Historical month-by-month and year-by-year returns
Based on 26 calendar years of monthly closes, starting 2001.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −0.7% | −1.0% | 32% | +17.6% | −20.6% |
| February | +1.3% | +0.4% | 52% | +28.3% | −11.2% |
| March | +2.4% | 0.0% | 48% | +20.6% | −6.9% |
| April | −2.1% | −2.0% | 40% | +15.6% | −18.4% |
| May | +0.1% | 0.0% | 44% | +8.6% | −20.3% |
| June | +3.8% | +1.5% | 56% | +26.8% | −8.1% |
| July | −1.0% | −2.3% | 44% | +22.6% | −16.0% |
| August | +0.3% | +1.0% | 54% | +17.5% | −14.5% |
| September | 0.0% | +2.2% | 58% | +11.8% | −43.8% |
| October | +0.6% | 0.0% | 33% | +13.1% | −13.0% |
| November | +1.7% | +2.3% | 58% | +24.4% | −15.4% |
| December | +2.7% | +2.6% | 60% | +17.4% | −15.2% |
| Year | Return |
|---|---|
| 2025 | +47.4% |
| 2024 | +62.0% |
| 2023 | +1.1% |
| 2022 | −5.9% |
| 2021 | +47.6% |
| 2020 | −8.3% |
| 2019 | −8.5% |
| 2018 | −28.6% |
| 2017 | +43.2% |
| 2016 | +53.8% |
| 2015 | −17.0% |
| 2014 | −1.1% |
| 2013 | −4.4% |
| 2012 | −8.7% |
| 2011 | −25.9% |
| 2010 | +13.6% |
| 2009 | +39.6% |
| 2008 | −46.3% |
| 2007 | −7.9% |
| 2006 | −3.2% |
| 2005 | +91.1% |
| 2004 | −17.8% |
| 2003 | +23.2% |
| 2002 | −31.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.