Historical month-by-month and year-by-year returns
Based on 18 calendar years of monthly closes, starting 2009.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +2.8% | −1.8% | 47% | +36.9% | −20.4% |
| February | +0.1% | −1.9% | 47% | +57.5% | −33.4% |
| March | +2.1% | +3.1% | 53% | +22.4% | −25.0% |
| April | −1.9% | −7.8% | 47% | +32.3% | −28.2% |
| May | −3.0% | −4.1% | 24% | +31.2% | −32.4% |
| June | −1.8% | −5.5% | 24% | +50.1% | −19.1% |
| July | +2.5% | −2.8% | 41% | +67.6% | −17.9% |
| August | +1.2% | +0.3% | 50% | +47.8% | −26.2% |
| September | +8.7% | +0.4% | 50% | +161.1% | −23.9% |
| October | +4.1% | +2.4% | 63% | +46.0% | −22.6% |
| November | −1.3% | −2.6% | 38% | +36.2% | −22.7% |
| December | +6.5% | +6.6% | 65% | +46.6% | −34.6% |
| Year | Return |
|---|---|
| 2025 | −18.4% |
| 2024 | −22.5% |
| 2023 | +32.3% |
| 2022 | −66.5% |
| 2021 | +513.4% |
| 2020 | +18.6% |
| 2019 | −15.9% |
| 2018 | −32.3% |
| 2017 | +140.2% |
| 2016 | −41.1% |
| 2015 | −16.0% |
| 2014 | +11.3% |
| 2013 | +15.5% |
| 2012 | −2.9% |
| 2011 | +153.1% |
| 2010 | −43.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.