Historical month-by-month and year-by-year returns
Based on 16 calendar years of monthly closes, starting 2011.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +3.3% | −0.9% | 47% | +32.2% | −15.3% |
| February | −1.2% | +0.4% | 53% | +15.2% | −28.5% |
| March | −0.2% | −0.1% | 47% | +23.3% | −16.7% |
| April | +5.8% | +2.9% | 53% | +53.9% | −17.4% |
| May | −2.0% | −6.6% | 33% | +25.8% | −22.0% |
| June | −0.9% | −5.1% | 33% | +24.8% | −13.6% |
| July | +7.4% | +9.8% | 67% | +36.0% | −16.7% |
| August | +4.2% | +2.5% | 64% | +54.2% | −22.9% |
| September | −7.2% | −10.3% | 29% | +16.1% | −33.3% |
| October | −2.1% | −0.9% | 50% | +25.0% | −29.1% |
| November | +1.5% | 0.0% | 47% | +10.1% | −5.9% |
| December | +4.6% | +2.6% | 67% | +33.2% | −12.8% |
| Year | Return |
|---|---|
| 2025 | +49.8% |
| 2024 | +12.3% |
| 2023 | −14.5% |
| 2022 | +5.9% |
| 2021 | +8.0% |
| 2020 | +43.5% |
| 2019 | −27.4% |
| 2018 | +47.0% |
| 2017 | +13.0% |
| 2016 | −40.2% |
| 2015 | −7.8% |
| 2014 | +5.3% |
| 2013 | −4.2% |
| 2012 | +27.8% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.