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 | +4.8% | +3.6% | 67% | +28.4% | −12.3% |
| February | +3.3% | +1.0% | 60% | +40.4% | −14.2% |
| March | −0.4% | −0.7% | 40% | +18.9% | −7.0% |
| April | −0.4% | −2.1% | 47% | +20.3% | −13.6% |
| May | −0.5% | −0.2% | 44% | +13.4% | −20.9% |
| June | +4.7% | +4.6% | 81% | +18.6% | −9.6% |
| July | +3.3% | +5.2% | 56% | +17.3% | −25.2% |
| August | −0.6% | +0.4% | 53% | +17.0% | −32.3% |
| September | +1.7% | +1.7% | 53% | +18.2% | −17.5% |
| October | +6.9% | +1.3% | 60% | +74.0% | −10.0% |
| November | +4.6% | +0.9% | 60% | +28.1% | −5.6% |
| December | +4.3% | +6.6% | 67% | +15.9% | −9.3% |
| Year | Return |
|---|---|
| 2025 | +2.1% |
| 2024 | +66.7% |
| 2023 | +59.5% |
| 2022 | −1.3% |
| 2021 | +356.0% |
| 2020 | −10.8% |
| 2019 | −13.4% |
| 2018 | −25.2% |
| 2017 | +50.7% |
| 2016 | −11.3% |
| 2015 | +26.9% |
| 2014 | +38.3% |
| 2013 | +66.1% |
| 2012 | +57.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.