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 | +2.1% | +2.5% | 53% | +18.0% | −8.7% |
| February | −1.6% | −1.2% | 33% | +9.7% | −10.0% |
| March | +1.8% | −1.3% | 40% | +13.1% | −7.6% |
| April | −5.2% | −5.4% | 13% | +11.3% | −19.3% |
| May | −4.2% | −4.9% | 20% | +1.8% | −9.1% |
| June | +1.9% | +4.9% | 69% | +12.5% | −14.1% |
| July | −2.5% | −3.1% | 31% | +14.9% | −19.9% |
| August | −1.2% | −3.3% | 27% | +17.9% | −14.2% |
| September | −0.1% | +0.4% | 53% | +10.3% | −14.1% |
| October | +4.9% | +6.1% | 67% | +22.1% | −14.9% |
| November | −0.9% | −1.4% | 33% | +9.2% | −11.7% |
| December | +0.9% | +1.7% | 67% | +11.9% | −13.2% |
| Year | Return |
|---|---|
| 2025 | +41.1% |
| 2024 | −17.1% |
| 2023 | −25.3% |
| 2022 | −21.1% |
| 2021 | −19.5% |
| 2020 | +47.7% |
| 2019 | −42.2% |
| 2018 | −34.0% |
| 2017 | +43.3% |
| 2016 | +23.8% |
| 2015 | −21.2% |
| 2014 | −20.0% |
| 2013 | +7.4% |
| 2012 | −10.9% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.