Historical month-by-month and year-by-year returns
Based on 15 calendar years of monthly closes, starting 2012.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +5.0% | +5.7% | 79% | +15.8% | −11.1% |
| February | −6.5% | −4.2% | 21% | +4.1% | −25.8% |
| March | +2.6% | +1.6% | 50% | +9.8% | −7.7% |
| April | −1.6% | +0.7% | 50% | +12.8% | −25.8% |
| May | 0.0% | −0.1% | 43% | +5.7% | −7.6% |
| June | +2.9% | +5.5% | 57% | +14.0% | −12.0% |
| July | −1.4% | −3.2% | 36% | +13.2% | −9.7% |
| August | +1.8% | +2.2% | 62% | +10.6% | −7.2% |
| September | −1.3% | −3.5% | 46% | +20.9% | −17.4% |
| October | +4.3% | +1.8% | 57% | +32.7% | −7.1% |
| November | +1.0% | +1.4% | 64% | +20.5% | −8.4% |
| December | +0.2% | +0.8% | 50% | +13.0% | −15.2% |
| Year | Return |
|---|---|
| 2025 | +55.1% |
| 2024 | −20.2% |
| 2023 | +58.1% |
| 2022 | −3.6% |
| 2021 | −18.2% |
| 2020 | +43.4% |
| 2019 | −31.3% |
| 2018 | −21.9% |
| 2017 | −5.5% |
| 2016 | +21.5% |
| 2015 | −11.6% |
| 2014 | −14.6% |
| 2013 | +38.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.