Historical month-by-month and year-by-year returns
Based on 11 calendar years of monthly closes, starting 2016.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −1.2% | −0.4% | 50% | +4.1% | −7.9% |
| February | −0.4% | +3.0% | 60% | +8.7% | −15.4% |
| March | +3.2% | +1.2% | 70% | +20.5% | −6.0% |
| April | +0.1% | −0.8% | 50% | +25.7% | −11.8% |
| May | +4.5% | −0.4% | 40% | +32.7% | −6.7% |
| June | +2.6% | +4.4% | 60% | +29.0% | −12.5% |
| July | +3.0% | +2.1% | 60% | +24.1% | −6.2% |
| August | +1.8% | −0.4% | 33% | +19.3% | −11.3% |
| September | +5.8% | +4.1% | 67% | +29.6% | −27.4% |
| October | −2.5% | −1.3% | 44% | +15.2% | −14.4% |
| November | +3.9% | +5.0% | 70% | +15.5% | −7.4% |
| December | +4.2% | +4.9% | 70% | +18.2% | −18.2% |
| Year | Return |
|---|---|
| 2025 | +5.0% |
| 2024 | +28.7% |
| 2023 | +5.8% |
| 2022 | +8.6% |
| 2021 | −6.8% |
| 2020 | +63.7% |
| 2019 | +21.4% |
| 2018 | −9.0% |
| 2017 | +172.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.