Historical month-by-month and year-by-year returns
Based on 12 calendar years of monthly closes, starting 2015.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +0.7% | 0.0% | 45% | +22.6% | −22.7% |
| February | +1.7% | 0.0% | 45% | +19.5% | −13.5% |
| March | +10.4% | +7.5% | 73% | +63.5% | −7.4% |
| April | +4.6% | 0.0% | 42% | +47.3% | −22.6% |
| May | +1.1% | +0.4% | 50% | +23.8% | −19.0% |
| June | +3.1% | 0.0% | 42% | +22.4% | −11.7% |
| July | +0.4% | 0.0% | 33% | +26.8% | −19.2% |
| August | −2.0% | −2.6% | 18% | +11.7% | −17.6% |
| September | −0.6% | 0.0% | 36% | +15.8% | −28.4% |
| October | +9.6% | +4.4% | 64% | +44.9% | −22.4% |
| November | +0.6% | 0.0% | 36% | +32.4% | −12.7% |
| December | +8.2% | +1.7% | 55% | +72.6% | −18.4% |
| Year | Return |
|---|---|
| 2025 | +37.1% |
| 2024 | +76.0% |
| 2023 | +64.6% |
| 2022 | +21.9% |
| 2021 | −2.2% |
| 2020 | +27.6% |
| 2019 | +164.5% |
| 2018 | −35.3% |
| 2017 | +231.3% |
| 2016 | 0.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.