Historical month-by-month and year-by-year returns
Based on 10 calendar years of monthly closes, starting 2017.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −2.5% | −3.5% | 22% | +12.2% | −8.1% |
| February | +2.5% | +1.0% | 56% | +28.7% | −8.0% |
| March | −1.1% | +3.8% | 56% | +18.2% | −31.5% |
| April | +3.7% | +7.4% | 67% | +29.3% | −25.9% |
| May | +2.8% | +6.5% | 78% | +24.9% | −19.4% |
| June | −5.2% | −4.0% | 22% | +6.5% | −19.2% |
| July | +0.9% | −2.1% | 44% | +27.4% | −19.8% |
| August | −2.2% | −0.9% | 50% | +13.5% | −17.9% |
| September | +6.3% | +0.3% | 56% | +29.7% | −10.8% |
| October | +3.1% | +3.3% | 67% | +30.5% | −23.2% |
| November | +4.4% | +3.5% | 67% | +28.6% | −30.1% |
| December | +3.5% | +1.5% | 56% | +52.9% | −31.9% |
| Year | Return |
|---|---|
| 2025 | +96.9% |
| 2024 | −11.3% |
| 2023 | −27.6% |
| 2022 | −52.0% |
| 2021 | +49.6% |
| 2020 | +73.4% |
| 2019 | −6.1% |
| 2018 | −23.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.