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 | +0.3% | +0.4% | 56% | +13.5% | −8.0% |
| February | +5.0% | +1.9% | 56% | +22.0% | −10.3% |
| March | +2.6% | +4.5% | 67% | +12.2% | −10.7% |
| April | −3.2% | −1.3% | 44% | +6.5% | −11.2% |
| May | +2.6% | +1.5% | 67% | +15.1% | −7.1% |
| June | −3.9% | −3.4% | 11% | +2.3% | −12.6% |
| July | +1.6% | +4.9% | 60% | +11.5% | −19.9% |
| August | +1.9% | +4.7% | 56% | +11.1% | −7.1% |
| September | −2.2% | −1.5% | 44% | +9.3% | −17.2% |
| October | +4.1% | +6.2% | 67% | +17.2% | −17.7% |
| November | +2.2% | +2.4% | 67% | +8.9% | −8.7% |
| December | −2.1% | −2.8% | 22% | +12.0% | −21.0% |
| Year | Return |
|---|---|
| 2025 | +15.9% |
| 2024 | +10.6% |
| 2023 | −26.3% |
| 2022 | +28.1% |
| 2021 | −19.0% |
| 2020 | +17.1% |
| 2019 | −9.7% |
| 2018 | −3.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.