Historical month-by-month and year-by-year returns
Based on 27 calendar years of monthly closes, starting 2000.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +2.5% | +2.2% | 63% | +21.3% | −12.9% |
| February | −2.2% | −1.9% | 26% | +7.0% | −16.1% |
| March | 0.0% | +0.1% | 56% | +12.1% | −20.8% |
| April | +0.3% | +1.3% | 63% | +14.7% | −14.0% |
| May | +1.3% | +0.9% | 56% | +17.9% | −8.0% |
| June | +0.9% | +1.2% | 52% | +11.4% | −11.2% |
| July | +0.5% | +2.6% | 56% | +9.6% | −18.1% |
| August | −0.4% | −0.5% | 42% | +11.8% | −14.2% |
| September | +1.7% | +0.4% | 50% | +20.8% | −11.9% |
| October | +1.6% | +0.3% | 54% | +22.0% | −13.0% |
| November | +0.2% | +0.5% | 54% | +8.5% | −19.7% |
| December | −0.2% | −0.5% | 46% | +20.1% | −13.4% |
| Year | Return |
|---|---|
| 2025 | +41.6% |
| 2024 | −12.2% |
| 2023 | −9.8% |
| 2022 | +3.4% |
| 2021 | +9.3% |
| 2020 | −13.2% |
| 2019 | +21.2% |
| 2018 | +11.8% |
| 2017 | −4.9% |
| 2016 | −8.3% |
| 2015 | −9.8% |
| 2014 | +43.0% |
| 2013 | +37.4% |
| 2012 | +48.7% |
| 2011 | −0.2% |
| 2010 | −6.1% |
| 2009 | −2.9% |
| 2008 | −25.4% |
| 2007 | −10.1% |
| 2006 | +5.8% |
| 2005 | +28.6% |
| 2004 | +12.2% |
| 2003 | +7.7% |
| 2002 | −1.0% |
| 2001 | −26.4% |
| 2000 | −8.9% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.