Historical month-by-month and year-by-year returns
Based on 26 calendar years of monthly closes, starting 2001.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +1.5% | +1.3% | 58% | +13.6% | −14.0% |
| February | +1.5% | +2.6% | 62% | +12.9% | −19.2% |
| March | −2.4% | −1.1% | 42% | +6.6% | −18.9% |
| April | +1.9% | +0.9% | 62% | +14.1% | −12.6% |
| May | +2.0% | +2.2% | 69% | +11.3% | −9.2% |
| June | +1.6% | +0.2% | 50% | +27.2% | −11.0% |
| July | +1.5% | +3.3% | 58% | +13.6% | −15.0% |
| August | +0.3% | +0.5% | 52% | +9.1% | −15.5% |
| September | +0.3% | −0.4% | 42% | +26.0% | −12.5% |
| October | +1.2% | −1.2% | 44% | +21.8% | −8.0% |
| November | +1.4% | +0.8% | 56% | +10.9% | −4.1% |
| December | +0.1% | +0.6% | 56% | +16.1% | −14.2% |
| Year | Return |
|---|---|
| 2025 | −22.6% |
| 2024 | −36.4% |
| 2023 | +27.5% |
| 2022 | +8.6% |
| 2021 | +21.6% |
| 2020 | +14.7% |
| 2019 | +28.1% |
| 2018 | +4.4% |
| 2017 | +72.3% |
| 2016 | −18.8% |
| 2015 | +6.9% |
| 2014 | +82.8% |
| 2013 | +28.2% |
| 2012 | +50.1% |
| 2011 | +7.1% |
| 2010 | +21.9% |
| 2009 | −9.6% |
| 2008 | +9.2% |
| 2007 | +1.8% |
| 2006 | −10.6% |
| 2005 | −2.4% |
| 2004 | +6.3% |
| 2003 | −0.2% |
| 2002 | −13.8% |
| 2001 | +9.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.