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 | +3.9% | +0.8% | 54% | +48.9% | −15.0% |
| February | +1.3% | +0.6% | 54% | +31.9% | −29.1% |
| March | +3.4% | +3.2% | 58% | +47.0% | −14.0% |
| April | −3.7% | −5.2% | 30% | +18.0% | −21.1% |
| May | −1.3% | −0.3% | 44% | +12.8% | −17.3% |
| June | −1.7% | +1.8% | 56% | +44.0% | −55.8% |
| July | +1.0% | −1.7% | 48% | +18.8% | −14.1% |
| August | +2.2% | −0.4% | 50% | +52.0% | −16.7% |
| September | −0.3% | −1.5% | 42% | +55.0% | −52.6% |
| October | +2.1% | +0.6% | 50% | +28.5% | −23.5% |
| November | −0.3% | −0.5% | 46% | +37.8% | −44.0% |
| December | +4.2% | +3.6% | 54% | +80.0% | −17.3% |
| Year | Return |
|---|---|
| 2025 | −5.9% |
| 2024 | +51.1% |
| 2023 | −1.0% |
| 2022 | −33.7% |
| 2021 | −3.7% |
| 2020 | +20.2% |
| 2019 | +4.5% |
| 2018 | −16.9% |
| 2017 | −12.6% |
| 2016 | −8.2% |
| 2015 | −25.2% |
| 2014 | −2.5% |
| 2013 | +101.7% |
| 2012 | +8.6% |
| 2011 | +6.5% |
| 2010 | −2.3% |
| 2009 | +38.6% |
| 2008 | +17.1% |
| 2007 | −28.5% |
| 2006 | −36.4% |
| 2005 | −9.9% |
| 2004 | +118.5% |
| 2003 | +393.2% |
| 2002 | +46.1% |
| 2001 | −39.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.