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 | +2.7% | +0.6% | 52% | +25.5% | −10.7% |
| February | +0.8% | +1.4% | 59% | +10.3% | −15.2% |
| March | +1.5% | +0.4% | 56% | +20.6% | −16.5% |
| April | +1.9% | 0.0% | 52% | +23.6% | −12.8% |
| May | +2.3% | +2.3% | 70% | +12.3% | −10.1% |
| June | −0.4% | −1.0% | 44% | +20.5% | −14.6% |
| July | −1.0% | −0.9% | 48% | +19.4% | −30.9% |
| August | +0.8% | +0.3% | 50% | +18.8% | −11.3% |
| September | −0.6% | +1.4% | 56% | +16.4% | −18.9% |
| October | +0.6% | +2.0% | 62% | +18.3% | −16.7% |
| November | +1.1% | +1.4% | 54% | +13.9% | −14.1% |
| December | −2.2% | −3.3% | 31% | +15.4% | −16.4% |
| Year | Return |
|---|---|
| 2025 | +0.4% |
| 2024 | −36.6% |
| 2023 | −38.5% |
| 2022 | +16.5% |
| 2021 | −15.1% |
| 2020 | −4.2% |
| 2019 | +9.5% |
| 2018 | +15.6% |
| 2017 | +77.4% |
| 2016 | +41.0% |
| 2015 | +18.0% |
| 2014 | +15.9% |
| 2013 | +29.2% |
| 2012 | −9.4% |
| 2011 | −15.3% |
| 2010 | −11.1% |
| 2009 | +21.8% |
| 2008 | −39.1% |
| 2007 | −2.0% |
| 2006 | +13.6% |
| 2005 | +56.1% |
| 2004 | +14.5% |
| 2003 | −12.0% |
| 2002 | +27.1% |
| 2001 | −8.2% |
| 2000 | −17.2% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.