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 | +4.1% | +5.4% | 73% | +18.3% | −12.3% |
| February | −0.3% | −1.1% | 42% | +13.2% | −14.7% |
| March | +1.4% | +0.9% | 54% | +15.0% | −12.3% |
| April | +1.1% | −1.4% | 38% | +19.0% | −12.1% |
| May | +0.3% | +1.8% | 58% | +14.3% | −12.1% |
| June | −0.4% | −0.8% | 38% | +11.0% | −13.7% |
| July | −0.1% | −0.3% | 42% | +14.9% | −14.7% |
| August | +0.2% | +1.8% | 52% | +14.2% | −25.5% |
| September | −1.1% | −0.5% | 40% | +23.0% | −25.3% |
| October | −1.5% | +0.6% | 52% | +9.9% | −18.8% |
| November | +3.3% | +2.2% | 68% | +24.9% | −16.0% |
| December | +0.3% | +1.6% | 56% | +17.3% | −20.7% |
| Year | Return |
|---|---|
| 2025 | +65.0% |
| 2024 | +31.5% |
| 2023 | +29.2% |
| 2022 | +1.7% |
| 2021 | +7.5% |
| 2020 | −9.6% |
| 2019 | −21.0% |
| 2018 | −18.0% |
| 2017 | +35.9% |
| 2016 | +16.8% |
| 2015 | +4.6% |
| 2014 | −12.3% |
| 2013 | −8.0% |
| 2012 | +17.4% |
| 2011 | −17.1% |
| 2010 | +31.2% |
| 2009 | +6.3% |
| 2008 | −44.8% |
| 2007 | −10.9% |
| 2006 | −13.1% |
| 2005 | +31.1% |
| 2004 | +24.3% |
| 2003 | +21.0% |
| 2002 | −10.3% |
| 2001 | −0.9% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.