Historical month-by-month and year-by-year returns
Based on 13 calendar years of monthly closes, starting 2014.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −3.4% | −6.6% | 42% | +16.3% | −19.5% |
| February | −0.9% | +1.8% | 67% | +12.3% | −25.6% |
| March | +2.1% | +3.5% | 58% | +13.8% | −11.0% |
| April | +12.0% | +11.4% | 83% | +44.7% | −3.7% |
| May | +0.1% | −0.9% | 42% | +8.3% | −15.6% |
| June | +4.4% | +4.1% | 75% | +24.0% | −11.2% |
| July | +7.0% | +5.2% | 67% | +41.8% | −13.4% |
| August | +0.4% | +2.1% | 55% | +12.0% | −11.7% |
| September | +2.7% | +5.8% | 67% | +13.9% | −19.9% |
| October | +4.3% | +3.7% | 67% | +27.0% | −8.9% |
| November | +0.4% | +2.2% | 58% | +10.5% | −14.7% |
| December | −0.4% | −0.3% | 42% | +9.4% | −19.8% |
| Year | Return |
|---|---|
| 2025 | −25.9% |
| 2024 | +84.4% |
| 2023 | +43.0% |
| 2022 | −25.9% |
| 2021 | +23.2% |
| 2020 | +5.5% |
| 2019 | +47.8% |
| 2018 | +9.5% |
| 2017 | +61.3% |
| 2016 | +30.6% |
| 2015 | +10.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.