Historical month-by-month and year-by-year returns
Based on 12 calendar years of monthly closes, starting 2015.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +0.9% | +1.3% | 55% | +9.8% | −9.9% |
| February | −3.2% | −4.4% | 27% | +8.4% | −12.1% |
| March | −0.8% | −1.0% | 45% | +3.9% | −7.2% |
| April | −1.5% | −2.1% | 36% | +13.4% | −11.9% |
| May | −0.3% | +1.0% | 55% | +5.3% | −13.4% |
| June | +0.8% | +0.6% | 64% | +9.8% | −12.5% |
| July | +1.2% | +1.6% | 64% | +9.3% | −11.5% |
| August | −1.3% | −1.5% | 40% | +7.2% | −8.7% |
| September | +1.4% | 0.0% | 50% | +11.4% | −7.4% |
| October | +3.5% | +4.5% | 70% | +8.1% | −2.2% |
| November | +0.6% | 0.0% | 45% | +7.5% | −8.5% |
| December | +3.3% | +3.6% | 73% | +12.4% | −14.5% |
| Year | Return |
|---|---|
| 2025 | +14.1% |
| 2024 | +14.8% |
| 2023 | +24.2% |
| 2022 | +16.5% |
| 2021 | +17.6% |
| 2020 | −16.5% |
| 2019 | −25.5% |
| 2018 | +2.7% |
| 2017 | −8.3% |
| 2016 | −11.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.