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 | +2.6% | +2.1% | 63% | +27.1% | −11.5% |
| February | +0.4% | +0.5% | 59% | +13.2% | −20.2% |
| March | +5.0% | +4.4% | 70% | +21.5% | −8.2% |
| April | −0.3% | −1.6% | 44% | +27.5% | −18.9% |
| May | +0.4% | +1.1% | 52% | +17.9% | −13.8% |
| June | +1.1% | 0.0% | 52% | +28.5% | −18.2% |
| July | −0.9% | −1.5% | 48% | +15.5% | −15.8% |
| August | +0.5% | +0.7% | 58% | +26.2% | −27.6% |
| September | −0.9% | +1.5% | 65% | +16.3% | −37.1% |
| October | +3.8% | +3.9% | 65% | +17.5% | −12.6% |
| November | +2.2% | +1.4% | 58% | +18.2% | −22.0% |
| December | +2.2% | +3.7% | 65% | +19.5% | −15.8% |
| Year | Return |
|---|---|
| 2025 | +25.2% |
| 2024 | +11.6% |
| 2023 | +34.5% |
| 2022 | +12.4% |
| 2021 | −2.0% |
| 2020 | +16.0% |
| 2019 | −10.7% |
| 2018 | −34.8% |
| 2017 | +57.2% |
| 2016 | +52.2% |
| 2015 | −24.1% |
| 2014 | +8.6% |
| 2013 | −11.8% |
| 2012 | +13.3% |
| 2011 | −12.1% |
| 2010 | +34.3% |
| 2009 | +92.2% |
| 2008 | −63.0% |
| 2007 | +0.4% |
| 2006 | +17.8% |
| 2005 | +181.5% |
| 2004 | +20.3% |
| 2003 | +59.4% |
| 2002 | −1.7% |
| 2001 | −22.4% |
| 2000 | +9.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.