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 | +0.8% | +1.2% | 54% | +11.9% | −15.3% |
| February | +1.6% | +1.9% | 58% | +17.0% | −14.0% |
| March | +3.9% | +1.3% | 62% | +31.1% | −6.8% |
| April | +1.4% | +0.4% | 50% | +25.8% | −20.6% |
| May | +0.6% | +0.6% | 54% | +26.3% | −18.1% |
| June | +0.4% | +0.7% | 50% | +17.9% | −19.3% |
| July | +2.5% | −0.4% | 50% | +46.7% | −16.6% |
| August | +1.1% | +0.5% | 52% | +19.4% | −18.8% |
| September | +0.4% | +0.5% | 52% | +20.3% | −40.1% |
| October | +1.8% | +1.3% | 52% | +24.5% | −12.5% |
| November | +0.6% | +1.6% | 60% | +15.1% | −18.7% |
| December | +2.3% | +0.6% | 60% | +29.4% | −14.5% |
| Year | Return |
|---|---|
| 2025 | +14.5% |
| 2024 | +10.5% |
| 2023 | +23.6% |
| 2022 | −4.4% |
| 2021 | −9.6% |
| 2020 | +7.5% |
| 2019 | +18.1% |
| 2018 | −34.4% |
| 2017 | +33.7% |
| 2016 | +74.1% |
| 2015 | −41.1% |
| 2014 | +55.1% |
| 2013 | +35.0% |
| 2012 | −5.5% |
| 2011 | −18.2% |
| 2010 | +27.4% |
| 2009 | +66.1% |
| 2008 | −55.1% |
| 2007 | −21.4% |
| 2006 | +38.1% |
| 2005 | +26.7% |
| 2004 | −9.8% |
| 2003 | +43.8% |
| 2002 | +51.6% |
| 2001 | +109.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.