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 | 0.0% | −0.9% | 38% | +18.0% | −13.4% |
| February | −0.8% | −0.6% | 46% | +15.6% | −20.1% |
| March | +5.0% | +1.0% | 54% | +28.9% | −12.4% |
| April | +1.9% | +1.7% | 65% | +16.8% | −14.1% |
| May | −0.7% | −0.9% | 46% | +13.0% | −10.4% |
| June | +4.7% | +5.0% | 65% | +22.2% | −17.0% |
| July | −3.0% | −0.8% | 42% | +10.2% | −29.0% |
| August | −0.4% | 0.0% | 48% | +11.9% | −18.0% |
| September | +2.6% | +4.1% | 76% | +19.0% | −28.5% |
| October | +4.5% | +3.6% | 80% | +31.5% | −11.6% |
| November | −1.1% | −0.3% | 44% | +16.0% | −25.4% |
| December | +0.6% | +2.8% | 60% | +25.9% | −25.4% |
| Year | Return |
|---|---|
| 2025 | −18.0% |
| 2024 | −2.9% |
| 2023 | −22.7% |
| 2022 | −28.9% |
| 2021 | −27.1% |
| 2020 | +97.3% |
| 2019 | +7.8% |
| 2018 | −25.3% |
| 2017 | +64.5% |
| 2016 | +31.0% |
| 2015 | +0.3% |
| 2014 | +40.1% |
| 2013 | +118.3% |
| 2012 | −27.0% |
| 2011 | −6.3% |
| 2010 | −13.1% |
| 2009 | +105.1% |
| 2008 | −38.6% |
| 2007 | −17.4% |
| 2006 | −20.0% |
| 2005 | +83.2% |
| 2004 | +11.6% |
| 2003 | +52.9% |
| 2002 | −6.8% |
| 2001 | +31.8% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.