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 | +1.9% | +2.6% | 58% | +17.0% | −21.0% |
| February | +1.9% | +1.2% | 62% | +14.5% | −17.0% |
| March | +2.5% | +0.8% | 62% | +30.0% | −8.6% |
| April | +2.3% | +1.4% | 65% | +14.4% | −11.0% |
| May | +0.8% | +0.8% | 58% | +11.8% | −10.1% |
| June | −2.5% | −4.4% | 38% | +13.0% | −23.6% |
| July | −0.2% | 0.0% | 50% | +12.2% | −12.6% |
| August | +1.8% | +0.4% | 52% | +33.1% | −9.4% |
| September | +2.9% | +2.9% | 65% | +19.9% | −16.2% |
| October | +3.0% | +2.7% | 68% | +16.6% | −14.3% |
| November | +1.4% | +0.5% | 56% | +11.4% | −10.0% |
| December | −0.8% | −0.4% | 48% | +15.3% | −19.4% |
| Year | Return |
|---|---|
| 2025 | −16.1% |
| 2024 | +1.0% |
| 2023 | +12.3% |
| 2022 | +1.8% |
| 2021 | +3.7% |
| 2020 | +50.2% |
| 2019 | +33.8% |
| 2018 | −15.9% |
| 2017 | +51.4% |
| 2016 | +56.9% |
| 2015 | +0.8% |
| 2014 | +30.5% |
| 2013 | +67.6% |
| 2012 | +47.0% |
| 2011 | −12.8% |
| 2010 | +4.6% |
| 2009 | +37.9% |
| 2008 | −26.6% |
| 2007 | −16.4% |
| 2006 | −7.6% |
| 2005 | +64.2% |
| 2004 | +8.1% |
| 2003 | +11.5% |
| 2002 | −9.1% |
| 2001 | −24.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.