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 | +1.6% | +0.6% | 54% | +31.0% | −28.6% |
| February | +0.8% | +0.2% | 54% | +15.8% | −17.0% |
| March | +2.6% | +0.9% | 50% | +51.2% | −12.7% |
| April | +1.7% | +0.6% | 54% | +86.7% | −21.1% |
| May | +1.4% | +2.4% | 69% | +18.4% | −14.0% |
| June | −1.6% | +0.6% | 58% | +16.1% | −34.9% |
| July | −0.6% | −1.8% | 38% | +19.5% | −9.7% |
| August | +0.7% | −1.8% | 48% | +25.5% | −12.4% |
| September | +0.9% | +1.0% | 50% | +20.5% | −21.1% |
| October | +4.0% | +2.2% | 60% | +25.6% | −14.3% |
| November | +0.6% | +2.0% | 64% | +12.2% | −17.1% |
| December | +0.5% | +0.7% | 52% | +12.2% | −22.1% |
| Year | Return |
|---|---|
| 2025 | +27.0% |
| 2024 | −18.1% |
| 2023 | +22.3% |
| 2022 | −13.4% |
| 2021 | −15.1% |
| 2020 | +58.9% |
| 2019 | +23.1% |
| 2018 | −4.3% |
| 2017 | +5.6% |
| 2016 | +11.4% |
| 2015 | +6.8% |
| 2014 | +33.5% |
| 2013 | +71.5% |
| 2012 | +29.6% |
| 2011 | −30.4% |
| 2010 | +24.0% |
| 2009 | +44.4% |
| 2008 | −34.4% |
| 2007 | −38.0% |
| 2006 | +1.4% |
| 2005 | +55.2% |
| 2004 | −11.4% |
| 2003 | +32.8% |
| 2002 | −34.8% |
| 2001 | −48.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.