Historical month-by-month and year-by-year returns
Based on 28 calendar years of monthly closes, starting 1999.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +1.7% | +0.3% | 52% | +20.7% | −18.1% |
| February | +0.1% | +0.9% | 52% | +22.3% | −17.3% |
| March | +0.7% | −0.3% | 41% | +23.4% | −7.4% |
| April | −0.6% | +0.5% | 56% | +12.2% | −11.0% |
| May | +1.1% | −0.1% | 50% | +21.0% | −12.6% |
| June | +0.5% | +0.9% | 57% | +16.7% | −10.4% |
| July | −1.3% | −0.7% | 39% | +12.7% | −20.0% |
| August | −0.3% | +0.3% | 52% | +15.6% | −15.2% |
| September | +0.8% | +1.1% | 61% | +10.1% | −14.8% |
| October | +1.3% | +1.3% | 59% | +15.3% | −19.6% |
| November | +5.0% | +3.3% | 67% | +43.1% | −9.8% |
| December | +0.4% | −0.1% | 48% | +15.8% | −10.5% |
| Year | Return |
|---|---|
| 2025 | +17.8% |
| 2024 | −0.9% |
| 2023 | +58.2% |
| 2022 | −15.5% |
| 2021 | +53.8% |
| 2020 | −4.6% |
| 2019 | +14.6% |
| 2018 | −10.8% |
| 2017 | +13.6% |
| 2016 | −8.6% |
| 2015 | −5.8% |
| 2014 | +29.1% |
| 2013 | +35.7% |
| 2012 | +55.3% |
| 2011 | −17.4% |
| 2010 | −2.6% |
| 2009 | +19.3% |
| 2008 | −49.7% |
| 2007 | −26.8% |
| 2006 | +30.8% |
| 2005 | +50.9% |
| 2004 | +16.5% |
| 2003 | +21.2% |
| 2002 | −17.2% |
| 2001 | −13.1% |
| 2000 | −15.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.