Historical month-by-month and year-by-year returns
Based on 27 calendar years of monthly closes, starting 2000.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +2.7% | +2.9% | 70% | +16.1% | −13.6% |
| February | −1.0% | −1.1% | 41% | +17.8% | −20.6% |
| March | +2.3% | +0.7% | 56% | +22.9% | −7.9% |
| April | −1.0% | +0.6% | 52% | +14.7% | −26.5% |
| May | +0.2% | −0.2% | 48% | +9.6% | −18.4% |
| June | +2.4% | +2.9% | 67% | +14.7% | −8.4% |
| July | −1.2% | −0.9% | 48% | +11.6% | −24.5% |
| August | −1.5% | −1.8% | 42% | +10.9% | −15.8% |
| September | +0.6% | +1.5% | 52% | +14.6% | −22.3% |
| October | +0.9% | +1.6% | 58% | +17.9% | −17.1% |
| November | +2.8% | +0.6% | 58% | +18.9% | −9.7% |
| December | +0.6% | +0.9% | 54% | +14.3% | −14.6% |
| Year | Return |
|---|---|
| 2025 | +5.2% |
| 2024 | −11.8% |
| 2023 | +56.7% |
| 2022 | −4.4% |
| 2021 | +21.3% |
| 2020 | −2.3% |
| 2019 | −12.9% |
| 2018 | −15.1% |
| 2017 | +13.0% |
| 2016 | +1.4% |
| 2015 | −6.7% |
| 2014 | −8.0% |
| 2013 | +11.1% |
| 2012 | +31.5% |
| 2011 | −23.3% |
| 2010 | +13.0% |
| 2009 | +48.6% |
| 2008 | −37.7% |
| 2007 | −30.1% |
| 2006 | +42.6% |
| 2005 | +22.7% |
| 2004 | +24.8% |
| 2003 | +9.0% |
| 2002 | −24.3% |
| 2001 | +18.2% |
| 2000 | +30.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.