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 | +0.7% | +1.4% | 65% | +17.7% | −11.4% |
| February | +4.1% | +1.1% | 65% | +38.3% | −9.4% |
| March | +0.4% | −1.6% | 42% | +20.4% | −15.5% |
| April | +2.0% | +0.9% | 54% | +20.0% | −16.8% |
| May | +1.3% | +1.6% | 65% | +17.3% | −20.2% |
| June | +1.2% | −1.5% | 42% | +47.4% | −18.3% |
| July | +0.9% | −1.0% | 42% | +22.2% | −14.8% |
| August | 0.0% | +0.1% | 52% | +17.3% | −19.8% |
| September | −1.6% | −0.7% | 36% | +20.3% | −27.4% |
| October | +4.6% | +4.0% | 64% | +19.1% | −6.3% |
| November | −0.7% | +2.7% | 56% | +14.3% | −20.2% |
| December | −1.3% | −2.6% | 40% | +16.5% | −21.1% |
| Year | Return |
|---|---|
| 2025 | −1.7% |
| 2024 | +23.1% |
| 2023 | +47.7% |
| 2022 | +0.2% |
| 2021 | −7.3% |
| 2020 | +48.6% |
| 2019 | +20.5% |
| 2018 | −29.5% |
| 2017 | +107.5% |
| 2016 | +38.8% |
| 2015 | +45.7% |
| 2014 | −5.9% |
| 2013 | +37.0% |
| 2012 | −13.6% |
| 2011 | −53.9% |
| 2010 | −12.0% |
| 2009 | −9.8% |
| 2008 | −46.6% |
| 2007 | +48.1% |
| 2006 | +119.9% |
| 2005 | +38.1% |
| 2004 | +13.6% |
| 2003 | +9.4% |
| 2002 | −51.6% |
| 2001 | +3.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.