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 | +4.2% | +0.6% | 59% | +31.6% | −7.2% |
| February | +1.7% | +2.1% | 59% | +25.5% | −13.0% |
| March | +1.1% | +0.3% | 52% | +13.7% | −13.2% |
| April | +2.1% | −0.1% | 44% | +31.0% | −13.5% |
| May | +2.1% | −0.6% | 48% | +23.8% | −11.0% |
| June | −0.4% | +1.0% | 56% | +11.9% | −13.6% |
| July | −1.1% | −0.6% | 44% | +18.4% | −17.7% |
| August | −1.0% | 0.0% | 50% | +18.2% | −30.0% |
| September | +1.0% | +1.0% | 56% | +26.4% | −25.5% |
| October | +2.4% | +2.3% | 65% | +17.6% | −19.2% |
| November | +1.9% | +2.9% | 65% | +15.0% | −8.9% |
| December | +2.3% | +1.3% | 69% | +17.1% | −10.9% |
| Year | Return |
|---|---|
| 2025 | +37.2% |
| 2024 | +6.4% |
| 2023 | +61.4% |
| 2022 | +14.1% |
| 2021 | +22.3% |
| 2020 | +16.7% |
| 2019 | +28.9% |
| 2018 | −6.9% |
| 2017 | +37.5% |
| 2016 | +11.3% |
| 2015 | +16.5% |
| 2014 | −5.1% |
| 2013 | +22.3% |
| 2012 | +24.7% |
| 2011 | −7.1% |
| 2010 | +26.0% |
| 2009 | +58.4% |
| 2008 | −54.1% |
| 2007 | −7.7% |
| 2006 | +5.8% |
| 2005 | +103.3% |
| 2004 | +29.6% |
| 2003 | +29.5% |
| 2002 | +1.0% |
| 2001 | −43.1% |
| 2000 | +11.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.