Historical month-by-month and year-by-year returns
Based on 22 calendar years of monthly closes, starting 2005.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +1.2% | 0.0% | 48% | +23.0% | −20.2% |
| February | −2.8% | −3.4% | 43% | +9.1% | −24.2% |
| March | +3.6% | +0.8% | 57% | +33.0% | −10.3% |
| April | +0.2% | +2.3% | 52% | +12.3% | −14.5% |
| May | +0.4% | 0.0% | 48% | +14.2% | −17.7% |
| June | +1.7% | +1.3% | 67% | +14.5% | −7.3% |
| July | −2.7% | −2.8% | 33% | +12.5% | −13.6% |
| August | −0.2% | +3.0% | 55% | +10.7% | −18.9% |
| September | +0.1% | −1.1% | 43% | +12.8% | −33.0% |
| October | +2.5% | +3.9% | 62% | +23.0% | −12.9% |
| November | +2.7% | +2.9% | 62% | +22.3% | −13.9% |
| December | +2.0% | +2.9% | 57% | +15.1% | −19.5% |
| Year | Return |
|---|---|
| 2025 | +41.7% |
| 2024 | +41.8% |
| 2023 | +46.4% |
| 2022 | +37.9% |
| 2021 | +47.3% |
| 2020 | −17.4% |
| 2019 | −2.6% |
| 2018 | −28.9% |
| 2017 | +12.3% |
| 2016 | +19.9% |
| 2015 | −3.6% |
| 2014 | +1.5% |
| 2013 | +19.6% |
| 2012 | +49.3% |
| 2011 | −18.1% |
| 2010 | −9.0% |
| 2009 | −8.2% |
| 2008 | −50.6% |
| 2007 | −29.2% |
| 2006 | −13.6% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.