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% | −1.1% | 46% | +24.1% | −49.4% |
| February | +1.5% | −0.3% | 46% | +55.4% | −25.3% |
| March | +5.1% | +2.1% | 62% | +45.4% | −10.7% |
| April | +3.4% | +3.3% | 65% | +29.9% | −19.8% |
| May | −1.5% | −1.6% | 38% | +16.1% | −23.7% |
| June | +1.3% | +3.1% | 73% | +12.7% | −14.5% |
| July | −0.4% | −0.5% | 46% | +19.4% | −18.8% |
| August | −1.2% | +0.9% | 56% | +17.8% | −23.4% |
| September | +3.6% | +5.7% | 64% | +16.3% | −21.6% |
| October | +2.1% | +0.9% | 52% | +27.8% | −40.2% |
| November | +1.1% | +1.0% | 56% | +17.2% | −15.5% |
| December | −0.7% | +0.8% | 60% | +12.1% | −19.2% |
| Year | Return |
|---|---|
| 2025 | +42.4% |
| 2024 | +14.9% |
| 2023 | +26.1% |
| 2022 | −3.4% |
| 2021 | +40.6% |
| 2020 | −9.8% |
| 2019 | +13.3% |
| 2018 | −19.4% |
| 2017 | +19.2% |
| 2016 | +1.2% |
| 2015 | +23.4% |
| 2014 | −14.0% |
| 2013 | +62.7% |
| 2012 | +37.0% |
| 2011 | −12.0% |
| 2010 | +19.1% |
| 2009 | +68.7% |
| 2008 | −77.7% |
| 2007 | −47.8% |
| 2006 | +14.0% |
| 2005 | +121.7% |
| 2004 | +50.1% |
| 2003 | +27.6% |
| 2002 | −30.9% |
| 2001 | −11.2% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.