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 | +2.0% | +3.7% | 63% | +34.4% | −30.2% |
| February | −0.6% | −3.6% | 37% | +19.6% | −17.1% |
| March | +0.2% | −3.3% | 37% | +37.4% | −18.8% |
| April | −0.4% | +0.6% | 56% | +21.6% | −21.5% |
| May | +0.4% | −1.6% | 48% | +25.4% | −24.0% |
| June | −0.9% | −1.6% | 48% | +28.5% | −17.3% |
| July | +0.2% | −1.3% | 37% | +24.6% | −14.6% |
| August | −3.7% | −5.4% | 42% | +17.0% | −32.8% |
| September | +1.5% | +2.3% | 65% | +18.4% | −32.0% |
| October | +3.0% | +4.6% | 65% | +18.4% | −23.7% |
| November | +2.9% | +3.3% | 58% | +47.5% | −17.7% |
| December | +0.7% | +1.3% | 65% | +20.6% | −18.7% |
| Year | Return |
|---|---|
| 2025 | +38.7% |
| 2024 | +32.5% |
| 2023 | +48.6% |
| 2022 | +2.5% |
| 2021 | −8.5% |
| 2020 | −2.6% |
| 2019 | +28.2% |
| 2018 | −37.5% |
| 2017 | +0.6% |
| 2016 | +8.2% |
| 2015 | +2.4% |
| 2014 | −12.5% |
| 2013 | +37.8% |
| 2012 | +88.5% |
| 2011 | −44.1% |
| 2010 | −27.0% |
| 2009 | +15.3% |
| 2008 | −62.3% |
| 2007 | −35.9% |
| 2006 | +7.2% |
| 2005 | +68.3% |
| 2004 | −21.4% |
| 2003 | +20.2% |
| 2002 | +0.1% |
| 2001 | −33.4% |
| 2000 | −11.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.