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 | +1.7% | +1.9% | 65% | +17.6% | −17.6% |
| February | −0.2% | +0.1% | 50% | +10.6% | −11.4% |
| March | +0.8% | −1.0% | 46% | +18.4% | −8.3% |
| April | +0.4% | +0.8% | 58% | +8.4% | −7.1% |
| May | +0.9% | +0.3% | 50% | +13.6% | −9.5% |
| June | −0.6% | −1.1% | 42% | +15.0% | −23.9% |
| July | +1.4% | +0.9% | 50% | +25.1% | −11.6% |
| August | +1.8% | +1.6% | 64% | +13.0% | −12.5% |
| September | −1.1% | −0.8% | 44% | +15.5% | −19.7% |
| October | +0.3% | −0.8% | 48% | +13.3% | −9.0% |
| November | +0.7% | −0.4% | 48% | +9.7% | −18.5% |
| December | +0.5% | +1.4% | 60% | +14.3% | −17.1% |
| Year | Return |
|---|---|
| 2025 | +49.1% |
| 2024 | −21.8% |
| 2023 | +16.6% |
| 2022 | +4.6% |
| 2021 | +2.3% |
| 2020 | −31.4% |
| 2019 | −8.1% |
| 2018 | +13.8% |
| 2017 | +13.0% |
| 2016 | −17.3% |
| 2015 | +8.8% |
| 2014 | +79.5% |
| 2013 | +41.5% |
| 2012 | +22.1% |
| 2011 | −5.3% |
| 2010 | +4.2% |
| 2009 | +3.1% |
| 2008 | −34.5% |
| 2007 | −23.8% |
| 2006 | +7.5% |
| 2005 | +43.0% |
| 2004 | −14.0% |
| 2003 | +35.6% |
| 2002 | −3.7% |
| 2001 | +10.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.