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 | +2.8% | +4.0% | 63% | +28.5% | −19.4% |
| February | −1.5% | −4.4% | 30% | +17.1% | −22.0% |
| March | +4.2% | +3.5% | 59% | +39.2% | −15.2% |
| April | +0.8% | +0.8% | 56% | +20.5% | −17.9% |
| May | +0.7% | −0.1% | 48% | +21.5% | −14.3% |
| June | −0.1% | −0.1% | 48% | +17.1% | −15.8% |
| July | +2.8% | +2.6% | 56% | +50.4% | −20.5% |
| August | −3.3% | −3.0% | 35% | +13.9% | −32.4% |
| September | +1.1% | +1.2% | 59% | +22.9% | −44.0% |
| October | +1.4% | +2.1% | 54% | +16.6% | −22.4% |
| November | +5.9% | +5.8% | 65% | +31.4% | −13.6% |
| December | +1.5% | +2.9% | 54% | +18.5% | −23.1% |
| Year | Return |
|---|---|
| 2025 | −8.5% |
| 2024 | −0.4% |
| 2023 | +65.7% |
| 2022 | +9.3% |
| 2021 | +211.0% |
| 2020 | +5.2% |
| 2019 | −0.8% |
| 2018 | −30.6% |
| 2017 | +8.6% |
| 2016 | +52.5% |
| 2015 | −41.0% |
| 2014 | −6.1% |
| 2013 | +41.5% |
| 2012 | +4.5% |
| 2011 | −46.2% |
| 2010 | −5.5% |
| 2009 | +7.4% |
| 2008 | −59.3% |
| 2007 | +3.0% |
| 2006 | +18.2% |
| 2005 | +64.3% |
| 2004 | +28.4% |
| 2003 | +107.4% |
| 2002 | −12.0% |
| 2001 | +23.2% |
| 2000 | +10.9% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.