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NTT Seasonality

Historical month-by-month and year-by-year returns

Based on 27 calendar years of monthly closes, starting 2000.

By Month

MonthAverageMedian% PositiveBestWorst
January+0.1%+0.8%56%+11.0%10.6%
February+0.9%0.2%48%+18.0%12.2%
March+0.1%+0.2%52%+17.5%17.8%
April+1.6%+0.5%56%+14.3%9.7%
May+1.1%+1.2%56%+14.3%13.1%
June+0.4%0.8%41%+8.6%7.1%
July1.0%1.0%44%+10.6%15.8%
August1.6%0.1%46%+16.2%16.5%
September+0.1%+1.0%67%+10.9%16.4%
October+0.8%+0.5%50%+12.2%7.8%
November0.3%0.4%38%+12.8%16.3%
December0.0%0.0%50%+13.0%9.4%

By Calendar Year

YearReturn
2025+1.4%
202418.0%
2023+19.7%
2022+19.1%
2021+24.8%
20206.0%
2019+19.3%
201810.0%
2017+4.3%
20161.0%
2015+43.2%
2014+26.2%
2013+45.2%
2012+0.5%
20110.0%
20100.0%
200913.4%
200813.4%
200715.6%
2006+10.7%
2005+24.5%
20049.9%
2003+20.6%
2002+3.9%
200152.2%
200050.0%

These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.