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 | +0.6% | 0.0% | 48% | +20.6% | −14.7% |
| February | −2.3% | −0.5% | 44% | +21.4% | −78.0% |
| March | +2.5% | −0.8% | 41% | +68.6% | −12.5% |
| April | +1.8% | +1.0% | 52% | +44.7% | −25.4% |
| May | −0.3% | +0.7% | 52% | +20.8% | −18.3% |
| June | +0.7% | −1.3% | 41% | +33.4% | −19.9% |
| July | +0.6% | 0.0% | 48% | +31.3% | −16.5% |
| August | −2.7% | −2.6% | 46% | +22.2% | −37.8% |
| September | +0.7% | +1.0% | 58% | +19.2% | −14.4% |
| October | +0.4% | +0.6% | 50% | +19.2% | −13.9% |
| November | +1.5% | −0.3% | 46% | +58.5% | −35.6% |
| December | +0.1% | 0.0% | 50% | +47.4% | −14.2% |
| Year | Return |
|---|---|
| 2025 | +42.0% |
| 2024 | −48.1% |
| 2023 | +62.5% |
| 2022 | +58.5% |
| 2021 | −23.7% |
| 2020 | −7.8% |
| 2019 | −35.0% |
| 2018 | +51.4% |
| 2017 | +2.1% |
| 2016 | −27.8% |
| 2015 | +19.5% |
| 2014 | +6.8% |
| 2013 | +120.7% |
| 2012 | +1.9% |
| 2011 | −89.5% |
| 2010 | −18.1% |
| 2009 | −14.0% |
| 2008 | +2.5% |
| 2007 | −32.8% |
| 2006 | +39.3% |
| 2005 | +19.4% |
| 2004 | +2.9% |
| 2003 | +7.1% |
| 2002 | −13.8% |
| 2001 | +2.0% |
| 2000 | +2.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.