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 | −0.6% | −0.4% | 50% | +15.4% | −18.8% |
| February | +3.3% | +4.3% | 62% | +17.0% | −24.5% |
| March | +1.3% | −1.3% | 46% | +15.7% | −9.1% |
| April | +3.0% | +3.6% | 69% | +25.6% | −17.3% |
| May | +1.6% | +1.0% | 54% | +18.0% | −11.4% |
| June | +2.6% | +5.5% | 65% | +31.6% | −21.4% |
| July | +3.2% | +1.6% | 54% | +24.8% | −10.5% |
| August | −0.7% | +1.1% | 60% | +14.0% | −30.1% |
| September | −0.2% | −1.7% | 42% | +36.2% | −27.6% |
| October | +0.4% | +1.9% | 60% | +16.2% | −15.5% |
| November | +0.6% | +0.8% | 52% | +15.3% | −27.7% |
| December | +0.4% | +1.6% | 52% | +23.9% | −21.5% |
| Year | Return |
|---|---|
| 2025 | +10.7% |
| 2024 | +26.0% |
| 2023 | +34.4% |
| 2022 | +52.7% |
| 2021 | −16.5% |
| 2020 | +111.9% |
| 2019 | +33.5% |
| 2018 | +12.2% |
| 2017 | +73.7% |
| 2016 | −9.8% |
| 2015 | +33.7% |
| 2014 | −1.7% |
| 2013 | +37.1% |
| 2012 | −12.9% |
| 2011 | +20.4% |
| 2010 | −6.0% |
| 2009 | −8.6% |
| 2008 | −36.6% |
| 2007 | +13.2% |
| 2006 | +75.5% |
| 2005 | +29.9% |
| 2004 | −22.5% |
| 2003 | −8.0% |
| 2002 | −57.9% |
| 2001 | −5.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.