Historical month-by-month and year-by-year returns
Based on 10 calendar years of monthly closes, starting 2017.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +15.8% | −6.5% | 44% | +90.1% | −27.8% |
| February | +24.0% | −8.8% | 33% | +279.3% | −39.8% |
| March | −1.3% | −0.8% | 44% | +61.7% | −50.1% |
| April | +14.4% | +1.9% | 67% | +120.2% | −33.7% |
| May | +5.7% | +0.6% | 56% | +55.4% | −34.4% |
| June | −19.3% | −20.6% | 11% | +11.8% | −38.9% |
| July | +11.6% | +7.2% | 67% | +67.0% | −26.7% |
| August | +3.0% | −11.4% | 30% | +109.7% | −28.7% |
| September | −8.4% | −8.2% | 13% | +8.1% | −23.7% |
| October | −6.3% | −7.5% | 25% | +15.4% | −24.5% |
| November | +25.8% | −11.9% | 38% | +215.6% | −44.2% |
| December | +52.3% | −15.7% | 44% | +500.3% | −22.7% |
| Year | Return |
|---|---|
| 2025 | −60.6% |
| 2024 | +42.0% |
| 2023 | +141.1% |
| 2022 | −81.2% |
| 2021 | +622.3% |
| 2020 | +452.3% |
| 2019 | −20.0% |
| 2018 | −94.3% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.