Historical month-by-month and year-by-year returns
Based on 30 calendar years of monthly closes, starting 1997.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +3.8% | +3.7% | 55% | +31.1% | −16.1% |
| February | −2.7% | −0.6% | 45% | +30.5% | −41.2% |
| March | +4.6% | +2.0% | 72% | +34.4% | −10.4% |
| April | +7.9% | +8.2% | 69% | +54.3% | −23.8% |
| May | +1.7% | +2.1% | 62% | +25.1% | −31.0% |
| June | +4.4% | +3.5% | 63% | +126.4% | −24.8% |
| July | +4.6% | +4.3% | 67% | +55.4% | −30.5% |
| August | +1.5% | −0.7% | 48% | +37.8% | −28.4% |
| September | +5.6% | +2.4% | 55% | +85.5% | −33.2% |
| October | +2.9% | +2.3% | 55% | +27.3% | −21.3% |
| November | +6.7% | +6.2% | 72% | +62.2% | −32.6% |
| December | +0.5% | −0.6% | 41% | +67.3% | −37.0% |
| Year | Return |
|---|---|
| 2025 | +5.2% |
| 2024 | +44.4% |
| 2023 | +80.9% |
| 2022 | −49.6% |
| 2021 | +2.4% |
| 2020 | +76.3% |
| 2019 | +23.0% |
| 2018 | +28.4% |
| 2017 | +56.0% |
| 2016 | +10.9% |
| 2015 | +117.8% |
| 2014 | −22.2% |
| 2013 | +59.0% |
| 2012 | +44.9% |
| 2011 | −3.8% |
| 2010 | +33.8% |
| 2009 | +162.3% |
| 2008 | −44.6% |
| 2007 | +134.8% |
| 2006 | −16.3% |
| 2005 | +6.5% |
| 2004 | −15.8% |
| 2003 | +178.6% |
| 2002 | +74.6% |
| 2001 | −30.5% |
| 2000 | −79.6% |
| 1999 | +42.2% |
| 1998 | +966.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.