Historical month-by-month and year-by-year returns
Based on 13 calendar years of monthly closes, starting 2014.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +3.0% | +6.8% | 67% | +27.8% | −20.3% |
| February | +0.7% | +0.6% | 50% | +12.9% | −11.5% |
| March | −3.7% | −3.8% | 33% | +11.9% | −16.7% |
| April | −0.2% | +0.6% | 67% | +25.8% | −28.9% |
| May | +3.8% | +5.6% | 67% | +13.5% | −13.7% |
| June | +6.5% | +3.5% | 67% | +24.7% | −9.5% |
| July | +3.4% | +3.0% | 75% | +14.3% | −11.9% |
| August | +2.3% | +0.1% | 54% | +18.7% | −13.3% |
| September | −1.6% | −3.5% | 36% | +15.1% | −9.9% |
| October | −0.9% | +1.5% | 55% | +9.7% | −11.6% |
| November | +7.3% | +4.6% | 75% | +31.4% | −12.9% |
| December | −2.6% | −2.1% | 17% | +13.6% | −16.6% |
| Year | Return |
|---|---|
| 2025 | +35.5% |
| 2024 | +8.4% |
| 2023 | +67.6% |
| 2022 | −67.0% |
| 2021 | −24.0% |
| 2020 | +148.7% |
| 2019 | +34.6% |
| 2018 | +0.3% |
| 2017 | +84.9% |
| 2016 | −2.0% |
| 2015 | +1.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.