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 | +7.3% | +12.2% | 67% | +25.1% | −17.5% |
| February | −1.8% | −1.9% | 50% | +34.1% | −20.3% |
| March | +0.7% | −0.9% | 33% | +16.4% | −12.9% |
| April | −1.8% | −0.3% | 50% | +7.1% | −17.1% |
| May | −0.3% | +0.6% | 50% | +10.9% | −19.6% |
| June | +1.1% | +1.8% | 50% | +18.4% | −22.7% |
| July | +4.9% | +5.0% | 75% | +27.4% | −21.4% |
| August | +1.2% | +1.1% | 54% | +17.8% | −15.6% |
| September | +1.5% | −4.5% | 45% | +32.4% | −16.2% |
| October | +2.1% | −0.1% | 50% | +42.2% | −20.5% |
| November | +0.1% | −5.9% | 42% | +37.7% | −22.7% |
| December | −4.4% | −5.0% | 25% | +6.1% | −14.8% |
| Year | Return |
|---|---|
| 2025 | +72.9% |
| 2024 | +9.4% |
| 2023 | −12.0% |
| 2022 | −25.8% |
| 2021 | −49.0% |
| 2020 | +9.7% |
| 2019 | +54.7% |
| 2018 | −20.5% |
| 2017 | +96.4% |
| 2016 | +8.0% |
| 2015 | −21.8% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.