Historical month-by-month and year-by-year returns
Based on 28 calendar years of monthly closes, starting 1999.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +3.7% | −1.2% | 44% | +102.4% | −18.7% |
| February | +5.6% | +5.9% | 70% | +26.5% | −36.5% |
| March | +5.3% | +2.8% | 70% | +43.0% | −20.7% |
| April | +9.9% | +4.4% | 71% | +95.9% | −20.9% |
| May | +1.3% | +0.5% | 50% | +84.7% | −39.7% |
| June | +0.6% | −0.5% | 43% | +67.6% | −30.8% |
| July | +0.7% | +2.0% | 57% | +47.1% | −37.8% |
| August | +3.5% | +4.2% | 62% | +30.1% | −37.8% |
| September | −6.3% | −0.9% | 41% | +19.5% | −56.3% |
| October | +1.5% | +2.0% | 56% | +51.4% | −51.6% |
| November | +2.0% | +2.0% | 56% | +35.7% | −56.5% |
| December | −0.4% | −1.2% | 44% | +38.6% | −47.5% |
| Year | Return |
|---|---|
| 2025 | +7.8% |
| 2024 | +40.1% |
| 2023 | +76.0% |
| 2022 | −16.0% |
| 2021 | +7.7% |
| 2020 | +8.4% |
| 2019 | +19.2% |
| 2018 | −0.9% |
| 2017 | +18.5% |
| 2016 | +15.0% |
| 2015 | +11.8% |
| 2014 | −1.9% |
| 2013 | +87.4% |
| 2012 | +32.6% |
| 2011 | +17.1% |
| 2010 | +82.9% |
| 2009 | +196.6% |
| 2008 | −35.9% |
| 2007 | +163.4% |
| 2006 | +95.4% |
| 2005 | −5.4% |
| 2004 | +31.8% |
| 2003 | +86.5% |
| 2002 | −72.5% |
| 2001 | +343.4% |
| 2000 | −97.2% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.