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 | +7.2% | +1.7% | 56% | +32.7% | −26.7% |
| February | +49.0% | +5.4% | 56% | +373.3% | −20.9% |
| March | +16.7% | +5.9% | 78% | +67.9% | −35.8% |
| April | +20.8% | +6.5% | 56% | +106.6% | −11.9% |
| May | +0.8% | 0.0% | 56% | +48.0% | −43.2% |
| June | −11.1% | −9.5% | 11% | +3.3% | −31.6% |
| July | +8.7% | +7.5% | 67% | +34.1% | −14.8% |
| August | +1.8% | −1.5% | 44% | +39.2% | −23.1% |
| September | 0.0% | +0.2% | 56% | +26.3% | −25.4% |
| October | +10.2% | +6.7% | 75% | +35.5% | −6.5% |
| November | −6.4% | −3.6% | 50% | +18.7% | −45.8% |
| December | +40.8% | +7.1% | 56% | +332.4% | −18.1% |
| Year | Return |
|---|---|
| 2025 | +23.1% |
| 2024 | +124.4% |
| 2023 | +26.8% |
| 2022 | −51.9% |
| 2021 | +1269.1% |
| 2020 | +172.3% |
| 2019 | +122.7% |
| 2018 | −28.6% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.