Historical month-by-month and year-by-year returns
Based on 31 calendar years of monthly closes, starting 1996.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +0.4% | +0.4% | 53% | +16.3% | −10.1% |
| February | +1.4% | +2.8% | 67% | +10.9% | −14.2% |
| March | +2.1% | +1.6% | 57% | +26.4% | −11.4% |
| April | +1.4% | +1.1% | 57% | +9.1% | −8.5% |
| May | −0.4% | −0.3% | 43% | +13.7% | −8.9% |
| June | −0.2% | −0.9% | 39% | +13.0% | −13.6% |
| July | +1.0% | +0.1% | 52% | +10.1% | −10.4% |
| August | +1.2% | +1.7% | 59% | +11.4% | −14.3% |
| September | +0.5% | +0.3% | 50% | +12.6% | −7.3% |
| October | +1.6% | +1.2% | 57% | +12.6% | −12.6% |
| November | +2.7% | +3.0% | 77% | +13.4% | −10.8% |
| December | +0.7% | +0.9% | 63% | +8.3% | −8.1% |
| Year | Return |
|---|---|
| 2025 | +10.9% |
| 2024 | +27.1% |
| 2023 | +15.5% |
| 2022 | +3.3% |
| 2021 | +29.0% |
| 2020 | +2.4% |
| 2019 | +10.9% |
| 2018 | +3.0% |
| 2017 | +21.6% |
| 2016 | +23.4% |
| 2015 | −12.1% |
| 2014 | +26.6% |
| 2013 | +32.2% |
| 2012 | +17.6% |
| 2011 | −4.8% |
| 2010 | +21.9% |
| 2009 | +2.2% |
| 2008 | −32.1% |
| 2007 | +29.2% |
| 2006 | +24.9% |
| 2005 | 0.0% |
| 2004 | +4.3% |
| 2003 | +16.2% |
| 2002 | −4.0% |
| 2001 | +7.3% |
| 2000 | +28.6% |
| 1999 | −22.1% |
| 1998 | +52.7% |
| 1997 | +38.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.