Historical month-by-month and year-by-year returns
Based on 27 calendar years of monthly closes, starting 2000.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +3.7% | +1.5% | 59% | +37.7% | −31.3% |
| February | +3.9% | +5.7% | 61% | +35.0% | −18.0% |
| March | +1.3% | +1.8% | 65% | +50.0% | −21.4% |
| April | +1.5% | +3.1% | 61% | +24.2% | −16.1% |
| May | −0.7% | +0.9% | 52% | +12.7% | −28.1% |
| June | +0.2% | −1.3% | 48% | +27.5% | −17.2% |
| July | +2.9% | +4.7% | 70% | +23.1% | −13.1% |
| August | +2.2% | +0.2% | 52% | +24.2% | −10.2% |
| September | −1.5% | −4.1% | 45% | +16.2% | −15.8% |
| October | −3.3% | −4.1% | 32% | +11.2% | −24.1% |
| November | +3.0% | +0.7% | 61% | +33.2% | −19.8% |
| December | +2.6% | +3.8% | 59% | +13.5% | −11.9% |
| Year | Return |
|---|---|
| 2025 | −34.2% |
| 2024 | +119.7% |
| 2023 | +61.4% |
| 2022 | +3.2% |
| 2021 | −3.2% |
| 2020 | −0.5% |
| 2019 | +8.3% |
| 2018 | +27.7% |
| 2017 | −11.0% |
| 2016 | −33.8% |
| 2014 | +4.3% |
| 2013 | +24.8% |
| 2011 | −30.5% |
| 2010 | −7.7% |
| 2008 | +31.0% |
| 2007 | +24.5% |
| 2006 | +8.7% |
| 2005 | −2.8% |
| 2004 | +2.1% |
| 2003 | −13.4% |
| 2002 | +33.6% |
| 2001 | +72.8% |
| 2000 | −4.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.