Historical month-by-month and year-by-year returns
Based on 20 calendar years of monthly closes, starting 2007.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +10.2% | +6.2% | 63% | +50.0% | −36.0% |
| February | +6.5% | +2.2% | 55% | +63.6% | −32.4% |
| March | +10.0% | +2.0% | 55% | +133.3% | −61.0% |
| April | +2.4% | −2.3% | 40% | +97.6% | −32.5% |
| May | +9.7% | +2.3% | 55% | +84.7% | −29.2% |
| June | +8.5% | +4.8% | 60% | +44.4% | −28.6% |
| July | +6.9% | −2.8% | 30% | +142.1% | −34.4% |
| August | +4.5% | +4.3% | 57% | +50.0% | −31.0% |
| September | −8.9% | −11.8% | 26% | +22.1% | −48.6% |
| October | −1.4% | −3.8% | 37% | +50.0% | −23.1% |
| November | −8.3% | −7.4% | 26% | +60.4% | −59.6% |
| December | −0.3% | 0.0% | 47% | +56.0% | −43.2% |
| Year | Return |
|---|---|
| 2025 | +73.7% |
| 2024 | −51.7% |
| 2023 | +57.2% |
| 2022 | +39.5% |
| 2021 | +48.2% |
| 2020 | +941.6% |
| 2019 | +39.2% |
| 2018 | −33.9% |
| 2017 | +114.3% |
| 2016 | +26.3% |
| 2015 | +288.0% |
| 2014 | +47.1% |
| 2013 | +70.0% |
| 2012 | −4.8% |
| 2011 | −50.0% |
| 2010 | −91.7% |
| 2009 | +532.5% |
| 2008 | −75.0% |
| 2007 | −94.3% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.