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% | +5.5% | 64% | +24.6% | −9.4% |
| February | +3.4% | +5.2% | 73% | +17.8% | −13.2% |
| March | +3.3% | +5.1% | 64% | +20.0% | −15.2% |
| April | +3.2% | +4.2% | 64% | +61.1% | −57.9% |
| May | +3.6% | +0.2% | 50% | +88.4% | −16.9% |
| June | +2.0% | +4.4% | 68% | +13.6% | −20.4% |
| July | +2.4% | +0.6% | 68% | +21.8% | −20.8% |
| August | +0.4% | +1.5% | 54% | +13.8% | −9.2% |
| September | −2.1% | −4.2% | 41% | +13.3% | −13.9% |
| October | −2.2% | −2.5% | 36% | +17.7% | −32.6% |
| November | −4.0% | −3.8% | 39% | +11.1% | −22.0% |
| December | −0.6% | +0.8% | 50% | +35.6% | −20.7% |
| Year | Return |
|---|---|
| 2025 | −15.6% |
| 2024 | −5.1% |
| 2023 | −10.7% |
| 2022 | +6.7% |
| 2021 | +55.0% |
| 2020 | −12.1% |
| 2019 | +21.5% |
| 2018 | −24.8% |
| 2017 | +12.5% |
| 2016 | +45.0% |
| 2014 | −42.5% |
| 2013 | +1.0% |
| 2011 | +8.2% |
| 2010 | +15.1% |
| 2008 | −53.5% |
| 2007 | +57.2% |
| 2006 | 0.0% |
| 2005 | +40.5% |
| 2004 | +33.6% |
| 2003 | +20.9% |
| 2002 | +35.5% |
| 2001 | −26.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.