Historical month-by-month and year-by-year returns
Based on 26 calendar years of monthly closes, starting 2001.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −0.5% | −0.2% | 24% | +1.9% | −2.8% |
| February | +0.1% | 0.0% | 40% | +2.9% | −1.5% |
| March | 0.0% | 0.0% | 44% | +4.1% | −1.5% |
| April | +0.2% | 0.0% | 50% | +2.5% | −1.6% |
| May | +0.1% | 0.0% | 50% | +3.3% | −1.3% |
| June | −0.2% | −0.1% | 38% | +2.8% | −2.1% |
| July | +0.1% | 0.0% | 44% | +3.8% | −2.1% |
| August | −0.1% | −0.1% | 36% | +3.1% | −1.7% |
| September | 0.0% | −0.1% | 33% | +1.8% | −1.5% |
| October | — | — | — | — | — |
| November | −0.2% | −0.2% | 33% | +1.8% | −3.2% |
| December | −0.4% | −0.1% | 24% | +1.5% | −3.7% |
| Year | Return |
|---|---|
| 2025 | −4.1% |
| 2024 | +3.2% |
| 2023 | +2.5% |
| 2022 | +8.2% |
| 2021 | −2.3% |
| 2020 | −6.6% |
| 2019 | +1.6% |
| 2018 | +5.7% |
| 2017 | −6.3% |
| 2016 | +7.1% |
| 2015 | +4.7% |
| 2014 | +2.3% |
| 2013 | −2.9% |
| 2012 | −1.2% |
| 2011 | −4.6% |
| 2010 | −3.2% |
| 2009 | +0.3% |
| 2008 | −6.6% |
| 2007 | −6.5% |
| 2006 | −3.4% |
| 2005 | −2.4% |
| 2004 | 0.0% |
| 2002 | 0.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.