Historical month-by-month and year-by-year returns
Based on 37 calendar years of monthly closes, starting 1990.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +3.3% | +2.2% | 61% | +30.4% | −12.4% |
| February | −0.5% | +0.9% | 56% | +20.7% | −36.7% |
| March | +1.1% | +1.1% | 54% | +18.6% | −33.2% |
| April | +1.1% | +2.2% | 59% | +22.1% | −13.5% |
| May | +4.0% | +4.2% | 65% | +31.6% | −19.0% |
| June | +1.2% | +0.8% | 57% | +21.7% | −12.9% |
| July | +2.5% | +1.5% | 65% | +28.7% | −11.7% |
| August | +0.8% | −0.2% | 50% | +23.0% | −15.5% |
| September | −0.5% | +1.0% | 61% | +17.7% | −25.4% |
| October | +4.6% | +2.9% | 61% | +38.9% | −21.2% |
| November | +6.1% | +6.1% | 69% | +33.9% | −16.2% |
| December | +2.6% | +1.9% | 61% | +33.8% | −20.1% |
| Year | Return |
|---|---|
| 2025 | +30.1% |
| 2024 | +17.2% |
| 2023 | +6.0% |
| 2022 | −24.8% |
| 2021 | +41.6% |
| 2020 | −6.7% |
| 2019 | +10.7% |
| 2018 | +13.1% |
| 2017 | +26.7% |
| 2016 | +11.3% |
| 2015 | −2.4% |
| 2014 | +24.0% |
| 2013 | +14.1% |
| 2012 | +8.7% |
| 2011 | −10.6% |
| 2010 | −15.5% |
| 2009 | +46.9% |
| 2008 | −39.8% |
| 2007 | −1.0% |
| 2006 | +59.6% |
| 2005 | −11.4% |
| 2004 | −20.3% |
| 2003 | +85.0% |
| 2002 | −27.7% |
| 2001 | −52.7% |
| 2000 | −28.6% |
| 1999 | +130.8% |
| 1998 | +149.7% |
| 1997 | +31.4% |
| 1996 | +70.5% |
| 1995 | +112.5% |
| 1994 | +8.7% |
| 1993 | +64.4% |
| 1992 | +137.4% |
| 1991 | +195.3% |
| 1990 | +93.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.