Historical month-by-month and year-by-year returns
Based on 10 calendar years of monthly closes, starting 2017.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +14.7% | −10.5% | 44% | +182.6% | −33.7% |
| February | +7.5% | +6.2% | 56% | +91.4% | −26.2% |
| March | −1.1% | −0.6% | 44% | +29.7% | −47.7% |
| April | +6.9% | +5.2% | 67% | +54.6% | −33.0% |
| May | −6.4% | −6.8% | 33% | +47.8% | −38.0% |
| June | −17.2% | −17.9% | 0% | −5.3% | −34.5% |
| July | +0.6% | +2.6% | 56% | +21.1% | −30.2% |
| August | +0.1% | −10.9% | 44% | +36.3% | −26.6% |
| September | −4.9% | −5.1% | 33% | +18.1% | −25.9% |
| October | +16.6% | +1.6% | 75% | +136.3% | −19.1% |
| November | +9.5% | +1.8% | 63% | +78.0% | −39.5% |
| December | −7.5% | −11.8% | 22% | +33.6% | −25.4% |
| Year | Return |
|---|---|
| 2025 | +9.9% |
| 2024 | +19.5% |
| 2023 | −24.6% |
| 2022 | −68.6% |
| 2021 | +34.5% |
| 2020 | +141.8% |
| 2019 | −47.9% |
| 2018 | −92.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.