Historical month-by-month and year-by-year returns
Based on 11 calendar years of monthly closes, starting 2016.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −1.2% | −0.6% | 40% | +14.6% | −11.8% |
| February | +4.6% | +2.2% | 70% | +29.4% | −17.0% |
| March | +2.9% | −0.1% | 50% | +20.5% | −11.3% |
| April | +7.6% | +8.0% | 80% | +27.3% | −6.3% |
| May | +16.5% | +9.1% | 90% | +101.4% | −11.7% |
| June | +1.5% | +1.8% | 60% | +20.8% | −14.7% |
| July | +1.4% | +1.5% | 50% | +13.7% | −17.6% |
| August | +1.8% | +1.6% | 73% | +16.6% | −15.0% |
| September | +5.1% | +2.8% | 90% | +22.5% | −10.8% |
| October | +2.8% | +3.5% | 70% | +14.3% | −11.0% |
| November | +4.3% | +6.2% | 70% | +16.7% | −17.7% |
| December | −2.3% | +0.1% | 50% | +6.2% | −16.3% |
| Year | Return |
|---|---|
| 2025 | +9.2% |
| 2024 | +50.6% |
| 2023 | +90.2% |
| 2022 | −28.4% |
| 2021 | +51.2% |
| 2020 | +42.6% |
| 2019 | +5.2% |
| 2018 | +8.6% |
| 2017 | +47.9% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.