Historical month-by-month and year-by-year returns
Based on 29 calendar years of monthly closes, starting 1998.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −0.2% | +0.5% | 54% | +7.3% | −8.5% |
| February | −0.1% | +0.9% | 59% | +8.0% | −11.6% |
| March | +0.7% | +0.8% | 62% | +7.8% | −13.9% |
| April | +2.1% | +1.9% | 72% | +10.9% | −4.9% |
| May | +0.1% | +0.4% | 59% | +4.7% | −7.8% |
| June | −0.2% | +0.1% | 52% | +7.1% | −10.1% |
| July | +1.4% | +1.0% | 72% | +8.3% | −5.8% |
| August | −0.3% | +0.6% | 57% | +7.5% | −15.4% |
| September | −1.2% | −0.6% | 46% | +7.7% | −12.2% |
| October | +2.1% | +2.6% | 64% | +14.0% | −13.7% |
| November | +2.7% | +3.1% | 79% | +11.9% | −5.6% |
| December | +0.8% | +1.3% | 68% | +6.6% | −8.7% |
| Year | Return |
|---|---|
| 2025 | +12.9% |
| 2024 | +12.9% |
| 2023 | +13.7% |
| 2022 | −8.8% |
| 2021 | +18.8% |
| 2020 | +7.3% |
| 2019 | +22.3% |
| 2018 | −5.7% |
| 2017 | +25.2% |
| 2016 | +13.5% |
| 2015 | −2.2% |
| 2014 | +7.5% |
| 2013 | +26.7% |
| 2012 | +7.2% |
| 2011 | +5.4% |
| 2010 | +11.1% |
| 2009 | +18.9% |
| 2008 | −34.0% |
| 2007 | +6.5% |
| 2006 | +16.3% |
| 2005 | −0.5% |
| 2004 | +2.8% |
| 2003 | +25.2% |
| 2002 | −16.3% |
| 2001 | −6.5% |
| 2000 | −7.3% |
| 1999 | +25.8% |
| 1998 | +15.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.