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 | +3.1% | +4.5% | 57% | +49.6% | −29.9% |
| February | +1.3% | +0.7% | 50% | +20.3% | −22.4% |
| March | +3.1% | +0.5% | 57% | +23.3% | −13.2% |
| April | +5.2% | +1.7% | 57% | +51.6% | −14.9% |
| May | +1.0% | +1.4% | 54% | +19.9% | −21.4% |
| June | −0.4% | −1.0% | 46% | +15.3% | −14.6% |
| July | +2.3% | +2.2% | 61% | +33.1% | −35.5% |
| August | +3.1% | +1.1% | 55% | +28.5% | −10.1% |
| September | 0.0% | +1.8% | 56% | +14.4% | −18.6% |
| October | +1.3% | −4.0% | 39% | +84.5% | −31.8% |
| November | +7.4% | +3.7% | 64% | +137.7% | −33.4% |
| December | +0.3% | −1.2% | 43% | +22.1% | −24.2% |
| Year | Return |
|---|---|
| 2025 | +40.6% |
| 2024 | +42.0% |
| 2023 | +5.2% |
| 2022 | −37.6% |
| 2021 | +32.3% |
| 2020 | +39.2% |
| 2019 | +28.6% |
| 2018 | −25.6% |
| 2017 | +27.1% |
| 2016 | +8.0% |
| 2015 | +16.3% |
| 2014 | +2.3% |
| 2013 | +7.6% |
| 2012 | +68.2% |
| 2011 | +9.0% |
| 2010 | +18.3% |
| 2009 | +68.6% |
| 2008 | −57.9% |
| 2007 | +10.4% |
| 2006 | −30.4% |
| 2005 | −25.7% |
| 2004 | +80.1% |
| 2003 | +90.5% |
| 2002 | +1.4% |
| 2001 | +102.7% |
| 2000 | −47.3% |
| 1999 | +55.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.