Historical month-by-month and year-by-year returns
Based on 26 calendar years of monthly closes, starting 2001.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +1.5% | −0.4% | 48% | +15.4% | −12.2% |
| February | −0.4% | +0.3% | 56% | +9.2% | −18.2% |
| March | +2.1% | +4.1% | 72% | +18.4% | −37.0% |
| April | +4.0% | +1.9% | 68% | +28.6% | −16.4% |
| May | +2.4% | +3.1% | 72% | +12.2% | −8.7% |
| June | −0.6% | −0.6% | 48% | +9.3% | −14.6% |
| July | −1.5% | +0.6% | 52% | +10.1% | −27.2% |
| August | +0.7% | +0.5% | 54% | +12.6% | −11.2% |
| September | −1.1% | −1.1% | 38% | +14.1% | −11.4% |
| October | +0.7% | −0.1% | 50% | +20.4% | −22.0% |
| November | +4.9% | +5.3% | 72% | +26.0% | −8.8% |
| December | +2.7% | +3.6% | 64% | +18.3% | −9.5% |
| Year | Return |
|---|---|
| 2025 | −5.0% |
| 2024 | −21.8% |
| 2023 | −8.1% |
| 2022 | +10.7% |
| 2021 | +44.4% |
| 2020 | +6.3% |
| 2019 | +15.0% |
| 2018 | +16.7% |
| 2017 | +56.5% |
| 2016 | +3.1% |
| 2015 | +11.0% |
| 2014 | +36.0% |
| 2013 | +51.7% |
| 2012 | −8.0% |
| 2011 | +16.5% |
| 2010 | −2.5% |
| 2009 | +38.4% |
| 2008 | −52.0% |
| 2007 | +11.5% |
| 2006 | −1.4% |
| 2005 | +38.8% |
| 2004 | +53.3% |
| 2003 | +19.2% |
| 2002 | +27.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.