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 | +20.0% | +7.2% | 67% | +151.3% | −24.6% |
| February | +2.6% | +8.2% | 56% | +39.1% | −34.5% |
| March | +1.6% | 0.0% | 56% | +57.0% | −57.4% |
| April | +20.6% | +2.0% | 56% | +158.3% | −45.2% |
| May | +13.2% | +2.6% | 56% | +93.1% | −29.4% |
| June | −11.1% | −15.7% | 22% | +16.4% | −37.2% |
| July | +15.8% | −4.2% | 44% | +144.4% | −21.6% |
| August | −3.6% | −10.8% | 44% | +24.3% | −21.2% |
| September | −10.9% | −11.4% | 22% | +5.8% | −26.5% |
| October | −3.6% | −3.5% | 38% | +15.6% | −20.8% |
| November | +0.3% | −12.1% | 38% | +76.1% | −48.8% |
| December | −7.5% | −15.5% | 33% | +17.5% | −29.5% |
| Year | Return |
|---|---|
| 2025 | −54.2% |
| 2024 | +14.2% |
| 2023 | +39.6% |
| 2022 | −54.0% |
| 2021 | +501.0% |
| 2020 | +26.3% |
| 2019 | −10.9% |
| 2018 | −82.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.