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 | +14.7% | 0.0% | 56% | +78.2% | −27.0% |
| February | +4.3% | +7.7% | 67% | +46.4% | −32.1% |
| March | −3.4% | +7.1% | 67% | +35.5% | −53.6% |
| April | +17.5% | +7.2% | 67% | +69.0% | −17.4% |
| May | +9.6% | −0.1% | 44% | +65.3% | −28.9% |
| June | −11.7% | −8.7% | 22% | +8.4% | −45.1% |
| July | +16.6% | +11.5% | 56% | +57.5% | −24.8% |
| August | +1.6% | −3.0% | 50% | +35.4% | −34.8% |
| September | −7.3% | −9.1% | 38% | +4.3% | −17.7% |
| October | +6.7% | +4.8% | 63% | +42.9% | −15.2% |
| November | +3.5% | −4.5% | 50% | +59.0% | −42.7% |
| December | +7.1% | −0.8% | 44% | +69.2% | −20.5% |
| Year | Return |
|---|---|
| 2025 | −11.0% |
| 2024 | +46.1% |
| 2023 | +90.6% |
| 2022 | −67.5% |
| 2021 | +399.1% |
| 2020 | +469.2% |
| 2019 | −2.8% |
| 2018 | −82.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.