Historical month-by-month and year-by-year returns
Based on 12 calendar years of monthly closes, starting 2015.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −0.2% | +3.8% | 55% | +14.9% | −28.3% |
| February | +7.7% | +3.6% | 64% | +34.9% | −11.8% |
| March | −8.0% | −8.3% | 18% | +10.9% | −33.5% |
| April | +5.7% | +0.5% | 55% | +68.8% | −25.0% |
| May | +0.5% | −1.1% | 50% | +27.3% | −24.6% |
| June | +6.1% | +4.0% | 58% | +31.2% | −16.2% |
| July | +12.7% | +9.8% | 75% | +48.3% | −10.8% |
| August | −1.3% | +1.1% | 54% | +33.8% | −31.2% |
| September | +2.2% | +1.6% | 64% | +25.2% | −12.2% |
| October | −6.6% | −6.6% | 9% | +20.5% | −21.3% |
| November | +9.3% | +6.6% | 55% | +40.7% | −14.6% |
| December | −1.4% | −3.6% | 45% | +24.2% | −20.3% |
| Year | Return |
|---|---|
| 2025 | +4.8% |
| 2024 | −34.7% |
| 2023 | −32.3% |
| 2022 | −45.3% |
| 2021 | +23.1% |
| 2020 | +301.6% |
| 2019 | −6.9% |
| 2018 | +132.6% |
| 2017 | +73.6% |
| 2016 | +42.6% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.