Historical month-by-month and year-by-year returns
Based on 28 calendar years of monthly closes, starting 1999.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −1.0% | −1.3% | 26% | +5.0% | −6.0% |
| February | +0.4% | +0.2% | 54% | +5.0% | −3.0% |
| March | −0.1% | −0.1% | 48% | +4.1% | −3.3% |
| April | −0.1% | −0.6% | 36% | +6.4% | −3.8% |
| May | +0.5% | +0.6% | 61% | +8.5% | −3.3% |
| June | −0.2% | −0.5% | 43% | +2.4% | −3.5% |
| July | +0.7% | +0.4% | 61% | +3.8% | −2.0% |
| August | +0.2% | +0.2% | 54% | +5.4% | −4.7% |
| September | −0.3% | +0.1% | 56% | +3.9% | −3.8% |
| October | — | — | — | — | — |
| November | 0.0% | +0.2% | 52% | +4.3% | −5.2% |
| December | +1.1% | +0.5% | 63% | +14.4% | −3.0% |
| Year | Return |
|---|---|
| 2025 | +5.2% |
| 2024 | −4.4% |
| 2023 | −2.5% |
| 2022 | +6.1% |
| 2021 | −7.1% |
| 2020 | +5.6% |
| 2019 | −5.2% |
| 2018 | +1.5% |
| 2017 | +4.2% |
| 2016 | +15.5% |
| 2015 | −5.5% |
| 2014 | −6.7% |
| 2013 | +2.3% |
| 2012 | −2.6% |
| 2011 | −2.4% |
| 2010 | −2.8% |
| 2009 | −6.2% |
| 2008 | +28.5% |
| 2007 | +9.2% |
| 2006 | −2.2% |
| 2005 | −2.5% |
| 2004 | +0.4% |
| 2003 | +7.9% |
| 2002 | +6.6% |
| 2001 | −2.8% |
| 2000 | +1.2% |
| 1999 | −9.9% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.