Historical month-by-month and year-by-year returns
Based on 57 calendar years of monthly closes, starting 1970.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +2.4% | +0.9% | 54% | +34.2% | −25.1% |
| February | +0.5% | +0.3% | 53% | +18.5% | −29.8% |
| March | +0.9% | +1.3% | 54% | +18.8% | −27.0% |
| April | +1.4% | +1.0% | 54% | +25.1% | −18.5% |
| May | +0.9% | +0.5% | 58% | +22.0% | −13.3% |
| June | +0.6% | +1.4% | 54% | +16.0% | −18.7% |
| July | +0.8% | −0.4% | 46% | +16.1% | −12.7% |
| August | −1.0% | −0.7% | 43% | +16.2% | −21.1% |
| September | −0.5% | −1.4% | 41% | +18.1% | −18.2% |
| October | +0.6% | −0.5% | 48% | +25.7% | −23.5% |
| November | +2.4% | +2.7% | 63% | +37.2% | −25.7% |
| December | +2.6% | +2.7% | 59% | +18.9% | −10.2% |
| Year | Return |
|---|---|
| 2025 | +84.7% |
| 2024 | +63.7% |
| 2023 | +95.1% |
| 2022 | −11.3% |
| 2021 | +9.3% |
| 2020 | −3.2% |
| 2019 | +53.3% |
| 2018 | −56.6% |
| 2017 | −44.8% |
| 2016 | +1.4% |
| 2015 | +23.3% |
| 2014 | −9.8% |
| 2013 | +33.5% |
| 2012 | +17.2% |
| 2011 | −2.1% |
| 2010 | +20.9% |
| 2009 | −6.6% |
| 2008 | −56.3% |
| 2007 | −0.4% |
| 2006 | +6.2% |
| 2005 | −4.0% |
| 2004 | +17.8% |
| 2003 | +27.2% |
| 2002 | −39.2% |
| 2001 | −16.4% |
| 2000 | −7.1% |
| 1999 | +51.7% |
| 1998 | +39.0% |
| 1997 | +48.4% |
| 1996 | +37.3% |
| 1995 | +41.2% |
| 1994 | −2.7% |
| 1993 | +22.7% |
| 1992 | +11.8% |
| 1991 | +33.3% |
| 1990 | −11.0% |
| 1989 | +44.1% |
| 1988 | +1.4% |
| 1987 | +2.6% |
| 1986 | +18.2% |
| 1985 | +28.5% |
| 1984 | −3.4% |
| 1983 | +23.6% |
| 1982 | +65.4% |
| 1981 | −6.3% |
| 1980 | +21.0% |
| 1979 | +7.4% |
| 1978 | −5.5% |
| 1977 | −10.3% |
| 1976 | +20.6% |
| 1975 | +38.2% |
| 1974 | −47.0% |
| 1973 | −13.6% |
| 1972 | +16.4% |
| 1971 | +33.4% |
| 1970 | +29.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.