Historical month-by-month and year-by-year returns
Based on 25 calendar years of monthly closes, starting 2002.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +62.0% | −7.0% | 29% | +1625.1% | −36.8% |
| February | −1.7% | 0.0% | 50% | +23.5% | −68.7% |
| March | +9.3% | +5.8% | 64% | +86.6% | −19.6% |
| April | +4.2% | +1.8% | 64% | +63.7% | −24.9% |
| May | +3.9% | −3.3% | 40% | +108.7% | −29.1% |
| June | −2.2% | −2.2% | 40% | +26.7% | −27.8% |
| July | −2.1% | −0.5% | 48% | +16.7% | −26.5% |
| August | +4.8% | +1.8% | 58% | +66.6% | −17.7% |
| September | +4.5% | −1.4% | 46% | +52.7% | −22.0% |
| October | −0.1% | +3.2% | 54% | +12.7% | −19.9% |
| November | +2.4% | +0.8% | 58% | +58.2% | −24.0% |
| December | −4.4% | −4.2% | 38% | +20.5% | −47.3% |
| Year | Return |
|---|---|
| 2025 | −35.9% |
| 2024 | +78.8% |
| 2023 | −5.0% |
| 2022 | −50.2% |
| 2021 | +687.6% |
| 2020 | +209.9% |
| 2019 | −51.8% |
| 2018 | −29.7% |
| 2017 | −28.9% |
| 2016 | −9.9% |
| 2015 | −17.0% |
| 2014 | −31.4% |
| 2013 | +96.3% |
| 2012 | +4.0% |
| 2011 | +5.5% |
| 2010 | +4.3% |
| 2009 | +1.3% |
| 2008 | −65.1% |
| 2007 | +125.4% |
| 2006 | +73.2% |
| 2005 | +42.3% |
| 2004 | +45.1% |
| 2003 | +57.2% |
| 2002 | −48.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.