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 | +1.7% | +0.8% | 52% | +23.3% | −11.9% |
| February | −0.7% | +0.1% | 56% | +17.8% | −19.3% |
| March | +0.2% | −1.6% | 41% | +16.4% | −23.0% |
| April | +1.5% | +2.1% | 56% | +21.2% | −14.9% |
| May | −0.4% | −0.6% | 44% | +12.5% | −21.1% |
| June | +1.0% | −0.1% | 50% | +28.8% | −9.8% |
| July | +3.2% | +3.6% | 75% | +14.9% | −13.1% |
| August | −0.3% | +0.2% | 52% | +31.2% | −13.9% |
| September | −1.1% | −1.3% | 48% | +23.1% | −21.9% |
| October | +4.3% | +5.5% | 78% | +17.6% | −27.7% |
| November | +2.3% | +2.3% | 63% | +23.0% | −17.7% |
| December | +3.1% | +2.9% | 63% | +30.2% | −13.7% |
| Year | Return |
|---|---|
| 2025 | +53.5% |
| 2024 | +48.4% |
| 2023 | +12.3% |
| 2022 | −10.2% |
| 2021 | +45.1% |
| 2020 | +14.7% |
| 2019 | +37.6% |
| 2018 | −34.4% |
| 2017 | +6.4% |
| 2016 | +32.9% |
| 2015 | −7.0% |
| 2014 | +9.3% |
| 2013 | +39.0% |
| 2012 | +41.1% |
| 2011 | −46.2% |
| 2010 | −0.4% |
| 2009 | +100.1% |
| 2008 | −60.8% |
| 2007 | +7.9% |
| 2006 | +56.1% |
| 2005 | +22.8% |
| 2004 | +5.4% |
| 2003 | +45.0% |
| 2002 | −26.6% |
| 2001 | −13.3% |
| 2000 | +13.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.