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 | −0.3% | −0.7% | 45% | +18.0% | −12.2% |
| February | +1.1% | −0.4% | 36% | +18.0% | −8.2% |
| March | +2.0% | +3.9% | 64% | +33.6% | −24.1% |
| April | +0.7% | +1.8% | 55% | +20.8% | −10.1% |
| May | +4.2% | +1.0% | 64% | +49.6% | −13.2% |
| June | +2.6% | +0.2% | 55% | +19.9% | −15.0% |
| July | +3.2% | +3.5% | 73% | +15.1% | −6.0% |
| August | +1.9% | +1.4% | 58% | +9.2% | −4.5% |
| September | +1.3% | +3.6% | 60% | +9.8% | −11.9% |
| October | −0.8% | −3.0% | 30% | +19.1% | −11.5% |
| November | +4.9% | +1.0% | 64% | +27.8% | −10.4% |
| December | +1.3% | +0.6% | 73% | +9.9% | −11.9% |
| Year | Return |
|---|---|
| 2025 | +12.5% |
| 2024 | +25.7% |
| 2023 | +6.4% |
| 2022 | +1.2% |
| 2021 | +33.1% |
| 2020 | −25.3% |
| 2019 | +20.1% |
| 2018 | −8.0% |
| 2017 | +6.8% |
| 2016 | +52.2% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.