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 | +3.6% | +3.1% | 61% | +31.8% | −10.8% |
| February | −0.9% | −0.4% | 42% | +14.5% | −21.7% |
| March | +0.4% | +0.7% | 56% | +15.6% | −14.8% |
| April | +1.2% | +0.1% | 51% | +19.7% | −19.5% |
| May | +0.4% | −0.5% | 46% | +28.9% | −9.5% |
| June | −0.2% | −1.3% | 42% | +13.8% | −10.5% |
| July | +1.4% | +1.6% | 58% | +17.2% | −20.5% |
| August | −0.3% | −0.5% | 48% | +17.6% | −15.0% |
| September | −0.5% | −0.1% | 48% | +15.9% | −22.6% |
| October | −0.1% | −0.5% | 48% | +35.4% | −23.7% |
| November | +2.4% | +1.9% | 63% | +23.5% | −12.2% |
| December | +0.6% | +2.1% | 55% | +14.1% | −26.2% |
| Year | Return |
|---|---|
| 2025 | +34.7% |
| 2024 | +34.4% |
| 2023 | +16.1% |
| 2022 | +5.4% |
| 2021 | +11.1% |
| 2020 | −6.1% |
| 2019 | +17.9% |
| 2018 | −25.9% |
| 2017 | −7.6% |
| 2016 | +20.6% |
| 2015 | −14.2% |
| 2014 | −14.5% |
| 2013 | −2.1% |
| 2012 | +4.2% |
| 2011 | +25.3% |
| 2010 | +12.1% |
| 2009 | +55.5% |
| 2008 | −22.1% |
| 2007 | +11.3% |
| 2006 | +18.2% |
| 2005 | −16.6% |
| 2004 | +6.4% |
| 2003 | +19.6% |
| 2002 | −35.9% |
| 2001 | +42.3% |
| 2000 | −21.2% |
| 1999 | +17.0% |
| 1998 | +76.2% |
| 1997 | +38.1% |
| 1996 | +65.8% |
| 1995 | +24.3% |
| 1994 | +30.1% |
| 1993 | +12.2% |
| 1992 | −43.4% |
| 1991 | −21.2% |
| 1990 | +20.1% |
| 1989 | −22.8% |
| 1988 | +5.5% |
| 1987 | −3.7% |
| 1986 | −22.8% |
| 1985 | +26.3% |
| 1984 | +0.9% |
| 1983 | +26.8% |
| 1982 | +69.2% |
| 1981 | −16.2% |
| 1980 | +5.4% |
| 1979 | −13.7% |
| 1978 | +9.1% |
| 1977 | −2.0% |
| 1976 | +24.5% |
| 1975 | +33.5% |
| 1974 | −31.9% |
| 1973 | −23.3% |
| 1972 | +19.5% |
| 1971 | +5.9% |
| 1970 | −5.2% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.