Historical month-by-month and year-by-year returns
Based on 34 calendar years of monthly closes, starting 1993.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −1.8% | −2.9% | 39% | +25.5% | −24.7% |
| February | +0.7% | +2.0% | 61% | +24.4% | −22.6% |
| March | −0.8% | +1.7% | 67% | +18.5% | −32.6% |
| April | −1.1% | −0.7% | 44% | +17.3% | −33.9% |
| May | +2.8% | +1.5% | 56% | +22.6% | −14.7% |
| June | +3.7% | +3.9% | 62% | +29.3% | −21.3% |
| July | +0.2% | +0.9% | 50% | +21.1% | −25.9% |
| August | +4.0% | +3.7% | 69% | +76.1% | −31.3% |
| September | +2.3% | +2.3% | 61% | +36.2% | −13.7% |
| October | +5.9% | +2.5% | 64% | +61.3% | −20.7% |
| November | +4.6% | +2.8% | 67% | +71.7% | −25.8% |
| December | +2.4% | +0.4% | 52% | +36.6% | −13.4% |
| Year | Return |
|---|---|
| 2025 | +5.4% |
| 2024 | +0.6% |
| 2023 | +60.6% |
| 2022 | −39.5% |
| 2021 | +69.3% |
| 2020 | +45.0% |
| 2019 | +33.1% |
| 2018 | +24.8% |
| 2017 | +37.7% |
| 2016 | +18.8% |
| 2015 | +4.7% |
| 2014 | +20.8% |
| 2013 | +28.3% |
| 2012 | +13.1% |
| 2011 | +6.7% |
| 2010 | +60.4% |
| 2009 | +29.2% |
| 2008 | −24.7% |
| 2007 | +3.6% |
| 2006 | +14.5% |
| 2005 | +21.1% |
| 2004 | −16.7% |
| 2003 | +12.7% |
| 2002 | +9.7% |
| 2001 | +8.5% |
| 2000 | −34.2% |
| 1999 | +148.0% |
| 1998 | +75.8% |
| 1997 | +31.0% |
| 1996 | −59.6% |
| 1995 | +133.7% |
| 1994 | +56.6% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.