Historical month-by-month and year-by-year returns
Based on 31 calendar years of monthly closes, starting 1996.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +0.1% | −0.2% | 50% | +5.9% | −4.8% |
| February | +0.5% | −0.1% | 50% | +8.6% | −6.3% |
| March | +0.6% | +0.3% | 53% | +7.4% | −6.6% |
| April | 0.0% | −0.4% | 47% | +4.3% | −8.4% |
| May | +0.3% | +0.3% | 53% | +6.9% | −7.3% |
| June | −0.4% | −0.2% | 50% | +4.6% | −5.3% |
| July | −0.9% | −1.0% | 40% | +4.1% | −5.0% |
| August | +0.2% | +0.2% | 57% | +5.1% | −4.6% |
| September | −0.2% | +0.5% | 55% | +7.3% | −15.1% |
| October | — | — | — | — | — |
| November | +0.8% | +0.2% | 53% | +8.8% | −6.1% |
| December | +0.1% | 0.0% | 50% | +7.7% | −7.7% |
| Year | Return |
|---|---|
| 2025 | −0.4% |
| 2024 | +11.3% |
| 2023 | +7.6% |
| 2022 | +13.9% |
| 2021 | +11.6% |
| 2020 | −5.3% |
| 2019 | −1.3% |
| 2018 | −2.1% |
| 2017 | −3.6% |
| 2016 | −3.0% |
| 2015 | +0.8% |
| 2014 | +13.8% |
| 2013 | +22.1% |
| 2012 | +10.7% |
| 2011 | −4.7% |
| 2010 | −12.3% |
| 2009 | +2.5% |
| 2008 | −18.8% |
| 2007 | −6.2% |
| 2006 | +0.8% |
| 2005 | +15.2% |
| 2004 | −4.6% |
| 2003 | −9.5% |
| 2002 | −9.9% |
| 2001 | +14.9% |
| 2000 | +12.2% |
| 1999 | −9.9% |
| 1998 | −13.1% |
| 1997 | +12.6% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.