Historical month-by-month and year-by-year returns
Based on 19 calendar years of monthly closes, starting 2008.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +1.6% | +0.3% | 50% | +23.0% | −5.6% |
| February | 0.0% | −2.0% | 44% | +14.8% | −14.6% |
| March | +3.3% | +2.8% | 72% | +20.4% | −13.0% |
| April | +2.8% | +1.7% | 72% | +22.5% | −7.3% |
| May | +1.4% | +1.7% | 67% | +15.7% | −7.1% |
| June | −0.2% | +0.5% | 53% | +9.0% | −16.7% |
| July | −2.0% | +0.4% | 63% | +16.1% | −80.3% |
| August | +0.3% | −1.3% | 35% | +19.5% | −10.9% |
| September | −1.1% | −0.2% | 50% | +8.7% | −12.3% |
| October | +0.8% | +0.2% | 50% | +13.1% | −13.5% |
| November | +0.5% | +1.2% | 61% | +13.2% | −29.5% |
| December | +1.3% | +0.8% | 61% | +8.4% | −7.8% |
| Year | Return |
|---|---|
| 2025 | −12.8% |
| 2024 | −3.6% |
| 2023 | −6.6% |
| 2022 | −3.3% |
| 2021 | +15.2% |
| 2020 | +10.5% |
| 2019 | +12.9% |
| 2018 | −73.6% |
| 2017 | +7.0% |
| 2016 | −2.7% |
| 2015 | +30.0% |
| 2014 | +47.1% |
| 2013 | +10.3% |
| 2012 | +11.9% |
| 2011 | +12.3% |
| 2010 | +24.2% |
| 2009 | +74.2% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.