Historical month-by-month and year-by-year returns
Based on 10 calendar years of monthly closes, starting 2017.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +24.5% | +24.8% | 78% | +100.5% | −18.2% |
| February | +4.0% | +6.7% | 67% | +45.5% | −41.1% |
| March | −6.4% | −0.7% | 44% | +19.0% | −57.6% |
| April | +13.0% | +3.7% | 56% | +94.4% | −35.0% |
| May | +8.2% | −2.2% | 44% | +115.9% | −36.7% |
| June | +11.8% | −17.7% | 22% | +237.4% | −39.2% |
| July | +17.0% | +19.6% | 78% | +70.1% | −36.3% |
| August | +15.6% | +11.6% | 56% | +102.1% | −22.1% |
| September | +0.5% | −0.1% | 44% | +39.2% | −37.3% |
| October | +20.8% | +19.5% | 75% | +55.3% | −19.2% |
| November | +2.9% | −8.9% | 38% | +66.5% | −36.3% |
| December | +17.1% | −10.2% | 33% | +252.9% | −27.5% |
| Year | Return |
|---|---|
| 2025 | −39.1% |
| 2024 | +33.8% |
| 2023 | +168.4% |
| 2022 | −71.6% |
| 2021 | +73.8% |
| 2020 | +536.9% |
| 2019 | +511.3% |
| 2018 | −51.9% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.