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 | +24.8% | +15.5% | 67% | +152.3% | −22.9% |
| February | +18.2% | +11.5% | 78% | +82.7% | −25.8% |
| March | −2.1% | +3.7% | 56% | +87.9% | −49.8% |
| April | +18.5% | +5.5% | 67% | +107.0% | −32.2% |
| May | +0.1% | −8.6% | 44% | +36.1% | −28.2% |
| June | −7.7% | −10.9% | 22% | +30.7% | −31.6% |
| July | +14.7% | +11.9% | 89% | +47.6% | −9.8% |
| August | −10.6% | −19.5% | 33% | +22.1% | −37.4% |
| September | −1.8% | −3.2% | 44% | +32.6% | −35.3% |
| October | +4.1% | +4.3% | 63% | +21.6% | −19.2% |
| November | +3.8% | +5.7% | 75% | +46.8% | −39.5% |
| December | +9.1% | −20.0% | 44% | +151.7% | −24.6% |
| Year | Return |
|---|---|
| 2025 | −9.6% |
| 2024 | −12.2% |
| 2023 | +232.6% |
| 2022 | −78.2% |
| 2021 | +298.2% |
| 2020 | +36.2% |
| 2019 | −5.1% |
| 2018 | −52.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.