Historical month-by-month and year-by-year returns
Based on 42 calendar years of monthly closes, starting 1985.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +1.3% | +1.2% | 56% | +22.6% | −12.4% |
| February | +1.9% | +2.5% | 67% | +18.7% | −16.5% |
| March | −1.9% | +0.4% | 52% | +17.3% | −69.6% |
| April | 0.0% | +2.0% | 67% | +10.1% | −26.6% |
| May | +3.1% | +2.5% | 64% | +34.3% | −13.4% |
| June | −0.6% | −0.2% | 48% | +10.4% | −23.7% |
| July | +1.7% | +1.4% | 60% | +14.3% | −12.8% |
| August | +2.5% | +3.0% | 67% | +19.8% | −14.2% |
| September | −1.9% | −1.4% | 44% | +11.9% | −22.4% |
| October | +1.9% | +2.9% | 66% | +24.4% | −22.9% |
| November | +2.2% | +3.9% | 66% | +18.6% | −16.2% |
| December | +1.4% | +1.9% | 56% | +18.5% | −12.4% |
| Year | Return |
|---|---|
| 2025 | +10.3% |
| 2024 | +29.6% |
| 2023 | −11.7% |
| 2022 | −3.5% |
| 2021 | +15.6% |
| 2020 | −17.9% |
| 2019 | +1.1% |
| 2018 | −30.8% |
| 2017 | +5.6% |
| 2016 | +16.2% |
| 2015 | +18.1% |
| 2014 | +28.3% |
| 2013 | +22.1% |
| 2012 | +6.0% |
| 2011 | +20.4% |
| 2010 | +25.4% |
| 2009 | +30.3% |
| 2008 | −80.1% |
| 2007 | −11.9% |
| 2006 | +14.9% |
| 2005 | +22.3% |
| 2004 | +12.3% |
| 2003 | +34.3% |
| 2002 | −11.6% |
| 2001 | +4.2% |
| 2000 | +91.3% |
| 1999 | −57.0% |
| 1998 | +18.2% |
| 1997 | +20.1% |
| 1996 | +25.2% |
| 1995 | +57.0% |
| 1994 | +3.4% |
| 1993 | −27.9% |
| 1992 | −3.9% |
| 1991 | +55.1% |
| 1990 | +24.3% |
| 1989 | +63.4% |
| 1988 | +19.3% |
| 1987 | +18.8% |
| 1986 | +62.7% |
| 1985 | +7.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.