Historical month-by-month and year-by-year returns
Based on 29 calendar years of monthly closes, starting 1998.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +11.9% | +6.3% | 68% | +77.8% | −32.4% |
| February | +0.5% | −3.5% | 46% | +104.1% | −46.7% |
| March | −0.9% | −0.3% | 50% | +66.6% | −67.9% |
| April | −1.9% | −0.2% | 46% | +57.9% | −70.3% |
| May | −0.2% | −2.2% | 43% | +44.9% | −28.9% |
| June | −0.8% | −2.0% | 43% | +57.4% | −59.3% |
| July | +6.9% | +1.9% | 55% | +74.1% | −29.8% |
| August | +1.1% | −2.7% | 43% | +67.3% | −23.8% |
| September | +1.9% | −0.3% | 50% | +41.0% | −54.3% |
| October | +16.6% | +16.8% | 75% | +143.4% | −35.0% |
| November | +5.6% | +0.8% | 57% | +105.2% | −61.4% |
| December | +1.4% | −2.1% | 43% | +71.4% | −28.5% |
| Year | Return |
|---|---|
| 2025 | −47.5% |
| 2024 | +358.5% |
| 2023 | +346.2% |
| 2022 | −74.0% |
| 2021 | +40.1% |
| 2020 | +172.4% |
| 2019 | +11.6% |
| 2018 | −2.7% |
| 2017 | −33.5% |
| 2016 | +10.1% |
| 2015 | +10.4% |
| 2014 | +30.7% |
| 2013 | +33.0% |
| 2012 | −13.8% |
| 2011 | +26.7% |
| 2010 | −9.1% |
| 2009 | +153.2% |
| 2008 | −61.0% |
| 2007 | −16.6% |
| 2006 | +37.9% |
| 2005 | +37.2% |
| 2004 | +14.8% |
| 2003 | +247.5% |
| 2002 | −60.8% |
| 2001 | −59.5% |
| 2000 | −91.0% |
| 1999 | +566.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.