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 | +10.1% | +10.0% | 68% | +54.3% | −22.1% |
| February | +5.7% | +5.3% | 62% | +56.5% | −51.6% |
| March | +2.1% | +1.1% | 52% | +31.3% | −20.6% |
| April | +2.3% | +0.9% | 50% | +53.1% | −28.0% |
| May | +6.5% | +6.1% | 67% | +87.8% | −24.1% |
| June | −0.8% | +1.4% | 52% | +30.5% | −32.5% |
| July | +0.8% | −1.7% | 43% | +52.2% | −28.7% |
| August | +0.3% | 0.0% | 44% | +26.6% | −31.7% |
| September | −0.3% | −2.7% | 49% | +40.6% | −49.9% |
| October | −0.6% | −2.3% | 46% | +33.7% | −36.1% |
| November | +2.6% | −0.1% | 49% | +97.2% | −41.8% |
| December | +3.7% | +3.1% | 61% | +78.8% | −38.4% |
| Year | Return |
|---|---|
| 2025 | +239.1% |
| 2024 | −1.4% |
| 2023 | +70.7% |
| 2022 | −46.3% |
| 2021 | +23.9% |
| 2020 | +39.8% |
| 2019 | +69.5% |
| 2018 | −22.8% |
| 2017 | +87.6% |
| 2016 | +54.8% |
| 2015 | −59.6% |
| 2014 | +61.0% |
| 2013 | +243.1% |
| 2012 | +0.8% |
| 2011 | −21.6% |
| 2010 | −24.1% |
| 2009 | +300.0% |
| 2008 | −63.6% |
| 2007 | −48.1% |
| 2006 | +4.9% |
| 2005 | +7.8% |
| 2004 | −8.3% |
| 2003 | +38.3% |
| 2002 | −68.6% |
| 2001 | −12.7% |
| 2000 | −9.1% |
| 1999 | +54.5% |
| 1998 | +94.9% |
| 1997 | −10.9% |
| 1996 | −26.5% |
| 1995 | +79.6% |
| 1994 | +137.2% |
| 1993 | +146.4% |
| 1992 | +33.6% |
| 1991 | +39.5% |
| 1990 | +3.8% |
| 1989 | −38.1% |
| 1988 | +6.8% |
| 1987 | +227.8% |
| 1986 | −47.1% |
| 1985 | −64.6% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.