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 | +16.9% | +5.9% | 56% | +91.9% | −23.4% |
| February | +14.0% | +16.2% | 56% | +57.2% | −33.0% |
| March | −5.8% | +5.2% | 56% | +44.8% | −62.4% |
| April | +17.0% | +2.8% | 67% | +91.0% | −37.7% |
| May | −7.5% | −2.6% | 33% | +38.4% | −42.3% |
| June | −17.4% | −20.5% | 11% | +23.2% | −42.1% |
| July | +4.3% | −1.9% | 44% | +30.1% | −29.8% |
| August | 0.0% | −6.8% | 40% | +68.4% | −32.3% |
| September | −7.1% | −7.0% | 25% | +7.8% | −24.9% |
| October | +1.6% | −6.9% | 38% | +39.7% | −22.7% |
| November | +0.2% | −13.0% | 38% | +68.1% | −49.6% |
| December | +5.2% | −12.3% | 22% | +130.5% | −31.5% |
| Year | Return |
|---|---|
| 2025 | −74.1% |
| 2024 | −2.9% |
| 2023 | +127.3% |
| 2022 | −76.2% |
| 2021 | +79.8% |
| 2020 | +64.8% |
| 2019 | +15.3% |
| 2018 | −90.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.