Historical month-by-month and year-by-year returns
Based on 25 calendar years of monthly closes, starting 2002.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +14.7% | +13.3% | 71% | +78.5% | −29.1% |
| February | +3.9% | +1.5% | 67% | +29.6% | −9.0% |
| March | +2.8% | +1.6% | 67% | +18.9% | −21.0% |
| April | −0.2% | +0.3% | 50% | +34.1% | −49.2% |
| May | +6.0% | +5.7% | 58% | +29.8% | −20.8% |
| June | +1.1% | +5.1% | 56% | +14.8% | −17.0% |
| July | −0.8% | −0.3% | 44% | +28.6% | −43.1% |
| August | +3.9% | +2.9% | 58% | +27.2% | −32.0% |
| September | −0.1% | +1.1% | 63% | +29.2% | −51.8% |
| October | +6.5% | +6.8% | 67% | +70.7% | −38.6% |
| November | +2.7% | +3.7% | 58% | +21.0% | −21.4% |
| December | +1.7% | +1.1% | 58% | +30.1% | −14.7% |
| Year | Return |
|---|---|
| 2025 | +5.2% |
| 2024 | +83.1% |
| 2023 | +65.1% |
| 2022 | −51.1% |
| 2021 | +11.4% |
| 2020 | +67.1% |
| 2019 | +20.9% |
| 2018 | +39.4% |
| 2017 | +55.1% |
| 2016 | +8.2% |
| 2015 | +134.4% |
| 2014 | −7.2% |
| 2013 | +297.6% |
| 2012 | +33.6% |
| 2011 | −60.6% |
| 2010 | +218.9% |
| 2009 | +84.3% |
| 2008 | +12.3% |
| 2007 | +2.9% |
| 2006 | −4.4% |
| 2005 | +119.5% |
| 2004 | −54.9% |
| 2003 | +396.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.