Historical month-by-month and year-by-year returns
Based on 27 calendar years of monthly closes, starting 2000.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −0.8% | −1.0% | 45% | +33.5% | −42.2% |
| February | −4.6% | −7.0% | 32% | +44.5% | −40.2% |
| March | +2.4% | +6.6% | 59% | +37.8% | −37.5% |
| April | +2.0% | +6.7% | 68% | +28.4% | −36.4% |
| May | +2.6% | +2.3% | 55% | +29.9% | −22.2% |
| June | +0.7% | −0.7% | 41% | +34.3% | −25.1% |
| July | −1.8% | −4.4% | 27% | +51.7% | −24.5% |
| August | +1.8% | +0.8% | 58% | +46.2% | −26.3% |
| September | +6.1% | +1.7% | 59% | +62.6% | −25.9% |
| October | +9.8% | +5.8% | 68% | +46.7% | −12.3% |
| November | +5.2% | +1.1% | 61% | +57.4% | −17.9% |
| December | −8.0% | −10.7% | 32% | +48.6% | −36.3% |
| Year | Return |
|---|---|
| 2025 | +9.6% |
| 2024 | +33.8% |
| 2023 | −43.8% |
| 2022 | +20.0% |
| 2021 | +46.9% |
| 2020 | +11.3% |
| 2019 | −22.4% |
| 2018 | −0.4% |
| 2017 | −20.7% |
| 2016 | +59.3% |
| 2014 | −26.9% |
| 2013 | +18.0% |
| 2011 | −32.1% |
| 2010 | −20.9% |
| 2008 | −24.9% |
| 2007 | +18.8% |
| 2006 | −43.9% |
| 2005 | +82.6% |
| 2004 | −0.6% |
| 2003 | +47.4% |
| 2002 | +63.4% |
| 2001 | −73.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.