Historical month-by-month and year-by-year returns
Based on 28 calendar years of monthly closes, starting 1999.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +3.4% | −1.5% | 41% | +57.6% | −27.7% |
| February | +7.3% | +4.5% | 68% | +72.7% | −22.4% |
| March | +4.7% | +1.5% | 54% | +45.3% | −18.5% |
| April | +0.4% | +1.4% | 57% | +28.3% | −32.0% |
| May | +10.8% | +5.6% | 71% | +82.6% | −25.2% |
| June | −1.1% | −0.6% | 50% | +23.1% | −48.7% |
| July | −1.4% | +0.8% | 54% | +21.5% | −38.9% |
| August | +7.4% | +5.6% | 76% | +39.8% | −19.2% |
| September | −1.8% | +1.6% | 59% | +25.2% | −35.1% |
| October | +5.5% | +5.9% | 59% | +56.0% | −25.0% |
| November | +9.7% | +7.7% | 74% | +56.5% | −34.8% |
| December | +3.3% | +2.7% | 63% | +43.0% | −32.8% |
| Year | Return |
|---|---|
| 2025 | +38.9% |
| 2024 | +171.2% |
| 2023 | +238.9% |
| 2022 | −50.3% |
| 2021 | +125.3% |
| 2020 | +121.9% |
| 2019 | +76.3% |
| 2018 | −31.0% |
| 2017 | +81.3% |
| 2016 | +223.8% |
| 2015 | +64.4% |
| 2014 | +25.2% |
| 2013 | +30.7% |
| 2012 | −11.5% |
| 2011 | −10.0% |
| 2010 | −17.6% |
| 2009 | +131.5% |
| 2008 | −76.3% |
| 2007 | +37.9% |
| 2006 | +102.5% |
| 2005 | +55.2% |
| 2004 | +1.6% |
| 2003 | +101.6% |
| 2002 | −82.8% |
| 2001 | +308.4% |
| 2000 | +39.6% |
| 1999 | +147.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.