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 | +6.8% | +7.7% | 67% | +29.2% | −11.7% |
| February | +4.0% | 0.0% | 56% | +31.0% | −14.2% |
| March | +0.7% | −2.5% | 44% | +21.0% | −17.4% |
| April | +3.0% | +6.6% | 56% | +25.7% | −21.0% |
| May | +10.9% | +4.5% | 60% | +67.4% | −30.4% |
| June | −0.3% | +4.0% | 60% | +10.7% | −23.7% |
| July | +3.4% | +2.6% | 70% | +10.8% | −3.7% |
| August | +4.5% | +3.9% | 55% | +24.5% | −16.2% |
| September | −6.8% | −2.4% | 22% | +13.8% | −37.8% |
| October | −2.6% | −1.3% | 33% | +10.8% | −17.3% |
| November | +2.6% | +1.0% | 56% | +19.0% | −12.9% |
| December | +6.3% | +3.8% | 78% | +35.0% | −12.3% |
| Year | Return |
|---|---|
| 2025 | +9.7% |
| 2024 | −13.0% |
| 2023 | +32.5% |
| 2022 | −69.5% |
| 2021 | −11.8% |
| 2020 | +120.4% |
| 2019 | +80.8% |
| 2018 | +149.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.