Historical month-by-month and year-by-year returns
Based on 15 calendar years of monthly closes, starting 2012.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +3.9% | +3.3% | 71% | +18.0% | −15.1% |
| February | +4.3% | +6.5% | 71% | +19.7% | −21.4% |
| March | −2.8% | −2.5% | 43% | +12.7% | −25.8% |
| April | +1.5% | +1.8% | 57% | +19.9% | −9.8% |
| May | +6.9% | +5.5% | 71% | +57.1% | −19.6% |
| June | +5.0% | +2.6% | 64% | +21.1% | −13.1% |
| July | +2.0% | −0.2% | 50% | +16.1% | −15.2% |
| August | +4.6% | +3.7% | 75% | +16.6% | −11.6% |
| September | +1.6% | −1.2% | 50% | +19.6% | −11.8% |
| October | −0.5% | +2.9% | 57% | +11.6% | −18.7% |
| November | +6.1% | +3.7% | 50% | +32.9% | −13.7% |
| December | +0.4% | −0.5% | 36% | +20.9% | −17.9% |
| Year | Return |
|---|---|
| 2025 | +1.2% |
| 2024 | +23.4% |
| 2023 | +111.3% |
| 2022 | −24.8% |
| 2021 | +56.7% |
| 2020 | +53.7% |
| 2019 | +22.8% |
| 2018 | +30.0% |
| 2017 | +15.9% |
| 2016 | −29.0% |
| 2015 | +43.7% |
| 2014 | +113.3% |
| 2013 | +7.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.