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 | +0.9% | +1.7% | 63% | +10.6% | −11.9% |
| February | −0.4% | −0.5% | 41% | +19.0% | −26.2% |
| March | +0.6% | +1.6% | 63% | +10.1% | −17.5% |
| April | +2.0% | +2.1% | 64% | +17.9% | −13.6% |
| May | +1.5% | +3.4% | 61% | +10.6% | −12.3% |
| June | +0.8% | +0.7% | 57% | +12.4% | −13.1% |
| July | +1.7% | +2.4% | 68% | +12.6% | −8.6% |
| August | +1.1% | +1.1% | 62% | +13.6% | −12.3% |
| September | −1.9% | −0.5% | 48% | +12.9% | −20.9% |
| October | +3.0% | +4.6% | 63% | +18.5% | −15.5% |
| November | +2.6% | +3.4% | 74% | +17.0% | −22.9% |
| December | +0.3% | +0.3% | 52% | +24.3% | −12.1% |
| Year | Return |
|---|---|
| 2025 | +20.2% |
| 2024 | +24.8% |
| 2023 | +53.8% |
| 2022 | −33.1% |
| 2021 | +26.8% |
| 2020 | +47.6% |
| 2019 | +37.8% |
| 2018 | −1.0% |
| 2017 | +31.5% |
| 2016 | +5.9% |
| 2015 | +8.3% |
| 2014 | +17.4% |
| 2013 | +35.1% |
| 2012 | +16.7% |
| 2011 | +2.5% |
| 2010 | +19.0% |
| 2009 | +53.8% |
| 2008 | −41.9% |
| 2007 | +18.7% |
| 2006 | +6.8% |
| 2005 | +1.2% |
| 2004 | +9.5% |
| 2003 | +49.6% |
| 2002 | −37.4% |
| 2001 | −33.3% |
| 2000 | −36.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.