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% | +1.9% | 55% | +17.2% | −13.8% |
| February | +1.5% | +0.4% | 50% | +15.5% | −19.3% |
| March | −5.4% | −3.5% | 32% | +9.2% | −31.2% |
| April | −3.1% | −4.3% | 30% | +21.3% | −28.1% |
| May | −0.2% | −3.0% | 39% | +46.3% | −21.4% |
| June | +5.6% | +2.5% | 74% | +27.1% | −8.7% |
| July | +3.9% | +2.2% | 61% | +39.0% | −9.3% |
| August | −1.1% | +0.1% | 52% | +31.1% | −20.9% |
| September | +1.4% | −0.5% | 45% | +29.3% | −15.3% |
| October | +5.2% | +2.3% | 59% | +26.6% | −10.4% |
| November | +1.2% | −0.6% | 43% | +14.0% | −8.2% |
| December | +1.4% | +0.7% | 55% | +18.1% | −21.0% |
| Year | Return |
|---|---|
| 2025 | −28.8% |
| 2024 | +2.4% |
| 2023 | +2.7% |
| 2022 | +6.1% |
| 2021 | +21.9% |
| 2020 | +19.7% |
| 2019 | +7.6% |
| 2018 | −20.6% |
| 2017 | −22.3% |
| 2016 | +28.0% |
| 2014 | −15.3% |
| 2013 | −12.1% |
| 2011 | −27.5% |
| 2010 | +19.2% |
| 2008 | +9.1% |
| 2007 | −7.9% |
| 2006 | −20.0% |
| 2005 | +62.4% |
| 2004 | +59.4% |
| 2003 | −23.5% |
| 2002 | +0.3% |
| 2001 | −27.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.