Historical month-by-month and year-by-year returns
Based on 23 calendar years of monthly closes, starting 2004.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −0.1% | +0.2% | 52% | +5.6% | −3.2% |
| February | +0.1% | −0.2% | 48% | +2.5% | −1.5% |
| March | −0.5% | −0.5% | 35% | +2.3% | −4.1% |
| April | +0.5% | +0.4% | 57% | +4.1% | −2.7% |
| May | +0.1% | +0.1% | 52% | +2.2% | −2.4% |
| June | −0.6% | −0.6% | 26% | +2.1% | −2.9% |
| July | +0.4% | +0.3% | 65% | +3.5% | −2.7% |
| August | +0.2% | +0.1% | 61% | +7.6% | −2.8% |
| September | −0.4% | −0.7% | 36% | +3.2% | −4.1% |
| October | — | — | — | — | — |
| November | +0.2% | 0.0% | 50% | +4.2% | −2.6% |
| December | −0.6% | −0.5% | 36% | +1.6% | −5.4% |
| Year | Return |
|---|---|
| 2025 | −5.5% |
| 2024 | +3.0% |
| 2023 | −1.5% |
| 2022 | −0.9% |
| 2021 | +2.2% |
| 2020 | −1.9% |
| 2019 | −1.3% |
| 2018 | +2.2% |
| 2017 | −7.6% |
| 2016 | +2.3% |
| 2015 | +7.1% |
| 2014 | +4.3% |
| 2013 | +3.6% |
| 2012 | −5.9% |
| 2011 | +0.9% |
| 2010 | −8.2% |
| 2009 | −1.8% |
| 2008 | −0.6% |
| 2007 | −6.1% |
| 2006 | −7.8% |
| 2005 | +1.9% |
| 2004 | −4.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.