Historical month-by-month and year-by-year returns
Based on 20 calendar years of monthly closes, starting 2007.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +10.7% | +9.1% | 63% | +86.3% | −16.7% |
| February | +9.0% | +5.3% | 53% | +63.5% | −20.7% |
| March | −1.0% | −2.5% | 47% | +19.7% | −29.7% |
| April | −0.7% | 0.0% | 50% | +20.3% | −21.0% |
| May | +13.9% | +3.2% | 55% | +112.4% | −15.3% |
| June | +0.4% | +0.7% | 55% | +22.5% | −36.4% |
| July | +2.2% | +3.6% | 55% | +33.9% | −21.8% |
| August | −3.1% | −0.8% | 43% | +30.6% | −37.6% |
| September | +1.4% | +0.1% | 53% | +20.1% | −17.0% |
| October | −4.2% | +1.4% | 53% | +27.7% | −36.4% |
| November | +4.9% | +12.1% | 68% | +29.7% | −34.9% |
| December | +3.9% | +4.8% | 63% | +21.5% | −13.5% |
| Year | Return |
|---|---|
| 2025 | −4.0% |
| 2024 | +7.2% |
| 2023 | +246.2% |
| 2022 | +86.8% |
| 2021 | +38.8% |
| 2020 | +31.8% |
| 2019 | +74.1% |
| 2018 | −34.1% |
| 2017 | −25.4% |
| 2016 | +14.4% |
| 2015 | −29.7% |
| 2014 | +103.3% |
| 2013 | +68.2% |
| 2012 | −34.9% |
| 2011 | +35.9% |
| 2010 | +3.8% |
| 2009 | +75.7% |
| 2008 | −17.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.