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 | +2.0% | +1.5% | 62% | +20.4% | −13.3% |
| February | +1.1% | +1.6% | 69% | +14.0% | −29.1% |
| March | +1.1% | +0.6% | 54% | +15.3% | −11.2% |
| April | +2.6% | +0.1% | 50% | +32.2% | −14.8% |
| May | +3.9% | +5.9% | 73% | +18.2% | −15.5% |
| June | −0.2% | −0.7% | 50% | +16.3% | −21.1% |
| July | +1.0% | +0.3% | 56% | +16.4% | −17.6% |
| August | +0.1% | +0.5% | 57% | +16.6% | −11.4% |
| September | −3.2% | −0.4% | 46% | +14.2% | −32.5% |
| October | +2.7% | +1.4% | 58% | +24.6% | −16.0% |
| November | +3.9% | +3.8% | 77% | +22.2% | −27.0% |
| December | −0.5% | +0.6% | 58% | +9.7% | −24.4% |
| Year | Return |
|---|---|
| 2025 | +48.7% |
| 2024 | +38.5% |
| 2023 | +72.3% |
| 2022 | −34.3% |
| 2021 | +41.4% |
| 2020 | +54.5% |
| 2019 | +62.0% |
| 2018 | −10.8% |
| 2017 | +36.5% |
| 2016 | +34.5% |
| 2015 | −2.5% |
| 2014 | +28.7% |
| 2013 | +31.2% |
| 2012 | +6.2% |
| 2011 | −6.5% |
| 2010 | +16.5% |
| 2009 | +58.5% |
| 2008 | −45.7% |
| 2007 | −3.5% |
| 2006 | −8.2% |
| 2005 | +9.8% |
| 2004 | −19.6% |
| 2003 | +87.3% |
| 2002 | −47.1% |
| 2001 | −14.6% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.