Historical month-by-month and year-by-year returns
Based on 10 calendar years of monthly closes, starting 2017.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +1.7% | +4.8% | 56% | +29.2% | −30.8% |
| February | +2.4% | −9.2% | 44% | +46.7% | −30.6% |
| March | −6.0% | −9.9% | 33% | +12.4% | −20.4% |
| April | +6.9% | +0.6% | 60% | +48.1% | −22.3% |
| May | −4.7% | +0.1% | 50% | +17.1% | −50.4% |
| June | +5.6% | +10.1% | 70% | +24.0% | −22.2% |
| July | −4.0% | −4.3% | 40% | +17.5% | −24.8% |
| August | −4.1% | +0.8% | 55% | +15.8% | −29.9% |
| September | −1.2% | −0.2% | 44% | +15.6% | −22.2% |
| October | +3.2% | +1.2% | 67% | +50.9% | −28.8% |
| November | +3.4% | −1.5% | 44% | +38.2% | −10.2% |
| December | +1.6% | +5.1% | 56% | +22.4% | −15.4% |
| Year | Return |
|---|---|
| 2025 | −25.1% |
| 2024 | −36.4% |
| 2023 | +89.2% |
| 2022 | −81.0% |
| 2021 | −6.1% |
| 2020 | +206.6% |
| 2019 | +196.4% |
| 2018 | −62.3% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.