Historical month-by-month and year-by-year returns
Based on 26 calendar years of monthly closes, starting 2001.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +1.3% | +1.7% | 56% | +16.0% | −13.8% |
| February | +2.4% | +1.8% | 68% | +11.3% | −11.0% |
| March | +0.9% | +0.4% | 52% | +15.4% | −11.5% |
| April | +1.5% | −0.6% | 44% | +40.4% | −15.3% |
| May | +4.9% | +7.2% | 76% | +23.3% | −16.6% |
| June | −0.7% | −1.4% | 44% | +16.5% | −19.9% |
| July | +0.8% | +0.6% | 60% | +16.5% | −21.2% |
| August | −0.2% | +0.7% | 59% | +16.4% | −10.5% |
| September | −2.5% | −0.8% | 44% | +14.9% | −30.3% |
| October | +3.0% | +2.4% | 60% | +23.6% | −17.6% |
| November | +5.2% | +4.1% | 76% | +23.8% | −18.9% |
| December | +0.3% | +0.5% | 56% | +13.5% | −23.3% |
| Year | Return |
|---|---|
| 2025 | +39.8% |
| 2024 | +12.2% |
| 2023 | +65.6% |
| 2022 | −35.8% |
| 2021 | +43.0% |
| 2020 | +51.0% |
| 2019 | +60.0% |
| 2018 | −7.6% |
| 2017 | +38.4% |
| 2016 | +36.6% |
| 2015 | −3.3% |
| 2014 | +27.8% |
| 2013 | +39.7% |
| 2012 | +5.3% |
| 2011 | −11.3% |
| 2010 | +13.1% |
| 2009 | +73.5% |
| 2008 | −52.2% |
| 2007 | −2.6% |
| 2006 | +0.1% |
| 2005 | +13.3% |
| 2004 | −14.3% |
| 2003 | +80.9% |
| 2002 | −47.8% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.