Historical month-by-month and year-by-year returns
Based on 24 calendar years of monthly closes, starting 2003.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +4.3% | −0.8% | 50% | +48.0% | −20.8% |
| February | +3.6% | +5.5% | 67% | +24.2% | −15.9% |
| March | +1.8% | +2.1% | 54% | +39.8% | −16.6% |
| April | +3.3% | +0.4% | 54% | +72.0% | −36.8% |
| May | +3.7% | +3.2% | 63% | +30.6% | −23.8% |
| June | +1.4% | +3.5% | 58% | +22.4% | −17.3% |
| July | +1.4% | +1.2% | 50% | +31.5% | −21.7% |
| August | −0.3% | −0.2% | 48% | +15.0% | −19.2% |
| September | +2.7% | +2.7% | 52% | +41.0% | −20.5% |
| October | −0.2% | −2.9% | 43% | +57.1% | −44.1% |
| November | +4.5% | +5.9% | 74% | +30.6% | −37.8% |
| December | +3.9% | +2.9% | 61% | +21.2% | −14.8% |
| Year | Return |
|---|---|
| 2025 | +219.1% |
| 2024 | +1.1% |
| 2023 | +62.3% |
| 2022 | −53.4% |
| 2021 | +81.8% |
| 2020 | +4.5% |
| 2019 | +54.2% |
| 2018 | −7.8% |
| 2017 | +9.6% |
| 2016 | +4.1% |
| 2015 | −44.9% |
| 2014 | +18.4% |
| 2013 | +84.6% |
| 2012 | +85.5% |
| 2011 | +9.1% |
| 2010 | −17.4% |
| 2009 | +310.6% |
| 2008 | −82.6% |
| 2007 | −3.8% |
| 2006 | +32.6% |
| 2005 | +15.7% |
| 2004 | −8.6% |
| 2003 | +76.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.