Historical month-by-month and year-by-year returns
Based on 25 calendar years of monthly closes, starting 2002.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +0.6% | +0.2% | 50% | +9.8% | −13.1% |
| February | −0.1% | −0.2% | 50% | +6.4% | −6.3% |
| March | −0.3% | −0.5% | 42% | +6.2% | −5.6% |
| April | −1.0% | −0.4% | 50% | +4.6% | −9.6% |
| May | +0.4% | 0.0% | 50% | +8.8% | −7.0% |
| June | +0.5% | +0.5% | 63% | +6.7% | −4.3% |
| July | +0.2% | +0.3% | 58% | +4.3% | −10.3% |
| August | +1.6% | +1.2% | 62% | +10.8% | −5.2% |
| September | −0.3% | +0.1% | 50% | +12.9% | −8.4% |
| October | −1.9% | −2.4% | 29% | +2.6% | −6.2% |
| November | +1.4% | +1.0% | 63% | +13.9% | −8.4% |
| December | −0.1% | −1.2% | 42% | +12.9% | −7.1% |
| Year | Return |
|---|---|
| 2025 | −0.2% |
| 2024 | −11.7% |
| 2023 | −0.7% |
| 2022 | −32.8% |
| 2021 | −6.0% |
| 2020 | +16.4% |
| 2019 | +11.5% |
| 2018 | −4.2% |
| 2017 | +6.5% |
| 2016 | −1.2% |
| 2015 | −4.2% |
| 2014 | +23.6% |
| 2013 | −15.9% |
| 2012 | −0.1% |
| 2011 | +28.8% |
| 2010 | +4.7% |
| 2009 | −24.7% |
| 2008 | +28.3% |
| 2007 | +5.2% |
| 2006 | −3.8% |
| 2005 | +3.8% |
| 2004 | +3.6% |
| 2003 | −3.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.