Historical month-by-month and year-by-year returns
Based on 30 calendar years of monthly closes, starting 1997.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +7.2% | +4.2% | 69% | +41.0% | −11.2% |
| February | +0.8% | +1.8% | 55% | +20.8% | −22.0% |
| March | +2.1% | +0.9% | 55% | +27.7% | −11.2% |
| April | +2.3% | +1.0% | 66% | +24.3% | −14.7% |
| May | +0.3% | +1.9% | 62% | +21.1% | −23.2% |
| June | +1.5% | +1.7% | 55% | +29.8% | −14.2% |
| July | −0.9% | −2.0% | 45% | +39.0% | −29.8% |
| August | +0.1% | +1.2% | 53% | +17.8% | −20.4% |
| September | −2.0% | +1.4% | 57% | +21.0% | −41.6% |
| October | +5.8% | +5.9% | 79% | +36.0% | −13.7% |
| November | +4.1% | +3.0% | 62% | +34.8% | −25.9% |
| December | +1.8% | +1.7% | 59% | +25.7% | −23.8% |
| Year | Return |
|---|---|
| 2025 | +53.9% |
| 2024 | +89.9% |
| 2023 | +39.6% |
| 2022 | −38.1% |
| 2021 | +10.3% |
| 2020 | +87.7% |
| 2019 | +57.4% |
| 2018 | −6.9% |
| 2017 | +37.9% |
| 2016 | +26.4% |
| 2015 | +1.7% |
| 2014 | +28.3% |
| 2013 | +1.6% |
| 2012 | +32.9% |
| 2011 | +3.0% |
| 2010 | +9.6% |
| 2009 | +45.5% |
| 2008 | −20.7% |
| 2007 | −8.9% |
| 2006 | +13.6% |
| 2005 | +22.6% |
| 2004 | −5.5% |
| 2003 | +56.9% |
| 2002 | −54.8% |
| 2001 | +39.4% |
| 2000 | −50.9% |
| 1999 | +290.1% |
| 1998 | +13.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.