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 | +4.0% | +1.7% | 62% | +58.3% | −14.0% |
| February | +1.5% | −0.8% | 45% | +61.2% | −17.3% |
| March | +4.9% | +6.5% | 66% | +34.9% | −25.3% |
| April | −0.9% | +0.9% | 52% | +24.9% | −27.4% |
| May | +5.9% | +5.3% | 77% | +48.9% | −18.4% |
| June | −2.1% | −2.1% | 43% | +33.8% | −33.6% |
| July | +0.7% | +0.6% | 53% | +17.5% | −18.0% |
| August | +3.7% | +4.7% | 58% | +39.5% | −19.0% |
| September | +0.1% | +0.3% | 52% | +22.2% | −57.4% |
| October | +4.8% | −0.8% | 48% | +97.0% | −27.7% |
| November | +1.1% | +0.8% | 62% | +24.0% | −22.1% |
| December | 0.0% | +0.1% | 52% | +26.3% | −37.8% |
| Year | Return |
|---|---|
| 2025 | +39.1% |
| 2024 | +14.4% |
| 2023 | +54.6% |
| 2022 | −41.4% |
| 2021 | −14.5% |
| 2020 | +69.7% |
| 2019 | +18.9% |
| 2018 | −6.2% |
| 2017 | +122.7% |
| 2016 | +41.5% |
| 2015 | +24.3% |
| 2014 | +61.4% |
| 2013 | +57.8% |
| 2012 | −18.7% |
| 2011 | +10.4% |
| 2010 | +22.1% |
| 2009 | +32.9% |
| 2008 | −59.0% |
| 2007 | +3.9% |
| 2006 | +0.3% |
| 2005 | −23.7% |
| 2004 | +20.7% |
| 2003 | +22.7% |
| 2002 | +45.3% |
| 2001 | +40.6% |
| 2000 | −11.1% |
| 1999 | +56.8% |
| 1998 | +61.0% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.