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 | +0.3% | +1.1% | 52% | +8.5% | −8.0% |
| February | +0.2% | +0.2% | 52% | +5.7% | −10.5% |
| March | +0.4% | +0.7% | 60% | +7.5% | −14.3% |
| April | +2.0% | +1.1% | 72% | +13.1% | −9.1% |
| May | +1.2% | +1.7% | 72% | +6.3% | −7.9% |
| June | −0.2% | +0.3% | 52% | +6.7% | −8.6% |
| July | +1.6% | +1.8% | 65% | +9.3% | −8.3% |
| August | +0.2% | +0.8% | 63% | +7.1% | −6.1% |
| September | −1.4% | −0.3% | 48% | +8.9% | −10.5% |
| October | +1.4% | +2.1% | 64% | +11.4% | −17.5% |
| November | +2.9% | +2.7% | 84% | +11.8% | −8.0% |
| December | +0.3% | +0.7% | 64% | +6.4% | −9.7% |
| Year | Return |
|---|---|
| 2025 | +15.7% |
| 2024 | +22.2% |
| 2023 | +24.1% |
| 2022 | −20.8% |
| 2021 | +24.0% |
| 2020 | +19.0% |
| 2019 | +28.2% |
| 2018 | −7.0% |
| 2017 | +19.0% |
| 2016 | +10.6% |
| 2015 | −1.6% |
| 2014 | +10.5% |
| 2013 | +30.9% |
| 2012 | +14.0% |
| 2011 | −1.0% |
| 2010 | +15.2% |
| 2009 | +26.0% |
| 2008 | −38.4% |
| 2007 | +3.5% |
| 2006 | +13.7% |
| 2005 | +4.5% |
| 2004 | +10.9% |
| 2003 | +28.8% |
| 2002 | −21.6% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.