Historical month-by-month and year-by-year returns
Based on 22 calendar years of monthly closes, starting 2005.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +4.4% | +2.4% | 57% | +56.3% | −15.8% |
| February | +2.7% | +2.3% | 67% | +28.0% | −12.3% |
| March | −1.8% | −2.5% | 38% | +19.1% | −24.4% |
| April | +0.9% | +0.1% | 52% | +18.5% | −27.2% |
| May | −0.4% | −0.1% | 48% | +18.2% | −17.1% |
| June | −0.5% | −2.1% | 33% | +30.4% | −27.3% |
| July | +1.9% | −0.6% | 43% | +16.3% | −9.5% |
| August | −0.7% | +0.5% | 57% | +9.4% | −19.4% |
| September | +2.4% | −1.4% | 48% | +67.8% | −22.4% |
| October | +0.5% | −1.2% | 43% | +15.5% | −11.3% |
| November | +4.8% | +3.4% | 62% | +33.0% | −14.2% |
| December | +0.6% | +1.2% | 57% | +20.1% | −19.5% |
| Year | Return |
|---|---|
| 2025 | +172.7% |
| 2024 | −7.1% |
| 2023 | +20.0% |
| 2022 | −59.7% |
| 2021 | −21.8% |
| 2020 | −8.1% |
| 2019 | +32.3% |
| 2018 | +10.5% |
| 2017 | −18.4% |
| 2016 | +2.7% |
| 2015 | −22.6% |
| 2014 | −25.4% |
| 2013 | +42.4% |
| 2012 | +54.9% |
| 2011 | −1.8% |
| 2010 | +36.0% |
| 2009 | +116.6% |
| 2008 | −37.9% |
| 2007 | +56.2% |
| 2006 | +6.2% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.