Historical month-by-month and year-by-year returns
Based on 15 calendar years of monthly closes, starting 2012.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +2.6% | +3.5% | 57% | +25.7% | −20.9% |
| February | +1.2% | +1.7% | 64% | +22.8% | −23.8% |
| March | −0.8% | −0.5% | 50% | +27.1% | −24.8% |
| April | −1.4% | −1.2% | 43% | +18.2% | −20.1% |
| May | +1.7% | +1.8% | 64% | +19.4% | −24.4% |
| June | −0.8% | −0.9% | 43% | +14.7% | −16.3% |
| July | +4.7% | +3.7% | 64% | +31.0% | −6.7% |
| August | +8.0% | +6.2% | 80% | +32.5% | −16.7% |
| September | −3.6% | −5.5% | 23% | +11.6% | −12.1% |
| October | +1.5% | −1.5% | 38% | +16.0% | −8.9% |
| November | +4.9% | +6.5% | 64% | +27.9% | −10.1% |
| December | −1.7% | −0.4% | 36% | +8.8% | −21.6% |
| Year | Return |
|---|---|
| 2025 | −16.8% |
| 2024 | −6.5% |
| 2023 | +65.0% |
| 2022 | −38.7% |
| 2021 | +14.0% |
| 2020 | +45.7% |
| 2019 | +3.0% |
| 2018 | +56.9% |
| 2017 | +53.9% |
| 2016 | −17.1% |
| 2015 | −2.4% |
| 2014 | −1.9% |
| 2013 | +52.6% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.