Historical month-by-month and year-by-year returns
Based on 28 calendar years of monthly closes, starting 1999.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +1.1% | +0.1% | 50% | +18.8% | −12.3% |
| February | +1.6% | +3.0% | 61% | +22.5% | −15.3% |
| March | +1.6% | +1.7% | 64% | +13.7% | −35.8% |
| April | +3.2% | +1.3% | 57% | +30.8% | −13.9% |
| May | +0.4% | −0.3% | 46% | +16.0% | −11.5% |
| June | −0.7% | −0.4% | 46% | +8.4% | −18.0% |
| July | +0.5% | +1.7% | 61% | +12.1% | −15.9% |
| August | −0.1% | +1.1% | 55% | +10.9% | −10.2% |
| September | −1.4% | +1.2% | 52% | +9.5% | −16.0% |
| October | +1.0% | +0.6% | 52% | +25.0% | −18.8% |
| November | +1.8% | +1.3% | 59% | +28.0% | −8.7% |
| December | +0.2% | +0.4% | 56% | +12.6% | −13.3% |
| Year | Return |
|---|---|
| 2025 | +4.4% |
| 2024 | +2.2% |
| 2023 | −4.1% |
| 2022 | +57.6% |
| 2021 | +46.4% |
| 2020 | −36.9% |
| 2019 | +4.7% |
| 2018 | −20.6% |
| 2017 | −4.1% |
| 2016 | +24.9% |
| 2015 | −23.8% |
| 2014 | −10.6% |
| 2013 | +23.9% |
| 2012 | +3.3% |
| 2011 | +1.3% |
| 2010 | +19.7% |
| 2009 | +19.3% |
| 2008 | −39.8% |
| 2007 | +35.3% |
| 2006 | +16.5% |
| 2005 | +38.5% |
| 2004 | +31.8% |
| 2003 | +23.4% |
| 2002 | −16.4% |
| 2001 | −19.5% |
| 2000 | +22.5% |
| 1999 | +16.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.