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 | −0.2% | +0.1% | 54% | +8.9% | −26.2% |
| February | −1.0% | +0.3% | 50% | +11.6% | −17.7% |
| March | +0.4% | −0.9% | 39% | +17.8% | −21.7% |
| April | +2.7% | +2.0% | 64% | +21.8% | −9.9% |
| May | +0.3% | +1.8% | 57% | +14.0% | −9.2% |
| June | −1.3% | −1.1% | 32% | +6.1% | −18.2% |
| July | +2.0% | +2.9% | 68% | +8.9% | −9.1% |
| August | +0.3% | +1.2% | 52% | +13.0% | −9.6% |
| September | −1.6% | −0.9% | 41% | +5.8% | −12.0% |
| October | +2.0% | +2.3% | 67% | +15.5% | −21.9% |
| November | +2.0% | +2.6% | 67% | +16.8% | −18.5% |
| December | +0.6% | +1.5% | 63% | +10.3% | −11.7% |
| Year | Return |
|---|---|
| 2025 | +13.3% |
| 2024 | +28.5% |
| 2023 | +9.9% |
| 2022 | −12.4% |
| 2021 | +32.5% |
| 2020 | −4.2% |
| 2019 | +29.2% |
| 2018 | −14.7% |
| 2017 | +20.0% |
| 2016 | +20.1% |
| 2015 | −3.6% |
| 2014 | +13.1% |
| 2013 | +33.4% |
| 2012 | +26.1% |
| 2011 | −18.5% |
| 2010 | +10.8% |
| 2009 | +15.0% |
| 2008 | −56.7% |
| 2007 | −21.3% |
| 2006 | +16.0% |
| 2005 | +3.7% |
| 2004 | +8.5% |
| 2003 | +27.9% |
| 2002 | −16.3% |
| 2001 | −10.8% |
| 2000 | +24.1% |
| 1999 | +1.4% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.