Historical month-by-month and year-by-year returns
Based on 10 calendar years of monthly closes, starting 2017.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +22.2% | +24.9% | 56% | +138.1% | −26.8% |
| February | −5.1% | −4.1% | 33% | +33.0% | −38.1% |
| March | +2.0% | +5.0% | 67% | +28.8% | −38.1% |
| April | +13.9% | −5.3% | 44% | +105.4% | −25.8% |
| May | +3.4% | −2.2% | 33% | +63.7% | −30.1% |
| June | −16.5% | −21.9% | 11% | +19.6% | −34.8% |
| July | +20.1% | +10.5% | 78% | +68.5% | −19.6% |
| August | −7.7% | −9.8% | 30% | +19.3% | −25.0% |
| September | −1.2% | +0.5% | 50% | +16.9% | −23.1% |
| October | +1.6% | +0.6% | 50% | +33.7% | −16.3% |
| November | +67.4% | −9.2% | 25% | +466.9% | −29.0% |
| December | +24.1% | −20.8% | 22% | +395.1% | −36.7% |
| Year | Return |
|---|---|
| 2025 | −39.5% |
| 2024 | +157.2% |
| 2023 | +81.3% |
| 2022 | −73.4% |
| 2021 | +108.3% |
| 2020 | +183.9% |
| 2019 | −59.9% |
| 2018 | −68.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.