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 | +4.1% | −0.7% | 44% | +61.7% | −35.6% |
| February | +1.6% | −7.8% | 44% | +57.9% | −27.4% |
| March | −1.9% | −1.1% | 44% | +25.0% | −37.2% |
| April | +20.6% | +14.0% | 78% | +71.4% | −6.9% |
| May | +0.7% | −3.3% | 44% | +50.1% | −35.9% |
| June | −8.3% | −5.9% | 33% | +15.2% | −43.2% |
| July | +7.3% | −4.2% | 44% | +37.3% | −8.1% |
| August | +2.8% | +1.7% | 50% | +31.7% | −16.3% |
| September | −0.9% | −0.7% | 38% | +15.9% | −15.9% |
| October | +6.6% | +6.7% | 88% | +17.6% | −10.7% |
| November | −4.2% | −3.1% | 38% | +30.3% | −44.3% |
| December | +10.1% | −0.7% | 44% | +93.8% | −20.0% |
| Year | Return |
|---|---|
| 2025 | +124.0% |
| 2024 | +17.2% |
| 2023 | +12.0% |
| 2022 | −35.6% |
| 2021 | +46.1% |
| 2020 | +251.3% |
| 2019 | −3.6% |
| 2018 | −86.8% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.