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 | +10.8% | −10.6% | 44% | +123.9% | −49.5% |
| February | −5.5% | −7.2% | 33% | +26.3% | −29.3% |
| March | +2.0% | −1.9% | 44% | +42.8% | −43.4% |
| April | +23.2% | +2.0% | 67% | +177.4% | −27.9% |
| May | −4.7% | −2.6% | 33% | +41.7% | −34.2% |
| June | −15.2% | −13.3% | 11% | +2.9% | −32.5% |
| July | +17.6% | +14.8% | 78% | +47.4% | −19.0% |
| August | −0.2% | −8.7% | 40% | +58.8% | −26.9% |
| September | +12.0% | +1.7% | 63% | +73.4% | −19.8% |
| October | −0.8% | −1.9% | 38% | +16.9% | −22.9% |
| November | +47.6% | −11.3% | 38% | +281.8% | −23.6% |
| December | +76.9% | −14.8% | 33% | +817.0% | −66.9% |
| Year | Return |
|---|---|
| 2025 | −11.5% |
| 2024 | +238.3% |
| 2023 | +80.9% |
| 2022 | −59.1% |
| 2021 | +278.1% |
| 2020 | +14.0% |
| 2019 | −45.3% |
| 2018 | −84.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.