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 | +3.6% | −5.6% | 33% | +47.9% | −19.8% |
| February | +12.1% | +8.2% | 78% | +66.2% | −29.9% |
| March | +13.4% | −1.9% | 44% | +158.5% | −41.4% |
| April | +4.4% | +3.7% | 56% | +71.0% | −34.7% |
| May | −0.8% | +1.3% | 56% | +33.4% | −35.7% |
| June | −20.2% | −15.8% | 0% | −5.7% | −38.2% |
| July | +6.7% | +2.4% | 67% | +44.5% | −57.4% |
| August | −0.3% | −8.6% | 30% | +69.5% | −27.9% |
| September | −3.6% | −3.5% | 38% | +17.8% | −31.1% |
| October | −4.0% | −5.7% | 38% | +10.8% | −13.2% |
| November | +16.6% | −1.4% | 50% | +166.7% | −61.4% |
| December | +1.3% | −6.5% | 44% | +86.6% | −29.6% |
| Year | Return |
|---|---|
| 2025 | −61.5% |
| 2024 | +27.4% |
| 2023 | +40.5% |
| 2022 | −83.5% |
| 2021 | +116.0% |
| 2020 | +49.0% |
| 2019 | +192.3% |
| 2018 | −88.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.