Historical month-by-month and year-by-year returns
Based on 14 calendar years of monthly closes, starting 2013.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −1.5% | −0.7% | 46% | +12.9% | −18.1% |
| February | +1.8% | +0.9% | 62% | +9.4% | −4.6% |
| March | −2.0% | −0.2% | 43% | +8.0% | −14.7% |
| April | +1.2% | +0.6% | 50% | +9.9% | −6.0% |
| May | +0.2% | +1.1% | 64% | +12.0% | −32.4% |
| June | +0.7% | +0.4% | 64% | +12.3% | −7.5% |
| July | +3.5% | +2.9% | 86% | +10.7% | −6.5% |
| August | +1.0% | +1.2% | 73% | +10.0% | −14.3% |
| September | −0.8% | +1.1% | 54% | +6.8% | −8.7% |
| October | −0.8% | +0.1% | 54% | +11.4% | −9.8% |
| November | +3.9% | +2.7% | 69% | +20.9% | −11.0% |
| December | +1.6% | +2.6% | 54% | +11.7% | −8.9% |
| Year | Return |
|---|---|
| 2025 | −22.8% |
| 2024 | −17.4% |
| 2023 | +34.7% |
| 2022 | −39.9% |
| 2021 | +47.5% |
| 2020 | +25.0% |
| 2019 | +54.7% |
| 2018 | +18.7% |
| 2017 | +34.6% |
| 2016 | +11.7% |
| 2015 | +11.4% |
| 2014 | +31.6% |
| 2013 | −2.3% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.