| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | AIRE | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | −9.4% | −15.9% | −23.6% | −49.5% | −18.9% | −22.5% | −27.5% | — | — | — | — | — | −86.6% | +7.5% | −94.1pp |
| 2025 | −49.1% | −2.0% | −24.3% | −40.8% | −29.8% | −32.6% | +21.8% | +4.6% | +97.2% | −19.2% | −15.8% | −20.1% | −85.6% | +17.7% | −103.3pp |
| 2024 | −35.7% | +32.8% | −28.2% | −6.6% | −10.5% | −6.9% | +55.8% | −13.5% | −0.8% | −12.6% | +4.5% | +149.1% | +45.2% | +24.9% | +20.3pp |
| 2023 · part | — | — | — | — | — | — | — | — | — | — | −82.4% | −41.6% | −89.7% | +26.2% | −115.9pp |
A month’s return is its month-end close over the prior month-end’s, so a year’s figure is exactly the product of its twelve monthly cells — no separate annualisation, no resampling. A blank cell means no return exists for that month (the series had not started, or it is the very first month-end, which has nothing to be measured against). Blank is never zero.
Basis. AIRE is on the total return (splits + dividends) basis, SPY on the total return (splits + dividends) basis. Both columns are on the same basis, so the Δ column is a like-for-like difference.
Partial years. A year marked “ytd” or “part” does not cover the full calendar year: either the stored history starts inside it (the figure is measured from the first month-end present) or the data stops before December (the figure runs through the last stored close). The row’s own tooltip names the exact boundary. It is never dressed up as a calendar-year return.
End of day. These are stored end-of-day closes, and the window is anchored on the LAST stored bar rather than today’s date — so the newest row ends where the data ends. Nothing here is intraday.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Years ⓘ | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 3 | 3 |
| Positive ⓘ | 0% | 33% | 0% | 0% | 0% | 0% | 67% | 50% | 50% | 0% | 33% | 33% |
| Median | −35.7% | −2.0% | −24.3% | −40.8% | −18.9% | −22.5% | +21.8% | −4.5% | +48.2% | −15.9% | −15.8% | −20.1% |
| Best | −9.4% | +32.8% | −23.6% | −6.6% | −10.5% | −6.9% | +55.8% | +4.6% | +97.2% | −12.6% | +4.5% | +149.1% |
| Worst | −49.1% | −15.9% | −28.2% | −49.5% | −29.8% | −32.6% | −27.5% | −13.5% | −0.8% | −19.2% | −82.4% | −41.6% |
| vs SPY ⓘ | −37.3pp | −0.8pp | −18.7pp | −40.0pp | −24.2pp | −21.5pp | +19.5pp | −6.7pp | +45.4pp | −16.6pp | −16.0pp | −20.2pp |
33 monthly observations across 2023–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
