| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ALAR | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | −12.8% | −13.0% | −8.4% | +11.6% | +39.7% | −13.5% | −78.9% | — | — | — | — | — | −80.2% | +7.5% | −87.7pp |
| 2025 | −6.5% | −34.3% | −4.1% | +9.1% | −0.9% | +100.1% | −7.9% | +21.3% | −0.9% | +8.1% | −43.5% | −6.3% | −19.1% | +17.7% | −36.9pp |
| 2024 | +46.3% | +54.2% | +12.8% | +40.5% | +28.3% | +17.2% | −40.1% | −48.4% | −17.5% | +19.4% | −0.5% | −16.1% | +36.7% | +24.9% | +11.8pp |
| 2023 · part | — | −21.8% | −17.0% | +10.8% | +53.8% | −19.7% | −0.8% | +42.1% | +1.0% | −8.2% | +42.2% | +73.2% | +186.3% | +26.2% | +160.2pp |
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. ALAR 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 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 |
| Positive ⓘ | 33% | 25% | 25% | 100% | 75% | 50% | 0% | 67% | 33% | 67% | 33% | 33% |
| Median | −6.5% | −17.4% | −6.3% | +11.2% | +34.0% | +1.9% | −24.0% | +21.3% | −0.9% | +8.1% | −0.5% | −6.3% |
| Best | +46.3% | +54.2% | +12.8% | +40.5% | +53.8% | +100.1% | −0.8% | +42.1% | +1.0% | +19.4% | +42.2% | +73.2% |
| Worst | −12.8% | −34.3% | −17.0% | +9.1% | −0.9% | −19.7% | −78.9% | −48.4% | −17.5% | −8.2% | −43.5% | −16.1% |
| vs SPY ⓘ | −9.2pp | −15.7pp | −1.0pp | +9.6pp | +28.8pp | +0.6pp | −25.8pp | +19.2pp | −4.4pp | +5.8pp | −6.4pp | −6.4pp |
42 monthly observations across 2023–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
