| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | DBVT | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +12.7% | −2.9% | −0.5% | +0.5% | −9.0% | −14.1% | −16.3% | — | — | — | — | — | −28.4% | +7.5% | −35.9pp |
| 2025 | +36.7% | +5.3% | +53.3% | +32.1% | −7.3% | +9.7% | −7.1% | +13.4% | +3.6% | +46.4% | −10.6% | +46.4% | +520.4% | +17.7% | +502.7pp |
| 2024 | −3.8% | −10.6% | −8.6% | −11.7% | −15.4% | −28.5% | +21.0% | −7.1% | −22.2% | +11.2% | +401.0% | −20.8% | +62.2% | +24.9% | +37.3pp |
| 2023 | −13.7% | +9.8% | +16.6% | −11.8% | +30.9% | −2.6% | −22.1% | +6.8% | −13.9% | −25.7% | −26.7% | +28.8% | −37.7% | +26.2% | −63.9pp |
| 2022 | — | — | — | — | — | — | +59.4% | −21.2% | −11.9% | −14.1% | −11.2% | +13.3% | −4.4% | −18.2% | +13.8pp |
| 2021 | +96.2% | +4.1% | −0.4% | +22.5% | −10.4% | −6.7% | −4.8% | +13.8% | −17.2% | −38.2% | −1.0% | −46.7% | −38.9% | +28.7% | −67.7pp |
| 2020 | −9.1% | +0.6% | −60.0% | +58.7% | −22.0% | −9.5% | −6.4% | −47.4% | −19.9% | −17.3% | +71.3% | +6.9% | −75.5% | +18.3% | −93.8pp |
| 2019 | +5.1% | +20.6% | −5.3% | +26.5% | −7.5% | −8.9% | +15.2% | −3.9% | −5.5% | −16.9% | +9.1% | +37.2% | +66.7% | +31.2% | +35.4pp |
| 2018 | −5.9% | −7.8% | +8.0% | −4.9% | +2.5% | −14.3% | −6.5% | +23.3% | +1.0% | −17.9% | −18.1% | −57.5% | −73.9% | −4.6% | −69.3pp |
| 2017 | −1.7% | +5.5% | −3.3% | +0.3% | −6.0% | +7.6% | +24.7% | −0.9% | −3.9% | −44.8% | −2.5% | +7.7% | −30.0% | +21.7% | −51.7pp |
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. DBVT is on the price only (split-adjusted close; dividends NOT included) basis, SPY on the total return (splits + dividends) basis. THE TWO DIFFER: one series includes dividends and the other does not, so the Δ column flatters whichever one is on the total-return basis. Read it with that in mind — the bases are printed rather than silently reconciled.
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 ⓘ | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 11 | 11 | 11 | 12 | 12 |
| Positive ⓘ | 36% | 55% | 45% | 73% | 18% | 27% | 50% | 36% | 27% | 18% | 50% | 67% |
| Median | −3.8% | +0.6% | −0.4% | +4.4% | −7.3% | −6.7% | +0.7% | −0.9% | −8.8% | −16.9% | −0.2% | +6.5% |
| Best | +96.2% | +20.6% | +53.3% | +58.7% | +30.9% | +26.5% | +59.4% | +23.3% | +5.1% | +46.4% | +401.0% | +46.4% |
| Worst | −28.4% | −10.8% | −60.0% | −11.8% | −22.0% | −28.5% | −22.1% | −47.4% | −22.2% | −44.8% | −26.7% | −57.5% |
| vs SPY ⓘ | −5.3pp | +1.3pp | +4.5pp | +4.0pp | −7.4pp | −9.0pp | −2.4pp | −1.1pp | −6.3pp | −14.8pp | −0.9pp | +6.1pp |
135 monthly observations across 2014–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
