| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | DFAT | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +6.5% | +2.6% | −3.7% | +7.5% | +0.0% | +4.4% | +1.5% | — | — | — | — | — | +20.0% | +7.5% | +12.5pp |
| 2025 | +3.0% | −4.5% | −5.7% | −4.7% | +5.6% | +4.6% | +0.8% | +8.2% | −0.6% | −2.2% | +3.7% | +1.2% | +8.7% | +17.7% | −9.0pp |
| 2024 | −3.4% | +2.4% | +5.3% | −6.1% | +5.3% | −3.2% | +10.0% | −2.2% | +0.0% | −1.7% | +10.9% | −7.9% | +7.8% | +24.9% | −17.1pp |
| 2023 | +9.8% | −1.0% | −6.6% | −2.1% | −3.1% | +10.4% | +7.2% | −3.4% | −4.5% | −5.4% | +8.7% | +11.8% | +20.9% | +26.2% | −5.3pp |
| 2022 | −4.1% | +2.6% | −0.1% | −6.1% | +3.5% | −10.8% | +9.7% | −2.1% | −9.4% | +13.9% | +5.7% | −5.9% | −6.2% | −18.2% | +11.9pp |
| 2021 · part | — | — | — | — | — | — | −1.4% | +2.7% | −1.8% | +4.8% | −2.3% | +5.2% | +7.0% | +28.7% | −21.7pp |
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. DFAT 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.
