| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ENAV.MI | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +3.6% | +12.9% | −6.3% | −3.7% | +8.3% | −3.7% | −4.3% | — | — | — | — | — | +5.4% | +7.5% | −2.1pp |
| 2025 | −15.2% | −2.7% | +8.4% | +7.0% | +7.9% | −3.1% | −5.7% | +9.2% | +2.8% | +4.9% | +1.0% | +3.0% | +15.6% | +17.7% | −2.1pp |
| 2024 | −0.2% | −5.5% | +19.7% | −0.4% | −2.3% | −1.3% | +6.1% | +0.7% | +0.1% | −2.3% | +4.8% | −0.0% | +18.7% | +24.9% | −6.2pp |
| 2023 | +6.8% | −1.2% | −7.7% | +10.3% | −7.1% | −1.1% | −0.5% | −4.2% | −5.9% | −10.3% | +4.2% | +4.9% | −13.2% | +26.2% | −39.4pp |
| 2022 | +3.4% | +1.0% | +2.3% | +4.9% | −2.3% | −7.4% | +6.9% | −3.1% | −9.4% | +4.5% | +8.2% | −6.4% | +0.8% | −18.2% | +18.9pp |
| 2021 | −2.8% | +14.2% | +3.9% | −6.9% | +2.5% | −4.0% | +2.6% | −5.3% | +9.6% | −6.4% | −3.4% | +7.3% | +9.2% | +28.7% | −19.5pp |
| 2020 | +9.5% | −7.1% | −25.8% | +1.9% | −0.2% | −1.7% | −13.6% | +1.6% | −8.0% | −8.0% | +23.6% | −2.3% | −32.4% | +18.3% | −50.7pp |
| 2019 | +5.4% | +1.1% | +7.5% | +0.1% | −0.3% | +2.9% | −0.1% | +3.1% | +0.8% | +0.8% | +3.1% | −1.1% | +25.4% | +31.2% | −5.8pp |
| 2018 | −6.6% | −0.8% | +3.6% | +4.4% | −8.9% | +4.2% | +2.6% | −3.4% | −1.4% | −5.1% | +5.4% | +1.0% | −5.9% | −4.6% | −1.4pp |
| 2017 | −1.3% | +4.0% | +13.2% | −1.4% | −0.2% | +0.4% | +2.9% | −4.1% | +4.2% | +5.5% | +9.7% | +0.5% | +37.3% | +21.7% | +15.6pp |
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. ENAV.MI 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 ⓘ | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Positive ⓘ | 50% | 50% | 70% | 60% | 30% | 30% | 50% | 50% | 50% | 40% | 80% | 60% |
| Median | +1.6% | +0.1% | +3.7% | +1.0% | −0.3% | −1.5% | +1.2% | −1.2% | −0.7% | −3.7% | +4.5% | +0.8% |
| Best | +9.5% | +14.2% | +19.7% | +10.3% | +8.3% | +4.2% | +6.9% | +9.2% | +9.6% | +5.5% | +23.6% | +7.3% |
| Worst | −15.2% | −7.1% | −25.8% | −6.9% | −8.9% | −7.4% | −13.6% | −5.3% | −9.4% | −10.3% | −6.0% | −6.4% |
| vs SPY ⓘ | −1.8pp | +1.1pp | +2.5pp | +0.6pp | −2.1pp | −3.8pp | −1.8pp | −2.1pp | −1.2pp | −2.5pp | +0.1pp | +0.6pp |
120 monthly observations across 2016–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
