| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | IVPAF | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +11.4% | −10.1% | −25.4% | −4.8% | +9.6% | −11.7% | −3.2% | — | — | — | — | — | −33.4% | +7.5% | −40.9pp |
| 2025 | −9.3% | −11.7% | −10.3% | +3.9% | −12.2% | −3.1% | +4.0% | +13.2% | +20.4% | −5.9% | +4.4% | +9.0% | −3.8% | +17.7% | −21.5pp |
| 2024 | +8.6% | +1.1% | +12.3% | +13.3% | +6.9% | −10.9% | +1.6% | +1.9% | +11.6% | −11.2% | +3.0% | −12.9% | +22.3% | +24.9% | −2.6pp |
| 2023 | +18.7% | −10.8% | +8.1% | −4.3% | −15.4% | +24.5% | +16.3% | −15.8% | −2.9% | −15.2% | +20.8% | +9.0% | +22.6% | +26.2% | −3.6pp |
| 2022 | +4.4% | +18.2% | −7.5% | −14.5% | −4.9% | −24.9% | +8.6% | +3.4% | +0.2% | +7.8% | +28.9% | −11.5% | −3.7% | −18.2% | +14.5pp |
| 2021 | −12.0% | +29.8% | −15.9% | +35.9% | +4.7% | −2.3% | +3.1% | +8.6% | −20.8% | +22.8% | +0.8% | +3.7% | +52.0% | +28.7% | +23.2pp |
| 2020 | −21.8% | −9.6% | −28.4% | +26.2% | +5.7% | +28.4% | +23.4% | +12.3% | −7.8% | +7.8% | +19.0% | +15.6% | +64.2% | +18.3% | +45.9pp |
| 2019 | +25.6% | +20.8% | −8.0% | +0.6% | −0.6% | +33.0% | −1.1% | −11.6% | −6.7% | −4.7% | +5.8% | +25.4% | +91.1% | +31.2% | +59.9pp |
| 2018 | −14.3% | −12.6% | −16.5% | −0.8% | +21.2% | −18.5% | −3.2% | −10.1% | +19.6% | −12.5% | +4.7% | −12.3% | −48.7% | −4.6% | −44.1pp |
| 2017 | +61.6% | −6.0% | +20.2% | +1.5% | −18.8% | +12.6% | +23.3% | −7.9% | −12.7% | +13.6% | −6.3% | −1.4% | +76.3% | +21.7% | +54.6pp |
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. IVPAF 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.
