Returns use ADJUSTED closes (splits + dividends).
Volume as VALUE TRADED — close × volume, in USD.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | IVW | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +0.5% | −3.5% | −5.3% | +14.8% | +8.1% | −1.9% | −1.7% | +3.5% | — | — | — | — | +13.8% | +13.4% | +0.4pp |
| 2025 | +2.6% | −2.9% | −8.1% | +2.0% | +9.4% | +6.4% | +3.5% | +0.9% | +5.2% | +3.4% | −0.9% | −0.2% | +21.9% | +17.7% | +4.2pp |
| 2024 | +2.8% | +7.2% | +2.1% | −3.8% | +6.6% | +6.9% | −1.4% | +2.2% | +2.8% | −0.7% | +6.2% | +0.7% | +35.8% | +24.9% | +10.9pp |
| 2023 | +5.6% | −2.0% | +5.8% | +1.5% | +2.5% | +6.2% | +3.1% | −0.7% | −4.9% | −2.4% | +8.7% | +3.8% | +29.8% | +26.2% | +3.7pp |
| 2022 | −8.4% | −4.4% | +4.5% | −12.6% | −1.3% | −8.3% | +12.8% | −5.4% | −9.9% | +4.4% | +5.1% | −7.6% | −29.5% | −18.2% | −11.3pp |
| 2021 | −0.5% | −0.1% | +2.8% | +6.8% | −0.9% | +5.6% | +3.8% | +4.1% | −5.8% | +9.1% | +1.3% | +2.5% | +31.8% | +28.7% | +3.1pp |
| 2020 | +2.3% | −6.8% | −10.3% | +14.3% | +6.0% | +4.1% | +4.0% | +12.7% | −4.8% | −2.8% | +9.5% | +4.0% | +33.2% | +18.3% | +14.9pp |
| 2019 | +7.4% | +4.1% | +2.7% | +3.9% | −5.3% | +6.1% | +1.2% | −0.8% | +0.4% | +1.7% | +3.4% | +2.9% | +30.8% | +31.2% | −0.5pp |
| 2018 | +7.1% | −2.1% | −3.0% | +0.2% | +4.3% | +0.6% | +3.4% | +4.8% | +0.8% | −8.1% | +1.4% | −8.5% | −0.2% | −4.6% | +4.4pp |
| 2017 | +2.9% | +4.1% | +1.2% | +2.0% | +2.8% | −0.4% | +2.6% | +1.4% | +1.1% | +3.3% | +2.7% | +0.7% | +27.2% | +21.7% | +5.5pp |
Month-end over prior month-end; a blank cell is no return.
Basis. Both columns share one basis, so Δ is like-for-like.
End-of-day closes; a “ytd” or “part” year is not a full year.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Years ⓘ | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 22 | 21 | 21 | 21 | 21 |
| Positive ⓘ | 62% | 43% | 67% | 76% | 67% | 48% | 71% | 59% | 62% | 57% | 81% | 67% |
| Median | +1.5% | −0.1% | +1.2% | +2.0% | +2.5% | −0.1% | +3.1% | +1.5% | +0.5% | +2.0% | +1.9% | +0.7% |
| Best | +7.4% | +7.2% | +7.8% | +14.8% | +9.4% | +6.9% | +12.8% | +12.7% | +10.1% | +10.5% | +9.5% | +5.4% |
| Worst | −8.5% | −8.8% | −10.3% | −12.6% | −8.0% | −8.3% | −2.9% | −6.1% | −9.9% | −16.5% | −6.1% | −8.5% |
| vs SPY ⓘ | −0.2pp | +0.1pp | −0.1pp | +0.1pp | +0.8pp | +0.1pp | +0.1pp | +0.3pp | +0.2pp | +0.2pp | −0.2pp | −0.3pp |
253 monthly observations · 2005–2026 · benchmark SPY
