| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | IWML | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +10.1% | +1.1% | −11.0% | +25.6% | +8.2% | −2.3% | +0.5% | — | — | — | — | — | +32.1% | +7.5% | +24.6pp |
| 2025 | +5.3% | −13.6% | −12.3% | −9.7% | +10.1% | +9.5% | +1.7% | +14.3% | +5.5% | +3.3% | +1.1% | −1.5% | +9.6% | +17.7% | −8.1pp |
| 2024 | −7.3% | +10.3% | +6.4% | −13.8% | +9.5% | −2.6% | +19.8% | −3.2% | +0.9% | −3.0% | +21.2% | −15.9% | +15.7% | +24.9% | −9.2pp |
| 2023 | +18.8% | −3.4% | −10.3% | −4.3% | −2.3% | +16.3% | +11.3% | −10.4% | −13.0% | −14.2% | +18.9% | +23.5% | +22.3% | +26.2% | −3.9pp |
| 2022 | −19.2% | +2.5% | +2.1% | −20.2% | +0.6% | −19.2% | +22.3% | −4.1% | −18.4% | +21.8% | +3.3% | −11.9% | −41.8% | −18.2% | −23.6pp |
| 2021 · part | — | — | +1.9% | +3.6% | +0.0% | +3.8% | −7.5% | +4.4% | −5.8% | +8.0% | −8.0% | +4.4% | +3.4% | +28.7% | −25.3pp |
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. IWML 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.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Years ⓘ | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 |
| Positive ⓘ | 60% | 60% | 50% | 33% | 83% | 50% | 83% | 40% | 40% | 60% | 80% | 40% |
| Median | +5.3% | +1.1% | −4.2% | −7.0% | +4.4% | +0.7% | +6.5% | −3.2% | −5.8% | +3.3% | +3.3% | −1.5% |
| Best | +18.8% | +10.3% | +6.4% | +25.6% | +10.1% | +16.3% | +22.3% | +14.3% | +5.5% | +21.8% | +21.2% | +23.5% |
| Worst | −19.2% | −13.6% | −12.3% | −20.2% | −2.3% | −19.2% | −7.5% | −10.4% | −18.4% | −14.2% | −8.0% | −15.9% |
| vs SPY ⓘ | +2.7pp | +2.0pp | −4.4pp | −7.4pp | +1.6pp | +0.1pp | +5.4pp | −0.1pp | −1.2pp | +1.0pp | +0.9pp | −1.6pp |
65 monthly observations across 2021–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
