| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | KEMX | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +11.1% | +10.7% | −11.1% | +15.0% | +11.0% | +1.4% | −8.9% | — | — | — | — | — | +28.8% | +7.5% | +21.3pp |
| 2025 | +2.2% | −2.4% | +0.9% | +2.6% | +5.3% | +7.2% | −0.3% | +1.2% | +6.3% | +6.6% | −0.6% | +4.5% | +38.3% | +17.7% | +20.6pp |
| 2024 | −2.7% | +2.5% | +3.2% | −3.3% | +1.1% | +4.7% | +3.5% | −0.7% | +1.1% | −3.4% | −2.0% | −3.2% | +0.4% | +24.9% | −24.5pp |
| 2023 | +7.8% | −5.0% | +2.6% | +0.2% | +0.9% | +3.9% | +4.2% | −4.8% | −2.8% | −2.1% | +9.9% | +5.4% | +20.6% | +26.2% | −5.6pp |
| 2022 | +0.3% | −3.8% | −0.8% | −7.8% | −0.4% | −11.0% | +3.4% | −1.0% | −10.2% | +4.5% | +11.9% | −4.1% | −19.3% | −18.2% | −1.2pp |
| 2021 | +1.7% | +1.8% | +1.6% | +1.5% | +2.9% | +0.0% | −2.0% | +3.2% | −3.3% | +0.6% | −2.3% | +4.8% | +10.5% | +28.7% | −18.2pp |
| 2020 | −5.7% | −6.9% | −20.5% | +6.8% | +3.7% | +6.4% | +9.3% | −0.7% | +0.0% | −0.8% | +14.9% | +11.1% | +12.8% | +18.3% | −5.5pp |
| 2019 · part | — | — | — | — | −4.3% | +5.3% | −2.5% | −3.7% | +3.2% | +4.4% | −0.6% | +7.3% | +8.7% | +31.2% | −22.5pp |
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. KEMX 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 ⓘ | 7 | 7 | 7 | 7 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 7 |
| Positive ⓘ | 71% | 43% | 57% | 71% | 75% | 88% | 50% | 29% | 57% | 57% | 43% | 71% |
| Median | +1.7% | −2.4% | +0.9% | +1.5% | +2.0% | +4.3% | +1.5% | −0.7% | +0.0% | +0.6% | −0.6% | +4.8% |
| Best | +11.1% | +10.7% | +3.2% | +15.0% | +11.0% | +7.2% | +9.3% | +3.2% | +6.3% | +6.6% | +14.9% | +11.1% |
| Worst | −5.7% | −6.9% | −20.5% | −7.8% | −4.3% | −11.0% | −8.9% | −4.8% | −10.2% | −3.4% | −2.3% | −4.1% |
| vs SPY ⓘ | +1.5pp | −1.0pp | −2.9pp | +0.8pp | −0.1pp | −0.2pp | −3.3pp | −2.1pp | +1.3pp | +0.1pp | −0.8pp | +1.7pp |
87 monthly observations across 2019–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
