| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | LION | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +3.4% | −4.7% | +6.6% | +29.7% | +15.4% | +6.7% | −14.7% | — | — | — | — | — | +43.0% | +7.5% | +35.5pp |
| 2025 | −5.7% | +18.8% | −12.3% | −2.1% | −1.1% | −19.6% | +1.9% | +8.6% | +7.3% | −6.8% | +16.0% | +22.4% | +20.1% | +17.7% | +2.4pp |
| 2024 | — | — | — | — | −17.7% | −3.2% | −10.3% | −5.0% | +4.1% | −3.8% | +5.1% | +5.1% | −24.9% | +24.9% | −49.8pp |
| 2023 · part | −0.3% | −24.5% | +32.0% | — | — | — | — | — | — | — | — | — | −0.7% | +26.2% | −26.9pp |
| 2022 | — | — | −67.9% | +0.2% | −0.1% | +0.2% | +0.5% | +0.2% | +0.5% | +0.4% | +0.4% | +0.2% | −67.1% | −18.2% | −48.9pp |
| 2019 · part | +17.1% | +7.0% | −15.9% | +6.3% | −3.2% | +9.9% | — | — | — | — | — | — | +19.0% | +31.2% | −12.2pp |
| 2018 | +9.9% | −6.1% | +2.5% | −1.5% | +7.4% | +4.1% | −5.8% | +1.5% | +2.0% | −6.3% | +2.2% | +9.7% | +19.4% | −4.6% | +23.9pp |
| 2017 | −1.8% | +1.4% | −5.0% | +0.6% | −5.0% | +6.9% | −7.9% | +3.8% | +8.1% | −7.2% | +0.5% | −1.1% | −7.9% | +21.7% | −29.6pp |
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. LION 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.
