| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | MNTN | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | −22.9% | +6.1% | −9.8% | +7.2% | +0.0% | −2.4% | +3.9% | — | — | — | — | — | −19.9% | +7.5% | −27.5pp |
| 2025 | +2.6% | −2.6% | +0.0% | — | +129.4% | −13.3% | +28.8% | −27.5% | −9.1% | −10.6% | −17.7% | −12.5% | +8.5% | +17.7% | −9.2pp |
| 2024 | −0.2% | +2.6% | −0.3% | +0.6% | +0.2% | +0.1% | −0.2% | +0.2% | +0.9% | +0.2% | +2.3% | −5.6% | +0.5% | +24.9% | −24.3pp |
| 2023 | +0.9% | +0.5% | +1.0% | +0.3% | +1.1% | +0.2% | +0.5% | +0.9% | +0.2% | +0.7% | −0.4% | +0.7% | +6.9% | +26.2% | −19.2pp |
| 2022 · part | — | — | — | — | −0.2% | +0.1% | +0.6% | −0.1% | +0.2% | +0.5% | +0.7% | +0.6% | +2.4% | −18.2% | +20.6pp |
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. MNTN 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.
