| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | NCPL | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +7.9% | −28.2% | −36.8% | +16.4% | +192.6% | −51.3% | −30.7% | — | — | — | — | — | −43.7% | +7.5% | −51.2pp |
| 2025 | −1.0% | −1.5% | −16.3% | +18.8% | +32.2% | +156.9% | −50.6% | −41.0% | +20.0% | −9.6% | −57.6% | −28.3% | −68.3% | +17.7% | −86.0pp |
| 2024 | −16.6% | −18.1% | −14.1% | +6.5% | −2.4% | −15.8% | −36.5% | −34.6% | −49.8% | −3.8% | +24.8% | +8.9% | −86.0% | +24.9% | −110.9pp |
| 2023 | −11.3% | −15.0% | −12.0% | +36.8% | +7.4% | −24.1% | −38.6% | −26.5% | −18.0% | −1.9% | −20.5% | −33.7% | −85.9% | +26.2% | −112.0pp |
| 2022 | — | — | — | — | — | — | −80.0% | +24.0% | −49.7% | −4.3% | −25.7% | +12.8% | −90.0% | −18.2% | −71.8pp |
| 2021 · part | — | — | +21.7% | +5.0% | +8.7% | +11.2% | +7.9% | −12.3% | −25.9% | +10.3% | −11.6% | +57.9% | +66.7% | +28.7% | +37.9pp |
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. NCPL 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.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Years ⓘ | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 5 | 5 | 5 | 5 | 5 |
| Positive ⓘ | 25% | 0% | 20% | 100% | 80% | 40% | 17% | 20% | 20% | 20% | 20% | 60% |
| Median | −6.1% | −16.6% | −14.1% | +16.4% | +8.7% | −15.8% | −37.6% | −26.5% | −25.9% | −3.8% | −20.5% | +8.9% |
| Best | +7.9% | −1.5% | +21.7% | +36.8% | +192.6% | +156.9% | +7.9% | +24.0% | +20.0% | +10.3% | +24.8% | +57.9% |
| Worst | −16.6% | −28.2% | −36.8% | +5.0% | −2.4% | −51.3% | −80.0% | −41.0% | −49.8% | −9.6% | −57.6% | −33.7% |
| vs SPY ⓘ | −10.6pp | −17.9pp | −15.7pp | +10.5pp | +8.0pp | −19.3pp | −39.8pp | −24.8pp | −21.2pp | −2.9pp | −29.6pp | +11.3pp |
59 monthly observations across 2021–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
