| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | PAX | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | −8.1% | −9.2% | −4.0% | +2.5% | −8.9% | −5.3% | −0.1% | — | — | — | — | — | −29.2% | +9.3% | −38.5pp |
| 2025 | +2.2% | −3.5% | −0.4% | −7.2% | +23.0% | +10.4% | −0.8% | −1.9% | +7.8% | −0.2% | +4.5% | +5.4% | +43.1% | +17.7% | +25.3pp |
| 2024 | −8.0% | +7.1% | −0.4% | −9.7% | −1.7% | −7.2% | +7.9% | −10.3% | −3.0% | +4.2% | +4.1% | −2.8% | −20.0% | +24.9% | −44.9pp |
| 2023 | +10.8% | +4.8% | −6.7% | +0.2% | +1.0% | −3.1% | +6.4% | −3.7% | +1.1% | −11.6% | +11.4% | +9.5% | +18.9% | +26.2% | −7.3pp |
| 2022 | +4.9% | −2.4% | +8.3% | −8.4% | +0.9% | −18.6% | +9.0% | +0.3% | −8.6% | +9.0% | −2.8% | +2.1% | −9.9% | −18.2% | +8.2pp |
| 2021 · part | — | — | −10.0% | −20.5% | +22.1% | +4.9% | −11.2% | +5.3% | +2.0% | +5.1% | −0.5% | −4.4% | −12.6% | +28.7% | −41.3pp |
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. PAX 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% | 40% | 17% | 33% | 67% | 33% | 50% | 40% | 60% | 60% | 60% | 60% |
| Median | +2.2% | −2.4% | −2.2% | −7.8% | +0.9% | −4.2% | +3.2% | −1.9% | +1.1% | +4.2% | +4.1% | +2.1% |
| Best | +10.8% | +7.1% | +8.3% | +2.5% | +23.0% | +10.4% | +9.0% | +5.3% | +7.8% | +9.0% | +11.4% | +9.5% |
| Worst | −8.1% | −9.2% | −10.0% | −20.5% | −8.9% | −18.6% | −11.2% | −10.3% | −8.6% | −11.6% | −2.8% | −4.4% |
| vs SPY ⓘ | −0.5pp | +0.6pp | −1.3pp | −6.0pp | +0.6pp | −6.9pp | +0.2pp | −2.0pp | +4.3pp | −1.9pp | +0.3pp | +5.0pp |
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.
