| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | PCR | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | −1.8% | −11.8% | −1.3% | +6.4% | −5.6% | −1.4% | −4.1% | — | — | — | — | — | −18.8% | +9.3% | −28.1pp |
| 2025 · part | — | — | — | — | — | — | — | — | — | −2.6% | −0.7% | −4.1% | −7.2% | +17.7% | −25.0pp |
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. PCR 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 ⓘ | 1 | 1 | 1 | 1 | 1 | 1 | 1 | — | — | 1 | 1 | 1 |
| Positive ⓘ | 0% | 0% | 0% | 100% | 0% | 0% | 0% | — | — | 0% | 0% | 0% |
| Median | −1.8% | −11.8% | −1.3% | +6.4% | −5.6% | −1.4% | −4.1% | — | — | −2.6% | −0.7% | −4.1% |
| Best | −1.8% | −11.8% | −1.3% | +6.4% | −5.6% | −1.4% | −4.1% | — | — | −2.6% | −0.7% | −4.1% |
| Worst | −1.8% | −11.8% | −1.3% | +6.4% | −5.6% | −1.4% | −4.1% | — | — | −2.6% | −0.7% | −4.1% |
| vs SPY ⓘ | −3.2pp | −10.9pp | +3.6pp | −4.1pp | −10.9pp | −0.4pp | −3.4pp | — | — | −5.0pp | −0.9pp | −4.2pp |
10 monthly observations across 2025–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
