Returns use ADJUSTED closes (splits + dividends).
Volume as VALUE TRADED — close × volume, in USD.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | RAND | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | −1.1% | +4.1% | +2.9% | −5.7% | −1.9% | −3.8% | −1.9% | +1.3% | — | — | — | — | −6.3% | +14.5% | −20.7pp |
| 2025 | +14.3% | +2.0% | −15.4% | +1.8% | −13.4% | −0.8% | +13.8% | −10.5% | −10.1% | −5.4% | −1.5% | −11.4% | −34.8% | +17.7% | −52.6pp |
| 2024 | +2.9% | +3.2% | +3.1% | +0.9% | +22.8% | −10.4% | +13.3% | +10.2% | −10.2% | −4.8% | +4.0% | +41.8% | +91.5% | +24.9% | +66.6pp |
| 2023 | +4.6% | +0.6% | −2.9% | −5.1% | +4.9% | −0.7% | +3.5% | +4.2% | −4.4% | −1.2% | −1.5% | +6.0% | +7.5% | +26.2% | −18.7pp |
| 2022 | −13.2% | −1.7% | +5.5% | −0.3% | +0.6% | −2.9% | +0.5% | −1.2% | +2.1% | +1.4% | −3.9% | −4.2% | −17.0% | −18.2% | +1.1pp |
| 2021 | −3.2% | −0.7% | +7.2% | +3.7% | −0.7% | −9.2% | +1.8% | +4.5% | −9.5% | −5.7% | +10.1% | +1.4% | −2.3% | +28.7% | −31.0pp |
| 2020 | +0.1% | −2.7% | −14.3% | +15.1% | −45.0% | −3.7% | −4.0% | +7.3% | −1.8% | +15.1% | −2.2% | +50.2% | −12.9% | +18.3% | −31.2pp |
| 2019 | +20.8% | −3.3% | −2.9% | +1.6% | −5.2% | −4.2% | +2.2% | −7.0% | +0.4% | +11.6% | −1.8% | −2.1% | +7.3% | +31.2% | −23.9pp |
| 2018 | −9.6% | −3.6% | +2.2% | −5.0% | −1.4% | +6.8% | −7.1% | −0.2% | −3.8% | +7.4% | −6.8% | +4.1% | −17.2% | −4.6% | −12.6pp |
| 2017 | +1.3% | −1.6% | −3.5% | −4.6% | −1.1% | −2.7% | +0.7% | +2.5% | +2.8% | +2.7% | −5.3% | +4.8% | −4.5% | +21.7% | −26.2pp |
Month-end over prior month-end; a blank cell is no return.
Basis. Both columns share one basis, so Δ is like-for-like.
End-of-day closes; a “ytd” or “part” year is not a full year.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Years ⓘ | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 22 | 21 | 21 | 21 | 21 |
| Positive ⓘ | 62% | 48% | 48% | 43% | 24% | 14% | 62% | 55% | 48% | 52% | 33% | 52% |
| Median | +0.7% | +0.0% | +0.0% | −0.3% | −2.4% | −3.7% | +1.8% | +1.3% | +0.0% | +0.3% | −1.8% | +0.8% |
| Best | +26.9% | +21.4% | +16.2% | +15.1% | +22.8% | +8.6% | +14.9% | +12.7% | +31.0% | +39.5% | +48.7% | +50.2% |
| Worst | −13.2% | −13.7% | −15.4% | −6.3% | −45.0% | −17.7% | −7.1% | −10.5% | −10.2% | −10.0% | −13.7% | −11.4% |
| vs SPY ⓘ | +0.2pp | +1.3pp | −1.9pp | −2.4pp | −3.8pp | −5.5pp | −1.3pp | +0.1pp | +0.1pp | −2.0pp | −5.8pp | +0.4pp |
253 monthly observations · 2005–2026 · benchmark SPY
