| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | RVI | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | — | — | +2357.4% | +20.9% | +75.6% | −41.8% | −24.0% | — | — | — | — | — | +2205.6% | +7.5% | +2198.0pp |
| 2022 · part | −50.9% | −1.6% | −1.3% | +2.6% | −65.0% | −1.8% | — | — | — | — | — | — | −83.2% | −18.2% | −65.0pp |
| 2021 | +5.0% | +7.0% | +12.0% | −0.4% | −5.7% | +23.9% | +12.4% | +2.3% | +5.3% | −76.2% | −2.9% | +5.6% | −56.8% | +28.7% | −85.6pp |
| 2020 | −10.7% | −15.5% | −55.9% | +18.1% | −19.9% | +6.6% | +2.4% | +0.4% | −1.1% | −0.6% | +23.2% | −3.4% | −59.6% | +18.3% | −77.9pp |
| 2019 | +18.8% | +2.4% | +0.1% | +7.5% | −4.7% | +9.0% | +8.2% | −1.7% | +0.1% | −1.2% | −3.0% | +3.6% | +43.8% | +31.2% | +12.6pp |
| 2018 · part | — | — | — | — | — | — | +5.7% | +8.1% | −8.5% | −14.3% | +3.5% | −11.7% | −18.1% | −4.6% | −13.5pp |
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. RVI 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 | 5 | 4 | 4 | 4 | 4 | 4 |
| Positive ⓘ | 50% | 50% | 60% | 80% | 20% | 60% | 80% | 75% | 50% | 0% | 50% | 50% |
| Median | −2.9% | +0.4% | +0.1% | +7.5% | −5.7% | +6.6% | +5.7% | +1.3% | −0.5% | −7.7% | +0.3% | +0.1% |
| Best | +18.8% | +7.0% | +2357.4% | +20.9% | +75.6% | +23.9% | +12.4% | +8.1% | +5.3% | −0.6% | +23.2% | +5.6% |
| Worst | −50.9% | −15.5% | −55.9% | −0.4% | −65.0% | −41.8% | −24.0% | −1.7% | −8.5% | −76.2% | −3.0% | −11.7% |
| vs SPY ⓘ | −2.3pp | +0.2pp | −1.7pp | +5.4pp | −6.4pp | +4.9pp | +2.0pp | −0.4pp | +0.4pp | −5.4pp | −0.2pp | −1.1pp |
53 monthly observations across 2018–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
