Returns use ADJUSTED closes (splits + dividends).
The SMCWX volume pane opens with the next volume build.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | SMCWX | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +3.5% | +4.2% | −8.3% | +11.2% | +2.6% | +4.0% | −6.0% | +4.4% | — | — | — | — | +15.2% | +13.4% | +1.8pp |
| 2025 | +2.5% | −4.6% | −4.5% | +2.0% | +6.4% | +1.9% | +3.7% | +3.2% | +0.7% | +0.6% | +1.6% | +0.1% | +14.0% | +17.7% | −3.7pp |
| 2024 | −3.1% | +4.8% | +1.9% | −5.5% | +3.5% | −0.7% | +3.8% | +0.7% | +1.8% | −3.2% | +4.6% | −5.5% | +2.3% | +24.9% | −22.6pp |
| 2023 | +9.8% | −2.2% | −0.9% | +0.6% | −1.4% | +6.0% | +3.6% | −3.8% | −5.8% | −5.8% | +10.3% | +8.9% | +18.9% | +26.2% | −7.3pp |
| 2022 | −11.9% | −2.6% | −1.6% | −9.7% | −1.5% | −9.3% | +8.1% | −3.2% | −8.9% | +5.6% | +6.7% | −4.2% | −29.9% | −18.2% | −11.7pp |
| 2021 | +0.8% | +3.5% | −1.0% | +6.3% | −0.7% | +2.1% | −0.0% | +4.0% | −4.1% | +3.6% | −5.5% | +1.5% | +10.1% | +28.7% | −18.6pp |
| 2020 | −0.9% | −5.4% | −17.4% | +14.1% | +11.5% | +3.6% | +5.5% | +5.0% | −0.5% | −1.1% | +13.0% | +7.4% | +35.2% | +18.3% | +16.9pp |
| 2019 | +9.0% | +4.5% | +1.3% | +3.1% | −3.8% | +5.1% | +0.7% | −2.0% | −0.8% | +2.6% | +5.4% | −1.5% | +25.4% | +31.2% | −5.8pp |
| 2018 | +4.8% | −3.5% | +0.1% | +0.2% | +3.2% | −0.4% | +1.0% | +3.6% | −1.4% | −10.6% | +1.5% | −14.1% | −15.9% | −4.6% | −11.4pp |
| 2017 | +4.0% | +2.6% | +1.6% | +2.6% | +1.7% | +1.3% | +1.8% | +0.8% | +2.8% | +1.6% | +2.2% | −3.4% | +21.4% | +21.7% | −0.3pp |
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 ⓘ | 16 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 16 | 16 | 16 | 16 |
| Positive ⓘ | 56% | 65% | 59% | 82% | 59% | 53% | 71% | 59% | 44% | 63% | 81% | 50% |
| Median | +1.7% | +2.3% | +1.1% | +1.8% | +1.7% | +1.3% | +1.8% | +0.8% | −0.6% | +1.6% | +1.6% | +0.0% |
| Best | +9.8% | +5.8% | +7.4% | +14.1% | +11.5% | +6.0% | +8.1% | +5.0% | +11.7% | +10.0% | +13.0% | +8.9% |
| Worst | −11.9% | −5.4% | −17.4% | −9.7% | −8.5% | −9.3% | −6.0% | −9.0% | −12.1% | −10.6% | −5.5% | −14.1% |
| vs SPY ⓘ | +0.5pp | +0.1pp | −1.2pp | +0.8pp | −0.0pp | −0.4pp | −0.4pp | +0.4pp | +0.0pp | −1.8pp | −0.4pp | −0.6pp |
199 monthly observations · 2010–2026 · benchmark SPY
