| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | TZA | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | −14.5% | −3.0% | +13.8% | −29.3% | −12.7% | +783.9% | +8.7% | — | — | — | — | — | +459.4% | +9.3% | +450.1pp |
| 2025 | −6.9% | +17.5% | +22.0% | −3.1% | −15.3% | −14.8% | −5.1% | −19.6% | −8.7% | −6.1% | −4.0% | +2.0% | −40.2% | +17.7% | −57.9pp |
| 2024 | +12.6% | −16.1% | −9.8% | +23.8% | −13.3% | +4.3% | −26.8% | +2.9% | −2.4% | +4.6% | −28.6% | +29.5% | −32.2% | +24.9% | −57.1pp |
| 2023 | −24.9% | +5.1% | +13.6% | +5.7% | +2.5% | −21.4% | −16.3% | +18.1% | +20.5% | +23.0% | −24.6% | −30.2% | −41.2% | +26.2% | −67.4pp |
| 2022 | +30.4% | −6.1% | −7.5% | +32.2% | −6.3% | +22.9% | −27.5% | +3.9% | +31.0% | −29.9% | −10.0% | +21.2% | +30.2% | −18.2% | +48.4pp |
| 2021 | −15.6% | −19.3% | −9.1% | −6.8% | −3.3% | −6.6% | +9.1% | −8.1% | +7.3% | −13.0% | +11.5% | −9.7% | −50.8% | +28.7% | −79.5pp |
| 2020 · part | — | — | — | — | — | — | −10.8% | −15.7% | +6.3% | −8.7% | −42.0% | −23.5% | −67.6% | +18.3% | −85.9pp |
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. TZA 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 ⓘ | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 6 | 6 | 6 | 6 | 6 |
| Positive ⓘ | 33% | 33% | 50% | 50% | 17% | 50% | 29% | 50% | 67% | 33% | 17% | 50% |
| Median | −10.7% | −4.5% | +3.1% | +1.3% | −9.5% | −1.1% | −10.8% | −2.6% | +6.8% | −7.4% | −17.3% | −3.8% |
| Best | +30.4% | +17.5% | +22.0% | +32.2% | +2.5% | +783.9% | +9.1% | +18.1% | +31.0% | +23.0% | +11.5% | +29.5% |
| Worst | −24.9% | −19.3% | −9.8% | −29.3% | −15.3% | −21.4% | −27.5% | −19.6% | −8.7% | −29.9% | −42.0% | −30.2% |
| vs SPY ⓘ | −12.1pp | −2.6pp | −0.7pp | +1.0pp | −12.2pp | −4.0pp | −16.7pp | −5.2pp | +11.0pp | −7.3pp | −24.6pp | −6.2pp |
73 monthly observations across 2020–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
