| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | VALQ | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +3.7% | +1.0% | −5.9% | +2.8% | +4.0% | +0.3% | +0.5% | — | — | — | — | — | +6.3% | +7.5% | −1.2pp |
| 2025 | +4.1% | −0.5% | −3.4% | −2.8% | +2.6% | +2.9% | −1.1% | +4.2% | +1.3% | −0.3% | +1.9% | +1.5% | +10.6% | +17.7% | −7.1pp |
| 2024 | +2.3% | +3.4% | +4.1% | −6.1% | +3.5% | +0.5% | +3.9% | +3.3% | +2.4% | −2.3% | +6.4% | −5.2% | +16.7% | +24.9% | −8.2pp |
| 2023 | +4.4% | −3.1% | +0.2% | −0.1% | −3.0% | +7.7% | +1.8% | −0.5% | −3.1% | −2.7% | +7.2% | +5.2% | +13.9% | +26.2% | −12.3pp |
| 2022 | −3.3% | −1.3% | +3.5% | −4.1% | +3.1% | −10.0% | +5.8% | −3.6% | −9.7% | +11.2% | +6.9% | −4.1% | −7.7% | −18.2% | +10.4pp |
| 2021 | +0.2% | +4.3% | +7.3% | +4.1% | +1.8% | −0.6% | +2.1% | +2.2% | −5.2% | +3.1% | −1.0% | +6.5% | +27.0% | +28.7% | −1.7pp |
| 2020 · part | — | — | — | — | — | — | +3.1% | +4.5% | −2.4% | −2.3% | +11.8% | +3.4% | +18.7% | +18.3% | +0.4pp |
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. VALQ 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.
