| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | VBNK | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +3.7% | +6.4% | −14.1% | +26.5% | +0.7% | +28.7% | −16.7% | — | — | — | — | — | +29.4% | +7.5% | +21.9pp |
| 2025 | +0.1% | −9.8% | −17.1% | +7.1% | +5.0% | −2.0% | +3.8% | −7.2% | +11.3% | −2.6% | +1.9% | +23.8% | +8.8% | +17.7% | −8.9pp |
| 2024 | +3.2% | +5.1% | −10.5% | −5.0% | −3.4% | +10.8% | +12.8% | +11.4% | −1.6% | +13.1% | +19.9% | −23.0% | +27.3% | +24.9% | +2.4pp |
| 2023 | +3.9% | −4.4% | −1.2% | −0.0% | −4.5% | +8.0% | +17.4% | −3.7% | −8.1% | −2.4% | +2.5% | +39.6% | +46.9% | +26.2% | +20.8pp |
| 2022 | −1.9% | −1.6% | −0.6% | −10.2% | −10.5% | −20.4% | +2.2% | −0.1% | −5.8% | −0.4% | −3.7% | +12.6% | −36.2% | −18.2% | −18.0pp |
| 2021 · part | — | — | — | — | — | — | — | — | — | — | — | −6.8% | −6.8% | +28.7% | −35.5pp |
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. VBNK 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.
