Monthly seasonality
Average return per calendar month over the last 10 years, against this year.
Average return per calendar month over the last 10 years, against this year.
Average return per calendar month over the last 10 years, against this year.
Each month's return in 2016–2025, their average and 2026 so far. November averaged −0.90% over 2016–2025, a bearish month.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov (this month) | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ten-year summaryAverage of 2016–2025 | ||||||||||||
Average | Average, January: +2.8%, up | Average, February: +0.8%, up | Average, March: +2.3%, up | Average, April: +2.6%, up | Average, May: +0.1%, up | Average, June: 0.0%, unchanged | Average, July: +2.0%, up | Average, August: +1.3%, up | Average, September: −0.3%, down | Average, October: +1.8%, up | Average, November: −0.9%, down | Average, December: +2.6%, up |
Years up | 7 of 10 | 5 of 10 | 6 of 10 | 7 of 10 | 5 of 10 | 3 of 10 | 8 of 10 | 5 of 10 | 3 of 10 | 6 of 10 | 6 of 10 | 8 of 10 |
Reading | Reading, January: +1, up | Reading, February: +1, up | Reading, March: +1, up | Reading, April: +1, up | Reading, May: +1, up | Reading, June: −1, down | Reading, July: +1, up | Reading, August: +1, up | Reading, September: −1, down | Reading, October: +1, up | Reading, November: −1, down | Reading, December: +1, up |
| 2026 so far | ||||||||||||
2026 so far | 2026 so far, January: +22.5%, up | 2026 so far, February: −3.0%, down | 2026 so far, March: −12.7%, down | 2026 so far, April: +0.9%, up | 2026 so far, May: −1.4%, down | 2026 so far, June: −10.8%, down | 2026 so far, July: +2.2%, up | 2026 so far, August: +8.7%, up | 2026 so far, September: −6.2%, down | 2026 so far, October: −4.5%, down | 2026 so far, November, to date: −1.2%, down | 2026 so far, December: not yet |
| Each year | ||||||||||||
2025 | 2025, January: +7.4%, up | 2025, February: +2.8%, up | 2025, March: +7.3%, up | 2025, April: +7.7%, up | 2025, May: −0.1%, down | 2025, June: −1.5%, down | 2025, July: +0.5%, up | 2025, August: +4.0%, up | 2025, September: +12.3%, up | 2025, October: +5.1%, up | 2025, November: +3.7%, up | 2025, December: +4.2%, up |
2024 | 2024, January: −1.7%, down | 2024, February: +0.1%, up | 2024, March: +9.7%, up | 2024, April: +4.4%, up | 2024, May: +0.6%, up | 2024, June: −1.1%, down | 2024, July: +3.8%, up | 2024, August: +4.6%, up | 2024, September: +5.8%, up | 2024, October: +4.5%, up | 2024, November: −5.3%, down | 2024, December: −1.2%, down |
2023 | 2023, January: +5.5%, up | 2023, February: −5.1%, down | 2023, March: +7.8%, up | 2023, April: +0.8%, up | 2023, May: −1.3%, down | 2023, June: −2.6%, down | 2023, July: +2.7%, up | 2023, August: −0.5%, down | 2023, September: −4.2%, down | 2023, October: +7.0%, up | 2023, November: +2.4%, up | 2023, December: +1.3%, up |
2022 | 2022, January: −1.7%, down | 2022, February: +6.1%, up | 2022, March: +1.5%, up | 2022, April: −2.0%, down | 2022, May: −3.1%, down | 2022, June: −1.7%, down | 2022, July: −2.2%, down | 2022, August: −3.2%, down | 2022, September: −2.8%, down | 2022, October: −1.7%, down | 2022, November: +7.4%, up | 2022, December: +4.0%, up |
2021 | 2021, January: −2.6%, down | 2021, February: −6.1%, down | 2021, March: −1.5%, down | 2021, April: +3.6%, up | 2021, May: +7.8%, up | 2021, June: −7.3%, down | 2021, July: +2.6%, up | 2021, August: 0.0%, unchanged | 2021, September: −3.3%, down | 2021, October: +1.6%, up | 2021, November: +0.1%, up | 2021, December: +2.5%, up |
2020 | 2020, January: +4.6%, up | 2020, February: −0.2%, down | 2020, March: −0.6%, down | 2020, April: +6.9%, up | 2020, May: +2.6%, up | 2020, June: +3.1%, up | 2020, July: +10.7%, up | 2020, August: −0.3%, down | 2020, September: −4.2%, down | 2020, October: −0.4%, down | 2020, November: −5.3%, down | 2020, December: +6.6%, up |
2019 | 2019, January: +3.0%, up | 2019, February: −0.5%, down | 2019, March: −1.7%, down | 2019, April: −0.7%, down | 2019, May: +1.7%, up | 2019, June: +8.0%, up | 2019, July: +0.2%, up | 2019, August: +7.7%, up | 2019, September: −3.2%, down | 2019, October: +2.7%, up | 2019, November: −3.2%, down | 2019, December: +3.7%, up |
2018 | 2018, January: +3.3%, up | 2018, February: −2.1%, down | 2018, March: +0.4%, up | 2018, April: −0.6%, down | 2018, May: −1.2%, down | 2018, June: −3.6%, down | 2018, July: −2.3%, down | 2018, August: −1.9%, down | 2018, September: −0.7%, down | 2018, October: +2.0%, up | 2018, November: +0.5%, up | 2018, December: +4.9%, up |
2017 | 2017, January: +5.2%, up | 2017, February: +2.9%, up | 2017, March: +0.2%, up | 2017, April: +1.5%, up | 2017, May: +0.1%, up | 2017, June: −2.1%, down | 2017, July: +2.1%, up | 2017, August: +4.2%, up | 2017, September: −3.2%, down | 2017, October: −0.7%, down | 2017, November: +0.3%, up | 2017, December: +2.2%, up |
2016 | 2016, January: +5.5%, up | 2016, February: +10.4%, up | 2016, March: −0.3%, down | 2016, April: +4.7%, up | 2016, May: −5.7%, down | 2016, June: +8.5%, up | 2016, July: +1.7%, up | 2016, August: −2.0%, down | 2016, September: +0.2%, up | 2016, October: −1.6%, down | 2016, November: −9.6%, down | 2016, December: −1.8%, down |