S&P 500

Monthly Returns (%)
Years Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1927 0 0 0 0 0 0 0 0 0 0 0 0 0
1928 -27.8 -1.8 11.7 2.4 1.3 -4.3 1.5 7.4 1.3 2.6 12 0.3 37.9
1929 20 -0.6 -0.2 1.6 -4.3 10.4 5.4 9.8 -4.9 -19.9 -13.4 2.5 -11.9
1930 48.6 2.2 3.7 3.1 -1.7 -16.5 3.7 0.8 -13 -8.9 -3.3 -6.4 -28.5
1931 99.4 11.4 -7.4 -9.6 -13.7 13.9 -7.4 1 -29.9 7.4 -8.9 -14.5 -47.1
1932 14.7 4.4 -11.8 -20.3 -23.3 -0.9 36.1 39.1 -3.7 -13.9 -5.9 5.7 -14.8
1933 -30.4 -18.4 3.4 33.9 23.1 13.2 -8.8 11.5 -12.4 -7.8 10.3 0.9 44.1
1934 17.6 -3.7 -1.3 -1.5 -8.1 2.1 -11.5 5.4 -0.8 -3 8.3 -0.4 -4.7
1935 -32.2 -4 -3.3 9.8 3.2 6.9 8.2 1.4 3.1 7.5 3.9 3.8 41.4
1936 -16.7 2 2.2 -7.7 4.6 3.1 6.8 0.9 0.1 7.6 0.3 -0.6 27.9
1937 68.4 1.6 -0.8 -8.3 -1 -5.3 8.9 -4.4 -14.2 -10.3 -10 -5 -38.6
1938 -18.7 6.1 -25 15.1 -5.2 24.7 6.7 -2.2 1.5 7.6 -3.3 3.2 24.6
1939 -1.3 3.3 -13.5 -0.5 6.1 -6.4 10.9 -7.1 14.4 0.3 -4.9 2.1 -5.2
1940 13.9 0.7 0.4 0.1 -24 7.7 3.1 2 1.5 3.9 -4.6 0.1 -15.1
1941 15.9 -1.5 0.4 -6.5 0.8 5 5.5 -1.1 -0.8 -6.9 -4 -4.7 -17.9
1942 -9.4 -2.9 -6.8 -4.4 6.4 1.8 3.1 0.7 2.7 5.8 -0.8 5.2 12.4
1943 -10.5 5.1 5.6 0.1 4 2.5 -4.1 -0.4 2.4 -1.4 -7.5 5.9 19.5
1944 -10.8 -0.3 1.7 -1.3 4 5.1 -2.1 0.9 -0.6 0.3 0.4 3.5 13.8
1945 -22.4 6.2 -4.8 9 1.2 -0.9 -1.4 5.8 3.5 3.7 3.2 1 30.7
1946 21.4 -7 4.4 4 2.2 -3.9 -2.6 -7.3 -10.2 -0.8 -1.1 4.2 -11.9
1947 2.4 -1.5 -1.7 -3.9 -0.9 5.3 3.6 -2.8 -1.4 2.1 -2.9 2.1 0
1948 -3.4 -5.1 8.3 2.7 7.8 0.3 -5.3 0.8 -3 6.5 -10.6 3.1 -0.7
1949 -9.4 -3.9 3 -2.3 -3.5 -0.2 6.2 1.2 2.4 3 0.1 4.6 10.5
1950 -16.5 1 0.4 3.9 4.6 -5.8 0.9 3.3 5.6 0.4 -0.1 4.7 21.7
1951 -8.9 0.7 -1.5 4.4 -4.1 -2.6 6.9 3.9 -0.1 -1.4 -0.3 3.9 16.4
1952 -9.2 -3.7 4.8 -4.3 2.3 4.6 1.8 -1.5 -2 -0.1 4.7 3.6 11.8
1953 6.3 -1.8 -2.4 -2.7 -0.3 -1.6 2.5 -5.8 0.1 5.1 0.9 0.2 -6.6
1954 -27.5 0.3 3 4.9 3.3 0.1 5.7 -3.4 8.3 -2 8.1 5.1 45
1955 -19.5 0.4 -0.5 3.8 -0.1 8.2 6.1 -0.8 1.1 -3.1 7.5 -0.1 26.4
1956 -6.1 3.5 6.9 -0.2 -6.6 3.9 5.2 -3.8 -4.6 0.5 -1.1 3.5 2.6
1957 11.8 -3.3 2 3.7 3.7 -0.1 1.1 -5.6 -6.2 -3.2 1.6 -4.2 -14.3
1958 -24.5 -2.1 3.1 3.2 1.5 2.6 4.3 1.2 4.8 2.5 2.2 5.2 38.1
1959 -7.4 -0.1 0.1 3.9 1.9 -0.4 3.5 -1.5 -4.6 1.1 1.3 2.8 8.5
1960 -4.3 0.9 -1.4 -1.8 2.7 2 -2.5 2.6 -6 -0.2 4 4.6 -3
1961 -13.7 2.7 2.6 0.4 1.9 -2.9 3.3 2 -2 2.8 3.9 0.3 23.1
1962 9.1 1.6 -0.6 -6.2 -8.6 -8.2 6.4 1.5 -4.8 0.4 10.2 1.4 -11.8
1963 -11.8 -2.9 3.6 4.9 1.4 -2 -0.4 4.9 -1.1 3.2 -1.1 2.4 18.9
1964 -9.1 1 1.5 0.6 1.2 1.6 1.8 -1.6 2.9 0.8 -0.5 0.4 13
1965 -5.3 -0.2 -1.5 3.4 -0.8 -4.9 1.3 2.3 3.2 2.7 -0.9 0.9 9.1
1966 15.6 -1.8 -2.2 2.1 -5.4 -1.6 -1.4 -7.8 -0.7 4.8 0.3 -0.2 -13.1
1967 -10.2 0.2 3.9 4.2 -5.2 1.8 4.5 -1.2 3.3 -3.5 0.8 2.6 20.1
1968 -11.2 -3.1 0.9 8.1 1.3 0.9 -1.9 1.2 3.9 0.7 4.8 -4.2 7.7
1969 11.9 -4.7 3.4 2.2 -0.2 -5.6 -6 4 -2.5 4.3 -3.4 -1.9 -11.4
1970 -7.7 5.3 0.2 -9.1 -6.1 -5 7.3 4.5 3.4 -1.3 4.7 5.7 0.1
1971 -6.1 0.9 3.7 3.6 -4.2 -0.9 -3.2 3.6 -0.7 -4.2 -0.3 8.6 10.8
1972 -12 2.5 0.6 0.4 1.7 -2.2 0.2 3.5 -0.5 0.9 4.6 1.2 15.6
1973 18.9 -3.8 -0.1 -4.1 -1.9 -0.7 3.8 -3.7 4 -0.1 -11.4 1.7 -17.4
1974 40.9 -0.4 -2.3 -3.9 -3.4 -1.5 -7.8 -9 -11.9 16.3 -5.3 -2 -29.7
1975 -14.7 6 2.2 4.7 4.4 4.4 -6.8 -2.1 -3.5 6.2 2.5 -1.2 31.6
1976 -6.1 -1.1 3.1 -1.1 -1.4 4.1 -0.8 -0.5 2.3 -2.2 -0.8 5.3 19.2
1977 7.3 -2.2 -1.4 0 -2.4 4.5 -1.6 -2.1 -0.3 -4.3 2.7 0.3 -11.5
1978 -7.1 -2.5 2.5 8.5 0.4 -1.8 5.4 2.6 -0.7 -9.2 1.7 1.5 1.1
1979 -7.4 -3.7 5.5 0.2 -2.6 3.9 0.9 5.3 0 -6.9 4.3 1.7 12.3
1980 -15.9 -0.4 -10.2 4.1 4.7 2.7 6.5 0.6 2.5 1.6 10.2 -3.4 25.8
1981 5.7 1.3 3.6 -2.4 -0.2 -1 -0.2 -6.2 -5.4 4.9 3.7 -3 -9.7
1982 -14.4 -6.1 -1 4 -3.9 -2 -2.3 11.6 0.8 11 3.6 1.5 14.8
1983 -11.9 1.9 3.3 7.5 -1.2 3.2 -3 1.1 1 -1.5 1.7 -0.9 17.3
1984 -2.3 -3.9 1.4 0.6 -5.9 1.8 -1.7 10.6 -0.4 -0 -1.5 2.2 1.4
1985 -15 0.9 -0.3 -0.5 5.4 1.2 -0.5 -1.2 -3.5 4.3 6.5 4.5 26.3
1986 -12.6 7.2 5.3 -1.4 5 1.4 -5.9 7.1 -8.5 5.5 2.2 -2.8 14.6
1987 10.9 3.7 2.6 -1.2 0.6 4.8 4.8 3.5 -2.4 -21.8 -8.5 7.3 2
1988 -7.4 4.2 -3.3 0.9 0.3 4.3 -0.5 -3.9 4 2.6 -1.9 1.5 12.4
1989 -15.8 -2.9 2.1 5 3.5 -0.8 8.8 1.6 -0.7 -2.5 1.7 2.1 27.3
1990 -0.4 0.9 2.4 -2.7 9.2 -0.9 -0.5 -9.4 -5.1 -0.7 6 2.5 -6.6
1991 -17.5 6.7 2.2 0 3.9 -4.8 4.5 2 -1.9 1.2 -4.4 11.2 26.3
1992 -6.2 1 -2.2 2.8 0.1 -1.7 3.9 -2.4 0.9 0.2 3 1 4.5
1993 -5.9 1.1 1.9 -2.5 2.3 0.1 -0.5 3.4 -1 1.9 -1.3 1 7.1
1994 4.9 -3 -4.6 1.2 1.2 -2.7 3.2 3.8 -2.7 2.1 -4 1.2 -1.5
1995 -23.6 3.6 2.7 2.8 3.6 2.1 3.2 -0 4 -0.5 4.1 1.7 34.1
1996 -14.1 0.7 0.8 1.3 2.3 0.2 -4.6 1.9 5.4 2.6 7.3 -2.2 20.3
1997 -19 0.6 -4.3 5.8 5.9 4.4 7.8 -5.8 5.3 -3.5 4.5 1.6 31
1998 -20.3 7 5 0.9 -1.9 3.9 -1.2 -14.6 6.2 8 5.9 5.6 26.7
1999 -12.9 -3.2 3.9 3.8 -2.5 5.4 -3.2 -0.6 -2.9 6.3 1.9 5.8 19.5
2000 5.6 -2 9.7 -3.1 -2.2 2.4 -1.6 6.1 -5.4 -0.5 -8 0.4 -10.1
2001 19 -9.2 -6.4 7.7 0.5 -2.5 -1.1 -6.4 -8.2 1.8 7.5 0.8 -13
2002 28.5 -2.1 3.7 -6.1 -0.9 -7.3 -7.9 0.5 -11 8.6 5.7 -6 -23.4
2003 -23 -1.7 0.8 8.1 5.1 1.1 1.6 1.8 -1.2 5.5 0.7 5.1 26.4
2004 -6.7 1.2 -1.6 -1.7 1.2 1.8 -3.4 0.2 0.9 1.4 3.9 3.3 9
2005 -2.5 1.9 -1.9 -2 3 -0 3.6 -1.1 0.7 -1.8 3.5 -0.1 3
2006 2.6 0.1 1.1 1.2 -3.1 0 0.5 2.1 2.5 3.2 1.7 1.3 13.6
2007 1.4 -2.2 1 4.3 3.3 -1.8 -3.2 1.3 3.6 1.5 -4.4 -0.9 3.5
2008 -6.1 -3.5 -0.6 4.8 1.1 -8.6 -1 1.2 -9.1 -16.9 -7.5 0.8 -38.5
2009 -8.6 -11 8.5 9.4 5.3 0 7.4 3.4 3.6 -2 5.7 1.8 23.5
2010 -3.7 2.9 5.9 1.5 -8.2 -5.4 6.9 -4.7 8.8 3.7 -0.2 6.5 12.8
2011 2.3 3.2 -0.1 2.9 -1.4 -1.8 -2.2 -5.7 -7.2 10.8 -0.5 0.9 -0
2012 4.4 4.1 3.1 -0.8 -6.3 4 1.3 2 2.4 -2 0.3 0.7 13.4
2013 5 1.1 3.6 1.8 2.1 -1.5 5 -3.1 3 4.5 2.8 2.4 29.6
2014 -3.6 4.3 0.7 0.6 2.1 1.9 -1.5 3.8 -1.6 2.3 2.5 -0.4 11.4
2015 -3.1 5.5 -1.7 0.9 1.1 -2.1 2 -6.3 -2.6 8.3 0.1 -1.8 -0.7
2016 -5.1 -0.4 6.6 0.3 1.5 0.1 3.6 -0.1 -0.1 -1.9 3.4 1.8 9.5
2017 1.8 3.7 -0 0.9 1.2 0.5 1.9 0.1 1.9 2.2 2.8 1 19.4
2018 5.6 -3.9 -2.7 0.3 2.2 0.5 3.6 3 0.4 -6.9 1.8 -9.2 -6.2
2019 7.9 3 1.6 4.1 -6.5 6.5 1.7 -1.8 1.7 2 3.5 2.8 28.9
2020 -0.2 -10.8 -10.2 12.7 4.5 1 6.4 7 -3.7 -3 10.8 3.7 16.2
2021 -1.1 2.6 4.6 4.8 0.6 2.2 2.3 2.9 -4.8 6.9 -0.8 4.4 26.9
2022 -5.3 -3.1 3.6 -8.8 0 -8.4 9.1 -4.2 -9.3 8 5.4 -5.9 -19.4
2023 6.2 -2.6 3.5 1.5 0.3 6.5 3.1 -1.8 -4.9 -2.2 8.9 4.4 24.2
2024 1.6 5.2 3.1 -4.2 4.8 3.5 1.1 2.3 2 -1 5.7 -2.5 23.3
2025 2.7 -1.4 -5.8 -0.8 6.2 5 2.2 1.9 3.5 2.3 0.1 -0.1 16.4
2026 -0.9 -5.1 10.4 5.2 7.5