Seasonality
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Seasonality
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CAR-UN.TO - Average returns for the respective month in the last 5 years
Monthly Returns Heatmap
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.94% | -1.79% | -5.56% | 3.38% | -3.80% | -0.15% | -0.26% | -5.58% | -2.51% | -0.38% | ||
| 2025 | -4.68% | -0.12% | 7.29% | -2.10% | 6.63% | -0.49% | -0.08% | -3.66% | -3.93% | -4.91% | -1.06% | -3.05% |
| 2024 | -4.12% | 2.27% | -2.10% | -7.57% | 4.37% | -0.06% | 8.25% | 9.39% | 5.22% | -15.42% | -0.89% | -4.34% |
| 2023 | 15.56% | 0.69% | -3.82% | 4.94% | -0.92% | 3.94% | 1.32% | -5.49% | -6.74% | -9.18% | 13.56% | 6.63% |
| 2022 | -6.54% | -5.42% | 1.91% | -5.98% | -1.39% | -9.21% | 8.52% | -7.67% | -5.47% | 0.50% | 3.87% | -2.05% |
| 2021 | 2.65% | -0.08% | 5.75% | 1.66% | 1.56% | 5.16% | 7.48% | -1.80% | -3.08% | 2.44% | -5.71% | 5.67% |
| 2020 | -0.63% | -23.91% | 12.74% | -1.76% | 3.76% | 0.20% | -7.12% | 3.48% | -7.54% | 19.72% | -2.06% | |
| Avg | 1.30% | -0.73% | -2.92% | 1.01% | 0.67% | 0.42% | 3.63% | -3.13% | -1.86% | -5.69% | 4.91% | 0.13% |
Nov is the seasonally strongest month over 5Y.
Nov averages +4.9% with a 50% win rate across 5 years of history.
Oct shows persistent seasonal weakness.
Oct averages -5.7% with only a 33% win rate across 5 years of history.
Q2 (Apr–May–Jun) is the seasonally strongest quarter.
The three months of Q2 combine for a +2.1% average return historically.
Q1 historically shows a slow seasonal start.
Q1 (Jan–Mar) averages -2.3% historically, with January alone posting a 50% win rate.
2026 YTD is tracking below the 5Y seasonal average.
At day 204 of the year, the current YTD return is -21.1% vs the historical average for the same point.
CAR-UN.TO - Average growth of $100 invested at start of year
5 years of data
CAR-UN.TO Distribution of Daily Returns from 2021 to 2026
CAR-UN.TO Distribution of Daily % Changes