Seasonality
Sign in to unlock 10Y & 20Y views
Seasonality
Sign in to unlock 10Y & 20Y views
Jul is the seasonally strongest month over 5Y.
Jul averages +17.9% with a 71% win rate across 5 years of history.
Dec shows persistent seasonal weakness.
Dec averages -3.8% with only a 50% win rate across 5 years of history.
Q2 (Apr–May–Jun) is the seasonally strongest quarter.
The three months of Q2 combine for a +20.3% average return historically.
January Effect: Q1 historically opens the year positively.
Q1 (Jan–Mar) averages +2.0% historically, with January alone posting a 50% win rate.
2026 YTD is tracking above the 5Y seasonal average.
At day 204 of the year, the current YTD return is +55.8% vs the historical average for the same point.
Monthly Returns Heatmap
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.03% | -4.08% | 43.62% | 17.04% | -11.39% | 0.00% | 39.64% | 22.76% | -8.33% | -5.91% | ||
| 2025 | 4.89% | -5.70% | -3.30% | -7.39% | 10.43% | 2.22% | -7.61% | -4.71% | 5.56% | -3.51% | 14.55% | 2.65% |
| 2024 | 26.28% | 46.82% | -18.50% | -7.73% | -9.95% | -16.28% | 11.81% | 12.42% | -6.08% | 49.41% | -7.87% | -21.37% |
| 2023 | -4.05% | -15.49% | 6.67% | -18.75% | 100.00% | 75.00% | 73.63% | -28.48% | -11.50% | 10.00% | 27.27% | -2.14% |
| 2022 | -4.00% | 3.13% | -11.11% | -20.45% | 14.29% | -12.50% | 18.57% | -8.43% | -15.79% | 25.00% | -11.25% | 4.23% |
| 2021 | -16.49% | 13.58% | 6.52% | -8.16% | -11.11% | -8.75% | 1.37% | -18.92% | 16.67% | 31.43% | 4.35% | 4.17% |
| 2020 | -7.25% | -50.00% | 46.88% | 6.38% | 2.00% | -11.76% | 17.78% | 3.77% | -11.82% | 11.34% | -10.19% | |
| Avg | 1.28% | 4.43% | -3.73% | 0.20% | 14.09% | 5.96% | 17.95% | -1.08% | -2.24% | 16.75% | 6.40% | -3.78% |
CDR.TO - Average growth of $100 invested at start of year
5 years of data
CDR.TO - Average returns for the respective month in the last 5 years
CDR.TO Distribution of Daily Returns from 2021 to 2026
CDR.TO Distribution of Daily % Changes