Seasonality
Sign in to unlock 10Y & 20Y views
Seasonality
Sign in to unlock 10Y & 20Y views
EIF.TO - Average returns for the respective month in the last 5 years
Apr is the seasonally strongest month over 5Y.
Apr averages +7.5% with a 29% win rate across 5 years of history.
Mar shows persistent seasonal weakness.
Mar averages -6.6% with only a 57% win rate across 5 years of history.
Q2 (Apr–May–Jun) is the seasonally strongest quarter.
The three months of Q2 combine for a +15.3% average return historically.
Q1 historically shows a slow seasonal start.
Q1 (Jan–Mar) averages -2.1% historically, with January alone posting a 67% win rate.
2026 YTD is tracking above the 5Y seasonal average.
At day 204 of the year, the current YTD return is +29.1% 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 | 16.19% | 14.64% | -3.73% | -3.94% | 21.64% | 9.12% | -4.94% | -4.45% | 3.96% | -9.36% | ||
| 2025 | -4.59% | -9.53% | -0.88% | 2.34% | 14.07% | 9.35% | 4.89% | 9.79% | 1.48% | 6.12% | 3.83% | 3.32% |
| 2024 | 4.66% | 3.61% | 2.63% | -5.88% | -3.96% | 2.52% | 7.94% | 2.10% | 4.55% | 6.90% | 4.13% | 4.01% |
| 2023 | 5.74% | -8.07% | 5.94% | -2.10% | -0.21% | 1.39% | -1.54% | -5.43% | -6.90% | -4.41% | 6.89% | -0.11% |
| 2022 | 1.08% | -3.68% | 5.69% | -2.66% | 13.91% | -9.94% | 11.73% | -0.69% | -10.15% | 10.30% | 6.80% | 9.22% |
| 2021 | -0.44% | 11.62% | 0.29% | -3.78% | 2.77% | 1.63% | 3.82% | 6.58% | 1.85% | -3.47% | -3.38% | 3.29% |
| 2020 | -3.37% | -56.11% | 68.66% | -14.79% | 7.16% | 0.17% | 20.09% | -3.81% | 4.85% | 22.87% | -4.83% | |
| Avg | 3.77% | 0.74% | -6.60% | 7.52% | 4.78% | 3.03% | 3.15% | 4.00% | -1.29% | 3.38% | 6.86% | 2.48% |
EIF.TO - Average growth of $100 invested at start of year
5 years of data
EIF.TO Distribution of Daily Returns from 2021 to 2026
EIF.TO Distribution of Daily % Changes