Seasonality
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Seasonality
Sign in to unlock 10Y & 20Y views
Monthly Returns Heatmap
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.31% | -9.41% | -23.78% | -7.49% | 11.00% | -9.01% | -9.36% | 20.26% | -3.47% | -21.64% | ||
| 2025 | -8.50% | -12.04% | -11.00% | 0.16% | -13.15% | -3.76% | 5.67% | 12.30% | 21.58% | -4.95% | 4.21% | 6.77% |
| 2024 | 9.81% | 2.27% | 11.99% | 15.47% | 5.47% | -10.31% | 2.27% | -0.44% | 11.96% | -8.50% | 2.39% | -9.50% |
| 2023 | 16.82% | -8.80% | 7.11% | -3.77% | -15.40% | 21.73% | 15.54% | -14.02% | -3.16% | -12.20% | 18.49% | 6.11% |
| 2022 | 5.52% | 18.46% | -9.61% | -11.66% | -6.41% | -23.13% | 7.42% | 6.03% | 5.33% | 6.30% | 27.41% | -11.13% |
| 2021 | -10.93% | 28.48% | -17.58% | 34.00% | 2.54% | 0.67% | 3.46% | 9.94% | -20.43% | 19.88% | 4.43% | 1.78% |
| 2020 | -8.48% | -25.24% | 24.79% | 4.45% | 26.23% | 22.60% | 9.11% | -6.02% | 8.26% | 16.03% | 12.83% | |
| Avg | 3.84% | 1.50% | -9.73% | 7.36% | -1.64% | 0.34% | 6.80% | 6.17% | 0.83% | 1.47% | 12.16% | 1.14% |
IVN.TO - Average growth of $100 invested at start of year
5 years of data
Nov is the seasonally strongest month over 5Y.
Nov averages +12.2% with a 100% win rate across 5 years of history.
Mar shows persistent seasonal weakness.
Mar averages -9.7% with only a 29% win rate across 5 years of history.
Q4 (Oct–Nov–Dec) is the seasonally strongest quarter.
The three months of Q4 combine for a +14.8% average return historically.
Q1 historically shows a slow seasonal start.
Q1 (Jan–Mar) averages -4.4% historically, with January alone posting a 67% win rate.
2026 YTD is tracking below the 5Y seasonal average.
At day 204 of the year, the current YTD return is -45.7% vs the historical average for the same point.
IVN.TO - Average returns for the respective month in the last 5 years
IVN.TO Distribution of Daily Returns from 2021 to 2026
IVN.TO Distribution of Daily % Changes