Seasonality
Sign in to unlock 10Y & 20Y views
Seasonality
Sign in to unlock 10Y & 20Y views
Mar is the seasonally strongest month over 5Y.
Mar averages +27.1% with a 57% win rate across 5 years of history.
Jul shows persistent seasonal weakness.
Jul averages -7.5% with only a 43% win rate across 5 years of history.
Q1 (Jan–Feb–Mar) is the seasonally strongest quarter.
The three months of Q1 combine for a +47.4% average return historically.
January Effect: Q1 historically opens the year positively.
Q1 (Jan–Mar) averages +47.4% 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 +36.5% vs the historical average for the same point.
KEI.TO - Average growth of $100 invested at start of year
5 years of data
Monthly Returns Heatmap
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.74% | -5.14% | 48.55% | 1.69% | -9.60% | -0.42% | 3.84% | 14.93% | 4.89% | 16.02% | ||
| 2025 | 40.83% | 1.01% | 9.08% | -22.15% | 7.49% | -6.77% | -9.39% | -9.19% | 0.00% | -21.40% | -7.59% | -3.39% |
| 2024 | -15.52% | 4.65% | -6.22% | 4.03% | 10.25% | 0.21% | -8.87% | -6.11% | 3.61% | 7.44% | 29.87% | 29.00% |
| 2023 | 85.18% | -24.02% | -0.54% | -12.39% | -1.23% | 15.35% | 9.71% | -7.21% | -3.71% | 7.71% | -1.02% | -12.39% |
| 2022 | 25.00% | -10.00% | 133.33% | 23.81% | -3.08% | -31.35% | 9.25% | 11.11% | -7.14% | 52.31% | 28.28% | 4.46% |
| 2021 | 0.00% | 50.00% | 22.22% | -9.09% | -10.00% | 22.22% | -27.27% | 12.50% | 0.00% | 0.00% | 11.11% | -20.00% |
| 2020 | -33.33% | -16.67% | 20.00% | 16.67% | 42.86% | -30.00% | -14.29% | -16.67% | 0.00% | 0.00% | 20.00% | |
| Avg | 22.70% | -2.40% | 27.11% | 0.84% | 1.50% | 6.01% | -7.53% | 0.25% | -2.72% | 7.68% | 10.11% | 2.95% |
KEI.TO - Average returns for the respective month in the last 5 years
KEI.TO Distribution of Daily Returns from 2021 to 2026
KEI.TO Distribution of Daily % Changes