Seasonality
Sign in to unlock 10Y & 20Y views
Seasonality
Sign in to unlock 10Y & 20Y views
Aug is the seasonally strongest month over 5Y.
Aug averages +5.9% with a 71% win rate across 5 years of history.
Mar shows persistent seasonal weakness.
Mar averages -3.0% with only a 29% win rate across 5 years of history.
Q3 (Jul–Aug–Sep) is the seasonally strongest quarter.
The three months of Q3 combine for a +10.4% average return historically.
January Effect: Q1 historically opens the year positively.
Q1 (Jan–Mar) averages +1.0% 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 -12.1% 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 | -1.71% | 3.52% | -6.11% | 0.88% | -4.46% | -4.09% | 3.32% | -1.95% | 3.04% | 6.54% | ||
| 2025 | 0.78% | -5.35% | -3.07% | -2.71% | 19.78% | 2.47% | -2.78% | 9.58% | -2.62% | 1.28% | -1.30% | -2.05% |
| 2024 | 17.18% | 4.84% | 2.90% | 0.35% | -3.62% | 5.61% | 19.70% | 7.81% | 2.13% | -10.45% | 1.08% | -4.21% |
| 2023 | 9.37% | 3.99% | -10.88% | 11.98% | 8.17% | 5.66% | 1.18% | -14.45% | -2.25% | -7.98% | 6.19% | 1.86% |
| 2022 | 1.01% | -9.32% | -1.34% | -12.07% | -11.43% | -8.49% | 6.17% | 4.97% | -7.87% | 6.56% | -3.81% | 5.85% |
| 2021 | -0.15% | -0.92% | 13.54% | -4.18% | 2.59% | 0.29% | 3.07% | 7.81% | -0.68% | 7.60% | -5.95% | 5.55% |
| 2020 | 0.31% | -16.18% | -1.78% | 2.34% | -0.78% | 0.37% | 27.71% | 8.81% | 0.70% | 10.27% | 2.94% | |
| Avg | 4.41% | -0.42% | -3.02% | -1.07% | 1.91% | 0.10% | 4.43% | 5.92% | 0.08% | -0.38% | 1.08% | 1.66% |
LNF.TO - Average growth of $100 invested at start of year
5 years of data
LNF.TO - Average returns for the respective month in the last 5 years
LNF.TO Distribution of Daily Returns from 2021 to 2026
LNF.TO Distribution of Daily % Changes