Seasonality
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Seasonality
Sign in to unlock 10Y & 20Y views
Apr is the seasonally strongest month over 5Y.
Apr averages +7.5% with a 71% win rate across 5 years of history.
Jun shows persistent seasonal weakness.
Jun averages -5.3% with only a 29% win rate across 5 years of history.
Q1 (Jan–Feb–Mar) is the seasonally strongest quarter.
The three months of Q1 combine for a +11.4% average return historically.
January Effect: Q1 historically opens the year positively.
Q1 (Jan–Mar) averages +11.4% historically, with January alone posting a 50% win rate.
2026 YTD is tracking below the 5Y seasonal average.
At day 204 of the year, the current YTD return is -8.2% 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 | 11.17% | 23.90% | -17.72% | -6.04% | 8.19% | -13.93% | -4.43% | 37.18% | -9.02% | -10.98% | ||
| 2025 | 12.08% | 10.16% | 11.79% | 3.30% | 3.50% | 2.99% | 3.48% | 9.03% | 12.92% | -13.03% | 13.48% | 5.14% |
| 2024 | -3.61% | -11.24% | 14.07% | 12.78% | 4.37% | -3.91% | 15.08% | 1.15% | -0.83% | 11.32% | -5.02% | -7.13% |
| 2023 | 15.01% | -6.56% | 14.87% | 2.70% | -7.69% | -6.88% | 3.21% | 0.03% | -6.48% | 6.26% | 13.65% | -1.48% |
| 2022 | -5.58% | 8.37% | 7.38% | -3.15% | -8.93% | -11.22% | -5.26% | -8.34% | 11.57% | -0.36% | 18.28% | 0.76% |
| 2021 | -1.20% | -13.33% | 5.81% | 6.23% | 12.65% | -4.59% | 5.47% | -1.00% | -16.14% | 4.78% | 7.29% | 1.61% |
| 2020 | -2.03% | 1.83% | 36.56% | 12.40% | 0.66% | 21.70% | -3.95% | -6.22% | -6.41% | -17.76% | 6.04% | |
| Avg | 4.64% | 1.33% | 5.43% | 7.48% | 3.50% | -5.27% | 5.61% | 4.87% | -2.03% | 0.43% | 4.99% | 0.83% |
WPM.TO - Average returns for the respective month in the last 5 years
WPM.TO - Average growth of $100 invested at start of year
5 years of data
WPM.TO Distribution of Daily Returns from 2021 to 2026
WPM.TO Distribution of Daily % Changes