Seasonality
Sign in to unlock 10Y & 20Y views
Jan is the seasonally strongest month over 5Y.
Jan averages +7.1% with a 83% win rate across 5 years of history.
Jun shows persistent seasonal weakness.
Jun averages -3.7% 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 +7.9% average return historically.
January Effect: Q1 historically opens the year positively.
Q1 (Jan–Mar) averages +2.3% historically, with January alone posting a 83% win rate.
2026 YTD is tracking below the 5Y seasonal average.
At day 155 of the year, the current YTD return is -16.5% 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 | -0.40% | -22.59% | 4.16% | 8.72% | 0.68% | -18.40% | 11.64% | 18.56% | ||||
| 2025 | 5.35% | 12.54% | -1.26% | -12.03% | 10.34% | 2.00% | -0.50% | 7.07% | 6.11% | 2.52% | 1.31% | 11.56% |
| 2024 | 8.86% | -7.77% | 5.92% | -0.83% | 11.03% | -0.17% | 10.68% | 8.75% | 3.00% | -0.78% | 12.19% | 3.10% |
| 2023 | 11.76% | 3.91% | -2.77% | -2.32% | -6.19% | 8.97% | -1.62% | -0.38% | -5.63% | -2.60% | -2.80% | 0.44% |
| 2022 | 10.05% | 3.00% | -5.15% | -9.15% | -0.92% | -9.43% | 2.95% | 3.99% | -10.24% | -5.90% | 12.40% | -6.41% |
| 2021 | 7.07% | 6.83% | 9.00% | 3.63% | -0.19% | -0.59% | -3.96% | 5.68% | 7.13% | -0.92% | -10.14% | 3.33% |
| 2020 | -17.10% | -22.57% | 9.48% | 12.76% | -8.06% | -3.92% | 8.11% | 0.72% | -4.71% | 8.75% | 0.97% | |
| Avg | 7.12% | -3.02% | -1.81% | -0.36% | 3.93% | -3.67% | 2.18% | 5.54% | 0.18% | -2.06% | 3.62% | 2.16% |
FOXA - Average growth of $100 invested at start of year
5 years of data
FOXA - Average returns for the respective month in the last 5 years
FOXA Distribution of Daily Returns from 2021 to 2026
FOXA Distribution of Daily % Changes