Seasonality
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Jul is the seasonally strongest month over 5Y.
Jul averages +7.9% with a 100% win rate across 5 years of history.
Sep shows persistent seasonal weakness.
Sep averages -5.5% with only a 17% win rate across 5 years of history.
Q4 (Oct–Nov–Dec) is the seasonally strongest quarter.
The three months of Q4 combine for a +10.0% average return historically.
January Effect: Q1 historically opens the year positively.
Q1 (Jan–Mar) averages +2.6% historically, with January alone posting a 67% win rate.
2026 YTD is tracking above the 5Y seasonal average.
At day 181 of the year, the current YTD return is +7.0% vs the historical average for the same point.
PLD - Average growth of $100 invested at start of year
5 years of data
PLD - Average returns for the respective month in the last 5 years
PLD Distribution of Daily Returns from 2021 to 2026
Monthly Returns Heatmap
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.27% | 9.20% | -6.54% | 7.44% | 1.02% | -4.89% | 6.75% | -3.24% | -3.50% | |||
| 2025 | 12.82% | 3.92% | -8.99% | -8.58% | 6.26% | -2.28% | 1.58% | 6.56% | 1.55% | 8.36% | 3.58% | 0.10% |
| 2024 | -4.96% | 5.19% | -1.57% | -21.63% | 8.27% | 2.52% | 12.23% | 1.40% | -0.47% | -10.56% | 3.40% | -8.70% |
| 2023 | 14.68% | -4.55% | 1.85% | 0.38% | -0.56% | -0.84% | 1.73% | -0.44% | -9.02% | -10.21% | 14.07% | 16.72% |
| 2022 | -6.85% | -7.00% | 11.29% | -0.74% | -20.47% | -7.05% | 12.67% | -6.07% | -17.88% | 9.01% | 6.36% | -3.65% |
| 2021 | 3.55% | -4.00% | 7.66% | 9.93% | 1.12% | 1.94% | 7.12% | 5.17% | -6.41% | 15.57% | 3.99% | 12.13% |
| 2020 | -9.26% | -3.84% | 11.02% | 2.54% | 2.63% | 12.95% | -3.38% | -0.66% | -1.41% | 0.86% | 0.19% | |
| Avg | 3.59% | -0.93% | -0.02% | -0.31% | -0.26% | -1.14% | 7.86% | -0.00% | -5.48% | 1.79% | 5.38% | 2.80% |
PLD Distribution of Daily % Changes