Seasonality
Sign in to unlock 10Y & 20Y views
Monthly Returns Heatmap
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.15% | 4.84% | -14.96% | -4.10% | -3.19% | 3.47% | 3.45% | 4.15% | ||||
| 2025 | 8.68% | -1.30% | -3.39% | 0.45% | 2.33% | 3.62% | -0.73% | -0.34% | -5.34% | -3.63% | 4.19% | -5.07% |
| 2024 | 12.03% | 4.05% | 2.76% | -5.97% | 1.36% | -0.01% | -3.76% | 10.07% | 0.46% | -1.38% | 10.07% | -7.97% |
| 2023 | 3.81% | 3.57% | 8.89% | 4.97% | -8.03% | 10.99% | -7.11% | 0.05% | -3.35% | -1.12% | 9.66% | 1.33% |
| 2022 | -7.24% | 6.17% | 1.78% | -9.76% | -2.80% | -14.87% | 7.95% | -4.45% | -0.96% | 13.18% | 2.03% | 4.86% |
| 2021 | -9.81% | 9.81% | 0.63% | 7.82% | -2.80% | 1.99% | 4.32% | 2.27% | -4.60% | 0.89% | -11.06% | 13.30% |
| 2020 | -9.54% | -12.33% | 11.98% | 4.99% | -7.63% | 7.28% | 2.51% | 5.45% | -3.05% | 15.54% | 5.26% | |
| Avg | 2.10% | 2.51% | -2.38% | 0.77% | -1.16% | -0.35% | 1.63% | 1.69% | -1.39% | 0.82% | 5.07% | 1.95% |
Nov is the seasonally strongest month over 5Y.
Nov averages +5.1% with a 83% win rate across 5 years of history.
Mar shows persistent seasonal weakness.
Mar averages -2.4% with only a 57% win rate across 5 years of history.
Q4 (Oct–Nov–Dec) is the seasonally strongest quarter.
The three months of Q4 combine for a +7.8% average return historically.
January Effect: Q1 historically opens the year positively.
Q1 (Jan–Mar) averages +2.2% historically, with January alone posting a 67% win rate.
2026 YTD is tracking below the 5Y seasonal average.
At day 155 of the year, the current YTD return is -7.5% vs the historical average for the same point.
SYK - Average growth of $100 invested at start of year
5 years of data
SYK - Average returns for the respective month in the last 5 years
SYK Distribution of Daily Returns from 2021 to 2026
SYK Distribution of Daily % Changes