Nasdaq (NDAQ) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.2% | -9.6% | -2.8% | +8.3% | +0.7% | -3.8% | — | — | — | — | — | — |
| 2025 | +6.5% | +0.5% | -8.1% | +0.5% | +9.6% | +7.4% | +7.6% | -1.5% | -6.4% | -3.3% | +6.4% | +7.1% |
| 2024 | -0.6% | -2.7% | +12.7% | -5.2% | -1.4% | +2.5% | +12.3% | +6.5% | +1.6% | +1.2% | +12.3% | -6.6% |
| 2023 | -1.9% | -6.9% | -2.1% | +1.3% | -0.0% | -9.6% | +1.3% | +3.9% | -7.0% | +2.1% | +12.6% | +4.5% |
| 2022 | -14.7% | -4.5% | +4.5% | -11.7% | -1.4% | -1.3% | +18.6% | -1.3% | -4.5% | +9.8% | +10.0% | -10.1% |
| 2021 | +1.9% | +2.2% | +7.0% | +9.6% | +3.7% | +5.3% | +6.2% | +4.9% | -1.1% | +8.7% | -3.2% | +3.6% |
| 2020 | +8.7% | -12.0% | -7.0% | +15.5% | +8.0% | +1.3% | +9.9% | +2.4% | -8.4% | -1.4% | +5.8% | +4.1% |
| 2019 | +7.9% | +4.0% | -3.9% | +5.4% | -1.7% | +6.6% | +0.2% | +3.6% | +0.0% | +0.4% | +5.0% | +2.7% |
| 2018 | +5.3% | -0.2% | +7.2% | +2.4% | +4.0% | -0.2% | +0.1% | +4.4% | -9.7% | +1.1% | +5.3% | -10.2% |
| 2017 | +5.1% | +0.8% | -1.9% | -0.8% | -1.8% | +6.2% | +4.0% | +1.3% | +3.5% | -6.3% | +8.9% | -2.5% |
| 2016 | +6.6% | +2.1% | +5.3% | -7.1% | +7.0% | -1.5% | +9.4% | +0.6% | -4.8% | -5.3% | +0.2% | +5.2% |
| 2015 | -4.9% | +10.0% | +1.9% | -4.6% | +6.4% | -5.2% | +4.5% | +0.3% | +4.7% | +8.6% | +1.2% | -0.4% |
| 2014 | -4.1% | +0.7% | -3.5% | -0.1% | +2.8% | +2.3% | +9.2% | +3.1% | -2.1% | +2.0% | +3.8% | +7.1% |
| 2013 | +13.2% | +11.8% | +2.6% | -8.7% | +6.6% | +4.7% | -1.2% | -7.8% | +8.0% | +10.4% | +10.8% | +1.7% |
| 2012 | +1.1% | +6.4% | -1.7% | -5.1% | -11.0% | +3.8% | +0.0% | +0.7% | +2.5% | +2.1% | +1.9% | +3.9% |
| 2011 | +3.2% | +16.8% | -9.7% | +4.9% | -5.8% | -1.0% | -4.9% | -1.4% | -2.4% | +8.3% | +4.8% | -6.7% |
| 2010 | -9.3% | +3.5% | +13.3% | -0.5% | -11.4% | -4.4% | +9.5% | -8.1% | +8.6% | +8.7% | +1.8% | +10.5% |
| 2009 | -11.8% | -4.1% | -6.3% | -1.7% | +9.7% | +0.9% | -0.9% | +3.9% | -4.1% | -14.3% | +3.5% | +6.2% |
| 2008 | -6.6% | -10.2% | -6.9% | -5.7% | -3.9% | -24.2% | +4.7% | +17.7% | -6.5% | +6.1% | -33.8% | +15.0% |
| 2007 | +10.4% | -11.9% | -1.8% | +10.7% | +2.2% | -10.7% | +3.7% | +6.1% | +15.3% | +24.0% | -7.1% | +14.2% |
| 2006 | +19.1% | -3.3% | -1.1% | -6.6% | -18.6% | -1.8% | -7.5% | +3.1% | +6.1% | +18.2% | +12.3% | -23.3% |
| 2005 | -16.2% | +23.2% | +1.8% | +39.9% | +14.3% | +10.1% | +20.1% | +3.6% | +8.0% | +21.9% | +26.6% | -10.1% |
| 2004 | -6.3% | +0.8% | -3.4% | -13.0% | -3.0% | -13.4% | +0.0% | -1.8% | +11.5% | -1.1% | +2.2% | +46.2% |
| 2003 | -9.0% | -14.9% | -9.7% | -9.7% | -1.2% | +28.9% | +7.5% | -15.7% | +10.3% | +9.3% | +1.7% | +5.9% |
| 2002 | — | — | — | — | — | — | — | -16.9% | -6.0% | -20.0% | +33.0% | +0.0% |
| Avg | +0.1% | +0.1% | -0.6% | +0.7% | +0.6% | +0.3% | +5.0% | +0.5% | +0.7% | +3.8% | +5.2% | +2.8% |
| Median | +0.4% | +0.6% | -1.8% | -0.7% | +0.3% | +0.9% | +4.5% | +1.9% | -0.6% | +2.1% | +4.9% | +3.7% |
| Last 5Y Avg | -2.2% | -4.6% | +0.9% | -1.4% | +1.5% | +0.9% | +9.2% | +2.5% | -3.5% | +3.7% | +7.6% | -0.3% |
| Std Dev (σ) | 9.0% | 9.2% | 6.4% | 11.1% | 7.5% | 9.9% | 6.8% | 7.2% | 7.1% | 10.1% | 12.0% | 12.7% |
| Consistency (μ/σ) | 0.02 | 0.01 | -0.09 | 0.07 | 0.08 | 0.03 | 0.74 | 0.07 | 0.10 | 0.38 | 0.44 | 0.22 |
| Win Rate (%) | 50% | 54% | 38% | 42% | 50% | 52% | 74% | 67% | 46% | 71% | 88% | 63% |
| Winning / Losing Months | ▲12▼12 | ▲13▼11 | ▲9▼15 | ▲10▼14 | ▲12▼12 | ▲12▼11 | ▲17▼6 | ▲16▼8 | ▲11▼13 | ▲17▼7 | ▲21▼3 | ▲15▼9 |
| Longest Win / Loss Streak | ▲6▼3 | ▲8▼4 | ▲2▼4 | ▲4▼6 | ▲4▼3 | ▲3▼3 | ▲12▼3 | ▲8▼3 | ▲5▼6 | ▲6▼2 | ▲12▼2 | ▲4▼2 |
| Best | +19.1%in January 2006 | +23.2%in February 2005 | +13.3%in March 2010 | +39.9%in April 2005 | +14.3%in May 2005 | +28.9%in June 2003 | +20.1%in July 2005 | +17.7%in August 2008 | +15.3%in September 2007 | +24.0%in October 2007 | +33.0%in November 2002 | +46.2%in December 2004 |
| Worst | -16.2%in January 2005 | -14.9%in February 2003 | -9.7%in March 2003 | -13.0%in April 2004 | -18.6%in May 2006 | -24.2%in June 2008 | -7.5%in July 2006 | -16.9%in August 2002 | -9.7%in September 2018 | -20.0%in October 2002 | -33.8%in November 2008 | -23.3%in December 2006 |
−33.8%+46.2%
2026
Jan-0.2%
Feb-9.6%
Mar-2.8%
Apr+8.3%
May+0.7%
Jun-3.8%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+6.5%
Feb+0.5%
Mar-8.1%
Apr+0.5%
May+9.6%
Jun+7.4%
Jul+7.6%
Aug-1.5%
Sep-6.4%
Oct-3.3%
Nov+6.4%
Dec+7.1%
2024
Jan-0.6%
Feb-2.7%
Mar+12.7%
Apr-5.2%
May-1.4%
Jun+2.5%
Jul+12.3%
Aug+6.5%
Sep+1.6%
Oct+1.2%
Nov+12.3%
Dec-6.6%
2023
Jan-1.9%
Feb-6.9%
Mar-2.1%
Apr+1.3%
May-0.0%
Jun-9.6%
Jul+1.3%
Aug+3.9%
Sep-7.0%
Oct+2.1%
Nov+12.6%
Dec+4.5%
2022
Jan-14.7%
Feb-4.5%
Mar+4.5%
Apr-11.7%
May-1.4%
Jun-1.3%
Jul+18.6%
Aug-1.3%
Sep-4.5%
Oct+9.8%
Nov+10.0%
Dec-10.1%
2021
Jan+1.9%
Feb+2.2%
Mar+7.0%
Apr+9.6%
May+3.7%
Jun+5.3%
Jul+6.2%
Aug+4.9%
Sep-1.1%
Oct+8.7%
Nov-3.2%
Dec+3.6%
2020
Jan+8.7%
Feb-12.0%
Mar-7.0%
Apr+15.5%
May+8.0%
Jun+1.3%
Jul+9.9%
Aug+2.4%
Sep-8.4%
Oct-1.4%
Nov+5.8%
Dec+4.1%
2019
Jan+7.9%
Feb+4.0%
Mar-3.9%
Apr+5.4%
May-1.7%
Jun+6.6%
Jul+0.2%
Aug+3.6%
Sep+0.0%
Oct+0.4%
Nov+5.0%
Dec+2.7%
2018
Jan+5.3%
Feb-0.2%
Mar+7.2%
Apr+2.4%
May+4.0%
Jun-0.2%
Jul+0.1%
Aug+4.4%
Sep-9.7%
Oct+1.1%
Nov+5.3%
Dec-10.2%
2017
Jan+5.1%
Feb+0.8%
Mar-1.9%
Apr-0.8%
May-1.8%
Jun+6.2%
Jul+4.0%
Aug+1.3%
Sep+3.5%
Oct-6.3%
Nov+8.9%
Dec-2.5%
2016
Jan+6.6%
Feb+2.1%
Mar+5.3%
Apr-7.1%
May+7.0%
Jun-1.5%
Jul+9.4%
Aug+0.6%
Sep-4.8%
Oct-5.3%
Nov+0.2%
Dec+5.2%
2015
Jan-4.9%
Feb+10.0%
Mar+1.9%
Apr-4.6%
May+6.4%
Jun-5.2%
Jul+4.5%
Aug+0.3%
Sep+4.7%
Oct+8.6%
Nov+1.2%
Dec-0.4%
2014
Jan-4.1%
Feb+0.7%
Mar-3.5%
Apr-0.1%
May+2.8%
Jun+2.3%
Jul+9.2%
Aug+3.1%
Sep-2.1%
Oct+2.0%
Nov+3.8%
Dec+7.1%
2013
Jan+13.2%
Feb+11.8%
Mar+2.6%
Apr-8.7%
May+6.6%
Jun+4.7%
Jul-1.2%
Aug-7.8%
Sep+8.0%
Oct+10.4%
Nov+10.8%
Dec+1.7%
2012
Jan+1.1%
Feb+6.4%
Mar-1.7%
Apr-5.1%
May-11.0%
Jun+3.8%
Jul+0.0%
Aug+0.7%
Sep+2.5%
Oct+2.1%
Nov+1.9%
Dec+3.9%
2011
Jan+3.2%
Feb+16.8%
Mar-9.7%
Apr+4.9%
May-5.8%
Jun-1.0%
Jul-4.9%
Aug-1.4%
Sep-2.4%
Oct+8.3%
Nov+4.8%
Dec-6.7%
2010
Jan-9.3%
Feb+3.5%
Mar+13.3%
Apr-0.5%
May-11.4%
Jun-4.4%
Jul+9.5%
Aug-8.1%
Sep+8.6%
Oct+8.7%
Nov+1.8%
Dec+10.5%
2009
Jan-11.8%
Feb-4.1%
Mar-6.3%
Apr-1.7%
May+9.7%
Jun+0.9%
Jul-0.9%
Aug+3.9%
Sep-4.1%
Oct-14.3%
Nov+3.5%
Dec+6.2%
2008
Jan-6.6%
Feb-10.2%
Mar-6.9%
Apr-5.7%
May-3.9%
Jun-24.2%
Jul+4.7%
Aug+17.7%
Sep-6.5%
Oct+6.1%
Nov-33.8%
Dec+15.0%
2007
Jan+10.4%
Feb-11.9%
Mar-1.8%
Apr+10.7%
May+2.2%
Jun-10.7%
Jul+3.7%
Aug+6.1%
Sep+15.3%
Oct+24.0%
Nov-7.1%
Dec+14.2%
2006
Jan+19.1%
Feb-3.3%
Mar-1.1%
Apr-6.6%
May-18.6%
Jun-1.8%
Jul-7.5%
Aug+3.1%
Sep+6.1%
Oct+18.2%
Nov+12.3%
Dec-23.3%
2005
Jan-16.2%
Feb+23.2%
Mar+1.8%
Apr+39.9%
May+14.3%
Jun+10.1%
Jul+20.1%
Aug+3.6%
Sep+8.0%
Oct+21.9%
Nov+26.6%
Dec-10.1%
2004
Jan-6.3%
Feb+0.8%
Mar-3.4%
Apr-13.0%
May-3.0%
Jun-13.4%
Jul+0.0%
Aug-1.8%
Sep+11.5%
Oct-1.1%
Nov+2.2%
Dec+46.2%
2003
Jan-9.0%
Feb-14.9%
Mar-9.7%
Apr-9.7%
May-1.2%
Jun+28.9%
Jul+7.5%
Aug-15.7%
Sep+10.3%
Oct+9.3%
Nov+1.7%
Dec+5.9%
2002
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug-16.9%
Sep-6.0%
Oct-20.0%
Nov+33.0%
Dec+0.0%
Avg
Jan+0.1%
Feb+0.1%
Mar-0.6%
Apr+0.7%
May+0.6%
Jun+0.3%
Jul+5.0%
Aug+0.5%
Sep+0.7%
Oct+3.8%
Nov+5.2%
Dec+2.8%
Median
Jan+0.4%
Feb+0.6%
Mar-1.8%
Apr-0.7%
May+0.3%
Jun+0.9%
Jul+4.5%
Aug+1.9%
Sep-0.6%
Oct+2.1%
Nov+4.9%
Dec+3.7%
Last 5Y Avg
Jan-2.2%
Feb-4.6%
Mar+0.9%
Apr-1.4%
May+1.5%
Jun+0.9%
Jul+9.2%
Aug+2.5%
Sep-3.5%
Oct+3.7%
Nov+7.6%
Dec-0.3%
Std Dev (σ)
Jan9.0%
Feb9.2%
Mar6.4%
Apr11.1%
May7.5%
Jun9.9%
Jul6.8%
Aug7.2%
Sep7.1%
Oct10.1%
Nov12.0%
Dec12.7%
Consistency (μ/σ)
Jan0.02
Feb0.01
Mar-0.09
Apr0.07
May0.08
Jun0.03
Jul0.74
Aug0.07
Sep0.10
Oct0.38
Nov0.44
Dec0.22
Win Rate (%)
Jan50%
Feb54%
Mar38%
Apr42%
May50%
Jun52%
Jul74%
Aug67%
Sep46%
Oct71%
Nov88%
Dec63%
Winning / Losing Months
Jan▲12▼12
Feb▲13▼11
Mar▲9▼15
Apr▲10▼14
May▲12▼12
Jun▲12▼11
Jul▲17▼6
Aug▲16▼8
Sep▲11▼13
Oct▲17▼7
Nov▲21▼3
Dec▲15▼9
Longest Win / Loss Streak
Jan▲6▼3
Feb▲8▼4
Mar▲2▼4
Apr▲4▼6
May▲4▼3
Jun▲3▼3
Jul▲12▼3
Aug▲8▼3
Sep▲5▼6
Oct▲6▼2
Nov▲12▼2
Dec▲4▼2
Best
Jan+19.1%2006
Feb+23.2%2005
Mar+13.3%2010
Apr+39.9%2005
May+14.3%2005
Jun+28.9%2003
Jul+20.1%2005
Aug+17.7%2008
Sep+15.3%2007
Oct+24.0%2007
Nov+33.0%2002
Dec+46.2%2004
Worst
Jan-16.2%2005
Feb-14.9%2003
Mar-9.7%2003
Apr-13.0%2004
May-18.6%2006
Jun-24.2%2008
Jul-7.5%2006
Aug-16.9%2002
Sep-9.7%2018
Oct-20.0%2002
Nov-33.8%2008
Dec-23.3%2006
−33.8%+46.2%
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