Seasonality
FDS seasonality — FactSet
Over the last 11 years, FDS's strongest month on average has been November (+5.8%) and its weakest September (-3.5%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | -0.48% | +1.94% | 50% | +9.2% | -13.2% | 10 |
| Feb | -2.09% | -2.33% | 40% | +7.6% | -14.8% | 10 |
| Mar | -0.02% | -0.73% | 50% | +6.9% | -7.3% | 10 |
| Apr | +0.32% | -0.91% | 40% | +11.1% | -8.2% | 10 |
| May | +1.89% | +1.17% | 60% | +11.8% | -6.5% | 10 |
| Jun | +0.62% | +0.55% | 70% | +6.8% | -6.3% | 10 |
| Jul | +3.69% | +3.54% | 80% | +14.4% | -9.9% | 10 |
| Aug | +2.90% | +1.02% | 70% | +19.1% | -7.3% | 10 |
| Sep | -3.51% | -3.45% | 40% | +14.6% | -23.3% | 10 |
| Oct | +3.28% | +2.18% | 60% | +22.1% | -8.5% | 10 |
| Nov | +5.81% | +5.27% | 100% | +8.9% | +2.4% | 9 |
| Dec | -1.48% | +0.83% | 50% | +5.2% | -14.7% | 10 |
Monthly returns heat map — FDS
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -12.3 | -14.8 | 0.1 | 4.9 | 7.9 | -6.3 | 14.4 | 19.1 | -13.9 | 22.1 | -0.5 | +13.0% | |
| 2025 | -1.2 | -2.7 | -1.5 | -4.9 | 6.0 | -2.4 | -9.9 | -7.3 | -23.3 | -6.9 | 3.9 | 4.7 | -39.6% |
| 2024 | -0.2 | -2.8 | -1.8 | -8.2 | -3.0 | 1.0 | 1.2 | 2.4 | 8.8 | -1.3 | 8.1 | -2.1 | +0.7% |
| 2023 | 5.4 | -2.0 | 0.1 | -0.8 | -6.5 | 4.1 | 8.6 | 0.3 | 0.2 | -1.2 | 5.0 | 5.2 | +18.9% |
| 2022 | -13.2 | -3.8 | 6.9 | -7.1 | -5.4 | 0.7 | 11.7 | 0.8 | -7.7 | 6.3 | 8.4 | -13.0 | -17.4% |
| 2021 | -9.1 | 0.5 | 1.5 | 8.9 | -0.6 | 0.4 | 6.5 | 6.4 | 3.8 | 12.4 | 5.6 | 3.7 | +46.2% |
| 2020 | 6.6 | -7.0 | -2.0 | 5.5 | 11.8 | 6.8 | 5.4 | 1.2 | -4.4 | -8.5 | 8.9 | -0.4 | +23.9% |
| 2019 | 9.2 | 7.6 | 5.6 | 11.1 | 0.8 | 3.0 | -3.2 | -1.9 | -10.7 | 4.3 | 2.4 | 3.3 | +34.1% |
| 2018 | 4.1 | 1.2 | -1.9 | -5.2 | 6.3 | -1.4 | 1.6 | 13.9 | -2.5 | 0.0 | 4.8 | -14.7 | +3.8% |
| 2017 | 5.9 | 2.8 | -7.3 | -1.0 | 1.5 | 0.3 | 0.6 | -6.0 | 14.6 | 5.4 | 5.3 | -3.6 | +17.9% |
| 2016 | 2.0 |