Seasonality
MKTX seasonality — MarketAxess
Over the last 11 years, MKTX's strongest month on average has been July (+6.5%) and its weakest September (-6.1%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | -0.33% | -3.98% | 30% | +30.5% | -23.0% | 10 |
| Feb | +1.54% | +2.98% | 60% | +13.6% | -12.6% | 10 |
| Mar | +0.11% | +1.72% | 60% | +14.6% | -14.1% | 10 |
| Apr | -1.01% | -3.31% | 40% | +36.8% | -22.5% | 10 |
| May | -0.69% | -0.79% | 40% | +11.8% | -17.3% | 10 |
| Jun | -1.80% | -1.07% | 40% | +7.9% | -12.7% | 10 |
| Jul | +6.46% | +3.07% | 80% | +43.0% | -8.0% | 10 |
| Aug | -1.54% | -3.47% | 40% | +18.0% | -10.5% | 10 |
| Sep | -6.10% | -5.59% | 20% | +5.7% | -17.6% | 10 |
| Oct | +4.88% | +5.26% | 70% | +17.5% | -8.1% | 10 |
| Nov | +2.88% | +3.84% | 78% | +12.3% | -13.7% | 9 |
| Dec | +2.93% | +3.71% | 60% | +22.0% | -12.6% | 10 |
Monthly returns heat map — MKTX
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.6 | 13.5 | -14.1 | -4.7 | -17.3 | -12.7 | 43.0 | 0.2 | 0.8 | 0.8 | 0.2 | -8.6% | |
| 2025 | -2.4 | -12.6 | 12.2 | 2.4 | -2.3 | 3.2 | -8.0 | -10.5 | -5.2 | -8.1 | 2.4 | 10.6 | -19.8% |
| 2024 | -23.0 | -5.4 | 2.7 | -8.7 | -0.6 | 0.8 | 11.5 | 8.4 | 5.7 | 13.0 | -10.6 | -12.6 | -22.8% |
| 2023 | 30.5 | -6.2 | 14.6 | -18.6 | -14.4 | -4.0 | 3.0 | -10.5 | -11.3 | 0.1 | 12.3 | 22.0 | +5.0% |
| 2022 | -16.2 | 10.7 | -10.8 | -22.5 | 6.8 | -9.1 | 5.8 | -8.2 | -10.5 | 9.7 | 9.8 | 4.1 | -32.2% |
| 2021 | -5.2 | 2.8 | -10.4 | -1.9 | -4.5 | -0.6 | 2.5 | 0.2 | -11.6 | -2.9 | -13.7 | 16.6 | -27.9% |
| 2020 | -6.6 | -8.4 | 2.5 | 36.8 | 11.8 | -1.5 | 3.1 | -6.0 | -0.9 | 11.9 | 0.1 | 5.8 | +50.5% |
| 2019 | 1.6 | 13.6 | 0.9 | 13.1 | 7.0 | 7.9 | 4.9 | 18.0 | -17.6 | 12.6 | 9.6 | -6.1 | +79.4% |
| 2018 | -2.8 | 3.1 | 7.4 | -8.7 | 7.6 | -7.4 | -2.1 | -2.0 | -6.0 | 17.5 | 3.8 | -3.0 | +4.7% |
| 2017 | 27.4 | 4.3 | -4.0 | 2.7 | -1.0 | 5.5 | 0.9 | -4.9 | -4.4 | -5.7 | 12.2 | 3.3 | +37.3% |
| 2016 | -11.4 |