Seasonality

MMM seasonality — 3M

Over the last 11 years, MMM's strongest month on average has been July (+5.5%) and its weakest September (-3.4%).

MMM overview →

Average return by month

Month-by-month statistics

MonthAvgMedianUp %BestWorstYrs
Jan-1.08%-3.07%40%+17.9%-13.7%10
Feb-1.15%-1.35%40%+7.9%-10.5%10
Mar-0.70%-1.14%50%+15.1%-12.2%10
Apr-0.21%+0.97%60%+11.3%-11.4%10
May+0.26%+3.25%80%+6.8%-15.7%10
Jun+1.20%+1.93%60%+8.5%-13.3%10
Jul+5.53%+4.36%60%+24.8%-3.5%10
Aug-1.00%-1.14%40%+8.3%-13.2%10
Sep-3.39%-0.98%30%+2.7%-12.2%10
Oct+2.05%+1.11%60%+13.8%-9.7%10
Nov+4.14%+3.94%89%+9.3%-4.8%9
Dec-0.27%-1.00%50%+10.3%-8.4%10

Monthly returns heat map — MMM

price return, %
YearJanFebMarAprMayJunJulAugSepOctNovDecYear
2026 -4.37.9-12.20.94.55.78.9-2.5-4.56.26.2 +15.7%
2025 17.91.9-5.3-5.46.82.6-2.04.2-0.27.33.3-7.0 +24.0%
2024 -13.7-2.415.18.83.82.024.85.61.5-6.03.9-3.3 +41.2%
2023 -4.0-6.4-2.41.1-12.27.311.4-4.3-12.2-2.98.910.3 -8.8%
2022 -6.5-10.50.1-3.13.5-13.310.7-13.2-11.113.80.1-4.8 -32.5%
2021 0.5-0.310.12.33.0-2.2-0.3-1.6-9.91.9-4.84.5 +1.6%
2020 -10.1-5.9-8.511.33.0-0.3-3.58.3-1.7-0.18.01.2 -0.9%
2019 5.13.50.2-8.8-15.78.50.8-7.41.70.42.93.9 -7.4%
2018 6.4-6.0-6.8-11.41.5-0.37.9-0.7-0.1-9.79.3-8.4 -19.1%
2017 -2.16.62.72.44.41.8-3.41.62.79.75.6-3.2 +31.8%
2016 4.0