Seasonality
STEP seasonality — StepStone Group
Over the last 7 years, STEP's strongest month on average has been July (+11.7%) and its weakest February (-7.0%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +2.39% | +7.63% | 67% | +15.9% | -15.8% | 6 |
| Feb | -7.02% | -1.70% | 33% | +3.8% | -39.0% | 6 |
| Mar | -3.52% | -3.16% | 33% | +10.6% | -15.1% | 6 |
| Apr | -4.97% | -4.92% | 33% | +10.8% | -22.5% | 6 |
| May | +4.53% | +2.02% | 50% | +19.1% | -6.8% | 6 |
| Jun | +1.01% | +1.40% | 50% | +15.3% | -16.1% | 6 |
| Jul | +11.72% | +8.24% | 100% | +32.3% | +2.3% | 6 |
| Aug | +8.36% | +7.01% | 100% | +19.1% | +2.4% | 6 |
| Sep | -4.44% | -3.94% | 50% | +5.2% | -16.9% | 6 |
| Oct | +2.21% | -0.41% | 43% | +20.4% | -10.4% | 7 |
| Nov | -0.17% | +2.65% | 67% | +9.6% | -11.9% | 6 |
| Dec | +7.48% | +1.04% | 67% | +46.8% | -16.0% | 6 |
Monthly returns heat map — STEP
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.2 | -39.0 | 10.6 | 10.8 | -6.8 | -16.1 | 6.0 | 19.1 | -16.9 | -0.4 | 9.8 | -26.1% | |
| 2025 | 10.7 | -6.1 | -13.2 | -4.2 | 15.7 | -4.1 | 7.0 | 4.5 | 5.2 | -6.8 | 3.8 | 1.6 | +10.9% |
| 2024 | 5.1 | 3.8 | 2.9 | 0.9 | 19.1 | 6.9 | 9.5 | 8.8 | 3.9 | 5.8 | 9.6 | -12.2 | +81.8% |
| 2023 | 15.9 | -2.0 | -15.1 | -9.2 | -2.4 | 15.3 | 13.1 | 10.0 | 2.3 | -10.4 | -9.5 | 24.2 | +26.4% |
| 2022 | -15.8 | -1.4 | -4.3 | -22.5 | 6.4 | -4.5 | 2.3 | 2.4 | -10.2 | 20.4 | 1.6 | -16.0 | -39.4% |
| 2021 | -11.8 | 2.5 | -2.0 | -5.6 | -4.8 | 8.5 | 32.3 | 5.2 | -10.9 | 10.2 | -11.9 | 0.5 | +4.5% |
| 2020 | -3.4 | 5.5 | 46.8 |