Seasonality
STWD seasonality — Starwood Property Trust
Over the last 11 years, STWD's strongest month on average has been November (+5.5%) and its weakest March (-5.7%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +2.36% | +1.63% | 60% | +14.0% | -4.5% | 10 |
| Feb | +0.54% | -0.19% | 50% | +21.7% | -13.6% | 10 |
| Mar | -5.71% | -0.79% | 30% | +8.4% | -53.8% | 10 |
| Apr | +2.71% | +0.81% | 70% | +26.2% | -6.7% | 10 |
| May | -0.20% | +0.40% | 50% | +4.4% | -7.0% | 10 |
| Jun | +1.35% | +1.65% | 60% | +12.8% | -12.6% | 10 |
| Jul | +2.51% | +1.09% | 50% | +13.1% | -3.0% | 10 |
| Aug | +0.40% | -0.06% | 50% | +4.5% | -3.5% | 10 |
| Sep | -5.63% | -3.85% | 10% | +3.4% | -20.5% | 10 |
| Oct | -1.53% | -2.05% | 40% | +13.4% | -9.6% | 10 |
| Nov | +5.49% | +2.99% | 78% | +28.4% | -2.0% | 9 |
| Dec | -2.67% | -2.06% | 30% | +7.6% | -14.4% | 10 |
Monthly returns heat map — STWD
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.4 | -0.7 | -3.3 | 6.6 | -7.0 | -4.1 | -2.4 | -1.8 | -14.0 | -9.6 | -1.2 | -33.1% | |
| 2025 | 2.1 | 6.0 | -3.6 | -2.9 | 2.9 | 1.6 | -3.0 | 4.2 | -4.4 | -6.1 | 0.9 | -1.8 | -5.0% |
| 2024 | -3.3 | 0.3 | -0.3 | -6.7 | 2.5 | -2.6 | 5.3 | 4.5 | -2.2 | -3.1 | 3.2 | -7.0 | -9.8% |
| 2023 | 14.0 | -8.3 | -7.7 | 1.1 | -1.9 | 10.5 | 6.9 | -1.5 | -5.3 | -8.3 | 11.9 | 5.8 | +14.7% |
| 2022 | 1.9 | -3.7 | 1.4 | -5.3 | 4.4 | -12.6 | 13.1 | -2.9 | -20.5 | 13.4 | 3.6 | -14.4 | -24.6% |
| 2021 | -2.8 | 21.7 | 8.4 | 4.4 | -1.7 | 3.1 | -0.5 | -0.9 | -5.4 | 4.3 | -2.0 | -2.6 | +25.9% |
| 2020 | 3.2 | -13.6 | -53.8 | 26.2 | 2.5 | 12.8 | -0.1 | 4.3 | -3.3 | -7.4 | 28.4 | 7.6 | -22.4% |
| 2019 | 12.0 | 1.6 | -0.4 | 3.1 | -4.3 | 3.0 | 2.2 | 0.9 | 3.4 | 1.6 | -0.4 | 1.5 | +26.1% |
| 2018 | -4.5 | -0.7 | 3.5 | 0.1 | 3.6 | 0.0 | 5.2 | -3.5 | -2.3 | 0.9 | 3.0 | -11.9 | -7.7% |
| 2017 | 1.4 | 2.7 | -1.2 | 0.5 | -3.0 | 1.7 | -1.6 | 0.8 | -2.2 | -1.0 | 0.8 | -1.5 | -2.7% |
| 2016 | -2.3 |