S&P 500 Index (GSPC)
Benchmark index · United States · data since 1927-12-30 · last close 2026-09-09
S&P 500 Index (GSPC) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.4 | -0.9 | -5.1 | 10.4 | 5.2 | -1.1 | -0.1 | 2.6 | -0.7 | · | · | · |
| 2025 | 2.7 | -1.4 | -5.8 | -0.8 | 6.2 | 5.0 | 2.2 | 1.9 | 3.5 | 2.3 | 0.1 | -0.1 |
| 2024 | 1.6 | 5.2 | 3.1 | -4.2 | 4.8 | 3.5 | 1.1 | 2.3 | 2.0 | -1.0 | 5.7 | -2.5 |
| 2023 | 6.2 | -2.6 | 3.5 | 1.5 | 0.3 | 6.5 | 3.1 | -1.8 | -4.9 | -2.2 | 8.9 | 4.4 |
| 2022 | -5.3 | -3.1 | 3.6 | -8.8 | 0.0 | -8.4 | 9.1 | -4.2 | -9.3 | 8.0 | 5.4 | -5.9 |
| 2021 | -1.1 | 2.6 | 4.2 | 5.2 | 0.6 | 2.2 | 2.3 | 2.9 | -4.8 | 6.9 | -0.8 | 4.4 |
| 2020 | -0.2 | -8.4 | -12.5 | 12.7 | 4.5 | 1.8 | 5.5 | 7.0 | -3.9 | -2.8 | 10.8 | 3.7 |
| 2019 | 7.9 | 3.0 | 1.8 | 3.9 | -6.6 | 6.9 | 1.3 | -1.8 | 1.7 | 2.0 | 3.4 | 2.9 |
| 2018 | 5.6 | -3.9 | -2.7 | 0.3 | 2.2 | 0.5 | 3.6 | 3.0 | 0.4 | -6.9 | 1.8 | -9.2 |
| 2017 | 1.8 | 3.7 | -0.0 | 0.9 | 1.2 | 0.5 | 1.9 | 0.1 | 1.9 | 2.2 | 2.8 | 1.0 |
| 2016 | -5.1 | -0.4 | 6.6 | 0.3 | 1.5 | 0.1 | 3.6 | -0.1 | -0.1 | -1.9 | 3.4 | 1.8 |
| 2015 | -3.1 | 5.5 | -1.7 | 0.8 | 1.1 | -2.1 | 2.0 | -6.3 | -2.6 | 8.3 | 0.1 | -1.8 |
| 2014 | -3.6 | 4.3 | 0.7 | 0.6 | 2.1 | 1.9 | -1.5 | 3.8 | -1.6 | 2.3 | 2.5 | -0.4 |
| 2013 | 5.0 | 1.1 | 3.6 | 1.8 | 2.1 | -1.5 | 5.0 | -3.1 | 3.0 | 4.5 | 2.8 | 2.4 |
| 2012 | 4.4 | 4.1 | 3.1 | -0.8 | -6.3 | 4.0 | 1.3 | 2.0 | 2.4 | -2.0 | 0.3 | 0.7 |
| 2011 | 2.3 | 3.2 | -0.1 | 2.9 | -1.4 | -1.8 | -2.1 | -5.7 | -7.2 | 10.8 | -0.5 | 0.8 |
| 2010 | -3.7 | 2.9 | 5.9 | 1.5 | -8.2 | -5.4 | 6.9 | -4.7 | 8.8 | 3.7 | -0.2 | 6.5 |
| 2009 | -8.6 | -11.0 | 8.5 | 9.4 | 5.3 | 0.0 | 7.4 | 3.4 | 3.6 | -2.0 | 5.7 | 1.8 |
| 2008 | -6.1 | -3.5 | -0.6 | 4.8 | 1.1 | -8.6 | -1.0 | 1.2 | -9.1 | -16.9 | -7.5 | 0.8 |
| 2007 | 1.4 | -2.2 | 1.0 | 4.3 | 3.3 | -1.8 | -3.2 | 1.3 | 3.6 | 1.5 | -4.4 | -0.9 |
| 2006 | 2.5 | 0.1 | 1.1 | 1.2 | -3.1 | 0.0 | 0.5 | 2.1 | 2.5 | 3.1 | 1.6 | 1.3 |
| 2005 | -2.5 | 1.9 | -1.9 | -2.0 | 3.0 | -0.0 | 3.6 | -1.1 | 0.7 | -1.8 | 3.5 | -0.1 |
| 2004 | 1.7 | 1.2 | -1.6 | -1.7 | 1.2 | 1.8 | -3.4 | 0.2 | 0.9 | 1.4 | 3.9 | 3.3 |
| 2003 | -2.7 | -1.7 | 0.8 | 8.1 | 5.1 | 1.1 | 1.6 | 1.8 | -1.2 | 5.5 | 0.7 | 5.1 |
| 2002 | -1.6 | -2.1 | 3.7 | -6.1 | -0.9 | -7.3 | -7.9 | 0.5 | -11.0 | 8.6 | 5.7 | -6.0 |
| 2001 | 3.5 | -9.2 | -6.4 | 7.7 | 0.5 | -2.5 | -1.1 | -6.4 | -8.2 | 1.8 | 7.5 | 0.8 |
| 2000 | -5.1 | -2.0 | 9.7 | -3.1 | -2.2 | 2.4 | -1.6 | 6.1 | -5.3 | -0.5 | -8.0 | 0.4 |
| 1999 | 4.1 | -3.2 | 3.9 | 3.8 | -2.5 | 5.4 | -3.2 | -0.6 | -2.9 | 6.3 | 1.9 | 5.8 |
| 1998 | 1.0 | 7.0 | 5.0 | 0.9 | -1.9 | 3.9 | -1.2 | -14.6 | 6.2 | 8.0 | 5.9 | 5.6 |
| 1997 | 6.1 | 0.6 | -4.3 | 5.8 | 5.9 | 4.3 | 7.8 | -5.8 | 5.3 | -3.5 | 4.5 | 1.6 |
| 1996 | 3.3 | 0.7 | 0.8 | 1.3 | 2.3 | 0.2 | -4.6 | 1.9 | 5.4 | 2.6 | 7.3 | -2.1 |
| 1995 | 2.4 | 3.6 | 2.7 | 2.8 | 3.6 | 2.1 | 3.2 | -0.0 | 4.0 | -0.5 | 4.1 | 1.7 |
| 1994 | 3.3 | -3.0 | -4.6 | 1.1 | 1.2 | -2.7 | 3.1 | 3.8 | -2.7 | 2.1 | -4.0 | 1.2 |
| 1993 | 0.7 | 1.1 | 1.9 | -2.5 | 2.3 | 0.1 | -0.5 | 3.4 | -1.0 | 1.9 | -1.3 | 1.0 |
| 1992 | -2.0 | 1.0 | -2.2 | 2.8 | 0.1 | -1.7 | 3.9 | -2.4 | 0.9 | 0.2 | 3.0 | 1.0 |
| 1991 | 4.2 | 6.7 | 2.2 | 0.0 | 3.9 | -4.8 | 4.5 | 2.0 | -1.9 | 1.2 | -4.4 | 11.2 |
| 1990 | -6.9 | 0.8 | 2.4 | -2.7 | 9.2 | -0.9 | -0.5 | -9.4 | -5.1 | -0.7 | 6.0 | 2.5 |
| 1989 | 7.1 | -2.9 | 2.1 | 5.0 | 3.5 | -0.8 | 8.8 | 1.6 | -0.7 | -2.5 | 1.6 | 2.1 |
| 1988 | 4.0 | 4.2 | -3.3 | 0.9 | 0.3 | 4.3 | -0.5 | -3.9 | 4.0 | 2.6 | -1.9 | 1.5 |
| 1987 | 13.2 | 3.7 | 2.6 | -1.1 | 0.6 | 4.8 | 4.8 | 3.5 | -2.4 | -21.8 | -8.5 | 7.3 |
| 1986 | 0.2 | 7.2 | 5.3 | -1.4 | 5.0 | 1.4 | -5.9 | 7.1 | -8.5 | 5.5 | 2.1 | -2.8 |
| 1985 | 7.4 | 0.9 | -0.3 | -0.5 | 5.4 | 1.2 | -0.5 | -1.2 | -3.5 | 4.3 | 6.5 | 4.5 |
| 1984 | -0.9 | -3.9 | 1.4 | 0.6 | -5.9 | 1.8 | -1.6 | 10.6 | -0.3 | -0.0 | -1.5 | 2.2 |
| 1983 | 3.3 | 1.9 | 3.3 | 7.5 | -1.2 | 3.2 | -3.0 | 1.1 | 1.0 | -1.5 | 1.7 | -0.9 |
| 1982 | -1.8 | -6.0 | -1.0 | 4.0 | -3.9 | -2.0 | -2.3 | 11.6 | 0.8 | 11.0 | 3.6 | 1.5 |
| 1981 | -4.6 | 1.3 | 3.6 | -2.4 | -0.2 | -1.0 | -0.2 | -6.2 | -5.4 | 4.9 | 3.7 | -3.0 |
| 1980 | 5.8 | -0.4 | -10.2 | 4.1 | 4.7 | 2.7 | 6.5 | 0.6 | 2.5 | 1.6 | 10.2 | -3.4 |
| 1979 | 4.0 | -3.6 | 5.5 | 0.2 | -2.6 | 3.9 | 0.9 | 5.3 | 0.0 | -6.9 | 4.3 | 1.7 |
| 1978 | -6.2 | -2.5 | 2.5 | 8.5 | 0.4 | -1.8 | 5.4 | 2.6 | -0.7 | -9.2 | 1.7 | 1.5 |
| 1977 | -5.0 | -2.2 | -1.4 | 0.0 | -2.4 | 4.5 | -1.6 | -2.1 | -0.3 | -4.3 | 2.7 | 0.3 |
| 1976 | 11.8 | -1.1 | 3.1 | -1.1 | -1.4 | 4.1 | -0.8 | -0.5 | 2.3 | -2.2 | -0.8 | 5.3 |
| 1975 | 12.3 | 6.0 | 2.2 | 4.7 | 4.4 | 4.4 | -6.8 | -2.1 | -3.5 | 6.2 | 2.5 | -1.1 |
| 1974 | -1.0 | -0.4 | -2.3 | -3.9 | -3.4 | -1.5 | -7.8 | -9.0 | -11.9 | 16.3 | -5.3 | -2.0 |
| 1973 | -1.7 | -3.8 | -0.1 | -4.1 | -1.9 | -0.7 | 3.8 | -3.7 | 4.0 | -0.1 | -11.4 | 1.7 |
| 1972 | 1.8 | 2.5 | 0.6 | 0.4 | 1.7 | -2.2 | 0.2 | 3.5 | -0.5 | 0.9 | 4.6 | 1.2 |
| 1971 | 4.0 | 0.9 | 3.7 | 3.6 | -4.2 | -0.9 | -3.2 | 3.6 | -0.7 | -4.2 | -0.3 | 8.6 |
| 1970 | -7.7 | 5.3 | 0.1 | -9.1 | -6.1 | -5.0 | 7.3 | 4.5 | 3.4 | -1.3 | 4.7 | 5.7 |
| 1969 | -0.8 | -4.7 | 3.4 | 2.1 | -0.2 | -5.6 | -6.0 | 4.0 | -2.5 | 4.3 | -3.4 | -1.9 |
| 1968 | -4.4 | -3.1 | 0.9 | 8.1 | 1.3 | 0.9 | -1.9 | 1.1 | 3.9 | 0.7 | 4.8 | -4.2 |
| 1967 | 7.8 | 0.2 | 3.9 | 4.2 | -5.2 | 1.8 | 4.5 | -1.2 | 3.3 | -3.5 | 0.8 | 2.6 |
| 1966 | 0.5 | -1.8 | -2.2 | 2.0 | -5.4 | -1.6 | -1.4 | -7.8 | -0.7 | 4.8 | 0.3 | -0.1 |
| 1965 | 3.3 | -0.1 | -1.4 | 3.4 | -0.8 | -4.9 | 1.3 | 2.3 | 3.2 | 2.7 | -0.9 | 0.9 |
| 1964 | 2.7 | 1.0 | 1.5 | 0.6 | 1.1 | 1.6 | 1.8 | -1.6 | 2.9 | 0.8 | -0.5 | 0.4 |
| 1963 | 4.9 | -2.9 | 3.5 | 4.8 | 1.4 | -2.0 | -0.3 | 4.9 | -1.1 | 3.2 | -1.1 | 2.4 |
| 1962 | -3.8 | 1.6 | -0.6 | -6.2 | -8.6 | -8.2 | 6.4 | 1.5 | -4.8 | 0.4 | 10.2 | 1.4 |
| 1961 | 6.3 | 2.7 | 2.5 | 0.4 | 1.9 | -2.9 | 3.3 | 2.0 | -2.0 | 2.8 | 3.9 | 0.3 |
| 1960 | -7.2 | 0.9 | -1.4 | -1.8 | 2.7 | 1.9 | -2.5 | 2.6 | -6.0 | -0.2 | 4.0 | 4.6 |
| 1959 | 0.4 | -0.1 | 0.1 | 3.9 | 1.9 | -0.4 | 3.5 | -1.5 | -4.6 | 1.1 | 1.3 | 2.8 |
| 1958 | 4.3 | -2.1 | 3.1 | 3.2 | 1.5 | 2.6 | 4.3 | 1.2 | 4.8 | 2.5 | 2.2 | 5.2 |
| 1957 | -4.2 | -3.3 | 2.0 | 3.7 | 3.7 | -0.1 | 1.1 | -5.6 | -6.2 | -3.2 | 1.6 | -4.2 |
| 1956 | -3.6 | 3.5 | 6.9 | -0.2 | -6.6 | 3.9 | 5.2 | -3.8 | -4.5 | 0.5 | -1.1 | 3.5 |
| 1955 | 1.8 | 0.3 | -0.5 | 3.8 | -0.1 | 8.2 | 6.1 | -0.8 | 1.1 | -3.0 | 7.5 | -0.1 |
| 1954 | 5.1 | 0.3 | 3.0 | 4.9 | 3.3 | 0.1 | 5.7 | -3.4 | 8.3 | -1.9 | 8.1 | 5.1 |
| 1953 | -0.7 | -1.8 | -2.4 | -2.6 | -0.3 | -1.6 | 2.5 | -5.8 | 0.1 | 5.1 | 0.9 | 0.2 |
| 1952 | 1.6 | -3.6 | 4.8 | -4.3 | 2.3 | 4.6 | 1.8 | -1.5 | -2.0 | -0.1 | 4.7 | 3.5 |
| 1951 | 6.0 | 0.7 | -1.5 | 4.4 | -4.1 | -2.6 | 6.9 | 3.9 | -0.1 | -1.4 | -0.3 | 3.9 |
| 1950 | 1.6 | 1.0 | 0.4 | 3.9 | 4.6 | -5.8 | 0.8 | 3.3 | 5.6 | 0.4 | -0.1 | 4.7 |
| 1949 | 0.1 | -3.9 | 3.0 | -2.3 | -3.5 | -0.2 | 6.2 | 1.2 | 2.4 | 3.0 | 0.1 | 4.5 |
| 1948 | -4.0 | -5.1 | 8.3 | 2.6 | 7.8 | 0.3 | -5.3 | 0.8 | -3.0 | 6.5 | -10.6 | 3.0 |
| 1947 | 2.4 | -1.5 | -1.7 | -3.9 | -0.9 | 5.3 | 3.6 | -2.8 | -1.4 | 2.1 | -2.9 | 2.1 |
| 1946 | 7.0 | -7.0 | 4.4 | 4.0 | 2.2 | -3.9 | -2.5 | -7.3 | -10.2 | -0.8 | -1.1 | 4.2 |
| 1945 | 1.4 | 6.2 | -4.8 | 9.0 | 1.1 | -0.9 | -1.4 | 5.8 | 3.5 | 3.7 | 3.2 | 1.0 |
| 1944 | 1.5 | -0.3 | 1.7 | -1.3 | 4.0 | 5.1 | -2.1 | 0.9 | -0.6 | 0.3 | 0.4 | 3.5 |
| 1943 | 6.9 | 5.1 | 5.6 | 0.1 | 4.0 | 2.5 | -4.0 | -0.4 | 2.4 | -1.4 | -7.5 | 5.9 |
| 1942 | 1.8 | -2.9 | -6.8 | -4.4 | 6.4 | 1.8 | 3.1 | 0.7 | 2.7 | 5.8 | -0.8 | 5.2 |
| 1941 | -4.8 | -1.5 | 0.4 | -6.5 | 0.8 | 5.0 | 5.5 | -1.1 | -0.8 | -6.9 | -4.0 | -4.7 |
| 1940 | -3.3 | 0.7 | 0.4 | 0.1 | -23.9 | 7.7 | 3.1 | 2.0 | 1.5 | 3.9 | -4.6 | 0.1 |
| 1939 | -6.4 | 3.3 | -13.5 | -0.5 | 6.1 | -6.4 | 10.9 | -7.1 | 14.4 | 0.3 | -4.9 | 2.1 |
| 1938 | 1.3 | 6.1 | -25.0 | 15.1 | -5.2 | 24.7 | 6.7 | -2.2 | 1.5 | 7.6 | -3.3 | 3.2 |
| 1937 | 3.4 | 1.6 | -0.8 | -8.3 | -1.0 | -5.3 | 8.9 | -4.3 | -14.2 | -10.3 | -10.0 | -5.0 |
| 1936 | 6.5 | 2.0 | 2.2 | -7.7 | 4.6 | 3.1 | 6.8 | 0.9 | 0.1 | 7.6 | 0.3 | -0.6 |
| 1935 | -4.2 | -4.0 | -3.3 | 9.8 | 3.2 | 6.9 | 8.2 | 1.4 | 3.1 | 7.5 | 3.9 | 3.8 |
| 1934 | 12.0 | -3.7 | -1.3 | -1.5 | -8.1 | 2.1 | -11.5 | 5.4 | -0.8 | -3.0 | 8.3 | -0.4 |
| 1933 | 0.3 | -18.4 | 3.4 | 33.9 | 23.1 | 13.2 | -8.8 | 11.5 | -12.3 | -7.8 | 10.3 | 0.9 |
| 1932 | -2.2 | 4.4 | -11.8 | -20.3 | -23.3 | -0.9 | 36.1 | 39.1 | -3.7 | -13.9 | -5.9 | 5.7 |
| 1931 | 5.5 | 11.4 | -7.4 | -9.6 | -13.7 | 13.9 | -7.4 | 0.9 | -29.9 | 7.4 | -8.9 | -14.5 |
| 1930 | 6.3 | 2.1 | 3.7 | 3.1 | -1.6 | -16.5 | 3.7 | 0.8 | -13.0 | -8.9 | -3.3 | -6.3 |
| 1929 | 5.7 | -0.6 | -0.2 | 1.6 | -4.3 | 10.4 | 5.4 | 9.8 | -4.9 | -19.9 | -13.4 | 2.5 |
| 1928 | -0.5 | -1.8 | 11.7 | 2.4 | 1.3 | -4.3 | 1.5 | 7.4 | 1.3 | 2.5 | 12.0 | 0.3 |
| 1927 | · | · | · | · | · | · | · | · | · | · | · | 0.0 |
| Avg | 1.2 | -0.1 | 0.4 | 1.4 | 0.1 | 0.8 | 1.7 | 0.7 | -1.1 | 0.5 | 1.0 | 1.3 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
GSPC seasonality — average by calendar month
S&P 500 Index has monthly history back to 1927. Its strongest month by median is November — positive in 61 of 98 years, median +1.6%, and higher in 8 of the last 9. September is the soft spot, down in 54 of 98 with a median of -0.4%. Across its full record it has closed 60% of months higher, swings ±5.3% in an average month and has fallen 86.2% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +1.2% | -0.1% | +0.4% | +1.4% | +0.1% | +0.8% | +1.7% | +0.7% | -1.1% | +0.6% | +1.0% | +1.3% |
| Win rate | 63%/99 | 52%/99 | 61%/99 | 66%/99 | 61%/99 | 57%/99 | 61%/99 | 59%/99 | 45%/98 | 59%/98 | 62%/98 | 72%/99 |
Win rate = share of positive months / sample size.
GSPC risk & extremes
GSPC drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Compare GSPC
Frequently asked questions
What was S&P 500 Index's best month?+
S&P 500 Index's strongest completed month on record is August 1932, at +39.14%.
What was S&P 500 Index's worst month?+
Its weakest completed month on record is September 1931, at -29.94%.
Is S&P 500 Index up this year?+
S&P 500 Index is up 11.55% year to date, measured from its last close before 1 January.
What is S&P 500 Index's 1-year return?+
+17.25% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is S&P 500 Index's biggest drawdown?+
The deepest peak-to-trough fall on record is 86.2%, measured on month-end closes since 1927.
Which calendar month is historically best for S&P 500 Index?+
July has the highest average return across every completed July since 1927. An average is not a forecast.
About S&P 500 Index
S&P 500 Index isn't a company — it's the scoreboard: United States's benchmark index, tracked here like any other asset, no CEO, no earnings calls, just the crowd's verdict in one number — with price history on this site back to 1927. And the long game: $100 at its first close here (1927) would be about $43,531 today.
Did you know?
- Its best month on record was August 1932 at +39.14%; its worst, September 1931 at -29.94%.
- It has closed December in the green 71 out of 99 times — calendar astrology, but the fun kind.
Trivia for entertainment — the numbers come from our price data; the jokes don't.