Munich Re (MUV2-DE)
EURO STOXX 50 · Financials · data since 1998-06-24 · last close 2026-09-09
Munich Re (MUV2-DE) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -8.9 | 8.4 | -2.9 | -0.8 | -11.4 | 8.0 | 6.9 | -0.7 | -4.4 | · | · | · |
| 2025 | 7.3 | 4.6 | 6.5 | 3.3 | -1.8 | -3.6 | 4.5 | -5.4 | -0.2 | -1.3 | 1.4 | 3.4 |
| 2024 | 5.1 | 9.2 | 5.1 | -5.5 | 11.1 | 2.0 | -2.4 | 7.4 | 1.0 | -4.9 | 5.1 | -1.5 |
| 2023 | 8.9 | -1.5 | -1.1 | 5.6 | 1.6 | 2.9 | -0.3 | 4.5 | 3.0 | 2.5 | 3.3 | -4.0 |
| 2022 | 7.1 | -11.4 | -1.7 | -2.0 | 0.2 | -1.5 | -1.4 | 7.7 | 3.9 | 8.0 | 12.6 | 0.9 |
| 2021 | -9.9 | 11.1 | 8.1 | -4.7 | -1.9 | -2.2 | -1.3 | 8.6 | -4.3 | 8.2 | -7.0 | 9.3 |
| 2020 | 1.3 | -13.4 | -20.2 | 14.1 | 1.9 | 13.1 | -2.9 | 7.5 | -10.4 | -7.3 | 16.3 | 3.9 |
| 2019 | 2.1 | 6.5 | 1.9 | 5.7 | 1.1 | 2.1 | -1.3 | 0.1 | 8.9 | 4.9 | 4.7 | 0.9 |
| 2018 | 4.9 | -2.9 | 2.6 | 5.2 | -7.2 | 2.7 | 4.8 | -2.1 | 2.7 | -0.4 | 1.0 | -0.7 |
| 2017 | -3.3 | 2.6 | 2.8 | 0.5 | -0.1 | 0.5 | 2.8 | -4.5 | 4.3 | 6.2 | -2.7 | -3.3 |
| 2016 | -4.2 | 2.7 | -1.5 | -4.9 | 4.3 | -11.0 | -0.7 | 8.6 | 2.4 | 6.4 | -2.7 | 4.5 |
| 2015 | 7.4 | 4.2 | 8.2 | -9.2 | -4.0 | -5.4 | 5.2 | -2.1 | 1.8 | 8.8 | 5.1 | -3.3 |
| 2014 | -4.4 | 3.6 | -0.0 | 5.0 | 2.1 | -0.4 | -1.9 | -3.9 | 2.6 | 0.2 | 5.6 | 0.1 |
| 2013 | -0.5 | 1.7 | 6.0 | 8.9 | -4.7 | -2.3 | 5.5 | -7.6 | 4.8 | 6.5 | 4.6 | -0.5 |
| 2012 | 5.1 | 9.9 | 3.3 | 2.5 | -8.6 | 10.9 | 4.0 | 1.8 | 3.2 | 2.1 | 5.8 | 3.6 |
| 2011 | 0.8 | 5.7 | -8.2 | 6.2 | -4.3 | -1.1 | -2.3 | -11.8 | 3.0 | 4.2 | -3.8 | 1.1 |
| 2010 | -0.2 | 4.8 | 5.7 | -6.9 | -2.5 | -0.1 | 2.9 | -5.2 | 0.8 | 10.6 | -4.8 | 6.0 |
| 2009 | -6.6 | -6.5 | -5.3 | 20.4 | -5.4 | -2.8 | 10.3 | -1.9 | 4.8 | -1.3 | -3.0 | 4.1 |
| 2008 | -9.5 | -3.2 | 6.4 | 4.9 | -3.0 | -7.7 | -4.0 | -0.6 | 0.0 | -3.1 | 4.0 | 3.8 |
| 2007 | -7.2 | -0.5 | 5.1 | 7.1 | 6.7 | -2.6 | -6.9 | -0.1 | 6.3 | -1.7 | -6.0 | 6.8 |
| 2006 | -2.3 | 1.8 | 2.9 | -1.4 | -5.8 | 1.0 | 0.9 | 9.0 | 6.1 | 2.0 | -3.3 | 6.0 |
| 2005 | -3.1 | 6.4 | -0.4 | -6.6 | 4.9 | -0.9 | 9.0 | -5.5 | 4.6 | 3.2 | 13.1 | 3.2 |
| 2004 | -0.8 | -1.5 | -3.7 | -0.2 | -5.6 | 6.2 | -10.5 | -2.6 | -0.2 | -1.1 | 11.3 | 6.0 |
| 2003 | -21.9 | -6.1 | -37.2 | 70.5 | 2.5 | -2.0 | 13.9 | -7.8 | -8.5 | 20.3 | -7.6 | 1.4 |
| 2002 | -9.5 | 2.2 | 1.3 | -3.7 | -10.5 | -2.5 | -18.2 | -4.9 | -42.5 | 21.0 | 8.5 | -18.6 |
| 2001 | -8.2 | 0.8 | -4.9 | -4.2 | 0.6 | 1.8 | -0.1 | -3.6 | -10.5 | 3.9 | 1.7 | 2.1 |
| 2000 | 6.4 | 6.7 | 14.4 | -0.8 | -3.5 | 5.8 | 8.8 | -13.5 | 9.4 | 7.1 | 3.2 | 2.0 |
| 1999 | 6.3 | -15.5 | 1.5 | 1.5 | -13.8 | 11.6 | -2.4 | 3.4 | 3.8 | 9.4 | 0.6 | 18.5 |
| 1998 | · | · | · | · | · | 1.3 | -3.6 | -19.3 | 6.9 | 1.1 | 5.4 | 3.3 |
| Avg | -1.4 | 1.1 | -0.2 | 3.9 | -2.0 | 0.8 | 0.7 | -1.5 | 0.1 | 4.1 | 2.6 | 2.1 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
MUV2-DE seasonality — average by calendar month
Munich Re has monthly history back to 1998. Its strongest month by median is October — positive in 20 of 28 years, median +3.5%, and higher in 5 of the last 9. May is the soft spot, down in 17 of 28 with a median of -2.2%. Across its full record it has closed 56% of months higher, swings ±8.1% in an average month and has fallen 86.4% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | -1.4% | +1.1% | -0.2% | +3.9% | -2.0% | +0.8% | +0.7% | -1.5% | +0.3% | +4.1% | +2.6% | +2.1% |
| Win rate | 43%/28 | 64%/28 | 57%/28 | 54%/28 | 39%/28 | 48%/29 | 45%/29 | 34%/29 | 75%/28 | 71%/28 | 68%/28 | 75%/28 |
Win rate = share of positive months / sample size.
MUV2-DE risk & extremes
MUV2-DE drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Frequently asked questions
What was Munich Re's best month?+
Munich Re's strongest completed month on record is April 2003, at +70.48%.
What was Munich Re's worst month?+
Its weakest completed month on record is September 2002, at -42.54%.
Is Munich Re up this year?+
Munich Re is down 7.56% year to date, measured from its last close before 1 January.
What is Munich Re's 1-year return?+
-1.98% 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 Munich Re's biggest drawdown?+
The deepest peak-to-trough fall on record is 86.4%, measured on month-end closes since 1998.
Which calendar month is historically best for Munich Re?+
October has the highest average return across every completed October since 1998. An average is not a forecast.
About Munich Re
Munich Re is a EURO STOXX 50 company, a financials business worth about $73 billion. It has survived more market cycles than most coins have months — with price receipts on this site going back to 1998. And the long game: $100 at its first close here (1998) would be about $616 today.
Did you know?
- Its best month on record was April 2003 at +70.48%; its worst, September 2002 at -42.54%.
- It has closed September in the green 21 out of 28 times — not a promise, just a suspicious habit.
Trivia for entertainment — the numbers come from our price data; the jokes don't.