Palladium (PA-F)
Commodities · Precious metal · data since 1998-09-28 · last close 2026-09-09
Palladium (PA-F) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.6 | 6.2 | -17.9 | 3.8 | -10.8 | -11.8 | 6.3 | 6.8 | 0.6 | · | · | · |
| 2025 | 18.2 | -15.7 | 10.2 | -6.2 | 3.3 | 14.7 | 8.5 | -7.6 | 14.3 | 14.3 | 1.6 | 10.9 |
| 2024 | -10.1 | -6.0 | 8.1 | -5.7 | -5.5 | 8.8 | -5.7 | 4.2 | 3.9 | 10.8 | -10.5 | -8.8 |
| 2023 | -8.1 | -14.6 | 4.4 | 3.5 | -11.7 | -9.5 | 4.2 | -4.5 | 3.9 | -10.6 | -10.1 | 9.4 |
| 2022 | 23.1 | 6.4 | -9.8 | 2.1 | -13.4 | -4.3 | 11.5 | -2.9 | 5.2 | -15.8 | 0.9 | -3.0 |
| 2021 | -9.9 | 4.7 | 13.3 | 13.0 | -4.5 | -1.7 | -4.4 | -7.1 | -22.9 | 4.4 | -14.3 | 12.0 |
| 2020 | 17.7 | 11.7 | -7.0 | -16.3 | -0.9 | 0.6 | 9.8 | 5.2 | 3.4 | -4.8 | 8.3 | 2.3 |
| 2019 | 6.7 | 14.5 | -12.2 | 3.1 | -3.9 | 14.9 | -0.9 | 1.3 | 7.2 | 6.6 | 3.3 | 5.2 |
| 2018 | -4.3 | 1.9 | -9.8 | 1.9 | 2.7 | -3.1 | -1.9 | 4.3 | 11.3 | -0.5 | 7.7 | 7.3 |
| 2017 | 10.5 | 2.2 | 3.6 | 3.6 | -0.8 | 3.6 | 4.9 | 4.7 | 0.6 | 4.5 | 2.7 | 6.7 |
| 2016 | -11.3 | -0.4 | 13.6 | 11.5 | -12.8 | 9.2 | 18.4 | -5.6 | 7.8 | -14.3 | 25.0 | -11.5 |
| 2015 | -3.2 | 5.9 | -10.2 | 5.7 | 0.0 | -13.5 | -9.1 | -1.4 | 8.2 | 4.0 | -19.9 | 3.5 |
| 2014 | -2.0 | 5.8 | 4.5 | 4.5 | 2.8 | 0.9 | 3.7 | 3.9 | -14.7 | 2.1 | 2.6 | -1.7 |
| 2013 | 6.1 | -1.7 | 4.7 | -9.2 | 7.8 | -12.2 | 10.1 | -0.5 | 0.6 | 1.4 | -2.5 | -0.1 |
| 2012 | 4.6 | 3.0 | -7.6 | 4.4 | -10.2 | -4.8 | 1.1 | 6.5 | 1.9 | -4.8 | 12.7 | 2.4 |
| 2011 | 1.9 | -2.6 | -3.7 | 3.1 | -1.6 | -2.5 | 8.9 | -4.7 | -22.1 | 6.0 | -6.3 | 7.5 |
| 2010 | 2.3 | 3.8 | 10.6 | 16.0 | -16.8 | -3.8 | 12.5 | 0.1 | 14.2 | 12.9 | 8.7 | 14.6 |
| 2009 | -1.1 | 5.6 | 12.3 | -0.3 | 8.2 | 4.6 | · | 18.1 | 2.3 | 6.1 | 14.8 | 12.0 |
| 2008 | · | 56.7 | -20.9 | · | -3.9 | 6.8 | -17.5 | -20.8 | -26.1 | -11.6 | -3.0 | -3.1 |
| 2007 | 4.3 | 3.1 | 0.9 | · | 3.9 | -1.1 | 4.6 | -12.5 | 2.5 | · | 2.0 | 4.7 |
| 2006 | 12.7 | -2.6 | 16.4 | 11.9 | -7.9 | -10.9 | · | 10.9 | -7.9 | 1.4 | 2.8 | -0.9 |
| 2005 | 2.8 | -3.9 | 11.2 | -2.8 | -7.8 | -0.3 | 7.0 | -6.5 | 9.7 | 13.8 | 12.5 | 3.1 |
| 2004 | 17.2 | -1.0 | 26.5 | -10.9 | -0.3 | -16.5 | 1.1 | -1.3 | 4.9 | -5.6 | -0.8 | -12.0 |
| 2003 | 8.8 | -5.9 | -25.1 | -14.5 | 18.6 | -2.0 | 0.4 | 10.9 | 6.6 | -3.3 | -9.3 | 4.6 |
| 2002 | -17.6 | 0.8 | 4.5 | -8.6 | -2.3 | -8.1 | 0.1 | 2.6 | -2.7 | -2.7 | -14.3 | -10.5 |
| 2001 | 10.5 | -20.6 | -11.1 | -7.5 | -7.0 | -6.2 | -23.1 | -1.8 | -21.2 | -11.4 | 10.8 | 27.9 |
| 2000 | 7.9 | 46.9 | -16.4 | 4.2 | -6.2 | 11.4 | 26.2 | -12.4 | -0.3 | 9.4 | 4.7 | 16.5 |
| 1999 | 1.3 | 4.2 | 2.2 | -14.0 | 10.9 | -6.3 | 5.5 | 1.2 | 8.0 | 6.5 | 0.9 | 13.1 |
| 1998 | · | · | · | · | · | · | · | · | -3.2 | -1.5 | -1.1 | 21.2 |
| Avg | 3.4 | 3.9 | -0.2 | -0.1 | -2.5 | -1.5 | 3.2 | -0.3 | -0.1 | 0.7 | 1.1 | 4.8 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
PA-F seasonality — average by calendar month
Palladium has monthly history back to 1998. Its strongest month by median is December — positive in 19 of 28 years, median +4.7%, and higher in 7 of the last 9. May is the soft spot, down in 19 of 28 with a median of -3.1%. Across its full record it has closed 57% of months higher, swings ±10.4% in an average month and has fallen 86.3% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +3.4% | +3.9% | -0.2% | -0.1% | -2.5% | -1.5% | +3.2% | -0.3% | -0.2% | +0.7% | +1.1% | +4.8% |
| Win rate | 67%/27 | 61%/28 | 57%/28 | 58%/26 | 32%/28 | 36%/28 | 73%/26 | 50%/28 | 68%/28 | 56%/27 | 61%/28 | 68%/28 |
Win rate = share of positive months / sample size.
PA-F risk & extremes
PA-F 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 Palladium's best month?+
Palladium's strongest completed month on record is February 2008, at +56.68%.
What was Palladium's worst month?+
Its weakest completed month on record is September 2008, at -26.09%.
Is Palladium up this year?+
Palladium is down 15.88% year to date, measured from its last close before 1 January.
What is Palladium's 1-year return?+
+21.85% 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 Palladium's biggest drawdown?+
The deepest peak-to-trough fall on record is 86.3%, measured on month-end closes since 1998.
Which calendar month is historically best for Palladium?+
December has the highest average return across every completed December since 1998. An average is not a forecast.
About Palladium
Palladium is a precious metal business. Tracked here from its first session onward — every monthly, quarterly and weekly return on record since 1998, with no gaps filled in and nothing smoothed. And the long game: $100 at its first close here (1998) would be about $485 today.
Did you know?
- Its best month on record was February 2008 at +56.68%; its worst, September 2008 at -26.09%.
- It has closed July in the green 19 out of 26 times — calendar astrology, but the fun kind.
Trivia for entertainment — the numbers come from our price data; the jokes don't.