DUOT Seasonality

Monthly returns (%)

	21	22	23	24	25	26
Jan	+15.6	+2.5	+133.5	+50.0	+0.5	-16.4
Feb	+23.1	+11.0	+10.9	-14.0	+0.5	-19.7
Mar	+81.1	-5.8	-45.9	+16.0	-6.6	-9.1
Apr	-17.6	-33.6	+42.1	-29.7	+23.3	+28.3
May	+8.3	-3.6	+31.4	-21.3	+10.0	+53.4
Jun	+5.2	+8.8	+13.6	+19.2	-6.5	-11.1
Jul	-23.0	+4.4	+4.5	+0.3	-5.3	-28.2
Aug	-20.1	+4.5	-14.0	-18.8	-5.5	+7.8
Sep	-1.9	-2.9	-3.9	+28.8	+15.0	-4.7
Oct	-13.6	-20.0	-37.3	+58.7	+40.6	-29.9
Nov	-12.5	-21.5	-5.6	+16.2	-2.7	-3.5
Dec	+9.6	-21.6	-4.6	+8.1	+11.7
Yr	+21	-61	+45	+106	+88	-47

Total return — dividends reinvested (prices are dividend- and split-adjusted).

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Average	+20.2	+1.4	-2.0	-8.4	+6.4	+6.1	-5.7	-9.9	+4.5	-1.9	-1.5	-0.8
Median	+8.5	+5.7	-6.2	-10.1	+5.6	+7.0	-2.5	-13.2	-0.9	-5.4	-3.3	+0.3
Hit rate	87%	75%	37%	37%	62%	75%	50%	25%	50%	25%	25%	50%

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