S&P 500 vs Euro Stoxx 50: which is stronger each month?
S&P 500 has been strongest in July (+1.67%) and weakest in September (-1.12%). Euro Stoxx 50 has been strongest in April (+1.92%) and weakest in August (-1.12%). S&P 500 had the higher average in 6 of 12 months, and the two pointed the same way in 7 of 12.
Month by month
| Month | S&P 500 average | S&P 500 up years | Euro Stoxx 50 average | Euro Stoxx 50 up years | Stronger |
|---|---|---|---|---|---|
| January | +1.21% | 63% | +0.13% | 53% | S&P 500 |
| February | -0.11% | 52% | +0.13% | 58% | Euro Stoxx 50 |
| March | +0.42% | 61% | -0.09% | 53% | S&P 500 |
| April | +1.36% | 66% | +1.92% | 70% | Euro Stoxx 50 |
| May | +0.13% | 61% | -0.69% | 50% | S&P 500 |
| June | +0.79% | 57% | -0.91% | 35% | S&P 500 |
| July | +1.67% | 61% | +1.69% | 70% | Euro Stoxx 50 |
| August | +0.70% | 59% | -1.12% | 45% | S&P 500 |
| September | -1.12% | 45% | -0.25% | 55% | Euro Stoxx 50 |
| October | +0.55% | 59% | +0.68% | 63% | Euro Stoxx 50 |
| November | +1.01% | 62% | +1.31% | 53% | Euro Stoxx 50 |
| December | +1.27% | 72% | +0.90% | 68% | S&P 500 |
S&P 500 since 1928, Euro Stoxx 50 since 2007, monthly close to close, as of October 16, 2026. The highlighted row is the current month. Monthly correlation over the last 16 years: 0.76.
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Questions
What is the best month for S&P 500?
Since 1928, July has averaged +1.67% for S&P 500, higher in 61% of 99 years.
What is the best month for Euro Stoxx 50?
Since 2007, April has averaged +1.92% for Euro Stoxx 50, higher in 70% of 20 years.
Do S&P 500 and Euro Stoxx 50 move together?
Over the last 16 years their monthly moves had a correlation of 0.76, where 1 means they always move together and 0 means no link.
History describes the past. Not investment advice.
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Not investment advice. Market Seasonality publishes historical statistics, news summaries and scenario analysis for information and education. Past patterns do not guarantee future results. Nothing here is a recommendation to buy, sell or hold any asset, and scenarios describe possible paths without predicting them. See the disclaimer and methodology.