- Nasdaq was down 9 out of 33 years since 1990. In all those years where Nasdaq was down, it also had a negative return in September
- This is not true vice versa. Nasdaq was down 16 times in September, but only 9 out of that 16 times resulted in a negative return for the year. For the rest of 7 times, Nasdaq managed to close in green by year end.
- Those inconsitence (where QQQ was down in Sept but up for the year) is marked in the sheet
Overall, it was an even split (55% vs 45%) on how Spetember performance impacted its annual return