Market proxy EWJ$98.281D +0.39%as of market close, Sep 4, 2026
Japanese Stock Market monthly returns
Japanese Stock Market has averaged 0.42% per month, positive in 55% of months. Month-by-month returns for the Japanese Stock Market (proxied by EWJ, dividends reinvested) below, through September 4, 2026 — the table lists the most recent months; the bar chart plots the last 5 years.
Average month
+0.4%
357 months
Best month
+21.1%
Oct 1998
Worst month
-16.5%
Aug 1998
Positive months
55%
of all months
Japanese Stock Market monthly returns#
| Month | Path | Total return |
|---|---|---|
| Sep 2026 | +2.5% | |
| Aug 2026 | +3.8% | |
| Jul 2026 | -1.0% | |
| Jun 2026 | +1.0% | |
| May 2026 | +4.3% | |
| Apr 2026 | +5.5% | |
| Mar 2026 | -8.6% | |
| Feb 2026 | +7.8% | |
| Jan 2026 | +6.2% | |
| Dec 2025 | +0.9% | |
| Nov 2025 | -0.5% | |
| Oct 2025 | +4.0% | |
| Sep 2025 | +2.5% | |
| Aug 2025 | +6.3% | |
| Jul 2025 | -1.8% | |
| Jun 2025 | +2.0% | |
| May 2025 | +3.8% | |
| Apr 2025 | +4.2% | |
| Mar 2025 | +0.1% | |
| Feb 2025 | +0.2% | |
| Jan 2025 | +1.8% | |
| Dec 2024 | -2.2% | |
| Nov 2024 | +2.4% | |
| Oct 2024 | -4.9% | |
| Sep 2024 | -0.6% | |
| Aug 2024 | +1.4% | |
| Jul 2024 | +4.0% | |
| Jun 2024 | -0.3% | |
| May 2024 | +2.5% | |
| Apr 2024 | -5.7% | |
| Mar 2024 | +3.2% | |
| Feb 2024 | +4.4% | |
| Jan 2024 | +3.2% | |
| Dec 2023 | +3.9% | |
| Nov 2023 | +6.2% | |
| Oct 2023 | -2.2% | |
| Sep 2023 | -2.2% | |
| Aug 2023 | -2.8% | |
| Jul 2023 | +2.5% | |
| Jun 2023 | +5.0% | |
| May 2023 | +0.8% | |
| Apr 2023 | +0.3% | |
| Mar 2023 | +4.9% | |
| Feb 2023 | -4.7% | |
| Jan 2023 | +7.8% | |
| Dec 2022 | -2.2% | |
| Nov 2022 | +11.6% | |
| Oct 2022 | +2.3% | |
| Sep 2022 | -8.8% | |
| Aug 2022 | -4.6% | |
| Jul 2022 | +6.3% | |
| Jun 2022 | -7.4% | |
| May 2022 | +1.7% | |
| Apr 2022 | -8.1% | |
| Mar 2022 | -2.1% | |
| Feb 2022 | -1.8% | |
| Jan 2022 | -4.3% | |
| Dec 2021 | +2.3% | |
| Nov 2021 | -3.0% | |
| Oct 2021 | -2.6% | |
| Sep 2021 | +2.7% | |
| Aug 2021 | +1.9% | |
| Jul 2021 | -0.6% | |
| Jun 2021 | -0.8% | |
| May 2021 | +1.7% | |
| Apr 2021 | -1.6% | |
| Mar 2021 | +0.4% | |
| Feb 2021 | +1.8% | |
| Jan 2021 | -0.8% | |
| Dec 2020 | +5.3% | |
| Nov 2020 | +10.6% | |
| Oct 2020 | -1.4% | |
| Sep 2020 | +1.8% | |
| Aug 2020 | +6.8% | |
| Jul 2020 | -1.1% | |
| Jun 2020 | -0.1% | |
| May 2020 | +7.1% | |
| Apr 2020 | +4.8% | |
| Mar 2020 | -6.7% | |
| Feb 2020 | -8.3% | |
| Jan 2020 | -2.5% | |
| Dec 2019 | +0.9% | |
| Nov 2019 | +1.3% | |
| Oct 2019 | +3.4% | |
| Sep 2019 | +5.2% | |
| Aug 2019 | -0.8% | |
| Jul 2019 | -0.4% | |
| Jun 2019 | +4.5% | |
| May 2019 | -4.9% | |
| Apr 2019 | +1.3% | |
| Mar 2019 | +0.7% | |
| Feb 2019 | +0.1% | |
| Jan 2019 | +7.1% | |
| Dec 2018 | -7.7% | |
| Nov 2018 | +0.9% | |
| Oct 2018 | -8.9% | |
| Sep 2018 | +3.5% | |
| Aug 2018 | -0.5% | |
| Jul 2018 | +1.1% | |
| Jun 2018 | -2.3% | |
| May 2018 | -1.5% | |
| Apr 2018 | -0.1% | |
| Mar 2018 | -0.6% | |
| Feb 2018 | -3.0% | |
| Jan 2018 | +5.0% | |
| Dec 2017 | +0.7% | |
| Nov 2017 | +2.1% | |
| Oct 2017 | +5.3% | |
| Sep 2017 | +1.8% | |
| Aug 2017 | -0.1% | |
| Jul 2017 | +2.1% | |
| Jun 2017 | +1.3% | |
| May 2017 | +2.8% | |
| Apr 2017 | +0.7% | |
| Mar 2017 | +0.5% | |
| Feb 2017 | +1.3% | |
| Jan 2017 | +3.5% | |
| Dec 2016 | -0.9% | |
| Nov 2016 | -1.2% | |
| Oct 2016 | +0.7% |
Monthly total return (since Oct 2021)#
-10%-5%0%5%10%
Oct 2021-2.6%
Nov 2021-3.0%
Dec 2021+2.3%
Jan 2022-4.3%2022
Feb 2022-1.8%
Mar 2022-2.1%
Apr 2022-8.1%
May 2022+1.7%
Jun 2022-7.4%
Jul 2022+6.3%
Aug 2022-4.6%
Sep 2022-8.8%
Oct 2022+2.3%
Nov 2022+12%
Dec 2022-2.2%
Jan 2023+7.8%2023
Feb 2023-4.7%
Mar 2023+4.9%
Apr 2023+0.26%
May 2023+0.85%
Jun 2023+5.0%
Jul 2023+2.5%
Aug 2023-2.8%
Sep 2023-2.2%
Oct 2023-2.2%
Nov 2023+6.2%
Dec 2023+3.9%
Jan 2024+3.2%2024
Feb 2024+4.4%
Mar 2024+3.2%
Apr 2024-5.7%
May 2024+2.5%
Jun 2024-0.33%
Jul 2024+4.0%
Aug 2024+1.4%
Sep 2024-0.6%
Oct 2024-4.9%
Nov 2024+2.4%
Dec 2024-2.2%
Jan 2025+1.8%2025
Feb 2025+0.23%
Mar 2025+0.13%
Apr 2025+4.2%
May 2025+3.8%
Jun 2025+2.0%
Jul 2025-1.8%
Aug 2025+6.3%
Sep 2025+2.5%
Oct 2025+4.0%
Nov 2025-0.53%
Dec 2025+0.9%
Jan 2026+6.2%2026
Feb 2026+7.8%
Mar 2026-8.6%
Apr 2026+5.5%
May 2026+4.3%
Jun 2026+0.99%
Jul 2026-1.0%
Aug 2026+3.8%
Sep 2026+2.5%
Methodology#
Monthly returns are total returns (dividends reinvested), computed from EWJ's split- and dividend-adjusted month-end closes. The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.
FAQ#
- What is Japanese Stock Market's average monthly return?
- the Japanese Stock Market (proxied by EWJ, dividends reinvested) has averaged about 0.42% per month, positive in roughly 55% of months. The best month was Oct 1998 (+21.1%) and the worst was Aug 1998 (-16.5%).
More on Japanese Stock Market
- Returns by year+22.4%
- Weekly returns+2.5%
- Trailing returns+29.5%
- YTD return+22.4%
- Drawdown from high−0.2%
All 7 Japanese Stock Market pages →By month for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100Tracked by EWJ