Nicholas Defense and Rare Earth Income ETF (US88636X2606) - Seasonality

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Nicholas Defense and Rare Earth Income ETF (US88636X2606) - Seasonality

Seasonality Charts

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Correlation

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	50%	50%	100%	100%	100%	100%	100%	100%	50%	50%	50%	50%
Average return %	--	--	+73.64%	+3.69%	+6.49%	-10.04%	-5.73%	+10.85%	--	--	--	--
2026	--	--	+73.64%	+3.69%	+6.49%	-10.04%	-5.73%	+10.85%	-5.37%	--	--	--

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