California 50 provides better returns than Bordeaux and Italy in 2021
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CONTENT

  • The California 50 has risen 16.5% year-to-date. 
  • It has outgained many of the Liv-ex 1000 sub-indices over one and five year periods too. 
  • Only the Burgundy 150 and Champagne 50 have seen better returns. 

 

*made using the Liv-ex Charting Tool

The California 50 index, which tracks the price performance of five of the state’s leading labels, has enjoyed a strong five year stretch. During this time it has provided better returns than many of the sub-indices that make up the Liv-ex Fine Wine 1000. 

The index has risen 16.5% year-to-date, more than the Italy 100 (10.0%), Rhone 100 (12.0%) and Bordeaux 500 (8.2%). 

Both year-to-date and over the past year, the California 50 lags behind just two of the Liv-ex 1000 sub-indices – the Burgundy 150 and Champagne 50. 

California 50 versus Liv-ex 1000 sub-indices over one year

*made using the Liv-ex Charting Tool

Top traded Californian wines by value

The California 50 tracks five of the state’s leading labels: Harlan, Ridge, Dominus, Screaming Eagle and Opus One. 

Last month we noted that Ridge has been the best-performing of these estates this year, with a price performance of 22.7%. 

Although the best performer year-to-date has been Harlan 2017 (13.7%), this month has been Dominus 2018, whose ‘Wine of the Year’ nod from Wine Spectator last week caused an immediate jump in the market. The wine is up in price over 30% since the start of the month and has been trading actively. 

For all LIVE Californian offers click here. 

Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 530+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £80m of bids and offers across 16,000 wines. Independent data, direct from the market.