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Are Disruptive Technologies the Next Dot-com Bubble?

Are disruptive technologies the new and improved version of the 1990s dot-com stocks? The short answer is no, but there are certainly some similarities building.

Dave Sekera, CFA 25 June, 2021 | 8:00
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ARK Innovation ETF (ARKK), an icon of thematic investing, is probably the highest-profile example of investing in disruptive technology. Even after sliding since its February highs, the stock remains almost double where it traded a year ago and triple from two years ago. Here, you can see how the returns of this single fund compare with the returns of the Morningstar US Technology Index in the era of the dot-com bubble.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
DocuSign Inc295.10 USD-0.99Rating
Palantir Technologies Inc Ordinary Shares - Class A22.10 USD1.80Rating
Teladoc Health Inc150.06 USD1.08Rating

About Author

Dave Sekera, CFA  Dave Sekera, CFA, is a senior securities analyst covering the consumer products sector.

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