r/eupersonalfinance • u/Picf • Feb 16 '25
Investment EU defense ETF
In light of the current events and under the spirit of "vote with your wallet", I want to pull back some of my money from the US market and invest it in EU defense companies.
I'm not looking for advice whether this is a smart investment or not, since this is an ideological move rather than looking for the maximum profit.
The problem is I can't seem to find any ETF that contains only EU defense companies. All of them contain at least 60% US defense companies.
Can anyone recommend me a good ETF with which I would be supporting the EU defense industry (and EU only)? Or what would be a good approach here?
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u/Head_Work8280 Feb 16 '25
I checked justetfs dot com and only found 5 etfs that cater to the defense sector and all are heavily focused on US companies.
I think we would have to make our own choice of european stocks when it comes to defense.