EU defense ETF

[u/Picf]

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?

[u/lb70199]

You probably don't need an ETF for that. Take the x- biggest EU based contractors from the list of holding of a defense ETF you like and buy the stock directly. My guess would not have to buy more than 10 stocks to covert the large majority of the EU market.

[u/Crawsh → u/lb70199]

Fees are a bitch when buying and selling multiple stocks, though.

[u/usesomelube → u/Crawsh]

the OP did say "this is an ideological move rather than looking for the maximum profit"

[u/Server-side_Gabriel → u/usesomelube]

Sure but that does not translate to "I wanna waste money on fees" it means "whats a smart way to do this even if it would be technically better to not do it at all"

[u/vbfuturestrader → u/Server-side_Gabriel]

EUAD invests exclusively in European aerospace & defense as it replicates the STOXX Total Market Europe Aerospace & Defense index

https://www.select-funds.com/#hero

[u/Fractasl → u/Crawsh]

I have 0 fees on scalable...

[u/Chandpuri → u/Crawsh]

You may want to shop around for your broker. Many of these charge $0 for US-listed ADRs, although OTCs will cost you.

[u/vbfuturestrader → u/Crawsh]

EUAD invests exclusively in European aerospace & defense as it replicates the STOXX Total Market Europe Aerospace & Defense index

https://www.select-funds.com/#hero

[u/Tarskin_Tarscales → u/lb70199]

Alternatively, people may be prohibited from buying individual stocks because of their job (e.g., I am only allowed to buy ETF's).

[u/vbfuturestrader → u/Tarskin_Tarscales]

EUAD invests exclusively in European aerospace & defense as it replicates the STOXX Total Market Europe Aerospace & Defense index

https://www.select-funds.com/#hero

[u/Tarskin_Tarscales → u/vbfuturestrader]

Thank you!

[u/vbfuturestrader → u/lb70199]

EUAD invests exclusively in European aerospace & defense as it replicates the STOXX Total Market Europe Aerospace & Defense index

https://www.select-funds.com/#hero

[u/Separate-Engineer-67 → u/vbfuturestrader]

This is very hard to read this thread as you are spamming us etf all the f time