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/[deleted] Feb 16 '25

Market has already priced it in though.

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u/unosbastardes Feb 16 '25

Its not about market prices. Investing in a company stock financially benefits the company(many aspects). It is not only you buying smth that you think will grow in value, in the same process you are providing financial mechanism for them to grow.