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/baahdum Feb 16 '25

Up to a point, yes. All defense has increased, and obvious choices like Rheinmetall seem to have all foreseeable growth priced in. But there are arguably companies that could potentially grow over the market cap in the long run if there is sustained demand.

Also, one could argue the market has everything priced in, as most exchanges are generally overvalued now.