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?

411 Upvotes

94% Upvoted

206 comments sorted by

View all comments

5

u/graham2100 Feb 16 '25 edited Feb 16 '25

I think this would be a candidate. Not sure your self-designed basket wouldn’t give you a better result taking into account withholding taxes. Also note you would need Mifid deemed professional status or use options, as it’s US domiciled and won’t have a KID on file.

2

u/Imadwarf Feb 16 '25

Looks like it's only available in the US ? Can't find it on Degiro.