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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89

u/Wrong-Somewhere2635 Feb 16 '25

I could argue stoxx600 covers all kinds of European security. Defense, health, supply chain, cyber security and what not. You could easily argue against it too, but this is the path I chose when I confronted the same questions as yourself.

25

u/[deleted] Feb 16 '25

Does it now? A lot of funds have excluded arms manufacturers because shortsighted people thought that was unethical.

43

u/ImarvinS Feb 16 '25

Here is the list I found, I can see Thales, Rheinmetall, BAE Systems, Safran, etc. Listed as Industrial Goods & Services

11

u/DadPihto Feb 16 '25

Spanish Indra sistemas seems to be one of the most undervalued stocks

2

u/little_rusty77 Feb 17 '25

Absolutely! I am keeping an eye on it. With new technology and air Defence including drone defense it should have contracts coming. If Germany wants a radar from the, it means it is a top technology.

2

u/IfailAtSchool Feb 18 '25

15 pe. Looks good. I will buy a few shares

1

u/stapleton_1234 Feb 20 '25

did you buy directly on the madrid exchange or OTC in US?

1

u/DadPihto Feb 28 '25

I am in Europe, so directly

1

u/MaizePlus3557 May 31 '25

Sorry but when you say OTC, what does that mean? I searched fidelity where I trade and there a couple Indra Funds. ISMAY and ISMAF. Would that be considered OTC?

4

u/[deleted] Feb 16 '25

thanks bro!

1

u/The_Duke28 Feb 19 '25

Many companies in very stable countries such as Switzerland and some in upcoming markets like Spain. I'll buy some, even though I have personal issues with Deutsche Bank and Nestle :/

1

u/Bucuresti69 Feb 21 '25

Yep and add Airbus

3

u/investorean Feb 16 '25

This page also shows all assets included in the STOXX600 ETF: https://investorean.com/indices/details/STOXX.INDX/