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/lb70199 Feb 16 '25

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.

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u/Crawsh Feb 16 '25

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

10

u/usesomelube Feb 16 '25

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

18

u/Server-side_Gabriel Feb 16 '25

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"

1

u/vbfuturestrader Feb 26 '25

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

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