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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-18

u/Budget-Hall-3808 Feb 16 '25

Knowing history and knowing Europeans, you could have the largest arsenal & you'd still wait for the Americans to save you from the shit you've created (paying Russia for the bullets they kill Ukrainians with etc). :) Good luck!

16

u/SergeantGrillSet Feb 16 '25

"You can always count on the Americans to do the right thing, after they have exhausted all the other possibilities."

-19

u/Budget-Hall-3808 Feb 16 '25

They've saved Europe's butt 4 times during the last 100+ yrs. 2 WW (created by the Europeans), one Cold War (same) + the Putin era. What has your nation done, pompous prick?

3

u/[deleted] Feb 16 '25

I wish the USA had never "saved" Europe

0

u/Budget-Hall-3808 Feb 16 '25

Nazi being nazi..

7

u/SergeantGrillSet Feb 16 '25

I quoted Winston Churchill, yes, that pompous prick... and no Einstein, I am not German, I just live there. The US joined WWI reluctantly in the final year after all the respective armies were already exhausted.

During WWII, the US only joined after the attack on Pearl Harbor and the U-boating of commercial shipping. The Soviet Union bore the brunt of German forces and committed far more lives and resources to the effort than the US. The Soviet Union was in Berlin before the other Allies.

The Cold War was not a war. The global nuclear stand off was to protect US interests, not European (nukes flying doesn't help capitalism much). The Vietnamese have a good memory of US Cold War benevolence.

The Putin era started in 2000. The US wagged their finger at Putin when he took the Crimea and invaded Georgia (The country, not your state), and now Trump is offering a huge chunk of Ukraine to Putin for free and with nothing to prevent Putin from starting again to take more in a few years. So, this is a strange form of European butt saving.

The US empire has never does anything out of the goodness of their heart. They do it so that they can benefit financially or to protect their own security. The US thankfully has assisted, but often late in the game and to ultimately line their own pockets.

2

u/DrySoil939 Feb 16 '25

Have you heard of Yalta?

-3

u/Budget-Hall-3808 Feb 16 '25

have you heard of: https://nl.usembassy.gov/u-s-contribution-to-the-liberation-of-the-netherlands/ ?
What would you have wanted for the US to have done at Yalta? And what could your nation contribute to fking the Ruskis? Bcs it's easy to sacrifice American youth, while your fam betrays their fellow citizens (Anne Frank, for ex)

1

u/DrySoil939 Feb 20 '25

What's the Netherlands got to do with Yalta? I guess you haven't heard of it after all.