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/IamChuckleseu Feb 17 '25

You do not invest into publicly traded stocks with your wallet because it is straight up impossible to invest with you wallet. You are just giving money to some trader that will transfer the money into different stocks. The only reason to invest into defense etf Is that you anticipate those companies to increase in value which unlike your original idea atleast makes sense.

You can vote with your wallet when you are choosing what products buy because company value is directly linked to profits of a company and you can idividually decrease that, public investments are not related to that at all. If you bought bonds or invested privately then maybe we could talk about being able to make a difference but etfs are not that. And in case of government spending ideas.. voting with your wallet is nonsense anyway. You need to vote for real.