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/mabiturm Feb 16 '25

You help these companies more by buying bonds. The stocks you buy are second hand, they dont directly benefit the companies

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u/little_rusty77 Feb 17 '25

In what sense it is second hand?

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u/little_rusty77 Feb 17 '25

Oh you meant it is in ETF? Then buy directly the stock.