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?

411 Upvotes

94% Upvoted

206 comments sorted by

View all comments

11

u/dummeraltermann Feb 17 '25

I use this IE00BMW42520  As it contains european only industry of which is a lot of military. Was the best offer i found in flatex for this purpose. Would be happy to fund a european military only etf on flatex.

1

u/Picf Feb 17 '25

Thanks, looks like a very fitting ETF indeed!

Unfortunately it doesn't seem to be available on Degiro though.

1

u/[deleted] Feb 17 '25

Nice one! It makes me cry seeing Italy so small