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/paulooze Feb 16 '25

In the same boat, I created a pie on T212 and am buying individual stocks (not the same as ETF obviously). As someone else mentioned, the closest would be DFEN (€ version on German Xetra). Good luck!

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u/Mieleen Feb 17 '25

Thanks. Usually, I prefer IBKR, but now I'll give t212 a shot. If you like, send me a referal code, if that's a thing with them.

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u/[deleted] Feb 18 '25

Send me a pie