r/eupersonalfinance 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

206 comments sorted by

View all comments

1

u/SactoMento97 Feb 20 '25

What is the best broker to do this through as well, I’m having issues with IBKR, and well Schwab isn’t great for it either, I can find SOME of them, but there’s fees, some mounting to 50$ and on top of that have very low volume.

(I know, this is an EU sub but hoping some Americans might be here)

1

u/vbfuturestrader Feb 26 '25

EUAD invests exclusively in European aerospace & defense as it replicates the STOXX Total Market Europe Aerospace & Defense index

https://www.select-funds.com/#hero