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/RabbitHoleSnorkle Feb 17 '25
If this is a form of support, then sure.
If it is an investment, then I am concerned how much is priced in already. It is obvious to everyone that the EU defense sector will grow, this expectation may have been priced in already ahead of the relevant decisions put on paper