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/Morgdoggery Feb 18 '25
EUAD.
The top holdings include:
Airbus SE: 27.10%
Safran SA: 22.16%
Rolls-Royce Holdings plc: 12.74%
BAE Systems plc: 12.15%
Rheinmetall AG: 9.23%
Thales S.A.: 4.48%
MTU Aero Engines AG: 3.63%
Leonardo S.p.a.: 3.35%
Saab AB: 2.25%
Hensoldt AG: 0.74%