Interested in European Defense Stocks? You Might Consider Buying This Global Defense Tech ETF.
Global X Defense Tech ETF returned 32.8% over the last year through Friday, April 4, crushing the S&P 500 index's negative 0.1% return.
The U.S. stock market is off to a poor start in 2025, with the S&P 500 index and the tech-heavy Nasdaq Composite down 13.4% and 19.1%, respectively, including dividends, as of Friday, April 4.
The stock sell-off is being driven by concern among investors about the potential for the escalating tariff war to increase inflation and slow economic growth in the United States and globally. Last week was the U.S. stock market's worst week since the start of the pandemic in March 2020. President Trump's so-called reciprocal tariffs on imports announced on Wednesday were much steeper than the market, collectively, had been expecting.
What's a growth-oriented investor to do? Some investors might want to consider investing in European defense stocks. Collectively, these stocks have been doing very well in 2025, but more importantly, this space should have good long-term growth potential.
