Comparing EUAD and WDEF ETFs for European Defense Spending

Active investors are noticing that international stocks are outperforming U.S. stocks in 2025, with the MSCI ACWI ex USA IMI Index up 29.2% year-to-date compared to the S&P 500’s 15.6% gain. European stocks, driven by rising defense budgets and strong performance in the industrial sector, are significant contributors to this trend, with major U.S.-listed Europe ETFs outperforming the S&P 500.

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