European Defense Players
Smart Portfolio
Dear Investors, Here is your monthly update for November 2025 ✨ November was a volatile month for markets, with major indexes swinging sharply before recovering most losses. Concerns over a potential AI bubble, shifting expectations around U.S. rate cuts, and weakness in crypto contributed to the turbulence. Beyond AI, Healthcare rebounded strongly, interest-rate expectations shifted following Fed commentary, and commodities diverged as oil fell while gold and silver rose. Crypto markets struggled, with both Bitcoin and Ethereum posting double-digit declines. 💭 Find out more about what happened in November with eToro's Smart Portfolios Monthly summary here: etoro.turtl.co/story/etoros-investment-office-performance-report-nov25 **New on eToro! Recurring Copy lets you automatically add a fixed amount each month to Smart Portfolios, helping you grow your investments steadily and effortlessly!** Performance Stats: @EuropeDefense-> November: -8.53% , QTD: -13.04% YTD: - Benchmark (WTEUDEFN - WisdomTree Europe Defence UCITS Index (NTR)) -> November: -9.32% , QTD: -14.97% YTD: 72.74% Best Performer: $CAP.PA (Capgemini SE) 0.97% Worst Performer: $HAG.DE (HENSOLDT AG) -26.28% Portfolio Indicated Dividend Yield: 1.14% Some of the assets inside the @EuropeDefense Smart Portfolio are: $SAABB.ST (Saab AB Ser. B) , $AM.PA (Dassault Aviation SA) , $MTX.DE (MTU Aero Engines AG) , $KOG.OL (Kongsberg Gruppen ASA) , $MRO.L (Melrose Industries) , $IDR.MC (Indra Sistemas SA) , $BAB.L (Babcock International) , $FCT.MI (Fincantieri S.p.A) , $R3NK.DE (RENK Group AG) , $SRP.L (Serco Group PLC) ❓ Check out the portfolio fact sheet by clicking the following link: bullaware.com/factsheet/EuropeDefense This Smart Portfolio is a long-term investment vehicle. Therefore, since market trends can change over time, you should set realistic goals and assess your investment performance over a prolonged period. Please remember past performance is not indicative of any future performance.