Global High Risk Large Caps

Evolution Mining

Market Cap: AU$25.2b

Engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada.

Franklin Resources

Market Cap: US$17.3b

A publicly owned asset investment manager.

Nexchip Semiconductor

Market Cap: CN¥115.3b

Engages in the research, development, production, and sale of integrated circuit-related products in China and internationally.

WESCO International

Market Cap: US$16.9b

Provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally.

IREN

Market Cap: US$16.9b

Operates in the vertically integrated data center business in Australia and Canada.

Generac Holdings

Market Cap: US$16.4b

Designs, manufactures, and distributes energy technology products and solutions worldwide.

POSCO Holdings

Market Cap: ₩25.1t

Operates as an integrated steel producer in Korea and internationally.

Phison Electronics

Market Cap: NT$517.3b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Onto Innovation

Market Cap: US$16.1b

Engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.

Nextpower

Market Cap: US$16.1b

Provides solar and energy technology solutions for utility-scale power plants in the United States and internationally.

Puya Semiconductor (Shanghai)

Market Cap: CN¥109.1b

Engages in research, development, design, and sale of non-volatile memory chips and memory-based derivative chips in China and internationally.

HANMI Semiconductor

Market Cap: ₩24.5t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Toast

Market Cap: US$15.7b

Operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally.

Nova

Market Cap: US$15.5b

Engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.

Delton Technology (Guangzhou)

Market Cap: CN¥101.9b

Engages in the research, development, production, and sale of multi-layer printed circuit boards in China and internationally.

Carlyle Group

Market Cap: US$14.9b

An investment firm specializing in direct and fund of fund investments.

Vicor

Market Cap: US$14.9b

Designs, develops, manufactures, and markets modular power components and power systems for converting electrical power for use in electrically powered devices in the United States, Europe, the Asia Pacific, and internationally.

Dycom Industries

Market Cap: US$14.7b

Provides specialty contracting services to the digital infrastructure, telecommunications infrastructure, and utility industries in the United States.

DigitalOcean Holdings

Market Cap: US$14.5b

Through its subsidiaries, operates an agentic inference cloud platform in North America, Europe, Asia, and internationally.

Kokusai Electric

Market Cap: JP¥2.3t

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

Doosan

Market Cap: ₩22.2t

Engages in the power generation facilities, industrial facilities, construction machinery, engines, and construction businesses in Korea, the United States, Asia, the Middle East, Europe, and internationally.

BrightSpring Health Services

Market Cap: US$14.4b

Operates as a home and community-based healthcare services platform in the United States.

Taiyo Yuden

Market Cap: JP¥2.3t

Develops, manufactures, and sells electronic components in Japan, North America, China, Europe, Hong Kong, Taiwan and internationally.

Alcoa

Market Cap: US$14.3b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

IES Holdings

Market Cap: US$14.2b

Designs and installs integrated electrical and technology systems and provides infrastructure products and services in the United States.

Brookfield Wealth Solutions

Market Cap: US$14.2b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Taiwan Union Technology

Market Cap: NT$449.0b

Manufactures and sells copper clad laminates in Asia and internationally.

LG Innotek

Market Cap: ₩21.7t

Engages in the manufacture and sale of electronic materials and components for mobile, display, semiconductor, automobile, and Internet of Things (IoT) fields in South Korea and internationally.

Semtech

Market Cap: US$13.9b

Provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.

Hut 8

Market Cap: US$13.9b

Operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada.

GlobalWafers

Market Cap: NT$437.5b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

TransUnion

Market Cap: US$13.6b

Operates as a global consumer credit reporting agency that provides risk and information solutions.

Guangdong Fenghua Advanced Technology (Holding)

Market Cap: CN¥92.1b

Guangdong Fenghua Advanced Technology (Holding) Co., Ltd.

Modine Manufacturing

Market Cap: US$13.5b

Designs, engineers, tests, manufactures, and sells mission-critical thermal solutions in the United States, Canada, Italy, Hungary, the United Kingdom, China, and internationally.

Dutch Bros

Market Cap: US$13.5b

Operates and franchises drive-thru shops in the United States.

Kinsus Interconnect Technology

Market Cap: NT$426.8b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.