Austrian Automobiles Defensive Blue Chips

Bank of Chengdu

Market Cap: CN¥78.1b

Provides various commercial banking products and services in China.

Giga Device Semiconductor

Market Cap: CN¥77.9b

Engages in the research, development, technical support, and sale of memory, microcontrollers, and sensors.

Tsingtao Brewery

Market Cap: HK$84.6b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Albertsons Companies

Market Cap: US$10.8b

Through its subsidiaries, operates in the food and drug retail industry in the United States.

Bajaj Housing Finance

Market Cap: ₹940.8b

Provides housing finance services in India.

BE Semiconductor Industries

Market Cap: €9.4b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Banca Monte dei Paschi di Siena

Market Cap: €9.4b

Engages in the provision of retail and commercial banking services in Italy.

United Spirits

Market Cap: ₹939.0b

Engages in the manufacture, sale, and distribution of alcoholic beverages and other allied spirits in India and internationally.

Universal Health Services

Market Cap: US$10.7b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Kirin Holdings Company

Market Cap: JP¥1.6t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

Taiwan Mobile

Market Cap: NT$320.6b

Provides wireless communication services in Taiwan, Republic of China, and internationally.

Tele2

Market Cap: SEK 104.9b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

China Resources Beer (Holdings)

Market Cap: HK$83.7b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

SinoPac Financial Holdings

Market Cap: NT$318.7b

Through its subsidiaries, provides banking, securities, investment, leasing, and venture capital services worldwide.

Indus Towers

Market Cap: ₹929.7b

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India.

Huadong Medicine

Market Cap: CN¥76.5b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

Industrial Bank of Korea

Market Cap: ₩14.9t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

ICICI Lombard General Insurance

Market Cap: ₹927.8b

Provides various general insurance products and services in India.

DaVita

Market Cap: US$10.6b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Bharti Hexacom

Market Cap: ₹922.3b

Provides mobile services, fixed-line telephone, and broadband services to end consumers under the Airtel brand in India.

Marico

Market Cap: ₹922.0b

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Orkla

Market Cap: NOK 108.0b

Operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.

Alchip Technologies

Market Cap: NT$314.9b

Engages in the research and development, design, and manufacture of fabless application specific integrated circuits (ASIC) and system on a chip (SOC)in Japan, Taiwan, and China.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥75.8b

Engages in the clean energy business in China.

Acciona

Market Cap: €9.2b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Redeia Corporación

Market Cap: €9.2b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

Celcomdigi Berhad

Market Cap: RM 44.7b

An investment holding company, provides mobile communication services and related products in Malaysia.

American Financial Group

Market Cap: US$10.4b

An insurance holding company, provides specialty property and casualty insurance products in the United States.

Sembcorp Industries

Market Cap: S$13.5b

An investment holding company, engages in providing industrial and urban solutions in Singapore, the United Kingdom, China, India, rest of Asia, the Middle East, and internationally.

Bank Albilad

Market Cap: ر.س39.1b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Osaka Gas

Market Cap: JP¥1.6t

Provides gas, electricity, and other energy products and services in Japan and internationally.

Skyworks Solutions

Market Cap: US$10.3b

Designs, develops, manufactures, and markets semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

Centrica

Market Cap: UK£7.8b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Sysmex

Market Cap: JP¥1.5t

Engages in the development, manufacture, and sale of diagnostic instruments, reagents, and related software.

Kinsale Capital Group

Market Cap: US$10.3b

Engages in the provision of property and casualty insurance products in the United States.

Türkiye Is Bankasi

Market Cap: ₺417.3b

Provides various banking products and services in Turkey.