Belgian Energy Defensive Blue Chips

SCREEN Holdings

Market Cap: JP¥2.5t

Develops, manufactures, and markets semiconductor production equipment in Japan, Taiwan, South Korea, China, the United States, Europe, and internationally.

Enpara Bank

Market Cap: ₺742.3b

Provides banking services and products in Turkey.

CEMEX. de

Market Cap: Mex$261.1b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

Kerry Group

Market Cap: €13.1b

Provides taste and nutrition solutions.

Coloplast

Market Cap: DKK 98.1b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Attijariwafa bank

Market Cap: د.م142.1b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Pinnacle Financial Partners

Market Cap: US$15.3b

Operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States.

Fisher & Paykel Healthcare

Market Cap: NZ$25.6b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Kirin Holdings Company

Market Cap: JP¥2.4t

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

Varun Beverages

Market Cap: ₹1.5t

Manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana.

First Financial Holding

Market Cap: NT$483.9b

Provides various financial products and services in Asia, North America, Oceania, and Europe.

McCormick

Market Cap: US$15.2b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Brookfield Wealth Solutions

Market Cap: US$15.1b

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

Public Power

Market Cap: €12.9b

Generates, transmits, and distributes electricity in Greece, Romania, Bulgaria, and North Macedonia.

Gjensidige Forsikring

Market Cap: NOK 139.0b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Phoenix Financial

Market Cap: ₪45.0b

Operates as a financial services company in Israel.

Cooper Companies

Market Cap: US$14.9b

Develops, manufactures, and markets contact lens wearers.

Grupo Bimbo. de

Market Cap: Mex$251.2b

Produces, distributes, and markets bakery products.

Onto Innovation

Market Cap: US$14.7b

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.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp257.3t

Provides information and communications technology, and telecommunications network services worldwide.

Union Bank of India

Market Cap: ₹1.4t

Provides banking products and services in India.

Origin Energy

Market Cap: AU$20.4b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

HANMI Semiconductor

Market Cap: ₩20.3t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ53.5b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Olympus

Market Cap: JP¥2.3t

Engages in the manufacture and sale of medical equipment in Japan, America, the Middle East, Asia, and Oceania.

T&D Holdings

Market Cap: JP¥2.3t

Through its subsidiaries, provides insurance products and services in Japan.

Tongfu MicroelectronicsLtd

Market Cap: CN¥96.9b

Provides integrated circuit (IC) encapsulation test services in China and internationally.

Piraeus Bank

Market Cap: €12.3b

Provides various banking products and services in Greece, Europe, and internationally.

Phison Electronics

Market Cap: NT$458.9b

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

United Utilities Group

Market Cap: UK£10.5b

Provides water and wastewater services in the United Kingdom.

Pro Medicus

Market Cap: AU$20.0b

A healthcare informatics company, provides medical imaging software and services to hospitals, imaging centers, and health care groups in Australia, Europe, and North America.

Tryg

Market Cap: DKK 91.4b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Mora Telematika Indonesia

Market Cap: Rp250.8t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ52.1b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

Rede D'Or São Luiz

Market Cap: R$73.6b

Engages in the provision of hospital services in Brazil.

GlobalWafers

Market Cap: NT$449.9b

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