Bulgarian Utilities Defensive Blue Chips

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ69.3b

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

Bank of Nanjing

Market Cap: CN¥134.0b

Provides various financial products and services in China.

United Microelectronics

Market Cap: NT$573.2b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

Principal Financial Group

Market Cap: US$18.6b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

NN Group

Market Cap: €15.8b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

Tenaga Nasional Berhad

Market Cap: RM 77.4b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$2.4b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

HDFC Life Insurance

Market Cap: ₹1.6t

Provides individual and group insurance solutions in India.

Shanghai United Imaging Healthcare

Market Cap: CN¥129.2b

Shanghai United Imaging Healthcare Co., Ltd.

Tenet Healthcare

Market Cap: US$18.1b

Operates as a diversified healthcare services company in the United States.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp298.2t

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

Straumann Holding

Market Cap: CHF 14.3b

Provides tooth replacement and orthodontic solutions worldwide.

Bank of Shanghai

Market Cap: CN¥127.3b

Provides various banking products and services in China.

Alinma Bank

Market Cap: ر.س66.7b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Saudi Awwal Bank

Market Cap: ر.س66.7b

Provides banking and financial services in the Kingdom of Saudi Arabia.

Banco de Crédito del Perú

Market Cap: S/61.1b

Provides banking products and services to individuals, small-sized companies, and corporate customers in Peru.

Koninklijke KPN

Market Cap: €15.2b

Provides telecommunications and information technology (IT) services in the Netherlands.

McCormick

Market Cap: US$17.6b

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

Wens Foodstuff Group

Market Cap: CN¥125.1b

Operates as an agricultural and animal husbandry company in China.

JDE Peet's

Market Cap: €15.1b

Operates as a coffee and tea company worldwide.

E.SUN Financial Holding Company

Market Cap: NT$533.1b

Provides various financial banking products and services in Taiwan.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥124.1b

China Three Gorges Renewables (Group) Co.,Ltd.

Mizrahi Tefahot Bank

Market Cap: ₪56.5b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

Dollar Tree

Market Cap: US$17.3b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

Asahi Group Holdings

Market Cap: JP¥2.6t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Coca-Cola FEMSA. de

Market Cap: US$17.3b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Saudi Electricity

Market Cap: ر.س64.5b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

US Foods Holding

Market Cap: US$17.1b

Engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Varun Beverages

Market Cap: ₹1.5t

Manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands.

IHH Healthcare Berhad

Market Cap: RM 71.6b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

Rede D'Or São Luiz

Market Cap: R$90.5b

Operates a network of hospitals in Brazil.

Arca Continental. de

Market Cap: Mex$310.1b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Fortum Oyj

Market Cap: €14.5b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

Bunge Global

Market Cap: US$16.8b

Operates as an agribusiness and food company worldwide.

Erie Indemnity

Market Cap: US$16.7b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Hana Financial Group

Market Cap: ₩23.7t

Through its subsidiaries, provides financial services in South Korea.