Bahraini Consumer Durables Defensive Blue Chips

Carlsberg

Market Cap: DKK 125.2b

Produces and markets beer, soft drinks, and other beverage products in Western Europe, Asia, Central and Eastern Europe, India, and internationally.

Lasertec

Market Cap: JP¥3.1t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

Eurobank

Market Cap: €16.6b

Provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Hwatsing Technology

Market Cap: CN¥129.9b

Engages in the research, development, production, sales, and technical services of semiconductor equipment in China and internationally.

Telecom Italia

Market Cap: €16.6b

Engages in the fixed and mobile telecommunications services and products for individuals, households, and supports small and medium-sized enterprises in Italy and internationally.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫503.8t

Provides banking products and services in Vietnam.

Zimmer Biomet Holdings

Market Cap: US$19.1b

Operates as a medical technology company worldwide.

Banco Comercial Português

Market Cap: €16.4b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

Saudi Energy

Market Cap: ر.س71.6b

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

Skyverse Technology

Market Cap: CN¥127.4b

Manufactures and sells quality control equipment to enterprises involved in the front-end integrated circuit processes and packaging in China and internationally.

Saudi Awwal Bank

Market Cap: ر.س71.0b

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

BE Semiconductor Industries

Market Cap: €16.1b

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

Krung Thai Bank

Market Cap: ฿614.9b

Engages in commercial banking business in Thailand and internationally.

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a life insurance company in India.

Telefônica Brasil

Market Cap: R$95.9b

Operates as a mobile telecommunications company in Brazil.

Bank Polska Kasa Opieki

Market Cap: zł68.7b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 83.2b

Produces and supplies electricity from hydroelectric and wind sources in Romania.

Wilmar International

Market Cap: S$23.4b

Operates as an agribusiness company in Singapore, the People's Republic of China, Indonesia, Malaysia, Australia, Europe, South Africa, Nigeria, Vietnam, India, and internationally.

Federal Home Loan Mortgage

Market Cap: US$18.4b

Operates in the secondary mortgage market in the United States.

Xi'an ESWIN Material Technology

Market Cap: CN¥123.6b

Xi'an ESWIN Material Technology Co., Ltd.

Straumann Holding

Market Cap: CHF 14.8b

Provides tooth replacement and orthodontic solutions in Switzerland, the United States, China, Germany, Brazil, Japan, France, and internationally.

Kasikornbank

Market Cap: ฿599.5b

Provides commercial banking products and services in Thailand and internationally.

MKS

Market Cap: US$18.3b

Provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, China, South Korea, Japan, Taiwan, Singapore, and internationally.

Kansai Electric Power Company

Market Cap: JP¥2.9t

Engages in electricity, heat supply, telecommunication, and gas supply in Japan.

SinoPac Financial Holdings

Market Cap: NT$578.7b

Through its subsidiaries, provides banking services worldwide.

Bank of Hangzhou

Market Cap: CN¥121.8b

Provides various banking products and services in China.

Luzhou LaojiaoLtd

Market Cap: CN¥121.8b

Produces and sells alcoholic products in China and internationally.

Telia Company

Market Cap: SEK 172.3b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

IHH Healthcare Berhad

Market Cap: RM 72.7b

An investment holding company, provides healthcare services in Singapore, Malaysia, India, Greater China, Japan, Türkiye and Europe, and internationally.

Koninklijke KPN

Market Cap: €15.5b

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

SiTime

Market Cap: US$17.9b

Engages in the design, development, and sale of silicon timing systems solutions in Hong Kong, Taiwan, the United States, Singapore, and internationally.

Sonova Holding

Market Cap: CHF 14.3b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

East West Bancorp

Market Cap: US$17.7b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Vodacom Group

Market Cap: R282.3b

Provides communications products and services in South Africa, Egypt, Kenya, and internationally.

James Hardie Industries

Market Cap: AU$24.7b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

National Bank of Greece

Market Cap: €15.1b

Provides banking, financial products, and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom, and internationally.