Brazilian Semiconductors Defensive Blue Chips

Align Technology

Market Cap: US$13.7b

Designs, manufactures, and markets Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Santander Bank Polska

Market Cap: zł52.4b

Provides various banking products and services for individuals, small or medium-sized enterprises, corporate clients, and public sector institutions.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$77.6b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Bank of Hangzhou

Market Cap: CN¥97.0b

Provides various banking products and services to individuals, corporate, and small and micro businesses in China.

Grupo Nutresa S. A

Market Cap: Col$56.7t

Operates in the food industry in Colombia, Latin America, and internationally.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

Unipol Assicurazioni

Market Cap: €12.0b

Provides insurance products and services primarily in Italy.

Bank of the Philippine Islands

Market Cap: ₱743.4b

Provides various financial products and services to retail and corporate clients in the Philippines.

Teradyne

Market Cap: US$13.3b

Designs, develops, manufactures, and sells automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.

CNA Financial

Market Cap: US$13.2b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States and internationally.

Astera Labs

Market Cap: US$13.2b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

Performance Food Group

Market Cap: US$13.2b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Admiral Group

Market Cap: UK£10.0b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

Punjab National Bank

Market Cap: ₹1.1t

Provides various banking and financial products and services in India.

ASR Nederland

Market Cap: €11.8b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.

Hologic

Market Cap: US$13.1b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

Tata Consumer Products

Market Cap: ₹1.1t

Produces, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

BB Seguridade Participações

Market Cap: R$73.6b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Grupo Bimbo. de

Market Cap: Mex$251.5b

Produces, distributes, and sells various bakery products.

United Spirits

Market Cap: ₹1.1t

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

Mashreqbank PSC

Market Cap: د.إ47.3b

Provides various banking and financial services to individuals and corporates.

Rede D'Or São Luiz

Market Cap: R$73.2b

Operates a network of hospitals in Brazil.

Albertsons Companies

Market Cap: US$12.8b

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

Hana Financial Group

Market Cap: ₩18.2t

Through its subsidiaries, provides financial services in South Korea.

Shree Cement

Market Cap: ₹1.1t

Engages in the manufacture and sale of cement and clinker in India and internationally.

Adani Energy Solutions

Market Cap: ₹1.1t

Generates, transmits, and distributes power in India.

Kansai Electric Power Company

Market Cap: JP¥1.9t

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

Insurance Australia Group

Market Cap: AU$19.7b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

True Corporation

Market Cap: ฿418.1b

Provides telecommunications and value-added services in Thailand.

Hua Nan Financial Holdings

Market Cap: NT$383.7b

Provides financial services in Taiwan and internationally.

Fisher & Paykel Healthcare

Market Cap: NZ$21.2b

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

Bank of Ireland Group

Market Cap: €11.3b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Guangdong Haid Group

Market Cap: CN¥90.0b

Researches, develops, produces, sells, and services animal feed products in China and internationally.

Smith & Nephew

Market Cap: UK£9.5b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Smoore International Holdings

Market Cap: HK$97.2b

An investment holding company, engages in the provision of vaping technology solutions.

Indus Towers

Market Cap: ₹1.1t

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