Canadian Materials Defensive Blue Chips

Saudi Energy

Market Cap: ر.س64.6b

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

BIWIN Storage Technology

Market Cap: CN¥118.3b

Engages in the research and development, design, packaging, testing, production, and sales of semiconductor memory.

Anhui Conch Cement

Market Cap: CN¥117.8b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Vodacom Group

Market Cap: R288.8b

Provides communications products and services.

SDIC Power Holdings

Market Cap: CN¥117.5b

Engages in the electricity generation business in China.

JBS

Market Cap: US$17.0b

Operates as a protein and food company worldwide.

BE Semiconductor Industries

Market Cap: €14.7b

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

Power Assets Holdings

Market Cap: HK$132.8b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally.

Zimmer Biomet Holdings

Market Cap: US$16.9b

Operates as a medical technology company worldwide.

Hologic

Market Cap: US$16.9b

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.

Bank of Beijing

Market Cap: CN¥115.9b

Provides various banking services to individuals and corporates in China.

Straumann Holding

Market Cap: CHF 13.2b

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

Hua Xia Bank

Market Cap: CN¥114.3b

Provides commercial banking services in China and Hong Kong.

WH Group

Market Cap: HK$129.3b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

CEMEX. de

Market Cap: Mex$292.7b

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

Elia Group

Market Cap: €14.2b

Develops and operates as a transmission system operator in Belgium and Germany.

Unipol Assicurazioni

Market Cap: €14.2b

Provides insurance products and services primarily in Italy.

Rede D'Or São Luiz

Market Cap: R$85.7b

Engages in the provision of hospital services in Brazil.

Federal Home Loan Mortgage

Market Cap: US$16.4b

Operates in the secondary mortgage market in the United States.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥113.0b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

NMBZ Holdings

Market Cap: US$2.1b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

Wens Foodstuff Group

Market Cap: CN¥112.1b

Operates as an agricultural and animal husbandry company in China.

E.SUN Financial Holding Company

Market Cap: NT$519.2b

Offers various financial banking products and services in Taiwan.

Centene

Market Cap: US$16.2b

Operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Woori Financial Group

Market Cap: ₩24.1t

Operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally.

Huaneng Power International

Market Cap: HK$125.1b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China and internationally.

Santander Bank Polska

Market Cap: zł58.6b

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

Mediobanca Banca di Credito Finanziario

Market Cap: €13.7b

Provides various banking products and services in Italy, Other European countries, the United States, Asia, and internationally.

Tokyo GasLtd

Market Cap: JP¥2.5t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Osaka Gas

Market Cap: JP¥2.5t

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

Grupo Financiero Inbursa. de

Market Cap: Mex$274.5b

Provides various financial products and services to individuals and businesses in Mexico.

Telecom Italia

Market Cap: €13.3b

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

Nova

Market Cap: US$15.3b

Engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.

Bank Polska Kasa Opieki

Market Cap: zł56.3b

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

Attijariwafa bank

Market Cap: د.م141.8b

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