Chinese Materials Defensive Blue Chips

Punjab National Bank

Market Cap: ₹1.2t

Provides various banking and financial products and services in India and internationally.

Banque Cantonale Vaudoise

Market Cap: CHF 10.0b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

T&D Holdings

Market Cap: JP¥2.0t

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

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥85.3b

Henan Shuanghui Investment & Development Co.,Ltd.

Israel Discount Bank

Market Cap: ₪36.1b

Provides various banking and financial services in Israel, Europe, and North America.

Insurance Australia Group

Market Cap: AU$17.6b

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

Penumbra

Market Cap: US$12.5b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

King Yuan Electronics

Market Cap: NT$394.3b

Designs, manufactures, sells, tests, and assembles integrated circuits.

Fidelity National Financial

Market Cap: US$12.5b

Provides various insurance products in the United States.

KT&G

Market Cap: ₩19.2t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

Shanghai Rural Commercial Bank

Market Cap: CN¥84.4b

Engages in commercial banking business in China.

Apollo Hospitals Enterprise

Market Cap: ₹1.2t

Provides healthcare services in India.

Banque Saudi Fransi

Market Cap: ر.س46.7b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

McCormick

Market Cap: US$12.4b

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

Kinsus Interconnect Technology

Market Cap: NT$389.4b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Ooredoo Q.P.S.C

Market Cap: ر.ق45.0b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

National Silicon Industry Group

Market Cap: CN¥83.6b

National Silicon Industry Group Co., Ltd.

Assurant

Market Cap: US$12.3b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Olympus

Market Cap: JP¥2.0t

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

OPC Energy

Market Cap: ₪35.2b

Engages in the development, construction, operation, generation, and supply of electricity and energy in Israel.

Saputo

Market Cap: CA$17.0b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, Argentina, and the United Kingdom.

BrightSpring Health Services

Market Cap: US$12.2b

Operates as a home and community-based healthcare services platform in the United States.

Aier Eye Hospital Group

Market Cap: CN¥81.8b

Operates as an ophthalmic medical company in China, Hong Kong, Europe, the United States, Europe, and Southeast Asia.

Bank of Chengdu

Market Cap: CN¥81.8b

Provides various banking products and services in China.

Almarai

Market Cap: ر.س45.3b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

DaVita

Market Cap: US$12.1b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Budweiser Brewing Company APAC

Market Cap: HK$93.6b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally.

Align Technology

Market Cap: US$11.9b

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

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Skyworks Solutions

Market Cap: US$11.9b

Develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.

Alchip Technologies

Market Cap: NT$374.6b

Engages in the research, design, development, and manufacturing of application specific integrated circuits and system on a chip in the United States, China, Japan, Taiwan, and internationally.

Pro Medicus

Market Cap: AU$16.7b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

RenaissanceRe Holdings

Market Cap: US$11.8b

Provides reinsurance and insurance products in the United States and internationally.

Nexchip Semiconductor

Market Cap: CN¥80.1b

Engages in the research, development, production, and sale of integrated circuit-related products in China and internationally.

Tata Consumer Products

Market Cap: ₹1.1t

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