Estonia Consumer Retailing Defensive Blue Chips

Tyson Foods

Market Cap: US$21.5b

Operates as a food company worldwide.

Terumo

Market Cap: JP¥3.4t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

First Solar

Market Cap: US$21.4b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

Bank Mandiri (Persero)

Market Cap: Rp388.3t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ78.2b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Lasertec

Market Cap: JP¥3.4t

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

Cellnex Telecom

Market Cap: €18.2b

Engages in the management of terrestrial telecommunications infrastructures in France, Italy, the United Kingdom, Spain, Poland, the Netherlands, Portugal, Switzerland, Denmark, Sweden, Ireland, and Austria.

CIMB Group Holdings Berhad

Market Cap: RM 85.3b

Provides various banking products and services in Malaysia and internationally.

Banco de Chile

Market Cap: CL$19.3t

Provides commercial banking services in Chile.

Suzhou Centec Communications

Market Cap: CN¥140.3b

Engages in the research, design, and sale of Ethernet switching chips and related products in China and internationally.It offers ethernet switch and ethernet transceiver PHY silicon; and ethernet switches, as well as network operation systems.

China United Network Communications

Market Cap: CN¥140.1b

Provides telecommunication services in the People’s Republic of China.

Adani Energy Solutions

Market Cap: ₹2.0t

Generates, transmits, and distributes power in India.

Bunge Global

Market Cap: US$20.7b

Operates as an agribusiness and food company worldwide.

Telefônica Brasil

Market Cap: R$104.3b

Operates as a mobile telecommunications company in Brazil.

AST SpaceMobile

Market Cap: US$20.6b

Designs and develops the constellation of BlueBird satellites in the United States.

Technoprobe

Market Cap: €17.6b

Produces and sells electronic circuits in Italy, Asia, the United States, and rest of Europe.

Bank of Shanghai

Market Cap: CN¥136.3b

Provides various banking products and services in China.

Straumann Holding

Market Cap: CHF 16.2b

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

CK Infrastructure Holdings

Market Cap: HK$157.6b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Yuanjie Semiconductor Technology

Market Cap: CN¥135.5b

Yuanjie Semiconductor Technology Co., Ltd.

Fortum Oyj

Market Cap: €17.3b

Engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally.

Uniper

Market Cap: €17.2b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

Bank of Ireland Group

Market Cap: €17.2b

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

SBI Life Insurance

Market Cap: ₹1.9t

Operates as a life insurance company in India.

Luzhou LaojiaoLtd

Market Cap: CN¥133.3b

Produces and sells alcoholic products in China and internationally.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 90.0b

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

Associated British Foods

Market Cap: UK£14.6b

Engages in the food, ingredients, and retail businesses worldwide.

Erste Bank Polska

Market Cap: zł73.6b

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

Pernod Ricard

Market Cap: €17.1b

Produces and sells wines and spirits worldwide.

Hwatsing Technology

Market Cap: CN¥132.4b

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

Arca Continental. de

Market Cap: Mex$337.8b

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

ACM Research (Shanghai)

Market Cap: CN¥131.1b

Engages in the research, development, production, and sale of semiconductor equipment in China.

NMBZ Holdings

Market Cap: US$2.5b

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

Telenor

Market Cap: NOK 183.2b

Operates as a telecommunication company worldwide.

Mizrahi Tefahot Bank

Market Cap: ₪58.8b

Provides various banking services in Israel and internationally.

Wilmar International

Market Cap: S$24.7b

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