Estonia Healthcare Defensive Blue Chips

Archer-Daniels-Midland

Market Cap: US$22.7b

Engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.

Capitec Bank Holdings

Market Cap: R396.9b

Through its subsidiaries, provides various banking products and services in South Africa.

Riyad Bank

Market Cap: ر.س83.4b

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

Bank Hapoalim B.M

Market Cap: ₪77.8b

Provides various banking and financial services in Israel and internationally.

Aviva

Market Cap: UK£16.4b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, and internationally.

QNB Bank

Market Cap: ₺860.1b

Provides various banking products and services in Turkey.

Heineken Holding

Market Cap: €19.3b

Engages in brewing and selling beer and cider in the Netherlands and internationally.

ABN AMRO Bank

Market Cap: €19.2b

Provides various banking products and financial services to retail, private, and business clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

EnBW Energie Baden-Württemberg

Market Cap: €18.9b

Operates as an integrated energy company in Germany, rest of Europe, and internationally.

Shinhan Financial Group

Market Cap: ₩29.2t

Provides financial products and services in South Korea and internationally.

Bank of Shanghai

Market Cap: CN¥154.0b

Provides various personal and corporate banking products and services primarily in Mainland China.

Will Semiconductor

Market Cap: CN¥153.9b

A semiconductor design company, provides sensor solutions, analog solutions and touch screen and display solutions.

Coloplast

Market Cap: DKK 139.6b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

CLP Holdings

Market Cap: HK$166.7b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Standard Bank Group

Market Cap: R378.4b

Provides financial products and services in South Africa and internationally.

CMS Energy

Market Cap: US$21.2b

Operates as an energy company primarily in Michigan.

Koninklijke Philips

Market Cap: €18.5b

Operates as a health technology company in North America, the Greater China, and internationally.

Labcorp Holdings

Market Cap: US$21.0b

Provides laboratory services.

Telenor

Market Cap: NOK 212.1b

Operates as a telecommunication company worldwide.

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a private life insurance company in India.

Resona Holdings

Market Cap: JP¥3.0t

Through its subsidiaries, provides retail and commercial banking products and services in Japan and internationally.

BNP Paribas Fortis

Market Cap: €18.1b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

OTP Bank Nyrt

Market Cap: Ft7.3t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

Terna

Market Cap: €18.0b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

Coca-Cola FEMSA. de

Market Cap: US$20.5b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

GlobalFoundries

Market Cap: US$20.5b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide.

Dollar Tree

Market Cap: US$20.3b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

Straumann Holding

Market Cap: CHF 16.7b

Provides tooth replacement and orthodontic solutions worldwide.

ASE Technology Holding

Market Cap: NT$608.4b

Provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally.

Gulf Development

Market Cap: ฿657.4b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

Snam

Market Cap: €17.6b

Engages in the operation of natural gas transport and storage infrastructure.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ73.3b

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

Tyson Foods

Market Cap: US$19.9b

Operates as a food company worldwide.

Asahi Group Holdings

Market Cap: JP¥2.9t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

ON Semiconductor

Market Cap: US$19.8b

Provides intelligent sensing and power solutions in the United States and internationally.

Associated British Foods

Market Cap: UK£14.6b

Operates as a diversified food, ingredients, and retail company worldwide.