Estonia Healthcare Defensive Blue Chips

Banco BPM

Market Cap: €15.2b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Alinma Bank

Market Cap: ر.س64.6b

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

Ørsted

Market Cap: DKK 112.7b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥122.8b

China Three Gorges Renewables (Group) Co.,Ltd.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp279.4t

Provides information and communications technology, and telecommunications network services worldwide.

Banco de Sabadell

Market Cap: €15.0b

Provides banking products and services to personal, business, and private customers in Spain and internationally.

Metro

Market Cap: CA$23.4b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Emirates Islamic Bank PJSC

Market Cap: د.إ62.4b

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

Fresenius Medical Care

Market Cap: €14.8b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

First Solar

Market Cap: US$16.7b

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

Hormel Foods

Market Cap: US$16.7b

Develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally.

Credicorp

Market Cap: US$16.7b

Provides various financial, insurance, and health services and products in Peru and internationally.

Hua Xia Bank

Market Cap: CN¥119.8b

Provides commercial banking services in China and Hong Kong.

AIB Group

Market Cap: €14.7b

Provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

NN Group

Market Cap: €14.6b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

Molina Healthcare

Market Cap: US$16.5b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces.

Sprouts Farmers Market

Market Cap: US$16.4b

Engages in the retailing of fresh, natural, and organic food products in the United States.

JD Health International

Market Cap: HK$128.5b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

EDP

Market Cap: €14.5b

Engages in the generation, transmission, distribution, and supply of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Colombia, Brazil, North America, and internationally.

Casey's General Stores

Market Cap: US$16.4b

Operates convenience stores under the Casey's and Casey’s General Store names.

CK Infrastructure Holdings

Market Cap: HK$127.9b

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.

Anhui Conch Cement

Market Cap: HK$127.4b

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

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ59.6b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Brown-Forman

Market Cap: US$16.1b

Manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages.

Jerónimo Martins SGPS

Market Cap: €14.2b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

Telefônica Brasil

Market Cap: R$90.9b

Operates as a mobile telecommunications company in Brazil.

Aier Eye Hospital Group

Market Cap: CN¥115.4b

Operates eye care hospitals and institutions.

Grupo Financiero Inbursa. de

Market Cap: Mex$310.7b

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

Cooper Companies

Market Cap: US$16.0b

Develops, manufactures, and markets contact lens wearers.

Astera Labs

Market Cap: US$15.9b

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

E.SUN Financial Holding Company

Market Cap: NT$476.7b

Provides various financial banking products and services in Taiwan.

JBS

Market Cap: R$90.3b

Engages in the processing of animal protein worldwide.

Ambuja Cements

Market Cap: ₹1.4t

Manufactures and markets cement and cement related products to individual homebuilders, masons and contractors, and architects and engineers in India.

Baxter International

Market Cap: US$15.7b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Saudi Electricity

Market Cap: ر.س59.0b

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

Shanghai United Imaging Healthcare

Market Cap: CN¥112.7b

Shanghai United Imaging Healthcare Co., Ltd.