U.K. Materials Defensive Blue Chips

Wilmar International

Market Cap: S$22.9b

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

Erste Bank Polska

Market Cap: zł66.2b

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

E.SUN Financial Holding Company

Market Cap: NT$558.0b

Offers various financial banking products and services in Taiwan.

Performance Food Group

Market Cap: US$17.3b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Banco de Sabadell

Market Cap: €15.2b

Provides banking products and services in Spain, the United Kingdom, and Mexico.

Elia Group

Market Cap: €15.1b

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

Mizrahi Tefahot Bank

Market Cap: ₪51.3b

Provides various banking services in Israel and internationally.

Ingenic SemiconductorLtd

Market Cap: CN¥116.8b

Engages in the research and development, design, and sale of integrated circuit chip products in China and internationally.

Banco Comercial Português

Market Cap: €15.1b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

Nexchip Semiconductor

Market Cap: CN¥115.3b

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

Samsung Fire & Marine Insurance

Market Cap: ₩26.0t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Eurobank

Market Cap: €14.7b

Provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥112.6b

Beijing E-Town Semiconductor Technology Co., Ltd.

Luzhou LaojiaoLtd

Market Cap: CN¥112.2b

Produces and sells alcoholic products in China and internationally.

Tenet Healthcare

Market Cap: US$16.3b

Operates as a diversified healthcare services company in the United States.

Hua Nan Financial Holdings

Market Cap: NT$519.1b

Provides financial services in Taiwan and internationally.

Phison Electronics

Market Cap: NT$517.3b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Tongfu MicroelectronicsLtd

Market Cap: CN¥110.1b

Provides integrated circuit (IC) encapsulation test services in China and internationally.

OmniVision Integrated Circuits Group

Market Cap: CN¥109.8b

Engages in the design, development, and sale of integrated circuits and computer software and hardware in China and internationally.

Airtel Africa

Market Cap: UK£12.2b

Provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa.

Onto Innovation

Market Cap: US$16.1b

Engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.

Puya Semiconductor (Shanghai)

Market Cap: CN¥109.1b

Engages in research, development, design, and sale of non-volatile memory chips and memory-based derivative chips in China and internationally.

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.

Bank Polska Kasa Opieki

Market Cap: zł60.1b

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

Bank of Hangzhou

Market Cap: CN¥108.3b

Provides various banking products and services in China.

Kansai Electric Power Company

Market Cap: JP¥2.6t

Engages in electricity, heat supply, telecommunication, and gas supply in Japan.

HANMI Semiconductor

Market Cap: ₩24.5t

Manufactures and sells semiconductor equipment in South Korea and internationally.

KGI Financial Holding

Market Cap: NT$503.3b

Operates as a financial company in Taiwan and internationally.

SDIC Power Holdings

Market Cap: CN¥106.9b

Engages in the electricity generation business in China.

Beijing Huafeng Test & Control TechnologyLtd

Market Cap: CN¥106.5b

Beijing Huafeng Test & Control Technology Co.,Ltd.

Power Assets Holdings

Market Cap: HK$122.9b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Canada, mainland China, Netherlands, New Zealand, Thailand, the United States, and internationally.

Krung Thai Bank

Market Cap: ฿520.6b

Engages in commercial banking business in Thailand and internationally.

Nova

Market Cap: US$15.5b

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.

mBank

Market Cap: zł58.4b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

Bank of Beijing

Market Cap: CN¥105.1b

Provides various banking services to individuals and corporates in China.

ASR Nederland

Market Cap: €13.5b

Provides insurance, pensions, and mortgages products and services for consumers, businesses, and employers in the Netherlands.