Hungarian Materials Defensive Blue Chips

Jiangsu Yanghe Distillery

Market Cap: CN¥106.7b

Offers liquors and wines.

Olympus

Market Cap: JP¥2.3t

Manufactures and sells medical equipment in Japan, America, the Middle East, Asia, and Oceania.

Airtel Africa

Market Cap: UK£11.1b

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

bioMérieux

Market Cap: €12.6b

Develops, manufactures, and markets in vitro diagnostic solutions for infectious diseases in France, Europe, Africa, the Middle East, North and South America, the Asia Pacific, and internationally.

Metro

Market Cap: CA$20.4b

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

JBS

Market Cap: US$14.5b

Operates as a protein and food company worldwide.

Erie Indemnity

Market Cap: US$14.5b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

East West Bancorp

Market Cap: US$14.5b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Grupo Financiero Inbursa. de

Market Cap: Mex$264.6b

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

Canara Bank

Market Cap: ₹1.3t

Provides various banking products and services in India and internationally.

Powszechny Zaklad Ubezpieczen

Market Cap: zł52.6b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Bankinter

Market Cap: €12.3b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

Samsung Fire & Marine Insurance

Market Cap: ₩20.9t

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

Tata Power

Market Cap: ₹1.3t

Engages in the generation, transmission, distribution, and trading of electricity in India and internationally.

Banco Santander-Chile

Market Cap: CL$13.3t

Provides commercial and retail banking products and services in Chile.

Chandra Daya Investasi

Market Cap: Rp235.9t

Operates as an infrastructure investment holding company.

Smith & Nephew

Market Cap: UK£10.7b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Eurobank Ergasias Services and Holdings

Market Cap: €12.2b

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

Cooper Companies

Market Cap: US$14.1b

Develops, manufactures, and markets contact lens wearers.

Brookfield Wealth Solutions

Market Cap: US$14.0b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Power Assets Holdings

Market Cap: HK$109.0b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally.

Universal Health Services

Market Cap: US$14.0b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Mapfre

Market Cap: €12.1b

Engages in the investment, insurance, property, financial, and services businesses in Spain.

Bank Polska Kasa Opieki

Market Cap: zł50.9b

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

Fresenius Medical Care

Market Cap: €12.0b

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

ASR Nederland

Market Cap: €12.0b

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

Santander Bank Polska

Market Cap: zł50.6b

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

Guangdong Haid Group

Market Cap: CN¥98.4b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Suncorp Group

Market Cap: AU$21.2b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Uniper

Market Cap: €11.9b

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

Everest Group

Market Cap: US$13.8b

Through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Uni-President Enterprises

Market Cap: NT$426.2b

Produces and sells food products in Taiwan and internationally.

Banco Comercial Português

Market Cap: €11.8b

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

Origin Energy

Market Cap: AU$21.0b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Gjensidige Forsikring

Market Cap: NOK 138.0b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

NMBZ Holdings

Market Cap: US$1.8b

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