Italian Materials Defensive Blue Chips

Guobo Electronics

Market Cap: CN¥73.3b

Engages in the research, development, production, and sale of active phased array transmitter and receiver components and radio frequency integrated circuits in China.

Taiwan Mobile

Market Cap: NT$338.7b

Provides telecommunications, broadband, retail, digital, and financial services in Taiwan and internationally.

Marico

Market Cap: ₹1.0t

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Waaree Energies

Market Cap: ₹1.0t

Manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects.

SD Guthrie Berhad

Market Cap: RM 41.8b

Operates as an integrated plantations company in Malaysia and internationally.

Yokohama Financial Group

Market Cap: JP¥1.7t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

Smithfield Foods

Market Cap: US$10.6b

Produces various packaged meats and fresh pork products in the United States and internationally.

Sejahteraraya Anugrahjaya

Market Cap: Rp182.1t

Provides medical services in Indonesia.

Sanlam

Market Cap: R177.4b

Provides various financial services in South Africa, Pan-Africa, Asia, and internationally.

Discovery

Market Cap: R176.5b

Provides various insurance products and services primarily in South Africa and the United Kingdom.

ACM Research (Shanghai)

Market Cap: CN¥71.5b

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

FormFactor

Market Cap: US$10.5b

Designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally.

BKW

Market Cap: CHF 8.3b

An energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Komercní banka

Market Cap: Kč218.3b

Provides various retail, corporate, and investment banking services primarily in the Czech Republic, and Central and Eastern Europe.

Globalstar

Market Cap: US$10.5b

Provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally.

Boubyan Bank K.S.C.P

Market Cap: د.ك3.2b

Provides various banking products and services in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Max Healthcare Institute

Market Cap: ₹978.7b

Provides medical and healthcare services in India.

Japan Post Insurance

Market Cap: JP¥1.7t

Provides life insurance products and services in Japan.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫271.5t

Provides various banking products and services in Vietnam and internationally.

Alchip Technologies

Market Cap: NT$325.5b

Engages in the research, design, development, and manufacturing of application specific integrated circuits and system on a chip in the United States, China, Japan, Taiwan, and internationally.

China Taiping Insurance Holdings

Market Cap: HK$80.4b

An investment holding company, underwrites various insurance and reinsurance products in the People’s Republic of China, Hong Kong, Macau, Singapore, and internationally.

United Spirits

Market Cap: ₹968.1b

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

Menora Mivtachim Holdings

Market Cap: ₪30.4b

Operates in insurance and finance sectors in Israel.

Eneva

Market Cap: R$50.9b

An integrated energy company, engages in the exploration, production, and commercialization of natural gas and liquids in Brazil.

Beazley

Market Cap: UK£7.5b

Through its subsidiaries, provides risk insurance and reinsurance solutions in the United States, the United Kingdom, and rest of Europe.

Wintrust Financial

Market Cap: US$10.2b

A financial holding company, provides community-oriented, personal, and commercial banking services in the United States.

Encompass Health

Market Cap: US$10.1b

Operates inpatient rehabilitation hospitals in the United States and Puerto Rico.

Bank Albilad

Market Cap: ر.س37.9b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

SBI Shinsei Bank

Market Cap: JP¥1.6t

Provides banking and financial products and services to individual customers, corporations, public-sector entities, and financial institutions in Japan.

Pro Medicus

Market Cap: AU$14.1b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

BDO Unibank

Market Cap: ₱617.8b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Maplebear

Market Cap: US$10.0b

Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally.