Italian Utilities Defensive Blue Chips

Grupo Cibest

Market Cap: Col$48.6t

Provides banking products and services in Colombia and internationally.

Itissalat Al-Maghrib (IAM)

Market Cap: د.م107.1b

Provides various telecommunication solutions in Morocco and internationally.

Banco Comercial Português

Market Cap: €10.1b

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

James Hardie Industries

Market Cap: AU$18.0b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

True Corporation

Market Cap: ฿380.1b

Provides telecommunications and value-added services in Thailand.

Bajaj Housing Finance

Market Cap: ₹1.0t

Provides housing finance services in India.

GD Power DevelopmentLtd

Market Cap: CN¥84.2b

Operates as a power generation company in China.

Kasikornbank

Market Cap: ฿377.9b

Provides commercial banking products and services in Thailand and internationally.

BB Seguridade Participações

Market Cap: R$65.4b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Bank of the Philippine Islands

Market Cap: ₱664.7b

Provides various financial products and services to retail and corporate clients in the Philippines.

BE Semiconductor Industries

Market Cap: €10.0b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Banque Saudi Fransi

Market Cap: ر.س43.9b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Industrial Bank of Korea

Market Cap: ₩16.0t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

ING Bank Slaski

Market Cap: zł42.1b

Together with our subsidiaries, provides various banking products and services for retail clients and businesses in Poland.

RenaissanceRe Holdings

Market Cap: US$11.5b

Provides reinsurance and insurance products in the United States and internationally.

Albertsons Companies

Market Cap: US$11.5b

Through its subsidiaries, operates in the food and drug retail industry in the United States.

Bank of Chengdu

Market Cap: CN¥82.4b

Provides various commercial banking products and services in China.

CEMEX. de

Market Cap: Mex$212.7b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

Infrastrutture Wireless Italiane

Market Cap: €9.8b

Operates in the electronic communications infrastructure sector in Italy.

Celsius Holdings

Market Cap: US$11.4b

Develops, processes, manufactures, markets, sells, and distributes functional energy drinks in the United States, North America, Europe, the Asia Pacific, and internationally.

First Horizon

Market Cap: US$11.4b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

Redeia Corporación

Market Cap: €9.7b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

Grupo Bimbo. de

Market Cap: Mex$211.9b

Produces, distributes, and sells various bakery products.

Banco Santander-Chile

Market Cap: CL$10.8t

Provides commercial and retail banking products and services in Chile.

China Resources Beer (Holdings)

Market Cap: HK$89.1b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Arab National Bank

Market Cap: ر.س42.5b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Aegon

Market Cap: €9.7b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

Canara Bank

Market Cap: ₹977.8b

Provides various banking products and services in India and internationally.

Kinsale Capital Group

Market Cap: US$11.3b

Engages in the provision of property and casualty insurance products in the United States.

Tsingtao Brewery

Market Cap: HK$88.7b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Ooredoo Q.P.S.C

Market Cap: ر.ق40.8b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Baloise Holding

Market Cap: CHF 8.9b

Primarily engages in the insurance and banking businesses in Switzerland, Germany, Belgium, and Luxembourg.

Hims & Hers Health

Market Cap: US$11.2b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

Pilgrim's Pride

Market Cap: US$11.1b

Produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, Europe, and Mexico.

ICICI Lombard General Insurance

Market Cap: ₹962.1b

Provides various general insurance products and services in India.

Doximity

Market Cap: US$11.1b

Operates as a digital platform for medical professionals in the United States.