Japanese Energy Defensive Blue Chips

First Horizon

Market Cap: US$11.3b

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

ING Bank Slaski

Market Cap: zł40.7b

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

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥80.4b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

IDBI Bank

Market Cap: ₹992.1b

Provides banking and financial solutions to retail and corporate customers in India.

HKT Trust and HKT

Market Cap: HK$87.8b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Krung Thai Bank

Market Cap: ฿356.4b

Engages in commercial banking business in Thailand and internationally.

Skyworks Solutions

Market Cap: US$11.2b

Designs, develops, manufactures, and markets semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

Canara Bank

Market Cap: ₹980.6b

Provides various banking products and services in India and internationally.

Union Bank of India

Market Cap: ₹977.5b

Provides banking products and services in India.

Enel Américas

Market Cap: CL$10.7t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

M3

Market Cap: JP¥1.6t

Provides medical-related services primarily to physicians and other healthcare professionals through the Internet.

Raiffeisen Bank International

Market Cap: €9.4b

Offers banking services to corporate, private, and institutional customers.

Tsingtao Brewery

Market Cap: HK$86.1b

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

Penumbra

Market Cap: US$11.0b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Hims & Hers Health

Market Cap: US$10.9b

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

Banca Monte dei Paschi di Siena

Market Cap: €9.3b

Provides retail and commercial banking services in Italy.

Bank of Chengdu

Market Cap: CN¥77.8b

Provides various commercial banking products and services in China.

Industrial Bank of Korea

Market Cap: ₩15.2t

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

Acciona

Market Cap: €9.2b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫285.4t

Provides various banking products and services for individuals, corporate customers, and financial institutions in Vietnam.

BKW

Market Cap: CHF 8.6b

An international 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.

Marico

Market Cap: ₹948.2b

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

Huadong Medicine

Market Cap: CN¥76.6b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

Manila Electric

Market Cap: ₱609.8b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.

Mowi

Market Cap: NOK 107.2b

A seafood company, produces and sells Atlantic salmon products worldwide.

mBank

Market Cap: zł38.6b

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

Albertsons Companies

Market Cap: US$10.7b

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

SinoPac Financial Holdings

Market Cap: NT$324.9b

Through its subsidiaries, provides banking, securities, investment, leasing, and venture capital services worldwide.

Airtel Africa

Market Cap: UK£7.9b

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

Chubu Electric Power Company

Market Cap: JP¥1.6t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Assurant

Market Cap: US$10.7b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Taiwan Mobile

Market Cap: NT$323.6b

Provides wireless communication services in Taiwan, the Republic of China, and internationally.

Bajaj Housing Finance

Market Cap: ₹935.1b

Provides housing finance services in India.

Kinsale Capital Group

Market Cap: US$10.6b

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

Adani Energy Solutions

Market Cap: ₹932.5b

Generates, transmits, and distributes power in India.

Banque Saudi Fransi

Market Cap: ر.س39.6b

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