Lithuanian Consumer Durables Defensive Blue Chips

Quebecor

Market Cap: CA$15.2b

Engages in the telecommunications, media, and sports and entertainment businesses in Canada.

Alchip Technologies

Market Cap: NT$340.8b

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.

Magnum Ice Cream

Market Cap: €9.3b

Engages in the ice cream business in the Netherlands.

Popular

Market Cap: US$10.6b

Through its subsidiaries, provides various retail, mortgage, and commercial banking services for individuals and businesses in Puerto Rico, the United States, the British Virgin Islands, the Caribbean, and Latin America.

Shanghai Rural Commercial Bank

Market Cap: CN¥72.2b

Engages in commercial banking business in China.

Powerchip Semiconductor Manufacturing

Market Cap: NT$338.2b

Powerchip Semiconductor Manufacturing Corporation, together with its subsidiaries, engages in the research and development, manufacturing, testing, packaging, and sale of integrated circuit products in Taiwan, the United States, China, and internationally.

Chiba Bank

Market Cap: JP¥1.7t

Provides banking products and services in Japan and internationally.

Insulet

Market Cap: US$10.6b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

Safaricom

Market Cap: KSh1.4t

Provides telecommunication services in Kenya and Ethiopia.

Globalstar

Market Cap: US$10.4b

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

Manila Electric

Market Cap: ₱642.4b

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

Zhejiang Zheneng Electric Power

Market Cap: CN¥70.5b

Zhejiang Zheneng Electric Power Co., Ltd.

Orkla

Market Cap: NOK 102.3b

Operates as an industrial investment company within brands and consumer-oriented businesses worldwide.

Ryan Specialty Holdings

Market Cap: US$10.3b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, Singapore, and internationally.

Bangkok Bank

Market Cap: ฿342.6b

Provides various commercial banking products and services in Thailand and internationally.

TIM

Market Cap: R$53.2b

Engages in the telecommunications sector in Brazil.

Budweiser Brewing Company APAC

Market Cap: HK$80.6b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally.

BDO Unibank

Market Cap: ₱632.2b

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

Centrica

Market Cap: UK£7.7b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Zions Bancorporation National Association

Market Cap: US$10.2b

Provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.

Industrial Bank of Korea

Market Cap: ₩15.9t

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

Novatek Microelectronics

Market Cap: NT$325.6b

A fabless chip design company, designs, develops and sells a range of display driver integrated circuits (IC) and system-on-a-chip (SoC) solutions in Taiwan, Asia, and internationally.

Skyworks Solutions

Market Cap: US$10.2b

Develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥69.2b

Engages in the generation and sale of electricity in China.

JoulWatt Technology

Market Cap: CN¥69.1b

Engages in the research and development, and sale of analog integrated circuits in China.

Alpha Bank

Market Cap: €8.9b

Provides various banking and financial products and services in Greece and internationally.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥69.1b

Engages in the clean energy business in China.

Japan Post Insurance

Market Cap: JP¥1.7t

Engages in the provision of life insurance products and services in Japan.

OGE Energy

Market Cap: US$10.2b

Through its subsidiaries, generates, transmits, distributes, and sells electric energy in the United States.

Marks and Spencer Group

Market Cap: UK£7.6b

Operates various retail stores.

SD Guthrie Berhad

Market Cap: RM 41.4b

Operates as an integrated plantations company in Malaysia and internationally.

United Spirits

Market Cap: ₹958.9b

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

Beazley

Market Cap: UK£7.6b

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

CPFL Energia

Market Cap: R$52.0b

Through its subsidiaries, operates as an energy company in Brazil.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫263.7t

Provides various banking products and services in Vietnam and internationally.

Old National Bancorp

Market Cap: US$10.0b

Operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States.