Lithuanian Materials Defensive Blue Chips

Kotak Mahindra Bank

Market Cap: ₹4.0t

Provides a range of banking and financial services to corporate and individual customers in India.

Keurig Dr Pepper

Market Cap: US$42.7b

Owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally.

IDEXX Laboratories

Market Cap: US$42.7b

Develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally.

Danske Bank

Market Cap: DKK 280.3b

Provides various banking products and services to corporate, institutional, and international clients.

Wuliangye YibinLtd

Market Cap: CN¥284.5b

Manufactures and sells liquor and wine products and related auxiliary products under the Wuliangye brand in China.

People's Insurance Company (Group) of China

Market Cap: HK$325.8b

An investment holding company, offers insurance products and services in the People’s Republic of China and Hong Kong.

PICC Property and Casualty

Market Cap: HK$324.3b

Engages in property and casualty insurance business in People’s Republic of China.

Bank Central Asia

Market Cap: Rp728.0t

Provides commercial banking and other financial services.

Swisscom

Market Cap: CHF 33.1b

Provides telecommunication services in Switzerland, Italy, and internationally.

Swedbank

Market Cap: SEK 396.7b

Provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

American International Group

Market Cap: US$40.6b

Provides insurance products for commercial, institutional, and individual customers in North America and internationally.

ACWA Power

Market Cap: ر.س152.3b

Engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia, the Middle East, Asia, and Africa.

Consolidated Edison

Market Cap: US$40.1b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

Cerebras Systems

Market Cap: US$40.0b

Operates as an artificial intelligence infrastructure company.

MS&AD Insurance Group Holdings

Market Cap: JP¥6.5t

An insurance holding company, engages in the provision of insurance and financial services worldwide.

China Pacific Insurance (Group)

Market Cap: CN¥270.7b

Provides insurance products to in the People’s Republic of China.

Becton Dickinson

Market Cap: US$39.7b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

Dubai Electricity and Water Authority (PJSC)

Market Cap: د.إ145.0b

Generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai.

Telstra Group

Market Cap: AU$56.6b

Provides telecommunications and information services in Australia and internationally.

Vulcan Materials

Market Cap: US$38.8b

Produces and supplies construction aggregates in the United States.

ITC

Market Cap: ₹3.6t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

Power Corporation of Canada

Market Cap: CA$54.8b

An international management and holding company, provides financial services in North America, Europe, and Asia.

Daiichi Life Group

Market Cap: JP¥6.2t

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

OTP Bank Nyrt

Market Cap: Ft12.0t

Provides various commercial banking services.

Hon. Precision

Market Cap: NT$1.2t

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

Rocket Companies

Market Cap: US$38.1b

A fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada.

Skandinaviska Enskilda Banken

Market Cap: SEK 370.9b

Provides corporate, retail, investment, and private banking services.

Sysco

Market Cap: US$37.9b

Through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally.

Fomento Económico Mexicano. de

Market Cap: Mex$666.6b

Through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.

China Jushi

Market Cap: CN¥257.2b

Manufactures and sells fiberglass and related products in China and internationally.

Tesco

Market Cap: UK£28.7b

Operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.

Japan Post Holdings

Market Cap: JP¥6.1t

Provides postal, banking, and insurance services in Japan.

Banca Monte dei Paschi di Siena

Market Cap: €33.1b

Provides various banking products and services in Italy and internationally.

SSE

Market Cap: UK£28.3b

Engages in the generation, transmission, distribution, and supply of electricity.

PG&E

Market Cap: US$36.9b

Through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States.

Archer-Daniels-Midland

Market Cap: US$36.6b

Provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.