Luxembourg Telecom Defensive Blue Chips

Entegris

Market Cap: US$19.1b

Provides advanced materials and process solutions for the semiconductor and other high-technology industries in North America, Taiwan, South Korea, Japan, China, Europe, and Southeast Asia.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫501.3t

Provides banking products and services in Vietnam.

Banco de Sabadell

Market Cap: €16.5b

Provides banking products and services in Spain, the United Kingdom, and Mexico.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$96.7b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Wilmar International

Market Cap: S$24.3b

Operates as an agribusiness company in Singapore, the People's Republic of China, Indonesia, Malaysia, Australia, Europe, South Africa, Nigeria, Vietnam, India, and internationally.

E.SUN Financial Holding Company

Market Cap: NT$614.6b

Offers various financial banking products and services in Taiwan.

Vodacom Group

Market Cap: R311.0b

Provides communications products and services in South Africa, Egypt, Kenya, and internationally.

Zimmer Biomet Holdings

Market Cap: US$18.8b

Operates as a medical technology company worldwide.

Jentech Precision Industrial

Market Cap: NT$608.2b

Manufactures, processes, and trades in precision tooling, and electronic parts and components in Taiwan and China.

BE Semiconductor Industries

Market Cap: €16.3b

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

Eurobank

Market Cap: €16.2b

Provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Hua Nan Financial Holdings

Market Cap: NT$601.9b

Provides financial services in Taiwan and internationally.

Krung Thai Bank

Market Cap: ฿618.4b

Engages in commercial banking business in Thailand and internationally.

Wilson Bank Holding

Market Cap: US$18.4b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in the United States.

Banco Comercial Português

Market Cap: €15.9b

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

ACM Research (Shanghai)

Market Cap: CN¥123.9b

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

Telia Company

Market Cap: SEK 174.4b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

Telecom Italia

Market Cap: €15.8b

Engages in the fixed and mobile telecommunications services and products for individuals, households, and supports small and medium-sized enterprises in Italy and internationally.

IHH Healthcare Berhad

Market Cap: RM 74.5b

An investment holding company, provides healthcare services in Singapore, Malaysia, India, Greater China, Japan, Türkiye and Europe, and internationally.

East West Bancorp

Market Cap: US$18.1b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Saudi Awwal Bank

Market Cap: ر.س67.8b

Provides banking and financial services in the Kingdom of Saudi Arabia.

SinoPac Financial Holdings

Market Cap: NT$585.4b

Through its subsidiaries, provides banking services worldwide.

Lattice Semiconductor

Market Cap: US$18.0b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Samsung Fire & Marine Insurance

Market Cap: ₩25.7t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Performance Food Group

Market Cap: US$18.0b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

MPI

Market Cap: NT$578.1b

Manufactures, processes, repairs, imports/exports, and trades in semiconductor manufacturing and testing equipment in Taiwan, China, the United States, Singapore, Korea, and internationally.

SDIC Power Holdings

Market Cap: CN¥120.3b

Engages in the electricity generation business in China.

Koninklijke KPN

Market Cap: €15.5b

Provides telecommunications and information technology (IT) services in the Netherlands.

Kasikornbank

Market Cap: ฿580.7b

Provides commercial banking products and services in Thailand and internationally.

JCET Group

Market Cap: CN¥117.0b

Provides integrated-circuit back-end and technology services in China, South Korea, the United States, and internationally.

Bank of Hangzhou

Market Cap: CN¥117.0b

Provides various banking products and services in China.

Bank Polska Kasa Opieki

Market Cap: zł64.6b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

CEMEX. de

Market Cap: Mex$298.4b

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

Global Unichip

Market Cap: NT$555.5b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.

FinecoBank Banca Fineco

Market Cap: €14.8b

Provides banking, credit, trading and investment services in Italy.

National Bank of Greece

Market Cap: €14.7b

Provides banking, financial products, and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom, and internationally.