Moroccan Food, Beverage & Tobacco Defensive Blue Chips

Pilgrim's Pride

Market Cap: US$10.6b

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.

Vietnam Prosperity Commercial Bank

Market Cap: ₫277.7t

Provides various banking products and services to organizations and individuals in Vietnam.

Redeia Corporación

Market Cap: €9.0b

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

Taiwan Mobile

Market Cap: NT$322.1b

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

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫275.5t

Provides various banking products and services to individuals, businesses, and organizations in Vietnam and internationally.

Japan Post Insurance

Market Cap: JP¥1.5t

Provides life insurance products and services in Japan.

Adani Energy Solutions

Market Cap: ₹921.0b

Generates, transmits, and distributes power in India.

Bank of the Philippine Islands

Market Cap: ₱597.1b

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

Waaree Energies

Market Cap: ₹919.4b

Manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects.

M3

Market Cap: JP¥1.5t

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

ICICI Lombard General Insurance

Market Cap: ₹915.1b

Provides various general insurance products and services in India.

Webster Financial

Market Cap: US$10.3b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Alchip Technologies

Market Cap: NT$316.9b

Research, designs, and manufactures fabless application specific integrated circuits (ASIC) and system on a chip (SOC)in Japan, Taiwan, and China.

SouthState

Market Cap: US$10.3b

Operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States.

JCET Group

Market Cap: CN¥73.6b

Provides integrated-circuit manufacturing and technology services in China and internationally.

Saputo

Market Cap: CA$14.2b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, Argentina, and the United Kingdom.

Sanan OptoelectronicsLtd

Market Cap: CN¥73.5b

Engages in the research, development, production, and sale of LED epitaxial wafers and chips, compound semiconductors, semiconductor and communication chips, and sapphire substrates in China and internationally.

Align Technology

Market Cap: US$10.3b

Designs, manufactures, and markets Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Jentech Precision Industrial

Market Cap: NT$315.1b

Manufactures and sells precision molds worldwide.

BAWAG Group

Market Cap: €8.8b

Operates as a holding company for BAWAG P.S.K.

Carrefour

Market Cap: €8.7b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

Celcomdigi Berhad

Market Cap: RM 43.2b

An investment holding company, provides mobile communication services and related products in Malaysia.

mBank

Market Cap: zł37.2b

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

Bank Albilad

Market Cap: ر.س38.3b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Indian Bank

Market Cap: ₹900.4b

Provides various banking products and services.

Centrica

Market Cap: UK£7.5b

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

Coca-Cola Consolidated

Market Cap: US$10.2b

Manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States.

Bangkok Dusit Medical Services

Market Cap: ฿329.0b

Operates hospitals in Thailand and internationally.

TIM

Market Cap: R$55.1b

A telecommunications company, provides mobile, fixed, long-distance, data transmission, and broadband services in Brazil.

Indus Towers

Market Cap: ₹895.1b

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India.

Türkiye Is Bankasi

Market Cap: ₺417.1b

Provides various banking products and services in Turkey.

SinoPac Financial Holdings

Market Cap: NT$310.5b

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

Bharti Hexacom

Market Cap: ₹885.0b

Provides mobile services, fixed-line telephone, and broadband services to end consumers under the Airtel brand in India.

Banque Cantonale Vaudoise

Market Cap: CHF 8.0b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥71.4b

Engages in the clean energy business in China.