Maltese Transportation Defensive Blue Chips

Saudi National Bank

Market Cap: ر.س230.0b

Through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally.

Nongfu Spring

Market Cap: HK$477.3b

Produces and sells packaged drinking water and beverage products primarily in Mainland China.

MetLife

Market Cap: US$59.8b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

Sempra

Market Cap: US$59.3b

Engages in the regulated utilities business in the United States and Mexico.

Cencora

Market Cap: US$59.1b

Cencora, Inc. sources and distributes pharmaceutical products in the United States and internationally.

Alimentation Couche-Tard

Market Cap: CA$83.1b

Operates and licenses convenience stores in North America, Europe, and Asia.

China CITIC Bank

Market Cap: CN¥397.8b

Provides various banking products and services in the People’s Republic of China and internationally.

Great-West Lifeco

Market Cap: CA$82.4b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥390.7b

Advanced Micro-Fabrication Equipment Inc.

E.ON

Market Cap: €50.3b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

Saudi Telecom

Market Cap: ر.س215.2b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

Life Insurance Corporation of India

Market Cap: ₹5.4t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Industrial Bank

Market Cap: CN¥378.6b

Provides banking products and services in the People’s Republic of China.

Singapore Telecommunications

Market Cap: S$72.2b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally.

STMicroelectronics

Market Cap: €48.8b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

United Overseas Bank

Market Cap: S$70.5b

Provides banking products and services worldwide.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ199.1b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.

KBC Group

Market Cap: €47.4b

Provides banking, insurance, and asset management services in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

Loblaw Companies

Market Cap: CA$75.7b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.

Fubon Financial Holding

Market Cap: NT$1.7t

Provides various financial products and services in Taiwan, Asia, and internationally.

Vistra

Market Cap: US$53.3b

Operates as an integrated retail electricity and power generation company in the United States.

Astera Labs

Market Cap: US$53.0b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States.

MetaX Integrated Circuits (Shanghai)

Market Cap: CN¥358.5b

MetaX Integrated Circuits (Shanghai) Co., Ltd.

Cardinal Health

Market Cap: US$52.9b

Operates as a healthcare services and products company in the United States and internationally.

Hua Hong Grace Semiconductor

Market Cap: HK$411.9b

An investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, and Europe.

HOYA

Market Cap: JP¥8.5t

A med-tech company, provides high-tech and medical products in the Japan, Asia, the Americas, Europe, and internationally.

Danone

Market Cap: €45.9b

Operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States.

United Microelectronics

Market Cap: NT$1.7t

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

Teradyne

Market Cap: US$52.2b

Engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.

FBC Holdings

Market Cap: US$6.7b

Through its subsidiaries, provides commercial and wholesale banking, mortgage financing, micro lending, reinsurance, short-term insurance, and stockbroking services in Zimbabwe.

Fifth Third Bancorp

Market Cap: US$52.0b

Operates as the bank holding company for Fifth Third Bank, National Association that provides a range of financial products and services in the United States.

Erste Group Bank

Market Cap: €45.1b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.

Emirates NBD Bank PJSC

Market Cap: د.إ188.2b

Engages in the provision of corporate, institutional, retail, treasury, and Islamic banking services.

Entergy

Market Cap: US$51.2b

Engages in the production and retail distribution of electricity in the United States.

Holcim

Market Cap: CHF 41.3b

Provides building materials and solutions in Europe, Latin America, and Asia, Middle East, and Africa.

Orange

Market Cap: €43.7b

Operates as a telecommunications operator in France and internationally.