Mexican Materials Defensive Blue Chips

ASPEED Technology

Market Cap: NT$341.7b

Operates as a fabless integrated circuit (IC) design company in Taiwan, China, the United States, and internationally.

Petrovietnam Gas

Market Cap: ₫276.3t

Engages in the collection, transportation, processing, storage, distribution, importing, and trading of gas and gas related products in Vietnam.

Magnum Ice Cream

Market Cap: €9.1b

Engages in ice cream business.

Türkiye Is Bankasi

Market Cap: ₺465.3b

Provides various banking products and services in Turkey.

Tongfu MicroelectronicsLtd

Market Cap: CN¥74.2b

Provides integrated circuit (IC) encapsulation test services in China and internationally.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥73.8b

Beijing E-Town Semiconductor Technology Co., Ltd.

Webster Financial

Market Cap: US$10.6b

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.

Bank Albilad

Market Cap: ر.س39.8b

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

Shree Cement

Market Cap: ₹967.0b

Engages in the manufacture and sale of cement and clinker in India and internationally.

Guobo Electronics

Market Cap: CN¥73.0b

Engages in the research and development, production, and sale of active phased array transmitter and receiver components and radio frequency integrated circuit related products in China.

Tsingtao Brewery

Market Cap: CN¥72.9b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

United Spirits

Market Cap: ₹956.1b

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

Buzzi

Market Cap: €8.8b

Manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates.

Bank of the Philippine Islands

Market Cap: ₱611.9b

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

SBI Shinsei Bank

Market Cap: JP¥1.6t

Provides banking and financial products and services to individual customers, corporations, public-sector entities, and financial institutions in Japan.

BUA Foods

Market Cap: ₦14.4t

Processes, manufactures, produces, and distributes food materials in Nigeria.

Enel Américas

Market Cap: CL$9.0t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Baxter International

Market Cap: US$10.3b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Dino Polska

Market Cap: zł36.9b

Operates a network of medium-sized grocery supermarkets under the Dino brand in Poland.

Pilgrim's Pride

Market Cap: US$10.3b

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.

Far EasTone Telecommunications

Market Cap: NT$325.2b

Engages in the provision of telecommunications and digital application services in Taiwan.

SD Guthrie Berhad

Market Cap: RM 40.4b

Operates as an integrated plantations company in Malaysia and internationally.

Vienna Insurance Group

Market Cap: €8.7b

Engages in providing insurance products and services in Austria and internationally.

Phoenix Group Holdings

Market Cap: UK£7.5b

Operates in the long-term savings and retirement business in Europe.

Marico

Market Cap: ₹935.7b

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Millicom International Cellular

Market Cap: US$10.2b

Provides cable and mobile services in Latin America.

Max Healthcare Institute

Market Cap: ₹932.6b

Provides medical and healthcare services in India.

Marks and Spencer Group

Market Cap: UK£7.5b

Operates various retail stores.

ICICI Prudential Life Insurance

Market Cap: ₹929.3b

Provides life insurance, annuity, pension, and health insurance products to individuals and groups in India.

SK Telecom

Market Cap: ₩14.7t

Engages in the provision of wireless telecommunication services in South Korea.

SouthState Bank

Market Cap: US$10.1b

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.

Itissalat Al-Maghrib (IAM)

Market Cap: د.م92.7b

Provides various telecommunication solutions in Morocco and internationally.

National Silicon Industry Group

Market Cap: CN¥70.3b

National Silicon Industry Group Co., Ltd.

Kesko Oyj

Market Cap: €8.5b

Engages in the chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Denmark, and Poland.

Bank Negara Indonesia (Persero)

Market Cap: Rp167.7t

Provides various banking products and services in Indonesia, rest of Asia, New York, and Europe.

Harel Insurance Investments & Financial Services

Market Cap: ₪31.1b

Offers insurance and financial services in Israel, Europe, and internationally.