Dutch Utilities Defensive Blue Chips

Sysco

Market Cap: US$36.0b

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.

Fairfax Financial Holdings

Market Cap: CA$50.0b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in Canada, the United States, the Middle East and Asia, and internationally.

Dubai Electricity and Water Authority (PJSC)

Market Cap: د.إ130.5b

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

OTP Bank Nyrt

Market Cap: Ft10.8t

Provides various commercial banking services.

Nanya Technology

Market Cap: NT$1.1t

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

Martin Marietta Materials

Market Cap: US$35.0b

A natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.

Chunghwa Telecom

Market Cap: NT$1.1t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

Hartford Insurance Group

Market Cap: US$34.5b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł125.5b

Provides various banking products and services in Poland and internationally.

Bank Leumi le-Israel B.M

Market Cap: ₪99.7b

Provides banking and financial services for households, small and medium enterprises, and corporations in Israel, the United Kingdom, and internationally.

Intact Financial

Market Cap: CA$47.8b

Through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally.

Bank Central Asia

Market Cap: Rp623.6t

Provides commercial banking and other financial services.

Vodafone Group

Market Cap: UK£25.5b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

First Solar

Market Cap: US$34.2b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

UltraTech Cement

Market Cap: ₹3.2t

Engages in the manufacture and sale of clinker, cement, ready mix concrete, and related products in India, the United Arab Emirates, Bahrain, and Sri Lanka.

CEZ a. s

Market Cap: Kč690.9b

Engages in the generation, distribution, trade, and sale of electricity, heat, thermal energy and other commodities in Central Europe.

Shinhan Financial Group

Market Cap: ₩51.0t

Provides financial products and services in South Korea, Vietnam, and Japan.

Advanced Info Service

Market Cap: ฿1.1t

Operates as a telecommunications company primarily in Thailand.

Ørsted

Market Cap: DKK 211.8b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, and energy storage and combined heat and power (CHP) plants.

Sompo Holdings

Market Cap: JP¥5.3t

Provides property and casualty insurance services in Japan and internationally.

Prudential

Market Cap: UK£24.4b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Qnity Electronics

Market Cap: US$32.4b

Provides materials and solutions to the semiconductor and electronics industries in the United States, rest of Americas, Europe, the Middle East, Africa, Asia Pacific, China, South Korea, Taiwan, and internationally.

Malayan Banking Berhad

Market Cap: RM 130.6b

Provides commercial banking and related financial products and services.

Huntington Bancshares

Market Cap: US$32.3b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services.

Alcon

Market Cap: CHF 25.4b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

ABN AMRO Bank

Market Cap: €27.6b

Provides various banking products and financial services to retail, private, and corporate banking clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Hannover Rück

Market Cap: €27.1b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Ping An Bank

Market Cap: CN¥213.1b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Banca Monte dei Paschi di Siena

Market Cap: €27.0b

Provides various banking products and services in Italy and internationally.

Bank Hapoalim B.M

Market Cap: ₪90.9b

Provides various banking and financial services in Israel, North America, Europe, and internationally.

M&T Bank

Market Cap: US$31.3b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

Naturgy Energy Group

Market Cap: €26.5b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

Bank of Jiangsu

Market Cap: CN¥208.8b

Provides various banking products and services in China.

Gulf Development

Market Cap: ฿1.0t

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

Capitec Bank Holdings

Market Cap: R497.4b

Through its subsidiaries, provides various banking products and services in South Africa.

Arch Capital Group

Market Cap: US$30.6b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.