Pakistani Energy Defensive Blue Chips

China Tower

Market Cap: HK$200.7b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Vodafone Group

Market Cap: UK£18.8b

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

Woolworths Group

Market Cap: AU$39.1b

Operates retail stores in Australia and New Zealand.

Rocket Companies

Market Cap: US$25.4b

Provides spanning mortgage, real estate, and personal finance services in the United States and Canada.

STMicroelectronics

Market Cap: €22.2b

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

Veolia Environnement

Market Cap: €22.1b

Designs and provides water, waste, and energy management solutions.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ91.5b

Provides banking products and services in the United Arab Emirates and internationally.

Grupo Financiero Banorte. de

Market Cap: Mex$477.6b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

Markel Group

Market Cap: US$24.8b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

Dollar General

Market Cap: US$24.8b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Adani Power

Market Cap: ₹2.1t

Engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPA), supplemental PPA, medium and short term PPA, and on merchant basis in India.

Atmos Energy

Market Cap: US$24.6b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Bank of Ningbo

Market Cap: CN¥175.9b

Provides various personal and business banking products and services in the People's Republic of China.

Ajinomoto

Market Cap: JP¥3.5t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

Disco

Market Cap: JP¥3.5t

Manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally.

Huaneng Lancang River Hydropower

Market Cap: CN¥174.6b

Engages in the development, construction, operation, and management of hydropower projects.

First Citizens BancShares

Market Cap: US$24.3b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

Power Corporation of Canada

Market Cap: CA$33.1b

An international management and holding company, provides financial services in North America, Europe, and Asia.

Federal Home Loan Mortgage

Market Cap: US$24.1b

Operates in the secondary mortgage market in the United States.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س90.4b

Provides private health and ancillary services.

STERIS

Market Cap: US$23.9b

Provides infection prevention products and services worldwide.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł89.8b

Provides various banking products and services in Poland and internationally.

BT Group

Market Cap: UK£17.6b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Luzhou LaojiaoLtd

Market Cap: CN¥171.1b

Provides liquor products in China.

Bank Leumi le-Israel B.M

Market Cap: ₪83.0b

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

Cincinnati Financial

Market Cap: US$23.7b

Provides property casualty insurance products in the United States.

CGN Power

Market Cap: HK$185.2b

Generates and sells nuclear power in the People’s Republic of China.

China United Network Communications

Market Cap: CN¥168.2b

Provides various telecommunication services in the People’s Republic of China.

Renesas Electronics

Market Cap: JP¥3.4t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

Eastroc Beverage(Group)

Market Cap: CN¥167.9b

Engages in the research and development, production, and sales of beverages in China.

Sigma Healthcare

Market Cap: AU$35.9b

Operates as a pharmaceutical wholesaler, distributor, and pharmacy franchisor in Australia and internationally.

QBE Insurance Group

Market Cap: AU$35.7b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

Huntington Bancshares

Market Cap: US$23.2b

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

Yihai Kerry Arawana Holdings

Market Cap: CN¥163.7b

Engages in the agriculture and food processing businesses in China.

Heineken Holding

Market Cap: €19.9b

Engages in brewing and selling beer and cider in the Netherlands and internationally.

Insulet

Market Cap: US$22.7b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.