Polish Materials Defensive Blue Chips

VERBUND

Market Cap: €19.1b

Generates, trades, and sells electricity in Austria, Germany, France, Romania, Spain, and Luxembourg.

Banco do Brasil

Market Cap: R$112.6b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

Bank Mandiri (Persero)

Market Cap: Rp384.2t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Bunge Global

Market Cap: US$21.5b

Operates as an agribusiness and food company worldwide.

Uniper

Market Cap: €18.9b

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

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ78.2b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Labcorp Holdings

Market Cap: US$21.2b

Provides laboratory services.

Mega Financial Holding

Market Cap: NT$670.5b

Provides various financial services in Taiwan.

Grupo Cibest

Market Cap: Col$72.2t

Provides various banking products and services in Colombia and internationally.

Telefônica Brasil

Market Cap: R$109.4b

Operates as a mobile telecommunications company in Brazil.

US Foods Holding

Market Cap: US$20.7b

US Foods Holding Corp., together with its subsidiaries, markets, sells, and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

China Tower

Market Cap: HK$162.0b

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

MPI

Market Cap: NT$654.5b

Manufactures, processes, repairs, imports/exports, and trades in semiconductor manufacturing and testing equipment in Taiwan, China, the United States, Singapore, Korea, and internationally.

Legal & General Group

Market Cap: UK£15.7b

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

Telenor

Market Cap: NOK 199.3b

Operates as a telecommunication company worldwide.

Amkor Technology

Market Cap: US$20.5b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.

Raiffeisen Bank International

Market Cap: €18.1b

Offers banking services to corporate, retail, and institutional customers.

Brown & Brown

Market Cap: US$20.5b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally.

Banco de Chile

Market Cap: CL$18.1t

Provides commercial banking services in Chile.

Arca Continental. de

Market Cap: Mex$357.0b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Tyson Foods

Market Cap: US$20.2b

Operates as a food company worldwide.

Hana Financial Group

Market Cap: ₩31.1t

Through its subsidiaries, provides financial services in South Korea, Hong Kong, Singapore, the United States, Japan, China, Indonesia, the United Kingdom, Canada, and internationally.

Heineken Holding

Market Cap: €17.8b

Engages in brewing and selling beer and cider in the Netherlands, Europe, the Americas, Africa & Middle East, Asia Pacific and internationally.

Straumann Holding

Market Cap: CHF 16.4b

Provides tooth replacement and orthodontic solutions in Switzerland, the United States, China, Germany, Brazil, Japan, France, and internationally.

Alinma Bank

Market Cap: ر.س75.6b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Fortum Oyj

Market Cap: €17.7b

Engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally.

Terumo

Market Cap: JP¥3.2t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Unipol Assicurazioni

Market Cap: €17.7b

Provides insurance products and services primarily in Italy.

Saudi Energy

Market Cap: ر.س75.2b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Global Unichip

Market Cap: NT$633.2b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.

Telia Company

Market Cap: SEK 194.3b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س74.6b

Provides private health and support services in the Kingdom of Saudi Arabia.

STERIS

Market Cap: US$19.8b

Provides infection prevention products and services in the United States, Ireland, and internationally.

Bank of Nanjing

Market Cap: CN¥134.5b

Engages in the provision of various financial products and services in China.

Bank of Ireland Group

Market Cap: €17.4b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Lattice Semiconductor

Market Cap: US$19.7b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.