Polish Telecom Defensive Blue Chips

Eurobank

Market Cap: €16.6b

Provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Cellnex Telecom

Market Cap: €16.6b

Engages in the management of terrestrial telecommunications infrastructures in France, Italy, the United Kingdom, Spain, Poland, the Netherlands, Portugal, Switzerland, Denmark, Sweden, Ireland, and Austria.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫500.5t

Provides banking products and services in Vietnam.

QNB Bank

Market Cap: ₺924.0b

Provides various banking and financial services in Turkey.

Telecom Italia

Market Cap: €16.5b

Engages in the fixed and mobile telecommunications services and products for individuals, households, and supports small and medium-sized enterprises in Italy and internationally.

Krung Thai Bank

Market Cap: ฿628.9b

Engages in commercial banking business in Thailand and internationally.

Bank Polska Kasa Opieki

Market Cap: zł70.8b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$95.8b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Bank of Hangzhou

Market Cap: CN¥124.2b

Provides various banking products and services in China.

Telia Company

Market Cap: SEK 181.0b

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

Straumann Holding

Market Cap: CHF 15.1b

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

Tyson Foods

Market Cap: US$18.3b

Operates as a food company worldwide.

Adani Energy Solutions

Market Cap: ₹1.8t

Generates, transmits, and distributes power in India.

Saudi Awwal Bank

Market Cap: ر.س68.6b

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

ageas

Market Cap: €15.9b

Engages in insurance business.

Carlsberg

Market Cap: DKK 118.5b

Produces and markets beer, soft drinks, and other beverage products in Western Europe, Asia, Central and Eastern Europe, India, and internationally.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 83.2b

Produces and supplies electricity from hydroelectric and wind sources in Romania.

SBI Life Insurance

Market Cap: ₹1.7t

Operates as a life insurance company in India.

Vodacom Group

Market Cap: R293.7b

Provides communications products and services in South Africa, Egypt, Kenya, and internationally.

First Financial Holding

Market Cap: NT$572.3b

Provides various financial products and services in Asia, North America, Oceania, and Europe.

SiTime

Market Cap: US$18.0b

Engages in the design, development, and sale of silicon timing systems solutions in Hong Kong, Taiwan, the United States, Singapore, and internationally.

Wilmar International

Market Cap: S$23.0b

Operates as an agribusiness company in Singapore, the People's Republic of China, Indonesia, Malaysia, Australia, Europe, South Africa, Nigeria, Vietnam, India, and internationally.

Zimmer Biomet Holdings

Market Cap: US$18.0b

Operates as a medical technology company worldwide.

National Bank of Greece

Market Cap: €15.6b

Provides banking, financial products, and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom, and internationally.

Saudi Energy

Market Cap: ر.س67.2b

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

MPI

Market Cap: NT$568.3b

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

Kasikornbank

Market Cap: ฿594.8b

Provides commercial banking products and services in Thailand and internationally.

Xi'an ESWIN Material Technology

Market Cap: CN¥119.0b

Xi'an ESWIN Material Technology Co., Ltd.

Bank of Beijing

Market Cap: CN¥117.1b

Provides various banking services to individuals and corporates in China.

Mashreqbank PSC

Market Cap: د.إ64.0b

Provides various banking and financial services to individuals and corporates.

East West Bancorp

Market Cap: US$17.4b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Koninklijke KPN

Market Cap: €15.1b

Provides telecommunications and information technology (IT) services in the Netherlands.

BE Semiconductor Industries

Market Cap: €15.1b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Pernod Ricard

Market Cap: €15.0b

Produces and sells wines and spirits worldwide.

ASR Nederland

Market Cap: €14.9b

Provides insurance, pensions, and mortgages products and services for consumers, businesses, and employers in the Netherlands.

SDIC Power Holdings

Market Cap: CN¥114.5b

Engages in the electricity generation business in China.