Polish Telecom Defensive Blue Chips

TS Financial Holding

Market Cap: NT$1.1t

Provides various financial products and services.

Bank Hapoalim B.M

Market Cap: ₪106.5b

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

Chunghwa Telecom

Market Cap: NT$1.1t

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

CEZ a. s

Market Cap: Kč736.0b

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

Hon. Precision

Market Cap: NT$1.1t

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

ITC

Market Cap: ₹3.3t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

BPER Banca

Market Cap: €29.8b

Engages in the provision of banking products and services for individuals, and businesses and professionals in Italy and internationally.

Hershey

Market Cap: US$34.2b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

M&T Bank

Market Cap: US$34.0b

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.

Ping An Bank

Market Cap: CN¥227.0b

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

Huntington Bancshares

Market Cap: US$33.8b

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

Bank of Ningbo

Market Cap: CN¥226.6b

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

Woolworths Group

Market Cap: AU$47.0b

Operates retail stores in Australia and New Zealand.

Centene

Market Cap: US$33.4b

Operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States.

Bank of Jiangsu

Market Cap: CN¥223.2b

Provides various banking products and services in China.

Arch Capital Group

Market Cap: US$33.0b

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

UltraTech Cement

Market Cap: ₹3.1t

Engages in the manufacturing, marketing, and distribution of building materials in India and internationally.

ResMed

Market Cap: US$32.8b

Engages in the digital health and cloud-connected medical devices business in the United States and internationally.

DexCom

Market Cap: US$32.6b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally.

Prudential

Market Cap: UK£24.3b

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

Hua Hong Grace Semiconductor

Market Cap: HK$255.7b

An investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, and Europe.

Yuanjie Semiconductor Technology

Market Cap: CN¥217.5b

Yuanjie Semiconductor Technology Co., Ltd.

Alcon

Market Cap: CHF 26.6b

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

Vulcan Materials

Market Cap: US$32.3b

Produces and supplies construction aggregates in the United States.

Koninklijke Ahold Delhaize

Market Cap: €28.1b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Fairfax Financial Holdings

Market Cap: CA$45.0b

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.

Intact Financial

Market Cap: CA$44.9b

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

Grupo Financiero Banorte. de

Market Cap: Mex$549.3b

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

Capitec

Market Cap: R519.3b

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

Naturgy Energy Group

Market Cap: €27.4b

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

Sumitomo Mitsui Trust Group

Market Cap: JP¥4.9t

Operates as a trust bank in Japan and internationally.

Swiss Life Holding

Market Cap: CHF 25.8b

Provides life, pensions, and financial solutions for private and corporate clients.

Standard Bank Group

Market Cap: R507.5b

Provides financial products and services in South Africa and internationally.

Svenska Handelsbanken

Market Cap: SEK 305.4b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

AXIA Energia

Market Cap: R$158.4b

Through its subsidiaries, engages in the generation, transmission, distribution, and commercialization of electricity in Brazil.

Malayan Banking Berhad

Market Cap: RM 126.0b

Provides commercial banking and related financial products and services.