Portuguese Tech Defensive Blue Chips

EnBW Energie Baden-Württemberg

Market Cap: €22.2b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

Banco do Brasil

Market Cap: R$133.6b

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

Banca Monte dei Paschi di Siena

Market Cap: €22.0b

Provides retail and commercial banking services in Italy.

BPER Banca

Market Cap: €21.9b

Provides banking products and services for individuals, and businesses and professionals in Italy and internationally.

Nanya Technology

Market Cap: NT$805.6b

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

Gulf Development

Market Cap: ฿825.4b

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

Resona Holdings

Market Cap: JP¥4.0t

Through its subsidiaries, engages in the provision retail and commercial banking products and services in Japan and internationally.

China Tower

Market Cap: HK$195.1b

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

Snam

Market Cap: €21.6b

Engages in the operation of natural gas transport and storage infrastructure.

Telefônica Brasil

Market Cap: R$129.8b

Operates as a mobile telecommunications company in Brazil.

Casey's General Stores

Market Cap: US$24.7b

Operates convenience stores under the Casey's and Casey’s General Store names in the United States.

Markel Group

Market Cap: US$24.7b

Engages in the insurance business in the United States, the United Kingdom, Bermuda, Germany, rest of the European Union, Canada, and the Asia Pacific.

Nestlé India

Market Cap: ₹2.3t

Engages in the manufacture and sale of food products in India and internationally.

Bunge Global

Market Cap: US$24.4b

Operates as an agribusiness and food company worldwide.

Telenor

Market Cap: NOK 233.2b

Operates as a telecommunication company worldwide.

Citizens Financial Group

Market Cap: US$24.3b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥166.6b

Inner Mongolia Yili Industrial Group Co., Ltd.

GLOBALFOUNDRIES

Market Cap: US$24.1b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies in the United States, Europe, the Middle East, Africa, and internationally.

China Minsheng Banking

Market Cap: CN¥165.1b

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

Public Bank Berhad

Market Cap: RM 94.1b

Provides banking products and services.

ON Semiconductor

Market Cap: US$23.8b

Provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally.

Qnity Electronics

Market Cap: US$23.8b

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.

CLP Holdings

Market Cap: HK$186.3b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Yihai Kerry Arawana Holdings

Market Cap: CN¥163.9b

Engages in the agriculture and food processing businesses in China.

Telefónica

Market Cap: €20.6b

Provides telecommunications services in Europe and Latin America.

Banco de Crédito del Perú

Market Cap: S/80.4b

Provides banking products and services to individuals, small and medium-sized enterprises (SME), and companies in Peru, Panama, and the United States.

Hon. Precision

Market Cap: NT$748.4b

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

Brown & Brown

Market Cap: US$23.3b

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

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س86.8b

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

United Microelectronics

Market Cap: NT$738.4b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

Fortum Oyj

Market Cap: €20.0b

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

Terna

Market Cap: €20.0b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

Riyad Bank

Market Cap: ر.س85.6b

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

Cellnex Telecom

Market Cap: €19.8b

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.

AIB Group

Market Cap: €19.6b

Provides banking and financial products and services to personal, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Luzhou LaojiaoLtd

Market Cap: CN¥155.1b

Produces and sells alcoholic products in China and internationally.