Qatari Telecom Defensive Blue Chips

Puya Semiconductor (Shanghai)

Market Cap: CN¥89.3b

Engages in research, development, design, and sale of non-volatile memory chips and memory-based derivative chips in China and internationally.

Erie Indemnity

Market Cap: US$13.2b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Great Eastern Holdings

Market Cap: S$17.0b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

Shanghai United Imaging Healthcare

Market Cap: CN¥88.9b

Shanghai United Imaging Healthcare Co., Ltd.

WH Group

Market Cap: HK$102.6b

An investment holding company, produces and sells packaged meats, pork, and hogs in China, North America, and Europe.

Banque Saudi Fransi

Market Cap: ر.س49.1b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

HANMI Semiconductor

Market Cap: ₩19.5t

Manufactures and sells semiconductor equipment in South Korea and internationally.

HDFC Life Insurance

Market Cap: ₹1.2t

Engages in the provision of individual and group insurance solutions in India.

Piraeus Bank

Market Cap: €11.4b

Provides various banking products and services in Greece, Europe, and internationally.

LONGi Green Energy Technology

Market Cap: CN¥87.9b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

Caixa Seguridade Participações

Market Cap: R$66.2b

Provides insurance products in Brazil and internationally.

Yokohama Financial Group

Market Cap: JP¥2.1t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

Banque Cantonale Vaudoise

Market Cap: CHF 10.5b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Konfoong Materials International

Market Cap: CN¥87.5b

Konfoong Materials International Co., Ltd.

Smith & Nephew

Market Cap: UK£9.6b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Align Technology

Market Cap: US$12.9b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Etihad Etisalat

Market Cap: ر.س48.0b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Punjab National Bank

Market Cap: ₹1.2t

Provides various banking and financial products and services in India and internationally.

iA Financial

Market Cap: CA$18.1b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Fresenius Medical Care

Market Cap: €11.1b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Anhui Conch Cement

Market Cap: CN¥86.4b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Dangote Cement

Market Cap: ₦17.5t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Eastroc Beverage (Group)

Market Cap: CN¥86.1b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.

Semtech

Market Cap: US$12.7b

Provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.

Penumbra

Market Cap: US$12.5b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Israel Discount Bank

Market Cap: ₪37.9b

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

ROHM

Market Cap: JP¥2.0t

Manufactures and sells electronic components worldwide.

Osaka Gas

Market Cap: JP¥2.0t

Provides natural gas, electricity, and other energy products and services in Japan and internationally.

CP ALL

Market Cap: ฿414.4b

Operates convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internationally.

Webster Financial

Market Cap: US$12.4b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Almarai

Market Cap: ر.س46.5b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

MTN Nigeria Communications

Market Cap: ₦17.0t

Provides broadband fixed wireless access, telecommunication, and mobile financial services to consumer, commercial, and institutional customers in Nigeria.

Taiwan Cooperative Financial Holding

Market Cap: NT$395.2b

Provides banking, insurance, securities, bills finance, investment trust, asset management, and capital management services in Taiwan.

BUA Foods

Market Cap: ₦16.9t

Processes, manufactures, produces, and distributes food materials in Nigeria.

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

Origin Energy

Market Cap: AU$17.6b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.