Qatari Utilities Defensive Blue Chips

Punjab National Bank

Market Cap: ₹1.2t

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

Chongqing Genori Technology

Market Cap: CN¥89.2b

Manufactures core components and materials.

Coloplast

Market Cap: DKK 86.1b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Apollo Hospitals Enterprise

Market Cap: ₹1.2t

Provides healthcare services in India.

Assurant

Market Cap: US$13.1b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Carrefour

Market Cap: €11.5b

Operates as a food retailer in France, Spain, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, Asia, and internationally.

Banque Saudi Fransi

Market Cap: ر.س48.6b

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

Vanguard International Semiconductor

Market Cap: NT$410.8b

Engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices in Taiwan and internationally.

Origin Energy

Market Cap: AU$18.7b

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.

Circuit Fabology Microelectronics Equipment

Market Cap: CN¥87.4b

Circuit Fabology Microelectronics Equipment Co., Ltd.

Smith & Nephew

Market Cap: UK£9.7b

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

King Yuan Electronics

Market Cap: NT$409.0b

Designs, manufactures, sells, tests, and assembles integrated circuits.

Fisher & Paykel Healthcare

Market Cap: NZ$22.7b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Konfoong Materials International

Market Cap: CN¥87.2b

Konfoong Materials International Co., Ltd.

McCormick

Market Cap: US$12.8b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Brown-Forman

Market Cap: US$12.8b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

United Utilities Group

Market Cap: UK£9.6b

Provides water and wastewater services in the United Kingdom.

CNA Financial

Market Cap: US$12.7b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

Osaka Gas

Market Cap: JP¥2.1t

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

MTN Nigeria Communications

Market Cap: ₦17.4t

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

SG Micro

Market Cap: CN¥85.9b

Engages in the development, manufacturing and sales of comprehensive analog and mixed-signal integrated-circuit (IC) solutions in Mainland China, Hong Kong, Taiwan, and internationally.

SK Telecom

Market Cap: ₩19.5t

Engages in the provision of wireless telecommunication services in South Korea.

Piraeus Bank

Market Cap: €11.1b

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

Etihad Etisalat

Market Cap: ر.س47.1b

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

Tokyo GasLtd

Market Cap: JP¥2.0t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Fresenius Medical Care

Market Cap: €11.0b

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

Fidelity National Financial

Market Cap: US$12.5b

Provides various insurance products in the United States.

Tele2

Market Cap: SEK 121.2b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

Penumbra

Market Cap: US$12.4b

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

Banque Cantonale Vaudoise

Market Cap: CHF 10.1b

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

Jerónimo Martins SGPS

Market Cap: €10.9b

Operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally.

Turkiye Garanti Bankasi

Market Cap: ₺577.9b

Provides various banking products and services in Turkey.

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

Absa Group

Market Cap: R203.7b

Provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Taiwan Cooperative Financial Holding

Market Cap: NT$393.6b

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

Hangzhou Silan Microelectronics

Market Cap: CN¥84.0b

Engages in the research, design, development, production, and sale of electronic components in China.