Romanian Telecom Defensive Blue Chips

Mizrahi Tefahot Bank

Market Cap: ₪55.0b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

Bank of Hangzhou

Market Cap: CN¥118.8b

Provides various banking products and services for individuals, corporate, and small and micro businesses in China.

Kansai Electric Power Company

Market Cap: JP¥2.5t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

Britannia Industries

Market Cap: ₹1.5t

Manufactures and sells various food products in India and internationally.

Celsius Holdings

Market Cap: US$16.6b

Develops, processes, manufactures, markets, sells, and distributes functional energy drinks in the United States, North America, Europe, the Asia Pacific, and internationally.

Erie Indemnity

Market Cap: US$16.5b

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

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$89.1b

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

Hana Financial Group

Market Cap: ₩23.6t

Through its subsidiaries, provides financial services in South Korea.

Shanghai United Imaging Healthcare

Market Cap: CN¥117.3b

Shanghai United Imaging Healthcare Co., Ltd.

Sonova Holding

Market Cap: CHF 13.1b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Arca Continental. de

Market Cap: Mex$302.0b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Attijariwafa bank

Market Cap: د.م149.9b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Aier Eye Hospital Group

Market Cap: CN¥114.6b

Operates as a ophthalmology chain medical company in China, Hong Kong, Europe, the United States, and Southeast Asia.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Hologic

Market Cap: US$16.0b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

TS Financial Holding

Market Cap: NT$489.9b

Provides various financial products and services.

Ambuja Cements

Market Cap: ₹1.4t

Manufactures, markets, and sells cement and related products to individual homebuilders, developers, infrastructure projects, masons and contractors, professionals, and architects and engineers in India.

Performance Food Group

Market Cap: US$15.9b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Bank of Baroda

Market Cap: ₹1.4t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Fresenius Medical Care

Market Cap: €13.5b

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

Grupo Financiero Inbursa. de

Market Cap: Mex$288.3b

Provides various financial products and services to individuals and businesses in Mexico.

Uniper

Market Cap: €13.5b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

SDIC Power Holdings

Market Cap: CN¥111.2b

Engages in the electricity generation business in China.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق56.7b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Smith & Nephew

Market Cap: UK£11.5b

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

Punjab National Bank

Market Cap: ₹1.4t

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

Hua Xia Bank

Market Cap: CN¥109.2b

Provides commercial banking services in China and Hong Kong.

Mediobanca Banca di Credito Finanziario

Market Cap: €13.2b

Provides various banking products and services in Italy, Other European countries, the United States, Asia, and internationally.

bioMérieux

Market Cap: €13.1b

Develops and markets in vitro diagnostic solutions for infectious diseases in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Fidelity National Financial

Market Cap: US$15.2b

Provides various insurance products in the United States.

Unipol Assicurazioni

Market Cap: €13.1b

Provides insurance products and services primarily in Italy.

Vodacom Group

Market Cap: R263.4b

Provides communications products and services.

Huaneng Power International

Market Cap: HK$117.4b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China and internationally.

Tryg

Market Cap: DKK 96.6b

Provides insurance products and services for private and corporate customers, and small and medium-sized businesses in Denmark, Sweden, the United Kingdom, and Norway.

Telia Company

Market Cap: SEK 141.3b

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

Jerónimo Martins SGPS

Market Cap: €12.9b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.