Romanian Telecom Defensive Blue Chips

CaixaBank

Market Cap: €63.8b

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

Marvell Technology

Market Cap: US$74.3b

Provides data infrastructure semiconductor solutions, spanning the data center core to network edge.

Nu Holdings

Market Cap: US$74.0b

Provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States.

Barclays

Market Cap: UK£53.7b

Provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia.

ING Groep

Market Cap: €61.7b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

National Grid

Market Cap: UK£53.5b

Engages in the transmission and distribution of electricity and gas.

Federal National Mortgage Association

Market Cap: US$70.9b

Provides financing solutions for residential mortgages in the United States.

MediaTek

Market Cap: NT$2.1t

Engages in the research, development, production, manufacture, and marketing of multimedia integrated circuits (ICs) in Taiwan, rest of Asia, and internationally.

SoftBank

Market Cap: JP¥10.3t

Provides mobile communications and fixed-line telecommunications and ISP services in Japan.

Vistra

Market Cap: US$68.4b

Operates as an integrated retail electricity and power generation company in the United States.

ANZ Group Holdings

Market Cap: AU$101.4b

Provides various banking and financial products and services to retail, individuals and business customers in Australia and internationally.

Lloyds Banking Group

Market Cap: UK£49.6b

Provides a range of banking and financial products and services in the United Kingdom and internationally.

Wuliangye YibinLtd

Market Cap: CN¥471.5b

Manufactures and sells liquor and wine products under the Wuliangye brand in China.

Monster Beverage

Market Cap: US$65.6b

Through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally.

Life Insurance Corporation of India

Market Cap: ₹5.7t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Travelers Companies

Market Cap: US$64.1b

Through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally.

América Móvil. de

Market Cap: Mex$1.2t

Provides telecommunications services in Latin America and internationally.

Siemens Healthineers

Market Cap: €53.0b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide.

Saudi National Bank

Market Cap: ر.س231.2b

Through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally.

Crédit Agricole

Market Cap: €51.6b

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

Aflac

Market Cap: US$60.1b

Through its subsidiaries, provides supplemental health and life insurance products.

KDDI

Market Cap: JP¥9.0t

Engages in the provision of mobile telecommunications services in Japan and internationally.

NatWest Group

Market Cap: UK£44.1b

Provides banking and financial products and services in the United Kingdom and internationally.

Industrial Bank

Market Cap: CN¥420.1b

Provides banking services in the People’s Republic of China.

Saudi Telecom

Market Cap: ر.س220.9b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

Cencora

Market Cap: US$58.7b

Cencora, Inc. sources and distributes pharmaceutical products in the United States and internationally.

Truist Financial

Market Cap: US$58.7b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

Oversea-Chinese Banking

Market Cap: S$75.6b

Provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally.

Japan Tobacco

Market Cap: JP¥8.8t

A tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally.

Assicurazioni Generali

Market Cap: €49.6b

Provides various insurance solutions under the Generali brand in the Americas, Italy, rest of Europe, Africa, the Middle East, Asia, and the Oceania.

NXP Semiconductors

Market Cap: US$57.7b

Provides semiconductor products in China, the United States, Germany, Japan, Singapore, South Korea, Mexico, the Netherlands, Taiwan, and internationally.

ITC

Market Cap: ₹5.0t

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

Nordea Bank Abp

Market Cap: €48.0b

Offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally.

Allstate

Market Cap: US$55.6b

Provides property and casualty, and other insurance products in the United States and Canada.

Becton Dickinson

Market Cap: US$55.5b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

Bank Central Asia

Market Cap: Rp924.4t

Provides banking products and other financial services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally.