Romanian Utilities Defensive Blue Chips

Arch Capital Group

Market Cap: US$30.5b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Bank of Ningbo

Market Cap: CN¥206.3b

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

Muyuan Foods

Market Cap: CN¥204.5b

Operates as a pork company in the hog farming industry in China.

Standard Bank Group

Market Cap: R494.0b

Provides financial products and services in South Africa and internationally.

Amrize

Market Cap: CHF 23.7b

Engages in the provision of various building solutions for infrastructure, commercial, and residential construction markets in North America.

Veeva Systems

Market Cap: US$29.9b

Provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.

Shinhan Financial Group

Market Cap: ₩45.8t

Provides financial products and services in South Korea, Vietnam, and Japan.

Veolia Environnement

Market Cap: €25.7b

Designs and provides water, waste, and energy management solutions.

China Unicom (Hong Kong)

Market Cap: HK$233.2b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

Talanx

Market Cap: €25.6b

Provides insurance and reinsurance products and services worldwide.

Centene

Market Cap: US$29.6b

Operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$3.8b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Gulf Development

Market Cap: ฿963.6b

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

Foshan Haitian Flavouring and Food

Market Cap: CN¥198.7b

Foshan Haitian Flavouring and Food Company Ltd.

Swiss Life Holding

Market Cap: CHF 23.2b

Provides life, pensions, and financial solutions for private and corporate clients.

MACOM Technology Solutions Holdings

Market Cap: US$29.2b

Provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum.

Grupo Financiero Banorte. de

Market Cap: Mex$501.7b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

Resona Holdings

Market Cap: JP¥4.6t

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

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ105.3b

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

Svenska Handelsbanken

Market Cap: SEK 268.1b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Avenue Supermarts

Market Cap: ₹2.7t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

DexCom

Market Cap: US$28.3b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally.

GE HealthCare Technologies

Market Cap: US$28.2b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Atmos Energy

Market Cap: US$28.2b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

China National Nuclear Power

Market Cap: CN¥190.5b

Engages in the investment, construction, operation, and management of nuclear power projects in the People's Republic of China.

Nestlé India

Market Cap: ₹2.7t

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

Huaneng Lancang River Hydropower

Market Cap: CN¥188.7b

Engages in the development, construction, operation, and management of hydropower and new energy power generation projects.

Casey's General Stores

Market Cap: US$27.9b

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

BPER Banca

Market Cap: €23.9b

Engages in the provision of banking products and services for individuals, and businesses and professionals in Italy and internationally.

Power Grid Corporation of India

Market Cap: ₹2.7t

An electric power transmission utility, engages in the power transmission business in India and internationally.

Kraft Heinz

Market Cap: US$27.7b

Manufactures and markets food and beverage products in North America and internationally.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 21.7b

Engages in the development, manufacture, and sale of chocolate products worldwide.

Sampo Oyj

Market Cap: €23.6b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

Credicorp

Market Cap: US$27.3b

Provides various banking services and products in Peru, Bermuda, Colombia, Bolivia, Panama, Chile, the United States, the Cayman Islands, and Mexico.

Seven & i Holdings

Market Cap: JP¥4.4t

Operates convenience stores in Japan, North America, and internationally.

QNB Bank

Market Cap: ₺1.2t

Provides various banking and financial services in Turkey.