Russian Utilities Defensive Blue Chips

Telenor

Market Cap: NOK 183.1b

Operates as a telecommunication company worldwide.

NMBZ Holdings

Market Cap: US$2.5b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

Skyverse Technology

Market Cap: CN¥129.8b

Manufactures and sells quality control equipment to enterprises involved in the front-end integrated circuit processes and packaging in China and internationally.

Zimmer Biomet Holdings

Market Cap: US$19.2b

Operates as a medical technology company worldwide.

E.SUN Financial Holding Company

Market Cap: NT$610.6b

Offers various financial banking products and services in Taiwan.

Arca Continental. de

Market Cap: Mex$323.9b

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

Eurobank

Market Cap: €16.4b

Provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Associated British Foods

Market Cap: UK£14.0b

Engages in the food, ingredients, and retail businesses worldwide.

Telecom Italia

Market Cap: €16.3b

Engages in the fixed and mobile telecommunications services and products for individuals, households, and supports small and medium-sized enterprises in Italy and internationally.

Luzhou LaojiaoLtd

Market Cap: CN¥127.1b

Produces and sells alcoholic products in China and internationally.

Saudi Energy

Market Cap: ر.س70.6b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a life insurance company in India.

Banco Comercial Português

Market Cap: €16.2b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

East West Bancorp

Market Cap: US$18.7b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Krung Thai Bank

Market Cap: ฿614.9b

Engages in commercial banking business in Thailand and internationally.

Lattice Semiconductor

Market Cap: US$18.5b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫486.3t

Provides banking products and services in Vietnam.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 83.6b

Produces and supplies electricity from hydroelectric and wind sources in Romania.

Wilson Bank Holding

Market Cap: US$18.4b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in the United States.

IonQ

Market Cap: US$18.4b

Develops quantum computing systems in the United States, Switzerland, and Internationally.

Saudi Awwal Bank

Market Cap: ر.س69.0b

Provides banking and financial services in the Kingdom of Saudi Arabia.

SinoPac Financial Holdings

Market Cap: NT$585.4b

Through its subsidiaries, provides banking services worldwide.

Telefônica Brasil

Market Cap: R$95.0b

Operates as a mobile telecommunications company in Brazil.

Samsung Fire & Marine Insurance

Market Cap: ₩25.6t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Bank Polska Kasa Opieki

Market Cap: zł67.5b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

James Hardie Industries

Market Cap: AU$25.4b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

BIWIN Storage Technology

Market Cap: CN¥121.1b

Engages in the research and development, design, packaging, testing, production, and sales of semiconductor memory.

Wilmar International

Market Cap: S$22.9b

Operates as an agribusiness company in Singapore, the People's Republic of China, Indonesia, Malaysia, Australia, Europe, South Africa, Nigeria, Vietnam, India, and internationally.

Telia Company

Market Cap: SEK 170.5b

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

Federal Home Loan Mortgage

Market Cap: US$17.9b

Operates in the secondary mortgage market in the United States.

MPI

Market Cap: NT$568.3b

Manufactures, processes, repairs, imports/exports, and trades in semiconductor manufacturing and testing equipment in Taiwan, China, the United States, Singapore, Korea, and internationally.

IHH Healthcare Berhad

Market Cap: RM 71.9b

An investment holding company, provides healthcare services in Singapore, Malaysia, India, Greater China, Japan, Türkiye and Europe, and internationally.

Koninklijke KPN

Market Cap: €15.3b

Provides telecommunications and information technology (IT) services in the Netherlands.

Vodacom Group

Market Cap: R286.4b

Provides communications products and services in South Africa, Egypt, Kenya, and internationally.

Kasikornbank

Market Cap: ฿580.7b

Provides commercial banking products and services in Thailand and internationally.

Sonova Holding

Market Cap: CHF 14.2b

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.