Swedish Materials Defensive Blue Chips

Hologic

Market Cap: US$16.7b

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.

Saudi Awwal Bank

Market Cap: ر.س62.3b

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

Hon. Precision

Market Cap: NT$520.0b

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

JBS

Market Cap: US$16.5b

Operates as a protein and food company worldwide.

Unipol Assicurazioni

Market Cap: €14.0b

Provides insurance products and services primarily in Italy.

Lasertec

Market Cap: JP¥2.5t

Engages in the designing, manufacturing, and sale of inspection and measurement equipment in Japan and internationally.

Qnity Electronics

Market Cap: US$16.3b

Provides materials and solutions to the semiconductor and electronics industries worldwide.

Wens Foodstuff Group

Market Cap: CN¥114.4b

Operates as an agricultural and animal husbandry company in China.

Bank of Hangzhou

Market Cap: CN¥114.3b

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

Huaneng Power International

Market Cap: HK$125.7b

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

Fidelity National Financial

Market Cap: US$16.1b

Provides various insurance products in the United States.

Alinma Bank

Market Cap: ر.س60.5b

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

Uniper

Market Cap: €13.9b

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

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.

Punjab National Bank

Market Cap: ₹1.4t

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

E.SUN Financial Holding Company

Market Cap: NT$499.0b

Provides various financial banking products and services in Taiwan.

Telia Company

Market Cap: SEK 149.5b

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

Hua Xia Bank

Market Cap: CN¥111.4b

Provides commercial banking services in China and Hong Kong.

Mediobanca Banca di Credito Finanziario

Market Cap: €13.6b

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

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

Saudi Electricity

Market Cap: ر.س59.0b

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

Attijariwafa bank

Market Cap: د.م145.1b

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

SDIC Power Holdings

Market Cap: CN¥110.5b

Engages in the electricity generation business in China.

Grupo Cibest

Market Cap: Col$59.3t

Provides various banking products and services in Colombia and internationally.

Metro

Market Cap: CA$21.7b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

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

Market Cap: ر.ق56.2b

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

Ryan Specialty Holdings

Market Cap: US$15.4b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, and Singapore.

Wilmar International

Market Cap: S$20.0b

Operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally.

Cooper Companies

Market Cap: US$15.4b

Develops, manufactures, and markets contact lens wearers.

Erie Indemnity

Market Cap: US$15.4b

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

Chandra Daya Investasi

Market Cap: Rp255.9t

Operates as an infrastructure investment holding company.

Canara Bank

Market Cap: ₹1.4t

Provides various banking products and services in India and internationally.

Airtel Africa

Market Cap: UK£11.6b

Provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa.

CEMEX. de

Market Cap: Mex$280.3b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

Vodacom Group

Market Cap: R261.1b

Provides communications products and services.

Aier Eye Hospital Group

Market Cap: CN¥106.9b

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