Swedish Materials Defensive Blue Chips

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ51.7b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

LONGi Green Energy Technology

Market Cap: CN¥95.3b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

Kirin Holdings Company

Market Cap: JP¥2.3t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

Grupo Financiero Inbursa. de

Market Cap: Mex$246.1b

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

Suncorp Group

Market Cap: AU$20.2b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Asahi Group Holdings

Market Cap: JP¥2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

T&D Holdings

Market Cap: JP¥2.3t

Through its subsidiaries, provides insurance products and services in Japan.

Admiral Group

Market Cap: UK£10.6b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, and Spain.

Reinsurance Group of America

Market Cap: US$13.9b

Provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp247.2t

Provides information and communications technology, and telecommunications network services worldwide.

WH Group

Market Cap: HK$108.3b

An investment holding company, produces and sells packaged meats, pork, and hogs in China, North America, and Europe.

Woori Financial Group

Market Cap: ₩21.2t

Operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally.

Globe Life

Market Cap: US$13.6b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Hormel Foods

Market Cap: US$13.6b

Develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally.

Everest Group

Market Cap: US$13.6b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

DaVita

Market Cap: US$13.5b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Metro

Market Cap: CA$19.2b

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

JD Health International

Market Cap: HK$105.9b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

ROHM

Market Cap: JP¥2.2t

Manufactures and sells electronic components worldwide.

Uni-President Enterprises

Market Cap: NT$429.6b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

HDFC Life Insurance

Market Cap: ₹1.3t

Engages in the provision of individual and group insurance solutions in India.

Rambus

Market Cap: US$13.5b

Manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally.

Kinsus Interconnect Technology

Market Cap: NT$427.9b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Beijing Huafeng Test & Control TechnologyLtd

Market Cap: CN¥91.2b

Beijing Huafeng Test & Control Technology Co.,Ltd.

Hippo Valley Estates

Market Cap: US$1.7b

Together with its subsidiary, Chiredzi Township (Private) Limited, engages in the growing and milling of sugar cane in Zimbabwe and internationally.

Britannia Industries

Market Cap: ₹1.3t

Manufactures and sells various food products in India and internationally.

Pro Medicus

Market Cap: AU$19.4b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

African Distillers

Market Cap: US$1.7b

Manufactures, distributes, and markets wines, spirits, ready-to-drink (RTDs), and ciders in Zimbabwe.

Gjensidige Forsikring

Market Cap: NOK 131.6b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Tryg

Market Cap: DKK 87.6b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Henan Shijia Photons Technology

Market Cap: CN¥90.4b

Henan Shijia Photons Technology Co., Ltd.

Anhui Conch Cement

Market Cap: CN¥90.1b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Insurance Australia Group

Market Cap: AU$19.2b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Realtek Semiconductor

Market Cap: NT$419.6b

Engages in the research, development, production, and sale of various integrated circuits and related application software in Taiwan, Asia, and internationally.

Assurant

Market Cap: US$13.1b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Punjab National Bank

Market Cap: ₹1.2t

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