Swedish Materials Defensive Blue Chips

Marico

Market Cap: ₹1.1t

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Aier Eye Hospital Group

Market Cap: CN¥77.0b

Operates as an ophthalmic medical company in China, Hong Kong, Europe, the United States, Europe, and Southeast Asia.

KT&G

Market Cap: ₩17.5t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

HKT Trust and HKT

Market Cap: HK$88.7b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Harel Insurance Investments & Financial Services

Market Cap: ₪33.7b

Offers insurance and financial services in Israel, Europe, and internationally.

Sanlam

Market Cap: R186.6b

Provides various financial services in South Africa, Pan-Africa, Asia, and internationally.

Ambuja Cements

Market Cap: ₹1.1t

Manufactures, markets, and sells cement and related products to individual home builders, developers, institutional clients, masons, contractors, architects, and construction professionals in India.

Caixa Seguridade Participações

Market Cap: R$58.2b

Provides insurance products in Brazil and internationally.

Bank of Chengdu

Market Cap: CN¥76.0b

Provides various banking products and services in China.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

Indus Towers

Market Cap: ₹1.1t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

China Zheshang Bank

Market Cap: HK$87.2b

Provides corporate and retail banking services in Mainland China.

Alchip Technologies

Market Cap: NT$353.0b

Engages in the research, design, development, and manufacturing of application specific integrated circuits and system on a chip in the United States, China, Japan, Taiwan, and internationally.

Powerchip Semiconductor Manufacturing

Market Cap: NT$353.1b

Powerchip Semiconductor Manufacturing Corporation, together with its subsidiaries, engages in the research and development, manufacturing, testing, packaging, and sale of integrated circuit products in Taiwan, the United States, China, and internationally.

FormFactor

Market Cap: US$11.0b

Designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally.

BJ's Wholesale Club Holdings

Market Cap: US$11.0b

Operates membership warehouse clubs on the eastern half of the United States.

ASMPT

Market Cap: HK$85.9b

An investment holding company, engages in the design, manufacture, and marketing of machines, tools, and materials used in the semiconductor and electronics assembly industries internationally.

Globus Medical

Market Cap: US$10.9b

Develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

Zhejiang Jingsheng Mechanical & Electrical

Market Cap: CN¥73.8b

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.

Maplebear

Market Cap: US$10.8b

Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally.

BDO Unibank

Market Cap: ₱664.2b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Hong Leong Bank Berhad

Market Cap: RM 44.6b

Operates as a financial services company in Malaysia and internationally.

Suzhou Everbright Photonics

Market Cap: CN¥73.6b

Engages in the research, development, packaging, and sale of optoelectronic devices and systems in China and internationally.

Silicon Motion Technology

Market Cap: US$10.8b

Designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in China, Japan, Singapore, Taiwan, Korea, the United States, and internationally.

Budweiser Brewing Company APAC

Market Cap: HK$84.3b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally.

WinWay Technology

Market Cap: NT$342.4b

Designs, processes, and sells optoelectronic product test fixtures, integrated circuit test interfaces, and fixtures and their components in Taiwan, the Americas, China, Asia, Europe, and Canada.

Skyworks Solutions

Market Cap: US$10.7b

Develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.

Olympus

Market Cap: JP¥1.7t

Engages in the manufacture and sale of medical equipment in Japan, America, the Middle East, Asia, and Oceania.

Novatek Microelectronics

Market Cap: NT$341.4b

A fabless chip design company, designs, develops and sells a range of display driver integrated circuits (IC) and system-on-a-chip (SoC) solutions in Taiwan, Asia, and internationally.

Popular

Market Cap: US$10.7b

Through its subsidiaries, provides various retail, mortgage, and commercial banking services for individuals and businesses in Puerto Rico, the United States, the British Virgin Islands, the Caribbean, and Latin America.

Wintrust Financial

Market Cap: US$10.6b

A financial holding company, provides community-oriented, personal, and commercial banking services in the United States.

UMB Financial

Market Cap: US$10.6b

Operates as a bank holding company that provides banking services and asset servicing in the United States and internationally.

Quebecor

Market Cap: CA$15.1b

Engages in the telecommunications, media, and sports and entertainment businesses in Canada.

Manila Electric

Market Cap: ₱647.0b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.

Yangzhou Yangjie Electronic Technology

Market Cap: CN¥71.8b

Yangzhou Yangjie Electronic Technology Co., Ltd.

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥71.7b

Engages in the generation and sale of electricity in China.