Turkish Utilities Defensive Blue Chips

Keurig Dr Pepper

Market Cap: US$42.1b

Owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally.

American International Group

Market Cap: US$41.8b

Provides insurance products for commercial, institutional, and individual customers in North America and internationally.

Disco

Market Cap: JP¥6.6t

Manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally.

Kotak Mahindra Bank

Market Cap: ₹3.9t

Provides a range of banking and financial services to corporate and individual customers in India.

Axis Bank

Market Cap: ₹3.9t

Provides various financial products and services in India and internationally.

Microchip Technology

Market Cap: US$40.8b

Develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.

Credo Technology Group Holding

Market Cap: US$40.7b

Provides various high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and other international markets.

Tesco

Market Cap: UK£30.3b

Operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.

Sysco

Market Cap: US$40.6b

Through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally.

Japan Post Holdings

Market Cap: JP¥6.4t

Provides postal, banking, and insurance services in Japan.

Banca Monte dei Paschi di Siena

Market Cap: €35.2b

Provides various banking products and services in Italy and internationally.

ACWA Power

Market Cap: ر.س151.6b

Engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia, the Middle East, Asia, and Africa.

Consolidated Edison

Market Cap: US$39.8b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

Swisscom

Market Cap: CHF 32.2b

Provides telecommunication services in Switzerland, Italy, and internationally.

Moore Threads Technology

Market Cap: CN¥268.1b

Engages in the development of GPU chips and related products.

OTP Bank Nyrt

Market Cap: Ft12.5t

Provides various commercial banking services.

MetaX Integrated Circuits (Shanghai)

Market Cap: CN¥266.1b

MetaX Integrated Circuits (Shanghai) Co., Ltd.

Telstra Group

Market Cap: AU$55.6b

Provides telecommunications and information services in Australia and internationally.

Sompo Holdings

Market Cap: JP¥6.1t

Provides property and casualty (P&C) insurance products and services in Japan and internationally.

Fomento Económico Mexicano. de

Market Cap: Mex$671.1b

Through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.

Hartford Insurance Group

Market Cap: US$38.7b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

Rocket Companies

Market Cap: US$38.7b

A fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada.

PG&E

Market Cap: US$38.4b

Through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States.

SSE

Market Cap: UK£28.4b

Engages in the generation, transmission, distribution, and supply of electricity.

Nanya Technology

Market Cap: NT$1.2t

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

ITC

Market Cap: ₹3.6t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

Archer-Daniels-Midland

Market Cap: US$37.6b

Provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł140.6b

Provides various banking products and services in Poland and internationally.

Dubai Electricity and Water Authority (PJSC)

Market Cap: د.إ137.5b

Generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai.

UltraTech Cement

Market Cap: ₹3.5t

Engages in the manufacturing, marketing, and distribution of building materials in India and internationally.

Prudential

Market Cap: UK£27.6b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

ABN AMRO Bank

Market Cap: €32.2b

Provides various banking products and financial services to retail, private, and corporate banking clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Vulcan Materials

Market Cap: US$36.7b

Produces and supplies construction aggregates in the United States.

Vodafone Group

Market Cap: UK£27.0b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

M&T Bank

Market Cap: US$36.2b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

Samsung Life Insurance

Market Cap: ₩51.6t

Engages in the life insurance business to corporate and individual customers in South Korea and internationally.