Ukrainian Materials Defensive Blue Chips

Straumann Holding

Market Cap: CHF 15.5b

Provides tooth replacement and orthodontic solutions in Switzerland, the United States, China, Germany, Brazil, Japan, France, and internationally.

China United Network Communications

Market Cap: CN¥130.4b

Provides telecommunication services in the People’s Republic of China.

Associated British Foods

Market Cap: UK£14.2b

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

E.SUN Financial Holding Company

Market Cap: NT$611.4b

Offers various financial banking products and services in Taiwan.

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.

Zimmer Biomet Holdings

Market Cap: US$18.9b

Operates as a medical technology company worldwide.

Saudi Energy

Market Cap: ر.س70.9b

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

Arca Continental. de

Market Cap: Mex$319.9b

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

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a life insurance company in India.

Eurobank

Market Cap: €16.0b

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

Krung Thai Bank

Market Cap: ฿611.5b

Engages in commercial banking business in Thailand and internationally.

Banco Comercial Português

Market Cap: €15.9b

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

East West Bancorp

Market Cap: US$18.5b

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.

Luzhou LaojiaoLtd

Market Cap: CN¥124.4b

Produces and sells alcoholic products in China and internationally.

Bank Polska Kasa Opieki

Market Cap: zł68.2b

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

S.P.E.E.H. Hidroelectrica

Market Cap: RON 82.7b

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

Saudi Awwal Bank

Market Cap: ر.س69.1b

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

Telefônica Brasil

Market Cap: R$95.2b

Operates as a mobile telecommunications company in Brazil.

Samsung Fire & Marine Insurance

Market Cap: ₩25.5t

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

SinoPac Financial Holdings

Market Cap: NT$582.4b

Through its subsidiaries, provides banking services worldwide.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫479.6t

Provides banking products and services in Vietnam.

Telia Company

Market Cap: SEK 171.8b

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

IHH Healthcare Berhad

Market Cap: RM 73.3b

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

Federal Home Loan Mortgage

Market Cap: US$18.1b

Operates in the secondary mortgage market in the United States.

Bank of Hangzhou

Market Cap: CN¥121.7b

Provides various banking products and services in China.

Sonova Holding

Market Cap: CHF 14.4b

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.

Vodacom Group

Market Cap: R289.3b

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

Koninklijke KPN

Market Cap: €15.4b

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

Skyverse Technology

Market Cap: CN¥120.4b

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

Wilmar International

Market Cap: S$22.7b

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

Kasikornbank

Market Cap: ฿585.4b

Provides commercial banking products and services in Thailand and internationally.

Lattice Semiconductor

Market Cap: US$17.6b

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

Woori Financial Group

Market Cap: ₩24.5t

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

IonQ

Market Cap: US$17.5b

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

Bankinter

Market Cap: €14.8b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

Hua Nan Financial Holdings

Market Cap: NT$548.2b

Provides financial services in Taiwan and internationally.