Ukrainian Retail Defensive Blue Chips

Redeia Corporación

Market Cap: €9.1b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥75.2b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

InnoScience (Suzhou) Technology Holding

Market Cap: HK$81.8b

InnoScience (Suzhou) Technology Holding Co., Ltd.

Taiwan Mobile

Market Cap: NT$320.6b

Provides wireless communication services in Taiwan, the Republic of China, and internationally.

Krung Thai Bank

Market Cap: ฿341.0b

Engages in commercial banking business in Thailand and internationally.

Chubu Electric Power Company

Market Cap: JP¥1.5t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Bank Albilad

Market Cap: ر.س39.4b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Bharti Hexacom

Market Cap: ₹919.9b

Provides mobile services, fixed-line telephone, and broadband services to end consumers under the Airtel brand in India.

Mowi

Market Cap: NOK 105.5b

A seafood company, produces and sells Atlantic salmon products worldwide.

Vietnam Technological and Commercial Bank

Market Cap: ₫275.2t

Provides personal and corporate banking products and services in Vietnam and internationally.

Centrica

Market Cap: UK£7.7b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫274.4t

Provides various banking products and services to individuals, businesses, and organizations in Vietnam and internationally.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥74.5b

Engages in the clean energy business in China.

Penumbra

Market Cap: US$10.4b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Webster Financial

Market Cap: US$10.4b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Japan Post Insurance

Market Cap: JP¥1.5t

Provides life insurance products and services in Japan.

Sanan OptoelectronicsLtd

Market Cap: CN¥74.0b

Engages in the research, development, production, and sale of LED epitaxial wafers and chips, compound semiconductors, semiconductor and communication chips, and sapphire substrates in China and internationally.

Türkiye Is Bankasi

Market Cap: ₺424.0b

Provides various banking products and services in Turkey.

SouthState

Market Cap: US$10.3b

Operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States.

Indus Towers

Market Cap: ₹903.4b

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

Align Technology

Market Cap: US$10.3b

Designs, manufactures, and markets Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

M3

Market Cap: JP¥1.5t

Provides medical-related services primarily to physicians and other healthcare professionals through the Internet.

TIM

Market Cap: R$55.5b

A telecommunications company, provides mobile, fixed, long-distance, data transmission, and broadband services in Brazil.

Saputo

Market Cap: CA$14.1b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, Argentina, and the United Kingdom.

BAWAG Group

Market Cap: €8.8b

Operates as a holding company for BAWAG P.S.K.

SinoPac Financial Holdings

Market Cap: NT$311.1b

Through its subsidiaries, provides banking, securities, investment, leasing, and venture capital services worldwide.

Bangkok Dusit Medical Services

Market Cap: ฿330.6b

Operates hospitals in Thailand and internationally.

ICICI Prudential Life Insurance

Market Cap: ₹891.6b

Provides life insurance, annuity, pension, and health insurance products to individuals and groups in India.

Carrefour

Market Cap: €8.7b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

Smithfield Foods

Market Cap: US$10.1b

Produces packaged meats and fresh pork in the United States and internationally.

Bank Negara Indonesia (Persero)

Market Cap: Rp165.8t

Provides various banking products and services in Indonesia, rest of Asia, New York, and Europe.

Celcomdigi Berhad

Market Cap: RM 42.8b

An investment holding company, provides mobile communication services and related products in Malaysia.

Banque Cantonale Vaudoise

Market Cap: CHF 8.1b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Indian Bank

Market Cap: ₹883.5b

Provides various banking products and services.

Vietnam Prosperity Commercial Bank

Market Cap: ₫264.2t

Provides various banking products and services to organizations and individuals in Vietnam.

Piraeus Financial Holdings

Market Cap: €8.6b

Provides banking products and services in Greece and internationally.