South African Telecom Defensive Blue Chips

Archer-Daniels-Midland

Market Cap: US$37.0b

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

Intact Financial

Market Cap: CA$52.5b

Through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally.

Hershey

Market Cap: US$36.9b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

Sompo Holdings

Market Cap: JP¥5.9t

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

Ajinomoto

Market Cap: JP¥5.9t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

UltraTech Cement

Market Cap: ₹3.4t

Engages in the manufacture and sale of clinker, cement, ready mix concrete, and related products in India, the United Arab Emirates, Bahrain, and Sri Lanka.

Huntington Bancshares

Market Cap: US$36.2b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services.

Koninklijke Ahold Delhaize

Market Cap: €31.6b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Martin Marietta Materials

Market Cap: US$36.0b

A natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.

ABN AMRO Bank

Market Cap: €31.2b

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.

Kroger

Market Cap: US$35.7b

Operates as a food and drug retailer in the United States.

Arch Capital Group

Market Cap: US$35.6b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

ON Semiconductor

Market Cap: US$35.5b

Provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally.

Heidelberg Materials

Market Cap: €31.0b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Federal National Mortgage Association

Market Cap: US$35.1b

Provides financing solutions for residential mortgages in the United States.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł131.6b

Provides various banking products and services in Poland and internationally.

M&T Bank

Market Cap: US$35.0b

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.

Piotech

Market Cap: CN¥234.1b

Engages in the research and development, production, sales, and technical services of semiconductor equipment in China.

Chunghwa Telecom

Market Cap: NT$1.1t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

Prudential

Market Cap: UK£25.6b

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

Capitec Bank Holdings

Market Cap: R553.0b

Through its subsidiaries, provides various banking products and services in South Africa.

Talanx

Market Cap: €29.6b

Provides insurance and reinsurance products and services worldwide.

Hannover Rück

Market Cap: €29.6b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Advanced Info Service

Market Cap: ฿1.1t

Operates as a telecommunications company primarily in Thailand.

Centene

Market Cap: US$33.5b

Operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States.

Alcon

Market Cap: CHF 26.8b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

Bank Leumi le-Israel B.M

Market Cap: ₪100.0b

Provides banking and financial services for households, small and medium enterprises, and corporations in Israel, the United Kingdom, and internationally.

Shinhan Financial Group

Market Cap: ₩50.9t

Provides financial products and services in South Korea, Vietnam, and Japan.

BPER Banca

Market Cap: €29.1b

Engages in the provision of banking products and services for individuals, and businesses and professionals in Italy and internationally.

AST SpaceMobile

Market Cap: US$33.0b

Designs and develops the constellation of BlueBird satellites in the United States.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ119.2b

Provides banking products and services in the United Arab Emirates and internationally.

Standard Bank Group

Market Cap: R523.2b

Provides financial products and services in South Africa and internationally.

Xi'an ESWIN Material Technology

Market Cap: CN¥218.0b

Xi'an ESWIN Material Technology Co., Ltd.

Malayan Banking Berhad

Market Cap: RM 130.6b

Provides commercial banking and related financial products and services.

Ørsted

Market Cap: DKK 209.5b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, and energy storage and combined heat and power (CHP) plants.

CEZ a. s

Market Cap: Kč670.5b

Engages in the generation, distribution, trade, and sale of electricity, heat, thermal energy and other commodities in Central Europe.