Argentinian Consumer Services Defensive Blue Chips

Microchip Technology

Market Cap: US$26.5b

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

Grupo Financiero Banorte. de

Market Cap: Mex$489.7b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

China Tower

Market Cap: HK$205.6b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Capitec Bank Holdings

Market Cap: R458.4b

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

First Solar

Market Cap: US$26.4b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

Svenska Handelsbanken

Market Cap: SEK 251.8b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Japan Post Holdings

Market Cap: JP¥4.1t

Provides postal, banking, and insurance services in Japan.

OTP Bank Nyrt

Market Cap: Ft8.8t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

Amrize

Market Cap: CHF 21.2b

Focuses on building materials business in North America.

George Weston

Market Cap: CA$36.4b

Provides food and drug retailing, and financial services in Canada.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥183.4b

Inner Mongolia Yili Industrial Group Co., Ltd.

Ørsted

Market Cap: DKK 167.1b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.

Markel Group

Market Cap: US$25.7b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

Koninklijke Philips

Market Cap: €22.3b

Operates as a health technology company in North America, the Greater China, and internationally.

JD Health International

Market Cap: HK$199.0b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

Cincinnati Financial

Market Cap: US$25.5b

Provides property casualty insurance products in the United States.

ABN AMRO Bank

Market Cap: €22.1b

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

CGN Power

Market Cap: HK$197.8b

Operates and manages nuclear power stations, sells electricity generated by these stations, and provides related technical services in the People’s Republic of China.

Aviva

Market Cap: UK£19.4b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, and internationally.

New China Life Insurance

Market Cap: CN¥180.1b

Provides life insurance products and services to individuals and institutions in China.

STERIS

Market Cap: US$25.2b

Provides infection prevention products and services worldwide.

EnBW Energie Baden-Württemberg

Market Cap: €21.9b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

Shinhan Financial Group

Market Cap: ₩37.1t

Provides financial products and services in South Korea and internationally.

China National Nuclear Power

Market Cap: CN¥178.1b

Engages in the investment, development, construction, operation, and management of nuclear power projects in the People's Republic of China.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł92.2b

Provides various banking products and services in Poland and internationally.

American Water Works Company

Market Cap: US$25.0b

Through its subsidiaries, provides water and wastewater services in the United States.

China Minsheng Banking

Market Cap: CN¥177.7b

Provides banking products and services in the People's Republic of China.

VERBUND

Market Cap: €21.7b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Standard Bank Group

Market Cap: R432.8b

Provides financial products and services in South Africa and internationally.

Huaneng Lancang River Hydropower

Market Cap: CN¥176.4b

Engages in the development, construction, operation, and management of hydropower projects.

Teradyne

Market Cap: US$24.4b

Designs, develops, manufactures, and sells automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.

Huntington Bancshares

Market Cap: US$24.1b

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

Astera Labs

Market Cap: US$24.0b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

Veolia Environnement

Market Cap: €20.8b

Designs and provides water, waste, and energy management solutions.

Telefónica

Market Cap: €20.7b

Provides telecommunications services in Europe and Latin America.

China United Network Communications

Market Cap: CN¥168.2b

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