Austrian Automobiles Defensive Blue Chips

Sumitomo Mitsui Financial Group

Market Cap: JP¥15.5t

Provides banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania.

Enel

Market Cap: €86.2b

Operates as an integrated operator in electricity and gas industries worldwide.

Semiconductor Manufacturing International

Market Cap: HK$772.5b

An investment holding company, engages in the manufacture, testing, and sale of integrated circuits wafer and various compound semiconductors in the United States, China, and Eurasia.

Postal Savings Bank of China

Market Cap: HK$767.7b

Provides various banking products and services for retail and corporate customers in the People’s Republic of China.

Econet Wireless Zimbabwe

Market Cap: US$12.7b

Through its subsidiaries, primarily provides mobile telecommunications and related overlay services in Zimbabwe.

McKesson

Market Cap: US$98.6b

Provides healthcare services in the United States and internationally.

China Yangtze Power

Market Cap: CN¥689.8b

Engages in hydropower generation business in China, Portugal, Peru, Brazil, and Pakistan.

AIA Group

Market Cap: HK$745.0b

Provides life insurance based financial services in Hong Kong.

AXA

Market Cap: €82.2b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

State Bank of India

Market Cap: ₹8.3t

Provides banking products and services in India and internationally.

Marsh & McLennan Companies

Market Cap: US$92.1b

A professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide.

Tokyo Electron

Market Cap: JP¥13.9t

Develops, manufactures, and sells semiconductor production equipment in Japan, South Korea, Taiwan, China, North America, Europe, and internationally.

Bank of Montreal

Market Cap: CA$126.2b

Engages in the provision of diversified financial services primarily in North America.

Cambricon Technologies

Market Cap: CN¥638.0b

Research, develops, design, and sells core chips in cloud server, edge computing, and terminal equipment in China.

BNP Paribas

Market Cap: €76.5b

Provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Westpac Banking

Market Cap: AU$132.8b

Provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe.

NTT

Market Cap: JP¥13.2t

Operates as a telecommunications company in Japan and internationally.

National Australia Bank

Market Cap: AU$132.1b

Provides financial services to individuals and businesses in Australia, New Zealand, Europe, Asia, the United States, and internationally.

Bank of Communications

Market Cap: HK$663.2b

Provides commercial banking products and services in China and internationally.

China Telecom

Market Cap: HK$660.3b

Provides mobile communications, wireline and satellite communications, internet access, cloud computing and computing power, AI, big data, quantum, ICT integration in the People’s Republic of China.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €70.8b

Engages in the insurance and reinsurance businesses worldwide.

Cigna Group

Market Cap: US$81.4b

Provides insurance and related products and services in the United States.

Advantest

Market Cap: JP¥12.4t

Manufactures and sells semiconductors, component test systems, and mechatronics-related products in Japan, rest of Asia, the Americas, and Europe.

Hygon Information Technology

Market Cap: CN¥577.7b

Engages in the research and development of computing chip products and systems in China.

Bank of Nova Scotia

Market Cap: CA$112.0b

Provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally.

Mizuho Financial Group

Market Cap: JP¥12.1t

Engages in banking, trust banking, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally.

CRH

Market Cap: US$79.0b

Provides building materials solutions in Ireland, the United States, the United Kingdom, rest of Europe, and internationally.

Nongfu Spring

Market Cap: HK$606.7b

Produces and sells packaged drinking water and beverage products primarily in Mainland China.

Elevance Health

Market Cap: US$77.0b

Operates as a health benefits company in the United States.

Nu Holdings

Market Cap: US$76.8b

Provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States.

National Grid

Market Cap: UK£57.1b

Engages in the transmission and distribution of electricity and gas.

Canadian Imperial Bank of Commerce

Market Cap: CA$106.0b

A diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally.

U.S. Bancorp

Market Cap: US$74.4b

A financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States.

Tokio Marine Holdings

Market Cap: JP¥11.3t

Engages in the non-life and life insurance, and financial and general businesses in Japan and internationally.

Barito Renewables Energy

Market Cap: Rp1227.4t

Engages in the generation and sale of power through geothermal and wind resources in Indonesia.

Aon

Market Cap: US$73.6b

A professional services firm, provides a range of risk and human capital solutions worldwide.