Belgian Automobiles Defensive Blue Chips

ING Groep

Market Cap: €58.5b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

Nongfu Spring

Market Cap: HK$524.1b

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

CaixaBank

Market Cap: €58.3b

Provides various banking products and financial services in Spain and internationally.

Marvell Technology

Market Cap: US$65.8b

Provides data infrastructure semiconductor solutions, spanning the data center core to network edge.

KDDI

Market Cap: JP¥9.8t

Engages in the provision of telecommunications services in Japan and internationally.

CRH

Market Cap: US$65.4b

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

Life Insurance Corporation of India

Market Cap: ₹5.7t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Elevance Health

Market Cap: US$65.0b

Operates as a health benefits company in the United States.

Barito Renewables Energy

Market Cap: Rp1046.9t

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

Semiconductor Manufacturing International

Market Cap: HK$497.6b

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.

Siemens Healthineers

Market Cap: €55.2b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide.

Bank Central Asia

Market Cap: Rp1032.4t

Provides banking products and other financial services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally.

Lloyds Banking Group

Market Cap: UK£46.7b

Provides a range of banking and financial products and services in the United Kingdom and internationally.

Nu Holdings

Market Cap: US$60.9b

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

Monster Beverage

Market Cap: US$59.5b

Through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally.

Oversea-Chinese Banking

Market Cap: S$76.6b

Provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally.

ANZ Group Holdings

Market Cap: AU$91.5b

Provides various banking and financial products and services to retail, individuals and business customers in Australia and internationally.

China CITIC Bank

Market Cap: HK$463.2b

Provides various banking products and services in the People’s Republic of China and internationally.

Travelers Companies

Market Cap: US$58.5b

Through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally.

ITC

Market Cap: ₹5.1t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

Saudi National Bank

Market Cap: ر.س218.8b

Through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally.

Truist Financial

Market Cap: US$57.7b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

NXP Semiconductors

Market Cap: US$57.2b

Provides semiconductor products in China, the United States, Germany, Japan, Singapore, South Korea, Mexico, the Netherlands, Taiwan, and internationally.

Diageo

Market Cap: UK£43.1b

Engages in the production, marketing, and sale of alcoholic beverages.

NatWest Group

Market Cap: UK£42.9b

Provides banking and financial products and services in the United Kingdom and internationally.

Crédit Agricole

Market Cap: €49.6b

Provides retail, corporate, insurance, and investment banking products and services in France and internationally.

Assicurazioni Generali

Market Cap: €49.5b

Provides various insurance solutions under the Generali brand in the Americas, Italy, rest of Europe, Africa, the Middle East, Asia, and the Oceania.

Saudi Telecom

Market Cap: ر.س210.9b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

Cencora

Market Cap: US$56.2b

Cencora, Inc. sources and distributes pharmaceutical products in the United States and internationally.

América Móvil. de

Market Cap: Mex$1.0t

Provides telecommunications services in Latin America and internationally.

Aflac

Market Cap: US$54.5b

Through its subsidiaries, provides supplemental health and life insurance products.

Engie

Market Cap: €47.7b

Operates as an energy company, engages in the renewables and decentralized, low-carbon energy networks, and energy services businesses in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

Shanghai Pudong Development Bank

Market Cap: CN¥389.8b

Shanghai Pudong Development Bank Co., Ltd.

Swiss Re

Market Cap: CHF 43.5b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Manulife Financial

Market Cap: CA$73.8b

Provides financial products and services in the United States, Canada, Asia, and internationally.

Infineon Technologies

Market Cap: €46.6b

Engages in the design, development, manufacture, and marketing of semiconductors and semiconductor-based solutions worldwide.