Belgian Consumer Retailing Defensive Blue Chips

Aflac

Market Cap: US$61.6b

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

Sempra

Market Cap: US$60.7b

Engages in the regulated utilities business in the United States and Mexico.

Nongfu Spring

Market Cap: HK$472.6b

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

Saudi National Bank

Market Cap: ر.س226.0b

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

Astera Labs

Market Cap: US$60.1b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States.

STMicroelectronics

Market Cap: €52.3b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

MetLife

Market Cap: US$59.3b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

Great-West Lifeco

Market Cap: CA$82.9b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Alimentation Couche-Tard

Market Cap: CA$81.7b

Operates and licenses convenience stores in North America, Europe, and Asia.

Cencora

Market Cap: US$57.7b

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

Life Insurance Corporation of India

Market Cap: ₹5.5t

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

Saudi Telecom

Market Cap: ر.س215.6b

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

China CITIC Bank

Market Cap: CN¥388.0b

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

E.ON

Market Cap: €49.4b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

United Overseas Bank

Market Cap: S$71.8b

Provides banking products and services worldwide.

Singapore Telecommunications

Market Cap: S$71.7b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally.

Industrial Bank

Market Cap: CN¥373.7b

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

KBC Group

Market Cap: €47.9b

Provides banking, insurance, and asset management services in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

Fubon Financial Holding

Market Cap: NT$1.8t

Provides various financial products and services in Taiwan, Asia, and internationally.

Vistra

Market Cap: US$54.0b

Operates as an integrated retail electricity and power generation company in the United States.

Teradyne

Market Cap: US$53.6b

Engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.

GigaDevice Semiconductor

Market Cap: CN¥361.2b

Engages in the research, development, technical support, and sale of memory, microcontrollers, sensors, and analog chips.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ194.9b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.

Loblaw Companies

Market Cap: CA$74.1b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.

Danone

Market Cap: €46.0b

Operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States.

Cardinal Health

Market Cap: US$52.7b

Operates as a healthcare services and products company in the United States and internationally.

MetaX Integrated Circuits (Shanghai)

Market Cap: CN¥356.1b

MetaX Integrated Circuits (Shanghai) Co., Ltd.

Fifth Third Bancorp

Market Cap: US$52.5b

Operates as the bank holding company for Fifth Third Bank, National Association that provides a range of financial products and services in the United States.

Entergy

Market Cap: US$52.3b

Engages in the production and retail distribution of electricity in the United States.

Holcim

Market Cap: CHF 42.0b

Provides building materials and solutions in Europe, Latin America, and Asia, Middle East, and Africa.

Emirates NBD Bank PJSC

Market Cap: د.إ190.1b

Engages in the provision of corporate, institutional, retail, treasury, and Islamic banking services.

ASM International

Market Cap: €45.1b

Engages in the research, development, manufacturing, marketing, and servicing of equipment and materials used to produce semiconductor devices in the United States, Europe, and Asia.

HOYA

Market Cap: JP¥8.4t

A med-tech company, provides high-tech and medical products in the Japan, Asia, the Americas, Europe, and internationally.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥346.2b

Advanced Micro-Fabrication Equipment Inc.

Erste Group Bank

Market Cap: €44.6b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.

Edwards Lifesciences

Market Cap: US$50.3b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.