Belgian Consumer Services Defensive Blue Chips

Labcorp Holdings

Market Cap: US$21.7b

Provides laboratory services.

Mega Financial Holding

Market Cap: NT$684.6b

Provides various financial services in Taiwan.

Telefônica Brasil

Market Cap: R$110.5b

Operates as a mobile telecommunications company in Brazil.

Bunge Global

Market Cap: US$21.1b

Operates as an agribusiness and food company worldwide.

Straumann Holding

Market Cap: CHF 17.0b

Provides tooth replacement and orthodontic solutions in Switzerland, the United States, China, Germany, Brazil, Japan, France, and internationally.

US Foods Holding

Market Cap: US$21.0b

US Foods Holding Corp., together with its subsidiaries, markets, sells, and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Uniper

Market Cap: €18.4b

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

Brown & Brown

Market Cap: US$20.9b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally.

Bank Mandiri (Persero)

Market Cap: Rp372.0t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Legal & General Group

Market Cap: UK£15.7b

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ76.2b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Federal Home Loan Mortgage

Market Cap: US$20.7b

Operates in the secondary mortgage market in the United States.

Raiffeisen Bank International

Market Cap: €18.1b

Offers banking services to corporate, retail, and institutional customers.

Heineken Holding

Market Cap: €18.1b

Engages in brewing and selling beer and cider in the Netherlands, Europe, the Americas, Africa & Middle East, Asia Pacific and internationally.

China Minsheng Banking

Market Cap: CN¥139.8b

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

Amkor Technology

Market Cap: US$20.5b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.

Arca Continental. de

Market Cap: Mex$358.1b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Tyson Foods

Market Cap: US$20.4b

Operates as a food company worldwide.

STERIS

Market Cap: US$20.2b

Provides infection prevention products and services in the United States, Ireland, and internationally.

Terumo

Market Cap: JP¥3.3t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Saudi Energy

Market Cap: ر.س75.4b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Grupo Cibest

Market Cap: Col$68.9t

Provides various banking products and services in Colombia and internationally.

MPI

Market Cap: NT$636.9b

Manufactures, processes, repairs, imports/exports, and trades in semiconductor manufacturing and testing equipment in Taiwan, China, the United States, Singapore, Korea, and internationally.

Alinma Bank

Market Cap: ر.س75.0b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Fortum Oyj

Market Cap: €17.5b

Engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س74.8b

Provides private health and support services in the Kingdom of Saudi Arabia.

Telenor

Market Cap: NOK 196.8b

Operates as a telecommunication company worldwide.

China Tower

Market Cap: HK$155.9b

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

Suzhou Centec Communications

Market Cap: CN¥134.3b

Engages in the research and development of ethernet switch chips and supporting products in China and internationally.

Lattice Semiconductor

Market Cap: US$19.7b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Unipol Assicurazioni

Market Cap: €17.3b

Provides insurance products and services primarily in Italy.

Telia Company

Market Cap: SEK 190.3b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

CIMB Group Holdings Berhad

Market Cap: RM 80.1b

Provides various banking products and services in Malaysia and internationally.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$101.3b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫513.0t

Provides banking products and services in Vietnam.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥131.9b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.