Belgian Consumer Services Defensive Blue Chips

Unum Group

Market Cap: US$12.3b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Israel Discount Bank

Market Cap: ₪40.2b

Provides various banking and financial services in Israel, Europe, and North America.

Fisher & Paykel Healthcare

Market Cap: NZ$21.7b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 54.2b

Produces and supplies hydro, wind, and energy electricity in Romania.

Lumen Technologies

Market Cap: US$12.1b

A networking company, provides integrated products and services to business and mass customers in the United States and internationally.

Taiwan Cooperative Financial Holding

Market Cap: NT$374.0b

Provides commercial banking, insurance, securities, bills finance, venture capital, asset management, and investment trust services in Taiwan.

Osaka Gas

Market Cap: JP¥1.9t

Provides gas, electricity, and other energy products and services in Japan and internationally.

IDBI Bank

Market Cap: ₹1.1t

Provides banking and financial solutions to retail and corporate customers in India.

Chandra Daya Investasi

Market Cap: Rp200.5t

Operates as an infrastructure investment holding company.

BDO Unibank

Market Cap: ₱704.0b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Piotech

Market Cap: CN¥85.3b

Engages in the research and development, production, sales, and technical services of high-end semiconductor special equipment in China.

BJ's Wholesale Club Holdings

Market Cap: US$12.0b

Operates membership warehouse clubs on the eastern half of the United States.

BB Seguridade Participações

Market Cap: R$64.5b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Reinsurance Group of America

Market Cap: US$11.9b

Provides reinsurance and financial solutions.

Krung Thai Bank

Market Cap: ฿387.8b

Engages in commercial banking business in Thailand and internationally.

Cochlear

Market Cap: AU$18.4b

Provides implantable hearing solutions for children and adults worldwide.

CNA Financial

Market Cap: US$11.9b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States and internationally.

ACM Research (Shanghai)

Market Cap: CN¥84.8b

Engages in the research, development, production, and sale of semiconductor equipment in China.

True Corporation

Market Cap: ฿387.0b

Provides telecommunications and value-added services in Thailand.

Insurance Australia Group

Market Cap: AU$18.3b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Alibaba Health Information Technology

Market Cap: HK$92.3b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

Ooredoo Q.P.S.C

Market Cap: ر.ق43.2b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ43.6b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

Aegon

Market Cap: €10.3b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

Shanghai Rural Commercial Bank

Market Cap: CN¥84.4b

Provides a range of banking products and services to individual and corporate customers in China.

Hormel Foods

Market Cap: US$11.8b

Develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally.

RenaissanceRe Holdings

Market Cap: US$11.8b

Provides reinsurance and insurance products in the United States and internationally.

Raiffeisen Bank International

Market Cap: €10.2b

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

Encompass Health

Market Cap: US$11.7b

Provides post-acute healthcare services in the United States and Puerto Rico.

Indus Towers

Market Cap: ₹1.0t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

BKW

Market Cap: CHF 9.4b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Bank Albilad

Market Cap: ر.س43.6b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

United Spirits

Market Cap: ₹1.0t

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

Dino Polska

Market Cap: zł42.9b

Operates a network of medium-sized grocery supermarkets under the Dino brand in Poland.

mBank

Market Cap: zł42.9b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

James Hardie Industries

Market Cap: AU$17.6b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.