Bahraini Retail Defensive Blue Chips

Microchip Technology

Market Cap: US$33.5b

Engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.

China Unicom (Hong Kong)

Market Cap: HK$261.3b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

Constellation Brands

Market Cap: US$33.4b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.

Skandinaviska Enskilda Banken

Market Cap: SEK 325.7b

Provides corporate, retail, investment, and private banking services.

Chunghwa Telecom

Market Cap: NT$1.0t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 28.0b

Engages in the manufacture and sale of chocolate products worldwide.

Telstra Group

Market Cap: AU$51.1b

Engages in the provision of telecommunications and information services to businesses, government, and individuals in Australia and internationally.

Hershey

Market Cap: US$33.1b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

Swisscom

Market Cap: CHF 27.6b

Provides telecommunication services primarily in Switzerland, Italy, and internationally.

DexCom

Market Cap: US$33.0b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally.

Martin Marietta Materials

Market Cap: US$32.8b

A natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.

Foshan Haitian Flavouring and Food

Market Cap: CN¥235.8b

Foshan Haitian Flavouring and Food Company Ltd.

Fomento Económico Mexicano. de

Market Cap: Mex$633.2b

Through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.

Kraft Heinz

Market Cap: US$32.7b

Manufactures and markets food and beverage products in North America and internationally.

Tesco

Market Cap: UK£24.6b

Operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.

NAURA Technology Group

Market Cap: CN¥233.4b

Engages in the research and development, production, sale, and technical services of semiconductors in the People's Republic of China.

Power Grid Corporation of India

Market Cap: ₹2.8t

An electric power transmission utility, engages in the transmission of power in India and internationally.

Invest bank P.S.C

Market Cap: د.إ118.4b

A commercial bank, provides a range of financial products and services to corporate and retail customers in the United Arab Emirates and Lebanon.

China Everbright Bank

Market Cap: CN¥227.4b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Imperial Brands

Market Cap: UK£23.5b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Brown & Brown

Market Cap: US$31.2b

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

Erste Group Bank

Market Cap: €27.7b

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

Avenue Supermarts

Market Cap: ₹2.6t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

Ping An Bank

Market Cap: CN¥221.8b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Danske Bank

Market Cap: DKK 205.5b

Provides various banking products and services to corporate, institutional, and international clients.

NRG Energy

Market Cap: US$30.6b

Operates as an energy and home services company in the United States and Canada.

Sompo Holdings

Market Cap: JP¥4.5t

Provides property and casualty (P&C) insurance services in Japan and internationally.

Willis Towers Watson

Market Cap: US$30.2b

Operates as an advisory, broking, and solutions company worldwide.

Muyuan Foods

Market Cap: CN¥217.1b

Operates in the hog industry in China.

Banco do Brasil

Market Cap: R$169.3b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

Prudential

Market Cap: UK£22.7b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

M&T Bank

Market Cap: US$29.9b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

Endesa

Market Cap: €26.6b

Engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, the United Kingdom, Switzerland, Luxembourg, the Netherlands, Singapore, Italy, Morocco, and internationally.

Talanx

Market Cap: €26.3b

Provides insurance and reinsurance products and services worldwide.

General Mills

Market Cap: US$29.4b

Manufactures and markets branded consumer foods worldwide.

Centene

Market Cap: US$29.3b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.