Canadian Utilities Defensive Blue Chips

BNP Paribas

Market Cap: €94.4b

Provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

State Bank of India

Market Cap: ₹10.0t

Provides banking products and services in India and internationally.

Al Rajhi Banking and Investment

Market Cap: ر.س404.0b

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

Intesa Sanpaolo

Market Cap: €90.7b

Provides various financial products and services in Italy, Central/Eastern Europe, the Middle East, and North Africa.

Boston Scientific

Market Cap: US$103.3b

Develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide.

Zurich Insurance Group

Market Cap: CHF 79.8b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

National Australia Bank

Market Cap: AU$142.0b

Provides financial services to individuals and businesses in Australia, New Zealand, Europe, Asia, the United States, and internationally.

Bank of Montreal

Market Cap: CA$136.0b

Engages in the provision of diversified financial services primarily in North America.

Westpac Banking

Market Cap: AU$138.4b

Provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe.

ICICI Bank

Market Cap: ₹9.1t

Engages in the provision of various banking and financial services to retail and corporate customers in India and internationally.

CVS Health

Market Cap: US$96.3b

Provides health solutions in the United States.

NFiniTi

Market Cap: US$95.5b

Operates as an alcoholic beverage company that specializes in producing ready-to-drink cocktails across the Western Hemisphere.

Mizuho Financial Group

Market Cap: JP¥15.1t

Engages in banking, trust banking, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally.

Canadian Imperial Bank of Commerce

Market Cap: CA$123.9b

A diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally.

National Grid

Market Cap: UK£68.0b

Engages in the transmission and distribution of electricity and gas.

MediaTek

Market Cap: NT$2.8t

Engages in the research, development, production, manufacture, and marketing of multimedia integrated circuits (ICs) in Taiwan, rest of Asia, and internationally.

AXA

Market Cap: €76.4b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

Bank of Nova Scotia

Market Cap: CA$119.5b

Provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally.

Postal Savings Bank of China

Market Cap: HK$677.1b

Provides various banking products and services for retail and corporate customers in the People’s Republic of China.

Marsh & McLennan Companies

Market Cap: US$84.2b

A professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide.

Bank of Communications

Market Cap: HK$652.5b

Provides commercial banking products and services in China and internationally.

PNC Financial Services Group

Market Cap: US$82.9b

Operates as a diversified financial services company in the United States.

Hygon Information Technology

Market Cap: CN¥561.5b

Engages in the research and development of computing chip products and systems in China.

U.S. Bancorp

Market Cap: US$81.1b

A financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States.

CaixaBank

Market Cap: €69.2b

Provides various banking products and services for individuals and businesses in Spain, Portugal, and internationally.

ANZ Group Holdings

Market Cap: AU$111.4b

Engages in the provision of banking and financial products and services to retail and business customers in Australia and internationally.

Semiconductor Manufacturing International

Market Cap: HK$620.3b

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.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €67.9b

Engages in the insurance and reinsurance businesses worldwide.

China Telecom

Market Cap: HK$600.3b

Provides mobile communications, wireline and satellite communications, internet access, cloud computing and computing power, AI, big data, quantum, ICT integration in the People’s Republic of China.

Marvell Technology

Market Cap: US$76.6b

Provides data infrastructure semiconductor solutions and spanning the data center core to network edge in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, Vietnam, and internationally.

Engie

Market Cap: €66.5b

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.

ING Groep

Market Cap: €66.0b

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

Monster Beverage

Market Cap: US$75.8b

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

Lloyds Banking Group

Market Cap: UK£56.1b

Provides a range of banking and financial products and services for retail and commercial customers in the United Kingdom.

Oversea-Chinese Banking

Market Cap: S$93.2b

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

Kioxia Holdings

Market Cap: JP¥11.6t

Engages in the development, production and sale of flash memory and solid state drives (SSDs) in Japan and internationally.