Swiss Materials Defensive Blue Chips

Fresenius SE KGaA

Market Cap: €20.2b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

Dollar General

Market Cap: US$23.4b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Lasertec

Market Cap: JP¥3.7t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

Aeon

Market Cap: JP¥3.7t

Operates in the retail industry in Japan, China, ASEAN countries, and internationally.

VERBUND

Market Cap: €20.1b

Generates, trades, and sells electricity in Austria, Germany, France, Romania, Spain, and Luxembourg.

Banco BPM

Market Cap: €20.0b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Public Bank Berhad

Market Cap: RM 92.0b

Provides banking products and services.

KeyCorp

Market Cap: US$23.0b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Terna

Market Cap: €19.7b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

Coca-Cola FEMSA. de

Market Cap: US$22.8b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademarked beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

First Citizens BancShares

Market Cap: US$22.8b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

China Tower

Market Cap: HK$175.7b

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

Banco do Brasil

Market Cap: R$113.5b

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

TS Financial Holding

Market Cap: NT$703.7b

Provides various financial products and services.

Markel Group

Market Cap: US$22.4b

Engages in the insurance business in the United States, the United Kingdom, Bermuda, Germany, rest of the European Union, Canada, and the Asia Pacific.

Principal Financial Group

Market Cap: US$22.3b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥150.7b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

China Jushi

Market Cap: CN¥150.4b

Manufactures and sells fiberglass and related products in China and internationally.

China Minsheng Banking

Market Cap: CN¥150.2b

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

Telenor

Market Cap: NOK 206.2b

Operates as a telecommunication company worldwide.

Cellnex Telecom

Market Cap: €19.1b

Engages in the management of terrestrial telecommunications infrastructures in France, Italy, the United Kingdom, Spain, Poland, the Netherlands, Portugal, Switzerland, Denmark, Sweden, Ireland, and Austria.

Banco de Crédito del Perú

Market Cap: S/75.2b

Provides banking products and services to individuals, small and medium-sized enterprises (SME), and companies in Peru, Panama, and the United States.

Uniper

Market Cap: €19.0b

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

Fortum Oyj

Market Cap: €19.0b

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

BIWIN Storage Technology

Market Cap: CN¥147.8b

Engages in the research and development, design, packaging, testing, production, and sales of semiconductor memory.

Entegris

Market Cap: US$21.8b

Provides advanced materials and process solutions for the semiconductor and other high-technology industries in North America, Taiwan, South Korea, Japan, China, Europe, and Southeast Asia.

NN Group

Market Cap: €18.7b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

Arca Continental. de

Market Cap: Mex$376.8b

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

ASPEED Technology

Market Cap: NT$679.7b

Operates as a fabless integrated circuit (IC) design company in Taiwan, China, the United States, and internationally.

Loews

Market Cap: US$21.6b

Through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally.

Quest Diagnostics

Market Cap: US$21.4b

Provides diagnostic testing and services in the United States.

Yihai Kerry Arawana Holdings

Market Cap: CN¥144.2b

Engages in the agriculture and food processing businesses in China.

Riyad Bank

Market Cap: ر.س79.9b

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

Telefônica Brasil

Market Cap: R$107.9b

Operates as a mobile telecommunications company in Brazil.

JCET Group

Market Cap: CN¥143.4b

Provides integrated-circuit back-end and technology services in China, South Korea, the United States, and internationally.

Bank Mandiri (Persero)

Market Cap: Rp377.6t

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