Swiss Materials Defensive Blue Chips

Israel Discount Bank

Market Cap: ₪36.5b

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

Penumbra

Market Cap: US$12.6b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Insurance Australia Group

Market Cap: AU$17.6b

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

BrightSpring Health Services

Market Cap: US$12.5b

Operates as a home and community-based healthcare services platform in the United States.

DaVita

Market Cap: US$12.5b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

King Yuan Electronics

Market Cap: NT$393.7b

Designs, manufactures, sells, tests, and assembles integrated circuits.

Olympus

Market Cap: JP¥2.0t

Engages in the manufacture and sale of medical equipment in Japan, America, the Middle East, Asia, and Oceania.

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥84.3b

Henan Shuanghui Investment & Development Co.,Ltd.

McCormick

Market Cap: US$12.4b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Piraeus Bank

Market Cap: €10.7b

Provides various banking products and services in Greece, Europe, and internationally.

Saputo

Market Cap: CA$17.2b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, Argentina, and the United Kingdom.

Apollo Hospitals Enterprise

Market Cap: ₹1.2t

Provides healthcare services in India.

T&D Holdings

Market Cap: JP¥2.0t

Through its subsidiaries, provides insurance products and services in Japan.

Zhejiang Zheneng Electric Power

Market Cap: CN¥83.7b

Zhejiang Zheneng Electric Power Co., Ltd.

Kokusai Electric

Market Cap: JP¥2.0t

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

Banque Saudi Fransi

Market Cap: ر.س46.2b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Assurant

Market Cap: US$12.3b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Shanghai Rural Commercial Bank

Market Cap: CN¥82.8b

Engages in commercial banking business in China.

Fidelity National Financial

Market Cap: US$12.2b

Provides various insurance products in the United States.

Skyworks Solutions

Market Cap: US$12.1b

Develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.

Nexchip Semiconductor

Market Cap: CN¥82.2b

Engages in the research, development, production, and sale of integrated circuit-related products in China and internationally.

Almarai

Market Cap: ر.س45.3b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Ooredoo Q.P.S.C

Market Cap: ر.ق43.8b

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

OPC Energy

Market Cap: ₪34.7b

Engages in the development, construction, operation, generation, and supply of electricity and energy in Israel.

RenaissanceRe Holdings

Market Cap: US$12.0b

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

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

KT&G

Market Cap: ₩18.2t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

Pro Medicus

Market Cap: AU$16.6b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

Sanan OptoelectronicsLtd

Market Cap: CN¥80.3b

Engages in the research, development, production, and sale of compound semiconductor materials and devices in China and internationally.

Turkiye Garanti Bankasi

Market Cap: ₺543.9b

Provides various banking products and services in Turkey.

Italgas

Market Cap: €10.2b

Engages in the distribution of natural gas in Italy, Greece, and Other European Union countries.

Budweiser Brewing Company APAC

Market Cap: HK$92.7b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally.

Tata Consumer Products

Market Cap: ₹1.1t

Manufactures, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

Indus Towers

Market Cap: ₹1.1t

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.

Coca-Cola Consolidated

Market Cap: US$11.8b

Manufactures, markets, and distributes nonalcoholic beverages in the United States.