Swiss Materials Defensive Blue Chips

American Financial Group

Market Cap: US$11.9b

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

BJ's Wholesale Club Holdings

Market Cap: US$11.9b

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

Beijing YanDong MicroElectronic

Market Cap: CN¥80.3b

Beijing YanDong MicroElectronic Co., Ltd.

Realtek Semiconductor

Market Cap: NT$383.5b

Engages in the research, development, production, and sale of various integrated circuits and related application software in Taiwan, Asia, and internationally.

China Resources Microelectronics

Market Cap: CN¥80.2b

Engages in the manufacture and sale of semiconductors in China and internationally.

Canara Bank

Market Cap: ₹1.1t

Provides various banking products and services in India and internationally.

Ooredoo Q.P.S.C

Market Cap: ر.ق42.9b

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

Far EasTone Telecommunications

Market Cap: NT$380.5b

Provides mobile telecommunications services in Taiwan and internationally.

Semtech

Market Cap: US$11.7b

Provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.

Erie Indemnity

Market Cap: US$11.7b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Tele2

Market Cap: SEK 113.6b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

Industrial Bank of Korea

Market Cap: ₩17.0t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

Pro Medicus

Market Cap: AU$16.7b

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.

Shanghai Rural Commercial Bank

Market Cap: CN¥78.9b

Engages in commercial banking business in China.

Arab National Bank

Market Cap: ر.س43.7b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Guangdong Haid Group

Market Cap: CN¥78.8b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Chiba Bank

Market Cap: JP¥1.9t

Provides banking products and services in Japan and internationally.

Italgas

Market Cap: €10.2b

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

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

Aier Eye Hospital Group

Market Cap: CN¥78.4b

Operates as an ophthalmic medical company in China, Hong Kong, Europe, the United States, Europe, and Southeast Asia.

Kinsus Interconnect Technology

Market Cap: NT$374.6b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥78.4b

Engages in the clean energy business in China.

Baxter International

Market Cap: US$11.6b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Bank of Chengdu

Market Cap: CN¥78.2b

Provides various banking products and services in China.

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Marico

Market Cap: ₹1.1t

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Japan Post Insurance

Market Cap: JP¥1.9t

Engages in the provision of life insurance products and services in Japan.

Insulet

Market Cap: US$11.3b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

Saputo

Market Cap: CA$15.9b

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

Olympus

Market Cap: JP¥1.8t

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

SD Guthrie Berhad

Market Cap: RM 45.9b

Operates as an integrated plantations company in Malaysia and internationally.

Encompass Health

Market Cap: US$11.2b

Operates inpatient rehabilitation hospitals in the United States and Puerto Rico.

Turkiye Garanti Bankasi

Market Cap: ₺529.2b

Provides various banking products and services in Turkey.

Tata Consumer Products

Market Cap: ₹1.1t

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

BUA Foods

Market Cap: ₦15.2t

Processes, manufactures, produces, and distributes food materials in Nigeria.

ROHM

Market Cap: JP¥1.8t

Manufactures and sells electronic components worldwide.