Swiss Semiconductors Defensive Blue Chips

BB Seguridade Participações

Market Cap: R$62.0b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Orkla

Market Cap: NOK 115.1b

Operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫297.0t

Provides various banking products and services for individuals, corporate customers, and financial institutions in Vietnam.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥81.0b

Beijing E-Town Semiconductor Technology Co., Ltd.

Acciona

Market Cap: €9.7b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Globe Life

Market Cap: US$11.3b

Through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

Zegona Communications

Market Cap: UK£8.4b

Provides integrated telecommunications services in Spain.

Adani Energy Solutions

Market Cap: ₹979.2b

Generates, transmits, and distributes power in India.

ICICI Lombard General Insurance

Market Cap: ₹978.0b

Provides various general insurance products and services in India.

Banque Saudi Fransi

Market Cap: ر.س42.0b

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

Vietnam Technological and Commercial Bank

Market Cap: ₫293.5t

Provides personal and corporate banking products and services in Vietnam and internationally.

Skyworks Solutions

Market Cap: US$11.1b

Designs, develops, manufactures, and markets semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

Huadong Medicine

Market Cap: CN¥80.0b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

Tsingtao Brewery

Market Cap: HK$86.9b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Chandra Daya Investasi

Market Cap: Rp181.6t

Operates as an infrastructure investment holding company.

First Horizon

Market Cap: US$11.1b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

American Financial Group

Market Cap: US$11.1b

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

Banco Santander-Chile

Market Cap: CL$10.7t

Provides commercial and retail banking products and services in Chile.

Marico

Market Cap: ₹959.3b

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

Industrial Bank of Korea

Market Cap: ₩15.4t

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

United Spirits

Market Cap: ₹949.3b

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

Albertsons Companies

Market Cap: US$10.9b

Through its subsidiaries, operates in the food and drug retail industry in the United States.

Assurant

Market Cap: US$10.9b

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

Carrefour

Market Cap: €9.3b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

Rockchip Electronics

Market Cap: CN¥77.6b

Operates as a fabless IC design company in China.

Bajaj Housing Finance

Market Cap: ₹941.7b

Provides housing finance services in India.

Anhui Gujing Distillery

Market Cap: CN¥77.5b

Engages in the production and sale of distilled wine in the People’s Republic of China and internationally.

BE Semiconductor Industries

Market Cap: €9.3b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

James Hardie Industries

Market Cap: AU$16.8b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

M3

Market Cap: JP¥1.6t

Provides medical-related services primarily to physicians and other healthcare professionals through the Internet.

Kinsale Capital Group

Market Cap: US$10.8b

Engages in the provision of property and casualty insurance products in the United States.

Taiwan Mobile

Market Cap: NT$328.2b

Provides wireless communication services in Taiwan, the Republic of China, and internationally.

Enel Américas

Market Cap: CL$10.4t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Bank Albilad

Market Cap: ر.س39.8b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Bank of Chengdu

Market Cap: CN¥76.2b

Provides various commercial banking products and services in China.

Waaree Energies

Market Cap: ₹926.0b

Manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects.