Ivorian Utilities Defensive Blue Chips

BNP Paribas Fortis

Market Cap: €21.5b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

Snam

Market Cap: €21.5b

Engages in the operation of natural gas transport and storage infrastructure.

National Bank of KuwaitK.P

Market Cap: د.ك7.6b

Provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Willis Towers Watson

Market Cap: US$24.6b

Operates as an advisory, broking, and solutions company worldwide.

American Water Works Company

Market Cap: US$24.5b

Through its subsidiaries, provides water and wastewater services in the United States.

Regions Financial

Market Cap: US$24.4b

A financial holding company, provides various banking and related products and services to individual and corporate customers.

KeyCorp

Market Cap: US$24.4b

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

Mediobanca Banca di Credito Finanziario

Market Cap: €21.2b

Provides various banking products and services in Italy, Other European countries, the United States, Asia, and internationally.

Telefónica

Market Cap: €21.0b

Provides telecommunications services in Spain, Brazil, Germany, and the United Kingdom.

Entegris

Market Cap: US$24.0b

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.

First Citizens BancShares

Market Cap: US$24.0b

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.

Dollar General

Market Cap: US$24.0b

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

Public Bank Berhad

Market Cap: RM 98.0b

Provides banking products and services.

Constellation Brands

Market Cap: US$23.8b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.

Shenzhen Techwinsemi Technology

Market Cap: CN¥161.0b

Develops, manufactures, and sells storage control chips and modules in China and internationally.

Principal Financial Group

Market Cap: US$23.8b

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

Terna

Market Cap: €20.6b

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

Aeon

Market Cap: JP¥3.8t

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

CLP Holdings

Market Cap: HK$184.2b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Bank Mandiri (Persero)

Market Cap: Rp418.7t

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

Markel Group

Market Cap: US$23.4b

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

Inner Mongolia Yili Industrial Group

Market Cap: CN¥156.0b

Inner Mongolia Yili Industrial Group Co., Ltd.

Sigma Healthcare

Market Cap: AU$32.3b

Operates as a retail pharmacy franchisor and pharmaceutical wholesale and distributor to community pharmacies primarily in Australia.

Coca-Cola FEMSA. de

Market Cap: US$22.6b

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

Bunge Global

Market Cap: US$22.5b

Operates as an agribusiness and food company worldwide.

VERBUND

Market Cap: €19.6b

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

Hana Financial Group

Market Cap: ₩34.2t

Through its subsidiaries, provides financial services in South Korea, Hong Kong, Singapore, the United States, Japan, China, Indonesia, the United Kingdom, Canada, and internationally.

China Minsheng Banking

Market Cap: CN¥151.4b

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

NN Group

Market Cap: €19.5b

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

Riyad Bank

Market Cap: ر.س83.7b

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

Cellnex Telecom

Market Cap: €19.4b

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.

Loews

Market Cap: US$22.2b

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

Coca-Cola HBC

Market Cap: UK£16.7b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

ASPEED Technology

Market Cap: NT$698.8b

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

Uniper

Market Cap: €19.2b

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

Quest Diagnostics

Market Cap: US$21.9b

Provides diagnostic testing and services in the United States.