Chinese Materials Defensive Blue Chips

Assurant

Market Cap: US$14.0b

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

Shenzhen Techwinsemi Technology

Market Cap: CN¥93.7b

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

Chubu Electric Power Company

Market Cap: JP¥2.2t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Tongfu MicroelectronicsLtd

Market Cap: CN¥93.2b

Provides integrated circuit (IC) encapsulation test services in China and internationally.

Tryg

Market Cap: DKK 90.3b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Taiwan Cooperative Financial Holding

Market Cap: NT$438.8b

Provides banking, insurance, securities, bills finance, investment trust, asset management, and capital management services in Taiwan.

Kinsus Interconnect Technology

Market Cap: NT$438.4b

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

Metro

Market Cap: CA$19.2b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Grupo Bimbo. de

Market Cap: Mex$236.9b

Produces, distributes, and markets bakery products.

Hippo Valley Estates

Market Cap: US$1.8b

Together with its subsidiary, Chiredzi Township (Private) Limited, engages in the growing and milling of sugar cane in Zimbabwe.

Skyworks Solutions

Market Cap: US$13.7b

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.

SK Telecom

Market Cap: ₩19.0t

Engages in the provision of wireless telecommunication services in South Korea.

United Utilities Group

Market Cap: UK£10.2b

Provides water and wastewater services in the United Kingdom.

RenaissanceRe Holdings

Market Cap: US$13.7b

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

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق49.4b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Harel Insurance Investments & Financial Services

Market Cap: ₪41.1b

Offers insurance and financial services in Israel, Europe, and internationally.

Olympus

Market Cap: JP¥2.1t

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

Aegon

Market Cap: €11.7b

Provides insurance services in the Americas, the Netherlands, the United Kingdom, and internationally.

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

McCormick

Market Cap: US$13.4b

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

iA Financial

Market Cap: CA$18.7b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Uni-President Enterprises

Market Cap: NT$426.2b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

Carrefour

Market Cap: €11.6b

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

Banque Cantonale Vaudoise

Market Cap: CHF 10.9b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Brookfield Wealth Solutions

Market Cap: US$13.3b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Insurance Australia Group

Market Cap: AU$18.7b

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

Yokohama Financial Group

Market Cap: JP¥2.1t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

Coca-Cola Consolidated

Market Cap: US$13.2b

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

Globe Life

Market Cap: US$13.2b

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

Dangote Cement

Market Cap: ₦17.6t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

J. M. Smucker

Market Cap: US$13.2b

Manufactures and markets branded food and beverage products worldwide.

Tokyo GasLtd

Market Cap: JP¥2.1t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Etihad Etisalat

Market Cap: ر.س49.6b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Kokusai Electric

Market Cap: JP¥2.1t

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

CNA Financial

Market Cap: US$13.0b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

Mora Telematika Indonesia

Market Cap: Rp231.7t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.