German Consumer Retailing Defensive Blue Chips

SSE

Market Cap: UK£17.7b

Engages in the generation, transmission, distribution, and supply of electricity.

STERIS

Market Cap: US$23.8b

Provides infection prevention products and services worldwide.

China United Network Communications

Market Cap: CN¥168.5b

Provides telecommunication services in the People’s Republic of China.

Veolia Environnement

Market Cap: €20.1b

Designs and provides water, waste, and energy management solutions.

Huaneng Lancang River Hydropower

Market Cap: CN¥167.4b

Engages in the development, construction, operation, and management of hydropower projects.

Dollar Tree

Market Cap: US$23.2b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

ASM International

Market Cap: €19.6b

Engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س85.8b

Provides private health and ancillary services.

Labcorp Holdings

Market Cap: US$22.8b

Provides laboratory services.

Sigma Healthcare

Market Cap: AU$34.8b

Operates as a pharmaceutical wholesaler, distributor, and pharmacy franchisor in Australia and internationally.

STMicroelectronics

Market Cap: €19.4b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Resona Holdings

Market Cap: JP¥3.4t

Through its subsidiaries, engages in the provision retail and commercial banking products and services in Japan and internationally.

Shinhan Financial Group

Market Cap: ₩31.3t

Provides financial products and services in South Korea and internationally.

Telenor

Market Cap: NOK 226.9b

Operates as a telecommunication company worldwide.

Capitec Bank Holdings

Market Cap: R399.0b

Through its subsidiaries, provides various banking products and services in South Africa.

Citizens Financial Group

Market Cap: US$22.3b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

Woolworths Group

Market Cap: AU$33.8b

Operates retail stores in Australia and New Zealand.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫575.7t

Provides banking products and services in Vietnam.

Standard Bank Group

Market Cap: R388.4b

Provides financial products and services in South Africa and internationally.

ASE Technology Holding

Market Cap: NT$669.8b

Provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally.

Coloplast

Market Cap: DKK 139.6b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Gulf Development

Market Cap: ฿702.2b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

OmniVision Integrated Circuits Group

Market Cap: CN¥154.6b

OmniVision Integrated Circuits Group, Inc.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ79.3b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Eastroc Beverage(Group)

Market Cap: CN¥154.2b

Engages in the research and development, production, and sales of beverages in China.

Credo Technology Group Holding

Market Cap: US$21.5b

Provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

BNP Paribas Fortis

Market Cap: €18.3b

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

Banco do Brasil

Market Cap: R$115.8b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

QBE Insurance Group

Market Cap: AU$32.5b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

Associated British Foods

Market Cap: UK£15.7b

Operates as a diversified food, ingredients, and retail company worldwide.

First Solar

Market Cap: US$21.0b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

Coles Group

Market Cap: AU$32.2b

Operates as a retailer in Australia.

Riyad Bank

Market Cap: ر.س78.3b

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

CLP Holdings

Market Cap: HK$162.3b

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

Zimmer Biomet Holdings

Market Cap: US$20.8b

Operates as a medical technology company worldwide.

KeyCorp

Market Cap: US$20.8b

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