German Materials Defensive Blue Chips

Webster Financial

Market Cap: US$12.2b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

iA Financial

Market Cap: CA$17.3b

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

United Nova TechnologyLtd

Market Cap: CN¥83.0b

Manufactures and markets power discrete and modules in China and internationally.

Absa Group

Market Cap: R200.8b

Provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

First Horizon

Market Cap: US$12.1b

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

Taiwan Cooperative Financial Holding

Market Cap: NT$387.3b

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

Italgas

Market Cap: €10.6b

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

Far EasTone Telecommunications

Market Cap: NT$386.0b

Provides mobile telecommunications services in Taiwan and internationally.

CP ALL

Market Cap: ฿403.2b

Operates convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internationally.

GAIL (India)

Market Cap: ₹1.1t

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

Saputo

Market Cap: CA$17.0b

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

Molina Healthcare

Market Cap: US$12.0b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces in the United States.

Realtek Semiconductor

Market Cap: NT$381.5b

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

Henan Shijia Photons Technology

Market Cap: CN¥81.2b

Henan Shijia Photons Technology Co., Ltd.

Israel Discount Bank

Market Cap: ₪35.8b

Provides various banking and financial services in Israel, Europe, and North America.

Almarai

Market Cap: ر.س44.8b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Wens Foodstuff Group

Market Cap: CN¥80.9b

Engages in the agricultural and animal husbandry businesses in China and internationally.

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Tata Consumer Products

Market Cap: ₹1.1t

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

Shanghai United Imaging Healthcare

Market Cap: CN¥80.6b

Shanghai United Imaging Healthcare Co., Ltd.

Vanguard International Semiconductor

Market Cap: NT$377.2b

Engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices in Taiwan and internationally.

Great Eastern Holdings

Market Cap: S$15.3b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

King Yuan Electronics

Market Cap: NT$376.6b

Designs, manufactures, sells, tests, and assembles integrated circuits.

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.

Yokohama Financial Group

Market Cap: JP¥1.9t

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

Dangote Cement

Market Cap: ₦16.1t

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

Globus Medical

Market Cap: US$11.7b

Develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥79.0b

Henan Shuanghui Investment & Development Co.,Ltd.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

American Financial Group

Market Cap: US$11.6b

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

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫303.6t

Provides various banking products and services in Vietnam and internationally.

Eastroc Beverage (Group)

Market Cap: CN¥78.2b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.

Arab National Bank

Market Cap: ر.س43.2b

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.

Shanghai Rural Commercial Bank

Market Cap: CN¥78.0b

Engages in commercial banking business in China.

Discovery

Market Cap: R189.0b

Provides various insurance products and services primarily in South Africa and the United Kingdom.

Baxter International

Market Cap: US$11.4b

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