German Materials Defensive Blue Chips

Power Corporation of Canada

Market Cap: CA$58.8b

An international management and holding company, provides financial services in North America, Europe, and Asia.

Banca Monte dei Paschi di Siena

Market Cap: €36.6b

Provides various banking products and services in Italy and internationally.

KB Financial Group

Market Cap: ₩59.5t

Provides financial products and services in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally.

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

Market Cap: ر.ق152.9b

Provides conventional and Islamic banking products and services in Qatar, Europe, North America, rest of GCC countries, and internationally.

People's Insurance Company (Group) of China

Market Cap: HK$329.3b

An investment holding company, offers insurance products and services in the People’s Republic of China and Hong Kong.

Wuliangye YibinLtd

Market Cap: CN¥281.6b

Manufactures and sells liquor and wine products and related auxiliary products under the Wuliangye brand in China.

Daiichi Life Group

Market Cap: JP¥6.6t

Through its subsidiaries, provides insurance products in Japan, the United States, and internationally.

Adani Power

Market Cap: ₹4.0t

Engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPAs), supplemental PPAs, medium and short term PPAs, and on merchant basis in India.

Japan Post Holdings

Market Cap: JP¥6.6t

Provides postal, banking, and insurance services in Japan.

Rocket Companies

Market Cap: US$41.1b

A fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada.

China Pacific Insurance (Group)

Market Cap: CN¥272.5b

Provides insurance products to in the People’s Republic of China.

Swisscom

Market Cap: CHF 32.8b

Provides telecommunication services in Switzerland, Italy, and internationally.

Axis Bank

Market Cap: ₹3.9t

Provides various financial products and services in India and internationally.

Moore Threads Technology

Market Cap: CN¥272.1b

Engages in the development of GPU chips and related products.

Consolidated Edison

Market Cap: US$40.3b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

Kotak Mahindra Bank

Market Cap: ₹3.9t

Provides a range of banking and financial services to corporate and individual customers in India.

American International Group

Market Cap: US$39.6b

Provides insurance products for commercial, institutional, and individual customers in North America and internationally.

Samsung Life Insurance

Market Cap: ₩55.8t

Engages in the life insurance business to corporate and individual customers in South Korea and internationally.

ABN AMRO Bank

Market Cap: €34.1b

Provides various banking products and financial services to retail, private, and corporate banking clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Montage Technology

Market Cap: CN¥266.1b

An integrated circuit (IC) design company, provides IC-based solutions for cloud computing and AI infrastructure in the People’s Republic of China.

Archer-Daniels-Midland

Market Cap: US$39.2b

Provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.

Sysco

Market Cap: US$39.2b

Through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally.

SSE

Market Cap: UK£29.0b

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

Veeva Systems

Market Cap: US$38.7b

Provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.

OTP Bank Nyrt

Market Cap: Ft12.2t

Provides various commercial banking services.

PG&E

Market Cap: US$38.5b

Through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States.

Hua Hong Grace Semiconductor

Market Cap: HK$297.0b

An investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, and Europe.

Tesco

Market Cap: UK£27.9b

Operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.

ACWA Power

Market Cap: ر.س141.4b

Engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia, the Middle East, Asia, and Africa.

Sompo Holdings

Market Cap: JP¥6.0t

Provides property and casualty (P&C) insurance products and services in Japan and internationally.

Telstra Group

Market Cap: AU$52.5b

Provides telecommunications services in Australia and internationally.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł139.3b

Provides various banking products and services in Poland and internationally.

Vodafone Group

Market Cap: UK£27.5b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

Hartford Insurance Group

Market Cap: US$37.0b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

Fomento Económico Mexicano. de

Market Cap: Mex$628.6b

Through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.

Hon. Precision

Market Cap: NT$1.2t

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.