Danish Automobiles Defensive Blue Chips

Power Assets Holdings

Market Cap: HK$105.3b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally.

Woori Financial Group

Market Cap: ₩19.1t

Operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥96.2b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

Admiral Group

Market Cap: UK£10.0b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

BE Semiconductor Industries

Market Cap: €11.6b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

SCB X

Market Cap: ฿436.0b

Engages banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

Doximity

Market Cap: US$13.4b

Operates as a digital platform for medical professionals in the United States.

NMBZ Holdings

Market Cap: US$1.7b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

Universal Health Services

Market Cap: US$13.3b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Unum Group

Market Cap: US$13.3b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Samsung Fire & Marine Insurance

Market Cap: ₩18.8t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Helvetia Holding

Market Cap: CHF 10.7b

Engages in life and non-life insurance, and reinsurance business in Switzerland, Germany, Austria, Spain, Italy, France, and internationally.

Hua Nan Financial Holdings

Market Cap: NT$406.4b

Engages in the banking, securities, insurance, venture capital and asset management activities in Taiwan and internationally.

Bank Polska Kasa Opieki

Market Cap: zł48.5b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

Powszechny Zaklad Ubezpieczen

Market Cap: zł48.5b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

CP ALL

Market Cap: ฿430.4b

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

Zegona Communications

Market Cap: UK£9.9b

Provides integrated telecommunications services in Spain.

Rockchip Electronics

Market Cap: CN¥94.1b

Operates as a fabless IC design company in China.

CEMEX. de

Market Cap: Mex$242.0b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

Hormel Foods

Market Cap: US$13.2b

Develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally.

Almarai

Market Cap: ر.س49.4b

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

FinecoBank Banca Fineco

Market Cap: €11.3b

Provides banking, credit, trading and investment services in Italy.

GAIL (India)

Market Cap: ₹1.2t

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

Brown-Forman

Market Cap: US$13.1b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

Hims & Hers Health

Market Cap: US$13.1b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

Reinsurance Group of America

Market Cap: US$13.1b

Provides reinsurance and financial solutions.

WH Group

Market Cap: HK$101.6b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Mashreqbank PSC

Market Cap: د.إ47.9b

Provides various banking and financial services to individuals and corporates.

Banco Comercial Português

Market Cap: €11.2b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

ageas

Market Cap: €11.1b

Engages in insurance business.

Insurance Australia Group

Market Cap: AU$19.7b

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

Canara Bank

Market Cap: ₹1.1t

Provides various banking products and services in India and internationally.

BDO Unibank

Market Cap: ₱746.7b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Elia Group

Market Cap: €11.0b

Develops and operates as a transmission system operator in Belgium and Germany.

Fisher & Paykel Healthcare

Market Cap: NZ$22.1b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

CNA Financial

Market Cap: US$12.7b

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