Spanish Consumer Durables Defensive Blue Chips

Standard Bank Group

Market Cap: R519.3b

Provides financial products and services in South Africa and internationally.

Bank of Ningbo

Market Cap: CN¥214.5b

Provides various personal and business banking products and services in the People's Republic of China.

Veolia Environnement

Market Cap: €27.5b

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

Veeva Systems

Market Cap: US$31.4b

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

Casey's General Stores

Market Cap: US$31.4b

Operates convenience stores under the Casey's and Casey’s General Store names in the United States.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ114.5b

Provides banking products and services in the United Arab Emirates and internationally.

Credicorp

Market Cap: US$31.2b

Provides various banking services and products in Peru, Bermuda, Colombia, Bolivia, Panama, Chile, the United States, the Cayman Islands, and Mexico.

Ping An Bank

Market Cap: CN¥210.4b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

China Jushi

Market Cap: CN¥210.3b

Manufactures and sells fiberglass and related products in China and internationally.

Bank of Jiangsu

Market Cap: CN¥210.1b

Provides various banking products and services in China.

Naturgy Energy Group

Market Cap: €26.6b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$3.9b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Ørsted

Market Cap: DKK 197.6b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, and energy storage and combined heat and power (CHP) plants.

Foshan Haitian Flavouring and Food

Market Cap: CN¥205.2b

Foshan Haitian Flavouring and Food Company Ltd.

Atmos Energy

Market Cap: US$29.8b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Kraft Heinz

Market Cap: US$29.7b

Manufactures and markets food and beverage products in North America and internationally.

Citizens Financial Group

Market Cap: US$29.7b

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.

Qnity Electronics

Market Cap: US$29.7b

Provides materials and solutions to the semiconductor and electronics industries in the United States, rest of Americas, Europe, the Middle East, Africa, Asia Pacific, China, South Korea, Taiwan, and internationally.

Grupo Financiero Banorte. de

Market Cap: Mex$509.4b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

Svenska Handelsbanken

Market Cap: SEK 277.9b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Huadian New Energy Group

Market Cap: CN¥196.1b

Engages in the power generation business in China.

Sampo Oyj

Market Cap: €25.2b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

Tower Semiconductor

Market Cap: US$28.8b

An independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe.

Sumitomo Mitsui Trust Group

Market Cap: JP¥4.7t

Operates as a trust bank in Japan and internationally.

DexCom

Market Cap: US$28.6b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally.

Nestlé India

Market Cap: ₹2.7t

Engages in the manufacture and sale of food products in India and internationally.

Hangzhou Changchuan TechnologyLtd

Market Cap: CN¥192.6b

Researches and develops, produces, and sells integrated circuit equipment in China and internationally.

Gulf Development

Market Cap: ฿948.7b

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

GE HealthCare Technologies

Market Cap: US$28.0b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

W. R. Berkley

Market Cap: US$28.0b

An insurance holding company, operates as a commercial line writer worldwide.

AXIA Energia

Market Cap: R$142.3b

Through its subsidiaries, engages in the generation, transmission, distribution, and commercialization of electricity in Brazil.

Amrize

Market Cap: CHF 22.5b

Engages in the provision of various building solutions for infrastructure, commercial, and residential construction markets in North America and Canada.

Seven & i Holdings

Market Cap: JP¥4.5t

Operates convenience stores in Japan, North America, and internationally.

TS Financial Holding

Market Cap: NT$898.9b

Provides various financial products and services.

Cincinnati Financial

Market Cap: US$27.8b

Provides property casualty insurance products in the United States.

ResMed

Market Cap: US$27.8b

Develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the United States and internationally.