Spanish Diversified Financials Defensive Blue Chips

Disco

Market Cap: JP¥4.8t

Manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally.

Foshan Haitian Flavouring and Food

Market Cap: CN¥215.4b

Foshan Haitian Flavouring and Food Company Ltd.

Swiss Life Holding

Market Cap: CHF 24.4b

Provides life, pensions, and financial solutions for private and corporate clients.

Willis Towers Watson

Market Cap: US$30.1b

Operates as an advisory, broking, and solutions company worldwide.

Cathay Financial Holding

Market Cap: NT$933.0b

Through its subsidiaries, provides various financial products and services in Taiwan, rest of Asia, and internationally.

Kraft Heinz

Market Cap: US$29.6b

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

KB Financial Group

Market Cap: ₩43.5t

Provides various banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally.

Banca Monte dei Paschi di Siena

Market Cap: €25.6b

Provides retail and commercial banking services in Italy.

W. R. Berkley

Market Cap: US$29.4b

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

Avenue Supermarts

Market Cap: ₹2.6t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

China Everbright Bank

Market Cap: CN¥208.3b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Naturgy Energy Group

Market Cap: €25.4b

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

Sompo Holdings

Market Cap: JP¥4.6t

Provides property and casualty insurance services in Japan and internationally.

Kellanova

Market Cap: US$29.0b

Manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa.

ASE Technology Holding

Market Cap: NT$912.0b

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

Malayan Banking Berhad

Market Cap: RM 120.1b

Provides commercial banking and related financial products and services.

Power Grid Corporation of India

Market Cap: ₹2.6t

An electric power transmission utility, engages in the power transmission business in India and internationally.

National Bank of KuwaitK.P

Market Cap: د.ك8.8b

Provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Dai-ichi Life Holdings

Market Cap: JP¥4.5t

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

Federal Home Loan Mortgage

Market Cap: US$28.6b

Operates in the secondary mortgage market in the United States.

Advanced Info Service

Market Cap: ฿928.0b

Operates as a telecommunications and technology company primarily in Thailand.

Atmos Energy

Market Cap: US$28.3b

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

Vodafone Group

Market Cap: UK£21.5b

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

M&T Bank

Market Cap: US$28.1b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

Archer-Daniels-Midland

Market Cap: US$27.8b

Engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions.

Bank Hapoalim B.M

Market Cap: ₪91.0b

Provides various banking and financial services in Israel and internationally.

Luzhou LaojiaoLtd

Market Cap: CN¥197.5b

Produces and sells alcoholic products in China and internationally.

Bank Mandiri (Persero)

Market Cap: Rp462.0t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

Bank of Jiangsu

Market Cap: CN¥197.1b

Provides various banking products and services in China.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ101.4b

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

Nestlé India

Market Cap: ₹2.5t

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

Fifth Third Bancorp

Market Cap: US$27.3b

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.

Brown & Brown

Market Cap: US$27.2b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally.

Humana

Market Cap: US$26.9b

Provides medical and specialty insurance products in the United States.

Bank of Ningbo

Market Cap: CN¥190.2b

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

ASM International

Market Cap: €23.2b

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.