Spanish Semiconductors Defensive Blue Chips

United Microelectronics

Market Cap: NT$584.5b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

Mediobanca Banca di Credito Finanziario

Market Cap: €17.2b

Provides various banking products and services in Italy and internationally.

Saudi Awwal Bank

Market Cap: ر.س72.0b

Provides banking and financial services in the Kingdom of Saudi Arabia.

Coca-Cola FEMSA. de

Market Cap: US$19.2b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Sonova Holding

Market Cap: CHF 16.0b

Manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific.

Terna

Market Cap: €16.9b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

Alinma Bank

Market Cap: ر.س70.4b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Snam

Market Cap: €16.7b

Engages in the operation of natural gas transport and storage infrastructure.

Loews

Market Cap: US$18.7b

Through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally.

Dollar Tree

Market Cap: US$18.7b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

Erie Indemnity

Market Cap: US$18.7b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

ON Semiconductor

Market Cap: US$18.6b

Provides intelligent sensing and power solutions in the United States and internationally.

New China Life Insurance

Market Cap: CN¥134.5b

Provides life insurance products and services to individuals and institutions in China.

Resona Holdings

Market Cap: JP¥2.7t

Through its subsidiaries, provides retail and commercial banking products and services in Japan and internationally.

Coles Group

Market Cap: AU$28.8b

Operates as a retailer in Australia.

Uniper

Market Cap: €16.6b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

HDFC Life Insurance

Market Cap: ₹1.6t

Provides individual and group insurance solutions in India.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫474.6t

Provides banking products and services.

Carlsberg

Market Cap: DKK 123.2b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Bank of Beijing

Market Cap: CN¥133.0b

Provides various banking services to personal and corporate customers in China.

ABN AMRO Bank

Market Cap: €16.5b

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

Arca Continental. de

Market Cap: Mex$356.0b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Legal & General Group

Market Cap: UK£13.8b

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

Principal Financial Group

Market Cap: US$18.3b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Coca-Cola HBC

Market Cap: UK£13.7b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

CIMB Group Holdings Berhad

Market Cap: RM 78.6b

Provides various banking products and services in Malaysia and internationally.

Ryan Specialty Holdings

Market Cap: US$18.1b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, and Singapore.

KeyCorp

Market Cap: US$18.0b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Citizens Financial Group

Market Cap: US$18.0b

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.

Pro Medicus

Market Cap: AU$27.7b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

Shinhan Financial Group

Market Cap: ₩25.3t

Provides financial products and services in South Korea and internationally.

Molina Healthcare

Market Cap: US$17.8b

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

Federal Home Loan Mortgage

Market Cap: US$17.6b

Operates in the secondary mortgage market in the United States.

Sumitomo Mitsui Trust Group

Market Cap: JP¥2.6t

Operates as a trust bank in Japan and internationally.

Banco BPM

Market Cap: €15.5b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Kerry Group

Market Cap: €15.3b

Provides taste and nutrition solutions.