Spanish Transportation Defensive Blue Chips

Truist Financial

Market Cap: US$63.5b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

Nongfu Spring

Market Cap: HK$492.4b

Produces and sells packaged drinking water and beverage products primarily in Mainland China.

MetLife

Market Cap: US$62.5b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

National Bank of Canada

Market Cap: CA$87.1b

Provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally.

Saudi National Bank

Market Cap: ر.س232.7b

Through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally.

China CITIC Bank

Market Cap: CN¥418.0b

Provides various banking products and services in the People’s Republic of China and internationally.

NXP Semiconductors

Market Cap: US$61.8b

Provides semiconductor products in the United States, Germany, Japan, South Korea, Taiwan, Singapore, the Netherlands, Mainland China, Hong Kong, and internationally.

Cencora

Market Cap: US$60.7b

Cencora, Inc. sources and distributes pharmaceutical products in the United States and internationally.

Industrial Bank

Market Cap: CN¥400.0b

Provides banking products and services in the People’s Republic of China.

Alimentation Couche-Tard

Market Cap: CA$82.4b

Operates and licenses convenience stores in North America, Europe, and Asia.

Great-West Lifeco

Market Cap: CA$82.2b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Sempra

Market Cap: US$58.6b

Engages in the regulated utilities business in the United States and Mexico.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ214.3b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.

Saudi Telecom

Market Cap: ر.س215.3b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

Teradyne

Market Cap: US$57.2b

Engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.

KBC Group

Market Cap: €49.4b

Provides banking, insurance, and asset management services in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

E.ON

Market Cap: €49.1b

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

Singapore Telecommunications

Market Cap: S$72.5b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally.

Fubon Financial Holding

Market Cap: NT$1.8t

Provides various financial products and services in Taiwan, Asia, and internationally.

Life Insurance Corporation of India

Market Cap: ₹5.4t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

United Overseas Bank

Market Cap: S$71.6b

Provides banking products and services worldwide.

Loblaw Companies

Market Cap: CA$75.8b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.

Cardinal Health

Market Cap: US$53.2b

Operates as a healthcare services and products company in the United States and internationally.

Emirates NBD Bank PJSC

Market Cap: د.إ190.8b

Engages in the provision of corporate, institutional, retail, treasury, and Islamic banking services.

HOYA

Market Cap: JP¥8.3t

A med-tech company, provides high-tech and medical products in the Japan, Asia, the Americas, Europe, and internationally.

Holcim

Market Cap: CHF 41.7b

Provides building materials and solutions in Europe, Latin America, and Asia, Middle East, and Africa.

Astera Labs

Market Cap: US$51.4b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States.

Fifth Third Bancorp

Market Cap: US$51.3b

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

Orange

Market Cap: €44.0b

Operates as a telecommunications operator in France and internationally.

Erste Group Bank

Market Cap: €43.8b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.

Entergy

Market Cap: US$50.4b

Engages in the production and retail distribution of electricity in the United States.

Vistra

Market Cap: US$50.1b

Operates as an integrated retail electricity and power generation company in the United States.

Danone

Market Cap: €43.4b

Operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States.

Edwards Lifesciences

Market Cap: US$50.0b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

Endesa

Market Cap: €43.4b

Engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, the United Kingdom, Switzerland, Luxembourg, the Netherlands, Singapore, Italy, Morocco, and internationally.

Wal-Mart de México. de

Market Cap: Mex$864.1b

Owns and operates self-service stores in Mexico and Central America.