Spanish Utilities Defensive Blue Chips

Origin Energy

Market Cap: AU$18.9b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

McCormick

Market Cap: US$13.0b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Insurance Australia Group

Market Cap: AU$18.8b

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

Assurant

Market Cap: US$12.9b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Banque Saudi Fransi

Market Cap: ر.س48.4b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

United Utilities Group

Market Cap: UK£9.8b

Provides water and wastewater services in the United Kingdom.

SG Micro

Market Cap: CN¥87.6b

Engages in the development, manufacturing and sales of comprehensive analog and mixed-signal integrated-circuit (IC) solutions in Mainland China, Hong Kong, Taiwan, and internationally.

Anhui Conch Cement

Market Cap: CN¥87.3b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Brown-Forman

Market Cap: US$12.8b

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

Fisher & Paykel Healthcare

Market Cap: NZ$22.6b

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

ROHM

Market Cap: JP¥2.1t

Manufactures and sells electronic components worldwide.

Smith & Nephew

Market Cap: UK£9.7b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Osaka Gas

Market Cap: JP¥2.1t

Provides natural gas, electricity, and other energy products and services in Japan and internationally.

Circuit Fabology Microelectronics Equipment

Market Cap: CN¥86.6b

Circuit Fabology Microelectronics Equipment Co., Ltd.

CNA Financial

Market Cap: US$12.7b

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

Banque Cantonale Vaudoise

Market Cap: CHF 10.2b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

MTN Nigeria Communications

Market Cap: ₦17.4t

Provides broadband fixed wireless access, telecommunication, and mobile financial services to consumer, commercial, and institutional customers in Nigeria.

Tokyo GasLtd

Market Cap: JP¥2.0t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Align Technology

Market Cap: US$12.6b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Tele2

Market Cap: SEK 122.3b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

SK Telecom

Market Cap: ₩19.3t

Engages in the provision of wireless telecommunication services in South Korea.

Coca-Cola Consolidated

Market Cap: US$12.5b

Manufactures, markets, and distributes nonalcoholic beverages in the United States.

Fresenius Medical Care

Market Cap: €11.0b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Penumbra

Market Cap: US$12.5b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Erie Indemnity

Market Cap: US$12.5b

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

Hangzhou Silan Microelectronics

Market Cap: CN¥84.8b

Engages in the research, design, development, production, and sale of electronic components in China.

Turkiye Garanti Bankasi

Market Cap: ₺581.3b

Provides various banking products and services in Turkey.

Chongqing Genori Technology

Market Cap: CN¥84.6b

Manufactures core components and materials.

Piraeus Bank

Market Cap: €10.9b

Provides various banking products and services in Greece, Europe, and internationally.

Fidelity National Financial

Market Cap: US$12.4b

Provides various insurance products in the United States.

Etihad Etisalat

Market Cap: ر.س46.6b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

Jerónimo Martins SGPS

Market Cap: €10.8b

Operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally.

Shenyang Fortune Precision Equipment

Market Cap: CN¥83.8b

Shenyang Fortune Precision Equipment Co., Ltd.

BUA Foods

Market Cap: ₦16.9t

Processes, manufactures, produces, and distributes food materials in Nigeria.

Dosilicon

Market Cap: CN¥83.5b

Engages in the design, research and development, and sale of semiconductor chips worldwide.