French Consumer Services Defensive Blue Chips

Monolithic Power Systems

Market Cap: US$63.0b

Provides semiconductor-based power electronics solutions in China, Taiwan, South Korea, Southeast Asia, Europe, the United States, Japan, and internationally.

MetLife

Market Cap: US$62.7b

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

Standard Chartered

Market Cap: UK£46.9b

Provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas.

Cencora

Market Cap: US$62.2b

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

China CITIC Bank

Market Cap: CN¥415.0b

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

NXP Semiconductors

Market Cap: US$60.7b

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

Alimentation Couche-Tard

Market Cap: CA$84.4b

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

Saudi National Bank

Market Cap: ر.س224.8b

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

Sempra

Market Cap: US$59.2b

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

Great-West Lifeco

Market Cap: CA$82.5b

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

Singapore Telecommunications

Market Cap: S$75.3b

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

Industrial Bank

Market Cap: CN¥393.4b

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

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ209.9b

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

Saudi Telecom

Market Cap: ر.س211.0b

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

United Overseas Bank

Market Cap: S$72.4b

Provides banking products and services worldwide.

Life Insurance Corporation of India

Market Cap: ₹5.4t

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

E.ON

Market Cap: €48.9b

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

KBC Group

Market Cap: €48.0b

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

Cardinal Health

Market Cap: US$54.5b

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

Loblaw Companies

Market Cap: CA$76.3b

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.

Fubon Financial Holding

Market Cap: NT$1.7t

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

Orange

Market Cap: €46.2b

Operates as a telecommunications operator in France and internationally.

Fifth Third Bancorp

Market Cap: US$52.4b

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.

Danone

Market Cap: €45.3b

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.

Entergy

Market Cap: US$51.4b

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

Emirates NBD Bank PJSC

Market Cap: د.إ188.9b

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

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥344.8b

Advanced Micro-Fabrication Equipment Inc.

Erste Group Bank

Market Cap: €44.0b

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

Teradyne

Market Cap: US$50.2b

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.

Vistra

Market Cap: US$50.1b

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

Holcim

Market Cap: CHF 40.7b

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

Endesa

Market Cap: €43.6b

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.

Diageo

Market Cap: UK£37.1b

Engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific, Latin America and Caribbean, and Africa.

Sberbank of Russia

Market Cap: ₽3.0t

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions.

Heineken

Market Cap: €43.0b

Heineken N.V. brews and sells beer and cider in Europe, the Americas, Africa, the Middle East, and the Asia Pacific.

Coca-Cola Europacific Partners

Market Cap: €43.0b

Produces, distributes, and sells a range of non-alcoholic ready-to-drink beverages.