French Insurance Defensive Blue Chips

MetLife

Market Cap: US$54.8b

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

Manulife Financial

Market Cap: CA$76.3b

Provides financial products and services in the United States, Canada, Asia, and internationally.

Danone

Market Cap: €46.7b

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.

China CITIC Bank

Market Cap: HK$419.6b

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

Singapore Telecommunications

Market Cap: S$69.4b

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

Diageo

Market Cap: UK£39.1b

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

Engie

Market Cap: €44.5b

Operates as an energy company, engages in the renewables and decentralized, low-carbon energy networks, and energy services businesses in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

Infineon Technologies

Market Cap: €44.3b

Engages in the design, development, manufacture, and marketing of semiconductors and semiconductor-based solutions worldwide.

Wal-Mart de México. de

Market Cap: Mex$945.8b

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

PICC Property and Casualty

Market Cap: HK$396.4b

Engages in property and casualty insurance business in People’s Republic of China.

HOYA

Market Cap: JP¥7.7t

A med-tech company, provides high-tech and medical products worldwide.

Shanghai Pudong Development Bank

Market Cap: CN¥360.2b

Shanghai Pudong Development Bank Co., Ltd.

IDEXX Laboratories

Market Cap: US$50.2b

Develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally.

Société Générale Société anonyme

Market Cap: €42.6b

Provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally.

BOC Hong Kong (Holdings)

Market Cap: HK$386.3b

An investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally.

Alimentation Couche-Tard

Market Cap: CA$68.9b

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

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.

E.ON

Market Cap: €42.1b

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

Veeva Systems

Market Cap: US$49.1b

Provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ179.9b

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

Rocket Companies

Market Cap: US$47.7b

Provides spanning mortgage, real estate, and personal finance services in the United States and Canada.

Kotak Mahindra Bank

Market Cap: ₹4.2t

Provides a range of banking and financial services to corporate and individual customers in India.

KBC Group

Market Cap: €40.3b

Provides banking, insurance, and asset management services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

Monolithic Power Systems

Market Cap: US$46.4b

Designs, develops, markets, and sells semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets in the United States, China, Taiwan, South Korea, Europe, Southeast Asia, Japan, and internationally.

People's Insurance Company (Group) of China

Market Cap: HK$360.5b

An investment holding company, provides insurance products and services in the People’s Republic of China and Hong Kong.

Qatar National Bank (Q.P.S.C.)

Market Cap: ر.ق168.5b

Provides conventional and Islamic banking products and services in Qatar, Europe, North America, rest of GCC countries, and internationally.

NAURA Technology Group

Market Cap: CN¥327.5b

Engages in the research and development, production, sale, and technical services of semiconductors in the People's Republic of China.

American International Group

Market Cap: US$46.0b

Offers insurance products for commercial, institutional, and individual customers in North America and internationally.

Loblaw Companies

Market Cap: CA$63.5b

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.

United Overseas Bank

Market Cap: S$58.8b

Provides banking products and services worldwide.

Edwards Lifesciences

Market Cap: US$44.9b

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

China Pacific Insurance (Group)

Market Cap: CN¥318.1b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Kuwait Finance House K.S.C.P

Market Cap: د.ك13.6b

Provides Islamic banking products and services in the Middle East, Europe, and internationally.

Standard Chartered

Market Cap: UK£33.0b

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

ACWA Power

Market Cap: ر.س165.0b

Engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia, the Middle East, Asia, and Africa.

Holcim

Market Cap: CHF 35.0b

Provides building materials and solutions worldwide.