French Semiconductors Defensive Blue Chips

Ajinomoto

Market Cap: JP¥3.2t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

Insulet

Market Cap: US$21.9b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

QBE Insurance Group

Market Cap: AU$33.9b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

CLP Holdings

Market Cap: HK$169.3b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

CMS Energy

Market Cap: US$21.6b

Operates as an energy company primarily in Michigan.

Coloplast

Market Cap: DKK 143.9b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

BT Group

Market Cap: UK£16.0b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Straumann Holding

Market Cap: CHF 17.8b

Provides tooth replacement and orthodontic solutions worldwide.

EnBW Energie Baden-Württemberg

Market Cap: €19.0b

Operates as an integrated energy company in Germany, rest of Europe, and internationally.

Bank of Shanghai

Market Cap: CN¥151.3b

Provides various personal and corporate banking products and services primarily in Mainland China.

Standard Bank Group

Market Cap: R381.1b

Provides financial products and services in South Africa and internationally.

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a private life insurance company in India.

Bank Hapoalim B.M

Market Cap: ₪73.4b

Provides various banking and financial services in Israel and internationally.

Labcorp Holdings

Market Cap: US$20.6b

Provides laboratory services.

Asahi Group Holdings

Market Cap: JP¥3.0t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Varun Beverages

Market Cap: ₹1.7t

Manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands.

McCormick

Market Cap: US$20.4b

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

ASE Technology Holding

Market Cap: NT$617.1b

Provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally.

Aviva

Market Cap: UK£15.3b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, and internationally.

Dollar General

Market Cap: US$20.2b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

GlobalFoundries

Market Cap: US$20.1b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide.

OTP Bank Nyrt

Market Cap: Ft7.3t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

Public Bank Berhad

Market Cap: RM 85.8b

Provides banking products and services.

BNP Paribas Fortis

Market Cap: €18.0b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

Quest Diagnostics

Market Cap: US$19.8b

Provides diagnostic testing and services in the United States and internationally.

Telenor

Market Cap: NOK 206.2b

Operates as a telecommunication company worldwide.

Tyson Foods

Market Cap: US$19.7b

Operates as a food company worldwide.

Associated British Foods

Market Cap: UK£14.9b

Operates as a diversified food, ingredients, and retail company worldwide.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ71.9b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Coca-Cola FEMSA. de

Market Cap: US$19.5b

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

Eastroc Beverage(Group)

Market Cap: CN¥140.7b

Engages in the research and development, production, and sales of beverages in China.

Mega Financial Holding

Market Cap: NT$591.1b

Provides various financial services.

Tenaga Nasional Berhad

Market Cap: RM 83.4b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally.

United Microelectronics

Market Cap: NT$583.2b

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

Coles Group

Market Cap: AU$29.8b

Operates as a retailer in Australia.

Regions Financial

Market Cap: US$19.0b

A financial holding company, provides various banking and related products and services to individual and corporate customers.