French Transportation Defensive Blue Chips

iA Financial

Market Cap: CA$18.4b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

J. M. Smucker

Market Cap: US$13.1b

Manufactures and markets branded food and beverage products worldwide.

Tokyo GasLtd

Market Cap: JP¥2.0t

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

HKT Trust and HKT

Market Cap: HK$102.1b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Carrefour

Market Cap: €11.3b

Operates as a food retailer in France, Spain, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, Asia, and internationally.

Chubu Electric Power Company

Market Cap: JP¥2.0t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Taiwan Cooperative Financial Holding

Market Cap: NT$421.8b

Provides banking, insurance, securities, bills finance, investment trust, asset management, and capital management services in Taiwan.

CP ALL

Market Cap: ฿432.2b

Operates convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internationally.

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥87.1b

Engages in the generation and sale of electricity in China.

Yokohama Financial Group

Market Cap: JP¥2.0t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

MTN Nigeria Communications

Market Cap: ₦17.6t

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

China Resources Power Holdings

Market Cap: HK$100.4b

An investment holding company, invests in, develops, operates, and manages power plants and coal mine projects in the People’s Republic of China.

Israel Discount Bank

Market Cap: ₪39.1b

Provides various banking and financial services in Israel, Europe, and North America.

Uni-President Enterprises

Market Cap: NT$414.8b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

KT&G

Market Cap: ₩18.2t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

GlobalWafers

Market Cap: NT$414.0b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

Dangote Cement

Market Cap: ₦17.3t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Etihad Etisalat

Market Cap: ر.س47.7b

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

Almarai

Market Cap: ر.س47.7b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Coca-Cola Consolidated

Market Cap: US$12.6b

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

HDFC Life Insurance

Market Cap: ₹1.2t

Engages in the provision of individual and group insurance solutions in India.

Penumbra

Market Cap: US$12.6b

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

Jerónimo Martins SGPS

Market Cap: €10.9b

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

BJ's Wholesale Club Holdings

Market Cap: US$12.6b

Operates membership warehouse clubs on the eastern half of the United States.

Webster Financial

Market Cap: US$12.5b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Nova

Market Cap: US$12.5b

Engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.

Shanghai Rural Commercial Bank

Market Cap: CN¥84.5b

Engages in commercial banking business in China.

Onto Innovation

Market Cap: US$12.5b

Engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.

Aier Eye Hospital Group

Market Cap: CN¥84.0b

Operates as an ophthalmic medical company in China, Hong Kong, Europe, the United States, Europe, and Southeast Asia.

Align Technology

Market Cap: US$12.4b

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

Olympus

Market Cap: JP¥1.9t

Engages in the manufacture and sale of medical equipment in Japan, America, the Middle East, Asia, and Oceania.

SK Telecom

Market Cap: ₩17.5t

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

Erie Indemnity

Market Cap: US$12.2b

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

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

First Horizon

Market Cap: US$12.1b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

Tele2

Market Cap: SEK 114.7b

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