French Utilities Defensive Blue Chips

Naturgy Energy Group

Market Cap: €27.6b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

Centene

Market Cap: US$31.3b

Operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States.

Grupo Financiero Banorte. de

Market Cap: Mex$545.4b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

Bank of Jiangsu

Market Cap: CN¥210.9b

Provides various banking products and services in China.

Bank of Ningbo

Market Cap: CN¥210.1b

Provides various personal and business banking products and services in the People's Republic of China.

Credicorp

Market Cap: US$30.9b

Provides various banking services and products in Peru, Bermuda, Colombia, Bolivia, Panama, Chile, the United States, the Cayman Islands, and Mexico.

Foshan Haitian Flavouring and Food

Market Cap: CN¥207.7b

Foshan Haitian Flavouring and Food Company Ltd.

Kraft Heinz

Market Cap: US$30.4b

Manufactures and markets food and beverage products in North America and internationally.

Citizens Financial Group

Market Cap: US$30.4b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$3.9b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Veeva Systems

Market Cap: US$30.3b

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

Seven & i Holdings

Market Cap: JP¥4.9t

Operates convenience stores in Japan, North America, and internationally.

Veolia Environnement

Market Cap: €26.4b

Designs and provides water, waste, and energy management solutions.

Atmos Energy

Market Cap: US$29.9b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Svenska Handelsbanken

Market Cap: SEK 289.1b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Ajinomoto

Market Cap: JP¥4.8t

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

Ørsted

Market Cap: DKK 193.9b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, and energy storage and combined heat and power (CHP) plants.

GLOBALFOUNDRIES

Market Cap: US$29.4b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies in the United States, Europe, the Middle East, Africa, and internationally.

W. R. Berkley

Market Cap: US$29.3b

An insurance holding company, operates as a commercial line writer worldwide.

Sampo Oyj

Market Cap: €25.6b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

Nestlé India

Market Cap: ₹2.8t

Engages in the manufacture and sale of food products in India and internationally.

Gulf Development

Market Cap: ฿974.8b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

Sumitomo Mitsui Trust Group

Market Cap: JP¥4.7t

Operates as a trust bank in Japan and internationally.

Hangzhou Changchuan TechnologyLtd

Market Cap: CN¥192.8b

Researches and develops, produces, and sells integrated circuit equipment in China and internationally.

Fresenius SE KGaA

Market Cap: €25.0b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

AXIA Energia

Market Cap: R$145.1b

Through its subsidiaries, engages in the generation, transmission, distribution, and commercialization of electricity in Brazil.

Cincinnati Financial

Market Cap: US$28.3b

Provides property casualty insurance products in the United States.

Qnity Electronics

Market Cap: US$28.3b

Provides materials and solutions to the semiconductor and electronics industries in the United States, rest of Americas, Europe, the Middle East, Africa, Asia Pacific, China, South Korea, Taiwan, and internationally.

ResMed

Market Cap: US$28.2b

Develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the United States and internationally.

Power Grid Corporation of India

Market Cap: ₹2.7t

An electric power transmission utility, engages in the power transmission business in India and internationally.

Willis Towers Watson

Market Cap: US$27.9b

Operates as an advisory, broking, and solutions company worldwide.

George Weston

Market Cap: CA$39.0b

Provides food and drug retailing, and financial services in Canada.

Amrize

Market Cap: CHF 22.6b

Engages in the provision of various building solutions for infrastructure, commercial, and residential construction markets in North America and Canada.

DexCom

Market Cap: US$27.6b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally.

Banco de Crédito del Perú

Market Cap: S/94.0b

Provides banking products and services to individuals, small and medium-sized enterprises (SME), and companies in Peru, Panama, and the United States.

GE HealthCare Technologies

Market Cap: US$27.6b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.