U.K. Utilities Defensive Blue Chips

Alinma Bank

Market Cap: ر.س61.1b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Fidelity National Financial

Market Cap: US$16.0b

Provides various insurance products in the United States.

Saudi Electricity

Market Cap: ر.س59.7b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Qnity Electronics

Market Cap: US$15.9b

Provides materials and solutions to the semiconductor and electronics industries worldwide.

US Foods Holding

Market Cap: US$15.9b

Engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

E.SUN Financial Holding Company

Market Cap: NT$498.2b

Provides various financial banking products and services in Taiwan.

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

Punjab National Bank

Market Cap: ₹1.4t

Provides various banking and financial products and services in India and internationally.

Jerónimo Martins SGPS

Market Cap: €13.5b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

Unipol Assicurazioni

Market Cap: €13.5b

Provides insurance products and services primarily in Italy.

Wilmar International

Market Cap: S$20.4b

Operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally.

Bank of Hangzhou

Market Cap: CN¥110.8b

Provides various banking products and services for individuals, corporate, and small and micro businesses in China.

Huaneng Power International

Market Cap: HK$121.3b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China and internationally.

Shanghai United Imaging Healthcare

Market Cap: CN¥110.5b

Shanghai United Imaging Healthcare Co., Ltd.

Hua Xia Bank

Market Cap: CN¥110.3b

Provides commercial banking services in China and Hong Kong.

Erie Indemnity

Market Cap: US$15.5b

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

Attijariwafa bank

Market Cap: د.م143.7b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

SDIC Power Holdings

Market Cap: CN¥109.7b

Engages in the electricity generation business in China.

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

Market Cap: ر.ق56.1b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Vodacom Group

Market Cap: R266.1b

Provides communications products and services.

Grupo Cibest

Market Cap: Col$58.3t

Provides various banking products and services in Colombia and internationally.

Telia Company

Market Cap: SEK 146.2b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

Metro

Market Cap: CA$21.5b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

JBS

Market Cap: US$15.2b

Operates as a protein and food company worldwide.

Lasertec

Market Cap: JP¥2.4t

Engages in the designing, manufacturing, and sale of inspection and measurement equipment in Japan and internationally.

Performance Food Group

Market Cap: US$15.2b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Ambuja Cements

Market Cap: ₹1.3t

Manufactures, markets, and sells cement and related products to individual homebuilders, developers, infrastructure projects, masons and contractors, professionals, and architects and engineers in India.

Ryan Specialty Holdings

Market Cap: US$15.1b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, and Singapore.

Aier Eye Hospital Group

Market Cap: CN¥107.4b

Operates as a ophthalmology chain medical company in China, Hong Kong, Europe, the United States, and Southeast Asia.

Cooper Companies

Market Cap: US$15.0b

Develops, manufactures, and markets contact lens wearers.

Canara Bank

Market Cap: ₹1.3t

Provides various banking products and services in India and internationally.

Tryg

Market Cap: DKK 96.4b

Provides insurance products and services for private and corporate customers, and small and medium-sized businesses in Denmark, Sweden, the United Kingdom, and Norway.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$1.9b

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

Uniper

Market Cap: €12.8b

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

bioMérieux

Market Cap: €12.7b

Develops, manufactures, and markets in vitro diagnostic solutions for infectious diseases in France, Europe, Africa, the Middle East, North and South America, the Asia Pacific, and internationally.