Japanese Utilities Defensive Blue Chips

Malayan Banking Berhad

Market Cap: RM 128.2b

Provides commercial banking and related financial products and services.

Centene

Market Cap: US$31.7b

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

Willis Towers Watson

Market Cap: US$31.7b

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

Koninklijke Ahold Delhaize

Market Cap: €27.0b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Martin Marietta Materials

Market Cap: US$31.6b

A natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.

Svenska Handelsbanken

Market Cap: SEK 292.2b

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

Grupo Financiero Banorte. de

Market Cap: Mex$521.9b

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

Casey's General Stores

Market Cap: US$30.7b

Operates convenience stores under the Casey's and Casey’s General Store names in the United States.

Fresenius SE KGaA

Market Cap: €26.0b

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

Kraft Heinz

Market Cap: US$30.3b

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

Foshan Haitian Flavouring and Food

Market Cap: CN¥202.4b

Foshan Haitian Flavouring and Food Company Ltd.

Nestlé India

Market Cap: ₹2.8t

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

Sumitomo Mitsui Trust Group

Market Cap: JP¥4.7t

Operates as a trust bank in Japan and internationally.

Sampo Oyj

Market Cap: €25.4b

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.

Banco BPM

Market Cap: €25.2b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$3.8b

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

Credicorp

Market Cap: US$29.4b

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

TS Financial Holding

Market Cap: NT$935.5b

Provides various financial products and services.

Citizens Financial Group

Market Cap: US$29.4b

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.

Yuanjie Semiconductor Technology

Market Cap: CN¥196.9b

Yuanjie Semiconductor Technology Co., Ltd.

Gulf Development

Market Cap: ฿956.1b

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

Aviva

Market Cap: UK£21.4b

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

ON Semiconductor

Market Cap: US$29.1b

Provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally.

Piotech

Market Cap: CN¥194.9b

Engages in the research and development, production, sales, and technical services of semiconductor equipment in China.

Atmos Energy

Market Cap: US$28.8b

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

AXIA Energia

Market Cap: R$146.5b

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

Qnity Electronics

Market Cap: US$27.9b

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.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥186.8b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Bank Rakyat Indonesia (Persero)

Market Cap: Rp486.4t

Provides various banking products and services in Indonesia and internationally.

Ørsted

Market Cap: DKK 176.0b

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

Banco de Crédito del Perú

Market Cap: S/92.5b

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

American Water Works Company

Market Cap: US$27.3b

Through its subsidiaries, provides water and wastewater services in the United States.

Seven & i Holdings

Market Cap: JP¥4.3t

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

Koninklijke Philips

Market Cap: €23.2b

Operates as a health technology company in North America, the Greater China, and internationally.

BT Group

Market Cap: UK£19.9b

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

Labcorp Holdings

Market Cap: US$27.0b

Provides laboratory services.