Luxembourg Tech Defensive Blue Chips

Luzhou LaojiaoLtd

Market Cap: CN¥154.8b

Produces and sells alcoholic products in China and internationally.

Loews

Market Cap: US$22.4b

Through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally.

Cellnex Telecom

Market Cap: €19.4b

Engages in the management of terrestrial telecommunications infrastructures in France, Italy, the United Kingdom, Spain, Poland, the Netherlands, Portugal, Switzerland, Denmark, Sweden, Ireland, and Austria.

Labcorp Holdings

Market Cap: US$22.3b

Provides laboratory services.

Quest Diagnostics

Market Cap: US$22.0b

Provides diagnostic testing and services in the United States.

AIB Group

Market Cap: €19.1b

Provides banking and financial products and services to personal, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

CIMB Group Holdings Berhad

Market Cap: RM 86.3b

Provides various banking products and services in Malaysia and internationally.

First Citizens BancShares

Market Cap: US$21.9b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

Fortum Oyj

Market Cap: €19.0b

Engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally.

Banco Santander (Brasil)

Market Cap: R$114.2b

Provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally.

Sigma Healthcare

Market Cap: AU$30.7b

Operates as a retail pharmacy franchisor and pharmaceutical wholesale and distributor to community pharmacies primarily in Australia.

STERIS

Market Cap: US$21.7b

Provides infection prevention products and services worldwide.

Coca-Cola HBC

Market Cap: UK£16.3b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

QBE Insurance Group

Market Cap: AU$30.6b

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

Sumitomo Mitsui Trust Group

Market Cap: JP¥3.4t

Operates as a trust bank in Japan and internationally.

Coca-Cola FEMSA. de

Market Cap: US$21.5b

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

First Solar

Market Cap: US$21.5b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

KeyCorp

Market Cap: US$21.4b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Credo Technology Group Holding

Market Cap: US$21.4b

Provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

Astera Labs

Market Cap: US$21.2b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

Tyson Foods

Market Cap: US$21.1b

Operates as a food company worldwide.

SBI Life Insurance

Market Cap: ₹1.9t

Operates as a private life insurance company in India.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ77.3b

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

Koninklijke KPN

Market Cap: €18.2b

Provides telecommunications and information technology (IT) services in the Netherlands.

Heineken Holding

Market Cap: €18.1b

Engages in brewing and selling beer and cider in the Netherlands, Europe, the Americas, Africa & Middle East, Asia Pacific and internationally.

LONGi Green Energy Technology

Market Cap: CN¥143.1b

Manufactures and sells photovoltaic products in China, Europe, the Asia Pacific, and the United States.

CK Infrastructure Holdings

Market Cap: HK$162.3b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Humana

Market Cap: US$20.5b

Provides medical and specialty insurance products in the United States.

IHH Healthcare Berhad

Market Cap: RM 80.4b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

Lasertec

Market Cap: JP¥3.3t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

Tenet Healthcare

Market Cap: US$20.4b

Operates as a diversified healthcare services company in the United States.

Hana Financial Group

Market Cap: ₩30.4t

Through its subsidiaries, provides financial services in South Korea, Hong Kong, Singapore, the United States, Japan, China, Indonesia, the United Kingdom, Canada, and internationally.

OmniVision Integrated Circuits Group

Market Cap: CN¥140.4b

OmniVision Integrated Circuits Group, Inc.

JD Health International

Market Cap: HK$159.4b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

NN Group

Market Cap: €17.5b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

HANMI Semiconductor

Market Cap: ₩30.1t

Manufactures and sells semiconductor equipment in South Korea and internationally.