Mexican Commercial Services Defensive Blue Chips

Alibaba Health Information Technology

Market Cap: HK$104.6b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

Brown-Forman

Market Cap: US$13.4b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

Hua Nan Financial Holdings

Market Cap: NT$405.7b

Engages in the banking, securities, insurance, venture capital and asset management activities in Taiwan and internationally.

CNA Financial

Market Cap: US$13.2b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States and internationally.

SCB X

Market Cap: ฿425.9b

Engages banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

FinecoBank Banca Fineco

Market Cap: €11.3b

Provides banking, credit, trading and investment services in Italy.

T&D Holdings

Market Cap: JP¥2.0t

Through its subsidiaries, provides insurance products and services primarily in Japan.

CP ALL

Market Cap: ฿424.3b

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

Bankinter

Market Cap: €11.2b

Provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain.

Helvetia Holding

Market Cap: CHF 10.5b

Engages in life and non-life insurance, and reinsurance business in Switzerland, Germany, Austria, Spain, Italy, France, and internationally.

Mashreqbank PSC

Market Cap: د.إ48.1b

Provides various banking and financial services to individuals and corporates.

ageas

Market Cap: €11.2b

Engages in insurance business.

Fisher & Paykel Healthcare

Market Cap: NZ$22.3b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Reinsurance Group of America

Market Cap: US$13.1b

Provides reinsurance and financial solutions.

Bank Polska Kasa Opieki

Market Cap: zł47.3b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

NMBZ Holdings

Market Cap: US$1.7b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

National Bank of Greece

Market Cap: €11.1b

Provides financial products and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom.

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

JBS

Market Cap: US$12.9b

Operates as a protein and food company worldwide.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

Woori Financial Group

Market Cap: ₩17.8t

Operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

Doximity

Market Cap: US$12.8b

Operates as a digital platform for medical professionals in the United States.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 55.6b

Produces and supplies hydro, wind, and energy electricity in Romania.

Dino Polska

Market Cap: zł46.5b

Operates a network of mid-sized grocery supermarkets under the Dino brand name in Poland.

Almarai

Market Cap: ر.س48.1b

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

Etihad Etisalat

Market Cap: ر.س48.0b

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

Cochlear

Market Cap: AU$19.5b

Provides implantable hearing solutions for children and adults worldwide.

BJ's Wholesale Club Holdings

Market Cap: US$12.7b

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

Apollo Hospitals Enterprise

Market Cap: ₹1.1t

Provides healthcare services in India.

Encompass Health

Market Cap: US$12.5b

Provides post-acute healthcare services in the United States and Puerto Rico.

Kasikornbank

Market Cap: ฿402.8b

Provides commercial banking products and services in Thailand and internationally.

BDO Unibank

Market Cap: ₱711.4b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Unum Group

Market Cap: US$12.4b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

GD Power DevelopmentLtd

Market Cap: CN¥88.8b

Operates as a power generation company in China.

Taiwan Cooperative Financial Holding

Market Cap: NT$379.5b

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

Banco Comercial Português

Market Cap: €10.6b

Engages in the provision of various banking and financial products and services in Portugal and internationally.