Mexican Transportation Defensive Blue Chips

Verizon Communications

Market Cap: US$170.2b

Through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.

Mitsubishi UFJ Financial Group

Market Cap: JP¥25.4t

Operates as a bank holding company that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally.

EssilorLuxottica Société anonyme

Market Cap: €144.1b

Designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in North America, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific.

Deutsche Telekom

Market Cap: €142.2b

Provides integrated telecommunication services worldwide.

Texas Instruments

Market Cap: US$159.5b

Designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States, China, rest of Asia, Europe, Middle East, Africa, Japan, and internationally.

Intuitive Surgical

Market Cap: US$155.8b

Develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally.

Allianz

Market Cap: €132.3b

Provides property-casualty insurance, life/health insurance, and asset management products and services Internationally.

China Merchants Bank

Market Cap: CN¥1.1t

Provides various banking products and services.

Delta

Market Cap: US$19.1b

Manufactures and distributes cold beverages in Zimbabwe.

Boston Scientific

Market Cap: US$144.9b

Develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide.

KLA

Market Cap: US$144.7b

Designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide.

Banco Santander

Market Cap: €122.8b

Provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.

China Life Insurance

Market Cap: HK$1.1t

Operates as a life insurance company in the People’s Republic of China.

Stryker

Market Cap: US$141.2b

Operates as a medical technology company.

Ping An Insurance (Group) Company of China

Market Cap: CN¥977.3b

Ping An Insurance (Group) Company of China, Ltd.

Bharti Airtel

Market Cap: ₹12.1t

Operates as a telecommunications company in India and internationally.

Toronto-Dominion Bank

Market Cap: CA$189.8b

Provides various financial products and services in Canada, the United States, and internationally.

Progressive

Market Cap: US$130.0b

Operates as an insurance company in the United States.

Iberdrola

Market Cap: €110.1b

Engages in the generation, production, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia.

Constellation Energy

Market Cap: US$123.9b

Produces and sells energy products and services in the United States.

Medtronic

Market Cap: US$121.9b

Develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.

Anheuser-Busch InBev

Market Cap: €104.2b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

Analog Devices

Market Cap: US$118.9b

Engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia.

ICICI Bank

Market Cap: ₹10.3t

Engages in the provision of various banking and financial services to retail and corporate customers in India and internationally.

Al Rajhi Banking and Investment

Market Cap: ر.س432.8b

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

DBS Group Holdings

Market Cap: S$147.6b

Provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally.

British American Tobacco

Market Cap: UK£83.6b

Provides tobacco and nicotine products to consumers in the Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States.

UniCredit

Market Cap: €95.9b

Provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe.

Banco Bilbao Vizcaya Argentaria

Market Cap: €95.9b

Provides retail banking, wholesale banking, and asset management services primarily in Spain, Mexico, Turkey, South America, rest of Europe, the United States, and Asia.

Intesa Sanpaolo

Market Cap: €94.3b

Provides various financial products and services in Italy, Central/Eastern Europe, the Middle East, and North Africa.

Altria Group

Market Cap: US$107.9b

Through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States.

Chubb

Market Cap: US$106.9b

Provides insurance and reinsurance products worldwide.

Abu Dhabi National Energy Company PJSC

Market Cap: د.إ387.9b

Operates as an integrated utility company in the United Arab Emirates, North America, Europe, Africa, and internationally.

CVS Health

Market Cap: US$103.2b

Provides health solutions in the United States.

Enel

Market Cap: €86.5b

Operates as an integrated operator in electricity and gas industries worldwide.

Sumitomo Mitsui Financial Group

Market Cap: JP¥15.0t

Provides banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania.