Mexican Utilities Defensive Blue Chips

Nestlé India

Market Cap: ₹2.4t

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

Qnity Electronics

Market Cap: US$26.0b

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.

ABN AMRO Bank

Market Cap: €22.4b

Provides various banking products and financial services to retail, private, and business clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Citizens Financial Group

Market Cap: US$26.0b

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.

China National Nuclear Power

Market Cap: CN¥178.5b

Engages in the investment, development, construction, operation, and management of nuclear power projects in the People's Republic of China.

Telefônica Brasil

Market Cap: R$135.0b

Operates as a mobile telecommunications company in Brazil.

Gulf Development

Market Cap: ฿806.8b

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

Casey's General Stores

Market Cap: US$25.5b

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

VERBUND

Market Cap: €21.9b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ92.6b

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

EnBW Energie Baden-Württemberg

Market Cap: €21.7b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

BPER Banca

Market Cap: €21.6b

Provides banking products and services for individuals, and businesses and professionals in Italy and internationally.

Snam

Market Cap: €21.3b

Engages in the operation of natural gas transport and storage infrastructure.

Brown & Brown

Market Cap: US$24.6b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally.

China Tower

Market Cap: HK$190.7b

Provides telecommunication tower infrastructure services in the People's Republic of China.

STERIS

Market Cap: US$24.3b

Provides infection prevention products and services worldwide.

Samsung Life Insurance

Market Cap: ₩35.5t

Engages in the life insurance business to corporate and individual customers in South Korea and internationally.

Telenor

Market Cap: NOK 234.9b

Operates as a telecommunication company worldwide.

Regions Financial

Market Cap: US$24.2b

A financial holding company, provides various banking and related products and services to individual and corporate customers.

Resona Holdings

Market Cap: JP¥3.8t

Through its subsidiaries, engages in the provision retail and commercial banking products and services in Japan and internationally.

United Microelectronics

Market Cap: NT$755.3b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

China Minsheng Banking

Market Cap: CN¥164.6b

Provides banking products and services in the People's Republic of China.

Dollar Tree

Market Cap: US$23.8b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

Banco Santander (Brasil)

Market Cap: R$125.2b

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

Banco de Crédito del Perú

Market Cap: S/81.1b

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

Public Bank Berhad

Market Cap: RM 93.5b

Provides banking products and services.

CLP Holdings

Market Cap: HK$185.3b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Cellnex Telecom

Market Cap: €20.4b

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

Labcorp Holdings

Market Cap: US$23.6b

Provides laboratory services.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥161.5b

Inner Mongolia Yili Industrial Group Co., Ltd.

Bunge Global

Market Cap: US$23.3b

Operates as an agribusiness and food company worldwide.

Telefónica

Market Cap: €20.1b

Provides telecommunications services in Europe and Latin America.

Loews

Market Cap: US$23.1b

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

Quest Diagnostics

Market Cap: US$23.1b

Provides diagnostic testing and services in the United States.

Coca-Cola FEMSA. de

Market Cap: US$23.1b

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

QBE Insurance Group

Market Cap: AU$32.5b

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