Malaysian Semiconductors Defensive Blue Chips

China Minsheng Banking

Market Cap: CN¥184.6b

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

Federal Home Loan Mortgage

Market Cap: US$25.6b

Operates in the secondary mortgage market in the United States.

Veolia Environnement

Market Cap: €22.3b

Designs and provides water, waste, and energy management solutions.

Rocket Companies

Market Cap: US$25.5b

Provides spanning mortgage, real estate, and personal finance services in the United States and Canada.

Fifth Third Bancorp

Market Cap: US$25.5b

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.

Woolworths Group

Market Cap: AU$39.2b

Operates retail stores in Australia and New Zealand.

Huaneng Lancang River Hydropower

Market Cap: CN¥181.3b

Engages in the development, construction, operation, and management of hydropower projects.

Adani Power

Market Cap: ₹2.1t

Engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPA), supplemental PPA, medium and short term PPA, and on merchant basis in India.

Grupo Financiero Banorte. de

Market Cap: Mex$480.4b

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

Ajinomoto

Market Cap: JP¥3.6t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

Power Corporation of Canada

Market Cap: CA$33.9b

An international management and holding company, provides financial services in North America, Europe, and Asia.

Markel Group

Market Cap: US$24.6b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

Atmos Energy

Market Cap: US$24.6b

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

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł91.2b

Provides various banking products and services in Poland and internationally.

Bank of Ningbo

Market Cap: CN¥176.4b

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

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س91.9b

Provides private health and ancillary services.

First Citizens BancShares

Market Cap: US$24.4b

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.

Disco

Market Cap: JP¥3.5t

Manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally.

Bank Leumi le-Israel B.M

Market Cap: ₪84.8b

Provides banking and financial services for households, small and medium enterprises, and corporations in Israel, the United Kingdom, and internationally.

STERIS

Market Cap: US$24.1b

Provides infection prevention products and services worldwide.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ88.5b

Provides banking products and services in the United Arab Emirates and internationally.

BT Group

Market Cap: UK£17.8b

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

Luzhou LaojiaoLtd

Market Cap: CN¥172.1b

Provides liquor products in China.

CGN Power

Market Cap: HK$185.6b

Generates and sells nuclear power in the People’s Republic of China.

Cincinnati Financial

Market Cap: US$23.6b

Provides property casualty insurance products in the United States.

Banco do Brasil

Market Cap: R$132.9b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

China United Network Communications

Market Cap: CN¥167.6b

Provides various telecommunication services in the People’s Republic of China.

Archer-Daniels-Midland

Market Cap: US$23.2b

Engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.

Eastroc Beverage(Group)

Market Cap: CN¥166.4b

Engages in the research and development, production, and sales of beverages in China.

QBE Insurance Group

Market Cap: AU$35.4b

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

Insulet

Market Cap: US$22.9b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

Yihai Kerry Arawana Holdings

Market Cap: CN¥164.3b

Engages in the agriculture and food processing businesses in China.

Huntington Bancshares

Market Cap: US$22.8b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States.

Sigma Healthcare

Market Cap: AU$34.9b

Operates as a pharmaceutical wholesaler, distributor, and pharmacy franchisor in Australia and internationally.

Capitec Bank Holdings

Market Cap: R399.4b

Through its subsidiaries, provides various banking products and services in South Africa.

Aviva

Market Cap: UK£16.4b

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