Nigerian Consumer Durables Defensive Blue Chips

Vulcan Materials

Market Cap: US$36.9b

Produces and supplies construction aggregates in the United States.

Prudential

Market Cap: UK£27.2b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

M&T Bank

Market Cap: US$36.5b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

SJ Semiconductor

Market Cap: CN¥246.3b

Operates as an integrated circuit wafer-level advanced packaging and testing company in China and internationally.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł135.5b

Provides various banking products and services in Poland and internationally.

Hon. Precision

Market Cap: NT$1.2t

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

Hershey

Market Cap: US$36.0b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

BPER Banca

Market Cap: €30.9b

Engages in the provision of banking products and services for individuals, and businesses and professionals in Italy and internationally.

Intact Financial

Market Cap: CA$49.9b

Through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally.

Bank Leumi le-Israel B.M

Market Cap: ₪107.1b

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

Huntington Bancshares

Market Cap: US$35.5b

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

Vodafone Group

Market Cap: UK£26.3b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

Kroger

Market Cap: US$35.4b

Operates as a food and drug retailer in the United States.

CEZ a. s

Market Cap: Kč734.9b

Engages in the generation, distribution, trade, and sale of electricity, heat, thermal energy and other commodities in Central Europe.

Koninklijke Ahold Delhaize

Market Cap: €30.1b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Hannover Rück

Market Cap: €30.0b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Talanx

Market Cap: €29.9b

Provides insurance and reinsurance products and services worldwide.

Capitec

Market Cap: R565.4b

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

Shinhan Financial Group

Market Cap: ₩49.2t

Provides financial products and services in South Korea, Vietnam, and Japan.

Veeva Systems

Market Cap: US$34.4b

Provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.

Fairfax Financial Holdings

Market Cap: CA$48.1b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in Canada, the United States, the Middle East and Asia, and internationally.

Alcon

Market Cap: CHF 27.7b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

Arch Capital Group

Market Cap: US$33.8b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ122.8b

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

Martin Marietta Materials

Market Cap: US$33.4b

A natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.

Standard Bank Group

Market Cap: R546.1b

Provides financial products and services in South Africa and internationally.

Advanced Info Service

Market Cap: ฿1.1t

Operates as a telecommunications company primarily in Thailand.

Heidelberg Materials

Market Cap: €28.5b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Chunghwa Telecom

Market Cap: NT$1.1t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

DexCom

Market Cap: US$32.8b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally.

Swiss Life Holding

Market Cap: CHF 26.5b

Provides life, pensions, and financial solutions for private and corporate clients.

Bank Hapoalim B.M

Market Cap: ₪98.2b

Provides various banking and financial services in Israel, North America, Europe, and internationally.

Federal National Mortgage Association

Market Cap: US$32.5b

Provides financing solutions for residential mortgages in the United States.

Resona Holdings

Market Cap: JP¥5.1t

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

Ping An Bank

Market Cap: CN¥218.3b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Ajinomoto

Market Cap: JP¥5.1t

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