Dutch Consumer Retailing Defensive Blue Chips

bioMérieux

Market Cap: €13.9b

Develops and markets in vitro diagnostic solutions for infectious diseases in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Tenet Healthcare

Market Cap: US$16.3b

Operates as a diversified healthcare services company in the United States.

Fidelity National Financial

Market Cap: US$16.3b

Provides various insurance products in the United States.

GigaDevice Semiconductor

Market Cap: CN¥116.1b

Engages in the research, development, technical support, and sale of memory, microcontrollers, and sensors.

Celsius Holdings

Market Cap: US$16.2b

Develops, processes, manufactures, markets, sells, and distributes functional energy drinks in the United States, North America, Europe, the Asia Pacific, and internationally.

Saudi Electricity

Market Cap: ر.س60.7b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

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

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

Hana Financial Group

Market Cap: ₩22.2t

Through its subsidiaries, provides financial services in South Korea.

Bank of Hangzhou

Market Cap: CN¥113.7b

Provides various banking products and services to individuals, corporate, and small and micro businesses in China.

Performance Food Group

Market Cap: US$15.9b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Rede D'Or São Luiz

Market Cap: R$86.3b

Operates a network of hospitals in Brazil.

SDIC Power Holdings

Market Cap: CN¥113.3b

Engages in the electricity generation business in China.

Ambuja Cements

Market Cap: ₹1.4t

Manufactures, markets, and sells cement and related products to individual homebuilders, developers, infrastructure projects, masons and contractors, professionals, and architects and engineers in India.

Kansai Electric Power Company

Market Cap: JP¥2.3t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

Tryg

Market Cap: DKK 100.8b

Provides insurance products and services for private and corporate customers, and small and medium-sized businesses in Denmark, Sweden, the United Kingdom, and Norway.

Jerónimo Martins SGPS

Market Cap: €13.4b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

Smoore International Holdings

Market Cap: HK$122.2b

An investment holding company, engages in the provision of vaping technology solutions.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق57.0b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Jiangsu Yanghe Distillery

Market Cap: CN¥111.3b

Offers liquors and wines.

Metro

Market Cap: CA$21.3b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Fortum Oyj

Market Cap: €13.2b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

Vodacom Group

Market Cap: R271.3b

Provides communications products and services.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$83.1b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

MTN Group

Market Cap: R266.3b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Fresenius Medical Care

Market Cap: €12.9b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$1.9b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Suncorp Group

Market Cap: AU$23.0b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Unipol Assicurazioni

Market Cap: €12.8b

Provides insurance products and services primarily in Italy.

Kerry Group

Market Cap: €12.8b

Provides taste and nutrition solutions.

Huaneng Power International

Market Cap: HK$116.5b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China and internationally.

Hologic

Market Cap: US$14.9b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

Turkiye Garanti Bankasi

Market Cap: ₺613.2b

Provides various banking products and services in Turkey.

Ryan Specialty Holdings

Market Cap: US$14.9b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, and Singapore.

Telia Company

Market Cap: SEK 139.7b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

Admiral Group

Market Cap: UK£10.9b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.