Pakistani Household Defensive Blue Chips

QUALCOMM

Market Cap: US$168.7b

Engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

Allianz

Market Cap: €140.6b

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.

Applied Materials

Market Cap: US$152.5b

Engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries.

Boston Scientific

Market Cap: US$151.9b

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

Arm Holdings

Market Cap: US$150.0b

Arm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers.

Progressive

Market Cap: US$146.1b

Operates as an insurance company in the United States.

Stryker

Market Cap: US$144.9b

Operates as a medical technology company.

Ping An Insurance (Group) Company of China

Market Cap: CN¥1.0t

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

Banco Santander

Market Cap: €122.2b

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

Delta

Market Cap: US$18.3b

Manufactures and distributes cold beverages in Zimbabwe.

EssilorLuxottica Société anonyme

Market Cap: €120.8b

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

China Life Insurance

Market Cap: HK$1.1t

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

Micron Technology

Market Cap: US$139.1b

Designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Singapore, Japan, Malaysia, China, India, and internationally.

SK hynix

Market Cap: ₩190.9t

Engages in the manufacture, distribution, and sale of semiconductor products in Korea, China, rest of Asia, the United States, and Europe.

Lam Research

Market Cap: US$135.1b

Designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits.

Bharti Airtel

Market Cap: ₹11.2t

Operates as a telecommunications company in India and internationally.

Toronto-Dominion Bank

Market Cap: CA$176.7b

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

KLA

Market Cap: US$125.3b

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

UniCredit

Market Cap: €107.4b

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

British American Tobacco

Market Cap: UK£91.7b

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

Iberdrola

Market Cap: €103.1b

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.

Anheuser-Busch InBev

Market Cap: €102.6b

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

Medtronic

Market Cap: US$119.0b

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

Analog Devices

Market Cap: US$117.9b

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: ₹10.2t

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

Intesa Sanpaolo

Market Cap: €95.7b

Provides various financial products and services primarily in Italy.

DBS Group Holdings

Market Cap: S$143.3b

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

Altria Group

Market Cap: US$110.0b

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

Chubb

Market Cap: US$109.7b

Provides insurance and reinsurance products worldwide.

Banco Bilbao Vizcaya Argentaria

Market Cap: €94.1b

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

AXA

Market Cap: €93.3b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

BNP Paribas

Market Cap: €92.7b

Provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Sumitomo Mitsui Financial Group

Market Cap: JP¥15.7t

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

Marsh & McLennan Companies

Market Cap: US$102.9b

A professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide.

Zurich Insurance Group

Market Cap: CHF 82.8b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.