Portuguese Consumer Durables Defensive Blue Chips

Markel Group

Market Cap: US$24.6b

Engages in the insurance business in the United States, the United Kingdom, Bermuda, Germany, rest of the European Union, Canada, and the Asia Pacific.

Principal Financial Group

Market Cap: US$24.5b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

JCET Group

Market Cap: CN¥165.4b

Provides integrated-circuit back-end and technology services in China, South Korea, the United States, and internationally.

Dollar Tree

Market Cap: US$24.3b

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

QNB Bank

Market Cap: ₺1.1t

Provides various banking and financial services in Turkey.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥164.0b

Inner Mongolia Yili Industrial Group Co., Ltd.

Coca-Cola HBC

Market Cap: UK£18.1b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

First Citizens BancShares

Market Cap: US$24.1b

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.

Public Bank Berhad

Market Cap: RM 98.0b

Provides banking products and services.

Loews

Market Cap: US$24.0b

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

Technoprobe

Market Cap: €20.9b

Produces and sells electronic circuits in Italy, Asia, the United States, and rest of Europe.

National Bank of KuwaitK.P

Market Cap: د.ك7.4b

Provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

First Solar

Market Cap: US$23.8b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

Snam

Market Cap: €20.8b

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

Terna

Market Cap: €20.7b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

BNP Paribas Fortis

Market Cap: €20.7b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

VERBUND

Market Cap: €20.7b

Generates, trades, and sells electricity in Austria, Germany, France, Romania, Spain, and Luxembourg.

Sigma Healthcare

Market Cap: AU$33.7b

Operates as a retail pharmacy franchisor and pharmaceutical wholesale and distributor to community pharmacies primarily in Australia.

Brown & Brown

Market Cap: US$23.5b

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

Bank Rakyat Indonesia (Persero)

Market Cap: Rp426.1t

Provides various banking products and services in Indonesia and internationally.

Aeon

Market Cap: JP¥3.8t

Operates in the retail industry in Japan, China, ASEAN countries, and internationally.

Telefónica

Market Cap: €20.4b

Provides telecommunications services in Spain, Brazil, Germany, and the United Kingdom.

NN Group

Market Cap: €20.3b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

Banco do Brasil

Market Cap: R$117.5b

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

Constellation Brands

Market Cap: US$23.0b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.

Quest Diagnostics

Market Cap: US$23.0b

Provides diagnostic testing and services in the United States.

Bunge Global

Market Cap: US$22.8b

Operates as an agribusiness and food company worldwide.

BE Semiconductor Industries

Market Cap: €19.9b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Labcorp Holdings

Market Cap: US$22.7b

Provides laboratory services.

MACOM Technology Solutions Holdings

Market Cap: US$22.4b

Provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum.

Telefônica Brasil

Market Cap: R$113.5b

Operates as a mobile telecommunications company in Brazil.

US Foods Holding

Market Cap: US$22.3b

US Foods Holding Corp., together with its subsidiaries, markets, sells, and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Shenzhen Techwinsemi Technology

Market Cap: CN¥150.3b

Develops, manufactures, and sells storage control chips and modules in China and internationally.

SCREEN Holdings

Market Cap: JP¥3.6t

Develops, manufactures, and markets semiconductor production equipment in Japan, Taiwan, South Korea, China, the United States, Europe, and internationally.

GlobalWafers

Market Cap: NT$707.6b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

China Minsheng Banking

Market Cap: CN¥148.2b

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