Portuguese Insurance Defensive Blue Chips

CRH

Market Cap: US$63.9b

Provides building materials solutions in Ireland, the United States, the United Kingdom, rest of Europe, and internationally.

Arthur J. Gallagher

Market Cap: US$63.6b

Provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide.

China CITIC Bank

Market Cap: CN¥414.4b

Provides various banking products and services in the People’s Republic of China and internationally.

MetLife

Market Cap: US$61.4b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

Aflac

Market Cap: US$60.7b

Through its subsidiaries, provides supplemental health and life insurance products.

Nongfu Spring

Market Cap: HK$474.2b

Produces and sells packaged drinking water and beverage products primarily in Mainland China.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ221.0b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.

KBC Group

Market Cap: €51.9b

Provides banking, insurance, and asset management services in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

Cerebras Systems

Market Cap: US$59.9b

Operates as an artificial intelligence infrastructure company.

Alimentation Couche-Tard

Market Cap: CA$83.0b

Operates and licenses convenience stores in North America, Europe, and Asia.

Cencora

Market Cap: US$59.6b

Cencora, Inc. sources and distributes pharmaceutical products in the United States and internationally.

Great-West Lifeco

Market Cap: CA$82.2b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

NXP Semiconductors

Market Cap: US$58.7b

Provides semiconductor products in the United States, Germany, Japan, South Korea, Taiwan, Singapore, the Netherlands, Mainland China, Hong Kong, and internationally.

Saudi Telecom

Market Cap: ر.س217.8b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

Fubon Financial Holding

Market Cap: NT$1.8t

Provides various financial products and services in Taiwan, Asia, and internationally.

Singapore Telecommunications

Market Cap: S$72.5b

Provides telecommunication services in Singapore, Australia, and internationally.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥381.5b

Advanced Micro-Fabrication Equipment Inc.

Sempra

Market Cap: US$56.2b

Engages in the regulated utilities business in the United States and Mexico.

Industrial Bank

Market Cap: CN¥377.8b

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

Nanya Technology

Market Cap: NT$1.8t

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

Astera Labs

Market Cap: US$55.5b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States.

HOYA

Market Cap: JP¥8.8t

A med-tech company, provides high-tech and medical products in the Japan, Asia, the Americas, Europe, and internationally.

Cardinal Health

Market Cap: US$54.8b

Operates as a healthcare services and products company in the United States and internationally.

Emirates NBD Bank PJSC

Market Cap: د.إ201.2b

Engages in the provision of corporate, institutional, retail, treasury, and Islamic banking services.

Erste Group Bank

Market Cap: €47.1b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.

Life Insurance Corporation of India

Market Cap: ₹5.2t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

E.ON

Market Cap: €45.9b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

United Overseas Bank

Market Cap: S$67.4b

Provides banking products and services worldwide.

Edwards Lifesciences

Market Cap: US$52.3b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

Fifth Third Bancorp

Market Cap: US$52.2b

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

Emirates Telecommunications Group Company PJSC

Market Cap: د.إ191.3b

Provides telecommunications services, media, and related equipment in the United Arab Emirates and internationally.

Diageo

Market Cap: UK£37.9b

Engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific, Latin America and Caribbean, and Africa.

Siemens Healthineers

Market Cap: €43.9b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers in Germany, the United States, rest of Europe, CIS, Africa, the Middle East, the Americas, the Asia Pacific, Japan, and China.

Swiss Re

Market Cap: CHF 41.3b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Entergy

Market Cap: US$50.6b

Engages in the production and retail distribution of electricity in the United States.

Loblaw Companies

Market Cap: CA$70.1b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.