Qatari Automobiles Defensive Blue Chips

Great-West Lifeco

Market Cap: CA$51.5b

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

MS&AD Insurance Group Holdings

Market Cap: JP¥5.5t

An insurance holding company, engages in the provision of insurance and financial services worldwide.

Telstra Group

Market Cap: AU$57.0b

Provides telecommunications and information services in Australia and internationally.

FBC Holdings

Market Cap: US$4.8b

Through its subsidiaries, provides commercial and wholesale banking, mortgage financing, micro lending, reinsurance, short-term insurance, and stockbroking services in Zimbabwe.

Hershey

Market Cap: US$36.8b

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

Koninklijke Ahold Delhaize

Market Cap: €31.6b

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

Consolidated Edison

Market Cap: US$36.7b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

Martin Marietta Materials

Market Cap: US$36.7b

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

Talanx

Market Cap: €31.1b

Provides insurance and reinsurance products and services worldwide.

Humana

Market Cap: US$36.0b

Provides medical and specialty insurance products in the United States.

Intact Financial

Market Cap: CA$49.8b

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

Danske Bank

Market Cap: DKK 227.4b

Provides various banking products and services to corporate, institutional, and international clients.

Cardinal Health

Market Cap: US$35.4b

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

Hannover Rück

Market Cap: €30.4b

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

Avenue Supermarts

Market Cap: ₹3.1t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

Ambev

Market Cap: R$190.4b

Through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥250.9b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Arch Capital Group

Market Cap: US$34.7b

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

Prudential

Market Cap: UK£25.6b

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

Chunghwa Telecom

Market Cap: NT$1.1t

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

GE HealthCare Technologies

Market Cap: US$34.3b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

CBZ Holdings

Market Cap: US$4.4b

Provides various banking and financial products and services to retail and corporate customers in Zimbabwe.

Ping An Bank

Market Cap: CN¥241.6b

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

Imperial Brands

Market Cap: UK£25.0b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 27.2b

Engages in the manufacture and sale of chocolate products worldwide.

Seven & i Holdings

Market Cap: JP¥5.0t

Operates convenience stores, superstores, and department stores in Japan, North America, and internationally.

Kraft Heinz

Market Cap: US$33.2b

Manufactures and markets food and beverage products in North America and internationally.

Foshan Haitian Flavouring and Food

Market Cap: CN¥237.2b

Foshan Haitian Flavouring and Food Company Ltd.

Willis Towers Watson

Market Cap: US$33.1b

Operates as an advisory, broking, and solutions company worldwide.

Sun Life Financial

Market Cap: CA$45.8b

A financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.

Swedbank

Market Cap: SEK 311.6b

Provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

Endesa

Market Cap: €27.9b

Engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, the United Kingdom, Switzerland, Luxembourg, the Netherlands, Singapore, Italy, Morocco, and internationally.

DexCom

Market Cap: US$32.3b

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

Invest bank P.S.C

Market Cap: د.إ118.4b

A commercial bank, provides a range of financial products and services to corporate and retail customers in the United Arab Emirates and Lebanon.

Aeon

Market Cap: JP¥4.7t

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

China Everbright Bank

Market Cap: CN¥228.2b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.