Qatari Transportation Defensive Blue Chips

Zimmer Biomet Holdings

Market Cap: US$19.4b

Operates as a medical technology company worldwide.

Tenaga Nasional Berhad

Market Cap: RM 83.4b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally.

Mediobanca Banca di Credito Finanziario

Market Cap: €17.2b

Provides various banking products and services in Italy and internationally.

Sonova Holding

Market Cap: CHF 16.0b

Manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ70.4b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Coca-Cola FEMSA. de

Market Cap: US$19.2b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫490.5t

Provides banking products and services.

Terna

Market Cap: €16.9b

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

Saudi Awwal Bank

Market Cap: ر.س71.1b

Provides banking and financial services in the Kingdom of Saudi Arabia.

Snam

Market Cap: €16.7b

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

HDFC Life Insurance

Market Cap: ₹1.6t

Provides individual and group insurance solutions in India.

Alinma Bank

Market Cap: ر.س70.3b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Loews

Market Cap: US$18.7b

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

Dollar Tree

Market Cap: US$18.7b

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

Erie Indemnity

Market Cap: US$18.7b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Uniper

Market Cap: €16.6b

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

ON Semiconductor

Market Cap: US$18.6b

Provides intelligent sensing and power solutions in the United States and internationally.

Bank of Beijing

Market Cap: CN¥133.8b

Provides various banking services to personal and corporate customers in China.

Carlsberg

Market Cap: DKK 123.2b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

ABN AMRO Bank

Market Cap: €16.5b

Provides various banking products and financial services to retail, private, and business clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Coles Group

Market Cap: AU$28.5b

Operates as a retailer in Australia.

Legal & General Group

Market Cap: UK£13.8b

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

Arca Continental. de

Market Cap: Mex$356.0b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Principal Financial Group

Market Cap: US$18.3b

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

Coca-Cola HBC

Market Cap: UK£13.7b

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.

Pro Medicus

Market Cap: AU$28.2b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

Shinhan Financial Group

Market Cap: ₩25.3t

Provides financial products and services in South Korea and internationally.

Ryan Specialty Holdings

Market Cap: US$18.1b

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.

CIMB Group Holdings Berhad

Market Cap: RM 77.8b

Provides various banking products and services in Malaysia and internationally.

KeyCorp

Market Cap: US$18.0b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Citizens Financial Group

Market Cap: US$18.0b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

Molina Healthcare

Market Cap: US$17.8b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces.

Sumitomo Mitsui Trust Group

Market Cap: JP¥2.6t

Operates as a trust bank in Japan and internationally.

Federal Home Loan Mortgage

Market Cap: US$17.6b

Operates in the secondary mortgage market in the United States.

Banco BPM

Market Cap: €15.5b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Kerry Group

Market Cap: €15.3b

Provides taste and nutrition solutions.