Serbian Household Defensive Blue Chips

Centene

Market Cap: US$18.5b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ67.9b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

HDFC Life Insurance

Market Cap: ₹1.6t

Provides individual and group insurance solutions in India.

Tenaga Nasional Berhad

Market Cap: RM 77.4b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

McCormick

Market Cap: US$18.3b

Manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$2.4b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

United Microelectronics

Market Cap: NT$556.2b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

NN Group

Market Cap: €15.5b

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

Straumann Holding

Market Cap: CHF 14.3b

Provides tooth replacement and orthodontic solutions worldwide.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp298.2t

Provides information and communications technology, and telecommunications network services worldwide.

Alinma Bank

Market Cap: ر.س67.1b

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

Dollar Tree

Market Cap: US$17.9b

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

Bank of Shanghai

Market Cap: CN¥127.3b

Provides various banking products and services in China.

Koninklijke KPN

Market Cap: €15.3b

Provides telecommunications and information technology (IT) services in the Netherlands.

Saudi Awwal Bank

Market Cap: ر.س67.0b

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

Tenet Healthcare

Market Cap: US$17.6b

Operates as a diversified healthcare services company in the United States.

JDE Peet's

Market Cap: €15.1b

Operates as a coffee and tea company worldwide.

Banco de Crédito del Perú

Market Cap: S/61.0b

Provides banking products and services to individuals, small-sized companies, and corporate customers in Peru.

Shanghai United Imaging Healthcare

Market Cap: CN¥124.4b

Shanghai United Imaging Healthcare Co., Ltd.

Saudi Electricity

Market Cap: ر.س65.5b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Asahi Group Holdings

Market Cap: JP¥2.6t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Arca Continental. de

Market Cap: Mex$319.7b

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

Wens Foodstuff Group

Market Cap: CN¥123.8b

Operates as a livestock and poultry farming company in China.

E.SUN Financial Holding Company

Market Cap: NT$528.3b

Provides various financial banking products and services in Taiwan.

Coca-Cola FEMSA. de

Market Cap: US$17.3b

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

Rede D'Or São Luiz

Market Cap: R$91.9b

Operates a network of hospitals in Brazil.

Fortum Oyj

Market Cap: €14.7b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

IHH Healthcare Berhad

Market Cap: RM 72.4b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥121.5b

China Three Gorges Renewables (Group) Co.,Ltd.

US Foods Holding

Market Cap: US$17.0b

Engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Mizrahi Tefahot Bank

Market Cap: ₪55.4b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

Bunge Global

Market Cap: US$16.8b

Operates as an agribusiness and food company worldwide.

Hana Financial Group

Market Cap: ₩23.7t

Through its subsidiaries, provides financial services in South Korea.

Varun Beverages

Market Cap: ₹1.5t

Manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands.

Attijariwafa bank

Market Cap: د.م152.4b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

CK Infrastructure Holdings

Market Cap: HK$129.6b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.