Swedish Automobiles Defensive Blue Chips

Inner Mongolia Yili Industrial Group

Market Cap: CN¥174.9b

Inner Mongolia Yili Industrial Group Co., Ltd.

Veolia Environnement

Market Cap: €21.2b

Designs and provides water, waste, and energy management solutions.

Bank of Ningbo

Market Cap: CN¥174.3b

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

China United Network Communications

Market Cap: CN¥172.9b

Provides telecommunication services in the People’s Republic of China.

Terumo

Market Cap: JP¥3.7t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

China Minsheng Banking

Market Cap: CN¥171.6b

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

BT Group

Market Cap: UK£18.1b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Yihai Kerry Arawana Holdings

Market Cap: CN¥171.1b

Engages in the agriculture and food processing businesses in China.

Huntington Bancshares

Market Cap: US$24.0b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States.

OmniVision Integrated Circuits Group

Market Cap: CN¥170.5b

OmniVision Integrated Circuits Group, Inc.

Montage Technology

Market Cap: CN¥170.3b

An integrated circuits design company, provides IC solutions for cloud computing and data center markets in the People’s Republic of China.

STERIS

Market Cap: US$23.9b

Provides infection prevention products and services worldwide.

Grupo Nutresa S. A

Market Cap: Col$92.8t

Operates in the food industry in Colombia, Latin America, and internationally.

Standard Bank Group

Market Cap: R408.7b

Provides financial products and services in South Africa and internationally.

OTP Bank Nyrt

Market Cap: Ft8.0t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

George Weston

Market Cap: CA$32.4b

Provides food and drug retailing, and financial services in Canada.

Labcorp Holdings

Market Cap: US$23.1b

Provides laboratory services.

Teradyne

Market Cap: US$23.0b

Designs, develops, manufactures, and sells automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.

Eastroc Beverage(Group)

Market Cap: CN¥162.1b

Engages in the research and development, production, and sales of beverages in China.

Sigma Healthcare

Market Cap: AU$34.7b

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

Regions Financial

Market Cap: US$22.6b

A financial holding company, provides various banking and related products and services to individual and corporate customers.

First Citizens BancShares

Market Cap: US$22.5b

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.

Banco do Brasil

Market Cap: R$121.0b

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

Banco BPM

Market Cap: €19.4b

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

Citizens Financial Group

Market Cap: US$22.4b

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.

BPER Banca

Market Cap: €19.2b

Provides banking products and services for individuals, and businesses and professionals in Italy and internationally.

Insulet

Market Cap: US$22.2b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

Resona Holdings

Market Cap: JP¥3.4t

Through its subsidiaries, engages in the provision retail and commercial banking products and services in Japan and internationally.

Telenor

Market Cap: NOK 223.9b

Operates as a telecommunication company worldwide.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ81.1b

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

Riyad Bank

Market Cap: ر.س81.8b

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

Kioxia Holdings

Market Cap: JP¥3.3t

Engages in the development, production and sale of flash memory and solid state drives (SSDs) in Japan and internationally.

Dollar General

Market Cap: US$21.6b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Loews

Market Cap: US$21.4b

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

QBE Insurance Group

Market Cap: AU$32.6b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

CLP Holdings

Market Cap: HK$166.0b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.