Swedish Energy Defensive Blue Chips

Terumo

Market Cap: JP¥3.8t

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

Cincinnati Financial

Market Cap: US$24.5b

Provides property casualty insurance products in the United States.

Ørsted

Market Cap: DKK 156.8b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.

Constellation Brands

Market Cap: US$24.4b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.

BT Group

Market Cap: UK£18.3b

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

Inner Mongolia Yili Industrial Group

Market Cap: CN¥172.8b

Inner Mongolia Yili Industrial Group Co., Ltd.

ABN AMRO Bank

Market Cap: €20.9b

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.

China United Network Communications

Market Cap: CN¥171.6b

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

George Weston

Market Cap: CA$33.8b

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

Montage Technology

Market Cap: CN¥171.4b

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

Standard Bank Group

Market Cap: R414.7b

Provides financial products and services in South Africa and internationally.

Markel Group

Market Cap: US$23.8b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

STERIS

Market Cap: US$23.7b

Provides infection prevention products and services worldwide.

Yihai Kerry Arawana Holdings

Market Cap: CN¥168.4b

Engages in the agriculture and food processing businesses in China.

Huntington Bancshares

Market Cap: US$23.5b

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

Labcorp Holdings

Market Cap: US$23.2b

Provides laboratory services.

Sigma Healthcare

Market Cap: AU$35.4b

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

BNP Paribas Fortis

Market Cap: €19.8b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

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.

GigaDevice Semiconductor

Market Cap: CN¥162.3b

Engages in the research, development, technical support, and sale of memory, microcontrollers, and sensors.

Insulet

Market Cap: US$22.6b

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

OmniVision Integrated Circuits Group

Market Cap: CN¥160.4b

OmniVision Integrated Circuits Group, Inc.

Citizens Financial Group

Market Cap: US$22.5b

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.

Dollar General

Market Cap: US$22.4b

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

Hua Hong Semiconductor

Market Cap: HK$174.2b

An investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, Europe, and Japan.

Telenor

Market Cap: NOK 224.2b

Operates as a telecommunication company worldwide.

Renesas Electronics

Market Cap: JP¥3.4t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

STMicroelectronics

Market Cap: €19.2b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

First Citizens BancShares

Market Cap: US$22.2b

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.

BPER Banca

Market Cap: €19.0b

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

Resona Holdings

Market Cap: JP¥3.3t

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

Regions Financial

Market Cap: US$21.7b

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

Banco do Brasil

Market Cap: R$117.1b

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

Associated British Foods

Market Cap: UK£16.3b

Operates as a diversified food, ingredients, and retail company worldwide.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ79.5b

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

SBI Life Insurance

Market Cap: ₹1.9t

Operates as a private life insurance company in India.