Swedish Insurance Defensive Blue Chips

Engie

Market Cap: €46.0b

Operates as an energy company, engages in the renewables and decentralized, low-carbon energy networks, and energy services businesses in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

MetLife

Market Cap: US$51.8b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

Truist Financial

Market Cap: US$51.4b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

Shanghai Pudong Development Bank

Market Cap: CN¥359.0b

Shanghai Pudong Development Bank Co., Ltd.

Singapore Telecommunications

Market Cap: S$64.0b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, China, and internationally.

Nordea Bank Abp

Market Cap: €43.8b

Offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally.

Sberbank of Russia

Market Cap: ₽3.0t

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions.

Infineon Technologies

Market Cap: €43.4b

Engages in the design, development, manufacture, and marketing of semiconductors and semiconductor-based solutions worldwide.

Becton Dickinson

Market Cap: US$49.1b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

Kotak Mahindra Bank

Market Cap: ₹4.2t

Provides a range of banking and financial services to corporate and individual customers in India.

Loblaw Companies

Market Cap: CA$67.0b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.

NXP Semiconductors

Market Cap: US$48.5b

Offers various semiconductor products in China, the United States, Germany, Japan, Singapore, South Korea, Mexico, the Netherlands, Taiwan, and internationally.

Heineken

Market Cap: €42.7b

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, and the Asia Pacific.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ177.0b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.

Alimentation Couche-Tard

Market Cap: CA$65.2b

Operates and licenses convenience stores in North America, Europe, and Asia.

American International Group

Market Cap: US$47.0b

Offers insurance products for commercial, institutional, and individual customers in North America and internationally.

People's Insurance Company (Group) of China

Market Cap: HK$364.8b

An investment holding company, provides insurance products and services in the People’s Republic of China and Hong Kong.

E.ON

Market Cap: €40.9b

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

United Overseas Bank

Market Cap: S$58.9b

Provides banking products and services worldwide.

Kroger

Market Cap: US$45.7b

Operates as a food and drug retailer in the United States.

BOC Hong Kong (Holdings)

Market Cap: HK$354.7b

An investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally.

Axis Bank

Market Cap: ₹3.8t

Engages in the provision of various banking and financial products and services.

Edwards Lifesciences

Market Cap: US$44.0b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

Hygon Information Technology

Market Cap: CN¥315.8b

Engages in the research and development of computing chip products and systems in China.

Qatar National Bank (Q.P.S.C.)

Market Cap: ر.ق159.9b

Provides conventional and Islamic banking products and services in Qatar, Europe, North America, rest of GCC countries, and internationally.

HOYA

Market Cap: JP¥6.2t

A med-tech company, provides high-tech and medical products worldwide.

Target

Market Cap: US$42.8b

Operates as a general merchandise retailer in the United States.

Alcon

Market Cap: CHF 35.1b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

Société Générale Société anonyme

Market Cap: €37.5b

Provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally.

PICC Property and Casualty

Market Cap: HK$333.2b

Engages in property and casualty insurance business in People’s Republic of China.

Kuwait Finance House K.S.C.P

Market Cap: د.ك12.7b

Provides Islamic banking products and services in the Middle East, Europe, and internationally.

Coca-Cola Europacific Partners

Market Cap: €36.0b

Produces, distributes, and sells a range of non-alcoholic ready to drink beverages.

Emirates Telecommunications Group Company PJSC

Market Cap: د.إ150.3b

Provides telecommunications services, media, and related equipment in the United Arab Emirates and internationally.

China Pacific Insurance (Group)

Market Cap: CN¥292.0b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Bank Rakyat Indonesia (Persero)

Market Cap: Rp655.4t

Provides various banking products and services in Indonesia and internationally.

UltraTech Cement

Market Cap: ₹3.5t

Primarily engages in the manufacture and sale of clinker, cement, and related products in India.