Swedish Materials Defensive Blue Chips

ABN AMRO Bank

Market Cap: €24.2b

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.

Japan Post Holdings

Market Cap: JP¥4.4t

Provides postal, banking, and insurance services in Japan.

First Solar

Market Cap: US$28.2b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

Bank of Jiangsu

Market Cap: CN¥197.5b

Provides various banking products and services in China.

Atmos Energy

Market Cap: US$27.8b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Brown & Brown

Market Cap: US$27.7b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally.

Power Grid Corporation of India

Market Cap: ₹2.5t

An electric power transmission utility, engages in the power transmission business in India and internationally.

W. R. Berkley

Market Cap: US$27.7b

An insurance holding company, operates as a commercial line writer worldwide.

Luzhou LaojiaoLtd

Market Cap: CN¥195.3b

Produces and sells alcoholic products in China and internationally.

Banca Monte dei Paschi di Siena

Market Cap: €23.5b

Provides retail and commercial banking services in Italy.

Bank Mandiri (Persero)

Market Cap: Rp455.5t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

Capitec Bank Holdings

Market Cap: R461.1b

Through its subsidiaries, provides various banking products and services in South Africa.

Grupo Financiero Banorte. de

Market Cap: Mex$494.1b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

Koninklijke Philips

Market Cap: €23.0b

Operates as a health technology company in North America, the Greater China, and internationally.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł96.9b

Provides various banking products and services in Poland and internationally.

Bank of Ningbo

Market Cap: CN¥187.7b

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

Nestlé India

Market Cap: ₹2.4t

Engages in the manufacture and sale of food products in India and internationally.

Shinhan Financial Group

Market Cap: ₩38.5t

Provides financial products and services in South Korea and internationally.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥184.5b

Inner Mongolia Yili Industrial Group Co., Ltd.

EnBW Energie Baden-Württemberg

Market Cap: €22.4b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

George Weston

Market Cap: CA$36.5b

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

Huntington Bancshares

Market Cap: US$26.0b

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

Markel Group

Market Cap: US$26.0b

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

Aviva

Market Cap: UK£19.4b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, and internationally.

CGN Power

Market Cap: HK$201.1b

Operates and manages nuclear power stations, sells electricity generated by these stations, and provides related technical services in the People’s Republic of China.

VERBUND

Market Cap: €22.1b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

American Water Works Company

Market Cap: US$25.6b

Through its subsidiaries, provides water and wastewater services in the United States.

Cincinnati Financial

Market Cap: US$25.6b

Provides property casualty insurance products in the United States.

Standard Bank Group

Market Cap: R434.8b

Provides financial products and services in South Africa and internationally.

Huaneng Lancang River Hydropower

Market Cap: CN¥179.8b

Engages in the development, construction, operation, and management of hydropower and new energy power generation projects.

STERIS

Market Cap: US$25.4b

Provides infection prevention products and services worldwide.

China National Nuclear Power

Market Cap: CN¥178.9b

Engages in the investment, development, construction, operation, and management of nuclear power projects in the People's Republic of China.

BNP Paribas Fortis

Market Cap: €21.7b

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

New China Life Insurance

Market Cap: CN¥177.6b

Provides life insurance products and services to individuals and institutions in China.

DexCom

Market Cap: US$25.1b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally.

China Minsheng Banking

Market Cap: CN¥176.5b

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