Thai Food, Beverage & Tobacco Defensive Blue Chips

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫297.0t

Provides various banking products and services for individuals, corporate customers, and financial institutions in Vietnam.

Globe Life

Market Cap: US$11.3b

Through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥81.0b

Beijing E-Town Semiconductor Technology Co., Ltd.

BB Seguridade Participações

Market Cap: R$61.4b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Pilgrim's Pride

Market Cap: US$11.2b

Produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, Europe, and Mexico.

Adani Energy Solutions

Market Cap: ₹979.2b

Generates, transmits, and distributes power in India.

Acciona

Market Cap: €9.6b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Banque Saudi Fransi

Market Cap: ر.س42.0b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

American Financial Group

Market Cap: US$11.2b

An insurance holding company, provides specialty property and casualty insurance products in the United States.

ICICI Lombard General Insurance

Market Cap: ₹978.0b

Provides various general insurance products and services in India.

Vietnam Technological and Commercial Bank

Market Cap: ₫293.5t

Provides personal and corporate banking products and services in Vietnam and internationally.

Skyworks Solutions

Market Cap: US$11.1b

Designs, develops, manufactures, and markets semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

Huadong Medicine

Market Cap: CN¥80.0b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

Tsingtao Brewery

Market Cap: HK$86.9b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Banco Santander-Chile

Market Cap: CL$10.8t

Provides commercial and retail banking products and services in Chile.

Chandra Daya Investasi

Market Cap: Rp181.6t

Operates as an infrastructure investment holding company.

First Horizon

Market Cap: US$11.1b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

BKW

Market Cap: CHF 8.9b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Albertsons Companies

Market Cap: US$11.0b

Through its subsidiaries, operates in the food and drug retail industry in the United States.

Industrial Bank of Korea

Market Cap: ₩15.4t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

Marico

Market Cap: ₹959.3b

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Kinsale Capital Group

Market Cap: US$10.9b

Engages in the provision of property and casualty insurance products in the United States.

Assurant

Market Cap: US$10.9b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

United Spirits

Market Cap: ₹949.3b

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

Rockchip Electronics

Market Cap: CN¥77.6b

Operates as a fabless IC design company in China.

Carrefour

Market Cap: €9.3b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

Anhui Gujing Distillery

Market Cap: CN¥77.5b

Engages in the production and sale of distilled wine in the People’s Republic of China and internationally.

James Hardie Industries

Market Cap: AU$16.8b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Bajaj Housing Finance

Market Cap: ₹941.7b

Provides housing finance services in India.

Taiwan Mobile

Market Cap: NT$328.2b

Provides wireless communication services in Taiwan, the Republic of China, and internationally.

M3

Market Cap: JP¥1.6t

Provides medical-related services primarily to physicians and other healthcare professionals through the Internet.

Enel Américas

Market Cap: CL$10.4t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Bank Albilad

Market Cap: ر.س39.8b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Bank of Chengdu

Market Cap: CN¥76.2b

Provides various commercial banking products and services in China.

BE Semiconductor Industries

Market Cap: €9.1b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Waaree Energies

Market Cap: ₹926.0b

Manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects.