Taiwanese Retail Defensive Blue Chips

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.

Engie

Market Cap: €43.7b

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.

Kotak Mahindra Bank

Market Cap: ₹4.2t

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

Barito Renewables Energy

Market Cap: Rp796.0t

Engages in the generation and sale of power through geothermal and wind resources in Indonesia.

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.

Nordea Bank Abp

Market Cap: €42.9b

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

Becton Dickinson

Market Cap: US$48.1b

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.

Shanghai Pudong Development Bank

Market Cap: CN¥346.4b

Shanghai Pudong Development Bank Co., Ltd.

Vistra

Market Cap: US$47.8b

Operates as an integrated retail electricity and power generation company in the United States.

Alcon

Market Cap: CHF 39.5b

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

Kroger

Market Cap: US$47.5b

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

Alimentation Couche-Tard

Market Cap: CA$66.0b

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

Loblaw Companies

Market Cap: CA$66.0b

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.

American International Group

Market Cap: US$47.2b

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

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ172.3b

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

Hygon Information Technology

Market Cap: CN¥333.8b

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

Infineon Technologies

Market Cap: €40.9b

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

E.ON

Market Cap: €40.6b

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

United Overseas Bank

Market Cap: S$58.2b

Provides banking products and services worldwide.

BOC Hong Kong (Holdings)

Market Cap: HK$345.2b

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

Target

Market Cap: US$44.0b

Operates as a general merchandise retailer in the United States.

Edwards Lifesciences

Market Cap: US$43.8b

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

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

Market Cap: ر.ق156.1b

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

PICC Property and Casualty

Market Cap: HK$327.4b

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

People's Insurance Company (Group) of China

Market Cap: HK$326.3b

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

Axis Bank

Market Cap: ₹3.6t

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

HOYA

Market Cap: JP¥6.1t

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

Coca-Cola Europacific Partners

Market Cap: €36.7b

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

Société Générale Société anonyme

Market Cap: €36.5b

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

Kuwait Finance House K.S.C.P

Market Cap: د.ك12.6b

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

Emirates Telecommunications Group Company PJSC

Market Cap: د.إ150.3b

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

Cambricon Technologies

Market Cap: CN¥292.1b

Research, develops, design, and sells core chips in cloud server, edge computing, and terminal equipment in China.

Seven & i Holdings

Market Cap: JP¥5.8t

Operates convenience stores, superstores, and department stores in Japan, North America, and internationally.

Ambev

Market Cap: R$223.4b

Through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada.

IDEXX Laboratories

Market Cap: US$39.4b

Develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally.

UltraTech Cement

Market Cap: ₹3.3t

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