Taiwanese Semiconductors Defensive Blue Chips

Hershey

Market Cap: US$34.7b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

Skandinaviska Enskilda Banken

Market Cap: SEK 337.2b

Provides corporate, retail, investment, and private banking services.

Great-West Lifeco

Market Cap: CA$46.9b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Vulcan Materials

Market Cap: US$33.8b

Produces and supplies construction aggregates in the United States.

China Everbright Bank

Market Cap: CN¥242.9b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Arch Capital Group

Market Cap: US$33.7b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Endesa

Market Cap: €28.9b

Engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, the United Kingdom, Switzerland, Luxembourg, the Netherlands, Singapore, Italy, Morocco, and internationally.

Cambricon Technologies

Market Cap: CN¥237.0b

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

Monolithic Power Systems

Market Cap: US$32.8b

Designs, develops, markets, and sells semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets.

GE HealthCare Technologies

Market Cap: US$32.6b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

NAURA Technology Group

Market Cap: CN¥234.3b

Engages in the research and development, production, sale, and technical services of semiconductors in the People's Republic of China.

Avenue Supermarts

Market Cap: ₹2.8t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

Martin Marietta Materials

Market Cap: US$32.4b

A natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.

Cathay Financial Holding

Market Cap: NT$966.7b

Through its subsidiaries, provides various financial products and services in Taiwan, rest of Asia, and internationally.

Fomento Económico Mexicano. de

Market Cap: Mex$620.5b

Through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.

Danske Bank

Market Cap: DKK 210.2b

Provides various banking products and services to corporate, institutional, and international clients.

Talanx

Market Cap: €28.1b

Provides insurance and reinsurance products and services worldwide.

Invest bank P.S.C

Market Cap: د.إ118.4b

A commercial bank, provides a range of financial products and services to corporate and retail customers in the United Arab Emirates and Lebanon.

Ping An Bank

Market Cap: CN¥231.5b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

MS&AD Insurance Group Holdings

Market Cap: JP¥4.7t

An insurance holding company, provides insurance and financial services worldwide.

Imperial Brands

Market Cap: UK£23.8b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Muyuan Foods

Market Cap: CN¥226.4b

Operates in the hog industry in China.

DexCom

Market Cap: US$31.4b

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

Erste Group Bank

Market Cap: €27.3b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.

Power Grid Corporation of India

Market Cap: ₹2.7t

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

Foshan Haitian Flavouring and Food

Market Cap: CN¥222.1b

Foshan Haitian Flavouring and Food Company Ltd.

Prudential

Market Cap: UK£23.0b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Kraft Heinz

Market Cap: US$30.5b

Manufactures and markets food and beverage products in North America and internationally.

Bank of Jiangsu

Market Cap: CN¥218.9b

Provides various banking products and services in China.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥216.8b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Naturgy Energy Group

Market Cap: €26.2b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

CEZ a. s

Market Cap: Kč650.6b

Engages in the generation, distribution, trade, and sale of electricity and heat in Western, Central, and Southeastern Europe.

M&T Bank

Market Cap: US$29.7b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

NRG Energy

Market Cap: US$29.7b

Operates as an energy and home services company in the United States and Canada.

Willis Towers Watson

Market Cap: US$29.6b

Operates as an advisory, broking, and solutions company worldwide.

RWE

Market Cap: €25.7b

Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.