Taiwanese Transportation Defensive Blue Chips

Moore Threads Technology

Market Cap: CN¥286.9b

Engages in the development of GPU chips and related products.

Swedbank

Market Cap: SEK 411.7b

Provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

Becton Dickinson

Market Cap: US$42.2b

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.

Archer-Daniels-Midland

Market Cap: US$42.1b

Provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.

Daiichi Life Group

Market Cap: JP¥6.9t

Through its subsidiaries, provides insurance products in Japan, the United States, and internationally.

American International Group

Market Cap: US$41.5b

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

Consolidated Edison

Market Cap: US$41.3b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

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

Market Cap: ر.ق150.2b

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

Japan Post Holdings

Market Cap: JP¥6.7t

Provides postal, banking, and insurance services in Japan.

Power Corporation of Canada

Market Cap: CA$57.8b

An international management and holding company, provides financial services in North America, Europe, and Asia.

Nanya Technology

Market Cap: NT$1.3t

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

Montage Technology

Market Cap: CN¥276.1b

An integrated circuit (IC) design company, provides IC-based solutions for cloud computing and AI infrastructure in the People’s Republic of China.

Keurig Dr Pepper

Market Cap: US$40.4b

Owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally.

Samsung Life Insurance

Market Cap: ₩59.2t

Engages in the life insurance business to corporate and individual customers in South Korea and internationally.

PG&E

Market Cap: US$39.9b

Through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States.

Swisscom

Market Cap: CHF 32.4b

Provides telecommunication services in Switzerland, Italy, and internationally.

Kotak Mahindra Bank

Market Cap: ₹3.8t

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

Tesco

Market Cap: UK£29.6b

Operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.

Axis Bank

Market Cap: ₹3.8t

Provides various financial products and services in India and internationally.

Banca Monte dei Paschi di Siena

Market Cap: €34.6b

Provides various banking products and services in Italy and internationally.

ACWA Power

Market Cap: ر.س147.7b

Engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia, the Middle East, Asia, and Africa.

Fomento Económico Mexicano. de

Market Cap: Mex$689.0b

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

Sysco

Market Cap: US$39.3b

Through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally.

SSE

Market Cap: UK£29.4b

Engages in the generation, transmission, distribution, and supply of electricity.

SJ Semiconductor

Market Cap: CN¥262.6b

Operates as an integrated circuit wafer-level advanced packaging and testing company in China and internationally.

Hartford Insurance Group

Market Cap: US$38.6b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

OTP Bank Nyrt

Market Cap: Ft12.2t

Provides various commercial banking services.

Telstra Group

Market Cap: AU$54.6b

Provides telecommunications and information services in Australia and internationally.

Rocket Companies

Market Cap: US$38.0b

A fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada.

Sompo Holdings

Market Cap: JP¥6.2t

Provides property and casualty (P&C) insurance products and services in Japan and internationally.

Fairfax Financial Holdings

Market Cap: CA$52.0b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in Canada, the United States, the Middle East and Asia, and internationally.

Federal National Mortgage Association

Market Cap: US$36.9b

Provides financing solutions for residential mortgages in the United States.

ITC

Market Cap: ₹3.5t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

Dubai Electricity and Water Authority (PJSC)

Market Cap: د.إ134.0b

Generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai.

M&T Bank

Market Cap: US$36.3b

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.

UltraTech Cement

Market Cap: ₹3.5t

Engages in the manufacture and sale of clinker, cement, ready mix concrete, and related products in India, the United Arab Emirates, Bahrain, and Sri Lanka.