U.S. Consumer Durables Defensive Blue Chips

JD Health International

Market Cap: HK$121.1b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

First Financial Holding

Market Cap: NT$500.4b

Provides various financial products and services in Asia, North America, Oceania, and Europe.

Everest Group

Market Cap: US$15.4b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Asahi Group Holdings

Market Cap: JP¥2.5t

Engages in the manufacture and sale of beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Mapfre

Market Cap: €13.5b

Engages in insurance, reinsurance, and financial activities in Spain.

Great Eastern Holdings

Market Cap: S$19.9b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

James Hardie Industries

Market Cap: AU$22.1b

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

Admiral Group

Market Cap: UK£11.5b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, and Spain.

Jentech Precision Industrial

Market Cap: NT$494.5b

Manufactures, processes, and trades in precision tooling, and electronic parts and components in Taiwan and China.

Huaneng Power International

Market Cap: HK$119.3b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China, the Islamic Republic of Pakistan, and internationally.

Varun Beverages

Market Cap: ₹1.5t

Manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana.

DaVita

Market Cap: US$15.2b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Global Unichip

Market Cap: NT$490.5b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.

BAWAG Group

Market Cap: €13.2b

Operates as a holding company for BAWAG P.S.K.

Amkor Technology

Market Cap: US$15.0b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.

Banco de Crédito e Inversiones

Market Cap: CL$14.0t

Provides various banking products and services in Chile, the United States, and Peru.

BrightSpring Health Services

Market Cap: US$15.0b

Operates as a home and community-based healthcare services platform in the United States.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ54.9b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

Coloplast

Market Cap: DKK 98.1b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

ING Bank Slaski

Market Cap: zł56.1b

Provides various banking products and services for retail clients and businesses in Poland.

Grupo Bimbo. de

Market Cap: Mex$257.3b

Produces, distributes, and markets bakery products.

mBank

Market Cap: zł56.0b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

T&D Holdings

Market Cap: JP¥2.4t

Through its subsidiaries, provides insurance products and services in Japan.

Rede D'Or São Luiz

Market Cap: R$75.5b

Engages in the provision of hospital services in Brazil.

Kirin Holdings Company

Market Cap: JP¥2.4t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

CNA Financial

Market Cap: US$14.7b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

BIWIN Storage Technology

Market Cap: CN¥98.9b

Engages in the research and development, design, packaging, testing, production, and sales of semiconductor memory.

Public Power

Market Cap: €12.8b

Generates, transmits, and distributes electricity in Greece, Romania, Bulgaria, and North Macedonia.

Attijariwafa bank

Market Cap: د.م136.6b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Gjensidige Forsikring

Market Cap: NOK 140.7b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ53.1b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Suncorp Group

Market Cap: AU$20.7b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Hormel Foods

Market Cap: US$14.3b

Develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally.

Brookfield Wealth Solutions

Market Cap: US$14.3b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Phoenix Financial

Market Cap: ₪43.5b

Operates as a financial services company in Israel.

Eastroc Beverage (Group)

Market Cap: CN¥96.3b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.