U.S. Consumer Retailing Defensive Blue Chips

Mr. Cooper Group

Market Cap: US$12.2b

Operates as a non-bank servicer of residential mortgage loans in the United States.

Israel Discount Bank

Market Cap: ₪40.6b

Provides various banking and financial services in Israel, Europe, and North America.

True Corporation

Market Cap: ฿393.9b

Provides telecommunications and value-added services in Thailand.

Taiwan Cooperative Financial Holding

Market Cap: NT$371.6b

Provides commercial banking, insurance, securities, bills finance, venture capital, asset management, and investment trust services in Taiwan.

CP ALL

Market Cap: ฿393.2b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

Dino Polska

Market Cap: zł44.2b

Operates a network of mid-sized grocery supermarkets under the Dino brand name in Poland.

Itissalat Al-Maghrib (IAM)

Market Cap: د.م108.8b

Provides various telecommunication solutions in Morocco and internationally.

Tele2

Market Cap: SEK 114.4b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

Shree Cement

Market Cap: ₹1.1t

Engages in the manufacture and sale of cement and clinker in India and internationally.

GD Power DevelopmentLtd

Market Cap: CN¥85.4b

Operates as a power generation company in China.

Tata Consumer Products

Market Cap: ₹1.1t

Produces, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

Zegona Communications

Market Cap: UK£8.8b

Provides integrated telecommunications services in Spain.

Unum Group

Market Cap: US$11.8b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

China Zheshang Bank

Market Cap: HK$92.1b

Provides various commercial banking products and services in Mainland China.

Baloise Holding

Market Cap: CHF 9.5b

Primarily engages in the insurance and banking businesses in Switzerland, Germany, Belgium, and Luxembourg.

James Hardie Industries

Market Cap: AU$18.1b

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

Shanghai Rural Commercial Bank

Market Cap: CN¥83.9b

Provides a range of banking products and services to individual and corporate customers in China.

Kirin Holdings Company

Market Cap: JP¥1.7t

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

Banca Monte dei Paschi di Siena

Market Cap: €10.0b

Engages in the provision of retail and commercial banking services in Italy.

BB Seguridade Participações

Market Cap: R$63.2b

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

China Resources Beer (Holdings)

Market Cap: HK$90.8b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Chandra Daya Investasi

Market Cap: Rp190.4t

Operates as an infrastructure investment holding company.

Universal Health Services

Market Cap: US$11.6b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

First Horizon

Market Cap: US$11.6b

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

NMBZ Holdings

Market Cap: US$1.5b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

Anhui Gujing Distillery

Market Cap: CN¥82.2b

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

RenaissanceRe Holdings

Market Cap: US$11.5b

Provides reinsurance and insurance products in the United States and internationally.

HKT Trust and HKT

Market Cap: HK$89.4b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫300.9t

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

Maplebear

Market Cap: US$11.4b

Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America.

Globe Life

Market Cap: US$11.4b

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

American Financial Group

Market Cap: US$11.3b

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

Ooredoo Q.P.S.C

Market Cap: ر.ق41.3b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Skyworks Solutions

Market Cap: US$11.3b

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.

Alibaba Health Information Technology

Market Cap: HK$88.0b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥80.4b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.