Venezuelan Tech Defensive Blue Chips

Kioxia Holdings

Market Cap: JP¥11.6t

Engages in the development, production and sale of flash memory and solid state drives (SSDs) in Japan and internationally.

América Móvil. de

Market Cap: Mex$1.3t

Provides telecommunications services in Latin America and internationally.

Abu Dhabi National Energy Company PJSC

Market Cap: د.إ262.0b

Operates as an integrated utility company in the United Arab Emirates, North America, Europe, Africa, and internationally.

Mondelez International

Market Cap: US$71.0b

Through its subsidiaries, manufactures, markets, and sells snack food and beverage products in Latin America, North America, Asia, the Middle East, Africa, and Europe.

Tokio Marine Holdings

Market Cap: JP¥11.2t

Engages in the non-life and life insurance, and financial and general businesses in Japan and internationally.

Nu Holdings

Market Cap: US$70.4b

Provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States.

CRH

Market Cap: US$69.5b

Provides building materials solutions in Ireland, the United States, the United Kingdom, rest of Europe, and internationally.

Cigna Group

Market Cap: US$68.7b

Provides insurance and related products and services in the United States.

Cencora

Market Cap: US$68.1b

Cencora, Inc. sources and distributes pharmaceutical products in the United States and internationally.

Aon

Market Cap: US$67.9b

Operates as a professional services firm in the United States, rest of the Americas, the United Kingdom, Ireland, rest of Europe, the Middle East, Africa, and the Asia Pacific.

CBZ Holdings

Market Cap: US$8.8b

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

Cambricon Technologies

Market Cap: CN¥463.4b

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

Travelers Companies

Market Cap: US$64.7b

Through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States, Canada, and internationally.

Singapore Telecommunications

Market Cap: S$82.2b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally.

SoftBank

Market Cap: JP¥10.2t

Provides mobile communications and fixed-line telecommunications and ISP services in Japan.

Elevance Health

Market Cap: US$64.0b

Operates as a health benefits company in the United States.

Saudi National Bank

Market Cap: ر.س239.7b

Through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally.

Japan Tobacco

Market Cap: JP¥10.0t

A tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally.

KDDI

Market Cap: JP¥10.0t

Engages in the provision of mobile telecommunications services in Japan and internationally.

Nordea Bank Abp

Market Cap: €54.2b

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

NatWest Group

Market Cap: UK£46.8b

Provides banking and financial products and services in the United Kingdom and internationally.

Nongfu Spring

Market Cap: HK$488.1b

Produces and sells packaged drinking water and beverage products primarily in Mainland China.

Sempra

Market Cap: US$60.6b

Engages in the regulated utilities business in the United States and Mexico.

Infineon Technologies

Market Cap: €52.5b

Develops, manufactures, and markets semiconductors and semiconductor-based solutions in Germany, Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, the Asia-Pacific, Japan, the United States, and the Americas.

JAPAN POST BANK

Market Cap: JP¥9.5t

Provides financial products and services in Japan and internationally.

HOYA

Market Cap: JP¥9.3t

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

Industrial Bank

Market Cap: CN¥398.1b

Provides banking products and services in the People’s Republic of China.

Société Générale Société anonyme

Market Cap: €50.1b

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

Wuliangye YibinLtd

Market Cap: CN¥397.0b

Manufactures and sells liquor and wine products and related auxiliary products under the Wuliangye brand in China.

E.ON

Market Cap: €50.1b

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

Crédit Agricole

Market Cap: €50.0b

Provides retail and corporate banking, insurance, and investment banking products and services in France, Italy, rest of the European Union, rest of Europe, North America, Central and South America, Africa, the Middle East, the Asia Pacific, and Japan.

Assicurazioni Generali

Market Cap: €49.7b

Provides various insurance solutions under the Generali brand in the Americas, Italy, rest of Europe, Africa, the Middle East, Asia, and the Oceania.

China CITIC Bank

Market Cap: CN¥393.9b

Provides various banking products and services in the People’s Republic of China and internationally.

Truist Financial

Market Cap: US$57.0b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

Saudi Telecom

Market Cap: ر.س212.7b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

Manulife Financial

Market Cap: CA$76.9b

Provides financial products and services in the United States, Canada, Asia, and internationally.