Argentinian Software Defensive Blue Chips

Raiffeisen Bank International

Market Cap: €13.6b

Offers banking services to corporate, private, and institutional customers.

Zimre Holdings

Market Cap: US$2.1b

Provides insurance, reinsurance, reassurance, and property management and development services in Zimbabwe, Botswana, Malawi, Mozambique, and Zambia.

Saudi Electricity

Market Cap: ر.س60.2b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Bank of Beijing

Market Cap: CN¥111.4b

Provides various banking services to individuals and corporates in China.

Talen Energy

Market Cap: US$16.0b

An independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States.

Unipol Assicurazioni

Market Cap: €13.4b

Provides insurance products and services primarily in Italy.

Xi'an ESWIN Material Technology

Market Cap: CN¥110.4b

Xi'an ESWIN Material Technology Co., Ltd.

Grupo Financiero Inbursa. de

Market Cap: Mex$272.1b

Provides various financial products and services to individuals and businesses in Mexico.

Cooper Companies

Market Cap: US$15.9b

Develops, manufactures, and markets contact lens wearers.

Elia Group

Market Cap: €13.1b

Develops and operates as a transmission system operator in Belgium and Germany.

Bankinter

Market Cap: €13.1b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

East West Bancorp

Market Cap: US$15.6b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Punjab National Bank

Market Cap: ₹1.4t

Provides various banking and financial products and services in India and internationally.

Canara Bank

Market Cap: ₹1.4t

Provides various banking products and services in India and internationally.

Telecom Italia

Market Cap: €13.0b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$2.0b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Metro

Market Cap: CA$21.0b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Woori Financial Group

Market Cap: ₩22.1t

Operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

Jerónimo Martins SGPS

Market Cap: €12.8b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

Hippo Valley Estates

Market Cap: US$2.0b

Together with its subsidiary, Chiredzi Township (Private) Limited, engages in the growing and milling of sugar cane in Zimbabwe and internationally.

Asahi Group Holdings

Market Cap: JP¥2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Piotech

Market Cap: CN¥106.2b

Engages in the research and development, production, sales, and technical services of high-end semiconductor special equipment in China.

Phison Electronics

Market Cap: NT$475.5b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Shanghai United Imaging Healthcare

Market Cap: CN¥105.0b

Shanghai United Imaging Healthcare Co., Ltd.

Union Bank of India

Market Cap: ₹1.4t

Provides banking products and services in India.

WH Group

Market Cap: HK$117.7b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

Fidelity National Financial

Market Cap: US$14.9b

Provides various insurance products in the United States.

Hua Nan Financial Holdings

Market Cap: NT$466.2b

Provides financial services in Taiwan and internationally.

ASR Nederland

Market Cap: €12.4b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.

SDIC Power Holdings

Market Cap: CN¥103.0b

Engages in the electricity generation business in China.

Tokyo GasLtd

Market Cap: JP¥2.3t

Engages in the production, supply, and sale of city gas and LNG in Japan.

SCB X

Market Cap: ฿459.6b

Engages banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

Aier Eye Hospital Group

Market Cap: CN¥102.5b

Operates as a ophthalmology chain medical company in China, Hong Kong, Europe, the United States, and Southeast Asia.

Israel Discount Bank

Market Cap: ₪45.5b

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