Argentinian Software Defensive Blue Chips

Beijing E-Town Semiconductor Technology

Market Cap: CN¥75.6b

Beijing E-Town Semiconductor Technology Co., Ltd.

Akbank T.A.S

Market Cap: ₺472.9b

Provides various banking products and services in Turkey and internationally.

American Financial Group

Market Cap: US$10.9b

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

Max Healthcare Institute

Market Cap: ₹976.7b

Provides medical and healthcare services in India.

SK Telecom

Market Cap: ₩15.7t

Engages in the provision of wireless telecommunication services in South Korea.

Shree Cement

Market Cap: ₹974.9b

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

United Spirits

Market Cap: ₹970.0b

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

Magnum Ice Cream

Market Cap: €9.1b

Engages in ice cream business.

Petrovietnam Gas

Market Cap: ₫282.3t

Engages in the collection, transportation, processing, storage, distribution, importing, and trading of gas and gas related products in Vietnam.

Türkiye Is Bankasi

Market Cap: ₺465.3b

Provides various banking products and services in Turkey.

SBI Shinsei Bank

Market Cap: JP¥1.7t

Provides banking and financial products and services to individual customers, corporations, public-sector entities, and financial institutions in Japan.

Bank Albilad

Market Cap: ر.س39.8b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Webster Financial

Market Cap: US$10.6b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Tsingtao Brewery

Market Cap: CN¥73.3b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Marico

Market Cap: ₹951.0b

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

ICICI Prudential Life Insurance

Market Cap: ₹947.6b

Provides life insurance, annuity, pension, and health insurance products to individuals and groups in India.

Yokohama Financial Group

Market Cap: JP¥1.6t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

Buzzi

Market Cap: €8.8b

Manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates.

Zhejiang Jingsheng Mechanical & Electrical

Market Cap: CN¥72.0b

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.

SD Guthrie Berhad

Market Cap: RM 40.8b

Operates as an integrated plantations company in Malaysia and internationally.

Bank of the Philippine Islands

Market Cap: ₱612.9b

Provides various financial products and services to retail and corporate clients in the Philippines.

Far EasTone Telecommunications

Market Cap: NT$327.0b

Engages in the provision of telecommunications and digital application services in Taiwan.

BUA Foods

Market Cap: ₦14.4t

Processes, manufactures, produces, and distributes food materials in Nigeria.

Enel Américas

Market Cap: CL$9.0t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Baxter International

Market Cap: US$10.3b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Pilgrim's Pride

Market Cap: US$10.3b

Produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, Europe, and Mexico.

Dino Polska

Market Cap: zł36.9b

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

National Silicon Industry Group

Market Cap: CN¥71.3b

National Silicon Industry Group Co., Ltd.

ICICI Lombard General Insurance

Market Cap: ₹927.2b

Provides various general insurance products and services in India.

Bank Negara Indonesia (Persero)

Market Cap: Rp171.0t

Provides various banking products and services in Indonesia, rest of Asia, New York, and Europe.

Vienna Insurance Group

Market Cap: €8.7b

Engages in providing insurance products and services in Austria and internationally.

Phoenix Group Holdings

Market Cap: UK£7.5b

Operates in the long-term savings and retirement business in Europe.

Millicom International Cellular

Market Cap: US$10.2b

Provides cable and mobile services in Latin America.

Marks and Spencer Group

Market Cap: UK£7.5b

Operates various retail stores.

SouthState Bank

Market Cap: US$10.1b

Operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States.

Itissalat Al-Maghrib (IAM)

Market Cap: د.م92.7b

Provides various telecommunication solutions in Morocco and internationally.