Austrian Software Defensive Blue Chips

Unum Group

Market Cap: US$14.2b

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

Phoenix Financial

Market Cap: ₪43.1b

Operates as a financial services company in Israel.

Tryg

Market Cap: DKK 92.5b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Brookfield Wealth Solutions

Market Cap: US$14.1b

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

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق51.3b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Mashreqbank PSC

Market Cap: د.إ51.8b

Provides various banking and financial services to individuals and corporates.

McCormick

Market Cap: US$14.0b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Uni-President Enterprises

Market Cap: NT$452.3b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

Union Bank of India

Market Cap: ₹1.3t

Provides banking products and services in India.

Cooper Companies

Market Cap: US$14.0b

Develops, manufactures, and markets contact lens wearers.

Hormel Foods

Market Cap: US$13.9b

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

Shanghai United Imaging Healthcare

Market Cap: CN¥93.9b

Shanghai United Imaging Healthcare Co., Ltd.

Onto Innovation

Market Cap: US$13.9b

Engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.

Insurance Australia Group

Market Cap: AU$19.7b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Nova

Market Cap: US$13.8b

Engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.

Wens Foodstuff Group

Market Cap: CN¥93.2b

Engages in the agricultural and animal husbandry businesses in China and internationally.

Eastroc Beverage (Group)

Market Cap: CN¥93.1b

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

Metro

Market Cap: CA$19.4b

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

Britannia Industries

Market Cap: ₹1.3t

Engages in manufacturing, trading, and sale of various food products in India and internationally.

RenaissanceRe Holdings

Market Cap: US$13.7b

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

Chubu Electric Power Company

Market Cap: JP¥2.2t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Fidelity National Financial

Market Cap: US$13.7b

Provides various insurance products in the United States.

Assurant

Market Cap: US$13.6b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

United Utilities Group

Market Cap: UK£10.1b

Provides water and wastewater services in the United Kingdom.

National Silicon Industry Group

Market Cap: CN¥91.5b

National Silicon Industry Group Co., Ltd.

Carrefour

Market Cap: €11.8b

Operates as a food retailer in France, Spain, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, Asia, and internationally.

Banque Saudi Fransi

Market Cap: ر.س50.6b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

WH Group

Market Cap: HK$105.6b

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

Banque Cantonale Vaudoise

Market Cap: CHF 10.9b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Fisher & Paykel Healthcare

Market Cap: NZ$23.0b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Punjab National Bank

Market Cap: ₹1.3t

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

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

LONGi Green Energy Technology

Market Cap: CN¥90.2b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

Bank of Baroda

Market Cap: ₹1.3t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Beijing YanDong MicroElectronic

Market Cap: CN¥90.1b

Beijing YanDong MicroElectronic Co., Ltd.

Anhui Conch Cement

Market Cap: CN¥89.7b

Manufactures, sells, and trades in clinker and cement products in China and internationally.