Belgian Software Defensive Blue Chips

Sejahteraraya Anugrahjaya

Market Cap: Rp198.0t

Provides medical services in Indonesia.

Almarai

Market Cap: ر.س43.8b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Lattice Semiconductor

Market Cap: US$11.7b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Global Unichip

Market Cap: NT$365.2b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.

Acciona

Market Cap: €9.9b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Industrial Bank of Korea

Market Cap: ₩16.8t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

Aegon

Market Cap: €9.8b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

Sanan OptoelectronicsLtd

Market Cap: CN¥80.5b

Engages in the research, development, production, and sale of compound semiconductor materials and devices in China and internationally.

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

Severn Trent

Market Cap: UK£8.5b

Provides water and wastewater services in the United Kingdom.

Carrefour

Market Cap: €9.8b

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

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫302.9t

Provides various banking products and services to individuals, businesses, and organizations in Vietnam and internationally.

Rockchip Electronics

Market Cap: CN¥79.9b

Operates as a fabless IC design company focusing on Intelligent IoT in China.

IDBI Bank

Market Cap: ₹1.0t

Provides banking and financial solutions to retail and corporate customers in India.

iA Financial

Market Cap: CA$15.6b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Mowi

Market Cap: NOK 111.4b

A seafood company, produces and sells Atlantic salmon products worldwide.

Centrica

Market Cap: UK£8.3b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Banque Cantonale Vaudoise

Market Cap: CHF 8.9b

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

Komercní banka

Market Cap: Kč232.1b

Provides various retail, corporate, and investment banking services primarily in the Czech Republic, and Central and Eastern Europe.

HANMI Semiconductor

Market Cap: ₩16.2t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Orkla

Market Cap: NOK 109.9b

Operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.

King Yuan Electronics

Market Cap: NT$350.3b

Engages in the designing, manufacturing, selling, testing, and assembly service of integrated circuits.

Manila Electric

Market Cap: ₱657.1b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.

HKT Trust and HKT

Market Cap: HK$86.8b

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.

Loongson Technology

Market Cap: CN¥77.3b

Engages in the research, development, production, sale, and service of processor chips in China.

National Silicon Industry Group

Market Cap: CN¥77.3b

National Silicon Industry Group Co., Ltd.

Chubu Electric Power Company

Market Cap: JP¥1.7t

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

Globe Life

Market Cap: US$11.0b

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

Japan Post Insurance

Market Cap: JP¥1.7t

Provides life insurance products and services in Japan.

China Zheshang Bank

Market Cap: HK$85.7b

Provides various commercial banking products and services in Mainland China.

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.

TIM

Market Cap: R$57.8b

A telecommunications company, provides mobile, fixed, long-distance, data transmission, and broadband services in Brazil.

Admiral Group

Market Cap: UK£8.0b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

China Taiping Insurance Holdings

Market Cap: HK$83.7b

An investment holding company, underwrites various insurance and reinsurance products in the People’s Republic of China, Hong Kong, Macau, Singapore, and internationally.

American Financial Group

Market Cap: US$10.7b

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

Webster Financial

Market Cap: US$10.7b

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.