Bulgarian Software Defensive Blue Chips

M&T Bank

Market Cap: US$34.2b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ125.2b

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

Seven & i Holdings

Market Cap: JP¥5.3t

Operates convenience stores, superstores, and department stores in Japan, North America, and internationally.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 26.3b

Engages in the manufacture and sale of chocolate products worldwide.

Talanx

Market Cap: €28.5b

Provides insurance and reinsurance products and services worldwide.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł120.1b

Provides various banking products and services in Poland and internationally.

Bank Hapoalim B.M

Market Cap: ₪103.6b

Provides various banking and financial services in Israel and internationally.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥233.0b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Veeva Systems

Market Cap: US$33.4b

Provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.

Adani Power

Market Cap: ₹3.0t

Engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPAs), supplemental PPAs, medium and short term PPAs, and on merchant basis in India.

Intact Financial

Market Cap: CA$45.0b

Through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally.

Fresenius SE KGaA

Market Cap: €27.8b

A health care company, provides products and services for chronically ill patients.

Dai-ichi Life Holdings

Market Cap: JP¥5.1t

Through its subsidiaries, provides insurance products in Japan, the United States, and internationally.

New China Life Insurance

Market Cap: CN¥227.4b

Provides life insurance products and services to individuals and institutions in China.

Archer-Daniels-Midland

Market Cap: US$32.7b

Engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions.

Svenska Handelsbanken

Market Cap: SEK 294.3b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Chunghwa Telecom

Market Cap: NT$1.0t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

Banca Monte dei Paschi di Siena

Market Cap: €27.5b

Provides retail and commercial banking services in Italy.

Capitec Bank Holdings

Market Cap: R515.9b

Through its subsidiaries, provides various banking products and services in South Africa.

Invest bank P.S.C

Market Cap: د.إ118.4b

A commercial bank, provides a range of financial products and services to corporate and retail customers in the United Arab Emirates and Lebanon.

Power Corporation of Canada

Market Cap: CA$43.7b

An international management and holding company, provides financial services in North America, Europe, and Asia.

NRG Energy

Market Cap: US$32.0b

Operates as an energy and home services company in the United States and Canada.

Sompo Holdings

Market Cap: JP¥5.0t

Provides property and casualty insurance services in Japan and internationally.

Grupo Financiero Banorte. de

Market Cap: Mex$548.6b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

Swiss Life Holding

Market Cap: CHF 24.7b

Provides life, pensions, and financial solutions for private and corporate clients.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥220.3b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Dollar General

Market Cap: US$31.6b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥217.9b

Advanced Micro-Fabrication Equipment Inc.

Standard Bank Group

Market Cap: R501.1b

Provides financial products and services in South Africa and internationally.

CEZ a. s

Market Cap: Kč645.8b

Engages in the generation, distribution, trade, and sale of electricity, heat, thermal energy and other commodities in Western, Central, and Southeastern Europe.

ABN AMRO Bank

Market Cap: €26.5b

Provides various banking products and financial services to retail, private, and business clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Ping An Bank

Market Cap: CN¥212.9b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Amrize

Market Cap: CHF 23.7b

Engages in the provision of various building solutions for infrastructure, commercial, and residential construction markets in North America.

Willis Towers Watson

Market Cap: US$30.3b

Operates as an advisory, broking, and solutions company worldwide.

Foshan Haitian Flavouring and Food

Market Cap: CN¥209.5b

Foshan Haitian Flavouring and Food Company Ltd.

Bank of Ningbo

Market Cap: CN¥209.3b

Provides various personal and business banking products and services in the People's Republic of China.