Bahraini Software Defensive Blue Chips

Vodafone Group

Market Cap: UK£27.2b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

Hershey

Market Cap: US$36.7b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

UltraTech Cement

Market Cap: ₹3.5t

Engages in the manufacturing, marketing, and distribution of building materials in India and internationally.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł136.3b

Provides various banking products and services in Poland and internationally.

Alcon

Market Cap: CHF 29.5b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

ITC

Market Cap: ₹3.5t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

M&T Bank

Market Cap: US$36.3b

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.

Hon. Precision

Market Cap: NT$1.2t

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

Huntington Bancshares

Market Cap: US$35.6b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services.

CEZ a. s

Market Cap: Kč738.7b

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

Intact Financial

Market Cap: CA$48.7b

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

BPER Banca

Market Cap: €30.2b

Engages in the provision of banking products and services for individuals, and businesses and professionals in Italy and internationally.

Federal National Mortgage Association

Market Cap: US$34.8b

Provides financing solutions for residential mortgages in the United States.

Hannover Rück

Market Cap: €30.2b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Shinhan Financial Group

Market Cap: ₩49.3t

Provides financial products and services in South Korea, Vietnam, and Japan.

Kroger

Market Cap: US$34.6b

Operates as a food and drug retailer in the United States.

Capitec

Market Cap: R556.0b

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

Prudential

Market Cap: UK£25.2b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Talanx

Market Cap: €29.4b

Provides insurance and reinsurance products and services worldwide.

Advanced Info Service

Market Cap: ฿1.1t

Operates as a telecommunications company primarily in Thailand.

Fairfax Financial Holdings

Market Cap: CA$46.7b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in Canada, the United States, the Middle East and Asia, and internationally.

Bank Hapoalim B.M

Market Cap: ₪100.0b

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

Arch Capital Group

Market Cap: US$33.4b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ122.4b

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

Muyuan Foods Group

Market Cap: CN¥224.5b

Operates as a pork company in the hog farming industry in China.

DexCom

Market Cap: US$33.1b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally.

Resona Holdings

Market Cap: JP¥5.3t

Through its subsidiaries, engages in the provision retail and commercial banking products and services in Japan and internationally.

Martin Marietta Materials

Market Cap: US$33.0b

A natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.

GE HealthCare Technologies

Market Cap: US$32.9b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Centene

Market Cap: US$32.9b

Operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States.

Chunghwa Telecom

Market Cap: NT$1.1t

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

Standard Bank Group

Market Cap: R528.6b

Provides financial products and services in South Africa and internationally.

Ajinomoto

Market Cap: JP¥5.2t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

Heidelberg Materials

Market Cap: €28.3b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Koninklijke Ahold Delhaize

Market Cap: €28.1b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Ping An Bank

Market Cap: CN¥218.3b

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