Brazilian Software Defensive Blue Chips

Punjab National Bank

Market Cap: ₹1.4t

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

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.

Everest Group

Market Cap: US$14.1b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Nexchip Semiconductor

Market Cap: CN¥94.9b

Engages in the research, development, production, and sale of integrated circuit related products in China and internationally.

Kinsus Interconnect Technology

Market Cap: NT$447.3b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

LONGi Green Energy Technology

Market Cap: CN¥94.1b

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

Banque Saudi Fransi

Market Cap: ر.س52.4b

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

Assurant

Market Cap: US$13.8b

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

BB Seguridade Participações

Market Cap: R$72.1b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ50.7b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

Mora Telematika Indonesia

Market Cap: Rp246.0t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.

Uni-President Enterprises

Market Cap: NT$440.4b

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

Suncorp Group

Market Cap: AU$19.5b

Provides insurance products and services to retail, corporate, and commercial customers in Australia and New Zealand.

Britannia Industries

Market Cap: ₹1.3t

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

Israel Discount Bank

Market Cap: ₪40.9b

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

Rede D'Or São Luiz

Market Cap: R$71.5b

Engages in the provision of hospital services in Brazil.

Globe Life

Market Cap: US$13.7b

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

Amkor Technology

Market Cap: US$13.6b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.

CNA Financial

Market Cap: US$13.6b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

Phison Electronics

Market Cap: NT$434.6b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Erie Indemnity

Market Cap: US$13.4b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Insurance Australia Group

Market Cap: AU$19.0b

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

Wens Foodstuff Group

Market Cap: CN¥90.4b

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

Baxter International

Market Cap: US$13.4b

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

Hormel Foods

Market Cap: US$13.4b

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

RenaissanceRe Holdings

Market Cap: US$13.3b

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

Metro

Market Cap: CA$18.4b

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

WH Group

Market Cap: HK$104.2b

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

Chubu Electric Power Company

Market Cap: JP¥2.1t

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

Shenzhen Techwinsemi Technology

Market Cap: CN¥89.3b

Develops, manufactures, and sells storage control chips and modules in China and internationally.

Bank of Baroda

Market Cap: ₹1.3t

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

Shanghai United Imaging Healthcare

Market Cap: CN¥89.1b

Shanghai United Imaging Healthcare Co., Ltd.

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

Anhui Conch Cement

Market Cap: CN¥88.3b

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

KT&G

Market Cap: ₩18.2t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

National Silicon Industry Group

Market Cap: CN¥88.2b

National Silicon Industry Group Co., Ltd.