Botswanan Software Defensive Blue Chips

Banco Santander (Brasil)

Market Cap: R$137.5b

Provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally.

BT Group

Market Cap: UK£19.0b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Luzhou LaojiaoLtd

Market Cap: CN¥180.0b

Produces and sells alcoholic products in China and internationally.

STERIS

Market Cap: US$25.9b

Provides infection prevention products and services worldwide.

Astera Labs

Market Cap: US$25.7b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

Markel Group

Market Cap: US$25.6b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

W. R. Berkley

Market Cap: US$25.6b

An insurance holding company, operates as a commercial line writer worldwide.

BNP Paribas Fortis

Market Cap: €21.6b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

China National Nuclear Power

Market Cap: CN¥176.1b

Engages in the investment, development, construction, operation, and management of nuclear power projects in the People's Republic of China.

Sigma Healthcare

Market Cap: AU$36.1b

Operates as a retail pharmacy franchisor and pharmaceutical wholesale and distributor to community pharmacies primarily in Australia.

Cincinnati Financial

Market Cap: US$25.3b

Provides property casualty insurance products in the United States.

Regions Financial

Market Cap: US$25.3b

A financial holding company, provides various banking and related products and services to individual and corporate customers.

VERBUND

Market Cap: €21.3b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ91.9b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

First Citizens BancShares

Market Cap: US$24.9b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

JD Health International

Market Cap: HK$193.5b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

ON Semiconductor

Market Cap: US$24.8b

Provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally.

First Solar

Market Cap: US$24.7b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

American Water Works Company

Market Cap: US$24.7b

Through its subsidiaries, provides water and wastewater services in the United States.

AIB Group

Market Cap: €20.9b

Provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

STMicroelectronics

Market Cap: €20.9b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

China Tower

Market Cap: HK$191.9b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س91.6b

Provides private health and ancillary services.

Public Bank Berhad

Market Cap: RM 95.6b

Provides banking products and services.

KeyCorp

Market Cap: US$24.3b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

United Microelectronics

Market Cap: NT$765.4b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥167.7b

Inner Mongolia Yili Industrial Group Co., Ltd.

Huaneng Lancang River Hydropower

Market Cap: CN¥167.3b

Engages in the development, construction, operation, and management of hydropower and new energy power generation projects.

CLP Holdings

Market Cap: HK$188.1b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Brown & Brown

Market Cap: US$24.0b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally.

Federal Home Loan Mortgage

Market Cap: US$23.9b

Operates in the secondary mortgage market in the United States.

CIMB Group Holdings Berhad

Market Cap: RM 92.4b

Provides various banking products and services in Malaysia and internationally.

GlobalFoundries

Market Cap: US$23.4b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide.

Banco de Chile

Market Cap: CL$20.0t

Operates as a commercial bank that provides banking services in Chile.

Banco de Crédito del Perú

Market Cap: S/78.5b

Provides banking products and services to individuals, small and medium-sized enterprises (SME), and companies in Peru, Panama, and the United States.

Dollar Tree

Market Cap: US$23.3b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.