Canadian Software Defensive Blue Chips

AT&T

Market Cap: US$175.9b

Provides telecommunications and technology services worldwide.

Allianz

Market Cap: €148.5b

Provides property-casualty insurance, life/health insurance, and asset management products and services Internationally.

Verizon Communications

Market Cap: US$171.6b

Through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.

Banco Santander

Market Cap: €145.8b

Provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.

HDFC Bank

Market Cap: ₹15.2t

Provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai.

Ping An Insurance (Group) Company of China

Market Cap: CN¥1.2t

Ping An Insurance (Group) Company of China, Ltd.

KLA

Market Cap: US$163.4b

Designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide.

China Life Insurance

Market Cap: HK$1.3t

Operates as a life insurance company in the People’s Republic of China.

Toronto-Dominion Bank

Market Cap: CA$219.3b

Provides various financial products and services in Canada, the United States, and internationally.

Texas Instruments

Market Cap: US$159.4b

Designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States, China, rest of Asia, Europe, Middle East, Africa, Japan, and internationally.

China Merchants Bank

Market Cap: CN¥1.1t

Provides various banking products and services.

Deutsche Telekom

Market Cap: €131.5b

Provides integrated telecommunication services worldwide.

EssilorLuxottica Société anonyme

Market Cap: €124.5b

Designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in North America, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific.

Iberdrola

Market Cap: €121.7b

Engages in the generation, production, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia.

Boston Scientific

Market Cap: US$142.3b

Develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide.

Bharti Airtel

Market Cap: ₹12.7t

Operates as a telecommunications company in India and internationally.

Stryker

Market Cap: US$135.4b

Operates as a medical technology company.

Progressive

Market Cap: US$134.9b

Operates as an insurance company in the United States.

Analog Devices

Market Cap: US$134.6b

Engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia.

Banco Bilbao Vizcaya Argentaria

Market Cap: €114.5b

Provides retail banking, wholesale banking, and asset management services primarily in Spain, Mexico, Turkey, South America, rest of Europe, the United States, and Asia.

UniCredit

Market Cap: €110.5b

Provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe.

Anheuser-Busch InBev

Market Cap: €107.2b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

DBS Group Holdings

Market Cap: S$159.9b

Provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally.

Medtronic

Market Cap: US$123.9b

Develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.

Chubb

Market Cap: US$123.6b

Provides insurance and reinsurance products worldwide.

Sumitomo Mitsui Financial Group

Market Cap: JP¥19.4t

Provides banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania.

British American Tobacco

Market Cap: UK£91.6b

Provides tobacco and nicotine products to consumers in the Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States.

Econet Wireless Zimbabwe

Market Cap: US$15.9b

Through its subsidiaries, primarily provides mobile telecommunications and related overlay services in Zimbabwe.

Intesa Sanpaolo

Market Cap: €102.9b

Provides various financial products and services in Italy, Central/Eastern Europe, the Middle East, and North Africa.

Arm Holdings

Market Cap: US$117.6b

Arm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers.

Constellation Energy

Market Cap: US$111.5b

Produces and sells energy products and services in the United States.

Zurich Insurance Group

Market Cap: CHF 85.6b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

HCA Healthcare

Market Cap: US$108.0b

Through its subsidiaries, owns and operates hospitals and related healthcare entities in the United States.

AIA Group

Market Cap: HK$838.0b

Provides life insurance based financial services in Hong Kong.

ICICI Bank

Market Cap: ₹9.6t

Engages in the provision of various banking and financial services to retail and corporate customers in India and internationally.

Enel

Market Cap: €89.4b

Operates as an integrated operator in electricity and gas industries worldwide.