Canadian Software Defensive Blue Chips

Fomento Económico Mexicano. de

Market Cap: Mex$583.9b

Through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.

Japan Post Holdings

Market Cap: JP¥5.2t

Provides postal, banking, and insurance services in Japan.

Bank Hapoalim B.M

Market Cap: ₪104.4b

Provides various banking and financial services in Israel and internationally.

Chunghwa Telecom

Market Cap: NT$1.0t

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

Humana

Market Cap: US$32.9b

Provides medical and specialty insurance products in the United States.

Dollar General

Market Cap: US$32.7b

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

Arch Capital Group

Market Cap: US$32.7b

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

Power Corporation of Canada

Market Cap: CA$45.5b

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

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 26.1b

Engages in the manufacture and sale of chocolate products worldwide.

Fresenius SE KGaA

Market Cap: €28.1b

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

Sompo Holdings

Market Cap: JP¥5.1t

Provides property and casualty insurance services in Japan and internationally.

Fifth Third Bancorp

Market Cap: US$32.5b

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.

Advanced Info Service

Market Cap: ฿1.0t

Operates as a telecommunications and technology company primarily in Thailand.

Dai-ichi Life Holdings

Market Cap: JP¥5.1t

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

Imperial Brands

Market Cap: UK£24.0b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

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.

M&T Bank

Market Cap: US$32.2b

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.

New China Life Insurance

Market Cap: CN¥224.4b

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

Vodafone Group

Market Cap: UK£23.6b

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

Willis Towers Watson

Market Cap: US$31.5b

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

Archer-Daniels-Midland

Market Cap: US$31.3b

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

Banca Monte dei Paschi di Siena

Market Cap: €26.8b

Provides retail and commercial banking services in Italy.

KB Financial Group

Market Cap: ₩45.7t

Provides various banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally.

OTP Bank Nyrt

Market Cap: Ft10.3t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

Ping An Bank

Market Cap: CN¥215.8b

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

Swiss Life Holding

Market Cap: CHF 24.7b

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

Sampo Oyj

Market Cap: €26.6b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

Astera Labs

Market Cap: US$30.7b

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

Svenska Handelsbanken

Market Cap: SEK 283.3b

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

Foshan Haitian Flavouring and Food

Market Cap: CN¥213.0b

Foshan Haitian Flavouring and Food Company Ltd.

Capitec Bank Holdings

Market Cap: R499.5b

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

Amrize

Market Cap: CHF 24.1b

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

China Unicom (Hong Kong)

Market Cap: HK$235.6b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ109.6b

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

Adani Power

Market Cap: ₹2.7t

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.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł108.4b

Provides various banking products and services in Poland and internationally.