Swiss Software Defensive Blue Chips

Attijariwafa bank

Market Cap: د.م151.2b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق60.2b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Banco de Crédito e Inversiones

Market Cap: CL$14.1t

Provides various banking products and services in Chile, United States, and Peru.

Unipol Assicurazioni

Market Cap: €13.9b

Provides insurance products and services primarily in Italy.

Raiffeisen Bank International

Market Cap: €13.8b

Offers banking services to corporate, private, and institutional customers.

East West Bancorp

Market Cap: US$16.4b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

NMBZ Holdings

Market Cap: US$2.1b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

Cooper Companies

Market Cap: US$16.3b

Develops, manufactures, and markets contact lens wearers.

Israel Discount Bank

Market Cap: ₪49.9b

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

Britannia Industries

Market Cap: ₹1.5t

Manufactures and sells various food products in India and internationally.

Talen Energy

Market Cap: US$16.2b

An independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States.

WH Group

Market Cap: HK$125.7b

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

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

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

National Bank of Greece

Market Cap: €13.5b

Provides financial products and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom.

Asahi Group Holdings

Market Cap: JP¥2.4t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

China Jushi

Market Cap: CN¥110.0b

Engages in the manufacture and sale of fiberglass and related products in China and internationally.

BE Semiconductor Industries

Market Cap: €13.3b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Saudi Electricity

Market Cap: ر.س59.1b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Grupo Financiero Inbursa. de

Market Cap: Mex$271.4b

Provides various financial products and services to individuals and businesses in Mexico.

Turkiye Garanti Bankasi

Market Cap: ₺685.9b

Provides various banking products and services in Turkey.

Jerónimo Martins SGPS

Market Cap: €13.2b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

Sonova Holding

Market Cap: CHF 12.0b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Fidelity National Financial

Market Cap: US$15.5b

Provides various insurance products in the United States.

Banco Comercial Português

Market Cap: €13.0b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

James Hardie Industries

Market Cap: AU$21.6b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

SCB X

Market Cap: ฿476.4b

Engages banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 65.9b

Produces and supplies hydro, wind, and energy electricity in Romania.

Punjab National Bank

Market Cap: ₹1.4t

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

ING Bank Slaski

Market Cap: zł54.4b

Provides various banking products and services for retail clients and businesses in Poland.

Hua Nan Financial Holdings

Market Cap: NT$481.5b

Provides financial services in Taiwan and internationally.

Union Bank of India

Market Cap: ₹1.4t

Provides banking products and services in India.

Hua Xia Bank

Market Cap: CN¥105.0b

Provides commercial banking services in China and Hong Kong.

True Corporation

Market Cap: ฿469.9b

Provides telecommunications and value-added services in Thailand.

Smith & Nephew

Market Cap: UK£11.1b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Tower Semiconductor

Market Cap: US$15.1b

An independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe.

Shanghai United Imaging Healthcare

Market Cap: CN¥104.3b

Shanghai United Imaging Healthcare Co., Ltd.