Swiss Software Defensive Blue Chips

Amkor Technology

Market Cap: US$13.9b

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

Industrial Bank of Korea

Market Cap: ₩19.9t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

Mashreqbank PSC

Market Cap: د.إ50.5b

Provides various banking and financial services to individuals and corporates.

Adani Energy Solutions

Market Cap: ₹1.2t

Generates, transmits, and distributes power in India.

Phoenix Financial

Market Cap: ₪42.0b

Provides multi-line insurance products in Israel.

Absa Group

Market Cap: R216.4b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Krung Thai Bank

Market Cap: ฿422.8b

Engages in commercial banking business in Thailand and internationally.

Indus Towers

Market Cap: ₹1.2t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

Origin Energy

Market Cap: AU$19.0b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Technoprobe

Market Cap: €11.4b

Produces and sells electronic circuits in Italy, Asia, the United States, and rest of Europe.

Zimre Holdings

Market Cap: US$1.7b

Provides insurance, reinsurance, reassurance, and property management and development services in Zimbabwe, Botswana, Malawi, Mozambique, and Zambia.

First Financial Holding

Market Cap: NT$423.5b

Through its subsidiaries, provides various financial products and services in Taiwan, Asia, America, Europe, Oceania, and internationally.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ49.4b

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

Everest Group

Market Cap: US$13.5b

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

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥92.5b

Henan Shuanghui Investment & Development Co.,Ltd.

Coca-Cola Consolidated

Market Cap: US$13.4b

Manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States.

Hormel Foods

Market Cap: US$13.4b

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

Indian Bank

Market Cap: ₹1.2t

Provides various banking products and services.

Sanlam

Market Cap: R211.5b

Provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, Asia, and internationally.

Universal Health Services

Market Cap: US$13.3b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫340.5t

Provides various banking products and services for individuals, corporate customers, and financial institutions in Vietnam.

Penumbra

Market Cap: US$13.3b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Uni-President Enterprises

Market Cap: NT$417.1b

Produces and sells food products in Taiwan and internationally.

Kirin Holdings Company

Market Cap: JP¥2.0t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

T&D Holdings

Market Cap: JP¥2.0t

Through its subsidiaries, provides insurance products and services in Japan.

CNA Financial

Market Cap: US$13.2b

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

Helvetia Baloise Holding

Market Cap: CHF 10.2b

Engages in life and non-life insurance, and reinsurance business in Switzerland, Germany, Austria, Spain, Italy, France, and internationally.

IDBI Bank

Market Cap: ₹1.2t

Provides banking and financial solutions to retail and corporate customers in India.

Fresenius Medical Care

Market Cap: €11.1b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Piotech

Market Cap: CN¥90.5b

Engages in the research and development, production, sales, and technical services of high-end semiconductor special equipment in China.

SCREEN Holdings

Market Cap: JP¥2.0t

Develops, manufactures, and markets semiconductor production equipment in Japan, Taiwan, South Korea, China, the United States, Europe, and internationally.

Guangdong Haid Group

Market Cap: CN¥90.3b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

bioMérieux

Market Cap: €11.0b

Develops, manufactures, and markets in vitro diagnostic solutions for infectious diseases in France, Europe, Africa, the Middle East, North and South America, the Asia Pacific, and internationally.

Italgas

Market Cap: €11.0b

Engages in the distribution of natural gas in Italy, Greece, and Other European Union countries.

RenaissanceRe Holdings

Market Cap: US$13.0b

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

SinoPac Financial Holdings

Market Cap: NT$407.9b

Through its subsidiaries, provides banking, securities, investment, leasing, and venture capital services worldwide.