Ivorian Software Defensive Blue Chips

Realtek Semiconductor

Market Cap: NT$421.2b

Engages in the research, development, production, and sale of various integrated circuits and related application software in Taiwan, Asia, and internationally.

LONGi Green Energy Technology

Market Cap: CN¥88.7b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

Piraeus Bank

Market Cap: €11.4b

Provides various banking products and services in Greece, Europe, and internationally.

Bank of Baroda

Market Cap: ₹1.2t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Banque Saudi Fransi

Market Cap: ر.س48.8b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Banque Cantonale Vaudoise

Market Cap: CHF 10.5b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Fresenius Medical Care

Market Cap: €11.3b

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

Osaka Gas

Market Cap: JP¥2.1t

Provides natural gas, electricity, and other energy products and services in Japan and internationally.

Wens Foodstuff Group

Market Cap: CN¥87.3b

Engages in the agricultural and animal husbandry businesses in China and internationally.

WH Group

Market Cap: HK$100.6b

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

Anhui Conch Cement

Market Cap: CN¥86.8b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

iA Financial

Market Cap: CA$18.1b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Etihad Etisalat

Market Cap: ر.س47.9b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Smith & Nephew

Market Cap: UK£9.5b

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

KT&G

Market Cap: ₩19.1t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

ROHM

Market Cap: JP¥2.1t

Manufactures and sells electronic components worldwide.

Shanghai United Imaging Healthcare

Market Cap: CN¥86.1b

Shanghai United Imaging Healthcare Co., Ltd.

HDFC Life Insurance

Market Cap: ₹1.2t

Engages in the provision of individual and group insurance solutions in India.

SG Micro

Market Cap: CN¥85.9b

Engages in the development, manufacturing and sales of comprehensive analog and mixed-signal integrated-circuit (IC) solutions in Mainland China, Hong Kong, Taiwan, and internationally.

HANMI Semiconductor

Market Cap: ₩18.9t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Penumbra

Market Cap: US$12.5b

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

Tokyo GasLtd

Market Cap: JP¥2.0t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Webster Financial

Market Cap: US$12.5b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Israel Discount Bank

Market Cap: ₪37.9b

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

Dangote Cement

Market Cap: ₦17.0t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Rockchip Electronics

Market Cap: CN¥84.3b

Operates as a fabless IC design company focusing on Intelligent IoT in China.

Kinsus Interconnect Technology

Market Cap: NT$397.8b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Almarai

Market Cap: ر.س46.4b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

BUA Foods

Market Cap: ₦16.9t

Processes, manufactures, produces, and distributes food materials in Nigeria.

Union Bank of India

Market Cap: ₹1.2t

Provides banking products and services in India.

Origin Energy

Market Cap: AU$17.8b

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.

CP ALL

Market Cap: ฿412.2b

Operates convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internationally.

Taiwan Cooperative Financial Holding

Market Cap: NT$393.6b

Provides banking, insurance, securities, bills finance, investment trust, asset management, and capital management services in Taiwan.

First Horizon

Market Cap: US$12.2b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

Punjab National Bank

Market Cap: ₹1.2t

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

Molina Healthcare

Market Cap: US$12.1b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces in the United States.