Colombian Software Defensive Blue Chips

QNB Bank

Market Cap: ₺2.7t

Provides various banking products and services in Turkey.

Nongfu Spring

Market Cap: HK$522.1b

Produces and sells packaged drinking water and beverage products primarily in Mainland China.

Wuliangye YibinLtd

Market Cap: CN¥475.7b

Manufactures and sells liquor and wine products under the Wuliangye brand in China.

KDDI

Market Cap: JP¥9.7t

Engages in the provision of telecommunications services in Japan and internationally.

CRH

Market Cap: US$65.6b

Provides building materials solutions in Ireland, the United States, the United Kingdom, rest of Europe, and internationally.

Semiconductor Manufacturing International

Market Cap: HK$514.8b

An investment holding company, engages in the manufacture, testing, and sale of integrated circuits wafer and various compound semiconductors in the United States, China, and Eurasia.

Tokyo Electron

Market Cap: JP¥9.6t

Develops, manufactures, and sells semiconductor production equipment in Japan, Europe, North America, Taiwan, China, South Korea, and internationally.

Marvell Technology

Market Cap: US$64.9b

Provides data infrastructure semiconductor solutions, spanning the data center core to network edge.

Lloyds Banking Group

Market Cap: UK£47.7b

Provides a range of banking and financial products and services in the United Kingdom and internationally.

Life Insurance Corporation of India

Market Cap: ₹5.6t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Bank Central Asia

Market Cap: Rp1022.9t

Provides banking products and other financial services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally.

Elevance Health

Market Cap: US$62.2b

Operates as a health benefits company in the United States.

China CITIC Bank

Market Cap: HK$475.6b

Provides various banking products and services in the People’s Republic of China and internationally.

Diageo

Market Cap: UK£45.0b

Engages in the production, marketing, and sale of alcoholic beverages.

Travelers Companies

Market Cap: US$60.2b

Through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally.

ANZ Group Holdings

Market Cap: AU$92.2b

Provides various banking and financial products and services to retail, individuals and business customers in Australia and internationally.

Siemens Healthineers

Market Cap: €51.5b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide.

Oversea-Chinese Banking

Market Cap: S$76.8b

Provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally.

Barito Renewables Energy

Market Cap: Rp969.9t

Engages in the generation and sale of power through geothermal and wind resources in Indonesia.

ITC

Market Cap: ₹5.2t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

Assicurazioni Generali

Market Cap: €50.7b

Provides various insurance solutions under the Generali brand in the Americas, Italy, rest of Europe, Africa, the Middle East, Asia, and the Oceania.

Nu Holdings

Market Cap: US$59.0b

Provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States.

Shanghai Pudong Development Bank

Market Cap: CN¥421.6b

Shanghai Pudong Development Bank Co., Ltd.

Monster Beverage

Market Cap: US$58.0b

Through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally.

Crédit Agricole

Market Cap: €49.6b

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

Swiss Re

Market Cap: CHF 46.2b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Japan Tobacco

Market Cap: JP¥8.4t

A tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally.

Saudi National Bank

Market Cap: ر.س214.3b

Through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally.

Saudi Telecom

Market Cap: ر.س210.7b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

NatWest Group

Market Cap: UK£41.6b

Provides banking and financial products and services in the United Kingdom and internationally.

Truist Financial

Market Cap: US$55.5b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

Allstate

Market Cap: US$55.1b

Provides property and casualty, and other insurance products in the United States and Canada.

Cencora

Market Cap: US$55.0b

Cencora, Inc. sources and distributes pharmaceutical products in the United States and internationally.

Aflac

Market Cap: US$54.7b

Through its subsidiaries, provides supplemental health and life insurance products.

América Móvil. de

Market Cap: Mex$1.0t

Provides telecommunications services in Latin America and internationally.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ198.4b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.