German Software Defensive Blue Chips

Tryg

Market Cap: DKK 92.2b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Globe Life

Market Cap: US$14.2b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Piraeus Bank

Market Cap: €12.3b

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

Fisher & Paykel Healthcare

Market Cap: NZ$24.2b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Cooper Companies

Market Cap: US$14.2b

Develops, manufactures, and markets contact lens wearers.

Shanghai United Imaging Healthcare

Market Cap: CN¥95.5b

Shanghai United Imaging Healthcare Co., Ltd.

Metro

Market Cap: CA$19.6b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Fidelity National Financial

Market Cap: US$14.0b

Provides various insurance products in the United States.

Assurant

Market Cap: US$14.0b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Britannia Industries

Market Cap: ₹1.3t

Engages in manufacturing, trading, and sale of various food products in India and internationally.

Hormel Foods

Market Cap: US$14.0b

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

Insurance Australia Group

Market Cap: AU$19.9b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

SiTime

Market Cap: US$13.9b

Engages in the design, development, and sale of silicon timing systems solutions in Hong Kong, Taiwan, the United States, Singapore, and internationally.

Union Bank of India

Market Cap: ₹1.3t

Provides banking products and services in India.

Shanghai Iluvatar CoreX Semiconductor

Market Cap: HK$108.9b

Shanghai Iluvatar CoreX Semiconductor Co., Ltd.

United Utilities Group

Market Cap: UK£10.3b

Provides water and wastewater services in the United Kingdom.

Baxter International

Market Cap: US$13.8b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

WH Group

Market Cap: HK$108.0b

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

Anhui Conch Cement

Market Cap: CN¥92.8b

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

Unum Group

Market Cap: US$13.7b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Wens Foodstuff Group

Market Cap: CN¥92.8b

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

Eastroc Beverage (Group)

Market Cap: CN¥92.7b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.

McCormick

Market Cap: US$13.7b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Punjab National Bank

Market Cap: ₹1.3t

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

Fresenius Medical Care

Market Cap: €11.8b

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

Banque Cantonale Vaudoise

Market Cap: CHF 10.9b

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

HANMI Semiconductor

Market Cap: ₩19.2t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥90.7b

Henan Shuanghui Investment & Development Co.,Ltd.

Bank of Baroda

Market Cap: ₹1.3t

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

Origin Energy

Market Cap: AU$19.1b

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.

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

Brown-Forman

Market Cap: US$13.3b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

Banque Saudi Fransi

Market Cap: ر.س49.7b

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

RenaissanceRe Holdings

Market Cap: US$13.2b

Provides reinsurance and insurance products in 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.

Smith & Nephew

Market Cap: UK£9.7b

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