German Software Defensive Blue Chips

Malayan Banking Berhad

Market Cap: RM 134.1b

Provides commercial banking and related financial products and services.

KB Financial Group

Market Cap: ₩48.3t

Provides various banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥227.8b

Advanced Micro-Fabrication Equipment Inc.

Chunghwa Telecom

Market Cap: NT$1.0t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 25.8b

Engages in the manufacture and sale of chocolate products worldwide.

Power Corporation of Canada

Market Cap: CA$45.0b

An international management and holding company, provides financial services in North America, Europe, and Asia.

Japan Post Holdings

Market Cap: JP¥5.1t

Provides postal, banking, and insurance services in Japan.

Dollar General

Market Cap: US$32.3b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Invest bank P.S.C

Market Cap: د.إ118.4b

A commercial bank, provides a range of financial products and services to corporate and retail customers in the United Arab Emirates and Lebanon.

Humana

Market Cap: US$32.2b

Provides medical and specialty insurance products in the United States.

M&T Bank

Market Cap: US$32.1b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

New China Life Insurance

Market Cap: CN¥223.6b

Provides life insurance products and services to individuals and institutions in China.

Bank Hapoalim B.M

Market Cap: ₪101.4b

Provides various banking and financial services in Israel and internationally.

Talanx

Market Cap: €27.3b

Provides insurance and reinsurance products and services worldwide.

Vodafone Group

Market Cap: UK£23.7b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

Imperial Brands

Market Cap: UK£23.6b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Archer-Daniels-Midland

Market Cap: US$31.7b

Engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions.

Sompo Holdings

Market Cap: JP¥5.0t

Provides property and casualty insurance services in Japan and internationally.

Fresenius SE KGaA

Market Cap: €26.8b

A health care company, provides products and services for chronically ill patients.

Banca Monte dei Paschi di Siena

Market Cap: €26.6b

Provides retail and commercial banking services in Italy.

Astera Labs

Market Cap: US$31.0b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

OTP Bank Nyrt

Market Cap: Ft10.2t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

Dai-ichi Life Holdings

Market Cap: JP¥4.9t

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

Ping An Bank

Market Cap: CN¥214.8b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Willis Towers Watson

Market Cap: US$30.8b

Operates as an advisory, broking, and solutions company worldwide.

GigaDevice Semiconductor

Market Cap: CN¥213.9b

Engages in the research, development, technical support, and sale of memory, microcontrollers, and sensors.

Svenska Handelsbanken

Market Cap: SEK 279.5b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Capitec Bank Holdings

Market Cap: R496.1b

Through its subsidiaries, provides various banking products and services in South Africa.

Sampo Oyj

Market Cap: €26.0b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ111.5b

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

Foshan Haitian Flavouring and Food

Market Cap: CN¥211.1b

Foshan Haitian Flavouring and Food Company Ltd.

Swiss Life Holding

Market Cap: CHF 24.0b

Provides life, pensions, and financial solutions for private and corporate clients.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł109.2b

Provides various banking products and services in Poland and internationally.

CEZ a. s

Market Cap: Kč622.7b

Engages in the generation, distribution, trade, and sale of electricity and heat in Western, Central, and Southeastern Europe.

China Unicom (Hong Kong)

Market Cap: HK$232.2b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

Amrize

Market Cap: CHF 23.4b

Engages in the provision of various building solutions for infrastructure, commercial, and residential construction markets in North America.