Estonia Software Defensive Blue Chips

McKesson

Market Cap: US$106.7b

Provides healthcare services in the United States and internationally.

EssilorLuxottica Société anonyme

Market Cap: €91.1b

Designs, manufactures, and distributes ophthalmic lenses, frames, sunglasses, and instruments and equipment in North America, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific.

State Bank of India

Market Cap: ₹9.8t

Provides banking products and services in India and internationally.

Marvell Technology

Market Cap: US$104.9b

Provides data infrastructure semiconductor solutions and spanning the data center core to network edge in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, Vietnam, and internationally.

Mizuho Financial Group

Market Cap: JP¥16.5t

Engages in banking, trust banking, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally.

Kioxia Holdings

Market Cap: JP¥16.4t

Engages in the development, production and sale of flash memory and solid state drives (SSDs) in Japan and internationally.

Westpac Banking

Market Cap: AU$146.0b

Provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe.

Constellation Energy

Market Cap: US$103.0b

Produces and sells energy products and services in the United States.

ICICI Bank

Market Cap: ₹9.5t

Engages in the provision of various banking and financial services to retail and corporate customers in India and internationally.

CVS Health

Market Cap: US$101.0b

Provides health solutions in the United States.

Comcast

Market Cap: US$100.6b

Operates as a media and technology company worldwide.

AXA

Market Cap: €85.2b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

Bank of Montreal

Market Cap: CA$137.5b

Engages in the provision of diversified financial services primarily in North America.

National Australia Bank

Market Cap: AU$138.8b

Provides financial services to individuals and businesses in Australia, New Zealand, Europe, Asia, the United States, and internationally.

NFiniTi

Market Cap: US$95.5b

Operates as an alcoholic beverage company that specializes in producing ready-to-drink cocktails across the Western Hemisphere.

Canadian Imperial Bank of Commerce

Market Cap: CA$128.5b

A diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally.

Boston Scientific

Market Cap: US$93.0b

Develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide.

National Grid

Market Cap: UK£67.2b

Engages in the transmission and distribution of electricity and gas.

PNC Financial Services Group

Market Cap: US$89.0b

Operates as a diversified financial services company in the United States.

Bank of Nova Scotia

Market Cap: CA$121.4b

Provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally.

CaixaBank

Market Cap: €73.8b

Provides various banking products and services for individuals and businesses in Spain, Portugal, and internationally.

U.S. Bancorp

Market Cap: US$85.9b

A financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States.

Postal Savings Bank of China

Market Cap: HK$672.9b

Provides various banking products and services for retail and corporate customers in the People’s Republic of China.

Marsh & McLennan Companies

Market Cap: US$85.1b

A professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide.

Bank of Communications

Market Cap: HK$664.5b

Provides commercial banking products and services in China and internationally.

Tokio Marine Holdings

Market Cap: JP¥13.3t

Engages in the non-life and life insurance, and financial and general businesses in Japan and internationally.

Engie

Market Cap: €71.0b

Engages in renewables and decentralized and low-carbon energy networks in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

ANZ Group Holdings

Market Cap: AU$116.9b

Engages in the provision of banking and financial products and services to retail and business customers in Australia and internationally.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €70.5b

Engages in the insurance and reinsurance businesses worldwide.

ING Groep

Market Cap: €70.2b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

América Móvil. de

Market Cap: Mex$1.4t

Provides telecommunications services in Latin America and internationally.

Barclays

Market Cap: UK£59.4b

Provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia.

Lloyds Banking Group

Market Cap: UK£58.9b

Provides a range of banking and financial products and services for retail and commercial customers in the United Kingdom.

Oversea-Chinese Banking

Market Cap: S$100.8b

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

MediaTek

Market Cap: NT$2.5t

Engages in the research, development, production, manufacture, and marketing of multimedia integrated circuits (ICs) in Taiwan, rest of Asia, and internationally.

Hygon Information Technology

Market Cap: CN¥537.7b

Engages in the research and development of processors, accelerators, and other computing chip products and systems in China.