Finnish Software Defensive Blue Chips

Hologic

Market Cap: US$16.5b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

Huaneng Power International

Market Cap: HK$128.0b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China and internationally.

Coca-Cola HBC

Market Cap: UK£12.6b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

SDIC Power Holdings

Market Cap: CN¥116.3b

Engages in the electricity generation business in China.

Hana Financial Group

Market Cap: ₩23.5t

Through its subsidiaries, provides financial services in South Korea.

Arca Continental. de

Market Cap: Mex$304.4b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Bank of Hangzhou

Market Cap: CN¥116.0b

Provides various banking products and services for individuals, corporate, and small and micro businesses in China.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق58.7b

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

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

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

Bank of Ireland Group

Market Cap: €14.0b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

Unipol Assicurazioni

Market Cap: €13.9b

Provides insurance products and services primarily in Italy.

Punjab National Bank

Market Cap: ₹1.4t

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

Sonova Holding

Market Cap: CHF 12.9b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Jerónimo Martins SGPS

Market Cap: €13.8b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

E.SUN Financial Holding Company

Market Cap: NT$489.5b

Provides various financial banking products and services in Taiwan.

Ambuja Cements

Market Cap: ₹1.4t

Manufactures, markets, and sells cement and related products to individual homebuilders, developers, infrastructure projects, masons and contractors, professionals, and architects and engineers in India.

Shanghai United Imaging Healthcare

Market Cap: CN¥112.3b

Shanghai United Imaging Healthcare Co., Ltd.

Aier Eye Hospital Group

Market Cap: CN¥111.9b

Operates as a ophthalmology chain medical company in China, Hong Kong, Europe, the United States, and Southeast Asia.

Smith & Nephew

Market Cap: UK£12.0b

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

Hua Xia Bank

Market Cap: CN¥111.2b

Provides commercial banking services in China and Hong Kong.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$2.0b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Wilmar International

Market Cap: S$20.2b

Operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally.

Mediobanca Banca di Credito Finanziario

Market Cap: €13.5b

Provides various banking products and services in Italy, Other European countries, the United States, Asia, and internationally.

Performance Food Group

Market Cap: US$15.4b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Celsius Holdings

Market Cap: US$15.3b

Develops, processes, manufactures, markets, sells, and distributes functional energy drinks in the United States, North America, Europe, the Asia Pacific, and internationally.

TS Financial Holding

Market Cap: NT$472.5b

Provides various financial products and services.

Telia Company

Market Cap: SEK 145.7b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

Grupo Cibest

Market Cap: Col$58.8t

Provides various banking products and services in Colombia and internationally.

Fidelity National Financial

Market Cap: US$15.0b

Provides various insurance products in the United States.

Vodacom Group

Market Cap: R261.7b

Provides communications products and services.

Erie Indemnity

Market Cap: US$14.9b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Jiangsu Yanghe Distillery

Market Cap: CN¥106.3b

Offers liquors and wines.

Tryg

Market Cap: DKK 96.9b

Provides insurance products and services for private and corporate customers, and small and medium-sized businesses in Denmark, Sweden, the United Kingdom, and Norway.

JBS

Market Cap: US$14.9b

Operates as a protein and food company worldwide.

bioMérieux

Market Cap: €12.9b

Develops, manufactures, and markets in vitro diagnostic solutions for infectious diseases in France, Europe, Africa, the Middle East, North and South America, the Asia Pacific, and internationally.