Finnish Software Defensive Blue Chips

NMBZ Holdings

Market Cap: US$2.1b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

Union Bank of India

Market Cap: ₹1.5t

Provides banking products and services in India.

Asahi Group Holdings

Market Cap: JP¥2.5t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

WH Group

Market Cap: HK$127.0b

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

Punjab National Bank

Market Cap: ₹1.5t

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

Raiffeisen Bank International

Market Cap: €13.7b

Offers banking services to corporate, private, and institutional customers.

East West Bancorp

Market Cap: US$16.2b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Osaka Gas

Market Cap: JP¥2.5t

Provides gas, electricity, and other energy products and services in Japan and internationally.

Samsung Fire & Marine Insurance

Market Cap: ₩23.4t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Cooper Companies

Market Cap: US$16.1b

Develops, manufactures, and markets contact lens wearers.

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.

Grupo Financiero Inbursa. de

Market Cap: Mex$272.9b

Provides various financial products and services to individuals and businesses in Mexico.

Israel Discount Bank

Market Cap: ₪49.4b

Provides various banking and financial services in Israel, Europe, and North America.

Jerónimo Martins SGPS

Market Cap: €13.4b

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

SCB X

Market Cap: ฿495.0b

Engages banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 68.1b

Produces and supplies hydro, wind, and energy electricity in Romania.

Banco Comercial Português

Market Cap: €13.3b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

Kasikornbank

Market Cap: ฿486.7b

Provides commercial banking products and services in Thailand and internationally.

Banco de Crédito e Inversiones

Market Cap: CL$13.5t

Provides various banking products and services in Chile, United States, and Peru.

Hua Xia Bank

Market Cap: CN¥107.1b

Provides commercial banking services in China and Hong Kong.

Saudi Electricity

Market Cap: ر.س58.1b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Turkiye Garanti Bankasi

Market Cap: ₺676.6b

Provides various banking products and services in Turkey.

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.

Fidelity National Financial

Market Cap: US$15.4b

Provides various insurance products in the United States.

Hua Nan Financial Holdings

Market Cap: NT$481.5b

Provides financial services in Taiwan and internationally.

Canara Bank

Market Cap: ₹1.4t

Provides various banking products and services in India and internationally.

Sonova Holding

Market Cap: CHF 11.7b

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.

Smith & Nephew

Market Cap: UK£11.2b

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

Metro

Market Cap: CA$20.7b

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

True Corporation

Market Cap: ฿473.4b

Provides telecommunications and value-added services in Thailand.

ING Bank Slaski

Market Cap: zł53.9b

Provides various banking products and services for retail clients and businesses in Poland.

Winbond Electronics

Market Cap: NT$474.8b

Engages in the design, development, manufacture, and marketing of very large scale integration integrated circuits (ICs) for various microelectronic applications in Asia, the Americas, Europe, and internationally.

Shanghai United Imaging Healthcare

Market Cap: CN¥103.3b

Shanghai United Imaging Healthcare Co., Ltd.

National Bank of Greece

Market Cap: €12.6b

Provides financial products and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom.

China Jushi

Market Cap: CN¥103.0b

Engages in the manufacture and sale of fiberglass and related products in China and internationally.

Brookfield Renewable

Market Cap: US$14.9b

Owns and operates a portfolio of renewable power and sustainable solution assets.