Global Software Defensive Blue Chips

Truist Financial

Market Cap: US$61.9b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

Nongfu Spring

Market Cap: HK$482.9b

Produces and sells packaged drinking water and beverage products primarily in Mainland China.

MetLife

Market Cap: US$61.3b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

Société Générale Société anonyme

Market Cap: €52.3b

Provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally.

KBC Group

Market Cap: €52.2b

Provides banking, insurance, and asset management services in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

Saudi Telecom

Market Cap: ر.س222.7b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ217.0b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.

National Bank of Canada

Market Cap: CA$81.7b

Provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally.

Aflac

Market Cap: US$58.9b

Through its subsidiaries, provides supplemental health and life insurance products.

Nanya Technology

Market Cap: NT$1.9t

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

Great-West Lifeco

Market Cap: CA$80.8b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Singapore Telecommunications

Market Cap: S$73.6b

Provides telecommunication services in Singapore, Australia, and internationally.

Teradyne

Market Cap: US$56.8b

Engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.

Industrial Bank

Market Cap: CN¥381.1b

Provides banking products and services in the People’s Republic of China.

NXP Semiconductors

Market Cap: US$56.3b

Provides semiconductor products in the United States, Germany, Japan, South Korea, Taiwan, Singapore, the Netherlands, Mainland China, Hong Kong, and internationally.

Alimentation Couche-Tard

Market Cap: CA$77.4b

Operates and licenses convenience stores in North America, Europe, and Asia.

Sempra

Market Cap: US$55.8b

Engages in the regulated utilities business in the United States and Mexico.

Cardinal Health

Market Cap: US$55.4b

Operates as a healthcare services and products company in the United States and internationally.

Erste Group Bank

Market Cap: €47.1b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.

Life Insurance Corporation of India

Market Cap: ₹5.2t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

E.ON

Market Cap: €46.8b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥360.2b

Advanced Micro-Fabrication Equipment Inc.

Emirates NBD Bank PJSC

Market Cap: د.إ195.8b

Engages in the provision of corporate, institutional, retail, treasury, and Islamic banking services.

United Overseas Bank

Market Cap: S$67.1b

Provides banking products and services worldwide.

Edwards Lifesciences

Market Cap: US$52.3b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

Becton Dickinson

Market Cap: US$51.8b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

Commerzbank

Market Cap: €44.2b

Provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, and Asia.

Diageo

Market Cap: UK£37.8b

Engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific, Latin America and Caribbean, and Africa.

HOYA

Market Cap: JP¥8.2t

A med-tech company, provides high-tech and medical products in the Japan, Asia, the Americas, Europe, and internationally.

Siemens Healthineers

Market Cap: €44.0b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers in Germany, the United States, rest of Europe, CIS, Africa, the Middle East, the Americas, the Asia Pacific, Japan, and China.

Swiss Re

Market Cap: CHF 41.1b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Loblaw Companies

Market Cap: CA$70.8b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.

Emirates Telecommunications Group Company PJSC

Market Cap: د.إ187.3b

Provides telecommunications services, media, and related equipment in the United Arab Emirates and internationally.

Astera Labs

Market Cap: US$50.4b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States.

Endesa

Market Cap: €43.0b

Engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, the United Kingdom, Switzerland, Luxembourg, the Netherlands, Singapore, Italy, Morocco, and internationally.

Holcim

Market Cap: CHF 40.2b

Provides building materials and solutions in Europe, Latin America, and Asia, Middle East, and Africa.