Croatian Software Defensive Blue Chips

Quebecor

Market Cap: CA$14.7b

Engages in the telecommunications, media, and sports and entertainment businesses in Canada.

J Sainsbury

Market Cap: UK£7.8b

Engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom.

Cullen/Frost Bankers

Market Cap: US$10.5b

Operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas.

Old Republic International

Market Cap: US$10.4b

Through its subsidiaries, provides insurance underwriting and related services in the United States and Canada.

Old National Bancorp

Market Cap: US$10.4b

Operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States.

Taiwan Mobile

Market Cap: NT$334.9b

Provides telecommunications, broadband, retail, digital, and financial services in Taiwan and internationally.

Novatek Microelectronics

Market Cap: NT$334.7b

A fabless chip design company, designs, develops and sells a range of display driver integrated circuits (IC) and system-on-a-chip (SoC) solutions in Taiwan, Asia, and internationally.

CPFL Energia

Market Cap: R$53.1b

Through its subsidiaries, operates as an energy company in Brazil.

Banca Transilvania

Market Cap: RON 46.6b

Provides various banking products and services in Romania, Italy, and the Republic of Moldova.

Beazley

Market Cap: UK£7.6b

Through its subsidiaries, provides risk insurance and reinsurance solutions in the United States, the United Kingdom, and rest of Europe.

Unicaja Banco

Market Cap: €8.9b

Engages in the retail banking business in Spain.

SG Micro

Market Cap: CN¥68.9b

Engages in the development, manufacturing and sales of comprehensive analog and mixed-signal integrated-circuit (IC) solutions in Mainland China, Hong Kong, Taiwan, and internationally.

Shree Cement

Market Cap: ₹970.6b

Engages in the manufacture and sale of cement and clinker in India and internationally.

United Nova TechnologyLtd

Market Cap: CN¥68.8b

Manufactures and markets power discrete and modules in China and internationally.

Ensign Group

Market Cap: US$10.2b

Provides skilled nursing, senior living, and rehabilitative services.

Universal Health Services

Market Cap: US$10.2b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

Medibank Private

Market Cap: AU$14.4b

Provides private health insurance in Australia.

Menora Mivtachim Holdings

Market Cap: ₪30.5b

Operates in insurance and finance sectors in Israel.

Eneva

Market Cap: R$51.7b

An integrated energy company, engages in the exploration, production, and commercialization of natural gas and liquids in Brazil.

Glaukos

Market Cap: US$10.1b

An ophthalmic pharmaceutical and medical technology company, develops therapies for the treatment of glaucoma, corneal disorders, and retinal diseases in the United States and internationally.

Skyworks Solutions

Market Cap: US$10.1b

Develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.

Boubyan Bank K.S.C.P

Market Cap: د.ك3.1b

Provides various banking products and services in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.