Italian Software Defensive Blue Chips

Koninklijke Ahold Delhaize

Market Cap: €31.4b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Prudential Financial

Market Cap: US$35.8b

Provides insurance, investment management, and other financial products and services in the United States, Japan and internationally.

Erste Group Bank

Market Cap: €31.3b

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

Hartford Insurance Group

Market Cap: US$35.0b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

Monolithic Power Systems

Market Cap: US$35.0b

Designs, develops, markets, and sells semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets in the United States, China, Taiwan, South Korea, Europe, Southeast Asia, Japan, and internationally.

DexCom

Market Cap: US$34.9b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally.

Skandinaviska Enskilda Banken

Market Cap: SEK 341.0b

Provides corporate, retail, investment, and private banking services.

Great-West Lifeco

Market Cap: CA$48.3b

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

CBZ Holdings

Market Cap: US$4.5b

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

Ambev

Market Cap: R$194.3b

Through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada.

Martin Marietta Materials

Market Cap: US$34.7b

A natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.

Muyuan Foods

Market Cap: CN¥248.8b

Operates in the hog industry in China.

Sun Life Financial

Market Cap: CA$47.7b

A financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.

Talanx

Market Cap: €30.1b

Provides insurance and reinsurance products and services worldwide.

Bank Rakyat Indonesia (Persero)

Market Cap: Rp558.9t

Provides various banking products and services in Indonesia and internationally.

Seven & i Holdings

Market Cap: JP¥5.1t

Operates convenience stores, superstores, and department stores in Japan, North America, and internationally.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 27.5b

Engages in the manufacture and sale of chocolate products worldwide.

Kraft Heinz

Market Cap: US$33.7b

Manufactures and markets food and beverage products in North America and internationally.

Chunghwa Telecom

Market Cap: NT$1.0t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

Ping An Bank

Market Cap: CN¥238.3b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

NAURA Technology Group

Market Cap: CN¥238.0b

Engages in the research and development, production, sale, and technical services of semiconductors in the People's Republic of China.

MS&AD Insurance Group Holdings

Market Cap: JP¥5.0t

An insurance holding company, provides insurance and financial services worldwide.

Danske Bank

Market Cap: DKK 214.4b

Provides various banking products and services to corporate, institutional, and international clients.

GE HealthCare Technologies

Market Cap: US$32.7b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Prudential

Market Cap: UK£24.7b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

NRG Energy

Market Cap: US$32.6b

Operates as an energy and home services company in the United States and Canada.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ119.1b

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

Invest bank P.S.C

Market Cap: د.إ118.4b

A commercial bank, provides a range of financial products and services to corporate and retail customers in the United Arab Emirates and Lebanon.

China Everbright Bank

Market Cap: CN¥230.9b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Arch Capital Group

Market Cap: US$32.0b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Disco

Market Cap: JP¥4.8t

Manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally.

Imperial Brands

Market Cap: UK£23.9b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Humana

Market Cap: US$31.4b

Provides medical and specialty insurance products in the United States.

Avenue Supermarts

Market Cap: ₹2.7t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

CEZ a. s

Market Cap: Kč671.0b

Engages in the generation, distribution, trade, and sale of electricity and heat in Western, Central, and Southeastern Europe.

Power Grid Corporation of India

Market Cap: ₹2.7t

An electric power transmission utility, engages in the transmission of power in India and internationally.