South Korean Software Defensive Blue Chips

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.

Sonova Holding

Market Cap: CHF 12.5b

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.

Cooper Companies

Market Cap: US$15.9b

Develops, manufactures, and markets contact lens wearers.

Talen Energy

Market Cap: US$15.9b

An independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States.

Zimre Holdings

Market Cap: US$2.0b

Provides insurance, reinsurance, reassurance, and property management and development services in Zimbabwe, Botswana, Malawi, Mozambique, and Zambia.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥109.3b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

East West Bancorp

Market Cap: US$15.7b

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.

Elia Group

Market Cap: €13.3b

Develops and operates as a transmission system operator in Belgium and Germany.

Bank of Baroda

Market Cap: ₹1.4t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Bankinter

Market Cap: €13.2b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

Asahi Group Holdings

Market Cap: JP¥2.4t

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

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

Turkiye Garanti Bankasi

Market Cap: ₺672.4b

Provides various banking products and services in Turkey.

Telecom Italia

Market Cap: €13.1b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

Tokyo GasLtd

Market Cap: JP¥2.4t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Punjab National Bank

Market Cap: ₹1.4t

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

BE Semiconductor Industries

Market Cap: €13.0b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Grupo Financiero Inbursa. de

Market Cap: Mex$264.3b

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

Tower Semiconductor

Market Cap: US$15.2b

An independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe.

Woori Financial Group

Market Cap: ₩22.0t

Operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

WH Group

Market Cap: HK$117.4b

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

Shanghai United Imaging Healthcare

Market Cap: CN¥104.1b

Shanghai United Imaging Healthcare Co., Ltd.

ASR Nederland

Market Cap: €12.7b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.

Performance Food Group

Market Cap: US$15.0b

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

Jerónimo Martins SGPS

Market Cap: €12.7b

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

Wens Foodstuff Group

Market Cap: CN¥103.0b

Operates as an agricultural and animal husbandry company in China.

SDIC Power Holdings

Market Cap: CN¥102.9b

Engages in the electricity generation business in China.

Erie Indemnity

Market Cap: US$14.8b

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

Fidelity National Financial

Market Cap: US$14.8b

Provides various insurance products in the United States.

Hua Xia Bank

Market Cap: CN¥102.3b

Provides commercial banking services in China and Hong Kong.

Tryg

Market Cap: DKK 93.0b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫386.2t

Provides various banking products and services for individuals, corporate customers, and financial institutions in Vietnam.

Israel Discount Bank

Market Cap: ₪45.4b

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

Aier Eye Hospital Group

Market Cap: CN¥101.3b

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

Osaka Gas

Market Cap: JP¥2.3t

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

Canara Bank

Market Cap: ₹1.3t

Provides various banking products and services in India and internationally.