Lithuanian Software Defensive Blue Chips

Everest Group

Market Cap: US$14.8b

Through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Suncorp Group

Market Cap: AU$22.4b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Ryan Specialty Holdings

Market Cap: US$14.7b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, and Singapore.

Huaneng Power International

Market Cap: HK$114.1b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China and internationally.

Hua Xia Bank

Market Cap: CN¥104.4b

Provides commercial banking services in China and Hong Kong.

Telia Company

Market Cap: SEK 139.6b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

Guangdong Haid Group

Market Cap: CN¥104.2b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Grupo Bimbo. de

Market Cap: Mex$267.2b

Produces, distributes, and markets bakery products.

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.

East West Bancorp

Market Cap: US$14.5b

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.

Gjensidige Forsikring

Market Cap: NOK 146.0b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Uni-President Enterprises

Market Cap: NT$440.9b

Engages in the manufacture and marketing of food products in Taiwan and internationally.

Jiangsu Yanghe Distillery

Market Cap: CN¥101.9b

Offers liquors and wines.

Kerry Group

Market Cap: €12.4b

Provides taste and nutrition solutions.

Chandra Daya Investasi

Market Cap: Rp238.2t

Operates as an infrastructure investment holding company.

Metro

Market Cap: CA$20.0b

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

Grupo Cibest

Market Cap: Col$55.4t

Provides banking products and services in Colombia and internationally.

Budweiser Brewing Company APAC

Market Cap: HK$110.8b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, and internationally.

Wilmar International

Market Cap: S$18.4b

Operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally.

Bankinter

Market Cap: €12.1b

Provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain.

Tata Power

Market Cap: ₹1.2t

Engages in the generation, transmission, distribution, and trading of electricity in India and internationally.

JBS

Market Cap: US$14.0b

Operates as a protein and food company worldwide.

Cooper Companies

Market Cap: US$13.9b

Develops, manufactures, and markets contact lens wearers.

ASR Nederland

Market Cap: €12.0b

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

Origin Energy

Market Cap: AU$21.1b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Brookfield Wealth Solutions

Market Cap: US$13.7b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥97.8b

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

Zegona Communications

Market Cap: UK£10.2b

Provides integrated telecommunications services in Spain.

Doximity

Market Cap: US$13.6b

Operates as a digital platform for medical professionals in the United States.

First Financial Holding

Market Cap: NT$416.3b

Through its subsidiaries, provides various financial products and services in Taiwan, Asia, America, Europe, Oceania, and internationally.

Santander Bank Polska

Market Cap: zł49.7b

Provides various banking products and services for individuals, small or medium-sized enterprises, corporate clients, and public sector institutions.

Etihad Etisalat

Market Cap: ر.س50.6b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Arab National Bank

Market Cap: ر.س50.6b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Power Assets Holdings

Market Cap: HK$104.8b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally.

Olympus

Market Cap: JP¥2.1t

Manufactures and sells precision machineries and instruments worldwide.

Admiral Group

Market Cap: UK£10.1b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.