Lithuanian Software Defensive Blue Chips

Xi'an ESWIN Material Technology

Market Cap: CN¥112.4b

Xi'an ESWIN Material Technology Co., Ltd.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق58.9b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Raiffeisen Bank International

Market Cap: €13.4b

Offers banking services to corporate, private, and institutional customers.

Saudi Electricity

Market Cap: ر.س60.3b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

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.

Talen Energy

Market Cap: US$16.0b

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

Unipol Assicurazioni

Market Cap: €13.4b

Provides insurance products and services primarily in Italy.

Bank of Beijing

Market Cap: CN¥110.8b

Provides various banking services to individuals and corporates in China.

Grupo Financiero Inbursa. de

Market Cap: Mex$272.1b

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

Cooper Companies

Market Cap: US$15.9b

Develops, manufactures, and markets contact lens wearers.

Elia Group

Market Cap: €13.1b

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

Bankinter

Market Cap: €13.1b

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

East West Bancorp

Market Cap: US$15.6b

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.

Shanghai United Imaging Healthcare

Market Cap: CN¥108.3b

Shanghai United Imaging Healthcare Co., Ltd.

Telecom Italia

Market Cap: €13.0b

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

Woori Financial Group

Market Cap: ₩22.4t

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

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.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$2.0b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Metro

Market Cap: CA$21.0b

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

Punjab National Bank

Market Cap: ₹1.4t

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

Jerónimo Martins SGPS

Market Cap: €12.8b

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

Hippo Valley Estates

Market Cap: US$2.0b

Together with its subsidiary, Chiredzi Township (Private) Limited, engages in the growing and milling of sugar cane in Zimbabwe and internationally.

Canara Bank

Market Cap: ₹1.4t

Provides various banking products and services in India and internationally.

WH Group

Market Cap: HK$117.3b

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

ASR Nederland

Market Cap: €12.5b

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

SDIC Power Holdings

Market Cap: CN¥104.2b

Engages in the electricity generation business in China.

SCB X

Market Cap: ฿464.7b

Engages banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

Huaneng Power International

Market Cap: HK$116.1b

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

Fidelity National Financial

Market Cap: US$14.9b

Provides various insurance products in the United States.

Aier Eye Hospital Group

Market Cap: CN¥103.4b

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

Piotech

Market Cap: CN¥102.3b

Engages in the research and development, production, sales, and technical services of high-end semiconductor special equipment in China.

Performance Food Group

Market Cap: US$14.7b

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

Erie Indemnity

Market Cap: US$14.7b

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

Wens Foodstuff Group

Market Cap: CN¥102.0b

Operates as an agricultural and animal husbandry company in China.

Israel Discount Bank

Market Cap: ₪45.5b

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