Moroccan Software Defensive Blue Chips

Cooper Companies

Market Cap: US$16.5b

Develops, manufactures, and markets contact lens wearers.

Punjab National Bank

Market Cap: ₹1.5t

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

Winbond Electronics

Market Cap: NT$517.5b

Engages in the design, development, manufacture, and marketing of very large scale integration integrated circuits (ICs) for various microelectronic applications in Asia, the Americas, Europe, and internationally.

Jerónimo Martins SGPS

Market Cap: €13.9b

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

Samsung Fire & Marine Insurance

Market Cap: ₩23.7t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

NMBZ Holdings

Market Cap: US$2.1b

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

WH Group

Market Cap: HK$127.7b

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

Hua Nan Financial Holdings

Market Cap: NT$510.8b

Provides financial services in Taiwan and internationally.

Britannia Industries

Market Cap: ₹1.5t

Manufactures and sells various food products in India and internationally.

Asahi Group Holdings

Market Cap: JP¥2.5t

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

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

Market Cap: ر.ق58.7b

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

Banco Comercial Português

Market Cap: €13.6b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

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.

Osaka Gas

Market Cap: JP¥2.5t

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

SCB X

Market Cap: ฿493.3b

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

Grupo Financiero Inbursa. de

Market Cap: Mex$273.6b

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

Israel Discount Bank

Market Cap: ₪49.3b

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

S.P.E.E.H. Hidroelectrica

Market Cap: RON 68.1b

Produces and supplies hydro, wind, and energy electricity in Romania.

Canara Bank

Market Cap: ₹1.4t

Provides various banking products and services in India and internationally.

True Corporation

Market Cap: ฿483.7b

Provides telecommunications and value-added services in Thailand.

Hua Xia Bank

Market Cap: CN¥107.1b

Provides commercial banking services in China and Hong Kong.

Bankinter

Market Cap: €13.0b

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

Performance Food Group

Market Cap: US$15.4b

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

Saudi Electricity

Market Cap: ر.س57.6b

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

Smith & Nephew

Market Cap: UK£11.3b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Kasikornbank

Market Cap: ฿472.6b

Provides commercial banking products and services in Thailand and internationally.

National Bank of Greece

Market Cap: €12.9b

Provides financial products and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom.

Pinnacle Financial Partners

Market Cap: US$15.2b

Operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States.

Turkiye Garanti Bankasi

Market Cap: ₺665.3b

Provides various banking products and services in Turkey.

ING Bank Slaski

Market Cap: zł54.2b

Provides various banking products and services for retail clients and businesses in Poland.

Metro

Market Cap: CA$20.7b

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

ASR Nederland

Market Cap: €12.8b

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

Banco de Crédito e Inversiones

Market Cap: CL$13.0t

Provides various banking products and services in Chile, United States, and Peru.

Shanghai United Imaging Healthcare

Market Cap: CN¥103.3b

Shanghai United Imaging Healthcare Co., Ltd.

Industrial Bank of Korea

Market Cap: ₩21.7t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

Krung Thai Bank

Market Cap: ฿464.7b

Engages in commercial banking business in Thailand and internationally.