Maltese 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.

Cooper Companies

Market Cap: US$15.9b

Develops, manufactures, and markets contact lens wearers.

Grupo Financiero Inbursa. de

Market Cap: Mex$272.1b

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

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.

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.

Tryg

Market Cap: DKK 91.3b

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.