Mexican Software Defensive Blue Chips

Qnity Electronics

Market Cap: US$17.1b

Provides materials and solutions to the semiconductor and electronics industries in the United States, rest of Americas, Europe, the Middle East, Africa, Asia Pacific, China, South Korea, Taiwan, and internationally.

Lasertec

Market Cap: JP¥2.7t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

Telia Company

Market Cap: SEK 155.9b

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

Mora Telematika Indonesia

Market Cap: Rp282.0t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.

US Foods Holding

Market Cap: US$16.8b

Engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

NMBZ Holdings

Market Cap: US$2.2b

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

CEMEX. de

Market Cap: Mex$299.5b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥116.9b

China Three Gorges Renewables (Group) Co.,Ltd.

Hologic

Market Cap: US$16.6b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

Bank of Beijing

Market Cap: CN¥115.9b

Provides various banking services to individuals and corporates in China.

Vodacom Group

Market Cap: R272.6b

Provides communications products and services.

Rede D'Or São Luiz

Market Cap: R$89.6b

Engages in the provision of hospital services in Brazil.

Powszechny Zaklad Ubezpieczen

Market Cap: zł59.2b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Attijariwafa bank

Market Cap: د.م150.1b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Alinma Bank

Market Cap: ر.س61.5b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Uniper

Market Cap: €13.9b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

Anhui Conch Cement

Market Cap: CN¥113.4b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

FinecoBank Banca Fineco

Market Cap: €13.8b

Provides banking, credit, trading and investment services in Italy.

TS Financial Holding

Market Cap: NT$507.3b

Provides various financial products and services.

Grupo Cibest

Market Cap: Col$60.9t

Provides various banking products and services in Colombia and internationally.

Cooper Companies

Market Cap: US$16.1b

Develops, manufactures, and markets contact lens wearers.

Wens Foodstuff Group

Market Cap: CN¥112.3b

Operates as an agricultural and animal husbandry company in China.

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.

JBS

Market Cap: US$16.0b

Operates as a protein and food company worldwide.

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

Punjab National Bank

Market Cap: ₹1.4t

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

Santander Bank Polska

Market Cap: zł57.2b

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

Bank of Hangzhou

Market Cap: CN¥110.8b

Provides various banking products and services for individuals, corporate, and small and micro businesses in China.

Saudi Electricity

Market Cap: ر.س59.4b

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

Banco Comercial Português

Market Cap: €13.4b

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

Hua Xia Bank

Market Cap: CN¥109.3b

Provides commercial banking services in China and Hong Kong.

Tryg

Market Cap: DKK 99.5b

Provides insurance products and services for private and corporate customers, and small and medium-sized businesses in Denmark, Sweden, the United Kingdom, and Norway.

Sonova Holding

Market Cap: CHF 12.3b

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.

Canara Bank

Market Cap: ₹1.4t

Provides various banking products and services in India and internationally.

Pro Medicus

Market Cap: AU$23.3b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

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

Market Cap: ر.ق56.6b

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