Mexican Software Defensive Blue Chips

Saudi Electricity

Market Cap: ر.س58.3b

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

bioMérieux

Market Cap: €13.3b

Develops, manufactures, and markets in vitro diagnostic solutions for infectious diseases in France, Europe, Africa, the Middle East, North and South America, the Asia Pacific, and internationally.

Banco Santander-Chile

Market Cap: CL$13.8t

Provides commercial and retail banking products and services in Chile.

Hua Xia Bank

Market Cap: CN¥107.7b

Provides commercial banking services in China and Hong Kong.

Jerónimo Martins SGPS

Market Cap: €13.2b

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

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.

Bank Polska Kasa Opieki

Market Cap: zł55.3b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

Oklo

Market Cap: US$15.2b

Develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to the customers in the United States.

SDIC Power Holdings

Market Cap: CN¥106.5b

Engages in the electricity generation business in China.

JBS

Market Cap: US$15.2b

Operates as a protein and food company worldwide.

Aier Eye Hospital Group

Market Cap: CN¥106.2b

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

Banco Comercial Português

Market Cap: €13.1b

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

Canara Bank

Market Cap: ₹1.4t

Provides various banking products and services in India and internationally.

Xi'an ESWIN Material Technology

Market Cap: CN¥105.8b

Xi'an ESWIN Material Technology Co., Ltd.

Mapfre

Market Cap: €13.0b

Engages in the investment, insurance, property, financial, and services businesses in Spain.

Banco de Crédito e Inversiones

Market Cap: CL$13.5t

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

Wilmar International

Market Cap: S$19.4b

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

Huaneng Power International

Market Cap: HK$117.6b

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

Metro

Market Cap: CA$20.9b

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

Grupo Financiero Inbursa. de

Market Cap: Mex$269.8b

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

SCB X

Market Cap: ฿469.7b

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

Tryg

Market Cap: DKK 95.9b

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

National Bank of Greece

Market Cap: €12.8b

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

Erie Indemnity

Market Cap: US$14.9b

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

Fidelity National Financial

Market Cap: US$14.9b

Provides various insurance products in the United States.

Bankinter

Market Cap: €12.7b

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

Ambuja Cements

Market Cap: ₹1.3t

Manufactures, markets, and sells cement and related products to individual homebuilders, developers, infrastructure projects, masons and contractors, professionals, and architects and engineers in India.

Brookfield Wealth Solutions

Market Cap: US$14.7b

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

Pro Medicus

Market Cap: AU$22.0b

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.

Olympus

Market Cap: JP¥2.3t

Manufactures and sells medical equipment in Japan, America, the Middle East, Asia, and Oceania.

ASR Nederland

Market Cap: €12.5b

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

Elia Group

Market Cap: €12.4b

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

Piotech

Market Cap: CN¥100.6b

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

Raiffeisen Bank International

Market Cap: €12.4b

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

Kasikornbank

Market Cap: ฿451.2b

Provides commercial banking products and services in Thailand and internationally.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$1.9b

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