Mexican Software Defensive Blue Chips

Align Technology

Market Cap: US$12.1b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Mowi

Market Cap: NOK 122.8b

A seafood company, produces and sells Atlantic salmon products worldwide.

Shanghai Rural Commercial Bank

Market Cap: CN¥84.6b

Engages in commercial banking business in China.

Hong Leong Bank Berhad

Market Cap: RM 49.2b

Operates as a financial services company in Malaysia and internationally.

T&D Holdings

Market Cap: JP¥1.9t

Through its subsidiaries, provides insurance products and services in Japan.

SinoPac Financial Holdings

Market Cap: NT$380.4b

Through its subsidiaries, provides banking, securities, investment, leasing, and venture capital services worldwide.

Amkor Technology

Market Cap: US$12.0b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

Saputo

Market Cap: CA$16.7b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, Argentina, and the United Kingdom.

CP ALL

Market Cap: ฿376.5b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

Fresenius Medical Care

Market Cap: €10.3b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

BAWAG Group

Market Cap: €10.3b

Operates as a holding company for BAWAG P.S.K.

Italgas

Market Cap: €10.3b

Engages in the distribution of natural gas in Italy, Greece, and Other European Union countries.

Insurance Australia Group

Market Cap: AU$17.9b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Taiwan Cooperative Financial Holding

Market Cap: NT$377.1b

Provides commercial banking, insurance, securities, bills finance, venture capital, asset management, and investment trust services in Taiwan.

Assurant

Market Cap: US$11.9b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

mBank

Market Cap: zł43.2b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

First Horizon

Market Cap: US$11.8b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

Phison Electronics

Market Cap: NT$373.5b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫310.7t

Provides various banking products and services to individuals, businesses, and organizations in Vietnam and internationally.

Acciona

Market Cap: €10.1b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Aegon

Market Cap: €10.1b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

Japan Post Insurance

Market Cap: JP¥1.9t

Provides life insurance products and services in Japan.

Tele2

Market Cap: SEK 108.2b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

Cochlear

Market Cap: AU$17.5b

Provides implantable hearing solutions for children and adults worldwide.

iA Financial

Market Cap: CA$16.3b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Ooredoo Q.P.S.C

Market Cap: ر.ق42.6b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Sejahteraraya Anugrahjaya

Market Cap: Rp198.0t

Provides medical services in Indonesia.

Lattice Semiconductor

Market Cap: US$11.7b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Phoenix Financial

Market Cap: ₪36.6b

Provides multi-line insurance products in Israel.

HANMI Semiconductor

Market Cap: ₩17.1t

Manufactures and sells semiconductor equipment in South Korea and internationally.

BKW

Market Cap: CHF 9.3b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Banque Saudi Fransi

Market Cap: ر.س43.5b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Guobo Electronics

Market Cap: CN¥80.7b

Engages in the research and development, production, and sale of active phased array transmitter and receiver components and radio frequency integrated circuit related products in China.

Apollo Hospitals Enterprise

Market Cap: ₹1.0t

Provides healthcare services in India.

Comerica

Market Cap: US$11.6b

Provides financial services in the United States, Canada, and Mexico.