Mexican Software Defensive Blue Chips

Citigroup

Market Cap: US$187.8b

A diversified financial service holding company, provides various financial products and services to consumers, corporations, governments, and institutions.

Abbott Laboratories

Market Cap: US$181.1b

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide.

Deutsche Telekom

Market Cap: €152.9b

Provides integrated telecommunication services worldwide.

Texas Instruments

Market Cap: US$173.3b

Designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States, China, the rest of Asia, Europe, the Middle East, Africa, Japan, and internationally.

Intuitive Surgical

Market Cap: US$160.8b

Develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally.

Banco Santander

Market Cap: €135.8b

Provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.

Allianz

Market Cap: €133.3b

Provides property-casualty insurance, life/health insurance, and asset management products and services worldwide.

Arm Holdings

Market Cap: US$153.1b

Arm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers.

Toronto-Dominion Bank

Market Cap: CA$211.7b

Provides various financial products and services in Canada, the United States, and internationally.

Analog Devices

Market Cap: US$150.1b

Engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia.

Iberdrola

Market Cap: €127.6b

Engages in the generation, production, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia.

China Merchants Bank

Market Cap: CN¥1.0t

Provides various banking products and services.

Ping An Insurance (Group) Company of China

Market Cap: CN¥996.8b

Ping An Insurance (Group) Company of China, Ltd.

China Life Insurance

Market Cap: HK$1.1t

Operates as a life insurance company in the People’s Republic of China.

QUALCOMM

Market Cap: US$135.6b

Engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

Anheuser-Busch InBev

Market Cap: €115.1b

Produces and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

DBS Group Holdings

Market Cap: S$162.4b

Provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally.

Sumitomo Mitsui Financial Group

Market Cap: JP¥20.1t

Provides banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania.

Stryker

Market Cap: US$125.3b

Operates as a medical technology company in the United States and internationally.

Chubb

Market Cap: US$124.2b

Provides insurance and reinsurance products worldwide.

HDFC Bank

Market Cap: ₹11.6t

Provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai.

Bharti Airtel

Market Cap: ₹11.2t

Operates as a telecommunications company in India and internationally.

Progressive

Market Cap: US$116.3b

Operates as an insurance company in the United States.

Banco Bilbao Vizcaya Argentaria

Market Cap: €101.0b

Provides various financial services in Spain, Mexico, Turkey, South America, Europe, the United States, and Asia.

AIA Group

Market Cap: HK$900.0b

Provides life insurance based financial services in Hong Kong.

Tokyo Electron

Market Cap: JP¥17.9t

Develops, manufactures, and sells semiconductor production equipment in Japan, South Korea, Taiwan, China, North America, Europe, and internationally.

Medtronic

Market Cap: US$111.9b

Develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.

Al Rajhi Banking and Investment

Market Cap: ر.س417.2b

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

Altria Group

Market Cap: US$111.1b

Through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States.

Constellation Energy

Market Cap: US$109.2b

Produces and sells energy products and services in the United States.

Enel

Market Cap: €91.8b

Operates as an integrated operator in electricity and gas industries worldwide.

HCA Healthcare

Market Cap: US$105.5b

Through its subsidiaries, provides health care services in the United States.

McKesson

Market Cap: US$105.4b

Provides healthcare services in the United States and internationally.

UniCredit

Market Cap: €90.2b

Provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe.

EssilorLuxottica Société anonyme

Market Cap: €89.9b

Designs, manufactures, and distributes ophthalmic lenses, frames, sunglasses, and instruments and equipment in North America, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific.

Boston Scientific

Market Cap: US$102.8b

Develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide.