Mexican Software Defensive Blue Chips

Infineon Technologies

Market Cap: €49.1b

Develops, manufactures, and markets semiconductors and semiconductor-based solutions in Germany, Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, the Asia-Pacific, Japan, the United States, and the Americas.

China CITIC Bank

Market Cap: CN¥403.7b

Provides various banking products and services in the People’s Republic of China and internationally.

Aflac

Market Cap: US$57.6b

Through its subsidiaries, provides supplemental health and life insurance products.

Saudi Telecom

Market Cap: ر.س212.9b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

ITC

Market Cap: ₹5.0t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

Standard Chartered

Market Cap: UK£41.3b

Provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas.

Becton Dickinson

Market Cap: US$55.6b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

NXP Semiconductors

Market Cap: US$55.5b

Provides semiconductor products in China, the United States, Germany, Japan, Singapore, South Korea, Mexico, the Netherlands, Taiwan, and internationally.

IDEXX Laboratories

Market Cap: US$54.9b

Develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally.

Wal-Mart de México. de

Market Cap: Mex$987.4b

Owns and operates self-service stores in Mexico and Central America.

Allstate

Market Cap: US$54.6b

Provides property and casualty, and other insurance products in the United States and Canada.

Rocket Companies

Market Cap: US$54.5b

Provides spanning mortgage, real estate, and personal finance services in the United States and Canada.

BOC Hong Kong (Holdings)

Market Cap: HK$420.0b

An investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally.

CBZ Holdings

Market Cap: US$7.0b

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

China Pacific Insurance (Group)

Market Cap: CN¥376.4b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

People's Insurance Company (Group) of China

Market Cap: HK$414.4b

An investment holding company, provides insurance products and services in the People’s Republic of China and Hong Kong.

Loblaw Companies

Market Cap: CA$72.8b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.

Holcim

Market Cap: CHF 41.9b

Provides building materials and solutions worldwide.

MetLife

Market Cap: US$52.7b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

KBC Group

Market Cap: €44.3b

Provides banking, insurance, and asset management services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ191.1b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.

HOYA

Market Cap: JP¥8.0t

A med-tech company, provides high-tech and medical products internationally.

JAPAN POST BANK

Market Cap: JP¥7.9t

Provides financial products and services in Japan and internationally.

Edwards Lifesciences

Market Cap: US$50.5b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

Alimentation Couche-Tard

Market Cap: CA$68.9b

Operates and licenses convenience stores in North America, Europe, and Asia.

National Bank of Canada

Market Cap: CA$68.4b

Provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally.

E.ON

Market Cap: €42.1b

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

Swiss Re

Market Cap: CHF 39.2b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Sberbank of Russia

Market Cap: ₽3.0t

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions.

Cardinal Health

Market Cap: US$49.3b

Operates as a healthcare services and products company in the United States and internationally.

Emirates NBD Bank PJSC

Market Cap: د.إ178.8b

Provides corporate, institutional, retail, treasury, and Islamic banking services.

Diageo

Market Cap: UK£35.6b

Engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific, Latin America and Caribbean, and Africa.

Kotak Mahindra Bank

Market Cap: ₹4.3t

Provides a range of banking and financial services to corporate and individual customers in India.

NAURA Technology Group

Market Cap: CN¥332.5b

Engages in the research and development, production, sale, and technical services of semiconductors in the People's Republic of China.

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

Market Cap: ر.ق173.0b

Provides conventional and Islamic banking products and services in Qatar, Europe, North America, rest of GCC countries, and internationally.

Erste Group Bank

Market Cap: €40.0b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.