Nigerian Software Defensive Blue Chips

Dollar Tree

Market Cap: US$22.5b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

Loews

Market Cap: US$22.4b

Through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally.

Cellnex Telecom

Market Cap: €19.4b

Engages in the management of terrestrial telecommunications infrastructures in France, Italy, the United Kingdom, Spain, Poland, the Netherlands, Portugal, Switzerland, Denmark, Sweden, Ireland, and Austria.

Labcorp Holdings

Market Cap: US$22.3b

Provides laboratory services.

Quest Diagnostics

Market Cap: US$22.0b

Provides diagnostic testing and services in the United States.

CIMB Group Holdings Berhad

Market Cap: RM 86.3b

Provides various banking products and services in Malaysia and internationally.

AIB Group

Market Cap: €19.1b

Provides banking and financial products and services to personal, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Sigma Healthcare

Market Cap: AU$30.7b

Operates as a retail pharmacy franchisor and pharmaceutical wholesale and distributor to community pharmacies primarily in Australia.

First Citizens BancShares

Market Cap: US$21.9b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

Fortum Oyj

Market Cap: €19.0b

Engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally.

QBE Insurance Group

Market Cap: AU$30.6b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

Banco Santander (Brasil)

Market Cap: R$114.2b

Provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally.

STERIS

Market Cap: US$21.7b

Provides infection prevention products and services worldwide.

Coca-Cola HBC

Market Cap: UK£16.3b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

Sumitomo Mitsui Trust Group

Market Cap: JP¥3.4t

Operates as a trust bank in Japan and internationally.

Coca-Cola FEMSA. de

Market Cap: US$21.5b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

First Solar

Market Cap: US$21.5b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

KeyCorp

Market Cap: US$21.4b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Credo Technology Group Holding

Market Cap: US$21.4b

Provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

Astera Labs

Market Cap: US$21.2b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

SBI Life Insurance

Market Cap: ₹1.9t

Operates as a private life insurance company in India.

Tyson Foods

Market Cap: US$21.1b

Operates as a food company worldwide.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ77.3b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Koninklijke KPN

Market Cap: €18.2b

Provides telecommunications and information technology (IT) services in the Netherlands.

Heineken Holding

Market Cap: €18.1b

Engages in brewing and selling beer and cider in the Netherlands, Europe, the Americas, Africa & Middle East, Asia Pacific and internationally.

LONGi Green Energy Technology

Market Cap: CN¥143.1b

Manufactures and sells photovoltaic products in China, Europe, the Asia Pacific, and the United States.

CK Infrastructure Holdings

Market Cap: HK$162.3b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Hana Financial Group

Market Cap: ₩30.4t

Through its subsidiaries, provides financial services in South Korea, Hong Kong, Singapore, the United States, Japan, China, Indonesia, the United Kingdom, Canada, and internationally.

Lasertec

Market Cap: JP¥3.3t

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

Humana

Market Cap: US$20.5b

Provides medical and specialty insurance products in the United States.

IHH Healthcare Berhad

Market Cap: RM 80.4b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

OmniVision Integrated Circuits Group

Market Cap: CN¥140.4b

OmniVision Integrated Circuits Group, Inc.

Tenet Healthcare

Market Cap: US$20.4b

Operates as a diversified healthcare services company in the United States.

JD Health International

Market Cap: HK$159.4b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

HANMI Semiconductor

Market Cap: ₩30.1t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Bank of Shanghai

Market Cap: CN¥138.5b

Provides various banking products and services in China.