Nigerian Software Defensive Blue Chips

Performance Food Group

Market Cap: US$13.7b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Phoenix Financial

Market Cap: ₪43.1b

Provides multi-line insurance products in Israel.

Gjensidige Forsikring

Market Cap: NOK 133.8b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Aier Eye Hospital Group

Market Cap: CN¥94.4b

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

Xi'an ESWIN Material Technology

Market Cap: CN¥94.2b

Xi'an ESWIN Material Technology Co., Ltd.

Etihad Etisalat

Market Cap: ر.س51.0b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Guangdong Haid Group

Market Cap: CN¥93.6b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

ASR Nederland

Market Cap: €11.9b

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

ING Bank Slaski

Market Cap: zł50.5b

Provides various banking products and services for retail clients and businesses in Poland.

Reinsurance Group of America

Market Cap: US$13.4b

Provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

Israel Discount Bank

Market Cap: ₪42.1b

Provides various banking and financial services in Israel, Europe, and North America.

Bankinter

Market Cap: €11.7b

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

Banco Comercial Português

Market Cap: €11.7b

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

Nova

Market Cap: US$13.4b

Engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.

Samsung Fire & Marine Insurance

Market Cap: ₩19.9t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Tower Semiconductor

Market Cap: US$13.3b

An independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe.

Fisher & Paykel Healthcare

Market Cap: NZ$22.9b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Kirin Holdings Company

Market Cap: JP¥2.1t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

GD Power DevelopmentLtd

Market Cap: CN¥90.8b

Operates as a power generation company in China.

Penumbra

Market Cap: US$13.1b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Admiral Group

Market Cap: UK£9.9b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

Banque Cantonale Vaudoise

Market Cap: CHF 10.3b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

National Bank of Greece

Market Cap: €11.4b

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

FinecoBank Banca Fineco

Market Cap: €11.4b

Provides banking, credit, trading and investment services in Italy.

Everest Group

Market Cap: US$13.0b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

SinoPac Financial Holdings

Market Cap: NT$416.5b

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

First Financial Holding

Market Cap: NT$415.6b

Through its subsidiaries, provides various financial products and services in Taiwan, Asia, America, Europe, Oceania, and internationally.

ageas

Market Cap: €11.3b

Engages in insurance business.

Adani Energy Solutions

Market Cap: ₹1.2t

Generates, transmits, and distributes power in India.

CP ALL

Market Cap: ฿414.4b

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

Helvetia Baloise Holding

Market Cap: CHF 10.2b

Engages in life and non-life insurance, and reinsurance business in Switzerland, Germany, Austria, Spain, Italy, France, and internationally.

Mapfre

Market Cap: €11.2b

Engages in insurance, reinsurance, and financial activities in Spain.

bioMérieux

Market Cap: €11.2b

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.

BJ's Wholesale Club Holdings

Market Cap: US$12.8b

Operates membership warehouse clubs on the eastern half of the United States.

Sanan OptoelectronicsLtd

Market Cap: CN¥88.3b

Engages in the research, development, production, and sale of compound semiconductor materials and devices in China and internationally.