Nigerian Software Defensive Blue Chips

Saudi Telecom

Market Cap: ر.س212.6b

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

Infineon Technologies

Market Cap: €47.8b

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.

ITC

Market Cap: ₹5.0t

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

China CITIC Bank

Market Cap: CN¥394.3b

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

IDEXX Laboratories

Market Cap: US$55.9b

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

Becton Dickinson

Market Cap: US$55.7b

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.

Shanghai Pudong Development Bank

Market Cap: CN¥387.7b

Shanghai Pudong Development Bank Co., Ltd.

Standard Chartered

Market Cap: UK£40.6b

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

Wal-Mart de México. de

Market Cap: Mex$979.0b

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

People's Insurance Company (Group) of China

Market Cap: HK$418.8b

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

MetLife

Market Cap: US$53.7b

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

Rocket Companies

Market Cap: US$53.7b

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

Allstate

Market Cap: US$53.6b

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

China Pacific Insurance (Group)

Market Cap: CN¥373.8b

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

Loblaw Companies

Market Cap: CA$73.0b

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.

BOC Hong Kong (Holdings)

Market Cap: HK$412.1b

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

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ193.3b

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

Holcim

Market Cap: CHF 41.6b

Provides building materials and solutions 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.

HOYA

Market Cap: JP¥8.1t

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

National Bank of Canada

Market Cap: CA$68.7b

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

Alimentation Couche-Tard

Market Cap: CA$68.6b

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

Emirates NBD Bank PJSC

Market Cap: د.إ182.9b

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

Edwards Lifesciences

Market Cap: US$49.7b

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

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.

Swiss Re

Market Cap: CHF 38.9b

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

E.ON

Market Cap: €41.2b

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

Diageo

Market Cap: UK£36.0b

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

Cardinal Health

Market Cap: US$48.2b

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

NAURA Technology Group

Market Cap: CN¥337.1b

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

PICC Property and Casualty

Market Cap: HK$371.0b

Engages in property and casualty insurance business in People’s Republic of China.

Kotak Mahindra Bank

Market Cap: ₹4.3t

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

JAPAN POST BANK

Market Cap: JP¥7.4t

Provides financial products and services in Japan and internationally.

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

Market Cap: ر.ق170.9b

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

American International Group

Market Cap: US$46.4b

Offers insurance products for commercial, institutional, and individual customers in North America and internationally.

Commerzbank

Market Cap: €39.2b

Provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally.