Dutch Software Defensive Blue Chips

Hana Financial Group

Market Cap: ₩29.5t

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

Pernod Ricard

Market Cap: €17.2b

Produces and sells wines and spirits worldwide.

Humana

Market Cap: US$19.6b

Provides medical and specialty insurance products in the United States.

Banco BPM

Market Cap: €17.2b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Telia Company

Market Cap: SEK 185.3b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

Tenet Healthcare

Market Cap: US$19.5b

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

HANMI Semiconductor

Market Cap: ₩29.0t

Manufactures and sells semiconductor equipment in South Korea and internationally.

TS Financial Holding

Market Cap: NT$615.4b

Provides various financial products and services.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$102.1b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Coles Group

Market Cap: AU$27.3b

Operates as a retailer in Australia.

Saudi Awwal Bank

Market Cap: ر.س72.0b

Provides banking and financial services in the Kingdom of Saudi Arabia.

Terumo

Market Cap: JP¥3.1t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Banco de Chile

Market Cap: CL$17.5t

Provides commercial banking services in Chile.

Mizrahi Tefahot Bank

Market Cap: ₪59.9b

Provides various banking services in Israel and internationally.

Alinma Bank

Market Cap: ر.س71.1b

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

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫493.0t

Provides banking products and services in Vietnam.

Principal Financial Group

Market Cap: US$18.7b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Arca Continental. de

Market Cap: Mex$333.9b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Wilmar International

Market Cap: S$23.7b

Operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally.

Grupo Cibest

Market Cap: Col$68.5t

Provides various banking products and services in Colombia and internationally.

Anhui Conch Cement

Market Cap: CN¥126.7b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥126.6b

China Three Gorges Renewables (Group) Co.,Ltd.

Eastroc Beverage (Group)

Market Cap: CN¥126.6b

Engages in the manufacturing and distribution of beverages in China, Vietnam, and Malaysia.

Legal & General Group

Market Cap: UK£13.9b

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

Zimmer Biomet Holdings

Market Cap: US$18.1b

Operates as a medical technology company worldwide.

Kansai Electric Power Company

Market Cap: JP¥2.9t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

Bank of Hangzhou

Market Cap: CN¥124.4b

Provides various banking products and services for individuals, corporate, and small and micro businesses in China.

Uniper

Market Cap: €15.7b

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

Mega Financial Holding

Market Cap: NT$574.8b

Provides various financial services in Taiwan.

JDE Peet's

Market Cap: €15.4b

Operates as a coffee and tea company worldwide.

Associated British Foods

Market Cap: UK£13.1b

Engages in the food, ingredients, and retail businesses worldwide.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp294.2t

Provides information and communications technology, and telecommunications network services worldwide.

Banco de Sabadell

Market Cap: €15.1b

Provides banking products and services in Spain, the United Kingdom, and Mexico.

SDIC Power Holdings

Market Cap: CN¥118.3b

Engages in the electricity generation business in China.

Federal Home Loan Mortgage

Market Cap: US$17.1b

Operates in the secondary mortgage market in the United States.

Centene

Market Cap: US$17.0b

Operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States.