Dutch Software Defensive Blue Chips

Phoenix Financial

Market Cap: ₪43.6b

Provides multi-line insurance products in Israel.

Piotech

Market Cap: CN¥96.0b

Engages in the research and development, production, sales, and technical services of high-end semiconductor special equipment in China.

Kasikornbank

Market Cap: ฿445.5b

Provides commercial banking products and services in Thailand and internationally.

ING Bank Slaski

Market Cap: zł51.1b

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

Samsung Fire & Marine Insurance

Market Cap: ₩20.6t

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

ASR Nederland

Market Cap: €12.0b

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

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥95.3b

Henan Shuanghui Investment & Development Co.,Ltd.

Coca-Cola Consolidated

Market Cap: US$13.8b

Manufactures, markets, and distributes nonalcoholic beverages in the United States.

Canara Bank

Market Cap: ₹1.3t

Provides various banking products and services in India and internationally.

Xi'an ESWIN Material Technology

Market Cap: CN¥94.7b

Xi'an ESWIN Material Technology Co., Ltd.

FinecoBank Banca Fineco

Market Cap: €11.9b

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

Nova

Market Cap: US$13.7b

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.

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.

Gjensidige Forsikring

Market Cap: NOK 132.5b

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

Performance Food Group

Market Cap: US$13.6b

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

Reinsurance Group of America

Market Cap: US$13.6b

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

Fisher & Paykel Healthcare

Market Cap: NZ$22.8b

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.

Etihad Etisalat

Market Cap: ر.س50.3b

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

GD Power DevelopmentLtd

Market Cap: CN¥91.5b

Operates as a power generation company in China.

Brookfield Wealth Solutions

Market Cap: US$13.3b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Indian Bank

Market Cap: ₹1.2t

Provides various banking products and services.

Sanan OptoelectronicsLtd

Market Cap: CN¥91.2b

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

Turkiye Garanti Bankasi

Market Cap: ₺585.1b

Provides various banking products and services in Turkey.

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.

Guangdong Haid Group

Market Cap: CN¥91.2b

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

ageas

Market Cap: €11.4b

Engages in insurance business.

Everest Group

Market Cap: US$13.2b

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

CP ALL

Market Cap: ฿421.1b

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

Penumbra

Market Cap: US$13.2b

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

SinoPac Financial Holdings

Market Cap: NT$418.4b

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

Tower Semiconductor

Market Cap: US$13.2b

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

Fidelity National Financial

Market Cap: US$13.1b

Provides various insurance products in the United States.

Hippo Valley Estates

Market Cap: US$1.7b

Together with its subsidiary, Chiredzi Township (Private) Limited, engages in the growing and milling of sugar cane in Zimbabwe and internationally.

Mapfre

Market Cap: €11.3b

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

Adani Energy Solutions

Market Cap: ₹1.2t

Generates, transmits, and distributes power in India.