Norwegian Software Defensive Blue Chips

SDIC Power Holdings

Market Cap: CN¥123.9b

Engages in the electricity generation business in China.

Kerry Group

Market Cap: €15.3b

Provides taste and nutrition solutions.

Emirates Islamic Bank PJSC

Market Cap: د.إ62.4b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Koninklijke KPN

Market Cap: €15.2b

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

Molina Healthcare

Market Cap: US$16.9b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces.

Hua Xia Bank

Market Cap: CN¥121.1b

Provides commercial banking services in China and Hong Kong.

CK Infrastructure Holdings

Market Cap: HK$130.9b

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

Fresenius Medical Care

Market Cap: €14.9b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Anhui Conch Cement

Market Cap: HK$130.2b

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

Aier Eye Hospital Group

Market Cap: CN¥119.7b

Operates eye care hospitals and institutions.

Banco de Sabadell

Market Cap: €14.8b

Provides banking products and services to personal, business, and private customers in Spain and internationally.

Credicorp

Market Cap: US$16.5b

Provides various financial, insurance, and health services and products primarily in Peru and internationally.

NN Group

Market Cap: €14.7b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

Brown-Forman

Market Cap: US$16.5b

Manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages.

Bank of Nanjing

Market Cap: CN¥117.9b

Provides various financial products and services in China.

Cooper Companies

Market Cap: US$16.4b

Develops, manufactures, and markets contact lens wearers.

Telefônica Brasil

Market Cap: R$92.0b

Operates as a mobile telecommunications company in Brazil.

Grupo Financiero Inbursa. de

Market Cap: Mex$312.7b

Provides various financial products and services to individuals and businesses in Mexico.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp263.5t

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

Hormel Foods

Market Cap: US$16.0b

Develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally.

Casey's General Stores

Market Cap: US$16.0b

Operates convenience stores under the Casey's and Casey’s General Store names.

Saudi Electricity

Market Cap: ر.س59.9b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

JD Health International

Market Cap: HK$124.7b

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

AIB Group

Market Cap: €14.2b

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

Metro

Market Cap: CA$22.2b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

E.SUN Financial Holding Company

Market Cap: NT$479.1b

Provides various financial banking products and services in Taiwan.

LONGi Green Energy Technology

Market Cap: CN¥114.0b

Manufactures and sells photovoltaic products and solutions worldwide.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥113.8b

Advanced Micro-Fabrication Equipment Inc.

Ambuja Cements

Market Cap: ₹1.3t

Manufactures and markets cement and cement related products to individual homebuilders, masons and contractors, and architects and engineers in India.

Ørsted

Market Cap: DKK 104.7b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.

Shanghai United Imaging Healthcare

Market Cap: CN¥112.8b

Shanghai United Imaging Healthcare Co., Ltd.

Fidelity National Financial

Market Cap: US$15.6b

Provides various insurance products in the United States.

bioMérieux

Market Cap: €13.9b

Develops and markets in vitro diagnostic solutions for the diagnosis of infectious diseases in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Banco de Chile

Market Cap: CL$14.6t

Operates as a commercial bank that provides banking services in Chile.

Baxter International

Market Cap: US$15.6b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Sprouts Farmers Market

Market Cap: US$15.5b

Engages in the retailing of fresh, natural, and organic food products in the United States.