Norwegian Software Defensive Blue Chips

Banco Santander-Chile

Market Cap: CL$13.8t

Provides commercial and retail banking products and services in Chile.

China Jushi

Market Cap: CN¥106.1b

Engages in the manufacture and sale of fiberglass and related products in China and internationally.

Sonova Holding

Market Cap: CHF 12.0b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Eurobank

Market Cap: €13.3b

Provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Osaka Gas

Market Cap: JP¥2.4t

Provides gas, electricity, and other energy products and services in Japan and internationally.

SCB X

Market Cap: ฿484.9b

Engages in the banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

Mediobanca Banca di Credito Finanziario

Market Cap: €13.1b

Provides various banking products and services in Italy, Other European countries, the United States, Asia, and internationally.

Bank Polska Kasa Opieki

Market Cap: zł56.0b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

HDFC Life Insurance

Market Cap: ₹1.4t

Provides individual and group insurance solutions in India.

Powszechny Zaklad Ubezpieczen

Market Cap: zł55.8b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Krung Thai Bank

Market Cap: ฿478.7b

Engages in commercial banking business in Thailand and internationally.

Raiffeisen Bank International

Market Cap: €12.9b

Offers banking services to corporate, retail, and institutional customers.

Attijariwafa bank

Market Cap: د.م140.1b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Union Bank of India

Market Cap: ₹1.4t

Provides banking products and services in India.

Hua Nan Financial Holdings

Market Cap: NT$476.0b

Provides financial services in Taiwan and internationally.

Metro

Market Cap: CA$20.3b

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

Grupo Financiero Inbursa. de

Market Cap: Mex$262.0b

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

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ54.5b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Cooper Companies

Market Cap: US$14.8b

Develops, manufactures, and markets contact lens wearers.

East West Bancorp

Market Cap: US$14.7b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Piotech

Market Cap: CN¥101.0b

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

Shanghai United Imaging Healthcare

Market Cap: CN¥101.0b

Shanghai United Imaging Healthcare Co., Ltd.

Asahi Group Holdings

Market Cap: JP¥2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

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

Market Cap: ر.ق53.4b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Tele2

Market Cap: SEK 134.0b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

BIWIN Storage Technology

Market Cap: CN¥100.0b

Researches, develops, designs, packs, tests, produces, and sells semiconductor memory.

Punjab National Bank

Market Cap: ₹1.3t

Provides various banking and financial products and services in India and internationally.

Banco de Crédito e Inversiones

Market Cap: CL$12.9t

Provides various banking products and services in Chile, the United States, and Peru.

Banco Comercial Português

Market Cap: €12.4b

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

National Bank of Greece

Market Cap: €12.4b

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

Origin Energy

Market Cap: AU$20.0b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Bankinter

Market Cap: €12.3b

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

Tryg

Market Cap: DKK 92.0b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Phoenix Financial

Market Cap: ₪44.1b

Provides multi-line insurance products in Israel.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 62.3b

Produces and supplies hydro, wind, and energy electricity in Romania.

Samsung Fire & Marine Insurance

Market Cap: ₩20.9t

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