Norwegian Software Defensive Blue Chips

Harel Insurance Investments & Financial Services

Market Cap: ₪37.4b

Offers insurance and financial services in Israel, Europe, and internationally.

Orkla

Market Cap: NOK 116.2b

Operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.

IDBI Bank

Market Cap: ₹1.1t

Provides banking and financial solutions to retail and corporate customers in India.

Busy Ming Group

Market Cap: HK$94.1b

Through its subsidiaries, operates as a food and beverage retailer in China.

Jinko Solar

Market Cap: CN¥82.4b

Engages in the research, development, manufacturing, and sale of photovoltaic products and clean energy solutions in China, Europe, America, the Asia Pacific, and internationally.

Hong Leong Bank Berhad

Market Cap: RM 47.1b

Operates as a financial services company in Malaysia and internationally.

JCET Group

Market Cap: CN¥82.3b

Provides integrated-circuit manufacturing and technology services in China and internationally.

Technoprobe

Market Cap: €10.3b

Produces and sells electronic circuits in Italy, Asia, the United States, and rest of Europe.

Unum Group

Market Cap: US$11.9b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Mowi

Market Cap: NOK 114.9b

A seafood company, produces and sells Atlantic salmon products worldwide.

Shanghai Rural Commercial Bank

Market Cap: CN¥81.8b

Engages in commercial banking business in China.

Globus Medical

Market Cap: US$11.9b

Develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

Great Eastern Holdings

Market Cap: S$15.1b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

Tata Consumer Products

Market Cap: ₹1.1t

Produces, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

Chubu Electric Power Company

Market Cap: JP¥1.9t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥81.1b

Engages in the generation and sale of electricity in China.

Vodafone Idea

Market Cap: ₹1.1t

Provides mobile telecommunication services in India.

HKT Trust and HKT

Market Cap: HK$92.4b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

T&D Holdings

Market Cap: JP¥1.9t

Through its subsidiaries, provides insurance products and services in Japan.

Millicom International Cellular

Market Cap: US$11.7b

Provides cable and mobile services in Latin America.

SCREEN Holdings

Market Cap: JP¥1.8t

Develops, manufactures, and markets semiconductor production equipment in Japan, Taiwan, South Korea, China, the United States, Europe, and internationally.

Universal Health Services

Market Cap: US$11.6b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

MTN Nigeria Communications

Market Cap: ₦16.2t

Provides broadband fixed wireless access, telecommunication, and mobile financial services to consumer, commercial, and institutional customers in Nigeria.

Almarai

Market Cap: ر.س43.3b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Ooredoo Q.P.S.C

Market Cap: ر.ق42.0b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Brown-Forman

Market Cap: US$11.5b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

China Zheshang Bank

Market Cap: HK$89.9b

Provides various commercial banking products and services in Mainland China.

Manila Electric

Market Cap: ₱675.7b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.

Phison Electronics

Market Cap: NT$363.1b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Yuanjie Semiconductor Technology

Market Cap: CN¥78.5b

Yuanjie Semiconductor Technology Co., Ltd.

Sanan OptoelectronicsLtd

Market Cap: CN¥78.4b

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

Taiwan Cooperative Financial Holding

Market Cap: NT$362.2b

Provides commercial banking, insurance, securities, bills finance, venture capital, asset management, and investment trust services in Taiwan.

mBank

Market Cap: zł41.4b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

Jiangsu Yanghe Distillery

Market Cap: CN¥77.4b

Offers liquors and wines.

King Yuan Electronics

Market Cap: NT$358.3b

Engages in the designing, manufacturing, selling, testing, and assembly service of integrated circuits.

ASPEED Technology

Market Cap: NT$356.5b

Operates as a fabless integrated circuit (IC) design company in Taiwan, China, the United States, and internationally.