Norwegian Tech Defensive Blue Chips

Taiwan Cooperative Financial Holding

Market Cap: NT$423.4b

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

Erie Indemnity

Market Cap: US$13.0b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Banque Saudi Fransi

Market Cap: ر.س48.7b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Osaka Gas

Market Cap: JP¥2.1t

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

iA Financial

Market Cap: CA$18.0b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

China Resources Power Holdings

Market Cap: HK$100.5b

An investment holding company, invests in, develops, operates, and manages power plants and coal mine projects in the People’s Republic of China.

Origin Energy

Market Cap: AU$18.4b

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.

Baxter International

Market Cap: US$12.8b

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

Etihad Etisalat

Market Cap: ر.س48.0b

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

BJ's Wholesale Club Holdings

Market Cap: US$12.8b

Operates membership warehouse clubs on the eastern half of the United States.

Israel Discount Bank

Market Cap: ₪39.0b

Provides various banking and financial services in Israel, Europe, and North America.

Jerónimo Martins SGPS

Market Cap: €11.0b

Operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally.

Dangote Cement

Market Cap: ₦17.3t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Tokyo GasLtd

Market Cap: JP¥2.1t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Coca-Cola Consolidated

Market Cap: US$12.6b

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

Penumbra

Market Cap: US$12.6b

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

Yokohama Financial Group

Market Cap: JP¥2.0t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

Chubu Electric Power Company

Market Cap: JP¥2.0t

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

Tongfu MicroelectronicsLtd

Market Cap: CN¥84.8b

Provides integrated circuit (IC) encapsulation test services in China and internationally.

Nova

Market Cap: US$12.5b

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.

CP ALL

Market Cap: ฿418.8b

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

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥84.3b

Engages in the generation and sale of electricity in China.

Aier Eye Hospital Group

Market Cap: CN¥84.2b

Operates as an ophthalmic medical company in China, Hong Kong, Europe, the United States, Europe, and Southeast Asia.

Shanghai Rural Commercial Bank

Market Cap: CN¥84.1b

Engages in commercial banking business in China.

Align Technology

Market Cap: US$12.4b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

HDFC Life Insurance

Market Cap: ₹1.2t

Engages in the provision of individual and group insurance solutions in India.

Almarai

Market Cap: ر.س46.3b

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

Webster Financial

Market Cap: US$12.3b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Ryan Specialty Holdings

Market Cap: US$12.3b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, Singapore, and internationally.

First Horizon

Market Cap: US$12.2b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

Shanghai Iluvatar CoreX Semiconductor

Market Cap: HK$95.9b

Shanghai Iluvatar CoreX Semiconductor Co., Ltd.

Tele2

Market Cap: SEK 115.7b

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

Olympus

Market Cap: JP¥2.0t

Engages in the manufacture and sale of medical equipment in Japan, America, the Middle East, Asia, and Oceania.

Marico

Market Cap: ₹1.1t

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Guangdong Haid Group

Market Cap: CN¥80.9b

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

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.