Norwegian Tech Defensive Blue Chips

Standard Bank Group

Market Cap: R530.7b

Provides financial products and services in South Africa and internationally.

Grupo Financiero Banorte. de

Market Cap: Mex$556.1b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

GE HealthCare Technologies

Market Cap: US$31.6b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Bank Hapoalim B.M

Market Cap: ₪95.9b

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

Willis Towers Watson

Market Cap: US$31.3b

Operates as an advisory, broking, and solutions company worldwide.

Bank of Ningbo

Market Cap: CN¥210.5b

Provides various personal and business banking products and services in the People's Republic of China.

ResMed

Market Cap: US$30.9b

Develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the United States and internationally.

Naturgy Energy Group

Market Cap: €26.8b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

Resona Holdings

Market Cap: JP¥4.9t

Through its subsidiaries, engages in the provision retail and commercial banking products and services in Japan and internationally.

ON Semiconductor

Market Cap: US$30.7b

Provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally.

Centene

Market Cap: US$30.5b

Operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States.

Nestlé India

Market Cap: ₹2.9t

Engages in the manufacture and sale of food products in India and internationally.

Credicorp

Market Cap: US$30.5b

Provides various banking services and products in Peru, Bermuda, Colombia, Bolivia, Panama, Chile, the United States, the Cayman Islands, and Mexico.

Seven & i Holdings

Market Cap: JP¥4.9t

Operates convenience stores in Japan, North America, and internationally.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$3.9b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Svenska Handelsbanken

Market Cap: SEK 288.5b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Veolia Environnement

Market Cap: €26.2b

Designs and provides water, waste, and energy management solutions.

Citizens Financial Group

Market Cap: US$30.1b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

Gulf Development

Market Cap: ฿997.2b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

Atmos Energy

Market Cap: US$29.7b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Ajinomoto

Market Cap: JP¥4.7t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

AXIA Energia

Market Cap: R$149.9b

Through its subsidiaries, engages in the generation, transmission, distribution, and commercialization of electricity in Brazil.

Ørsted

Market Cap: DKK 191.0b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, and energy storage and combined heat and power (CHP) plants.

W. R. Berkley

Market Cap: US$29.4b

An insurance holding company, operates as a commercial line writer worldwide.

Sampo Oyj

Market Cap: €25.4b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

Fresenius SE KGaA

Market Cap: €25.2b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

DexCom

Market Cap: US$29.0b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally.

Piotech

Market Cap: CN¥192.4b

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

Sumitomo Mitsui Trust Group

Market Cap: JP¥4.6t

Operates as a trust bank in Japan and internationally.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥192.1b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

George Weston

Market Cap: CA$39.8b

Provides food and drug retailing, and financial services in Canada.

Dollar General

Market Cap: US$28.4b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Aviva

Market Cap: UK£20.8b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, India, and China.

TS Financial Holding

Market Cap: NT$902.9b

Provides various financial products and services.

Huaneng Lancang River Hydropower

Market Cap: CN¥188.5b

Engages in the development, construction, operation, and management of hydropower and new energy power generation projects.

Power Grid Corporation of India

Market Cap: ₹2.6t

An electric power transmission utility, engages in the power transmission business in India and internationally.