Peruvian Software Defensive Blue Chips

Tata Consumer Products

Market Cap: ₹1.1t

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

Almarai

Market Cap: ر.س43.5b

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

Globe Life

Market Cap: US$11.6b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

MTN Nigeria Communications

Market Cap: ₦15.6t

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

KT&G

Market Cap: ₩16.9t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥77.2b

Engages in the generation and sale of electricity in China.

Smithfield Foods

Market Cap: US$11.3b

Produces various packaged meats and fresh pork products in the United States and internationally.

Hong Leong Bank Berhad

Market Cap: RM 44.7b

Operates as a financial services company in Malaysia and internationally.

Hormel Foods

Market Cap: US$11.3b

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

China Zheshang Bank

Market Cap: HK$88.2b

Provides corporate and retail banking services in Mainland China.

ACM Research (Shanghai)

Market Cap: CN¥76.4b

Engages in the research, development, production, and sale of semiconductor equipment in China.

KGI Financial Holding

Market Cap: NT$353.9b

Operates as a financial company in Taiwan and internationally.

Shanghai Iluvatar CoreX Semiconductor

Market Cap: HK$87.6b

Shanghai Iluvatar CoreX Semiconductor Co., Ltd.

Universal Health Services

Market Cap: US$11.2b

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

Sanlam

Market Cap: R182.6b

Provides various financial services in South Africa, Pan-Africa, Asia, and internationally.

Jiangsu Yanghe Distillery

Market Cap: CN¥75.9b

Offers liquors and wines.

Japan Post Insurance

Market Cap: JP¥1.8t

Provides life insurance products and services in Japan.

Assurant

Market Cap: US$11.1b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

iA Financial

Market Cap: CA$15.2b

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

China Resources Beer (Holdings)

Market Cap: HK$86.4b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Busy Ming Group

Market Cap: HK$86.3b

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

Olympus

Market Cap: JP¥1.7t

Manufactures and sells medical equipment in Japan, America, the Middle East, Asia, and Oceania.

AltaGas

Market Cap: CA$15.1b

Operates as an energy infrastructure company in North America.

American Financial Group

Market Cap: US$11.0b

An insurance holding company, provides property and casualty insurance products in the United States.

Zhejiang Zheneng Electric Power

Market Cap: CN¥74.0b

Zhejiang Zheneng Electric Power Co., Ltd.

GAIL (India)

Market Cap: ₹1.0t

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

Bank Albilad

Market Cap: ر.س40.5b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫283.7t

Provides various banking products and services in Vietnam and internationally.

Vodafone Idea

Market Cap: ₹1.0t

Provides mobile telecommunication services in India.

Far EasTone Telecommunications

Market Cap: NT$340.0b

Engages in the provision of telecommunications and digital application services in Taiwan.

Bank of Chengdu

Market Cap: CN¥73.3b

Provides various commercial banking products and services in China.

Tsingtao Brewery

Market Cap: CN¥73.1b

Engages in the manufacture and sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Yokohama Financial Group

Market Cap: JP¥1.7t

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

Encompass Health

Market Cap: US$10.7b

Operates inpatient rehabilitation hospitals in the United States and Puerto Rico.

BUA Foods

Market Cap: ₦14.4t

Processes, manufactures, produces, and distributes food materials in Nigeria.

BKW

Market Cap: CHF 8.3b

An energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.