Filipino Software Defensive Blue Chips

FBC Holdings

Market Cap: US$6.1b

Through its subsidiaries, provides commercial and wholesale banking, mortgage financing, micro lending, reinsurance, short-term insurance, and stockbroking services in Zimbabwe.

Emirates Telecommunications Group Company PJSC

Market Cap: د.إ171.3b

Provides telecommunications services, media, and related equipment in the United Arab Emirates and internationally.

IDEXX Laboratories

Market Cap: US$46.6b

Develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally.

Kuwait Finance House K.S.C.P

Market Cap: د.ك14.3b

Provides Islamic banking products and services in the Middle East, Europe, and internationally.

Barito Renewables Energy

Market Cap: Rp775.9t

Generates and sells power through geothermal and wind resources in Indonesia.

Edwards Lifesciences

Market Cap: US$45.6b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

Disco

Market Cap: JP¥7.3t

Manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally.

Fifth Third Bancorp

Market Cap: US$45.5b

Operates as the bank holding company for Fifth Third Bank, National Association that provides a range of financial products and services in the United States.

Axis Bank

Market Cap: ₹4.2t

Provides various financial products and services in India and internationally.

Federal National Mortgage Association

Market Cap: US$45.1b

Provides financing solutions for residential mortgages in the United States.

People's Insurance Company (Group) of China

Market Cap: HK$352.8b

An investment holding company, offers insurance products and services in the People’s Republic of China and Hong Kong.

SSE

Market Cap: UK£33.2b

Engages in the generation, transmission, distribution, and supply of electricity.

Heineken

Market Cap: €38.0b

Heineken N.V. brews and sells beer and cider in Europe, the Americas, Africa, the Middle East, and the Asia Pacific.

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

Market Cap: ر.ق162.2b

Provides conventional and Islamic banking products and services in Qatar, Europe, North America, rest of GCC countries, and internationally.

Swisscom

Market Cap: CHF 35.1b

Provides telecommunication services in Switzerland, Italy, and internationally.

Becton Dickinson

Market Cap: US$44.3b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

Great-West Lifeco

Market Cap: CA$60.8b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Commerzbank

Market Cap: €37.4b

Provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally.

Coca-Cola Europacific Partners

Market Cap: €37.1b

Produces, distributes, and sells a range of non-alcoholic ready-to-drink beverages.

ASM International

Market Cap: €37.0b

Engages in the research, development, manufacturing, marketing, and servicing of equipment and materials used to produce semiconductor devices in the United States, Europe, and Asia.

Diageo

Market Cap: UK£32.0b

Engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific, Latin America and Caribbean, and Africa.

Kroger

Market Cap: US$43.1b

Operates as a food and drug retailer in the United States.

Telstra Group

Market Cap: AU$60.7b

Provides telecommunications and information services in Australia and internationally.

Hershey

Market Cap: US$42.7b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

Consolidated Edison

Market Cap: US$42.4b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

Rocket Companies

Market Cap: US$42.4b

A fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada.

Koninklijke Ahold Delhaize

Market Cap: €36.1b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

PICC Property and Casualty

Market Cap: HK$329.2b

Engages in property and casualty insurance business in People’s Republic of China.

Danske Bank

Market Cap: DKK 265.7b

Provides various banking products and services to corporate, institutional, and international clients.

American International Group

Market Cap: US$41.6b

Provides insurance products for commercial, institutional, and individual customers in North America and internationally.

Tesco

Market Cap: UK£30.8b

Operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.

ITC

Market Cap: ₹3.8t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

Fairfax Financial Holdings

Market Cap: CA$56.0b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in Canada, the United States, the Middle East and Asia, and internationally.

Moore Threads Technology

Market Cap: CN¥275.4b

Engages in the development of GPU chips and related products.

Kotak Mahindra Bank

Market Cap: ₹3.7t

Provides a range of banking and financial services to corporate and individual customers in India.

Swedbank

Market Cap: SEK 370.4b

Provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.