Portuguese Software Defensive Blue Chips

AIB Group

Market Cap: €19.8b

Provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Credo Technology Group Holding

Market Cap: US$23.4b

Provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

Tyson Foods

Market Cap: US$23.2b

Operates as a food company worldwide.

China Minsheng Banking

Market Cap: CN¥161.2b

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

China United Network Communications

Market Cap: CN¥161.0b

Provides telecommunication services in the People’s Republic of China.

Yihai Kerry Arawana Holdings

Market Cap: CN¥160.4b

Engages in the agriculture and food processing businesses in China.

Lasertec

Market Cap: JP¥3.5t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

Snam

Market Cap: €19.3b

Engages in the operation of natural gas transport and storage infrastructure.

Banco de Chile

Market Cap: CL$19.8t

Operates as a commercial bank that provides banking services in Chile.

Telefônica Brasil

Market Cap: R$119.4b

Operates as a mobile telecommunications company in Brazil.

Sumitomo Mitsui Trust Group

Market Cap: JP¥3.5t

Operates as a trust bank in Japan and internationally.

Casey's General Stores

Market Cap: US$22.9b

Operates convenience stores under the Casey's and Casey’s General Store names in the United States.

OmniVision Integrated Circuits Group

Market Cap: CN¥158.8b

OmniVision Integrated Circuits Group, Inc.

Coca-Cola FEMSA. de

Market Cap: US$22.8b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Gulf Development

Market Cap: ฿709.6b

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

Telefónica

Market Cap: €19.1b

Provides telecommunications services in Europe and Latin America.

Telenor

Market Cap: NOK 217.9b

Operates as a telecommunication company worldwide.

Banco BPM

Market Cap: €18.9b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Riyad Bank

Market Cap: ر.س84.5b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Labcorp Holdings

Market Cap: US$22.5b

Provides laboratory services.

Bunge Global

Market Cap: US$22.5b

Operates as an agribusiness and food company worldwide.

SBI Life Insurance

Market Cap: ₹2.1t

Operates as a private life insurance company in India.

Pernod Ricard

Market Cap: €18.7b

Produces and sells wines and spirits worldwide.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫581.6t

Provides banking products and services in Vietnam.

Terna

Market Cap: €18.2b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

Hon. Precision

Market Cap: NT$681.9b

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

Fortum Oyj

Market Cap: €18.2b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

Loews

Market Cap: US$21.1b

Through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally.

Qnity Electronics

Market Cap: US$20.8b

Provides materials and solutions to the semiconductor and electronics industries in the United States, rest of Americas, Europe, the Middle East, Africa, Asia Pacific, China, South Korea, Taiwan, and internationally.

NN Group

Market Cap: €17.4b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

Grupo Cibest

Market Cap: Col$76.2t

Provides various banking products and services in Colombia and internationally.

Ajinomoto

Market Cap: JP¥3.2t

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

QBE Insurance Group

Market Cap: AU$29.6b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

CK Infrastructure Holdings

Market Cap: HK$161.5b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

MTN Group

Market Cap: R329.0b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp343.7t

Provides information and communications technology, and telecommunications network services worldwide.