Portuguese Software Defensive Blue Chips

Heineken Holding

Market Cap: €17.3b

Engages in brewing and selling beer and cider in the Netherlands and internationally.

Principal Financial Group

Market Cap: US$20.7b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Centene

Market Cap: US$20.6b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp341.8t

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

Cellnex Telecom

Market Cap: €17.1b

Engages in the management of terrestrial telecommunications infrastructures in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland.

LONGi Green Energy Technology

Market Cap: CN¥141.9b

Manufactures and sells photovoltaic products in China, Europe, the Asia Pacific, and the United States.

Quest Diagnostics

Market Cap: US$20.3b

Provides diagnostic testing and services in the United States and internationally.

Mizrahi Tefahot Bank

Market Cap: ₪62.4b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

IHH Healthcare Berhad

Market Cap: RM 78.3b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

Coca-Cola HBC

Market Cap: UK£14.4b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

Coles Group

Market Cap: AU$28.2b

Operates as a retailer in Australia.

Arca Continental. de

Market Cap: Mex$339.4b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Hana Financial Group

Market Cap: ₩28.2t

Through its subsidiaries, provides financial services in South Korea.

Saudi Awwal Bank

Market Cap: ر.س73.3b

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

Coloplast

Market Cap: DKK 122.0b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ71.5b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Terumo

Market Cap: JP¥2.9t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$99.8b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Bank of Ireland Group

Market Cap: €16.0b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Bank of Shanghai

Market Cap: CN¥132.4b

Provides various banking products and services in China.

CEMEX. de

Market Cap: Mex$328.1b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

Straumann Holding

Market Cap: CHF 14.6b

Provides tooth replacement and orthodontic solutions worldwide.

Banco de Sabadell

Market Cap: €15.9b

Provides banking products and services to personal, business, and private customers in Spain and internationally.

Alinma Bank

Market Cap: ر.س71.2b

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

Bank of Nanjing

Market Cap: CN¥130.9b

Provides various financial products and services in China.

Rede D'Or São Luiz

Market Cap: R$97.4b

Engages in the provision of hospital services in Brazil.

Koninklijke KPN

Market Cap: €15.6b

Provides telecommunications and information technology (IT) services in the Netherlands.

US Foods Holding

Market Cap: US$18.7b

Engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Mora Telematika Indonesia

Market Cap: Rp311.0t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.

Winbond Electronics

Market Cap: NT$585.0b

Engages in the design, development, manufacture, and marketing of very large scale integration integrated circuits (ICs) for various microelectronic applications in Asia, the Americas, Europe, and internationally.

Mega Financial Holding

Market Cap: NT$583.7b

Provides various financial services in Taiwan.

Anhui Conch Cement

Market Cap: CN¥128.3b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Associated British Foods

Market Cap: UK£13.4b

Engages in the food, ingredients, and retail businesses worldwide.

JDE Peet's

Market Cap: €15.3b

Operates as a coffee and tea company worldwide.

Vodacom Group

Market Cap: R289.5b

Provides communications products and services.

Eurobank

Market Cap: €15.2b

Provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.