Portuguese Software Defensive Blue Chips

Reinsurance Group of America

Market Cap: US$12.5b

Provides reinsurance and financial solutions.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 54.5b

Produces and supplies hydro, wind, and energy electricity in Romania.

Chandra Daya Investasi

Market Cap: Rp207.8t

Operates as an infrastructure investment holding company.

Doximity

Market Cap: US$12.4b

Operates as a digital platform for medical professionals in the United States.

BDO Unibank

Market Cap: ₱724.8b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Cochlear

Market Cap: AU$19.0b

Provides implantable hearing solutions for children and adults worldwide.

Union Bank of India

Market Cap: ₹1.1t

Provides banking products and services in India.

BJ's Wholesale Club Holdings

Market Cap: US$12.3b

Operates membership warehouse clubs on the eastern half of the United States.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥87.7b

Henan Shuanghui Investment & Development Co.,Ltd.

Taiwan Cooperative Financial Holding

Market Cap: NT$379.5b

Provides commercial banking, insurance, securities, bills finance, venture capital, asset management, and investment trust services in Taiwan.

CNA Financial

Market Cap: US$12.3b

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

Alibaba Health Information Technology

Market Cap: HK$95.4b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

Zegona Communications

Market Cap: UK£9.2b

Provides integrated telecommunications services in Spain.

WH Group

Market Cap: HK$94.9b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Insurance Australia Group

Market Cap: AU$18.8b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

BKW

Market Cap: CHF 9.6b

An international 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.

Acciona

Market Cap: €10.4b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Fisher & Paykel Healthcare

Market Cap: NZ$21.1b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Dino Polska

Market Cap: zł43.9b

Operates a network of mid-sized grocery supermarkets under the Dino brand name in Poland.

True Corporation

Market Cap: ฿393.9b

Provides telecommunications and value-added services in Thailand.

Shanghai Rural Commercial Bank

Market Cap: CN¥85.4b

Provides a range of banking products and services to individual and corporate customers in China.

Israel Discount Bank

Market Cap: ₪39.1b

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

Tokyo GasLtd

Market Cap: JP¥1.8t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Banque Saudi Fransi

Market Cap: ر.س44.6b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Mowi

Market Cap: NOK 118.9b

A seafood company, produces and sells Atlantic salmon products worldwide.

Baxter International

Market Cap: US$11.8b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Shree Cement

Market Cap: ₹1.0t

Engages in the manufacture and sale of cement and clinker in India and internationally.

Kirin Holdings Company

Market Cap: JP¥1.8t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

Aegon

Market Cap: €10.1b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

Krung Thai Bank

Market Cap: ฿380.8b

Engages in commercial banking business in Thailand and internationally.

Bank Albilad

Market Cap: ر.س43.6b

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

Waaree Energies

Market Cap: ₹1.0t

Manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects.

BB Seguridade Participações

Market Cap: R$62.3b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Ooredoo Q.P.S.C

Market Cap: ر.ق42.0b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

IDBI Bank

Market Cap: ₹1.0t

Provides banking and financial solutions to retail and corporate customers in India.

mBank

Market Cap: zł41.8b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.