Qatari Software Defensive Blue Chips

Citizens Financial Group

Market Cap: US$25.4b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

American Water Works Company

Market Cap: US$25.4b

Through its subsidiaries, provides water and wastewater services in the United States.

Luzhou LaojiaoLtd

Market Cap: CN¥178.6b

Produces and sells alcoholic products in China and internationally.

VERBUND

Market Cap: €21.4b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Veolia Environnement

Market Cap: €21.4b

Designs and provides water, waste, and energy management solutions.

STERIS

Market Cap: US$25.0b

Provides infection prevention products and services worldwide.

Renesas Electronics

Market Cap: JP¥3.9t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

Huaneng Lancang River Hydropower

Market Cap: CN¥172.5b

Engages in the development, construction, operation, and management of hydropower and new energy power generation projects.

JD Health International

Market Cap: HK$190.6b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

Ørsted

Market Cap: DKK 154.8b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.

Regions Financial

Market Cap: US$24.3b

A financial holding company, provides various banking and related products and services to individual and corporate customers.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥170.2b

Advanced Micro-Fabrication Equipment Inc.

BT Group

Market Cap: UK£17.8b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س89.9b

Provides private health and ancillary services.

Woolworths Group

Market Cap: AU$35.9b

Operates retail stores in Australia and New Zealand.

China Minsheng Banking

Market Cap: CN¥167.6b

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

Constellation Brands

Market Cap: US$23.5b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.

AIB Group

Market Cap: €19.7b

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

STMicroelectronics

Market Cap: €19.7b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

KeyCorp

Market Cap: US$22.9b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

China United Network Communications

Market Cap: CN¥160.7b

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

Credicorp

Market Cap: US$22.7b

Provides various financial, insurance, and health services and products in Peru and internationally.

Telefónica

Market Cap: €19.3b

Provides telecommunications services in Europe and Latin America.

Banco BPM

Market Cap: €19.3b

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

SBI Life Insurance

Market Cap: ₹2.0t

Operates as a private life insurance company in India.

Sigma Healthcare

Market Cap: AU$33.9b

Operates as a retail pharmacy franchisor and pharmaceutical wholesale and distributor to community pharmacies primarily in Australia.

Yihai Kerry Arawana Holdings

Market Cap: CN¥158.6b

Engages in the agriculture and food processing businesses in China.

CLP Holdings

Market Cap: HK$174.3b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Resona Holdings

Market Cap: JP¥3.5t

Through its subsidiaries, engages in the provision retail and commercial banking products and services in Japan and internationally.

ON Semiconductor

Market Cap: US$22.2b

Provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally.

Snam

Market Cap: €18.8b

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

Loews

Market Cap: US$22.0b

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

Banco do Brasil

Market Cap: R$122.4b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

Pernod Ricard

Market Cap: €18.6b

Produces and sells wines and spirits worldwide.

Banco Santander (Brasil)

Market Cap: R$120.7b

Provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally.

OmniVision Integrated Circuits Group

Market Cap: CN¥151.5b

OmniVision Integrated Circuits Group, Inc.