Qatari Software Defensive Blue Chips

China Resources Microelectronics

Market Cap: CN¥86.3b

Engages in the manufacture and sale of semiconductors in China and internationally.

Ooredoo Q.P.S.C

Market Cap: ر.ق45.0b

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

BAWAG Group

Market Cap: €10.5b

Operates as a holding company for BAWAG P.S.K.

Guobo Electronics

Market Cap: CN¥85.8b

Engages in the research and development, production, and sale of active phased array transmitter and receiver components and radio frequency integrated circuit related products in China.

Hong Leong Bank Berhad

Market Cap: RM 49.2b

Operates as a financial services company in Malaysia and internationally.

Tongfu MicroelectronicsLtd

Market Cap: CN¥85.5b

Provides integrated circuit (IC) encapsulation test services in China and internationally.

Cochlear

Market Cap: AU$17.9b

Provides implantable hearing solutions for children and adults worldwide.

Fresenius Medical Care

Market Cap: €10.4b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

CP ALL

Market Cap: ฿381.0b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

GD Power DevelopmentLtd

Market Cap: CN¥85.1b

Operates as a power generation company in China.

Saputo

Market Cap: CA$16.7b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, Argentina, and the United Kingdom.

Suncorp Group

Market Cap: AU$17.8b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Comerica

Market Cap: US$12.2b

Provides financial services in the United States, Canada, and Mexico.

Guangdong Haid Group

Market Cap: CN¥84.6b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Technoprobe

Market Cap: €10.3b

Produces and sells electronic circuits in Italy, Asia, the United States, and rest of Europe.

Align Technology

Market Cap: US$12.1b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Phoenix Financial

Market Cap: ₪38.0b

Provides multi-line insurance products in Israel.

SinoPac Financial Holdings

Market Cap: NT$380.4b

Through its subsidiaries, provides banking, securities, investment, leasing, and venture capital services worldwide.

Piraeus Bank

Market Cap: €10.2b

Provides banking products and services in Greece and internationally.

CPFL Energia

Market Cap: R$63.4b

Through its subsidiaries, operates as an energy company in Brazil.

First Horizon

Market Cap: US$11.9b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

China Jushi

Market Cap: CN¥83.1b

Engages in the manufacture and sale of fiberglass and related products in China and internationally.

mBank

Market Cap: zł42.6b

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

Beijing E-Town Semiconductor Technology

Market Cap: CN¥82.9b

Beijing E-Town Semiconductor Technology Co., Ltd.

Arab National Bank

Market Cap: ر.س44.6b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Assurant

Market Cap: US$11.9b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Banque Saudi Fransi

Market Cap: ر.س44.5b

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

Indus Towers

Market Cap: ₹1.1t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

True Corporation

Market Cap: ฿369.7b

Provides telecommunications and value-added services in Thailand.

Insurance Australia Group

Market Cap: AU$17.3b

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

Taiwan Cooperative Financial Holding

Market Cap: NT$372.4b

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

Italgas

Market Cap: €10.0b

Engages in the distribution of natural gas in Italy, Greece, and Other European Union countries.

Shanghai Rural Commercial Bank

Market Cap: CN¥81.9b

Engages in commercial banking business in China.

Vodafone Idea

Market Cap: ₹1.1t

Provides mobile telecommunication services in India.

Sejahteraraya Anugrahjaya

Market Cap: Rp198.0t

Provides medical services in Indonesia.

Almarai

Market Cap: ر.س43.8b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.