Russian Software Defensive Blue Chips

Hologic

Market Cap: US$16.7b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

Mediobanca Banca di Credito Finanziario

Market Cap: €13.9b

Provides various banking products and services in Italy, Other European countries, the United States, Asia, and internationally.

Punjab National Bank

Market Cap: ₹1.4t

Provides various banking and financial products and services in India and internationally.

Alinma Bank

Market Cap: ر.س60.3b

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

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Unipol Assicurazioni

Market Cap: €13.8b

Provides insurance products and services primarily in Italy.

Huaneng Power International

Market Cap: HK$123.8b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China and internationally.

Vodacom Group

Market Cap: R272.3b

Provides communications products and services.

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

JBS

Market Cap: US$15.9b

Operates as a protein and food company worldwide.

Uniper

Market Cap: €13.7b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

Fidelity National Financial

Market Cap: US$15.8b

Provides various insurance products in the United States.

Attijariwafa bank

Market Cap: د.م146.1b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

E.SUN Financial Holding Company

Market Cap: NT$493.3b

Provides various financial banking products and services in Taiwan.

Bank of Hangzhou

Market Cap: CN¥111.5b

Provides various banking products and services for individuals, corporate, and small and micro businesses in China.

Saudi Electricity

Market Cap: ر.س59.0b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Hua Xia Bank

Market Cap: CN¥111.4b

Provides commercial banking services in China and Hong Kong.

Telia Company

Market Cap: SEK 148.4b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

Wilmar International

Market Cap: S$20.2b

Operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally.

Jerónimo Martins SGPS

Market Cap: €13.4b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

Erie Indemnity

Market Cap: US$15.5b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

SDIC Power Holdings

Market Cap: CN¥109.3b

Engages in the electricity generation business in China.

Qnity Electronics

Market Cap: US$15.4b

Provides materials and solutions to the semiconductor and electronics industries worldwide.

NMBZ Holdings

Market Cap: US$2.0b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

Lasertec

Market Cap: JP¥2.4t

Engages in the designing, manufacturing, and sale of inspection and measurement equipment in Japan and internationally.

Shanghai United Imaging Healthcare

Market Cap: CN¥108.2b

Shanghai United Imaging Healthcare Co., Ltd.

Metro

Market Cap: CA$21.5b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Canara Bank

Market Cap: ₹1.4t

Provides various banking products and services in India and internationally.

Ambuja Cements

Market Cap: ₹1.4t

Manufactures, markets, and sells cement and related products to individual homebuilders, developers, infrastructure projects, masons and contractors, professionals, and architects and engineers in India.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق55.5b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Universal Health Services

Market Cap: US$15.2b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Grupo Cibest

Market Cap: Col$57.8t

Provides various banking products and services in Colombia and internationally.

Airtel Africa

Market Cap: UK£11.5b

Provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa.

Cooper Companies

Market Cap: US$15.1b

Develops, manufactures, and markets contact lens wearers.

Aier Eye Hospital Group

Market Cap: CN¥106.2b

Operates as a ophthalmology chain medical company in China, Hong Kong, Europe, the United States, and Southeast Asia.

Ryan Specialty Holdings

Market Cap: US$15.0b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, and Singapore.