Russian Software Defensive Blue Chips

Centrica

Market Cap: UK£8.7b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Jiangsu Yanghe Distillery

Market Cap: CN¥81.5b

Offers liquors and wines.

Unum Group

Market Cap: US$11.7b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Manila Electric

Market Cap: ₱679.6b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

Ryan Specialty Holdings

Market Cap: US$11.7b

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.

ASPEED Technology

Market Cap: NT$367.6b

Operates as a fabless integrated circuit (IC) design company in Taiwan, China, the United States, and internationally.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫299.8t

Provides various banking products and services to individuals, businesses, and organizations in Vietnam and internationally.

Globus Medical

Market Cap: US$11.7b

A medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

HKT Trust and HKT

Market Cap: HK$91.1b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Admiral Group

Market Cap: UK£8.5b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

SBI Shinsei Bank

Market Cap: JP¥1.8t

Provides banking and financial products and services to individual customers, corporations, public-sector entities, and financial institutions in Japan.

Webster Financial

Market Cap: US$11.5b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Aegon

Market Cap: €9.7b

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

China Resources Microelectronics

Market Cap: CN¥79.3b

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

Globe Life

Market Cap: US$11.5b

Through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

Suzhou Maxwell Technologies

Market Cap: CN¥79.2b

Engages in the design, research and development, production, and sale of solar cell production equipment in China.

Celsius Holdings

Market Cap: US$11.4b

Develops, processes, manufactures, markets, sells, and distributes functional energy drinks in the United States, North America, Europe, the Asia Pacific, and internationally.

Insurance Australia Group

Market Cap: AU$16.2b

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

Sejahteraraya Anugrahjaya

Market Cap: Rp192.0t

Provides medical services in Indonesia.

Max Healthcare Institute

Market Cap: ₹1.0t

Provides medical and healthcare services in India.

Almarai

Market Cap: ر.س42.4b

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

Encompass Health

Market Cap: US$11.3b

Provides post-acute healthcare services in the United States and Puerto Rico.

Türkiye Is Bankasi

Market Cap: ₺492.1b

Provides various banking products and services in Turkey.

BIWIN Storage Technology

Market Cap: CN¥77.5b

Researches, develops, designs, packs, tests, produces, and sells semiconductor memory.

Sanan OptoelectronicsLtd

Market Cap: CN¥77.4b

Engages in the research, development, production, and sale of compound semiconductor materials and devices in China and internationally.

China Zheshang Bank

Market Cap: HK$87.6b

Provides various commercial banking products and services in Mainland China.

iA Financial

Market Cap: CA$15.2b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

CPFL Energia

Market Cap: R$58.2b

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

Rockchip Electronics

Market Cap: CN¥76.9b

Operates as a fabless IC design company focusing on Intelligent IoT in China.

SiTime

Market Cap: US$11.1b

Engages in the design, development, and sale of silicon timing systems solutions in Hong Kong, Taiwan, the United States, Singapore, and internationally.

China Resources Beer (Holdings)

Market Cap: HK$86.7b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Arab National Bank

Market Cap: ر.س41.5b

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.

Komercní banka

Market Cap: Kč225.7b

Provides various retail, corporate, and investment banking services primarily in the Czech Republic, and Central and Eastern Europe.

China Taiping Insurance Holdings

Market Cap: HK$86.3b

An investment holding company, underwrites various insurance and reinsurance products in the People’s Republic of China, Hong Kong, Macau, Singapore, and internationally.

Jinko Solar

Market Cap: CN¥75.9b

Engages in the research, development, manufacturing, and sale of photovoltaic products and clean energy solutions in China, Europe, America, the Asia Pacific, and internationally.