Swedish Software Defensive Blue Chips

Fresenius SE KGaA

Market Cap: €23.6b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

Willis Towers Watson

Market Cap: US$26.9b

Operates as an advisory, broking, and solutions company worldwide.

PPL

Market Cap: US$26.9b

Provides electricity and natural gas to approximately 3.6 million customers in the United States.

Regions Financial

Market Cap: US$26.9b

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

Avenue Supermarts

Market Cap: ₹2.6t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

Banco BPM

Market Cap: €23.4b

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

Dollar General

Market Cap: US$26.8b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Cincinnati Financial

Market Cap: US$26.7b

Provides property casualty insurance products in the United States.

China National Nuclear Power

Market Cap: CN¥180.8b

Engages in the investment, construction, operation, and management of nuclear power projects in the People's Republic of China.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥180.7b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Aviva

Market Cap: UK£19.7b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, India, and China.

China Everbright Bank

Market Cap: CN¥177.9b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Huadian New Energy Group

Market Cap: CN¥177.7b

Engages in the power generation business in China.

Helvetia Baloise Holding

Market Cap: CHF 21.1b

Engages in life and non-life insurance, and reinsurance business.

Hangzhou Changchuan TechnologyLtd

Market Cap: CN¥176.4b

Researches and develops, produces, and sells integrated circuit equipment in China and internationally.

QBE Insurance Group

Market Cap: AU$37.3b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

MTN Group

Market Cap: R428.9b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

EnBW Energie Baden-Württemberg

Market Cap: €22.7b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

Koninklijke Philips

Market Cap: €22.7b

Operates as a health technology company in North America, the Greater China, and internationally.

AST SpaceMobile

Market Cap: US$25.7b

Designs and develops the constellation of BlueBird satellites in the United States.

China Jushi

Market Cap: CN¥173.8b

Manufactures and sells fiberglass and related products in China and internationally.

Barito Renewables Energy

Market Cap: Rp457.5t

Generates and sells power through geothermal and wind resources in Indonesia.

BT Group

Market Cap: UK£19.1b

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

Banco de Crédito del Perú

Market Cap: S/86.4b

Provides banking products and services to individuals, small and medium-sized enterprises (SME), and companies in Peru, Panama, and the United States.

KeyCorp

Market Cap: US$25.4b

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

American Water Works Company

Market Cap: US$25.2b

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

New China Life Insurance

Market Cap: CN¥170.8b

Provides life insurance products and services to individuals and institutions in China.

Mediobanca Banca di Credito Finanziario

Market Cap: €22.0b

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

AIB Group

Market Cap: €21.9b

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

Bank Rakyat Indonesia (Persero)

Market Cap: Rp447.2t

Provides various banking products and services in Indonesia and internationally.

CLP Holdings

Market Cap: HK$196.3b

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

China Unicom (Hong Kong)

Market Cap: HK$195.2b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

Public Bank Berhad

Market Cap: RM 101.9b

Provides banking products and services.

Hana Financial Group

Market Cap: ₩36.9t

Through its subsidiaries, provides financial services in South Korea, Hong Kong, Singapore, the United States, Japan, China, Indonesia, the United Kingdom, Canada, and internationally.

QNB Bank

Market Cap: ₺1.2t

Provides various banking and financial services in Turkey.

Dollar Tree

Market Cap: US$24.4b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.