Swedish Software Defensive Blue Chips

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

LONGi Green Energy Technology

Market Cap: CN¥89.6b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

Smith & Nephew

Market Cap: UK£9.8b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Anhui Conch Cement

Market Cap: CN¥88.9b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

RenaissanceRe Holdings

Market Cap: US$13.1b

Provides reinsurance and insurance products in the United States and internationally.

Yokohama Financial Group

Market Cap: JP¥2.1t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

iA Financial

Market Cap: CA$18.4b

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

Caixa Seguridade Participações

Market Cap: R$66.5b

Provides insurance products in Brazil and internationally.

Israel Discount Bank

Market Cap: ₪39.1b

Provides various banking and financial services in Israel, Europe, and North America.

Align Technology

Market Cap: US$13.0b

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

SK Telecom

Market Cap: ₩19.1t

Engages in the provision of wireless telecommunication services in South Korea.

China Resources Microelectronics

Market Cap: CN¥87.0b

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

Banque Saudi Fransi

Market Cap: ر.س48.2b

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

Piraeus Bank

Market Cap: €11.2b

Provides various banking products and services in Greece, Europe, and internationally.

HDFC Life Insurance

Market Cap: ₹1.2t

Engages in the provision of individual and group insurance solutions in India.

Fresenius Medical Care

Market Cap: €11.2b

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

Dangote Cement

Market Cap: ₦17.5t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

KT&G

Market Cap: ₩18.7t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

Osaka Gas

Market Cap: JP¥2.0t

Provides natural gas, electricity, and other energy products and services in Japan and internationally.

Semtech

Market Cap: US$12.6b

Provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.

Kinsus Interconnect Technology

Market Cap: NT$405.7b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Etihad Etisalat

Market Cap: ر.س47.2b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Punjab National Bank

Market Cap: ₹1.2t

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

MTN Nigeria Communications

Market Cap: ₦17.3t

Provides broadband fixed wireless access, telecommunication, and mobile financial services to consumer, commercial, and institutional customers in Nigeria.

Origin Energy

Market Cap: AU$17.9b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Beijing Huafeng Test & Control TechnologyLtd

Market Cap: CN¥84.6b

Beijing Huafeng Test & Control Technology Co.,Ltd.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥84.5b

Henan Shuanghui Investment & Development Co.,Ltd.

Ingenic SemiconductorLtd

Market Cap: CN¥84.4b

Engages in the research and development, design, and sale of integrated circuit chip products in China and internationally.

Penumbra

Market Cap: US$12.5b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

CP ALL

Market Cap: ฿416.6b

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

Webster Financial

Market Cap: US$12.4b

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.

Taiwan Cooperative Financial Holding

Market Cap: NT$399.9b

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

Tokyo GasLtd

Market Cap: JP¥2.0t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Almarai

Market Cap: ر.س46.4b

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

Aier Eye Hospital Group

Market Cap: CN¥83.5b

Operates as an ophthalmic medical company in China, Hong Kong, Europe, the United States, Europe, and Southeast Asia.

BUA Foods

Market Cap: ₦16.9t

Processes, manufactures, produces, and distributes food materials in Nigeria.