Slovenian Software Defensive Blue Chips

Israel Discount Bank

Market Cap: ₪39.7b

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

GD Power DevelopmentLtd

Market Cap: CN¥84.9b

Operates as a power generation company in China.

Tokyo GasLtd

Market Cap: JP¥1.7t

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

Itissalat Al-Maghrib (IAM)

Market Cap: د.م106.4b

Provides various telecommunication solutions in Morocco and internationally.

Canara Bank

Market Cap: ₹1.0t

Provides various banking products and services in India and internationally.

Kasikornbank

Market Cap: ฿380.3b

Provides commercial banking products and services in Thailand and internationally.

Bajaj Housing Finance

Market Cap: ₹1.0t

Provides housing finance services in India.

Bank of the Philippine Islands

Market Cap: ₱665.2b

Provides various financial products and services to retail and corporate clients in the Philippines.

Bank of Chengdu

Market Cap: CN¥83.6b

Provides various commercial banking products and services in China.

Industrial Bank of Korea

Market Cap: ₩16.1t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

True Corporation

Market Cap: ฿376.6b

Provides telecommunications and value-added services in Thailand.

CEMEX. de

Market Cap: Mex$217.2b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

Banque Saudi Fransi

Market Cap: ر.س43.6b

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

T&D Holdings

Market Cap: JP¥1.7t

Through its subsidiaries, provides insurance products and services primarily in Japan.

ING Bank Slaski

Market Cap: zł42.0b

Together with our subsidiaries, provides various banking products and services for retail clients and businesses in Poland.

Albertsons Companies

Market Cap: US$11.5b

Through its subsidiaries, operates in the food and drug retail industry in the United States.

Grupo Bimbo. de

Market Cap: Mex$214.6b

Produces, distributes, and sells various bakery products.

RenaissanceRe Holdings

Market Cap: US$11.5b

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

Celsius Holdings

Market Cap: US$11.5b

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

First Horizon

Market Cap: US$11.4b

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

Etihad Etisalat

Market Cap: ر.س42.5b

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

Banco Santander-Chile

Market Cap: CL$10.8t

Provides commercial and retail banking products and services in Chile.

James Hardie Industries

Market Cap: AU$17.4b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Redeia Corporación

Market Cap: €9.6b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

Hims & Hers Health

Market Cap: US$11.3b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

Doximity

Market Cap: US$11.3b

Operates as a digital platform for medical professionals in the United States.

Aegon

Market Cap: €9.6b

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

United Spirits

Market Cap: ₹970.2b

Engages in the manufacture, sale, and distribution of alcoholic beverages and other allied spirits in India and internationally.

ICICI Lombard General Insurance

Market Cap: ₹969.7b

Provides various general insurance products and services in India.

Infrastrutture Wireless Italiane

Market Cap: €9.6b

Operates in the electronic communications infrastructure sector in Italy.

Baloise Holding

Market Cap: CHF 8.9b

Primarily engages in the insurance and banking businesses in Switzerland, Germany, Belgium, and Luxembourg.

Kinsale Capital Group

Market Cap: US$11.2b

Engages in the provision of property and casualty insurance products in the United States.

Tsingtao Brewery

Market Cap: HK$87.5b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Arab National Bank

Market Cap: ر.س41.8b

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.

Ooredoo Q.P.S.C

Market Cap: ر.ق40.5b

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

Encompass Health

Market Cap: US$11.1b

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