Slovenian Software Defensive Blue Chips

Technoprobe

Market Cap: €10.7b

Produces and sells electronic circuits in Italy, Asia, the United States, and rest of Europe.

Absa Group

Market Cap: R207.2b

Provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Suncorp Group

Market Cap: AU$17.6b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Insurance Australia Group

Market Cap: AU$17.5b

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

Unum Group

Market Cap: US$12.5b

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

China Resources Power Holdings

Market Cap: HK$97.7b

An investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People’s Republic of China.

Piraeus Bank

Market Cap: €10.5b

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

Fresenius Medical Care

Market Cap: €10.4b

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

OPC Energy

Market Cap: ₪36.8b

Engages in the development, construction, operation, generation, and supply of electricity and energy in Israel.

James Hardie Industries

Market Cap: AU$17.0b

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

Industrial Bank of Korea

Market Cap: ₩17.9t

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

T&D Holdings

Market Cap: JP¥1.9t

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

Shanghai Iluvatar CoreX Semiconductor

Market Cap: HK$94.4b

Shanghai Iluvatar CoreX Semiconductor Co., Ltd.

Guangdong Haid Group

Market Cap: CN¥82.1b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Ambuja Cements

Market Cap: ₹1.1t

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

Arab National Bank

Market Cap: ر.س45.1b

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.

HKT Trust and HKT

Market Cap: HK$93.6b

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.

BJ's Wholesale Club Holdings

Market Cap: US$11.9b

Operates membership warehouse clubs on the eastern half of the United States.

Indus Towers

Market Cap: ₹1.1t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

Mowi

Market Cap: NOK 111.4b

A seafood company, produces and sells Atlantic salmon products worldwide.

Taiwan Cooperative Financial Holding

Market Cap: NT$374.0b

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

Manila Electric

Market Cap: ₱710.1b

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

Great Eastern Holdings

Market Cap: S$15.0b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

Mashreqbank PSC

Market Cap: د.إ43.3b

Provides various banking and financial services to individuals and corporates.

Apollo Hospitals Enterprise

Market Cap: ₹1.1t

Provides healthcare services in India.

Saputo

Market Cap: CA$16.1b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, Argentina, and the United Kingdom.

SiTime

Market Cap: US$11.7b

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

Webster Financial

Market Cap: US$11.7b

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.

Ooredoo Q.P.S.C

Market Cap: ر.ق42.6b

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

Chongqing Rural Commercial Bank

Market Cap: HK$91.3b

Provides banking and related financial services in the People’s Republic of China.

KT&G

Market Cap: ₩17.1t

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

Globe Life

Market Cap: US$11.6b

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

Tata Consumer Products

Market Cap: ₹1.1t

Produces, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

Ensign Group

Market Cap: US$11.6b

Provides skilled nursing, senior living, and rehabilitative services.

Almarai

Market Cap: ر.س43.5b

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

First Horizon

Market Cap: US$11.6b

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