Turkish Software Defensive Blue Chips

Power Grid Corporation of India

Market Cap: ₹2.4t

An electric power transmission utility, engages in the power transmission business in India and internationally.

Woolworths Group

Market Cap: AU$37.1b

Operates retail stores in Australia and New Zealand.

Bank of Jiangsu

Market Cap: CN¥179.8b

Provides various banking products and services in China.

Resona Holdings

Market Cap: JP¥4.0t

Through its subsidiaries, engages in the provision retail and commercial banking products and services in Japan and internationally.

STERIS

Market Cap: US$25.8b

Provides infection prevention products and services worldwide.

BNP Paribas Fortis

Market Cap: €21.6b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

China Tower

Market Cap: HK$200.3b

Provides telecommunication tower infrastructure services in the People's Republic of China.

VERBUND

Market Cap: €21.5b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

BT Group

Market Cap: UK£18.6b

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

Bank Mandiri (Persero)

Market Cap: Rp425.6t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

China National Nuclear Power

Market Cap: CN¥177.3b

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

American Water Works Company

Market Cap: US$25.5b

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

Markel Group

Market Cap: US$25.4b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

W. R. Berkley

Market Cap: US$25.4b

An insurance holding company, operates as a commercial line writer worldwide.

First Solar

Market Cap: US$25.2b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

ON Semiconductor

Market Cap: US$25.2b

Provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س93.8b

Provides private health and ancillary services.

Humana

Market Cap: US$25.0b

Provides medical and specialty insurance products in the United States.

Sigma Healthcare

Market Cap: AU$35.5b

Operates as a retail pharmacy franchisor and pharmaceutical wholesale and distributor to community pharmacies primarily in Australia.

Brown & Brown

Market Cap: US$24.9b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally.

Federal Home Loan Mortgage

Market Cap: US$24.7b

Operates in the secondary mortgage market in the United States.

Cincinnati Financial

Market Cap: US$24.6b

Provides property casualty insurance products in the United States.

Public Bank Berhad

Market Cap: RM 95.6b

Provides banking products and services.

Dollar Tree

Market Cap: US$24.2b

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

Regions Financial

Market Cap: US$24.2b

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

CLP Holdings

Market Cap: HK$188.3b

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

Samsung Life Insurance

Market Cap: ₩34.5t

Engages in the life insurance business to corporate and individual customers in South Korea and internationally.

Banco de Crédito del Perú

Market Cap: S/80.7b

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

Huaneng Lancang River Hydropower

Market Cap: CN¥167.1b

Engages in the development, construction, operation, and management of hydropower and new energy power generation projects.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ88.0b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Luzhou LaojiaoLtd

Market Cap: CN¥166.2b

Produces and sells alcoholic products in China and internationally.

First Citizens BancShares

Market Cap: US$23.8b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

CIMB Group Holdings Berhad

Market Cap: RM 93.4b

Provides various banking products and services in Malaysia and internationally.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥164.8b

Inner Mongolia Yili Industrial Group Co., Ltd.

KeyCorp

Market Cap: US$23.7b

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

AIB Group

Market Cap: €19.8b

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