Turkish Software Defensive Blue Chips

Piraeus Bank

Market Cap: €10.5b

Provides various banking products and services in Greece.

Fresenius Medical Care

Market Cap: €10.5b

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

Ooredoo Q.P.S.C

Market Cap: ر.ق45.5b

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

Ryan Specialty Holdings

Market Cap: US$12.5b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, and Singapore.

mBank

Market Cap: zł44.1b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

Suzhou Maxwell Technologies

Market Cap: CN¥86.4b

Engages in the design, research and development, production, and sale of solar cell production equipment in China.

Saputo

Market Cap: CA$16.7b

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

CP ALL

Market Cap: ฿387.7b

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

Phoenix Financial

Market Cap: ₪38.3b

Provides multi-line insurance products in Israel.

Cochlear

Market Cap: AU$17.6b

Provides implantable hearing solutions for children and adults worldwide.

China Jushi

Market Cap: CN¥85.5b

Engages in the manufacture and sale of fiberglass and related products in China and internationally.

Industrial Bank of Korea

Market Cap: ₩17.7t

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

Guangdong Haid Group

Market Cap: CN¥85.4b

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

BDO Unibank

Market Cap: ₱720.2b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Tata Consumer Products

Market Cap: ₹1.1t

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

Italgas

Market Cap: €10.3b

Engages in the distribution of natural gas in Italy, Greece, and Other European Union countries.

China Resources Microelectronics

Market Cap: CN¥84.7b

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

Mowi

Market Cap: NOK 116.7b

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

Arab National Bank

Market Cap: ر.س45.6b

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.

Severn Trent

Market Cap: UK£8.8b

Provides water and wastewater services in the United Kingdom.

SCREEN Holdings

Market Cap: JP¥1.9t

Develops, manufactures, and markets semiconductor production equipment in Japan, Taiwan, South Korea, China, the United States, Europe, and internationally.

Globus Medical

Market Cap: US$12.1b

A medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

Technoprobe

Market Cap: €10.1b

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

T&D Holdings

Market Cap: JP¥1.8t

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

Jiangsu Yanghe Distillery

Market Cap: CN¥83.3b

Offers liquors and wines.

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

Assurant

Market Cap: US$11.9b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

SinoPac Financial Holdings

Market Cap: NT$375.2b

Through its subsidiaries, provides banking, securities, investment, leasing, and venture capital services worldwide.

Banque Saudi Fransi

Market Cap: ر.س44.7b

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

Shanghai Rural Commercial Bank

Market Cap: CN¥82.8b

Engages in commercial banking business in China.

Comerica

Market Cap: US$11.9b

Provides financial services in the United States, Canada, and Mexico.

GD Power DevelopmentLtd

Market Cap: CN¥82.6b

Operates as a power generation company in China.

Centrica

Market Cap: UK£8.6b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

First Horizon

Market Cap: US$11.8b

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

BJ's Wholesale Club Holdings

Market Cap: US$11.8b

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

China Taiping Insurance Holdings

Market Cap: HK$92.1b

An investment holding company, underwrites various insurance and reinsurance products in the People’s Republic of China, Hong Kong, Macau, Singapore, and internationally.