Turkish Software Defensive Blue Chips

Bank of Jiangsu

Market Cap: CN¥200.9b

Provides various banking products and services in China.

Sampo Oyj

Market Cap: €25.0b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

ABN AMRO Bank

Market Cap: €24.9b

Provides various banking products and financial services to retail, private, and corporate banking clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Credo Technology Group Holding

Market Cap: US$29.4b

Provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥200.2b

Advanced Micro-Fabrication Equipment Inc.

Fresenius SE KGaA

Market Cap: €24.8b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

Astera Labs

Market Cap: US$29.2b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

Svenska Handelsbanken

Market Cap: SEK 266.7b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Seven & i Holdings

Market Cap: JP¥4.6t

Operates convenience stores, superstores, and department stores in Japan, North America, and internationally.

BPER Banca

Market Cap: €24.3b

Engages in the provision of banking products and services for individuals, and businesses and professionals in Italy and internationally.

GigaDevice Semiconductor

Market Cap: CN¥194.6b

Engages in the research, development, technical support, and sale of memory, microcontrollers, sensors, and analog chips.

Constellation Brands

Market Cap: US$28.5b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.

China Unicom (Hong Kong)

Market Cap: HK$223.4b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥193.9b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Credicorp

Market Cap: US$28.4b

Provides various banking services and products in Peru, Bermuda, Colombia, Bolivia, Panama, Chile, the United States, the Cayman Islands, and Mexico.

ON Semiconductor

Market Cap: US$28.3b

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

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ104.1b

Provides banking products and services in the United Arab Emirates and internationally.

Ajinomoto

Market Cap: JP¥4.5t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

BNP Paribas Fortis

Market Cap: €23.7b

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

Banco do Brasil

Market Cap: R$139.3b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

Qnity Electronics

Market Cap: US$27.8b

Provides materials and solutions to the semiconductor and electronics industries in the United States, rest of Americas, Europe, the Middle East, Africa, Asia Pacific, China, South Korea, Taiwan, and internationally.

Gulf Development

Market Cap: ฿888.9b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

Koninklijke Philips

Market Cap: €23.5b

Operates as a health technology company in North America, the Greater China, and internationally.

Helvetia Baloise Holding

Market Cap: CHF 21.6b

Engages in life and non-life insurance, and reinsurance business in Switzerland, Germany, Austria, Spain, Italy, France, and internationally.

Citizens Financial Group

Market Cap: US$27.6b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

Casey's General Stores

Market Cap: US$27.4b

Operates convenience stores under the Casey's and Casey’s General Store names in the United States.

Resona Holdings

Market Cap: JP¥4.3t

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

Willis Towers Watson

Market Cap: US$27.2b

Operates as an advisory, broking, and solutions company worldwide.

GLOBALFOUNDRIES

Market Cap: US$26.9b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies in the United States, Europe, the Middle East, Africa, and internationally.

China Everbright Bank

Market Cap: CN¥183.5b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Telefônica Brasil

Market Cap: R$133.5b

Operates as a mobile telecommunications company in Brazil.

George Weston

Market Cap: CA$36.4b

Provides food and drug retailing, and financial services in Canada.

EnBW Energie Baden-Württemberg

Market Cap: €22.4b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

China National Nuclear Power

Market Cap: CN¥180.4b

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

Snam

Market Cap: €22.4b

Engages in the operation of natural gas transport and storage infrastructure.

Montage Technology

Market Cap: CN¥180.2b

An integrated circuit (IC) design company, provides IC-based solutions for cloud computing and AI infrastructure in the People’s Republic of China.