Venezuelan Software Defensive Blue Chips

W. R. Berkley

Market Cap: US$27.0b

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

CGN Power

Market Cap: HK$210.6b

Operates and manages nuclear power stations, sells electricity generated by these stations, and provides related technical services in the People’s Republic of China.

Constellation Brands

Market Cap: US$26.9b

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

National Bank of KuwaitK.P

Market Cap: د.ك8.2b

Provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Citizens Financial Group

Market Cap: US$26.8b

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.

United Microelectronics

Market Cap: NT$823.3b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ96.2b

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

American Water Works Company

Market Cap: US$26.2b

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

Markel Group

Market Cap: US$26.2b

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

Telefônica Brasil

Market Cap: R$134.4b

Operates as a mobile telecommunications company in Brazil.

Snam

Market Cap: €21.9b

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

China National Nuclear Power

Market Cap: CN¥175.4b

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

EnBW Energie Baden-Württemberg

Market Cap: €21.7b

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

Cincinnati Financial

Market Cap: US$25.5b

Provides property casualty insurance products in the United States.

Dollar Tree

Market Cap: US$25.4b

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

Huaneng Lancang River Hydropower

Market Cap: CN¥172.7b

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

Qnity Electronics

Market Cap: US$25.1b

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.

Casey's General Stores

Market Cap: US$25.0b

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

Regions Financial

Market Cap: US$25.0b

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

Banco Santander (Brasil)

Market Cap: R$128.4b

Provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally.

China Tower

Market Cap: HK$195.1b

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

Public Bank Berhad

Market Cap: RM 96.6b

Provides banking products and services.

STERIS

Market Cap: US$24.7b

Provides infection prevention products and services worldwide.

Telenor

Market Cap: NOK 235.2b

Operates as a telecommunication company worldwide.

China Minsheng Banking

Market Cap: CN¥167.5b

Provides banking products and services in the People's Republic of China.

Sumitomo Mitsui Trust Group

Market Cap: JP¥3.8t

Operates as a trust bank in Japan and internationally.

Hua Hong Semiconductor

Market Cap: HK$189.9b

An investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, Europe, and Japan.

Telefónica

Market Cap: €20.6b

Provides telecommunications services in Europe and Latin America.

VERBUND

Market Cap: €20.5b

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.

Banco de Crédito del Perú

Market Cap: S/81.0b

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

Cellnex Telecom

Market Cap: €20.4b

Engages in the management of terrestrial telecommunications infrastructures in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥164.6b

Inner Mongolia Yili Industrial Group Co., Ltd.

Sigma Healthcare

Market Cap: AU$33.8b

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

Terna

Market Cap: €20.3b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

Luzhou LaojiaoLtd

Market Cap: CN¥163.4b

Produces and sells alcoholic products in China and internationally.

Brown & Brown

Market Cap: US$23.8b

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