South African Software Defensive Blue Chips

Enel

Market Cap: €93.4b

Operates as an integrated operator in electricity and gas industries worldwide.

Comcast

Market Cap: US$108.4b

Operates as a media and technology company worldwide.

Mizuho Financial Group

Market Cap: JP¥16.8t

Engages in banking, trust banking, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally.

ICICI Bank

Market Cap: ₹9.5t

Engages in the provision of various banking and financial services to retail and corporate customers in India and internationally.

Altria Group

Market Cap: US$104.1b

Through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States.

McKesson

Market Cap: US$102.6b

Provides healthcare services in the United States and internationally.

State Bank of India

Market Cap: ₹9.4t

Provides banking products and services in India and internationally.

Constellation Energy

Market Cap: US$101.7b

Produces and sells energy products and services in the United States.

Zurich Insurance Group

Market Cap: CHF 78.1b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

Bank of Montreal

Market Cap: CA$132.1b

Engages in the provision of diversified financial services primarily in North America.

NFiniTi

Market Cap: US$95.5b

Operates as an alcoholic beverage company that specializes in producing ready-to-drink cocktails across the Western Hemisphere.

CVS Health

Market Cap: US$94.6b

Provides health solutions in the United States.

Semiconductor Manufacturing International

Market Cap: HK$728.7b

An investment holding company, engages in the manufacture, testing, and sale of integrated circuits wafer and various compound semiconductors in the United States, China, and Eurasia.

CaixaBank

Market Cap: €78.2b

Provides various banking products and services for individuals and businesses in Spain, Portugal, and internationally.

National Australia Bank

Market Cap: AU$132.7b

Provides financial services to individuals and businesses in Australia, New Zealand, Europe, Asia, the United States, and internationally.

Bank of Nova Scotia

Market Cap: CA$125.8b

Provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally.

Westpac Banking

Market Cap: AU$132.6b

Provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe.

AXA

Market Cap: €77.0b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

Marsh & McLennan Companies

Market Cap: US$91.3b

A professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide.

Barclays

Market Cap: UK£66.7b

Provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia.

MediaTek

Market Cap: NT$2.8t

Engages in the research, development, production, manufacture, and marketing of multimedia integrated circuits (ICs) in Taiwan, rest of Asia, and internationally.

Hygon Information Technology

Market Cap: CN¥613.5b

Engages in the research and development of computing chip products and systems in China.

Abu Dhabi National Energy Company PJSC

Market Cap: د.إ322.7b

Operates as an integrated utility company in the United Arab Emirates, North America, Europe, Africa, and internationally.

Lloyds Banking Group

Market Cap: UK£64.0b

Provides a range of banking and financial products and services in the United Kingdom and internationally.

U.S. Bancorp

Market Cap: US$87.2b

A financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States.

PNC Financial Services Group

Market Cap: US$87.2b

Operates as a diversified financial services company in the United States.

Nu Holdings

Market Cap: US$86.0b

Provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States.

Postal Savings Bank of China

Market Cap: HK$671.1b

Provides various banking products and services for retail and corporate customers in the People’s Republic of China.

Canadian Imperial Bank of Commerce

Market Cap: CA$116.5b

A diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally.

ING Groep

Market Cap: €71.9b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

National Grid

Market Cap: UK£61.3b

Engages in the transmission and distribution of electricity and gas.

CRH

Market Cap: US$82.0b

Provides building materials solutions in Ireland, the United States, the United Kingdom, rest of Europe, and internationally.

Bank of Communications

Market Cap: HK$632.1b

Provides commercial banking products and services in China and internationally.

Monster Beverage

Market Cap: US$78.9b

Through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €65.4b

Engages in the insurance and reinsurance businesses worldwide.

ANZ Group Holdings

Market Cap: AU$110.5b

Engages in the provision of banking and financial products and services to retail and business customers in Australia and internationally.