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Vanguard vs Invesco: how alike they voted, 2024-2025

93.1% When both took a single position, they voted the same way on 93.1% of 45,367 items (42,255 the same, 3,112 different). 1,452 items where at least one of them split its funds are listed separately below. Both voted on 46,819 items in all.

Vanguard 2024-2025 · Invesco 2024-2025 · Download the item list (CSV)

By who put the item on the ballot. “Same position” = Same / (Same + Differ); split items are not in it. “Fund-level” is a second view over all common items: the chance that a fund of each manager, picked at random, voted the same way, which gives partial credit where a manager split.
Common itemsSame DifferSplit (not in %)Same position Fund-level
All ballot items 46,81942,2553,112 1,45293.1%92.2%
Board proposals 39,48635,6052,719 1,16292.9%92.0%
E&S shareholder proposals 2581912 6599.0%95.0%
Other items 7,0756,459391 22594.3%93.4%

Where they did not vote alike

Everything Voted differently Split votes

All ballot items Board proposals E&S shareholder proposals Other items

391 items. “Voted differently”: each manager’s funds all voted one way, and the two ways differ. “Split”: at least one manager’s funds did not all vote the same way.

CompanyMeetingProposalOn the ballot from Board recommendedVanguardInvesco
HYATT HOTELS CORP. May 21, 2025 Stockholder proposal requesting that Hyatt Hotels Corporation eliminate its multi-class share structure.
Capital Structure
Other Against FOR
17 funds
AGAINST
7 funds
HYGON INFORMATION TECHNOLOGY CO. LTD. May 21, 2025 Amend Code of Conduct for Major Shareholders
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
HYGON INFORMATION TECHNOLOGY CO. LTD. May 21, 2025 Amend Implementing Rules for Cumulative Voting System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
HYGON INFORMATION TECHNOLOGY CO. LTD. May 21, 2025 Amend Related-Party Transaction Management System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
HYGON INFORMATION TECHNOLOGY CO. LTD. May 21, 2025 Amend Rules and Procedures Regarding General Meetings of Shareholders
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
HYGON INFORMATION TECHNOLOGY CO. LTD. May 21, 2025 Approve Financial Statements and Financial Budget Report
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
HYUNDAI MOTOR CO. LTD. March 20, 2025 Amend Articles of Incorporation (Addendum)
Corporate Governance
Other For FOR
7 funds
ABSTAIN
3 funds
HYUNDAI MOTOR CO. LTD. March 20, 2025 Amend Articles of Incorporation (Business Objectives)
Corporate Governance
Other For FOR
7 funds
ABSTAIN
3 funds
HYUNDAI MOTOR CO. LTD. March 20, 2025 Amend Articles of Incorporation (Quarterly Dividend)
Corporate Governance
Other For FOR
7 funds
ABSTAIN
3 funds
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD. June 27, 2025 Approve Reviewing the Articles of Association and Matters Related to the Dissolution of the Board of Supervisors
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD. June 27, 2025 Approve Reviewing the Rules of Procedures for the Board of Directors
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
INFRASTRUTTURE WIRELESS ITALIANE SPA April 15, 2025 Approve Climate Transition Plan
Environment or Climate
Other For ABSTAIN
7 funds
FOR
1 fund
INFRASTRUTTURE WIRELESS ITALIANE SPA April 15, 2025 Fix Board Terms for Directors
Corporate Governance
Other None FOR
7 funds
AGAINST
1 fund
INTERPARFUMS April 17, 2025 Approve Auditors' Special Report on Related-Party Transactions Mentioning Ratification of One New Transaction
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
INTESA SANPAOLO SPA April 29, 2025 Slate 2 Submitted by Institutional Investors (Assogestioni)
Director Elections
Other None AGAINST
7 funds
ABSTAIN
3 funds
ISRAEL DISCOUNT BANK LTD. November 28, 2024 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
6 funds
AGAINST
2 funds
ITAUSA SA April 30, 2025 Elect Vagner Lacerda Ribeiro as Fiscal Council Member and Paulo Roberto Lopes Ricci as Alternate Appointed by Caixa de Previdencia dos Funcionarios do Banco do Brasil - PREVI
Audit-related
Other None FOR
5 funds
ABSTAIN
1 fund
ITC HOTELS LTD. March 26, 2025 Approve Material Related Party Transactions of the Company
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
JA SOLAR TECHNOLOGY CO. LTD. June 30, 2025 Amend the Information Disclosure Management System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
JA SOLAR TECHNOLOGY CO. LTD. June 30, 2025 Amend the Related Party Transaction Decision-making System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
JA SOLAR TECHNOLOGY CO. LTD. June 30, 2025 Amend the Special Storage and Use Management System for Raised Funds
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
JBS SA April 29, 2025 In Case One of the Nominees Leaves the Fiscal Council Slate Due to a Separate Minority Election, as Allowed Under Articles 161 and 240 of the Brazilian Corporate Law, May Your Votes Still Be Counted for the Proposed Slate?
Corporate Governance
Other None AGAINST
4 funds
ABSTAIN
1 fund
JBS SA April 29, 2025 In Case There is Any Change to the Board Slate Composition, May Your Votes Still be Counted for the Proposed Slate?
Corporate Governance
Other None AGAINST
4 funds
ABSTAIN
1 fund
JBS SA May 23, 2025 Authorize Board to Ratify and Execute Approved Resolutions
Corporate Governance
Other For AGAINST
4 funds
FOR
1 fund
JERONIMO MARTINS SGPS SA April 24, 2025 Appraise Management and Supervision of Company and Approve Vote of Confidence to Corporate Bodies
Corporate Governance
Other None FOR
7 funds
ABSTAIN
2 funds
JERONIMO MARTINS SGPS SA April 24, 2025 Elect Corporate Bodies for 2025-2027 Term
Director Elections
Other None FOR
7 funds
ABSTAIN
2 funds
JERONIMO MARTINS SGPS SA April 24, 2025 Elect Remuneration Committee for 2025-2027 Term
Corporate Governance
Other None FOR
7 funds
ABSTAIN
2 funds
JINDAL STAINLESS LTD. March 20, 2025 Approve Material Related Party Transactions with JSL Global Commodities Pte. Ltd. for the Financial Year 2025-26
Corporate Governance
Other For AGAINST
4 funds
FOR
1 fund
JINDAL STAINLESS LTD. March 20, 2025 Approve Material Related Party Transactions with Prime Stainless, DMCC for the Financial Year 2025-26
Corporate Governance
Other For AGAINST
4 funds
FOR
1 fund
JOHN B. SANFILIPPO & SON INC. October 30, 2024 Amend the Company's Restated Certificate of Incorporation to limit the liability of officers as permitted by law.
Director Elections
Other For FOR
16 funds
AGAINST
3 funds
KANSAI ELECTRIC POWER CO. INC. June 26, 2025 Amend Articles to Require Individual Compensation Disclosure for Executive Officers
Compensation
Other Against AGAINST
6 funds
FOR
1 fund
KAO CORP. March 21, 2025 Appoint Shareholder Director Nominee Lanchi Venator
Director Elections
Other Against AGAINST
7 funds
FOR
5 funds
KAO CORP. March 21, 2025 Appoint Shareholder Director Nominee Martha Velando
Director Elections
Other Against AGAINST
7 funds
FOR
5 funds
KAO CORP. March 21, 2025 Appoint Shareholder Director Nominee Yannis Skoufalos
Director Elections
Other Against AGAINST
7 funds
FOR
5 funds
KAO CORP. March 21, 2025 Approve Compensation Ceiling for Outside Directors
Compensation
Other Against AGAINST
7 funds
FOR
5 funds
KAO CORP. March 21, 2025 Approve Performance Share Plan and Restricted Stock Plan
Compensation
Other Against AGAINST
7 funds
FOR
5 funds
KAO CORP. March 21, 2025 Approve Restricted Stock Plan for Outside Directors
Compensation
Other Against AGAINST
7 funds
FOR
5 funds
KGHM POLSKA MIEDZ SA June 18, 2025 Amend Jun. 7, 2019, AGM, Resolution Re: Terms of Remuneration of Management Board Members
Compensation
Other None AGAINST
5 funds
ABSTAIN
1 fund
KGHM POLSKA MIEDZ SA June 18, 2025 Amend Jun. 7, 2019, AGM, Resolution Re: Terms of Remuneration of Supervisory Board Members
Compensation
Other None AGAINST
5 funds
ABSTAIN
1 fund
KGHM POLSKA MIEDZ SA June 18, 2025 Amend Statute
Corporate Governance
Other None FOR
5 funds
ABSTAIN
1 fund
KGHM POLSKA MIEDZ SA June 18, 2025 Amend Statute Re: General Meeting
Corporate Governance
Other None FOR
5 funds
ABSTAIN
1 fund
KGHM POLSKA MIEDZ SA June 18, 2025 Amend Statute Re: Management and Supervisory Boards
Corporate Governance
Other None FOR
5 funds
ABSTAIN
1 fund
KOREA ZINC CO. LTD. January 23, 2025 Amend Articles of Incorporation (Introduction of Cumulative Voting) (Shareholder Proposal)
Corporate Governance
Other For FOR
7 funds
AGAINST
2 funds
KOREA ZINC CO. LTD. January 23, 2025 Amend Articles of Incorporation (Introduction of Executive Officer System) (Shareholder Proposal)
Corporate Governance
Other For FOR
7 funds
AGAINST
2 funds
KUSURI NO AOKI HOLDINGS CO. LTD. August 16, 2024 Remove Incumbent Director Aoki, Hironori
Director Elections
Other Against AGAINST
5 funds
FOR
1 fund
KUSURI NO AOKI HOLDINGS CO. LTD. August 16, 2024 Remove Incumbent Director Aoki, Takanori
Director Elections
Other Against AGAINST
5 funds
FOR
1 fund
KUSURI NO AOKI HOLDINGS CO. LTD. August 16, 2024 Remove Incumbent Director Yahata, Ryoichi
Director Elections
Other Against AGAINST
5 funds
FOR
1 fund
LARSEN & TOUBRO LTD. March 10, 2025 Approve Material Related Party Transactions with L&T-MHI Power Turbine Generators Private Limited
Corporate Governance
Other For AGAINST
4 funds
FOR
2 funds
LG DISPLAY CO. LTD. March 20, 2025 Amend Articles of Incorporation (Stock)
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
LG ELECTRONICS INC. March 25, 2025 Amend Articles of Incorporation
Corporate Governance
Other For FOR
6 funds
ABSTAIN
1 fund
LINCOLN NATIONAL CORP. May 22, 2025 Shareholder proposal to amend our governing documents to provide for an independent chairman of the board.
Corporate Governance
Other Against AGAINST
19 funds
FOR
5 funds
LITE-ON TECHNOLOGY CORP. May 20, 2025 Approve Amendments to Procedures Governing the Acquisition or Disposal of Assets
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
LIVEPERSON INC. November 25, 2024 Approval of the Company's Tax benefit Preservation Plan so that it may remain in effect through January 21, 2027 unless earlier terminated by the Company's Board of Directors.
Shareholder Rights and Defenses
Other Contested FOR
5 funds
AGAINST
1 fund
LL FLOORING HOLDINGS INC. July 10, 2024 A proposal submitted by Donovan S. Royal, a stockholder of the Company, with respect to enabling stockholders to call special meetings of stockholders as set forth in the proxy statement.
Corporate Governance
Other Contested FOR
3 funds
AGAINST
1 fund
LL FLOORING HOLDINGS INC. July 10, 2024 THOMAS SULLIVAN NOMINEES: NOMINEE OPPOSED BY THE COMPANY: John Jason Delves
Director Elections
Other Contested FOR
3 funds
WITHHOLD
1 fund
LLOYDS METALS & ENERGY LTD. June 2, 2025 Approve Material Related Party Transactions with Lloyds Engineering Works Limited (Formerly Known As Lloyds Steel Industries Limited)
Corporate Governance
Other For AGAINST
4 funds
FOR
1 fund
LLOYDS METALS & ENERGY LTD. June 2, 2025 Approve Material Related Party Transactions with Lloyds Infrastructure & Construction Limited
Corporate Governance
Other For AGAINST
4 funds
FOR
1 fund
LLOYDS METALS & ENERGY LTD. June 2, 2025 Approve Material Related Party Transactions with Mandovi River Pellets Private Limited
Corporate Governance
Other For AGAINST
4 funds
FOR
1 fund
LLOYDS METALS & ENERGY LTD. June 2, 2025 Approve Material Related Party Transactions with Thriveni Earthmovers Private Limited
Corporate Governance
Other For AGAINST
4 funds
FOR
1 fund
LLOYDS METALS & ENERGY LTD. June 2, 2025 Approve Material Related Party Transactions with Thriveni Earthmovers and Infra Private Limited
Corporate Governance
Other For AGAINST
4 funds
FOR
1 fund
LONGI GREEN ENERGY TECHNOLOGY CO. LTD. June 30, 2025 Amend Entrusted Financial Management System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
LONGI GREEN ENERGY TECHNOLOGY CO. LTD. June 30, 2025 Amend External Guarantee System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
LONGI GREEN ENERGY TECHNOLOGY CO. LTD. June 30, 2025 Amend Management System for Providing External Investments
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
LONGI GREEN ENERGY TECHNOLOGY CO. LTD. June 30, 2025 Amend Related Transaction System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
LONGI GREEN ENERGY TECHNOLOGY CO. LTD. June 30, 2025 Amend Rules and Procedures Regarding General Meetings of Shareholders
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
LONGI GREEN ENERGY TECHNOLOGY CO. LTD. June 30, 2025 Amend Securities Investment and Derivatives Trading Management System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
LONGI GREEN ENERGY TECHNOLOGY CO. LTD. June 30, 2025 Amend Special Management System for Raised Funds
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
LPP SA July 12, 2024 Approve Discharge of Jagoda Piechocka (Supervisory Board Member)
Corporate Governance
Other For FOR
7 funds
AGAINST
1 fund
LPP SA July 12, 2024 Approve Discharge of Piotr Piechocki (Supervisory Board Member)
Corporate Governance
Other For FOR
7 funds
AGAINST
1 fund
LVMH MOET HENNESSY LOUIS VUITTON SE April 17, 2025 Amend Articles of Bylaws to Incorporate Legal Changes
Corporate Governance
Other For FOR
6 funds
AGAINST
12 funds
MASIMO CORP. September 19, 2024 Politan Group proposal to repeal any provision of, or amendment to, the Company's bylaws adopted by the Board without stockholder approval subsequent to April 20, 2023 and up to and including the date of the Annual Meeting.
Corporate Governance
Other Contested FOR
18 funds
AGAINST
1 fund
MCKESSON CORP. July 31, 2024 Shareholder Proposal on Independent Board Chairman
Corporate Governance
Other Against AGAINST
29 funds
FOR
24 funds
MICROSTRATEGY INC. January 21, 2025 To approve one or more proposals to adjourn the Special Meeting if necessary to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve Proposal 1, Proposal 2, and/or Proposal 3 ("Proposal 4").
Corporate Governance
Other For AGAINST
23 funds
FOR
4 funds
MIZRAHI TEFAHOT BANK LTD. August 27, 2024 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
6 funds
AGAINST
2 funds
MIZRAHI TEFAHOT BANK LTD. March 3, 2025 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
6 funds
AGAINST
2 funds
NAN YA PLASTICS CORP. June 12, 2025 Elect WILFRED WANG, a Representative of FORMOSA PETROCHEMICAL CORP. with Shareholder No. 0260221, as Non-Independent Director
Director Elections
Other For AGAINST
5 funds
FOR
1 fund
NATIONAL BANK OF KUWAIT (S.A.K.P.) March 15, 2025 AUTHORIZE THE COMPANY TO DEAL WITH SUBSIDIARIES, AFFILIATES AND OTHER RELATED PARTIES DURING FY 2025
Extraordinary Transactions
Other For AGAINST
4 funds
FOR
1 fund
NEWMARK GROUP INC. October 17, 2024 Approval of the amendment and restatement of the Company's Amended and Restated Certificate of Incorporation to provide for officer exculpation to the extent permitted under Delaware law.
Director Elections
Other For FOR
23 funds
AGAINST
2 funds
NEXI SPA April 30, 2025 Appoint Chairman of Internal Statutory Auditors
Audit-related
Other None FOR
6 funds
ABSTAIN
1 fund
NEXI SPA April 30, 2025 Slate 1 Submitted by Institutional Investors (Assogestioni)
Director Elections
Other None FOR
6 funds
ABSTAIN
1 fund
NEXI SPA April 30, 2025 Slate 2 Submitted by CDP Equity SpA, CDPE Investimenti SpA, Mercury UK Holdco Limited, AB Europe (Luxembourg) Investment Sarl, Eagle (AIBC) & CY SCA, Evergood H&F Lux Sarl, Neptune (BC) Sarl
Director Elections
Other None AGAINST
6 funds
ABSTAIN
1 fund
NICE LTD. (ISRAEL) July 3, 2024 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
5 funds
AGAINST
2 funds
NIPPON TELEGRAPH & TELEPHONE CORP. June 19, 2025 Amend Articles to Ensure Equal Treatment of Management Proposals and Shareholder Proposals in Shareholder Meeting Materials
Corporate Governance
Other Against AGAINST
8 funds
FOR
4 funds
NIPPON TELEGRAPH & TELEPHONE CORP. June 19, 2025 Amend Articles to Relax Limit of Number of Characters in Shareholder Proposal Justification Statements
Corporate Governance
Other Against AGAINST
8 funds
FOR
4 funds
PEOPLE'S INSURANCE COMPANY (GROUP) OF CHINA LTD. June 27, 2025 Amend Articles of Association
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
PEOPLE'S INSURANCE COMPANY (GROUP) OF CHINA LTD. June 27, 2025 Amend Procedural Rules for the Shareholders' General Meeting
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
PETROLEO BRASILEIRO SA April 16, 2025 Elect Reginaldo Ferreira Alexandre as Fiscal Council Member and Vasco de Freitas Barcellos Neto as Alternate Appointed by Preferred Shareholder
Audit-related
Other None FOR
5 funds
ABSTAIN
1 fund
PHILLIPS 66 May 21, 2025 Elliott's proposal to approve, on an advisory basis, a resolution requesting that the Board of Directors adopt a policy to implement the annual election of all directors.
Shareholder Rights and Defenses
Other Contested FOR
1 fund
AGAINST
3 funds
PICC PROPERTY AND CASUALTY COMPANY LTD. June 27, 2025 Approve Amendments to Articles of Association and Related Transactions
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
PKO BANK POLSKI SA June 13, 2025 Amend Mar. 13, 2017, EGM, Resolution Re: Remuneration Policy for Management Board Members
Compensation
Other None AGAINST
7 funds
ABSTAIN
1 fund
PKO BANK POLSKI SA June 13, 2025 Amend Mar. 13, 2017, EGM, Resolution Re: Remuneration Policy for Supervisory Board Members
Compensation
Other None AGAINST
7 funds
ABSTAIN
1 fund
PKO BANK POLSKI SA June 13, 2025 Approve Discharge of Artur Kurcweil (Deputy CEO)
Corporate Governance
Other Against ABSTAIN
7 funds
FOR
1 fund
PKO BANK POLSKI SA June 13, 2025 Approve Discharge of Dariusz Szwed (CEO)
Corporate Governance
Other Against ABSTAIN
7 funds
FOR
1 fund
PKO BANK POLSKI SA June 13, 2025 Approve Discharge of Maciej Brzozowski (Deputy CEO)
Corporate Governance
Other Against ABSTAIN
7 funds
FOR
1 fund
PKO BANK POLSKI SA June 13, 2025 Approve Discharge of Marcin Eckert (Deputy CEO)
Corporate Governance
Other Against ABSTAIN
7 funds
FOR
1 fund
PKO BANK POLSKI SA June 13, 2025 Approve Discharge of Pawel Gruza (Deputy CEO)
Corporate Governance
Other Against ABSTAIN
7 funds
FOR
1 fund
PKO BANK POLSKI SA June 13, 2025 Approve Discharge of Wojciech Iwanicki (Deputy CEO)
Corporate Governance
Other Against ABSTAIN
7 funds
FOR
1 fund
POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA December 9, 2024 Amend Statute Re: Supervisory Board
Corporate Governance
Other For FOR
7 funds
AGAINST
2 funds
POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA December 9, 2024 Recall Supervisory Board Member
Director Elections
Other None AGAINST
7 funds
ABSTAIN
2 funds
POWSZECHNY ZAKLAD UBEZPIECZEN SA July 18, 2024 APPROVE DISCHARGE OF AGATA GORNICKA (SUPERVISORY BOARD SECRETARY AND MEMBER)
Director Elections
Other For ABSTAIN
5 funds
FOR
2 funds

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How items are matched and positions counted: see the comparison table and the methodology. Built October 18, 2026 from SEC Form N-PX filings.