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Vanguard vs Northern Trust: how alike they voted, 2024-2025

93.7% When both took a single position, they voted the same way on 93.7% of 91,905 items (86,137 the same, 5,768 different). 3,092 items where at least one of them split its funds are listed separately below. Both voted on 94,997 items in all.

Vanguard 2024-2025 · Northern Trust 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 94,99786,1375,768 3,09293.7%92.7%
Board proposals 74,08766,3905,096 2,60192.9%91.8%
E&S shareholder proposals 2589437 12771.8%60.7%
Other items 20,65219,653635 36496.9%96.2%

Where they did not vote alike

Everything Voted differently Split votes

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

999 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 recommendedVanguardNorthern Trust
FRESENIUS SE & CO. KGAA May 23, 2025 Approve Virtual-Only Shareholder Meetings Until 2027
Corporate Governance
Other For FOR
6 funds
Split
1 FOR, 5 AGAINST
GARMIN LTD June 6, 2025 Advisory vote on the Swiss Statutory Non-Financial Matters Report
Other Social Issues
Other For Split
27 FOR, 1 AGAINST
FOR
3 funds
GE AEROSPACE May 6, 2025 Shareholder Proposal Requesting Vote on Severance Payments
Corporate Governance
Other Against Split
1 FOR, 24 AGAINST
AGAINST
5 funds
GE HEALTHCARE TECHNOLOGIES INC. May 28, 2025 Stockholder proposal regarding stockholder ratification of certain termination pay arrangements, if properly presented.
Compensation
Other Against AGAINST
25 funds
Split
5 FOR, 3 AGAINST
GERRESHEIMER AG June 5, 2025 APPROVE VIRTUAL-ONLY SHAREHOLDER MEETINGS UNTIL 2027
Corporate Governance
Other For FOR
6 funds
Split
1 FOR, 1 AGAINST
GILEAD SCIENCES INC. May 7, 2025 To vote on a stockholder proposal requesting an independent Board Chair policy, if properly presented at the Annual Meeting.
Corporate Governance
Other Against Split
5 FOR, 27 AGAINST
Split
5 FOR, 8 AGAINST
GLOBALSTAR INC. May 20, 2025 Approve the amendment to our Certificate of Incorporation to provide for officer exculpation.
Director Elections
Other For Split
13 FOR, 1 AGAINST
AGAINST
3 funds
HAIER SMART HOME CO. LTD. May 28, 2025 Elect Yu Hon To, David as Director
Director Elections
Other For Split
6 FOR, 1 AGAINST
AGAINST
2 funds
HARTFORD INSURANCE GROUP INC. May 21, 2025 Shareholder proposal that the Company adopt special meeting rights for shareholders
Corporate Governance
Other Against Split
3 FOR, 31 AGAINST
Split
4 FOR, 2 AGAINST
HCA HEALTHCARE INC. April 24, 2025 Stockholder proposal, if properly presented at the meeting, regarding lavish golden parachutes.
Compensation
Other Against Split
2 FOR, 28 AGAINST
FOR
6 funds
HEIDELBERG MATERIALS AG May 15, 2025 Approve Virtual-Only Shareholder Meetings Until 2027
Corporate Governance
Other For FOR
5 funds
Split
1 FOR, 4 AGAINST
HENKEL AG & CO. KGAA April 28, 2025 APPROVE DISCHARGE OF SHAREHOLDERS' COMMITTEE FOR FISCAL YEAR 2024
Director Elections
Other For Split
6 FOR, 1 AGAINST
Split
2 FOR, 1 AGAINST
HENKEL AG & CO. KGAA April 28, 2025 APPROVE DISCHARGE OF SUPERVISORY BOARD FOR FISCAL YEAR 2024
Director Elections
Other For Split
6 FOR, 1 AGAINST
Split
2 FOR, 1 AGAINST
HENKEL AG & CO. KGAA April 28, 2025 APPROVE VIRTUAL-ONLY SHAREHOLDER MEETINGS UNTIL 2027
Corporate Governance
Other For FOR
7 funds
Split
1 FOR, 2 AGAINST
HERMES INTERNATIONAL SCA April 30, 2025 Approve Auditors' Special Report on Related-Party Transactions
Corporate Governance
Other For AGAINST
6 funds
Split
3 FOR, 3 AGAINST
HOLOGIC INC. February 26, 2025 Advisory approval of a stockholder proposal to replace the supermajority voting provisions in our charter and bylaws with a simple majority voting standard.
Corporate Governance
Other None Split
2 FOR, 24 AGAINST
FOR
8 funds
HOME DEPOT INC. May 22, 2025 Shareholder Proposal Regarding Independent Board Chair
Corporate Governance
Other Against Split
6 FOR, 30 AGAINST
Split
4 FOR, 7 AGAINST
HONEYWELL INTERNATIONAL INC. May 20, 2025 Shareowner Proposal - Independent Board Chairman.
Corporate Governance
Other Against Split
6 FOR, 22 AGAINST
AGAINST
2 funds
HSBC HOLDINGS PLC May 2, 2025 Authorise UK Political Donations and Expenditure
Other Social Issues
Other For Split
8 FOR, 1 AGAINST
FOR
10 funds
HSBC HOLDINGS PLC May 2, 2025 Authorise the Company to Call General Meeting with Two Weeks' Notice
Corporate Governance
Other For Split
8 FOR, 1 AGAINST
FOR
10 funds
HUBSPOT INC. June 4, 2025 A stockholder proposal to change to a simple majority standard in connection with each voting requirement in the Company's certificate of incorporation and bylaws.
Shareholder Rights and Defenses
Other Against Split
21 AGAINST, 2 ABSTAIN
FOR
4 funds
IA FINANCIAL CORPORATION INC. May 8, 2025 SP 1: Advisory Vote on Environmental Policies
Environment or Climate
Other Against AGAINST
5 funds
Split
1 FOR, 1 AGAINST
IA FINANCIAL CORPORATION INC. May 8, 2025 SP 2: Account for Environmental and Climate Change Expertise in Directors' Skills Matrix
Corporate Governance
Other Against AGAINST
5 funds
Split
1 FOR, 1 AGAINST
IDEXX LABORATORIES INC. May 7, 2025 Amend Certificate of Incorporation to Reflect New Delaware Law Provisions Allowing for Officer Exculpation (Proposal Five).
Director Elections
Other For Split
23 FOR, 1 AGAINST
FOR
5 funds
ILLINOIS TOOL WORKS INC. May 2, 2025 A non-binding stockholder proposal, if properly presented at the meeting, for stockholder ratification of termination pay.
Compensation
Other Against Split
1 FOR, 24 AGAINST
FOR
9 funds
IMI PLC May 8, 2025 Authorise UK Political Donations and Expenditure
Other Social Issues
Other For Split
5 FOR, 1 AGAINST
FOR
2 funds
IMI PLC May 8, 2025 Authorise the Company to Call General Meeting with Two Weeks' Notice
Corporate Governance
Other For Split
5 FOR, 1 AGAINST
FOR
2 funds
IMPERIAL OIL LTD. May 8, 2025 Amend By-Law No. 1
Corporate Governance
Other For FOR
5 funds
Split
4 FOR, 1 AGAINST
INFINEON TECHNOLOGIES AG February 20, 2025 Approve Virtual-Only Shareholder Meetings Until 2027
Corporate Governance
Other For FOR
7 funds
Split
2 FOR, 3 AGAINST
INFRASTRUTTURE WIRELESS ITALIANE SPA April 15, 2025 Approve Climate Transition Plan
Environment or Climate
Other For ABSTAIN
7 funds
Split
4 FOR, 2 AGAINST
INTEL CORP. May 6, 2025 Stockholder proposal requesting shareholder right to act by written consent, if properly presented at the meeting.
Corporate Governance
Other Against Split
2 FOR, 26 AGAINST
Split
4 FOR, 2 AGAINST
INTUITIVE SURGICAL INC. May 1, 2025 The stockholder proposal that is titled "requesting a shareholder approval requirement for excessive golden parachutes," if properly presented at the Annual Meeting.
Compensation
Other Against Split
1 FOR, 21 AGAINST
FOR
2 funds
IQVIA HOLDINGS INC. April 24, 2025 If properly presented, a stockholder proposal concerning special stockholder meetings.
Corporate Governance
Other Against Split
3 FOR, 27 AGAINST
Split
3 FOR, 3 AGAINST
IRIDIUM COMMUNICATIONS INC. May 14, 2025 To approve an amendment to our Certificate of Incorporation to limit the liability of certain officers as permitted by the Delaware General Corporation Law.
Director Elections
Other For Split
18 FOR, 1 AGAINST
FOR
9 funds
JABIL INC. January 23, 2025 Vote on a stockholder proposal requesting director election resignation governance guidelines.
Corporate Governance
Other Against Split
4 FOR, 30 AGAINST
AGAINST
7 funds
JPMORGAN CHASE & CO. May 20, 2025 Support for an independent board chairman
Corporate Governance
Other Against Split
1 FOR, 40 AGAINST
Split
4 FOR, 9 AGAINST
KANSAI ELECTRIC POWER CO. INC. June 26, 2025 Amend Articles to Add Provisions Concerning Management Based on CSR (Decarbonization Plan)
Environment or Climate
Other Against AGAINST
6 funds
Split
4 FOR, 1 AGAINST
KANSAI ELECTRIC POWER CO. INC. June 26, 2025 Amend Articles to Add Provisions Concerning Management Based on CSR (Gender Diversity)
Diversity, Equity, and Inclusion
Other Against AGAINST
6 funds
Split
1 FOR, 4 AGAINST
KANSAI ELECTRIC POWER CO. INC. June 26, 2025 Amend Articles to Contribute to Realization of Zero Carbon Society
Environment or Climate
Other Against AGAINST
6 funds
Split
4 FOR, 1 AGAINST
KANSAI ELECTRIC POWER CO. INC. June 26, 2025 Amend Articles to Realize Zero Carbon Emissions by 2050
Environment or Climate
Other Against AGAINST
6 funds
Split
4 FOR, 1 AGAINST
KAO CORP. March 21, 2025 Approve Compensation Ceiling for Outside Directors
Compensation
Other Against AGAINST
7 funds
Split
3 FOR, 4 AGAINST
KAO CORP. March 21, 2025 Approve Performance Share Plan and Restricted Stock Plan
Compensation
Other Against AGAINST
7 funds
Split
3 FOR, 4 AGAINST
KAO CORP. March 21, 2025 Approve Restricted Stock Plan for Outside Directors
Compensation
Other Against AGAINST
7 funds
Split
3 FOR, 4 AGAINST
KBR INC. May 14, 2025 Approve the adoption of the Amended and Restated Certificate of Incorporation to, among other things, limit the liability of certain officers of the Company as permitted by recent amendments to Delaware law.
Director Elections
Other For Split
16 FOR, 2 AGAINST
FOR
2 funds
KEYSIGHT TECHNOLOGIES INC. March 20, 2025 Consider, on a non-binding advisory basis, the Stockholder Proposal: Elect Each Director Annually.
Shareholder Rights and Defenses
Other Not determined Split
25 FOR, 1 AGAINST
FOR
3 funds
KGHM POLSKA MIEDZ January 8, 2025 APPROVE DECISION ON COVERING COSTS OF CONVOCATION OF EGM
Other
Other None Split
1 FOR, 5 AGAINST
AGAINST
2 funds
KRAFT HEINZ CO. May 8, 2025 Stockholder Proposal - Adopt policy on independent board chair, if properly presented.
Corporate Governance
Other Against Split
1 FOR, 27 AGAINST
Split
1 FOR, 2 AGAINST
LEG IMMOBILIEN SE May 28, 2025 Approve Virtual-Only Shareholder Meetings Until 2027
Corporate Governance
Other For FOR
8 funds
Split
1 FOR, 3 AGAINST
LEIDOS HOLDINGS INC. May 2, 2025 Amend Certificate of Incorporation to clarify Rights of Stockholders to Call a Special Meeting.
Shareholder Rights and Defenses
Other For Split
28 FOR, 1 AGAINST
FOR
7 funds
LENNAR CORP. April 9, 2025 Vote on a stockholder proposal on an Independent Board Chairman.
Corporate Governance
Other Against Split
1 FOR, 26 AGAINST
AGAINST
3 funds
LITHIA MOTORS INC. April 24, 2025 Vote on a shareholder proposal requesting shareholder approval of certain executive severance arrangements, if properly presented.
Corporate Governance
Other Against Split
3 FOR, 17 AGAINST
FOR
2 funds
LOBLAW COMPANIES LTD. May 6, 2025 SP 2: Report on Food Waste Generated and Percentage Diverted from Landfills
Environment or Climate
Other Against AGAINST
6 funds
Split
2 FOR, 2 AGAINST
LOCKHEED MARTIN CORP. May 9, 2025 Stockholder Proposal Requesting Shareholder Approval Requirement for Excessive Golden Parachutes
Compensation
Other Against Split
1 FOR, 31 AGAINST
FOR
8 funds
LVMH MOET HENNESSY LOUIS VUITTON SE April 17, 2025 Amend Articles 12 and 16 of Bylaws Re: Age Limit of Chairman of the Board and CEO
Corporate Governance
Other For Split
5 FOR, 1 AGAINST
FOR
9 funds
LVMH MOET HENNESSY LOUIS VUITTON SE April 17, 2025 Amend Articles of Bylaws to Incorporate Legal Changes
Corporate Governance
Other For FOR
6 funds
Split
6 FOR, 3 AGAINST
LVMH MOET HENNESSY LOUIS VUITTON SE April 17, 2025 Approve Auditors' Special Report on Related-Party Transactions Mentioning the Absence of New Transactions
Corporate Governance
Other For AGAINST
6 funds
Split
6 FOR, 3 AGAINST
MARATHON PETROLEUM CORP. April 30, 2025 Shareholder proposal to support a simple majority vote.
Shareholder Rights and Defenses
Other Against Split
6 FOR, 20 AGAINST
FOR
7 funds
MARKETAXESS HOLDINGS INC. June 4, 2025 If properly presented, a stockholder proposal to remove the one-year holding period requirement to call a special stockholder meeting.
Corporate Governance
Other Against Split
1 FOR, 20 AGAINST
AGAINST
2 funds
MARVELL TECHNOLOGY INC. June 13, 2025 To consider and act on one stockholder proposal, entitled "Independent Board Chairman", if properly presented at the Annual Meeting.
Corporate Governance
Other Against Split
3 FOR, 19 AGAINST
Split
3 FOR, 1 AGAINST
MATTEL INC. May 28, 2025 Approval of an amendment to Mattel, Inc.'s Restated Certificate of Incorporation to provide for officer exculpation as permitted by Delaware law.
Director Elections
Other For Split
23 FOR, 1 AGAINST
FOR
3 funds
MCKESSON CORP. July 31, 2024 Shareholder Proposal on Independent Board Chairman
Corporate Governance
Other Against AGAINST
29 funds
Split
1 FOR, 7 AGAINST
MERCK KGAA April 25, 2025 APPROVE VIRTUAL-ONLY SHAREHOLDER MEETINGS UNTIL 2027
Corporate Governance
Other For FOR
7 funds
Split
2 FOR, 2 AGAINST
MERUS N.V. May 21, 2025 Opportunity to make recommendations for nomination by Merus N.V.'s group of non-executive directors.
Corporate Governance
Other None Split
3 FOR, 2 AGAINST
FOR
1 fund
META PLATFORMS INC. May 28, 2025 A shareholder proposal regarding disclosure of voting results based on class of shares.
Shareholder Rights and Defenses
Other Against Split
8 FOR, 29 AGAINST
FOR
13 funds
META PLATFORMS INC. May 28, 2025 A shareholder proposal regarding dual class capital structure.
Shareholder Rights and Defenses
Other Against Split
34 FOR, 4 AGAINST
FOR
13 funds
MITSUBISHI UFJ FINANCIAL GROUP INC. June 27, 2025 Amend Articles to Add Provision on Assessment of Clients' Climate Change Transition Plans
Environment or Climate
Other Against AGAINST
9 funds
Split
2 FOR, 6 AGAINST
MITSUBISHI UFJ FINANCIAL GROUP INC. June 27, 2025 Amend Articles to Add Provision on Disclosure of Financial Risk Audit by Audit Committee
Corporate Governance
Other Against AGAINST
9 funds
Split
2 FOR, 6 AGAINST
MITSUI & CO. LTD. June 18, 2025 Amend Articles to Add Provision on Disclosure of Financial Impact resulting from Failure to Meet 1.5 Degree Celsius Target under the Paris Agreement
Environment or Climate
Other Against AGAINST
6 funds
Split
1 FOR, 4 AGAINST
MITSUI & CO. LTD. June 18, 2025 Amend Articles to Add Provision on Disclosure of Financial Risk Audit by Statutory Auditor Board
Corporate Governance
Other Against AGAINST
6 funds
Split
1 FOR, 4 AGAINST
MIZUHO FINANCIAL GROUP INC. June 24, 2025 Amend Articles to Add Provision on Assessment of Clients' Climate Change Transition Plans
Environment or Climate
Other Against AGAINST
8 funds
Split
2 FOR, 3 AGAINST
MIZUHO FINANCIAL GROUP INC. June 24, 2025 Amend Articles to Add Provision on Disclosure of Financial Risk Audit by Audit Committee
Corporate Governance
Other Against AGAINST
8 funds
Split
2 FOR, 3 AGAINST
MONGODB INC. June 30, 2025 Approval of an amendment to the Company's charter to limit the liability of certain officers as permitted by Delaware law.
Director Elections
Other For Split
21 FOR, 1 AGAINST
FOR
1 fund
MOODY'S April 15, 2025 Stockholder proposal requesting stockholder ratification of certain executive severance arrangements.
Compensation
Other Against AGAINST
26 funds
Split
2 FOR, 3 AGAINST
MTU AERO ENGINES AG May 8, 2025 Approve Virtual-Only Shareholder Meetings Until 2027
Corporate Governance
Other For FOR
6 funds
Split
1 FOR, 2 AGAINST
MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG April 30, 2025 Approve Virtual-Only Shareholder Meetings Until 2027
Corporate Governance
Other For FOR
5 funds
Split
1 FOR, 1 AGAINST
NATIONAL BANK OF CANADA April 24, 2025 SP 1: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting
Other Social Issues
Other Against AGAINST
6 funds
Split
3 FOR, 5 AGAINST
NATIONAL BANK OF CANADA April 24, 2025 SP 2: Advisory Vote on Environmental Policies
Environment or Climate
Other Against AGAINST
6 funds
Split
3 FOR, 5 AGAINST
NATIONAL BANK OF CANADA April 24, 2025 SP 3: Report on Forced Labor and Child Labor in Lending Profiles
Human Rights or Human Capital/workforce
Other Against AGAINST
6 funds
Split
3 FOR, 5 AGAINST
NATIONAL BANK OF CANADA April 24, 2025 SP 4: Adopt Advanced Generative AI Systems Voluntary Code of Conduct
Other Social Issues
Other Against AGAINST
6 funds
Split
3 FOR, 5 AGAINST
NATURGY ENERGY GROUP SA March 25, 2025 Amend Article 7 Re: Increase in Board Size
Corporate Governance
Other For FOR
6 funds
Split
1 FOR, 1 AGAINST
NATURGY ENERGY GROUP SA March 25, 2025 Fix Number of Directors at 16
Corporate Governance
Other For FOR
6 funds
Split
1 FOR, 1 AGAINST
NCINO INC. June 18, 2025 Stockholder proposal regarding board declassification.
Shareholder Rights and Defenses
Other None Split
1 FOR, 14 AGAINST
FOR
1 fund
NEOENERGIA SA April 17, 2025 Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?
Shareholder Rights and Defenses
Other None Split
1 FOR, 4 ABSTAIN
ABSTAIN
1 fund
NETFLIX INC. June 5, 2025 Stockholder proposal entitled, "Proposal 5 - Proposal that Won 45% NFLX Shareholder Support," if properly presented at the meeting.
Shareholder Rights and Defenses
Other Against Split
7 FOR, 24 AGAINST
Split
2 FOR, 5 AGAINST
NEXT PLC May 15, 2025 Approve ShareAction Requisitioned Resolution
Corporate Governance
Other Against AGAINST
6 funds
Split
2 FOR, 4 ABSTAIN
NISOURCE INC. May 12, 2025 To consider a stockholder proposal requesting to support special shareholder meeting improvement.
Corporate Governance
Other Against AGAINST
22 funds
Split
2 FOR, 3 AGAINST
NORTH WEST COMPANY INC. June 11, 2025 The Undersigned Certifies The Shares Represented By This Proxy Are Owned And Controlled By: FOR = Canadian, AGT = Non-Canadian Holder Authorized To Provide Air Service, ABN = Non-Canadian Who Is Not A Non-Canadian Holder Authorized To Provide Air Service.
Other
Other None Split
1 FOR, 5 ABSTAIN
ABSTAIN
1 fund
NOVARTIS AG March 7, 2025 APPROVE VIRTUAL-ONLY SHAREHOLDER MEETINGS
Corporate Governance
Other For FOR
10 funds
Split
3 FOR, 7 AGAINST
NVIDIA June 25, 2025 Approval of a stockholder proposal to adopt a new director election resignation governance policy.
Corporate Governance
Other Against Split
7 FOR, 30 AGAINST
AGAINST
13 funds
NVIDIA June 25, 2025 Approval of a stockholder proposal to eliminate the holding period requirement to call a special stockholder meeting.
Corporate Governance
Other Against Split
1 FOR, 38 AGAINST
AGAINST
13 funds
NVR INC. May 6, 2025 Shareholder proposal to provide shareholders with the right to call a special meeting.
Corporate Governance
Other Against Split
2 FOR, 27 AGAINST
Split
1 FOR, 5 AGAINST
O'REILLY AUTOMOTIVE INC. May 15, 2025 Shareholder proposal entitled "Support Improved Clawback Policy for Unearned Executive Pay."
Compensation
Other Against AGAINST
29 funds
Split
1 FOR, 2 AGAINST
OMNICOM GROUP INC. May 6, 2025 Shareholder proposal regarding an independent Board Chairman.
Corporate Governance
Other Against Split
7 FOR, 22 AGAINST
Split
3 FOR, 6 AGAINST
PACCAR INC April 29, 2025 Stockholder proposal regarding a shareholder vote on excessive golden parachutes
Say-on-Pay
Other Against Split
3 FOR, 29 AGAINST
FOR
3 funds
PAYPAL HOLDINGS INC. June 5, 2025 Stockholder Proposal - Reduce Threshold to Call Special Meetings of Stockholders.
Corporate Governance
Other Against Split
1 FOR, 29 AGAINST
Split
3 FOR, 5 AGAINST
PFIZER INC. April 24, 2025 Shareholder Vote Regarding Golden Parachutes
Corporate Governance
Other Against AGAINST
33 funds
Split
3 FOR, 3 AGAINST
PHOENIX GROUP HOLDINGS PLC May 13, 2025 Adopt New Articles of Association
Corporate Governance
Other For FOR
7 funds
Split
2 FOR, 2 AGAINST
POWER CORPORATION OF CANADA May 14, 2025 SP 1: Adopt Advanced Generative AI Systems Voluntary Code of Conduct
Other Social Issues
Other Against AGAINST
6 funds
Split
1 FOR, 1 AGAINST
POWER CORPORATION OF CANADA May 14, 2025 SP 3: Advisory Vote on Environmental Policies
Environment or Climate
Other Against AGAINST
6 funds
Split
1 FOR, 1 AGAINST
POWER INTEGRATIONS INC. May 15, 2025 To consider, if properly presented at the Annual Meeting, a stockholder proposal requesting the Board of Directors to adopt a policy and amend governing documents in order that two separate individuals hold the office of Chairman of the Board and the office of the Chief Executive Officer.
Corporate Governance
Other Against Split
1 FOR, 16 AGAINST
AGAINST
4 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.