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Vanguard vs DWS: how alike they voted, 2025-2026

94.2% When both took a single position, they voted the same way on 94.2% of 74,968 items (70,652 the same, 4,316 different). 2,080 items where at least one of them split its funds are listed separately below. Both voted on 77,048 items in all.

Vanguard 2025-2026 · DWS 2025-2026 · 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 77,04870,6524,316 2,08094.2%93.2%
Board proposals 59,12053,5623,775 1,78393.4%92.3%
E&S shareholder proposals 17310943 2171.7%67.7%
Other items 17,75516,981498 27697.2%96.4%

Where they did not vote alike

Everything Voted differently Split votes

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

774 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 recommendedVanguardDWS
Minmetals Capital Co., Ltd. May 15, 2026 Approve Related Party Transaction
Corporate Governance
Other For FOR
5 funds
AGAINST
1 fund
Mitsui Kinzoku Co., Ltd. June 26, 2026 Amend Articles to Require Individual Compensation Disclosure for Directors
Compensation
Other Against AGAINST
5 funds
FOR
1 fund
Muthoot Finance Limited August 30, 2025 Amend Articles of Association
Corporate Governance
Other For FOR
6 funds
AGAINST
3 funds
Muthoot Finance Limited August 30, 2025 Approve Increase in the Number of Directors on the Board of Directors
Corporate Governance
Other For FOR
6 funds
AGAINST
3 funds
NARI Technology Co., Ltd. May 22, 2026 Approve Signing the Financial Business Service Agreement
Corporate Governance
Other For FOR
4 funds
AGAINST
3 funds
NAURA Technology Group Co., Ltd. December 8, 2025 Approve Authorization of the Board to Handle All Related Matters
Compensation
Other For FOR
7 funds
AGAINST
5 funds
NAURA Technology Group Co., Ltd. December 8, 2025 Approve Implementation and Assessment Management Measures for Stock Option Incentive Plan
Compensation
Other For FOR
7 funds
AGAINST
5 funds
NAURA Technology Group Co., Ltd. December 8, 2025 Approve Stock Option Incentive Plan and Its Summary
Compensation
Other For FOR
7 funds
AGAINST
5 funds
NEC Corp. June 19, 2026 Amend Articles to Allow Virtual Only Shareholder Meetings
Corporate Governance
Other For FOR
7 funds
AGAINST
7 funds
NEW FORTRESS ENERGY INC. June 17, 2026 To amend the Certificate of Incorporation to provide for exculpation of certain of the Company's officers from liability to the extent permitted by Delaware law, substantially aligning the protections for the Company's officers with those currently afforded to the Company's directors.
Director Elections
Other For FOR
9 funds
AGAINST
2 funds
NEW HOPE CORPORATION LTD November 20, 2025 Approve the Additional Proposed Amendments to the Company's Constitution
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
NORDEX SE May 5, 2026 APPROVE INCREASE IN SIZE OF BOARD TO SEVEN MEMBERS
Director Elections
Other For FOR
6 funds
AGAINST
3 funds
NTT, Inc. June 18, 2026 Amend Articles to Ensure Equal Treatment of Management Proposals and Shareholder Proposals in Voting via the Internet
Corporate Governance
Other Against AGAINST
8 funds
FOR
4 funds
NTT, Inc. June 18, 2026 Amend Articles to Relax Limit of Number of Characters in Shareholder Proposal Justification Statements
Corporate Governance
Other Against AGAINST
8 funds
FOR
4 funds
Ningbo Zhoushan Port Co., Ltd. April 22, 2026 Approve 2025 and 2026 Related Party Transactions
Corporate Governance
Other For FOR
4 funds
AGAINST
1 fund
Nissan Motor Co., Ltd. June 23, 2026 Amend Articles to Prohibit Blank Votes as Votes FOR Management Proposals, AGAINST Shareholder Proposals
Corporate Governance
Other Against AGAINST
6 funds
FOR
4 funds
Nisshin Seifun Group, Inc. June 25, 2026 Amend Articles to Clarify Director Authority on Shareholder Meetings - Amend Provisions on Number of Directors - Amend Provisions on Director Titles - Remove All Provisions on Advisory Positions - Clarify Director Authority on Board Meetings
Corporate Governance
Other For FOR
8 funds
AGAINST
1 fund
OCI NV January 22, 2026 Approve Discharge of Executive Directors
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
OCI NV January 22, 2026 Approve Discharge of Non-Executive Directors
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
ORIGIN ENERGY LTD October 15, 2025 Adopt 2025 Climate Transition Action Plan
Environment or Climate
Other For ABSTAIN
7 funds
FOR
6 funds
ORIX Corp. June 23, 2026 Amend Articles to Allow Virtual Only Shareholder Meetings
Corporate Governance
Other For FOR
6 funds
AGAINST
5 funds
ORLEN SA October 28, 2025 Approve Consolidated Text of Statute
Corporate Governance
Other For FOR
7 funds
AGAINST
3 funds
OTP Bank Nyrt April 17, 2026 Elect Gyorgy Nagy as Management Board Member
Corporate Governance
Other For FOR
8 funds
AGAINST
4 funds
OTP Bank Nyrt April 17, 2026 Elect Jozsef Voros as Management Board Member
Corporate Governance
Other For FOR
8 funds
AGAINST
4 funds
Oriental Pearl Group Co. Ltd. June 17, 2026 Approve Financial Services Agreement and Related Party Transaction
Corporate Governance
Other For FOR
5 funds
AGAINST
1 fund
Oriental Pearl Group Co. Ltd. June 17, 2026 Approve Related Party Transaction
Corporate Governance
Other For FOR
5 funds
AGAINST
1 fund
PENNON GROUP PLC July 24, 2025 Amend Articles of Association Re: Format of General Meetings
Corporate Governance
Other For FOR
6 funds
AGAINST
2 funds
PENNON GROUP PLC July 24, 2025 Approve Climate-Related Financial Disclosures
Environment or Climate
Other For ABSTAIN
6 funds
FOR
2 funds
PETROCHINA CO LTD June 9, 2026 Approve Report of the Board of Directors
Corporate Governance
Other For FOR
5 funds
AGAINST
2 funds
PHOENIX FINANCIAL LTD March 9, 2026 APPROVE REPLACEMENT OF THE COMPANY'S ARTICLES OF ASSOCIATION
Corporate Governance
Other For FOR
6 funds
AGAINST
4 funds
PLUXEE N.V. December 17, 2025 Approve Discharge of Non-Executive Directors
Director Elections
Other For FOR
6 funds
AGAINST
1 fund
PRUDENTIAL FINANCIAL, INC. May 12, 2026 Shareholder proposal regarding an Independent Board Chairman.
Corporate Governance
Other Against AGAINST
32 funds
FOR
9 funds
PT Bank Mandiri (Persero) Tbk December 19, 2025 Amend Articles of Association
Corporate Governance
Other None AGAINST
8 funds
FOR
4 funds
PT Bank Negara Indonesia (Persero) Tbk December 15, 2025 Amend Articles of Association
Corporate Governance
Other None AGAINST
8 funds
FOR
2 funds
Poly Property Services Co., Ltd. December 30, 2025 Approve 2026-2028 Deposit Service Framework Agreement, Annual Cap and Related Transactions
Corporate Governance
Other For FOR
7 funds
AGAINST
1 fund
Power Construction Corporation of China, Ltd. December 31, 2025 Approve Financial Services Framework Agreement
Corporate Governance
Other For FOR
6 funds
AGAINST
3 funds
Power Construction Corporation of China, Ltd. December 31, 2025 Approve Related Party Transaction
Corporate Governance
Other For FOR
6 funds
AGAINST
3 funds
QINGHAI SALT LAKE INDUSTRY CO LTD May 22, 2026 Approve Supplementary Signing of the Financial Services Agreement and Related Party Transactions
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
Qi An Xin Technology Group, Inc. July 14, 2025 Approve Additional Related Party Transaction
Corporate Governance
Other For FOR
5 funds
AGAINST
1 fund
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Attribution of Profit and Loss During the Transition Period
Capital Structure
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Audit Report, Pro Forma Audit Report, and Valuation Report
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Authorization of Board to Handle All Related Matters
Capital Structure
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Basic Information
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Bond Maturity
Capital Structure
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Company's Eligibility for Acquisition by Issuance of Convertible Bonds as well as Raising Supporting Funds
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Completeness and Compliance of Implementation of Legal Proceedings of the Transactions and Validity of the Submitted Legal Documents Regarding this Transaction
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Conditional Mandatory Share Conversion
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Confidentiality Measures and Confidentiality System Adopted for this Transaction
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Conversion Period
Capital Structure
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Description of the Basis and Fairness and Reasonableness of the Pricing of the Transaction
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Determination of Conversion Price
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Direct or Indirect Paid Employment of Other Third-party Institutions or Individuals in This Transaction
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Distribution Arrangement of Undistributed Earnings
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Dividend Distribution
Capital Structure
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Draft and Summary for Acquisition by Cash and Issuance of Convertible Bonds as well as Raising Supporting Funds
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Guarantee and Rating
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Impact of Dilution of Current Returns on Major Financial Indicators and the Relevant Measures to be Taken
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Independence of Appraiser, the Validity of Hypothesis, the Relevance of Valuation Purpose and Approach as Well as the Fairness of Pricing
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Initial Conversion Price Adjustment Mechanism
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Interest Rates and Repayment Manner on Convertible Corporate Bonds
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Issue Manner and Target Subscribers
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Issue Size and Quantity
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Lock-Up Period Arrangement
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Number of Shares Converted
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Pricing Reference Date, Pricing Basis and Issue Price
Capital Structure
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Principles of Bondholders Meeting
Capital Structure
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Purchase and Sale of Assets Within 12 Months Before this Transaction
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Share Type, Par Value and Listing Exchange
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Signing of Supplemental Agreement to the Issuance of Convertible Corporate Bonds to Purchase Assets Agreement
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Source of Shares Converted
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Stock price Fluctuations of the Company Within 20 Trading Days prior to the Initial Announcement of the Transaction
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Target Subscribers
Capital Structure
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Terms of Redemption
Capital Structure
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Transaction Complies With Article 4 of Guidelines for the Supervision of Listed Companies No. 9 - Regulatory Requirements for Listed Companies to Plan and Implement Major Asset Restructuring
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Transaction Complies with Article 11, 13, 14 of Measures for the Administration of Registration of Securities Issuance by Listed Companies
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Transaction Complies with Article 11, 43, 44 of Measures for the Administration of Major Asset Restructuring of Listed Companies
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Transaction Complies with Article 18 Measures for the Continuous Supervision, Article 8 Rules for Reviewing Major Asset Restructuring, and Article 5 Rules for Issuing Convertible Corporate Bonds to Specific Targets to Purchase Assets
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Transaction Complies with Article 4 of the Rules for Listed Companies Issuing Convertible Corporate Bonds to Purchase Assets from Specific Targets
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Transaction Does Not Constitute as Major Asset Restructuring and Restructuring for Listing
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Transaction Does Not Constitute as Related-Party Transaction
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Transaction Does Not Exist in Article 12 of Guidelines for the Supervision of Listed Companies No. 7, Relevant Standards of the Self-regulatory Guidelines for Listed Companies of Shanghai Stock Exchange No. 6 - Major Assets Restructuring
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Trusteeship of Convertible Corporate Bonds, Liability for Default, and Dispute Resolution Mechanism
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Use of Proceeds
Corporate Governance
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve Valuation of the Target Assets
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
3 funds
RANGE INTELLIGENT COMPUTING TECHNOLOGY GROUP COMPA May 8, 2026 Approve to Formulate the Principles of Bondholders Meeting
Capital Structure
Other For FOR
4 funds
AGAINST
3 funds
ROOT, INC. June 3, 2026 To approve an amendment to the Company's Amended and Restated Certificate of Incorporation, as amended, to allow for exculpation of certain officers.
Director Elections
Other For FOR
9 funds
AGAINST
1 fund
Rinnai Corp. June 26, 2026 Approve Restricted Stock Plan
Compensation
Other Against AGAINST
7 funds
FOR
1 fund
Rohto Pharmaceutical Co., Ltd. June 24, 2026 Amend Articles to Restore Shareholder Authority to Vote on Income Allocation and Share Buybacks
Capital Structure
Other Against AGAINST
7 funds
FOR
1 fund
Rohto Pharmaceutical Co., Ltd. June 24, 2026 Approve Restricted Stock Plan
Compensation
Other Against AGAINST
7 funds
FOR
1 fund
Royal Bank of Canada April 9, 2026 SP 10: Report on Loans Made by the Bank in Support of the Circular Economy
Environment or Climate
Other Against AGAINST
7 funds
FOR
3 funds
Royal Bank of Canada April 9, 2026 SP 7: Report on AI-Use in High-Level Decision-Making, Risk Assessment and Loan Grants
Other Social Issues
Other Against AGAINST
7 funds
FOR
3 funds
Ruentex Development Co., Ltd. May 20, 2026 Approve Release of Restrictions of Competitive Activities of Directors
Corporate Governance
Other For AGAINST
8 funds
FOR
1 fund
SAIC MOTOR CORPORATION LTD June 26, 2026 Approve Renewal of the Financial Services Framework Agreement
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
2 funds
SAIC MOTOR CORPORATION LTD June 26, 2026 Approve Renewal of the Framework Agreement for Daily Related Party Transactions
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
2 funds
SAIC MOTOR CORPORATION LTD June 26, 2026 Approve Report of the Board of Directors
Corporate Governance
Other For FOR
6 funds
AGAINST
2 funds
SAIC Motor Corp. Ltd. December 30, 2025 Approve Related Party Transaction
Corporate Governance
Other For FOR
6 funds
AGAINST
3 funds
SAIC Motor Corp. Ltd. December 30, 2025 Approve Related Party Transaction with SAIC Motor Finance Co., Ltd.
Corporate Governance
Other For FOR
6 funds
AGAINST
3 funds
SCHOTT PHARMA AG & CO. KGAA February 3, 2026 APPROVE VIRTUAL-ONLY SHAREHOLDER MEETINGS UNTIL 2029
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
SDIC CAPITAL CO., LTD. June 3, 2026 Approve Related Party Transaction
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
2 funds
SDIC CAPITAL CO., LTD. June 3, 2026 Approve Signing of Financial Services Agreement and Related Party Transaction
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
2 funds

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How items are matched and positions counted: see the comparison table and the methodology. Built October 13, 2026 from SEC Form N-PX filings.