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Vanguard vs Franklin Templeton: how alike they voted, 2025-2026

94.4% When both took a single position, they voted the same way on 94.4% of 62,577 items (59,086 the same, 3,491 different). 1,562 items where at least one of them split its funds are listed separately below. Both voted on 64,139 items in all.

Vanguard 2025-2026 · Franklin Templeton 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 64,13959,0863,491 1,56294.4%93.5%
Board proposals 47,48843,2083,025 1,25593.5%92.5%
E&S shareholder proposals 1661276 3395.5%88.3%
Other items 16,48515,751460 27497.2%96.4%

Where they did not vote alike

Everything Voted differently Split votes

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

3,025 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 recommendedVanguardFranklin Templeton
Advantech Co., Ltd. May 29, 2026 Approve Issuance of Employee Restricted Stock Awards
Compensation
Board For FOR
7 funds
AGAINST
2 funds
Air Water, Inc. June 29, 2026 Appoint Statutory Auditor Mori, Seiji
Compensation
Board For AGAINST
8 funds
FOR
2 funds
Air Water, Inc. June 29, 2026 Appoint Statutory Auditor Yoshida, Yasuaki
Compensation
Board For AGAINST
8 funds
FOR
2 funds
Aisin Corp. June 19, 2026 Appoint Statutory Auditor Ito, Shintaro
Compensation
Board For AGAINST
7 funds
FOR
3 funds
Alexander's, Inc. May 21, 2026 Election of Directors: Russell B. Wight, Jr.
Director Elections
Board For FOR
12 funds
WITHHOLD
1 fund
Alibaba Health Information Technology Limited August 8, 2025 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights
Capital Structure
Board For FOR
6 funds
AGAINST
2 funds
Alibaba Health Information Technology Limited August 8, 2025 Authorize Reissuance of Repurchased Shares
Capital Structure
Board For FOR
6 funds
AGAINST
2 funds
Alliance Bank Malaysia Berhad July 30, 2025 Approve Allocation of Shares under the Proposed LTIP to Kellee Kam Chee Khiong
Compensation
Board For FOR
6 funds
AGAINST
1 fund
Alliance Bank Malaysia Berhad July 30, 2025 Approve Proposed Establishment of a Long-Term Incentive Plan in the Form of Share Issuance Scheme and Share Grant Scheme
Compensation
Board For FOR
6 funds
AGAINST
1 fund
Ambipar Participacoes e Empreendimentos SA August 4, 2025 Amend Article 6 to Reflect Changes in Authorized Capital
Capital Structure
Board For FOR
4 funds
AGAINST
2 funds
American Assets Trust, Inc. June 1, 2026 Election of Directors: Dr. Robert S. Sullivan
Director Elections
Board For FOR
16 funds
WITHHOLD
1 fund
American Assets Trust, Inc. June 1, 2026 Election of Directors: Joy L. Schaefer
Director Elections
Board For FOR
16 funds
WITHHOLD
1 fund
Amprius Technologies, Inc. June 11, 2026 Election of Class I Directors: Kathleen Bayless
Director Elections
Board For FOR
10 funds
WITHHOLD
1 fund
Amprius Technologies, Inc. June 11, 2026 Election of Class I Directors: Thomas M. Stepien
Director Elections
Board For FOR
10 funds
WITHHOLD
1 fund
Angi Inc. June 10, 2026 Election of Class II Directors: Glenn H. Schiffman
Director Elections
Board For FOR
10 funds
WITHHOLD
1 fund
Angi Inc. June 10, 2026 Election of Class II Directors: Sandra Buchanan
Director Elections
Board For FOR
10 funds
WITHHOLD
1 fund
Anhui Anke Biotechnology (Group) Co., Ltd. April 24, 2026 Approve Use of Funds for Cash Management
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
1 fund
Anhui Yingjia Distillery Co., Ltd. May 18, 2026 Approve Use of Funds for Entrusted Financial Management
Extraordinary Transactions
Board For FOR
5 funds
AGAINST
1 fund
Anhui Zhongding Sealing Parts Co., Ltd. May 21, 2026 Approve Use of Funds for Entrusted Financial Management
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
1 fund
Anker Innovations Technology Co., Ltd. August 19, 2025 Approve Authorization of the Board to Handle All Related Matters
Compensation
Board For FOR
6 funds
AGAINST
2 funds
Anker Innovations Technology Co., Ltd. August 19, 2025 Approve Draft and Summary of Performance Share Incentive Plan
Compensation
Board For FOR
6 funds
AGAINST
2 funds
Anker Innovations Technology Co., Ltd. August 19, 2025 Approve Methods to Assess the Performance of Plan Participants
Compensation
Board For FOR
6 funds
AGAINST
2 funds
Antero Midstream Corporation June 3, 2026 Class I Nominees: W. Howard Keenan, Jr.
Director Elections
Board For FOR
18 funds
WITHHOLD
2 funds
AppFolio, Inc. June 12, 2026 Election of Class II Directors: Olivia Nottebohm
Director Elections
Board For FOR
15 funds
WITHHOLD
1 fund
Ardent Health, Inc. May 20, 2026 Election of Directors: Ellen Havdala
Director Elections
Board For FOR
11 funds
WITHHOLD
1 fund
Ares Commercial Real Estate Corporation May 27, 2026 Election of Directors: Caroline E. Blakely Persons to serve as Class II Directors until the Company's 2029 Annual Meeting of Stockholders and until their successors are duly elected and qualify.
Director Elections
Board For FOR
7 funds
WITHHOLD
1 fund
Ares Commercial Real Estate Corporation May 27, 2026 Election of Directors: William S. Benjamin Persons to serve as Class II Directors until the Company's 2029 Annual Meeting of Stockholders and until their successors are duly elected and qualify.
Director Elections
Board For FOR
7 funds
WITHHOLD
1 fund
Ares Management Corporation June 8, 2026 Election of Directors: Ashish Bhutani
Director Elections
Board For FOR
24 funds
AGAINST
5 funds
Ares Management Corporation June 8, 2026 Election of Directors: Bennett Rosenthal
Director Elections
Board For FOR
24 funds
AGAINST
5 funds
Ares Management Corporation June 8, 2026 Election of Directors: David B. Kaplan
Director Elections
Board For FOR
24 funds
AGAINST
5 funds
Ares Management Corporation June 8, 2026 Election of Directors: Eileen Naughton
Director Elections
Board For FOR
24 funds
AGAINST
5 funds
Ares Management Corporation June 8, 2026 Election of Directors: Michael Lynton
Director Elections
Board For FOR
24 funds
AGAINST
5 funds
Ares Management Corporation June 8, 2026 Election of Directors: Paul G. Joubert
Director Elections
Board For FOR
24 funds
AGAINST
5 funds
Ares Management Corporation June 8, 2026 Election of Directors: R. Kipp deVeer
Director Elections
Board For FOR
24 funds
AGAINST
5 funds
Asahi Group Holdings Ltd. March 24, 2026 Approve Allocation of Income, with a Final Dividend of JPY 26
Capital Structure
Board For FOR
6 funds
AGAINST
3 funds
Asia Cement Corp. May 28, 2026 Elect C.V. CHEN, a REPRESENTATIVE of FAR EASTERN NEW CENTURY CORP., with SHAREHOLDER NO.0000001, as Non-Independent Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
Asia Cement Corp. May 28, 2026 Elect CHAMPION LEE, a REPRESENTATIVE of FAR EASTERN MEDICAL FOUNDATION, with SHAREHOLDER NO.0022744, as Non-Independent Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
Asia Cement Corp. May 28, 2026 Elect CHEN KUN CHANG, a REPRESENTATIVE of FAR EASTERN Y.Z. HSU SCIENCE AND TECHNOLOGY MEMORIAL FOUNDATION, with SHAREHOLDER NO.0180996, as Non-Independent Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
Asia Cement Corp. May 28, 2026 Elect CHI SCHIVE, with SHAREHOLDER NO.0350688, as Independent Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
Asia Cement Corp. May 28, 2026 Elect DORIS WU, a REPRESENTATIVE of BAI-YANG INVESTMENT HOLDINGS CORPORATION, with SHAREHOLDER NO.0085666, as Non-Independent Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
Asia Cement Corp. May 28, 2026 Elect GORDON S. CHEN, with SHAREHOLDER NO.P101989XXX, as Independent Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
Asia Cement Corp. May 28, 2026 Elect JOHNNY SHIH, a REPRESENTATIVE of FAR EASTERN NEW CENTURY CORP., with SHAREHOLDER NO.0000001, as Non-Independent Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
Asia Cement Corp. May 28, 2026 Elect KWAN-TAO LI, a REPRESENTATIVE of U-MING CORP., with SHAREHOLDER NO.0027718, as Non-Independent Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
Asia Cement Corp. May 28, 2026 Elect PETER HSU, a REPRESENTATIVE of FAR EASTERN Y.Z. HSU SCIENCE AND TECHNOLOGY MEMORIAL FOUNDATION, with SHAREHOLDER NO.0180996, as Non-Independent Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
Asia Cement Corp. May 28, 2026 Elect RUEY LONG CHEN, a REPRESENTATIVE of TA CHU CHEMICAL FIBER CO., LTD., with SHAREHOLDER NO.0225135, as Non-Independent Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
Aspen Aerogels, Inc. May 13, 2026 Election of Directors: Donald R. Young
Director Elections
Board For FOR
9 funds
WITHHOLD
1 fund
Aspen Aerogels, Inc. May 13, 2026 Election of Directors: Steven R. Mitchell
Director Elections
Board For FOR
9 funds
WITHHOLD
1 fund
Astera Labs, Inc. June 4, 2026 To elect three Class II directors to our board of directors to serve until the 2029 Annual Meeting of Stockholders and until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation or removal: Sanjay Gajendra
Director Elections
Board For FOR
15 funds
WITHHOLD
2 funds
Ategrity Specialty Insurance Company Holdings June 9, 2026 Election of Directors: John (Jack) L. Sennott, Jr.
Director Elections
Board For FOR
8 funds
AGAINST
1 fund
Ategrity Specialty Insurance Company Holdings June 9, 2026 Election of Directors: Justin Cohen
Director Elections
Board For FOR
8 funds
AGAINST
1 fund
Ategrity Specialty Insurance Company Holdings June 9, 2026 Election of Directors: Mitchell Pressman
Director Elections
Board For FOR
8 funds
AGAINST
1 fund
Ategrity Specialty Insurance Company Holdings June 9, 2026 Election of Directors: Robert C. Merton, Ph.D.
Director Elections
Board For FOR
8 funds
AGAINST
1 fund
Ategrity Specialty Insurance Company Holdings June 9, 2026 Election of Directors: Stuart J. Zimmer
Director Elections
Board For FOR
8 funds
AGAINST
1 fund
Ategrity Specialty Insurance Company Holdings June 9, 2026 Election of Directors: Tom Hulst
Director Elections
Board For FOR
8 funds
AGAINST
1 fund
Ategrity Specialty Insurance Company Holdings June 9, 2026 Election of Directors: William Mercer
Director Elections
Board For FOR
8 funds
AGAINST
1 fund
Atlassian Corporation December 2, 2025 Election of Directors: Michael Cannon-Brookes
Director Elections
Board For FOR
18 funds
AGAINST
2 funds
Atlassian Corporation December 2, 2025 Election of Directors: Richard P. Wong
Director Elections
Board For FOR
18 funds
AGAINST
2 funds
Atlassian Corporation December 2, 2025 Election of Directors: Scott Farquhar
Director Elections
Board For FOR
18 funds
AGAINST
2 funds
Atlassian Corporation December 2, 2025 Election of Directors: Shona L. Brown
Director Elections
Board For FOR
18 funds
AGAINST
2 funds
Autohome Inc. June 23, 2026 Elect Haishan Liang as Director
Director Elections
Board For FOR
2 funds
AGAINST
2 funds
Autohome Inc. June 23, 2026 Elect Shenglei Zhou as Director
Director Elections
Board For FOR
2 funds
AGAINST
2 funds
Azbil Corp. June 24, 2026 Elect Director Nishizawa, Junichi
Director Elections
Board For AGAINST
7 funds
FOR
2 funds
Azbil Corp. June 24, 2026 Elect Director Yokota, Takayuki
Director Elections
Board For AGAINST
7 funds
FOR
2 funds
BABCOCK INTERNATIONAL GROUP PLC September 25, 2025 Amend Performance Share Plan
Compensation
Board For FOR
5 funds
AGAINST
1 fund
BABCOCK INTERNATIONAL GROUP PLC September 25, 2025 Approve Remuneration Policy
Say-on-Pay
Board For FOR
5 funds
AGAINST
1 fund
BACHEM HOLDING AG April 29, 2026 APPOINT HELMA WENNEMERS AS MEMBER OF THE COMPENSATION COMMITTEE
Corporate Governance
Board For FOR
6 funds
AGAINST
2 funds
BACHEM HOLDING AG April 29, 2026 REAPPOINT ALEX FAESSLER AS MEMBER OF THE COMPENSATION COMMITTEE
Corporate Governance
Board For FOR
6 funds
AGAINST
2 funds
BACHEM HOLDING AG April 29, 2026 REAPPOINT NICOLE HOETZER AS MEMBER OF THE COMPENSATION COMMITTEE
Corporate Governance
Board For FOR
6 funds
AGAINST
2 funds
BACHEM HOLDING AG April 29, 2026 REELECT ALEX FAESSLER AS DIRECTOR
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BACHEM HOLDING AG April 29, 2026 REELECT HELMA WENNEMERS AS DIRECTOR
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BACHEM HOLDING AG April 29, 2026 REELECT KUNO SOMMER AS DIRECTOR AND BOARD CHAIR
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BACHEM HOLDING AG April 29, 2026 REELECT NICOLE HOETZER AS DIRECTOR
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BACHEM HOLDING AG April 29, 2026 REELECT SIMON FEDELE AS DIRECTOR
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BACHEM HOLDING AG April 29, 2026 REELECT STEFFEN LANG AS DIRECTOR
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BAIC MOTOR CORPORATION LTD June 25, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights
Capital Structure
Board For FOR
5 funds
AGAINST
2 funds
BANCA MEDIOLANUM S.P.A. April 16, 2026 Approve Long Term Incentive Plan 2026-2028
Compensation
Board For FOR
7 funds
AGAINST
3 funds
BANCA MEDIOLANUM S.P.A. April 16, 2026 Approve Second Section of the Remuneration Report
Say-on-Pay
Board For FOR
7 funds
AGAINST
3 funds
BANCA MONTE DEI PASCHI DI SIENA SPA April 15, 2026 Elect Alessandro Caltagirone as Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
BANCA MONTE DEI PASCHI DI SIENA SPA April 15, 2026 Elect Antonella Centra as Director
Director Elections
Board For AGAINST
7 funds
FOR
3 funds
BANCA MONTE DEI PASCHI DI SIENA SPA April 15, 2026 Elect Domenico Lombardi as Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
BANCA MONTE DEI PASCHI DI SIENA SPA April 15, 2026 Elect Elena De Simone as Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
BANCA MONTE DEI PASCHI DI SIENA SPA April 15, 2026 Elect Gianluca Brancadoro as Director
Director Elections
Board For AGAINST
7 funds
FOR
3 funds
BANCA MONTE DEI PASCHI DI SIENA SPA April 15, 2026 Elect Nicola Maione as Board Chair
Corporate Governance
Board For FOR
7 funds
AGAINST
3 funds
BANCA MONTE DEI PASCHI DI SIENA SPA April 15, 2026 Elect Nicola Maione as Director
Director Elections
Board For FOR
7 funds
AGAINST
3 funds
BANCA MONTE DEI PASCHI DI SIENA SPA April 15, 2026 Elect Paola Lucantoni as Director
Director Elections
Board For AGAINST
7 funds
FOR
3 funds
BANCA MONTE DEI PASCHI DI SIENA SPA April 15, 2026 Elect Renato Sala as Director
Director Elections
Board For AGAINST
7 funds
FOR
3 funds
BANCO BPM S.P.A. April 16, 2026 Elect Alberto Oliveti as Director
Director Elections
Board For FOR
7 funds
AGAINST
5 funds
BANCO BPM S.P.A. April 16, 2026 Elect Cecilia Rossignoli as Director
Director Elections
Board For FOR
7 funds
AGAINST
5 funds
BANCO BPM S.P.A. April 16, 2026 Elect Maurizio Comoli as Director
Director Elections
Board For FOR
7 funds
AGAINST
5 funds
BANK LEUMI LE-ISRAEL B.M. September 15, 2025 APPROVE GRANT OF OPTIONS TO FRIEDMAN HANAN SHMUEL, CEO
Compensation
Board For FOR
6 funds
AGAINST
1 fund
BANK OF JIANGSU CO LTD June 26, 2026 Approve Authorization of the Board to Determine Interim Profit Distribution
Capital Structure
Board For FOR
6 funds
AGAINST
3 funds
BANK OF MARIN BANCORP May 27, 2026 Election of Directors: Russell A. Colombo
Director Elections
Board For FOR
7 funds
WITHHOLD
1 fund
BANK OF QINGDAO CO LTD May 28, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights
Capital Structure
Board For FOR
6 funds
AGAINST
1 fund
BANKUNITED, INC. May 21, 2026 To approve the BankUnited, Inc. Amended and Restated 2023 Omnibus Equity Incentive Plan.
Compensation
Board For FOR
30 funds
AGAINST
1 fund
BAOSHAN IRON & STEEL CO LTD May 21, 2026 Approve Authorization of the Board to Handle All Related Matters
Compensation
Board For FOR
5 funds
AGAINST
3 funds
BAOSHAN IRON & STEEL CO LTD May 21, 2026 Approve Draft and Summary of Performance Shares Incentive Plan (Revised)
Compensation
Board For FOR
5 funds
AGAINST
3 funds
BAOSHAN IRON & STEEL CO LTD May 21, 2026 Approve Management Measures for Performance Shares Incentive Plan
Compensation
Board For FOR
5 funds
AGAINST
3 funds
BAOSHAN IRON & STEEL CO LTD May 21, 2026 Approve Methods to Assess the Performance of Plan Participants
Compensation
Board For FOR
5 funds
AGAINST
3 funds
BAWAG GROUP AG April 22, 2026 Approve Remuneration Report
Say-on-Pay
Board For FOR
7 funds
AGAINST
3 funds
BBMG CORP June 4, 2026 Approve Estimated New Cap for the Financial Assistance
Extraordinary Transactions
Board For FOR
6 funds
AGAINST
1 fund

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← All 20 managers, 2025-2026

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