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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

734 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
THE SHERWIN-WILLIAMS COMPANY April 22, 2026 Shareholder Proposal Regarding Shareholder Ability to Call a Special Meeting
Shareholder Rights and Defenses
Other Against Split
11 FOR, 20 AGAINST
FOR
3 funds
THE TRADE DESK, INC. September 16, 2025 The approval of one or more adjournments of 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.
Corporate Governance
Other For Split
7 FOR, 22 AGAINST
AGAINST
5 funds
THE TRAVELERS COMPANIES, INC. May 20, 2026 Shareholder proposal relating to an independent board chairman, if presented at the Annual Meeting of Shareholders.
Corporate Governance
Other Against Split
1 FOR, 38 AGAINST
AGAINST
3 funds
THE WENDY'S COMPANY May 20, 2026 Stockholder proposal regarding a restriction on "blank-check" preferred stock, if properly presented at the Annual Meeting.
Capital Structure
Other Against Split
18 FOR, 4 AGAINST
FOR
1 fund
THE WESTERN UNION COMPANY May 14, 2026 Stockholder proposal regarding stockholder right to act by written consent
Shareholder Rights and Defenses
Other Against Split
6 FOR, 17 AGAINST
FOR
3 funds
TOTVS SA October 30, 2025 Do You Wish to Request Installation of a Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law?
Corporate Governance
Other Against ABSTAIN
6 funds
Split
1 AGAINST, 2 ABSTAIN
TYSON FOODS, INC. February 5, 2026 Shareholder proposal regarding disclosure of voting results based on class of shares.
Shareholder Rights and Defenses
Other Against Split
12 FOR, 27 AGAINST
FOR
3 funds
The Weir Group Plc April 30, 2026 Authorise the Company to Call General Meeting with Two Weeks' Notice
Corporate Governance
Other For Split
5 FOR, 1 AGAINST
FOR
2 funds
ULTA BEAUTY, INC. June 9, 2026 To approve an amendment to our Certificate of Incorporation, as amended, to limit officer liability as permitted by Delaware law.
Director Elections
Other For FOR
37 funds
Split
4 FOR, 1 AGAINST
UNILEVER PLC May 13, 2026 Authorise the Company to Call General Meeting with Two Weeks' Notice
Shareholder Rights and Defenses
Other For FOR
11 funds
Split
7 FOR, 1 AGAINST
UNITED AIRLINES HOLDINGS, INC. May 19, 2026 Advisory vote on stockholder proposal entitled "Shareholder Right to Act by Written Consent".
Shareholder Rights and Defenses
Other Against Split
10 FOR, 30 AGAINST
FOR
3 funds
UNITED RENTALS, INC. May 8, 2026 Stockholder Proposal on Directors Who Fail to Obtain a Majority Vote
Corporate Governance
Other Against Split
10 FOR, 24 AGAINST
Split
1 FOR, 3 AGAINST
UNIVERSAL HEALTH SERVICES, INC. May 20, 2026 Stockholder proposal to report votes based on UHS shareholder money at risk, if properly presented at the meeting.
Shareholder Rights and Defenses
Other Against Split
8 FOR, 22 AGAINST
FOR
4 funds
VALE SA April 30, 2026 Elect Adriana de Andrade Sole as Fiscal Council Member and Pedro Zannoni as Alternate
Corporate Governance
Other None FOR
6 funds
Split
3 FOR, 1 ABSTAIN
VALE SA April 30, 2026 Elect Marcio de Souza as Fiscal Council Member and Alessandra Eloy Gadelha as Alternate
Corporate Governance
Other None FOR
6 funds
Split
3 FOR, 1 ABSTAIN
VALE SA April 30, 2026 Elect Raphael Manhaes Martins as Fiscal Council Member and Jandaraci Ferreira de Araujo as Alternate
Corporate Governance
Other None FOR
6 funds
Split
3 FOR, 1 ABSTAIN
VERISK ANALYTICS, INC. May 19, 2026 Shareholder Proposal - Shareholder Right to Act by Written Consent.
Shareholder Rights and Defenses
Other Against Split
13 FOR, 22 AGAINST
FOR
5 funds
VERTEX PHARMACEUTICALS INCORPORATED May 13, 2026 Shareholder Proposal, if properly presented at the meeting, regarding shareholder right to act by written consent.
Shareholder Rights and Defenses
Other Against Split
12 FOR, 21 AGAINST
FOR
3 funds
VISA INC. January 27, 2026 Shareholder proposal on shareholder right to act by written consent.
Shareholder Rights and Defenses
Other Against Split
10 FOR, 33 AGAINST
Split
3 FOR, 4 AGAINST
VISA INC. January 27, 2026 Shareholder proposal requesting the Board of Directors to adopt a policy for an independent chair.
Corporate Governance
Other Against Split
6 FOR, 36 AGAINST
Split
1 FOR, 7 AGAINST
VISA INC. January 27, 2026 To approve amendments to our Eighth Restated Certificate of Incorporation to limit officer liability as permitted by Delaware law.
Director Elections
Other For FOR
43 funds
Split
3 FOR, 4 AGAINST
WALMART INC. June 4, 2026 Approval of an Amendment to our Restated Certificate of Incorporation to limit the liability of certain officers as permitted by Delaware law
Director Elections
Other For Split
40 FOR, 1 AGAINST
Split
4 FOR, 5 AGAINST
WALMART INC. June 4, 2026 Request for Cumulative Voting for Board Elections
Shareholder Rights and Defenses
Other Against AGAINST
42 funds
Split
4 FOR, 5 AGAINST
WEC ENERGY GROUP, INC. May 7, 2026 Stockholder proposal to govern by majority vote
Shareholder Rights and Defenses
Other Against Split
10 FOR, 22 AGAINST
Split
4 FOR, 1 AGAINST
WELLS FARGO & COMPANY April 28, 2026 Shareholder Proposal - Govern by Majority Vote.
Shareholder Rights and Defenses
Other Against Split
9 FOR, 37 AGAINST
Split
5 FOR, 1 AGAINST
WELLS FARGO & COMPANY April 28, 2026 Shareholder Proposal - Request for Board of Directors to Adopt Policy for an Independent Chair.
Corporate Governance
Other Against Split
6 FOR, 42 AGAINST
Split
5 FOR, 1 AGAINST
WEST PHARMACEUTICAL SERVICES, INC. May 4, 2026 Shareholder proposal regarding an independent Board Chair policy.
Corporate Governance
Other Against Split
1 FOR, 33 AGAINST
FOR
2 funds
WORKDAY, INC. June 16, 2026 To consider and vote upon a stockholder proposal regarding disclosure of voting results based on share class.
Shareholder Rights and Defenses
Other Against Split
12 FOR, 24 AGAINST
FOR
1 fund
WYNDHAM HOTELS & RESORTS, INC. May 14, 2026 To vote on a stockholder proposal, if properly presented at the meeting, regarding stockholder ability to act by written consent.
Shareholder Rights and Defenses
Other Against Split
26 FOR, 1 AGAINST
FOR
1 fund
Xiamen Faratronic Co., Ltd. December 24, 2025 Amend Rules and Procedures Regarding General Meetings of Shareholders
Corporate Governance
Other For Split
1 FOR, 5 AGAINST
AGAINST
1 fund
Xiamen Faratronic Co., Ltd. December 24, 2025 Amend Rules and Procedures Regarding Meetings of Board of Directors
Corporate Governance
Other For Split
1 FOR, 5 AGAINST
AGAINST
1 fund
YUM! BRANDS, INC. May 14, 2026 Shareholder Proposal to Reduce the Percentage of Shares Required to Call a Special Meeting.
Shareholder Rights and Defenses
Other Against Split
12 FOR, 23 AGAINST
FOR
4 funds
ZIMMER BIOMET HOLDINGS, INC. May 22, 2026 Shareholder Proposal on Independent Board Chairman.
Corporate Governance
Other Against AGAINST
37 funds
Split
1 FOR, 2 AGAINST
ZOETIS INC. May 20, 2026 Shareholder proposal to permit shareholder action by written consent.
Shareholder Rights and Defenses
Other Against Split
14 FOR, 24 AGAINST
FOR
3 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.