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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

5,053 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
BIM BIRLESIK MAGAZALAR A.S. December 19, 2025 Approve Share Capital Increase with Preemptive Rights
Capital Structure
Board For AGAINST
7 funds
FOR
1 fund
BIO-RAD LABORATORIES, INC. April 21, 2026 Nominees: Arnold A. Pinkston
Director Elections
Board For FOR
17 funds
AGAINST
1 fund
BIO-RAD LABORATORIES, INC. April 21, 2026 Nominees: Melinda Litherland
Director Elections
Board For FOR
17 funds
AGAINST
1 fund
BIOMERIEUX SA May 28, 2026 APPROVE COMPENSATION REPORT OF CORPORATE OFFICERS
Compensation
Board For FOR
6 funds
AGAINST
2 funds
BIOMERIEUX SA May 28, 2026 ELECT FRANCOIS LACOSTE AS DIRECTOR
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BIOMERIEUX SA May 28, 2026 REELECT ALEXANDRE MERIEUX AS DIRECTOR
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BIOTE CORP. May 12, 2026 To elect two Class I directors, each to serve until our 2029 annual meeting of stockholders and until their successors are duly elected and qualified or until their death, resignation or removal; Andrew R. Heyer
Director Elections
Board For FOR
7 funds
WITHHOLD
1 fund
BLUE MOON GROUP HOLDINGS LIMITED May 22, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights
Capital Structure
Board For FOR
6 funds
AGAINST
2 funds
BLUE MOON GROUP HOLDINGS LIMITED May 22, 2026 Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration
Audit-related
Board For FOR
6 funds
AGAINST
2 funds
BLUE MOON GROUP HOLDINGS LIMITED May 22, 2026 Authorize Reissuance of Repurchased Shares
Capital Structure
Board For FOR
6 funds
AGAINST
2 funds
BOARDWALK REAL ESTATE INVESTMENT TRUST May 4, 2026 ELECT TRUSTEE ANDREA GOERTZ
Director Elections
Board For FOR
6 funds
WITHHOLD
1 fund
BOC AVIATION LTD June 2, 2026 Authorize Reissuance of Repurchased Shares
Capital Structure
Board For FOR
8 funds
AGAINST
1 fund
BOC AVIATION LTD June 2, 2026 Elect Chen Xiang as Director
Director Elections
Board For FOR
8 funds
AGAINST
1 fund
BOC AVIATION LTD June 2, 2026 Elect Dai Deming as Director
Director Elections
Board For FOR
8 funds
AGAINST
1 fund
BOE TECHNOLOGY GROUP CO LTD April 24, 2026 Approve Authorization of the Board to Handle All Related Matters
Compensation
Board For FOR
5 funds
AGAINST
2 funds
BOE TECHNOLOGY GROUP CO LTD April 24, 2026 Approve Draft and Summary of Performance Share Incentive Plan
Compensation
Board For FOR
5 funds
AGAINST
2 funds
BOE TECHNOLOGY GROUP CO LTD April 24, 2026 Approve Methods to Assess the Performance of Plan Participants
Compensation
Board For FOR
5 funds
AGAINST
2 funds
BOLLORE SE May 27, 2026 APPROVE COMPENSATION OF CYRILLE BOLLORE, CHAIRMAN AND CEO
Say-on-Pay
Board For AGAINST
6 funds
FOR
2 funds
BOLLORE SE May 27, 2026 APPROVE COMPENSATION REPORT
Compensation
Board For AGAINST
6 funds
FOR
2 funds
BOLLORE SE May 27, 2026 AUTHORIZE REPURCHASE OF UP TO 9.95 PERCENT OF ISSUED SHARE CAPITAL
Capital Structure
Board For FOR
6 funds
AGAINST
2 funds
BOLLORE SE May 27, 2026 REELECT BOLLORE PARTICIPATIONS SE AS DIRECTOR
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BOLLORE SE May 27, 2026 REELECT CYRILLE BOLLORE AS DIRECTOR
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BOLLORE SE May 27, 2026 REELECT MARIE BOLLORE AS DIRECTOR
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BOOT BARN HOLDINGS, INC. August 27, 2025 Election of Directors: Lisa G. Laube
Director Elections
Board For FOR
15 funds
WITHHOLD
1 fund
BOUYGUES April 23, 2026 AUTHORIZE REPURCHASE OF UP TO 5 PERCENT OF ISSUED SHARE CAPITAL
Capital Structure
Board For FOR
6 funds
AGAINST
3 funds
BOX, INC. June 25, 2026 To approve an amendment to our Amended and Restated 2015 Equity Incentive Plan to increase the number of shares reserved for issuance by 7,200,000 shares.
Compensation
Board For FOR
25 funds
AGAINST
2 funds
BRANDYWINE REALTY TRUST May 28, 2026 Adoption of an amendment to the 2023 Long-Term Incentive Plan to increase the term of the plan and the number of the common shares that may be issued thereunder.
Compensation
Board For FOR
10 funds
AGAINST
1 fund
BRAVA ENERGIA SA April 20, 2026 Elect Directors
Director Elections
Board For FOR
4 funds
AGAINST
2 funds
BRENNTAG SE May 20, 2026 APPROVE REMUNERATION POLICY
Say-on-Pay
Board For FOR
6 funds
AGAINST
3 funds
BRENNTAG SE May 20, 2026 APPROVE REMUNERATION REPORT
Say-on-Pay
Board For FOR
6 funds
AGAINST
3 funds
BRF SA August 5, 2025 Approve Agreement to Acquire All Company's Shares by Marfrig Global Foods S.A.
Extraordinary Transactions
Board For FOR
6 funds
AGAINST
2 funds
BRF SA August 5, 2025 Approve Independent Firm's Appraisal (Re: Acquisition of Shares)
Extraordinary Transactions
Board For FOR
6 funds
AGAINST
2 funds
BRF SA August 5, 2025 Approve Independent Firm's Appraisal (Re: Appraisal 264)
Extraordinary Transactions
Board For FOR
6 funds
AGAINST
2 funds
BRF SA August 5, 2025 Ratify Apsis Consultoria Empresarial Ltda. as Independent Firm to Appraise Proposed Transaction
Extraordinary Transactions
Board For FOR
6 funds
AGAINST
2 funds
BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD June 18, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights
Capital Structure
Board For FOR
6 funds
AGAINST
2 funds
BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD June 18, 2026 Authorize Reissuance of Repurchased Shares
Capital Structure
Board For FOR
6 funds
AGAINST
2 funds
BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD June 18, 2026 Elect Song Jian as Director
Director Elections
Board For FOR
6 funds
AGAINST
2 funds
BUDWEISER BREWING COMPANY APAC LIMITED May 14, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights
Capital Structure
Board Not determined FOR
8 funds
AGAINST
3 funds
BUDWEISER BREWING COMPANY APAC LIMITED May 14, 2026 Authorize Reissuance of Repurchased Shares
Capital Structure
Board Not determined FOR
8 funds
AGAINST
3 funds
BYD COMPANY LTD June 9, 2026 Approve General and Unconditional Mandate to the Board of Directors of BYD Electronic (International) Company Limited to Allot, Issue and Deal with New Shares of BYD Electronic
Capital Structure
Board For FOR
5 funds
AGAINST
6 funds
BYD COMPANY LTD June 9, 2026 Approve Grant to the Board a General Mandate to Allot, Issue and Deal with Additional H Shares in the Capital of the Company
Capital Structure
Board For FOR
5 funds
AGAINST
6 funds
BYD ELECTRONIC (INTERNATIONAL) CO LTD June 9, 2026 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights
Capital Structure
Board For FOR
6 funds
AGAINST
2 funds
BYD ELECTRONIC (INTERNATIONAL) CO LTD June 9, 2026 Authorize Reissuance of Repurchased Shares
Capital Structure
Board For FOR
6 funds
AGAINST
2 funds
Banco del Bajio SA, Institucion de Banca Multiple April 29, 2026 Elect and/or Ratify Salvador Onate Barron as Board Chair
Director Elections
Board For AGAINST
7 funds
FOR
2 funds
Banco del Bajio SA, Institucion de Banca Multiple April 29, 2026 Elect and/or Ratify Salvador Onate Barron as Director
Director Elections
Board For AGAINST
7 funds
FOR
2 funds
Bandhan Bank Limited August 21, 2025 Approve V. Singhi & Associates, Chartered Accountants as Joint Statutory Auditors and Authorize Board to Fix Their Remuneration
Audit-related
Board For AGAINST
5 funds
FOR
2 funds
Bank of India June 15, 2026 Approve Appointment of Pramod Kumar Dwibedi as Executive Director
Compensation
Board For FOR
6 funds
AGAINST
3 funds
BeOne Medicines AG June 11, 2026 THAT Dr. Alessandro Riva be and is hereby re-elected to serve as a director of the Company for a term extending until completion of the 2027 annual general meeting.
Director Elections
Board For FOR
3 funds
AGAINST
2 funds
BeOne Medicines AG June 11, 2026 THAT Mr. John V. Oyler be and is hereby re-elected to serve as Chairman of the Board of Directors of the Company for a term extending until completion of the 2027 annual general meeting.
Corporate Governance
Board For FOR
3 funds
AGAINST
2 funds
BeOne Medicines AG June 11, 2026 THAT the Company and its underwriters be and are hereby authorized, in their sole discretion, to allocate to Amgen Inc. ("Amgen"), up to a maximum amount of shares in order to maintain the same shareholding percentage of Amgen (based on the then-outstanding share capital of the Company) before and after the allocation of the corresponding securities issued pursuant to an offering conducted pursuant to the general mandate set forth in Resolution 17 for a period of five years, which period will be subject to an extension on a rolling basis each year.
Capital Structure
Board For FOR
3 funds
AGAINST
2 funds
BeOne Medicines AG June 11, 2026 THAT the Fifth Amended and Restated 2016 Share Option and Incentive Plan be and is hereby approved.
Compensation
Board For FOR
3 funds
AGAINST
2 funds
BeOne Medicines AG June 11, 2026 THAT the granting of a share issue mandate to the Board of Directors to issue, allot or deal with unissued ordinary shares and/or American Depositary Shares ("ADSs") (including any sale or transfer of treasury shares out of treasury) not exceeding 20% of the total number of issued shares of the Company (excluding treasury shares) as of the date of passing of this resolution up to the next annual general meeting of shareholders of the Company be and is hereby approved.
Capital Structure
Board For FOR
3 funds
AGAINST
2 funds
BeOne Medicines AG June 11, 2026 THAT, the maximum aggregate compensation for the Board of Directors for the period between the 2026 annual general meeting and the 2027 annual general meeting, be and is hereby approved.
Compensation
Board For FOR
3 funds
AGAINST
2 funds
BeOne Medicines Ltd. June 11, 2026 THAT Mr. John V. Oyler be and is hereby re-elected to serve as Chairman of the Board of Directors of the Company for a term extending until completion of the 2027 annual general meeting.
Director Elections
Board For FOR
2 funds
AGAINST
2 funds
BeOne Medicines Ltd. June 11, 2026 THAT the Company and its underwriters be and are hereby authorized, in their sole discretion, to allocate to Amgen Inc. ("Amgen"), up to a maximum amount of shares in order to maintain the same shareholding percentage of Amgen (based on the then-outstanding share capital of the Company) before and after the allocation of the corresponding securities issued pursuant to an offering conducted pursuant to the general mandate set forth in Resolution 17 for a period of five years, which period will be subject to an extension on a rolling basis each year.
Capital Structure
Board For FOR
2 funds
AGAINST
2 funds
BeOne Medicines Ltd. June 11, 2026 THAT the Fifth Amended and Restated 2016 Share Option and Incentive Plan be and is hereby approved.
Compensation
Board For FOR
2 funds
AGAINST
2 funds
BeOne Medicines Ltd. June 11, 2026 THAT the granting of a share issue mandate to the Board of Directors to issue, allot or deal with unissued ordinary shares and/or American Depositary Shares ("ADSs") (including any sale or transfer of treasury shares out of treasury) not exceeding 20% of the total number of issued shares of the Company (excluding treasury shares) as of the date of passing of this resolution up to the next annual general meeting of shareholders of the Company be and is hereby approved.
Capital Structure
Board For FOR
2 funds
AGAINST
2 funds
Beijing Capital International Airport Company Limited June 17, 2026 Approve Deloitte Touche Tohmatsu and Deloitte Touche Tohmatsu Certified Public Accountants LLP (Special General Partnership) as International and Domestic Auditors, Respectively, and Authorize Board to Fix Their Remuneration
Audit-related
Board For FOR
5 funds
AGAINST
2 funds
Beijing Jingneng Power Co., Ltd. June 23, 2026 Approve Financing Lease Business with Beijing Energy Group Finance Co., Ltd.
Capital Structure
Board For FOR
4 funds
AGAINST
1 fund
Beijing Oriental Yuhong Waterproof Technology Co., Ltd. November 19, 2025 Elect Li Weiguo as Director
Director Elections
Board For AGAINST
1 fund
FOR
2 funds
Beijing Oriental Yuhong Waterproof Technology Co., Ltd. November 19, 2025 Elect Xiang Jinming as Director
Director Elections
Board For AGAINST
1 fund
FOR
2 funds
Beijing Oriental Yuhong Waterproof Technology Co., Ltd. November 19, 2025 Elect Xu Limin as Director
Director Elections
Board For AGAINST
1 fund
FOR
2 funds
Beijing Oriental Yuhong Waterproof Technology Co., Ltd. November 19, 2025 Elect Yang Haocheng as Director
Director Elections
Board For AGAINST
1 fund
FOR
2 funds
Beijing Oriental Yuhong Waterproof Technology Co., Ltd. November 19, 2025 Elect Zhang Ying as Director
Director Elections
Board For AGAINST
1 fund
FOR
2 funds
Beijing Oriental Yuhong Waterproof Technology Co., Ltd. March 20, 2026 Approve Provision of Guarantee for Credit Lines Application of Subsidiary
Capital Structure
Board For FOR
1 fund
AGAINST
1 fund
Beijing Roborock Technology Co., Ltd. September 17, 2025 Approve Authorization of the Board to Handle All Related Matters Regarding Business Partner Shareholding Plan
Compensation
Board For FOR
6 funds
AGAINST
2 funds
Beijing Roborock Technology Co., Ltd. September 17, 2025 Approve Authorization of the Board to Handle All Related Matters Regarding Performance Shares Incentive Plan
Compensation
Board For FOR
6 funds
AGAINST
2 funds
Beijing Roborock Technology Co., Ltd. September 17, 2025 Approve Draft and Summary of Business Partner Shareholding Plan
Compensation
Board For FOR
6 funds
AGAINST
2 funds
Beijing Roborock Technology Co., Ltd. September 17, 2025 Approve Draft and Summary of Performance Shares Incentive Plan
Compensation
Board For FOR
6 funds
AGAINST
2 funds
Beijing Roborock Technology Co., Ltd. September 17, 2025 Approve Methods to Assess the Performance of Plan Participants Regarding Business Partner Shareholding Plan
Compensation
Board For FOR
6 funds
AGAINST
2 funds
Beijing Roborock Technology Co., Ltd. September 17, 2025 Approve Methods to Assess the Performance of Plan Participants Regarding Performance Shares Incentive Plan
Compensation
Board For FOR
6 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Arrangement of Accumulated Undistributed Profits
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Authorization of the Board to Handle All Related Matters
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Company's Eligibility for Acquisition by Issuance of Shares
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Completeness and Compliance of Implementation of Legal Proceedings of the Transactions and Validity of the Submitted Legal Documents Regarding This Transaction
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Independence of Appraiser, the Validity of Hypothesis, the Relevance of Valuation Purpose and Approach as Well as the Fairness of Pricing
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Issuance Price Adjustment Mechanism
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Issuance Quantity
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Issue Type and Par Value
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Overall Transaction Plan
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Pricing Reference Date, Pricing Basis and Issuance Price
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Proposal on Measures and Commitment Matters for Diluting Immediate Returns in This Transaction
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Report (Draft) and Summary on Company's Acquisition by Issuance of Shares
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Resolution Validity Period
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Share Lock-up Period Arrangement
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Signing of Transaction Agreements with Effective Conditions
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Target Subscribers
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve This Transaction Does Not Constitute as Related Party Transaction, Major Asset Restructuring and Restructuring Listing
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Transaction Complies with Article 11 of Administrative Measures for the Registration of Securities Issuance by Listed Companies
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Transaction Complies with Article 4 of Listed Company Supervision Guidelines No. 9 - Regulatory Requirements for Listed Companies to Plan and Implement Major Asset Restructuring
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Transaction Complies with Articles 11, 43 and 44 of the Measures for the Administration of Major Asset Restructuring of Listed Companies
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve Transitional Arrangements
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve the Audit Report, Valuation Report and Pro Forma Review Report Related to the Transaction
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve the Company's Stock Price Fluctuations in the 20 Trading Days Prior to the Announcement of the Transaction
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve the Confidentiality Measures and Confidentiality System Adopted for This Transaction
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve the Direct or Indirect Paid Employment of Other Third-Party Institutions or Individuals in This Transaction
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve the Non Participation of Relevant Parties in Any Major Asset Restructuring of Listed Companies in This Transaction
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. September 1, 2025 Approve the Purchase and Sale of Assets Within the 12 Months Prior to This Transaction
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shiji Information Technology Co., Ltd. April 16, 2026 Approve Use of Funds for Cash Management
Extraordinary Transactions
Board For FOR
4 funds
AGAINST
2 funds
Beijing Shougang Co., Ltd. February 6, 2026 Approve Authorization of the Board to Handle All Related Matters
Compensation
Board For FOR
5 funds
AGAINST
1 fund

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How items are matched and positions counted: see the comparison table and the methodology. Built October 25, 2026 from SEC Form N-PX filings.