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

92.3% When both took a single position, they voted the same way on 92.3% of 73,021 items (67,420 the same, 5,601 different). 2,580 items where at least one of them split its funds are listed separately below. Both voted on 75,601 items in all.

Vanguard 2025-2026 · Invesco 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 75,60167,4205,601 2,58092.3%91.3%
Board proposals 61,10154,4514,443 2,20792.5%91.4%
E&S shareholder proposals 1731390 34100.0%95.8%
Other items 14,32712,8301,158 33991.7%91.0%

Where they did not vote alike

Everything Voted differently Split votes

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

1,158 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 recommendedVanguardInvesco
KAO CORPORATION April 30, 2026 Appoint Three Individuals to Investigate Status of Operations and Property of the Company including Potential Failures of Risk Management, Internal Controls and Board Oversight related to Palm Oil, Paper and Pulp Supply Chains
Corporate Governance
Other Against AGAINST
7 funds
FOR
4 funds
KEC International Limited August 8, 2025 Approve Material Related Party Transactions with Al Sharif Group & KEC Limited Company
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
KGHM POLSKA MIEDZ SA January 20, 2026 Approve Decision on Covering Costs of Convocation of EGM
Corporate Governance
Other None AGAINST
5 funds
ABSTAIN
1 fund
KGHM POLSKA MIEDZ SA January 20, 2026 Elect Supervisory Board Member
Director Elections
Other None AGAINST
5 funds
ABSTAIN
1 fund
KGHM POLSKA MIEDZ SA January 20, 2026 Recall Supervisory Board Member
Director Elections
Other None AGAINST
5 funds
ABSTAIN
1 fund
KIMBERLY-CLARK DE MEXICO SAB DE CV February 26, 2026 Amend Article 27 Re: Members and Alternates of Compensation Committee
Corporate Governance
Other For AGAINST
7 funds
FOR
1 fund
KIMBERLY-CLARK DE MEXICO SAB DE CV February 26, 2026 Authorize Board to Ratify and Execute Approved Resolutions
Corporate Governance
Other For FOR
7 funds
AGAINST
1 fund
KLABIN SA April 7, 2026 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 FOR
6 funds
AGAINST
3 funds
KLABIN SA April 7, 2026 Elect Directors (Slate 2 Proposed by Shareholder)
Director Elections
Other None AGAINST
6 funds
ABSTAIN
3 funds
KLABIN SA April 7, 2026 Elect Mauro Gentile Rodrigues da Cunha as Director and Tiago Curi Isaac as Alternate Appointed by Preferred Shareholder
Director Elections
Other None FOR
6 funds
ABSTAIN
3 funds
KLABIN SA April 7, 2026 Percentage of Votes to Be Assigned - Elect Roberto Diniz Junqueira Neto as Independent Director and Celio de Melo Almada as Alternate
Director Elections
Other None FOR
6 funds
ABSTAIN
3 funds
KOC HOLDING AS March 18, 2026 Approve Upper Limit of Donations for 2026 and Receive Information on Donations Made in 2025
Other Social Issues
Other For AGAINST
4 funds
FOR
1 fund
KURABO INDUSTRIES LTD. June 26, 2026 Amend Articles to Require Shareholder Approval for Introduction, Continuation, Amendment and Triggering of Takeover Defense (Poison Pill)
Shareholder Rights and Defenses
Other Against AGAINST
6 funds
FOR
2 funds
KUWAIT FINANCE HOUSE (K.S.C.) March 30, 2026 Approve Financing Directors and Related Parties, and Approve Transactions with Related Parties for FY 2026
Extraordinary Transactions
Other For AGAINST
5 funds
FOR
2 funds
Kadokawa Corp. June 24, 2026 Remove Incumbent Director Natsuno, Takeshi
Director Elections
Other Against AGAINST
6 funds
FOR
1 fund
Kalyan Jewellers India Ltd. September 12, 2025 Approve Acceptance of Deposits from Public/Members
Other
Other For AGAINST
6 funds
FOR
1 fund
Kobayashi Pharmaceutical Co., Ltd. March 27, 2026 Amend Articles to Appoint Outside Director as Chairman of the Board
Corporate Governance
Other Against AGAINST
7 funds
FOR
1 fund
Kyocera Corp. June 25, 2026 Appoint Shareholder Director Nominee Okamura, Kotaro
Director Elections
Other Against AGAINST
6 funds
FOR
4 funds
Kyocera Corp. June 25, 2026 Appoint Shareholder Director and Audit Committee Member Okamura, Kotaro
Director Elections
Other Against AGAINST
6 funds
FOR
4 funds
Kyocera Corp. June 25, 2026 Initiate Share Repurchase Program
Capital Structure
Other Against AGAINST
6 funds
FOR
4 funds
Kyocera Corp. June 25, 2026 Remove Incumbent Director Yamaguchi, Goro
Director Elections
Other Against AGAINST
6 funds
FOR
4 funds
L&F Co., Ltd. March 25, 2026 Amend Articles of Incorporation (Issuance Limit)
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
LATAM AIRLINES GROUP SA October 17, 2025 AUTHORIZE BOARD OF DIRECTORS TO RESOLVE AND IMPLEMENT ASPECTS, MODALITIES, ACTIONS AND DETAILS THAT MAY ARISE IN CONNECTION WITH ARTICLES AMENDMENTS AND OTHER AGREEMENTS ADOPTED AT MEETING
Corporate Governance
Other For AGAINST
7 funds
FOR
3 funds
LEGAL & GENERAL GROUP PLC May 21, 2026 Approve Climate and Nature Transition Plan
Environment or Climate
Other For ABSTAIN
8 funds
FOR
3 funds
LG Chem Ltd. March 31, 2026 Amend Articles of Incorporation (Advisory Shareholder Resolutions) (Shareholder Proposal)
Corporate Governance
Other Against AGAINST
6 funds
FOR
3 funds
LG Chem Ltd. March 31, 2026 Amend Articles of Incorporation (Lead Independent Director) (Shareholder Proposal)
Corporate Governance
Other Against AGAINST
6 funds
FOR
3 funds
LG Chem Ltd. March 31, 2026 Disclosure of the NAV Discount as a Major Financial Indicator in the Corporate Value-Up Plan
Corporate Governance
Other Against AGAINST
6 funds
FOR
3 funds
LG Chem Ltd. March 31, 2026 Reinforcement of the Shareholder Return Policy by Increasing the Monetization of LG Energy Solution Stakes and Utilizing Proceeds for Share Buybacks and Cancellation
Corporate Governance
Other Against AGAINST
6 funds
FOR
3 funds
LG Chem Ltd. March 31, 2026 Review by the Compensation Committee of the Introduction of Stock-Based Compensation to the Existing Executive Compensation Plan and Incorporating NAV Discount and ROE as Additional KPIs
Corporate Governance
Other Against AGAINST
6 funds
FOR
3 funds
LIG Nex1 Co., Ltd. March 31, 2026 Amend Articles of Incorporation (Convertible Securities)
Corporate Governance
Other For AGAINST
5 funds
FOR
3 funds
LINCOLN NATIONAL CORPORATION May 28, 2026 Shareholder proposal to amend our governing documents to provide for an independent chairman of the board.
Corporate Governance
Other Against AGAINST
21 funds
FOR
14 funds
LOTTE CHEMICAL CORPORATION March 20, 2026 Amend Articles of Incorporation (Number of Directors)
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
LOTTE CHEMICAL CORPORATION March 20, 2026 Amend Articles of Incorporation (Office Term)
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
LOTTE Fine Chemical Co., Ltd. March 19, 2026 Amend Articles of Incorporation (Office Term)
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
LOTTOMATICA GROUP S.P.A. April 20, 2026 Approve Internal Auditors' Remuneration
Compensation
Other None FOR
5 funds
ABSTAIN
1 fund
LOTTOMATICA GROUP S.P.A. April 20, 2026 Approve Remuneration of Directors
Compensation
Other None FOR
5 funds
ABSTAIN
1 fund
LOTTOMATICA GROUP S.P.A. April 20, 2026 Slate 2 Submitted by Institutional Investors (Assogestioni)
Corporate Governance
Other None AGAINST
5 funds
ABSTAIN
1 fund
LOTUS BAKERIES NV May 12, 2026 AUTHORIZE BOARD TO ISSUE SHARES IN THE EVENT OF A PUBLIC TENDER OFFER OR SHARE EXCHANGE OFFER AND RENEW AUTHORIZATION TO INCREASE SHARE CAPITAL WITHIN THE FRAMEWORK OF AUTHORIZED CAPITAL
Shareholder Rights and Defenses
Other For AGAINST
7 funds
FOR
3 funds
LOTUS BAKERIES NV May 12, 2026 AUTHORIZE BOARD TO REPURCHASE SHARES IN THE EVENT OF A SERIOUS AND IMMINENT HARM
Shareholder Rights and Defenses
Other For AGAINST
7 funds
FOR
3 funds
LOTUS BAKERIES NV May 12, 2026 AUTHORIZE IMPLEMENTATION OF APPROVED RESOLUTIONS AND FILING OF REQUIRED DOCUMENTS/FORMALITIES AT TRADE REGISTRY
Corporate Governance
Other For FOR
7 funds
AGAINST
3 funds
Lennar Corporation April 8, 2026 Vote on a stockholder proposal on Disclosure of Voting Result by Share Class.
Corporate Governance
Other Against AGAINST
22 funds
FOR
21 funds
Linde India Limited August 14, 2025 Accept Financial Statements and Statutory Reports
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
Lingyi iTech (Guangdong) Co. July 4, 2025 Approve Amendments to Articles of Association and Other Systems
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
Lite-On Technology Corp. May 20, 2026 Approve Amendments to Procedures Governing the Acquisition or Disposal of Assets
Corporate Governance
Other For AGAINST
7 funds
FOR
2 funds
Livzon Pharmaceutical Group Inc. December 10, 2025 Amend Administrative Measures for the Use of Raised Funds
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
Lloyds Metals & Energy Ltd. September 11, 2025 Approve Change in Designation of Shabbirhusein Shaikhadam Khandwawa from Non-Executive Independent Director to Non-Executive Non-Independent Director
Corporate Governance
Other For AGAINST
4 funds
FOR
2 funds
Lloyds Metals & Energy Ltd. September 11, 2025 Approve Material Related Party Transactions with Brahmani River Pellets Limited
Corporate Governance
Other For AGAINST
4 funds
FOR
2 funds
Lloyds Metals & Energy Ltd. September 11, 2025 Approve Material Related Party Transactions with Thriveni Pellets Private Limited
Corporate Governance
Other For AGAINST
4 funds
FOR
2 funds
Localiza Rent A Car SA August 1, 2025 In the Event of a Second Call, Can the Voting Instructions Contained in this Proxy Card Be Considered Valid for the Second Call?
Corporate Governance
Other None FOR
6 funds
ABSTAIN
3 funds
Lojas Renner SA September 18, 2025 Amend Article 6
Corporate Governance
Other For AGAINST
5 funds
FOR
3 funds
Longshine Technology Group Co., Ltd. December 9, 2025 Amend External Guarantee Management System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
Longshine Technology Group Co., Ltd. December 9, 2025 Amend External Investment Management System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
Longshine Technology Group Co., Ltd. December 9, 2025 Amend Investor Relations Management System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
Longshine Technology Group Co., Ltd. December 9, 2025 Amend Management Measures for Raised Funds
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
Longshine Technology Group Co., Ltd. December 9, 2025 Amend Related Party Transaction Management System
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
Longshine Technology Group Co., Ltd. December 9, 2025 Amend Rules and Procedures Regarding General Meetings of Shareholders
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
Longshine Technology Group Co., Ltd. December 9, 2025 Approve Amendments to Articles of Association
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
Loongson Technology Corp. Ltd. October 15, 2025 Amend Rules and Procedures Regarding General Meetings of Shareholders
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
MAS PLC August 27, 2025 Elect Des de Beer, a Shareholder Nominee to the Board
Director Elections
Other Contested AGAINST
5 funds
FOR
1 fund
MAS PLC August 27, 2025 Elect Robert Emslie, a Shareholder Nominee to the Board
Director Elections
Other Contested AGAINST
5 funds
FOR
1 fund
MAS PLC August 27, 2025 Elect Stephen Delport, a Shareholder Nominee to the Board
Director Elections
Other Contested AGAINST
5 funds
FOR
1 fund
MAS PLC August 27, 2025 Elect Sundeep Naran, a Shareholder Nominee to the Board
Director Elections
Other Contested AGAINST
5 funds
FOR
1 fund
MAS PLC August 27, 2025 Remove Mihail Vasilescu as Director
Director Elections
Other Contested FOR
5 funds
AGAINST
1 fund
MBANK S.A. September 18, 2025 APPROVE COLLECTIVE SUITABILITY ASSESSMENT OF SUPERVISORY BOARD MEMBERS
Corporate Governance
Other For AGAINST
7 funds
FOR
1 fund
MBANK S.A. September 18, 2025 APPROVE DECISION ON COVERING COSTS OF CONVOCATION OF EGM
Other
Other For AGAINST
7 funds
FOR
1 fund
MBANK S.A. September 18, 2025 ELECT SUPERVISORY BOARD MEMBER
Director Elections
Other For AGAINST
7 funds
FOR
1 fund
MELISRON LTD March 15, 2026 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Corporate Governance
Other None FOR
5 funds
AGAINST
3 funds
MELISRON LTD April 23, 2026 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Corporate Governance
Other None FOR
5 funds
AGAINST
2 funds
MERCIALYS April 23, 2026 Approve Company's Climate Transition Plan (Advisory)
Environment or Climate
Other For ABSTAIN
7 funds
FOR
2 funds
MERLIN PROPERTIES SOCIMI S.A April 28, 2026 Authorize Board to Ratify and Execute Approved Resolutions
Corporate Governance
Other For FOR
7 funds
AGAINST
6 funds
MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD March 18, 2026 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Corporate Governance
Other None FOR
4 funds
AGAINST
3 funds
MIRAIT One Corp. June 24, 2026 Appoint Shareholder Director Nominee Hayakawa, Kazuhide
Director Elections
Other Against AGAINST
6 funds
FOR
1 fund
MIVNE REAL ESTATE (K.D) LTD March 5, 2026 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Corporate Governance
Other None FOR
5 funds
AGAINST
2 funds
MONTEA NV May 19, 2026 Authorize Implementation of Approved Resolutions and Filing of Required Documents/Formalities at Trade Registry
Corporate Governance
Other For FOR
7 funds
AGAINST
1 fund
MOTA-ENGIL SGPS SA November 18, 2025 AMEND ARTICLES
Corporate Governance
Other None FOR
5 funds
ABSTAIN
1 fund
MOTA-ENGIL SGPS SA November 18, 2025 AUTHORIZE ISSUANCE OF BONDS
Capital Structure
Other None FOR
5 funds
ABSTAIN
1 fund
MYER HOLDINGS LTD December 11, 2025 Elect Stephen Mayne as Director
Director Elections
Other Against AGAINST
6 funds
FOR
1 fund
Maanshan Iron & Steel Company Limited December 24, 2025 Amend Articles of Association and Its Appendices and Approve Abolition of the Supervisory Committee
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
Matrix IT Ltd. December 10, 2025 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
5 funds
AGAINST
1 fund
Matrix IT Ltd. April 20, 2026 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
6 funds
AGAINST
2 funds
Maxscend Microelectronics Co., Ltd. July 16, 2025 Amend Information Disclosure Management Methods
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
Maxscend Microelectronics Co., Ltd. July 16, 2025 Amend Investor Relations Work Management System
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
Maxscend Microelectronics Co., Ltd. July 16, 2025 Amend Management System for Providing External Guarantees
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
Maxscend Microelectronics Co., Ltd. July 16, 2025 Amend Management System for Providing External Investments
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
Maxscend Microelectronics Co., Ltd. July 16, 2025 Amend Management System for Raised Funds
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
Maxscend Microelectronics Co., Ltd. July 16, 2025 Amend Related-Party Transaction Management System
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
Maxscend Microelectronics Co., Ltd. July 16, 2025 Amend Rules and Procedures Regarding General Meetings of Shareholders
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
Maxscend Microelectronics Co., Ltd. July 16, 2025 Amend System for Selection and Recruitment of Accounting Firm
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
Mega Or Holdings Ltd. May 4, 2026 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
6 funds
AGAINST
1 fund
Meiji Holdings Co., Ltd. June 26, 2026 Approve Restricted Stock Plan
Compensation
Other Against AGAINST
7 funds
FOR
3 funds
Menora Mivtachim Holdings Ltd. October 5, 2025 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
6 funds
AGAINST
1 fund
Menora Mivtachim Holdings Ltd. May 4, 2026 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
5 funds
AGAINST
3 funds
Merus N.V. December 9, 2025 Appointment of Anthony Pagano as non-executive director of Merus Opportunity for Merus Shareholders to make recommendations at the EGM to Merus' non-executive directors in respect of their nomination to appoint a non-executive director
Corporate Governance
Other None FOR
3 funds
ABSTAIN
3 funds
Merus N.V. December 9, 2025 Appointment of Greg Mueller as non-executive director of Merus Opportunity for Merus Shareholders to make recommendations at the EGM to Merus' non-executive directors in respect of their nomination to appoint a non-executive director
Corporate Governance
Other None FOR
3 funds
ABSTAIN
3 funds
Merus N.V. December 9, 2025 Appointment of Martine van Vugt, Ph.D., as non-executive director of Merus Opportunity for Merus Shareholders to make recommendations at the EGM to Merus' non-executive directors in respect of their nomination to appoint a non-executive director
Corporate Governance
Other None FOR
3 funds
ABSTAIN
3 funds
Migdal Insurance & Financial Holdings Ltd. September 28, 2025 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
4 funds
AGAINST
2 funds
Migdal Insurance & Financial Holdings Ltd. April 29, 2026 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
4 funds
AGAINST
3 funds
Mitsui Kinzoku Co., Ltd. June 26, 2026 Amend Articles to Require Individual Compensation Disclosure for Directors
Compensation
Other Against AGAINST
5 funds
FOR
2 funds
Mivne Real Estate (K.D) Ltd. May 28, 2026 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
6 funds
AGAINST
2 funds
Mizrahi Tefahot Bank Ltd. August 11, 2025 If you are an Institutional Investor as defined in Regulation 1 of the Supervision Financial Services Regulations 2009 or a Manager of a Joint Investment Trust Fund as defined in the Joint Investment Trust Law, 1994, vote FOR. Otherwise, vote against.
Other
Other None FOR
6 funds
AGAINST
4 funds

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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.