proxyvotesnow.com

Home › Asset managers › Compare 2025-2026 › Vanguard vs Northern Trust

Vanguard vs Northern Trust: how alike they voted, 2025-2026

93.6% When both took a single position, they voted the same way on 93.6% of 95,912 items (89,809 the same, 6,103 different). 3,739 items where at least one of them split its funds are listed separately below. Both voted on 99,651 items in all.

Vanguard 2025-2026 · Northern Trust 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 99,65189,8096,103 3,73993.6%92.5%
Board proposals 76,27267,5725,451 3,24992.5%91.3%
E&S shareholder proposals 1747728 6973.3%66.3%
Other items 23,20522,160624 42197.3%96.6%

Where they did not vote alike

Everything Voted differently Split votes

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

624 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 recommendedVanguardNorthern Trust
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Description of the Basis and Fairness and Reasonableness of the Pricing of the Transaction
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Distribution Arrangement of Undistributed Earnings
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Fluctuations in the Stock Price over the 20 Trading Days Prior to the Initial Announcement of this Transaction
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Impact of Dilution of Current Returns on Major Financial Indicators and the Relevant Measures to be Taken
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 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
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Issue Amount
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Lock-Up Period Arrangement
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve No Paid Hiring of Other Third-party Institutions or Individuals in this Transaction
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Overall Plan
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Pricing Reference Date, Pricing Basis and Issue Price
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Purchase and Sale of Assets Within 12 Months Before this Transaction
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Relevant Entities Does Not Participate in Related to Major Asset Restructuring of Listed Companies
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Report (Draft) and Summary on Acquisition by Cash and Issuance of Shares as well as Raising Supporting Funds
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Resolution Validity Period
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Share Type, Par Value and Listing Exchange
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Specific Details
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Supplemental Agreements, Performance Commitment and Compensation Agreements for Acquisition by Cash and Issuance of Shares
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Target Subscribers
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Target Subscribers and Subscription Method
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Transaction Complies with Article 11, 43 and 44 of Measures for the Administration of Major Asset Restructuring of Listed Companies
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Transaction Complies with the Supervision of Listed Companies No. 9 - Regulatory Requirements for Listed Companies to Plan and Implement Major Asset Restructuring
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Transaction Constitute as Related-Party Transaction
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Transaction Constitutes as Major Asset Restructuring but Does Not Constitute as Restructuring and Listing
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Transaction Does Not Comply with Article 11 of Measures for the Administration of Registration of Securities Issuance by Listed Companies
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Transaction Price and Payment Methods
Extraordinary Transactions
Other For FOR
6 funds
AGAINST
1 fund
Keda Industrial Group Co., Ltd. April 28, 2026 Approve Use of Proceeds
Capital Structure
Other For FOR
6 funds
AGAINST
1 fund
Kintetsu Group Holdings Co., Ltd. June 19, 2026 Amend Articles to Amend Business Lines - Adopt Board Structure with Audit Committee - Amend Provisions on Number of Directors - Authorize Directors to Execute Day to Day Operations without Full Board Approval
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
Kocaer Celik Sanayi ve Ticaret AS June 4, 2026 Approve Discharge of Board
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
Kocaer Celik Sanayi ve Ticaret AS June 4, 2026 Wishes
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
Konica Minolta, Inc. June 17, 2026 Amend Articles to Change Location of Head Office - Allow Virtual Only Shareholder Meetings
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
Korea Zinc Co., Ltd. March 24, 2026 Amend Articles of Incorporation (Chairman of Shareholder Meeting) (Shareholder Proposal)
Corporate Governance
Other Against AGAINST
2 funds
FOR
2 funds
Kyocera Corp. June 25, 2026 Appoint Shareholder Director Nominee Okamura, Kotaro
Director Elections
Other Against AGAINST
6 funds
FOR
3 funds
Kyocera Corp. June 25, 2026 Appoint Shareholder Director and Audit Committee Member Okamura, Kotaro
Director Elections
Other Against AGAINST
6 funds
FOR
3 funds
Kyocera Corp. June 25, 2026 Initiate Share Repurchase Program
Capital Structure
Other Against AGAINST
6 funds
FOR
3 funds
LANDIS+GYR GROUP AG June 26, 2026 Approve Virtual-Only Shareholder Meetings
Corporate Governance
Other For FOR
6 funds
AGAINST
2 funds
LEGAL & GENERAL GROUP PLC May 21, 2026 Approve Climate and Nature Transition Plan
Environment or Climate
Other For ABSTAIN
8 funds
FOR
6 funds
LG Chem Ltd. March 31, 2026 Amend Articles of Incorporation (Advisory Shareholder Resolutions) (Shareholder Proposal)
Corporate Governance
Other Against AGAINST
6 funds
FOR
2 funds
LG Chem Ltd. March 31, 2026 Amend Articles of Incorporation (Lead Independent Director) (Shareholder Proposal)
Corporate Governance
Other Against AGAINST
6 funds
FOR
2 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
2 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
2 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
2 funds
LOTTE CHEMICAL CORPORATION March 20, 2026 Amend Articles of Incorporation (Number of Directors)
Corporate Governance
Other For AGAINST
6 funds
FOR
1 fund
LPP SA July 11, 2025 Approve Discharge of Jagoda Piechocka (Supervisory Board Member)
Corporate Governance
Other For FOR
8 funds
AGAINST
3 funds
LPP SA July 11, 2025 Approve Discharge of Piotr Piechocki (Supervisory Board Member)
Corporate Governance
Other For FOR
8 funds
AGAINST
3 funds
LUNDIN MINING CORP May 7, 2026 SP 1: Disclose Greenhouse Gas Emissions (GHG) Reduction Strategy
Environment or Climate
Other Against AGAINST
5 funds
FOR
4 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
2 funds
Lufax Holding Ltd December 29, 2025 Approve 2026 Ping An Consumer Finance Collaboration Agreement, Proposed Annual Caps and Related Transactions
Corporate Governance
Other For FOR
5 funds
AGAINST
1 fund
MEDICOVER AB April 29, 2026 APPROVE NOMINATION COMMITTEE PROCEDURES
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
MERCIALYS April 23, 2026 Approve Company's Climate Transition Plan (Advisory)
Environment or Climate
Other For ABSTAIN
7 funds
FOR
2 funds
MFE-MEDIAFOREUROPE N.V. June 24, 2026 APPROVE DISCHARGE OF DANILO PELLEGRINO AS NON-EXECUTIVE DIRECTOR
Director Elections
Other For FOR
6 funds
AGAINST
1 fund
MFE-MEDIAFOREUROPE N.V. June 24, 2026 APPROVE DISCHARGE OF GINA NIERI AS EXECUTIVE DIRECTOR
Director Elections
Other For FOR
6 funds
AGAINST
1 fund
MFE-MEDIAFOREUROPE N.V. June 24, 2026 APPROVE DISCHARGE OF MARCO GIORDANI AS EXECUTIVE DIRECTOR
Director Elections
Other For FOR
6 funds
AGAINST
1 fund
MFE-MEDIAFOREUROPE N.V. June 24, 2026 APPROVE DISCHARGE OF MARINA BERLUSCONI AS NON-EXECUTIVE DIRECTOR
Director Elections
Other For FOR
6 funds
AGAINST
1 fund
MFE-MEDIAFOREUROPE N.V. June 24, 2026 APPROVE DISCHARGE OF NICCOLO QUERCI AS EXECUTIVE DIRECTOR
Director Elections
Other For FOR
6 funds
AGAINST
1 fund
MFE-MEDIAFOREUROPE N.V. June 24, 2026 APPROVE DISCHARGE OF STEFANO SALA AS EXECUTIVE DIRECTOR
Director Elections
Other For FOR
6 funds
AGAINST
1 fund
MIRAIT One Corp. June 24, 2026 Appoint Shareholder Director Nominee Hayakawa, Kazuhide
Director Elections
Other Against AGAINST
6 funds
FOR
1 fund
MODON HOLDING P.S.C March 31, 2026 Accept Financial Statements and Statutory Reports for FY 2025
Corporate Governance
Other For FOR
5 funds
ABSTAIN
1 fund
MODON HOLDING P.S.C March 31, 2026 Amend Company's Articles of Association
Corporate Governance
Other Not determined AGAINST
5 funds
ABSTAIN
1 fund
MODON HOLDING P.S.C March 31, 2026 Approve Absence of Dividends for FY 2025 and Carryover the Dividends Achieved in 2025 to the Next Year
Corporate Governance
Other For FOR
5 funds
ABSTAIN
1 fund
MODON HOLDING P.S.C March 31, 2026 Approve Auditors' Report on Company Financial Statements for FY 2025
Corporate Governance
Other For FOR
5 funds
ABSTAIN
1 fund
MODON HOLDING P.S.C March 31, 2026 Approve Board Annual Report on Company Operations and Its Financial Statement for FY 2025
Corporate Governance
Other For FOR
5 funds
ABSTAIN
1 fund
MODON HOLDING P.S.C March 31, 2026 Approve Discharge of Auditors for FY 2025
Audit-related
Other For FOR
5 funds
ABSTAIN
1 fund
MODON HOLDING P.S.C March 31, 2026 Approve Discharge of Directors for FY 2025
Director Elections
Other For FOR
5 funds
ABSTAIN
1 fund
MODON HOLDING P.S.C March 31, 2026 Approve Reappointment of the Current Auditor Ernst & Young Middle East for FY 2026 and Fix Their Remuneration
Corporate Governance
Other For FOR
5 funds
ABSTAIN
1 fund
MODON HOLDING P.S.C March 31, 2026 Approve Remuneration of Directors from Net Profit for the Financial Year 2025
Corporate Governance
Other Not determined AGAINST
5 funds
ABSTAIN
1 fund
MODON HOLDING P.S.C March 31, 2026 Authorize Chairman of the Meeting to Appoint the Meeting Secretary and the Vote Collector
Corporate Governance
Other For FOR
5 funds
ABSTAIN
1 fund
Makalot Industrial Co., Ltd. May 26, 2026 Approve Release of Restrictions of Competitive Activities of Newly Appointed Directors
Corporate Governance
Other For AGAINST
5 funds
FOR
1 fund
Marex Group plc May 21, 2026 Amend Articles of Association
Corporate Governance
Other For FOR
5 funds
AGAINST
2 funds
Mayr-Melnhof Karton AG April 29, 2026 Approve Virtual-Only or Hybrid Shareholder Meetings Until 2031
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
Metaplanet, Inc. September 1, 2025 Amend Articles to Allow Virtual Only Shareholder Meetings
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
2 funds
Monex Group, Inc. June 27, 2026 Amend Articles to Allow Virtual Only Shareholder Meetings
Corporate Governance
Other For FOR
6 funds
AGAINST
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
2 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
2 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
2 funds
NAURA Technology Group Co., Ltd. December 8, 2025 Approve Stock Option Incentive Plan and Its Summary
Compensation
Other For FOR
7 funds
AGAINST
2 funds
NEC Corp. June 19, 2026 Amend Articles to Allow Virtual Only Shareholder Meetings
Corporate Governance
Other For FOR
7 funds
AGAINST
4 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
NINGXIA BAOFENG ENERGY GROUP CO LTD April 3, 2026 Elect Zhang Minglin as Director
Director Elections
Other For FOR
4 funds
AGAINST
2 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
Nanjing Iron & Steel Co., Ltd. January 26, 2026 Approve Related Party Transaction
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
Nanjing Iron & Steel Co., Ltd. April 8, 2026 Approve Related Party Transaction
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
Nanjing Tanker Corp. November 12, 2025 Approve Signing the Financial Services Agreement
Corporate Governance
Other For FOR
4 funds
AGAINST
1 fund
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
5 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
Nitta Corp. June 25, 2026 Approve Additional Dividend so that Dividend Equals to 100 Percent of Earnings per Share
Capital Structure
Other Against AGAINST
6 funds
FOR
1 fund
Noevir Holdings Co., Ltd. December 9, 2025 Amend Articles to Allow Virtual Only Shareholder Meetings
Corporate Governance
Other For FOR
6 funds
AGAINST
1 fund
Noritake Co., Ltd. June 25, 2026 Amend Articles to Delete Language Authorizing Board to Determine Income Allocation and Share Buybacks
Capital Structure
Other Against AGAINST
6 funds
FOR
1 fund
Noritake Co., Ltd. June 25, 2026 Approve Additional Dividend so that Dividend Equals to 8 Percent of Equity
Capital Structure
Other Against AGAINST
6 funds
FOR
1 fund
North Industries Group Red Arrow Co., Ltd. May 15, 2026 Approve Financial Service Agreement
Corporate Governance
Other For FOR
4 funds
AGAINST
1 fund
OCEANAGOLD CORP June 9, 2026 ALLOW SHAREHOLDER MEETINGS TO BE HELD IN VIRTUAL-ONLY FORMAT
Corporate Governance
Other For FOR
5 funds
AGAINST
2 funds
OFFSHORE OIL ENGINEERING CO LTD June 23, 2026 Approve Financial Services Framework Agreement
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
1 fund
OFFSHORE OIL ENGINEERING CO LTD June 23, 2026 Approve Related Party Transaction
Extraordinary Transactions
Other For FOR
4 funds
AGAINST
1 fund
ORANGE POLSKA S.A. April 10, 2026 Elect Clarisse Dubreuil as Supervisory Board Member
Director Elections
Other None FOR
6 funds
AGAINST
1 fund
ORANGE POLSKA S.A. April 10, 2026 Elect Usman Javaid as Supervisory Board Member
Director Elections
Other None FOR
6 funds
AGAINST
1 fund
ORIENT SECURITIES CO LTD March 20, 2026 Elect Zhou Lei as Director
Director Elections
Other For FOR
6 funds
AGAINST
1 fund

← Previous Page 4 of 7 Next →

← 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.