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How alike do the 20 largest managers vote? 2025-2026

Each cell answers one question for a pair of managers: on the ballot items of the 2025-2026 proxy season where each of them took a single position (all of its funds voted the same way), how often was it the same position? Items where at least one of them split its funds are left out of the percentage, and counted and listed separately on the pair’s page. Click a cell for the pair: every item where they voted differently or split, with links to the company pages, and a CSV.

Note on Brighthouse: its funds did not all vote the same way on 12.0% of the 120,192 ballot items it voted (14,436 items). Those items are left out of its percentages, so they rest on fewer items than for most managers; the split items are listed on each of its pair pages.

2023-2024 2024-20252025-2026

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

Board proposals, 2025-2026: when both took a single position, % of items where it was the same one. Darker = less alike (shading is relative to this table). Hover a cell for the counts.
	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20
1. Vanguard	·	92.9	95.6	91.2	92.1	92.5	92.5	95.9	93.6	93.6	91.5	94.2	94.6	93.5	93.7	93.1	89.3	92.5	93.4	87.8
2. BlackRock	92.9	·	93.8	90.3	91.5	89.8	91.5	96.3	95.2	94.3	90.4	94.3	93.8	93.9	94.9	92.3	92.4	91.6	93.0	91.5
3. Fidelity	95.6	93.8	·	93.6	94.1	95.0	93.4	96.8	96.1	95.3	93.3	95.7	96.3	96.5	94.8	95.9	92.5	94.7	95.7	94.6
4. State Street	91.2	90.3	93.6	·	91.9	92.2	90.3	93.7	93.5	91.4	90.6	91.7	93.7	93.1	91.8	92.9	89.8	92.0	92.2	92.5
5. Dimensional	92.1	91.5	94.1	91.9	·	96.9	89.6	90.7	94.1	96.2	91.9	92.9	98.6	98.5	97.3	96.3	91.3	93.8	97.0	98.3
6. American Century	92.5	89.8	95.0	92.2	96.9	·	90.9	88.6	94.4	96.1	92.0	92.9	94.1	98.2	93.6	96.8	90.5	94.0	96.9	97.3
7. Invesco	92.5	91.5	93.4	90.3	89.6	90.9	·	93.3	93.1	91.4	89.3	92.3	92.9	91.4	91.9	92.1	89.7	92.1	91.5	91.1
8. Charles Schwab	95.9	96.3	96.8	93.7	90.7	88.6	93.3	·	96.8	93.3	91.4	95.2	94.1	95.1	93.5	92.9	90.7	94.8	93.4	64.9
9. Equitable	93.6	95.2	96.1	93.5	94.1	94.4	93.1	96.8	·	96.3	93.4	95.3	96.3	96.2	95.8	95.4	91.6	95.3	95.5	94.5
10. ProShares	93.6	94.3	95.3	91.4	96.2	96.1	91.4	93.3	96.3	·	91.5	92.5	99.8	99.6	96.3	94.1	90.5	94.2	98.3	99.3
11. TIAA	91.5	90.4	93.3	90.6	91.9	92.0	89.3	91.4	93.4	91.5	·	91.7	92.4	94.0	91.7	92.4	89.9	91.7	92.4	91.7
12. Goldman Sachs	94.2	94.3	95.7	91.7	92.9	92.9	92.3	95.2	95.3	92.5	91.7	·	94.1	95.2	92.9	94.4	92.3	94.2	94.3	91.9
13. John Hancock	94.6	93.8	96.3	93.7	98.6	94.1	92.9	94.1	96.3	99.8	92.4	94.1	·	99.3	97.2	94.9	91.1	94.4	98.9	97.5
14. Franklin Templeton	93.5	93.9	96.5	93.1	98.5	98.2	91.4	95.1	96.2	99.6	94.0	95.2	99.3	·	96.4	97.8	91.7	96.4	99.2	98.7
15. Prudential/PGIM	93.7	94.9	94.8	91.8	97.3	93.6	91.9	93.5	95.8	96.3	91.7	92.9	97.2	96.4	·	92.8	93.5	93.4	95.0	77.8
16. WisdomTree	93.1	92.3	95.9	92.9	96.3	96.8	92.1	92.9	95.4	94.1	92.4	94.4	94.9	97.8	92.8	·	90.9	94.9	96.9	96.9
17. JPMorgan	89.3	92.4	92.5	89.8	91.3	90.5	89.7	90.7	91.6	90.5	89.9	92.3	91.1	91.7	93.5	90.9	·	91.7	91.5	92.9
18. Northern Trust	92.5	91.6	94.7	92.0	93.8	94.0	92.1	94.8	95.3	94.2	91.7	94.2	94.4	96.4	93.4	94.9	91.7	·	95.5	93.2
19. DWS	93.4	93.0	95.7	92.2	97.0	96.9	91.5	93.4	95.5	98.3	92.4	94.3	98.9	99.2	95.0	96.9	91.5	95.5	·	97.9
20. Brighthouse	87.8	91.5	94.6	92.5	98.3	97.3	91.1	64.9	94.5	99.3	91.7	91.9	97.5	98.7	77.8	96.9	92.9	93.2	97.9	·

Least alike

Pair	Same position	Items where both took one	Split items (not in %)
Charles Schwab vs Brighthouse	64.9%	12,515	12,132
Prudential/PGIM vs Brighthouse	77.8%	18,547	12,699
Vanguard vs Brighthouse	87.8%	52,672	13,531
American Century vs Charles Schwab	88.6%	13,063	75
Invesco vs TIAA	89.3%	58,042	400
Vanguard vs JPMorgan	89.3%	39,635	1,417
Dimensional vs Invesco	89.6%	52,674	398
Invesco vs JPMorgan	89.7%	24,621	356
BlackRock vs American Century	89.8%	37,996	1,141
State Street vs JPMorgan	89.8%	30,390	61

Most alike

Pair	Same position	Items where both took one	Split items (not in %)
ProShares vs John Hancock	99.8%	9,664	487
ProShares vs Franklin Templeton	99.6%	15,018	160
John Hancock vs Franklin Templeton	99.3%	8,944	585
ProShares vs Brighthouse	99.3%	13,296	9,830
Franklin Templeton vs DWS	99.2%	41,217	194
John Hancock vs DWS	98.9%	14,007	771
Franklin Templeton vs Brighthouse	98.7%	20,395	7,175
Dimensional vs John Hancock	98.6%	16,101	677
Dimensional vs Franklin Templeton	98.5%	42,248	207
ProShares vs DWS	98.3%	24,707	0

How this is counted

Which managers: The 20 managers that reported the most votes on Form N-PX for the season. A “manager” is the fund family as it appears on its own manager page.
Common items: One proposal at one company meeting that both managers voted on. Two filings are matched to the same proposal by the company’s CUSIP number, the meeting date and the proposal’s wording, not by how the company’s name was spelled. Funds that reported “not voted”, frequency ballots (one, two or three years) and votes whose direction cannot be established are left out.
Same position: A manager’s position on an item is the vote all of its voting funds cast: FOR, AGAINST (AGAINST and WITHHOLD are counted as the same position, both opposing the item) or ABSTAIN. If its funds did not all vote the same way, its position is “split”. Each fund counts once per item, whatever its share count.
The percentage: Of the common items on which both managers took a single position, the share where it was the same one. Items where either manager split are not in the percentage; they are counted beside it and listed on the pair’s page.
Board, E&S and other: Who put an item on the ballot, as on the manager pages: the filers’ own N-PX answer, Item 1(h), where they give it. “Other” is everything else, including governance proposals from shareholders.

Built October 13, 2026 from SEC Form N-PX filings. See the methodology.