Home › Asset managers › Compare › 2025-2026

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

Other items, 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	·	94.0	97.7	96.0	97.5	98.3	91.7	97.1	97.6	95.9	98.2	97.0	97.4	97.2	96.1	97.9	95.4	97.3	97.2	95.3
2. BlackRock	94.0	·	94.7	90.7	94.9	93.9	92.6	91.9	96.5	87.7	93.9	95.4	94.6	94.6	92.1	95.4	93.5	94.2	93.3	93.6
3. Fidelity	97.7	94.7	·	95.7	98.8	98.8	93.0	95.2	98.2	95.0	98.4	98.4	98.2	98.7	95.6	98.9	96.4	98.7	98.2	97.6
4. State Street	96.0	90.7	95.7	·	97.2	96.0	88.0	70.4	95.1	84.4	95.3	96.1	93.2	96.4	85.6	96.0	94.1	96.0	95.6	94.7
5. Dimensional	97.5	94.9	98.8	97.2	·	99.0	90.2	92.1	97.5	93.4	97.8	98.7	99.6	99.0	94.0	98.9	95.4	98.9	98.3	99.3
6. American Century	98.3	93.9	98.8	96.0	99.0	·	95.1	86.6	98.2	94.6	98.6	97.7	99.2	98.7	93.8	98.7	96.6	98.8	98.0	98.6
7. Invesco	91.7	92.6	93.0	88.0	90.2	95.1	·	85.7	94.3	94.1	93.2	92.0	96.6	91.1	93.4	94.2	92.4	93.2	91.1	95.5
8. Charles Schwab	97.1	91.9	95.2	70.4	92.1	86.6	85.7	·	94.3	77.2	90.5	95.9	90.3	76.2	96.0	88.8	82.7	87.3	76.7	73.0
9. Equitable	97.6	96.5	98.2	95.1	97.5	98.2	94.3	94.3	·	97.6	97.8	97.8	99.1	98.1	96.1	98.8	96.9	98.2	97.8	97.6
10. ProShares	95.9	87.7	95.0	84.4	93.4	94.6	94.1	77.2	97.6	·	93.4	92.4	100.0	99.8	92.5	92.5	84.5	97.7	99.6	99.3
11. TIAA	98.2	93.9	98.4	95.3	97.8	98.6	93.2	90.5	97.8	93.4	·	97.4	99.0	97.6	93.3	98.4	95.6	98.3	97.4	98.3
12. Goldman Sachs	97.0	95.4	98.4	96.1	98.7	97.7	92.0	95.9	97.8	92.4	97.4	·	98.1	98.6	94.3	98.3	95.6	98.0	97.9	98.1
13. John Hancock	97.4	94.6	98.2	93.2	99.6	99.2	96.6	90.3	99.1	100.0	99.0	98.1	·	99.5	97.6	98.9	96.7	98.8	99.5	98.5
14. Franklin Templeton	97.2	94.6	98.7	96.4	99.0	98.7	91.1	76.2	98.1	99.8	97.6	98.6	99.5	·	94.1	99.0	95.7	99.3	99.5	99.0
15. Prudential/PGIM	96.1	92.1	95.6	85.6	94.0	93.8	93.4	96.0	96.1	92.5	93.3	94.3	97.6	94.1	·	92.3	90.2	94.5	92.9	80.7
16. WisdomTree	97.9	95.4	98.9	96.0	98.9	98.7	94.2	88.8	98.8	92.5	98.4	98.3	98.9	99.0	92.3	·	96.3	98.9	98.2	99.1
17. JPMorgan	95.4	93.5	96.4	94.1	95.4	96.6	92.4	82.7	96.9	84.5	95.6	95.6	96.7	95.7	90.2	96.3	·	95.8	94.5	97.3
18. Northern Trust	97.3	94.2	98.7	96.0	98.9	98.8	93.2	87.3	98.2	97.7	98.3	98.0	98.8	99.3	94.5	98.9	95.8	·	98.9	98.8
19. DWS	97.2	93.3	98.2	95.6	98.3	98.0	91.1	76.7	97.8	99.6	97.4	97.9	99.5	99.5	92.9	98.2	94.5	98.9	·	98.7
20. Brighthouse	95.3	93.6	97.6	94.7	99.3	98.6	95.5	73.0	97.6	99.3	98.3	98.1	98.5	99.0	80.7	99.1	97.3	98.8	98.7	·

Least alike

Pair	Same position	Items where both took one	Split items (not in %)
State Street vs Charles Schwab	70.4%	763	23
Charles Schwab vs Brighthouse	73.0%	1,563	1,042
Charles Schwab vs Franklin Templeton	76.2%	453	62
Charles Schwab vs DWS	76.7%	791	0
Charles Schwab vs ProShares	77.2%	797	0
Prudential/PGIM vs Brighthouse	80.7%	2,291	1,112
Charles Schwab vs JPMorgan	82.7%	509	12
State Street vs ProShares	84.4%	2,327	27
ProShares vs JPMorgan	84.5%	1,304	11
State Street vs Prudential/PGIM	85.6%	1,496	165

Most alike

Pair	Same position	Items where both took one	Split items (not in %)
ProShares vs John Hancock	100.0%	846	192
ProShares vs Franklin Templeton	99.8%	1,549	69
ProShares vs DWS	99.6%	2,168	0
Dimensional vs John Hancock	99.6%	2,459	242
John Hancock vs Franklin Templeton	99.5%	2,115	270
John Hancock vs DWS	99.5%	2,865	264
Franklin Templeton vs DWS	99.5%	13,374	85
ProShares vs Brighthouse	99.3%	1,118	537
Dimensional vs Brighthouse	99.3%	7,718	624
Franklin Templeton vs Northern Trust	99.3%	13,422	273

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.