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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

All ballot 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	·	93.2	96.1	92.5	93.5	93.7	92.3	96.0	94.3	93.8	93.0	94.9	95.1	94.4	93.9	94.1	90.7	93.6	94.2	88.9
2. BlackRock	93.2	·	94.0	90.4	92.2	90.9	91.7	96.0	95.5	93.5	91.3	94.6	93.9	94.1	94.6	93.1	92.6	92.2	93.0	91.9
3. Fidelity	96.1	94.0	·	94.1	95.0	95.7	93.4	96.7	96.4	95.3	94.4	96.2	96.6	97.0	94.9	96.5	93.6	95.6	96.2	95.1
4. State Street	92.5	90.4	94.1	·	93.3	93.1	89.8	92.5	93.8	90.7	91.6	92.8	93.6	94.0	91.4	93.6	90.9	93.0	93.0	92.9
5. Dimensional	93.5	92.2	95.0	93.3	·	97.2	89.7	90.9	94.6	96.0	93.0	94.2	98.7	98.6	97.1	96.7	92.4	94.9	97.2	98.5
6. American Century	93.7	90.9	95.7	93.1	97.2	·	91.6	88.6	95.0	96.0	93.3	93.8	94.9	98.3	93.6	97.1	92.0	94.9	97.1	97.5
7. Invesco	92.3	91.7	93.4	89.8	89.7	91.6	·	93.0	93.3	91.6	90.0	92.3	93.5	91.4	92.0	92.5	90.4	92.3	91.4	91.8
8. Charles Schwab	96.0	96.0	96.7	92.5	90.9	88.6	93.0	·	96.6	92.4	91.2	95.3	93.8	94.1	93.9	92.8	90.0	94.3	92.2	65.9
9. Equitable	94.3	95.5	96.4	93.8	94.6	95.0	93.3	96.6	·	96.4	94.2	95.8	96.8	96.6	95.8	95.9	92.9	95.8	95.9	94.9
10. ProShares	93.8	93.5	95.3	90.7	96.0	96.0	91.6	92.4	96.4	·	91.6	92.5	99.8	99.6	96.1	93.9	89.5	94.4	98.3	99.3
11. TIAA	93.0	91.3	94.4	91.6	93.0	93.3	90.0	91.2	94.2	91.6	·	92.9	93.5	94.8	91.7	93.5	91.4	93.2	93.4	92.8
12. Goldman Sachs	94.9	94.6	96.2	92.8	94.2	93.8	92.3	95.3	95.8	92.5	92.9	·	94.7	96.1	93.1	95.2	93.2	95.0	95.1	93.0
13. John Hancock	95.1	93.9	96.6	93.6	98.7	94.9	93.5	93.8	96.8	99.8	93.5	94.7	·	99.3	97.2	95.6	92.0	95.1	98.9	97.7
14. Franklin Templeton	94.4	94.1	97.0	94.0	98.6	98.3	91.4	94.1	96.6	99.6	94.8	96.1	99.3	·	96.2	98.0	92.9	97.1	99.2	98.7
15. Prudential/PGIM	93.9	94.6	94.9	91.4	97.1	93.6	92.0	93.9	95.8	96.1	91.7	93.1	97.2	96.2	·	92.8	93.0	93.4	94.7	78.1
16. WisdomTree	94.1	93.1	96.5	93.6	96.7	97.1	92.5	92.8	95.9	93.9	93.5	95.2	95.6	98.0	92.8	·	92.3	95.6	97.1	97.2
17. JPMorgan	90.7	92.6	93.6	90.9	92.4	92.0	90.4	90.0	92.9	89.5	91.4	93.2	92.0	92.9	93.0	92.3	·	92.8	92.2	93.8
18. Northern Trust	93.6	92.2	95.6	93.0	94.9	94.9	92.3	94.3	95.8	94.4	93.2	95.0	95.1	97.1	93.4	95.6	92.8	·	96.2	94.3
19. DWS	94.2	93.0	96.2	93.0	97.2	97.1	91.4	92.2	95.9	98.3	93.4	95.1	98.9	99.2	94.7	97.1	92.2	96.2	·	98.1
20. Brighthouse	88.9	91.9	95.1	92.9	98.5	97.5	91.8	65.9	94.9	99.3	92.8	93.0	97.7	98.7	78.1	97.2	93.8	94.3	98.1	·

Least alike

Pair	Same position	Items where both took one	Split items (not in %)
Charles Schwab vs Brighthouse	65.9%	14,103	13,349
Prudential/PGIM vs Brighthouse	78.1%	20,841	14,001
American Century vs Charles Schwab	88.6%	13,933	100
Vanguard vs Brighthouse	88.9%	62,145	14,643
ProShares vs JPMorgan	89.5%	8,073	90
Dimensional vs Invesco	89.7%	62,453	577
State Street vs Invesco	89.8%	73,351	726
Invesco vs TIAA	90.0%	71,171	554
Charles Schwab vs JPMorgan	90.0%	5,164	103
BlackRock vs State Street	90.4%	61,050	1,498

Most alike

Pair	Same position	Items where both took one	Split items (not in %)
ProShares vs John Hancock	99.8%	10,601	742
ProShares vs Franklin Templeton	99.6%	16,719	243
John Hancock vs Franklin Templeton	99.3%	11,147	917
ProShares vs Brighthouse	99.3%	14,414	10,538
Franklin Templeton vs DWS	99.2%	54,743	293
John Hancock vs DWS	98.9%	16,964	1,099
Dimensional vs John Hancock	98.7%	18,645	989
Franklin Templeton vs Brighthouse	98.7%	25,577	7,905
Dimensional vs Franklin Templeton	98.6%	55,976	332
Dimensional vs Brighthouse	98.5%	55,385	10,630

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.