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iShares U.S. ETF Trust
fund voting report, part of BlackRock and iShares
- Vote records reported
- 3,143year to 30 June 2026
- Against management
- 3.9%121 of 3,139 marked votes
- Say-on-pay support
- 93.8%for, of for + against + abstain
- Shareholder-proposal support
- 14.9%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2026, iShares U.S. ETF Trust reported 3,143 vote records on Form N-PX. 121 of the 3,139 votes that were marked for or against management went against management: 3.9%, 2.4 percentage points below the median fund registrant (6.2%).
Weighted by the number of shares voted, the against-management share is 8.1%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.
On pay and on shareholder proposals: it voted for 93.8% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 14.9% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in CAPITAL STRUCTURE (48.0% of 25), SHAREHOLDER RIGHTS AND DEFENSES (20.3% of 69) and OTHER SOCIAL ISSUES (17.9% of 28).
It reported 242,750 shares out on loan at record dates, 0.43% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.
| year to 30 June 2026 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 3.9% | 6.2% | 10.6% |
| Say-on-pay support rate | 93.8% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 14.9% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 0.43% | 0.00% | 3.12% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Votes by category
Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 2,252 | 2,192 | 15 | 2.5% | |
| SECTION 14A SAY-ON-PAY VOTES | 278 | 244 | 16 | 5.8% | |
| AUDIT-RELATED | 265 | 265 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 70 | 28 | 42 | 20.3% | |
| EXTRAORDINARY TRANSACTIONS | 8 | 7 | 1 | 12.5% | |
| CAPITAL STRUCTURE | 25 | 17 | 8 | 48.0% | |
| COMPENSATION | 87 | 79 | 8 | 11.5% | |
| CORPORATE GOVERNANCE | 130 | 29 | 101 | 6.9% | |
| ENVIRONMENT OR CLIMATE | 34 | 3 | 30 | 11.8% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 41 | 4 | 37 | 10.0% | |
| DIVERSITY, EQUITY, AND INCLUSION | 18 | 0 | 18 | 0.0% | |
| OTHER SOCIAL ISSUES | 28 | 5 | 23 | 17.9% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 4,190 | 2.5% | 95.3% | 9.8% | |
| year to 30 June 2025 | 3,481 | 2.9% | 98.9% | 7.4% | |
| year to 30 June 2026 | 3,143 | 3.9% | 93.8% | 14.9% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, iShares U.S. ETF Trust voted against management on 14 of the 242 it marked either way (5.8%) in the year to 30 June 2026.
- Broadcom Inc. 20 Apr 2026
- Adobe Inc. 15 Apr 2026
- PayPal Holdings, Inc. 19 May 2026
- Snowflake Inc. 29 Jun 2026
- Cloudflare, Inc. 30 Jun 2026
- The Trade Desk, Inc. 4 May 2026
- lululemon athletica inc. 25 Jun 2026
- Carvana Co. 5 May 2026
- Global Payments Inc. 30 Apr 2026
- Rivian Automotive, Inc. 22 Jun 2026
- Tyson Foods, Inc. 5 Feb 2026
- CoStar Group, Inc. 23 Jun 2026
- Wingstop Inc. 21 May 2026
- Chemed Corporation 18 May 2026
Shareholder proposals it supported
Of 178 proposals from security holders that could be told apart in the filings and on which it cast a vote, iShares U.S. ETF Trust voted for 26 (14.6%). Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting... |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on AI-generated misinformation |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding a report on impact of U.S. immigration policy |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| Walmart Inc. | 4 Jun 2026 | Report on Workplace Health and Safety Governance |
| Adobe Inc. | 15 Apr 2026 | Stockholder Proposal Regarding Vote on Golden Parachutes. |
| PALANTIR TECHNOLOGIES INC. | 3 Jun 2026 | Stockholder proposal entitled "Human Rights Impact Assessment," |
| PALANTIR TECHNOLOGIES INC. | 3 Jun 2026 | Stockholder proposal entitled "Political Spending Disclosure," |
| Starbucks Corporation | 25 Mar 2026 | Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority... |
| Palo Alto Networks, Inc. | 9 Dec 2025 | To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding... |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding annual vote regarding executive pay. |
| Meta Platforms, Inc. | 27 May 2026 | Shareholder Proposal Regarding Data Protection Impact Assessment |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding disclosure of voting results by share class. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding dual class capital structure. |
| United Parcel Service, Inc. | 7 May 2026 | To require UPS to provide an additional report describing the alignment of its operations and investments... |
| O'Reilly Automotive, Inc. | 14 May 2026 | Shareholder proposal entitled "Avoid Brand Damage due to Corporate Political Spending." |
| Airbnb, Inc. | 5 Jun 2026 | Dual-class sunset; and |
| Tyson Foods, Inc. | 5 Feb 2026 | Shareholder proposal regarding disclosure of voting results based on class of shares. |
| Tyson Foods, Inc. | 5 Feb 2026 | Shareholder proposal regarding report on the anticipated impact of recent changes in US immigration... |
| BJ's Wholesale Club Holdings, Inc. | 18 Jun 2026 | Vote on a shareholder proposal regarding a report on greenhouse gas emissions reduction efforts |
| Norwegian Cruise Line Holdings Ltd. | 11 Jun 2026 | To consider and vote upon one shareholder proposal |
| Henry Schein, Inc. | 21 May 2026 | Proposal to approve, by non-binding vote, a shareholder proposal to Govern by Majority Vote. |
| Five Below, Inc. | 16 Jun 2026 | Shareholder proposal requesting that provisions in the Company's governance documents requiring greater... |
| Wyndham Hotels & Resorts, Inc. | 14 May 2026 | To vote on a stockholder proposal, if properly presented at the meeting, regarding stockholder ability to... |
| AutoNation, Inc. | 28 Apr 2026 | Adoption of stockholder proposal regarding GHG report. |
| The Wendy's Company | 20 May 2026 | S/h proposal - corporate governance |
Shares on loan
iShares U.S. ETF Trust reported 242,750 shares on loan at record dates against 56.6 million shares voted: 0.43% of the two together. Median fund registrant: 0.00%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.
Fund series in this filing
2 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.
| Series | Vote records | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|---|
| iShares U.S. Consumer Focused ETF | 2,122 | 2.8% | 95.4% | 15.7% |
| iShares U.S. Tech Independence Focused ETF | 1,021 | 6.1% | 90.2% | 14.1% |
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 28 Aug 2026 accession 0001438934-26-002350
- Every N-PX filing by this filer on EDGAR
Questions
How did iShares U.S. ETF Trust vote on executive pay?
In the year to 30 June 2026 iShares U.S. ETF Trust reported 260 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 244 were for (93.8%), 16 against and 0 abstentions. Counting one item per company meeting, it voted against management on 14 of the 242 say-on-pay items it marked either way.
How often does iShares U.S. ETF Trust vote against management?
3.9% of the time in the year to 30 June 2026: 121 of the 3,139 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.
Did iShares U.S. ETF Trust support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 34 votes on proposals from security holders in the year to 30 June 2026 and voted for 3 of them (8.8%). Across every category it voted for 14.9% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.
Is this the result of the meetings?
No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.
Where does the data come from?
From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by iShares U.S. ETF Trust (filer no. 1524513), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.