Home / Capital Group and American Funds / Capital Group Equity ETF Trust I
Capital Group Equity ETF Trust I
fund voting report, part of Capital Group and American Funds
- Vote records reported
- 2,315year to 30 June 2026
- Against management
- 4.4%101 of 2,312 marked votes
- Say-on-pay support
- 83.7%for, of for + against + abstain
- Shareholder-proposal support
- 31.1%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
Capital Group Equity ETF Trust I reported 2,315 vote records for the year to 30 June 2026. It marked 4.4% of its votes as cast against management (101 of 2,312), 1.9 percentage points below the median fund registrant, which was 6.2%.
Weighted by the number of shares voted, the against-management share is 3.6%. 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 83.7% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 31.1% 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 (42.3% of 26), CORPORATE GOVERNANCE (27.6% of 123) and SECTION 14A SAY-ON-PAY VOTES (16.0% of 206).
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 | 4.4% | 6.2% | 10.6% |
| Say-on-pay support rate | 83.7% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 31.1% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 0.00% | 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 | 1,638 | 1,628 | 5 | 0.6% | |
| SECTION 14A SAY-ON-PAY VOTES | 206 | 159 | 31 | 16.0% | |
| AUDIT-RELATED | 194 | 194 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 11 | 9 | 2 | 36.4% | |
| EXTRAORDINARY TRANSACTIONS | 9 | 7 | 2 | 22.2% | |
| CAPITAL STRUCTURE | 26 | 18 | 8 | 42.3% | |
| COMPENSATION | 62 | 52 | 10 | 12.9% | |
| CORPORATE GOVERNANCE | 126 | 95 | 31 | 27.6% | |
| ENVIRONMENT OR CLIMATE | 37 | 1 | 36 | 0.0% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 17 | 2 | 15 | 5.9% | |
| DIVERSITY, EQUITY, AND INCLUSION | 20 | 3 | 17 | 10.0% | |
| OTHER SOCIAL ISSUES | 43 | 3 | 40 | 4.7% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2025 | 741 | 2.6% | 86.6% | 39.1% | |
| year to 30 June 2026 | 2,315 | 4.4% | 83.7% | 31.1% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, Capital Group Equity ETF Trust I voted against management on 27 of the 168 it marked either way (16.1%) in the year to 30 June 2026.
- Tesla, Inc. 6 Nov 2025
- Comcast Corporation 10 Jun 2026
- Fiserv, Inc. 21 May 2026
- AppLovin Corporation 3 Jun 2026
- Copart, Inc. 5 Dec 2025
- Cloudflare, Inc. 30 Jun 2026
- Apollo Global Management, Inc. 8 Jun 2026
- Charter Communications, Inc. 21 Apr 2026
- The Estee Lauder Companies Inc. 13 Nov 2025
- Live Nation Entertainment, Inc. 11 Jun 2026
- Roblox Corporation 28 May 2026
- Brown & Brown, Inc. 6 May 2026
- Bloom Energy Corporation 21 May 2026
- MongoDB, Inc. 30 Jun 2026
- Toast, Inc. 12 Jun 2026
- COREWEAVE, INC. 8 Jun 2026
- Affirm Holdings, Inc. 15 Dec 2025
- CAVA GROUP INC 22 Jun 2026
- Element Solutions Inc 4 May 2026
- WEX Inc. 14 May 2026
- Procore Technologies, Inc. 4 Jun 2026
- Hamilton Lane Incorporated 4 Sep 2025
- TPG Inc. 3 Jun 2026
- Alignment Healthcare, Inc. 4 Jun 2026
- StepStone Group Inc. 9 Sep 2025
- GPGI, Inc. 11 Jun 2026
- Klaviyo, Inc. 9 Jun 2026
Shareholder proposals it supported
Of 117 proposals from security holders that could be told apart in the filings and on which it cast a vote, Capital Group Equity ETF Trust I voted for 36 (30.8%). 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 equal shareholder voting |
| Visa Inc. | 27 Jan 2026 | Shareholder proposal on shareholder right to act by written consent. |
| Mastercard Incorporated | 16 Jun 2026 | Consideration of a stockholder proposal regarding shareholder right to act by written consent |
| Eli Lilly and Company | 4 May 2026 | Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair. |
| Berkshire Hathaway Inc. | 2 May 2026 | Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework... |
| UnitedHealth Group Incorporated | 1 Jun 2026 | If properly presented at the 2026 Annual Meeting of Shareholders, the shareholder proposal requesting the... |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to... |
| Tesla, Inc. | 6 Nov 2025 | Declassify the Board of Directors |
| Tesla, Inc. | 6 Nov 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| AT&T INC. | 14 May 2026 | EEO-1 Report Disclosure Policy |
| AT&T INC. | 14 May 2026 | Shareholder Right to Act by Written Consent |
| Wells Fargo & Company | 28 Apr 2026 | Shareholder Proposal - Govern by Majority Vote. |
| Texas Instruments Incorporated | 16 Apr 2026 | Stockholder proposal to permit stockholders to act by written consent. |
| Comcast Corporation | 10 Jun 2026 | Adopt policy to have an independent chair |
| Starbucks Corporation | 25 Mar 2026 | Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority... |
| Micron Technology, Inc. | 15 Jan 2026 | Reduce Ownership Threshold for Shareholders to Call Special Meeting |
| CVS Health Corporation | 14 May 2026 | Stockholder Proposal for Reducing the Threshold for Our Stockholder Right to Act By Written Consent. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding annual vote regarding executive pay. |
| 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. |
| Vertex Pharmaceuticals Incorporated | 13 May 2026 | Shareholder proposal, if properly presented at the meeting, regarding shareholder right to act by written... |
| Yum! Brands, Inc. | 14 May 2026 | Shareholder Proposal to Reduce the Percentage of Shares Required to Call a Special Meeting. |
| AppLovin Corporation | 3 Jun 2026 | Stockholder proposal regarding disclosure of voting results by class of shares |
| Cognizant Technology Solutions Corporation | 2 Jun 2026 | Shareholder proposal to adopt shareholder right to act by written consent |
| Keysight Technologies, Inc. | 19 Mar 2026 | Consider, on a non-binding advisory basis, a Stockholder Proposal: Shareholder Ability to Call for a... |
| Charter Communications, Inc. | 21 Apr 2026 | Stockholder proposal regarding political expenditures report. |
| Humana Inc. | 16 Apr 2026 | The stockholder proposal requesting shareholder approval requirement for excessive golden parachutes |
| BJ's Wholesale Club Holdings, Inc. | 18 Jun 2026 | Vote on a shareholder proposal regarding adopting a majority voting standard |
| Entegris, Inc. | 6 May 2026 | Stockholder Proposal: Providing stockholders the right to call special meetings of stockholders. |
| Assurant, Inc. | 21 May 2026 | Stockholder proposal regarding action by written consent. |
| Five Below, Inc. | 16 Jun 2026 | Shareholder proposal requesting that provisions in the Company's governance documents requiring greater... |
| AGCO Corporation | 23 Apr 2026 | Stockholder proposal regarding giving stockholders an ability to call for a special stockholder meeting |
| Exxon Mobil Corporation | 27 May 2026 | Shareholder proposal: CORPORATE GOVERNANCE |
| Exxon Mobil Corporation | 27 May 2026 | Proposal requesting Company to modify its Voluntary Retail Voting Program to provide multiple options not... |
Shares on loan
Capital Group Equity ETF Trust I reported no shares on loan for the year to 30 June 2026. 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
3 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 |
|---|---|---|---|---|
| Capital Group U.S. Small and Mid Cap ETF | 1,053 | 4.4% | 78.4% | 40.0% |
| Capital Group U.S. Large Value ETF | 843 | 3.8% | 94.6% | 30.4% |
| Capital Group U.S. Large Growth ETF | 419 | 5.5% | 79.4% | 29.4% |
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 0001104659-26-103027
- Every N-PX filing by this filer on EDGAR
Questions
How did Capital Group Equity ETF Trust I vote on executive pay?
In the year to 30 June 2026 Capital Group Equity ETF Trust I reported 190 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 159 were for (83.7%), 31 against and 0 abstentions. Counting one item per company meeting, it voted against management on 27 of the 168 say-on-pay items it marked either way.
How often does Capital Group Equity ETF Trust I vote against management?
4.4% of the time in the year to 30 June 2026: 101 of the 2,312 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 Capital Group Equity ETF Trust I support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 36 votes on proposals from security holders in the year to 30 June 2026 and voted for 0 of them (0.0%). Across every category it voted for 31.1% 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 Capital Group Equity ETF Trust I (filer no. 2034928), 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.