Indicative and subjunctive conditionals are in non-complimentary distribution: there are conversational contexts at which both are licensed (Stalnaker 1975; Karttunen and Peters 1979; von Fintel 1998). This means we can ask an important, but under-explored, question: in contexts which license both, what relations hold between the two? In this paper, I’ll argue for an initially surprising conclusion: when attention is restricted to the relevant contexts, indicatives and subjunctives are co-entailing. §1 introduces the indicative/subjunctive distinction, along with a discussion of the (...) relevant notion of entailment; §2 presents the main argument of the paper, and §3 considers some of the philosophical implications of the argument in §2. Finally, §4 argues that we can reconcile the equivalence of indicatives and subjunctives with apparently conflicting judgements. (shrink)