diff --git a/docs/change-log.md b/docs/change-log.md
index e0278c04..687849e2 100644
--- a/docs/change-log.md
+++ b/docs/change-log.md
@@ -42,7 +42,8 @@
 (https://github.com/MithrilJS/mithril.js/pull/2130)
 - render/core: Render state correctly on select change event [#1916](https://github.com/MithrilJS/mithril.js/issues/1916) ([#1918](https://github.com/MithrilJS/mithril.js/pull/1918) [@robinchew](https://github.com/robinchew), [#2052](https://github.com/MithrilJS/mithril.js/pull/2052))
 - render/core: fix various updateNodes/removeNodes issues when the pool and fragments are involved [#1990](https://github.com/MithrilJS/mithril.js/issues/1990), [#1991](https://github.com/MithrilJS/mithril.js/issues/1991), [#2003](https://github.com/MithrilJS/mithril.js/issues/2003), [#2021](https://github.com/MithrilJS/mithril.js/pull/2021)
-- render/core: fix crashes when the keyed vnodes with the same `key` had different `tag` values [#2128](https://github.com/MithrilJS/mithril.js/issues/2128) [@JacksonJN](https://github.com/JacksonJN) ([#2130]
+- render/core: fix crashes when the keyed vnodes with the same `key` had different `tag` values [#2128](https://github.com/MithrilJS/mithril.js/issues/2128) [@JacksonJN](https://github.com/JacksonJN) ([#2130](https://github.com/MithrilJS/mithril.js/pull/2130))
+- render/core: fix cached nodes behavior in some keyed diff scenarios [#2132](https://github.com/MithrilJS/mithril.js/issues/2132) ([#2130](https://github.com/MithrilJS/mithril.js/pull/2130))
 - render/events: `addEventListener` and `removeEventListener` are always used to manage event subscriptions, preventing external interference.
 - render/events: Event listeners allocate less memory, swap at low cost, and are properly diffed now when rendered via `m.mount()`/`m.redraw()`.
 - render/events: `Object.prototype` properties can no longer interfere with event listener calls.
diff --git a/render/render.js b/render/render.js
index 72dba419..6980ece9 100644
--- a/render/render.js
+++ b/render/render.js
@@ -296,21 +296,19 @@ module.exports = function($window) {
 			while (oldEnd >= oldStart && end >= start) {
 				o = old[oldStart]
 				v = vnodes[start]
-				if (o === v || o == null && v == null) oldStart++, start++
-				else if (o == null) oldStart++
+				if (o == null) oldStart++
 				else if (v == null) start++
 				else if (o.key === v.key) {
 					oldStart++, start++
-					updateNode(parent, o, v, hooks, getNextSibling(old, oldStart, nextSibling), ns)
+					if (o !== v) updateNode(parent, o, v, hooks, getNextSibling(old, oldStart, nextSibling), ns)
 				} else {
 					v = vnodes[end]
-					if (o === v) oldStart++, end--
-					else if (o == null) oldStart++
+					if (o == null) oldStart++
 					else if (v == null) end--
 					else if (o.key === v.key) {
 						oldStart++
 						if (start < end--) insertNode(parent, toFragment(o), nextSibling)
-						updateNode(parent, o, v, hooks, nextSibling, ns)
+						if (o !== v) updateNode(parent, o, v, hooks, nextSibling, ns)
 						if(v.dom != null) nextSibling = v.dom
 					}
 					else break
@@ -319,11 +317,10 @@ module.exports = function($window) {
 			while (oldEnd >= oldStart && end >= start) {
 				o = old[oldEnd]
 				v = vnodes[end]
-				if (o === v) oldEnd--, end--
-				else if (o == null) oldEnd--
+				if (o == null) oldEnd--
 				else if (v == null) end--
 				else if (o.key === v.key) {
-					updateNode(parent, o, v, hooks, nextSibling, ns)
+					if (o !== v) updateNode(parent, o, v, hooks, nextSibling, ns)
 					if (v.dom != null) nextSibling = v.dom
 					oldEnd--, end--
 				} else {
@@ -333,7 +330,7 @@ module.exports = function($window) {
 						if (oldIndex != null) {
 							o = old[oldIndex]
 							insertNode(parent, toFragment(o), nextSibling)
-							updateNode(parent, o, v, hooks, nextSibling, ns)
+							if (o !== v) updateNode(parent, o, v, hooks, nextSibling, ns)
 							o.skip = true
 							if (v.dom != null) nextSibling = v.dom
 						} else {