Observatory · observe first
Follow the allocation change
Matched S&P 500 members → sector → industry → sub-industry → company. Each step uses the same percentage points.
Historical time machine
Historical observation
20182026
Universe›Financials›Transaction & Payment Processing Services›Transaction & Payment Processing Services
1 · Sector
Weight and 12M allocation change
2 · Industry
Inside Financials
Diversified Banks3.83%-4.61 ppInvestment Banking & Brokerage0.69%-0.93 ppAsset Management & Custody Banks0.53%-0.69 ppProperty & Casualty Insurance0.66%-0.56 ppConsumer Finance0.48%-0.48 ppTransaction & Payment Processing Services1.06%-0.47 ppRegional Banks0.33%-0.46 ppLife & Health Insurance0.46%-0.38 ppFinancial Exchanges & Data0.54%-0.30 ppMulti-line Insurance0.20%-0.26 ppInsurance Brokers0.32%-0.20 ppReinsurance0.03%-0.02 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.06%
Industry change · 12M
-0.47 pp
Transaction & Payment Processing Services · contribution
-0.466 pp
Company participation
25%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Dec 2018 · sorted by absolute contribution to 12-month change
| Company | Country | Market cap | Universe weight | 3M contribution | 12M contribution | 12M price return | Above 6M weight average |
|---|---|---|---|---|---|---|---|
| PayPal → PYPL | United States | $99.1bn | 0.354% | +0.023 pp | -0.231 pp | -1.4% | No |
| Visa Inc. → V | United States | $61.9bn | 0.221% | -0.003 pp | -0.111 pp | +6.9% | No |
| Fidelity National Information Services → FIS | United States | $33.6bn | 0.120% | +0.006 pp | -0.075 pp | +1.4% | No |
| Global Payments → GPN | United States | $16.3bn | 0.058% | -0.006 pp | -0.043 pp | -7.7% | No |
| Mastercard → MA | United States | $23.1bn | 0.083% | -0.004 pp | -0.035 pp | +12.1% | No |
| Jack Henry & Associates → JKHY | United States | $9.8bn | 0.035% | +0.035 pp | +0.035 pp | +2.6% | Yes |
| Corpay → CPAY | United States | $22.8bn | 0.082% | +0.017 pp | -0.027 pp | -12.6% | Yes |
| Fiserv → FISV | United States | $29.3bn | 0.105% | -0.002 pp | +0.021 pp | +4.4% | No |
Company contributions use weights among matched S&P 500 members and add through each level without rescaling. Companies without matched shares and prices are omitted. These observations do not establish official index weights or actual fund flows.