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 Banks3.92%-4.52 ppInvestment Banking & Brokerage0.72%-0.90 ppAsset Management & Custody Banks0.53%-0.68 ppProperty & Casualty Insurance0.64%-0.58 ppTransaction & Payment Processing Services1.04%-0.49 ppConsumer Finance0.49%-0.47 ppRegional Banks0.34%-0.44 ppLife & Health Insurance0.47%-0.37 ppFinancial Exchanges & Data0.53%-0.31 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
1.04%
Industry change · 12M
-0.49 pp
Transaction & Payment Processing Services · contribution
-0.489 pp
Company participation
63%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jan 2019 · 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 | $104.6bn | 0.345% | +0.009 pp | -0.240 pp | +4.0% | Yes |
| Visa Inc. → V | United States | $63.4bn | 0.209% | -0.010 pp | -0.124 pp | +9.4% | No |
| Fidelity National Information Services → FIS | United States | $34.2bn | 0.113% | -0.003 pp | -0.082 pp | +3.4% | No |
| Global Payments → GPN | United States | $17.8bn | 0.059% | -0.003 pp | -0.043 pp | +0.5% | No |
| Jack Henry & Associates → JKHY | United States | $10.3bn | 0.034% | +0.034 pp | +0.034 pp | +8.3% | Yes |
| Mastercard → MA | United States | $25.9bn | 0.085% | +0.003 pp | -0.033 pp | +25.6% | Yes |
| Corpay → CPAY | United States | $24.8bn | 0.082% | +0.022 pp | -0.027 pp | -5.0% | Yes |
| Fiserv → FISV | United States | $33.0bn | 0.109% | +0.000 pp | +0.025 pp | +17.8% | Yes |
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.