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 Banks6.92%-1.07 ppTransaction & Payment Processing Services2.06%+0.51 ppInvestment Banking & Brokerage1.27%-0.37 ppAsset Management & Custody Banks0.93%-0.27 ppRegional Banks0.60%-0.20 ppMulti-line Insurance0.35%-0.09 ppInsurance Brokers0.59%+0.05 ppFinancial Exchanges & Data1.02%+0.04 ppConsumer Finance0.92%-0.03 ppLife & Health Insurance0.84%-0.02 ppProperty & Casualty Insurance1.21%-0.01 ppReinsurance0.05%-0.01 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
2.06%
Industry change · 12M
+0.51 pp
Transaction & Payment Processing Services · contribution
+0.506 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Apr 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 | $132.5bn | 0.738% | +0.393 pp | +0.194 pp | +51.1% | Yes |
| Fiserv → FISV | United States | $34.2bn | 0.190% | +0.081 pp | +0.100 pp | +23.1% | Yes |
| Jack Henry & Associates → JKHY | United States | $11.5bn | 0.064% | +0.030 pp | +0.064 pp | +26.1% | Yes |
| Visa Inc. → V | United States | $77.2bn | 0.430% | +0.221 pp | +0.064 pp | +30.5% | Yes |
| Mastercard → MA | United States | $31.2bn | 0.174% | +0.088 pp | +0.039 pp | +43.4% | Yes |
| Global Payments → GPN | United States | $23.0bn | 0.128% | +0.070 pp | +0.018 pp | +29.3% | Yes |
| Fidelity National Information Services → FIS | United States | $37.5bn | 0.209% | +0.096 pp | +0.016 pp | +23.6% | Yes |
| Corpay → CPAY | United States | $22.4bn | 0.125% | +0.043 pp | +0.010 pp | +25.9% | 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.