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
Transaction & Payment Processing Services · weight
2.37%
Industry change · 12M
+1.37 pp
Transaction & Payment Processing Services · contribution
+1.368 pp
Company participation
88%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 2019 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
PayPal →
PYPL
United States$128.3bn0.698%-0.053 pp+0.345 pp+18.1%No
Fidelity National Information Services →
FIS
United States$83.6bn0.454%+0.228 pp+0.340 pp+27.5%Yes
Visa Inc. →
V
United States$84.9bn0.461%+0.021 pp+0.239 pp+23.9%Yes
Fiserv →
FISV
United States$42.0bn0.229%+0.032 pp+0.124 pp+33.6%Yes
Mastercard →
MA
United States$34.5bn0.187%+0.008 pp+0.102 pp+31.2%Yes
Corpay →
CPAY
United States$25.8bn0.140%+0.011 pp+0.080 pp+39.6%Yes
Global Payments →
GPN
United States$26.0bn0.141%+0.000 pp+0.078 pp+33.3%Yes
Jack Henry & Associates →
JKHY
United States$11.2bn0.061%+0.002 pp+0.061 pp-7.5%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.