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 Banks4.45%-2.23 ppTransaction & Payment Processing Services2.77%+0.28 ppLife & Health Insurance0.52%-0.22 ppConsumer Finance0.66%-0.19 ppProperty & Casualty Insurance0.94%-0.18 ppAsset Management & Custody Banks0.65%-0.18 ppRegional Banks0.39%-0.17 ppMulti-line Insurance0.21%-0.12 ppInsurance Brokers0.53%-0.07 ppInvestment Banking & Brokerage1.18%+0.04 ppReinsurance0.04%-0.02 ppFinancial Exchanges & Data1.05%+0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
2.77%
Industry change · 12M
+0.28 pp
Transaction & Payment Processing Services · contribution
+0.283 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Dec 2020 · 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 | $274.4bn | 1.111% | +1.110 pp | +0.488 pp | +116.5% | Yes |
| Fiserv → FISV | United States | $76.3bn | 0.309% | +0.309 pp | -0.077 pp | -1.5% | Yes |
| Fidelity National Information Services → FIS | United States | $87.8bn | 0.355% | +0.355 pp | -0.064 pp | +2.7% | Yes |
| Corpay → CPAY | United States | $22.8bn | 0.092% | +0.092 pp | -0.030 pp | -5.2% | Yes |
| Visa Inc. → V | United States | $102.6bn | 0.415% | +0.415 pp | -0.017 pp | +17.1% | Yes |
| Global Payments → GPN | United States | $64.5bn | 0.261% | +0.261 pp | -0.008 pp | +18.5% | Yes |
| Jack Henry & Associates → JKHY | United States | $12.4bn | 0.050% | +0.050 pp | -0.005 pp | +12.4% | Yes |
| Mastercard → MA | United States | $43.7bn | 0.177% | +0.177 pp | -0.002 pp | +20.2% | 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.