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 Banks2.59%-3.62 ppTransaction & Payment Processing Services1.52%-1.11 ppProperty & Casualty Insurance0.53%-0.62 ppFinancial Exchanges & Data0.59%-0.55 ppConsumer Finance0.39%-0.47 ppInvestment Banking & Brokerage0.69%-0.47 ppAsset Management & Custody Banks0.38%-0.42 ppLife & Health Insurance0.31%-0.41 ppInsurance Brokers0.30%-0.33 ppRegional Banks0.24%-0.29 ppMulti-line Insurance0.13%-0.20 ppReinsurance0.02%-0.04 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.52%
Industry change · 12M
-1.11 pp
Transaction & Payment Processing Services · contribution
-1.109 pp
Company participation
13%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jan 2021 · 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 |
|---|---|---|---|---|---|---|---|
| Fidelity National Information Services → FIS | United States | $76.6bn | 0.183% | -0.183 pp | -0.252 pp | -13.2% | No |
| Visa Inc. → V | United States | $90.7bn | 0.217% | -0.187 pp | -0.243 pp | -2.3% | No |
| Fiserv → FISV | United States | $68.8bn | 0.165% | -0.138 pp | -0.233 pp | -13.4% | No |
| Global Payments → GPN | United States | $52.8bn | 0.127% | -0.097 pp | -0.163 pp | -9.3% | No |
| Mastercard → MA | United States | $38.8bn | 0.093% | -0.075 pp | -0.098 pp | +0.6% | No |
| Corpay → CPAY | United States | $20.2bn | 0.048% | -0.039 pp | -0.086 pp | -23.0% | No |
| Jack Henry & Associates → JKHY | United States | $11.0bn | 0.026% | -0.027 pp | -0.030 pp | -2.2% | No |
| PayPal → PYPL | United States | $274.5bn | 0.658% | -0.376 pp | -0.002 pp | +105.7% | 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.