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
Insurance Brokers0.58%-99.32 ppDiversified Banks4.70%+4.69 ppTransaction & Payment Processing Services2.44%+2.43 ppInvestment Banking & Brokerage1.46%+1.46 ppFinancial Exchanges & Data1.10%+1.10 ppProperty & Casualty Insurance0.89%+0.89 ppConsumer Finance0.78%+0.78 ppAsset Management & Custody Banks0.72%+0.72 ppLife & Health Insurance0.53%+0.53 ppRegional Banks0.42%+0.42 ppMulti-line Insurance0.24%+0.24 ppReinsurance0.04%+0.04 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
2.44%
Industry change · 12M
+2.43 pp
Transaction & Payment Processing Services · contribution
+2.433 pp
Company participation
63%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Aug 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 |
|---|---|---|---|---|---|---|---|
| PayPal → PYPL | United States | $339.2bn | 1.134% | +0.040 pp | +1.133 pp | +41.4% | Yes |
| Visa Inc. → V | United States | $107.5bn | 0.360% | -0.023 pp | +0.359 pp | +8.7% | Yes |
| Fidelity National Information Services → FIS | United States | $78.9bn | 0.264% | -0.067 pp | +0.263 pp | -14.4% | No |
| Fiserv → FISV | United States | $78.0bn | 0.261% | -0.014 pp | +0.260 pp | +18.3% | Yes |
| Global Payments → GPN | United States | $47.8bn | 0.160% | -0.045 pp | +0.159 pp | -7.5% | No |
| Mastercard → MA | United States | $42.4bn | 0.142% | -0.016 pp | +0.142 pp | -2.9% | No |
| Corpay → CPAY | United States | $21.7bn | 0.073% | -0.009 pp | +0.073 pp | +4.7% | Yes |
| Jack Henry & Associates → JKHY | United States | $13.1bn | 0.044% | +0.003 pp | +0.044 pp | +7.8% | 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.