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 Banks4.77%+2.17 ppInvestment Banking & Brokerage1.47%+0.78 ppFinancial Exchanges & Data1.10%+0.51 ppInsurance Brokers0.74%+0.44 ppTransaction & Payment Processing Services1.93%+0.41 ppProperty & Casualty Insurance0.92%+0.40 ppConsumer Finance0.76%+0.37 ppAsset Management & Custody Banks0.68%+0.30 ppLife & Health Insurance0.57%+0.26 ppRegional Banks0.47%+0.24 ppMulti-line Insurance0.24%+0.12 ppReinsurance0.04%+0.02 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.93%
Industry change · 12M
+0.41 pp
Transaction & Payment Processing Services · contribution
+0.412 pp
Company participation
75%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jan 2022 · 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 |
|---|---|---|---|---|---|---|---|
| Visa Inc. → V | United States | $106.1bn | 0.357% | +0.025 pp | +0.140 pp | +17.8% | Yes |
| Fiserv → FISV | United States | $69.8bn | 0.235% | +0.018 pp | +0.070 pp | +2.9% | Yes |
| Mastercard → MA | United States | $47.3bn | 0.159% | +0.022 pp | +0.066 pp | +22.8% | Yes |
| Fidelity National Information Services → FIS | United States | $73.0bn | 0.246% | +0.017 pp | +0.062 pp | -1.7% | Yes |
| PayPal → PYPL | United States | $202.0bn | 0.679% | -0.233 pp | +0.022 pp | -26.6% | No |
| Global Payments → GPN | United States | $43.5bn | 0.146% | +0.006 pp | +0.020 pp | -14.6% | Yes |
| Corpay → CPAY | United States | $19.3bn | 0.065% | -0.003 pp | +0.017 pp | -1.8% | No |
| Jack Henry & Associates → JKHY | United States | $12.4bn | 0.042% | +0.001 pp | +0.015 pp | +17.3% | 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.