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 Banks4.67%+2.15 ppInvestment Banking & Brokerage1.42%+0.74 ppFinancial Exchanges & Data1.08%+0.57 ppInsurance Brokers0.76%+0.49 ppProperty & Casualty Insurance0.95%+0.49 ppConsumer Finance0.81%+0.44 ppAsset Management & Custody Banks0.65%+0.32 ppLife & Health Insurance0.58%+0.29 ppRegional Banks0.51%+0.27 ppTransaction & Payment Processing Services1.62%+0.22 ppMulti-line Insurance0.26%+0.14 ppReinsurance0.04%+0.02 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.62%
Industry change · 12M
+0.22 pp
Transaction & Payment Processing Services · contribution
+0.216 pp
Company participation
50%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Feb 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 |
|---|---|---|---|---|---|---|---|
| PayPal → PYPL | United States | $130.4bn | 0.452% | -0.282 pp | -0.156 pp | -56.9% | No |
| Visa Inc. → V | United States | $101.4bn | 0.352% | +0.045 pp | +0.153 pp | +2.4% | Yes |
| Mastercard → MA | United States | $44.2bn | 0.153% | +0.023 pp | +0.067 pp | +2.5% | Yes |
| Fiserv → FISV | United States | $63.7bn | 0.221% | +0.006 pp | +0.067 pp | -15.3% | No |
| Fidelity National Information Services → FIS | United States | $58.1bn | 0.201% | -0.014 pp | +0.030 pp | -30.2% | No |
| Jack Henry & Associates → JKHY | United States | $12.9bn | 0.045% | +0.007 pp | +0.022 pp | +20.5% | Yes |
| Corpay → CPAY | United States | $19.0bn | 0.066% | +0.009 pp | +0.020 pp | -15.5% | Yes |
| Global Payments → GPN | United States | $37.6bn | 0.130% | +0.014 pp | +0.014 pp | -32.3% | No |
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.