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
Transaction & Payment Processing Services1.60%-1.08 ppDiversified Banks4.00%-1.07 ppInsurance Brokers0.79%+0.23 ppAsset Management & Custody Banks0.57%-0.14 ppInvestment Banking & Brokerage1.27%-0.08 ppConsumer Finance0.73%-0.06 ppProperty & Casualty Insurance1.00%+0.05 ppMulti-line Insurance0.27%+0.03 ppRegional Banks0.43%-0.02 ppFinancial Exchanges & Data1.06%+0.01 ppLife & Health Insurance0.58%-0.01 ppReinsurance0.04%-0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.60%
Industry change · 12M
-1.08 pp
Transaction & Payment Processing Services · contribution
-1.078 pp
Company participation
88%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Apr 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 | $101.8bn | 0.368% | -0.311 pp | -0.745 pp | -66.5% | No |
| Fidelity National Information Services → FIS | United States | $60.4bn | 0.219% | -0.027 pp | -0.126 pp | -34.2% | Yes |
| Global Payments → GPN | United States | $38.6bn | 0.140% | -0.007 pp | -0.090 pp | -35.8% | Yes |
| Fiserv → FISV | United States | $63.3bn | 0.229% | -0.006 pp | -0.061 pp | -18.5% | Yes |
| Visa Inc. → V | United States | $100.0bn | 0.362% | +0.005 pp | -0.036 pp | -8.2% | Yes |
| Corpay → CPAY | United States | $19.4bn | 0.070% | +0.005 pp | -0.017 pp | -13.3% | Yes |
| Mastercard → MA | United States | $44.5bn | 0.161% | +0.002 pp | -0.009 pp | -4.4% | Yes |
| Jack Henry & Associates → JKHY | United States | $13.8bn | 0.050% | +0.008 pp | +0.005 pp | +17.8% | 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.