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 Banks4.26%-1.02 ppTransaction & Payment Processing Services1.59%-0.98 ppInsurance Brokers0.77%+0.21 ppAsset Management & Custody Banks0.61%-0.13 ppProperty & Casualty Insurance1.07%+0.12 ppConsumer Finance0.71%-0.11 ppInvestment Banking & Brokerage1.35%-0.10 ppFinancial Exchanges & Data1.11%+0.09 ppRegional Banks0.50%+0.03 ppLife & Health Insurance0.58%-0.01 ppMulti-line Insurance0.26%+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
1.59%
Industry change · 12M
-0.98 pp
Transaction & Payment Processing Services · contribution
-0.982 pp
Company participation
75%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
May 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 | $98.7bn | 0.355% | -0.097 pp | -0.739 pp | -67.2% | No |
| Fidelity National Information Services → FIS | United States | $63.8bn | 0.230% | +0.028 pp | -0.101 pp | -28.8% | Yes |
| Global Payments → GPN | United States | $36.9bn | 0.133% | +0.002 pp | -0.072 pp | -31.9% | No |
| Fiserv → FISV | United States | $64.8bn | 0.233% | +0.012 pp | -0.042 pp | -13.0% | Yes |
| Visa Inc. → V | United States | $99.6bn | 0.359% | +0.007 pp | -0.024 pp | -6.0% | Yes |
| Corpay → CPAY | United States | $19.2bn | 0.069% | +0.003 pp | -0.013 pp | -9.3% | Yes |
| Jack Henry & Associates → JKHY | United States | $13.7bn | 0.049% | +0.005 pp | +0.008 pp | +23.4% | Yes |
| Mastercard → MA | United States | $43.8bn | 0.158% | +0.005 pp | -0.000 pp | -0.2% | 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.