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 Banks3.78%-1.24 ppTransaction & Payment Processing Services1.49%-0.89 ppConsumer Finance0.59%-0.23 ppInsurance Brokers0.81%+0.15 ppAsset Management & Custody Banks0.55%-0.14 ppProperty & Casualty Insurance1.02%+0.13 ppInvestment Banking & Brokerage1.37%-0.07 ppFinancial Exchanges & Data1.08%-0.03 ppMulti-line Insurance0.22%-0.03 ppLife & Health Insurance0.56%+0.02 ppRegional Banks0.48%+0.02 ppReinsurance0.04%+0.01 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.49%
Industry change · 12M
-0.89 pp
Transaction & Payment Processing Services · contribution
-0.894 pp
Company participation
38%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Sep 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 | $99.5bn | 0.391% | +0.077 pp | -0.682 pp | -66.9% | Yes |
| Fidelity National Information Services → FIS | United States | $45.9bn | 0.181% | -0.037 pp | -0.083 pp | -36.7% | No |
| Global Payments → GPN | United States | $29.9bn | 0.118% | -0.003 pp | -0.045 pp | -30.9% | No |
| Visa Inc. → V | United States | $83.4bn | 0.328% | -0.032 pp | -0.039 pp | -19.7% | No |
| Corpay → CPAY | United States | $13.2bn | 0.052% | -0.011 pp | -0.024 pp | -32.6% | No |
| Fiserv → FISV | United States | $59.8bn | 0.235% | +0.012 pp | -0.017 pp | -13.8% | Yes |
| Mastercard → MA | United States | $34.8bn | 0.137% | -0.013 pp | -0.013 pp | -17.8% | No |
| Jack Henry & Associates → JKHY | United States | $13.3bn | 0.052% | +0.001 pp | +0.010 pp | +12.3% | 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.