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 Banks3.94%-1.11 ppTransaction & Payment Processing Services1.45%-0.63 ppAsset Management & Custody Banks0.55%-0.20 ppConsumer Finance0.59%-0.16 ppFinancial Exchanges & Data1.03%-0.16 ppProperty & Casualty Insurance1.04%+0.15 ppInvestment Banking & Brokerage1.37%-0.12 ppInsurance Brokers0.77%+0.08 ppLife & Health Insurance0.61%+0.08 ppMulti-line Insurance0.23%-0.02 ppRegional Banks0.47%+0.01 ppReinsurance0.05%+0.01 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.45%
Industry change · 12M
-0.63 pp
Transaction & Payment Processing Services · contribution
-0.626 pp
Company participation
38%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Oct 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 | $96.7bn | 0.343% | -0.001 pp | -0.570 pp | -64.1% | No |
| Fidelity National Information Services → FIS | United States | $50.5bn | 0.179% | -0.035 pp | -0.049 pp | -23.6% | No |
| Global Payments → GPN | United States | $30.9bn | 0.110% | -0.009 pp | -0.031 pp | -19.5% | No |
| Corpay → CPAY | United States | $14.0bn | 0.050% | -0.009 pp | -0.019 pp | -24.8% | No |
| Fiserv → FISV | United States | $65.2bn | 0.232% | -0.001 pp | +0.014 pp | +4.3% | Yes |
| Visa Inc. → V | United States | $97.2bn | 0.345% | +0.003 pp | +0.013 pp | -1.5% | Yes |
| Jack Henry & Associates → JKHY | United States | $14.5bn | 0.051% | -0.001 pp | +0.010 pp | +20.9% | Yes |
| Mastercard → MA | United States | $40.2bn | 0.143% | -0.006 pp | +0.005 pp | -1.6% | 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.