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 Banks4.01%-0.70 ppTransaction & Payment Processing Services1.36%-0.45 ppProperty & Casualty Insurance1.11%+0.28 ppInsurance Brokers0.80%+0.12 ppAsset Management & Custody Banks0.58%-0.11 ppLife & Health Insurance0.61%+0.10 ppConsumer Finance0.59%-0.09 ppRegional Banks0.46%+0.02 ppInvestment Banking & Brokerage1.42%+0.01 ppReinsurance0.04%+0.01 ppMulti-line Insurance0.23%+0.01 ppFinancial Exchanges & Data1.16%+0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.36%
Industry change · 12M
-0.45 pp
Transaction & Payment Processing Services · contribution
-0.454 pp
Company participation
25%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Nov 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 | $89.4bn | 0.303% | -0.083 pp | -0.431 pp | -57.6% | No |
| Fidelity National Information Services → FIS | United States | $43.1bn | 0.146% | -0.053 pp | -0.069 pp | -29.2% | No |
| Visa Inc. → V | United States | $101.8bn | 0.346% | +0.012 pp | +0.038 pp | +12.8% | Yes |
| Global Payments → GPN | United States | $28.1bn | 0.095% | -0.028 pp | -0.021 pp | -12.1% | No |
| Mastercard → MA | United States | $43.7bn | 0.148% | +0.006 pp | +0.018 pp | +13.8% | Yes |
| Fiserv → FISV | United States | $66.3bn | 0.225% | -0.007 pp | +0.010 pp | +8.1% | No |
| Jack Henry & Associates → JKHY | United States | $13.8bn | 0.047% | -0.003 pp | +0.009 pp | +26.6% | No |
| Corpay → CPAY | United States | $14.5bn | 0.049% | -0.008 pp | -0.008 pp | -5.3% | 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.