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 Banks3.93%-0.52 ppTransaction & Payment Processing Services1.37%-0.47 ppProperty & Casualty Insurance1.17%+0.32 ppInsurance Brokers0.82%+0.15 ppConsumer Finance0.58%-0.11 ppLife & Health Insurance0.61%+0.10 ppAsset Management & Custody Banks0.59%-0.09 ppFinancial Exchanges & Data1.15%-0.03 ppInvestment Banking & Brokerage1.41%+0.02 ppMulti-line Insurance0.24%+0.02 ppRegional Banks0.45%+0.02 ppReinsurance0.05%+0.01 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.37%
Industry change · 12M
-0.47 pp
Transaction & Payment Processing Services · contribution
-0.465 pp
Company participation
38%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Dec 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 | $81.2bn | 0.293% | -0.098 pp | -0.417 pp | -62.2% | No |
| Fidelity National Information Services → FIS | United States | $40.3bn | 0.145% | -0.035 pp | -0.068 pp | -36.5% | No |
| Global Payments → GPN | United States | $26.9bn | 0.097% | -0.021 pp | -0.029 pp | -25.9% | No |
| Visa Inc. → V | United States | $97.5bn | 0.352% | +0.024 pp | +0.026 pp | -3.4% | Yes |
| Mastercard → MA | United States | $42.6bn | 0.154% | +0.017 pp | +0.013 pp | -2.7% | Yes |
| Fiserv → FISV | United States | $64.2bn | 0.232% | -0.004 pp | +0.012 pp | -2.6% | Yes |
| Corpay → CPAY | United States | $13.5bn | 0.049% | -0.003 pp | -0.009 pp | -17.9% | No |
| Jack Henry & Associates → JKHY | United States | $12.8bn | 0.046% | -0.006 pp | +0.007 pp | +6.2% | 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.