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 Banks4.04%-0.73 ppTransaction & Payment Processing Services1.43%-0.50 ppProperty & Casualty Insurance1.14%+0.21 ppConsumer Finance0.66%-0.10 ppFinancial Exchanges & Data1.19%+0.09 ppInsurance Brokers0.81%+0.08 ppInvestment Banking & Brokerage1.41%-0.06 ppAsset Management & Custody Banks0.62%-0.06 ppLife & Health Insurance0.60%+0.03 ppRegional Banks0.46%-0.01 ppReinsurance0.05%+0.01 ppMulti-line Insurance0.23%-0.01 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.43%
Industry change · 12M
-0.50 pp
Transaction & Payment Processing Services · contribution
-0.500 pp
Company participation
50%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jan 2023 · 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 | $92.9bn | 0.318% | -0.025 pp | -0.362 pp | -52.6% | No |
| Fidelity National Information Services → FIS | United States | $44.5bn | 0.152% | -0.027 pp | -0.093 pp | -36.0% | No |
| Global Payments → GPN | United States | $30.5bn | 0.104% | -0.005 pp | -0.042 pp | -24.2% | No |
| Visa Inc. → V | United States | $108.0bn | 0.370% | +0.025 pp | +0.013 pp | +2.6% | Yes |
| Corpay → CPAY | United States | $15.4bn | 0.053% | +0.003 pp | -0.012 pp | -12.4% | Yes |
| Mastercard → MA | United States | $45.4bn | 0.155% | +0.013 pp | -0.004 pp | -3.5% | Yes |
| Jack Henry & Associates → JKHY | United States | $13.1bn | 0.045% | -0.007 pp | +0.003 pp | +8.4% | No |
| Fiserv → FISV | United States | $67.7bn | 0.232% | +0.000 pp | -0.003 pp | +0.9% | 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.