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 Banks4.12%-0.55 ppTransaction & Payment Processing Services1.40%-0.22 ppProperty & Casualty Insurance1.16%+0.21 ppConsumer Finance0.66%-0.15 ppFinancial Exchanges & Data1.14%+0.06 ppRegional Banks0.46%-0.05 ppAsset Management & Custody Banks0.62%-0.04 ppMulti-line Insurance0.23%-0.03 ppInsurance Brokers0.78%+0.03 ppLife & Health Insurance0.59%+0.01 ppReinsurance0.05%+0.01 ppInvestment Banking & Brokerage1.42%+0.00 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.40%
Industry change · 12M
-0.22 pp
Transaction & Payment Processing Services · contribution
-0.225 pp
Company participation
50%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Feb 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 | $83.3bn | 0.293% | -0.011 pp | -0.160 pp | -34.2% | No |
| Fidelity National Information Services → FIS | United States | $37.5bn | 0.132% | -0.014 pp | -0.070 pp | -32.0% | No |
| Fiserv → FISV | United States | $72.3bn | 0.254% | +0.029 pp | +0.033 pp | +17.8% | Yes |
| Global Payments → GPN | United States | $29.5bn | 0.104% | +0.009 pp | -0.027 pp | -15.2% | No |
| Visa Inc. → V | United States | $103.2bn | 0.363% | +0.017 pp | +0.011 pp | +2.6% | Yes |
| Corpay → CPAY | United States | $15.8bn | 0.055% | +0.006 pp | -0.010 pp | -8.3% | Yes |
| Jack Henry & Associates → JKHY | United States | $12.0bn | 0.042% | -0.005 pp | -0.003 pp | -6.1% | No |
| Mastercard → MA | United States | $43.5bn | 0.153% | +0.005 pp | -0.000 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.