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 Banks3.40%-0.83 ppTransaction & Payment Processing Services1.34%-0.28 ppInvestment Banking & Brokerage1.18%-0.16 ppConsumer Finance0.59%-0.13 ppRegional Banks0.33%-0.11 ppLife & Health Insurance0.49%-0.09 ppAsset Management & Custody Banks0.54%-0.09 ppMulti-line Insurance0.19%-0.07 ppProperty & Casualty Insurance1.05%+0.06 ppFinancial Exchanges & Data1.14%+0.04 ppInsurance Brokers0.78%-0.03 ppReinsurance0.05%+0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.34%
Industry change · 12M
-0.28 pp
Transaction & Payment Processing Services · contribution
-0.280 pp
Company participation
50%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Mar 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 | $85.9bn | 0.293% | +0.000 pp | -0.160 pp | -34.3% | No |
| Fidelity National Information Services → FIS | United States | $32.2bn | 0.110% | -0.036 pp | -0.096 pp | -44.5% | No |
| Global Payments → GPN | United States | $27.7bn | 0.094% | -0.002 pp | -0.035 pp | -22.4% | No |
| Fiserv → FISV | United States | $71.0bn | 0.242% | +0.011 pp | +0.020 pp | +11.5% | Yes |
| Corpay → CPAY | United States | $15.5bn | 0.053% | +0.004 pp | -0.012 pp | -15.3% | Yes |
| Jack Henry & Associates → JKHY | United States | $11.0bn | 0.038% | -0.009 pp | -0.011 pp | -22.7% | No |
| Visa Inc. → V | United States | $105.8bn | 0.361% | +0.009 pp | +0.011 pp | +2.5% | Yes |
| Mastercard → MA | United States | $44.5bn | 0.152% | -0.002 pp | +0.005 pp | +2.3% | 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.