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 Banks3.48%-0.52 ppTransaction & Payment Processing Services1.38%-0.22 ppConsumer Finance0.57%-0.16 ppRegional Banks0.33%-0.10 ppInvestment Banking & Brokerage1.19%-0.08 ppFinancial Exchanges & Data1.14%+0.07 ppLife & Health Insurance0.51%-0.07 ppMulti-line Insurance0.20%-0.07 ppProperty & Casualty Insurance1.06%+0.05 ppAsset Management & Custody Banks0.52%-0.05 ppInsurance Brokers0.82%+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
1.38%
Industry change · 12M
-0.22 pp
Transaction & Payment Processing Services · contribution
-0.216 pp
Company participation
63%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Apr 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 |
|---|---|---|---|---|---|---|---|
| Fidelity National Information Services → FIS | United States | $34.8bn | 0.117% | -0.035 pp | -0.101 pp | -39.3% | No |
| PayPal → PYPL | United States | $86.0bn | 0.290% | -0.028 pp | -0.078 pp | -13.6% | No |
| Global Payments → GPN | United States | $29.7bn | 0.100% | -0.004 pp | -0.039 pp | -17.0% | Yes |
| Fiserv → FISV | United States | $75.4bn | 0.255% | +0.023 pp | +0.026 pp | +24.7% | Yes |
| Corpay → CPAY | United States | $15.7bn | 0.053% | +0.000 pp | -0.017 pp | -14.3% | Yes |
| Jack Henry & Associates → JKHY | United States | $11.9bn | 0.040% | -0.005 pp | -0.010 pp | -12.9% | No |
| Visa Inc. → V | United States | $109.2bn | 0.369% | -0.001 pp | +0.007 pp | +10.1% | Yes |
| Mastercard → MA | United States | $46.6bn | 0.157% | +0.002 pp | -0.004 pp | +5.2% | 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.