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 Banks2.44%-1.82 ppTransaction & Payment Processing Services0.92%-0.67 ppInvestment Banking & Brokerage0.82%-0.53 ppProperty & Casualty Insurance0.72%-0.35 ppFinancial Exchanges & Data0.83%-0.29 ppConsumer Finance0.42%-0.28 ppRegional Banks0.22%-0.28 ppLife & Health Insurance0.32%-0.26 ppAsset Management & Custody Banks0.35%-0.26 ppInsurance Brokers0.57%-0.19 ppMulti-line Insurance0.14%-0.12 ppReinsurance0.03%-0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
0.92%
Industry change · 12M
-0.67 pp
Transaction & Payment Processing Services · contribution
-0.666 pp
Company participation
0%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
May 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 | $69.2bn | 0.171% | -0.122 pp | -0.185 pp | -27.3% | No |
| Fidelity National Information Services → FIS | United States | $32.3bn | 0.080% | -0.052 pp | -0.150 pp | -46.5% | No |
| Visa Inc. → V | United States | $103.7bn | 0.256% | -0.107 pp | -0.102 pp | +5.0% | No |
| Global Payments → GPN | United States | $25.6bn | 0.063% | -0.041 pp | -0.070 pp | -24.8% | No |
| Fiserv → FISV | United States | $69.3bn | 0.171% | -0.083 pp | -0.062 pp | +12.0% | No |
| Mastercard → MA | United States | $44.7bn | 0.110% | -0.043 pp | -0.047 pp | +2.6% | No |
| Corpay → CPAY | United States | $16.7bn | 0.041% | -0.014 pp | -0.028 pp | -8.9% | No |
| Jack Henry & Associates → JKHY | United States | $11.1bn | 0.028% | -0.015 pp | -0.022 pp | -17.8% | 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.