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 Banks3.28%-0.51 ppInvestment Banking & Brokerage1.11%-0.23 ppTransaction & Payment Processing Services1.29%-0.23 ppRegional Banks0.31%-0.16 ppConsumer Finance0.54%-0.07 ppAsset Management & Custody Banks0.49%-0.07 ppLife & Health Insurance0.50%-0.05 ppFinancial Exchanges & Data1.15%+0.05 ppInsurance Brokers0.82%+0.04 ppMulti-line Insurance0.20%-0.02 ppReinsurance0.05%+0.01 ppProperty & Casualty Insurance0.97%+0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.29%
Industry change · 12M
-0.23 pp
Transaction & Payment Processing Services · contribution
-0.230 pp
Company participation
88%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Aug 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 | $68.6bn | 0.219% | +0.048 pp | -0.168 pp | -33.1% | No |
| Fidelity National Information Services → FIS | United States | $33.1bn | 0.105% | +0.026 pp | -0.093 pp | -37.0% | Yes |
| Visa Inc. → V | United States | $115.3bn | 0.367% | +0.111 pp | +0.034 pp | +24.6% | Yes |
| Mastercard → MA | United States | $50.6bn | 0.161% | +0.051 pp | +0.019 pp | +28.0% | Yes |
| Global Payments → GPN | United States | $32.9bn | 0.105% | +0.042 pp | -0.018 pp | +2.9% | Yes |
| Jack Henry & Associates → JKHY | United States | $11.4bn | 0.036% | +0.009 pp | -0.014 pp | -17.5% | Yes |
| Corpay → CPAY | United States | $20.1bn | 0.064% | +0.023 pp | +0.007 pp | +27.9% | Yes |
| Fiserv → FISV | United States | $74.0bn | 0.236% | +0.065 pp | +0.004 pp | +20.0% | 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.