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 Banks3.36%-0.42 ppInvestment Banking & Brokerage1.11%-0.26 ppTransaction & Payment Processing Services1.28%-0.22 ppAsset Management & Custody Banks0.74%+0.19 ppRegional Banks0.31%-0.17 ppFinancial Exchanges & Data1.14%+0.06 ppConsumer Finance0.53%-0.06 ppLife & Health Insurance0.52%-0.05 ppInsurance Brokers0.84%+0.03 ppProperty & Casualty Insurance1.04%+0.02 ppReinsurance0.05%+0.01 ppMulti-line Insurance0.22%-0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.28%
Industry change · 12M
-0.22 pp
Transaction & Payment Processing Services · contribution
-0.217 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Sep 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 | $64.2bn | 0.214% | +0.042 pp | -0.177 pp | -32.1% | Yes |
| Fidelity National Information Services → FIS | United States | $32.7bn | 0.109% | +0.034 pp | -0.071 pp | -24.3% | Yes |
| Visa Inc. → V | United States | $107.9bn | 0.360% | +0.103 pp | +0.033 pp | +30.5% | Yes |
| Mastercard → MA | United States | $48.5bn | 0.162% | +0.051 pp | +0.025 pp | +40.1% | Yes |
| Global Payments → GPN | United States | $30.0bn | 0.100% | +0.041 pp | -0.018 pp | +7.8% | Yes |
| Jack Henry & Associates → JKHY | United States | $11.0bn | 0.037% | +0.009 pp | -0.015 pp | -16.0% | Yes |
| Corpay → CPAY | United States | $18.9bn | 0.063% | +0.020 pp | +0.011 pp | +44.9% | Yes |
| Fiserv → FISV | United States | $68.9bn | 0.230% | +0.050 pp | -0.005 pp | +20.7% | 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.