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%-0.66 ppInvestment Banking & Brokerage1.03%-0.34 ppTransaction & Payment Processing Services1.24%-0.21 ppRegional Banks0.28%-0.19 ppAsset Management & Custody Banks0.69%+0.14 ppFinancial Exchanges & Data1.13%+0.10 ppLife & Health Insurance0.52%-0.09 ppProperty & Casualty Insurance1.14%+0.09 ppInsurance Brokers0.85%+0.08 ppConsumer Finance0.53%-0.06 ppReinsurance0.06%+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
1.24%
Industry change · 12M
-0.21 pp
Transaction & Payment Processing Services · contribution
-0.210 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Oct 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 | $56.9bn | 0.193% | +0.009 pp | -0.150 pp | -38.0% | Yes |
| Fidelity National Information Services → FIS | United States | $29.1bn | 0.099% | +0.021 pp | -0.080 pp | -38.8% | Yes |
| Visa Inc. → V | United States | $110.3bn | 0.375% | +0.132 pp | +0.030 pp | +14.4% | Yes |
| Jack Henry & Associates → JKHY | United States | $10.3bn | 0.035% | +0.008 pp | -0.017 pp | -28.3% | Yes |
| Global Payments → GPN | United States | $27.7bn | 0.094% | +0.031 pp | -0.016 pp | -6.1% | Yes |
| Mastercard → MA | United States | $46.1bn | 0.157% | +0.051 pp | +0.014 pp | +15.4% | Yes |
| Corpay → CPAY | United States | $16.7bn | 0.057% | +0.017 pp | +0.007 pp | +21.0% | Yes |
| Fiserv → FISV | United States | $68.3bn | 0.232% | +0.064 pp | +0.001 pp | +10.7% | 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.