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 Banks3.42%-0.59 ppInvestment Banking & Brokerage1.07%-0.36 ppRegional Banks0.30%-0.16 ppAsset Management & Custody Banks0.73%+0.14 ppLife & Health Insurance0.50%-0.11 ppTransaction & Payment Processing Services1.26%-0.09 ppFinancial Exchanges & Data1.19%+0.03 ppConsumer Finance0.56%-0.03 ppInsurance Brokers0.82%+0.03 ppProperty & Casualty Insurance1.09%-0.01 ppReinsurance0.06%+0.01 ppMulti-line Insurance0.22%-0.01 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.26%
Industry change · 12M
-0.09 pp
Transaction & Payment Processing Services · contribution
-0.095 pp
Company participation
88%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Nov 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 | $62.1bn | 0.194% | -0.025 pp | -0.110 pp | -26.5% | No |
| Fidelity National Information Services → FIS | United States | $34.7bn | 0.108% | +0.003 pp | -0.038 pp | -16.4% | Yes |
| Visa Inc. → V | United States | $120.5bn | 0.376% | +0.008 pp | +0.030 pp | +19.2% | Yes |
| Fiserv → FISV | United States | $78.4bn | 0.244% | +0.009 pp | +0.019 pp | +25.2% | Yes |
| Jack Henry & Associates → JKHY | United States | $11.6bn | 0.036% | -0.000 pp | -0.011 pp | -15.1% | Yes |
| Mastercard → MA | United States | $50.7bn | 0.158% | -0.003 pp | +0.010 pp | +16.8% | Yes |
| Corpay → CPAY | United States | $17.4bn | 0.054% | -0.010 pp | +0.005 pp | +22.6% | Yes |
| Global Payments → GPN | United States | $30.3bn | 0.095% | -0.010 pp | -0.001 pp | +13.3% | 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.