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 Banks3.62%-0.31 ppInvestment Banking & Brokerage1.17%-0.24 ppAsset Management & Custody Banks0.77%+0.19 ppProperty & Casualty Insurance1.03%-0.14 ppLife & Health Insurance0.49%-0.12 ppRegional Banks0.33%-0.11 ppTransaction & Payment Processing Services1.26%-0.11 ppInsurance Brokers0.73%-0.09 ppFinancial Exchanges & Data1.21%+0.06 ppMulti-line Insurance0.21%-0.03 ppConsumer Finance0.60%+0.02 ppReinsurance0.05%-0.00 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
-0.11 pp
Transaction & Payment Processing Services · contribution
-0.111 pp
Company participation
88%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Dec 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 | $66.2bn | 0.197% | -0.017 pp | -0.096 pp | -13.8% | No |
| Fidelity National Information Services → FIS | United States | $35.6bn | 0.106% | -0.003 pp | -0.039 pp | -8.2% | Yes |
| Visa Inc. → V | United States | $122.2bn | 0.364% | +0.004 pp | +0.013 pp | +26.3% | Yes |
| Corpay → CPAY | United States | $20.4bn | 0.061% | -0.002 pp | +0.012 pp | +53.9% | Yes |
| Jack Henry & Associates → JKHY | United States | $11.9bn | 0.035% | -0.001 pp | -0.011 pp | -5.7% | Yes |
| Fiserv → FISV | United States | $79.7bn | 0.238% | +0.008 pp | +0.006 pp | +31.4% | Yes |
| Mastercard → MA | United States | $52.3bn | 0.156% | -0.006 pp | +0.002 pp | +23.4% | Yes |
| Global Payments → GPN | United States | $33.1bn | 0.099% | -0.002 pp | +0.002 pp | +29.0% | 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.