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 Banks3.68%-0.36 ppInvestment Banking & Brokerage1.11%-0.30 ppAsset Management & Custody Banks0.76%+0.14 ppRegional Banks0.33%-0.13 ppTransaction & Payment Processing Services1.31%-0.12 ppLife & Health Insurance0.50%-0.10 ppInsurance Brokers0.75%-0.06 ppFinancial Exchanges & Data1.22%+0.03 ppConsumer Finance0.64%-0.02 ppMulti-line Insurance0.22%-0.01 ppReinsurance0.05%+0.00 ppProperty & Casualty Insurance1.13%-0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.31%
Industry change · 12M
-0.12 pp
Transaction & Payment Processing Services · contribution
-0.123 pp
Company participation
75%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jan 2024 · 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 | $66.1bn | 0.197% | +0.003 pp | -0.121 pp | -24.7% | No |
| Fidelity National Information Services → FIS | United States | $36.9bn | 0.110% | +0.011 pp | -0.043 pp | -14.0% | Yes |
| Fiserv → FISV | United States | $85.1bn | 0.253% | +0.021 pp | +0.021 pp | +33.0% | Yes |
| Visa Inc. → V | United States | $128.2bn | 0.381% | +0.006 pp | +0.012 pp | +19.6% | Yes |
| Corpay → CPAY | United States | $20.9bn | 0.062% | +0.006 pp | +0.010 pp | +38.8% | Yes |
| Jack Henry & Associates → JKHY | United States | $12.1bn | 0.036% | +0.001 pp | -0.009 pp | -6.7% | No |
| Mastercard → MA | United States | $55.0bn | 0.164% | +0.007 pp | +0.008 pp | +22.0% | Yes |
| Global Payments → GPN | United States | $34.7bn | 0.103% | +0.009 pp | -0.001 pp | +19.3% | 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.