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%-0.44 ppInvestment Banking & Brokerage1.08%-0.34 ppRegional Banks0.32%-0.15 ppAsset Management & Custody Banks0.75%+0.13 ppLife & Health Insurance0.48%-0.11 ppTransaction & Payment Processing Services1.29%-0.11 ppInsurance Brokers0.77%-0.02 ppFinancial Exchanges & Data1.16%+0.02 ppMulti-line Insurance0.22%-0.02 ppProperty & Casualty Insurance1.14%-0.01 ppReinsurance0.05%-0.01 ppConsumer Finance0.65%-0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.29%
Industry change · 12M
-0.11 pp
Transaction & Payment Processing Services · contribution
-0.108 pp
Company participation
63%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Feb 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 | $64.7bn | 0.185% | -0.008 pp | -0.107 pp | -18.0% | No |
| Fidelity National Information Services → FIS | United States | $39.9bn | 0.114% | +0.006 pp | -0.018 pp | +13.2% | Yes |
| Visa Inc. → V | United States | $132.6bn | 0.380% | +0.005 pp | +0.017 pp | +29.5% | Yes |
| Mastercard → MA | United States | $58.2bn | 0.167% | +0.009 pp | +0.014 pp | +34.4% | Yes |
| Global Payments → GPN | United States | $33.5bn | 0.096% | +0.001 pp | -0.008 pp | +16.6% | No |
| Jack Henry & Associates → JKHY | United States | $12.7bn | 0.036% | +0.000 pp | -0.006 pp | +7.2% | Yes |
| Corpay → CPAY | United States | $20.1bn | 0.057% | +0.003 pp | +0.002 pp | +30.0% | No |
| Fiserv → FISV | United States | $88.1bn | 0.253% | +0.008 pp | -0.002 pp | +29.7% | 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.