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 Banks3.85%+0.45 ppAsset Management & Custody Banks0.76%+0.21 ppProperty & Casualty Insurance1.18%+0.12 ppConsumer Finance0.66%+0.08 ppTransaction & Payment Processing Services1.30%-0.04 ppInvestment Banking & Brokerage1.14%-0.04 ppMulti-line Insurance0.22%+0.03 ppInsurance Brokers0.76%-0.02 ppFinancial Exchanges & Data1.13%-0.01 ppLife & Health Insurance0.49%+0.00 ppRegional Banks0.33%-0.00 ppMulti-Sector Holdings0.00%+0.00 ppReinsurance0.05%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.30%
Industry change · 12M
-0.04 pp
Transaction & Payment Processing Services · contribution
-0.044 pp
Company participation
63%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Mar 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 | $71.8bn | 0.199% | +0.002 pp | -0.094 pp | -11.8% | Yes |
| Fiserv → FISV | United States | $94.4bn | 0.262% | +0.024 pp | +0.019 pp | +41.4% | Yes |
| Mastercard → MA | United States | $59.0bn | 0.164% | +0.008 pp | +0.012 pp | +33.3% | Yes |
| Fidelity National Information Services → FIS | United States | $42.8bn | 0.119% | +0.012 pp | +0.009 pp | +41.1% | Yes |
| Corpay → CPAY | United States | $22.2bn | 0.061% | +0.001 pp | +0.009 pp | +46.3% | Yes |
| Jack Henry & Associates → JKHY | United States | $12.7bn | 0.035% | -0.000 pp | -0.002 pp | +16.8% | No |
| Visa Inc. → V | United States | $131.0bn | 0.363% | -0.001 pp | +0.002 pp | +24.8% | No |
| Global Payments → GPN | United States | $34.5bn | 0.096% | -0.003 pp | +0.001 pp | +28.1% | No |
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.