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 Banks3.90%+0.41 ppAsset Management & Custody Banks0.72%+0.20 ppProperty & Casualty Insurance1.19%+0.14 ppConsumer Finance0.70%+0.12 ppTransaction & Payment Processing Services1.29%-0.09 ppInsurance Brokers0.75%-0.07 ppLife & Health Insurance0.48%-0.03 ppFinancial Exchanges & Data1.11%-0.02 ppMulti-line Insurance0.22%+0.02 ppInvestment Banking & Brokerage1.18%-0.01 ppRegional Banks0.33%+0.00 ppReinsurance0.05%-0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.29%
Industry change · 12M
-0.09 pp
Transaction & Payment Processing Services · contribution
-0.090 pp
Company participation
50%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Apr 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 | $71.0bn | 0.206% | +0.009 pp | -0.085 pp | -10.6% | Yes |
| Corpay → CPAY | United States | $21.7bn | 0.063% | +0.001 pp | +0.010 pp | +41.2% | Yes |
| Global Payments → GPN | United States | $31.7bn | 0.092% | -0.011 pp | -0.008 pp | +9.8% | No |
| Jack Henry & Associates → JKHY | United States | $11.9bn | 0.034% | -0.002 pp | -0.006 pp | +1.0% | No |
| Fiserv → FISV | United States | $89.3bn | 0.259% | +0.006 pp | +0.004 pp | +25.0% | Yes |
| Fidelity National Information Services → FIS | United States | $39.2bn | 0.113% | +0.004 pp | -0.004 pp | +19.5% | Yes |
| Visa Inc. → V | United States | $126.1bn | 0.365% | -0.016 pp | -0.004 pp | +16.3% | No |
| Mastercard → MA | United States | $55.3bn | 0.160% | -0.004 pp | +0.003 pp | +19.4% | 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.