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
Asset Management & Custody Banks1.67%+0.92 ppDiversified Banks3.87%+0.19 ppInvestment Banking & Brokerage1.26%+0.15 ppFinancial Exchanges & Data1.08%-0.14 ppConsumer Finance0.73%+0.09 ppProperty & Casualty Insurance1.05%-0.09 ppTransaction & Payment Processing Services1.23%-0.08 ppLife & Health Insurance0.43%-0.08 ppMulti-line Insurance0.17%-0.05 ppInsurance Brokers0.70%-0.05 ppReinsurance0.03%-0.02 ppRegional Banks0.33%+0.00 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.23%
Industry change · 12M
-0.08 pp
Transaction & Payment Processing Services · contribution
-0.078 pp
Company participation
63%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jan 2025 · 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 |
|---|---|---|---|---|---|---|---|
| Global Payments → GPN | United States | $28.7bn | 0.064% | +0.002 pp | -0.039 pp | -14.5% | No |
| Visa Inc. → V | United States | $160.4bn | 0.357% | +0.037 pp | -0.025 pp | +26.0% | Yes |
| Fiserv → FISV | United States | $122.9bn | 0.273% | +0.009 pp | +0.020 pp | +52.3% | Yes |
| Mastercard → MA | United States | $68.1bn | 0.151% | +0.007 pp | -0.012 pp | +24.3% | Yes |
| Fidelity National Information Services → FIS | United States | $43.9bn | 0.098% | -0.018 pp | -0.012 pp | +33.3% | No |
| Jack Henry & Associates → JKHY | United States | $12.7bn | 0.028% | -0.003 pp | -0.008 pp | +6.3% | No |
| Corpay → CPAY | United States | $26.5bn | 0.059% | +0.005 pp | -0.003 pp | +31.2% | Yes |
| PayPal → PYPL | United States | $88.8bn | 0.197% | +0.011 pp | +0.001 pp | +44.4% | 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.