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 Banks1.47%+0.71 ppDiversified Banks3.71%-0.15 ppInvestment Banking & Brokerage1.26%+0.12 ppInsurance Brokers0.86%+0.10 ppProperty & Casualty Insurance1.24%+0.07 ppTransaction & Payment Processing Services1.24%-0.06 ppLife & Health Insurance0.44%-0.05 ppMulti-line Insurance0.19%-0.03 ppRegional Banks0.31%-0.02 ppReinsurance0.04%-0.01 ppConsumer Finance0.66%-0.00 ppFinancial Exchanges & Data1.14%+0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.24%
Industry change · 12M
-0.06 pp
Transaction & Payment Processing Services · contribution
-0.060 pp
Company participation
63%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Mar 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 |
|---|---|---|---|---|---|---|---|
| PayPal → PYPL | United States | $64.5bn | 0.153% | -0.041 pp | -0.046 pp | -2.6% | No |
| Global Payments → GPN | United States | $24.2bn | 0.058% | -0.007 pp | -0.038 pp | -26.0% | No |
| Fiserv → FISV | United States | $123.9bn | 0.294% | +0.029 pp | +0.033 pp | +38.2% | Yes |
| Visa Inc. → V | United States | $164.5bn | 0.390% | +0.054 pp | +0.027 pp | +26.5% | Yes |
| Fidelity National Information Services → FIS | United States | $39.6bn | 0.094% | -0.005 pp | -0.025 pp | +2.6% | No |
| Mastercard → MA | United States | $67.2bn | 0.159% | +0.013 pp | -0.004 pp | +14.5% | Yes |
| Jack Henry & Associates → JKHY | United States | $13.3bn | 0.032% | +0.003 pp | -0.004 pp | +6.5% | Yes |
| Corpay → CPAY | United States | $24.5bn | 0.058% | +0.005 pp | -0.003 pp | +13.0% | 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.