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 Banks1.44%+0.72 ppDiversified Banks3.65%-0.24 ppTransaction & Payment Processing Services1.18%-0.11 ppInvestment Banking & Brokerage1.28%+0.10 ppLife & Health Insurance0.42%-0.06 ppInsurance Brokers0.80%+0.04 ppMulti-line Insurance0.18%-0.04 ppRegional Banks0.30%-0.04 ppConsumer Finance0.66%-0.04 ppProperty & Casualty Insurance1.22%+0.03 ppReinsurance0.04%-0.01 ppFinancial Exchanges & Data1.12%+0.01 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.18%
Industry change · 12M
-0.11 pp
Transaction & Payment Processing Services · contribution
-0.111 pp
Company participation
50%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Apr 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 | $64.0bn | 0.154% | -0.044 pp | -0.052 pp | -3.1% | No |
| Global Payments → GPN | United States | $18.9bn | 0.045% | -0.018 pp | -0.046 pp | -37.2% | No |
| Visa Inc. → V | United States | $162.1bn | 0.389% | +0.033 pp | +0.024 pp | +29.6% | Yes |
| Fidelity National Information Services → FIS | United States | $41.8bn | 0.100% | +0.003 pp | -0.013 pp | +18.4% | Yes |
| Fiserv → FISV | United States | $102.3bn | 0.246% | -0.028 pp | -0.013 pp | +20.9% | No |
| Corpay → CPAY | United States | $22.9bn | 0.055% | -0.004 pp | -0.008 pp | +7.7% | No |
| Jack Henry & Associates → JKHY | United States | $12.6bn | 0.030% | +0.002 pp | -0.004 pp | +8.0% | Yes |
| Mastercard → MA | United States | $67.2bn | 0.161% | +0.010 pp | +0.001 pp | +22.2% | 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.