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 Banks3.71%+1.04 ppAsset Management & Custody Banks1.44%+0.94 ppInvestment Banking & Brokerage1.31%+0.50 ppProperty & Casualty Insurance1.20%+0.38 ppFinancial Exchanges & Data1.11%+0.35 ppTransaction & Payment Processing Services1.13%+0.30 ppInsurance Brokers0.79%+0.27 ppConsumer Finance0.68%+0.22 ppRegional Banks0.30%+0.07 ppLife & Health Insurance0.39%+0.06 ppMulti-line Insurance0.18%+0.03 ppReinsurance0.03%+0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
1.13%
Industry change · 12M
+0.30 pp
Transaction & Payment Processing Services · contribution
+0.297 pp
Company participation
38%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
May 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 |
|---|---|---|---|---|---|---|---|
| Visa Inc. → V | United States | $171.4bn | 0.388% | +0.008 pp | +0.144 pp | +35.0% | Yes |
| Mastercard → MA | United States | $71.8bn | 0.163% | +0.005 pp | +0.058 pp | +31.8% | Yes |
| Fiserv → FISV | United States | $90.3bn | 0.205% | -0.091 pp | +0.037 pp | +8.7% | No |
| PayPal → PYPL | United States | $68.3bn | 0.155% | -0.002 pp | +0.029 pp | +11.6% | No |
| Corpay → CPAY | United States | $22.9bn | 0.052% | -0.006 pp | +0.016 pp | +21.5% | No |
| Fidelity National Information Services → FIS | United States | $41.8bn | 0.095% | +0.011 pp | +0.014 pp | +6.9% | No |
| Global Payments → GPN | United States | $18.4bn | 0.042% | -0.017 pp | -0.008 pp | -25.0% | No |
| Jack Henry & Associates → JKHY | United States | $13.2bn | 0.030% | +0.002 pp | +0.007 pp | +11.4% | 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.