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 Banks3.84%+0.53 ppAsset Management & Custody Banks1.45%+0.49 ppInvestment Banking & Brokerage1.41%+0.40 ppTransaction & Payment Processing Services0.90%-0.21 ppConsumer Finance0.79%+0.16 ppFinancial Exchanges & Data0.94%-0.16 ppProperty & Casualty Insurance1.00%-0.13 ppLife & Health Insurance0.36%-0.09 ppInsurance Brokers0.64%-0.07 ppMulti-line Insurance0.15%-0.02 ppRegional Banks0.31%-0.01 ppReinsurance0.03%-0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
0.90%
Industry change · 12M
-0.21 pp
Transaction & Payment Processing Services · contribution
-0.215 pp
Company participation
0%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Sep 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 |
|---|---|---|---|---|---|---|---|
| Fiserv → FISV | United States | $70.1bn | 0.140% | -0.066 pp | -0.100 pp | -28.2% | No |
| PayPal → PYPL | United States | $64.1bn | 0.128% | -0.028 pp | -0.057 pp | -14.1% | No |
| Fidelity National Information Services → FIS | United States | $34.4bn | 0.069% | -0.023 pp | -0.037 pp | -19.6% | No |
| Visa Inc. → V | United States | $160.2bn | 0.321% | -0.039 pp | +0.020 pp | +25.0% | No |
| Global Payments → GPN | United States | $20.2bn | 0.040% | -0.002 pp | -0.020 pp | -18.0% | No |
| Corpay → CPAY | United States | $20.3bn | 0.041% | -0.010 pp | -0.010 pp | -7.9% | No |
| Jack Henry & Associates → JKHY | United States | $10.9bn | 0.022% | -0.007 pp | -0.008 pp | -14.5% | No |
| Mastercard → MA | United States | $69.7bn | 0.140% | -0.009 pp | -0.001 pp | +15.9% | 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.