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
Transaction & Payment Processing Services0.79%-0.41 ppInvestment Banking & Brokerage1.41%+0.20 ppInsurance Brokers0.57%-0.17 ppFinancial Exchanges & Data0.92%-0.15 ppProperty & Casualty Insurance0.98%-0.15 ppConsumer Finance0.82%+0.13 ppAsset Management & Custody Banks1.33%-0.11 ppLife & Health Insurance0.34%-0.10 ppRegional Banks0.29%-0.06 ppDiversified Banks3.75%+0.03 ppMulti-line Insurance0.15%-0.03 ppReinsurance0.03%-0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
0.79%
Industry change · 12M
-0.41 pp
Transaction & Payment Processing Services · contribution
-0.406 pp
Company participation
13%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Nov 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 | $33.1bn | 0.065% | -0.091 pp | -0.212 pp | -72.2% | No |
| PayPal → PYPL | United States | $58.7bn | 0.115% | -0.024 pp | -0.077 pp | -27.6% | No |
| Fidelity National Information Services → FIS | United States | $34.1bn | 0.067% | -0.009 pp | -0.034 pp | -21.3% | No |
| Global Payments → GPN | United States | $17.9bn | 0.035% | -0.009 pp | -0.032 pp | -35.6% | No |
| Corpay → CPAY | United States | $20.7bn | 0.041% | -0.007 pp | -0.018 pp | -22.4% | No |
| Visa Inc. → V | United States | $156.9bn | 0.308% | -0.034 pp | -0.018 pp | +6.9% | No |
| Mastercard → MA | United States | $67.5bn | 0.133% | -0.019 pp | -0.012 pp | +3.9% | No |
| Jack Henry & Associates → JKHY | United States | $12.6bn | 0.025% | +0.000 pp | -0.004 pp | +0.3% | 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.