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 Services0.81%-0.38 ppDiversified Banks3.93%+0.33 ppInvestment Banking & Brokerage1.48%+0.33 ppAsset Management & Custody Banks1.43%-0.18 ppConsumer Finance0.86%+0.17 ppInsurance Brokers0.57%-0.12 ppFinancial Exchanges & Data0.95%-0.10 ppProperty & Casualty Insurance0.98%-0.08 ppLife & Health Insurance0.35%-0.06 ppMulti-line Insurance0.16%-0.01 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
0.81%
Industry change · 12M
-0.38 pp
Transaction & Payment Processing Services · contribution
-0.380 pp
Company participation
13%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Dec 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 | $36.1bn | 0.071% | -0.070 pp | -0.194 pp | -67.3% | No |
| PayPal → PYPL | United States | $54.6bn | 0.107% | -0.021 pp | -0.087 pp | -31.4% | No |
| Fidelity National Information Services → FIS | United States | $34.4bn | 0.067% | -0.002 pp | -0.031 pp | -15.8% | No |
| Global Payments → GPN | United States | $18.3bn | 0.036% | -0.004 pp | -0.029 pp | -30.1% | No |
| Visa Inc. → V | United States | $164.6bn | 0.322% | +0.002 pp | -0.014 pp | +11.8% | No |
| Corpay → CPAY | United States | $21.1bn | 0.041% | +0.001 pp | -0.012 pp | -11.1% | No |
| Mastercard → MA | United States | $70.0bn | 0.137% | -0.003 pp | -0.009 pp | +9.0% | No |
| Jack Henry & Associates → JKHY | United States | $13.2bn | 0.026% | +0.004 pp | -0.003 pp | +5.5% | 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.