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 Services0.73%-0.50 ppAsset Management & Custody Banks1.38%-0.30 ppInvestment Banking & Brokerage1.51%+0.26 ppInsurance Brokers0.55%-0.15 ppDiversified Banks3.74%-0.14 ppProperty & Casualty Insurance0.92%-0.12 ppFinancial Exchanges & Data0.96%-0.12 ppLife & Health Insurance0.35%-0.08 ppConsumer Finance0.78%+0.05 ppMulti-line Insurance0.14%-0.03 ppRegional Banks0.32%-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
0.73%
Industry change · 12M
-0.50 pp
Transaction & Payment Processing Services · contribution
-0.498 pp
Company participation
25%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jan 2026 · 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 | $34.3bn | 0.066% | -0.005 pp | -0.208 pp | -70.5% | No |
| PayPal → PYPL | United States | $49.3bn | 0.094% | -0.033 pp | -0.103 pp | -40.4% | No |
| Visa Inc. → V | United States | $151.0bn | 0.289% | -0.024 pp | -0.068 pp | -5.2% | No |
| Fidelity National Information Services → FIS | United States | $28.6bn | 0.055% | -0.009 pp | -0.043 pp | -30.6% | No |
| Global Payments → GPN | United States | $17.0bn | 0.032% | -0.004 pp | -0.031 pp | -35.7% | No |
| Mastercard → MA | United States | $66.0bn | 0.126% | -0.006 pp | -0.025 pp | -2.4% | No |
| Corpay → CPAY | United States | $22.0bn | 0.042% | +0.006 pp | -0.017 pp | -17.3% | Yes |
| Jack Henry & Associates → JKHY | United States | $13.0bn | 0.025% | +0.004 pp | -0.003 pp | +4.3% | 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.