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 Banks2.53%-1.29 ppTransaction & Payment Processing Services0.51%-0.71 ppAsset Management & Custody Banks0.87%-0.66 ppFinancial Exchanges & Data0.62%-0.49 ppProperty & Casualty Insurance0.70%-0.44 ppInsurance Brokers0.38%-0.43 ppInvestment Banking & Brokerage0.99%-0.32 ppConsumer Finance0.49%-0.21 ppLife & Health Insurance0.24%-0.19 ppRegional Banks0.25%-0.07 ppMulti-line Insurance0.11%-0.07 ppReinsurance0.02%-0.02 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
0.51%
Industry change · 12M
-0.71 pp
Transaction & Payment Processing Services · contribution
-0.711 pp
Company participation
0%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Feb 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 | $33.3bn | 0.046% | -0.019 pp | -0.250 pp | -73.6% | No |
| Visa Inc. → V | United States | $150.2bn | 0.206% | -0.102 pp | -0.174 pp | -11.1% | No |
| PayPal → PYPL | United States | $42.5bn | 0.058% | -0.057 pp | -0.099 pp | -34.8% | No |
| Mastercard → MA | United States | $63.4bn | 0.087% | -0.046 pp | -0.071 pp | -9.7% | No |
| Fidelity National Information Services → FIS | United States | $26.2bn | 0.036% | -0.031 pp | -0.048 pp | -26.7% | No |
| Global Payments → GPN | United States | $21.4bn | 0.029% | -0.006 pp | -0.029 pp | -26.5% | No |
| Corpay → CPAY | United States | $22.1bn | 0.030% | -0.010 pp | -0.027 pp | -11.4% | No |
| Jack Henry & Associates → JKHY | United States | $11.7bn | 0.016% | -0.009 pp | -0.012 pp | -5.2% | 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.