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 Banks2.63%-1.07 ppTransaction & Payment Processing Services0.51%-0.73 ppAsset Management & Custody Banks0.90%-0.57 ppProperty & Casualty Insurance0.70%-0.54 ppFinancial Exchanges & Data0.63%-0.51 ppInsurance Brokers0.38%-0.49 ppInvestment Banking & Brokerage1.03%-0.22 ppLife & Health Insurance0.24%-0.20 ppConsumer Finance0.50%-0.16 ppMulti-line Insurance0.11%-0.09 ppRegional Banks0.25%-0.06 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
-0.73 pp
Transaction & Payment Processing Services · contribution
-0.731 pp
Company participation
0%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Mar 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 | $29.8bn | 0.043% | -0.027 pp | -0.251 pp | -74.7% | No |
| Visa Inc. → V | United States | $141.8bn | 0.207% | -0.116 pp | -0.184 pp | -13.1% | No |
| PayPal → PYPL | United States | $41.6bn | 0.061% | -0.046 pp | -0.093 pp | -30.3% | No |
| Mastercard → MA | United States | $61.2bn | 0.089% | -0.048 pp | -0.070 pp | -8.3% | No |
| Fidelity National Information Services → FIS | United States | $24.1bn | 0.035% | -0.032 pp | -0.059 pp | -35.6% | No |
| Global Payments → GPN | United States | $18.8bn | 0.027% | -0.008 pp | -0.030 pp | -30.4% | No |
| Corpay → CPAY | United States | $19.8bn | 0.029% | -0.012 pp | -0.029 pp | -16.6% | No |
| Jack Henry & Associates → JKHY | United States | $11.4bn | 0.017% | -0.009 pp | -0.015 pp | -12.3% | 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.