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 Banks2.64%-1.01 ppTransaction & Payment Processing Services0.50%-0.68 ppProperty & Casualty Insurance0.66%-0.56 ppFinancial Exchanges & Data0.60%-0.52 ppAsset Management & Custody Banks0.94%-0.50 ppInsurance Brokers0.33%-0.46 ppInvestment Banking & Brokerage1.05%-0.23 ppLife & Health Insurance0.24%-0.18 ppConsumer Finance0.50%-0.17 ppMulti-line Insurance0.10%-0.08 ppRegional Banks0.26%-0.04 ppReinsurance0.02%-0.02 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
0.50%
Industry change · 12M
-0.68 pp
Transaction & Payment Processing Services · contribution
-0.676 pp
Company participation
0%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Apr 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 | $33.5bn | 0.045% | -0.020 pp | -0.200 pp | -66.1% | No |
| Visa Inc. → V | United States | $154.8bn | 0.210% | -0.079 pp | -0.179 pp | -3.8% | No |
| PayPal → PYPL | United States | $46.2bn | 0.063% | -0.032 pp | -0.091 pp | -23.4% | No |
| Mastercard → MA | United States | $61.6bn | 0.084% | -0.043 pp | -0.078 pp | -7.7% | No |
| Fidelity National Information Services → FIS | United States | $23.9bn | 0.032% | -0.022 pp | -0.068 pp | -39.5% | No |
| Corpay → CPAY | United States | $20.9bn | 0.028% | -0.014 pp | -0.027 pp | -5.8% | No |
| Global Payments → GPN | United States | $20.1bn | 0.027% | -0.005 pp | -0.018 pp | -4.5% | No |
| Jack Henry & Associates → JKHY | United States | $11.1bn | 0.015% | -0.010 pp | -0.015 pp | -10.1% | 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.