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 Services0.62%-0.51 ppDiversified Banks3.22%-0.49 ppProperty & Casualty Insurance0.80%-0.40 ppInsurance Brokers0.41%-0.37 ppFinancial Exchanges & Data0.77%-0.35 ppAsset Management & Custody Banks1.18%-0.25 ppInvestment Banking & Brokerage1.41%+0.10 ppLife & Health Insurance0.31%-0.08 ppConsumer Finance0.62%-0.06 ppMulti-line Insurance0.13%-0.05 ppRegional Banks0.32%+0.02 ppReinsurance0.02%-0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
0.62%
Industry change · 12M
-0.51 pp
Transaction & Payment Processing Services · contribution
-0.506 pp
Company participation
50%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
May 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 | $30.2bn | 0.052% | +0.007 pp | -0.152 pp | -65.3% | No |
| Visa Inc. → V | United States | $153.2bn | 0.265% | +0.059 pp | -0.123 pp | -9.9% | Yes |
| PayPal → PYPL | United States | $39.5bn | 0.068% | +0.010 pp | -0.086 pp | -36.0% | No |
| Mastercard → MA | United States | $60.5bn | 0.105% | +0.018 pp | -0.058 pp | -15.1% | Yes |
| Fidelity National Information Services → FIS | United States | $22.2bn | 0.039% | +0.003 pp | -0.056 pp | -44.6% | No |
| Jack Henry & Associates → JKHY | United States | $9.7bn | 0.017% | +0.001 pp | -0.013 pp | -24.0% | No |
| Corpay → CPAY | United States | $23.6bn | 0.041% | +0.011 pp | -0.011 pp | +11.3% | Yes |
| Global Payments → GPN | United States | $20.7bn | 0.036% | +0.006 pp | -0.006 pp | +1.1% | 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.