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
Financial Exchanges & Data0.78%-0.31 ppTransaction & Payment Processing Services0.70%-0.29 ppAsset Management & Custody Banks1.28%-0.27 ppInsurance Brokers0.50%-0.15 ppConsumer Finance0.66%-0.12 ppDiversified Banks3.72%-0.10 ppInvestment Banking & Brokerage1.49%+0.09 ppProperty & Casualty Insurance0.93%-0.07 ppRegional Banks0.35%+0.05 ppMulti-line Insurance0.14%-0.02 ppReinsurance0.03%-0.00 ppLife & Health Insurance0.36%+0.00 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
0.70%
Industry change · 12M
-0.29 pp
Transaction & Payment Processing Services · contribution
-0.285 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jul 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 | $28.8bn | 0.050% | +0.005 pp | -0.109 pp | -61.2% | Yes |
| PayPal → PYPL | United States | $50.5bn | 0.088% | +0.025 pp | -0.050 pp | -16.1% | Yes |
| Fidelity National Information Services → FIS | United States | $23.1bn | 0.040% | +0.008 pp | -0.048 pp | -41.8% | Yes |
| Visa Inc. → V | United States | $171.8bn | 0.300% | +0.090 pp | -0.042 pp | +6.8% | Yes |
| Mastercard → MA | United States | $70.2bn | 0.123% | +0.039 pp | -0.024 pp | +1.8% | Yes |
| Jack Henry & Associates → JKHY | United States | $10.9bn | 0.019% | +0.004 pp | -0.007 pp | -7.9% | Yes |
| Corpay → CPAY | United States | $25.0bn | 0.044% | +0.015 pp | -0.004 pp | +18.3% | Yes |
| Global Payments → GPN | United States | $23.0bn | 0.040% | +0.013 pp | -0.001 pp | +6.5% | 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.