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 Banks3.54%-0.33 ppTransaction & Payment Processing Services0.68%-0.30 ppFinancial Exchanges & Data0.77%-0.27 ppAsset Management & Custody Banks1.30%-0.21 ppConsumer Finance0.63%-0.21 ppInsurance Brokers0.47%-0.20 ppProperty & Casualty Insurance0.87%-0.15 ppLife & Health Insurance0.33%-0.04 ppInvestment Banking & Brokerage1.44%+0.03 ppMulti-line Insurance0.13%-0.03 ppReinsurance0.02%-0.01 ppRegional Banks0.32%-0.00 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
0.68%
Industry change · 12M
-0.30 pp
Transaction & Payment Processing Services · contribution
-0.300 pp
Company participation
75%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Aug 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 | $28.3bn | 0.047% | -0.005 pp | -0.109 pp | -61.4% | No |
| PayPal → PYPL | United States | $46.5bn | 0.077% | +0.009 pp | -0.062 pp | -24.3% | Yes |
| Visa Inc. → V | United States | $178.0bn | 0.296% | +0.031 pp | -0.046 pp | +8.7% | Yes |
| Fidelity National Information Services → FIS | United States | $21.0bn | 0.035% | -0.003 pp | -0.041 pp | -39.7% | No |
| Mastercard → MA | United States | $72.2bn | 0.120% | +0.015 pp | -0.031 pp | -0.4% | Yes |
| Jack Henry & Associates → JKHY | United States | $11.8bn | 0.020% | +0.003 pp | -0.005 pp | +4.4% | Yes |
| Global Payments → GPN | United States | $24.1bn | 0.040% | +0.004 pp | -0.005 pp | +3.9% | Yes |
| Corpay → CPAY | United States | $26.5bn | 0.044% | +0.003 pp | -0.003 pp | +24.1% | 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.