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
Latest available · not live
20182026
Universe›Financials›Transaction & Payment Processing Services›Transaction & Payment Processing Services
1 · Sector
Weight and 12M allocation change
2 · Industry
Inside Financials
Diversified Banks3.30%-0.54 ppAsset Management & Custody Banks1.15%-0.30 ppTransaction & Payment Processing Services0.64%-0.26 ppInsurance Brokers0.41%-0.23 ppFinancial Exchanges & Data0.72%-0.23 ppConsumer Finance0.58%-0.21 ppProperty & Casualty Insurance0.83%-0.18 ppInvestment Banking & Brokerage1.28%-0.13 ppLife & Health Insurance0.32%-0.04 ppMulti-line Insurance0.12%-0.03 ppReinsurance0.02%-0.01 ppRegional Banks0.30%-0.00 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Transaction & Payment Processing Services
Transaction & Payment Processing Services · weight
0.64%
Industry change · 12M
-0.26 pp
Transaction & Payment Processing Services · contribution
-0.261 pp
Company participation
63%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Sep 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 | $24.0bn | 0.040% | -0.005 pp | -0.100 pp | -65.0% | No |
| PayPal → PYPL | United States | $46.3bn | 0.078% | +0.012 pp | -0.050 pp | -20.8% | Yes |
| Fidelity National Information Services → FIS | United States | $17.0bn | 0.029% | -0.006 pp | -0.040 pp | -48.2% | No |
| Visa Inc. → V | United States | $168.6bn | 0.283% | +0.004 pp | -0.037 pp | +6.1% | Yes |
| Mastercard → MA | United States | $67.6bn | 0.114% | +0.004 pp | -0.026 pp | -2.4% | Yes |
| Jack Henry & Associates → JKHY | United States | $10.0bn | 0.017% | -0.000 pp | -0.005 pp | -2.4% | No |
| Global Payments → GPN | United States | $21.6bn | 0.036% | +0.002 pp | -0.004 pp | -0.4% | Yes |
| Corpay → CPAY | United States | $25.5bn | 0.043% | +0.005 pp | +0.002 pp | +34.9% | 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.