FNO vs ZHE Fund Comparison
Price, period returns, size, investor count and risk score of FNO (QNB Portföy Birinci Değişken Fon) and ZHE (Türkiye Hayat ve Emeklilik A.Ş. Dengeli Değişken Emeklilik Yatırım Fonu) side by side.
If You Had Invested TRY 10,000
Metric Comparison
| Metric | FNO | ZHE | Category median |
|---|---|---|---|
| Daily | −0.30% | −2.38% | −1.41% |
| 1 week | 0.75% | −4.40% | −0.69% |
| 1 month | 0.39% | −12.23% | −3.96% |
| 3 months | 4.85% | −17.20% | −1.43% |
| 6 months | 9.46% | −20.11% | 1.85% |
| YTD | 18.09% | −11.33% | 17.97% |
| 1 year | 28.20% | −6.71% | 23.69% |
| 3 years | 183.55% | 67.27% | 149.99% |
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About the FNO vs ZHE Comparison
The price, returns, size and risk of FNO (QNB Portföy Birinci Değişken Fon) and ZHE (Türkiye Hayat ve Emeklilik A.Ş. Dengeli Değişken Emeklilik Yatırım Fonu) are compared side by side as of November 2, 2026. Of the 11 metrics compared, FNO leads in 9 and ZHE leads in 2. FNO is a Variable Fund fund managed by QNB Finans Portföy Yönetimi A.Ş.; ZHE is a Variable Fund fund managed by Türkiye Hayat ve Emeklilik A.Ş..
Highlights: Daily: FNO leads (−0.30% vs −2.38%). 1 week: FNO leads (0.75% vs −4.40%). 1 month: FNO leads (0.39% vs −12.23%). 3 months: FNO leads (4.85% vs −17.20%). 6 months: FNO leads (9.46% vs −20.11%). YTD: FNO leads (18.09% vs −11.33%). 1 year: FNO leads (28.20% vs −6.71%). 3 years: FNO leads (183.55% vs 67.27%). Size (TRY): ZHE leads (10.9B vs 9.3B). Investors: ZHE leads (483,101 vs 5,849). Risk: FNO leads (4 vs 6).
Frequently Asked Questions
Which earned more, FNO or ZHE?
Year to date FNO returned 18.09% and ZHE returned −11.33%; over the last year FNO returned 28.20% and ZHE returned −6.71%. Over the last month FNO returned 0.39% and ZHE returned −12.23%. Past performance does not indicate future returns.
Which is larger and which has more investors, FNO or ZHE?
As of November 2, 2026, FNO has a size of TRY 9.3B with 5,849 investors, while ZHE has a size of TRY 10.9B with 483,101 investors. ZHE leads in size and ZHE leads in investor count.
What do the risk scores of FNO and ZHE mean?
The CMB risk score of FNO is 4 out of 7 and that of ZHE is 6. The risk score reflects the historical volatility of the fund price; 1 is the lowest and 7 the highest risk. A lower score means less volatility, not a guarantee of higher returns.