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Based on the provided data what is the excess return of the VOO ETF fund for 2 0 2 2 ? Year T - bill

Based on the provided data what is the excess return of the VOO ETF fund for 2022?
Year T-bill total return S&P 500 total return VOO ETF total return
20234.29%26.29%26.33%
2022-3.82%-18.11%-18.15%
2021-0.60%28.71%28.60%
20203.16%18.40%18.40%
20193.59%31.49%31.47%
Group of answer choices
excess return <=5%
5%< excess return <=10%
10%< excess return <=15%
15%< excess return

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