List five funds with betas less than or equal to .5 from the resulting list, then Compare. Rank the five funds according to their betas and then according to their standard deviations. Do both lists rank the funds in the same order? How would you explain any difference in the rankings?

Repeat the exercise to compare five funds that have betas greater than or equal to 1.50. Why might the degree of agreement when ranking funds by beta versus standard deviation differ when using high versus low beta funds?