Question 51 1 pts The Vanguard Total U.S. Stock Market Index Fund (VTSMX) has a standard deviation of 11.55% compared to the S&P500's 11.44%. The R-squared for VTSMX's characteristic line is 99.93%and it has an alpha of -0.01 according to Morningstar. The beta for VTSMX is 1.01. Which of the following statements is correct? Beta is the best measure for VTSMX because, while its SD is greater than the S&P500, given its defensiveness against the overall market based on the types of securities the fund holds, the higher beta of 1.01 is a more reasonable measure of the fund's risk. O SD is a better risk measure for VTSMX because the fund is not a well-diversified fund as evidenced by the beta > 1.0. o Beta is a better risk measure for VTSMX because the fund is well-diversified as evidenced by the R-squared > 90%. o SD is a better risk measure for VTSMX because the fund is not well diversified as evidenced by the R-squared > 90%. The USA Mutual Barriers Investors Fund (VICEX) has a standard deviation of 11.55% compared to the S&P500's 10.94%. The R-squared for VICEX's characteristic line is 69.93%and it has an alpha of -0.76 according to Morningstar. The beta for VICEX is 0.93. Which of the following statements is correct? O Beta is the best measure for VICEX because, while its SD is greater than the S&P500, given its defensiveness against the overall market based on the types of securities the fund holds, the lower beta of 0.88 is a more reasonable measure of the fund's risk. OSD is a better risk measure for VICEX because the fund is not a well-diversified fund as evidenced by the beta