Saved

You decide to invest in a portfolio with two Exchange Traded Funds (ETFs). ETF 1 has a standard deviation of 13.4%, and an expected return of 4.3%. ETF 2 has a standard deviation of 19.7% and an expected return of 9.7%. The covariance of the ETFs is 0.5. If your goal is to minimize the risk of the portfolio, which of the below proportional ownerships is the best option?

a)	10% ETF 1 / 90 % ETF 2

b)	25% ETF 1 / 75 % ETF 2

c)	90% ETF 1 / 10 % ETF 2

d)	75% ETF 1 / 25 % ETF 2