Shawn has put all his money into Harrah's hotel while Asia has her money invest in the S & P 500 Market Index. Shawn's portfolio has the same expected return as Asia's portfolio based on this information, it is most likely that:

1. Shawn's portfolio has a lower standard deviation.

2. Shawn's portfolio has the higher beta.

3. Asia's portfolio has the lower standard deviation.

4. Shawn's portfolio has the higher reward to risk ratio.

5.Asia portfolio has the lower beta.