Fund A and Fund B have the same average return and standard deviation over a given period, but Fund A has a beta of $1\mathrm{.}2$ while Fund B has a beta of $1\mathrm{.}5.$ Evaluating the performance of the funds based on their Sharpe Ratios, you would conclude: Fund A had superior performance. Fund B had superior performance. Both Fund A and Fund B outperformed the market. Fund A and Fund B had equivalent performances.