MONTHLY Expected Returns, Standard Deviations, and Correlations (1975-2014, 480 months), Portfolios are Top or Bottom Decile in Size or Book-to-Market Ratio
			Correlation with:
Asset Class	Expected Return	Std. Deviation	Large Stocks	Small Stocks	Value Stocks	Growth Stocks	Gold
Large Stocks	1.01%	4.30%	1.00	0.65	0.75	0.93	-0.01
Small Stocks	1.35%	6.10%	0.65	1.00	0.75	0.69	0.07
Value Stocks	1.51%	5.94%	0.75	0.75	1.00	0.65	0.01
Growth Stocks	0.95%	5.13%	0.93	0.69	0.65	1.00	0.00
Gold	0.54%	5.66%	-0.01	0.07	0.01	0.00	1.00

For the questions below, assume a risk-free rate of 0.4% per month.

What is the portfolio variance