Portfolio return and risk:

E$($R$)$ of E$($R$)$ of

Portfolio Portfolio

State of the Healthcare Fund $/$ Healthcare Fund $/$

Economy Inverse ETF Biotech Fund

Poor

Below average

Average

Above average

Excellent

Portfolio Portfolio

Healthcare Fund $/$ Healthcare Fund $/$

Inverse ETF Biotech Fund

Expected return $[$E$($R$)]$

Variance $($Var$)$

Standard deviation $($SD$)$

Coefficient of variation $($CV$)$

Correlation coefficient