Morningstar's RAR produce results which are similar but not identical to ________. A) Jensen's alpha B) M² C) the Treynor ratio D) the Sharpe ratio

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Morningstar's RAR produces results similar to the Sharpe ratio but uses a different risk-free rate to calculate the excess return. Jensen's alpha and the Treynor ratio use different benchmarks to evaluate the portfolio's performance. M² is not a relevant measure for portfolio performance.

Morningstar's RAR Produce Results Which Are Similar but Not Identical