Evaluating Risk-Adjusted Measures for Portfolios

ABC Asset Management is evaluating the performance of two portfolios, Portfolio X and Portfolio Y, over a one-year timeframe. Portfolio X has an annual return of 12% with a standard deviation of 15%, while Portfolio Y has an annual return of 10% and a standard deviation of 8%. In addition, Portfolio Y is known to have a higher beta of 1.2 compared to Portfolio X's beta of 0.8.

To assess the performance of these portfolios, ABC Asset Management is considering using the Sharpe ratio and Treynor ratio. The Sharpe ratio measures excess return per unit of total risk, while the Treynor ratio measures excess return per unit of systematic risk.

Which of the following statements regarding risk-adjusted measures is accurate?