Risk-Adjusted Performance Comparison of Mutual Funds

Investment firm ABC has been analyzing the performance of two different mutual funds over the past three years. Fund X generated a total return of 10%, while Fund Y generated a total return of 6%. However, Fund Y had a standard deviation of 3%, compared to Fund X, which had a standard deviation of 8%. The firm wants to evaluate the risk-adjusted performance of the two funds using the Sharpe Ratio. Assuming the risk-free rate is 2%, what can we infer about the risk-adjusted performance of these funds?