"still curious why you think risk/return is related btw since its been disproved using beta as the measure of risk"
Why are you asking me basic questions ? If you are in cash, you get a 'safe' return with no risk. If you are in short-term treasuries you get a low return with minimal risk. If you invest in bonds you get a higher return but with greater volatility, interest rate risk ans sometimes default risk. If you invest in equities, your returns are more volatile and riskier, therefore you demand a higher return premium, ie your expected return will be higher. If you invest in an oil exploration company, you have a big chance of going bust and a small chance of making a killing. You demand an even higher expected return. You wouldn't invest in an oil exploration company if your expected return was 5%, would you. You would choose a term deposit.