Valero Energy 401k (TP) Plan PSDS Scan 12/31/2008

This plan company stock has the highest volatility I have seen; the 5yr STD is over 78%. The Balanced portfolio is almost all in the stable value option, SVF.hpx in the scan. The employee portfolio has company stock VLO as its largest investment at 34% as of 12/31/2008. The oil industry has a much higher risk tolerance than most. On a positive note even with huge volatiliy the stock had a 5yr APR 0f 14.4% and a positive Sharpe ratio of o.15.