An analyst is analyzing the historical performance of two commodity funds tracking the Reuters/Jeffries-CRB® Index as benchmark. The analyst collated the data on the monthly returns and decided to use the information ratio (IR) to assess which fund achieved higher returns more efficiently, and presented the findings as shown below:

	Fund 1	Fund 2	Benchmark returns
Average monthly return	1.488%	1.468%	1.415%
Average excess return	0.073%	0.053%	0.000%
Standard deviation of returns	0.294%	0.237%	0.238%
Tracking error	0.344%	0.341%	0.000%

What is the information ratio for each fund, and what conclusion can be drawn?