Whats the correct ranking of securities based on their volatility over the period of 1926 to 2008?

Based on the historical data from 1926 to 2008, the correct ranking of securities by volatility is typically as follows: common stocks exhibit the highest volatility, followed by corporate bonds, and then government bonds, which tend to be the least volatile. Within this framework, common stocks can show significant price fluctuations, while bonds generally provide more stable returns. This ranking reflects the risk-return trade-off inherent in different asset classes.