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Of the following options, which is the most likely reason that U.S. ESG funds do well when the market is doing pporly?A. Large U.S. ESG funds tend to have more high-volatility stocks that are highly profitable and have a lot of debt.B. Large U.S. ESG funds are overweight in Utilities and Energy, which are the most successful during a downtum.C. Large U.S. ESG funds tend to have more low-volatility stocks that are highly profitable and do not have a lot of debt.D. Large U.S. ESG funds are underweight in Utilities and Energy, which struggle the most during a downturn.
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