Question: Why is there a large negative weight on IOO when you allow short selling? Group of answer choices Because foreign stocks are worthless Because it

Why is there a large negative weight on IOO when you allow short selling?
Group of answer choices
Because foreign stocks are worthless
Because it is highly correlated with SPY but has a much lower Sharpe's ratio
Because it is negatively correlated with SHY
Because the return distribution is skewed
I have no idea

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