Shark Tank star Kevin O'Leary wants you to know he called it. The Canadian businessman says he is staying bullish on his home country after parking 10% of his portfolio in Canada's leading-stock ETF.
O'Leary took to X to explain that he had taken "the contrarian view" by buying a 10% weighting in Canada through the iShares S&P/TSX 60 Index, an exchange-traded fund listed as XIU in Toronto that tracks 60 major Canadian companies.
"You wish you had made that trade," O'Leary wrote, claiming the investment had outperformed the S&P 500 by 158 basis points.
The numbers back him up. Year-to-date, XIU has surged 16.09% while the S&P 500 has climbed 11.30%.
O'Leary said, "I'm so happy I'm long Canada and I'm staying long," regardless of how long President Donald Trump and Canadian Prime Minister Mark Carney keep arguing over trade issues.
He did add one caveat: "This is gonna get resolved."
Earlier this month, O'Leary made predictions for 2027, which included a potential U.S.-Canada trade agreement and other major geopolitical and policy developments. The Shark Tank star said the two North American economies would ultimately "merge" to counter the common adversary, China.













