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FAIR VALUE OF FINANCIAL INSTRUMENTS - Valuation of Securities Using Fair Value Hierarchy (Details) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Schedule of Trading Securities and Other Trading Assets    
transfers between Level I and Level II. $ 0 $ 0
transfers between Level II and Level I. 0 0
Short-Term Investments    
Schedule of Trading Securities and Other Trading Assets    
Securities, fair value 1,358,772,491 1,334,416,220
United States | Exchange-Traded Futures Contracts    
Schedule of Trading Securities and Other Trading Assets    
Securities, fair value (66,680,740) (194,392,958)
Fair Value, Inputs, Level 1 | Short-Term Investments    
Schedule of Trading Securities and Other Trading Assets    
Securities, fair value 1,358,772,491 1,334,416,220
Fair Value, Inputs, Level 1 | United States | Exchange-Traded Futures Contracts    
Schedule of Trading Securities and Other Trading Assets    
Securities, fair value (66,680,740) (194,392,958)
Fair Value, Inputs, Level 2 | Short-Term Investments    
Schedule of Trading Securities and Other Trading Assets    
Securities, fair value 0 0
Fair Value, Inputs, Level 2 | United States | Exchange-Traded Futures Contracts    
Schedule of Trading Securities and Other Trading Assets    
Securities, fair value 0 0
Fair Value, Inputs, Level 3 | Short-Term Investments    
Schedule of Trading Securities and Other Trading Assets    
Securities, fair value 0 0
Fair Value, Inputs, Level 3 | United States | Exchange-Traded Futures Contracts    
Schedule of Trading Securities and Other Trading Assets    
Securities, fair value $ 0 $ 0