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ORGANIZATION AND BUSINESS (Details) |  |  | 3 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Apr. 28, 2020 $ / shares shares | Apr. 10, 2006 USD ($) $ / shares shares | Mar. 31, 2024 contract $ / shares $ / item shares | Dec. 31, 2023 $ / shares | Mar. 31, 2023 $ / shares | Dec. 31, 2022 $ / shares | Apr. 29, 2020 $ / shares shares | Apr. 30, 2006 shares
ORGANIZATION AND BUSINESS |  |  |  |  |  |  |  |
Number of successive valuation days |  |  | 30 days |  |  |  |  |
Number of Contracts | contract |  |  | 13,301 |  |  |  |  |
Average daily percentage change in the price of the benchmark futures Contract considered |  |  | 10.00% |  |  |  |  |
Fee paid for each order placed to create one or more creation baskets | $ / item |  |  | 1,000 |  |  |  |  |
Number of shares issued | 1,482,900,000 |  |  |  |  |  | 185,362,500 |
Number of shares outstanding | 1,482,900,000 |  |  |  |  |  | 185,362,500 |
Conversion ratio | 0.125 |  |  |  |  |  |  |
Net asset value per unit | $ / shares | $ 2.04 | $ 67.39 | $ 78.93 | $ 66.91 | $ 66.47 | $ 70.05 | $ 16.35 |
Limited partners' capital account, number of units authorized |  |  |  |  |  |  |  | 17,000,000
Limited partners capital account units issued |  | 200,000 |  |  |  |  |  |
Value of units issued | $ |  | $ 13,479,000 |  |  |  |  |  |
Creation Baskets |  |  |  |  |  |  |  |
ORGANIZATION AND BUSINESS |  |  |  |  |  |  |  |
Number of units in the basket |  |  | 100,000 |  |  |  |  |
Redemption Baskets |  |  |  |  |  |  |  |
ORGANIZATION AND BUSINESS |  |  |  |  |  |  |  |
Number of units in the basket |  |  | 100,000 |  |  |  |  |

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- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
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