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Condensed Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net income (loss) $ (132,888,937) $ (662,758)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Unrealized (gain) loss on open futures contracts 8,450,660 (50,133,597)
(Increase) decrease in dividends receivable 37,980 53,997
(Increase) decrease in interest receivable 5,227 9,499
(Increase) decrease in prepaid insurance (47,320) 8,204
(Increase) decrease in prepaid registration fees 68,250 25,390
(Increase) decrease in ETF transaction fees receivable 1,000 1,000
Increase (decrease) in General Partner management fees payable (13,746) (65,773)
Increase (decrease) in professional fees payable (348,841) (320,586)
Increase (decrease) in brokerage commissions payable 6,000 0
Increase (decrease) in directors' fees payable 3,326 (2,010)
Increase (decrease) in insurance payable 0 72
Increase (decrease) in license fees payable 3,599 (4,202)
Net cash provided by (used in) operating activities (124,722,802) (51,090,764)
Cash Flows from Financing Activities:    
Addition of partnership shares 261,502,775 271,042,716
Redemption of partnership shares (238,506,716) (307,344,815)
Net cash provided by (used in) financing activities 22,996,059 (36,302,099)
Net Increase (Decrease) in Cash and Cash Equivalents (101,726,743) (87,392,863)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of period 458,998,451 359,791,174
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of period $ 357,271,708 $ 272,398,311