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ORGANIZATION AND BUSINESS (Details) |  | 1 Months Ended | 3 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | ---
Nov. 18, 2009 USD ($) $ / shares shares | Nov. 30, 2009 shares | Mar. 31, 2024 USD ($) contract D $ / shares shares | Dec. 31, 2023 contract $ / shares | Mar. 31, 2023 $ / shares | Dec. 31, 2022 $ / shares
ORGANIZATION AND BUSINESS |  |  |  |  |  |  |  |
Number of successive valuation days | D |  |  | 30 |  |  |  |  |
Average daily percentage change in the price of the benchmark futures contract considered |  |  | 10.00% |  |  |  |  |
Commenced investment operations date | Nov. 18, 2009 |  |  |  |  |  |  |
Number of units per basket |  |  | 50,000 |  |  |  |  |
Number of initially registered units on Form S-1 with the U.S. Securities and Exchange Commission |  | 30,000,000 |  |  |  |  |  |
Transaction fee | $ |  |  | $ 350 |  |  |  |  |
Net asset value per share | $ / shares | $ 50.00 |  | $ 7.77 |  | $ 8.58 |  | $ 11.66 | $ 17.24
Number of units issued | 200,000 |  |  |  |  |  |  |
Value of unit issued | $ | $ 10,000,000 |  |  |  |  |  |  |
Creation Baskets |  |  |  |  |  |  |  |
ORGANIZATION AND BUSINESS |  |  |  |  |  |  |  |
Number of units per basket |  |  | 50,000 |  |  |  |  |
Redemption Baskets |  |  |  |  |  |  |  |
ORGANIZATION AND BUSINESS |  |  |  |  |  |  |  |
Number of units per basket |  |  | 50,000 |  |  |  |  |
United States Contracts |  |  |  |  |  |  |  |
ORGANIZATION AND BUSINESS |  |  |  |  |  |  |  |
Number of contracts | contract |  |  | 614 | [1] | 589 | [2] |  |
[1] | Collateral amounted to $3,957,549 on open commodity futures contracts.
[2] | Collateral amounted to $6,113,231 on open commodity futures contracts.

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- Definition Number of successive valuation days over which the average daily percentage change in the fund's NAV will be considered for achieving the entity's investment objective, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
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