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Statements of Assets and Liabilities (Parenthetical) (USD $)
In Thousands, except Share data, unless otherwise specified
9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Statements of Assets and Liabilities [Abstract]    
Common stock, shares authorized unlimited unlimited [1]
Investment in palladium - cost $ 377,237 $ 463,598
Net asset value per share $ 75.33 [2] $ 69.42 [1],[2]
Common stock, shares issued 5,900,000 [2] 7,350,000 [1]
Common stock, shares outstanding 5,900,000 [2] 7,350,000 [1]
[1] Derived from audited Statement of Financial Condition as of December 31, 2013. The amounts are those previously reported under non investment company accounting. Refer to Note 2.1 for additional information.
[2] Effective January 1, 2014, the Trust has adopted the provisions of Topic 946, Investment Companies, and follows specialized accounting. Refer to Note 2.1 for additional information.