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Schedule of Investments (oz, USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Investment Holdings [Line Items]    
Investment in Palladium (oz) 514,615.5us-gaap_InvestmentOwnedBalanceOtherMeasure 717,967.6us-gaap_InvestmentOwnedBalanceOtherMeasure
Cost $ 335,517us-gaap_InvestmentOwnedAtCost $ 463,598us-gaap_InvestmentOwnedAtCost
Fair Value 410,663us-gaap_InvestmentOwnedAtFairValue 510,475us-gaap_InvestmentOwnedAtFairValue
% of Net Assets 102.97%us-gaap_InvestmentOwnedPercentOfNetAssets [1] 100.06%us-gaap_InvestmentOwnedPercentOfNetAssets [2]
Palladium [Member]    
Investment Holdings [Line Items]    
Investment in Palladium (oz) 514,615.5us-gaap_InvestmentOwnedBalanceOtherMeasure
/ us-gaap_CurrencyAxis
= currency_XPD
717,967.6us-gaap_InvestmentOwnedBalanceOtherMeasure
/ us-gaap_CurrencyAxis
= currency_XPD
Cost 335,517us-gaap_InvestmentOwnedAtCost
/ us-gaap_CurrencyAxis
= currency_XPD
463,598us-gaap_InvestmentOwnedAtCost
/ us-gaap_CurrencyAxis
= currency_XPD
Fair Value $ 410,663us-gaap_InvestmentOwnedAtFairValue
/ us-gaap_CurrencyAxis
= currency_XPD
$ 510,475us-gaap_InvestmentOwnedAtFairValue
/ us-gaap_CurrencyAxis
= currency_XPD
% of Net Assets 102.97%us-gaap_InvestmentOwnedPercentOfNetAssets
/ us-gaap_CurrencyAxis
= currency_XPD
[1] 100.06%us-gaap_InvestmentOwnedPercentOfNetAssets
/ us-gaap_CurrencyAxis
= currency_XPD
[2]
[1] Calculated as investment in palladium at fair value divided by net assets, as at December 31, 2014, investment in palladium is recorded at fair value. Refer to Note 2.1 for additional information.
[2] Calculated as investment in palladium at cost divided by net assets, as at December 31, 2013, investment in palladium was recorded at the lower of cost or market value. Refer to Note 2.1 for additional information.