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Schedule of Investments (oz, USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Investment Holdings [Line Items]    
Investment in Palladium (oz) 460,527.9us-gaap_InvestmentOwnedBalanceOtherMeasure 514,615.5us-gaap_InvestmentOwnedBalanceOtherMeasure
Cost $ 300,253us-gaap_InvestmentOwnedAtCost $ 335,517us-gaap_InvestmentOwnedAtCost
Fair Value 335,725us-gaap_InvestmentOwnedAtFairValue 410,663us-gaap_InvestmentOwnedAtFairValue
% of Net Assets 100.05%us-gaap_InvestmentOwnedPercentOfNetAssets 102.97%us-gaap_InvestmentOwnedPercentOfNetAssets
Palladium [Member]    
Investment Holdings [Line Items]    
Investment in Palladium (oz) 460,527.9us-gaap_InvestmentOwnedBalanceOtherMeasure
/ us-gaap_CurrencyAxis
= currency_XPD
514,615.5us-gaap_InvestmentOwnedBalanceOtherMeasure
/ us-gaap_CurrencyAxis
= currency_XPD
Cost 300,253us-gaap_InvestmentOwnedAtCost
/ us-gaap_CurrencyAxis
= currency_XPD
335,517us-gaap_InvestmentOwnedAtCost
/ us-gaap_CurrencyAxis
= currency_XPD
Fair Value $ 335,725us-gaap_InvestmentOwnedAtFairValue
/ us-gaap_CurrencyAxis
= currency_XPD
$ 410,663us-gaap_InvestmentOwnedAtFairValue
/ us-gaap_CurrencyAxis
= currency_XPD
% of Net Assets 100.05%us-gaap_InvestmentOwnedPercentOfNetAssets
/ us-gaap_CurrencyAxis
= currency_XPD
102.97%us-gaap_InvestmentOwnedPercentOfNetAssets
/ us-gaap_CurrencyAxis
= currency_XPD