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Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
INCREASE IN CASH FROM OPERATIONS:    
Cash proceeds received from transfer of palladium [1]   $ 0
Cash expenses paid [1]   0
Increase in cash resulting from operations [1]   0
Cash and cash equivalents at beginning of year [1] $ 0 0
Cash and cash equivalents at end of year [1]   0
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:    
Value of palladium received for creation of Shares 19,757 140,584 [1]
Value of palladium distributed for redemption of Shares - at cost [1]   119,120
RECONCILIATION OF CHANGE IN NET ASSETS FROM OPERATIONS TO NET CASH PROVIDED BY OPERATING ACTIVITIES:    
Change in net assets from operations [2] $ 54,947 11,928 [1],[3]
Adjustments to reconcile change in net assets from operations to net cash provided by operating activities:    
Increase in investment in palladium [1]   (18,560)
Increase in palladium receivable [1]   0
Increase in palladium payable [1]   0
Increase in fees payable to Sponsor [1]   6
Increase / (decrease) in redeemable Shares:    
Creations [1]   140,584
Redemptions [1]   (133,958)
Net cash provided by operating activities [1]   0
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:    
Value of palladium transferred to pay expenses [1]   $ 3,291
[1] In accordance with Topic 946 the Trust meets the exemption criteria to exclude a statement of cash flows. Thus one has not been presented for the years ended December 31, 2015 and 2014. Refer to Note 2.1 for additional information.
[2] Represents audited amounts prior to the adoption of provisions for an investment company for accounting purposes. Refer to Note 2.1 for additional information.
[3] Effective January 1, 2014, the Trust has adopted the provisions of Topic 946. Refer to Note 2.1 for additional information.