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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Statement of Stockholders' Equity [Abstract]        
Opening balance (in Shares) 1,475,000 1,450,000 1,675,000 1,550,000
Opening balance $ 263,816 $ 208,729 $ 300,485 $ 185,465
Net investment loss (530) (312) (1,454) (970)
Realized Investment Gains (Losses) 6,085 4,816 50,388 25,657
Change in unrealized gain/ (loss) on investment in palladium $ 60,054 $ 15,673 $ 10,899 $ 28,727
Creations (in Shares) 350,000 125,000 750,000 475,000
Creations $ 69,945 $ 18,994 $ 150,950 $ 67,307
Redemptions (in Shares) (75,000) (75,000) (675,000) (525,000)
Redemptions $ (16,297) $ (11,080) $ (128,195) $ (69,366)
Closing balance (in Shares) 1,750,000 1,500,000 1,750,000 1,500,000
Closing Balance $ 383,073 $ 236,820 $ 383,073 $ 236,820