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Statements of Changes in Net Assets - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Statement of Stockholders' Equity [Abstract]      
Opening balance (in shares) 1,675,000 1,550,000 2,400,000
Opening balance $ 300,485 $ 185,465 $ 241,555
Net investment loss (2,013) (1,392) (1,074)
Realized gain on investment in palladium 60,961 32,753 30,490
Change in unrealized gain/ (loss) on investment in palladium $ 1,660 $ 57,387 $ (13,150)
Creations (in shares) 750,000 750,000 400,000
Creations $ 150,950 $ 112,464 $ 42,111
Redemptions (in shares) (800,000) (625,000) (1,250,000)
Redemptions $ (155,805) $ (86,192) $ (114,467)
Closing balance (in shares) 1,625,000 1,675,000 1,550,000
Closing balance $ 356,238 $ 300,485 $ 185,465