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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Statement of Stockholders' Equity [Abstract]        
Opening balance (in shares) 2,000,000 1,475,000 1,625,000 1,675,000
Opening balance $ 505,269 $ 263,816 $ 356,238 $ 300,485
Net investment loss (649) (530) (1,890) (1,454)
Realized gain on investment in palladium 24,918 6,085 38,093 50,388
Change in unrealized (loss)/gain on investment in palladium (163,964) 60,054 (120,370) 10,899
Change in unrealized (loss) on unsettled creations or redemptions $ (159)
Creations (in shares) 200,000 350,000 700,000 750,000
Creations $ 45,144 $ 69,945 $ 169,308 $ 150,950
Redemptions (in shares) (350,000) (75,000) (475,000) (675,000)
Redemptions $ (83,187) $ (16,297) $ (114,007) $ (128,195)
Closing balance (in Shares) 1,850,000 1,750,000 1,850,000 1,750,000
Closing balance $ 327,372 $ 383,073 $ 327,372 $ 383,073