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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Statement of Stockholders' Equity [Abstract]    
Opening balance (in shares) 1,950,000 1,625,000
Opening balance $ 357,971 $ 356,238
Net investment loss (594) (563)
Realized gain on investment in palladium 4,370 9,709
Change in unrealized gain on investment in palladium 21,908 34,733
Change in unrealized gain on unsettled creations or redemptions $ 1,061
Creations (in shares) 425,000 125,000
Creations $ 112,112 $ 28,524
Redemptions (in shares) (225,000) (100,000)
Redemptions $ (45,599) $ (23,814)
Closing balance (in shares) 2,150,000 1,650,000
Closing balance $ 451,229 $ 404,827