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Statements of Changes in Net Assets (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Stockholders' Equity [Abstract]
Opening balance (in shares)	1,900,000	2,000,000	1,950,000	1,625,000
Opening balance	$ 332,771	$ 505,269	$ 357,971	$ 356,238
Net investment loss	(538)	(649)	(1,761)	(1,890)
Realized gain on investment in palladium	569	24,918	5,471	38,093
Change in unrealized gain/(loss) on investment in palladium	54,891	(163,964)	6,007	(120,370)
Change in unrealized (loss) on unsettled creations or redemptions		$ (159)
Creations (in shares)		200,000	425,000	700,000
Creations		$ 45,144	$ 112,111	$ 169,308
Redemptions (in shares)	(150,000)	(350,000)	(625,000)	(475,000)
Redemptions	$ (28,815)	$ (83,187)	$ (120,921)	$ (114,007)
Closing balance (in shares)	1,750,000	1,850,000	1,750,000	1,850,000
Closing balance	$ 358,878	$ 327,372	$ 358,878	$ 327,372

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