XML 48 R26.htm IDEA: XBRL DOCUMENT
v3.20.1

Net Asset Value and Financial Highlights (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2020
Net Asset Value And Financial Highlights [Abstract] |
Schedule of net asset value and ratios to average net assets |
|  | THREE MONTHS ENDED |  |  | THREE MONTHS ENDED |
|  | MARCH 31, 2020 |  |  | MARCH 31, 2019 |
|  | SIT RISING |  |  | BREAKWAVE DRY BULK SHIPPING |  |  | SIT RISING |  |  | BREAKWAVE DRY BULK SHIPPING |
|  | RATE ETF |  |  | ETF |  |  | RATE ETF |  |  | ETF |
Net Asset Value |  |  |  |  |  |  |  |  |  |  |  |
Net asset value per Share, beginning of period |  | $ | 22.96 |  |  | $ | 15.37 |  |  | $ | 24.06 |  |  | $ | 18.56 |
Net investment income (loss) |  |  | 0.02 |  |  |  | (0.11 | ) |  |  | 0.08 |  |  |  | (0.09 | )
Net realized and unrealized gain (loss) |  |  | (2.45 | ) |  |  | (8.76 | ) |  |  | (0.49 | ) |  |  | (8.95 | )
Net Income (Loss) |  |  | (2.43 | ) |  |  | (8.87 | ) |  |  | (0.41 | ) |  |  | (9.04 | )
Net Asset Value per Share, end of period |  | $ | 20.53 |  |  | $ | 6.50 |  |  | $ | 23.65 |  |  | $ | 9.52 |
Market Value per Share, end of period |  | $ | 20.53 |  |  | $ | 6.39 |  |  | $ | 23.59 |  |  | $ | 9.36 |
Ratios to Average Net Assets* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense Ratio*** |  |  | 1.08 | % |  |  | 7.04 | % |  |  | 1.11 | % |  |  | 5.13 | %
Expense Ratio*** before Waiver/Assumption |  |  | 8.41 | % |  |  | 12.37 | % |  |  | 1.63 | % |  |  | 28.20 | %
Net Investment Income (Loss) |  |  | 0.43 | % |  |  | (6.10 | %) |  |  | 1.25 | % |  |  | (3.13 | %)
Total Return, at Net Asset Value** |  |  | (10.58 | %) |  |  | (57.71 | %) |  |  | (1.70 | %) |  |  | (48.71 | %)
Total Return, at Market Value** |  |  | (10.62 | %) |  |  | (58.64 | %) |  |  | (2.08 | %) |  |  | (47.77 | %)
| * | Percentages are annualized
| ** | Percentages are not annualized
| *** | For Sit Rising Rate ETF, Fund expenses have been capped at 1.00% of average daily net assets, plus brokerage commissions and interest expense. For Breakwave Dry Bulk Shipping ETF, Fund expenses have been capped at 3.50% of average daily net assets, plus brokerage commissions and interest expense.
|  | NINE MONTHS ENDED |  |  | NINE MONTHS ENDED |
|  | MARCH 31, 2020 |  |  | MARCH 31, 2019 |
|  | SIT RISING |  |  | BREAKWAVE DRY BULK SHIPPING |  |  | SIT RISING |  |  | BREAKWAVE DRY BULK SHIPPING |
|  | RATE ETF |  |  | ETF |  |  | RATE ETF |  |  | ETF |
Net Asset Value |  |  |  |  |  |  |  |  |  |  |  |
Net asset value per Share, beginning of period |  | $ | 22.70 |  |  | $ | 13.25 |  |  | $ | 24.65 |  |  | $ | 21.98 |
Net investment income (loss) |  |  | 0.14 |  |  |  | (0.34 | ) |  |  | 0.19 |  |  |  | (0.39 | )
Net realized and unrealized gain (loss) |  |  | (2.31 | ) |  |  | (6.41 | ) |  |  | (1.19 | ) |  |  | (12.07 | )
Net Income (Loss) |  |  | (2.17 | ) |  |  | (6.75 | ) |  |  | (1.00 | ) |  |  | (12.46 | )
Net Asset Value per Share, end of period |  | $ | 20.53 |  |  | $ | 6.50 |  |  | $ | 23.65 |  |  | $ | 9.52 |
Market Value per Share, end of period |  | $ | 20.53 |  |  | $ | 6.39 |  |  | $ | 23.59 |  |  | $ | 9.36 |
Ratios to Average Net Assets* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense Ratio*** |  |  | 1.08 | % |  |  | 6.19 | % |  |  | 1.11 | % |  |  | 4.61 | %
Expense Ratio*** before Waiver/Assumption |  |  | 7.09 | % |  |  | 17.62 | % |  |  | 1.36 | % |  |  | 23.42 | %
Net Investment Income (Loss) |  |  | 0.86 | % |  |  | (4.96 | %) |  |  | 1.03 | % |  |  | (2.88 | %)
Total Return, at Net Asset Value** |  |  | (9.56 | %) |  |  | (50.94 | %) |  |  | (4.06 | %) |  |  | (56.69 | %)
Total Return, at Market Value** |  |  | (9.68 | %) |  |  | (51.41 | %) |  |  | (4.34 | %) |  |  | (57.53 | %)
| * | Percentages are annualized
| ** | Percentages are not annualized
| *** | For Sit Rising Rate ETF, Fund expenses have been capped at 1.00% of average daily net assets, plus brokerage commissions and interest expense. For Breakwave Dry Bulk Shipping ETF, Fund expenses have been capped at 3.50% of average daily net assets, plus brokerage commissions and interest expense.

X
- References No definition available. + Details
Name: | rise_NetAssetValueAndFinancialHighlightsAbstract
Namespace Prefix: | rise_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of net asset value and ratios to average net assets. + References No definition available. + Details
Name: | rise_ScheduleOfNetAssetValueAndRatiosToAverageNetAssetsTableTextBlock
Namespace Prefix: | rise_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration