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Combined Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Investment Income        
Interest $ 36,923 $ 261,390 $ 131,068 $ 941,880
Expenses        
Sponsor fee 49,725 50,073 150,269 160,322
CTA fee 27,930 29,579 51,307 116,421
Audit fees 35,604 37,434 107,198 113,152
Tax preparation fees 24,864 49,314 75,136 164,510
Admin/accounting/custodian/transfer agent fees 29,701 29,023 89,755 88,357
Legal fees 19,889 19,727 60,105 60,059
Printing and postage expenses 5,246 12,822 15,854 39,034
Chief Compliance Officer fees 12,373 12,328 37,535 37,532
Principal Financial Officer fees 12,373 12,328 37,535 37,532
Regulatory reporting fees 12,373 12,328 37,535 37,532
Brokerage commissions 62,528 21,356 80,820 72,311
Distribution fees 7,796 8,382 23,562 25,518
Insurance expense 7,458 7,398 22,538 22,522
Listing & calculation agent fees 6,264 6,214 18,932 18,918
Other expenses 6,334 10,091 19,142 30,721
Wholesale support fees 9,670 17,439 27,163 63,657
Interest 21   35  
Total Expenses 330,149 335,836 854,421 1,088,098
Less: Waiver of Sponsor fee      
Less: Waiver of CTA fee (25,190) (8,427) (41,403) (31,926)
Less: Expenses absorbed by Sponsor (167,909) (179,945) (582,703) (484,314)
Net Expenses 137,050 147,464 230,315 571,858
Net Investment Income (Loss) (100,127) 113,926 (99,247) 370,022
Net Realized Gain (Loss) on        
Investments, futures and options contracts (2,894,956) (3,414,702) (2,809,503) (4,305,648)
Change in Unrealized Gain (Loss) on        
Investments, futures and options contracts (2,315,967) 1,267,409 (1,281,131) (377,679)
Net realized and unrealized gain (loss) (5,210,923) (2,147,293) (4,090,634) (4,683,327)
Net income (loss) (5,311,050) (2,033,367) (4,189,881) (4,313,305)
SIT RISING RATE ETF        
Investment Income        
Interest 20,709 249,816 95,841 903,698
Expenses        
Sponsor fee 18,647 19,252 56,351 66,489
CTA fee 2,740 21,152 9,904 84,495
Audit fees 21,889 21,304 65,913 64,378
Tax preparation fees 12,432 24,657 37,568 75,067
Admin/accounting/custodian/transfer agent fees 14,322 13,883 43,280 42,265
Legal fees 8,701 8,631 26,295 26,277
Printing and postage expenses 2,610 6,411 7,888 19,517
Chief Compliance Officer fees 6,158 6,164 18,754 18,766
Principal Financial Officer fees 6,158 6,164 18,754 18,766
Regulatory reporting fees 6,158 6,164 18,754 18,766
Brokerage commissions 1,120 11,906 3,913 47,768
Distribution fees 3,863 4,314 11,675 13,134
Insurance expense 3,729 3,699 11,269 11,261
Listing & calculation agent fees 3,132 3,107 9,466 9,459
Other expenses 2,169 4,543 6,555 13,831
Wholesale support fees 1,369 10,577 4,952 42,248
Interest 12   26  
Total Expenses 115,209 171,928 351,317 572,487
Less: Waiver of Sponsor fee      
Less: Waiver of CTA fee
Less: Expenses absorbed by Sponsor (100,377) (54,256) (297,853) (102,242)
Net Expenses 14,832 117,672 53,464 470,245
Net Investment Income (Loss) 5,877 132,144 42,377 433,453
Net Realized Gain (Loss) on        
Investments, futures and options contracts (167,895) (2,457,815) (420,623) (2,914,522)
Change in Unrealized Gain (Loss) on        
Investments, futures and options contracts (444,797) 1,778,789 (76,566) 167,281
Net realized and unrealized gain (loss) (612,692) (679,026) (497,189) (2,747,241)
Net income (loss) (606,815) (546,882) (454,812) (2,313,788)
BREAKWAVE DRY BULK SHIPPING ETF        
Investment Income        
Interest 16,214 11,574 35,227 38,182
Expenses        
Sponsor fee 31,078 30,821 93,918 93,833
CTA fee 25,190 8,427 41,403 31,926
Audit fees 13,715 16,130 41,285 48,774
Tax preparation fees 12,432 24,657 37,568 89,443
Admin/accounting/custodian/transfer agent fees 15,379 15,140 46,475 46,092
Legal fees 11,188 11,096 33,810 33,782
Printing and postage expenses 2,636 6,411 7,966 19,517
Chief Compliance Officer fees 6,215 6,164 18,781 18,766
Principal Financial Officer fees 6,215 6,164 18,781 18,766
Regulatory reporting fees 6,215 6,164 18,781 18,766
Brokerage commissions 61,408 9,450 76,907 24,543
Distribution fees 3,933 4,068 11,887 12,384
Insurance expense 3,729 3,699 11,269 11,261
Listing & calculation agent fees 3,132 3,107 9,466 9,459
Other expenses 4,165 5,548 12,587 16,890
Wholesale support fees 8,301 6,862 22,211 21,409
Interest 9   9  
Total Expenses 214,940 163,908 503,104 515,611
Less: Waiver of Sponsor fee      
Less: Waiver of CTA fee (25,190) (8,427) (41,403) (31,926)
Less: Expenses absorbed by Sponsor (67,532) (125,689) (284,850) (382,072)
Net Expenses 122,218 29,792 176,851 101,613
Net Investment Income (Loss) (106,004) (18,218) (141,624) (63,431)
Net Realized Gain (Loss) on        
Investments, futures and options contracts (2,727,061) (956,887) (2,388,880) (1,391,126)
Change in Unrealized Gain (Loss) on        
Investments, futures and options contracts (1,871,170) (511,380) (1,204,565) (544,960)
Net realized and unrealized gain (loss) (4,598,231) (1,468,267) (3,593,445) (1,936,086)
Net income (loss) $ (4,704,235) $ (1,486,485) $ (3,735,069) $ (1,999,517)