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Combined Statements of Changes in Net Assets (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
SIT RISING RATE ETF        
Net Assets at Beginning of Period $ 5,740,486 $ 60,141,687 $ 11,920,149 $ 51,774,988
Increase (decrease) in Net Assets from share transactions        
Addition of shares 24,297,005
Redemption of shares (30,628,345) (6,331,666) (44,791,745)
Net Increase in Net Assets from share transactions (30,628,345) (6,331,666) (20,494,740)
Increase (decrease) in Net Assets from operations        
Net investment income (loss) 5,877 132,144 42,377 433,453
Net realized gain (loss) (167,895) (2,457,815) (420,623) (2,914,522)
Change in net unrealized gain (loss) (444,797) 1,778,789 (76,566) 167,281
Net Increase (decrease) in Net Assets from operations (606,815) (546,882) (454,812) (2,313,788)
Net Assets at End of Period 5,133,671 28,966,460 5,133,671 28,966,460
BREAKWAVE DRY BULK SHIPPING ETF        
Net Assets at Beginning of Period 2,306,781 2,784,757 4,308,262 3,297,789
Increase (decrease) in Net Assets from share transactions        
Addition of shares 21,611,870 1,795,803 22,763,000 1,795,803
Redemption of shares (695,550) (4,817,327)
Net Increase in Net Assets from share transactions 20,916,320 1,795,803 17,945,673 1,795,803
Increase (decrease) in Net Assets from operations        
Net investment income (loss) (106,004) (18,218) (141,624) (63,431)
Net realized gain (loss) (2,727,061) (956,887) (2,388,880) (1,391,126)
Change in net unrealized gain (loss) (1,871,170) (511,380) (1,204,565) (544,960)
Net Increase (decrease) in Net Assets from operations (4,704,235) (1,486,485) (3,735,069) (1,999,517)
Net Assets at End of Period 18,518,866 3,094,075 18,518,866 3,094,075
Net Assets at Beginning of Period 8,047,267 62,926,444 16,228,411 55,072,777
Addition of shares 21,611,870 1,795,803 22,763,000 26,092,808
Redemption of shares (695,550) (30,628,345) (11,148,993) (44,791,745)
Net Increase in Net Assets from share transactions 20,916,320 (28,832,542) 11,614,007 (18,698,937)
Net investment income (loss) (100,127) 113,926 (99,247) 370,022
Net realized gain (loss) (2,894,956) (3,414,702) (2,809,503) (4,305,648)
Change in net unrealized gain (loss) (2,315,967) 1,267,409 (1,281,131) (377,679)
Net Increase (decrease) in Net Assets from operations (5,311,050) (2,033,367) (4,189,881) (4,313,305)
Net Assets at End of Period $ 23,652,537 $ 32,060,535 $ 23,652,537 $ 32,060,535