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Net Asset Value and Financial Highlights (Tables) | 6 Months Ended
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Dec. 31, 2024
Net Asset Value and Financial Highlights [Abstract] |
Schedule of Net Investment Income (Loss) and Expense Ratios | (10) Net Asset Value and Financial Highlights - Continued
|  | BREAKWAVE DRY BULK |  |  | BREAKWAVE TANKER |
|  | SHIPPING ETF |  |  | SHIPPING ETF |
|  | For the Three Months Ended December 31, 2024 |  |  | For the Three Months Ended December 31, 2023 |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Net Asset Value |  |  |  |  |  |  |  |  |  |  |  |
Net asset value per Share, beginning of period |  | $ | 10.71 |  |  | $ | 5.50 |  |  | $ | 14.85 |  |  | $ | 15.48 |
Net investment loss* |  |  | (0.03 | ) |  |  | (0.02 | ) |  |  | (0.05 | ) |  |  | (0.16 | )
Net realized and unrealized loss |  |  | (4.64 | ) |  |  | 6.16 |  |  |  | (4.92 | ) |  |  | 0.72 |
Net Loss |  |  | (4.67 | ) |  |  | 6.14 |  |  |  | (4.97 | ) |  |  | 0.56 |
Net Asset Value per Share, end of period |  | $ | 6.04 |  |  | $ | 11.64 |  |  | $ | 9.88 |  |  | $ | 16.04 |
Market Value per Share, end of period |  | $ | 6.08 |  |  | $ | 11.56 |  |  | $ | 9.82 |  |  | $ | 16.15 |
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense Ratio** |  |  | 5.24 | % |  |  | 4.38 | % |  |  | 5.18 | % |  |  | 5.24 | %
Expense Ratio**** before Waiver/Assumption |  |  | 7.45 | % |  |  | 4.38 | % |  |  | 22.48 | % |  |  | 21.42 | %
Net Investment Income (Loss) |  |  | (1.74 | )% |  |  | (1.30 | )% |  |  | (1.44 | )% |  |  | (3.77 | )%
Total Return, at Net Asset Value*** |  |  | (43.62 | )% |  |  | 111.64 | % |  |  | (33.44 | )% |  |  | 3.62 | %
Total Return, at Market Value*** |  |  | (43.39 | )% |  |  | 110.56 | % |  |  | (33.46 | )% |  |  | 2.41 | %
* | Calculated based on average shares outstanding during the period.
** | Percentages are annualized
*** | Percentages are not annualized
**** | Fund expenses have been capped at 3.50% of average daily net assets, plus brokerage commissions, interest expense, and extraordinary expenses, if any.
|  | BREAKWAVE DRY BULK |  |  | BREAKWAVE TANKER |
|  | SHIPPING ETF |  |  | SHIPPING ETF |
|  | For the Six Months Ended December 31, 2024 |  |  | For the Six Months Ended December 31, 2023 |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Net Asset Value |  |  |  |  |  |  |  |  |  |  |  |
Net asset value per Share, beginning of period |  | $ | 12.13 |  |  | $ | 5.53 |  |  | $ | 16.69 |  |  | $ | 20.83 |
Net investment loss* |  |  | (0.05 | ) |  |  | (0.03 | ) |  |  | (0.10 | ) |  |  | (0.37 | )
Net realized and unrealized loss |  |  | (6.04 | ) |  |  | 6.14 |  |  |  | (6.71 | ) |  |  | (4.42 | )
Net Loss |  |  | (6.09 | ) |  |  | 6.11 |  |  |  | (6.81 | ) |  |  | (4.79 | )
Net Asset Value per Share, end of period |  | $ | 6.04 |  |  | $ | 11.64 |  |  | $ | 9.88 |  |  | $ | 16.04 |
Market Value per Share, end of period |  | $ | 6.08 |  |  | $ | 11.56 |  |  | $ | 9.82 |  |  | $ | 16.15 |
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense Ratio** |  |  | 4.78 | % |  |  | 4.32 | % |  |  | 5.06 | % |  |  | 5.24 | %
Expense Ratio**** before Waiver/Assumption |  |  | 6.43 | % |  |  | 4.32 | % |  |  | 19.23 | % |  |  | 18.27 | %
Net Investment Income (Loss) |  |  | (1.19 | )% |  |  | (1.14 | )% |  |  | (1.31 | )% |  |  | (4.24 | )%
Total Return, at Net Asset Value*** |  |  | (50.18 | )% |  |  | 110.49 | % |  |  | (40.79 | )% |  |  | (23.00 | )%
Total Return, at Market Value*** |  |  | (50.33 | )% |  |  | 108.29 | % |  |  | (41.52 | )% |  |  | (22.65 | )%

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- Definition Tabular disclosure of financial highlights. Includes, but is not limited to, per share information, income and expense ratios, total return, capital commitment and fee waiver. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478494/946-205-50-1 + Details
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