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Statement of Financial Condition - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Assets    
United States Treasury Obligations, at value (cost $392,834,605 and $783,578,544, respectively) $ 393,253,144 $ 784,350,648
Affiliated investments, at value (cost $876,300,343 and $907,765,903, respectively) 1,269,897,511 1,692,470,773
Other investments:    
Variation margin receivable- Commodity Futures Contracts 5,450,444  
LME Commodity Futures Contracts receivable 235,303  
Unrealized appreciation on LME Commodity Futures Contracts 4,193,218 4,964,271
Cash held by custodian 9,308,099  
Receivable for:    
Dividends from affiliates 2,723,552 3,716,526
Total assets 1,291,808,127 1,701,151,570
Other investments:    
Variation margin payable- Commodity Futures Contracts   9,665,016
LME Commodity Futures Contracts payable   4,456,438
Unrealized depreciation on LME Commodity Futures Contracts 6,716,016 1,777,646
Payable for:    
Distributions   599,093
Management fees 901,585 1,216,569
Brokerage commissions and fees 4,626 4,452
Total liabilities 7,622,227 17,719,214
Commitments and Contingencies (Note 10)
Equity    
Shareholder's equity—General Shares 854 882
Shareholders' equity—Shares 1,284,185,046 1,683,431,474
Total shareholders' equity 1,284,185,900 1,683,432,356
Total liabilities and equity $ 1,291,808,127 $ 1,701,151,570
General Shares outstanding 40 40
Shares outstanding 60,150,000 76,350,000
Net asset value per share $ 21.35 $ 22.05
Market value per share $ 21.38 $ 22.06
Investment, Affiliated Issuer [Member]    
Assets    
Affiliated investments, at value (cost $876,300,343 and $907,765,903, respectively) $ 876,644,367 $ 908,120,125