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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Investment Income      
Interest $ 24,497,221 $ 9,707,419 $ 2,294,340
Total investment income 24,497,221 9,707,419 2,294,340
Expenses      
Sponsor’s fees 10,502,114 8,530,039 6,359,820
Brokerage commissions and fees 1,422,790 1,337,872 1,036,318
Total expenses 11,924,904 9,867,911 7,396,138
Net investment income (loss) 12,572,317 (160,492) (5,101,798)
Net Realized and Unrealized Gain (Loss)      
Short-term investments 3,343 2,812 50,156
Futures contracts (11,940,106) 3,410,884 76,363,644
Net realized gain (loss) (11,936,763) 3,413,696 76,413,800
Net change in unrealized appreciation/depreciation on:      
Short-term investments 77,730 (59,334) 20,363
Futures contracts (190,921,734) 77,224,746 12,329,480
Net change in unrealized appreciation/depreciation (190,844,004) 77,165,412 12,349,843
Net realized and unrealized gain (loss) (202,780,767) 80,579,108 88,763,643
Net increase (decrease) in net assets resulting from operations $ (190,208,450) $ 80,418,616 $ 83,661,845
Net increase (decrease) in net assets per Share(a) (in dollars per share) [1] $ (2.29) $ 1.05 $ 1.43
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.