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Statements of Financial Condition - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Assets    
United States Treasury Obligations, at value (cost $183,843,172 and $89,684,684, respectively) $ 183,837,528 $ 89,690,202
Affiliated investments, at value and cost 9,388,271  
Total Investments, at value (cost $193,231,443 and $89,684,684, respectively) 193,225,799 89,690,202
Cash held by custodian [1],[2]   2,554,013
Receivable for:    
Variation margin 112,741 1,515,877
Dividends from affiliates 2,258  
Total assets 193,340,798 93,760,092
Payable for:    
Due to custodian 500  
Management fee 122,985 63,020
Brokerage commissions and fees 2,576 4,998
Total liabilities 126,061 68,018
Commitments and Contingencies (Note 9)
Equity    
Shareholder's equity—General Shares 552 446
Shareholders' equity—Shares 193,214,185 93,691,628
Total shareholders' equity 193,214,737 93,692,074
Total liabilities and equity $ 193,340,798 $ 93,760,092
General Shares outstanding 40 40
Shares outstanding 14,000,000 8,400,000
Net asset value per share $ 13.80 $ 11.15
Market value per share $ 13.79 $ 11.17
[1] Cash at December 31, 2014 and prior reflects cash held by the Predecessor Commodity Broker.
[2] Cash at December 31, 2016 and 2015 reflects cash held by the Custodian.