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Statements of Financial Condition - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Assets    
United States Treasury Obligations, at value (cost $142,800,664 and $183,843,172, respectively) $ 142,797,721 $ 183,837,528
Affiliated investments, at value (cost $33,304,228 and $9,388,271, respectively) 33,284,413 9,388,271
Other investments:    
Variation margin receivable- Commodity Futures Contracts 1,212,368 112,741
Cash held by custodian [1] 856,046  
Receivable for:    
Dividends from affiliates 9,572 2,258
Total assets 178,160,120 193,340,798
Payable for:    
Due to custodian   500
Management fees 106,161 122,985
Brokerage commissions and fees 5,020 2,576
Total liabilities 111,181 126,061
Commitments and Contingencies (Note 10)
Equity    
Shareholder's equity—General Shares 584 552
Shareholders' equity—Shares 178,048,355 193,214,185
Total shareholders' equity 178,048,939 193,214,737
Total liabilities and equity $ 178,160,120 $ 193,340,798
General Shares outstanding 40 40
Shares outstanding 12,200,000 14,000,000
Net asset value per share $ 14.59 $ 13.80
Market value per share $ 14.54 $ 13.79
[1] Cash at December 31, 2017, 2016 and 2015 reflects cash held by the Custodian.