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Statements of Financial Condition - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Assets    
United States Treasury Obligations, at value (cost $514,764,046 and $702,232,971, respectively) $ 514,714,860 $ 702,215,941
Affiliated Investments, at value (cost $124,826,575 and $19,456,137, respectively) 124,748,306 19,456,137
Other investments:    
Variation margin receivable- Commodity Futures Contracts 442,552  
Cash held by custodian [1] 2,260,923 2,181,236
Receivable for:    
Dividends from affiliates 33,612 10,304
Total assets 642,200,253 723,863,618
Other investments:    
Variation margin payable- Commodity Futures Contracts   114,786
Payable for:    
Management fees 444,415 516,160
Brokerage commissions and fees 4,091 3,102
Total liabilities 448,506 634,048
Commitments and Contingencies (Note 10)
Equity    
Shareholder's equity—General Shares 750 799
Shareholders' equity—Shares 641,750,997 723,228,771
Total shareholders' equity 641,751,747 723,229,570
Total liabilities and equity $ 642,200,253 $ 723,863,618
General Shares outstanding 40 40
Shares outstanding 34,200,000 36,200,000
Net asset value per share $ 18.76 $ 19.98
Market value per share $ 18.75 $ 19.98
[1] Cash at December 31, 2017, 2016 and 2015 reflects cash held by the Custodian