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Statements of Financial Condition - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Assets    
United States Treasury Obligations, at value (cost $30,971,297 and $36,491,937, respectively) $ 30,970,236 $ 36,495,207
Affiliated investments, at value and cost 1,502,575  
Total Investments, at value (cost $32,473,872 and $36,491,937, respectively) 32,472,811 36,495,207
Cash held by custodian [1],[2] 168,928 6,561,288
Receivable for:    
Variation margin 134,300  
Dividends from affiliates 452  
Total assets 32,776,491 43,056,495
Payable for:    
Variation margin   156,009
Shares redeemed   4,301,764
Management fee 22,842 29,062
Brokerage commissions and fees 4,510 3,883
Total liabilities 27,352 4,490,718
Commitments and Contingencies (Note 9)
Equity    
Shareholder's equity—General Shares 819 857
Shareholders' equity—Shares 32,748,320 38,564,920
Total shareholders' equity 32,749,139 38,565,777
Total liabilities and equity $ 32,776,491 $ 43,056,495
General Shares outstanding 40 40
Shares outstanding 1,600,000 1,800,000
Net asset value per share $ 20.47 $ 21.42
Market value per share $ 20.46 $ 21.43
[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.