Combined Statements of Assets and Liabilities - USD ($)	Dec. 31, 2019	Jun. 30, 2019
Assets
Investment in securities, at fair value	$ 6,084,345	$ 13,005,522
Interest receivable	2,010	6,257
Segregated cash held by broker	2,069,455	3,197,026
Receivable on open futures contracts	15,878	391,415
Total assets	8,171,688	16,600,220
Liabilities
Options written, at fair value	5,906	19,336
Payable on open futures contracts	105,125	326,457
Due to Sponsor	10,142	21,550
Other liabilities	3,248	4,466
Total liabilities	124,421	371,809
Net Assets	8,047,267	16,228,411
SIT RISING RATE ETF
Assets
Investment in securities, at fair value	5,533,113	11,909,897
Interest receivable	182	436
Segregated cash held by broker	202,475	365,460
Receivable on open futures contracts	15,878
Total assets	5,751,648	12,275,793
Liabilities
Options written, at fair value	5,906	19,336
Payable on open futures contracts		326,457
Due to Sponsor	5,256	9,851
Other liabilities
Total liabilities	11,162	355,644
Net Assets	$ 5,740,486	$ 11,920,149
Shares outstanding (unlimited authorized)	250,040	525,040
Net asset value per share	$ 22.96	$ 22.70
Market value per share	$ 22.97	$ 22.73
BREAKWAVE DRY BULK SHIPPING ETF
Assets
Investment in securities, at fair value	$ 551,232	$ 1,095,625
Interest receivable	1,828	5,821
Segregated cash held by broker	1,866,980	2,831,566
Receivable on open futures contracts		391,415
Total assets	2,420,040	4,324,427
Liabilities
Options written, at fair value
Payable on open futures contracts	105,125
Due to Sponsor	4,886	11,699
Other liabilities	3,248	4,466
Total liabilities	113,259	16,165
Net Assets	$ 2,306,781	$ 4,308,262
Shares outstanding (unlimited authorized)	150,040	325,040
Net asset value per share	$ 15.37	$ 13.25
Market value per share	$ 15.45	$ 13.15