Note 8 - Financial Highlights

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Financial Highlights [Text Block]

8 - Financial Highlights

The following financial highlights relate to investment performance and operations for a Share outstanding for the three months ended March 31, 2022 and 2021.

	Three Months Ended March 31,
	2022			2021
Net asset value per Share, beginning of period	$	21.35		$	24.61
Net investment loss(a)		(0.03	)		(0.03	)
Net realized and unrealized gain (loss)(b)		1.60			(2.30	)
Net increase (decrease) in net assets from operations		1.57			(2.33	)
Net asset value per Share, end of period	$	22.92		$	22.28
Total return, at net asset value(c)(d)		7.35	%		(9.47	)%
Ratio to average net assets:
Net investment loss(e)		(0.50	)%		(0.50	)%
Expenses(e)		0.50	%		0.50	%

(a)	Based on average Shares outstanding during the period.
(b)	The amounts reported for a Share outstanding may not accord with the change in aggregate gains and losses on investment for the period due to the timing of Trust Share transactions in relation to the fluctuating fair values of the Trust’s underlying investment.
(c)	Based on the change in net asset value of a Share during the period.
(d)	Percentage is not annualized.
(e)	Percentage is annualized.