<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2024 Workiva-->
<!--r:f909ddba-37c8-4dd2-808f-fe764a180d76,g:d8443e28-72a5-4f06-803f-661630139c4f-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://usbank.com/role/RiskReturnDetailDataElements" xlink:type="simple" xlink:href="ck0001616668-20231031.xsd#RiskReturnDetailDataElements"/>
  <link:calculationLink xlink:role="http://usbank.com/role/RiskReturnDetailDataElements" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_rr_ExpensesOverAssets_21e6722e-13cd-4e6a-a7c6-1d6d40c5283f" xlink:href="https://xbrl.sec.gov/rr/2023/rr-2023.xsd#rr_ExpensesOverAssets"/>
    <link:loc xlink:type="locator" xlink:label="loc_rr_ManagementFeesOverAssets_eff46410-30b2-4dda-baf8-d10dcfb3603f" xlink:href="https://xbrl.sec.gov/rr/2023/rr-2023.xsd#rr_ManagementFeesOverAssets"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_rr_ExpensesOverAssets_21e6722e-13cd-4e6a-a7c6-1d6d40c5283f" xlink:to="loc_rr_ManagementFeesOverAssets_eff46410-30b2-4dda-baf8-d10dcfb3603f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_rr_DistributionAndService12b1FeesOverAssets_3e3dfebc-e028-45bc-9367-25ffbac2669d" xlink:href="https://xbrl.sec.gov/rr/2023/rr-2023.xsd#rr_DistributionAndService12b1FeesOverAssets"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_rr_ExpensesOverAssets_21e6722e-13cd-4e6a-a7c6-1d6d40c5283f" xlink:to="loc_rr_DistributionAndService12b1FeesOverAssets_3e3dfebc-e028-45bc-9367-25ffbac2669d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_rr_OtherExpensesOverAssets_5933a543-cd40-48a0-a650-d7aa33e0c59e" xlink:href="https://xbrl.sec.gov/rr/2023/rr-2023.xsd#rr_OtherExpensesOverAssets"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_rr_ExpensesOverAssets_21e6722e-13cd-4e6a-a7c6-1d6d40c5283f" xlink:to="loc_rr_OtherExpensesOverAssets_5933a543-cd40-48a0-a650-d7aa33e0c59e" xlink:type="arc"/>
  </link:calculationLink>
</link:linkbase>