| Label |
Element |
Value |
| Prospectus [Line Items] |
rr_ProspectusLineItems |
|
|
| Document Type |
dei_DocumentType |
485BPOS
|
|
| Document Period End Date |
dei_DocumentPeriodEndDate |
Jan. 31, 2025
|
|
| Entity Registrant Name |
dei_EntityRegistrantName |
ARROW
ETF TRUST
|
|
| Entity Central Index Key |
dei_EntityCentralIndexKey |
0001532206
|
|
| Entity Inv Company Type |
dei_EntityInvCompanyType |
N-1A
|
|
| Amendment Flag |
dei_AmendmentFlag |
false
|
|
| Trading Symbol |
dei_TradingSymbol |
arrow
|
|
| Document Creation Date |
dei_DocumentCreationDate |
May 29, 2025
|
|
| Document Effective Date |
dei_DocumentEffectiveDate |
Jun. 01, 2025
|
|
| Prospectus Date |
rr_ProspectusDate |
Jun. 01, 2025
|
|
| Arrow Dow Jones Global Yield ETF |
|
|
|
| Prospectus [Line Items] |
rr_ProspectusLineItems |
|
|
| Risk/Return [Heading] |
rr_RiskReturnHeading |
Fund
Summary
|
|
| Objective [Heading] |
rr_ObjectiveHeading |
Investment
Objective
|
|
| Objective, Primary [Text Block] |
rr_ObjectivePrimaryTextBlock |
The
Fund seeks investment results that generally correspond, before fees and expenses, to the price and yield performance of the Dow Jones
Global Composite Yield Index (the Index).
|
|
| Expense [Heading] |
rr_ExpenseHeading |
Fees
and Expenses of the Fund
|
|
| Expense Narrative [Text Block] |
rr_ExpenseNarrativeTextBlock |
The
table below describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. Investors may pay other
fees, such as brokerage commissions and other fees to financial intermediaries, on their purchases and sales of shares in the secondary
market, which are not reflected in the table or the example below.
|
|
| Shareholder Fees Caption [Text] |
rr_ShareholderFeesCaption |
Shareholder Fees (fees paid directly from your investment)
|
|
| Operating Expenses Caption [Text] |
rr_OperatingExpensesCaption |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
|
|
| Portfolio Turnover [Heading] |
rr_PortfolioTurnoverHeading |
Portfolio
Turnover
|
|
| Portfolio Turnover [Text Block] |
rr_PortfolioTurnoverTextBlock |
The
Fund pays transaction costs, such as commissions, when it purchases and sells securities (or turns over its portfolio).
A higher portfolio turnover may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable
account. These costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect the Funds performance.
During the most recent fiscal year, the Funds portfolio turnover rate was 95% of the average value of its portfolio.
|
|
| Portfolio Turnover, Rate |
rr_PortfolioTurnoverRate |
95.00%
|
|
| Expense Example [Heading] |
rr_ExpenseExampleHeading |
Example
|
|
| Expense Example Narrative [Text Block] |
rr_ExpenseExampleNarrativeTextBlock |
This
example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.
|
|
| Expense Example by, Year, Caption [Text] |
rr_ExpenseExampleByYearCaption |
This example assumes
that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This
example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same. Although
your actual costs may be higher or lower, based on these assumptions, your costs would be:
|
|
| Strategy [Heading] |
rr_StrategyHeading |
Principal
Investment Strategies
|
|
| Strategy Narrative [Text Block] |
rr_StrategyNarrativeTextBlock |
The
Fund uses a passive or indexing investment approach to seek to
track the price and yield performance of the Index. Unlike many investment companies, the
Fund does not try to beat the Index and does not seek temporary defensive positions
when markets decline.
Under
normal circumstances, the Fund invests at least 80% of its total assets in the component securities of the Index (or depositary receipts
representing those securities). The Index seeks to identify the 150 highest yielding investable securities in the world within three
asset classes. The Funds investment strategy is a non-fundamental policy and may be changed without shareholder
approval by the Trusts Board of Trustees upon 60 days written notice to shareholders.
The
three global asset classes in the Index are equity securities, fixed income securities and alternative investments,
and the asset classes are represented in the Index by the following five types of securities:
● Equity
securities are represented by depository receipts, common stocks and preferred stocks of companies of any size, including small
and medium-sized companies;
● Fixed
income securities (sometimes referred to as debt securities or bonds) are represented by:
● Sovereign
debt securities; and |
|
Common
Stocks are the common equity securities issued by corporate issuers and usually include
voting rights.
Preferred
Stocks are equity securities issued by corporate issuers that typically pay dividends and have a higher claim on the assets of
an issuer than common stock in a bankruptcy or similar proceeding, but do not include voting rights.
Depositary
Receipts are receipts for shares of a foreign-based company that entitles the holder to distributions on the underlying security.
Corporate
Bonds are debt securities issued by corporate issuers. They typically pay dividends and have a higher claim on an issuers
assets in a bankruptcy or similar proceeding but do not include voting rights or other equity characteristics.
Sovereign
Debt Securities are debt securities issued or supported by domestic or foreign governments, their agencies and municipalities. Sovereign
debt securities can be backed by the general credit of the government issuer or by a specific revenue source, such as a toll road. |
● Corporate
bonds, including investment and non-investment (or junk) bonds; and
● Alternative
investments are represented by:
● Real
estate securities, including REITs; and
● Energy-related
investments, including preferred stocks of energy companies, royalty income trusts (royalty trusts) and MLPs. Investments
in MLPs will not exceed 25% of the Funds assets.
Each
type of security (i.e., equity, sovereign debt, corporate bond, real estate and energy securities) is equal weighted at 20% of the
Index on rebalance and reconstitution dates and represented by approximately 30 component securities in the Index. The Index is rebalanced
and reconstituted at the end of each calendar quarter.
Between
quarter-ends, the relative weights of the types of securities in the Index will fluctuate with changes in the component securities
market values. Since the Index is composed of securities of all five types, there may be times when lower yielding securities of one
type are selected for the Index and higher yielding securities of another type are not. |
|
REITs
are real estate investment trusts. REITs are investment trusts, corporations, or associations
that invest in real estate assets and/or interests in mortgages on real estate assets. REITs
include similar investment vehicles that invest in real estate assets, pay dividends and
are treated as REITs for tax purposes.
Royalty
Trusts are investment trusts that invest in natural resource companies. They may buy natural resource companies and/or the right
to these companies cash flows and/or royalties from the production and sale of natural resources.
MLPs
are master limited partnerships. Many MLPs are publicly traded partnerships engaged in the transportation, storage and processing
of minerals and natural resources. |
The
Index aggregates five different sub-indexes to identify its component securities – one sub-index for each type of security. The
component securities of each sub-index are equal-weighted. The equity, real estate and energy sub-indexes are rebalanced quarterly and
reconstituted annually. The sovereign and corporate debt sub-indexes are rebalanced and reconstituted quarterly.
Securities
in the Index may include securities from developed or emerging market countries and securities of any market capitalization and credit
quality, including junk bonds. Preferred stocks, other debt securities, convertible securities and sovereign debt securities may be rated
by credit rating agencies and their ratings may be considered by the Indexs methodology. The Fund may be concentrated in an industry
or group of industries or in a sector to the extent the Index is concentrated in an industry or group of industries or sector.
Although
it is expected that the Fund will invest in all of the positions in the Index in the same weight as they appear in the Index (i.e., replicate
the Index), the Fund may use a sampling methodology to seek its investment objective. Sampling involves using a quantitative
analysis to select securities that in the aggregate have investment characteristics resembling the Index in terms of key risk factors,
performance attributes and other characteristics. The Fund may invest up to 20% of its total assets in instruments that are not component
securities of the Index, including other exchange-traded funds (ETFs).
|
|
| Risk [Heading] |
rr_RiskHeading |
Principal
Investment Risks
|
|
| Risk [Text Block] |
rr_RiskTextBlock |
As
with all funds, there is the risk that you could lose money through your investment in the Fund. Many factors affect the Funds
net asset value, price of shares, and performance.
The
following describes the risks the Fund bears with respect to its investments. As with any fund, there is no guarantee that the Fund will
achieve its objective.
| ● | Concentration
Risk: A significant percentage of the Index may be comprised of issuers in a single industry
or group of industries. If the Fund is focused in an industry or group of industries, the
value of Shares of the Fund (Shares) may rise and fall more than the value
of shares of funds that invest in a broader range of securities. |
| ● | Counterparty
Risk: The Fund may invest in financial instruments involving counterparties for the purpose
of attempting to gain exposure to particular securities or asset classes without actually
purchasing those securities or investments. These financial instruments may involve risks
that are different from those associated with ordinary portfolio securities transactions,
and expose the Fund to the risk that the counterparty will be unable or unwilling to pay
obligations due to the Fund. |
| ● | Currency
Risk: Currency risk is the potential for price fluctuations in the dollar value of foreign
securities because of changing currency exchange rates. Because the Funds NAV is determined
on the basis of U.S. dollars, the Fund may lose money if the local currency of a foreign
market depreciates against the U.S. dollar, even if the local currency value of the Funds
holdings goes up. |
| ● | Early
Close/Trading Halt Risk: An exchange or market may close or issue trading halts on specific
securities, or the ability to buy or sell certain securities or financial instruments may
be restricted, which may prevent the Fund from buying or selling certain securities or financial
instruments. In these circumstances, the Fund may be unable to rebalance its portfolio, may
be unable to accurately price its investments and may incur substantial trading losses. |
| ● | Equity
Securities Risk: Fluctuations in the value of equity securities held by the Fund will
cause the NAV of the Fund to fluctuate. |
| ○ | Common
Stock Risks: Common stocks may decline significantly in price over short of extended
periods of time. Price changes may occur in the market as a whole, or they may occur in only
a particular company, industry, country or sector of the market. Common stock is subordinate
to preferred stock upon the liquidation or bankruptcy of the issuing company. |
| ○ | Preferred Stock Risks: Preferred stocks are subject not only to risks generally applicable
to equity securities, but also risks associated with fixed-income securities, such as interest
rate risk. A companys preferred stock, which may pay fixed or variable rates of return,
generally pays dividends only after the company makes required payments to creditors, including
vendors, depositors, counterparties, holders of its bonds and other fixed-income securities.
As a result, the value of a companys preferred stock will react more strongly than
bonds and other debt to actual or perceived changes in the companys financial condition
or prospects. Preferred stock may be less liquid than many other types of securities, such
as common stock, and generally has limited or no voting rights. In addition, preferred stock
is subject to the risks that a company may defer or not pay dividends, and, in certain situations,
may call or redeem its preferred stock or convert it to common stock. |
| ● | ETF
Structure Risks: The Fund is structured as an ETF and as a result is subject to the special
risks, including: |
| ○ | Not
Individually Redeemable: Shares are not individually redeemable and may be redeemed by
the Fund at net asset value (NAV) only in large blocks known as Creation
Units. There can be no assurance that there will be sufficient liquidity in Shares
in the secondary market to permit assembly of a Creation Unit. In addition, investors may
incur brokerage and other costs in connection with assembling a Creation Unit. |
| ○ | Trading
Issues: Trading in Shares on the Exchange may be halted due to market conditions or for
reasons that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange, which may result in the Shares being delisted. An active trading
market for Shares may not be developed or maintained. If the securities in the Funds
portfolio are traded outside a collateralized settlement system, the number of financial
institutions that can act as authorized participants (Authorized Participants)
that can post collateral on an agency basis is limited, which may limit the market for Shares. |
| ● | Fixed-Income
Securities Risk: Fixed-income securities are subject to special risks, including interest
rate risk, credit risk and prepayment risk. |
| ○ | Interest
Rate Risk: Interest rate risk is the risk that fixed income securities will decline in
value because of changes in interest rates. Generally, the value of debt securities falls
as interest rates rise. Fixed income securities differ in their sensitivities to changes
in interest rates. Fixed income securities with longer effective durations tend to be more
sensitive to changes in interest rates, usually making them more volatile than securities
with shorter effective durations. |
| ○ | Credit
Risk: Credit risk is the risk that the inability or perceived inability of an issuer
to make interest and principal payments will cause the value of its securities to decrease,
and cause the Fund a loss. If an issuers financial health deteriorates, it may result
in a reduction of the credit rating of the issuers securities. Declines in credit
quality can result in bankruptcy for the issuer and permanent loss of investment. The fixed
income securities held by the Fund are subject to the risk that the issuer will be unwilling
or unable to satisfy its obligations to the Fund, including the periodic payment of interest
or the payment of principal upon maturity. |
| ○ | Prepayment
Risk: Prepayment risk is the risk that issuers of callable securities with high interest
coupons prepay (or call) their bonds before their maturity date due to falling
interest rates. If a call were exercised by the issuer during a period of declining interest
rates, the Fund is likely to have to replace such called security with a lower yielding security.
If that were to happen, it would decrease the Funds net investment income. |
| ● | Foreign
Markets Risk: Foreign investments are subject to the same risks as domestic investments
and additional risks, including international trade, currency, political, regulatory and
diplomatic risks, which may affect their value. Foreign markets are subject to special risks
associated with foreign investments including, but not limited to: lower levels of liquidity
and market efficiency; greater securities price volatility; exchange rate fluctuations and
exchange controls; limitations on foreign ownership of securities; imposition of withholding
or other taxes; imposition of restrictions on the expatriation of the assets of the Fund;
difficulties in enforcing contractual obligations; lower levels of regulation of the securities
market; risks in clearance and settlement processes; and weaker accounting, disclosure and
reporting requirements. Shareholder and bondholder rights under the laws of some foreign
countries may not be as favorable as U.S. laws. Also, foreign securities are subject to the
risk that their market price may not reflect the issuers condition because there is
not sufficient publicly available information about the issuer. |
| ● | Investing
in Other ETFs Risk: ETFs are subject to investment advisory and other expenses, which
will be indirectly paid by the Fund. As a result, your cost of investing in the Fund will
be higher than the cost of investing directly in ETFs and may be higher than other mutual
funds that invest directly in bonds. Each ETF is subject to specific risks, depending on
its investments. |
| ● | Junk
Bond Risk: Non-investment grade securities and unrated securities of comparable
credit quality – generally known as junk bonds – are subject to the increased
risk of an issuers inability to meet principal and interest payment obligations and
are considered highly speculative. These securities may be subject to greater price volatility
due to such factors as specific corporate developments, interest rate sensitivity, negative
perceptions whether real or perceived, and adverse economic conditions. In addition, there
may be little trading in the secondary market for particular bonds or other debt securities,
which may make them more difficult to value or sell. Issuers of lower-rated securities also
have a greater risk of default and bankruptcy. |
| ● | Liquidity Risk: Some securities held by the Fund may be difficult to sell or illiquid,
particularly during times of market turmoil. Illiquid securities also may be difficult to
value. If the Fund is forced to sell an illiquid security at an unfavorable time, the Fund
may incur a loss and may not achieve a high correlation with the Index. |
| ● | Market
and Geopolitical Risk: The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Funds portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, pandemics,
epidemics, terrorism, international conflicts, regulatory events and governmental or quasi-governmental
actions. The occurrence of global events similar to those in recent years may result in market
volatility and may have long term effects on both the U.S. and global financial markets. |
| ● | Market
Price Variance Risk: The market prices of Shares will fluctuate in response to changes
in NAV and supply and demand for Shares and will include a bid-ask spread charged
by the exchange specialists, market makers or other participants that trade the particular
security. There may be times when the market price and the NAV vary significantly. This means
that Shares may trade at a discount to NAV. |
| ○ | In
times of market stress, market makers may step away from their role of market making in shares
of ETFs and in executing trades, which can lead to differences between the market value of
Shares and the Funds NAV. |
| ○ | The
market price for Shares may deviate from the Funds NAV, particularly during times
of market stress, with the result that investors may pay significantly more or significantly
less for Shares than the Funds NAV, which is reflected in the bid and ask price for
Fund shares or in the closing price. |
| ○ | When
all or a portion of an ETFs underlying securities trade in a market that is closed
when the market for Shares is open, there may be changes from the last quote of the closed
market and the quote from the Funds domestic trading day, which could lead to differences
between the market value of Shares and the Funds NAV. |
| ● | In
stressed market conditions, the market for Shares may become less liquid in response to the
deteriorating liquidity of the Funds portfolio. This adverse effect on the liquidity
of Shares may, in turn, lead to differences between the market value of Shares and the Funds
NAV. |
| ● | MLP
Securities Risk: Investments in the debt and equity securities of MLPs involve risks
that differ from an investment in common stock. Holders of units of MLPs have more limited
control rights and limited rights to vote on matters affecting the MLP as compared to holders
of stock of a corporation. MLPs are controlled by their general partners, which may be subject
to conflicts of interest. |
General
partners typically have limited fiduciary duties to an MLP, which could allow a general partner to favor its own interests over the MLPs
interests. General partners of MLPs also often have limited call rights that may require unitholders to sell their common units at an
undesirable time or price. MLPs may issue additional common units without unitholder approval, which would dilute the interests of existing
unitholders, including the Funds ownership interest. The amount of cash that each individual MLP can distribute to the Fund, which
the Fund then uses to pay or distribute to its shareholders, will depend on the amount of cash the MLP generates from operations. This
will vary from quarter to quarter depending on factors affecting the natural gas infrastructure market generally and on factors affecting
the particular business lines of the MLP. Available cash will also depend on an MLPs level of operating costs (including incentive
distributions to its general partner), level of capital expenditures, debt service requirements, acquisition costs (if any), fluctuations
in working capital needs and other factors. One benefit of MLPs depends largely on the MLPs being classified as partnerships for federal
tax purposes and the MLPs having no federal income tax liability at the entity level. A change in current federal tax law or a change
in an MLPs business might cause the MLP not to be taxed as a partnership. Treatment of one or more MLPs as a corporation for federal
tax purposes could affect the Funds ability to meet its investment objective and would reduce the amount of cash available to
pay or distribute to shareholders.
| ● | MLP
Tax Risks: The benefit you are expected to derive from the Funds investments in
MLPs depends largely on the MLPs being classified as partnerships for federal tax purposes.
As a partnership, an MLP has no federal income tax liability at the entity level. If, as
a result of a change in current law or a change in an MLPs business, an MLP were treated
as a corporation for federal purposes, the MLP would be obligated to pay federal income tax
on its taxable income at the corporate tax rate and the amount of cash available for distribution
would be reduced and part of all of the distributions the Fund receives might be taxed entirely
as dividend income. Therefore, treatment of one or more MLPs as a corporation for federal
tax purposes could affect the Funds ability to meet its investment objective and would
reduce the amount of cash available to pay or distribute to shareholders. |
| ● | Non-Correlation
Risk: The Funds return may not match the return of the Index for a number of reasons,
including: the Fund incurs operating expenses not applicable to the Index, and incurs costs
in buying and selling securities; the Fund may not be fully invested at times; the performance
of the Fund and the Index may vary due to asset valuation differences and differences between
the Funds portfolio and the Index resulting from legal restrictions, cost or liquidity
constraints and; if used, representative sampling may cause the Funds tracking error
to be higher than would be the case if the Fund purchased all of the securities in the Index. |
| ● |
Passive Strategy/Index: The Fund is managed with a passive investment strategy, attempting
to track the performance of an unmanaged index of underlying securities. This differs from
an actively-managed fund, which typically seeks to outperform a benchmark index. As a result,
the Fund may hold constituent securities of the Index regardless of the current or projected
performance of a specific security or a particular industry, market sector, country or currency.
Maintaining investments in securities regardless of market conditions or the performance
of individual securities could cause the Funds return to be lower or higher than if
the Fund employed an active strategy. |
| ● | REIT
Risk: Investments in securities of real estate companies involve risks including, among
others, adverse changes in national, state or local real estate conditions; obsolescence
of properties; changes in the availability, cost and terms of mortgage funds; and the impact
of changes in environmental laws. The value of a REIT can depend on the structure of and
cash flow generated by the REIT. In addition, like mutual funds, REITs have expenses, including
advisory and administration fees, which are paid by their shareholders. Further, the failure
of a company to qualify as a REIT or comply with applicable federal tax requirements could
have adverse consequences for the Fund, including significantly reducing return to the Fund
on its investment. |
| ● | RIC
Qualification Risk: To qualify for treatment as a regulated investment company (RIC)
under the Internal Revenue Code of 1986, as amended, the Fund must meet certain income source,
asset diversification and annual distribution requirements. The Funds MLP investments
may make it more difficult for the Fund to meet these requirements. The asset diversification
requirements include a requirement that, at the end of each quarter of each taxable year,
not more than 25% of the value of the Funds total assets is invested in the securities
(including debt securities) of one or more qualified publicly traded partnerships;
the Fund anticipates that the MLPs in which it invests will be qualified publicly
traded partnerships. If the Funds MLP investments exceed this 25% limitation,
then the Fund would not satisfy the diversification requirements and could fail to qualify
as a RIC. If, in any taxable year, the Fund fails to qualify as a RIC for any reason, the
Fund would be taxed as an ordinary corporation and would become (or remain) subject to corporate
income tax. The resulting corporate taxes could substantially reduce the Funds net
assets, the amount of income available for distribution and the amount of our distributions. |
| ● | Royalty
Trust Risk: Investments in royalty trusts, which differ from owning shares of a corporation,
will have varying degrees of risk depending on the sector and the underlying assets. They
will also be subject to general risks associated with business cycles, commodity prices,
interest rates, and other economic factors. Typically, royalty trusts are more volatile than
fixed-income securities and preferred shares. To the extent that claims against a royalty
trust are not satisfied by the trust, investors in the trust (including the Fund if it is
an investor in the Trust) could be held responsible for those claims. Royalty trusts may
be subject to certain risks associated with a decline in demand for crude oil, natural gas
and refined petroleum products, which, in turn, could adversely affect income and royalty
trust revenues and cash flows. Factors that could lead to a decrease in market demand include
a recession or other adverse economic conditions, an increase in the market price of the
underlying commodity, higher taxes or other regulatory actions that increase costs, or a
shift in consumer demand for such products. A rising interest rate environment could adversely
impact the performance of royalty trusts. Rising interest rates could limit the capital appreciation
of royalty trusts because of the increased availability of alternative investments at more
competitive yields. |
| ● | Sampling
Risk: The Funds use of a representative sampling approach, if used, could result
in its holding a smaller number of securities than are in the Index. As a result, an adverse
development with an issuer of securities held by the Fund could result in a greater decline
in NAV than would be the case if the Fund held all of the securities in the Index. To the
extent the assets in the Fund are smaller, these risks will be greater. |
| ● | Sector
Risk: Securities in the sectors of the Index or in the Funds portfolio may underperform
in comparison to the general securities markets or other sectors. |
| ● | Small
and Medium Capitalization Company Risk: Investing in securities of small and medium capitalization
companies involves greater risk than is customarily associated with investing in larger,
more established companies. These companies securities may be more volatile and less
liquid than those of more established companies. These companies may be more dependent on
single products or key personnel, and may be newer than larger, more established companies
with less information to evaluate. |
| ● | Sovereign
Debt Securities Risk: Investments in sovereign debt obligations involve special risks
not present in corporate debt obligations. The issuer of the sovereign debt or the governmental
authorities that control the repayment of the debt may be unable or unwilling to repay principal
or interest when due, and the Fund may have limited recourse in the event of a default. During
periods of economic uncertainty, the market prices of sovereign debt, and the Funds
net asset value, may be more volatile than prices of U.S. debt obligations. In the past,
certain non-U.S. markets have encountered difficulties in servicing their debt obligations,
withheld payments of principal and interest and declared moratoria on the payment of principal
and interest on their sovereign debts. |
|
|
| Bar Chart and Performance Table [Heading] |
rr_BarChartAndPerformanceTableHeading |
Performance
|
|
| Performance Narrative [Text Block] |
rr_PerformanceNarrativeTextBlock |
The
bar chart and performance table below show the variability of the Funds returns, which is some indication of the risks of investing
in the Fund. The bar chart shows performance of the Shares for each full calendar year since the Funds inception. The performance
table compares the performance of the Shares over time to the performance of the Index. You should be aware that the Funds past
performance (before and after taxes) may not be an indication of how the Fund will perform in the future. Updated performance information
is available at no cost by visiting www.ArrowFunds.com or by calling 1-877-277-6933 (1-877-ARROW-FD).
|
|
| Performance Information Illustrates Variability of Returns [Text] |
rr_PerformanceInformationIllustratesVariabilityOfReturns |
The
bar chart and performance table below show the variability of the Funds returns, which is some indication of the risks of investing
in the Fund. The bar chart shows performance of the Shares for each full calendar year since the Funds inception.
|
|
| Performance Availability Phone [Text] |
rr_PerformanceAvailabilityPhone |
1-877-277-6933 (1-877-ARROW-FD)
|
|
| Performance Availability Website Address [Text] |
rr_PerformanceAvailabilityWebSiteAddress |
www.ArrowFunds.com
|
|
| Performance Past Does Not Indicate Future [Text] |
rr_PerformancePastDoesNotIndicateFuture |
You should be aware that the Funds past
performance (before and after taxes) may not be an indication of how the Fund will perform in the future.
|
|
| Bar Chart [Heading] |
rr_BarChartHeading |
Total
Return
(Year ended December 31)
|
|
| Bar Chart Closing [Text Block] |
rr_BarChartClosingTextBlock |
| Best Quarter |
12/31/2020 |
21.16% |
| Worst Quarter |
3/31/2020 |
(38.21)% |
| |
|
|
The
year-to-date return as of the most recent calendar quarter which ended March 31, 2025 was 4.89%.
|
|
| Year to Date Return, Label |
rr_YearToDateReturnLabel |
The
year-to-date return as of the most recent calendar quarter
|
|
| Bar Chart, Year to Date Return, Date |
rr_BarChartYearToDateReturnDate |
Mar. 31, 2025
|
|
| Highest Quarterly Return, Label |
rr_HighestQuarterlyReturnLabel |
Best Quarter
|
|
| Highest Quarterly Return, Date |
rr_BarChartHighestQuarterlyReturnDate |
Dec. 31, 2020
|
|
| Highest Quarterly Return |
rr_BarChartHighestQuarterlyReturn |
21.16%
|
|
| Lowest Quarterly Return, Label |
rr_LowestQuarterlyReturnLabel |
Worst Quarter
|
|
| Lowest Quarterly Return, Date |
rr_BarChartLowestQuarterlyReturnDate |
Mar. 31, 2020
|
|
| [custom:BarChartLowestQuarterlyReturn.] |
arrow_BarChartLowestQuarterlyReturn. |
(38.21%)
|
|
| Performance Table Heading |
rr_PerformanceTableHeading |
Average
Annual Total Returns
(as of December 31, 2024)
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| Performance Table Uses Highest Federal Rate |
rr_PerformanceTableUsesHighestFederalRate |
After-tax
returns are calculated using the historical highest individual federal marginal income tax rates during the period covered by the table
above and do not reflect the impact of state and local taxes.
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| Performance Table Not Relevant to Tax Deferred |
rr_PerformanceTableNotRelevantToTaxDeferred |
Actual after-tax returns depend on an investors tax situation and
may differ from those shown. After-tax returns shown are not relevant to investors who hold their Shares through tax-deferred arrangements
such as an individual retirement account (IRA) or other tax-advantaged accounts.
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| Performance Table Closing [Text Block] |
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After-tax
returns are calculated using the historical highest individual federal marginal income tax rates during the period covered by the table
above and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and
may differ from those shown. After-tax returns shown are not relevant to investors who hold their Shares through tax-deferred arrangements
such as an individual retirement account (IRA) or other tax-advantaged accounts.
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| Arrow Dow Jones Global Yield ETF | Dow Jones Global Composite Yield Index |
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| Prospectus [Line Items] |
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| 1 Year |
rr_AverageAnnualReturnYear01 |
9.21%
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[1] |
| 5 Years |
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3.69%
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[1] |
| 10 Years |
rr_AverageAnnualReturnYear10 |
2.23%
|
[1] |
| Arrow Dow Jones Global Yield ETF | Concentration Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ● | Concentration
Risk: A significant percentage of the Index may be comprised of issuers in a single industry
or group of industries. If the Fund is focused in an industry or group of industries, the
value of Shares of the Fund (Shares) may rise and fall more than the value
of shares of funds that invest in a broader range of securities. |
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| Arrow Dow Jones Global Yield ETF | Counterparty Risk [Member] |
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| ● | Counterparty
Risk: The Fund may invest in financial instruments involving counterparties for the purpose
of attempting to gain exposure to particular securities or asset classes without actually
purchasing those securities or investments. These financial instruments may involve risks
that are different from those associated with ordinary portfolio securities transactions,
and expose the Fund to the risk that the counterparty will be unable or unwilling to pay
obligations due to the Fund. |
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| Arrow Dow Jones Global Yield ETF | Currency Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ● | Currency
Risk: Currency risk is the potential for price fluctuations in the dollar value of foreign
securities because of changing currency exchange rates. Because the Funds NAV is determined
on the basis of U.S. dollars, the Fund may lose money if the local currency of a foreign
market depreciates against the U.S. dollar, even if the local currency value of the Funds
holdings goes up. |
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| Arrow Dow Jones Global Yield ETF | Early Close Trading Halt Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ● | Early
Close/Trading Halt Risk: An exchange or market may close or issue trading halts on specific
securities, or the ability to buy or sell certain securities or financial instruments may
be restricted, which may prevent the Fund from buying or selling certain securities or financial
instruments. In these circumstances, the Fund may be unable to rebalance its portfolio, may
be unable to accurately price its investments and may incur substantial trading losses. |
|
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| Arrow Dow Jones Global Yield ETF | Equity Securities Risk [Member] |
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| Risk [Text Block] |
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| ● | Equity
Securities Risk: Fluctuations in the value of equity securities held by the Fund will
cause the NAV of the Fund to fluctuate. |
| ○ | Common
Stock Risks: Common stocks may decline significantly in price over short of extended
periods of time. Price changes may occur in the market as a whole, or they may occur in only
a particular company, industry, country or sector of the market. Common stock is subordinate
to preferred stock upon the liquidation or bankruptcy of the issuing company. |
| ○ | Preferred Stock Risks: Preferred stocks are subject not only to risks generally applicable
to equity securities, but also risks associated with fixed-income securities, such as interest
rate risk. A companys preferred stock, which may pay fixed or variable rates of return,
generally pays dividends only after the company makes required payments to creditors, including
vendors, depositors, counterparties, holders of its bonds and other fixed-income securities.
As a result, the value of a companys preferred stock will react more strongly than
bonds and other debt to actual or perceived changes in the companys financial condition
or prospects. Preferred stock may be less liquid than many other types of securities, such
as common stock, and generally has limited or no voting rights. In addition, preferred stock
is subject to the risks that a company may defer or not pay dividends, and, in certain situations,
may call or redeem its preferred stock or convert it to common stock. |
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| Arrow Dow Jones Global Yield ETF | Common Stock Risks [Member] |
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| ○ | Common
Stock Risks: Common stocks may decline significantly in price over short of extended
periods of time. Price changes may occur in the market as a whole, or they may occur in only
a particular company, industry, country or sector of the market. Common stock is subordinate
to preferred stock upon the liquidation or bankruptcy of the issuing company. |
|
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| Arrow Dow Jones Global Yield ETF | Preferred Stock Risks [Member] |
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| Prospectus [Line Items] |
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| ○ | Preferred Stock Risks: Preferred stocks are subject not only to risks generally applicable
to equity securities, but also risks associated with fixed-income securities, such as interest
rate risk. A companys preferred stock, which may pay fixed or variable rates of return,
generally pays dividends only after the company makes required payments to creditors, including
vendors, depositors, counterparties, holders of its bonds and other fixed-income securities.
As a result, the value of a companys preferred stock will react more strongly than
bonds and other debt to actual or perceived changes in the companys financial condition
or prospects. Preferred stock may be less liquid than many other types of securities, such
as common stock, and generally has limited or no voting rights. In addition, preferred stock
is subject to the risks that a company may defer or not pay dividends, and, in certain situations,
may call or redeem its preferred stock or convert it to common stock. |
|
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| Arrow Dow Jones Global Yield ETF | E T F Structure Risks [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ● | ETF
Structure Risks: The Fund is structured as an ETF and as a result is subject to the special
risks, including: |
| ○ | Not
Individually Redeemable: Shares are not individually redeemable and may be redeemed by
the Fund at net asset value (NAV) only in large blocks known as Creation
Units. There can be no assurance that there will be sufficient liquidity in Shares
in the secondary market to permit assembly of a Creation Unit. In addition, investors may
incur brokerage and other costs in connection with assembling a Creation Unit. |
| ○ | Trading
Issues: Trading in Shares on the Exchange may be halted due to market conditions or for
reasons that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange, which may result in the Shares being delisted. An active trading
market for Shares may not be developed or maintained. If the securities in the Funds
portfolio are traded outside a collateralized settlement system, the number of financial
institutions that can act as authorized participants (Authorized Participants)
that can post collateral on an agency basis is limited, which may limit the market for Shares. |
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| Arrow Dow Jones Global Yield ETF | Not Individually Redeemable [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ○ | Not
Individually Redeemable: Shares are not individually redeemable and may be redeemed by
the Fund at net asset value (NAV) only in large blocks known as Creation
Units. There can be no assurance that there will be sufficient liquidity in Shares
in the secondary market to permit assembly of a Creation Unit. In addition, investors may
incur brokerage and other costs in connection with assembling a Creation Unit. |
|
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| Arrow Dow Jones Global Yield ETF | Trading Issues [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ○ | Trading
Issues: Trading in Shares on the Exchange may be halted due to market conditions or for
reasons that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary
market volatility. There can be no assurance that Shares will continue to meet the listing
requirements of the Exchange, which may result in the Shares being delisted. An active trading
market for Shares may not be developed or maintained. If the securities in the Funds
portfolio are traded outside a collateralized settlement system, the number of financial
institutions that can act as authorized participants (Authorized Participants)
that can post collateral on an agency basis is limited, which may limit the market for Shares. |
|
|
| Arrow Dow Jones Global Yield ETF | Fixed Income Securities Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ● | Fixed-Income
Securities Risk: Fixed-income securities are subject to special risks, including interest
rate risk, credit risk and prepayment risk. |
| ○ | Interest
Rate Risk: Interest rate risk is the risk that fixed income securities will decline in
value because of changes in interest rates. Generally, the value of debt securities falls
as interest rates rise. Fixed income securities differ in their sensitivities to changes
in interest rates. Fixed income securities with longer effective durations tend to be more
sensitive to changes in interest rates, usually making them more volatile than securities
with shorter effective durations. |
| ○ | Credit
Risk: Credit risk is the risk that the inability or perceived inability of an issuer
to make interest and principal payments will cause the value of its securities to decrease,
and cause the Fund a loss. If an issuers financial health deteriorates, it may result
in a reduction of the credit rating of the issuers securities. Declines in credit
quality can result in bankruptcy for the issuer and permanent loss of investment. The fixed
income securities held by the Fund are subject to the risk that the issuer will be unwilling
or unable to satisfy its obligations to the Fund, including the periodic payment of interest
or the payment of principal upon maturity. |
| ○ | Prepayment
Risk: Prepayment risk is the risk that issuers of callable securities with high interest
coupons prepay (or call) their bonds before their maturity date due to falling
interest rates. If a call were exercised by the issuer during a period of declining interest
rates, the Fund is likely to have to replace such called security with a lower yielding security.
If that were to happen, it would decrease the Funds net investment income. |
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| Arrow Dow Jones Global Yield ETF | Interest Rate Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ○ | Interest
Rate Risk: Interest rate risk is the risk that fixed income securities will decline in
value because of changes in interest rates. Generally, the value of debt securities falls
as interest rates rise. Fixed income securities differ in their sensitivities to changes
in interest rates. Fixed income securities with longer effective durations tend to be more
sensitive to changes in interest rates, usually making them more volatile than securities
with shorter effective durations. |
|
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| Arrow Dow Jones Global Yield ETF | Credit Risk [Member] |
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| Risk [Text Block] |
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| ○ | Credit
Risk: Credit risk is the risk that the inability or perceived inability of an issuer
to make interest and principal payments will cause the value of its securities to decrease,
and cause the Fund a loss. If an issuers financial health deteriorates, it may result
in a reduction of the credit rating of the issuers securities. Declines in credit
quality can result in bankruptcy for the issuer and permanent loss of investment. The fixed
income securities held by the Fund are subject to the risk that the issuer will be unwilling
or unable to satisfy its obligations to the Fund, including the periodic payment of interest
or the payment of principal upon maturity. |
|
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| Arrow Dow Jones Global Yield ETF | Prepayment Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ○ | Prepayment
Risk: Prepayment risk is the risk that issuers of callable securities with high interest
coupons prepay (or call) their bonds before their maturity date due to falling
interest rates. If a call were exercised by the issuer during a period of declining interest
rates, the Fund is likely to have to replace such called security with a lower yielding security.
If that were to happen, it would decrease the Funds net investment income. |
|
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| Arrow Dow Jones Global Yield ETF | Foreign Markets Risk [Member] |
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| ● | Foreign
Markets Risk: Foreign investments are subject to the same risks as domestic investments
and additional risks, including international trade, currency, political, regulatory and
diplomatic risks, which may affect their value. Foreign markets are subject to special risks
associated with foreign investments including, but not limited to: lower levels of liquidity
and market efficiency; greater securities price volatility; exchange rate fluctuations and
exchange controls; limitations on foreign ownership of securities; imposition of withholding
or other taxes; imposition of restrictions on the expatriation of the assets of the Fund;
difficulties in enforcing contractual obligations; lower levels of regulation of the securities
market; risks in clearance and settlement processes; and weaker accounting, disclosure and
reporting requirements. Shareholder and bondholder rights under the laws of some foreign
countries may not be as favorable as U.S. laws. Also, foreign securities are subject to the
risk that their market price may not reflect the issuers condition because there is
not sufficient publicly available information about the issuer. |
|
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| Arrow Dow Jones Global Yield ETF | Investing In Other E T Fs Risk [Member] |
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| Risk [Text Block] |
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| ● | Investing
in Other ETFs Risk: ETFs are subject to investment advisory and other expenses, which
will be indirectly paid by the Fund. As a result, your cost of investing in the Fund will
be higher than the cost of investing directly in ETFs and may be higher than other mutual
funds that invest directly in bonds. Each ETF is subject to specific risks, depending on
its investments. |
|
|
| Arrow Dow Jones Global Yield ETF | Junk Bond Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ● | Junk
Bond Risk: Non-investment grade securities and unrated securities of comparable
credit quality – generally known as junk bonds – are subject to the increased
risk of an issuers inability to meet principal and interest payment obligations and
are considered highly speculative. These securities may be subject to greater price volatility
due to such factors as specific corporate developments, interest rate sensitivity, negative
perceptions whether real or perceived, and adverse economic conditions. In addition, there
may be little trading in the secondary market for particular bonds or other debt securities,
which may make them more difficult to value or sell. Issuers of lower-rated securities also
have a greater risk of default and bankruptcy. |
|
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| Arrow Dow Jones Global Yield ETF | Liquidity Risk [Member] |
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| ● | Liquidity Risk: Some securities held by the Fund may be difficult to sell or illiquid,
particularly during times of market turmoil. Illiquid securities also may be difficult to
value. If the Fund is forced to sell an illiquid security at an unfavorable time, the Fund
may incur a loss and may not achieve a high correlation with the Index. |
|
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| Arrow Dow Jones Global Yield ETF | Market And Geopolitical Risk [Member] |
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| Prospectus [Line Items] |
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| ● | Market
and Geopolitical Risk: The increasing interconnectivity between global economies and
financial markets increases the likelihood that events or conditions in one region or financial
market may adversely impact issuers in a different country, region or financial market. Securities
in the Funds portfolio may underperform due to inflation (or expectations for inflation),
interest rates, global demand for particular products or resources, natural disasters, pandemics,
epidemics, terrorism, international conflicts, regulatory events and governmental or quasi-governmental
actions. The occurrence of global events similar to those in recent years may result in market
volatility and may have long term effects on both the U.S. and global financial markets. |
|
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| Arrow Dow Jones Global Yield ETF | Market Price Variance Risk [Member] |
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| ● | Market
Price Variance Risk: The market prices of Shares will fluctuate in response to changes
in NAV and supply and demand for Shares and will include a bid-ask spread charged
by the exchange specialists, market makers or other participants that trade the particular
security. There may be times when the market price and the NAV vary significantly. This means
that Shares may trade at a discount to NAV. |
| ○ | In
times of market stress, market makers may step away from their role of market making in shares
of ETFs and in executing trades, which can lead to differences between the market value of
Shares and the Funds NAV. |
| ○ | The
market price for Shares may deviate from the Funds NAV, particularly during times
of market stress, with the result that investors may pay significantly more or significantly
less for Shares than the Funds NAV, which is reflected in the bid and ask price for
Fund shares or in the closing price. |
| ○ | When
all or a portion of an ETFs underlying securities trade in a market that is closed
when the market for Shares is open, there may be changes from the last quote of the closed
market and the quote from the Funds domestic trading day, which could lead to differences
between the market value of Shares and the Funds NAV. |
| ● | In
stressed market conditions, the market for Shares may become less liquid in response to the
deteriorating liquidity of the Funds portfolio. This adverse effect on the liquidity
of Shares may, in turn, lead to differences between the market value of Shares and the Funds
NAV. |
|
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| Arrow Dow Jones Global Yield ETF | M L P Securities Risk [Member] |
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| ● | MLP
Securities Risk: Investments in the debt and equity securities of MLPs involve risks
that differ from an investment in common stock. Holders of units of MLPs have more limited
control rights and limited rights to vote on matters affecting the MLP as compared to holders
of stock of a corporation. MLPs are controlled by their general partners, which may be subject
to conflicts of interest. |
General
partners typically have limited fiduciary duties to an MLP, which could allow a general partner to favor its own interests over the MLPs
interests. General partners of MLPs also often have limited call rights that may require unitholders to sell their common units at an
undesirable time or price. MLPs may issue additional common units without unitholder approval, which would dilute the interests of existing
unitholders, including the Funds ownership interest. The amount of cash that each individual MLP can distribute to the Fund, which
the Fund then uses to pay or distribute to its shareholders, will depend on the amount of cash the MLP generates from operations. This
will vary from quarter to quarter depending on factors affecting the natural gas infrastructure market generally and on factors affecting
the particular business lines of the MLP. Available cash will also depend on an MLPs level of operating costs (including incentive
distributions to its general partner), level of capital expenditures, debt service requirements, acquisition costs (if any), fluctuations
in working capital needs and other factors. One benefit of MLPs depends largely on the MLPs being classified as partnerships for federal
tax purposes and the MLPs having no federal income tax liability at the entity level. A change in current federal tax law or a change
in an MLPs business might cause the MLP not to be taxed as a partnership. Treatment of one or more MLPs as a corporation for federal
tax purposes could affect the Funds ability to meet its investment objective and would reduce the amount of cash available to
pay or distribute to shareholders.
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| Arrow Dow Jones Global Yield ETF | M L P Tax Risks [Member] |
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| ● | MLP
Tax Risks: The benefit you are expected to derive from the Funds investments in
MLPs depends largely on the MLPs being classified as partnerships for federal tax purposes.
As a partnership, an MLP has no federal income tax liability at the entity level. If, as
a result of a change in current law or a change in an MLPs business, an MLP were treated
as a corporation for federal purposes, the MLP would be obligated to pay federal income tax
on its taxable income at the corporate tax rate and the amount of cash available for distribution
would be reduced and part of all of the distributions the Fund receives might be taxed entirely
as dividend income. Therefore, treatment of one or more MLPs as a corporation for federal
tax purposes could affect the Funds ability to meet its investment objective and would
reduce the amount of cash available to pay or distribute to shareholders. |
|
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| Arrow Dow Jones Global Yield ETF | Non Correlation Risk [Member] |
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| ● | Non-Correlation
Risk: The Funds return may not match the return of the Index for a number of reasons,
including: the Fund incurs operating expenses not applicable to the Index, and incurs costs
in buying and selling securities; the Fund may not be fully invested at times; the performance
of the Fund and the Index may vary due to asset valuation differences and differences between
the Funds portfolio and the Index resulting from legal restrictions, cost or liquidity
constraints and; if used, representative sampling may cause the Funds tracking error
to be higher than would be the case if the Fund purchased all of the securities in the Index. |
|
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| Arrow Dow Jones Global Yield ETF | Passive Strategy Index [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ● |
Passive Strategy/Index: The Fund is managed with a passive investment strategy, attempting
to track the performance of an unmanaged index of underlying securities. This differs from
an actively-managed fund, which typically seeks to outperform a benchmark index. As a result,
the Fund may hold constituent securities of the Index regardless of the current or projected
performance of a specific security or a particular industry, market sector, country or currency.
Maintaining investments in securities regardless of market conditions or the performance
of individual securities could cause the Funds return to be lower or higher than if
the Fund employed an active strategy. |
|
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| Arrow Dow Jones Global Yield ETF | R E I T Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ● | REIT
Risk: Investments in securities of real estate companies involve risks including, among
others, adverse changes in national, state or local real estate conditions; obsolescence
of properties; changes in the availability, cost and terms of mortgage funds; and the impact
of changes in environmental laws. The value of a REIT can depend on the structure of and
cash flow generated by the REIT. In addition, like mutual funds, REITs have expenses, including
advisory and administration fees, which are paid by their shareholders. Further, the failure
of a company to qualify as a REIT or comply with applicable federal tax requirements could
have adverse consequences for the Fund, including significantly reducing return to the Fund
on its investment. |
|
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| Arrow Dow Jones Global Yield ETF | R I C Qualification Risk [Member] |
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| ● | RIC
Qualification Risk: To qualify for treatment as a regulated investment company (RIC)
under the Internal Revenue Code of 1986, as amended, the Fund must meet certain income source,
asset diversification and annual distribution requirements. The Funds MLP investments
may make it more difficult for the Fund to meet these requirements. The asset diversification
requirements include a requirement that, at the end of each quarter of each taxable year,
not more than 25% of the value of the Funds total assets is invested in the securities
(including debt securities) of one or more qualified publicly traded partnerships;
the Fund anticipates that the MLPs in which it invests will be qualified publicly
traded partnerships. If the Funds MLP investments exceed this 25% limitation,
then the Fund would not satisfy the diversification requirements and could fail to qualify
as a RIC. If, in any taxable year, the Fund fails to qualify as a RIC for any reason, the
Fund would be taxed as an ordinary corporation and would become (or remain) subject to corporate
income tax. The resulting corporate taxes could substantially reduce the Funds net
assets, the amount of income available for distribution and the amount of our distributions. |
|
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| Arrow Dow Jones Global Yield ETF | Royalty Trust Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ● | Royalty
Trust Risk: Investments in royalty trusts, which differ from owning shares of a corporation,
will have varying degrees of risk depending on the sector and the underlying assets. They
will also be subject to general risks associated with business cycles, commodity prices,
interest rates, and other economic factors. Typically, royalty trusts are more volatile than
fixed-income securities and preferred shares. To the extent that claims against a royalty
trust are not satisfied by the trust, investors in the trust (including the Fund if it is
an investor in the Trust) could be held responsible for those claims. Royalty trusts may
be subject to certain risks associated with a decline in demand for crude oil, natural gas
and refined petroleum products, which, in turn, could adversely affect income and royalty
trust revenues and cash flows. Factors that could lead to a decrease in market demand include
a recession or other adverse economic conditions, an increase in the market price of the
underlying commodity, higher taxes or other regulatory actions that increase costs, or a
shift in consumer demand for such products. A rising interest rate environment could adversely
impact the performance of royalty trusts. Rising interest rates could limit the capital appreciation
of royalty trusts because of the increased availability of alternative investments at more
competitive yields. |
|
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| Arrow Dow Jones Global Yield ETF | Sampling Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
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| ● | Sampling
Risk: The Funds use of a representative sampling approach, if used, could result
in its holding a smaller number of securities than are in the Index. As a result, an adverse
development with an issuer of securities held by the Fund could result in a greater decline
in NAV than would be the case if the Fund held all of the securities in the Index. To the
extent the assets in the Fund are smaller, these risks will be greater. |
|
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| Arrow Dow Jones Global Yield ETF | Sector Risk [Member] |
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| Prospectus [Line Items] |
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| ● | Sector
Risk: Securities in the sectors of the Index or in the Funds portfolio may underperform
in comparison to the general securities markets or other sectors. |
|
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| Arrow Dow Jones Global Yield ETF | Small And Medium Capitalization Company Risk [Member] |
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| Prospectus [Line Items] |
rr_ProspectusLineItems |
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| Risk [Text Block] |
rr_RiskTextBlock |
| ● | Small
and Medium Capitalization Company Risk: Investing in securities of small and medium capitalization
companies involves greater risk than is customarily associated with investing in larger,
more established companies. These companies securities may be more volatile and less
liquid than those of more established companies. These companies may be more dependent on
single products or key personnel, and may be newer than larger, more established companies
with less information to evaluate. |
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| Arrow Dow Jones Global Yield ETF | Sovereign Debt Securities Risk [Member] |
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| Prospectus [Line Items] |
rr_ProspectusLineItems |
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| Risk [Text Block] |
rr_RiskTextBlock |
| ● | Sovereign
Debt Securities Risk: Investments in sovereign debt obligations involve special risks
not present in corporate debt obligations. The issuer of the sovereign debt or the governmental
authorities that control the repayment of the debt may be unable or unwilling to repay principal
or interest when due, and the Fund may have limited recourse in the event of a default. During
periods of economic uncertainty, the market prices of sovereign debt, and the Funds
net asset value, may be more volatile than prices of U.S. debt obligations. In the past,
certain non-U.S. markets have encountered difficulties in servicing their debt obligations,
withheld payments of principal and interest and declared moratoria on the payment of principal
and interest on their sovereign debts. |
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| Arrow Dow Jones Global Yield ETF | Arrow Dow Jones Global Yield ETF |
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| Prospectus [Line Items] |
rr_ProspectusLineItems |
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| Trading Symbol |
dei_TradingSymbol |
GYLD
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| Shareholder Fee, Other |
rr_ShareholderFeeOther |
none
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| Management Fees (as a percentage of Assets) |
rr_ManagementFeesOverAssets |
0.75%
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| Distribution and Service (12b-1) Fees |
rr_DistributionAndService12b1FeesOverAssets |
none
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| Other Expenses (as a percentage of Assets): |
rr_OtherExpensesOverAssets |
none
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| Expenses (as a percentage of Assets) |
rr_ExpensesOverAssets |
0.75%
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| Expense Example, with Redemption, 1 Year |
rr_ExpenseExampleYear01 |
$ 77
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| Expense Example, with Redemption, 3 Years |
rr_ExpenseExampleYear03 |
240
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| Expense Example, with Redemption, 5 Years |
rr_ExpenseExampleYear05 |
417
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| Expense Example, with Redemption, 10 Years |
rr_ExpenseExampleYear10 |
$ 930
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| Annual Return 2015 |
rr_AnnualReturn2015 |
(21.30%)
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| Annual Return 2016 |
rr_AnnualReturn2016 |
13.86%
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| Annual Return 2017 |
rr_AnnualReturn2017 |
5.85%
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| Annual Return 2018 |
rr_AnnualReturn2018 |
(9.35%)
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| Annual Return 2019 |
rr_AnnualReturn2019 |
14.60%
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| Annual Return 2020 |
rr_AnnualReturn2020 |
(11.47%)
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| Annual Return 2021 |
rr_AnnualReturn2021 |
16.66%
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| Annual Return 2022 |
rr_AnnualReturn2022 |
(7.30%)
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| Annual Return 2023 |
rr_AnnualReturn2023 |
11.38%
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| Annual Return 2024 |
rr_AnnualReturn2024 |
4.05%
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| Label |
rr_AverageAnnualReturnLabel |
Return
Before Taxes
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|
| 1 Year |
rr_AverageAnnualReturnYear01 |
4.05%
|
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| 5 Years |
rr_AverageAnnualReturnYear05 |
2.10%
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| 10 Years |
rr_AverageAnnualReturnYear10 |
0.90%
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| Arrow Dow Jones Global Yield ETF | Arrow Dow Jones Global Yield ETF | After Taxes on Distributions |
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| Prospectus [Line Items] |
rr_ProspectusLineItems |
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| 1 Year |
rr_AverageAnnualReturnYear01 |
(0.29%)
|
|
| 5 Years |
rr_AverageAnnualReturnYear05 |
(0.48%)
|
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| 10 Years |
rr_AverageAnnualReturnYear10 |
(1.80%)
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| Arrow Dow Jones Global Yield ETF | Arrow Dow Jones Global Yield ETF | After Taxes on Distributions and Sales |
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| Prospectus [Line Items] |
rr_ProspectusLineItems |
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| 1 Year |
rr_AverageAnnualReturnYear01 |
3.00%
|
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| 5 Years |
rr_AverageAnnualReturnYear05 |
0.65%
|
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| 10 Years |
rr_AverageAnnualReturnYear10 |
(0.40%)
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