Fees and Expenses
|
May 26, 2026 |
| GraniteShares 2x Long AI Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other
Expenses are estimated for the Fund’s initial fiscal year. |
| (2) |
The
cost of investing in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect
expense that is not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing
in swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for
the fiscal year ending June 30, 2027. |
| (3) |
GraniteShares
Advisors LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual
fund operating expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses,
(iv) fees and expenses associated with instruments in other collective investment vehicles or derivative instruments (including for
example options and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related
to underlying investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with
any merger or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective
until December 31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors
LLC may request recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and
expenses were waived or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation
in place at the time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short AI Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long APP Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short APP Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
| 1
Year |
|
|
3
Years |
|
| $ |
220 |
|
|
$ |
713 |
|
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long ASTS Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short ASTS Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long BB Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short BB Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long BMNR Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short BMNR Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long BTDR Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short BTDR Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long CRSR Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short CRSR Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long DBX Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short DBX Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long ETN Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short ETN Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long FIVN Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short FIVN Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Annual Fund Operating Expenses | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long HUT Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short HUT Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long IOT Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short IOT Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value
of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long IREN Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
December 31, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short IREN Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long LITE Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short LITE Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long NTAP Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short NTAP Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3) (1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long PATH Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short PATH Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long PSTG Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short PSTG Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each
year as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long QLYS Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short QLYS Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long RKLB Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short RKLB Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long SNDK Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short SNDK Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Shareholder Fees [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long SOUN Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short SOUN Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long STX Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
| Management Fee | |
| 1.30 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net
Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short STX Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net Annual Fund Operating
Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Long TDC Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
| Management Fee | |
| 1.30 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 1.50 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net
Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 1.50 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 4% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 1.50%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|
| GraniteShares 2x Short TDC Daily ETF |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fund
Fees and Expenses
|
| Expense Narrative [Text Block] |
This
table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). The fees
are expressed as a percentage of the Fund’s average daily net assets. Investors may pay other fees, such as brokerage commissions
and other fees to financial intermediaries, which are not reflected in the table and example below.
|
| Annual Fund Operating Expenses [Table] |
| Management Fee | |
| 2.00 | % |
Annual Fund Operating Expenses
(expenses that you pay each year
as a percentage of the value of your investment) |
| Management Fee | |
| 2.00 | % |
| Distribution and/or Service (12b-1) Fees | |
| - | % |
| Other Expenses (1) | |
| 0.20 | % |
| Total Annual Fund Operating Expenses (2) | |
| 2.20 | % |
| Fee Waver/Reimbursements (3) | |
| - | % |
| Net
Annual Fund Operating Expenses After Fee Waiver/Reimbursements (1), (2), (3)(1)(2)(3) | |
| 2.20 | % |
| (1) |
Other Expenses are estimated
for the Fund’s initial fiscal year. |
| (2) |
The cost of investing in
swaps, including the embedded cost of the swap and the operating expenses of the referenced assets, is an indirect expense that is
not included in the above fee table and is not reflected in the expense example. The total indirect cost of investing in swaps, including
the embedded cost of the swap and the operating expenses of the referenced assets, is estimated to be 5% for the fiscal year ending
June 30, 2027. |
| (3) |
GraniteShares Advisors
LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating
expenses (exclusive of any (i) interest, (ii) brokerage fees and commission, (iii) acquired fund fees and expenses, (iv) fees and
expenses associated with instruments in other collective investment vehicles or derivative instruments (including for example options
and swap fees and expenses), (v) interest and dividend expense on short sales, (vi) taxes, (vii) other fees related to underlying
investments (such as option fees and expenses or swap fees and expenses), (viii) expenses incurred in connection with any merger
or reorganization or (ix) extraordinary expenses such as litigation) will not exceed 3.00%. This agreement is effective until December
31, 2027, and it may be terminated before that date only by the Trust’s Board of Trustees. GraniteShares Advisors LLC may request
recoupment of previously waived fees and paid expenses from the Fund for three years from the date such fees and expenses were waived
or paid, if such reimbursement will not cause the Fund’s total expense ratio to exceed the expense limitation in place at the
time of the waiver and/or expense payment and the expense limitation in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of investing in mutual funds and other exchange
traded funds.
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those
periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain
the same. The figures shown would be the same whether or not you sold your Shares at the end of each period.
Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher
portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Shares are held in a taxable account.
These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund
does not have any portfolio turnover because it has not yet been launched.
|