Shareholder Report | 12 Months Ended |
Sep. 30, 2024 USD ($) Holdings |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Starboard Investment Trust |
Entity Central Index Key | 0001464413 |
Entity Investment Company Type | N-1A |
Document Period End Date | Sep. 30, 2024 |
Sector Rotation Fund (No Load Shares) | |
Shareholder Report [Line Items] | |
Fund Name | Sector Rotation Fund |
Class Name | No Load Shares |
Trading Symbol | NAVFX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://fundinfopages.com/NAVFX (800) 773-3863 |
Additional Information Phone Number | (800) 773-3863 |
Additional Information Website | https://fundinfopages.com/NAVFX |
Expenses [Text Block] | What were the Fund costs for the past year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment NAVFX $ 115 1.97 |
Expenses Paid, Amount | $ 115 |
Expense Ratio, Percent | 1.97% |
Factors Affecting Performance [Text Block] | How did the Fund perform last year and what affected its performance? For the twelve months ended September 30, 2024, the Fund returned 32.86% The Fund underperformed its benchmark, the S&P 500 Index, which returned 36.35% for the same period. What Factors Influenced Performance During the last twelve months in the markets the only three things that mattered were inflation, inflation and inflation. Inflation soared from 2019 – 2022, which triggered the Federal Reserve Open Market Committee (FMOC) to increase interested rates eleven times from March 2022 thru July 2023. These increases helped to tamp down inflation to the point where the FOMC decided to have its first cut since the Covid-19 pandemic. In the Advisor’s opinion, lowering inflation to a level that is very close to the FOMC goal of 2.0% was a major macro-economic reason for the strong 12 month returns. As outlined in the prospectus, the Advisor’s strategy is to overweight the Fund’s portfolio into the eleven macro-economic sectors that, as a whole, construct the entire US economy. During the reporting period the top two sectors were information technology and communication services. The Fund’s top two holdings within those sectors, as of September 30, 2024, were Vanguard Information Technology (VGT) and Vanguard Communication Services (VOX). The bottom two sectors were health care and energy. The Fund’s performance was hindered by a 7.41% [increase/decrease] in health care. The past twelve months proved to be strong regardless of the multiple foreign wars and the uncertainty that comes with a US Presidential election. This is a testament to how meaningful inflation can be on the markets. |
Performance Past Does Not Indicate Future [Text] | The Fund's past performance is not a good predictor of the Fund's future performance. |
Line Graph [Table Text Block] | Cumulative Performance From September 30, 2014 through September 30, 2024 Initial Investment of $10,000 Date Sector Rotation Fund ($24,218) S&P 500 Index ($35,101) 9/30/2014 10000 10000 9/30/2015 10185 9939 9/30/2016 10954 11473 9/30/2017 12616 13608 9/30/2018 15019 16045 9/30/2019 14657 16728 9/30/2020 15836 19262 9/30/2021 19007 25042 9/30/2022 15548 21167 9/30/2023 18241 25743 9/30/2024 24218 35101 |
Average Annual Return [Table Text Block] | Average Annual Total Returns 1 year 5 year 10 year NAVFX 32.86% 10.55% 9.25% S&P 500 Index 36.35% 15.98% 13.38% |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. |
Net Assets | $ 38,016,098 |
Holdings Count | Holdings | 12 |
Advisory Fees Paid, Amount | $ 339,448 |
Investment Company, Portfolio Turnover | 309.04% |
Additional Fund Statistics [Text Block] | Key Fund Statistics (as of September 30, 2024 ) Fund Net Assets $38,016,098 Number of Holdings 12 Net Advisory Fee $339,448 Annual Portfolio Turnover 309.04% |
Holdings [Text Block] | What did the Fund invest in? (as of September 30, 2024 ) Sector Breakdown (% of net assets) Sector % Technology 0.185 Communication Services 0.172 Industrials 0.171 Consumer Discretionary 0.152 Financials 0.133 Health Care 0.111 Real Estate 0.038 Aerospace & Defense 0.030 Other 0.006 |
Largest Holdings [Text Block] | Top Ten Holdings (% of net assets) Vanguard Information Technology ETF 18.5% Vanguard Communication Services ETF 17.2% Vanguard Industrials ETF 17.1% Vanguard Consumer Discretionary ETF 15.2% Vanguard Health Care ETF 11.1% Vanguard Financials ETF 5.8% Vanguard Real Estate ETF 3.8% ProShares UltraPro Short QQQ 3.5% Invesco Aerospace & Defense ETF 3.0% ProShares UltraPro Short S&P 500 2.5% |
Accountant Change Statement [Text Block] | In January 2024, Cohen & Company, Ltd. (“Cohen”) was dismissed as the independent registered public accounting firm for the Fund and in March 2024, Tait, Weller & Baker, LLP (“Tait Weller”) was appointed. |
Accountant Change Disagreements [Text Block] | Changes in and Disagreements with Accountants In January 2024, Cohen & Company, Ltd. (“Cohen”) was dismissed as the independent registered public accounting firm for the Fund and in March 2024, Tait, Weller & Baker, LLP (“Tait Weller”) was appointed. |