Shareholder Report | 12 Months Ended |
Jul. 31, 2024 USD ($) Holdings |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Tidal ETF Trust |
Entity Central Index Key | 0001742912 |
Document Period End Date | Jul. 31, 2024 |
Aztlan Global Stock Selection DM SMID ETF | |
Shareholder Report [Line Items] | |
Fund Name | Aztlan Global Stock Selection DM SMID ETF |
Class Name | Aztlan Global Stock Selection DM SMID ETF |
Trading Symbol | AZTD |
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 www.aztlanetfs.com (800) 886-4107 |
Additional Information Phone Number | (800) 886-4107 |
Additional Information Website | www.aztlanetfs.com |
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 Aztlan Global Stock Selection DM SMID ETF $75 0.75% |
Expenses Paid, Amount | $ 75 |
Expense Ratio, Percent | 0.75% |
Factors Affecting Performance [Text Block] | How did the Fund perform last year and what affected its performance? During the reporting period, the Fund generated a total return of 0.44% (NAV) and 0.13% (Market). This compares to the 2.71% total return of the Solactive Aztlan Global Developed Markets SMID Cap Index, and the 22.15% total return of the benchmark, the S&P 500® Total Return Index and 11.70% for the MSCI World SMID Cap Index Gross Total Return for the same period. From a sector perspective, based on performance attribution to the overall portfolio, Consumer Staples and Real Estate were the leading contributors, while Financials and Communication Services were the leading detractors. Reviewing individual stocks based on performance attribution to the overall portfolio, leading contributors included Darktrace PLC, The GAP, and Lawson Inc. Conversely, the leading detractors included M&A Research Institute, Tokyo Electron Device, and Teradata Corporation. |
Performance Past Does Not Indicate Future [Text] | The fund’s past performance is not a good predictor of how the fund will perform in the future. |
Line Graph [Table Text Block] | Cumulative Performance As of Date Aztlan Global Stock Selection DM SMID ETF (NAV) Aztlan Global Stock Selection DM SMID ETF (MKT) Solactive Aztlan Global Developed Markets SMID Cap Index S&P 500 Total Return Index MSCI World SMID Cap Index Gross Total Return Index 8/17/22 10000 10000 10000 10000 10000 8/31/22 9646 9626 9677 9260 9386 9/30/22 9040 9050 9070 8407 8428 10/31/22 9668 9685 9734 9088 9058 11/30/22 10315 10488 10389 9596 9692 12/31/22 9858 9895 9934 9043 9382 1/31/23 10601 10660 10671 9611 10210 2/28/23 10220 10224 10300 9377 9971 3/31/23 10275 10303 10381 9721 9806 4/30/23 10165 10219 10288 9873 9829 5/31/23 9828 9845 9968 9915 9537 6/30/23 10515 10535 10711 10571 10134 7/31/23 11080 11070 11303 10910 10599 8/31/23 10558 10571 10798 10737 10216 9/30/23 9888 9883 10123 10225 9719 10/31/23 9441 9534 9666 10010 9168 11/30/23 10341 10365 10593 10924 10067 12/31/23 10957 10918 11240 11420 10902 1/31/24 10954 10860 11239 11612 10697 2/29/24 10889 10900 11216 12232 11083 3/31/24 10802 10815 11194 12626 11523 4/30/24 10563 10500 10972 12110 10993 5/31/24 11007 11040 11469 12710 11399 6/30/24 10760 10773 11198 13166 11207 7/31/24 11147 11084 11610 13327 11838 |
Average Annual Return [Table Text Block] | Annual Performance Annualized Returns for the Periods Ended July 31, 2024. 1 Year Since Inception ( 8/17/2022 Aztlan Global Stock Selection DM SMID ETF (NAV) 0.44% 5.71% Aztlan Global Stock Selection DM SMID ETF (MKT) 0.13% 5.41% Solactive Aztlan Global Developed Markets SMID Cap Index 2.71% 7.94% S&P 500 Total Return Index 22.15% 15.84% MSCI World SMID Cap Index Gross Total Return Index 11.70% 9.02% |
Performance Inception Date | Aug. 17, 2022 |
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 | $ 25,541,000 |
Holdings Count | Holdings | 28 |
Advisory Fees Paid, Amount | $ 283,657 |
Investment Company, Portfolio Turnover | 931% |
Additional Fund Statistics [Text Block] | Key Fund Statistics (as of July 31, 2024 ) Fund Size (Thousands) $25,541 Number of Holdings 28 Total Advisory Fee Paid $283,657 Annual Portfolio Turnover 931% |
Holdings [Text Block] | What did the Fund invest in? (as of July 31, 2024 ) Sector Breakdown (% of net assets) Security % of Total Net Assets Technology 0.189 Consumer, Cyclical 0.187 Consumer, Non-cyclical 0.169 Basic Materials 0.093 Utilities 0.093 Financial 0.077 Communications 0.074 Cash & Cash Equivalents 0.042 Industrial 0.039 Real Estate Investment Trusts (REITs) 0.037 Percentages are based on total net assets. Cash & Cash Equivalents represents short-term investments and other assets in excess of liabilities. |
Largest Holdings [Text Block] | Top Ten Holdings (% of net assets) SBI Sumishin Net Bank Ltd. 4.0 Toyo Suisan Kaisha Ltd. 4.0 Rorze Corp. 4.0 Fujikura Ltd. 3.9 Pro Medicus Ltd. 3.8 Tohoku Electric Power Co., Inc. 3.8 Cinemark Holdings, Inc. 3.8 Kobe Steel Ltd. 3.8 Sankyo Co. Ltd. 3.8 Iveco Group NV 3.8 |
Material Fund Change [Text Block] | How has the Fund changed? The Board of Trustees of the Tidal ETF Trust (“Trust”) has approved changes to the principal investment strategies of the Fund, a series of the Trust. The changes to the Fund’s principal investment strategies are being made in connection with revisions to the index guidelines and methodology for the Solactive Aztlan Global Developed Markets SMID Cap Index (the “Index”). The Fund tracks the performance, before fees and expenses, of the Index. The Fund’s revised principal investment strategies will reflect several changes, including the following: ●The number of Index constituents will be increased from 27 to 50 holdings. ●The universe from which these constituents are chosen will first be narrowed to 70 potential investments based on a “Stable Quality” metric, as discussed further in the principal investment strategies presented below. ●The Index rebalance frequency will be changed from monthly to quarterly. ●The exclusion on constituents in the Energy sector will be removed. To that end, effective on or around October 14, 2024, the “Principal Investment Strategy” section of the Fund’s Summary Prospectus and the Prospectus will be revised. |
Accountant Change Statement [Text Block] | Changes in and Disagreements with Accountants There were no changes in or disagreements with accountants. |
Aztlan North America Nearshoring Stock Selection ETF | |
Shareholder Report [Line Items] | |
Fund Name | Aztlan North America Nearshoring Stock Selection ETF |
Class Name | Aztlan North America Nearshoring Stock Selection ETF |
Trading Symbol | NRSH |
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 www.aztlanetfs.com (800) 886-4107 |
Additional Information Phone Number | (800) 886-4107 |
Additional Information Website | www.aztlanetfs.com |
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 Aztlan North America Nearshoring Stock Selection ETF $50 0.75% The Fund commenced operations on November 29, 2023. Expenses for a full reporting period would be higher than the figures shown. |
Expenses Paid, Amount | $ 50 |
Expense Ratio, Percent | 0.75% |
Factors Affecting Performance [Text Block] | How did the Fund perform last year and what affected its performance? During the reporting period (since inception 11/29/23), the Fund generated a total return of 11.01% (NAV) and 10.66% (Market). This compares to the 10.51% total return of the Aztlan North America Nearshoring Index, and the 22.50% total return of the benchmark, the S&P 500® Total Return Index. From a sector perspective, based on performance attribution to the overall portfolio, Industrials was the leading contributor, while Real Estate was the leading detractor. Reviewing individual stocks based on performance attribution to the overall portfolio, leading contributors included Innovative Industrial Proper and Universe Logistics Holdings. Conversely, the leading detractors included Forward Air Corp and Prologis Property Mexico. |
Performance Past Does Not Indicate Future [Text] | The fund’s past performance is not a good predictor of how the fund will perform in the future. |
Line Graph [Table Text Block] | Cumulative Performance As of Date Aztlan North America Nearshoring Stock Selection ETF (NAV) Aztlan North America Nearshoring Stock Selection ETF (MKT) Aztlan North America Nearshoring Price Return Index S&P 500 Total Return Index 11/29/23 10000 10000 10000 10000 11/30/23 10141 10167 9967 10041 12/31/23 11023 11046 10576 10497 1/31/24 10612 10624 10574 10673 2/29/24 10782 10808 10553 11243 3/31/24 10984 11010 10533 11605 4/30/24 10016 10040 10323 11131 5/31/24 10411 10404 10791 11683 6/30/24 10303 10307 10536 12102 7/31/24 11101 11066 11051 12250 |
Average Annual Return [Table Text Block] | Annual Performance Annualized Returns for the Period Ended July 31, 2024. Since Inception ( 11/29/2023 Aztlan North America Nearshoring Stock Selection ETF (NAV) 11.01% Aztlan North America Nearshoring Stock Selection ETF (MKT) 10.66% Aztlan North America Nearshoring Price Return Index 10.51% S&P 500 Total Return Index 22.50% |
Performance Inception Date | Nov. 29, 2023 |
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 | $ 10,529,000 |
Holdings Count | Holdings | 32 |
Advisory Fees Paid, Amount | $ 46,722 |
Investment Company, Portfolio Turnover | 85% |
Additional Fund Statistics [Text Block] | Key Fund Statistics (as of July 31, 2024 ) Fund Size (Thousands) $10,529 Number of Holdings 32 Total Advisory Fee Paid $46,722 Annual Portfolio Turnover 85% |
Holdings [Text Block] | What did the Fund invest in? (as of July 31, 2024 ) Sector Breakdown (% of net assets) Security % of Total Net Assets Industrial 0.897 REIT 0.083 Consumer, Non-cyclical 0.009 Consumer, Cyclical 0.009 Cash & Cash Equivalents 0.002 Percentages are based on total net assets. Cash & Cash Equivalents represents short-term investments and liabilities in excess of other assets. |
Largest Holdings [Text Block] | Top Ten Holdings (% of net assets) C.H. Robinson Worldwide, Inc. 6.8 ArcBest Corp. 6.2 Landstar System, Inc. 6.0 Union Pacific Corp. 6.0 Schneider National, Inc. 5.6 TFI International, Inc. 5.5 CSX Corp. 5.4 Matson, Inc. 5.1 Hub Group, Inc. 4.9 Norfolk Southern Corp. 4.8 |
Material Fund Change [Text Block] | How has the Fund changed? There were no material changes during the reporting period. |
Accountant Change Statement [Text Block] | Changes in and Disagreements with Accountants There were no changes in or disagreements with accountants. |