Shareholder Report | 12 Months Ended |
Aug. 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 |
Entity Investment Company Type | N-1A |
Document Period End Date | Aug. 31, 2024 |
Adasina Social Justice All Cap Global ETF | |
Shareholder Report [Line Items] | |
Fund Name | Adasina Social Justice All Cap Global ETF |
Class Name | Adasina Social Justice All Cap Global ETF |
Trading Symbol | JSTC |
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.adasinaetf.com (833) 743-0080 |
Additional Information Phone Number | (833) 743-0080 |
Additional Information Website | www.adasinaetf.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 Adasina Social Justice All Cap Global ETF $96 0.89% |
Expenses Paid, Amount | $ 96 |
Expense Ratio, Percent | 0.89% |
Factors Affecting Performance [Text Block] | How did the Fund perform last year and what affected its performance? The Fund returned 16.11% (NAV) for the fiscal year ended August 31, 2024 as compared to 22.95% for the Dow Jones Global Index TR and 17.64% for the Adasina Social Justice Total Return Index. The Fund is an actively-managed ETF that invests substantially all of its assets in a portfolio of global equities. The Fund's performance was affected positively by Security Selection and Asset Allocation versus the benchmark. During the reporting period, global equity markets were significantly influenced by shifting expectations around inflation and interest rates, with stocks rallying on growing confidence that slowing inflation will allow for more rate cuts heading into the end of 2024. What Factors Influenced Performance? Global Economic Recovery: The ongoing post-pandemic recovery provided a favorable backdrop for global equity markets, benefiting many of our holdings. Global Diversification: Our all-cap global approach helped balance risks and identify opportunities across various markets and capitalizations. Sector Allocation: Key sector contributors to portfolio returns included Financial Services, Information Technology, and Industrials. Security Selection: A significant factor in performance was the absence of the so-called "Magnificent 7" stocks (i.e., Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla) from our portfolio, the majority of which violated our Forced & Child Labor screens in addition to numerous other violations of the Adasina Social Justice Investment Criteria. Their absence impacted returns negatively when these stocks surged, contributing to portfolio underperformance relative to unscreened broad global equities portfolios. However, it also provided some protection during periods when these stocks suffered significant declines. While this concentration in a few stocks drove broader market returns over the reporting period, it also increased market risk. Adhering to our Social Justice Investment Criteria produced a more diversified approach, which helped mitigate this concentration risk and allowed us to identify a broader range of sectors and companies to deliver value. |
Performance Past Does Not Indicate Future [Text] | The Fund's past performance is not a good indicator of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Cumulative Performance (Initial Investment of $10,000) Date Adasina Social Justice All Cap Global ETF (NAV) Adasina Social Justice All Cap Global ETF (MKT) Dow Jones Global Index Adasina Social Justice Index 12/8/20 10000 10000 10000 10000 12/31/20 10253 10282 10217 10268 1/31/21 10088 10134 10181 10151 2/28/21 10440 10473 10447 10505 3/31/21 10783 10833 10719 10814 4/30/21 11246 11273 11186 11309 5/31/21 11500 11521 11358 11552 6/30/21 11533 11550 11490 11620 7/31/21 11646 11698 11559 11747 8/31/21 11924 11958 11849 12032 9/30/21 11490 11496 11379 11572 10/31/21 12028 12052 11927 12139 11/30/21 11640 11704 11607 11769 12/31/21 12178 12263 12068 12345 1/31/22 11519 11607 11453 11700 2/28/22 11282 11317 11181 11477 3/31/22 11335 11357 11401 11541 4/30/22 10456 10469 10499 10661 5/31/22 10501 10543 10510 10716 6/30/22 9622 9695 9621 9828 7/31/22 10278 10334 10286 10518 8/31/22 9890 9919 9927 10131 9/30/22 9015 9061 8975 9235 10/31/22 9682 9735 9504 9927 11/30/22 10393 10517 10248 10664 12/31/22 10085 10108 9869 10353 1/31/23 10862 10888 10582 11166 2/28/23 10603 10630 10287 10914 3/31/23 10590 10658 10566 10924 4/30/23 10622 10652 10711 10952 5/31/23 10360 10427 10588 10709 6/30/23 10943 10995 11202 11359 7/31/23 11224 11261 11625 11696 8/31/23 10977 10992 11299 11449 9/30/23 10509 10500 10839 10970 10/31/23 10095 10125 10490 10551 11/30/23 11062 11078 11458 11574 12/31/23 11620 11690 12034 12181 1/31/24 11582 11613 12077 12149 2/29/24 11843 11882 12596 12440 3/31/24 12109 12163 12993 12729 4/30/24 11504 11524 12565 12104 5/31/24 11828 118477 13065 12447 6/30/24 11847 11942 13316 12499 7/31/24 12359 12441 13566 13049 8/31/24 12745 12779 13892 13468 |
Average Annual Return [Table Text Block] | Annual Performance Annualized Returns for the Periods Ended August 31, 2024 1 Year Since Inception ( 12/8/2020 Adasina Social Justice All Cap Global ETF - NAV 16.11% 6.72% Adasina Social Justice All Cap Global ETF - Market 16.26% 6.80% Dow Jones Global Index 22.95% 9.22% Adasina Social Justice Index 17.64% 8.31% |
Performance Inception Date | Dec. 08, 2020 |
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 | $ 203,391,000 |
Holdings Count | Holdings | 702 |
Advisory Fees Paid, Amount | $ 1,452,248 |
Investment Company, Portfolio Turnover | 82% |
Additional Fund Statistics [Text Block] | Key Fund Statistics (as of August 31, 2024 ) Fund Size (Thousands) $203,391 Number of Holdings 702 Total Advisory Fee Paid $1,452,248 Annual Portfolio Turnover 82% |
Holdings [Text Block] | What did the Fund invest in? (as of August 31, 2024 ) Sector Breakdown (% of net assets) Sector % of Total Net Assets Financial 24.3% Consumer, Non-cyclical 22.1% Technology 20.4% Industrial 13.5% Communications 9.4% Consumer, Cyclical 4.7% Basic Materials 2.8% Utilities 2.3% Energy 0.1% Cash & Cash Equivalents 0.4% Geographic Breakdown (% of net assets) Country % of Total Net Assets United States 68.5% Japan 4.7% Canada 4.5% United Kingdom 3.7% Taiwan, Province of China 2.8% Switzerland 2.7% Netherlands 2.0% China 1.6% Belgium 1.9% Cash & Other 7.6% |
Largest Holdings [Text Block] | Top Ten Holdings (% of net assets) Aflac, Inc. 2.3 Merck & Co., Inc. 2.2 Visa, Inc. - Class A 1.8 Graco, Inc. 1.5 Xylem, Inc. 1.4 Juniper Networks, Inc. 1.4 Automatic Data Processing, Inc. 1.4 The Progressive Corp. 1.3 Snap-on, Inc. 1.3 S&P Global, Inc. 1.3 |
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. |