Shareholder Report | 12 Months Ended |
Nov. 30, 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 | Nov. 30, 2024 |
SP Funds Dow Jones Global Sukuk ETF | |
Shareholder Report [Line Items] | |
Fund Name | SP Funds Dow Jones Global Sukuk ETF |
Class Name | SP Funds Dow Jones Global Sukuk ETF |
Trading Symbol | SPSK |
Security Exchange Name | NYSEArca |
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.sp-funds.com/spsk/ (425) 409-9500 |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during and after the reporting period. |
Additional Information Phone Number | (425) 409-9500 |
Additional Information Website | www.sp-funds.com/spsk/ |
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 SP Funds Dow Jones Global Sukuk ETF $57 0.55% |
Expenses Paid, Amount | $ 57 |
Expense Ratio, Percent | 0.55% |
Factors Affecting Performance [Text Block] | How did the Fund perform last year and what affected its performance? The Fund returned 5.87% for the fiscal year ended November 30, 2024, as compared to 4.64% for the Bloomberg Global Aggregate Bond Index. The Fund invests in U.S. dollar-denominated and U.S.-listed Sukuk issues which are Sharia-compliant as included in the Dow Jones Sukuk Total Return Index (ex-Reinvestment) (the “Index”). The markets were significantly influenced by the combination of persistent inflation, credit spread widening, and emerging market spread widening alongside falling interest rates throughout 2024. What Factors Influenced Performance? The Fund's strong exposure to the A- and above-rated Sukuks positively impacted the Fund's performance during the year. Although being underweight in higher duration bonds, negatively impacted the Fund's performance during the same time period. Top Contributors: • KSA Sukuk 4.511% 22-May 2033 • KSA Sukuk 4.274%, 22-May 2029 • KSA Sukuk 5.628%, 25-Oct 2028 Top Detractors: • Perusahaan Penerbit SBSN Indonesia III 4.55% 29-MAR-2026 • STC Sukuk Company Limited 3.89% 13-MAY-2029 • STC Sukuk Company Limited 3.89% 13-MAY-2029 |
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 SP Funds Dow Jones Global Sukuk ETF - $10,149 Dow Jones Sukuk Total Return Index (ex-Reinvestment) - $11,024 Bloomberg Global Aggregate Bond Index - $9,274 12/27/2019 10000 10000 10000 12/31/2019 9992 9985 10020 1/31/2020 10041 10124 10147 2/29/2020 10084 10202 10216 3/31/2020 9504 9661 9987 4/30/2020 9763 9934 10183 5/31/2020 9938 10190 10228 6/30/2020 10041 10309 10318 7/31/2020 10206 10522 10647 8/31/2020 10246 10576 10631 9/30/2020 10236 10571 10593 10/31/2020 10256 10606 10603 11/30/2020 10348 10712 10796 12/31/2020 10401 10776 10941 1/31/2021 10394 10784 10845 2/28/2021 10304 10713 10658 3/31/2021 10242 10663 10453 4/30/2021 10309 10747 10585 5/31/2021 10322 10802 10684 6/30/2021 10348 10849 10590 7/31/2021 10353 10882 10731 8/31/2021 10376 10906 10686 9/30/2021 10326 10877 10497 10/31/2021 10273 10854 10471 11/30/2021 10273 10844 10441 12/31/2021 10285 10891 10426 1/31/2022 10123 10715 10212 2/28/2022 10003 10601 10091 3/31/2022 9856 10446 9784 4/30/2022 9620 10202 9248 5/31/2022 9613 10199 9273 6/30/2022 9490 10076 8975 7/31/2022 9621 10234 9166 8/31/2022 9605 10208 8804 9/30/2022 9259 9842 8352 10/31/2022 9137 9724 8295 11/30/2022 9356 9967 8685 12/31/2022 9415 10040 8732 1/31/2023 9547 10201 9019 2/28/2023 9441 10103 8719 3/31/2023 9555 10233 8994 4/30/2023 9633 10336 9034 5/31/2023 9585 10293 8858 6/30/2023 9536 10244 8857 7/31/2023 9550 10267 8918 8/31/2023 9522 10242 8796 9/30/2023 9423 10136 8539 10/31/2023 9344 10044 8437 11/30/2023 9586 10331 8863 12/31/2023 9826 10596 9231 1/31/2024 9777 10555 9104 2/29/2024 9743 10525 8989 3/31/2024 9808 10599 9039 4/30/2024 9679 10465 8811 5/31/2024 9774 10579 8926 6/30/2024 9847 10664 8939 7/31/2024 9971 10801 9186 8/31/2024 10161 11018 9403 9/30/2024 10265 11152 9563 10/31/2024 10118 10988 9242 11/30/2024 10149 11024 9274 |
Average Annual Return [Table Text Block] | Annual Performance Annualized Returns for the Periods Ended November 30, 2024 1 Year Since Inception ( 12/27/2019 SP Funds Dow Jones Global Sukuk ETF 5.87% 0.30% Dow Jones Sukuk Total Return Index (ex-Reinvestment) 6.71% 2.00% Bloomberg Global Aggregate Bond Index 4.64% -1.52% |
Performance Inception Date | Dec. 27, 2019 |
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. |
Updated Performance Information Location [Text Block] | Visit www.sp-funds.com/spsk/ for more recent performance information. |
Net Assets | $ 264,296,000 |
Holdings Count | Holdings | 127 |
Advisory Fees Paid, Amount | $ 1,129,963 |
Investment Company, Portfolio Turnover | 15% |
Additional Fund Statistics [Text Block] | Key Fund Statistics (as of November 30, 2024 ) Fund Size (Thousands) $264,296 Number of Holdings 127 Total Advisory Fee Paid $1,129,963 Annual Portfolio Turnover 15% |
Holdings [Text Block] | What did the Fund invest in? (as of November 30, 2024 ) Sector Breakdown (% of net assets) Sector % Government 0.501 Financial 0.294 Utilities 0.074 Energy 0.06 Consumer, Non-cyclical 0.036 Communications 0.016 Basic Materials 0.006 Cash & Cash Equivalents 0.013 Percentages are based on total net assets. Cash & Cash Equivalents represents cash and other assets in excess of liabilities. |
Largest Holdings [Text Block] | Top Ten Holdings (% of net assets) KSA Sukuk Ltd. 17.6 Perusahaan Penerbit SBSN Indonesia III 13.7 Isdb Trust Services NO 2 SARL 9.7 Suci Second Investment Co. 5.3 Sharjah Sukuk Program Ltd. 5.1 DIB Sukuk Ltd. 4.3 SA Global Sukuk Ltd. 4.3 Saudi Electricity Sukuk Programme Co. 3.6 D.P. World Crescent Ltd. 3.0 Fab Sukuk Co. Ltd. 1.9 |
Material Fund Change [Text Block] | How has the Fund changed? This is a summary of certain changes to the Fund. For more complete information, you may review the Fund’s prospectus, as supplemented. Effective December 1, 2023, the Fund reduced its management fee from 0.59% to 0.55%. Effective December 16, 2024, the Fund further reduced its management fee from 0.55% to 0.50%. |
Material Fund Change Expenses [Text Block] | Effective December 1, 2023, the Fund reduced its management fee from 0.59% to 0.55%. Effective December 16, 2024, the Fund further reduced its management fee from 0.55% to 0.50%. |
Accountant Change Statement [Text Block] | Changes in and Disagreements with Accountants There were no changes in or disagreements with accountants. |
SP Funds S&P 500 Sharia Industry Exclusions ETF | |
Shareholder Report [Line Items] | |
Fund Name | SP Funds S&P 500 Sharia Industry Exclusions ETF |
Class Name | SP Funds S&P 500 Sharia Industry Exclusions ETF |
Trading Symbol | SPUS |
Security Exchange Name | NYSEArca |
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.sp-funds.com/spus/ (425) 409-9500 |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period. |
Additional Information Phone Number | (425) 409-9500 |
Additional Information Website | www.sp-funds.com/spus/ |
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 SP Funds S&P 500 Sharia Industry Exclusions ETF $52 0.45% |
Expenses Paid, Amount | $ 52 |
Expense Ratio, Percent | 0.45% |
Factors Affecting Performance [Text Block] | How did the Fund perform last year and what affected its performance? The Fund returned 31.77% for the fiscal year ended November 30, 2024, as compared to 33.89% for the S&P 500® Total Return Index (the “S&P 500®”). The Fund invests in U.S.-listed companies which are Sharia-compliant as included in the S&P 500 Sharia Industry Exclusions Index (the “Index”). The markets were significantly influenced by the combination of persistent inflation alongside falling interest rates throughout 2024. What Factors Influenced Performance? Active positioning and greater exposure to the Technology, Communication Services, and Consumer Discretionary sectors added to the performance of the Fund during the fiscal year, while being underweight in the Financial sector negatively impacted the Fund. The Fund was also underweight in Real Estate, Utilities and Energy which had a positive contribution to the Fund. Top Contributors: • NVIDIA Corp • Broadcom • Meta • Amazon Top Detractors: • Adobe • Johnson and Johnson • UPS |
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 SP Funds S&P 500 Sharia Industry Exclusions ETF - $22,641 S&P 500 Shariah Industry Exclusions Index - $22,412 S&P 500® Total Return Index - $20,437 12/17/2019 10000 10000 10000 12/31/2019 10148 10149 10126 1/31/2020 10192 10163 10122 2/29/2020 9414 9411 9288 3/31/2020 8520 8474 8141 4/30/2020 9681 9638 9185 5/31/2020 10228 10182 9622 6/30/2020 10522 10475 9814 7/31/2020 11175 11123 10367 8/31/2020 12147 12085 11112 9/30/2020 11608 11574 10690 10/31/2020 11255 11239 10406 11/30/2020 12258 12293 11545 12/31/2020 12753 12753 11989 1/31/2021 12777 12767 11868 2/28/2021 12797 12834 12195 3/31/2021 13268 13352 12729 4/30/2021 13984 14066 13408 5/31/2021 13987 14090 13502 6/30/2021 14637 14743 13817 7/31/2021 15236 15340 14145 8/31/2021 15798 15898 14575 9/30/2021 14898 15009 13898 10/31/2021 16278 16337 14871 11/30/2021 16597 16637 14768 12/31/2021 17241 17215 15430 1/31/2022 16078 15988 14632 2/28/2022 15381 15346 14193 3/31/2022 16038 16026 14720 4/30/2022 14561 14455 13437 5/31/2022 14478 14334 13461 6/30/2022 13305 13148 12350 7/31/2022 14660 14597 13489 8/31/2022 13888 13833 12939 9/30/2022 12604 12562 11747 10/31/2022 13413 13307 12698 11/30/2022 14244 14070 13408 12/31/2022 13334 13128 12636 1/31/2023 14178 14031 13429 2/28/2023 14007 13778 13102 3/31/2023 15069 14773 13583 4/30/2023 15318 14982 13795 5/31/2023 15778 15420 13855 6/30/2023 16828 16445 14770 7/31/2023 17304 16938 15245 8/31/2023 17074 16743 15002 9/30/2023 16150 15847 14287 10/31/2023 15687 15457 13986 11/30/2023 17182 16918 15264 12/31/2023 17898 17679 15957 1/31/2024 18246 17976 16225 2/29/2024 19376 19158 17092 3/31/2024 19874 19669 17642 4/30/2024 19095 18833 16921 5/31/2024 20128 19895 17760 6/30/2024 21255 20972 18397 7/31/2024 21092 20889 18621 8/31/2024 21450 21231 19073 9/30/2024 21975 21735 19480 10/31/2024 21631 21384 19304 11/30/2024 22641 22412 20437 |
Average Annual Return [Table Text Block] | Annual Performance Annualized Returns for the Periods Ended November 30, 2024 1 Year Since Inception ( 12/17/2019 SP Funds S&P 500 Sharia Industry Exclusions ETF 31.77% 17.92% S&P 500 Shariah Industry Exclusions Index 32.48% 17.68% S&P 500® Total Return Index 33.89% 15.51% |
Performance Inception Date | Dec. 17, 2019 |
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. |
Updated Performance Information Location [Text Block] | Visit www.sp-funds.com/spus/ for more recent performance information. |
Net Assets | $ 927,704,000 |
Holdings Count | Holdings | 226 |
Advisory Fees Paid, Amount | $ 2,668,431 |
Investment Company, Portfolio Turnover | 18% |
Additional Fund Statistics [Text Block] | Key Fund Statistics (as of November 30, 2024 ) Fund Size (Thousands) $927,704 Number of Holdings 226 Total Advisory Fee Paid $2,668,431 Annual Portfolio Turnover 18% |
Holdings [Text Block] | What did the Fund invest in? (as of November 30, 2024 ) Sector Breakdown (% of net assets) Sector % Technology 0.43799999999999994 Communications 0.18899999999999997 Consumer, Non-cyclical 0.157 Consumer, Cyclical 0.078 Industrial 0.07 Energy 0.032 Basic Materials 0.022 Financial 0.01 Utilities 0.003 Cash & Cash Equivalents 0.001 Percentages are based on total net assets. Cash & Cash Equivalents represents cash and other assets in excess of liabilities. |
Largest Holdings [Text Block] | Top Ten Holdings (% of net assets) Apple, Inc. 11.3 NVIDIA Corp. 10.7 Microsoft Corp. 9.9 Amazon.com, Inc. 6.1 Meta Platforms, Inc. - Class A 3.9 Alphabet, Inc. - Class A 3.1 Tesla, Inc. 3.0 Alphabet, Inc. - Class C 2.6 Broadcom, Inc. 2.4 Eli Lilly & Co. 2.0 |
Material Fund Change [Text Block] | How has the Fund changed? This is a summary of certain changes to the Fund. For more complete information, you may review the Fund’s prospectus, as supplemented. Effective December 1, 2023, the Fund reduced its management fee from 0.49% to 0.45%. |
Material Fund Change Expenses [Text Block] | Effective December 1, 2023, the Fund reduced its management fee from 0.49% to 0.45%. |
Accountant Change Statement [Text Block] | Changes in and Disagreements with Accountants There were no changes in or disagreements with accountants. |
SP Funds S&P Global REIT Sharia ETF | |
Shareholder Report [Line Items] | |
Fund Name | SP Funds S&P Global REIT Sharia ETF |
Class Name | SP Funds S&P Global REIT Sharia ETF |
Trading Symbol | SPRE |
Security Exchange Name | NYSEArca |
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.sp-funds.com/spre/ (425) 409-9500 |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during and after the reporting period. |
Additional Information Phone Number | (425) 409-9500 |
Additional Information Website | www.sp-funds.com/spre/ |
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 SP Funds S&P Global REIT Sharia ETF $61 0.55% |
Expenses Paid, Amount | $ 61 |
Expense Ratio, Percent | 0.55% |
Factors Affecting Performance [Text Block] | How did the Fund perform last year and what affected its performance? The Fund returned 20.65% for the fiscal year ended November 30, 2024, as compared to 21.26% for the S&P Global All Equity REIT Shariah Capped Index (the “Index”), and 33.89% for the S&P 500® Total Return Index. The Fund invests in global Real Estate Investment Trust (“REIT”) issues which are Sharia-compliant as included in the Index. REITs ended the year up 3.38% after falling 8.2% in the fourth quarter of 2024. Two key factors were responsible for that decline: uncertainty around interest rates and the strong negative correlation between the 10-year U.S. Treasury and the FTSE Nareit All Equity REIT Index. Since the end of the third quarter of 2024, the 10-year Treasury yield has moved materially higher and REIT total returns retreated. What Factors Influenced Performance? The Fund's strong exposure to the Data Center REITs and Health Care REITs which were the best performing property sectors, contributed positively to the Fund's performance in fiscal year 2024. Being underweight to both Specialty REITs and Office REITs contributed negatively to the Fund's performance for the fiscal year 2024. Top Contributors: • Goodman Group • AvalonBay Communities Inc • Equinix Inc Top Detractors: • Prologis Inc • Rexford Industrial Realty Inc • Weyerhaeuser Co |
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 SP Funds S&P Global REIT Sharia ETF - $12,485 S&P Global All Equity REIT Shariah Capped Index - $12,806 S&P 500® Total Return Index - $17,183 12/29/2020 10000 10000 10000 12/31/2020 10125 10125 10080 1/31/2021 10054 10062 9978 2/28/2021 9990 9996 10253 3/31/2021 10549 10562 10702 4/30/2021 11378 11394 11273 5/31/2021 11539 11568 11352 6/30/2021 11929 11967 11617 7/31/2021 12518 12561 11893 8/31/2021 12885 12954 12255 9/30/2021 12065 12138 11685 10/31/2021 13135 13223 12503 11/30/2021 13198 13293 12417 12/31/2021 14496 14611 12973 1/31/2022 13283 13403 12302 2/28/2022 12651 12775 11934 3/31/2022 13519 13663 12377 4/30/2022 13143 13295 11297 5/31/2022 12151 12302 11318 6/30/2022 11290 11443 10384 7/31/2022 12251 12432 11341 8/31/2022 11523 11705 10879 9/30/2022 10030 10193 9877 10/31/2022 10213 10368 10677 11/30/2022 10770 10934 11273 12/31/2022 10284 10449 10624 1/31/2023 11356 11543 11291 2/28/2023 10767 10948 11016 3/31/2023 10761 10952 11420 4/30/2023 10663 10863 11598 5/31/2023 10337 10535 11649 6/30/2023 10799 11010 12418 7/31/2023 10857 11069 12817 8/31/2023 10529 10740 12613 9/30/2023 9785 9981 12012 10/31/2023 9248 9440 11759 11/30/2023 10348 10561 12833 12/31/2023 11286 11524 13416 1/31/2024 10824 11073 13642 2/29/2024 11217 11474 14370 3/31/2024 11496 11759 14833 4/30/2024 10383 10633 14227 5/31/2024 10893 11139 14932 6/30/2024 11156 11419 15468 7/31/2024 11762 12046 15656 8/31/2024 12300 12591 16036 9/30/2024 12737 13043 16379 10/31/2024 11993 12300 16230 11/30/2024 12485 12806 17183 |
Average Annual Return [Table Text Block] | Annual Performance Annualized Returns for the Periods Ended November 30, 2024 1 Year Since Inception ( 12/29/2020 SP Funds S&P Global REIT Sharia ETF 20.65% 5.82% S&P Global All Equity REIT Shariah Capped Index 21.26% 6.51% S&P 500® Total Return Index 33.89% 14.81% |
Performance Inception Date | Dec. 29, 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. |
Updated Performance Information Location [Text Block] | Visit www.sp-funds.com/spre/ for more recent performance information. |
Net Assets | $ 158,729,000 |
Holdings Count | Holdings | 35 |
Advisory Fees Paid, Amount | $ 636,885 |
Investment Company, Portfolio Turnover | 46% |
Additional Fund Statistics [Text Block] | Key Fund Statistics (as of November 30, 2024 ) Fund Size (Thousands) $158,729 Number of Holdings 35 Total Advisory Fee Paid $636,885 Annual Portfolio Turnover 46% |
Holdings [Text Block] | What did the Fund invest in? (as of November 30, 2024 ) Sector Breakdown (% of net assets) Sector % Financials 0.998 Cash & Cash Equivalents 0.002 Percentages are based on total net assets. Cash & Cash Equivalents represents cash and other assets in excess of liabilities. |
Largest Holdings [Text Block] | Top Ten Holdings (% of net assets) Equinix, Inc. 12.9 Goodman Group 12.2 Prologis, Inc. 12.0 AvalonBay Communities, Inc. 10.9 Weyerhaeuser Co. 4.9 Camden Property Trust 4.9 Mid-America Apartment Communities, Inc. 4.9 Equity Residential 4.9 Equity LifeStyle Properties, Inc. 4.7 CubeSmart 4.7 |
Material Fund Change [Text Block] | How has the Fund changed? This is a summary of certain changes to the Fund. For more complete information, you may review the Fund’s prospectus, as supplemented. Effective December 1, 2023, the Fund reduced its management fee from 0.59% to 0.55%. Effective December 16, 2024, the Fund further reduced its management fee from 0.55% to 0.50%. |
Material Fund Change Expenses [Text Block] | Effective December 1, 2023, the Fund reduced its management fee from 0.59% to 0.55%. Effective December 16, 2024, the Fund further reduced its management fee from 0.55% to 0.50%. |
Accountant Change Statement [Text Block] | Changes in and Disagreements with Accountants There were no changes in or disagreements with accountants. |