Shareholder Report | 10 Months Ended | 12 Months Ended | 120 Months Ended |
Jul. 31, 2024 USD ($) Holding | Jul. 31, 2024 USD ($) Holding | Jul. 31, 2024 USD ($) Holding |
Shareholder Report [Line Items] | | | |
Document Type | | N-CSR | |
Amendment Flag | | false | |
Registrant Name | | Elevation Series Trust | |
Entity Central Index Key | | 0001936157 | |
Entity Investment Company Type | | N-1A | |
Document Period End Date | | Jul. 31, 2024 | |
C000244753 | | | |
Shareholder Report [Line Items] | | | |
Fund Name | Sovereign's Capital Flourish Fund | | |
Trading Symbol | SOVF | | |
Security Exchange Name | NYSE | | |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Sovereign's Capital Flourish Fund - for the period of September 29, 2023 (commencement of operations) to July 31, 2024. | | |
Shareholder Report Annual or Semi-Annual | annual shareholder report | | |
Additional Information [Text Block] | Please contact us at +1 (800) 465-1403 or info sovereignscapital.com | | |
Additional Information Phone Number | +1 (800) 465-1403 | | |
Additional Information Email | info@sovereignscapital.com</span>" id="sjs-B19"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 9.33333px; font-weight: 400; grid-area: auto; line-height: 14px; margin: 0px; overflow: visible; text-align: left;">info@sovereignscapital.com</span> | | |
Additional Information Website | https://www.scetfs.com/sovf | | |
Expenses [Text Block] | WHAT WERE THE FUND'S COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment) FUND NAME COSTS OF A $10,000 INVESTMENT Footnote Reference COSTS PAID AS A PERCENTAGE OF A $10,000 INVESTMENT Sovereign's Capital Flourish Fund $70 0.75% Footnote Description Footnote 1 The costs paid by the Fund reflect the period of September 29, 2023 (commencement of operations) to July 31, 2024. Such costs would be higher for a full year. | | |
Expenses Paid, Amount | $ 70 | | |
Expense Ratio, Percent | 0.75% | | |
Expenses Short Period Footnote [Text Block] | The costs paid by the Fund reflect the period of September 29, 2023 (commencement of operations) to July 31, 2024. Such costs would be higher for a full year. | | |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM THE PAST YEAR? In the ten months since its 9/29/2023 launch through 07/31/2024, the Flourish Fund’s (SOVF) total return was 23.94%, exceeding the S&P 1500 Equal Weight Index by 55 basis points. From a sector attribution standpoint, stock selection within the Consumer Staples, Healthcare and Information Technology sectors was the largest tailwind to relative performance during the period. This was partially offset by underperformance in the Industrials, Financials and Consumer Discretionary sectors. While we are generally encouraged with the relative performance for the Fund, we recognize that the performance period and the time since Fund inception is still too short to draw any conclusions about the Fund’s strategy. Longer term, we believe the Fund’s process of identifying, evaluating and investing in companies with strong cultures led by faith-driven CEOs, as determined by our proprietary process, collectively provides a foundation for outperformance versus the broader market. Finally, after over a decade of significant outperformance from large-caps in the domestic stock market, that part of the market has led to a swelling in price-to-earnings valuation for the cap-weighted indices, including the S&P 500 Index and Russell 3000 Index. We believe the Sovereign's Flourish Fund, which is benchmarked against the S&P 1500 Equal Weight Index, offers investors exposure to small- and mid-cap equities that possess attractive valuations while also offering stronger growth prospects versus large caps. On May 29th in Chicago, we hosted 6 public company CEOs from the ETF portfolio in-person for six hours to talk about culture. We spent the majority of our time hearing about the best cultural practices from each CEO. In total, the CEOs in attendance accounted for 250,000 team members between their six companies. Thus far, as a direct outcome of the meeting, two public company CEOs are planning to adopt chaplaincy for their 222,000 employees, providing spiritual and mental health counseling (at work). When crisis inevitably arrives among their team members, we believe chaplains will provide invaluable counseling. Employees will be cared for, and we believe this will contribute to the long-term success of the companies for all stakeholders. This is what impact looks like in public equities. This is what is possible. | | |
Performance Past Does Not Indicate Future [Text] | Past performance does not guarantee future results. Call +1 (800) 465-1403 or visit https://www.scetfs.com/sovf for current month-end performance.</p>" id="sjs-B26">
<p style="box-sizing: border-box; color: rgb(0, 0, 0); display: block; flex-wrap: nowrap; font-size: 9.33333px; font-weight: 400; grid-area: auto; line-height: 14px; margin: 0px; overflow: visible; text-align: center;">Past performance does not guarantee future results. Call +1 (800) 465-1403 or visit https://www.scetfs.com/sovf for current month-end performance.</p> | | |
Line Graph [Table Text Block] | Sovereign's Capital Flourish Fund S&P Composite 1500 Equal Weight Total Return Index '23 10,000 10,000 '24 12,394 12,339 | | |
Average Annual Return [Table Text Block] | AVERAGE ANNUAL TOTAL RETURNS . Since Inception (September 29, 2023) Sovereign's Capital Flourish Fund 23.94% S&P Composite 1500 Equal Weight Total Return Index 23.39% Past performance does not guarantee future results. Call +1 (800) 465-1403 or visit https://www.scetfs.com/sovf for current month-end performance. | | |
Performance Inception Date | | | Sep. 29, 2023 |
No Deduction of Taxes [Text Block] | | | |
Performance Table Market Index Changed [Text Block] | | | |
Material Change Description [Text Block] | | | |
Updated Performance Information Location [Text Block] | | | |
AssetsNet | $ 58,497,226 | $ 58,497,226 | $ 58,497,226 |
Holdings Count | Holding | 81 | 81 | 81 |
Advisory Fees Paid, Amount | $ 204,531 | | |
InvestmentCompanyPortfolioTurnover | 41% | | |
Additional Fund Statistics [Text Block] | FUND STATISTICS Total Net Assets $58,497,226 # of Portfolio Holdings 81 Portfolio Turnover Rate 41% Total Advisory Fees Paid $204,531 | | |
Holdings [Text Block] | INDUSTRY (Expressed as % of Total Investments) Value Value Money Market 0.43% Banking 0.56% Water Utilities 1.01% Utilities 1.03% Materials 1.24% Media 1.79% Retail & Wholesale - Staples 2.64% Financial Services 4.07% Real Estate 4.28% Oil & Gas 4.33% Industrial Products 5.03% Consumer Discretionary Products 6.27% Consumer Staple Products 7.27% Tech Hardware & Semiconductors 8.15% Industrial Services 9.73% Health Care 10.04% Insurance 11.80% Software & Tech Services 20.33% | | |
Material Fund Change [Text Block] | | | |