Shareholder Report | 12 Months Ended |
Jun. 30, 2024 USD ($) Holding |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Quaker Investment Trust |
Entity Central Index Key | 0000870355 |
Entity Investment Company Type | N-1A |
Document Period End Date | Jun. 30, 2024 |
C000226008 | |
Shareholder Report [Line Items] | |
Fund Name | CCM Affordable Housing MBS ETF |
Trading Symbol | OWNS |
Security Exchange Name | NYSEArca |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about CCM Affordable Housing MBS ETF (the "Fund") for the period from July 1, 2023 to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | Annual Shareholder Report |
Additional Information Phone Number | 888-272-0007 |
Expenses [Text Block] | What were the Fund costs for the last 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 CCM Affordable Housing MBS ETF $30 0.30% |
Expenses Paid, Amount | $ 30 |
Expense Ratio, Percent | 0.30% |
Factors Affecting Performance [Text Block] | How did the Fund perform in the last year? During the fiscal year ended June 30, 2024, the CCM Affordable Housing ETF (OWNS) returned 1.62% on a NAV basis. The ETF’s benchmark, The Bloomberg U.S. Mortgage Backed Securities Index (USD) returned 2.12%. Real gross domestic product growth in the U.S. during the ETF’s fiscal year ended June 30, 2024, was above the Federal Open Market Committee’s long run expectations. Inflation levels in the U.S. were above the Federal Reserve’s 2% target during the fiscal year. Compared to the prior year, interest rates at the long end of the curve were higher while interest rates at the front end of the curve were relatively unchanged. The ETF had an underweight to lower coupon mortgages during the fiscal year, leading to an overall duration that was shorter than its benchmark. This yield curve positioning contributed positively to performance given the move in interest rates. The portfolio management team employs an active management strategy, meaning that the portfolio management team makes specific investment decisions with the goal of outperforming the Fund’s benchmark. The ETF was overweight higher coupons which outperformed during the fiscal year and underweight lower coupons which underperformed. The ETF’s overweight to 30-year mortgage-backed securities and relative underweight to 15 and 20-year mortgage-backed securities negatively impacted its relative performance versus its benchmark. |
Performance Past Does Not Indicate Future [Text] | Past performance is not indicative of future performance. |
Line Graph [Table Text Block] | CCM Affordable Housing MBS ETF - $9098 Bloomberg U.S. Aggregate Bond Index (USD)* - $9047 Bloomberg U.S. Mortgage Backed Securities Index (USD) - $9108 Jul/21 $10000 $10000 $10000 Jun/22 $9078 $8898 $9057 Jun/23 $8953 $8815 $8919 Jun/24 $9098 $9047 $9108 |
Average Annual Return [Table Text Block] | Fund/Index Name 1 Year Annualized Since Inception CCM Affordable Housing MBS ETF 1.62% - Bloomberg U.S. Aggregate Bond Index (USD)* 2.63% - Bloomberg U.S. Mortgage Backed Securities Index (USD) 2.12% - |
AssetsNet | $ 117,435,781 |
Holdings Count | Holding | 206 |
Advisory Fees Paid, Amount | $ 39,625 |
InvestmentCompanyPortfolioTurnover | 58% |
Additional Fund Statistics [Text Block] | Key Fund Statistics as of June 30, 2024 Total Net Assets Number of Portfolio Holdings Total Advisory Fees Paid Portfolio Turnover Rate $117,435,781 206 $39,625 58% |
Holdings [Text Block] | Sector Weightings Footnote Reference Value Value Short-Term Investment 0.8% Mortgage-Backed Securities 99.1% Footnote Description Footnote Percentages are calculated based on total net assets. |
Largest Holdings [Text Block] | Top Ten Holdings Holding Name Coupon Rate Maturity Date Percentage of Total Net Assets FHLMC 3.000% 08/01/52 6.9% FNMA 2.500% 12/01/51 5.0% FNMA 2.000% 09/01/51 3.4% FNMA 4.500% 09/01/53 2.4% FNMA 3.500% 05/01/52 2.1% FNMA 2.500% 08/01/51 2.1% FNMA 5.000% 12/01/53 2.0% FNMA 2.000% 02/01/52 2.0% FNMA 5.000% 11/01/53 1.8% FNMA 4.000% 09/01/53 1.7% |
Material Fund Change [Text Block] | Material Fund Changes Effective as of close of business on March 18, 2024, the Impact Shares Affordable Housing MBS ETF was reorganized into the CCM Affordable Housing MBS ETF. This is a summary of certain changes to the Fund since June 30, 2024. For more complete information, you may review the Fund's next prospectus, which we expect to be available by September 28 at https://funddocs.filepoint.com/ccmowns/ |
Updated Prospectus Phone Number | 888-272-0007 |