v2.4.0.6
STATEMENTS OF FINANCIAL CONDITION (USD $)
Mar. 31, 2013
Dec. 31, 2012
ProShares UltraShort DJ-UBS Commodity [Member]
    
Assets    
Cash $ 341,101 $ 296,119
Short-term U.S. government and agency obligations 3,062,812 2,803,904
Unrealized appreciation on swap agreements   148,502
Total assets 3,403,913 3,248,525
Liabilities    
Management fee payable 4,997 2,560
Unrealized depreciation on swap agreements 92,919  
Total liabilities 97,916 2,560
Shareholders' equity    
Shareholders' equity 3,305,997 3,245,965
Total liabilities and shareholders' equity 3,403,913 3,248,525
Shares outstanding 59,997 59,997
Net asset value per share $ 55.10 $ 54.10
Market value per share (Note 2) $ 51.14 [1] $ 51.64 [1]
ProShares UltraShort DJ-UBS Crude Oil [Member]
    
Assets    
Cash 1,101,493 658,676
Segregated cash balances with brokers for futures contracts 7,563,600 4,401,374
Short-term U.S. government and agency obligations 145,473,612 87,046,389
Receivable from capital shares sold   4,031,477
Total assets 154,138,705 96,137,916
Liabilities    
Payable on open futures contracts 1,350,973 979,336
Management fee payable 246,684 70,254
Unrealized depreciation on swap agreements 11,368,414 5,607,060
Total liabilities 12,966,071 6,656,650
Shareholders' equity    
Shareholders' equity 141,172,634 89,481,266
Total liabilities and shareholders' equity 154,138,705 96,137,916
Shares outstanding 3,869,944 2,219,944
Net asset value per share $ 36.48 $ 40.31
Market value per share (Note 2) $ 36.62 [1] $ 40.44 [1]
ProShares UltraShort DJ-UBS Natural Gas [Member]
    
Assets    
Cash 656,010 310,060
Segregated cash balances with brokers for futures contracts 2,887,500 1,795,030
Short-term U.S. government and agency obligations 21,193,216 10,042,731
Receivable on open futures contracts 442,358 632,777
Total assets 25,179,084 12,780,598
Liabilities    
Management fee payable 26,065 12,258
Total liabilities 26,065 12,258
Shareholders' equity    
Shareholders' equity 25,153,019 12,768,340
Total liabilities and shareholders' equity 25,179,084 12,780,598
Shares outstanding 1,400,030 500,030
Net asset value per share $ 17.97 $ 25.54
Market value per share (Note 2) $ 18.06 [1] $ 25.41 [1]
ProShares UltraShort Gold [Member]
    
Assets    
Cash 218,590 175,194
Segregated cash balances with brokers for futures contracts 11,880 14,850
Short-term U.S. government and agency obligations 108,157,077 88,575,398
Unrealized appreciation on forward agreements   3,729,856
Receivable on open futures contracts 2,300  
Total assets 108,389,847 92,495,298
Liabilities    
Payable on open futures contracts   3,980
Management fee payable 153,130 74,576
Unrealized depreciation on forward agreements 3,246,282  
Total liabilities 3,399,412 78,556
Shareholders' equity    
Shareholders' equity 104,990,435 92,416,742
Total liabilities and shareholders' equity 108,389,847 92,495,298
Shares outstanding 1,546,978 1,446,978
Net asset value per share $ 67.87 $ 63.87
Market value per share (Note 2) $ 68.01 [1] $ 62.60 [1]
ProShares UltraShort Silver [Member]
    
Assets    
Cash 427,956 344,378
Segregated cash balances with brokers for futures contracts 20,900 24,200
Short-term U.S. government and agency obligations 105,347,243 86,206,701
Unrealized appreciation on forward agreements 266,601 19,307,685
Receivable on open futures contracts 2,890  
Total assets 106,065,590 105,882,964
Liabilities    
Payable for capital shares redeemed   5,138,116
Payable on open futures contracts   2,520
Management fee payable 175,149 85,625
Unrealized depreciation on forward agreements 11,313  
Total liabilities 186,462 5,226,261
Shareholders' equity    
Shareholders' equity 105,879,128 100,656,703
Total liabilities and shareholders' equity 106,065,590 105,882,964
Shares outstanding 1,958,489 1,958,489
Net asset value per share $ 54.06 $ 51.40
Market value per share (Note 2) $ 55.02 [1] $ 50.07 [1]
ProShares Short Euro [Member]
    
Assets    
Cash 472,209 [2] 302,359 [2]
Segregated cash balances with brokers for futures contracts 59,400 63,250
Short-term U.S. government and agency obligations 3,371,965 3,409,904
Receivable on open futures contracts   6,612
Offering costs (Note 5) 9,660 19,770
Limitation by Sponsor 3,452 2,145
Total assets 3,916,686 3,804,040
Liabilities    
Payable on open futures contracts 12,300  
Payable for offering costs 41,000 41,000
Total liabilities 53,300 41,000
Shareholders' equity    
Shareholders' equity 3,863,386 3,763,040
Total liabilities and shareholders' equity 3,916,686 3,804,040
Shares outstanding 100,005 100,005
Net asset value per share $ 38.63 $ 37.63
Market value per share (Note 2) $ 38.65 [1] $ 37.64 [1]
ProShares UltraShort Australian Dollar [Member]
    
Assets    
Cash 246,180 [3] 361,157 [3]
Segregated cash balances with brokers for futures contracts 117,150 144,540
Short-term U.S. government and agency obligations 3,329,970 3,302,907
Receivable on open futures contracts 21,300  
Offering costs (Note 5) 12,019 22,129
Limitation by Sponsor 3,557 2,216
Total assets 3,730,176 3,832,949
Liabilities    
Payable on open futures contracts   10,950
Payable for offering costs 41,000 41,000
Total liabilities 41,000 51,950
Shareholders' equity    
Shareholders' equity 3,689,176 3,780,999
Total liabilities and shareholders' equity 3,730,176 3,832,949
Shares outstanding 100,005 100,005
Net asset value per share $ 36.89 $ 37.81
Market value per share (Note 2) $ 36.41 [1] $ 37.74 [1]
ProShares UltraShort Euro [Member]
    
Assets    
Cash 252,413 276,372
Short-term U.S. government and agency obligations 507,190,542 553,430,562
Unrealized appreciation on foreign currency forward contracts 15,104,660 251,047
Total assets 522,547,615 553,957,981
Liabilities    
Payable for capital shares redeemed 4,002,914 13,282,209
Management fee payable 757,239 499,127
Unrealized depreciation on foreign currency forward contracts 1,439,211 13,398,619
Total liabilities 6,199,364 27,179,955
Shareholders' equity    
Shareholders' equity 516,348,251 526,778,026
Total liabilities and shareholders' equity 522,547,615 553,957,981
Shares outstanding 25,800,014 27,700,014
Net asset value per share $ 20.01 $ 19.02
Market value per share (Note 2) $ 20.00 [1] $ 19.01 [1]
ProShares UltraShort Yen [Member]
    
Assets    
Cash 469,454 363,826
Short-term U.S. government and agency obligations 463,617,695 362,743,231
Unrealized appreciation on foreign currency forward contracts 2,732,626 38,346,817
Receivable from capital shares sold 5,901,371 7,613,633
Total assets 472,721,146 409,067,507
Liabilities    
Management fee payable 680,320 271,235
Unrealized depreciation on foreign currency forward contracts   232,642
Total liabilities 680,320 503,877
Shareholders' equity    
Shareholders' equity 472,040,826 408,563,630
Total liabilities and shareholders' equity 472,721,146 409,067,507
Shares outstanding 7,999,294 8,049,294
Net asset value per share $ 59.01 $ 50.76
Market value per share (Note 2) $ 59.00 [1] $ 50.77 [1]
ProShares Ultra DJ-UBS Commodity [Member]
    
Assets    
Cash 1,264,042 167,546
Short-term U.S. government and agency obligations 3,350,652 6,240,951
Unrealized appreciation on swap agreements 115,047  
Total assets 4,729,741 6,408,497
Liabilities    
Management fee payable 7,410 5,018
Unrealized depreciation on swap agreements   306,268
Total liabilities 7,410 311,286
Shareholders' equity    
Shareholders' equity 4,722,331 6,097,211
Total liabilities and shareholders' equity 4,729,741 6,408,497
Shares outstanding 200,014 250,014
Net asset value per share $ 23.61 $ 24.39
Market value per share (Note 2) $ 23.92 [1] $ 23.93 [1]
ProShares Ultra DJ-UBS Crude Oil [Member]
    
Assets    
Cash 1,529,232 2,198,932
Segregated cash balances with brokers for futures contracts 13,909,500 23,356,627
Short-term U.S. government and agency obligations 304,000,111 437,662,650
Unrealized appreciation on swap agreements 25,193,571 33,333,620
Receivable on open futures contracts 2,386,303 3,430,415
Total assets 347,018,717 499,982,244
Liabilities    
Payable for capital shares redeemed 20,352,086 16,071,243
Management fee payable 499,299 402,037
Total liabilities 20,851,385 16,473,280
Shareholders' equity    
Shareholders' equity 326,167,332 483,508,964
Total liabilities and shareholders' equity 347,018,717 499,982,244
Shares outstanding 10,299,170 16,449,170
Net asset value per share $ 31.67 $ 29.39
Market value per share (Note 2) $ 31.56 [1] $ 29.32 [1]
ProShares Ultra DJ-UBS Natural Gas [Member]
    
Assets    
Cash 2,829,011 3,385,764
Segregated cash balances with brokers for futures contracts 5,885,880 10,264,090
Short-term U.S. government and agency obligations 53,702,179 64,313,224
Total assets 62,417,070 77,963,078
Liabilities    
Payable for capital shares redeemed 10,216,786  
Payable on open futures contracts 834,689 4,891,783
Management fee payable 111,505 51,925
Total liabilities 11,162,980 4,943,708
Shareholders' equity    
Shareholders' equity 51,254,090 73,019,370
Total liabilities and shareholders' equity 62,417,070 77,963,078
Shares outstanding 1,019,941 1,869,941
Net asset value per share $ 50.25 $ 39.05
Market value per share (Note 2) $ 49.95 [1] $ 39.24 [1]
ProShares Ultra Gold [Member]
    
Assets    
Cash 336,228 342,345
Segregated cash balances with brokers for futures contracts 11,880 14,850
Short-term U.S. government and agency obligations 307,384,042 350,624,904
Unrealized appreciation on forward agreements 9,222,440  
Receivable on open futures contracts   3,980
Total assets 316,954,590 350,986,079
Liabilities    
Payable on open futures contracts 2,300  
Management fee payable 489,309 279,269
Unrealized depreciation on forward agreements   15,652,058
Total liabilities 491,609 15,931,327
Shareholders' equity    
Shareholders' equity 316,462,981 335,054,752
Total liabilities and shareholders' equity 316,954,590 350,986,079
Shares outstanding 4,100,014 4,000,014
Net asset value per share $ 77.19 $ 83.76
Market value per share (Note 2) $ 77.01 [1] $ 85.34 [1]
ProShares Ultra Silver [Member]
    
Assets    
Cash 755,432 890,051
Segregated cash balances with brokers for futures contracts 20,900 24,200
Short-term U.S. government and agency obligations 754,961,358 891,057,386
Receivable from capital shares sold   2,148,957
Receivable on open futures contracts   2,520
Total assets 755,737,690 894,123,114
Liabilities    
Payable on open futures contracts 2,890  
Management fee payable 1,143,315 657,008
Unrealized depreciation on forward agreements 8,106,718 145,740,706
Total liabilities 9,252,923 146,397,714
Shareholders' equity    
Shareholders' equity 746,484,767 747,725,400
Total liabilities and shareholders' equity 755,737,690 894,123,114
Shares outstanding 19,400,028 17,400,028
Net asset value per share $ 38.48 $ 42.97
Market value per share (Note 2) $ 37.75 [1] $ 44.10 [1]
ProShares Ultra Australian Dollar [Member]
    
Assets    
Cash 455,071 [3] 426,634 [3]
Segregated cash balances with brokers for futures contracts 133,650 158,400
Short-term U.S. government and agency obligations 3,676,902 3,570,894
Receivable on open futures contracts   12,000
Offering costs (Note 5) 12,019 22,128
Limitation by Sponsor 1,346 1,012
Total assets 4,278,988 4,191,068
Liabilities    
Payable on open futures contracts 22,982  
Payable for offering costs 41,000 41,000
Total liabilities 63,982 41,000
Shareholders' equity    
Shareholders' equity 4,215,006 4,150,068
Total liabilities and shareholders' equity 4,278,988 4,191,068
Shares outstanding 100,005 100,005
Net asset value per share $ 42.15 $ 41.50
Market value per share (Note 2) $ 42.55 [1] $ 41.45 [1]
ProShares Ultra Euro [Member]
    
Assets    
Cash 235,561 240,086
Short-term U.S. government and agency obligations 4,478,920 4,546,944
Unrealized appreciation on foreign currency forward contracts 3,138 89,473
Total assets 4,717,619 4,876,503
Liabilities    
Management fee payable 7,418 3,873
Unrealized depreciation on foreign currency forward contracts 137,134 2,314
Total liabilities 144,552 6,187
Shareholders' equity    
Shareholders' equity 4,573,067 4,870,316
Total liabilities and shareholders' equity 4,717,619 4,876,503
Shares outstanding 200,014 200,014
Net asset value per share $ 22.86 $ 24.35
Market value per share (Note 2) $ 22.92 [1] $ 24.32 [1]
ProShares Ultra Yen [Member]
    
Assets    
Cash 109,102 138,033
Short-term U.S. government and agency obligations 3,534,934 4,587,918
Unrealized appreciation on foreign currency forward contracts   13,523
Total assets 3,644,036 4,739,474
Liabilities    
Management fee payable 7,071 3,660
Unrealized depreciation on foreign currency forward contracts 70,562 507,819
Total liabilities 77,633 511,479
Shareholders' equity    
Shareholders' equity 3,566,403 4,227,995
Total liabilities and shareholders' equity 3,644,036 4,739,474
Shares outstanding 150,014 150,014
Net asset value per share $ 23.77 $ 28.18
Market value per share (Note 2) $ 23.69 [1] $ 28.28 [1]
ProShares VIX Short-Term Futures ETF [Member]
    
Assets    
Cash 3,253,058 2,989,958
Segregated cash balances with brokers for futures contracts 67,081,496 34,109,998
Short-term U.S. government and agency obligations 152,936,809 144,060,921
Receivable from capital shares sold   2,518,068
Total assets 223,271,363 183,678,945
Liabilities    
Payable for capital shares redeemed 2,163,532 14,374,851
Payable on open futures contracts 2,471,348 31,540,181
Management fee payable 249,004 106,449
Total liabilities 4,883,884 46,021,481
Shareholders' equity    
Shareholders' equity 218,387,479 137,657,464
Total liabilities and shareholders' equity 223,271,363 183,678,945
Shares outstanding 20,175,005 8,200,005
Net asset value per share $ 10.82 $ 16.79
Market value per share (Note 2) $ 10.90 [1] $ 17.01 [1]
ProShares VIX Mid-Term Futures ETF [Member]
    
Assets    
Cash 1,287,189 2,063,715
Segregated cash balances with brokers for futures contracts 16,951,501 7,830,000
Short-term U.S. government and agency obligations 49,702,438 79,930,866
Receivable on open futures contracts 211,350  
Total assets 68,152,478 89,824,581
Liabilities    
Payable for capital shares redeemed   50,571,549
Payable on open futures contracts   1,890,675
Management fee payable 80,028 59,365
Total liabilities 80,028 52,521,589
Shareholders' equity    
Shareholders' equity 68,072,450 37,302,992
Total liabilities and shareholders' equity 68,152,478 89,824,581
Shares outstanding 2,575,005 1,075,005
Net asset value per share $ 26.44 $ 34.70
Market value per share (Note 2) $ 26.43 [1] $ 34.22 [1]
ProShares Ultra VIX Short-Term Futures ETF [Member]
    
Assets    
Cash 2,471,674 1,790,825
Segregated cash balances with brokers for futures contracts 211,090,492 38,727,007
Short-term U.S. government and agency obligations 118,784,756 97,440,843
Unrealized appreciation on swap agreements   301,351
Receivable from capital shares sold 17,412,905 18,127,289
Total assets 349,759,827 156,387,315
Liabilities    
Payable for capital shares redeemed   35,907,787
Payable on open futures contracts 4,961,933 35,666,735
Management fee payable 401,498 96,661
Total liabilities 5,363,431 71,671,183
Shareholders' equity    
Shareholders' equity 344,396,396 84,716,132
Total liabilities and shareholders' equity 349,759,827 156,387,315
Shares outstanding 45,458,081 4,208,081
Net asset value per share $ 7.58 $ 20.13
Market value per share (Note 2) $ 7.69 [1] $ 20.90 [1]
ProShares Short VIX Short-Term Futures ETF [Member]
    
Assets    
Cash 1,856,066 2,236,726
Segregated cash balances with brokers for futures contracts 21,073,502 20,731,497
Short-term U.S. government and agency obligations 45,830,843 53,686,352
Receivable from capital shares sold   13,232,678
Receivable on open futures contracts 472,022 5,524,721
Total assets 69,232,433 95,411,974
Liabilities    
Payable for capital shares redeemed   12,699,384
Management fee payable 82,626 48,957
Total liabilities 82,626 12,748,341
Shareholders' equity    
Shareholders' equity 69,149,807 82,663,633
Total liabilities and shareholders' equity 69,232,433 95,411,974
Shares outstanding 750,020 1,250,020
Net asset value per share $ 92.20 $ 66.13
Market value per share (Note 2) $ 91.08 [1] $ 65.45 [1]
ProShares Trust II [Member]
    
Assets    
Cash 20,567,072 19,959,356
Segregated cash balances with brokers for futures contracts 346,819,231 141,659,913
Short-term U.S. government and agency obligations 3,163,088,076 3,335,285,580
Unrealized appreciation on swap agreements 25,308,618 33,783,473
Unrealized appreciation on forward agreements 9,489,041 23,037,541
Unrealized appreciation on foreign currency forward contracts 17,840,424 38,700,860
Receivable from capital shares sold 23,314,276 47,672,102
Receivable on open futures contracts 3,538,523 9,613,025
Offering costs (Note 5) 33,698 257,927
Limitation by Sponsor 8,355 5,373
Total assets 3,610,007,314 3,649,975,150
Liabilities    
Payable for capital shares redeemed 36,735,318 148,045,139
Payable on open futures contracts 9,659,415 74,986,160
Management fee payable 5,122,067 2,729,857
Payable for offering costs 123,000 316,900
Unrealized depreciation on swap agreements 11,461,333 5,913,328
Unrealized depreciation on forward agreements 11,364,313 161,392,764
Unrealized depreciation on foreign currency forward contracts 1,646,907 14,141,394
Total liabilities 76,112,353 407,525,542
Shareholders' equity    
Shareholders' equity 3,533,894,961 3,242,449,608
Total liabilities and shareholders' equity $ 3,610,007,314 $ 3,649,975,150
Shares outstanding 147,262,067 97,287,082
[1] Market values are determined at the close of the New York Stock Exchange, which may be later than when the Funds' net asset value is calculated.
[2] Since the Fund commenced investment operations on June 26, 2012, the Statement of Cash Flows for the three months ended March 31, 2012 has not been provided.
[3] Since the Fund commenced investment operations on July 17, 2012, the Statement of Cash Flows for the three months ended March 31, 2012 has not been provided.