v3.8.0.1

Financial Highlights | 9 Months Ended
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Sep. 30, 2017
Quarterly Financial Information Disclosure [Abstract] |
Financial Highlights | NOTE 7 – FINANCIAL HIGHLIGHTS Selected data for a Share outstanding throughout the three months ended September 30, 2017: For the Three Months Ended September 30, 2017 (unaudited)
Per Share Operating Performance |  | VIX Short-Term Futures ETF* |  |  | VIX Mid-Term Futures ETF |  |  | Short VIX Short-Term Futures ETF* |  |  | Ultra VIX Short-Term Futures ETF* |  |  | UltraShort Bloomberg Crude Oil |  |  | UltraPro 3X Short Crude Oil ETF |
Net asset value, at June 30, 2017 |  | $ | 42.69 |  |  | $ | 27.46 |  |  | $ | 80.11 |  |  | $ | 39.32 |  |  | $ | 43.43 |  |  | $ | 26.46 |
Net investment income (loss) |  |  | (0.01 | ) |  |  | (0.01 | ) |  |  | (0.13 | ) |  |  | (0.09 | ) |  |  | 0.00 | (1) |  |  | (0.07 | )
Net realized and unrealized gain (loss)# |  |  | (10.11 | ) |  |  | (2.25 | ) |  |  | 13.70 |  |  |  | (18.59 | ) |  |  | (9.83 | ) |  |  | (8.87 | )
Change in net asset value from operations |  |  | (10.12 | ) |  |  | (2.26 | ) |  |  | 13.57 |  |  |  | (18.68 | ) |  |  | (9.83 | ) |  |  | (8.94 | )
Net asset value, at September 30, 2017 |  | $ | 32.57 |  |  | $ | 25.20 |  |  | $ | 93.68 |  |  | $ | 20.64 |  |  | $ | 33.60 |  |  | $ | 17.52 |
Market value per share, at June 30, 2017† |  | $ | 42.52 |  |  | $ | 27.43 |  |  | $ | 80.64 |  |  | $ | 38.96 |  |  | $ | 43.21 |  |  | $ | 26.24 |
Market value per share, at September 30, 2017† |  | $ | 32.53 |  |  | $ | 25.17 |  |  | $ | 93.75 |  |  | $ | 20.60 |  |  | $ | 33.73 |  |  | $ | 17.63 |
Total Return, at net asset value^ |  |  | (23.7 | )% |  |  | (8.2 | )% |  |  | 16.9 | % |  |  | (47.5 | )% |  |  | (22.6 | )% |  |  | (33.8 | )%
Total Return, at market value^ |  |  | (23.5 | )% |  |  | (8.2 | )% |  |  | 16.3 | % |  |  | (47.1 | )% |  |  | (21.9 | )% |  |  | (32.8 | )%
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 0.98 | % |  |  | 0.92 | % |  |  | 1.50 | % |  |  | 2.00 | % |  |  | 0.99 | % |  |  | 1.31 | %
Expense ratio, excluding brokerage commissions |  |  | 0.85 | % |  |  | 0.85 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.14 | )% |  |  | (0.17 | )% |  |  | (0.66 | )% |  |  | (1.21 | )% |  |  | (0.03 | )% |  |  | (1.31 | )%
* | See Note 1 of these Notes to Financial Statements.
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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.
^ | Percentages are not annualized for the period ended September 30, 2017.
** | Percentages are annualized.
(1) | Amount represents less than $0.005.
For the Three Months Ended September 30, 2017 (unaudited)
Per Share Operating Performance |  | UltraShort Bloomberg Natural Gas |  |  | UltraShort Gold |  |  | UltraShort Silver |  |  | Short Euro |  |  | UltraShort Australian Dollar |  |  | UltraShort Euro |
Net asset value, at June 30, 2017 |  | $ | 33.16 |  |  | $ | 76.30 |  |  | $ | 34.75 |  |  | $ | 41.74 |  |  | $ | 47.90 |  |  | $ | 23.12 |
Net investment income (loss) |  |  | (0.06 | ) |  |  | (0.00 | )(2) |  |  | (0.00 | )(2) |  |  | (0.01 | ) |  |  | (0.01 | ) |  |  | 0.00 | (1)
Net realized and unrealized gain (loss)# |  |  | 0.77 |  |  |  | (5.02 | ) |  |  | (2.76 | ) |  |  | (1.26 | ) |  |  | (2.26 | ) |  |  | (1.43 | )
Change in net asset value from operations |  |  | 0.71 |  |  |  | (5.02 | ) |  |  | (2.76 | ) |  |  | (1.27 | ) |  |  | (2.27 | ) |  |  | (1.43 | )
Net asset value, at September 30, 2017 |  | $ | 33.87 |  |  | $ | 71.28 |  |  | $ | 31.99 |  |  | $ | 40.47 |  |  | $ | 45.63 |  |  | $ | 21.69 |
Market value per share, at June 30, 2017† |  | $ | 33.33 |  |  | $ | 76.37 |  |  | $ | 34.09 |  |  | $ | 41.71 |  |  | $ | 47.80 |  |  | $ | 23.12 |
Market value per share, at September 30, 2017† |  | $ | 33.64 |  |  | $ | 71.55 |  |  | $ | 32.78 |  |  | $ | 40.56 |  |  | $ | 45.85 |  |  | $ | 21.68 |
Total Return, at net asset value^ |  |  | 2.1 | % |  |  | (6.6 | )% |  |  | (7.9 | )% |  |  | (3.0 | )% |  |  | (4.7 | )% |  |  | (6.2 | )%
Total Return, at market value^ |  |  | 0.9 | % |  |  | (6.3 | )% |  |  | (3.8 | )% |  |  | (2.8 | )% |  |  | (4.1 | )% |  |  | (6.2 | )%
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 1.34 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.96 | % |  |  | 1.01 | % |  |  | 0.95 | %
Expense ratio, excluding brokerage commissions |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.73 | )% |  |  | (0.01 | )% |  |  | (0.05 | )% |  |  | (0.14 | )% |  |  | (0.13 | )% |  |  | 0.04 | %
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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.
^ | Percentages are not annualized for the period ended September 30, 2017.
** | Percentages are annualized.
(1) | Amount represents less than $0.005.
(2) | Amount represents less than $(0.005).
For the Three Months Ended September 30, 2017 (unaudited)
Per Share Operating Performance |  | UltraShort Yen |  |  | Ultra Bloomberg Crude Oil |  |  | UltraPro 3X Crude Oil ETF |  |  | Ultra Bloomberg Natural Gas |  |  | Ultra Gold |  |  | Ultra Silver |
Net asset value, at June 30, 2017 |  | $ | 74.07 |  |  | $ | 14.80 |  |  | $ | 19.52 |  |  | $ | 9.77 |  |  | $ | 37.75 |  |  | $ | 33.23 |
Net investment income (loss) |  |  | 0.01 |  |  |  | (0.00 | )(2) |  |  | (0.07 | ) |  |  | (0.01 | ) |  |  | 0.00 | (1) |  |  | 0.00 | (1)
Net realized and unrealized gain (loss)# |  |  | 0.18 |  |  |  | 3.10 |  |  |  | 5.82 |  |  |  | (1.02 | ) |  |  | 2.07 |  |  |  | 0.79 |
Change in net asset value from operations |  |  | 0.19 |  |  |  | 3.10 |  |  |  | 5.75 |  |  |  | (1.03 | ) |  |  | 2.07 |  |  |  | 0.79 |
Net asset value, at September 30, 2017 |  | $ | 74.26 |  |  | $ | 17.90 |  |  | $ | 25.27 |  |  | $ | 8.74 |  |  | $ | 39.82 |  |  | $ | 34.02 |
Market value per share, at June 30, 2017† |  | $ | 74.05 |  |  | $ | 14.86 |  |  | $ | 19.68 |  |  | $ | 9.74 |  |  | $ | 37.68 |  |  | $ | 33.82 |
Market value per share, at September 30, 2017† |  | $ | 74.21 |  |  | $ | 17.82 |  |  | $ | 25.09 |  |  | $ | 8.80 |  |  | $ | 39.60 |  |  | $ | 33.15 |
Total Return, at net asset value^ |  |  | 0.3 | % |  |  | 20.9 | % |  |  | 29.5 | % |  |  | (10.5 | )% |  |  | 5.5 | % |  |  | 2.4 | %
Total Return, at market value^ |  |  | 0.2 | % |  |  | 19.9 | % |  |  | 27.5 | % |  |  | (9.7 | )% |  |  | 5.1 | % |  |  | (2.0 | )%
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 0.95 | % |  |  | 0.97 | % |  |  | 1.24 | % |  |  | 1.16 | % |  |  | 0.95 | % |  |  | 0.95 | %
Expense ratio, excluding brokerage commissions |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | 0.03 | % |  |  | (0.01 | )% |  |  | (1.24 | )% |  |  | (0.37 | )% |  |  | 0.03 | % |  |  | 0.00 | %(3)
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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.
^ | Percentages are not annualized for the period ended September 30, 2017.
** | Percentages are annualized.
(1) | Amount represents less than $0.005.
(2) | Amount represents less than $(0.005).
(3) | Amount represents less than 0.005%.
For the Three Months Ended September 30, 2017 (unaudited)
Per Share Operating Performance |  | Ultra Euro |  |  | Ultra Yen |
Net asset value, at June 30, 2017 |  | $ | 16.16 |  |  | $ | 58.68 |
Net investment income (loss) |  |  | (0.00 | )(2) |  |  | (0.04 | )
Net realized and unrealized gain (loss)# |  |  | 0.97 |  |  |  | (0.57 | )
Change in net asset value from operations |  |  | 0.97 |  |  |  | (0.61 | )
Net asset value, at September 30, 2017 |  | $ | 17.13 |  |  | $ | 58.07 |
Market value per share, at June 30, 2017† |  | $ | 16.17 |  |  | $ | 58.68 |
Market value per share, at September 30, 2017† |  | $ | 17.10 |  |  | $ | 58.17 |
Total Return, at net asset value^ |  |  | 6.0 | % |  |  | (1.0 | )%
Total Return, at market value^ |  |  | 5.8 | % |  |  | (0.9 | )%
Ratios to Average Net Assets** |  |  |  |  |  |  |  |
Expense ratio |  |  | 0.95 | % |  |  | 0.95 | %
Expense ratio, excluding brokerage commissions |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.04 | )% |  |  | (0.28 | )%
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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.
^ | Percentages are not annualized for the period ended September 30, 2017.
** | Percentages are annualized.
(2) | Amount represents less than $(0.005).
Selected data for a Share outstanding throughout the three months ended September 30, 2016: For the Three Months Ended September 30, 2016 (unaudited)
Per Share Operating Performance |  | VIX Short-Term Futures ETF* |  |  | VIX Mid-Term Futures ETF |  |  | Short VIX Short-Term Futures ETF* |  |  | Ultra VIX Short-Term Futures ETF* |  |  | UltraShort Bloomberg Crude Oil* |  |  | UltraShort Bloomberg Natural Gas |
Net asset value, at June 30, 2016 |  | $ | 180.57 |  |  | $ | 51.98 |  |  | $ | 24.92 |  |  | $ | 912.60 |  |  | $ | 40.97 |  |  | $ | 34.09 |
Net investment income (loss) |  |  | (0.24 | ) |  |  | (0.09 | ) |  |  | (0.09 | ) |  |  | (1.64 | ) |  |  | (0.09 | ) |  |  | (0.13 | )
Net realized and unrealized gain (loss)# |  |  | (66.20 | ) |  |  | (6.14 | ) |  |  | 11.49 |  |  |  | (572.92 | ) |  |  | (0.88 | ) |  |  | 2.36 |
Change in net asset value from operations |  |  | (66.44 | ) |  |  | (6.23 | ) |  |  | 11.40 |  |  |  | (574.56 | ) |  |  | (0.97 | ) |  |  | 2.23 |
Net asset value, at September 30, 2016 |  | $ | 114.13 |  |  | $ | 45.75 |  |  | $ | 36.32 |  |  | $ | 338.04 |  |  | $ | 40.00 |  |  | $ | 36.32 |
Market value per share, at June 30, 2016† |  | $ | 183.20 |  |  | $ | 52.53 |  |  | $ | 24.53 |  |  | $ | 943.00 |  |  | $ | 40.81 |  |  | $ | 34.06 |
Market value per share, at September 30, 2016† |  | $ | 113.32 |  |  | $ | 45.69 |  |  | $ | 36.61 |  |  | $ | 333.00 |  |  | $ | 40.45 |  |  | $ | 36.14 |
Total Return, at net asset value^ |  |  | (36.8 | )% |  |  | (12.0 | )% |  |  | 45.7 | % |  |  | (63.0 | )% |  |  | (2.4 | )% |  |  | 6.5 | %
Total Return, at market value^ |  |  | (38.1 | )% |  |  | (13.0 | )% |  |  | 49.2 | % |  |  | (64.7 | )% |  |  | (0.9 | )% |  |  | 6.1 | %
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 0.99 | % |  |  | 0.94 | % |  |  | 1.42 | % |  |  | 1.59 | % |  |  | 1.01 | % |  |  | 1.58 | %
Expense ratio, excluding brokerage commissions |  |  | 0.85 | % |  |  | 0.85 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.73 | )% |  |  | (0.70 | )% |  |  | (1.17 | )% |  |  | (1.36 | )% |  |  | (0.75 | )% |  |  | (1.40 | )%
* | See Note 1 of these Notes to Financial Statements.
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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.
^ | Percentages are not annualized for the period ended September 30, 2016.
** | Percentages are annualized.
For the Three Months Ended September 30, 2016 (unaudited)
Per Share Operating Performance |  | UltraShort Gold |  |  | UltraShort Silver |  |  | Short Euro |  |  | UltraShort Australian Dollar |  |  | UltraShort Euro |  |  | UltraShort Yen |
Net asset value, at June 30, 2016 |  | $ | 70.31 |  |  | $ | 33.16 |  |  | $ | 42.81 |  |  | $ | 53.47 |  |  | $ | 24.32 |  |  | $ | 63.53 |
Net investment income (loss) |  |  | (0.12 | ) |  |  | (0.05 | ) |  |  | (0.08 | ) |  |  | (0.10 | ) |  |  | (0.04 | ) |  |  | (0.11 | )
Net realized and unrealized gain (loss)# |  |  | (0.58 | ) |  |  | (5.17 | ) |  |  | (0.51 | ) |  |  | (3.69 | ) |  |  | (0.50 | ) |  |  | (2.74 | )
Change in net asset value from operations |  |  | (0.70 | ) |  |  | (5.22 | ) |  |  | (0.59 | ) |  |  | (3.79 | ) |  |  | (0.54 | ) |  |  | (2.85 | )
Net asset value, at September 30, 2016 |  | $ | 69.61 |  |  | $ | 27.94 |  |  | $ | 42.22 |  |  | $ | 49.68 |  |  | $ | 23.78 |  |  | $ | 60.68 |
Market value per share, at June 30, 2016† |  | $ | 70.00 |  |  | $ | 31.65 |  |  | $ | 42.81 |  |  | $ | 53.47 |  |  | $ | 24.32 |  |  | $ | 63.53 |
Market value per share, at September 30, 2016† |  | $ | 70.19 |  |  | $ | 28.41 |  |  | $ | 42.22 |  |  | $ | 49.67 |  |  | $ | 23.76 |  |  | $ | 60.64 |
Total Return, at net asset value^ |  |  | (1.0 | )% |  |  | (15.8 | )% |  |  | (1.4 | )% |  |  | (7.1 | )% |  |  | (2.2 | )% |  |  | (4.5 | )%
Total Return, at market value^ |  |  | 0.3 | % |  |  | (10.2 | )% |  |  | (1.4 | )% |  |  | (7.1 | )% |  |  | (2.3 | )% |  |  | (4.5 | )%
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.96 | % |  |  | 1.02 | % |  |  | 0.95 | % |  |  | 0.95 | %
Expense ratio, excluding brokerage commissions |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.69 | )% |  |  | (0.70 | )% |  |  | (0.75 | )% |  |  | (0.75 | )% |  |  | (0.69 | )% |  |  | (0.69 | )%
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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.
^ | Percentages are not annualized for the period ended September 30, 2016.
** | Percentages are annualized.
For the Three Months Ended September 30, 2016 (unaudited)
Per Share Operating Performance |  | Ultra Bloomberg Crude Oil* |  |  | Ultra Bloomberg Natural Gas |  |  | Ultra Gold |  |  | Ultra Silver |  |  | Ultra Euro |  |  | Ultra Yen |
Net asset value, at June 30, 2016 |  | $ | 24.33 |  |  | $ | 17.75 |  |  | $ | 44.80 |  |  | $ | 45.53 |  |  | $ | 15.89 |  |  | $ | 72.67 |
Net investment income (loss) |  |  | (0.04 | ) |  |  | (0.04 | ) |  |  | (0.08 | ) |  |  | (0.09 | ) |  |  | (0.03 | ) |  |  | (0.13 | )
Net realized and unrealized gain (loss)# |  |  | (3.27 | ) |  |  | (3.23 | ) |  |  | (0.30 | ) |  |  | 3.56 |  |  |  | 0.27 |  |  |  | 1.92 |
Change in net asset value from operations |  |  | (3.31 | ) |  |  | (3.27 | ) |  |  | (0.38 | ) |  |  | 3.47 |  |  |  | 0.24 |  |  |  | 1.79 |
Net asset value, at September 30, 2016 |  | $ | 21.02 |  |  | $ | 14.48 |  |  | $ | 44.42 |  |  | $ | 49.00 |  |  | $ | 16.13 |  |  | $ | 74.46 |
Market value per share, at June 30, 2016† |  | $ | 24.44 |  |  | $ | 17.65 |  |  | $ | 45.03 |  |  | $ | 47.67 |  |  | $ | 15.86 |  |  | $ | 72.71 |
Market value per share, at September 30, 2016† |  | $ | 20.76 |  |  | $ | 14.58 |  |  | $ | 44.01 |  |  | $ | 48.11 |  |  | $ | 16.12 |  |  | $ | 74.48 |
Total Return, at net asset value^ |  |  | (13.6 | )% |  |  | (18.4 | )% |  |  | (0.8 | )% |  |  | 7.6 | % |  |  | 1.5 | % |  |  | 2.5 | %
Total Return, at market value^ |  |  | (15.1 | )% |  |  | (17.4 | )% |  |  | (2.3 | )% |  |  | 0.9 | % |  |  | 1.6 | % |  |  | 2.4 | %
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 1.00 | % |  |  | 1.23 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Expense ratio, excluding brokerage commissions |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.75 | )% |  |  | (1.03 | )% |  |  | (0.67 | )% |  |  | (0.68 | )% |  |  | (0.69 | )% |  |  | (0.70 | )%
* | See Note 1 of these Notes to Financial Statements.
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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.
^ | Percentages are not annualized for the period ended September 30, 2016.
** | Percentages are annualized.
Selected data for a Share outstanding throughout the nine months ended September 30, 2017: For the Nine Months Ended September 30, 2017 (unaudited)
Per Share Operating Performance |  | VIX Short-Term Futures ETF* |  |  | VIX Mid-Term Futures ETF |  |  | Short VIX Short-Term Futures ETF* |  |  | Ultra VIX Short-Term Futures ETF* |  |  | UltraShort Bloomberg Crude Oil |  |  | UltraPro 3X Short Crude Oil ETF+ |
Net asset value, at December 31, 2016 |  | $ | 84.86 |  |  | $ | 42.14 |  |  | $ | 45.62 |  |  | $ | 173.93 |  |  | $ | 31.70 |  |  | $ | 25.00 |
Net investment income (loss) |  |  | (0.11 | ) |  |  | (0.07 | ) |  |  | (0.45 | ) |  |  | (0.43 | ) |  |  | (0.08 | ) |  |  | (0.16 | )
Net realized and unrealized gain (loss)# |  |  | (52.18 | ) |  |  | (16.87 | ) |  |  | 48.51 |  |  |  | (152.86 | ) |  |  | 1.98 |  |  |  | (7.32 | )
Change in net asset value from operations |  |  | (52.29 | ) |  |  | (16.94 | ) |  |  | 48.06 |  |  |  | (153.29 | ) |  |  | 1.90 |  |  |  | (7.48 | )
Net asset value, at September 30, 2017 |  | $ | 32.57 |  |  | $ | 25.20 |  |  | $ | 93.68 |  |  | $ | 20.64 |  |  | $ | 33.60 |  |  | $ | 17.52 |
Market value per share, at December 31, 2016† |  | $ | 85.04 |  |  | $ | 42.34 |  |  | $ | 45.49 |  |  | $ | 175.00 |  |  | $ | 31.65 |  |  | $ | 25.00 |
Market value per share, at September 30, 2017† |  | $ | 32.53 |  |  | $ | 25.17 |  |  | $ | 93.75 |  |  | $ | 20.60 |  |  | $ | 33.73 |  |  | $ | 17.63 |
Total Return, at net asset value^ |  |  | (61.6 | )% |  |  | (40.2 | )% |  |  | 105.3 | % |  |  | (88.1 | )% |  |  | 6.0 | % |  |  | (29.9 | )%
Total Return, at market value^ |  |  | (61.7 | )% |  |  | (40.6 | )% |  |  | 106.1 | % |  |  | (88.2 | )% |  |  | 6.6 | % |  |  | (29.5 | )%
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 0.97 | % |  |  | 0.89 | % |  |  | 1.52 | % |  |  | 1.88 | % |  |  | 0.99 | % |  |  | 1.34 | %
Expense ratio, excluding brokerage commissions |  |  | 0.85 | % |  |  | 0.85 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.30 | )% |  |  | (0.30 | )% |  |  | (0.80 | )% |  |  | (1.28 | )% |  |  | (0.29 | )% |  |  | (1.34 | )%
* | See Note 1 of these Notes to Financial Statements.
+ | From commencement of operations, March 24, 2017 through September 30, 2017.
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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. For ProShares UltraPro 3x Short Crude Oil ETF, the returns of shares outstanding for the period from commencement of operations through September 30, 2017 are calculated based on the initial offering price upon commencement of operations of $25.00.
^ | Percentages are not annualized for the period ended September 30, 2017.
** | Percentages are annualized.
For the Nine Months Ended September 30, 2017 (unaudited)
Per Share Operating Performance |  | UltraShort Bloomberg Natural Gas |  |  | UltraShort Gold |  |  | UltraShort Silver |  |  | Short Euro |  |  | UltraShort Australian Dollar |  |  | UltraShort Euro |
Net asset value, at December 31, 2016 |  | $ | 23.10 |  |  | $ | 91.33 |  |  | $ | 37.31 |  |  | $ | 45.06 |  |  | $ | 55.38 |  |  | $ | 27.08 |
Net investment income (loss) |  |  | (0.20 | ) |  |  | (0.13 | ) |  |  | (0.06 | ) |  |  | (0.12 | ) |  |  | (0.15 | ) |  |  | (0.04 | )
Net realized and unrealized gain (loss)# |  |  | 10.97 |  |  |  | (19.92 | ) |  |  | (5.26 | ) |  |  | (4.47 | ) |  |  | (9.60 | ) |  |  | (5.35 | )
Change in net asset value from operations |  |  | 10.77 |  |  |  | (20.05 | ) |  |  | (5.32 | ) |  |  | (4.59 | ) |  |  | (9.75 | ) |  |  | (5.39 | )
Net asset value, at September 30, 2017 |  | $ | 33.87 |  |  | $ | 71.28 |  |  | $ | 31.99 |  |  | $ | 40.47 |  |  | $ | 45.63 |  |  | $ | 21.69 |
Market value per share, at December 31, 2016† |  | $ | 23.05 |  |  | $ | 90.54 |  |  | $ | 38.76 |  |  | $ | 45.12 |  |  | $ | 55.24 |  |  | $ | 27.08 |
Market value per share, at September 30, 2017† |  | $ | 33.64 |  |  | $ | 71.55 |  |  | $ | 32.78 |  |  | $ | 40.56 |  |  | $ | 45.85 |  |  | $ | 21.68 |
Total Return, at net asset value^ |  |  | 46.6 | % |  |  | (22.0 | )% |  |  | (14.3 | )% |  |  | (10.2 | )% |  |  | (17.6 | )% |  |  | (19.9 | )%
Total Return, at market value^ |  |  | 45.9 | % |  |  | (21.0 | )% |  |  | (15.4 | )% |  |  | (10.1 | )% |  |  | (17.0 | )% |  |  | (19.9 | )%
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 1.32 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.96 | % |  |  | 1.01 | % |  |  | 0.95 | %
Expense ratio, excluding brokerage commissions |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.83 | )% |  |  | (0.23 | )% |  |  | (0.27 | )% |  |  | (0.37 | )% |  |  | (0.42 | )% |  |  | (0.23 | )%
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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.
^ | Percentages are not annualized for the period ended September 30, 2017.
** | Percentages are annualized.
For the Nine Months Ended September 30, 2017 (unaudited)
Per Share Operating Performance |  | UltraShort Yen |  |  | Ultra Bloomberg Crude Oil |  |  | UltraPro 3X Crude Oil ETF+ |  |  | Ultra Bloomberg Natural Gas |  |  | Ultra Gold |  |  | Ultra Silver |
Net asset value, at December 31, 2016 |  | $ | 80.24 |  |  | $ | 23.34 |  |  | $ | 25.00 |  |  | $ | 18.85 |  |  | $ | 32.90 |  |  | $ | 33.44 |
Net investment income (loss) |  |  | (0.14 | ) |  |  | (0.03 | ) |  |  | (0.14 | ) |  |  | (0.05 | ) |  |  | (0.06 | ) |  |  | (0.06 | )
Net realized and unrealized gain (loss)# |  |  | (5.84 | ) |  |  | (5.41 | ) |  |  | 0.41 |  |  |  | (10.06 | ) |  |  | 6.98 |  |  |  | 0.64 |
Change in net asset value from operations |  |  | (5.98 | ) |  |  | (5.44 | ) |  |  | 0.27 |  |  |  | (10.11 | ) |  |  | 6.92 |  |  |  | 0.58 |
Net asset value, at September 30, 2017 |  | $ | 74.26 |  |  | $ | 17.90 |  |  | $ | 25.27 |  |  | $ | 8.74 |  |  | $ | 39.82 |  |  | $ | 34.02 |
Market value per share, at December 31, 2016† |  | $ | 80.25 |  |  | $ | 23.36 |  |  | $ | 25.00 |  |  | $ | 18.96 |  |  | $ | 33.20 |  |  | $ | 32.09 |
Market value per share, at September 30, 2017† |  | $ | 74.21 |  |  | $ | 17.82 |  |  | $ | 25.09 |  |  | $ | 8.80 |  |  | $ | 39.60 |  |  | $ | 33.15 |
Total Return, at net asset value^ |  |  | (7.5 | )% |  |  | (23.3 | )% |  |  | 1.1 | % |  |  | (53.6 | )% |  |  | 21.0 | % |  |  | 1.7 | %
Total Return, at market value^ |  |  | (7.5 | )% |  |  | (23.7 | )% |  |  | 0.4 | % |  |  | (53.6 | )% |  |  | 19.3 | % |  |  | 3.3 | %
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 0.95 | % |  |  | 0.97 | % |  |  | 1.26 | % |  |  | 1.16 | % |  |  | 0.95 | % |  |  | 0.95 | %
Expense ratio, excluding brokerage commissions |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.26 | )% |  |  | (0.24 | )% |  |  | (1.26 | )% |  |  | (0.57 | )% |  |  | (0.22 | )% |  |  | (0.23 | )%
+ | From commencement of operations, March 24, 2017 through September 30, 2017.
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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. For ProShares UltraPro 3x Crude Oil ETF, the returns of shares outstanding for the period from commencement of operations through September 30, 2017 are calculated based on the initial offering price upon commencement of operations of $25.00.
^ | Percentages are not annualized for the period ended September 30, 2017.
The returns of shares outstanding for the period from commencement of operations through September 30, 2017 are calculated based on the initial offering price upon commencement of operations of $25.0000 for ProShares UltraPro 3X Crude Oil ETF.
** | Percentages are annualized.
For the Nine Months Ended September 30, 2017 (unaudited)
Per Share Operating Performance |  | Ultra Euro |  |  | Ultra Yen |
Net asset value, at December 31, 2016 |  | $ | 14.02 |  |  | $ | 55.43 |
Net investment income (loss) |  |  | (0.03 | ) |  |  | (0.21 | )
Net realized and unrealized gain (loss)# |  |  | 3.14 |  |  |  | 2.85 |
Change in net asset value from operations |  |  | 3.11 |  |  |  | 2.64 |
Net asset value, at September 30, 2017 |  | $ | 17.13 |  |  | $ | 58.07 |
Market value per share, at December 31, 2016† |  | $ | 14.09 |  |  | $ | 55.52 |
Market value per share, at September 30, 2017† |  | $ | 17.10 |  |  | $ | 58.17 |
Total Return, at net asset value^ |  |  | 22.2 | % |  |  | 4.8 | %
Total Return, at market value^ |  |  | 21.4 | % |  |  | 4.8 | %
Ratios to Average Net Assets** |  |  |  |  |  |  |  |
Expense ratio |  |  | 0.95 | % |  |  | 0.95 | %
Expense ratio, excluding brokerage commissions |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.26 | )% |  |  | (0.47 | )%
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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.
^ | Percentages are not annualized for the period ended September 30, 2017.
** | Percentages are annualized.
Selected data for a Share outstanding throughout the nine months ended September 30, 2016: For the Nine Months Ended September 30, 2016 (unaudited)
Per Share Operating Performance |  | VIX Short-Term Futures ETF* |  |  | VIX Mid-Term Futures ETF |  |  | Short VIX Short-Term Futures ETF* |  |  | Ultra VIX Short-Term Futures ETF* |  |  | UltraShort Bloomberg Crude Oil* |  |  | UltraShort Bloomberg Natural Gas |
Net asset value, at December 31, 2015 |  | $ | 264.84 |  |  | $ | 53.96 |  |  | $ | 25.41 |  |  | $ | 2,808.40 |  |  | $ | 66.60 |  |  | $ | 46.53 |
Net investment income (loss) |  |  | (1.03 | ) |  |  | (0.28 | ) |  |  | (0.21 | ) |  |  | (9.40 | ) |  |  | (0.31 | ) |  |  | (0.57 | )
Net realized and unrealized gain (loss)# |  |  | (149.68 | ) |  |  | (7.93 | ) |  |  | 11.12 |  |  |  | (2,460.96 | ) |  |  | (26.29 | ) |  |  | (9.64 | )
Change in net asset value from operations |  |  | (150.71 | ) |  |  | (8.21 | ) |  |  | 10.91 |  |  |  | (2,470.36 | ) |  |  | (26.60 | ) |  |  | (10.21 | )
Net asset value, at September 30, 2016 |  | $ | 114.13 |  |  | $ | 45.75 |  |  | $ | 36.32 |  |  | $ | 338.04 |  |  | $ | 40.00 |  |  | $ | 36.32 |
Market value per share, at December 31, 2015† |  | $ | 266.60 |  |  | $ | 53.99 |  |  | $ | 25.23 |  |  | $ | 2,835.00 |  |  | $ | 66.82 |  |  | $ | 46.55 |
Market value per share, at September 30, 2016† |  | $ | 113.32 |  |  | $ | 45.69 |  |  | $ | 36.61 |  |  | $ | 333.00 |  |  | $ | 40.45 |  |  | $ | 36.14 |
Total Return, at net asset value^ |  |  | (56.9 | )% |  |  | (15.2 | )% |  |  | 42.9 | % |  |  | (88.0 | )% |  |  | (39.9 | )% |  |  | (22.0 | )%
Total Return, at market value^ |  |  | (57.5 | )% |  |  | (15.4 | )% |  |  | 45.1 | % |  |  | (88.3 | )% |  |  | (39.5 | )% |  |  | (22.4 | )%
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 1.01 | % |  |  | 0.93 | % |  |  | 1.36 | % |  |  | 1.56 | % |  |  | 1.04 | % |  |  | 1.68 | %
Expense ratio, excluding brokerage commissions |  |  | 0.85 | % |  |  | 0.85 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.78 | )% |  |  | (0.71 | )% |  |  | (1.13 | )% |  |  | (1.33 | )% |  |  | (0.79 | )% |  |  | (1.46 | )%
* | See Note 1 of these Notes to Financial Statements
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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.
^ | Percentages are not annualized for the period ended September 30, 2016.
** | Percentages are annualized.
For the Nine Months Ended September 30, 2016 (unaudited)
Per Share Operating Performance |  | UltraShort Gold |  |  | UltraShort Silver |  |  | Short Euro |  |  | UltraShort Australian Dollar |  |  | UltraShort Euro |  |  | UltraShort Yen |
Net asset value, at December 31, 2015 |  | $ | 115.88 |  |  | $ | 64.58 |  |  | $ | 43.78 |  |  | $ | 58.46 |  |  | $ | 25.54 |  |  | $ | 87.94 |
Net investment income (loss) |  |  | (0.42 | ) |  |  | (0.21 | ) |  |  | (0.25 | ) |  |  | (0.33 | ) |  |  | (0.13 | ) |  |  | (0.38 | )
Net realized and unrealized gain (loss)# |  |  | (45.85 | ) |  |  | (36.43 | ) |  |  | (1.31 | ) |  |  | (8.45 | ) |  |  | (1.63 | ) |  |  | (26.88 | )
Change in net asset value from operations |  |  | (46.27 | ) |  |  | (36.64 | ) |  |  | (1.56 | ) |  |  | (8.78 | ) |  |  | (1.76 | ) |  |  | (27.26 | )
Net asset value, at September 30, 2016 |  | $ | 69.61 |  |  | $ | 27.94 |  |  | $ | 42.22 |  |  | $ | 49.68 |  |  | $ | 23.78 |  |  | $ | 60.68 |
Market value per share, at December 31, 2015† |  | $ | 115.83 |  |  | $ | 64.55 |  |  | $ | 43.74 |  |  | $ | 58.15 |  |  | $ | 25.53 |  |  | $ | 87.89 |
Market value per share, at September 30, 2016† |  | $ | 70.19 |  |  | $ | 28.41 |  |  | $ | 42.22 |  |  | $ | 49.67 |  |  | $ | 23.76 |  |  | $ | 60.64 |
Total Return, at net asset value^ |  |  | (39.9 | )% |  |  | (56.7 | )% |  |  | (3.6 | )% |  |  | (15.0 | )% |  |  | (6.9 | )% |  |  | (31.0 | )%
Total Return, at market value^ |  |  | (39.4 | )% |  |  | (56.0 | )% |  |  | (3.5 | )% |  |  | (14.6 | )% |  |  | (6.9 | )% |  |  | (31.0 | )%
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.97 | % |  |  | 1.03 | % |  |  | 0.95 | % |  |  | 0.95 | %
Expense ratio, excluding brokerage commissions |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.71 | )% |  |  | (0.71 | )% |  |  | (0.78 | )% |  |  | (0.80 | )% |  |  | (0.70 | )% |  |  | (0.74 | )%
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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.
^ | Percentages are not annualized for the period ended September 30, 2016.
** | Percentages are annualized.
For the Nine Months Ended September 30, 2016 (unaudited)
Per Share Operating Performance |  | Ultra Bloomberg Crude Oil* |  |  | Ultra Bloomberg Natural Gas |  |  | Ultra Gold |  |  | Ultra Silver |  |  | Ultra Euro |  |  | Ultra Yen |
Net asset value, at December 31, 2015 |  | $ | 25.15 |  |  | $ | 18.57 |  |  | $ | 29.73 |  |  | $ | 27.06 |  |  | $ | 15.51 |  |  | $ | 54.75 |
Net investment income (loss) |  |  | (0.12 | ) |  |  | (0.12 | ) |  |  | (0.21 | ) |  |  | (0.21 | ) |  |  | (0.08 | ) |  |  | (0.36 | )
Net realized and unrealized gain (loss)# |  |  | (4.01 | ) |  |  | (3.97 | ) |  |  | 14.90 |  |  |  | 22.15 |  |  |  | 0.70 |  |  |  | 20.07 |
Change in net asset value from operations |  |  | (4.13 | ) |  |  | (4.09 | ) |  |  | 14.69 |  |  |  | 21.94 |  |  |  | 0.62 |  |  |  | 19.71 |
Net asset value, at September 30, 2016 |  | $ | 21.02 |  |  | $ | 14.48 |  |  | $ | 44.42 |  |  | $ | 49.00 |  |  | $ | 16.13 |  |  | $ | 74.46 |
Market value per share, at December 31, 2015† |  | $ | 25.08 |  |  | $ | 18.48 |  |  | $ | 29.73 |  |  | $ | 27.08 |  |  | $ | 15.51 |  |  | $ | 54.70 |
Market value per share, at September 30, 2016† |  | $ | 20.76 |  |  | $ | 14.58 |  |  | $ | 44.01 |  |  | $ | 48.11 |  |  | $ | 16.12 |  |  | $ | 74.48 |
Total Return, at net asset value^ |  |  | (16.4 | )% |  |  | (22.0 | )% |  |  | 49.4 | % |  |  | 81.1 | % |  |  | 4.0 | % |  |  | 36.0 | %
Total Return, at market value^ |  |  | (17.2 | )% |  |  | (21.1 | )% |  |  | 48.0 | % |  |  | 77.7 | % |  |  | 3.9 | % |  |  | 36.2 | %
Ratios to Average Net Assets** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expense ratio |  |  | 1.02 | % |  |  | 1.36 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Expense ratio, excluding brokerage commissions |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | % |  |  | 0.95 | %
Net investment income (loss) |  |  | (0.78 | )% |  |  | (1.17 | )% |  |  | (0.69 | )% |  |  | (0.71 | )% |  |  | (0.71 | )% |  |  | (0.71 | )%
* | See Note 1 of these Notes to Financial Statements
# | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
† | 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
^ | Percentages are not annualized for the period ended September 30, 2016.
** | Percentages are annualized.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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