v3.8.0.1
Statements of Financial Condition - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash $ 59,037,500 $ 39,482,473
Segregated cash balances with brokers for futures contracts 378,413,556 180,212,984
Segregated cash balances with brokers for forward agreements 738,500 0
Short-term U.S. government and agency obligations (Note 3) 3,181,660,408 3,038,848,441
Unrealized appreciation on swap agreements 40,796,900 55,358,571
Unrealized appreciation on forward agreements 5,114,038 4,417,812
Unrealized appreciation on foreign currency forward contracts 14,377,002 33,392,354
Receivable from capital shares sold 17,433,038 0
Receivable on open futures contracts 58,287,553 41,862,862
Offering costs (Note 5) 142,300 0
Limitation by Sponsor 37,387 0
Total assets 3,756,038,182 3,393,575,497
Liabilities    
Payable for capital shares redeemed 118,627,346 71,525,035
Payable on open futures contracts 25,331,097 3,972,621
Brokerage commissions and fees payable 0 2,909
Payable to Sponsor 2,926,556 2,722,696
Payable for offering costs 296,800 0
Unrealized depreciation on swap agreements 13,678,377 12,206,881
Unrealized depreciation on forward agreements 36,697,229 25,407,296
Unrealized depreciation on foreign currency forward contracts 1,835,099 1,400,572
Total liabilities 199,392,504 117,238,010
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 3,556,645,678 3,276,337,487
Total liabilities and shareholders' equity $ 3,756,038,182 $ 3,393,575,497
Shares outstanding 118,168,916 90,235,707
ProShares VIX Short-Term Futures ETF [Member]    
Assets    
Cash $ 4,200,621 $ 4,536,425
Segregated cash balances with brokers for futures contracts 4,438,775 17,235,855
Short-term U.S. government and agency obligations (Note 3) 186,716,429 147,991,233
Receivable on open futures contracts 0 4,484,270
Total assets 195,355,825 174,247,783
Liabilities    
Payable on open futures contracts 3,913,679 0
Payable to Sponsor 77,327 87,637
Total liabilities 3,991,006 87,637
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 191,364,819 174,160,146
Total liabilities and shareholders' equity $ 195,355,825 $ 174,247,783
Shares outstanding [1] 5,876,317 2,052,363
Net asset value per share [1] $ 32.57 $ 84.86
Market value per share [1],[2] $ 32.53 $ 85.04
ProShares VIX Mid-Term Futures ETF [Member]    
Assets    
Cash $ 314,842 $ 1,155,115
Segregated cash balances with brokers for futures contracts 7,454,800 1,052,615
Short-term U.S. government and agency obligations (Note 3) 35,955,278 45,486,235
Receivable from capital shares sold 1,890,685 0
Receivable on open futures contracts 0 242,541
Total assets 45,615,605 47,936,506
Liabilities    
Payable for capital shares redeemed 0 2,085,020
Payable on open futures contracts 539,598 0
Payable to Sponsor 28,584 32,572
Total liabilities 568,182 2,117,592
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 45,047,423 45,818,914
Total liabilities and shareholders' equity $ 45,615,605 $ 47,936,506
Shares outstanding 1,787,403 1,087,403
Net asset value per share $ 25.20 $ 42.14
Market value per share [2] $ 25.17 $ 42.34
ProShares Short VIX Short-Term Futures ETF [Member]    
Assets    
Cash $ 4,098,464 $ 1,850,760
Segregated cash balances with brokers for futures contracts 316,834,247 55,323,984
Short-term U.S. government and agency obligations (Note 3) 770,134,521 170,396,436
Receivable on open futures contracts 57,550,026 1,059,418
Total assets 1,148,617,258 228,630,598
Liabilities    
Payable for capital shares redeemed 107,724,462 0
Payable on open futures contracts 0 325,000
Payable to Sponsor 1,018,886 230,211
Total liabilities 108,743,348 555,211
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 1,039,873,910 228,075,387
Total liabilities and shareholders' equity $ 1,148,617,258 $ 228,630,598
Shares outstanding [1] 11,100,000 5,000,000
Net asset value per share [1] $ 93.68 $ 45.62
Market value per share [1],[2] $ 93.75 $ 45.49
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Assets    
Cash $ 2,610,772 $ 10,969,955
Segregated cash balances with brokers for futures contracts 17,599,725 71,363,625
Short-term U.S. government and agency obligations (Note 3) 521,315,100 434,671,795
Receivable from capital shares sold 14,450,792 0
Receivable on open futures contracts 0 35,967,191
Total assets 555,976,389 552,972,566
Liabilities    
Payable for capital shares redeemed 0 36,789,539
Payable on open futures contracts 20,456,567 0
Payable to Sponsor 424,090 424,273
Total liabilities 20,880,657 37,213,812
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 535,095,732 515,758,754
Total liabilities and shareholders' equity $ 555,976,389 $ 552,972,566
Shares outstanding [1] 25,927,238 2,965,383
Net asset value per share [1] $ 20.64 $ 173.93
Market value per share [1],[2] $ 20.60 $ 175.00
ProShares UltraShort Bloomberg Crude Oil [Member]    
Assets    
Cash $ 3,636,946 $ 2,715,772
Segregated cash balances with brokers for futures contracts 5,000,160 4,931,520
Short-term U.S. government and agency obligations (Note 3) 246,666,306 205,694,385
Receivable on open futures contracts 123,680 0
Total assets 255,427,092 213,341,677
Liabilities    
Payable for capital shares redeemed 3,359,173 0
Payable on open futures contracts 0 13,602
Payable to Sponsor 162,517 162,891
Unrealized depreciation on swap agreements 13,678,377 12,206,881
Total liabilities 17,200,067 12,383,374
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 238,227,025 200,958,303
Total liabilities and shareholders' equity $ 255,427,092 $ 213,341,677
Shares outstanding 7,089,884 6,339,884
Net asset value per share $ 33.60 $ 31.70
Market value per share [2] $ 33.73 $ 31.65
Pro Shares UltraPro 3X Short Crude Oil ETF [Member]    
Assets    
Cash [3] $ 13,475,988  
Segregated cash balances with brokers for futures contracts [3] 2,418,240  
Offering costs (Note 5) [3] 71,150  
Limitation by Sponsor [3] 34,903  
Total assets [3] 16,000,281  
Liabilities    
Payable on open futures contracts [3] 83,153  
Payable for offering costs [3] 148,400  
Total liabilities [3] 231,553  
Commitments and Contingencies (Note 2)  
Shareholders' equity    
Shareholders' equity 15,768,728 [3] $ 0
Total liabilities and shareholders' equity [3] $ 16,000,281  
Shares outstanding [3] 900,008  
Net asset value per share [4] $ 17.52 [3] $ 25.00
Market value per share [2],[4] $ 17.63 [3] $ 25.00
ProShares UltraShort Bloomberg Natural Gas [Member]    
Assets    
Cash $ 2,116,845 $ 326,631
Segregated cash balances with brokers for futures contracts 780,120 710,655
Short-term U.S. government and agency obligations (Note 3) 2,998,697 2,899,151
Receivable on open futures contracts 31,017 105,872
Total assets 5,926,679 4,042,309
Liabilities    
Brokerage commissions and fees payable 0 144
Payable to Sponsor 5,245 3,371
Total liabilities 5,245 3,515
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 5,921,434 4,038,794
Total liabilities and shareholders' equity $ 5,926,679 $ 4,042,309
Shares outstanding 174,832 174,832
Net asset value per share $ 33.87 $ 23.10
Market value per share [2] $ 33.64 $ 23.05
ProShares UltraShort Gold [Member]    
Assets    
Cash $ 1,104,112 $ 120,840
Segregated cash balances with brokers for futures contracts 10,780 13,200
Short-term U.S. government and agency obligations (Note 3) 34,940,087 60,540,555
Unrealized appreciation on forward agreements 2,961,605 3,033,566
Receivable on open futures contracts 600 1,280
Total assets 39,017,184 63,709,441
Liabilities    
Payable for capital shares redeemed 3,563,259 0
Payable to Sponsor 27,142 55,794
Total liabilities 3,590,401 55,794
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 35,426,783 63,653,647
Total liabilities and shareholders' equity $ 39,017,184 $ 63,709,441
Shares outstanding 496,978 696,978
Net asset value per share $ 71.28 $ 91.33
Market value per share [2] $ 71.55 $ 90.54
ProShares UltraShort Silver [Member]    
Assets    
Cash $ 2,077,196 $ 86,051
Segregated cash balances with brokers for futures contracts 12,980 14,300
Segregated cash balances with brokers for forward agreements 738,500 0
Short-term U.S. government and agency obligations (Note 3) 17,966,229 21,550,319
Unrealized appreciation on forward agreements 2,152,433 1,384,246
Receivable on open futures contracts 1,510 2,290
Total assets 22,948,848 23,037,206
Liabilities    
Payable to Sponsor 15,171 19,550
Total liabilities 15,171 19,550
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 22,933,677 23,017,656
Total liabilities and shareholders' equity $ 22,948,848 $ 23,037,206
Shares outstanding 716,976 616,976
Net asset value per share $ 31.99 $ 37.31
Market value per share [2] $ 32.78 $ 38.76
ProShares Short Euro [Member]    
Assets    
Cash $ 1,990,375 $ 2,292,012
Segregated cash balances with brokers for futures contracts 127,050 402,600
Short-term U.S. government and agency obligations (Note 3) 5,998,433 13,164,828
Total assets 8,115,858 15,859,440
Liabilities    
Payable on open futures contracts 16,156 76,666
Payable to Sponsor 6,264 12,686
Total liabilities 22,420 89,352
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 8,093,438 15,770,088
Total liabilities and shareholders' equity $ 8,115,858 $ 15,859,440
Shares outstanding 200,000 350,000
Net asset value per share $ 40.47 $ 45.06
Market value per share [2] $ 40.56 $ 45.12
ProShares UltraShort Australian Dollar [Member]    
Assets    
Cash $ 729,356 $ 2,834,389
Segregated cash balances with brokers for futures contracts 370,040 914,760
Short-term U.S. government and agency obligations (Note 3) 7,997,911 12,909,619
Receivable on open futures contracts 34,800 0
Total assets 9,132,107 16,658,768
Liabilities    
Payable on open futures contracts 0 32,340
Payable to Sponsor 6,902 12,955
Total liabilities 6,902 45,295
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 9,125,205 16,613,473
Total liabilities and shareholders' equity $ 9,132,107 $ 16,658,768
Shares outstanding 200,000 300,000
Net asset value per share $ 45.63 $ 55.38
Market value per share [2] $ 45.85 $ 55.24
ProShares UltraShort Euro [Member]    
Assets    
Cash $ 2,120,743 $ 2,916,502
Short-term U.S. government and agency obligations (Note 3) 219,684,550 337,375,787
Unrealized appreciation on foreign currency forward contracts 4,465,552 16,519,070
Receivable from capital shares sold 1,091,561 0
Total assets 227,362,406 356,811,359
Liabilities    
Payable for capital shares redeemed 0 6,771,472
Payable to Sponsor 175,643 291,098
Unrealized depreciation on foreign currency forward contracts 565,859 356,139
Total liabilities 741,502 7,418,709
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 226,620,904 349,392,650
Total liabilities and shareholders' equity $ 227,362,406 $ 356,811,359
Shares outstanding 10,450,000 12,900,000
Net asset value per share $ 21.69 $ 27.08
Market value per share [2] $ 21.68 $ 27.08
ProShares UltraShort Yen [Member]    
Assets    
Cash $ 1,506,225 $ 3,166,988
Short-term U.S. government and agency obligations (Note 3) 137,818,917 257,102,313
Unrealized appreciation on foreign currency forward contracts 9,817,020 16,870,357
Total assets 149,142,162 277,139,658
Liabilities    
Payable to Sponsor 112,920 232,491
Unrealized depreciation on foreign currency forward contracts 570,141 125,420
Total liabilities 683,061 357,911
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 148,459,101 276,781,747
Total liabilities and shareholders' equity $ 149,142,162 $ 277,139,658
Shares outstanding 1,999,290 3,449,290
Net asset value per share $ 74.26 $ 80.24
Market value per share [2] $ 74.21 $ 80.25
ProShares Ultra Bloomberg Crude Oil [Member]    
Assets    
Cash $ 3,555,077 $ 1,401,555
Segregated cash balances with brokers for futures contracts 15,457,200 20,609,600
Short-term U.S. government and agency obligations (Note 3) 562,359,737 885,050,007
Unrealized appreciation on swap agreements 40,796,900 55,358,571
Receivable on open futures contracts 503,050 0
Total assets 622,671,964 962,419,733
Liabilities    
Payable for capital shares redeemed 0 25,879,004
Payable on open futures contracts 0 1,993,438
Brokerage commissions and fees payable 0 2,332
Payable to Sponsor 529,199 813,099
Total liabilities 529,199 28,687,873
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 622,142,765 933,731,860
Total liabilities and shareholders' equity $ 622,671,964 $ 962,419,733
Shares outstanding 34,761,317 40,013,933
Net asset value per share $ 17.90 $ 23.34
Market value per share [2] $ 17.82 $ 23.36
ProShares UltraPro 3x Crude Oil ETF [Member]    
Assets    
Cash [3] $ 6,451,760  
Segregated cash balances with brokers for futures contracts [3] 1,161,600  
Receivable on open futures contracts [3] 42,870  
Offering costs (Note 5) [3] 71,150  
Limitation by Sponsor [3] 2,484  
Total assets [3] 7,729,864  
Liabilities    
Payable for offering costs [3] 148,400  
Total liabilities [3] 148,400  
Commitments and Contingencies (Note 2) [3]  
Shareholders' equity    
Shareholders' equity 7,581,464 [3] $ 0
Total liabilities and shareholders' equity [3] $ 7,729,864  
Shares outstanding [3] 300,008  
Net asset value per share [3] $ 25.27  
Market value per share [3] $ 25.09  
ProShares Ultra Bloomberg Natural Gas [Member]    
Assets    
Cash $ 1,771,889 971,442
Segregated cash balances with brokers for futures contracts 6,724,079 7,612,770
Short-term U.S. government and agency obligations (Note 3) 42,919,932 36,183,648
Total assets 51,415,900 44,767,860
Liabilities    
Payable on open futures contracts 319,094 1,528,005
Brokerage commissions and fees payable 0 433
Payable to Sponsor 37,189 36,036
Total liabilities 356,283 1,564,474
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 51,059,617 43,203,386
Total liabilities and shareholders' equity $ 51,415,900 $ 44,767,860
Shares outstanding 5,842,169 2,292,169
Net asset value per share $ 8.74 $ 18.85
Market value per share [2] $ 8.80 $ 18.96
ProShares Ultra Gold [Member]    
Assets    
Cash $ 188,166 $ 1,262,351
Segregated cash balances with brokers for futures contracts 10,780 13,200
Short-term U.S. government and agency obligations (Note 3) 101,900,580 95,356,621
Total assets 102,099,526 96,632,172
Liabilities    
Payable for capital shares redeemed 3,980,452 0
Payable on open futures contracts 780 1,280
Payable to Sponsor 76,924 72,585
Unrealized depreciation on forward agreements 8,453,427 4,431,107
Total liabilities 12,511,583 4,504,972
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 89,587,943 92,127,200
Total liabilities and shareholders' equity $ 102,099,526 $ 96,632,172
Shares outstanding 2,250,000 2,800,000
Net asset value per share $ 39.82 $ 32.90
Market value per share [2] $ 39.60 $ 33.20
ProShares Ultra Silver [Member]    
Assets    
Cash $ 2,616,377 $ 1,664,601
Segregated cash balances with brokers for futures contracts 12,980 14,300
Short-term U.S. government and agency obligations (Note 3) 270,629,525 295,300,799
Total assets 273,258,882 296,979,700
Liabilities    
Payable on open futures contracts 2,070 2,290
Payable to Sponsor 207,828 221,281
Unrealized depreciation on forward agreements 28,243,802 20,976,189
Total liabilities 28,453,700 21,199,760
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 244,805,182 275,779,940
Total liabilities and shareholders' equity $ 273,258,882 $ 296,979,700
Shares outstanding 7,196,526 8,246,526
Net asset value per share $ 34.02 $ 33.44
Market value per share [2] $ 33.15 $ 32.09
ProShares Ultra Euro [Member]    
Assets    
Cash $ 2,929,230 $ 606,393
Short-term U.S. government and agency obligations (Note 3) 10,995,765 11,891,831
Unrealized appreciation on foreign currency forward contracts 82,079 2,548
Total assets 14,007,074 12,500,772
Liabilities    
Payable to Sponsor 10,027 9,629
Unrealized depreciation on foreign currency forward contracts 291,439 576,558
Total liabilities 301,466 586,187
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 13,705,608 11,914,585
Total liabilities and shareholders' equity $ 14,007,074 $ 12,500,772
Shares outstanding 800,000 850,000
Net asset value per share $ 17.13 $ 14.02
Market value per share [2] $ 17.10 $ 14.09
ProShares Ultra Yen [Member]    
Assets    
Cash $ 1,542,516 $ 604,691
Short-term U.S. government and agency obligations (Note 3) 4,662,411 5,282,879
Unrealized appreciation on foreign currency forward contracts 12,351 379
Total assets 6,217,278 5,887,949
Liabilities    
Payable to Sponsor 4,698 4,537
Unrealized depreciation on foreign currency forward contracts 407,660 342,455
Total liabilities 412,358 346,992
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 5,804,920 5,540,957
Total liabilities and shareholders' equity $ 6,217,278 $ 5,887,949
Shares outstanding 99,970 99,970
Net asset value per share $ 58.07 $ 55.43
Market value per share [2] $ 58.17 $ 55.52
[1] See Note 1 of these Notes to Financial Statements.
[2] 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.
[3] Since the Fund's inception date was January 13, 2017, the Statement of Financial Condition as of December 31, 2016 has not been provided. See Note 1.
[4] From commencement of operations, March 24, 2017 through September 30, 2017.