v3.8.0.1
Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Investment Income        
Interest $ 7,808,931 $ 2,361,927 [1] $ 16,997,031 $ 6,523,319 [1]
Expenses        
Management fee 8,239,003 8,874,154 [1] 23,059,129 26,210,756 [1]
Brokerage commissions and fees 2,698,871 1,837,843 [1] 6,069,898 5,741,230 [1]
Offering costs 74,810 0 [1] 154,500 0 [1]
Limitation by Sponsor (12,787) 0 [1] (37,387) 0 [1]
Reduction in Limitation by Sponsor 5,818 0 [1] 0 0 [1]
Total expenses 11,005,715 10,711,997 [1] 29,246,140 31,951,986 [1]
Net investment income (loss) (3,196,784) (8,350,070) [1] (12,249,109) (25,428,667) [1]
Net realized gain (loss) on        
Foreign currency forward contracts (24,318,202) (38,012,183) [1] (59,859,325) (143,336,227) [1]
Short-term U.S. government and agency obligations (11,633) 16,487 [1] (60,265) (24,164) [1]
Net realized gain (loss) 44,732,739 (700,313,342) [1] (443,027,657) (1,303,301,026) [1]
Change in net unrealized appreciation/depreciation on        
Futures contracts (4,409,373) 120,520,628 [1] (8,069,381) (10,191,565) [1]
Foreign currency forward contracts 9,447,911 19,906,042 [1] (19,449,879) 43,519,287 [1]
Short-term U.S. government and agency obligations 119,011 136,969 [1] 184,931 279,499 [1]
Change in net unrealized appreciation/depreciation 85,294,338 153,882,178 [1] (53,961,203) 158,761,348 [1]
Net realized and unrealized gain (loss) 130,027,077 (546,431,164) [1] (496,988,860) (1,144,539,678) [1]
Net income (loss) 126,830,293 (554,781,234) [1] (509,237,969) (1,169,968,345) [1]
Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives 44,960,735 (616,625,175) [1] (340,387,543) (1,157,016,680) [1]
Swap Agreements [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives 20,685,901 (152,532,535) [1] (72,778,431) (154,872,473) [1]
Change in net unrealized appreciation/depreciation on        
Unrealized gain (loss) on derivatives 73,621,267 95,697,940 [1] (16,033,167) 120,033,888 [1]
Forward Agreements [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives 3,415,938 106,840,064 [1] 30,057,907 151,948,518 [1]
Change in net unrealized appreciation/depreciation on        
Unrealized gain (loss) on derivatives 6,515,522 (82,379,401) [1] (10,593,707) 5,120,239 [1]
ProShares VIX Short-Term Futures ETF [Member]        
Investment Income        
Interest 379,082 144,244 786,305 324,819
Expenses        
Management fee 381,123 474,982 1,004,091 1,210,844
Brokerage commissions and fees 59,243 76,959 138,487 229,993
Total expenses 440,366 551,941 1,142,578 1,440,837
Net investment income (loss) (61,284) (407,697) (356,273) (1,116,018)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations 419 3,946 (943) 6,237
Net realized gain (loss) (27,446,786) (101,781,283) (126,203,648) (134,339,691)
Change in net unrealized appreciation/depreciation on        
Futures contracts (17,219,461) 6,786,934 (17,860,669) (8,475,358)
Short-term U.S. government and agency obligations 3,094 24,829 6,384 35,549
Change in net unrealized appreciation/depreciation (17,216,367) 6,811,763 (17,854,285) (8,439,809)
Net realized and unrealized gain (loss) (44,663,153) (94,969,520) (144,057,933) (142,779,500)
Net income (loss) (44,724,437) (95,377,217) (144,414,206) (143,895,518)
ProShares VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (27,447,205) (101,785,229) (126,202,705) (134,345,928)
ProShares VIX Mid-Term Futures ETF [Member]        
Investment Income        
Interest 71,551 29,706 164,138 63,804
Expenses        
Management fee 80,574 108,438 235,818 251,163
Brokerage commissions and fees 6,764 10,935 11,815 23,544
Total expenses 87,338 119,373 247,633 274,707
Net investment income (loss) (15,787) (89,667) (83,495) (210,903)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations 0 144 (527) 132
Net realized gain (loss) (3,965,084) (4,899,386) (19,180,662) (5,248,593)
Change in net unrealized appreciation/depreciation on        
Futures contracts 364,615 (1,149,750) (653,395) (1,917,790)
Short-term U.S. government and agency obligations 1,342 8,365 2,167 9,742
Change in net unrealized appreciation/depreciation 365,957 (1,141,385) (651,228) (1,908,048)
Net realized and unrealized gain (loss) (3,599,127) (6,040,771) (19,831,890) (7,156,641)
Net income (loss) (3,614,914) (6,130,438) (19,915,385) (7,367,544)
ProShares VIX Mid-Term Futures ETF [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (3,965,084) (4,899,530) (19,180,135) (5,248,725)
ProShares Short VIX Short-Term Futures ETF [Member]        
Investment Income        
Interest 2,102,194 248,974 3,484,888 848,132
Expenses        
Management fee 2,376,444 951,001 4,636,720 3,561,744
Brokerage commissions and fees 1,366,561 469,401 2,761,371 1,522,859
Total expenses 3,743,005 1,420,402 7,398,091 5,084,603
Net investment income (loss) (1,640,811) (1,171,428) (3,913,203) (4,236,471)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations 6,797 (12,510) (4,461) (34,036)
Net realized gain (loss) 188,307,524 277,233,576 471,123,858 262,990,607
Change in net unrealized appreciation/depreciation on        
Futures contracts 100,033,466 (51,813,012) 104,553,646 16,663,427
Short-term U.S. government and agency obligations 56,988 33,663 55,837 62,392
Change in net unrealized appreciation/depreciation 100,090,454 (51,779,349) 104,609,483 16,725,819
Net realized and unrealized gain (loss) 288,397,978 225,454,227 575,733,341 279,716,426
Net income (loss) 286,757,167 224,282,799 571,820,138 275,479,955
ProShares Short VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives 188,300,727 277,246,086 471,128,319 263,024,643
ProShares Ultra VIX Short-Term Futures ETF [Member]        
Investment Income        
Interest 866,857 400,731 1,833,411 1,227,394
Expenses        
Management fee 1,040,567 1,625,260 2,880,339 5,006,558
Brokerage commissions and fees 1,150,806 1,102,098 2,819,322 3,228,763
Total expenses 2,191,373 2,727,358 5,699,661 8,235,321
Net investment income (loss) (1,324,516) (2,326,627) (3,866,250) (7,007,927)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations (5,866) 16,032 (26,617) 24,626
Net realized gain (loss) (126,538,682) (745,085,668) (646,063,604) (1,269,208,841)
Change in net unrealized appreciation/depreciation on        
Futures contracts (95,515,562) 138,973,918 (93,790,794) (51,163,549)
Short-term U.S. government and agency obligations 21,523 27,300 34,039 8,737
Change in net unrealized appreciation/depreciation (95,494,039) 139,001,218 (93,756,755) (51,154,812)
Net realized and unrealized gain (loss) (222,032,721) (606,084,450) (739,820,359) (1,320,363,653)
Net income (loss) (223,357,237) (608,411,077) (743,686,609) (1,327,371,580)
ProShares Ultra VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (126,532,816) (745,101,700) (646,036,987) (1,269,233,467)
ProShares UltraShort Bloomberg Crude Oil [Member]        
Investment Income        
Interest 458,896 112,015 998,438 345,514
Expenses        
Management fee 456,582 405,879 1,374,438 1,291,075
Brokerage commissions and fees 17,992 27,568 50,772 125,327
Total expenses 474,574 433,447 1,425,210 1,416,402
Net investment income (loss) (15,678) (321,432) (426,772) (1,070,888)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations (107) 3,798 (1,590) (4,796)
Net realized gain (loss) (9,418,914) 50,285,292 49,805,940 (36,901,010)
Change in net unrealized appreciation/depreciation on        
Futures contracts (4,525,726) (4,602,457) (3,940,674) (6,846,490)
Short-term U.S. government and agency obligations 10,122 12,429 13,678 26,286
Change in net unrealized appreciation/depreciation (30,446,676) (32,963,803) (5,398,492) (29,797,685)
Net realized and unrealized gain (loss) (39,865,590) 17,321,489 44,407,448 (66,698,695)
Net income (loss) (39,881,268) 17,000,057 43,980,676 (67,769,583)
ProShares UltraShort Bloomberg Crude Oil [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (6,020,543) 7,108,871 12,625,049 (1,439,525)
ProShares UltraShort Bloomberg Crude Oil [Member] | Swap Agreements [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (3,398,264) 43,172,623 37,182,481 (35,456,689)
Change in net unrealized appreciation/depreciation on        
Unrealized gain (loss) on derivatives (25,931,072) (28,373,775) (1,471,496) (22,977,481)
Pro Shares UltraPro 3X Short Crude Oil ETF [Member]        
Expenses        
Brokerage commissions and fees [2] 9,395   17,296  
Offering costs [2] 37,405   77,250  
Limitation by Sponsor [2] (12,787)   (34,903)  
Total expenses [2] 34,013   59,643  
Net investment income (loss) [2] (34,013)   (59,643)  
Net realized gain (loss) on        
Net realized gain (loss) [2] (1,540,337)   232,006  
Change in net unrealized appreciation/depreciation on        
Futures contracts [2] (2,178,096)   (2,423,370)  
Change in net unrealized appreciation/depreciation [2] (2,178,096)   (2,423,370)  
Net realized and unrealized gain (loss) [2] (3,718,433)   (2,191,364)  
Net income (loss) [2] (3,752,446)   (2,251,007) [3]  
Pro Shares UltraPro 3X Short Crude Oil ETF [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives [2] (1,540,337)   232,006  
ProShares UltraShort Bloomberg Natural Gas [Member]        
Investment Income        
Interest 11,436 2,395 25,909 16,513
Expenses        
Management fee 18,019 13,043 51,110 70,066
Brokerage commissions and fees 7,316 8,608 19,673 53,910
Total expenses 25,335 21,651 70,783 123,976
Net investment income (loss) (13,899) (19,256) (44,874) (107,463)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations (75) 434 (334) 3,438
Net realized gain (loss) (151,443) (101,563) 1,755,918 458,954
Change in net unrealized appreciation/depreciation on        
Futures contracts 615,201 712,984 830,552 2,803,566
Short-term U.S. government and agency obligations 555 (161) 249 (75)
Change in net unrealized appreciation/depreciation 615,756 712,823 830,801 2,803,491
Net realized and unrealized gain (loss) 464,313 611,260 2,586,719 3,262,445
Net income (loss) 450,414 592,004 2,541,845 3,154,982
ProShares UltraShort Bloomberg Natural Gas [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (151,368) (101,997) 1,756,252 455,516
ProShares UltraShort Gold [Member]        
Investment Income        
Interest 85,802 44,515 202,149 118,780
Expenses        
Management fee 86,766 163,622 268,125 469,612
Brokerage commissions and fees 10 8 39 33
Total expenses 86,776 163,630 268,164 469,645
Net investment income (loss) (974) (119,115) (66,015) (350,865)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations (96) 164 (1,168) (779)
Net realized gain (loss) (2,644,251) (10,296,369) (10,940,120) (29,965,948)
Change in net unrealized appreciation/depreciation on        
Futures contracts (6,520) 9,400 (28,520) (3,420)
Short-term U.S. government and agency obligations 1,228 2,460 493 6,758
Change in net unrealized appreciation/depreciation 300,334 9,773,255 (99,988) (225,049)
Net realized and unrealized gain (loss) (2,343,917) (523,114) (11,040,108) (30,190,997)
Net income (loss) (2,344,891) (642,229) (11,106,123) (30,541,862)
ProShares UltraShort Gold [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (640) (7,340) 5,119 (45,820)
ProShares UltraShort Gold [Member] | Forward Agreements [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (2,643,515) (10,289,193) (10,944,071) (29,919,349)
Change in net unrealized appreciation/depreciation on        
Unrealized gain (loss) on derivatives 305,626 9,761,395 (71,961) (228,387)
ProShares UltraShort Silver [Member]        
Investment Income        
Interest 44,411 22,794 103,317 71,536
Expenses        
Management fee 46,737 86,864 143,542 281,605
Brokerage commissions and fees 10 8 39 33
Total expenses 46,747 86,872 143,581 281,638
Net investment income (loss) (2,336) (64,078) (40,264) (210,102)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations (46) 65 (190) (2,307)
Net realized gain (loss) (467,217) (14,865,805) (2,693,510) (26,657,499)
Change in net unrealized appreciation/depreciation on        
Futures contracts 2,560 10,700 (22,370) (7,450)
Short-term U.S. government and agency obligations 29 2,046 (33) 3,511
Change in net unrealized appreciation/depreciation (393,727) 9,509,304 745,784 (4,263,685)
Net realized and unrealized gain (loss) (860,944) (5,356,501) (1,947,726) (30,921,184)
Net income (loss) (863,280) (5,420,579) (1,987,990) (31,131,286)
ProShares UltraShort Silver [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (2,193) (15,410) 18,357 (44,810)
ProShares UltraShort Silver [Member] | Forward Agreements [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (464,978) (14,850,460) (2,711,677) (26,610,382)
Change in net unrealized appreciation/depreciation on        
Unrealized gain (loss) on derivatives (396,316) 9,496,558 768,187 (4,259,746)
ProShares Short Euro [Member]        
Investment Income        
Interest 18,865 8,177 57,345 22,846
Expenses        
Management fee 21,606 36,752 92,259 116,244
Brokerage commissions and fees 330 580 1,433 2,009
Total expenses 21,936 37,332 93,692 118,253
Net investment income (loss) (3,071) (29,155) (36,347) (95,407)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations (107) (2) (384) 31
Net realized gain (loss) (599,589) 327,210 (1,335,372) (199,557)
Change in net unrealized appreciation/depreciation on        
Futures contracts 291,787 (488,475) (26,694) (270,444)
Short-term U.S. government and agency obligations 326 1,265 404 1,652
Change in net unrealized appreciation/depreciation 292,113 (487,210) (26,290) (268,792)
Net realized and unrealized gain (loss) (307,476) (160,000) (1,361,662) (468,349)
Net income (loss) (310,547) (189,155) (1,398,009) (563,756)
ProShares Short Euro [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (599,482) 327,212 (1,334,988) (199,588)
ProShares UltraShort Australian Dollar [Member]        
Investment Income        
Interest 23,090 12,198 58,614 32,241
Expenses        
Management fee 24,991 42,820 94,837 136,306
Brokerage commissions and fees 1,555 3,267 6,088 11,011
Total expenses 26,546 46,087 100,925 147,317
Net investment income (loss) (3,456) (33,889) (42,311) (115,076)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations (22) 1 (177) 220
Net realized gain (loss) (1,453,377) (318,841) (1,920,783) (2,462,114)
Change in net unrealized appreciation/depreciation on        
Futures contracts 837,800 (971,687) (802,850) (495,700)
Short-term U.S. government and agency obligations (14) 561 843 2,074
Change in net unrealized appreciation/depreciation 837,786 (971,126) (802,007) (493,626)
Net realized and unrealized gain (loss) (615,591) (1,289,967) (2,722,790) (2,955,740)
Net income (loss) (619,047) (1,323,856) (2,765,101) (3,070,816)
ProShares UltraShort Australian Dollar [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (1,453,355) (318,842) (1,920,606) (2,462,334)
ProShares UltraShort Euro [Member]        
Investment Income        
Interest 559,862 248,831 1,452,945 765,698
Expenses        
Management fee 537,193 906,488 1,914,770 2,894,802
Total expenses 537,193 906,488 1,914,770 2,894,802
Net investment income (loss) 22,669 (657,657) (461,825) (2,129,104)
Net realized gain (loss) on        
Foreign currency forward contracts (24,505,520) (5,537,097) (45,334,575) (60,591,547)
Short-term U.S. government and agency obligations (1,394) 1,655 (3,856) 37
Net realized gain (loss) (24,506,914) (5,535,442) (45,338,431) (60,591,510)
Change in net unrealized appreciation/depreciation on        
Foreign currency forward contracts 10,103,133 (2,518,631) (12,263,238) 30,435,313
Short-term U.S. government and agency obligations 4,959 2,404 8,176 33,446
Change in net unrealized appreciation/depreciation 10,108,092 (2,516,227) (12,255,062) 30,468,759
Net realized and unrealized gain (loss) (14,398,822) (8,051,669) (57,593,493) (30,122,751)
Net income (loss) (14,376,153) (8,709,326) (58,055,318) (32,251,855)
ProShares UltraShort Yen [Member]        
Investment Income        
Interest 389,160 155,603 1,072,691 328,442
Expenses        
Management fee 376,339 563,817 1,468,775 1,462,231
Total expenses 376,339 563,817 1,468,775 1,462,231
Net investment income (loss) 12,821 (408,214) (396,084) (1,133,789)
Net realized gain (loss) on        
Foreign currency forward contracts (1,067,853) (33,476,385) (17,529,013) (86,173,771)
Short-term U.S. government and agency obligations (1,081) (44) (3,903) (5,838)
Net realized gain (loss) (1,068,934) (33,476,429) (17,532,916) (86,179,609)
Change in net unrealized appreciation/depreciation on        
Foreign currency forward contracts (83,509) 23,071,090 (7,498,058) 14,006,768
Short-term U.S. government and agency obligations 3,577 14,852 7,076 39,443
Change in net unrealized appreciation/depreciation (79,932) 23,085,942 (7,490,982) 14,046,211
Net realized and unrealized gain (loss) (1,148,866) (10,390,487) (25,023,898) (72,133,398)
Net income (loss) (1,136,045) (10,798,701) (25,419,982) (73,267,187)
ProShares Ultra Bloomberg Crude Oil [Member]        
Investment Income        
Interest 1,819,809 547,630 4,436,888 1,497,225
Expenses        
Management fee 1,798,486 2,118,318 5,773,725 6,031,448
Brokerage commissions and fees 40,850 112,742 147,117 443,936
Total expenses 1,839,336 2,231,060 5,920,842 6,475,384
Net investment income (loss) (19,527) (1,683,430) (1,483,954) (4,978,159)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations (8,752) 2,107 (15,001) (13,583)
Net realized gain (loss) 45,488,493 (246,216,521) (123,526,841) (132,886,039)
Change in net unrealized appreciation/depreciation on        
Futures contracts 13,270,788 41,481,937 8,280,488 47,317,605
Short-term U.S. government and agency obligations 6,372 8,186 35,634 34,191
Change in net unrealized appreciation/depreciation 112,829,499 165,591,081 (6,245,549) 190,350,573
Net realized and unrealized gain (loss) 158,317,992 (80,625,440) (129,772,390) 57,464,534
Net income (loss) 158,298,465 (82,308,870) (131,256,344) 52,486,375
ProShares Ultra Bloomberg Crude Oil [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives 21,413,080 (51,064,247) (13,550,928) (14,115,761)
ProShares Ultra Bloomberg Crude Oil [Member] | Swap Agreements [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives 24,084,165 (195,154,381) (109,960,912) (118,756,695)
Change in net unrealized appreciation/depreciation on        
Unrealized gain (loss) on derivatives 99,552,339 124,100,958 (14,561,671) 142,998,777
ProShares UltraPro 3x Crude Oil ETF [Member]        
Expenses        
Brokerage commissions and fees [2] 13,100   24,374  
Offering costs [2] 37,405   77,250  
Limitation by Sponsor [2] 0   (2,484)  
Reduction in Limitation by Sponsor [2] 5,818   0  
Total expenses [2] 56,323   99,140  
Net investment income (loss) [2] (56,323)   (99,140)  
Net realized gain (loss) on        
Net realized gain (loss) [2] 4,971,742   3,137,907  
Change in net unrealized appreciation/depreciation on        
Futures contracts [2] 694,326   1,272,779  
Change in net unrealized appreciation/depreciation [2] 694,326   1,272,779  
Net realized and unrealized gain (loss) [2] 5,666,068   4,410,686  
Net income (loss) [2] 5,609,745   4,311,546 [3]  
ProShares UltraPro 3x Crude Oil ETF [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives [2] 4,971,742   3,137,907  
ProShares Ultra Bloomberg Natural Gas [Member]        
Investment Income        
Interest 93,039 18,114 199,874 45,257
Expenses        
Management fee 110,894 85,894 318,839 229,760
Brokerage commissions and fees 24,919 25,652 71,984 98,016
Total expenses 135,813 111,546 390,823 327,776
Net investment income (loss) (42,774) (93,432) (190,949) (282,519)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations (454) 264 (1,126) (405)
Net realized gain (loss) (2,015,002) 1,964,675 (21,041,439) 6,591,292
Change in net unrealized appreciation/depreciation on        
Futures contracts (1,078,511) (8,409,834) (3,508,410) (7,752,693)
Short-term U.S. government and agency obligations 1,692 2,064 1,284 1,913
Change in net unrealized appreciation/depreciation (1,076,819) (8,407,770) (3,507,126) (7,750,780)
Net realized and unrealized gain (loss) (3,091,821) (6,443,095) (24,548,565) (1,159,488)
Net income (loss) (3,134,595) (6,536,527) (24,739,514) (1,442,007)
ProShares Ultra Bloomberg Natural Gas [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives (2,014,548) 1,964,411 (21,040,313) 6,591,697
ProShares Ultra Gold [Member]        
Investment Income        
Interest 231,647 72,710 531,782 178,730
Expenses        
Management fee 224,583 245,192 692,340 665,265
Brokerage commissions and fees 10 8 39 33
Total expenses 224,593 245,200 692,379 665,298
Net investment income (loss) 7,054 (172,490) (160,597) (486,568)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations (61) 193 487 296
Net realized gain (loss) 5,462,857 12,630,084 23,363,236 33,704,266
Change in net unrealized appreciation/depreciation on        
Futures contracts 6,520 (9,380) 28,480 3,400
Short-term U.S. government and agency obligations 3,100 (6,051) 6,915 (4,093)
Change in net unrealized appreciation/depreciation (546,321) (13,422,965) (3,986,925) (208,227)
Net realized and unrealized gain (loss) 4,916,536 (792,881) 19,376,311 33,496,039
Net income (loss) 4,923,590 (965,371) 19,215,714 33,009,471
ProShares Ultra Gold [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives 600 7,280 (5,221) 45,880
ProShares Ultra Gold [Member] | Forward Agreements [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives 5,462,318 12,622,611 23,367,970 33,658,090
Change in net unrealized appreciation/depreciation on        
Unrealized gain (loss) on derivatives (555,941) (13,407,534) (4,022,320) (207,534)
ProShares Ultra Silver [Member]        
Investment Income        
Interest 612,838 277,478 1,497,007 587,744
Expenses        
Management fee 612,285 978,671 1,971,071 2,300,935
Brokerage commissions and fees 10 9 49 36
Total expenses 612,295 978,680 1,971,120 2,300,971
Net investment income (loss) 543 (701,202) (474,113) (1,713,227)
Net realized gain (loss) on        
Short-term U.S. government and agency obligations (722) 336 (524) 2,562
Net realized gain (loss) 1,063,548 119,372,702 20,326,492 174,873,081
Change in net unrealized appreciation/depreciation on        
Futures contracts (2,560) (10,650) 22,420 10,510
Short-term U.S. government and agency obligations 4,781 4,068 11,441 17,811
Change in net unrealized appreciation/depreciation 7,164,374 (88,236,402) (7,233,752) 9,844,227
Net realized and unrealized gain (loss) 8,227,922 31,136,300 13,092,740 184,717,308
Net income (loss) 8,228,465 30,435,098 12,618,627 183,004,081
ProShares Ultra Silver [Member] | Futures Contracts [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives 2,157 15,260 (18,669) 50,360
ProShares Ultra Silver [Member] | Forward Agreements [Member]        
Net realized gain (loss) on        
Gain (loss) on sale of derivatives 1,062,113 119,357,106 20,345,685 174,820,159
Change in net unrealized appreciation/depreciation on        
Unrealized gain (loss) on derivatives 7,162,153 (88,229,820) (7,267,613) 9,815,906
ProShares Ultra Euro [Member]        
Investment Income        
Interest 30,171 6,257 69,923 18,054
Expenses        
Management fee 31,427 22,916 95,974 71,859
Total expenses 31,427 22,916 95,974 71,859
Net investment income (loss) (1,256) (16,659) (26,051) (53,805)
Net realized gain (loss) on        
Foreign currency forward contracts 1,259,663 46,252 2,666,172 1,155,961
Short-term U.S. government and agency obligations (13) 6 134 153
Net realized gain (loss) 1,259,650 46,258 2,666,306 1,156,114
Change in net unrealized appreciation/depreciation on        
Foreign currency forward contracts (519,273) 118,030 364,650 (654,504)
Short-term U.S. government and agency obligations (331) (1,819) 205 (452)
Change in net unrealized appreciation/depreciation (519,604) 116,211 364,855 (654,956)
Net realized and unrealized gain (loss) 740,046 162,469 3,031,161 501,158
Net income (loss) 738,790 145,810 3,005,110 447,353
ProShares Ultra Yen [Member]        
Investment Income        
Interest 10,221 4,659 21,407 11,808
Expenses        
Management fee 14,387 17,545 42,356 47,356
Total expenses 14,387 17,545 42,356 47,356
Net investment income (loss) (4,166) (12,886) (20,949) (35,548)
Net realized gain (loss) on        
Foreign currency forward contracts (4,492) 955,047 338,091 2,273,130
Short-term U.S. government and agency obligations (53) 72 (85) 72
Net realized gain (loss) (4,545) 955,119 338,006 2,273,202
Change in net unrealized appreciation/depreciation on        
Foreign currency forward contracts (52,440) (764,447) (53,233) (268,290)
Short-term U.S. government and agency obligations (332) 679 139 716
Change in net unrealized appreciation/depreciation (52,772) (763,768) (53,094) (267,574)
Net realized and unrealized gain (loss) (57,317) 191,351 284,912 2,005,628
Net income (loss) $ (61,483) $ 178,465 $ 263,963 $ 1,970,080
[1] The operations include the activity of ProShares Managed Futures Strategy through March 30, 2016, and ProShares Ultra Commodity Fund and ProShares UltraShort Commodity Fund through September 1, 2016 (dates of liquidation). See Note 1.
[2] Since the Fund's inception date was January 13, 2017, the Statements of Operations for the three and nine months ended September 30, 2016 have not been provided. See Note 1.
[3] Since the Fund's inception date was January 13, 2017, the Statement of Cash Flows for the nine months ended September 30, 2016 has not been provided. See Note 1.