v3.10.0.1
Statements of Financial Condition - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Assets    
Cash $ 372,094,820 $ 55,713,112
Segregated cash balances with brokers for futures contracts 537,817,188 420,018,133
Segregated cash balances with brokers for swap agreements 49,718,250  
Segregated cash balances with brokers for forward agreements 9,380,500 4,081,500
Segregated cash balances with brokers for foreign currency forward contracts 4,210,000 3,960,000
Short-term U.S. government and agency obligations (Note 3) 1,300,390,736 2,445,779,873
Unrealized appreciation on swap agreements 83,731,789 62,238,361
Unrealized appreciation on forward agreements 3,729,395 25,381,689
Unrealized appreciation on foreign currency forward contracts 4,151,539 2,339,908
Receivable from capital shares sold 7,158,006 843,370
Receivable on open futures contracts 123,173,105 45,230,982
Offering costs (Note 5)   105,643
Limitation by Sponsor   59,651
Interest receivable 344,890  
Total assets 2,495,900,218 3,065,752,222
Liabilities    
Payable for capital shares redeemed 41,312,836 73,270,557
Payable on open futures contracts 17,123,428 1,954,640
Payable to Sponsor 1,920,177 2,509,663
Unrealized depreciation on swap agreements 34,806,639 30,607,142
Unrealized depreciation on forward agreements 21,301,607 3,204,422
Unrealized depreciation on foreign currency forward contracts 254,584 6,927,586
Payable to Broker 19,297  
Total liabilities 116,738,568 118,474,010
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 2,379,161,650 2,947,278,212
Total liabilities and shareholders' equity $ 2,495,900,218 $ 3,065,752,222
Shares outstanding 123,529,787 109,040,175
ProShares Short Euro [Member]    
Assets    
Cash $ 2,572,360 $ 923,063
Segregated cash balances with brokers for futures contracts 144,210 122,430
Short-term U.S. government and agency obligations (Note 3) 5,687,064 6,996,235
Interest receivable 1,675  
Total assets 8,405,309 8,041,728
Liabilities    
Payable on open futures contracts 79,491 43,311
Payable to Sponsor 6,489 6,537
Total liabilities 85,980 49,848
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 8,319,329 7,991,880
Total liabilities and shareholders' equity $ 8,405,309 $ 8,041,728
Shares outstanding 200,000 200,000
Net asset value per share $ 41.60 $ 39.96
Market value per share [1] $ 41.53 $ 39.99
ProShares Short VIX Short-Term Futures ETF [Member]    
Assets    
Cash $ 82,448,087 $ 1,468,000
Segregated cash balances with brokers for futures contracts 245,855,801 299,200,276
Short-term U.S. government and agency obligations (Note 3) 92,995,995 494,910,644
Receivable on open futures contracts 107,311,347 20,758,850
Interest receivable 91,825  
Total assets 528,703,055 816,337,770
Liabilities    
Payable for capital shares redeemed   44,817,710
Payable on open futures contracts   528,750
Payable to Sponsor 444,991 827,439
Payable to Broker 19,297  
Total liabilities 464,288 46,173,899
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 528,238,767 770,163,871
Total liabilities and shareholders' equity $ 528,703,055 $ 816,337,770
Shares outstanding 41,350,000 6,050,000
Net asset value per share $ 12.77 $ 127.30
Market value per share [1] $ 12.72 $ 128.21
ProShares UltraShort Bloomberg Crude Oil [Member]    
Assets    
Cash $ 28,385,943 $ 1,120,278
Segregated cash balances with brokers for futures contracts 3,349,810 2,567,813
Segregated cash balances with brokers for swap agreements 1,696,500  
Short-term U.S. government and agency obligations (Note 3) 173,652,213 253,646,823
Receivable from capital shares sold 5,226,159  
Interest receivable 35,781  
Total assets 212,346,406 257,334,914
Liabilities    
Payable on open futures contracts 933,720 693,787
Payable to Sponsor 131,902 190,701
Unrealized depreciation on swap agreements 33,768,200 30,607,142
Total liabilities 34,833,822 31,491,630
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 177,512,584 225,843,284
Total liabilities and shareholders' equity $ 212,346,406 $ 257,334,914
Shares outstanding 11,889,884 9,289,884
Net asset value per share $ 14.93 $ 24.31
Market value per share [1] $ 14.91 $ 24.56
ProShares UltraShort Bloomberg Natural Gas [Member]    
Assets    
Cash $ 1,986,291 $ 1,886,831
Segregated cash balances with brokers for futures contracts 601,509 1,123,375
Short-term U.S. government and agency obligations (Note 3) 4,093,202 3,999,751
Receivable on open futures contracts 70,049  
Interest receivable 629  
Total assets 6,751,680 7,009,957
Liabilities    
Payable on open futures contracts   104,104
Payable to Sponsor 4,831 3,110
Total liabilities 4,831 107,214
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 6,746,849 6,902,743
Total liabilities and shareholders' equity $ 6,751,680 $ 7,009,957
Shares outstanding 174,832 174,832
Net asset value per share $ 38.59 $ 39.48
Market value per share [1] $ 38.62 $ 39.65
ProShares Ultra Euro [Member]    
Assets    
Cash $ 4,816,884 $ 1,416,427
Segregated cash balances with brokers for foreign currency forward contracts 921,000 922,000
Short-term U.S. government and agency obligations (Note 3) 3,289,040 6,996,235
Unrealized appreciation on swap agreements (172,054)  
Unrealized appreciation on foreign currency forward contracts   321,609
Interest receivable 561  
Total assets 9,027,485 9,656,271
Liabilities    
Payable to Sponsor 6,835 7,298
Unrealized depreciation on foreign currency forward contracts 172,054 57,457
Total liabilities 178,889 64,755
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 8,848,596 9,591,516
Total liabilities and shareholders' equity $ 9,027,485 $ 9,656,271
Shares outstanding 550,000 550,000
Net asset value per share $ 16.09 $ 17.44
Market value per share [1] $ 16.06 $ 17.46
ProShares Ultra Gold [Member]    
Assets    
Cash $ 1,479,628 $ 1,237,103
Segregated cash balances with brokers for futures contracts 6,956 8,800
Short-term U.S. government and agency obligations (Note 3) 87,847,390 88,884,844
Unrealized appreciation on forward agreements   3,646,355
Receivable on open futures contracts 700 2,420
Total assets 89,334,674 93,779,522
Liabilities    
Payable to Sponsor 69,192 70,774
Unrealized depreciation on forward agreements 7,152,896  
Total liabilities 7,222,088 70,774
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 82,112,586 93,708,748
Total liabilities and shareholders' equity $ 89,334,674 $ 93,779,522
Shares outstanding 2,250,000 2,350,000
Net asset value per share $ 36.49 $ 39.88
Market value per share [1] $ 36.56 $ 40.67
ProShares Ultra Silver [Member]    
Assets    
Cash $ 1,840,874 $ 1,113,594
Segregated cash balances with brokers for futures contracts 8,079 10,340
Segregated cash balances with brokers for forward agreements 8,448,000 3,343,000
Short-term U.S. government and agency obligations (Note 3) 212,508,884 235,581,716
Unrealized appreciation on forward agreements   21,735,334
Receivable on open futures contracts 1,570 2,220
Total assets 222,807,407 261,786,204
Liabilities    
Payable for capital shares redeemed   3,354,851
Payable to Sponsor 175,558 186,657
Unrealized depreciation on forward agreements 14,148,711  
Total liabilities 14,324,269 3,541,508
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 208,483,138 258,244,696
Total liabilities and shareholders' equity $ 222,807,407 $ 261,786,204
Shares outstanding 7,096,526 7,696,526
Net asset value per share $ 29.38 $ 33.55
Market value per share [1] $ 29.66 $ 33.85
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Assets    
Cash $ 76,593,664 $ 1,539,237
Segregated cash balances with brokers for futures contracts 207,972,298 87,211,683
Segregated cash balances with brokers for swap agreements 41,897,750  
Short-term U.S. government and agency obligations (Note 3) 42,998,148 287,533,132
Unrealized appreciation on swap agreements [2] 1,302,919  
Receivable from capital shares sold   516,930
Receivable on open futures contracts 11,391,946 17,578,451
Interest receivable 79,464  
Total assets 382,236,189 394,379,433
Liabilities    
Payable for capital shares redeemed 10,790,397  
Payable on open futures contracts 10,736,763  
Payable to Sponsor 359,071 344,292
Unrealized depreciation on swap agreements 1,038,439  
Total liabilities 22,924,670 344,292
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 359,311,519 394,035,141
Total liabilities and shareholders' equity $ 382,236,189 $ 394,379,433
Shares outstanding 29,327,238 38,127,238
Net asset value per share $ 12.25 $ 10.33
Market value per share [1] $ 12.34 $ 10.21
ProShares Ultra Yen [Member]    
Assets    
Cash $ 1,669,729 $ 903,472
Segregated cash balances with brokers for foreign currency forward contracts 251,000  
Short-term U.S. government and agency obligations (Note 3) 998,084 1,997,933
Unrealized appreciation on foreign currency forward contracts 311  
Interest receivable 207  
Total assets 2,919,331 2,901,405
Liabilities    
Payable to Sponsor 2,293 2,312
Unrealized depreciation on foreign currency forward contracts 24,570 34,824
Total liabilities 26,863 37,136
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 2,892,468 2,864,269
Total liabilities and shareholders' equity $ 2,919,331 $ 2,901,405
Shares outstanding 49,970 49,970
Net asset value per share $ 57.88 $ 57.32
Market value per share [1] $ 58.33 $ 57.45
ProShares UltraPro 3x Crude Oil ETF [Member]    
Assets    
Cash $ 34,725,311 $ 9,683,852
Segregated cash balances with brokers for futures contracts 5,506,798 1,285,048
Receivable on open futures contracts 600,653 289,395
Offering costs (Note 5)   52,846
Limitation by Sponsor   24,342
Total assets 40,832,762 11,335,483
Liabilities    
Payable to Sponsor 23,651  
Total liabilities 23,651  
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 40,809,111 11,335,483
Total liabilities and shareholders' equity $ 40,832,762 $ 11,335,483
Shares outstanding 650,000 300,008
Net asset value per share $ 62.78 $ 37.78
Market value per share $ 63.02 $ 37.23
ProShares UltraPro 3X Short Crude Oil ETF [Member]    
Assets    
Cash $ 17,787,247 $ 19,203,543
Segregated cash balances with brokers for futures contracts 2,927,955 2,396,625
Receivable from capital shares sold 1,931,847  
Offering costs (Note 5)   52,797
Limitation by Sponsor   35,309
Total assets 22,647,049 21,688,274
Liabilities    
Payable on open futures contracts 907,203 527,098
Payable to Sponsor 16,649  
Total liabilities 923,852 527,098
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 21,723,197 21,161,176
Total liabilities and shareholders' equity $ 22,647,049 $ 21,688,274
Shares outstanding 1,124,906 500,002
Net asset value per share [3] $ 19.31 $ 42.32
Market value per share [1],[3] $ 19.27 $ 42.88
ProShares UltraShort Australian Dollar [Member]    
Assets    
Cash $ 2,391,596 $ 1,297,022
Segregated cash balances with brokers for futures contracts 300,505 485,375
Short-term U.S. government and agency obligations (Note 3) 4,988,329 11,983,904
Interest receivable 221  
Total assets 7,680,651 13,766,301
Liabilities    
Payable on open futures contracts 97,119 52,950
Payable to Sponsor 5,768 11,249
Total liabilities 102,887 64,199
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 7,577,764 13,702,102
Total liabilities and shareholders' equity $ 7,680,651 $ 13,766,301
Shares outstanding 150,000 300,000
Net asset value per share $ 50.52 $ 45.67
Market value per share [1] $ 51.20 $ 45.72
ProShares Ultra Bloomberg Crude Oil [Member]    
Assets    
Cash $ 21,483,713 $ 1,532,748
Segregated cash balances with brokers for futures contracts 8,757,975 8,796,755
Segregated cash balances with brokers for swap agreements 6,124,000  
Short-term U.S. government and agency obligations (Note 3) 365,955,628 459,515,902
Unrealized appreciation on swap agreements 82,428,870 62,238,361
Receivable on open futures contracts 1,347,708 2,242,001
Interest receivable 38,701  
Total assets 486,136,595 534,325,767
Liabilities    
Payable for capital shares redeemed 30,522,439 9,464,420
Payable to Sponsor 339,221 415,821
Total liabilities 30,861,660 9,880,241
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 455,274,935 524,445,526
Total liabilities and shareholders' equity $ 486,136,595 $ 534,325,767
Shares outstanding 13,261,317 22,161,317
Net asset value per share $ 34.33 $ 23.66
Market value per share [1] $ 34.38 $ 23.44
ProShares Ultra Bloomberg Natural Gas [Member]    
Assets    
Cash $ 5,787,922 $ 4,417,324
Segregated cash balances with brokers for futures contracts 2,294,796 10,299,573
Short-term U.S. government and agency obligations (Note 3) 17,960,426 50,961,356
Receivable from capital shares sold   326,440
Receivable on open futures contracts   1,520,156
Interest receivable 6,310  
Total assets 26,049,454 67,524,849
Liabilities    
Payable for capital shares redeemed   4,211,794
Payable on open futures contracts 312,516  
Payable to Sponsor 21,340 44,105
Total liabilities 333,856 4,255,899
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 25,715,598 63,268,950
Total liabilities and shareholders' equity $ 26,049,454 $ 67,524,849
Shares outstanding 878,150 1,938,434
Net asset value per share [3] $ 29.28 $ 32.64
Market value per share [1],[3] $ 29.27 $ 32.50
ProShares UltraShort Euro [Member]    
Assets    
Cash $ 29,753,972 $ 1,255,895
Segregated cash balances with brokers for foreign currency forward contracts 3,038,000 3,038,000
Short-term U.S. government and agency obligations (Note 3) 141,652,985 204,770,166
Unrealized appreciation on foreign currency forward contracts 3,399,950 449,302
Interest receivable 37,642  
Total assets 177,882,549 209,513,363
Liabilities    
Payable to Sponsor 148,288 171,595
Unrealized depreciation on foreign currency forward contracts   6,793,571
Total liabilities 148,288 6,965,166
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 177,734,261 202,548,197
Total liabilities and shareholders' equity $ 177,882,549 $ 209,513,363
Shares outstanding 7,800,000 9,550,000
Net asset value per share $ 22.79 $ 21.21
Market value per share [1] $ 22.79 $ 21.20
ProShares UltraShort Gold [Member]    
Assets    
Cash $ 838,428 $ 1,026,645
Segregated cash balances with brokers for futures contracts 6,957 8,800
Segregated cash balances with brokers for forward agreements 194,000  
Short-term U.S. government and agency obligations (Note 3) 22,954,734 31,977,900
Unrealized appreciation on forward agreements 2,276,610  
Total assets 26,270,729 33,013,345
Liabilities    
Payable on open futures contracts 700 2,420
Payable to Sponsor 22,028 25,256
Unrealized depreciation on forward agreements   1,488,259
Total liabilities 22,728 1,515,935
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 26,248,001 31,497,410
Total liabilities and shareholders' equity $ 26,270,729 $ 33,013,345
Shares outstanding 346,978 446,978
Net asset value per share $ 75.65 $ 70.47
Market value per share [1] $ 75.39 $ 69.11
ProShares UltraShort Silver [Member]    
Assets    
Cash $ 1,038,924 $ 614,804
Segregated cash balances with brokers for futures contracts 8,078 10,340
Segregated cash balances with brokers for forward agreements 738,500 738,500
Short-term U.S. government and agency obligations (Note 3) 19,972,425 18,349,861
Unrealized appreciation on forward agreements 1,452,785  
Total assets 23,210,712 19,713,505
Liabilities    
Payable for capital shares redeemed   3,171,777
Payable on open futures contracts 1,570 2,220
Payable to Sponsor 16,362 17,086
Unrealized depreciation on forward agreements   1,716,163
Total liabilities 17,932 4,907,246
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 23,192,780 14,806,259
Total liabilities and shareholders' equity $ 23,210,712 $ 19,713,505
Shares outstanding 666,976 466,976
Net asset value per share $ 34.77 $ 31.71
Market value per share [1] $ 34.40 $ 31.40
ProShares UltraShort Yen [Member]    
Assets    
Cash $ 2,994,386 $ 1,582,684
Short-term U.S. government and agency obligations (Note 3) 80,837,136 131,834,352
Unrealized appreciation on foreign currency forward contracts 751,278 1,568,997
Interest receivable 284  
Total assets 84,583,084 134,986,033
Liabilities    
Payable for capital shares redeemed   3,759,983
Payable to Sponsor 67,579 106,863
Unrealized depreciation on foreign currency forward contracts 57,960 41,734
Total liabilities 125,539 3,908,580
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 84,457,545 131,077,453
Total liabilities and shareholders' equity $ 84,583,084 $ 134,986,033
Shares outstanding 1,149,290 1,749,290
Net asset value per share $ 73.49 $ 74.93
Market value per share [1] $ 73.44 $ 74.98
ProShares VIX Mid-Term Futures ETF [Member]    
Assets    
Cash $ 15,457,184 $ 1,639,958
Segregated cash balances with brokers for futures contracts 4,435,310 4,626,400
Short-term U.S. government and agency obligations (Note 3)   20,993,515
Receivable on open futures contracts 31,766 170,015
Interest receivable 17,457  
Total assets 19,941,717 27,429,888
Liabilities    
Payable for capital shares redeemed   1,058,309
Payable on open futures contracts 63,112  
Payable to Sponsor 13,913 23,631
Total liabilities 77,025 1,081,940
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 19,864,692 26,347,948
Total liabilities and shareholders' equity $ 19,941,717 $ 27,429,888
Shares outstanding 862,403 1,237,403
Net asset value per share $ 23.03 $ 21.29
Market value per share [1] $ 23.02 $ 21.15
ProShares VIX Short-Term Futures ETF [Member]    
Assets    
Cash $ 38,042,677 $ 1,850,632
Segregated cash balances with brokers for futures contracts 55,640,151 1,864,500
Short-term U.S. government and agency obligations (Note 3) 21,999,053 134,845,604
Receivable on open futures contracts 2,417,366 2,667,474
Interest receivable 34,133  
Total assets 118,133,380 141,228,210
Liabilities    
Payable for capital shares redeemed   3,431,713
Payable on open futures contracts 3,991,234  
Payable to Sponsor 44,216 54,937
Total liabilities 4,035,450 3,486,650
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 114,097,930 137,741,560
Total liabilities and shareholders' equity $ 118,133,380 $ 141,228,210
Shares outstanding 3,751,317 5,901,317
Net asset value per share $ 30.42 $ 23.34
Market value per share [1] $ 30.52 $ 23.15
[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] The positions and counterparties herein are as of June 30, 2018. The Funds continually evaluate different counterparties for their transactions and counterparties are subject to change. New counterparties can be added at any time.
[3] See Note 1 of these Notes to Financial Statements.