v3.21.1
Significant Accounting Policies - Valuation of Investments using Fair Value Hierarchy (Detail) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure $ 1,840,450,492 $ 1,238,455,454
ProShares Short Euro [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 1,033,901 (44,626)
ProShares Short VIX Short-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 142,469,135 78,348,422
ProShares Ultra Bloomberg Crude Oil [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 887,776,906 382,804,628
ProShares Ultra Bloomberg Natural Gas [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 22,699,048 36,500,610
ProShares Ultra Euro [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 777,569 88,736
ProShares Ultra Gold [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 93,552,448 82,787,321
ProShares Ultra Silver [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 376,163,013 338,936,867
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 44,056,924 196,446,496
ProShares Ultra Yen [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 310,984 67,087
ProShares UltraShort Australian Dollar [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 67,102 (138,950)
ProShares UltraShort Bloomberg Crude Oil [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 25,998,903 (14,636,813)
ProShares UltraShort Bloomberg Natural Gas [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 60,271,658 10,379,171
ProShares UltraShort Euro [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 21,254,229 8,863,157
ProShares UltraShort Gold [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 12,353,275 (465,658)
ProShares UltraShort Silver [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 19,047,747 (3,417,637)
ProShares UltraShort Yen [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 16,835,557 (564,966)
ProShares VIX Mid-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 22,588,865 43,866,116
ProShares VIX Short-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 93,193,228 78,635,493
Level I - Quoted Prices [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 2,026,935,650 1,034,986,384
Level I - Quoted Prices [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] (128,740,966) 128,370,172
Level I - Quoted Prices [Member] | ProShares Short Euro [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 999,973  
Level I - Quoted Prices [Member] | ProShares Short Euro [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] 33,928 (44,626)
Level I - Quoted Prices [Member] | ProShares Short VIX Short-Term Futures ETF [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 91,998,460 69,999,639
Level I - Quoted Prices [Member] | ProShares Short VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] 50,470,675 8,348,783
Level I - Quoted Prices [Member] | ProShares Ultra Bloomberg Crude Oil [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 689,976,589 219,998,394
Level I - Quoted Prices [Member] | ProShares Ultra Bloomberg Crude Oil [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] 238,548,911 144,564,039
Level I - Quoted Prices [Member] | ProShares Ultra Bloomberg Natural Gas [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 33,999,110 29,999,889
Level I - Quoted Prices [Member] | ProShares Ultra Bloomberg Natural Gas [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] (11,300,062) 6,500,721
Level I - Quoted Prices [Member] | ProShares Ultra Euro [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 999,973  
Level I - Quoted Prices [Member] | ProShares Ultra Gold [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 86,998,893 74,999,467
Level I - Quoted Prices [Member] | ProShares Ultra Gold [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] 393,125 2,646,874
Level I - Quoted Prices [Member] | ProShares Ultra Silver [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 419,985,837 244,993,989
Level I - Quoted Prices [Member] | ProShares Ultra Silver [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] (15,401,821) 37,190,212
Level I - Quoted Prices [Member] | ProShares Ultra VIX Short-Term Futures ETF [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 376,985,173 244,995,969
Level I - Quoted Prices [Member] | ProShares Ultra VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] (332,928,249) (48,524,666)
Level I - Quoted Prices [Member] | ProShares Ultra Yen [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 499,986  
Level I - Quoted Prices [Member] | ProShares UltraShort Australian Dollar [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] 67,102 (138,950)
Level I - Quoted Prices [Member] | ProShares UltraShort Bloomberg Crude Oil [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 34,999,082  
Level I - Quoted Prices [Member] | ProShares UltraShort Bloomberg Crude Oil [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] (9,000,179) (14,636,813)
Level I - Quoted Prices [Member] | ProShares UltraShort Bloomberg Natural Gas [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 43,998,801 9,999,861
Level I - Quoted Prices [Member] | ProShares UltraShort Bloomberg Natural Gas [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] 16,272,857 379,310
Level I - Quoted Prices [Member] | ProShares UltraShort Euro [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 17,999,536 9,999,861
Level I - Quoted Prices [Member] | ProShares UltraShort Gold [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 12,999,597  
Level I - Quoted Prices [Member] | ProShares UltraShort Gold [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] 39,145 (196,930)
Level I - Quoted Prices [Member] | ProShares UltraShort Silver [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 14,999,620  
Level I - Quoted Prices [Member] | ProShares UltraShort Silver [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] 3,276,894 (220,076)
Level I - Quoted Prices [Member] | ProShares UltraShort Yen [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 14,499,635  
Level I - Quoted Prices [Member] | ProShares VIX Mid-Term Futures ETF [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 31,999,153 44,999,732
Level I - Quoted Prices [Member] | ProShares VIX Mid-Term Futures ETF [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] (9,410,288) (1,133,616)
Level I - Quoted Prices [Member] | ProShares VIX Short-Term Futures ETF [Member] | Short-Term U.S. Government and Agencies [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 152,996,232 84,999,583
Level I - Quoted Prices [Member] | ProShares VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] (59,803,004) (6,364,090)
Level II - Other Significant Observable Inputs [Member] | Foreign Currency Forward Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 5,179,209 (1,545,847)
Level II - Other Significant Observable Inputs [Member] | Swap Agreements [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (62,923,401) 76,644,745
Level II - Other Significant Observable Inputs [Member] | ProShares Ultra Bloomberg Crude Oil [Member] | Swap Agreements [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (40,748,594) 18,242,195
Level II - Other Significant Observable Inputs [Member] | ProShares Ultra Euro [Member] | Foreign Currency Forward Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (222,404) 88,736
Level II - Other Significant Observable Inputs [Member] | ProShares Ultra Gold [Member] | Swap Agreements [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 6,160,430 5,140,980
Level II - Other Significant Observable Inputs [Member] | ProShares Ultra Silver [Member] | Swap Agreements [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (28,421,003) 56,752,666
Level II - Other Significant Observable Inputs [Member] | ProShares Ultra VIX Short-Term Futures ETF [Member] | Swap Agreements [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure   (24,807)
Level II - Other Significant Observable Inputs [Member] | ProShares Ultra Yen [Member] | Foreign Currency Forward Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (189,002) 67,087
Level II - Other Significant Observable Inputs [Member] | ProShares UltraShort Euro [Member] | Foreign Currency Forward Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 3,254,693 (1,136,704)
Level II - Other Significant Observable Inputs [Member] | ProShares UltraShort Gold [Member] | Swap Agreements [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (685,467) (268,728)
Level II - Other Significant Observable Inputs [Member] | ProShares UltraShort Silver [Member] | Swap Agreements [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 771,233 (3,197,561)
Level II - Other Significant Observable Inputs [Member] | ProShares UltraShort Yen [Member] | Foreign Currency Forward Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure $ 2,335,922 $ (564,966)
[1] Includes cumulative appreciation (depreciation) of futures contracts as reported in the Schedule of Investments. Only current day’s variation margin is reported within the Statements of Financial Condition in receivable/payable on open futures.