v3.21.1
Investments - Fair Value of Derivative Instruments (Detail) - Not Designated as Hedging Instrument [Member] - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1] $ 322,651,846 $ 280,082,746
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 509,137,004 76,613,676
VIX Futures Contracts [Member] | Payable on open futures contracts, unrealized depreciation on swap agreements [Member] | ProShares Ultra VIX Short-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 332,928,249 48,549,473
VIX Futures Contracts [Member] | Payable on open futures contracts, unrealized depreciation on swap agreements [Member] | ProShares VIX Mid-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 9,410,288 1,281,531
VIX Futures Contracts [Member] | Payable on open futures contracts, unrealized depreciation on swap agreements [Member] | ProShares VIX Short-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 59,803,004 6,364,090
VIX Futures Contracts [Member] | Receivables on open futures contracts, unrealized appreciation on swap agreements [Member] | ProShares Short VIX Short-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1] 50,470,675 8,348,783
VIX Futures Contracts [Member] | Receivables on open futures contracts, unrealized appreciation on swap agreements [Member] | ProShares VIX Mid-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1]   147,915
Commodity Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares UltraShort Bloomberg Crude Oil [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 9,469,307 14,636,813
Commodity Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares UltraShort Gold [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 685,467 465,658
Commodity Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares UltraShort Silver [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1]   3,417,637
Commodity Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares Ultra Bloomberg Crude Oil [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 41,086,983  
Commodity Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares Ultra Bloomberg Natural Gas [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 11,300,062  
Commodity Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares Ultra Silver [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 43,822,824  
Commodity Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares UltraShort Bloomberg Crude Oil [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1] 469,128  
Commodity Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares UltraShort Bloomberg Natural Gas [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1] 16,272,857 379,310
Commodity Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares UltraShort Gold [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1] 39,145  
Commodity Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares UltraShort Silver [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1] 4,048,127  
Commodity Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Bloomberg Crude Oil [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1] 238,887,300 162,806,234
Commodity Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Bloomberg Natural Gas [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1]   6,500,721
Commodity Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Gold [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1] 6,553,555 7,787,854
Commodity Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Silver [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1]   93,942,878
Foreign Exchange Contracts [Member] | Unrealized Depreciation on Foreign Currency Forward Contracts, and/or Payable on Open Futures Contracts [Member] | ProShares Short Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1]   44,626
Foreign Exchange Contracts [Member] | Unrealized Depreciation on Foreign Currency Forward Contracts, and/or Payable on Open Futures Contracts [Member] | ProShares Ultra Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation 226,734 367
Foreign Exchange Contracts [Member] | Unrealized Depreciation on Foreign Currency Forward Contracts, and/or Payable on Open Futures Contracts [Member] | ProShares UltraShort Australian Dollar [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1]   138,950
Foreign Exchange Contracts [Member] | Unrealized Depreciation on Foreign Currency Forward Contracts, and/or Payable on Open Futures Contracts [Member] | ProShares Ultra Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation 192,043 148
Foreign Exchange Contracts [Member] | Unrealized Depreciation on Foreign Currency Forward Contracts, and/or Payable on Open Futures Contracts [Member] | ProShares UltraShort Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation 181,875 1,142,409
Foreign Exchange Contracts [Member] | Unrealized Depreciation on Foreign Currency Forward Contracts, and/or Payable on Open Futures Contracts [Member] | ProShares UltraShort Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation 30,168 571,974
Foreign Exchange Contracts [Member] | Unrealized Appreciation on Foreign Currency Forward Contracts, and/or Receivables on Open Futures Contracts [Member] | ProShares Short Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1] 33,928  
Foreign Exchange Contracts [Member] | Unrealized Appreciation on Foreign Currency Forward Contracts, and/or Receivables on Open Futures Contracts [Member] | ProShares Ultra Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation 4,330 89,103
Foreign Exchange Contracts [Member] | Unrealized Appreciation on Foreign Currency Forward Contracts, and/or Receivables on Open Futures Contracts [Member] | ProShares UltraShort Australian Dollar [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1] 67,102  
Foreign Exchange Contracts [Member] | Unrealized Appreciation on Foreign Currency Forward Contracts, and/or Receivables on Open Futures Contracts [Member] | ProShares Ultra Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation 3,041 67,235
Foreign Exchange Contracts [Member] | Unrealized Appreciation on Foreign Currency Forward Contracts, and/or Receivables on Open Futures Contracts [Member] | ProShares UltraShort Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation 3,436,568 5,705
Foreign Exchange Contracts [Member] | Unrealized Appreciation on Foreign Currency Forward Contracts, and/or Receivables on Open Futures Contracts [Member] | ProShares UltraShort Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation $ 2,366,090 $ 7,008
[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.