v3.21.1
Investments - Gross Amounts Not Offset in Statements of Financial Condition (Detail) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
ProShares Ultra Bloomberg Crude Oil [Member] | Goldman Sachs International [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition $ (7,714,941) $ 1,377,243
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 (1,281,309)
Cash Collateral for the Benefit of (the Funds) / the Counterparties 7,714,941 0
Net Amounts 0 95,934
ProShares Ultra Bloomberg Crude Oil [Member] | Morgan Stanley [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (14,480,061) 10,959,227
Financial Instruments for the Benefit of (the Funds) / the Counterparties 14,480,061 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 0 (10,629,000)
Net Amounts 0 330,227
ProShares Ultra Bloomberg Crude Oil [Member] | Societe Generale [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (7,452,971) 1,679,334
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 (1,679,334)
Cash Collateral for the Benefit of (the Funds) / the Counterparties 7,452,971 0
Net Amounts 0 0
ProShares Ultra Bloomberg Crude Oil [Member] | UBS AG [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (11,100,621) 4,226,391
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 (4,151,442)
Cash Collateral for the Benefit of (the Funds) / the Counterparties 11,100,621 (6,270)
Net Amounts 0 68,679
ProShares Ultra Euro [Member] | Goldman Sachs International [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (78,549) 22,950
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 78,549 0
Net Amounts 0 22,950
ProShares Ultra Euro [Member] | UBS AG [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (143,855) 65,786
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 143,855 0
Net Amounts 0 65,786
ProShares Ultra Gold [Member] | Citibank N.A. [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 2,121,049 1,770,050
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties (310,000) (1,670,000)
Net Amounts 1,811,049 100,050
ProShares Ultra Gold [Member] | Goldman Sachs International [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 1,832,931 1,529,612
Financial Instruments for the Benefit of (the Funds) / the Counterparties (259,558) (1,497,203)
Cash Collateral for the Benefit of (the Funds) / the Counterparties 0 0
Net Amounts 1,573,373 32,409
ProShares Ultra Gold [Member] | UBS AG [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 2,206,451 1,841,318
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties (330,000) 0
Net Amounts 1,876,451 1,841,318
ProShares Ultra Silver [Member] | Citibank N.A. [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (8,800,436) 18,010,776
Financial Instruments for the Benefit of (the Funds) / the Counterparties 8,800,436 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 0 (18,010,776)
Net Amounts 0 0
ProShares Ultra Silver [Member] | Goldman Sachs International [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (6,616,052) 12,930,574
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 (12,930,574)
Cash Collateral for the Benefit of (the Funds) / the Counterparties 6,616,052 0
Net Amounts 0 0
ProShares Ultra Silver [Member] | Morgan Stanley & Co. International PLC [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (6,918,147) 12,353,706
Financial Instruments for the Benefit of (the Funds) / the Counterparties 6,918,147 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 0 (12,353,706)
Net Amounts 0 0
ProShares Ultra Silver [Member] | UBS AG [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (6,086,368) 13,457,610
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 (4,126,610)
Cash Collateral for the Benefit of (the Funds) / the Counterparties 6,086,368 (9,331,000)
Net Amounts 0 0
ProShares Ultra VIX Short-Term Futures ETF [Member] | Goldman Sachs & Co. [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 0 (24,807)
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 0 24,807
Net Amounts 0 0
ProShares Ultra Yen [Member] | Goldman Sachs International [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (106,904) 34,265
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 106,904 0
Net Amounts 0 34,265
ProShares Ultra Yen [Member] | UBS AG [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (82,098) 32,822
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 82,098 0
Net Amounts 0 32,822
ProShares UltraShort Euro [Member] | Goldman Sachs International [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 1,328,784 (388,233)
Financial Instruments for the Benefit of (the Funds) / the Counterparties (1,154,554) 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 0 388,233
Net Amounts 174,230 0
ProShares UltraShort Euro [Member] | UBS AG [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 1,925,909 (748,471)
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 748,471
Cash Collateral for the Benefit of (the Funds) / the Counterparties (1,700,000) 0
Net Amounts 225,909 0
ProShares UltraShort Gold [Member] | Citibank N.A. [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (291,552) (80,068)
Financial Instruments for the Benefit of (the Funds) / the Counterparties 156,152 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 135,400 80,068
Net Amounts 0 0
ProShares UltraShort Gold [Member] | Goldman Sachs International [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (301,800) (82,645)
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 301,800 82,645
Net Amounts 0 0
ProShares UltraShort Gold [Member] | UBS AG [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition (92,116) (106,015)
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 92,116 106,015
Net Amounts 0 0
ProShares UltraShort Silver [Member] | Citibank N.A. [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 248,259 (1,208,988)
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties (248,259) 1,208,988
Net Amounts 0 0
ProShares UltraShort Silver [Member] | Goldman Sachs International [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 135,199 (927,829)
Financial Instruments for the Benefit of (the Funds) / the Counterparties (135,199) 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 0 927,829
Net Amounts 0 0
ProShares UltraShort Silver [Member] | Morgan Stanley & Co. International PLC [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 259,594 (579,421)
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties (259,594) 579,421
Net Amounts 0 0
ProShares UltraShort Silver [Member] | UBS AG [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 128,181 (481,323)
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties (128,181) 481,323
Net Amounts 0 0
ProShares UltraShort Yen [Member] | Goldman Sachs International [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 645,892 (207,021)
Financial Instruments for the Benefit of (the Funds) / the Counterparties (597,669) 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties 0 207,021
Net Amounts 48,223 0
ProShares UltraShort Yen [Member] | UBS AG [Member]    
Cash Collateral for the Benefit of (the Funds) / the Counterparties    
Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition 1,690,031 (357,945)
Financial Instruments for the Benefit of (the Funds) / the Counterparties 0 0
Cash Collateral for the Benefit of (the Funds) / the Counterparties (1,510,000) 357,945
Net Amounts $ 180,031 $ 0