v3.22.2
Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flow from operating activities    
Net income (loss) [1] $ 890,434,730 $ (1,059,480,728)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations [1] (11,579,158,324) (5,451,274,846)
Proceeds from sales or maturities of short-term U.S. government and agency obligations [1] 12,000,836,596 4,024,989,152
Net amortization and accretion on short-term U.S. government and agency obligations [1] (3,419,714) (563,137)
Net realized (gain) loss on investments [1] 192,879 (21,898)
Change in unrealized (appreciation) depreciation on investments [1] 327,244,055 126,701,121
Decrease (Increase) in securities sold receivable [1] (318,333,532) 964,203
Decrease (Increase) in receivable on open futures contracts [1] (872,124) (19,482)
Increase (Decrease) in payable to Sponsor [1] 557,811 (104,518)
Increase (Decrease) in brokerage commissions and futures account fees payable [1] (331,006) (154,311)
Increase (Decrease) in payable on open futures contracts [1] 25,823,690 (9,525,111)
Increase (Decrease) in non-recurring fees and expenses payable [1] 0 167,040,817
Net cash provided by (used in) operating activities [1] 1,342,975,061 (2,201,448,738)
Cash flow from financing activities    
Proceeds from addition of shares [1] 5,625,888,021 3,970,199,298
Payment on shares redeemed [1] (6,100,935,295) (2,975,566,551)
Net cash provided by (used in) financing activities [1] (475,047,274) 994,632,747
Net increase (decrease) in cash [1] 867,927,787 (1,206,815,991)
Cash, beginning of period [1] 1,408,701,238 3,256,463,457
Cash, end of period [1] 2,276,629,025 2,049,647,466
ProShares Short VIX Short-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) (86,817,115) 159,055,299
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (569,767,938) (371,956,927)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 565,832,801 237,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (206,220) (32,691)
Net realized (gain) loss on investments 86,512 0
Change in unrealized (appreciation) depreciation on investments 452,209 14,495
Decrease (Increase) in receivable on open futures contracts (6,253,293) (11,016,780)
Decrease (Increase) in interest receivable (73,181) 1,167
Increase (Decrease) in payable to Sponsor (2,886) 124,617
Increase (Decrease) in brokerage commissions and futures account fees payable (92,191) 20,038
Increase (Decrease) in payable on open futures contracts 1,735,890 4,589,992
Net cash provided by (used in) operating activities (95,105,412) 17,799,210
Cash flow from financing activities    
Proceeds from addition of shares 232,437,331 119,612,942
Payment on shares redeemed (171,912,984) (99,423,763)
Net cash provided by (used in) financing activities 60,524,347 20,189,179
Net increase (decrease) in cash (34,581,065) 37,988,389
Cash, beginning of period 183,010,984 266,579,220
Cash, end of period 148,429,919 304,567,609
ProShares Ultra Bloomberg Crude Oil [Member]    
Cash flow from operating activities    
Net income (loss) 851,194,413 841,841,816
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (4,782,347,856) (1,692,766,532)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 5,104,987,142 980,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (1,304,714) (158,785)
Net realized (gain) loss on investments 7,789 0
Change in unrealized (appreciation) depreciation on investments 217,207,370 (21,466,224)
Decrease (Increase) in receivable on open futures contracts 0 (4,050,185)
Decrease (Increase) in interest receivable (210,318) (38,568)
Increase (Decrease) in payable to Sponsor 174,702 246,994
Increase (Decrease) in brokerage commissions and futures account fees payable (12,077) 22,929
Increase (Decrease) in payable on open futures contracts (4,104,319) 0
 Increase (Decrease) in securities purchased payable 0 149,968,500
Net cash provided by (used in) operating activities 1,385,592,132 253,599,945
Cash flow from financing activities    
Proceeds from addition of shares 402,736,686 177,252,853
Payment on shares redeemed (1,276,766,479) (621,930,951)
Net cash provided by (used in) financing activities (874,029,793) (444,678,098)
Net increase (decrease) in cash 511,562,339 (191,078,153)
Cash, beginning of period 217,287,389 667,259,596
Cash, end of period 728,849,728 476,181,443
ProShares Ultra Bloomberg Natural Gas [Member]    
Cash flow from operating activities    
Net income (loss) 53,704,534 56,400,765
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (520,892,453) (118,983,722)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 505,991,302 118,999,676
Net amortization and accretion on short-term U.S. government and agency obligations (119,696) (13,040)
Net realized (gain) loss on investments 3,452 (551)
Change in unrealized (appreciation) depreciation on investments 199,929 972
Decrease (Increase) in receivable on open futures contracts 20,455,330 13,775,851
Decrease (Increase) in interest receivable (38,738) 2,763
Increase (Decrease) in payable to Sponsor 68,086 (91,354)
Increase (Decrease) in brokerage commissions and futures account fees payable (57,121) 296
Increase (Decrease) in payable on open futures contracts 26,800,768 210,440
Net cash provided by (used in) operating activities 86,115,393 70,302,096
Cash flow from financing activities    
Proceeds from addition of shares 638,028,828 90,187,414
Payment on shares redeemed (691,677,317) (257,307,869)
Net cash provided by (used in) financing activities (53,648,489) (167,120,455)
Net increase (decrease) in cash 32,466,904 (96,818,359)
Cash, beginning of period 54,135,725 137,292,722
Cash, end of period 86,602,629 40,474,363
ProShares Ultra Euro [Member]    
Cash flow from operating activities    
Net income (loss) (1,337,265) (274,673)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (5,984,289) (2,999,505)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 2,290,249 2,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (9,602) (473)
Net realized (gain) loss on investments 5,949 0
Change in unrealized (appreciation) depreciation on investments 419,715 324,271
Decrease (Increase) in interest receivable (1,382) 40
Increase (Decrease) in payable to Sponsor 2,121 (586)
Net cash provided by (used in) operating activities (4,614,504) (950,926)
Cash flow from financing activities    
Proceeds from addition of shares 6,368,822 1,488,793
Payment on shares redeemed (4,275,026) (1,548,903)
Net cash provided by (used in) financing activities 2,093,796 (60,110)
Net increase (decrease) in cash (2,520,708) (1,011,036)
Cash, beginning of period 7,582,458 4,652,092
Cash, end of period 5,061,750 3,641,056
ProShares Ultra Gold [Member]    
Cash flow from operating activities    
Net income (loss) (20,969,143) (41,601,961)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (704,533,509) (422,955,514)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 704,000,000 281,999,771
Net amortization and accretion on short-term U.S. government and agency obligations (377,637) (35,590)
Net realized (gain) loss on investments 0 (245)
Change in unrealized (appreciation) depreciation on investments 15,262,065 27,808,219
Decrease (Increase) in receivable on open futures contracts 944,644 (520,982)
Decrease (Increase) in interest receivable (31,715) 4,321
Increase (Decrease) in payable to Sponsor 24,571 (13,610)
Increase (Decrease) in brokerage commissions and futures account fees payable (4,034) 4,167
Increase (Decrease) in payable on open futures contracts 1,022,544 0
Net cash provided by (used in) operating activities (4,662,214) (155,311,424)
Cash flow from financing activities    
Proceeds from addition of shares 102,257,715 40,405,473
Payment on shares redeemed (71,305,703) (38,758,339)
Net cash provided by (used in) financing activities 30,952,012 1,647,134
Net increase (decrease) in cash 26,289,798 (153,664,290)
Cash, beginning of period 15,422,082 183,452,109
Cash, end of period 41,711,880 29,787,819
ProShares Ultra Silver [Member]    
Cash flow from operating activities    
Net income (loss) (149,554,308) (68,237,816)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (1,255,430,782) (1,149,854,685)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 1,416,997,680 804,999,794
Net amortization and accretion on short-term U.S. government and agency obligations (497,182) (125,027)
Net realized (gain) loss on investments 1,164 (191)
Change in unrealized (appreciation) depreciation on investments 101,347,558 133,918,115
Decrease (Increase) in receivable on open futures contracts 1,384,919 (1,452,315)
Decrease (Increase) in interest receivable (55,579) 4,936
Increase (Decrease) in payable to Sponsor (78,578) 4,844
Increase (Decrease) in brokerage commissions and futures account fees payable (9,833) 17,899
Increase (Decrease) in payable on open futures contracts 2,248,743 (2,312,939)
Net cash provided by (used in) operating activities 116,353,802 (283,037,385)
Cash flow from financing activities    
Proceeds from addition of shares 64,418,960 166,773,794
Payment on shares redeemed (79,464,840) (182,061,279)
Net cash provided by (used in) financing activities (15,045,880) (15,287,485)
Net increase (decrease) in cash 101,307,922 (298,324,870)
Cash, beginning of period 25,488,503 446,401,960
Cash, end of period 126,796,425 148,077,090
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) 526,552,733 (1,611,315,344)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (1,476,792,269) (921,859,566)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 1,454,556,289 956,989,987
Net amortization and accretion on short-term U.S. government and agency obligations (252,157) (111,822)
Net realized (gain) loss on investments 353,166 (20,657)
Change in unrealized (appreciation) depreciation on investments 66,810 (15,845)
Decrease (Increase) in securities sold receivable (225,561,488) 3,699,493
Decrease (Increase) in receivable on open futures contracts (193,393) 3,866
Increase (Decrease) in payable to Sponsor 126,268 (385,457)
Increase (Decrease) in brokerage commissions and futures account fees payable (96,420) (230,052)
Increase (Decrease) in payable on open futures contracts (9,447,456) (15,175,224)
 Increase (Decrease) in securities purchased payable 0 17,072,317
Net cash provided by (used in) operating activities 269,312,083 (1,571,348,304)
Cash flow from financing activities    
Proceeds from addition of shares 1,969,293,116 2,417,278,189
Payment on shares redeemed (2,339,021,779) (1,277,796,229)
Net cash provided by (used in) financing activities (369,728,663) 1,139,481,960
Net increase (decrease) in cash (100,416,580) (431,866,344)
Cash, beginning of period 572,120,879 1,069,671,996
Cash, end of period 471,704,299 637,805,652
ProShares Ultra Yen [Member]    
Cash flow from operating activities    
Net income (loss) (877,409) (429,151)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (995,769) (1,499,740)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 1,548 500,000
Net amortization and accretion on short-term U.S. government and agency obligations (2,342) (173)
Net realized (gain) loss on investments (1,548) 0
Change in unrealized (appreciation) depreciation on investments (10,820) 137,429
Decrease (Increase) in interest receivable (1,269) 44
Increase (Decrease) in payable to Sponsor 1,139 (346)
Net cash provided by (used in) operating activities (1,886,470) (1,291,937)
Cash flow from financing activities    
Proceeds from addition of shares 3,539,333 0
Net cash provided by (used in) financing activities 3,539,333 0
Net increase (decrease) in cash 1,652,863 (1,291,937)
Cash, beginning of period 2,457,820 2,924,696
Cash, end of period 4,110,683 1,632,759
ProShares UltraShort Bloomberg Crude Oil [Member]    
Cash flow from operating activities    
Net income (loss) (173,825,610) (80,006,699)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (988,742,468) (92,987,219)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 812,000,000 60,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (217,252) (9,935)
Change in unrealized (appreciation) depreciation on investments 240,137 784
Decrease (Increase) in receivable on open futures contracts (28,947,961) 32,573
Decrease (Increase) in interest receivable (98,456) 1,820
Increase (Decrease) in payable to Sponsor 264,125 (22,244)
Increase (Decrease) in brokerage commissions and futures account fees payable 4,674 12,516
Increase (Decrease) in payable on open futures contracts 11,507,191 242,424
Net cash provided by (used in) operating activities (367,815,620) (112,735,980)
Cash flow from financing activities    
Proceeds from addition of shares 788,890,799 107,484,439
Payment on shares redeemed (228,075,487) (44,916,914)
Net cash provided by (used in) financing activities 560,815,312 62,567,525
Net increase (decrease) in cash 192,999,692 (50,168,455)
Cash, beginning of period 54,443,553 97,113,373
Cash, end of period 247,443,245 46,944,918
ProShares UltraShort Bloomberg Natural Gas [Member]    
Cash flow from operating activities    
Net income (loss) (258,526,934) (35,037,559)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (346,906,626) (94,989,543)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 410,859,860 64,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (110,657) (7,481)
Net realized (gain) loss on investments 58,809 0
Change in unrealized (appreciation) depreciation on investments 342,034 1,241
Decrease (Increase) in receivable on open futures contracts (43,089,309) 0
Decrease (Increase) in interest receivable (35,299) (1,297)
Increase (Decrease) in payable to Sponsor (37,097) 43,211
Increase (Decrease) in brokerage commissions and futures account fees payable (35,587) 9,927
Increase (Decrease) in payable on open futures contracts (1,699,127) 469,496
Net cash provided by (used in) operating activities (239,179,933) (65,512,005)
Cash flow from financing activities    
Proceeds from addition of shares 944,035,742 235,963,431
Payment on shares redeemed (706,724,583) (130,982,494)
Net cash provided by (used in) financing activities 237,311,159 104,980,937
Net increase (decrease) in cash (1,868,774) 39,468,932
Cash, beginning of period 113,000,927 19,147,382
Cash, end of period 111,132,153 58,616,314
ProShares UltraShort Euro [Member]    
Cash flow from operating activities    
Net income (loss) 8,916,742 2,929,925
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (44,986,222) (69,991,234)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 72,210,974 52,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (32,410) (6,372)
Net realized (gain) loss on investments (210,974) 0
Change in unrealized (appreciation) depreciation on investments (3,308,479) (3,881,067)
Decrease (Increase) in interest receivable (17,256) 970
Increase (Decrease) in payable to Sponsor 6,691 (7,018)
Net cash provided by (used in) operating activities 32,579,066 (18,954,796)
Cash flow from financing activities    
Proceeds from addition of shares 16,028,063 4,613,244
Payment on shares redeemed (16,937,753) (11,676,068)
Net cash provided by (used in) financing activities (909,690) (7,062,824)
Net increase (decrease) in cash 31,669,376 (26,017,620)
Cash, beginning of period 7,554,065 44,132,228
Cash, end of period 39,223,441 18,114,608
ProShares UltraShort Gold [Member]    
Cash flow from operating activities    
Net income (loss) 447,535 505,094
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (17,987,491) (30,995,460)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 29,999,990 18,999,936
Net amortization and accretion on short-term U.S. government and agency obligations (21,000) (2,843)
Net realized (gain) loss on investments (4) (169)
Change in unrealized (appreciation) depreciation on investments (1,665,247) (2,843,331)
Decrease (Increase) in receivable on open futures contracts (5,100) 1,317
Decrease (Increase) in interest receivable (6,385) 89
Increase (Decrease) in payable to Sponsor (1,526) 4,798
Increase (Decrease) in brokerage commissions and futures account fees payable (294) 406
Increase (Decrease) in payable on open futures contracts (77,583) 81,805
Net cash provided by (used in) operating activities 10,682,895 (14,248,358)
Cash flow from financing activities    
Proceeds from addition of shares 32,164,882 37,362,906
Payment on shares redeemed (26,440,661) (25,370,362)
Net cash provided by (used in) financing activities 5,724,221 11,992,544
Net increase (decrease) in cash 16,407,116 (2,255,814)
Cash, beginning of period 1,990,354 20,633,371
Cash, end of period 18,397,470 18,377,557
ProShares UltraShort Silver [Member]    
Cash flow from operating activities    
Net income (loss) 7,568,168 (2,444,778)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (20,979,051) (39,995,436)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 30,999,081 22,999,988
Net amortization and accretion on short-term U.S. government and agency obligations (21,212) (3,358)
Net realized (gain) loss on investments 190 (85)
Change in unrealized (appreciation) depreciation on investments (3,778,567) (6,049,224)
Decrease (Increase) in receivable on open futures contracts (176,048) 38,813
Decrease (Increase) in interest receivable (4,807) 304
Increase (Decrease) in payable to Sponsor (9,072) (3,427)
Increase (Decrease) in brokerage commissions and futures account fees payable (747) 620
Increase (Decrease) in payable on open futures contracts (5,840) (80,422)
Net cash provided by (used in) operating activities 13,592,095 (25,537,005)
Cash flow from financing activities    
Proceeds from addition of shares 41,679,928 65,182,313
Payment on shares redeemed (44,319,889) (56,763,547)
Net cash provided by (used in) financing activities (2,639,961) 8,418,766
Net increase (decrease) in cash 10,952,134 (17,118,239)
Cash, beginning of period 5,483,476 32,155,049
Cash, end of period 16,435,610 15,036,810
ProShares UltraShort Yen [Member]    
Cash flow from operating activities    
Net income (loss) 9,054,160 3,982,091
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (17,984,733) (33,495,479)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 28,102,971 21,500,000
Net amortization and accretion on short-term U.S. government and agency obligations (20,093) (3,456)
Net realized (gain) loss on investments (102,971) 0
Change in unrealized (appreciation) depreciation on investments (70,535) (1,256,265)
Decrease (Increase) in interest receivable (12,261) 184
Increase (Decrease) in payable to Sponsor 11,416 1,932
Net cash provided by (used in) operating activities 18,977,954 (9,270,993)
Cash flow from financing activities    
Proceeds from addition of shares 44,120,719 7,132,412
Payment on shares redeemed (32,446,781) (7,573,825)
Net cash provided by (used in) financing activities 11,673,938 (441,413)
Net increase (decrease) in cash 30,651,892 (9,712,406)
Cash, beginning of period 3,003,251 24,274,564
Cash, end of period 33,655,143 14,562,158
ProShares VIX Mid-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) 15,736,123 (16,001,662)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (51,992,010) (72,990,517)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 105,998,548 93,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (45,127) (8,188)
Net realized (gain) loss on investments 336 0
Change in unrealized (appreciation) depreciation on investments 186,220 2,121
Decrease (Increase) in receivable on open futures contracts (752,378) 136,487
Decrease (Increase) in interest receivable (21,835) (1,364)
Increase (Decrease) in payable to Sponsor (20,792) 7,645
Increase (Decrease) in brokerage commissions and futures account fees payable (7,124) 2,100
Increase (Decrease) in payable on open futures contracts (94,495) 102,601
Net cash provided by (used in) operating activities 68,987,466 4,249,223
Cash flow from financing activities    
Proceeds from addition of shares 32,179,053 48,084,371
Payment on shares redeemed (65,069,585) (13,936,725)
Net cash provided by (used in) financing activities (32,890,532) 34,147,646
Net increase (decrease) in cash 36,096,934 38,396,869
Cash, beginning of period 27,071,819 27,802,834
Cash, end of period 63,168,753 66,199,703
ProShares VIX Short-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) 108,740,513 (269,042,127)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (772,834,858) (330,954,205)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 753,998,870 308,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (182,283) (43,465)
Net realized (gain) loss on investments 300 0
Change in unrealized (appreciation) depreciation on investments 353,650 5,430
Decrease (Increase) in receivable on open futures contracts (36,332,848) 317,767
Decrease (Increase) in interest receivable (70,359) 1,122
Increase (Decrease) in payable to Sponsor 32,486 (12,148)
Increase (Decrease) in brokerage commissions and futures account fees payable (20,252) (15,157)
Increase (Decrease) in payable on open futures contracts (2,037,391) 2,355,834
Net cash provided by (used in) operating activities 51,647,828 (289,386,949)
Cash flow from financing activities    
Proceeds from addition of shares 305,395,083 451,376,724
Payment on shares redeemed (339,097,830) (203,372,471)
Net cash provided by (used in) financing activities (33,702,747) 248,004,253
Net increase (decrease) in cash 17,945,081 (41,382,696)
Cash, beginning of period 115,960,816 206,562,147
Cash, end of period $ 133,905,897 $ 165,179,451
[1] The operations include the activity of ProShares Short Euro ETF and ProShares UltraShort Australian Dollar ETF through May 12, 2022, the date of liquidation.