v3.24.0.1

Financial Highlights - Per Share Operating Performance (Detail) - $ / shares | 12 Months Ended
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Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
ProShares Short Euro [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  |  |  | $ 44.91 |  | $ 41.92 |
Net investment income (loss) |  |  |  |  |  | (0.39) |
Net realized and unrealized gain (loss) | [1] |  |  |  |  | 3.38 |
Change in net asset value from operations |  |  |  |  |  | 2.99 |
Net asset value, ending balance |  |  |  |  |  | 44.91 |
Market value per share, beginning balance | [2] |  |  | 44.92 |  | 41.35 |
Market value per share, ending balance | [2] |  |  |  |  | $ 44.92 |
Total Return, at net asset value |  |  |  |  |  | 7.10% |
Total Return, at market value |  |  |  |  |  | 8.60% |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio | [3] |  |  |  |  | 0.97% |
Net investment income gain (loss) |  |  |  |  |  | (0.91%) |
ProShares Short VIX Short-Term Futures ETF [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 58.71 |  | 61.56 |  | $ 41.42 |
Net investment income (loss) |  | 2.11 |  | (0.19) |  | (0.68) |
Net realized and unrealized gain (loss) | [1] | 42.57 |  | (2.66) |  | 20.82 |
Change in net asset value from operations |  | 44.68 |  | (2.85) |  | 20.14 |
Net asset value, ending balance |  | 103.39 |  | 58.71 |  | 61.56 |
Market value per share, beginning balance | [2] | 58.68 |  | 61.55 |  | 41.44 |
Market value per share, ending balance | [2] | $ 103.4 |  | $ 58.68 |  | $ 61.55 |
Total Return, at net asset value |  | 76.10% |  | (4.60%) |  | 48.60% |
Total Return, at market value |  | 76.20% |  | (4.70%) |  | 48.50% |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio | [3] | 1.16% |  | 1.21% |  | 1.36% |
Net investment income gain (loss) |  | 2.74% |  | (0.35%) |  | (1.34%) |
ProShares Ultra Bloomberg Crude Oil [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 30.26 |  | $ 21.54 |  | $ 9.1 |
Net investment income (loss) |  | 0.6 |  | (0.08) |  | (0.18) |
Net realized and unrealized gain (loss) | [1] | (4.58) |  | 8.8 |  | 12.62 |
Change in net asset value from operations |  | (3.98) |  | 8.72 |  | 12.44 |
Net asset value, ending balance |  | 26.28 |  | 30.26 |  | 21.54 |
Market value per share, beginning balance | [2] | 30.31 |  | 21.7 |  | 9.07 |
Market value per share, ending balance | [2] | $ 26.1 |  | $ 30.31 |  | $ 21.7 |
Total Return, at net asset value |  | (13.20%) |  | 40.50% |  | 136.80% |
Total Return, at market value |  | (13.90%) |  | 39.70% |  | 139.30% |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio | [3] | 0.99% |  | 1.04% |  | 1.10% |
Net investment income gain (loss) |  | 2.16% |  | (0.22%) |  | (1.06%) |
ProShares Ultra Bloomberg Natural Gas [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance | [4] | $ 363.08 |  | $ 511.08 |  | $ 419.91 |
Net investment income (loss) | [4] | 1.43 |  | 2.55 |  | (9.9) |
Net realized and unrealized gain (loss) | [1] | (335.96) |  | (150.55) | [4] | 101.07 | [4]
Change in net asset value from operations | [4] | (334.53) |  | (148) |  | 91.17 |
Net asset value, ending balance | [4] | 28.55 |  | 363.08 |  | 511.08 |
Market value per share, beginning balance | [2],[4] | 355.6 |  | 521.8 |  | 421.4 |
Market value per share, ending balance | [2],[4] | $ 28.44 |  | $ 355.6 |  | $ 521.8 |
Total Return, at net asset value | [4] | (92.10%) |  | (29.00%) |  | 21.70% |
Total Return, at market value | [4] | (92.00%) |  | (31.90%) |  | 23.80% |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio | [3],[4] | 1.38% |  | 1.27% |  | 1.53% |
Net investment income gain (loss) | [4] | 2.24% |  | 0.27% |  | (1.48%) |
ProShares Ultra Euro [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 11.27 |  | $ 13.32 |  | $ 15.79 |
Net investment income (loss) |  | 0.38 |  | 0.05 |  | (0.13) |
Net realized and unrealized gain (loss) | [1] | 0.21 |  | (2.1) |  | (2.34) |
Change in net asset value from operations |  | 0.59 |  | (2.05) |  | (2.47) |
Net asset value, ending balance |  | 11.86 |  | 11.27 |  | 13.32 |
Market value per share, beginning balance | [2] | 11.26 |  | 13.33 |  | 15.81 |
Market value per share, ending balance | [2] | $ 11.84 |  | $ 11.26 |  | $ 13.33 |
Total Return, at net asset value |  | 5.20% |  | (15.40%) |  | (15.60%) |
Total Return, at market value |  | 5.20% |  | (15.50%) |  | (15.70%) |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio | [3] | 0.95% |  | 0.96% |  | 0.95% |
Net investment income gain (loss) |  | 3.29% |  | 0.46% |  | (0.90%) |
ProShares Ultra Gold [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 55.09 |  | $ 59.69 |  | $ 67.57 |
Net investment income (loss) |  | 1.81 |  | (0.01) |  | (0.57) |
Net realized and unrealized gain (loss) | [1] | 6.93 |  | (4.59) |  | (7.31) |
Change in net asset value from operations |  | 8.74 |  | (4.6) |  | (7.88) |
Net asset value, ending balance |  | 63.83 |  | 55.09 |  | 59.69 |
Market value per share, beginning balance | [2] | 55.27 |  | 59.81 |  | 68.2 |
Market value per share, ending balance | [2] | $ 63.87 |  | $ 55.27 |  | $ 59.81 |
Total Return, at net asset value |  | 15.90% |  | (7.70%) |  | (11.70%) |
Total Return, at market value |  | 15.60% |  | (7.60%) |  | (12.30%) |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio | [3] | 0.96% |  | 0.99% |  | 1.00% |
Net investment income gain (loss) |  | 3.02% |  | (0.01%) |  | (0.96%) |
ProShares Ultra Silver [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 31.75 |  | $ 34.84 |  | $ 50.71 |
Net investment income (loss) |  | 0.75 |  | (0.02) |  | (0.42) |
Net realized and unrealized gain (loss) | [1] | (5.21) |  | (3.07) |  | (15.45) |
Change in net asset value from operations |  | (4.46) |  | (3.09) |  | (15.87) |
Net asset value, ending balance |  | 27.29 |  | 31.75 |  | 34.84 |
Market value per share, beginning balance | [2] | 32 |  | 34.74 |  | 51.28 |
Market value per share, ending balance | [2] | $ 27.17 |  | $ 32 |  | $ 34.74 |
Total Return, at net asset value |  | (14.10%) |  | (8.90%) |  | (31.30%) |
Total Return, at market value |  | (15.10%) |  | (7.90%) |  | (32.30%) |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio | [3] | 0.98% |  | 0.99% |  | 1.02% |
Net investment income gain (loss) |  | 2.64% |  | (0.08%) |  | (0.98%) |
ProShares Ultra VIX Short-Term Futures ETF [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance | [4] | $ 68.69 |  | $ 124.06 |  | $ 1,066.78 |
Net investment income (loss) | [4] | 0.42 |  | (0.76) |  | (5.94) |
Net realized and unrealized gain (loss) | [1],[4] | (60.68) |  | (54.61) |  | (936.78) |
Change in net asset value from operations | [4] | (60.26) |  | (55.37) |  | (942.72) |
Net asset value, ending balance | [4] | 8.43 |  | 68.69 |  | 124.06 |
Market value per share, beginning balance | [2],[4] | 68.6 |  | 124.3 |  | 1,065 |
Market value per share, ending balance | [2],[4] | $ 8.44 |  | $ 68.6 |  | $ 124.3 |
Total Return, at net asset value | [4] | (87.70%) |  | (44.60%) |  | (88.40%) |
Total Return, at market value | [4] | (87.70%) |  | (44.80%) |  | (88.30%) |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio | [4] | 1.61% | [3] | 1.56% | [5] | 1.74% | [3]
Net investment income gain (loss) | [4] | 1.84% |  | (0.63%) |  | (1.72%) |
ProShares Ultra Yen [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 34.54 |  | $ 47.29 |  | $ 59.83 |
Net investment income (loss) |  | 0.96 |  | 0.26 |  | (0.48) |
Net realized and unrealized gain (loss) | [1] | (8.04) |  | (13.01) |  | (12.06) |
Change in net asset value from operations |  | (7.08) |  | (12.75) |  | (12.54) |
Net asset value, ending balance |  | 27.46 |  | 34.54 |  | 47.29 |
Market value per share, beginning balance | [2] | 34.56 |  | 47.29 |  | 59.82 |
Market value per share, ending balance | [2] | $ 27.49 |  | $ 34.56 |  | $ 47.29 |
Total Return, at net asset value |  | (20.50%) |  | (27.00%) |  | (21.00%) |
Total Return, at market value |  | (20.50%) |  | (26.90%) |  | (20.90%) |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio |  | 0.95% | [3] | 0.96% | [5] | 0.95% | [3]
Net investment income gain (loss) |  | 3.40% |  | 0.80% |  | (0.90%) |
ProShares UltraShort Australian Dollar [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  |  |  | $ 48.25 |  | $ 44.45 |
Net investment income (loss) |  |  |  |  |  | (0.46) |
Net realized and unrealized gain (loss) | [1] |  |  |  |  | 4.26 |
Change in net asset value from operations |  |  |  |  |  | 3.8 |
Net asset value, ending balance |  |  |  |  |  | 48.25 |
Market value per share, beginning balance | [2] |  |  | 48.41 |  | 43.89 |
Market value per share, ending balance | [2] |  |  |  |  | $ 48.41 |
Total Return, at net asset value |  |  |  |  |  | 8.50% |
Total Return, at market value |  |  |  |  |  | 10.30% |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio | [3] |  |  |  |  | 1.03% |
Net investment income gain (loss) |  |  |  |  |  | (0.98%) |
ProShares UltraShort Bloomberg Crude Oil [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 23.93 |  | 64.26 |  | $ 232.23 |
Net investment income (loss) |  | 0.7 |  | 0.01 |  | (1.13) |
Net realized and unrealized gain (loss) | [1] | (3.88) |  | (40.34) |  | (166.84) |
Change in net asset value from operations |  | (3.18) |  | (40.33) |  | (167.97) |
Net asset value, ending balance |  | 20.75 |  | 23.93 |  | 64.26 |
Market value per share, beginning balance | [2] | 23.85 |  | 63.75 |  | 232.8 |
Market value per share, ending balance | [2] | $ 20.89 |  | $ 23.85 |  | $ 63.75 |
Total Return, at net asset value |  | (13.30%) |  | (62.80%) |  | (72.30%) |
Total Return, at market value |  | (12.40%) |  | (62.60%) |  | (72.60%) |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio |  | 1.07% | [3] | 1.14% | [5] | 1.22% | [3]
Net investment income gain (loss) |  | 3.28% |  | 0.04% |  | (1.16%) |
ProShares UltraShort Bloomberg Natural Gas [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 27 |  | $ 247.4 |  | $ 951.82 |
Net investment income (loss) |  | 1.55 |  | (0.06) |  | (3.93) |
Net realized and unrealized gain (loss) | [1] | 67.55 |  | (220.34) |  | (700.49) |
Change in net asset value from operations |  | 69.1 |  | (220.4) |  | (704.42) |
Net asset value, ending balance |  | 96.1 |  | 27 |  | 247.4 |
Market value per share, beginning balance | [2] | 27.56 |  | 242.2 |  | 947.6 |
Market value per share, ending balance | [2] | $ 96.41 |  | $ 27.56 |  | $ 242.2 |
Total Return, at net asset value |  | 255.90% |  | (89.10%) |  | (74.00%) |
Total Return, at market value |  | 249.80% |  | (88.60%) |  | (74.40%) |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio |  | 1.66% | [3] | 1.37% | [5] | 1.56% | [3]
Net investment income gain (loss) |  | 2.63% |  | (0.26%) |  | (1.52%) |
ProShares UltraShort Euro [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 29.46 |  | $ 25.84 |  | $ 22.53 |
Net investment income (loss) |  | 0.97 |  | 0.1 |  | (0.22) |
Net realized and unrealized gain (loss) | [1] | (1.27) |  | 3.52 |  | 3.53 |
Change in net asset value from operations |  | (0.3) |  | 3.62 |  | 3.31 |
Net asset value, ending balance |  | 29.16 |  | 29.46 |  | 25.84 |
Market value per share, beginning balance | [2] | 29.45 |  | 25.86 |  | 22.52 |
Market value per share, ending balance | [2] | $ 29.15 |  | $ 29.45 |  | $ 25.86 |
Total Return, at net asset value |  | (1.00%) |  | 14.00% |  | 14.70% |
Total Return, at market value |  | (1.00%) |  | 13.90% |  | 14.80% |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio |  | 0.95% | [3] | 0.96% | [6] | 0.95% | [6]
Net investment income gain (loss) |  | 3.28% |  | 0.32% |  | (0.90%) |
ProShares UltraShort Gold [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 31.1 |  | $ 31.71 |  | $ 31.43 |
Net investment income (loss) |  | 0.83 |  | (0.07) |  | (0.33) |
Net realized and unrealized gain (loss) | [1] | (5.54) |  | (0.54) |  | 0.61 |
Change in net asset value from operations |  | (4.71) |  | (0.61) |  | 0.28 |
Net asset value, ending balance |  | 26.39 |  | 31.1 |  | 31.71 |
Market value per share, beginning balance | [2] | 30.99 |  | 31.66 |  | 31.14 |
Market value per share, ending balance | [2] | $ 26.37 |  | $ 30.99 |  | $ 31.66 |
Total Return, at net asset value |  | (15.20%) |  | (1.90%) |  | 0.90% |
Total Return, at market value |  | (14.90%) |  | (2.10%) |  | 1.70% |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio |  | 0.98% | [3] | 1.00% | [6] | 1.03% | [6]
Net investment income gain (loss) |  | 2.95% |  | (0.23%) |  | (0.98%) |
ProShares UltraShort Silver [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 19.46 |  | $ 26.77 |  | $ 27.73 |
Net investment income (loss) |  | 0.5 |  | (0.07) |  | (0.27) |
Net realized and unrealized gain (loss) | [1] | (1.82) |  | (7.24) |  | (0.69) |
Change in net asset value from operations |  | (1.32) |  | (7.31) |  | (0.96) |
Net asset value, ending balance |  | 18.14 |  | 19.46 |  | 26.77 |
Market value per share, beginning balance | [2] | 19.3 |  | 26.84 |  | 27.4 |
Market value per share, ending balance | [2] | $ 18.24 |  | $ 19.3 |  | $ 26.84 |
Total Return, at net asset value |  | (6.80%) |  | (27.30%) |  | (3.50%) |
Total Return, at market value |  | (5.50%) |  | (28.10%) |  | (2.00%) |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio |  | 1.08% | [7] | 1.08% | [6] | 1.10% | [6]
Net investment income gain (loss) |  | 2.61% |  | (0.25%) |  | (1.06%) |
ProShares UltraShort Yen [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 53.68 |  | $ 41.5 |  | $ 33.91 |
Net investment income (loss) |  | 2.15 |  | 0.17 |  | (0.34) |
Net realized and unrealized gain (loss) | [1] | 13.05 |  | 12.01 |  | 7.93 |
Change in net asset value from operations |  | 15.2 |  | 12.18 |  | 7.59 |
Net asset value, ending balance |  | 68.88 |  | 53.68 |  | 41.5 |
Market value per share, beginning balance | [2] | 53.57 |  | 41.5 |  | 33.91 |
Market value per share, ending balance | [2] | $ 68.94 |  | $ 53.57 |  | $ 41.5 |
Total Return, at net asset value |  | 28.30% |  | 29.40% |  | 22.40% |
Total Return, at market value |  | 28.70% |  | 29.10% |  | 22.40% |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio |  | 0.95% | [7] | 0.95% | [6] | 0.95% | [6]
Net investment income gain (loss) |  | 3.33% |  | 0.31% |  | (0.90%) |
ProShares VIX Mid-Term Futures ETF [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance |  | $ 30.41 |  | $ 30.61 |  | $ 36.73 |
Net investment income (loss) |  | 0.71 |  | (0.03) |  | (0.33) |
Net realized and unrealized gain (loss) | [1] | (14.38) |  | (0.17) |  | (5.79) |
Change in net asset value from operations |  | (13.67) |  | (0.2) |  | (6.12) |
Net asset value, ending balance |  | 16.74 |  | 30.41 |  | 30.61 |
Market value per share, beginning balance | [2] | 30.36 |  | 30.57 |  | 36.7 |
Market value per share, ending balance | [2] | $ 16.75 |  | $ 30.36 |  | $ 30.57 |
Total Return, at net asset value |  | (45.00%) |  | (0.70%) |  | (16.70%) |
Total Return, at market value |  | (44.80%) |  | (0.70%) |  | (16.70%) |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio |  | 0.99% | [7] | 1.01% | [6] | 1.04% | [6]
Net investment income gain (loss) |  | 3.12% |  | (0.10%) |  | (1.00%) |
ProShares VIX Short-Term Futures ETF [Member] |  |  |  |  |  |  |
Investment Company, Financial Highlights [Line Items] |  |  |  |  |  |  |
Net asset value, beginning balance | [4] | $ 57 |  | $ 75.62 |  | $ 275.14 |
Net investment income (loss) | [4] | 0.86 |  | (0.1) |  | (1.6) |
Net realized and unrealized gain (loss) | [1],[4] | (42.36) |  | (18.52) |  | (197.92) |
Change in net asset value from operations | [4] | (41.5) |  | (18.62) |  | (199.52) |
Net asset value, ending balance | [4] | 15.5 |  | 57 |  | 75.62 |
Market value per share, beginning balance | [2],[4] | 56.9 |  | 75.85 |  | 274.8 |
Market value per share, ending balance | [2],[4] | $ 15.51 |  | $ 56.9 |  | $ 75.85 |
Total Return, at net asset value | [4] | (72.80%) |  | (24.60%) |  | (72.50%) |
Total Return, at market value | [4] | (72.70%) |  | (25.00%) |  | (72.40%) |
Ratios to Average Net Assets |  |  |  |  |  |  |
Expense ratio | [4] | 1.07% | [7] | 1.15% | [6] | 1.21% | [6]
Net investment income gain (loss) | [4] | 2.93% |  | (0.13%) |  | (1.18%) |
[1] | The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
[2] | Market values are determined at the close of the applicable primary listing exchange, which may be later than when the Funds’ net asset value is calculated.
[3] | The expense ratio would be 0.95%, 0.95%, 0.95%, 0.95%, 0.95% and 0.95%, respectively, if non-recurring fees and expenses, and brokerage commissions and futures account fees were excluded.
[4] | See Note 1 of these Notes to Financial Statements.
[5] | The expense ratio would be 0.95%, 0.95%, 0.95% and 0.95%, respectively, if non-recurring fees and expenses, and brokerage commissions and futures account fees were excluded.
[6] | The expense ratio would be 0.95%, 0.95%, 0.95%, 0.95%, 0.85% and 0.85%, respectively, if non-recurring fees and expenses, and brokerage commissions and futures account fees were excluded.
[7] | The expense ratio would be 0.95%, 0.95%, 0.85% and 0.85%, respectively, if non-recurring fees and expenses, and brokerage commissions and futures account fees were excluded.

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- Definition Total return, at market value, per share. + References No definition available. + Details
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- Definition Percentage, after deduction of fee waiver and incentive fee, of expense to average net assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480737/946-205-50-14 + Details
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