v3.24.0.1
Significant Accounting Policies - Valuation of Investments using Fair Value Hierarchy (Detail) - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure $ 751,395,550 $ 1,383,546,929
ProShares Short VIX Short-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 122,050,966 155,400,057
ProShares Ultra Bloomberg Crude Oil [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 247,916,644 413,916,300
ProShares Ultra Bloomberg Natural Gas [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 108,066,187 (47,353,811)
ProShares Ultra Euro [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 306,949 415,656
ProShares Ultra Gold [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 66,682,462 138,862,043
ProShares Ultra Silver [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 123,849,552 297,308,420
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (31,183,911) (1,823,081)
ProShares Ultra Yen [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 1,519,285 984,549
ProShares UltraShort Bloomberg Crude Oil [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 72,120,204 99,671,828
ProShares UltraShort Bloomberg Natural Gas [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (3,553,507) 147,371,924
ProShares UltraShort Euro [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (1,848,779) 37,535,368
ProShares UltraShort Gold [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (344,052) (691,843)
ProShares UltraShort Silver [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 874,872 (2,663,123)
ProShares UltraShort Yen [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (1,311,925) 19,970,626
ProShares VIX Mid-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (3,745,676) 45,091,125
ProShares VIX Short-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 49,996,279 79,550,891
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 690,474,277 1,466,680,542
Level I - Quoted Prices [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] 45,063,431 (196,609,804)
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 109,410,342 144,307,676
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] 12,640,624 11,092,381
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 233,476,941 313,465,007
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] (3,515,232) 26,291,716
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 64,459,117 263,260,158
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] 43,607,070 (310,613,969)
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 59,507,594 129,123,489
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] 4,096,275 3,242,088
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 114,276,025 228,657,634
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] 12,400,748 29,426,574
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   34,732,372
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] (31,183,911) (36,555,453)
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 49,683,885 89,426,935
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] 22,436,319 10,244,893
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   61,482,526
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] (3,553,507) 85,889,398
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   39,996,624
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] (144,231) (98,886)
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] 1,689,046 (940,500)
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   22,998,059
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   49,882,348
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] (3,745,676) (4,791,223)
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 59,660,373 89,347,714
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] (9,664,094) (9,796,823)
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 (1,334,470) (4,088,484)
Level II - Other Significant Observable Inputs [Member] | Swap Agreements [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 17,192,312 117,564,675
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 17,954,935 74,159,577
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 306,949 415,656
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 3,078,593 6,496,466
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 (2,827,221) 39,224,212
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 1,519,285 984,549
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 (1,848,779) (2,461,256)
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 (199,821) (592,957)
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 (814,174) (1,722,623)
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 $ (1,311,925) $ (3,027,433)
[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.