v3.24.0.1
Investments - Fair Value of Derivative Instruments (Detail) - Not Designated as Hedging Instrument [Member] - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation [1] $ 122,342,647 $ 291,848,846
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 61,421,374 374,982,459
VIX Futures Contracts [Member] | Receivable on open futures contracts [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] 12,640,624 11,092,381
VIX Futures Contracts [Member] | Payable on open futures contracts [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] 31,183,911 36,555,453
VIX Futures Contracts [Member] | Payable on open futures contracts [Member] | ProShares VIX Mid-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 3,745,676 4,791,223
VIX Futures Contracts [Member] | Payable on open futures contracts [Member] | ProShares VIX Short-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 9,664,094 9,796,823
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] 20,191,987 100,451,293
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] 43,607,070  
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] 7,174,868 9,738,554
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] 12,400,748 68,650,786
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] 22,436,319 13,202,924
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]   85,889,398
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] 1,879,957  
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] 5,752,284  
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]   310,613,969
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] 2,827,221  
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]   2,958,031
Commodity Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares UltraShort Bloomberg Natural Gas [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation [1] 3,553,507  
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] 344,052 691,843
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] 1,005,085 2,663,123
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts [Member] | ProShares Ultra Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation 308,424 514,115
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts [Member] | ProShares Ultra Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation 1,534,924 1,152,834
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts [Member] | ProShares UltraShort Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation 38,029 193,192
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts [Member] | ProShares UltraShort Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative asset not designated as hedging instrument, Unrealized Appreciation 129,697 963,369
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts [Member] | ProShares Ultra Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation 1,475 98,459
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts [Member] | ProShares Ultra Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation 15,639 168,285
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts [Member] | ProShares UltraShort Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation 1,886,808 2,654,448
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts [Member] | ProShares UltraShort Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivative liability not accounted as hedging instrument, Unrealized Depreciation $ 1,441,622 $ 3,990,802
[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.