v3.24.1.u1
Statements of Financial Condition - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash $ 686,826,766 $ 1,209,034,101
Receivable from capital shares sold 61,874,968 22,784,178
Interest receivable 3,923,324 6,486,760
Total assets 3,132,206,914 3,359,443,290
Liabilities    
Payable for capital shares redeemed 9,773,354 39,357,935
Brokerage commissions and futures account fees payable $ 72,259 $ 131,497
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 2,352,890 $ 2,654,226
Total liabilities 43,527,233 76,611,164
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 3,088,679,681 3,282,832,126
Total liabilities and shareholders' equity $ 3,132,206,914 $ 3,359,443,290
Shares outstanding (Note 8) 131,485,809 113,030,809
U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 1,101,171,661 $ 690,474,277
Futures Contracts [Member]    
Assets    
Segregated cash balances 641,544,576 810,718,438
Receivable on open futures contracts 214,903,522 237,610,648
Liabilities    
Payable on open futures contracts 28,050,589 27,280,746
Swap Agreements [Member]    
Assets    
Segregated cash balances 341,437,002 345,924,043
Unrealized appreciation 63,733,847 21,033,528
Liabilities    
Unrealized depreciation 964,091 3,841,216
Foreign Currency Forward Contracts [Member]    
Assets    
Segregated cash balances 13,994,228 13,366,243
Unrealized appreciation 2,797,020 2,011,074
Liabilities    
Unrealized depreciation 2,314,050 3,345,544
ProShares Short VIX Short-Term Futures ETF [Member]    
Assets    
Cash 35,336,557 54,492,235
Interest receivable 403,104 456,930
Total assets 315,954,187 283,337,788
Liabilities    
Payable for capital shares redeemed 0 15,522,316
Brokerage commissions and futures account fees payable $ 7,440 $ 9,571
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 254,022 $ 248,862
Total liabilities 1,975,388 16,153,429
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 313,978,799 267,184,359
Total liabilities and shareholders' equity $ 315,954,187 $ 283,337,788
Shares outstanding (Note 8) 5,568,614 5,168,614
Net asset value per share (Note 8) $ 56.38 $ 51.69
Market value per share (Note 8) (Note 2) $ 56.37 $ 51.7
ProShares Short VIX Short-Term Futures ETF [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 148,757,467 $ 109,410,342
ProShares Short VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 92,929,810 88,647,616
Receivable on open futures contracts 38,527,249 30,330,665
Liabilities    
Payable on open futures contracts 1,713,926 372,680
ProShares Ultra Bloomberg Crude Oil [Member]    
Assets    
Cash 9,434,959 123,662,313
Receivable from capital shares sold 0 5,255,022
Interest receivable 217,730 568,017
Total assets 598,552,517 655,433,741
Liabilities    
Brokerage commissions and futures account fees payable $ 3,652 $ 5,682
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 472,006 $ 534,678
Total liabilities 1,375,622 2,640,304
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 597,176,895 652,793,437
Total liabilities and shareholders' equity $ 598,552,517 $ 655,433,741
Shares outstanding (Note 8) 17,993,096 24,843,096
Net asset value per share (Note 8) $ 33.19 $ 26.28
Market value per share (Note 8) (Note 2) $ 33 $ 26.1
ProShares Ultra Bloomberg Crude Oil [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 301,974,899 $ 233,476,941
ProShares Ultra Bloomberg Crude Oil [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 33,977,462 70,781,753
Receivable on open futures contracts 2,343,342 0
Liabilities    
Payable on open futures contracts 899,964 2,099,944
ProShares Ultra Bloomberg Crude Oil [Member] | Swap Agreements [Member]    
Assets    
Segregated cash balances 202,937,760 203,734,760
Unrealized appreciation 47,666,365 17,954,935
Liabilities    
Unrealized depreciation 0 0
ProShares Ultra Bloomberg Natural Gas [Member]    
Assets    
Cash 241,325,015 326,252,692
Receivable from capital shares sold 42,021,325 4,281,925
Interest receivable 762,494 1,925,643
Total assets 597,162,268 770,676,725
Liabilities    
Payable for capital shares redeemed 0 19,366,361
Brokerage commissions and futures account fees payable $ 19,369 $ 52,349
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 442,310 $ 625,665
Total liabilities 16,420,891 40,783,917
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 580,741,377 729,892,808
Total liabilities and shareholders' equity $ 597,162,268 $ 770,676,725
Shares outstanding (Note 8) 44,218,544 25,568,544
Net asset value per share (Note 8) $ 13.13 $ 28.55
Market value per share (Note 8) (Note 2) $ 12.86 $ 28.44
ProShares Ultra Bloomberg Natural Gas [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 0 $ 64,459,117
ProShares Ultra Bloomberg Natural Gas [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 211,412,836 256,589,331
Receivable on open futures contracts 101,640,598 117,168,017
Liabilities    
Payable on open futures contracts 15,959,212 20,739,542
ProShares Ultra Euro [Member]    
Assets    
Cash 6,451,388 6,162,459
Interest receivable 27,781 27,219
Total assets $ 7,013,134 $ 7,121,102
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 5,556 $ 5,612
Total liabilities 209,086 7,087
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 6,804,048 7,114,015
Total liabilities and shareholders' equity $ 7,013,134 $ 7,121,102
Shares outstanding (Note 8) 600,000 600,000
Net asset value per share (Note 8) $ 11.34 $ 11.86
Market value per share (Note 8) (Note 2) $ 11.32 $ 11.84
ProShares Ultra Euro [Member] | Foreign Currency Forward Contracts [Member]    
Assets    
Segregated cash balances $ 533,000 $ 623,000
Unrealized appreciation 965 308,424
Liabilities    
Unrealized depreciation 203,530 1,475
ProShares Ultra Gold [Member]    
Assets    
Cash 28,188,613 92,898,206
Receivable from capital shares sold 3,599,595 0
Interest receivable 146,036 276,736
Total assets $ 216,131,454 $ 192,214,900
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 160,613 $ 148,835
Total liabilities 160,613 712,877
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 215,970,841 191,502,023
Total liabilities and shareholders' equity $ 216,131,454 $ 192,214,900
Shares outstanding (Note 8) 3,000,000 3,000,000
Net asset value per share (Note 8) $ 71.99 $ 63.83
Market value per share (Note 8) (Note 2) $ 72.26 $ 63.87
ProShares Ultra Gold [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 138,587,964 $ 59,507,594
ProShares Ultra Gold [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 5,728,800 4,523,500
Receivable on open futures contracts 1,065,148 0
Liabilities    
Payable on open futures contracts 0 564,042
ProShares Ultra Gold [Member] | Swap Agreements [Member]    
Assets    
Segregated cash balances 31,280,271 31,930,271
Unrealized appreciation 7,535,027 3,078,593
Liabilities    
Unrealized depreciation 0 0
ProShares Ultra Silver [Member]    
Assets    
Cash 63,426,794 160,468,637
Receivable from capital shares sold 5,705,998 2,728,828
Interest receivable 399,563 598,623
Total assets $ 403,906,786 $ 396,797,405
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 322,042 $ 319,853
Total liabilities 322,042 6,651,032
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 403,584,744 390,146,373
Total liabilities and shareholders' equity $ 403,906,786 $ 396,797,405
Shares outstanding (Note 8) 14,146,526 14,296,526
Net asset value per share (Note 8) $ 28.53 $ 27.29
Market value per share (Note 8) (Note 2) $ 28.74 $ 27.17
ProShares Ultra Silver [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 205,080,219 $ 114,276,025
ProShares Ultra Silver [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 20,833,500 23,499,000
Receivable on open futures contracts 714,136 0
Liabilities    
Payable on open futures contracts 0 3,503,958
ProShares Ultra Silver [Member] | Swap Agreements [Member]    
Assets    
Segregated cash balances 99,214,121 95,226,292
Unrealized appreciation 8,532,455 0
Liabilities    
Unrealized depreciation 0 2,827,221
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Assets    
Cash 41,175,228 86,615,956
Receivable from capital shares sold 3,777,822 0
Interest receivable 533,452 924,148
Total assets 279,122,660 348,895,464
Liabilities    
Brokerage commissions and futures account fees payable $ 23,097 $ 36,088
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 210,282 $ 303,633
Total liabilities 882,011 339,721
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 278,240,649 348,555,743
Total liabilities and shareholders' equity $ 279,122,660 $ 348,895,464
Shares outstanding (Note 8) 8,844,891 8,264,891
Net asset value per share (Note 8) $ 31.46 $ 42.17
Market value per share (Note 8) (Note 2) $ 31.6 $ 42.2
ProShares Ultra VIX Short-Term Futures ETF [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 59,307,872 $ 0
ProShares Ultra VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 136,617,804 210,845,154
Receivable on open futures contracts 37,710,482 50,510,206
Liabilities    
Payable on open futures contracts 648,632 0
ProShares Ultra Yen [Member]    
Assets    
Cash 38,021,417 27,001,312
Interest receivable 142,575 104,541
Total assets 44,090,011 31,617,176
Liabilities    
Payable for capital shares redeemed $ 0 $ 1,373,167
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 30,272 $ 22,600
Total liabilities 2,095,466 1,411,406
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 41,994,545 30,205,770
Total liabilities and shareholders' equity $ 44,090,011 $ 31,617,176
Shares outstanding (Note 8) 1,799,970 1,099,970
Net asset value per share (Note 8) $ 23.33 $ 27.46
Market value per share (Note 8) (Note 2) $ 23.35 $ 27.49
ProShares Ultra Yen [Member] | Foreign Currency Forward Contracts [Member]    
Assets    
Segregated cash balances $ 5,920,471 $ 2,976,399
Unrealized appreciation 5,548 1,534,924
Liabilities    
Unrealized depreciation 2,065,194 15,639
ProShares UltraShort Bloomberg Crude Oil [Member]    
Assets    
Cash 25,792,785 91,925,442
Receivable from capital shares sold 3,980,628 0
Interest receivable 237,927 285,610
Total assets 203,211,756 192,198,550
Liabilities    
Payable for capital shares redeemed 0 3,096,091
Brokerage commissions and futures account fees payable $ 3,387 $ 3,509
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 161,949 $ 135,358
Total liabilities 5,699,461 3,234,958
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 197,512,295 188,963,592
Total liabilities and shareholders' equity $ 203,211,756 $ 192,198,550
Shares outstanding (Note 8) 12,405,220 9,105,220
Net asset value per share (Note 8) $ 15.92 $ 20.75
Market value per share (Note 8) (Note 2) $ 16.02 $ 20.89
ProShares UltraShort Bloomberg Crude Oil [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 123,814,531 $ 49,683,885
ProShares UltraShort Bloomberg Crude Oil [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 49,385,885 49,648,726
Receivable on open futures contracts 0 654,887
Liabilities    
Payable on open futures contracts 5,534,125 0
ProShares UltraShort Bloomberg Natural Gas [Member]    
Assets    
Cash 10,722,485 73,282,564
Receivable from capital shares sold 0 9,611,378
Interest receivable 177,094 447,861
Total assets 105,546,993 141,081,961
Liabilities    
Payable for capital shares redeemed 8,069,201 0
Brokerage commissions and futures account fees payable $ 4,183 $ 10,461
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 84,531 $ 108,408
Total liabilities 11,201,638 118,869
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 94,345,355 140,963,092
Total liabilities and shareholders' equity $ 105,546,993 $ 141,081,961
Shares outstanding (Note 8) 1,233,712 2,933,712
Net asset value per share (Note 8) $ 76.47 $ 48.05
Market value per share (Note 8) (Note 2) $ 78.35 $ 48.21
ProShares UltraShort Bloomberg Natural Gas [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 54,447,299 $ 0
ProShares UltraShort Bloomberg Natural Gas [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 27,668,768 35,326,076
Receivable on open futures contracts 12,531,347 22,414,082
Liabilities    
Payable on open futures contracts 3,043,723 0
ProShares UltraShort Euro [Member]    
Assets    
Cash 33,082,139 34,758,230
Interest receivable 151,231 159,359
Total assets $ 38,789,545 $ 41,287,730
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 31,554 $ 33,372
Total liabilities 76,663 1,920,180
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 38,712,882 39,367,550
Total liabilities and shareholders' equity $ 38,789,545 $ 41,287,730
Shares outstanding (Note 8) 1,250,000 1,350,000
Net asset value per share (Note 8) $ 30.97 $ 29.16
Market value per share (Note 8) (Note 2) $ 30.96 $ 29.15
ProShares UltraShort Euro [Member] | Foreign Currency Forward Contracts [Member]    
Assets    
Segregated cash balances $ 4,392,112 $ 6,332,112
Unrealized appreciation 1,164,063 38,029
Liabilities    
Unrealized depreciation 45,109 1,886,808
ProShares UltraShort Gold [Member]    
Assets    
Cash 11,632,081 9,309,908
Receivable from capital shares sold 1,172,457 0
Interest receivable 50,067 41,501
Total assets $ 15,842,619 $ 12,005,308
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 11,405 $ 9,708
Total liabilities 671,735 209,529
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 15,170,884 11,795,779
Total liabilities and shareholders' equity $ 15,842,619 $ 12,005,308
Shares outstanding (Note 8) 646,977 446,977
Net asset value per share (Note 8) $ 23.45 $ 26.39
Market value per share (Note 8) (Note 2) $ 23.38 $ 26.37
ProShares UltraShort Gold [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances $ 488,400 $ 261,450
Receivable on open futures contracts 0 17,324
Liabilities    
Payable on open futures contracts 178,749 0
ProShares UltraShort Gold [Member] | Swap Agreements [Member]    
Assets    
Segregated cash balances 2,499,614 2,375,125
Unrealized appreciation 0 0
Liabilities    
Unrealized depreciation 481,581 199,821
ProShares UltraShort Silver [Member]    
Assets    
Cash 19,551,988 46,444,776
Receivable from capital shares sold 0 907,025
Interest receivable 65,590 173,799
Total assets 26,521,064 66,007,324
Liabilities    
Payable for capital shares redeemed $ 1,704,153 $ 0
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 17,114 $ 43,464
Total liabilities 2,276,035 857,638
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 24,245,029 65,149,686
Total liabilities and shareholders' equity $ 26,521,064 $ 66,007,324
Shares outstanding (Note 8) 1,441,329 3,591,329
Net asset value per share (Note 8) $ 16.82 $ 18.14
Market value per share (Note 8) (Note 2) $ 16.71 $ 18.24
ProShares UltraShort Silver [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances $ 1,398,250 $ 5,494,500
Receivable on open futures contracts 0 329,629
Liabilities    
Payable on open futures contracts 72,258 0
ProShares UltraShort Silver [Member] | Swap Agreements [Member]    
Assets    
Segregated cash balances 5,505,236 12,657,595
Unrealized appreciation 0 0
Liabilities    
Unrealized depreciation 482,510 814,174
ProShares UltraShort Yen [Member]    
Assets    
Cash 27,798,083 21,807,595
Interest receivable 113,414 100,284
Total assets $ 32,686,586 $ 25,472,308
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 24,146 $ 20,676
Total liabilities 24,363 1,462,298
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 32,662,223 24,010,010
Total liabilities and shareholders' equity $ 32,686,586 $ 25,472,308
Shares outstanding (Note 8) 398,580 348,580
Net asset value per share (Note 8) $ 81.95 $ 68.88
Market value per share (Note 8) (Note 2) $ 81.83 $ 68.94
ProShares UltraShort Yen [Member] | Foreign Currency Forward Contracts [Member]    
Assets    
Segregated cash balances $ 3,148,645 $ 3,434,732
Unrealized appreciation 1,626,444 129,697
Liabilities    
Unrealized depreciation 217 1,441,622
ProShares VIX Mid-Term Futures ETF [Member]    
Assets    
Cash 71,789,332 31,674,194
Interest receivable 245,795 141,818
Total assets 84,652,875 37,890,952
Liabilities    
Brokerage commissions and futures account fees payable $ 2,524 $ 1,876
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 47,287 $ 22,933
Total liabilities 49,811 24,809
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 84,603,064 37,866,143
Total liabilities and shareholders' equity $ 84,652,875 $ 37,890,952
Shares outstanding (Note 8) 5,337,403 2,262,403
Net asset value per share (Note 8) $ 15.85 $ 16.74
Market value per share (Note 8) (Note 2) $ 15.85 $ 16.75
ProShares VIX Mid-Term Futures ETF [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances $ 11,712,177 $ 5,936,995
Receivable on open futures contracts 905,571 137,945
ProShares VIX Short-Term Futures ETF [Member]    
Assets    
Cash 23,097,902 22,277,582
Receivable from capital shares sold 1,617,143 0
Interest receivable 249,471 254,671
Total assets 163,022,459 157,404,856
Liabilities    
Brokerage commissions and futures account fees payable $ 8,607 $ 11,961
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 77,801 $ 70,569
Total liabilities 86,408 83,110
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 162,936,051 157,321,746
Total liabilities and shareholders' equity $ 163,022,459 $ 157,404,856
Shares outstanding (Note 8) 12,600,947 10,150,947
Net asset value per share (Note 8) $ 12.93 $ 15.5
Market value per share (Note 8) (Note 2) $ 12.96 $ 15.51
ProShares VIX Short-Term Futures ETF [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 69,201,410 $ 59,660,373
ProShares VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 49,390,884 59,164,337
Receivable on open futures contracts 19,465,649 16,047,893
Liabilities    
Payable on open futures contracts $ 0 $ 580