v3.24.1.u1
Significant Accounting Policies - Valuation of Investments using Fair Value Hierarchy (Detail) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure $ 1,109,115,143 $ 751,395,550
ProShares Short VIX Short-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 156,770,504 122,050,966
ProShares Ultra Bloomberg Crude Oil [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 371,553,009 247,916,644
ProShares Ultra Bloomberg Natural Gas [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (92,772,278) 108,066,187
ProShares Ultra Euro [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (202,565) 306,949
ProShares Ultra Gold [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 148,500,146 66,682,462
ProShares Ultra Silver [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 236,294,268 123,849,552
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 41,409,089 (31,183,911)
ProShares Ultra Yen [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (2,059,646) 1,519,285
ProShares UltraShort Bloomberg Crude Oil [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 111,819,420 72,120,204
ProShares UltraShort Bloomberg Natural Gas [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 74,724,426 (3,553,507)
ProShares UltraShort Euro [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 1,118,954 (1,848,779)
ProShares UltraShort Gold [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (688,631) (344,052)
ProShares UltraShort Silver [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (543,730) 874,872
ProShares UltraShort Yen [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 1,626,227 (1,311,925)
ProShares VIX Mid-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure (955,885) (3,745,676)
ProShares VIX Short-Term Futures ETF [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 62,521,835 49,996,279
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 1,101,171,661 690,474,277
Level I - Quoted Prices [Member] | Futures Contracts [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure [1] (55,309,244) 45,063,431
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 148,757,467 109,410,342
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] 8,013,037 12,640,624
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 301,974,899 233,476,941
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] 21,911,745 (3,515,232)
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
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] (92,772,278) 43,607,070
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 138,587,964 59,507,594
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] 2,377,155 4,096,275
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 205,080,219 114,276,025
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] 22,681,594 12,400,748
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 59,307,872  
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] (17,898,783) (31,183,911)
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 123,814,531 49,683,885
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] (11,995,111) 22,436,319
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 54,447,299  
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] 20,277,127 (3,553,507)
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] (207,050) (144,231)
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] (61,220) 1,689,046
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] (955,885) (3,745,676)
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 69,201,410 59,660,373
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] (6,679,575) (9,664,094)
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 482,970 (1,334,470)
Level II - Other Significant Observable Inputs [Member] | Swap Agreements [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investments, fair value disclosure 62,769,756 17,192,312
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 47,666,365 17,954,935
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 (202,565) 306,949
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 7,535,027 3,078,593
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 8,532,455 (2,827,221)
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 (2,059,646) 1,519,285
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 1,118,954 (1,848,779)
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 (481,581) (199,821)
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 (482,510) (814,174)
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 $ 1,626,227 $ (1,311,925)
[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.