v3.24.1.u1
Investments - Fair Value of Derivative Instruments (Detail) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] $ 141,808,792 $ 122,342,647
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 133,865,310 61,421,374
VIX Futures Contracts [Member] | ProShares VIX Mid-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 17,267  
VIX Futures Contracts [Member] | Receivable on open futures contracts, unrealized appreciation on swap agreements [Member] | ProShares Short VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 8,013,037 12,640,624
VIX Futures Contracts [Member] | Payable on open futures contracts, unrealized depreciation on swap agreements [Member] | ProShares Ultra VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 17,898,783 31,183,911
VIX Futures Contracts [Member] | Payable on open futures contracts, unrealized depreciation on swap agreements [Member] | ProShares VIX Mid-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 973,152 3,745,676
VIX Futures Contracts [Member] | Payable on open futures contracts, unrealized depreciation on swap agreements [Member] | ProShares VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 6,679,575 9,664,094
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Bloomberg Crude Oil [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 69,578,110 20,191,987
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Bloomberg Natural Gas [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1]   43,607,070
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Gold [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 9,912,182 7,174,868
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Silver [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 31,214,049 12,400,748
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares UltraShort Bloomberg Crude Oil [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1]   22,436,319
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares UltraShort Bloomberg Natural Gas [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 20,277,127  
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares UltraShort Silver [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1]   1,879,957
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares Ultra Bloomberg Crude Oil [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1]   5,752,284
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares Ultra Bloomberg Natural Gas [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 92,772,278  
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares Ultra Silver [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1]   2,827,221
Commodities 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]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 11,995,111  
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares UltraShort Bloomberg Natural Gas [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1]   3,553,507
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares UltraShort Gold [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 688,631 344,052
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares UltraShort Silver [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 543,730 1,005,085
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts, and/or receivables on open futures contracts [Member] | ProShares Ultra Euro [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation 965 308,424
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts, and/or receivables on open futures contracts [Member] | ProShares Ultra Yen [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation 5,548 1,534,924
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts, and/or receivables on open futures contracts [Member] | ProShares UltraShort Euro [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation 1,164,063 38,029
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts, and/or receivables on open futures contracts [Member] | ProShares UltraShort Yen [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation 1,626,444 129,697
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts, and/or payable on open futures contracts [Member] | ProShares Ultra Euro [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation 203,530 1,475
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts, and/or payable on open futures contracts [Member] | ProShares Ultra Yen [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation 2,065,194 15,639
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts, and/or payable on open futures contracts [Member] | ProShares UltraShort Euro [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation 45,109 1,886,808
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts, and/or payable on open futures contracts [Member] | ProShares UltraShort Yen [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation $ 217 $ 1,441,622
[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.