v3.24.1.u1
Investments - Effect of Derivative Instruments on Statements of Operations (Detail) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income $ (199,970,152) $ (998,103,220)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (53,162,989) (181,707,249)
Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (200,040,097) (998,089,690)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (52,977,791) (181,490,158)
ProShares Short VIX Short-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 28,514,617 29,604,148
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (4,654,821) 3,155,177
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (90,992,592) (182,241,208)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 13,280,569 2,037,527
ProShares VIX Mid-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (6,105,191) (15,820,720)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 2,789,791 4,582,460
ProShares VIX Short-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (31,754,134) (46,096,694)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 2,969,180 1,130,026
ProShares Ultra Bloomberg Crude Oil [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 93,131,105 85,780,427
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 55,083,842 (138,210,442)
ProShares Ultra Bloomberg Natural Gas [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (242,180,914) (1,061,634,864)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (136,392,955) (53,009,690)
ProShares Ultra Gold [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 18,474,282 10,799,896
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 2,721,192 10,688,379
ProShares Ultra Silver [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (4,465,915) (28,743,864)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 21,608,599 22,352,120
ProShares UltraShort Bloomberg Crude Oil [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (12,508,822) 27,614,767
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (34,449,133) 10,956,230
ProShares UltraShort Bloomberg Natural Gas [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 44,652,614 183,405,966
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 23,826,488 (44,959,798)
ProShares UltraShort Gold [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (1,397,813) (1,030,881)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (344,579) (655,702)
ProShares UltraShort Silver [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 5,780,020 2,713,623
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (1,418,602) (1,183,236)
ProShares Ultra Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 144,574 280,279
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (509,514) (96,945)
ProShares Ultra Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (2,031,575) (298,808)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (3,578,931) (494,067)
ProShares UltraShort Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (939,220) (1,407,311)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 2,967,733 141,211
ProShares UltraShort Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 1,708,812 (1,027,976)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 2,938,152 1,859,501
VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts and/or swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and/or swap agreements [Member] | ProShares Short VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 28,496,948 29,604,148
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (4,627,587) 3,178,807
VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts and/or swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and/or swap agreements [Member] | ProShares Ultra VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (91,003,229) (182,233,430)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 13,285,128 2,046,250
VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts and/or swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and/or swap agreements [Member] | ProShares VIX Mid-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (6,108,469) (15,820,720)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 2,789,791 4,590,535
VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts and/or swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and/or swap agreements [Member] | ProShares VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (31,758,964) (46,096,702)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 2,984,519 1,147,992
Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares Ultra Bloomberg Crude Oil [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 93,118,600 85,780,427
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 55,138,407 (138,159,516)
Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares Ultra Bloomberg Natural Gas [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (242,180,914) (1,061,631,294)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (136,379,348) (52,989,637)
Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares Ultra Gold [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 18,471,271 10,799,896
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 2,737,314 10,711,116
Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares Ultra Silver [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (4,470,712) (28,743,864)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 21,640,522 22,387,658
Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares UltraShort Bloomberg Crude Oil [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (12,515,601) 27,614,279
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (34,431,430) 10,971,115
Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares UltraShort Bloomberg Natural Gas [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 44,654,357 183,408,644
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 23,830,634 (44,952,803)
Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares UltraShort Gold [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (1,397,813) (1,030,881)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (344,579) (655,702)
Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares UltraShort Silver [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 5,780,020 2,713,623
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (1,418,602) (1,183,236)
Foreign Exchange Contracts [Member] | Net realized gain (loss) on futures and/ or foreign currency forward contracts/ changes in unrealized appreciation (depreciation) on futures and/ or foreign currency forward contracts [Member] | ProShares Ultra Euro [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 144,574 280,279
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (509,514) (96,945)
Foreign Exchange Contracts [Member] | Net realized gain (loss) on futures and/ or foreign currency forward contracts/ changes in unrealized appreciation (depreciation) on futures and/ or foreign currency forward contracts [Member] | ProShares Ultra Yen [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (2,031,575) (298,808)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (3,578,931) (494,067)
Foreign Exchange Contracts [Member] | Net realized gain (loss) on futures and/ or foreign currency forward contracts/ changes in unrealized appreciation (depreciation) on futures and/ or foreign currency forward contracts [Member] | ProShares UltraShort Euro [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (943,861) (1,407,311)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income 2,967,733 146,013
Foreign Exchange Contracts [Member] | Net realized gain (loss) on futures and/ or foreign currency forward contracts/ changes in unrealized appreciation (depreciation) on futures and/ or foreign currency forward contracts [Member] | ProShares UltraShort Yen [Member] | Not Designated as Hedging Instrument [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 1,705,271 (1,027,976)
Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income $ 2,938,152 $ 1,862,262