v3.24.1.u1
Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flow from operating activities    
Net income (loss) $ (231,588,146) $ (1,157,966,816)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (1,454,832,843) (18,561,204,980)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 1,056,718,779 18,914,616,336
Net amortization and accretion on short-term U.S. government and agency obligations (12,698,573) (15,486,607)
Net realized (gain) loss on investments (69,945) 13,530
Change in unrealized (appreciation) depreciation on investments (47,209,686) 149,145,826
Decrease (Increase) in receivable on open futures contracts 22,707,126 85,542,272
Decrease (Increase) in interest receivable 2,563,436 (1,775,294)
Increase (Decrease) in payable to Sponsor (301,336) 19,076
Increase (Decrease) in brokerage commissions and futures account fees payable (59,238) (8,695)
Increase (Decrease) in payable on open futures contracts 769,843 9,174,527
Net cash provided by (used in) operating activities (664,000,583) (577,930,825)
Cash flow from financing activities    
Proceeds from addition of shares 1,758,442,652 4,047,735,876
Payment on shares redeemed (1,789,682,322) (2,662,086,765)
Net cash provided by (used in) financing activities (31,239,670) 1,385,649,111
Net increase (decrease) in cash (695,240,253) 807,718,286
Cash, beginning of period 2,379,042,825 1,826,767,616
Cash, end of period 1,683,802,572 2,634,485,902
ProShares Short VIX Short-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) 26,257,086 34,176,167
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (172,768,544) (99,763,542)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 135,017,669 150,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (1,605,815) (813,036)
Net realized (gain) loss on investments (17,669) 0
Change in unrealized (appreciation) depreciation on investments 27,234 23,630
Decrease (Increase) in receivable on open futures contracts (8,196,584) 23,629,273
Decrease (Increase) in interest receivable 53,826 3,869
Increase (Decrease) in payable to Sponsor 5,160 (150,813)
Increase (Decrease) in brokerage commissions and futures account fees payable (2,131) (16,391)
Increase (Decrease) in payable on open futures contracts 1,341,246 0
Net cash provided by (used in) operating activities (19,888,522) 107,089,157
Cash flow from financing activities    
Proceeds from addition of shares 128,429,751 147,299,334
Payment on shares redeemed (123,414,713) (222,035,742)
Net cash provided by (used in) financing activities 5,015,038 (74,736,408)
Net increase (decrease) in cash (14,873,484) 32,352,749
Cash, beginning of period 143,139,851 133,946,941
Cash, end of period 128,266,367 166,299,690
ProShares Ultra Bloomberg Crude Oil [Member]    
Cash flow from operating activities    
Net income (loss) 151,686,576 (48,391,069)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (379,945,998) (7,526,215,542)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 315,012,505 7,644,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (3,606,525) (4,072,062)
Net realized (gain) loss on investments (12,505) 0
Change in unrealized (appreciation) depreciation on investments (29,656,865) 141,412,889
Decrease (Increase) in receivable on open futures contracts (2,343,342) (5,775,330)
Decrease (Increase) in interest receivable 350,287 (188,100)
Increase (Decrease) in payable to Sponsor (62,672) (31,541)
Increase (Decrease) in brokerage commissions and futures account fees payable (2,030) (667)
Increase (Decrease) in payable on open futures contracts (1,199,980) 0
Net cash provided by (used in) operating activities 50,219,451 200,738,578
Cash flow from financing activities    
Proceeds from addition of shares 114,294,849 459,350,575
Payment on shares redeemed (316,342,945) (424,214,999)
Net cash provided by (used in) financing activities (202,048,096) 35,135,576
Net increase (decrease) in cash (151,828,645) 235,874,154
Cash, beginning of period 398,178,826 476,600,261
Cash, end of period 246,350,181 712,474,415
ProShares Ultra Bloomberg Natural Gas [Member]    
Cash flow from operating activities    
Net income (loss) (374,363,233) (1,109,154,913)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations 0 (7,560,364,945)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 65,000,000 7,527,849,267
Net amortization and accretion on short-term U.S. government and agency obligations (554,490) (3,957,517)
Net realized (gain) loss on investments 0 3,570
Change in unrealized (appreciation) depreciation on investments 13,607 39,108,372
Decrease (Increase) in receivable on open futures contracts 15,527,419 (82,107,988)
Decrease (Increase) in interest receivable 1,163,149 (1,249,353)
Increase (Decrease) in payable to Sponsor (183,355) 509,363
Increase (Decrease) in brokerage commissions and futures account fees payable (32,980) 38,432
Increase (Decrease) in payable on open futures contracts (4,780,330) (1,835,443)
Net cash provided by (used in) operating activities (298,210,213) (1,191,161,155)
Cash flow from financing activities    
Proceeds from addition of shares 692,778,367 2,336,728,392
Payment on shares redeemed (524,672,326) (658,786,268)
Net cash provided by (used in) financing activities 168,106,041 1,677,942,124
Net increase (decrease) in cash (130,104,172) 486,780,969
Cash, beginning of period 582,842,023 176,734,664
Cash, end of period 452,737,851 663,515,633
ProShares Ultra Euro [Member]    
Cash flow from operating activities    
Net income (loss) (302,389) 256,325
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Change in unrealized (appreciation) depreciation on investments 509,514 96,945
Decrease (Increase) in interest receivable (562) 9,474
Increase (Decrease) in payable to Sponsor (56) (3,189)
Net cash provided by (used in) operating activities 206,507 359,555
Cash flow from financing activities    
Proceeds from addition of shares 1,140,357 2,296,437
Payment on shares redeemed (1,147,935) (4,640,991)
Net cash provided by (used in) financing activities (7,578) (2,344,554)
Net increase (decrease) in cash 198,929 (1,984,999)
Cash, beginning of period 6,785,459 10,259,418
Cash, end of period 6,984,388 8,274,419
ProShares Ultra Gold [Member]    
Cash flow from operating activities    
Net income (loss) 22,762,913 22,701,560
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (162,692,795) (264,664,939)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 85,003,011 300,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (1,403,697) (1,094,933)
Net realized (gain) loss on investments (3,011) 0
Change in unrealized (appreciation) depreciation on investments (4,440,312) (8,834,056)
Decrease (Increase) in receivable on open futures contracts (1,065,148) 8,169
Decrease (Increase) in interest receivable 130,700 (119,918)
Increase (Decrease) in payable to Sponsor 11,778 4,685
Increase (Decrease) in payable on open futures contracts (564,042) 684,839
Net cash provided by (used in) operating activities (62,260,603) 48,685,407
Cash flow from financing activities    
Proceeds from addition of shares 25,730,393 24,973,354
Payment on shares redeemed (27,624,083) (20,037,521)
Net cash provided by (used in) financing activities (1,893,690) 4,935,833
Net increase (decrease) in cash (64,154,293) 53,621,240
Cash, beginning of period 129,351,977 37,909,767
Cash, end of period 65,197,684 91,531,007
ProShares Ultra Silver [Member]    
Cash flow from operating activities    
Net income (loss) 19,875,598 (3,915,469)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (263,537,090) (1,776,762,620)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 175,004,797 1,858,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (2,299,027) (2,414,024)
Net realized (gain) loss on investments (4,797) 0
Change in unrealized (appreciation) depreciation on investments (11,327,753) (23,104,083)
Decrease (Increase) in receivable on open futures contracts (714,136) (1,907,867)
Decrease (Increase) in interest receivable 199,060 (100,488)
Increase (Decrease) in payable to Sponsor 2,189 (57,403)
Increase (Decrease) in payable on open futures contracts (3,503,958) (1,948,902)
Net cash provided by (used in) operating activities (86,305,117) 47,789,144
Cash flow from financing activities    
Proceeds from addition of shares 55,397,560 51,232,279
Payment on shares redeemed (64,811,957) (34,102,736)
Net cash provided by (used in) financing activities (9,414,397) 17,129,543
Net increase (decrease) in cash (95,719,514) 64,918,687
Cash, beginning of period 279,193,929 150,012,071
Cash, end of period 183,474,415 214,930,758
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) (76,194,028) (178,061,858)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (105,703,000) (664,522,118)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 46,921,617 629,900,478
Net amortization and accretion on short-term U.S. government and agency obligations (520,411) (526,310)
Net realized (gain) loss on investments (10,637) 7,778
Change in unrealized (appreciation) depreciation on investments 4,559 8,723
Decrease (Increase) in receivable on open futures contracts 12,799,724 109,195,498
Decrease (Increase) in interest receivable 390,696 (107,914)
Increase (Decrease) in payable to Sponsor (93,351) (112,552)
Increase (Decrease) in brokerage commissions and futures account fees payable (12,991) (16,834)
Increase (Decrease) in payable on open futures contracts 648,632 371,040
Net cash provided by (used in) operating activities (121,769,190) (103,864,069)
Cash flow from financing activities    
Proceeds from addition of shares 90,929,010 423,036,558
Payment on shares redeemed (88,827,898) (361,736,717)
Net cash provided by (used in) financing activities 2,101,112 61,299,841
Net increase (decrease) in cash (119,668,078) (42,564,228)
Cash, beginning of period 297,461,110 394,847,507
Cash, end of period 177,793,032 352,283,279
ProShares Ultra Yen [Member]    
Cash flow from operating activities    
Net income (loss) (5,317,488) (703,317)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Change in unrealized (appreciation) depreciation on investments 3,578,931 494,067
Decrease (Increase) in interest receivable (38,034) 4,301
Increase (Decrease) in payable to Sponsor 7,672 (1,699)
Net cash provided by (used in) operating activities (1,768,919) (206,648)
Cash flow from financing activities    
Proceeds from addition of shares 19,596,625 1,812,626
Payment on shares redeemed (3,863,529) (3,355,657)
Net cash provided by (used in) financing activities 15,733,096 (1,543,031)
Net increase (decrease) in cash 13,964,177 (1,749,679)
Cash, beginning of period 29,977,711 12,801,958
Cash, end of period 43,941,888 11,052,279
ProShares UltraShort Bloomberg Crude Oil [Member]    
Cash flow from operating activities    
Net income (loss) (45,220,734) 40,023,569
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (162,869,137) (239,587,448)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 90,006,779 284,998,708
Net amortization and accretion on short-term U.S. government and agency obligations (1,279,212) (956,401)
Net realized (gain) loss on investments (6,779) (488)
Change in unrealized (appreciation) depreciation on investments 17,703 14,885
Decrease (Increase) in receivable on open futures contracts 654,887 1,604,847
Decrease (Increase) in interest receivable 47,683 103,592
Increase (Decrease) in payable to Sponsor 26,591 (68,565)
Increase (Decrease) in brokerage commissions and futures account fees payable (122) (727)
Increase (Decrease) in payable on open futures contracts 5,534,125 526,742
Net cash provided by (used in) operating activities (113,088,216) 86,658,714
Cash flow from financing activities    
Proceeds from addition of shares 146,749,029 109,041,151
Payment on shares redeemed (100,056,311) (247,121,308)
Net cash provided by (used in) financing activities 46,692,718 (138,080,157)
Net increase (decrease) in cash (66,395,498) (51,421,443)
Cash, beginning of period 141,574,168 139,811,511
Cash, end of period 75,178,670 88,390,068
ProShares UltraShort Bloomberg Natural Gas [Member]    
Cash flow from operating activities    
Net income (loss) 69,286,449 139,096,808
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (98,718,829) (34,903,867)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 44,796,807 71,888,275
Net amortization and accretion on short-term U.S. government and agency obligations (531,166) (508,358)
Net realized (gain) loss on investments 1,743 2,678
Change in unrealized (appreciation) depreciation on investments 4,146 6,995
Decrease (Increase) in receivable on open futures contracts 9,882,735 14,440,205
Decrease (Increase) in interest receivable 270,767 78,984
Increase (Decrease) in payable to Sponsor (23,877) (37,297)
Increase (Decrease) in brokerage commissions and futures account fees payable (6,278) 1,562
Increase (Decrease) in payable on open futures contracts 3,043,723 11,040,838
Net cash provided by (used in) operating activities 28,006,220 201,106,823
Cash flow from financing activities    
Proceeds from addition of shares 339,666,552 347,564,637
Payment on shares redeemed (437,890,159) (507,599,401)
Net cash provided by (used in) financing activities (98,223,607) (160,034,764)
Net increase (decrease) in cash (70,217,387) 41,072,059
Cash, beginning of period 108,608,640 44,482,540
Cash, end of period 38,391,253 85,554,599
ProShares UltraShort Euro [Member]    
Cash flow from operating activities    
Net income (loss) 2,391,580 (780,548)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations 0 (54,925,175)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 4,641 95,000,000
Net amortization and accretion on short-term U.S. government and agency obligations 0 (83,003)
Net realized (gain) loss on investments (4,641) 0
Change in unrealized (appreciation) depreciation on investments (2,967,733) (141,211)
Decrease (Increase) in interest receivable 8,128 (34,330)
Increase (Decrease) in payable to Sponsor (1,818) (12,013)
Net cash provided by (used in) operating activities (569,843) 39,023,720
Cash flow from financing activities    
Proceeds from addition of shares 0 3,051,886
Payment on shares redeemed (3,046,248) (16,411,868)
Net cash provided by (used in) financing activities (3,046,248) (13,359,982)
Net increase (decrease) in cash (3,616,091) 25,663,738
Cash, beginning of period 41,090,342 37,531,356
Cash, end of period 37,474,251 63,195,094
ProShares UltraShort Gold [Member]    
Cash flow from operating activities    
Net income (loss) (1,632,525) (1,591,755)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Change in unrealized (appreciation) depreciation on investments 281,760 592,431
Decrease (Increase) in receivable on open futures contracts 17,324 (59,952)
Decrease (Increase) in interest receivable (8,566) 353
Increase (Decrease) in payable to Sponsor 1,697 (1,413)
Increase (Decrease) in payable on open futures contracts 178,749 (700)
Net cash provided by (used in) operating activities (1,161,561) (1,061,036)
Cash flow from financing activities    
Proceeds from addition of shares 3,835,173 8,364,270
Payment on shares redeemed 0 (6,179,279)
Net cash provided by (used in) financing activities 3,835,173 2,184,991
Net increase (decrease) in cash 2,673,612 1,123,955
Cash, beginning of period 11,946,483 16,020,413
Cash, end of period 14,620,095 17,144,368
ProShares UltraShort Silver [Member]    
Cash flow from operating activities    
Net income (loss) 4,645,689 1,664,594
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Change in unrealized (appreciation) depreciation on investments (331,664) 1,299,699
Decrease (Increase) in receivable on open futures contracts 329,629 59,575
Decrease (Increase) in interest receivable 108,209 7,257
Increase (Decrease) in payable to Sponsor (26,350) (4,042)
Increase (Decrease) in payable on open futures contracts 72,258 192,643
Net cash provided by (used in) operating activities 4,797,771 3,219,726
Cash flow from financing activities    
Proceeds from addition of shares 26,725,913 13,830,619
Payment on shares redeemed (69,665,081) (27,051,242)
Net cash provided by (used in) financing activities (42,939,168) (13,220,623)
Net increase (decrease) in cash (38,141,397) (10,000,897)
Cash, beginning of period 64,596,871 32,583,283
Cash, end of period 26,455,474 22,582,386
ProShares UltraShort Yen [Member]    
Cash flow from operating activities    
Net income (loss) 4,896,248 984,913
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Proceeds from sales or maturities of short-term U.S. government and agency obligations 3,541 23,000,000
Net amortization and accretion on short-term U.S. government and agency obligations 0 (4,702)
Net realized (gain) loss on investments (3,541) 0
Change in unrealized (appreciation) depreciation on investments (2,938,152) (1,859,501)
Decrease (Increase) in interest receivable (13,130) (45,381)
Increase (Decrease) in payable to Sponsor 3,470 (10,546)
Net cash provided by (used in) operating activities 1,948,436 22,064,783
Cash flow from financing activities    
Proceeds from addition of shares 7,579,960 8,356,690
Payment on shares redeemed (3,823,995) (11,110,823)
Net cash provided by (used in) financing activities 3,755,965 (2,754,133)
Net increase (decrease) in cash 5,704,401 19,310,650
Cash, beginning of period 25,242,327 4,104,127
Cash, end of period 30,946,728 23,414,777
ProShares VIX Mid-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) (2,923,290) (10,761,072)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations 0 (214,823,214)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 3,278 220,000,000
Net amortization and accretion on short-term U.S. government and agency obligations 0 (236,917)
Net realized (gain) loss on investments (3,278) 0
Change in unrealized (appreciation) depreciation on investments 0 8,075
Decrease (Increase) in receivable on open futures contracts (767,626) (26,021)
Decrease (Increase) in interest receivable (103,977) (28,792)
Increase (Decrease) in payable to Sponsor 24,354 (10,798)
Increase (Decrease) in brokerage commissions and futures account fees payable 648 (1,011)
Increase (Decrease) in payable on open futures contracts 0 14,074
Net cash provided by (used in) operating activities (3,769,891) (5,865,676)
Cash flow from financing activities    
Proceeds from addition of shares 54,425,947 7,751,336
Payment on shares redeemed (4,765,736) (12,360,023)
Net cash provided by (used in) financing activities 49,660,211 (4,608,687)
Net increase (decrease) in cash 45,890,320 (10,474,363)
Cash, beginning of period 37,611,189 33,959,989
Cash, end of period 83,501,509 23,485,626
ProShares VIX Short-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) (27,436,598) (43,510,751)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (108,597,450) (124,671,570)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 99,944,134 109,979,608
Net amortization and accretion on short-term U.S. government and agency obligations (898,230) (819,344)
Net realized (gain) loss on investments (4,830) (8)
Change in unrealized (appreciation) depreciation on investments 15,339 17,966
Decrease (Increase) in receivable on open futures contracts (3,417,756) 26,481,863
Decrease (Increase) in interest receivable 5,200 (108,848)
Increase (Decrease) in payable to Sponsor 7,232 6,899
Increase (Decrease) in brokerage commissions and futures account fees payable (3,354) (13,059)
Increase (Decrease) in payable on open futures contracts (580) 129,396
Net cash provided by (used in) operating activities (40,386,893) (32,507,848)
Cash flow from financing activities    
Proceeds from addition of shares 51,163,166 103,045,732
Payment on shares redeemed (19,729,406) (105,342,190)
Net cash provided by (used in) financing activities 31,433,760 (2,296,458)
Net increase (decrease) in cash (8,953,133) (34,804,306)
Cash, beginning of period 81,441,919 125,161,810
Cash, end of period $ 72,488,786 $ 90,357,504