v3.24.3

Investments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract] |
Fair Value of Derivative Instruments | The following tables indicate the location of derivative related items on the Statements of Financial Condition as well as the effect of derivative instruments on the Statements of Operations during the reporting period.
Fair Value of Derivative Instruments as of June 30, 2024 |
|  |  |  |  | Asset Derivatives |  |  | Liability Derivatives |
Derivatives Not Accounted for as Hedging Instruments |  | Fund |  |  | Statements of Financial Condition Location |  |  | Unrealized Appreciation |  |  | Statements of Financial Condition Location |  |  | Unrealized Depreciation |
VIX Futures Contracts |  |  |  |  |  |  | Receivable on open futures contracts |  |  |  |  |  |  |  | Payable on open futures contracts |  |  |  |  |
|  |  | ProShares Short VIX Short-Term Futures ETF |  |  |  |  |  |  | $ | 3,835,199 | * |  |  |  |  |  | $ | — |
|  |  | ProShares Ultra VIX Short-Term Futures ETF |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 6,204,920 | *
|  |  | ProShares VIX Mid-Term Futures ETF |  |  |  |  |  |  |  | 422,352 | * |  |  |  |  |  |  | 285,377 | *
|  |  | ProShares VIX Short- Term Futures ETF |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 2,660,820 | *
Commodities Contracts |  |  |  |  |  |  | Receivables on open futures contracts and/or unrealized appreciation on swap agreements |  |  |  |  |  |  |  | Payable on open futures contracts and/or unrealized depreciation on swap agreements |  |  |  |  |
|  |  | ProShares Ultra Bloomberg Crude Oil |  |  |  |  |  |  |  | 68,830,037 | * |  |  |  |  |  |  | — |
|  |  | ProShares Ultra Bloomberg Natural Gas |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 153,035,669 | *
|  |  | ProShares Ultra Gold |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 7,320,349 | *
|  |  | ProShares Ultra Silver |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 56,076,627 | *
|  |  | ProShares UltraShort Bloomberg Crude Oil |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 13,555,729 | *
|  |  | ProShares UltraShort Bloomberg Natural Gas |  |  |  |  |  |  |  | 40,824,143 | * |  |  |  |  |  |  | — |
|  |  | ProShares UltraShort Gold |  |  |  |  |  |  |  | 575,805 | * |  |  |  |  |  |  | — |
|  |  | ProShares UltraShort Silver |  |  |  |  |  |  |  | 4,359,094 | * |  |  |  |  |  |  | — |
Foreign Exchange Contracts |  |  |  |  |  |  | Unrealized appreciation on foreign currency forward contracts |  |  |  |  |  |  |  | Unrealized depreciation on foreign currency forward contracts |  |  |  |  |
|  |  | ProShares Ultra Euro |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 140,398 |
|  |  | ProShares Ultra Yen |  |  |  |  |  |  |  | 29,111 |  |  |  |  |  |  |  | 2,931,169 |
|  |  | ProShares UltraShort Euro |  |  |  |  |  |  |  | 937,816 |  |  |  |  |  |  |  | 17,867 |
|  |  | ProShares UltraShort Yen |  |  |  |  |  |  |  | 3,371,091 |  |  |  |  |  |  |  | 214,997 |
|  |  |  |  |  |  | Combined Trust: |  |  | $ | 123,184,648 | * |  |  |  |  |  | $ | 242,443,922 | *
* | 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.
Fair Value of Derivative Instruments as of December 31, 2023 |
|  |  |  |  | Asset Derivatives |  |  | Liability Derivatives |
Derivatives Not Accounted for as Hedging Instruments |  | Fund |  |  | Statements of Financial Condition Location |  |  | Unrealized Appreciation |  |  | Statements of Financial Condition Location |  |  | Unrealized Depreciation |
VIX Futures Contracts |  |  |  |  |  |  | Receivable on open futures contracts |  |  |  |  |  |  |  | Payable on open futures contracts |  |  |  |  |
|  |  | ProShares Short VIX Short-Term Futures ETF |  |  |  |  |  |  | $ | 12,640,624 | * |  |  |  |  |  | $ | — |
|  |  | ProShares Ultra VIX Short-Term Futures ETF |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 31,183,911 | *
|  |  | ProShares VIX Mid-Term Futures ETF |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 3,745,676 | *
|  |  | ProShares VIX Short- Term Futures ETF |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 9,664,094 | *
Commodities Contracts |  |  |  |  |  |  | Receivables on open futures contracts and/or unrealized appreciation on swap agreements |  |  |  |  |  |  |  | Payable on open futures contracts and/or unrealized depreciation on swap agreements |  |  |  |  |
|  |  | ProShares Ultra Bloomberg Crude Oil |  |  |  |  |  |  |  | 20,191,987 | * |  |  |  |  |  |  | 5,752,284 | *
|  |  | ProShares Ultra Bloomberg Natural Gas |  |  |  |  |  |  |  | 43,607,070 | * |  |  |  |  |  |  | — |
|  |  | ProShares Ultra Gold |  |  |  |  |  |  |  | 7,174,868 | * |  |  |  |  |  |  | — |
|  |  | ProShares Ultra Silver |  |  |  |  |  |  |  | 12,400,748 | * |  |  |  |  |  |  | 2,827,221 | *
|  |  | ProShares UltraShort Bloomberg Crude Oil |  |  |  |  |  |  |  | 22,436,319 | * |  |  |  |  |  |  | — |
|  |  | ProShares UltraShort Bloomberg Natural Gas |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 3,553,507 | *
|  |  | ProShares UltraShort Gold |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  | 344,052 | *
|  |  | ProShares UltraShort Silver |  |  |  |  |  |  |  | 1,879,957 | * |  |  |  |  |  |  | 1,005,085 | *
Foreign Exchange Contracts |  |  |  |  |  |  | Unrealized appreciation on foreign currency forward contracts |  |  |  |  |  |  |  | Unrealized depreciation on foreign currency forward contracts |  |  |  |  |
|  |  | ProShares Ultra Euro |  |  |  |  |  |  |  | 308,424 |  |  |  |  |  |  |  | 1,475 |
|  |  | ProShares Ultra Yen |  |  |  |  |  |  |  | 1,534,924 |  |  |  |  |  |  |  | 15,639 |
|  |  | ProShares UltraShort Euro |  |  |  |  |  |  |  | 38,029 |  |  |  |  |  |  |  | 1,886,808 |
|  |  | ProShares UltraShort Yen |  |  |  |  |  |  |  | 129,697 |  |  |  |  |  |  |  | 1,441,622 |
|  |  |  |  |  |  | Combined Trust: |  |  | $ | 122,342,647 | * |  |  |  |  |  | $ | 61,421,374 | *
* | 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.
Effect of Derivative Instruments on Statements of Operations |
The Effect of Derivative Instruments on the Statement of Operations For the three months ended June 30, 2024 |
Derivatives Not Accounted for as Hedging Instruments |  | Location of Gain (Loss) on Derivatives Recognized in Income |  | Fund |  | Realized Gain (Loss) on Derivatives Recognized in Income |  |  | Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
VIX Futures Contracts |  | Net realized gain (loss) on futures contracts changes in unrealized appreciation (depreciation) on futures contracts |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Short VIX Short-Term Futures ETF |  | $ | 26,761,918 |  |  | $ | (4,177,838 | )
|  |  |  | ProShares Ultra VIX Short-Term Futures ETF |  |  | (57,413,186 | ) |  |  | 11,693,863 |
|  |  |  | ProShares VIX Mid-Term Futures ETF |  |  | (8,949,418 | ) |  |  | 1,092,860 |
|  |  |  | ProShares VIX Short-Term Futures ETF |  |  | (27,512,354 | ) |  |  | 4,018,755 |
Commodities Contracts |  | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Ultra Bloomberg Crude Oil |  |  | 6,956,921 |  |  |  | (748,073 | )
|  |  |  | ProShares Ultra Bloomberg Natural Gas |  |  | 211,772,181 |  |  |  | (60,263,391 | )
|  |  |  | ProShares Ultra Gold |  |  | 31,567,821 |  |  |  | (17,232,531 | )
|  |  |  | ProShares Ultra Silver |  |  | 220,680,441 |  |  |  | (87,290,676 | )
|  |  |  | ProShares UltraShort Bloomberg Crude Oil |  |  | (143,424 | ) |  |  | (1,560,618 | )
|  |  |  | ProShares UltraShort Bloomberg Natural Gas |  |  | (44,563,292 | ) |  |  | 20,547,016 |
|  |  |  | ProShares UltraShort Gold |  |  | (2,516,474 | ) |  |  | 1,264,436 |
|  |  |  | ProShares UltraShort Silver |  |  | (16,070,138 | ) |  |  | 4,902,824 |
Foreign Exchange Contracts |  | Net realized gain (loss) on foreign currency forward contracts/ changes in unrealized appreciation (depreciation) on foreign currency forward contracts |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Ultra Euro |  |  | (219,350 | ) |  |  | 62,167 |
|  |  |  | ProShares Ultra Yen |  |  | (5,365,623 | ) |  |  | (842,412 | )
|  |  |  | ProShares UltraShort Euro |  |  | 900,760 |  |  |  | (199,005 | )
|  |  |  | ProShares UltraShort Yen |  |  | 4,417,569 |  |  |  | 1,529,867 |
|  |  |  | Combined Trust |  | $ | 340,304,352 |  |  | $ | (127,202,756 | )
The Effect of Derivative Instruments on the Statement of Operations For the six months ended June 30, 2024 |
Derivatives Not Accounted for as Hedging Instruments |  | Location of Gain (Loss) on Derivatives Recognized in Income |  | Fund |  | Realized Gain (Loss) on Derivatives Recognized in Income |  |  | Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
VIX Futures Contracts |  | Net realized gain (loss) on futures contracts changes in unrealized appreciation (depreciation) on futures contracts |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Short VIX Short-Term Futures ETF |  | $ | 55,258,866 |  |  | $ | (8,805,425 | )
|  |  |  | ProShares Ultra VIX Short-Term Futures ETF |  |  | (148,416,415 | ) |  |  | 24,978,991 |
|  |  |  | ProShares VIX Mid-Term Futures ETF |  |  | (15,057,887 | ) |  |  | 3,882,651 |
|  |  |  | ProShares VIX Short-Term Futures ETF |  |  | (59,271,318 | ) |  |  | 7,003,274 |
Commodities Contracts |  | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Ultra Bloomberg Crude Oil |  |  | 100,075,521 |  |  |  | 54,390,334 |
|  |  |  | ProShares Ultra Bloomberg Natural Gas |  |  | (30,408,733 | ) |  |  | (196,642,739 | )
|  |  |  | ProShares Ultra Gold |  |  | 50,039,092 |  |  |  | (14,495,217 | )
|  |  |  | ProShares Ultra Silver |  |  | 216,209,729 |  |  |  | (65,650,154 | )
|  |  |  | ProShares UltraShort Bloomberg Crude Oil |  |  | (12,659,025 | ) |  |  | (35,992,048 | )
|  |  |  | ProShares UltraShort Bloomberg Natural Gas |  |  | 91,065 |  |  |  | 44,377,650 |
|  |  |  | ProShares UltraShort Gold |  |  | (3,914,287 | ) |  |  | 919,857 |
|  |  |  | ProShares UltraShort Silver |  |  | (10,290,118 | ) |  |  | 3,484,222 |
Foreign Exchange Contracts |  | Net realized gain (loss) on foreign currency forward contracts/ changes in unrealized appreciation (depreciation) on foreign currency forward contracts |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Ultra Euro |  |  | (74,776 | ) |  |  | (447,347 | )
|  |  |  | ProShares Ultra Yen |  |  | (7,397,198 | ) |  |  | (4,421,343 | )
|  |  |  | ProShares UltraShort Euro |  |  | (43,101 | ) |  |  | 2,768,728 |
|  |  |  | ProShares UltraShort Yen |  |  | 6,122,840 |  |  |  | 4,468,019 |
|  |  |  | Combined Trust: |  | $ | 140,264,255 |  |  | $ | (180,180,547 | )
The Effect of Derivative Instruments on the Statement of Operations For the three months ended June 30, 2023 |
Derivatives Not Accounted for as Hedging Instruments |  | Location of Gain (Loss) on Derivatives Recognized in Income |  | Fund |  | Realized Gain (Loss) on Derivatives Recognized in Income |  |  | Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
VIX Futures Contracts |  | Net realized gain (loss) on futures contracts and/or swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and/or swap agreements |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Short VIX Short-Term Futures ETF |  | $ | 65,228,142 |  |  | $ | 9,658,017 |
|  |  |  | ProShares Ultra VIX Short-Term Futures ETF |  |  | (426,304,544 | ) |  |  | (45,320,517 | )
|  |  |  | ProShares VIX Mid-Term Futures ETF |  |  | (6,943,333 | ) |  |  | (9,677,526 | )
|  |  |  | ProShares VIX Short-Term Futures ETF |  |  | (127,229,299 | ) |  |  | (21,324,056 | )
Commodities Contracts |  | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Ultra Bloomberg Crude Oil |  |  | (76,355,417 | ) |  |  | 45,434,288 |
|  |  |  | ProShares Ultra Bloomberg Natural Gas |  |  | (616,883,269 | ) |  |  | 658,027,300 |
|  |  |  | ProShares Ultra Gold |  |  | 17,196,569 |  |  |  | (32,888,484 | )
|  |  |  | ProShares Ultra Silver |  |  | 64,662,300 |  |  |  | (119,061,722 | )
|  |  |  | ProShares UltraShort Bloomberg Crude Oil |  |  | 28,046,795 |  |  |  | (8,229,852 | )
|  |  |  | ProShares UltraShort Bloomberg Natural Gas |  |  | 48,736,428 |  |  |  | (61,246,927 | )
|  |  |  | ProShares UltraShort Gold |  |  | (1,553,151 | ) |  |  | 2,758,921 |
|  |  |  | ProShares UltraShort Silver |  |  | 1,113,596 |  |  |  | 5,650,294 |
Foreign Exchange Contracts |  | 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 |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Ultra Euro |  |  | 78,291 |  |  |  | (79,023 | )
|  |  |  | ProShares Ultra Yen |  |  | (770,142 | ) |  |  | (1,348,109 | )
|  |  |  | ProShares UltraShort Euro |  |  | (1,045,942 | ) |  |  | 556,469 |
|  |  |  | ProShares UltraShort Yen |  |  | 1,370,771 |  |  |  | 3,145,023 |
|  |  |  | Combined Trust |  | $ | (1,030,652,205 | ) |  | $ | 426,054,096 |
The Effect of Derivative Instruments on the Statement of Operations For the six months ended June 30, 2023 |
Derivatives Not Accounted for as Hedging Instruments |  | Location of Gain (Loss) on Derivatives Recognized in Income |  | Fund |  | Realized Gain (Loss) on Derivatives Recognized in Income |  |  | Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
VIX Futures Contracts |  | Net realized gain (loss) on futures contracts and/or swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and/or swap agreements |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Short VIX Short-Term Futures ETF |  | $ | 94,832,290 |  |  | $ | 12,836,824 |
|  |  |  | ProShares Ultra VIX Short-Term Futures ETF |  |  | (608,537,974 | ) |  |  | (43,274,267 | )
|  |  |  | ProShares VIX Mid-Term Futures ETF |  |  | (22,764,053 | ) |  |  | (5,086,991 | )
|  |  |  | ProShares VIX Short-Term Futures ETF |  |  | (173,326,001 | ) |  |  | (20,176,064 | )
Commodities Contracts |  | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Ultra Bloomberg Crude Oil |  |  | 9,425,010 |  |  |  | (92,725,228 | )
|  |  |  | ProShares Ultra Bloomberg Natural Gas |  |  | (1,678,514,563 | ) |  |  | 605,037,663 |
|  |  |  | ProShares Ultra Gold |  |  | 27,996,465 |  |  |  | (22,177,368 | )
|  |  |  | ProShares Ultra Silver |  |  | 35,918,436 |  |  |  | (96,674,064 | )
|  |  |  | ProShares UltraShort Bloomberg Crude Oil |  |  | 55,661,074 |  |  |  | 2,741,263 |
|  |  |  | ProShares UltraShort Bloomberg Natural Gas |  |  | 232,145,072 |  |  |  | (106,199,730 | )
|  |  |  | ProShares UltraShort Gold |  |  | (2,584,032 | ) |  |  | 2,103,219 |
|  |  |  | ProShares UltraShort Silver |  |  | 3,827,219 |  |  |  | 4,467,058 |
Foreign Exchange Contracts |  | 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 |  |  |  |  |  |  |  |  |  |
|  |  |  | ProShares Ultra Euro |  |  | 358,570 |  |  |  | (175,968 | )
|  |  |  | ProShares Ultra Yen |  |  | (1,068,950 | ) |  |  | (1,842,176 | )
|  |  |  | ProShares UltraShort Euro |  |  | (2,453,253 | ) |  |  | 702,482 |
|  |  |  | ProShares UltraShort Yen |  |  | 342,795 |  |  |  | 5,007,285 |
|  |  |  | Combined Trust: |  | $ | (2,028,741,895 | ) |  | $ | 244,563,938 |
Offsetting of Financial Assets and Liabilities | The following table presents each Fund’s derivatives by investment type and by counterparty net of amounts available for offset under a master netting agreement and the related collateral received or pledged by the Funds as of June 30, 2024.
Fair Values of Derivative Instruments as of June 30, 2024 |
|  | Assets |  |  | Liabilities |
Fund |  | Gross Amounts of Recognized Assets presented in the Statements of Financial Condition |  |  | Gross Amounts Offset in the Statements of Financial Condition |  |  | Net Amounts of Assets presented in the Statements of Financial Condition |  |  | Gross Amounts of Recognized Liabilities presented in the Statements of Financial Condition |  |  | Gross Amounts Offset in the Statements of Financial Condition |  |  | Net Amounts of Liabilities presented in the Statements of Financial Condition |
ProShares Ultra Bloomberg Crude Oil |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap agreements |  | $ | 55,947,592 |  |  | $ | — |  |  | $ | 55,947,592 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
ProShares Ultra Euro |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 140,398 |  |  |  | — |  |  |  | 140,398 |
ProShares Ultra Gold |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap agreements |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 6,552,657 |  |  |  | — |  |  |  | 6,552,657 |
ProShares Ultra Silver |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap agreements |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 49,402,333 |  |  |  | — |  |  |  | 49,402,333 |
ProShares Ultra Yen |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  |  | 29,111 |  |  |  | — |  |  |  | 29,111 |  |  |  | 2,931,169 |  |  |  | — |  |  |  | 2,931,169 |
ProShares UltraShort Euro |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  |  | 937,816 |  |  |  | — |  |  |  | 937,816 |  |  |  | 17,867 |  |  |  | — |  |  |  | 17,867 |
ProShares UltraShort Gold |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap agreements |  |  | 408,700 |  |  |  | — |  |  |  | 408,700 |  |  |  | — |  |  |  | — |  |  |  | — |
ProShares UltraShort Silver |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap agreements |  |  | 3,476,663 |  |  |  | — |  |  |  | 3,476,663 |  |  |  | — |  |  |  | — |  |  |  | — |
ProShares UltraShort Yen |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  |  | 3,371,091 |  |  |  | — |  |  |  | 3,371,091 |  |  |  | 214,997 |  |  |  | — |  |  |  | 214,997 |
The following table presents each Fund’s derivatives by investment type and by counterparty net of amounts available for offset under a master netting agreement and the related collateral received or pledged by the Funds as of December 31, 2023:
Fair Values of Derivative Instruments as of December 31, 2023 |
|  | Assets |  |  | Liabilities |
Fund |  | Gross Amounts of Recognized Assets presented in the Statements of Financial Condition |  |  | Gross Amounts Offset in the Statements of Financial Condition |  |  | Net Amounts of Assets presented in the Statements of Financial Condition |  |  | Gross Amounts of Recognized Liabilities presented in the Statements of Financial Condition |  |  | Gross Amounts Offset in the Statements of Financial Condition |  |  | Net Amounts of Liabilities presented in the Statements of Financial Condition |
ProShares Ultra Bloomberg Crude Oil |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap agreements |  | $ | 17,954,935 |  |  | $ | — |  |  | $ | 17,954,935 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
ProShares Ultra Euro |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  |  | 308,424 |  |  |  | — |  |  |  | 308,424 |  |  |  | 1,475 |  |  |  | — |  |  |  | 1,475 |
ProShares Ultra Gold |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap agreements |  |  | 3,078,593 |  |  |  | — |  |  |  | 3,078,593 |  |  |  | — |  |  |  | — |  |  |  | — |
ProShares Ultra Silver |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap agreements |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,827,221 |  |  |  | — |  |  |  | 2,827,221 |
ProShares Ultra Yen |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  |  | 1,534,924 |  |  |  | — |  |  |  | 1,534,924 |  |  |  | 15,639 |  |  |  | — |  |  |  | 15,639 |
ProShares UltraShort Euro |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  |  | 38,029 |  |  |  | — |  |  |  | 38,029 |  |  |  | 1,886,808 |  |  |  | — |  |  |  | 1,886,808 |
ProShares UltraShort Gold |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap agreements |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 199,821 |  |  |  | — |  |  |  | 199,821 |
ProShares UltraShort Silver |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Swap agreements |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 814,174 |  |  |  | — |  |  |  | 814,174 |
ProShares UltraShort Yen |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  |  | 129,697 |  |  |  | — |  |  |  | 129,697 |  |  |  | 1,441,622 |  |  |  | — |  |  |  | 1,441,622 |
Gross Amounts Not Offset in Statements of Financial Condition | Asset (Liability) amounts shown in the table below represent amounts owed to (by) the Funds for the derivative-related investments at June 30, 2024. These amounts may be collateralized by cash or financial instruments, segregated for the benefit of the Funds or the counterparties, depending on whether the related contracts are in an appreciated or depreciated position at period end. Amounts shown in the column labeled “Net Amount” represent the uncollateralized portions of these amounts at period end. These amounts may be un-collateralized due to timing differences related to market movements or due to minimum thresholds for collateral movement, as further described above under the caption “Accounting for Derivative Instruments”.
Gross Amounts Not Offset in the Statements of Financial Condition as of June 30, 2024 |
Fund |  | Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition |  |  | Financial Instruments for the Benefit of (the Funds) / the Counterparties |  |  | Cash Collateral for the Benefit of (the Funds) / the Counterparties |  |  | Net Amount |
ProShares Ultra Bloomberg Crude Oil |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Citibank, N.A. |  | $ | 12,016,665 |  |  | $ | (12,016,665 | ) |  | $ | — |  |  | $ | — |
Goldman Sachs International |  |  | 16,489,562 |  |  |  | (16,489,562 | ) |  |  | — |  |  |  | — |
Morgan Stanley & Co. International PLC |  |  | 5,009,308 |  |  |  | (5,009,308 | ) |  |  | — |  |  |  | — |
Societe Generale |  |  | 12,527,793 |  |  |  | (12,527,793 | ) |  |  | — |  |  |  | — |
UBS AG |  |  | 9,904,264 |  |  |  | (9,904,264 | ) |  |  | — |  |  |  | — |
ProShares Ultra Euro |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goldman Sachs International |  |  | (61,066 | ) |  |  | — |  |  |  | 61,066 |  |  |  | — |
UBS AG |  |  | (79,332 | ) |  |  | — |  |  |  | 79,332 |  |  |  | — |
ProShares Ultra Gold |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Citibank, N.A. |  |  | (2,813,616 | ) |  |  | 2,071,616 |  |  |  | 742,000 |  |  |  | — |
Goldman Sachs International |  |  | (1,336,379 | ) |  |  | 1,336,379 |  |  |  | — |  |  |  | — |
UBS AG |  |  | (2,402,662 | ) |  |  | 2,402,662 |  |  |  | — |  |  |  | — |
ProShares Ultra Silver |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Citibank, N.A. |  |  | (21,980,835 | ) |  |  | 3,132,135 |  |  |  | 18,848,700 |  |  |  | — |
Goldman Sachs International |  |  | (1,935,532 | ) |  |  | 1,935,532 |  |  |  | — |  |  |  | — |
Morgan Stanley & Co. International PLC |  |  | (13,131,835 | ) |  |  | 13,131,835 |  |  |  | — |  |  |  | — |
UBS AG |  |  | (12,354,131 | ) |  |  | 12,354,131 |  |  |  | — |  |  |  | — |
ProShares Ultra Yen |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goldman Sachs International |  |  | (1,433,088 | ) |  |  | — |  |  |  | 1,433,088 |  |  |  | — |
UBS AG |  |  | (1,468,970 | ) |  |  | — |  |  |  | 1,468,970 |  |  |  | — |
ProShares UltraShort Euro |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goldman Sachs International |  |  | 499,276 |  |  |  | (430,882 | ) |  |  | — |  |  |  | 68,394 |
UBS AG |  |  | 420,673 |  |  |  | (356,181 | ) |  |  | — |  |  |  | 64,492 |
ProShares UltraShort Gold |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Citibank, N.A. |  |  | 94,178 |  |  |  | — |  |  |  | — |  |  |  | 94,178 |
Goldman Sachs International |  |  | 123,607 |  |  |  | — |  |  |  | — |  |  |  | 123,607 |
UBS AG |  |  | 190,915 |  |  |  | (190,915 | ) |  |  | — |  |  |  | — |
ProShares UltraShort Silver |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Citibank, N.A. |  |  | 1,555,716 |  |  |  | (1,555,716 | ) |  |  | — |  |  |  | — |
Goldman Sachs International |  |  | 854,131 |  |  |  | (854,131 | ) |  |  | — |  |  |  | — |
Morgan Stanley & Co. International PLC |  |  | 117,766 |  |  |  | — |  |  |  | — |  |  |  | 117,766 |
UBS AG |  |  | 949,050 |  |  |  | (949,050 | ) |  |  | — |  |  |  | — |
ProShares UltraShort Yen |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goldman Sachs International |  |  | 1,709,110 |  |  |  | (1,662,941 | ) |  |  | — |  |  |  | 46,169 |
UBS AG |  |  | 1,446,984 |  |  |  | (1,432,711 | ) |  |  | — |  |  |  | 14,273 |
Asset (Liability) amounts shown in the table below represent amounts owed to (by) the Funds for the derivative-related investments at December 31, 2023. These amounts may be collateralized by cash or financial instruments, segregated for the benefit of the Funds or the counterparties, depending on whether the related contracts are in an appreciated or depreciated position at period end. Amounts shown in the column labeled “Net Amount” represent the uncollateralized portions of these amounts at period end. These amounts may be un-collateralized due to timing differences related to market movements or due to minimum thresholds for collateral movement, as further described above under the caption “Accounting for Derivative Instruments”
Gross Amounts Not Offset in the Statements of Financial Condition as of December 31, 2023 |
Fund |  | Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition |  |  | Financial Instruments for the Benefit of (the Funds) / the Counterparties |  |  | Cash Collateral for the Benefit of (the Funds) / the Counterparties |  |  | Net Amount |
ProShares Ultra Bloomberg Crude Oil |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Citibank, N.A. |  | $ | 3,938,035 |  |  | $ | (3,938,035 | ) |  | $ | — |  |  | $ | — |
Goldman Sachs International |  |  | 4,896,240 |  |  |  | (4,896,240 | ) |  |  | — |  |  |  | — |
Morgan Stanley & Co. International PLC |  |  | 2,449,576 |  |  |  | (2,449,576 | ) |  |  | — |  |  |  | — |
Societe Generale |  |  | 3,727,284 |  |  |  | (3,727,284 | ) |  |  | — |  |  |  | — |
UBS AG |  |  | 2,943,800 |  |  |  | (2,943,800 | ) |  |  | — |  |  |  | — |
ProShares Ultra Euro |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goldman Sachs International |  |  | 162,672 |  |  |  | — |  |  |  | — |  |  |  | 162,672 |
UBS AG |  |  | 144,277 |  |  |  | — |  |  |  | — |  |  |  | 144,277 |
ProShares Ultra Gold |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Citibank, N.A. |  |  | 1,321,903 |  |  |  | (1,321,903 | ) |  |  | — |  |  |  | — |
Goldman Sachs International |  |  | 627,862 |  |  |  | (627,862 | ) |  |  | — |  |  |  | — |
UBS AG |  |  | 1,128,828 |  |  |  | (1,128,828 | ) |  |  | — |  |  |  | — |
ProShares Ultra Silver |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Citibank, N.A. |  |  | (906,324 | ) |  |  | — |  |  |  | 906,324 |  |  |  | — |
Goldman Sachs International |  |  | (135,877 | ) |  |  | — |  |  |  | 135,877 |  |  |  | — |
Morgan Stanley & Co. International PLC |  |  | (921,875 | ) |  |  | — |  |  |  | 921,875 |  |  |  | — |
UBS AG |  |  | (863,145 | ) |  |  | — |  |  |  | 863,145 |  |  |  | — |
ProShares Ultra Yen |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goldman Sachs International |  |  | 646,861 |  |  |  | (465,767 | ) |  |  | — |  |  |  | 181,094 |
UBS AG |  |  | 872,424 |  |  |  | (618,104 | ) |  |  | — |  |  |  | 254,320 |
ProShares UltraShort Euro |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goldman Sachs International |  |  | (964,142 | ) |  |  | — |  |  |  | 964,142 |  |  |  | — |
UBS AG |  |  | (884,637 | ) |  |  | — |  |  |  | 884,637 |  |  |  | — |
ProShares UltraShort Gold |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Citibank, N.A. |  |  | (46,103 | ) |  |  | — |  |  |  | 46,103 |  |  |  | — |
Goldman Sachs International |  |  | (60,261 | ) |  |  | — |  |  |  | 60,261 |  |  |  | — |
UBS AG |  |  | (93,457 | ) |  |  | — |  |  |  | 93,457 |  |  |  | — |
ProShares UltraShort Silver |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Citibank, N.A. |  |  | 126,314 |  |  |  | — |  |  |  | — |  |  |  | 126,314 |
Goldman Sachs International |  |  | 56,804 |  |  |  | — |  |  |  | — |  |  |  | 56,804 |
Morgan Stanley & Co. International PLC |  |  | 7,793 |  |  |  | — |  |  |  | — |  |  |  | 7,793 |
UBS AG |  |  | (1,005,085 | ) |  |  | — |  |  |  | 1,005,085 |  |  |  | — |
ProShares UltraShort Yen |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goldman Sachs International |  |  | (701,077 | ) |  |  | — |  |  |  | 701,077 |  |  |  | — |
UBS AG |  |  | (610,848 | ) |  |  | — |  |  |  | 610,848 |  |  |  | — |

X
- Definition Schedule of gross amount not offset of financial derivative assets and liabilities. + References No definition available. + Details
Name: | ck0001415311_ScheduleOfGrossAmountNotOffsetOfFinancialDerivativeAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | ck0001415311_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of offsetting of financial derivative assets and liabilities. + References No definition available. + Details
Name: | ck0001415311_ScheduleOfOffsettingOfFinancialDerivativeAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | ck0001415311_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration