v3.24.3
Statements of Financial Condition - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash $ 821,558,111 $ 1,209,034,101
Receivable from capital shares sold 82,338,464 22,784,178
Interest receivable 5,126,818 6,486,760
Total assets 3,308,456,807 3,370,218,607
Liabilities    
Payable for capital shares redeemed 77,776,296 39,357,935
Brokerage commissions and futures account fees payable $ 46,364 $ 131,497
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 2,427,704 $ 2,654,226
Total liabilities 187,301,467 87,386,481
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 3,121,155,340 3,282,832,126
Total liabilities and shareholders' equity $ 3,308,456,807 $ 3,370,218,607
Shares outstanding (Note 1) 82,929,099 82,617,848
U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 1,566,273,968 $ 690,474,277
Futures Contracts [Member]    
Assets    
Segregated cash balances 632,703,644 1,029,381,720
Receivable on open futures contracts 41,862,726 29,722,683
Liabilities    
Payable on open futures contracts 47,791,682 38,056,063
Swap Agreements [Member]    
Assets    
Segregated cash balances 77,374,847 345,924,043
Unrealized appreciation 59,832,955 21,033,528
Liabilities    
Unrealized depreciation 55,954,990 3,841,216
Foreign Currency Forward Contracts [Member]    
Assets    
Segregated cash balances 17,047,256 13,366,243
Unrealized appreciation 4,338,018 2,011,074
Liabilities    
Unrealized depreciation 3,304,431 3,345,544
ProShares Short VIX Short-Term Futures ETF [Member]    
Assets    
Cash 33,687,181 54,492,235
Interest receivable 496,309 456,930
Total assets 301,074,669 283,412,719
Liabilities    
Payable for capital shares redeemed 0 15,522,316
Brokerage commissions and futures account fees payable $ 0 $ 9,571
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 231,113 $ 248,862
Total liabilities 2,362,154 16,228,360
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 298,712,515 267,184,359
Total liabilities and shareholders' equity $ 301,074,669 $ 283,412,719
Shares outstanding (Note 1) 4,868,614 5,168,614
Net asset value per share (Note 1) $ 61.35 $ 51.69
Market value per share (Note 1) (Note 2) $ 61.39 $ 51.7
ProShares Short VIX Short-Term Futures ETF [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 169,047,283 $ 109,410,342
ProShares Short VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 94,220,318 107,839,052
Receivable on open futures contracts 3,623,578 11,214,160
Liabilities    
Payable on open futures contracts 2,131,041 447,611
ProShares Ultra Bloomberg Crude Oil [Member]    
Assets    
Cash 12,820,186 123,662,313
Receivable from capital shares sold 0 5,255,022
Interest receivable 314,624 568,017
Total assets 528,324,924 655,433,741
Liabilities    
Brokerage commissions and futures account fees payable $ 0 $ 5,682
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 429,547 $ 534,678
Total liabilities 838,829 2,640,304
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 527,486,095 652,793,437
Total liabilities and shareholders' equity $ 528,324,924 $ 655,433,741
Shares outstanding (Note 1) 15,743,096 24,843,096
Net asset value per share (Note 1) $ 33.51 $ 26.28
Market value per share (Note 1) (Note 2) $ 33.5 $ 26.1
ProShares Ultra Bloomberg Crude Oil [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 387,833,913 $ 233,476,941
ProShares Ultra Bloomberg Crude Oil [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 26,299,037 70,781,753
Receivable on open futures contracts 201,572 0
Liabilities    
Payable on open futures contracts 409,282 2,099,944
ProShares Ultra Bloomberg Crude Oil [Member] | Swap Agreements [Member]    
Assets    
Segregated cash balances 44,908,000 203,734,760
Unrealized appreciation 55,947,592 17,954,935
Liabilities    
Unrealized depreciation 0 0
ProShares Ultra Bloomberg Natural Gas [Member]    
Assets    
Cash 335,101,326 326,252,692
Receivable from capital shares sold 78,742,578 4,281,925
Interest receivable 836,761 1,925,643
Total assets 585,322,157 771,781,066
Liabilities    
Payable for capital shares redeemed 0 19,366,361
Brokerage commissions and futures account fees payable $ 12,372 $ 52,349
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 435,212 $ 625,665
Total liabilities 44,678,336 41,888,258
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 540,643,821 729,892,808
Total liabilities and shareholders' equity $ 585,322,157 $ 771,781,066
Shares outstanding (Note 1) 6,933,709 5,113,709
Net asset value per share (Note 1) $ 77.97 $ 142.73
Market value per share (Note 1) (Note 2) $ 78.35 $ 142.2
ProShares Ultra Bloomberg Natural Gas [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 0 $ 64,459,117
ProShares Ultra Bloomberg Natural Gas [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 170,641,492 374,861,689
Receivable on open futures contracts 0 0
Liabilities    
Payable on open futures contracts 44,230,752 21,843,883
ProShares Ultra Euro [Member]    
Assets    
Cash 5,173,809 6,162,459
Interest receivable 22,202 27,219
Total assets $ 5,740,332 $ 7,121,102
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 4,401 $ 5,612
Total liabilities 144,799 7,087
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 5,595,533 7,114,015
Total liabilities and shareholders' equity $ 5,740,332 $ 7,121,102
Shares outstanding (Note 1) 500,000 600,000
Net asset value per share (Note 1) $ 11.19 $ 11.86
Market value per share (Note 1) (Note 2) $ 11.17 $ 11.84
ProShares Ultra Euro [Member] | Foreign Currency Forward Contracts [Member]    
Assets    
Segregated cash balances $ 544,321 $ 623,000
Unrealized appreciation 0 308,424
Liabilities    
Unrealized depreciation 140,398 1,475
ProShares Ultra Gold [Member]    
Assets    
Cash 22,156,996 92,898,206
Interest receivable 213,762 276,736
Total assets $ 223,179,438 $ 192,214,900
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 170,756 $ 148,835
Total liabilities 6,723,413 712,877
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 216,456,025 191,502,023
Total liabilities and shareholders' equity $ 223,179,438 $ 192,214,900
Shares outstanding (Note 1) 2,800,000 3,000,000
Net asset value per share (Note 1) $ 77.31 $ 63.83
Market value per share (Note 1) (Note 2) $ 77.04 $ 63.87
ProShares Ultra Gold [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 194,012,992 $ 59,507,594
ProShares Ultra Gold [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 5,910,000 4,523,500
Receivable on open futures contracts 143,688 0
Liabilities    
Payable on open futures contracts 0 564,042
ProShares Ultra Gold [Member] | Swap Agreements [Member]    
Assets    
Segregated cash balances 742,000 31,930,271
Unrealized appreciation 0 3,078,593
Liabilities    
Unrealized depreciation 6,552,657 0
ProShares Ultra Silver [Member]    
Assets    
Cash 103,479,324 160,468,637
Receivable from capital shares sold 0 2,728,828
Interest receivable 931,733 598,623
Total assets $ 620,670,996 $ 396,797,405
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 439,142 $ 319,853
Total liabilities 49,841,475 6,651,032
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 570,829,521 390,146,373
Total liabilities and shareholders' equity $ 620,670,996 $ 396,797,405
Shares outstanding (Note 1) 15,246,526 14,296,526
Net asset value per share (Note 1) $ 37.44 $ 27.29
Market value per share (Note 1) (Note 2) $ 37.09 $ 27.17
ProShares Ultra Silver [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 457,266,538 $ 114,276,025
ProShares Ultra Silver [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 36,455,000 23,499,000
Receivable on open futures contracts 3,689,701 0
Liabilities    
Payable on open futures contracts 0 3,503,958
ProShares Ultra Silver [Member] | Swap Agreements [Member]    
Assets    
Segregated cash balances 18,848,700 95,226,292
Unrealized appreciation 0 0
Liabilities    
Unrealized depreciation 49,402,333 2,827,221
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Assets    
Cash 34,940,702 86,615,956
Interest receivable 454,279 924,148
Total assets 232,336,529 348,895,464
Liabilities    
Brokerage commissions and futures account fees payable $ 16,333 $ 36,088
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 184,998 $ 303,633
Total liabilities 201,331 339,721
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 232,135,198 348,555,743
Total liabilities and shareholders' equity $ 232,336,529 $ 348,895,464
Shares outstanding (Note 1) 9,843,643 8,264,892
Net asset value per share (Note 1) $ 23.58 $ 42.17
Market value per share (Note 1) (Note 2) $ 23.54 $ 42.2
ProShares Ultra VIX Short-Term Futures ETF [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 49,941,835 $ 0
ProShares Ultra VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 137,403,639 250,795,661
Receivable on open futures contracts 9,596,074 10,559,699
ProShares Ultra Yen [Member]    
Assets    
Cash 37,116,158 27,001,312
Receivable from capital shares sold 3,034,885 0
Interest receivable 162,688 104,541
Total assets 47,474,878 31,617,176
Liabilities    
Payable for capital shares redeemed $ 0 $ 1,373,167
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 33,571 $ 22,600
Total liabilities 2,964,740 1,411,406
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 44,510,138 30,205,770
Total liabilities and shareholders' equity $ 47,474,878 $ 31,617,176
Shares outstanding (Note 1) 2,199,970 1,099,970
Net asset value per share (Note 1) $ 20.23 $ 27.46
Market value per share (Note 1) (Note 2) $ 20.3 $ 27.49
ProShares Ultra Yen [Member] | Foreign Currency Forward Contracts [Member]    
Assets    
Segregated cash balances $ 7,132,036 $ 2,976,399
Unrealized appreciation 29,111 1,534,924
Liabilities    
Unrealized depreciation 2,931,169 15,639
ProShares UltraShort Bloomberg Crude Oil [Member]    
Assets    
Cash 26,671,542 91,925,442
Interest receivable 273,758 285,610
Total assets 177,908,597 192,198,550
Liabilities    
Payable for capital shares redeemed 0 3,096,091
Brokerage commissions and futures account fees payable $ 0 $ 3,509
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 135,766 $ 135,358
Total liabilities 288,559 3,234,958
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 177,620,038 188,963,592
Total liabilities and shareholders' equity $ 177,908,597 $ 192,198,550
Shares outstanding (Note 1) 11,405,220 9,105,220
Net asset value per share (Note 1) $ 15.57 $ 20.75
Market value per share (Note 1) (Note 2) $ 15.57 $ 20.89
ProShares UltraShort Bloomberg Crude Oil [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 104,416,492 $ 49,683,885
ProShares UltraShort Bloomberg Crude Oil [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 45,576,696 49,648,726
Receivable on open futures contracts 970,109 654,887
Liabilities    
Payable on open futures contracts 152,793 0
ProShares UltraShort Bloomberg Natural Gas [Member]    
Assets    
Cash 9,179,026 73,282,564
Receivable from capital shares sold 0 9,611,378
Interest receivable 337,766 447,861
Total assets 152,371,995 150,678,006
Liabilities    
Payable for capital shares redeemed 4,937,033 0
Brokerage commissions and futures account fees payable $ 3,273 $ 10,461
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 112,546 $ 108,408
Total liabilities 5,079,568 9,714,914
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 147,292,427 140,963,092
Total liabilities and shareholders' equity $ 152,371,995 $ 150,678,006
Shares outstanding (Note 1) 2,983,712 2,933,712
Net asset value per share (Note 1) $ 49.37 $ 48.05
Market value per share (Note 1) (Note 2) $ 49.19 $ 48.21
ProShares UltraShort Bloomberg Natural Gas [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 89,475,883 $ 0
ProShares UltraShort Bloomberg Natural Gas [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 45,237,761 62,890,001
Receivable on open futures contracts 8,141,559 4,446,202
Liabilities    
Payable on open futures contracts 26,716 9,596,045
ProShares UltraShort Euro [Member]    
Assets    
Cash 32,786,134 34,758,230
Interest receivable 138,184 159,359
Total assets $ 38,274,246 $ 41,287,730
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 29,396 $ 33,372
Total liabilities 47,263 1,920,180
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 38,226,983 39,367,550
Total liabilities and shareholders' equity $ 38,274,246 $ 41,287,730
Shares outstanding (Note 1) 1,200,000 1,350,000
Net asset value per share (Note 1) $ 31.86 $ 29.16
Market value per share (Note 1) (Note 2) $ 31.83 $ 29.15
ProShares UltraShort Euro [Member] | Foreign Currency Forward Contracts [Member]    
Assets    
Segregated cash balances $ 4,412,112 $ 6,332,112
Unrealized appreciation 937,816 38,029
Liabilities    
Unrealized depreciation 17,867 1,886,808
ProShares UltraShort Gold [Member]    
Assets    
Cash 12,481,663 9,309,908
Interest receivable 55,422 41,501
Total assets $ 16,161,864 $ 12,005,308
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 12,673 $ 9,708
Total liabilities 30,073 209,529
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 16,131,791 11,795,779
Total liabilities and shareholders' equity $ 16,161,864 $ 12,005,308
Shares outstanding (Note 1) 746,977 446,977
Net asset value per share (Note 1) $ 21.6 $ 26.39
Market value per share (Note 1) (Note 2) $ 21.67 $ 26.37
ProShares UltraShort Gold [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances $ 595,000 $ 261,450
Receivable on open futures contracts 0 17,324
Liabilities    
Payable on open futures contracts 17,400 0
ProShares UltraShort Gold [Member] | Swap Agreements [Member]    
Assets    
Segregated cash balances 2,621,079 2,375,125
Unrealized appreciation 408,700 0
Liabilities    
Unrealized depreciation 0 199,821
ProShares UltraShort Silver [Member]    
Assets    
Cash 54,325,214 46,444,776
Receivable from capital shares sold 561,001 907,025
Interest receivable 252,520 173,799
Total assets $ 77,081,466 $ 66,007,324
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 59,025 $ 43,464
Total liabilities 882,723 857,638
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 76,198,743 65,149,686
Total liabilities and shareholders' equity $ 77,081,466 $ 66,007,324
Shares outstanding (Note 1) 1,697,832 897,832
Net asset value per share (Note 1) $ 44.88 $ 72.56
Market value per share (Note 1) (Note 2) $ 45.32 $ 72.96
ProShares UltraShort Silver [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances $ 8,211,000 $ 5,494,500
Receivable on open futures contracts 0 329,629
Liabilities    
Payable on open futures contracts 823,698 0
ProShares UltraShort Silver [Member] | Swap Agreements [Member]    
Assets    
Segregated cash balances 10,255,068 12,657,595
Unrealized appreciation 3,476,663 0
Liabilities    
Unrealized depreciation 0 814,174
ProShares UltraShort Yen [Member]    
Assets    
Cash 39,249,087 21,807,595
Interest receivable 166,744 100,284
Total assets $ 47,745,709 $ 25,472,308
Liabilities    
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 35,680 $ 20,676
Total liabilities 250,677 1,462,298
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 47,495,032 24,010,010
Total liabilities and shareholders' equity $ 47,745,709 $ 25,472,308
Shares outstanding (Note 1) 997,160 697,160
Net asset value per share (Note 1) $ 47.63 $ 34.44
Market value per share (Note 1) (Note 2) $ 47.56 $ 34.47
ProShares UltraShort Yen [Member] | Foreign Currency Forward Contracts [Member]    
Assets    
Segregated cash balances $ 4,958,787 $ 3,434,732
Unrealized appreciation 3,371,091 129,697
Liabilities    
Unrealized depreciation 214,997 1,441,622
ProShares VIX Mid-Term Futures ETF [Member]    
Assets    
Cash 41,038,726 31,674,194
Interest receivable 220,924 141,818
Total assets 106,310,461 37,890,952
Liabilities    
Payable for capital shares redeemed 72,839,263 0
Brokerage commissions and futures account fees payable $ 3,084 $ 1,876
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 66,662 $ 22,933
Total liabilities 72,909,009 24,809
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 33,401,452 37,866,143
Total liabilities and shareholders' equity $ 106,310,461 $ 37,890,952
Shares outstanding (Note 1) 2,337,403 2,262,403
Net asset value per share (Note 1) $ 14.29 $ 16.74
Market value per share (Note 1) (Note 2) $ 14.33 $ 16.75
ProShares VIX Mid-Term Futures ETF [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 49,522,415 $ 0
ProShares VIX Mid-Term Futures ETF [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 4,704,894 5,936,995
Receivable on open futures contracts 10,823,502 137,945
ProShares VIX Short-Term Futures ETF [Member]    
Assets    
Cash 21,351,037 22,277,582
Interest receivable 249,142 254,671
Total assets 148,478,546 157,404,856
Liabilities    
Brokerage commissions and futures account fees payable $ 11,302 $ 11,961
Accounts Payable, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Payable to Sponsor $ 47,216 $ 70,569
Total liabilities 58,518 83,110
Commitments and Contingencies (Note 2)
Shareholders' equity    
Shareholders' equity 148,420,028 157,321,746
Total liabilities and shareholders' equity $ 148,478,546 $ 157,404,856
Shares outstanding (Note 1) 3,425,237 2,537,737
Net asset value per share (Note 1) $ 43.33 $ 61.99
Market value per share (Note 1) (Note 2) $ 43.4 $ 62.04
ProShares VIX Short-Term Futures ETF [Member] | U.S. Government Agencies Short-term Debt Securities [Member]    
Assets    
Short-term U.S. government and agency obligations (Note 3) $ 64,756,617 $ 59,660,373
ProShares VIX Short-Term Futures ETF [Member] | Futures Contracts [Member]    
Assets    
Segregated cash balances 57,448,807 72,849,393
Receivable on open futures contracts 4,672,943 2,362,837
Liabilities    
Payable on open futures contracts $ 0 $ 580