Organization - Schedule of Reclassifications in Financial Statement (Detail) - USD ($)
|
6 Months Ended |
|
|
Jun. 30, 2024 |
Jun. 30, 2023 |
Aug. 04, 2024 |
Dec. 31, 2023 |
| Total assets |
$ 3,308,456,807
|
|
|
$ 3,370,218,607
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
187,301,467
|
|
|
87,386,481
|
| Total liabilities and shareholders' equity |
3,308,456,807
|
|
|
3,370,218,607
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
(12,140,043)
|
$ 4,229,051
|
|
|
| Increase (Decrease) in payable on open futures contracts |
9,735,619
|
13,840,976
|
|
|
| Net cash provided by (used in) operating activities |
(857,648,011)
|
(1,508,390,579)
|
|
|
| Net increase (decrease) in cash |
(1,049,022,249)
|
88,166,766
|
|
|
| Cash, beginning of period |
2,597,706,107
|
2,276,152,772
|
|
|
| Cash, end of period |
1,548,683,858
|
2,364,319,538
|
|
|
| Future [Member] |
|
|
|
|
| Segregated cash balances |
632,703,644
|
|
|
1,029,381,720
|
| Receivable on open futures contracts |
41,862,726
|
|
|
29,722,683
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
47,791,682
|
|
|
38,056,063
|
| Proshares Short Vix Short Term Futures Etf [Member] |
|
|
|
|
| Total assets |
301,074,669
|
|
|
283,412,719
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
2,362,154
|
|
|
16,228,360
|
| Total liabilities and shareholders' equity |
301,074,669
|
|
|
283,412,719
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
7,590,582
|
32,523,950
|
|
|
| Increase (Decrease) in payable on open futures contracts |
1,683,430
|
0
|
|
|
| Net cash provided by (used in) operating activities |
1,006,416
|
197,751,695
|
|
|
| Net increase (decrease) in cash |
(34,423,788)
|
23,903,159
|
|
|
| Cash, beginning of period |
162,331,287
|
160,907,259
|
|
|
| Cash, end of period |
127,907,499
|
184,810,418
|
|
|
| Proshares Short Vix Short Term Futures Etf [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
94,220,318
|
|
|
107,839,052
|
| Receivable on open futures contracts |
3,623,578
|
|
|
11,214,160
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
2,131,041
|
|
|
447,611
|
| Proshares Ultra Bloomberg Natural Gas [Member] |
|
|
|
|
| Total assets |
585,322,157
|
|
$ 585,322,157
|
771,781,066
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
44,678,336
|
|
44,678,336
|
41,888,258
|
| Total liabilities and shareholders' equity |
585,322,157
|
|
585,322,157
|
771,781,066
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
0
|
(51,507,351)
|
|
|
| Increase (Decrease) in payable on open futures contracts |
22,386,869
|
8,464,653
|
|
|
| Net cash provided by (used in) operating activities |
(130,893,751)
|
(1,188,328,071)
|
|
|
| Net increase (decrease) in cash |
(195,371,563)
|
431,253,214
|
|
|
| Cash, beginning of period |
701,114,381
|
327,716,484
|
|
|
| Cash, end of period |
505,742,818
|
758,969,698
|
|
|
| Proshares Ultra Bloomberg Natural Gas [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
170,641,492
|
|
170,641,492
|
374,861,689
|
| Receivable on open futures contracts |
0
|
|
0
|
0
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
44,230,752
|
|
44,230,752
|
21,843,883
|
| Proshares Ultra VIX Short Term Futures ETF [Member] |
|
|
|
|
| Total assets |
232,336,529
|
|
|
348,895,464
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
201,331
|
|
|
339,721
|
| Total liabilities and shareholders' equity |
232,336,529
|
|
|
348,895,464
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
963,625
|
20,607,263
|
|
|
| Increase (Decrease) in payable on open futures contracts |
0
|
2,285,649
|
|
|
| Net cash provided by (used in) operating activities |
(169,291,566)
|
(589,400,429)
|
|
|
| Net increase (decrease) in cash |
(165,067,276)
|
(193,858,345)
|
|
|
| Cash, beginning of period |
337,411,617
|
583,213,839
|
|
|
| Cash, end of period |
172,344,341
|
389,355,494
|
|
|
| Proshares Ultra VIX Short Term Futures ETF [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
137,403,639
|
|
|
250,795,661
|
| Receivable on open futures contracts |
9,596,074
|
|
|
10,559,699
|
| Proshares Ultra Short Bloomberg Natural Gas [Member] |
|
|
|
|
| Total assets |
152,371,995
|
|
|
150,678,006
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
5,079,568
|
|
|
9,714,914
|
| Total liabilities and shareholders' equity |
152,371,995
|
|
|
150,678,006
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
(3,695,357)
|
(4,797,173)
|
|
|
| Increase (Decrease) in payable on open futures contracts |
(9,569,329)
|
6,151,798
|
|
|
| Net cash provided by (used in) operating activities |
(56,408,348)
|
155,383,354
|
|
|
| Net increase (decrease) in cash |
(81,755,778)
|
41,601,461
|
|
|
| Cash, beginning of period |
136,172,565
|
77,441,180
|
|
|
| Cash, end of period |
54,416,787
|
119,042,641
|
|
|
| Proshares Ultra Short Bloomberg Natural Gas [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
45,237,761
|
|
|
62,890,001
|
| Receivable on open futures contracts |
8,141,559
|
|
|
4,446,202
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
26,716
|
|
|
9,596,045
|
| Proshares VIX Short Term Futures ETF [Member] |
|
|
|
|
| Total assets |
148,478,546
|
|
|
157,404,856
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
58,518
|
|
|
83,110
|
| Total liabilities and shareholders' equity |
148,478,546
|
|
|
157,404,856
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
(2,310,106)
|
2,384,188
|
|
|
| Increase (Decrease) in payable on open futures contracts |
(580)
|
2,179,767
|
|
|
| Net cash provided by (used in) operating activities |
(57,112,967)
|
(171,186,658)
|
|
|
| Net increase (decrease) in cash |
(16,327,131)
|
(17,821,047)
|
|
|
| Cash, beginning of period |
95,126,975
|
175,279,856
|
|
|
| Cash, end of period |
78,799,844
|
157,458,809
|
|
|
| Proshares VIX Short Term Futures ETF [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
57,448,807
|
|
|
72,849,393
|
| Receivable on open futures contracts |
4,672,943
|
|
|
2,362,837
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
0
|
|
|
580
|
| Adjustment [Member] |
|
|
|
|
| Total assets |
4,651,162
|
|
|
10,775,317
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
4,651,162
|
|
|
10,775,317
|
| Total liabilities and shareholders' equity |
4,651,162
|
|
|
10,775,317
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
(125,447,933)
|
(282,094,293)
|
|
|
| Increase (Decrease) in payable on open futures contracts |
(6,124,155)
|
11,150,340
|
|
|
| Net cash provided by (used in) operating activities |
(131,572,088)
|
(270,943,953)
|
|
|
| Net increase (decrease) in cash |
(131,572,088)
|
(270,943,953)
|
|
|
| Cash, beginning of period |
218,663,282
|
449,385,156
|
|
|
| Cash, end of period |
87,091,194
|
178,441,203
|
|
|
| Adjustment [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
87,091,194
|
|
|
218,663,282
|
| Receivable on open futures contracts |
(82,440,032)
|
|
|
(207,887,965)
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
4,651,162
|
|
|
10,775,317
|
| Adjustment [Member] | Proshares Short Vix Short Term Futures Etf [Member] |
|
|
|
|
| Total assets |
|
|
|
74,931
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
|
|
|
74,931
|
| Total liabilities and shareholders' equity |
|
|
|
74,931
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
(14,991,505)
|
(15,737,458)
|
|
|
| Increase (Decrease) in payable on open futures contracts |
(74,931)
|
|
|
|
| Net cash provided by (used in) operating activities |
(15,066,436)
|
(15,737,458)
|
|
|
| Net increase (decrease) in cash |
(15,066,436)
|
(15,737,458)
|
|
|
| Cash, beginning of period |
19,191,436
|
26,960,318
|
|
|
| Cash, end of period |
4,125,000
|
11,222,860
|
|
|
| Adjustment [Member] | Proshares Short Vix Short Term Futures Etf [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
4,125,000
|
|
|
19,191,436
|
| Receivable on open futures contracts |
(4,125,000)
|
|
|
(19,116,505)
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
|
|
|
74,931
|
| Adjustment [Member] | Proshares Ultra Bloomberg Natural Gas [Member] |
|
|
|
|
| Total assets |
|
|
4,651,162
|
1,104,341
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
|
|
4,651,162
|
1,104,341
|
| Total liabilities and shareholders' equity |
|
|
4,651,162
|
1,104,341
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
(82,552,168)
|
(83,600,796)
|
|
|
| Increase (Decrease) in payable on open futures contracts |
3,546,821
|
10,300,096
|
|
|
| Net cash provided by (used in) operating activities |
(79,005,347)
|
(73,300,700)
|
|
|
| Net increase (decrease) in cash |
(79,005,347)
|
(73,300,700)
|
|
|
| Cash, beginning of period |
118,272,358
|
150,981,820
|
|
|
| Cash, end of period |
39,267,011
|
77,681,120
|
|
|
| Adjustment [Member] | Proshares Ultra Bloomberg Natural Gas [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
|
|
39,267,011
|
118,272,358
|
| Receivable on open futures contracts |
|
|
(34,615,849)
|
(117,168,017)
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
|
|
4,651,162
|
1,104,341
|
| Adjustment [Member] | Proshares Ultra VIX Short Term Futures ETF [Member] |
|
|
|
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
(23,370,463)
|
(138,417,492)
|
|
|
| Increase (Decrease) in payable on open futures contracts |
|
578,252
|
|
|
| Net cash provided by (used in) operating activities |
(23,370,463)
|
(137,839,240)
|
|
|
| Net increase (decrease) in cash |
(23,370,463)
|
(137,839,240)
|
|
|
| Cash, beginning of period |
39,950,507
|
188,366,332
|
|
|
| Cash, end of period |
16,580,044
|
50,527,092
|
|
|
| Adjustment [Member] | Proshares Ultra VIX Short Term Futures ETF [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
16,580,044
|
|
|
39,950,507
|
| Receivable on open futures contracts |
(16,580,044)
|
|
|
(39,950,507)
|
| Adjustment [Member] | Proshares Ultra Short Bloomberg Natural Gas [Member] |
|
|
|
|
| Total assets |
|
|
|
9,596,045
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
|
|
|
9,596,045
|
| Total liabilities and shareholders' equity |
|
|
|
9,596,045
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
(320,261)
|
(12,585,320)
|
|
|
| Increase (Decrease) in payable on open futures contracts |
(9,596,045)
|
0
|
|
|
| Net cash provided by (used in) operating activities |
(9,916,306)
|
(12,585,320)
|
|
|
| Net increase (decrease) in cash |
(9,916,306)
|
(12,585,320)
|
|
|
| Cash, beginning of period |
27,563,925
|
32,958,640
|
|
|
| Cash, end of period |
17,647,619
|
20,373,320
|
|
|
| Adjustment [Member] | Proshares Ultra Short Bloomberg Natural Gas [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
17,647,619
|
|
|
27,563,925
|
| Receivable on open futures contracts |
(17,647,619)
|
|
|
(17,967,880)
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
|
|
|
9,596,045
|
| Adjustment [Member] | Proshares VIX Short Term Futures ETF [Member] |
|
|
|
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
(4,213,536)
|
(31,753,227)
|
|
|
| Increase (Decrease) in payable on open futures contracts |
0
|
271,992
|
|
|
| Net cash provided by (used in) operating activities |
(4,213,536)
|
(31,481,235)
|
|
|
| Net increase (decrease) in cash |
(4,213,536)
|
(31,481,235)
|
|
|
| Cash, beginning of period |
13,685,056
|
50,118,046
|
|
|
| Cash, end of period |
9,471,520
|
18,636,811
|
|
|
| Adjustment [Member] | Proshares VIX Short Term Futures ETF [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
9,471,520
|
|
|
13,685,056
|
| Receivable on open futures contracts |
(9,471,520)
|
|
|
(13,685,056)
|
| As Previously Reported [Member] |
|
|
|
|
| Total assets |
3,303,805,645
|
|
|
3,359,443,290
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
182,650,305
|
|
|
76,611,164
|
| Total liabilities and shareholders' equity |
3,303,805,645
|
|
|
3,359,443,290
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
113,307,890
|
286,323,344
|
|
|
| Increase (Decrease) in payable on open futures contracts |
15,859,774
|
2,690,636
|
|
|
| Net cash provided by (used in) operating activities |
(726,075,923)
|
(1,237,446,626)
|
|
|
| Net increase (decrease) in cash |
(917,450,161)
|
359,110,719
|
|
|
| Cash, beginning of period |
2,379,042,825
|
1,826,767,616
|
|
|
| Cash, end of period |
1,461,592,664
|
2,185,878,335
|
|
|
| As Previously Reported [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
545,612,450
|
|
|
810,718,438
|
| Receivable on open futures contracts |
124,302,758
|
|
|
237,610,648
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
43,140,520
|
|
|
27,280,746
|
| As Previously Reported [Member] | Proshares Short Vix Short Term Futures Etf [Member] |
|
|
|
|
| Total assets |
|
|
|
283,337,788
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
|
|
|
16,153,429
|
| Total liabilities and shareholders' equity |
|
|
|
283,337,788
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
22,582,087
|
48,261,408
|
|
|
| Increase (Decrease) in payable on open futures contracts |
1,758,361
|
|
|
|
| Net cash provided by (used in) operating activities |
16,072,852
|
213,489,153
|
|
|
| Net increase (decrease) in cash |
(19,357,352)
|
39,640,617
|
|
|
| Cash, beginning of period |
143,139,851
|
133,946,941
|
|
|
| Cash, end of period |
123,782,499
|
173,587,558
|
|
|
| As Previously Reported [Member] | Proshares Short Vix Short Term Futures Etf [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
90,095,318
|
|
|
88,647,616
|
| Receivable on open futures contracts |
7,748,578
|
|
|
30,330,665
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
|
|
|
372,680
|
| As Previously Reported [Member] | Proshares Ultra Bloomberg Natural Gas [Member] |
|
|
|
|
| Total assets |
|
|
580,670,995
|
770,676,725
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
|
|
40,027,174
|
40,783,917
|
| Total liabilities and shareholders' equity |
|
|
580,670,995
|
770,676,725
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
82,552,168
|
32,093,445
|
|
|
| Increase (Decrease) in payable on open futures contracts |
18,840,048
|
(1,835,443)
|
|
|
| Net cash provided by (used in) operating activities |
(51,888,404)
|
(1,115,027,371)
|
|
|
| Net increase (decrease) in cash |
(116,366,216)
|
504,553,914
|
|
|
| Cash, beginning of period |
582,842,023
|
176,734,664
|
|
|
| Cash, end of period |
466,475,807
|
681,288,578
|
|
|
| As Previously Reported [Member] | Proshares Ultra Bloomberg Natural Gas [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
|
|
131,374,481
|
256,589,331
|
| Receivable on open futures contracts |
|
|
34,615,849
|
117,168,017
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
|
|
$ 39,579,590
|
20,739,542
|
| As Previously Reported [Member] | Proshares Ultra VIX Short Term Futures ETF [Member] |
|
|
|
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
24,334,088
|
159,024,755
|
|
|
| Increase (Decrease) in payable on open futures contracts |
|
1,707,397
|
|
|
| Net cash provided by (used in) operating activities |
(145,921,103)
|
(451,561,189)
|
|
|
| Net increase (decrease) in cash |
(141,696,813)
|
(56,019,105)
|
|
|
| Cash, beginning of period |
297,461,110
|
394,847,507
|
|
|
| Cash, end of period |
155,764,297
|
338,828,402
|
|
|
| As Previously Reported [Member] | Proshares Ultra VIX Short Term Futures ETF [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
120,823,595
|
|
|
210,845,154
|
| Receivable on open futures contracts |
26,176,118
|
|
|
50,510,206
|
| As Previously Reported [Member] | Proshares Ultra Short Bloomberg Natural Gas [Member] |
|
|
|
|
| Total assets |
|
|
|
141,081,961
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Total liabilities |
|
|
|
118,869
|
| Total liabilities and shareholders' equity |
|
|
|
141,081,961
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
(3,375,096)
|
7,788,147
|
|
|
| Increase (Decrease) in payable on open futures contracts |
26,716
|
6,151,798
|
|
|
| Net cash provided by (used in) operating activities |
(46,492,042)
|
167,968,674
|
|
|
| Net increase (decrease) in cash |
(71,839,472)
|
54,186,781
|
|
|
| Cash, beginning of period |
108,608,640
|
44,482,540
|
|
|
| Cash, end of period |
36,769,168
|
98,669,321
|
|
|
| As Previously Reported [Member] | Proshares Ultra Short Bloomberg Natural Gas [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
27,590,142
|
|
|
35,326,076
|
| Receivable on open futures contracts |
25,789,178
|
|
|
22,414,082
|
| Liabilities and Equity [Abstract] |
|
|
|
|
| Payable on open futures contracts |
|
|
|
0
|
| As Previously Reported [Member] | Proshares VIX Short Term Futures ETF [Member] |
|
|
|
|
| Statement of Cash Flows [Abstract] |
|
|
|
|
| Decrease (Increase) in receivable on open futures contracts |
1,903,430
|
34,137,415
|
|
|
| Increase (Decrease) in payable on open futures contracts |
(580)
|
1,907,775
|
|
|
| Net cash provided by (used in) operating activities |
(52,899,431)
|
(139,705,423)
|
|
|
| Net increase (decrease) in cash |
(12,113,595)
|
13,660,188
|
|
|
| Cash, beginning of period |
81,441,919
|
125,161,810
|
|
|
| Cash, end of period |
69,328,324
|
$ 138,821,998
|
|
|
| As Previously Reported [Member] | Proshares VIX Short Term Futures ETF [Member] | Future [Member] |
|
|
|
|
| Segregated cash balances |
47,977,287
|
|
|
59,164,337
|
| Receivable on open futures contracts |
$ 14,144,463
|
|
|
$ 16,047,893
|