v3.24.3
Investments - Fair Value of Derivative Instruments (Detail) - Not Designated as Hedging Instrument [Member] - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] $ 123,184,648 $ 122,342,647
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 242,443,922 61,421,374
VIX Futures Contracts [Member] | ProShares VIX Mid-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 422,352  
VIX Futures Contracts [Member] | Receivable on open futures contracts [Member] | ProShares Short VIX Short-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 3,835,199 12,640,624
VIX Futures Contracts [Member] | Payable on open futures contracts [Member] | ProShares Ultra VIX Short-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 6,204,920 31,183,911
VIX Futures Contracts [Member] | Payable on open futures contracts [Member] | ProShares VIX Mid-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 285,377 3,745,676
VIX Futures Contracts [Member] | Payable on open futures contracts [Member] | ProShares VIX Short-Term Futures ETF [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 2,660,820 9,664,094
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Bloomberg Crude Oil [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 68,830,037 20,191,987
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Bloomberg Natural Gas [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1]   43,607,070
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Gold [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1]   7,174,868
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares Ultra Silver [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1]   12,400,748
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares UltraShort Bloomberg Crude Oil [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1]   22,436,319
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares UltraShort Bloomberg Natural Gas [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 40,824,143  
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares UltraShort Gold [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 575,805  
Commodities Contracts [Member] | Receivables on open futures contracts and/or unrealized appreciation on swap agreements [Member] | ProShares UltraShort Silver [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation [1] 4,359,094 1,879,957
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares Ultra Bloomberg Crude Oil [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1]   5,752,284
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares Ultra Bloomberg Natural Gas [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 153,035,669  
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares Ultra Gold [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 7,320,349  
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares Ultra Silver [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 56,076,627 2,827,221
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares UltraShort Bloomberg Crude Oil [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1] 13,555,729  
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares UltraShort Bloomberg Natural Gas [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1]   3,553,507
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares UltraShort Gold [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1]   344,052
Commodities Contracts [Member] | Payable on open futures contracts and/or unrealized depreciation on swap agreements [Member] | ProShares UltraShort Silver [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation [1]   1,005,085
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts [Member] | ProShares Ultra Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation   308,424
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts [Member] | ProShares Ultra Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation 29,111 1,534,924
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts [Member] | ProShares UltraShort Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation 937,816 38,029
Foreign Exchange Contracts [Member] | Unrealized appreciation on foreign currency forward contracts [Member] | ProShares UltraShort Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives asset not accounted for as hedging instruments, Unrealized Appreciation 3,371,091 129,697
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts [Member] | ProShares Ultra Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation 140,398 1,475
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts [Member] | ProShares Ultra Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation 2,931,169 15,639
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts [Member] | ProShares UltraShort Euro [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation 17,867 1,886,808
Foreign Exchange Contracts [Member] | Unrealized depreciation on foreign currency forward contracts [Member] | ProShares UltraShort Yen [Member]    
Derivative Instruments, Gain (Loss) [Line Items]    
Derivatives liability not accounted for as hedging instruments, Unrealized Depreciation $ 214,997 $ 1,441,622
[1] 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.