Investments - Effect of Derivative Instruments on Statements of Operations (Detail) - USD ($)
|
3 Months Ended |
6 Months Ended |
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
$ 340,305,548
|
$ (1,030,834,546)
|
$ 140,335,396
|
$ (2,028,937,766)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(127,143,015)
|
426,320,433
|
(180,306,004)
|
244,613,184
|
| Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
340,304,352
|
(1,030,652,205)
|
140,264,255
|
(2,028,741,895)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(127,202,756)
|
426,054,096
|
(180,180,547)
|
244,563,938
|
| ProShares Short VIX Short-Term Futures ETF [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
26,761,918
|
65,202,331
|
55,276,535
|
94,806,479
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(4,167,221)
|
9,673,101
|
(8,822,042)
|
12,828,278
|
| ProShares Ultra VIX Short-Term Futures ETF [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(57,412,686)
|
(426,300,356)
|
(148,405,278)
|
(608,541,564)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
11,698,440
|
(45,315,177)
|
24,979,009
|
(43,277,650)
|
| ProShares VIX Mid-Term Futures ETF [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(8,949,418)
|
(6,943,333)
|
(15,054,609)
|
(22,764,053)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
1,095,379
|
(9,675,102)
|
3,885,170
|
(5,092,642)
|
| ProShares VIX Short-Term Futures ETF [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(27,512,354)
|
(127,239,912)
|
(59,266,488)
|
(173,336,606)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
4,022,209
|
(21,303,253)
|
6,991,389
|
(20,173,227)
|
| ProShares Ultra Bloomberg Crude Oil [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
6,957,617
|
(76,414,795)
|
100,088,722
|
9,365,632
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(738,826)
|
45,539,157
|
54,345,016
|
(92,671,285)
|
| ProShares Ultra Bloomberg Natural Gas [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
211,772,181
|
(616,886,915)
|
(30,408,733)
|
(1,678,521,779)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(60,263,391)
|
658,057,024
|
(196,656,346)
|
605,047,334
|
| ProShares Ultra Gold [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
31,567,821
|
17,168,107
|
50,042,103
|
27,968,003
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(17,226,689)
|
(32,854,842)
|
(14,505,497)
|
(22,166,463)
|
| ProShares Ultra Silver [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
220,680,441
|
64,615,443
|
216,214,526
|
35,871,579
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(87,279,257)
|
(119,017,342)
|
(65,670,658)
|
(96,665,222)
|
| ProShares UltraShort Bloomberg Crude Oil [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(143,424)
|
28,034,524
|
(12,652,246)
|
55,649,291
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(1,552,095)
|
(8,216,608)
|
(36,001,228)
|
2,739,622
|
| ProShares UltraShort Bloomberg Natural Gas [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(44,563,292)
|
48,737,843
|
89,322
|
232,143,809
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
20,550,559
|
(61,250,100)
|
44,377,047
|
(106,209,898)
|
| ProShares UltraShort Gold [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(2,516,474)
|
(1,553,151)
|
(3,914,287)
|
(2,584,032)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
1,264,436
|
2,758,921
|
919,857
|
2,103,219
|
| ProShares UltraShort Silver [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(16,070,138)
|
1,112,690
|
(10,290,118)
|
3,826,313
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
4,902,824
|
5,650,294
|
3,484,222
|
4,467,058
|
| ProShares Ultra Euro [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(219,350)
|
78,291
|
(74,776)
|
358,570
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
62,167
|
(79,023)
|
(447,347)
|
(175,968)
|
| ProShares Ultra Yen [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(5,365,623)
|
(770,142)
|
(7,397,198)
|
(1,068,950)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(842,412)
|
(1,348,109)
|
(4,421,343)
|
(1,842,176)
|
| ProShares UltraShort Euro [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
900,760
|
(1,045,942)
|
(38,460)
|
(2,453,253)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(199,005)
|
556,469
|
2,768,728
|
697,680
|
| ProShares UltraShort Yen [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
4,417,569
|
1,370,771
|
6,126,381
|
342,795
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
1,529,867
|
3,145,023
|
4,468,019
|
5,004,524
|
| VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts and/or swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and/or swap agreements [Member] | ProShares Short VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
|
65,228,142
|
|
94,832,290
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
|
9,658,017
|
|
12,836,824
|
| VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts and/or swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and/or swap agreements [Member] | ProShares Ultra VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
|
(426,304,544)
|
|
(608,537,974)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
|
(45,320,517)
|
|
(43,274,267)
|
| VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts and/or swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and/or swap agreements [Member] | ProShares VIX Mid-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
|
(6,943,333)
|
|
(22,764,053)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
|
(9,677,526)
|
|
(5,086,991)
|
| VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts and/or swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and/or swap agreements [Member] | ProShares VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
|
(127,229,299)
|
|
(173,326,001)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
|
(21,324,056)
|
|
(20,176,064)
|
| VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts/ changes in unrealized appreciation (depreciation) on futures contracts [Member] | ProShares Short VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
26,761,918
|
|
55,258,866
|
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(4,177,838)
|
|
(8,805,425)
|
|
| VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts/ changes in unrealized appreciation (depreciation) on futures contracts [Member] | ProShares Ultra VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(57,413,186)
|
|
(148,416,415)
|
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
11,693,863
|
|
24,978,991
|
|
| VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts/ changes in unrealized appreciation (depreciation) on futures contracts [Member] | ProShares VIX Mid-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(8,949,418)
|
|
(15,057,887)
|
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
1,092,860
|
|
3,882,651
|
|
| VIX Futures Contracts [Member] | Net realized gain (loss) on futures contracts/ changes in unrealized appreciation (depreciation) on futures contracts [Member] | ProShares VIX Short-Term Futures ETF [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(27,512,354)
|
|
(59,271,318)
|
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
4,018,755
|
|
7,003,274
|
|
| Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares Ultra Bloomberg Crude Oil [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
6,956,921
|
(76,355,417)
|
100,075,521
|
9,425,010
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(748,073)
|
45,434,288
|
54,390,334
|
(92,725,228)
|
| Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares Ultra Bloomberg Natural Gas [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
211,772,181
|
(616,883,269)
|
(30,408,733)
|
(1,678,514,563)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(60,263,391)
|
658,027,300
|
(196,642,739)
|
605,037,663
|
| Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares Ultra Gold [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
31,567,821
|
17,196,569
|
50,039,092
|
27,996,465
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(17,232,531)
|
(32,888,484)
|
(14,495,217)
|
(22,177,368)
|
| Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares Ultra Silver [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
220,680,441
|
64,662,300
|
216,209,729
|
35,918,436
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(87,290,676)
|
(119,061,722)
|
(65,650,154)
|
(96,674,064)
|
| Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares UltraShort Bloomberg Crude Oil [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(143,424)
|
28,046,795
|
(12,659,025)
|
55,661,074
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(1,560,618)
|
(8,229,852)
|
(35,992,048)
|
2,741,263
|
| Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares UltraShort Bloomberg Natural Gas [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(44,563,292)
|
48,736,428
|
91,065
|
232,145,072
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
20,547,016
|
(61,246,927)
|
44,377,650
|
(106,199,730)
|
| Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares UltraShort Gold [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(2,516,474)
|
(1,553,151)
|
(3,914,287)
|
(2,584,032)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
1,264,436
|
2,758,921
|
919,857
|
2,103,219
|
| Commodities Contracts [Member] | Net realized gain (loss) on futures contracts and swap agreements/ changes in unrealized appreciation (depreciation) on futures contracts and swap agreements [Member] | ProShares UltraShort Silver [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(16,070,138)
|
1,113,596
|
(10,290,118)
|
3,827,219
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
4,902,824
|
5,650,294
|
3,484,222
|
4,467,058
|
| Foreign Exchange Contracts [Member] | 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 [Member] | ProShares Ultra Euro [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
|
78,291
|
|
358,570
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
|
(79,023)
|
|
(175,968)
|
| Foreign Exchange Contracts [Member] | 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 [Member] | ProShares Ultra Yen [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
|
(770,142)
|
|
(1,068,950)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
|
(1,348,109)
|
|
(1,842,176)
|
| Foreign Exchange Contracts [Member] | 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 [Member] | ProShares UltraShort Euro [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
|
(1,045,942)
|
|
(2,453,253)
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
|
556,469
|
|
702,482
|
| Foreign Exchange Contracts [Member] | 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 [Member] | ProShares UltraShort Yen [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
|
1,370,771
|
|
342,795
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
|
$ 3,145,023
|
|
$ 5,007,285
|
| Foreign Exchange Contracts [Member] | Net realized gain (loss) on foreign currency forward contracts/ changes in unrealized appreciation (depreciation) on foreign currency forward contracts [Member] | ProShares Ultra Euro [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(219,350)
|
|
(74,776)
|
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
62,167
|
|
(447,347)
|
|
| Foreign Exchange Contracts [Member] | Net realized gain (loss) on foreign currency forward contracts/ changes in unrealized appreciation (depreciation) on foreign currency forward contracts [Member] | ProShares Ultra Yen [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
(5,365,623)
|
|
(7,397,198)
|
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(842,412)
|
|
(4,421,343)
|
|
| Foreign Exchange Contracts [Member] | Net realized gain (loss) on foreign currency forward contracts/ changes in unrealized appreciation (depreciation) on foreign currency forward contracts [Member] | ProShares UltraShort Euro [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
900,760
|
|
(43,101)
|
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
(199,005)
|
|
2,768,728
|
|
| Foreign Exchange Contracts [Member] | Net realized gain (loss) on foreign currency forward contracts/ changes in unrealized appreciation (depreciation) on foreign currency forward contracts [Member] | ProShares UltraShort Yen [Member] | Not Designated as Hedging Instrument [Member] |
|
|
|
|
| Derivative Instruments, Gain (Loss) [Line Items] |
|
|
|
|
| Realized Gain (Loss) on Derivatives Recognized in Income |
4,417,569
|
|
6,122,840
|
|
| Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
$ 1,529,867
|
|
$ 4,468,019
|
|