v3.24.3
Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flow from operating activities    
Net income (loss) $ 8,561,527 $ (1,739,693,267)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (2,820,463,204) (23,583,170,670)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 1,973,332,631 23,734,747,679
Net amortization and accretion on short-term U.S. government and agency obligations (28,723,434) (31,075,993)
Net realized (gain) loss on investments (71,141) 195,871
Change in unrealized (appreciation) depreciation on investments 11,071,747 93,240,652
Decrease (Increase) in receivable on open futures contracts (12,140,043) 4,229,051
Decrease (Increase) in interest receivable 1,359,942 (398,777)
Increase (Decrease) in payable to Sponsor (226,522) (307,569)
Increase (Decrease) in brokerage commissions and futures account fees payable (85,133) 1,468
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)
Cash flow from financing activities    
Proceeds from addition of shares 3,397,347,736 6,655,658,102
Payment on shares redeemed (3,588,721,974) (5,059,100,757)
Net cash provided by (used in) financing activities (191,374,238) 1,596,557,345
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
ProShares Short VIX Short-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) 51,436,044 110,748,351
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (316,469,775) (278,358,687)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 260,017,669 334,826,194
Net amortization and accretion on short-term U.S. government and agency obligations (3,183,783) (1,921,222)
Net realized (gain) loss on investments (17,669) 25,811
Change in unrealized (appreciation) depreciation on investments 16,617 8,546
Decrease (Increase) in receivable on open futures contracts 7,590,582 32,523,950
Decrease (Increase) in interest receivable (39,379) 43,386
Increase (Decrease) in payable to Sponsor (17,749) (131,814)
Increase (Decrease) in brokerage commissions and futures account fees payable (9,571) (12,820)
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
Cash flow from financing activities    
Proceeds from addition of shares 147,244,261 185,319,488
Payment on shares redeemed (182,674,465) (359,168,024)
Net cash provided by (used in) financing activities (35,430,204) (173,848,536)
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 Ultra Bloomberg Crude Oil [Member]    
Cash flow from operating activities    
Net income (loss) 163,023,803 (75,227,916)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (750,343,317) (8,286,191,814)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 604,658,733 8,193,611,806
Net amortization and accretion on short-term U.S. government and agency obligations (8,704,505) (7,958,372)
Net realized (gain) loss on investments (13,201) 59,378
Change in unrealized (appreciation) depreciation on investments (37,947,339) 75,797,875
Decrease (Increase) in receivable on open futures contracts (201,572) 5,619,393
Decrease (Increase) in interest receivable 253,393 168,779
Increase (Decrease) in payable to Sponsor (105,131) (81,887)
Increase (Decrease) in brokerage commissions and futures account fees payable (5,682) 492
Increase (Decrease) in payable on open futures contracts (1,690,662) 1,541,204
Net cash provided by (used in) operating activities (31,075,480) (92,661,062)
Cash flow from financing activities    
Proceeds from addition of shares 271,243,544 812,713,784
Payment on shares redeemed (554,319,667) (870,743,885)
Net cash provided by (used in) financing activities (283,076,123) (58,030,101)
Net increase (decrease) in cash (314,151,603) (150,691,163)
Cash, beginning of period 398,178,826 476,600,261
Cash, end of period 84,027,223 325,909,098
ProShares Ultra Bloomberg Natural Gas [Member]    
Cash flow from operating activities    
Net income (loss) (218,598,189) (1,063,063,826)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations 0 (10,025,950,123)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 65,000,000 9,997,363,885
Net amortization and accretion on short-term U.S. government and agency obligations (554,490) (6,934,539)
Net realized (gain) loss on investments 0 7,216
Change in unrealized (appreciation) depreciation on investments 13,607 (46,097,928)
Decrease (Increase) in receivable on open futures contracts 0 (51,507,351)
Decrease (Increase) in interest receivable 1,088,882 (1,040,354)
Increase (Decrease) in payable to Sponsor (190,453) 396,149
Increase (Decrease) in brokerage commissions and futures account fees payable (39,977) 34,147
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)
Cash flow from financing activities    
Proceeds from addition of shares 1,043,810,566 3,160,825,013
Payment on shares redeemed (1,108,288,378) (1,541,243,728)
Net cash provided by (used in) financing activities (64,477,812) 1,619,581,285
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 Euro [Member]    
Cash flow from operating activities    
Net income (loss) (402,699) 323,924
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Change in unrealized (appreciation) depreciation on investments 447,347 175,968
Decrease (Increase) in interest receivable 5,017 12,213
Increase (Decrease) in payable to Sponsor (1,211) (4,645)
Net cash provided by (used in) operating activities 48,454 507,460
Cash flow from financing activities    
Proceeds from addition of shares 1,140,357 2,296,437
Payment on shares redeemed (2,256,140) (5,789,588)
Net cash provided by (used in) financing activities (1,115,783) (3,493,151)
Net increase (decrease) in cash (1,067,329) (2,985,691)
Cash, beginning of period 6,785,459 10,259,418
Cash, end of period 5,718,130 7,273,727
ProShares Ultra Gold [Member]    
Cash flow from operating activities    
Net income (loss) 39,368,893 8,516,835
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (306,151,213) (492,848,662)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 175,003,011 489,813,291
Net amortization and accretion on short-term U.S. government and agency obligations (3,364,465) (2,573,420)
Net realized (gain) loss on investments (3,011) 28,462
Change in unrealized (appreciation) depreciation on investments 9,641,530 13,538,644
Decrease (Increase) in receivable on open futures contracts (143,688) (487,898)
Decrease (Increase) in interest receivable 62,974 19,574
Increase (Decrease) in payable to Sponsor 21,921 7,411
Increase (Decrease) in payable on open futures contracts (564,042) 0
Net cash provided by (used in) operating activities (86,128,090) 16,014,237
Cash flow from financing activities    
Proceeds from addition of shares 56,539,425 28,209,474
Payment on shares redeemed (70,954,316) (29,333,914)
Net cash provided by (used in) financing activities (14,414,891) (1,124,440)
Net increase (decrease) in cash (100,542,981) 14,889,797
Cash, beginning of period 129,351,977 37,909,767
Cash, end of period 28,808,996 52,799,564
ProShares Ultra Silver [Member]    
Cash flow from operating activities    
Net income (loss) 158,221,508 (55,639,766)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (669,157,487) (2,203,304,232)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 332,004,797 2,212,588,221
Net amortization and accretion on short-term U.S. government and agency obligations (5,853,530) (5,008,810)
Net realized (gain) loss on investments (4,797) 46,857
Change in unrealized (appreciation) depreciation on investments 46,595,616 57,260,732
Decrease (Increase) in receivable on open futures contracts (3,689,701) (1,635,164)
Decrease (Increase) in interest receivable (333,110) 29,902
Increase (Decrease) in payable to Sponsor 119,289 (45,532)
Increase (Decrease) in payable on open futures contracts (3,503,958) (1,948,902)
Net cash provided by (used in) operating activities (145,601,373) 2,343,306
Cash flow from financing activities    
Proceeds from addition of shares 247,509,728 71,924,842
Payment on shares redeemed (222,319,260) (75,394,677)
Net cash provided by (used in) financing activities 25,190,468 (3,469,835)
Net increase (decrease) in cash (120,410,905) (1,126,529)
Cash, beginning of period 279,193,929 150,012,071
Cash, end of period 158,783,024 148,885,542
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) (120,644,835) (647,096,387)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (145,539,355) (1,156,102,958)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 96,889,241 1,192,359,088
Net amortization and accretion on short-term U.S. government and agency obligations (1,280,566) (1,530,731)
Net realized (gain) loss on investments (11,137) 3,590
Change in unrealized (appreciation) depreciation on investments (18) 3,383
Decrease (Increase) in receivable on open futures contracts 963,625 20,607,263
Decrease (Increase) in interest receivable 469,869 293,885
Increase (Decrease) in payable to Sponsor (118,635) (209,095)
Increase (Decrease) in brokerage commissions and futures account fees payable (19,755) (14,116)
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)
Cash flow from financing activities    
Proceeds from addition of shares 291,112,693 891,490,874
Payment on shares redeemed (286,888,403) (495,948,790)
Net cash provided by (used in) financing activities 4,224,290 395,542,084
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 Yen [Member]    
Cash flow from operating activities    
Net income (loss) (11,141,338) (2,731,918)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Change in unrealized (appreciation) depreciation on investments 4,421,343 1,842,176
Decrease (Increase) in interest receivable (58,147) (48)
Increase (Decrease) in payable to Sponsor 10,971 (2,410)
Net cash provided by (used in) operating activities (6,767,171) (892,200)
Cash flow from financing activities    
Proceeds from addition of shares 27,170,691 6,257,118
Payment on shares redeemed (6,133,037) (5,009,022)
Net cash provided by (used in) financing activities 21,037,654 1,248,096
Net increase (decrease) in cash 14,270,483 355,896
Cash, beginning of period 29,977,711 12,801,958
Cash, end of period 44,248,194 13,157,854
ProShares UltraShort Bloomberg Crude Oil [Member]    
Cash flow from operating activities    
Net income (loss) (45,110,567) 60,982,257
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (242,128,850) (378,541,825)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 190,006,779 394,924,819
Net amortization and accretion on short-term U.S. government and agency obligations (2,612,937) (1,821,563)
Net realized (gain) loss on investments (6,779) 11,783
Change in unrealized (appreciation) depreciation on investments 9,180 1,641
Decrease (Increase) in receivable on open futures contracts (315,222) 1,604,847
Decrease (Increase) in interest receivable 11,852 265,587
Increase (Decrease) in payable to Sponsor 408 (111,014)
Increase (Decrease) in brokerage commissions and futures account fees payable (3,509) (220)
Increase (Decrease) in payable on open futures contracts 152,793 (5,802,618)
Net cash provided by (used in) operating activities (99,996,852) 71,513,694
Cash flow from financing activities    
Proceeds from addition of shares 216,439,065 274,667,692
Payment on shares redeemed (185,768,143) (444,081,787)
Net cash provided by (used in) financing activities 30,670,922 (169,414,095)
Net increase (decrease) in cash (69,325,930) (97,900,401)
Cash, beginning of period 141,574,168 139,811,511
Cash, end of period 72,248,238 41,911,110
ProShares UltraShort Bloomberg Natural Gas [Member]    
Cash flow from operating activities    
Net income (loss) 46,225,176 127,366,761
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (188,049,532) (119,017,542)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 99,796,807 146,569,111
Net amortization and accretion on short-term U.S. government and agency obligations (1,225,504) (910,302)
Net realized (gain) loss on investments 1,743 1,263
Change in unrealized (appreciation) depreciation on investments 603 10,168
Decrease (Increase) in receivable on open futures contracts (3,695,357) (4,797,173)
Decrease (Increase) in interest receivable 110,095 46,314
Increase (Decrease) in payable to Sponsor 4,138 (37,995)
Increase (Decrease) in brokerage commissions and futures account fees payable (7,188) 951
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
Cash flow from financing activities    
Proceeds from addition of shares 706,719,280 830,673,700
Payment on shares redeemed (732,066,710) (944,455,593)
Net cash provided by (used in) financing activities (25,347,430) (113,781,893)
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 UltraShort Euro [Member]    
Cash flow from operating activities    
Net income (loss) 3,432,229 (807,376)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations 0 (54,925,175)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 4,641 95,000,000
Net amortization and accretion on short-term U.S. government and agency obligations 0 (83,003)
Net realized (gain) loss on investments (4,641) 0
Change in unrealized (appreciation) depreciation on investments (2,768,728) (697,680)
Decrease (Increase) in interest receivable 21,175 (83,135)
Increase (Decrease) in payable to Sponsor (3,976) (21,220)
Net cash provided by (used in) operating activities 680,700 38,382,411
Cash flow from financing activities    
Proceeds from addition of shares 1,591,183 3,051,886
Payment on shares redeemed (6,163,979) (26,426,388)
Net cash provided by (used in) financing activities (4,572,796) (23,374,502)
Net increase (decrease) in cash (3,892,096) 15,007,909
Cash, beginning of period 41,090,342 37,531,356
Cash, end of period 37,198,246 52,539,265
ProShares UltraShort Gold [Member]    
Cash flow from operating activities    
Net income (loss) (2,748,428) (246,407)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Change in unrealized (appreciation) depreciation on investments (608,521) (1,033,528)
Decrease (Increase) in receivable on open futures contracts 17,324 (40,101)
Decrease (Increase) in interest receivable (13,921) (19,366)
Increase (Decrease) in payable to Sponsor 2,965 1,307
Increase (Decrease) in payable on open futures contracts 17,400 1,600
Net cash provided by (used in) operating activities (3,333,181) (1,336,495)
Cash flow from financing activities    
Proceeds from addition of shares 14,532,555 16,298,343
Payment on shares redeemed (7,448,115) (14,253,435)
Net cash provided by (used in) financing activities 7,084,440 2,044,908
Net increase (decrease) in cash 3,751,259 708,413
Cash, beginning of period 11,946,483 16,020,413
Cash, end of period 15,697,742 16,728,826
ProShares UltraShort Silver [Member]    
Cash flow from operating activities    
Net income (loss) (6,077,108) 8,659,937
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations   (14,880,254)
Proceeds from sales or maturities of short-term U.S. government and agency obligations   14,937,156
Net amortization and accretion on short-term U.S. government and agency obligations   (57,808)
Net realized (gain) loss on investments   906
Change in unrealized (appreciation) depreciation on investments (4,290,837) (2,567,635)
Decrease (Increase) in receivable on open futures contracts 329,629 (185,697)
Decrease (Increase) in interest receivable (78,721) (1,333)
Increase (Decrease) in payable to Sponsor 15,561 (1,521)
Increase (Decrease) in payable on open futures contracts 823,698 5,550
Net cash provided by (used in) operating activities (9,277,778) 5,909,301
Cash flow from financing activities    
Proceeds from addition of shares 116,451,750 56,285,664
Payment on shares redeemed (98,979,561) (74,565,831)
Net cash provided by (used in) financing activities 17,472,189 (18,280,167)
Net increase (decrease) in cash 8,194,411 (12,370,866)
Cash, beginning of period 64,596,871 32,583,283
Cash, end of period 72,791,282 20,212,417
ProShares UltraShort Yen [Member]    
Cash flow from operating activities    
Net income (loss) 11,202,978 5,697,882
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Proceeds from sales or maturities of short-term U.S. government and agency obligations 3,541 23,000,000
Net amortization and accretion on short-term U.S. government and agency obligations 0 (4,702)
Net realized (gain) loss on investments (3,541) 0
Change in unrealized (appreciation) depreciation on investments (4,468,019) (5,004,524)
Decrease (Increase) in interest receivable (66,460) (50,809)
Increase (Decrease) in payable to Sponsor 15,004 (9,641)
Net cash provided by (used in) operating activities 6,683,503 23,628,206
Cash flow from financing activities    
Proceeds from addition of shares 25,021,470 26,056,375
Payment on shares redeemed (12,739,426) (28,757,792)
Net cash provided by (used in) financing activities 12,282,044 (2,701,417)
Net increase (decrease) in cash 18,965,547 20,926,789
Cash, beginning of period 25,242,327 4,104,127
Cash, end of period 44,207,874 25,030,916
ProShares VIX Mid-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) (9,938,386) (26,887,044)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (49,330,764) (254,817,825)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 3,278 305,000,000
Net amortization and accretion on short-term U.S. government and agency obligations (189,132) (305,478)
Net realized (gain) loss on investments (3,278) 0
Change in unrealized (appreciation) depreciation on investments (2,519) 5,651
Decrease (Increase) in receivable on open futures contracts (10,685,557) 142,794
Decrease (Increase) in interest receivable (79,106) (101,568)
Increase (Decrease) in payable to Sponsor 43,729 (19,128)
Increase (Decrease) in brokerage commissions and futures account fees payable 1,208 995
Increase (Decrease) in payable on open futures contracts 0 962,275
Net cash provided by (used in) operating activities (70,180,527) 23,980,672
Cash flow from financing activities    
Proceeds from addition of shares 135,188,877 21,818,758
Payment on shares redeemed (56,875,919) (29,525,260)
Net cash provided by (used in) financing activities 78,312,958 (7,706,502)
Net increase (decrease) in cash 8,132,431 16,274,170
Cash, beginning of period 37,611,189 33,959,989
Cash, end of period 45,743,620 50,234,159
ProShares VIX Short-Term Futures ETF [Member]    
Cash flow from operating activities    
Net income (loss) (49,687,554) (190,288,574)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Purchases of short-term U.S. government and agency obligations (153,292,911) (318,231,573)
Proceeds from sales or maturities of short-term U.S. government and agency obligations 149,944,134 334,754,108
Net amortization and accretion on short-term U.S. government and agency obligations (1,754,522) (1,966,043)
Net realized (gain) loss on investments (4,830) 10,605
Change in unrealized (appreciation) depreciation on investments 11,885 (2,837)
Decrease (Increase) in receivable on open futures contracts (2,310,106) 2,384,188
Decrease (Increase) in interest receivable 5,529 18,196
Increase (Decrease) in payable to Sponsor (23,353) (36,534)
Increase (Decrease) in brokerage commissions and futures account fees payable (659) (7,961)
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)
Cash flow from financing activities    
Proceeds from addition of shares 95,632,291 267,768,654
Payment on shares redeemed (54,846,455) (114,403,043)
Net cash provided by (used in) financing activities 40,785,836 153,365,611
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