v3.25.2
Financial Highlights - Per Share Operating Performance (Detail) - $ / shares
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
ProShares Short VIX Short-Term Futures ETF [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 45.79 $ 56.38 [1] $ 50.03 $ 51.69 [1]
Net investment income (loss) 0.23 0.5 [1] 0.51 0.91 [1]
Net realized and unrealized gain (loss) [2] (3.4) 4.47 [1] (7.92) 8.75 [1]
Change in net asset value from operations (3.17) 4.97 [1] (7.41) 9.66 [1]
Net asset value, ending balance 42.62 61.35 [1] 42.62 61.35 [1]
Market value per share, beginning balance [3] 45.76 56.37 [1] 50.06 51.7 [1]
Market value per share, ending balance [3] $ 42.6 $ 61.39 [1] $ 42.6 $ 61.39 [1]
Total Return, at net asset value (6.90%) [4] 8.80% [1],[5] (14.80%) [4] 18.70% [1],[5]
Total Return, at market value (6.90%) [4] 8.90% [1],[5] (14.90%) [4] 18.70% [1],[5]
Ratios to Average Net Assets        
Expense ratio [6],[7] 1.18% 1.18% [1] 1.19% 1.18% [1]
Net investment income gain (loss) [6] 2.40% 3.49% 2.43% 3.28% [1]
ProShares Ultra Bloomberg Crude Oil [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 27.13 $ 33.19 $ 27.49 $ 26.28
Net investment income (loss) 0.12 0.29 0.28 0.44
Net realized and unrealized gain (loss) [2] (4.76) 0.03 (5.28) 6.79
Change in net asset value from operations (4.64) 0.32 (5) 7.23
Net asset value, ending balance 22.49 33.51 22.49 33.51
Market value per share, beginning balance [3] 27.06 33 27.5 26.1
Market value per share, ending balance [3] $ 22.41 $ 33.5 $ 22.41 $ 33.5
Total Return, at net asset value (17.10%) [4] 1.00% [5] (18.20%) [4] 27.50% [5]
Total Return, at market value (17.20%) [4] 1.50% [5] (18.50%) [4] 28.40% [5]
Ratios to Average Net Assets        
Expense ratio [6],[7] 1.01% 0.98% 1.00% 0.99%
Net investment income gain (loss) [6] 2.22% 3.62% 2.34% 2.89%
ProShares Ultra Bloomberg Natural Gas [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 85.29 $ 65.67 [1] $ 54.84 $ 142.73 [1]
Net investment income (loss) 0.3 0.62 [1] 0.73 1.28 [1]
Net realized and unrealized gain (loss) [2] (39.24) 11.68 [1] (9.22) (66.04) [1]
Change in net asset value from operations (38.94) 12.3 [1] (8.49) (64.76) [1]
Net asset value, ending balance 46.35 77.97 [1] 46.35 77.97 [1]
Market value per share, beginning balance [3] 85.76 64.3 [1] 55.82 142.2 [1]
Market value per share, ending balance [3] $ 46.08 $ 78.35 [1] $ 46.08 $ 78.35 [1]
Total Return, at net asset value (45.70%) [4] 18.70% [1],[5] (15.50%) [4] (45.40%) [1],[5]
Total Return, at market value (46.30%) [4] 21.90% [1],[5] (17.50%) [4] (44.90%) [1],[5]
Ratios to Average Net Assets        
Expense ratio [6],[7] 1.48% 1.54% [1] 1.47% 1.51% [1]
Net investment income gain (loss) [6] 2.12% 3.04% 2.31% 2.89% [1]
ProShares Ultra Euro [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 11.36 $ 11.34 $ 10.46 $ 11.86
Net investment income (loss) 0.08 0.11 0.16 0.21
Net realized and unrealized gain (loss) [2] 1.96 (0.26) 2.78 (0.88)
Change in net asset value from operations 2.04 (0.15) 2.94 (0.67)
Net asset value, ending balance 13.4 11.19 13.4 11.19
Market value per share, beginning balance [3] 11.38 11.32 10.45 11.84
Market value per share, ending balance [3] $ 13.37 $ 11.17 $ 13.37 $ 11.17
Total Return, at net asset value 17.90% [4] (1.30%) [5] 28.10% [4] (5.60%) [5]
Total Return, at market value 17.50% [4] (1.30%) [5] 27.90% [4] (5.70%) [5]
Ratios to Average Net Assets        
Expense ratio [6],[7] 0.95% 0.95% 0.95% 0.95%
Net investment income gain (loss) [6] 2.65% 3.87% 2.67% 3.80%
ProShares Ultra Gold [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance [1] $ 32.04 $ 18 $ 23.36 $ 15.96
Net investment income (loss) [1] 0.27 0.19 0.48 0.33
Net realized and unrealized gain (loss) [1],[2] 2.09 1.14 10.56 3.04
Change in net asset value from operations [1] 2.36 1.33 11.04 3.37
Net asset value, ending balance [1] 34.4 19.33 34.4 19.33
Market value per share, beginning balance [1],[3] 32.18 18.07 23.37 15.97
Market value per share, ending balance [1],[3] $ 34.66 $ 19.26 $ 34.66 $ 19.26
Total Return, at net asset value [1] 7.40% [4] 7.40% [5] 47.20% [4] 21.10% [5]
Total Return, at market value [1] 7.70% [4] 6.60% [5] 48.30% [4] 20.60% [5]
Ratios to Average Net Assets        
Expense ratio [1],[6],[7] 0.97% 0.96% 0.97% 0.97%
Net investment income gain (loss) [6] 3.09% [1] 3.94% 3.11% [1] 3.70% [1]
ProShares Ultra Silver [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 45.74 $ 28.53 $ 33.56 $ 27.29
Net investment income (loss) 0.31 0.35 0.59 0.54
Net realized and unrealized gain (loss) [2] 1.02 8.56 12.92 9.61
Change in net asset value from operations 1.33 8.91 13.51 10.15
Net asset value, ending balance 47.07 37.44 47.07 37.44
Market value per share, beginning balance [3] 46.16 28.74 33.67 27.17
Market value per share, ending balance [3] $ 47.49 $ 37.09 $ 47.49 $ 37.09
Total Return, at net asset value 2.90% [4] 31.20% [5] 40.20% [4] 37.20% [5]
Total Return, at market value 2.90% [4] 29.10% [5] 41.10% [4] 36.50% [5]
Ratios to Average Net Assets        
Expense ratio [6],[7] 0.99% 0.99% 0.98% 0.99%
Net investment income gain (loss) [6] 2.91% 3.77% 2.85% 3.44%
ProShares Ultra VIX Short-Term Futures ETF [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 23.44 $ 31.46 [1] $ 20.77 $ 42.17 [1]
Net investment income (loss) 0.07 0.15 [1] 0.13 0.35 [1]
Net realized and unrealized gain (loss) [2] (4.82) (8.03) [1] (2.21) (18.94) [1]
Change in net asset value from operations (4.75) (7.88) [1] (2.08) (18.59) [1]
Net asset value, ending balance 18.69 23.58 [1] 18.69 23.58 [1]
Market value per share, beginning balance [3] 23.43 31.6 [1] 20.72 42.2 [1]
Market value per share, ending balance [3] $ 18.75 $ 23.54 [1] $ 18.75 $ 23.54 [1]
Total Return, at net asset value (20.30%) [4] (25.00%) [1],[5] (10.00%) [4] (44.10%) [1],[5]
Total Return, at market value (20.00%) [4] (25.50%) [1],[5] (9.50%) [4] (44.20%) [1],[5]
Ratios to Average Net Assets        
Expense ratio [6],[7] 1.73% 1.84% [1] 1.89% 1.80% [1]
Net investment income gain (loss) [6] 1.21% 2.17% 1.21% 2.16% [1]
ProShares Ultra Yen [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 21.9 $ 23.33 $ 20.23 $ 27.46
Net investment income (loss) 0.15 0.2 0.3 0.41
Net realized and unrealized gain (loss) [2] 1.27 (3.3) 2.79 (7.64)
Change in net asset value from operations 1.42 (3.1) 3.09 (7.23)
Net asset value, ending balance 23.32 20.23 23.32 20.23
Market value per share, beginning balance [3] 21.89 23.35 20.35 27.49
Market value per share, ending balance [3] $ 23.23 $ 20.3 $ 23.23 $ 20.3
Total Return, at net asset value 6.50% [4] (13.30%) [5] 15.30% [4] (26.30%) [5]
Total Return, at market value 6.10% [4] (13.10%) [5] 14.20% [4] (26.20%) [5]
Ratios to Average Net Assets        
Expense ratio [6],[7] 0.95% 0.95% 0.95% 0.95%
Net investment income gain (loss) [6] 2.64% 3.67% 2.67% 3.64%
ProShares UltraShort Bloomberg Crude Oil [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 16.74 $ 15.92 $ 16.93 $ 20.75
Net investment income (loss) 0.13 0.16 0.24 0.32
Net realized and unrealized gain (loss) [2] 1.15 (0.51) 0.85 (5.5)
Change in net asset value from operations 1.28 (0.35) 1.09 (5.18)
Net asset value, ending balance 18.02 15.57 18.02 15.57
Market value per share, beginning balance [3] 16.76 16.02 16.92 20.89
Market value per share, ending balance [3] $ 18.06 $ 15.57 $ 18.06 $ 15.57
Total Return, at net asset value 7.70% [4] (2.20%) [5] 6.50% [4] (25.00%) [5]
Total Return, at market value 7.80% [4] (2.80%) [5] 6.70% [4] (25.50%) [5]
Ratios to Average Net Assets        
Expense ratio [6],[7] 1.15% 1.04% 1.10% 1.05%
Net investment income gain (loss) [6] 2.65% 3.89% 2.71% 3.77%
ProShares UltraShort Bloomberg Natural Gas [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 19.7 $ 76.47 [1] $ 43.61 $ 48.05 [1]
Net investment income (loss) 0.14 0.38 [1] 0.29 0.78 [1]
Net realized and unrealized gain (loss) [2] 5.6 (27.48) [1] (18.46) 0.54 [1]
Change in net asset value from operations 5.74 (27.1) [1] (18.17) 1.32 [1]
Net asset value, ending balance 25.44 49.37 [1] 25.44 49.37 [1]
Market value per share, beginning balance [3] 19.57 78.35 [1] 42.74 48.21 [1]
Market value per share, ending balance [3] $ 25.61 $ 49.19 [1] $ 25.61 $ 49.19 [1]
Total Return, at net asset value 29.20% [4] (35.40%) [1],[5] (41.70%) [4] 2.80% [1],[5]
Total Return, at market value 30.90% [4] (37.20%) [1],[5] (40.10%) [4] 2.00% [1],[5]
Ratios to Average Net Assets        
Expense ratio [6],[7] 1.49% 1.92% [1] 1.46% 1.93% [1]
Net investment income gain (loss) [6] 2.34% 2.92% 2.40% 2.92% [1]
ProShares UltraShort Euro [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 32.3 $ 30.97 $ 34.91 $ 29.16
Net investment income (loss) 0.2 0.28 0.43 0.55
Net realized and unrealized gain (loss) [2] (5.05) 0.61 (7.89) 2.15
Change in net asset value from operations (4.85) 0.89 (7.46) 2.7
Net asset value, ending balance 27.45 31.86 27.45 31.86
Market value per share, beginning balance [3] 32.27 30.96 34.92 29.15
Market value per share, ending balance [3] $ 27.48 $ 31.83 $ 27.48 $ 31.83
Total Return, at net asset value (15.00%) [4] 2.90% [5] (21.40%) [4] 9.20% [5]
Total Return, at market value (14.80%) [4] 2.80% [5] (21.30%) [4] 9.20% [5]
Ratios to Average Net Assets        
Expense ratio [6],[7] 0.95% 0.95% 0.95% 0.95%
Net investment income gain (loss) [6] 2.70% 3.54% 2.71% 3.58%
ProShares UltraShort Gold [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance [1] $ 25.44 $ 46.9 $ 35.11 $ 52.78
Net investment income (loss) [1] 0.14 0.35 0.29 0.76
Net realized and unrealized gain (loss) [1],[2] (3.14) (4.06) (12.96) (10.35)
Change in net asset value from operations [1] (3) (3.71) (12.67) (9.59)
Net asset value, ending balance [1] 22.44 43.19 22.44 43.19
Market value per share, beginning balance [1],[3] 25.34 46.76 35.16 52.74
Market value per share, ending balance [1],[3] $ 22.26 $ 43.34 $ 22.26 $ 43.34
Total Return, at net asset value [1] (11.80%) [4] (7.90%) [5] (36.10%) [4] (18.20%) [5]
Total Return, at market value [1] (12.20%) [4] (7.30%) [5] (36.70%) [4] (17.80%) [5]
Ratios to Average Net Assets        
Expense ratio [1],[6],[7] 1.00% 0.98% 0.99% 0.98%
Net investment income gain (loss) [6] 2.41% [1] 3.29% 2.43% [1] 3.26% [1]
ProShares UltraShort Silver [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 29.6 $ 67.29 [1] $ 42.4 $ 72.56 [1]
Net investment income (loss) 0.14 0.36 [1] 0.29 0.83 [1]
Net realized and unrealized gain (loss) [2] (3.71) (22.77) [1] (16.66) (28.51) [1]
Change in net asset value from operations (3.57) (22.41) [1] (16.37) (27.68) [1]
Net asset value, ending balance 26.03 44.88 [1] 26.03 44.88 [1]
Market value per share, beginning balance [3] 29.33 66.84 [1] 42 72.96 [1]
Market value per share, ending balance [3] $ 25.81 $ 45.32 [1] $ 25.81 $ 45.32 [1]
Total Return, at net asset value (12.10%) [4] (33.30%) [1],[5] (38.60%) [4] (38.20%) [1],[5]
Total Return, at market value (12.00%) [4] (32.20%) [1],[5] (38.60%) [4] (37.90%) [1],[5]
Ratios to Average Net Assets        
Expense ratio [6],[8] 1.03% 1.04% [1] 1.02% 1.03% [1]
Net investment income gain (loss) [6] 1.93% 3.04% [1] 1.84% 3.01% [1]
ProShares UltraShort Yen [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 44.29 $ 40.97 [1] $ 47.66 $ 34.44 [1]
Net investment income (loss) 0.29 0.39 [1] 0.59 0.74 [1]
Net realized and unrealized gain (loss) [2] (3.23) 6.27 [1] (6.9) 12.45 [1]
Change in net asset value from operations (2.94) 6.66 [1] (6.31) 13.19 [1]
Net asset value, ending balance 41.35 47.63 [1] 41.35 47.63 [1]
Market value per share, beginning balance [3] 44.3 40.92 [1] 46.68 34.47 [1]
Market value per share, ending balance [3] $ 41.38 $ 47.56 [1] $ 41.38 $ 47.56 [1]
Total Return, at net asset value (6.60%) [4] 16.30% [1],[5] (13.20%) [4] 38.30% [1],[5]
Total Return, at market value (6.60%) [4] 16.20% [1],[5] (11.40%) [4] 38.00% [1],[5]
Ratios to Average Net Assets        
Expense ratio [6],[8] 0.95% 0.95% [1] 0.95% 0.95% [1]
Net investment income gain (loss) [6] 2.78% 3.52% [1] 2.76% 3.55% [1]
ProShares VIX Mid-Term Futures ETF [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 15.84 $ 15.85 $ 14.51 $ 16.74
Net investment income (loss) 0.12 0.13 0.21 0.27
Net realized and unrealized gain (loss) 0.77 [2] (1.69) 2.01 [2] (2.72) [2]
Change in net asset value from operations 0.89 (1.56) 2.22 (2.45)
Net asset value, ending balance 16.73 14.29 16.73 14.29
Market value per share, beginning balance [3] 15.85 15.85 14.46 16.75
Market value per share, ending balance [3] $ 16.76 $ 14.33 $ 16.76 $ 14.33
Total Return, at net asset value 5.60% [4] (9.90%) [5] 15.30% [4] (14.60%) [5]
Total Return, at market value 5.70% [4] (9.60%) [5] 15.90% [4] (14.50%) [5]
Ratios to Average Net Assets        
Expense ratio [6],[8] 0.99% 1.19% 1.03% 1.15%
Net investment income gain (loss) [6] 2.74% 3.73% 2.70% 3.63%
ProShares VIX Short-Term Futures ETF [Member]        
Investment Company, Financial Highlights [Line Items]        
Net asset value, beginning balance $ 50.29 $ 51.72 [1] $ 45.05 $ 61.99
Net investment income (loss) 0.32 0.41 [1] 0.55 0.89
Net realized and unrealized gain (loss) [2] (3.82) (8.8) [1] 1.19 (19.55)
Change in net asset value from operations (3.5) (8.39) [1] 1.74 (18.66)
Net asset value, ending balance 46.79 43.33 [1] 46.79 43.33 [1]
Market value per share, beginning balance [3] 50.26 51.84 [1] 45.02 62.04
Market value per share, ending balance [3] $ 46.88 $ 43.4 [1] $ 46.88 $ 43.4 [1]
Total Return, at net asset value (7.00%) [4] (16.20%) [1],[5] 3.90% [4] (30.10%) [5]
Total Return, at market value (6.70%) [4] (16.30%) [1],[5] 4.10% [4] (30.00%) [5]
Ratios to Average Net Assets        
Expense ratio [6],[8] 1.26% 1.04% [1] 1.34% 1.04%
Net investment income gain (loss) [6] 2.27% 3.40% [1] 2.24% 3.40%
[1] See Note 1 of these Notes to Financial Statements.
[2] The amount shown for a share outstanding throughout the period may not accord with the change in aggregate gains and losses during the period because of timing of creation and redemption units in relation to fluctuating net asset value during the period.
[3] Market values are determined at the close of the applicable primary listing exchange, which may be later than when the Funds’ net asset value is calculated.
[4] Percentages are not annualized for the period ended June 30, 2025.
[5] Percentages are not annualized for the period ended June 30, 2024.
[6] Percentages are annualized.
[7] The expense ratio would be 0.95%, 0.95%, 0.95%, 0.95%, 0.95% and 0.95%, respectively, if brokerage commissions and futures account fees were excluded.
[8] The expense ratio would be 0.95%, 0.95%, 0.85% and 0.85%, respectively, if brokerage commissions and futures account fees were excluded.