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			<link:definition>110004 - Disclosure - ProShares Short 7-10 Year Treasury Investment Strategy</link:definition>
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			<link:definition>110005 - Disclosure - ProShares Short 7-10 Year Treasury Investment Risks</link:definition>
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			<link:definition>110006 - Disclosure - ProShares Short 7-10 Year Treasury Performance Management</link:definition>
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			<link:definition>120010 - Disclosure - ProShares Short 7-10 Year Treasury Shareholder Fees</link:definition>
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			<link:definition>120020 - Disclosure - ProShares Short 7-10 Year Treasury Annual Fund Operating Expenses</link:definition>
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			<link:definition>120030 - Disclosure - ProShares Short 7-10 Year Treasury Expense Example</link:definition>
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			<link:definition>120040 - Disclosure - ProShares Short 7-10 Year Treasury Expense Example, No Redemption</link:definition>
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			<link:definition>120045 - Disclosure - ProShares Short 7-10 Year Treasury Risks Data</link:definition>
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			<link:definition>120050 - Disclosure - ProShares Short 7-10 Year Treasury Annual Total Returns</link:definition>
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			<link:definition>120060 - Disclosure - ProShares Short 7-10 Year Treasury Average Annual Total Returns</link:definition>
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			<link:definition>120070 - Disclosure - ProShares Short 7-10 Year Treasury Market Index Performance</link:definition>
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			<link:definition>110000 - Disclosure - ProShares Short 7-10 Year Treasury N-1A Cover</link:definition>
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			<link:definition>110001 - Disclosure - ProShares Short 7-10 Year Treasury N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>210002 - Disclosure - ProShares Short 20plus Year Treasury Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>210003 - Disclosure - ProShares Short 20plus Year Treasury Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>210004 - Disclosure - ProShares Short 20plus Year Treasury Investment Strategy</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>210005 - Disclosure - ProShares Short 20plus Year Treasury Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>210006 - Disclosure - ProShares Short 20plus Year Treasury Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>220010 - Disclosure - ProShares Short 20plus Year Treasury Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>220020 - Disclosure - ProShares Short 20plus Year Treasury Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>220030 - Disclosure - ProShares Short 20plus Year Treasury Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>220040 - Disclosure - ProShares Short 20plus Year Treasury Expense Example, No Redemption</link:definition>
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			<link:definition>220045 - Disclosure - ProShares Short 20plus Year Treasury Risks Data</link:definition>
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			<link:definition>220050 - Disclosure - ProShares Short 20plus Year Treasury Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>220060 - Disclosure - ProShares Short 20plus Year Treasury Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>220070 - Disclosure - ProShares Short 20plus Year Treasury Market Index Performance</link:definition>
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			<link:definition>210000 - Disclosure - ProShares Short 20plus Year Treasury N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>210001 - Disclosure - ProShares Short 20plus Year Treasury N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>310002 - Disclosure - ProShares Short Dow 30 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>310003 - Disclosure - ProShares Short Dow 30 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>310004 - Disclosure - ProShares Short Dow 30 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>310005 - Disclosure - ProShares Short Dow 30 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/3/role/PerformanceManagement" id="wwwProSharescom_3_PerformanceManagement">
			<link:definition>310006 - Disclosure - ProShares Short Dow 30 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/3/role/ShareholderFeesData" id="wwwProSharescom_3_ShareholderFeesData">
			<link:definition>320010 - Disclosure - ProShares Short Dow 30 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>320020 - Disclosure - ProShares Short Dow 30 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>320030 - Disclosure - ProShares Short Dow 30 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>320040 - Disclosure - ProShares Short Dow 30 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>320045 - Disclosure - ProShares Short Dow 30 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>320050 - Disclosure - ProShares Short Dow 30 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>320060 - Disclosure - ProShares Short Dow 30 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>320070 - Disclosure - ProShares Short Dow 30 Market Index Performance</link:definition>
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			<link:definition>310000 - Disclosure - ProShares Short Dow 30 N-1A Cover</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>310001 - Disclosure - ProShares Short Dow 30 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>410002 - Disclosure - ProShares Short Financials Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>410003 - Disclosure - ProShares Short Financials Fees and Expenses</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/4/role/InvestmentStrategy" id="wwwProSharescom_4_InvestmentStrategy">
			<link:definition>410004 - Disclosure - ProShares Short Financials Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/4/role/InvestmentRisks" id="wwwProSharescom_4_InvestmentRisks">
			<link:definition>410005 - Disclosure - ProShares Short Financials Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/4/role/PerformanceManagement" id="wwwProSharescom_4_PerformanceManagement">
			<link:definition>410006 - Disclosure - ProShares Short Financials Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/4/role/ShareholderFeesData" id="wwwProSharescom_4_ShareholderFeesData">
			<link:definition>420010 - Disclosure - ProShares Short Financials Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/4/role/OperatingExpensesData" id="wwwProSharescom_4_OperatingExpensesData">
			<link:definition>420020 - Disclosure - ProShares Short Financials Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/4/role/ExpenseExample" id="wwwProSharescom_4_ExpenseExample">
			<link:definition>420030 - Disclosure - ProShares Short Financials Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/4/role/ExpenseExampleNoRedemption" id="wwwProSharescom_4_ExpenseExampleNoRedemption">
			<link:definition>420040 - Disclosure - ProShares Short Financials Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/4/role/RiskTableData" id="wwwProSharescom_4_RiskTableData">
			<link:definition>420045 - Disclosure - ProShares Short Financials Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/4/role/BarChartData" id="wwwProSharescom_4_BarChartData">
			<link:definition>420050 - Disclosure - ProShares Short Financials Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/4/role/PerformanceTableData" id="wwwProSharescom_4_PerformanceTableData">
			<link:definition>420060 - Disclosure - ProShares Short Financials Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/4/role/MarketIndexPerformanceData" id="wwwProSharescom_4_MarketIndexPerformanceData">
			<link:definition>420070 - Disclosure - ProShares Short Financials Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/4/role/N1aCover" id="wwwProSharescom_4_N1aCover">
			<link:definition>410000 - Disclosure - ProShares Short Financials N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/4/role/N1aSupplement" id="wwwProSharescom_4_N1aSupplement">
			<link:definition>410001 - Disclosure - ProShares Short Financials N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/RiskReturn" id="wwwProSharescom_5_RiskReturn">
			<link:definition>510002 - Disclosure - ProShares Short FTSE China 50 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/FeesAndExpenses" id="wwwProSharescom_5_FeesAndExpenses">
			<link:definition>510003 - Disclosure - ProShares Short FTSE China 50 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/InvestmentStrategy" id="wwwProSharescom_5_InvestmentStrategy">
			<link:definition>510004 - Disclosure - ProShares Short FTSE China 50 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/InvestmentRisks" id="wwwProSharescom_5_InvestmentRisks">
			<link:definition>510005 - Disclosure - ProShares Short FTSE China 50 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/PerformanceManagement" id="wwwProSharescom_5_PerformanceManagement">
			<link:definition>510006 - Disclosure - ProShares Short FTSE China 50 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/ShareholderFeesData" id="wwwProSharescom_5_ShareholderFeesData">
			<link:definition>520010 - Disclosure - ProShares Short FTSE China 50 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/OperatingExpensesData" id="wwwProSharescom_5_OperatingExpensesData">
			<link:definition>520020 - Disclosure - ProShares Short FTSE China 50 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/ExpenseExample" id="wwwProSharescom_5_ExpenseExample">
			<link:definition>520030 - Disclosure - ProShares Short FTSE China 50 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/ExpenseExampleNoRedemption" id="wwwProSharescom_5_ExpenseExampleNoRedemption">
			<link:definition>520040 - Disclosure - ProShares Short FTSE China 50 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/RiskTableData" id="wwwProSharescom_5_RiskTableData">
			<link:definition>520045 - Disclosure - ProShares Short FTSE China 50 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/BarChartData" id="wwwProSharescom_5_BarChartData">
			<link:definition>520050 - Disclosure - ProShares Short FTSE China 50 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/PerformanceTableData" id="wwwProSharescom_5_PerformanceTableData">
			<link:definition>520060 - Disclosure - ProShares Short FTSE China 50 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/MarketIndexPerformanceData" id="wwwProSharescom_5_MarketIndexPerformanceData">
			<link:definition>520070 - Disclosure - ProShares Short FTSE China 50 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/N1aCover" id="wwwProSharescom_5_N1aCover">
			<link:definition>510000 - Disclosure - ProShares Short FTSE China 50 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/5/role/N1aSupplement" id="wwwProSharescom_5_N1aSupplement">
			<link:definition>510001 - Disclosure - ProShares Short FTSE China 50 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/RiskReturn" id="wwwProSharescom_6_RiskReturn">
			<link:definition>610002 - Disclosure - ProShares Short High Yield Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/FeesAndExpenses" id="wwwProSharescom_6_FeesAndExpenses">
			<link:definition>610003 - Disclosure - ProShares Short High Yield Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/InvestmentStrategy" id="wwwProSharescom_6_InvestmentStrategy">
			<link:definition>610004 - Disclosure - ProShares Short High Yield Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/InvestmentRisks" id="wwwProSharescom_6_InvestmentRisks">
			<link:definition>610005 - Disclosure - ProShares Short High Yield Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/PerformanceManagement" id="wwwProSharescom_6_PerformanceManagement">
			<link:definition>610006 - Disclosure - ProShares Short High Yield Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/ShareholderFeesData" id="wwwProSharescom_6_ShareholderFeesData">
			<link:definition>620010 - Disclosure - ProShares Short High Yield Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/OperatingExpensesData" id="wwwProSharescom_6_OperatingExpensesData">
			<link:definition>620020 - Disclosure - ProShares Short High Yield Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/ExpenseExample" id="wwwProSharescom_6_ExpenseExample">
			<link:definition>620030 - Disclosure - ProShares Short High Yield Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/ExpenseExampleNoRedemption" id="wwwProSharescom_6_ExpenseExampleNoRedemption">
			<link:definition>620040 - Disclosure - ProShares Short High Yield Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/RiskTableData" id="wwwProSharescom_6_RiskTableData">
			<link:definition>620045 - Disclosure - ProShares Short High Yield Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/BarChartData" id="wwwProSharescom_6_BarChartData">
			<link:definition>620050 - Disclosure - ProShares Short High Yield Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/PerformanceTableData" id="wwwProSharescom_6_PerformanceTableData">
			<link:definition>620060 - Disclosure - ProShares Short High Yield Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/MarketIndexPerformanceData" id="wwwProSharescom_6_MarketIndexPerformanceData">
			<link:definition>620070 - Disclosure - ProShares Short High Yield Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/N1aCover" id="wwwProSharescom_6_N1aCover">
			<link:definition>610000 - Disclosure - ProShares Short High Yield N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/6/role/N1aSupplement" id="wwwProSharescom_6_N1aSupplement">
			<link:definition>610001 - Disclosure - ProShares Short High Yield N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/RiskReturn" id="wwwProSharescom_7_RiskReturn">
			<link:definition>710002 - Disclosure - ProShares Short MidCap400 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/FeesAndExpenses" id="wwwProSharescom_7_FeesAndExpenses">
			<link:definition>710003 - Disclosure - ProShares Short MidCap400 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/InvestmentStrategy" id="wwwProSharescom_7_InvestmentStrategy">
			<link:definition>710004 - Disclosure - ProShares Short MidCap400 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/InvestmentRisks" id="wwwProSharescom_7_InvestmentRisks">
			<link:definition>710005 - Disclosure - ProShares Short MidCap400 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/PerformanceManagement" id="wwwProSharescom_7_PerformanceManagement">
			<link:definition>710006 - Disclosure - ProShares Short MidCap400 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/ShareholderFeesData" id="wwwProSharescom_7_ShareholderFeesData">
			<link:definition>720010 - Disclosure - ProShares Short MidCap400 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/OperatingExpensesData" id="wwwProSharescom_7_OperatingExpensesData">
			<link:definition>720020 - Disclosure - ProShares Short MidCap400 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/ExpenseExample" id="wwwProSharescom_7_ExpenseExample">
			<link:definition>720030 - Disclosure - ProShares Short MidCap400 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/ExpenseExampleNoRedemption" id="wwwProSharescom_7_ExpenseExampleNoRedemption">
			<link:definition>720040 - Disclosure - ProShares Short MidCap400 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/RiskTableData" id="wwwProSharescom_7_RiskTableData">
			<link:definition>720045 - Disclosure - ProShares Short MidCap400 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/BarChartData" id="wwwProSharescom_7_BarChartData">
			<link:definition>720050 - Disclosure - ProShares Short MidCap400 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/7/role/PerformanceTableData" id="wwwProSharescom_7_PerformanceTableData">
			<link:definition>720060 - Disclosure - ProShares Short MidCap400 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>720070 - Disclosure - ProShares Short MidCap400 Market Index Performance</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>710000 - Disclosure - ProShares Short MidCap400 N-1A Cover</link:definition>
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			<link:definition>710001 - Disclosure - ProShares Short MidCap400 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>810002 - Disclosure - ProShares Short MSCI EAFE Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>810003 - Disclosure - ProShares Short MSCI EAFE Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>810004 - Disclosure - ProShares Short MSCI EAFE Investment Strategy</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>810005 - Disclosure - ProShares Short MSCI EAFE Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>810006 - Disclosure - ProShares Short MSCI EAFE Performance Management</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>820010 - Disclosure - ProShares Short MSCI EAFE Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>820020 - Disclosure - ProShares Short MSCI EAFE Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>820030 - Disclosure - ProShares Short MSCI EAFE Expense Example</link:definition>
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			<link:definition>820040 - Disclosure - ProShares Short MSCI EAFE Expense Example, No Redemption</link:definition>
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			<link:definition>820045 - Disclosure - ProShares Short MSCI EAFE Risks Data</link:definition>
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			<link:definition>820050 - Disclosure - ProShares Short MSCI EAFE Annual Total Returns</link:definition>
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			<link:definition>820060 - Disclosure - ProShares Short MSCI EAFE Average Annual Total Returns</link:definition>
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			<link:definition>820070 - Disclosure - ProShares Short MSCI EAFE Market Index Performance</link:definition>
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			<link:definition>810000 - Disclosure - ProShares Short MSCI EAFE N-1A Cover</link:definition>
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			<link:definition>810001 - Disclosure - ProShares Short MSCI EAFE N-1A Supplement</link:definition>
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			<link:definition>910002 - Disclosure - ProShares Short MSCI Emerging Markets Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>910003 - Disclosure - ProShares Short MSCI Emerging Markets Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>910004 - Disclosure - ProShares Short MSCI Emerging Markets Investment Strategy</link:definition>
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			<link:definition>910005 - Disclosure - ProShares Short MSCI Emerging Markets Investment Risks</link:definition>
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			<link:definition>910006 - Disclosure - ProShares Short MSCI Emerging Markets Performance Management</link:definition>
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			<link:definition>920010 - Disclosure - ProShares Short MSCI Emerging Markets Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>920020 - Disclosure - ProShares Short MSCI Emerging Markets Annual Fund Operating Expenses</link:definition>
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			<link:definition>920030 - Disclosure - ProShares Short MSCI Emerging Markets Expense Example</link:definition>
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			<link:definition>920040 - Disclosure - ProShares Short MSCI Emerging Markets Expense Example, No Redemption</link:definition>
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			<link:definition>920045 - Disclosure - ProShares Short MSCI Emerging Markets Risks Data</link:definition>
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			<link:definition>920050 - Disclosure - ProShares Short MSCI Emerging Markets Annual Total Returns</link:definition>
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			<link:definition>920060 - Disclosure - ProShares Short MSCI Emerging Markets Average Annual Total Returns</link:definition>
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			<link:definition>920070 - Disclosure - ProShares Short MSCI Emerging Markets Market Index Performance</link:definition>
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			<link:definition>910000 - Disclosure - ProShares Short MSCI Emerging Markets N-1A Cover</link:definition>
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			<link:definition>910001 - Disclosure - ProShares Short MSCI Emerging Markets N-1A Supplement</link:definition>
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			<link:definition>1010002 - Disclosure - ProShares Short QQQ Investment Objectives and Goals</link:definition>
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			<link:definition>1010003 - Disclosure - ProShares Short QQQ Fees and Expenses</link:definition>
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			<link:definition>1010004 - Disclosure - ProShares Short QQQ Investment Strategy</link:definition>
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			<link:definition>1010005 - Disclosure - ProShares Short QQQ Investment Risks</link:definition>
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			<link:definition>1010006 - Disclosure - ProShares Short QQQ Performance Management</link:definition>
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			<link:definition>1020010 - Disclosure - ProShares Short QQQ Shareholder Fees</link:definition>
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			<link:definition>1020020 - Disclosure - ProShares Short QQQ Annual Fund Operating Expenses</link:definition>
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			<link:definition>1020030 - Disclosure - ProShares Short QQQ Expense Example</link:definition>
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			<link:definition>1020045 - Disclosure - ProShares Short QQQ Risks Data</link:definition>
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			<link:definition>1020050 - Disclosure - ProShares Short QQQ Annual Total Returns</link:definition>
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			<link:definition>1020060 - Disclosure - ProShares Short QQQ Average Annual Total Returns</link:definition>
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			<link:definition>1010000 - Disclosure - ProShares Short QQQ N-1A Cover</link:definition>
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			<link:definition>1010001 - Disclosure - ProShares Short QQQ N-1A Supplement</link:definition>
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			<link:definition>1110003 - Disclosure - ProShares Short QQQ Top 30 Fees and Expenses</link:definition>
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			<link:definition>1110005 - Disclosure - ProShares Short QQQ Top 30 Investment Risks</link:definition>
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			<link:definition>1110006 - Disclosure - ProShares Short QQQ Top 30 Performance Management</link:definition>
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			<link:definition>1120010 - Disclosure - ProShares Short QQQ Top 30 Shareholder Fees</link:definition>
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			<link:definition>1120020 - Disclosure - ProShares Short QQQ Top 30 Annual Fund Operating Expenses</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>1120030 - Disclosure - ProShares Short QQQ Top 30 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>1120040 - Disclosure - ProShares Short QQQ Top 30 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>1120045 - Disclosure - ProShares Short QQQ Top 30 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>1120050 - Disclosure - ProShares Short QQQ Top 30 Annual Total Returns</link:definition>
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			<link:definition>1120060 - Disclosure - ProShares Short QQQ Top 30 Average Annual Total Returns</link:definition>
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			<link:definition>1120070 - Disclosure - ProShares Short QQQ Top 30 Market Index Performance</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>1110000 - Disclosure - ProShares Short QQQ Top 30 N-1A Cover</link:definition>
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			<link:definition>1110001 - Disclosure - ProShares Short QQQ Top 30 N-1A Supplement</link:definition>
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			<link:definition>1210002 - Disclosure - ProShares Short Real Estate Investment Objectives and Goals</link:definition>
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			<link:definition>1210003 - Disclosure - ProShares Short Real Estate Fees and Expenses</link:definition>
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			<link:definition>1210004 - Disclosure - ProShares Short Real Estate Investment Strategy</link:definition>
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			<link:definition>1210005 - Disclosure - ProShares Short Real Estate Investment Risks</link:definition>
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			<link:definition>1210006 - Disclosure - ProShares Short Real Estate Performance Management</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>1220010 - Disclosure - ProShares Short Real Estate Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/12/role/OperatingExpensesData" id="wwwProSharescom_12_OperatingExpensesData">
			<link:definition>1220020 - Disclosure - ProShares Short Real Estate Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>1220030 - Disclosure - ProShares Short Real Estate Expense Example</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>1220040 - Disclosure - ProShares Short Real Estate Expense Example, No Redemption</link:definition>
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			<link:definition>1220045 - Disclosure - ProShares Short Real Estate Risks Data</link:definition>
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			<link:definition>1220050 - Disclosure - ProShares Short Real Estate Annual Total Returns</link:definition>
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			<link:definition>1220060 - Disclosure - ProShares Short Real Estate Average Annual Total Returns</link:definition>
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			<link:definition>1220070 - Disclosure - ProShares Short Real Estate Market Index Performance</link:definition>
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			<link:definition>1210000 - Disclosure - ProShares Short Real Estate N-1A Cover</link:definition>
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			<link:definition>1210001 - Disclosure - ProShares Short Real Estate N-1A Supplement</link:definition>
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			<link:definition>1310002 - Disclosure - ProShares Short Russell2000 Investment Objectives and Goals</link:definition>
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			<link:definition>1310003 - Disclosure - ProShares Short Russell2000 Fees and Expenses</link:definition>
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			<link:definition>1310004 - Disclosure - ProShares Short Russell2000 Investment Strategy</link:definition>
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			<link:definition>1310005 - Disclosure - ProShares Short Russell2000 Investment Risks</link:definition>
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			<link:definition>1310006 - Disclosure - ProShares Short Russell2000 Performance Management</link:definition>
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			<link:definition>1320010 - Disclosure - ProShares Short Russell2000 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>1320020 - Disclosure - ProShares Short Russell2000 Annual Fund Operating Expenses</link:definition>
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			<link:definition>1320030 - Disclosure - ProShares Short Russell2000 Expense Example</link:definition>
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			<link:definition>1320040 - Disclosure - ProShares Short Russell2000 Expense Example, No Redemption</link:definition>
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			<link:definition>1320045 - Disclosure - ProShares Short Russell2000 Risks Data</link:definition>
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			<link:definition>1320050 - Disclosure - ProShares Short Russell2000 Annual Total Returns</link:definition>
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			<link:definition>1320060 - Disclosure - ProShares Short Russell2000 Average Annual Total Returns</link:definition>
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			<link:definition>1320070 - Disclosure - ProShares Short Russell2000 Market Index Performance</link:definition>
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			<link:definition>1310000 - Disclosure - ProShares Short Russell2000 N-1A Cover</link:definition>
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			<link:definition>1310001 - Disclosure - ProShares Short Russell2000 N-1A Supplement</link:definition>
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			<link:definition>1410002 - Disclosure - ProShares Short S and P 500 Investment Objectives and Goals</link:definition>
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			<link:definition>1410003 - Disclosure - ProShares Short S and P 500 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>1410004 - Disclosure - ProShares Short S and P 500 Investment Strategy</link:definition>
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			<link:definition>1410005 - Disclosure - ProShares Short S and P 500 Investment Risks</link:definition>
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			<link:definition>1410006 - Disclosure - ProShares Short S and P 500 Performance Management</link:definition>
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			<link:definition>1420010 - Disclosure - ProShares Short S and P 500 Shareholder Fees</link:definition>
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			<link:definition>1420020 - Disclosure - ProShares Short S and P 500 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>1420030 - Disclosure - ProShares Short S and P 500 Expense Example</link:definition>
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			<link:definition>1420040 - Disclosure - ProShares Short S and P 500 Expense Example, No Redemption</link:definition>
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			<link:definition>1420045 - Disclosure - ProShares Short S and P 500 Risks Data</link:definition>
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			<link:definition>1420050 - Disclosure - ProShares Short S and P 500 Annual Total Returns</link:definition>
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			<link:definition>1420060 - Disclosure - ProShares Short S and P 500 Average Annual Total Returns</link:definition>
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			<link:definition>1420070 - Disclosure - ProShares Short S and P 500 Market Index Performance</link:definition>
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			<link:definition>1410000 - Disclosure - ProShares Short S and P 500 N-1A Cover</link:definition>
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			<link:definition>1410001 - Disclosure - ProShares Short S and P 500 N-1A Supplement</link:definition>
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			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/FeesAndExpenses" id="wwwProSharescom_15_FeesAndExpenses">
			<link:definition>1510003 - Disclosure - ProShares Short SmallCap600 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/InvestmentStrategy" id="wwwProSharescom_15_InvestmentStrategy">
			<link:definition>1510004 - Disclosure - ProShares Short SmallCap600 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/InvestmentRisks" id="wwwProSharescom_15_InvestmentRisks">
			<link:definition>1510005 - Disclosure - ProShares Short SmallCap600 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/PerformanceManagement" id="wwwProSharescom_15_PerformanceManagement">
			<link:definition>1510006 - Disclosure - ProShares Short SmallCap600 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/ShareholderFeesData" id="wwwProSharescom_15_ShareholderFeesData">
			<link:definition>1520010 - Disclosure - ProShares Short SmallCap600 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/OperatingExpensesData" id="wwwProSharescom_15_OperatingExpensesData">
			<link:definition>1520020 - Disclosure - ProShares Short SmallCap600 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/ExpenseExample" id="wwwProSharescom_15_ExpenseExample">
			<link:definition>1520030 - Disclosure - ProShares Short SmallCap600 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/ExpenseExampleNoRedemption" id="wwwProSharescom_15_ExpenseExampleNoRedemption">
			<link:definition>1520040 - Disclosure - ProShares Short SmallCap600 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/RiskTableData" id="wwwProSharescom_15_RiskTableData">
			<link:definition>1520045 - Disclosure - ProShares Short SmallCap600 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/BarChartData" id="wwwProSharescom_15_BarChartData">
			<link:definition>1520050 - Disclosure - ProShares Short SmallCap600 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/PerformanceTableData" id="wwwProSharescom_15_PerformanceTableData">
			<link:definition>1520060 - Disclosure - ProShares Short SmallCap600 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/MarketIndexPerformanceData" id="wwwProSharescom_15_MarketIndexPerformanceData">
			<link:definition>1520070 - Disclosure - ProShares Short SmallCap600 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/N1aCover" id="wwwProSharescom_15_N1aCover">
			<link:definition>1510000 - Disclosure - ProShares Short SmallCap600 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/15/role/N1aSupplement" id="wwwProSharescom_15_N1aSupplement">
			<link:definition>1510001 - Disclosure - ProShares Short SmallCap600 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/RiskReturn" id="wwwProSharescom_16_RiskReturn">
			<link:definition>1610002 - Disclosure - ProShares Ultra 7-10 Year Treasury Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/FeesAndExpenses" id="wwwProSharescom_16_FeesAndExpenses">
			<link:definition>1610003 - Disclosure - ProShares Ultra 7-10 Year Treasury Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/InvestmentStrategy" id="wwwProSharescom_16_InvestmentStrategy">
			<link:definition>1610004 - Disclosure - ProShares Ultra 7-10 Year Treasury Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/InvestmentRisks" id="wwwProSharescom_16_InvestmentRisks">
			<link:definition>1610005 - Disclosure - ProShares Ultra 7-10 Year Treasury Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/PerformanceManagement" id="wwwProSharescom_16_PerformanceManagement">
			<link:definition>1610006 - Disclosure - ProShares Ultra 7-10 Year Treasury Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/ShareholderFeesData" id="wwwProSharescom_16_ShareholderFeesData">
			<link:definition>1620010 - Disclosure - ProShares Ultra 7-10 Year Treasury Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/OperatingExpensesData" id="wwwProSharescom_16_OperatingExpensesData">
			<link:definition>1620020 - Disclosure - ProShares Ultra 7-10 Year Treasury Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/ExpenseExample" id="wwwProSharescom_16_ExpenseExample">
			<link:definition>1620030 - Disclosure - ProShares Ultra 7-10 Year Treasury Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/ExpenseExampleNoRedemption" id="wwwProSharescom_16_ExpenseExampleNoRedemption">
			<link:definition>1620040 - Disclosure - ProShares Ultra 7-10 Year Treasury Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/RiskTableData" id="wwwProSharescom_16_RiskTableData">
			<link:definition>1620045 - Disclosure - ProShares Ultra 7-10 Year Treasury Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/BarChartData" id="wwwProSharescom_16_BarChartData">
			<link:definition>1620050 - Disclosure - ProShares Ultra 7-10 Year Treasury Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/PerformanceTableData" id="wwwProSharescom_16_PerformanceTableData">
			<link:definition>1620060 - Disclosure - ProShares Ultra 7-10 Year Treasury Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/MarketIndexPerformanceData" id="wwwProSharescom_16_MarketIndexPerformanceData">
			<link:definition>1620070 - Disclosure - ProShares Ultra 7-10 Year Treasury Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/N1aCover" id="wwwProSharescom_16_N1aCover">
			<link:definition>1610000 - Disclosure - ProShares Ultra 7-10 Year Treasury N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/16/role/N1aSupplement" id="wwwProSharescom_16_N1aSupplement">
			<link:definition>1610001 - Disclosure - ProShares Ultra 7-10 Year Treasury N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/RiskReturn" id="wwwProSharescom_17_RiskReturn">
			<link:definition>1710002 - Disclosure - ProShares Ultra 20plus Year Treasury Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/FeesAndExpenses" id="wwwProSharescom_17_FeesAndExpenses">
			<link:definition>1710003 - Disclosure - ProShares Ultra 20plus Year Treasury Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/InvestmentStrategy" id="wwwProSharescom_17_InvestmentStrategy">
			<link:definition>1710004 - Disclosure - ProShares Ultra 20plus Year Treasury Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/InvestmentRisks" id="wwwProSharescom_17_InvestmentRisks">
			<link:definition>1710005 - Disclosure - ProShares Ultra 20plus Year Treasury Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/PerformanceManagement" id="wwwProSharescom_17_PerformanceManagement">
			<link:definition>1710006 - Disclosure - ProShares Ultra 20plus Year Treasury Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/ShareholderFeesData" id="wwwProSharescom_17_ShareholderFeesData">
			<link:definition>1720010 - Disclosure - ProShares Ultra 20plus Year Treasury Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/OperatingExpensesData" id="wwwProSharescom_17_OperatingExpensesData">
			<link:definition>1720020 - Disclosure - ProShares Ultra 20plus Year Treasury Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/ExpenseExample" id="wwwProSharescom_17_ExpenseExample">
			<link:definition>1720030 - Disclosure - ProShares Ultra 20plus Year Treasury Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/ExpenseExampleNoRedemption" id="wwwProSharescom_17_ExpenseExampleNoRedemption">
			<link:definition>1720040 - Disclosure - ProShares Ultra 20plus Year Treasury Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/RiskTableData" id="wwwProSharescom_17_RiskTableData">
			<link:definition>1720045 - Disclosure - ProShares Ultra 20plus Year Treasury Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/BarChartData" id="wwwProSharescom_17_BarChartData">
			<link:definition>1720050 - Disclosure - ProShares Ultra 20plus Year Treasury Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/PerformanceTableData" id="wwwProSharescom_17_PerformanceTableData">
			<link:definition>1720060 - Disclosure - ProShares Ultra 20plus Year Treasury Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/MarketIndexPerformanceData" id="wwwProSharescom_17_MarketIndexPerformanceData">
			<link:definition>1720070 - Disclosure - ProShares Ultra 20plus Year Treasury Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/N1aCover" id="wwwProSharescom_17_N1aCover">
			<link:definition>1710000 - Disclosure - ProShares Ultra 20plus Year Treasury N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/17/role/N1aSupplement" id="wwwProSharescom_17_N1aSupplement">
			<link:definition>1710001 - Disclosure - ProShares Ultra 20plus Year Treasury N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/RiskReturn" id="wwwProSharescom_18_RiskReturn">
			<link:definition>1810002 - Disclosure - ProShares Ultra Communication Services Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/FeesAndExpenses" id="wwwProSharescom_18_FeesAndExpenses">
			<link:definition>1810003 - Disclosure - ProShares Ultra Communication Services Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/InvestmentStrategy" id="wwwProSharescom_18_InvestmentStrategy">
			<link:definition>1810004 - Disclosure - ProShares Ultra Communication Services Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/InvestmentRisks" id="wwwProSharescom_18_InvestmentRisks">
			<link:definition>1810005 - Disclosure - ProShares Ultra Communication Services Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/PerformanceManagement" id="wwwProSharescom_18_PerformanceManagement">
			<link:definition>1810006 - Disclosure - ProShares Ultra Communication Services Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/ShareholderFeesData" id="wwwProSharescom_18_ShareholderFeesData">
			<link:definition>1820010 - Disclosure - ProShares Ultra Communication Services Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/OperatingExpensesData" id="wwwProSharescom_18_OperatingExpensesData">
			<link:definition>1820020 - Disclosure - ProShares Ultra Communication Services Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/ExpenseExample" id="wwwProSharescom_18_ExpenseExample">
			<link:definition>1820030 - Disclosure - ProShares Ultra Communication Services Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/ExpenseExampleNoRedemption" id="wwwProSharescom_18_ExpenseExampleNoRedemption">
			<link:definition>1820040 - Disclosure - ProShares Ultra Communication Services Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/RiskTableData" id="wwwProSharescom_18_RiskTableData">
			<link:definition>1820045 - Disclosure - ProShares Ultra Communication Services Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/BarChartData" id="wwwProSharescom_18_BarChartData">
			<link:definition>1820050 - Disclosure - ProShares Ultra Communication Services Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/PerformanceTableData" id="wwwProSharescom_18_PerformanceTableData">
			<link:definition>1820060 - Disclosure - ProShares Ultra Communication Services Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/MarketIndexPerformanceData" id="wwwProSharescom_18_MarketIndexPerformanceData">
			<link:definition>1820070 - Disclosure - ProShares Ultra Communication Services Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/N1aCover" id="wwwProSharescom_18_N1aCover">
			<link:definition>1810000 - Disclosure - ProShares Ultra Communication Services N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/18/role/N1aSupplement" id="wwwProSharescom_18_N1aSupplement">
			<link:definition>1810001 - Disclosure - ProShares Ultra Communication Services N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/RiskReturn" id="wwwProSharescom_19_RiskReturn">
			<link:definition>1910002 - Disclosure - ProShares Ultra Consumer Discretionary Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/FeesAndExpenses" id="wwwProSharescom_19_FeesAndExpenses">
			<link:definition>1910003 - Disclosure - ProShares Ultra Consumer Discretionary Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/InvestmentStrategy" id="wwwProSharescom_19_InvestmentStrategy">
			<link:definition>1910004 - Disclosure - ProShares Ultra Consumer Discretionary Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/InvestmentRisks" id="wwwProSharescom_19_InvestmentRisks">
			<link:definition>1910005 - Disclosure - ProShares Ultra Consumer Discretionary Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/PerformanceManagement" id="wwwProSharescom_19_PerformanceManagement">
			<link:definition>1910006 - Disclosure - ProShares Ultra Consumer Discretionary Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/ShareholderFeesData" id="wwwProSharescom_19_ShareholderFeesData">
			<link:definition>1920010 - Disclosure - ProShares Ultra Consumer Discretionary Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/OperatingExpensesData" id="wwwProSharescom_19_OperatingExpensesData">
			<link:definition>1920020 - Disclosure - ProShares Ultra Consumer Discretionary Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/ExpenseExample" id="wwwProSharescom_19_ExpenseExample">
			<link:definition>1920030 - Disclosure - ProShares Ultra Consumer Discretionary Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/ExpenseExampleNoRedemption" id="wwwProSharescom_19_ExpenseExampleNoRedemption">
			<link:definition>1920040 - Disclosure - ProShares Ultra Consumer Discretionary Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/RiskTableData" id="wwwProSharescom_19_RiskTableData">
			<link:definition>1920045 - Disclosure - ProShares Ultra Consumer Discretionary Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/BarChartData" id="wwwProSharescom_19_BarChartData">
			<link:definition>1920050 - Disclosure - ProShares Ultra Consumer Discretionary Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/PerformanceTableData" id="wwwProSharescom_19_PerformanceTableData">
			<link:definition>1920060 - Disclosure - ProShares Ultra Consumer Discretionary Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/MarketIndexPerformanceData" id="wwwProSharescom_19_MarketIndexPerformanceData">
			<link:definition>1920070 - Disclosure - ProShares Ultra Consumer Discretionary Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/N1aCover" id="wwwProSharescom_19_N1aCover">
			<link:definition>1910000 - Disclosure - ProShares Ultra Consumer Discretionary N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/19/role/N1aSupplement" id="wwwProSharescom_19_N1aSupplement">
			<link:definition>1910001 - Disclosure - ProShares Ultra Consumer Discretionary N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/RiskReturn" id="wwwProSharescom_20_RiskReturn">
			<link:definition>2010002 - Disclosure - ProShares Ultra Consumer Staples Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/FeesAndExpenses" id="wwwProSharescom_20_FeesAndExpenses">
			<link:definition>2010003 - Disclosure - ProShares Ultra Consumer Staples Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/InvestmentStrategy" id="wwwProSharescom_20_InvestmentStrategy">
			<link:definition>2010004 - Disclosure - ProShares Ultra Consumer Staples Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/InvestmentRisks" id="wwwProSharescom_20_InvestmentRisks">
			<link:definition>2010005 - Disclosure - ProShares Ultra Consumer Staples Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/PerformanceManagement" id="wwwProSharescom_20_PerformanceManagement">
			<link:definition>2010006 - Disclosure - ProShares Ultra Consumer Staples Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/ShareholderFeesData" id="wwwProSharescom_20_ShareholderFeesData">
			<link:definition>2020010 - Disclosure - ProShares Ultra Consumer Staples Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/OperatingExpensesData" id="wwwProSharescom_20_OperatingExpensesData">
			<link:definition>2020020 - Disclosure - ProShares Ultra Consumer Staples Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/ExpenseExample" id="wwwProSharescom_20_ExpenseExample">
			<link:definition>2020030 - Disclosure - ProShares Ultra Consumer Staples Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/ExpenseExampleNoRedemption" id="wwwProSharescom_20_ExpenseExampleNoRedemption">
			<link:definition>2020040 - Disclosure - ProShares Ultra Consumer Staples Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/RiskTableData" id="wwwProSharescom_20_RiskTableData">
			<link:definition>2020045 - Disclosure - ProShares Ultra Consumer Staples Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/BarChartData" id="wwwProSharescom_20_BarChartData">
			<link:definition>2020050 - Disclosure - ProShares Ultra Consumer Staples Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/PerformanceTableData" id="wwwProSharescom_20_PerformanceTableData">
			<link:definition>2020060 - Disclosure - ProShares Ultra Consumer Staples Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/MarketIndexPerformanceData" id="wwwProSharescom_20_MarketIndexPerformanceData">
			<link:definition>2020070 - Disclosure - ProShares Ultra Consumer Staples Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/N1aCover" id="wwwProSharescom_20_N1aCover">
			<link:definition>2010000 - Disclosure - ProShares Ultra Consumer Staples N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/20/role/N1aSupplement" id="wwwProSharescom_20_N1aSupplement">
			<link:definition>2010001 - Disclosure - ProShares Ultra Consumer Staples N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/RiskReturn" id="wwwProSharescom_21_RiskReturn">
			<link:definition>2110002 - Disclosure - ProShares Ultra Copper K-1 Free ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/FeesAndExpenses" id="wwwProSharescom_21_FeesAndExpenses">
			<link:definition>2110003 - Disclosure - ProShares Ultra Copper K-1 Free ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/InvestmentStrategy" id="wwwProSharescom_21_InvestmentStrategy">
			<link:definition>2110004 - Disclosure - ProShares Ultra Copper K-1 Free ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/InvestmentRisks" id="wwwProSharescom_21_InvestmentRisks">
			<link:definition>2110005 - Disclosure - ProShares Ultra Copper K-1 Free ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/PerformanceManagement" id="wwwProSharescom_21_PerformanceManagement">
			<link:definition>2110006 - Disclosure - ProShares Ultra Copper K-1 Free ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/ShareholderFeesData" id="wwwProSharescom_21_ShareholderFeesData">
			<link:definition>2120010 - Disclosure - ProShares Ultra Copper K-1 Free ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/OperatingExpensesData" id="wwwProSharescom_21_OperatingExpensesData">
			<link:definition>2120020 - Disclosure - ProShares Ultra Copper K-1 Free ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/ExpenseExample" id="wwwProSharescom_21_ExpenseExample">
			<link:definition>2120030 - Disclosure - ProShares Ultra Copper K-1 Free ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/ExpenseExampleNoRedemption" id="wwwProSharescom_21_ExpenseExampleNoRedemption">
			<link:definition>2120040 - Disclosure - ProShares Ultra Copper K-1 Free ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/RiskTableData" id="wwwProSharescom_21_RiskTableData">
			<link:definition>2120045 - Disclosure - ProShares Ultra Copper K-1 Free ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/BarChartData" id="wwwProSharescom_21_BarChartData">
			<link:definition>2120050 - Disclosure - ProShares Ultra Copper K-1 Free ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/PerformanceTableData" id="wwwProSharescom_21_PerformanceTableData">
			<link:definition>2120060 - Disclosure - ProShares Ultra Copper K-1 Free ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/MarketIndexPerformanceData" id="wwwProSharescom_21_MarketIndexPerformanceData">
			<link:definition>2120070 - Disclosure - ProShares Ultra Copper K-1 Free ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/N1aCover" id="wwwProSharescom_21_N1aCover">
			<link:definition>2110000 - Disclosure - ProShares Ultra Copper K-1 Free ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/21/role/N1aSupplement" id="wwwProSharescom_21_N1aSupplement">
			<link:definition>2110001 - Disclosure - ProShares Ultra Copper K-1 Free ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/RiskReturn" id="wwwProSharescom_22_RiskReturn">
			<link:definition>2210002 - Disclosure - ProShares Ultra Dow 30 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/FeesAndExpenses" id="wwwProSharescom_22_FeesAndExpenses">
			<link:definition>2210003 - Disclosure - ProShares Ultra Dow 30 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/InvestmentStrategy" id="wwwProSharescom_22_InvestmentStrategy">
			<link:definition>2210004 - Disclosure - ProShares Ultra Dow 30 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/InvestmentRisks" id="wwwProSharescom_22_InvestmentRisks">
			<link:definition>2210005 - Disclosure - ProShares Ultra Dow 30 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/PerformanceManagement" id="wwwProSharescom_22_PerformanceManagement">
			<link:definition>2210006 - Disclosure - ProShares Ultra Dow 30 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/ShareholderFeesData" id="wwwProSharescom_22_ShareholderFeesData">
			<link:definition>2220010 - Disclosure - ProShares Ultra Dow 30 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/OperatingExpensesData" id="wwwProSharescom_22_OperatingExpensesData">
			<link:definition>2220020 - Disclosure - ProShares Ultra Dow 30 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/ExpenseExample" id="wwwProSharescom_22_ExpenseExample">
			<link:definition>2220030 - Disclosure - ProShares Ultra Dow 30 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/ExpenseExampleNoRedemption" id="wwwProSharescom_22_ExpenseExampleNoRedemption">
			<link:definition>2220040 - Disclosure - ProShares Ultra Dow 30 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/RiskTableData" id="wwwProSharescom_22_RiskTableData">
			<link:definition>2220045 - Disclosure - ProShares Ultra Dow 30 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/BarChartData" id="wwwProSharescom_22_BarChartData">
			<link:definition>2220050 - Disclosure - ProShares Ultra Dow 30 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/PerformanceTableData" id="wwwProSharescom_22_PerformanceTableData">
			<link:definition>2220060 - Disclosure - ProShares Ultra Dow 30 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/MarketIndexPerformanceData" id="wwwProSharescom_22_MarketIndexPerformanceData">
			<link:definition>2220070 - Disclosure - ProShares Ultra Dow 30 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/N1aCover" id="wwwProSharescom_22_N1aCover">
			<link:definition>2210000 - Disclosure - ProShares Ultra Dow 30 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/22/role/N1aSupplement" id="wwwProSharescom_22_N1aSupplement">
			<link:definition>2210001 - Disclosure - ProShares Ultra Dow 30 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/RiskReturn" id="wwwProSharescom_23_RiskReturn">
			<link:definition>2310002 - Disclosure - ProShares Ultra Energy Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/FeesAndExpenses" id="wwwProSharescom_23_FeesAndExpenses">
			<link:definition>2310003 - Disclosure - ProShares Ultra Energy Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/InvestmentStrategy" id="wwwProSharescom_23_InvestmentStrategy">
			<link:definition>2310004 - Disclosure - ProShares Ultra Energy Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/InvestmentRisks" id="wwwProSharescom_23_InvestmentRisks">
			<link:definition>2310005 - Disclosure - ProShares Ultra Energy Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/PerformanceManagement" id="wwwProSharescom_23_PerformanceManagement">
			<link:definition>2310006 - Disclosure - ProShares Ultra Energy Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/ShareholderFeesData" id="wwwProSharescom_23_ShareholderFeesData">
			<link:definition>2320010 - Disclosure - ProShares Ultra Energy Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/OperatingExpensesData" id="wwwProSharescom_23_OperatingExpensesData">
			<link:definition>2320020 - Disclosure - ProShares Ultra Energy Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/ExpenseExample" id="wwwProSharescom_23_ExpenseExample">
			<link:definition>2320030 - Disclosure - ProShares Ultra Energy Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/ExpenseExampleNoRedemption" id="wwwProSharescom_23_ExpenseExampleNoRedemption">
			<link:definition>2320040 - Disclosure - ProShares Ultra Energy Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/RiskTableData" id="wwwProSharescom_23_RiskTableData">
			<link:definition>2320045 - Disclosure - ProShares Ultra Energy Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/BarChartData" id="wwwProSharescom_23_BarChartData">
			<link:definition>2320050 - Disclosure - ProShares Ultra Energy Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/PerformanceTableData" id="wwwProSharescom_23_PerformanceTableData">
			<link:definition>2320060 - Disclosure - ProShares Ultra Energy Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/MarketIndexPerformanceData" id="wwwProSharescom_23_MarketIndexPerformanceData">
			<link:definition>2320070 - Disclosure - ProShares Ultra Energy Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/N1aCover" id="wwwProSharescom_23_N1aCover">
			<link:definition>2310000 - Disclosure - ProShares Ultra Energy N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/23/role/N1aSupplement" id="wwwProSharescom_23_N1aSupplement">
			<link:definition>2310001 - Disclosure - ProShares Ultra Energy N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/RiskReturn" id="wwwProSharescom_24_RiskReturn">
			<link:definition>2410002 - Disclosure - ProShares Ultra Financials Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/FeesAndExpenses" id="wwwProSharescom_24_FeesAndExpenses">
			<link:definition>2410003 - Disclosure - ProShares Ultra Financials Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/InvestmentStrategy" id="wwwProSharescom_24_InvestmentStrategy">
			<link:definition>2410004 - Disclosure - ProShares Ultra Financials Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/InvestmentRisks" id="wwwProSharescom_24_InvestmentRisks">
			<link:definition>2410005 - Disclosure - ProShares Ultra Financials Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/PerformanceManagement" id="wwwProSharescom_24_PerformanceManagement">
			<link:definition>2410006 - Disclosure - ProShares Ultra Financials Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/ShareholderFeesData" id="wwwProSharescom_24_ShareholderFeesData">
			<link:definition>2420010 - Disclosure - ProShares Ultra Financials Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/OperatingExpensesData" id="wwwProSharescom_24_OperatingExpensesData">
			<link:definition>2420020 - Disclosure - ProShares Ultra Financials Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/ExpenseExample" id="wwwProSharescom_24_ExpenseExample">
			<link:definition>2420030 - Disclosure - ProShares Ultra Financials Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/ExpenseExampleNoRedemption" id="wwwProSharescom_24_ExpenseExampleNoRedemption">
			<link:definition>2420040 - Disclosure - ProShares Ultra Financials Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/RiskTableData" id="wwwProSharescom_24_RiskTableData">
			<link:definition>2420045 - Disclosure - ProShares Ultra Financials Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/BarChartData" id="wwwProSharescom_24_BarChartData">
			<link:definition>2420050 - Disclosure - ProShares Ultra Financials Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/PerformanceTableData" id="wwwProSharescom_24_PerformanceTableData">
			<link:definition>2420060 - Disclosure - ProShares Ultra Financials Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/MarketIndexPerformanceData" id="wwwProSharescom_24_MarketIndexPerformanceData">
			<link:definition>2420070 - Disclosure - ProShares Ultra Financials Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/N1aCover" id="wwwProSharescom_24_N1aCover">
			<link:definition>2410000 - Disclosure - ProShares Ultra Financials N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/24/role/N1aSupplement" id="wwwProSharescom_24_N1aSupplement">
			<link:definition>2410001 - Disclosure - ProShares Ultra Financials N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/RiskReturn" id="wwwProSharescom_25_RiskReturn">
			<link:definition>2510002 - Disclosure - ProShares Ultra FTSE China 50 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/FeesAndExpenses" id="wwwProSharescom_25_FeesAndExpenses">
			<link:definition>2510003 - Disclosure - ProShares Ultra FTSE China 50 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/InvestmentStrategy" id="wwwProSharescom_25_InvestmentStrategy">
			<link:definition>2510004 - Disclosure - ProShares Ultra FTSE China 50 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/InvestmentRisks" id="wwwProSharescom_25_InvestmentRisks">
			<link:definition>2510005 - Disclosure - ProShares Ultra FTSE China 50 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/PerformanceManagement" id="wwwProSharescom_25_PerformanceManagement">
			<link:definition>2510006 - Disclosure - ProShares Ultra FTSE China 50 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/ShareholderFeesData" id="wwwProSharescom_25_ShareholderFeesData">
			<link:definition>2520010 - Disclosure - ProShares Ultra FTSE China 50 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/OperatingExpensesData" id="wwwProSharescom_25_OperatingExpensesData">
			<link:definition>2520020 - Disclosure - ProShares Ultra FTSE China 50 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/ExpenseExample" id="wwwProSharescom_25_ExpenseExample">
			<link:definition>2520030 - Disclosure - ProShares Ultra FTSE China 50 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/ExpenseExampleNoRedemption" id="wwwProSharescom_25_ExpenseExampleNoRedemption">
			<link:definition>2520040 - Disclosure - ProShares Ultra FTSE China 50 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/RiskTableData" id="wwwProSharescom_25_RiskTableData">
			<link:definition>2520045 - Disclosure - ProShares Ultra FTSE China 50 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/BarChartData" id="wwwProSharescom_25_BarChartData">
			<link:definition>2520050 - Disclosure - ProShares Ultra FTSE China 50 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/PerformanceTableData" id="wwwProSharescom_25_PerformanceTableData">
			<link:definition>2520060 - Disclosure - ProShares Ultra FTSE China 50 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/MarketIndexPerformanceData" id="wwwProSharescom_25_MarketIndexPerformanceData">
			<link:definition>2520070 - Disclosure - ProShares Ultra FTSE China 50 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/N1aCover" id="wwwProSharescom_25_N1aCover">
			<link:definition>2510000 - Disclosure - ProShares Ultra FTSE China 50 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/25/role/N1aSupplement" id="wwwProSharescom_25_N1aSupplement">
			<link:definition>2510001 - Disclosure - ProShares Ultra FTSE China 50 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/RiskReturn" id="wwwProSharescom_26_RiskReturn">
			<link:definition>2610002 - Disclosure - ProShares Ultra FTSE Europe Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/FeesAndExpenses" id="wwwProSharescom_26_FeesAndExpenses">
			<link:definition>2610003 - Disclosure - ProShares Ultra FTSE Europe Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/InvestmentStrategy" id="wwwProSharescom_26_InvestmentStrategy">
			<link:definition>2610004 - Disclosure - ProShares Ultra FTSE Europe Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/InvestmentRisks" id="wwwProSharescom_26_InvestmentRisks">
			<link:definition>2610005 - Disclosure - ProShares Ultra FTSE Europe Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/PerformanceManagement" id="wwwProSharescom_26_PerformanceManagement">
			<link:definition>2610006 - Disclosure - ProShares Ultra FTSE Europe Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/ShareholderFeesData" id="wwwProSharescom_26_ShareholderFeesData">
			<link:definition>2620010 - Disclosure - ProShares Ultra FTSE Europe Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/OperatingExpensesData" id="wwwProSharescom_26_OperatingExpensesData">
			<link:definition>2620020 - Disclosure - ProShares Ultra FTSE Europe Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/ExpenseExample" id="wwwProSharescom_26_ExpenseExample">
			<link:definition>2620030 - Disclosure - ProShares Ultra FTSE Europe Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/ExpenseExampleNoRedemption" id="wwwProSharescom_26_ExpenseExampleNoRedemption">
			<link:definition>2620040 - Disclosure - ProShares Ultra FTSE Europe Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/RiskTableData" id="wwwProSharescom_26_RiskTableData">
			<link:definition>2620045 - Disclosure - ProShares Ultra FTSE Europe Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/BarChartData" id="wwwProSharescom_26_BarChartData">
			<link:definition>2620050 - Disclosure - ProShares Ultra FTSE Europe Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/PerformanceTableData" id="wwwProSharescom_26_PerformanceTableData">
			<link:definition>2620060 - Disclosure - ProShares Ultra FTSE Europe Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/MarketIndexPerformanceData" id="wwwProSharescom_26_MarketIndexPerformanceData">
			<link:definition>2620070 - Disclosure - ProShares Ultra FTSE Europe Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/N1aCover" id="wwwProSharescom_26_N1aCover">
			<link:definition>2610000 - Disclosure - ProShares Ultra FTSE Europe N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/26/role/N1aSupplement" id="wwwProSharescom_26_N1aSupplement">
			<link:definition>2610001 - Disclosure - ProShares Ultra FTSE Europe N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/RiskReturn" id="wwwProSharescom_27_RiskReturn">
			<link:definition>2710002 - Disclosure - ProShares Ultra Gold K-1 Free ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/FeesAndExpenses" id="wwwProSharescom_27_FeesAndExpenses">
			<link:definition>2710003 - Disclosure - ProShares Ultra Gold K-1 Free ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/InvestmentStrategy" id="wwwProSharescom_27_InvestmentStrategy">
			<link:definition>2710004 - Disclosure - ProShares Ultra Gold K-1 Free ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/InvestmentRisks" id="wwwProSharescom_27_InvestmentRisks">
			<link:definition>2710005 - Disclosure - ProShares Ultra Gold K-1 Free ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/PerformanceManagement" id="wwwProSharescom_27_PerformanceManagement">
			<link:definition>2710006 - Disclosure - ProShares Ultra Gold K-1 Free ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/ShareholderFeesData" id="wwwProSharescom_27_ShareholderFeesData">
			<link:definition>2720010 - Disclosure - ProShares Ultra Gold K-1 Free ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/OperatingExpensesData" id="wwwProSharescom_27_OperatingExpensesData">
			<link:definition>2720020 - Disclosure - ProShares Ultra Gold K-1 Free ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/ExpenseExample" id="wwwProSharescom_27_ExpenseExample">
			<link:definition>2720030 - Disclosure - ProShares Ultra Gold K-1 Free ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/ExpenseExampleNoRedemption" id="wwwProSharescom_27_ExpenseExampleNoRedemption">
			<link:definition>2720040 - Disclosure - ProShares Ultra Gold K-1 Free ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/RiskTableData" id="wwwProSharescom_27_RiskTableData">
			<link:definition>2720045 - Disclosure - ProShares Ultra Gold K-1 Free ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/BarChartData" id="wwwProSharescom_27_BarChartData">
			<link:definition>2720050 - Disclosure - ProShares Ultra Gold K-1 Free ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/PerformanceTableData" id="wwwProSharescom_27_PerformanceTableData">
			<link:definition>2720060 - Disclosure - ProShares Ultra Gold K-1 Free ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/MarketIndexPerformanceData" id="wwwProSharescom_27_MarketIndexPerformanceData">
			<link:definition>2720070 - Disclosure - ProShares Ultra Gold K-1 Free ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/N1aCover" id="wwwProSharescom_27_N1aCover">
			<link:definition>2710000 - Disclosure - ProShares Ultra Gold K-1 Free ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/27/role/N1aSupplement" id="wwwProSharescom_27_N1aSupplement">
			<link:definition>2710001 - Disclosure - ProShares Ultra Gold K-1 Free ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/RiskReturn" id="wwwProSharescom_28_RiskReturn">
			<link:definition>2810002 - Disclosure - ProShares Ultra Health Care Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/FeesAndExpenses" id="wwwProSharescom_28_FeesAndExpenses">
			<link:definition>2810003 - Disclosure - ProShares Ultra Health Care Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/InvestmentStrategy" id="wwwProSharescom_28_InvestmentStrategy">
			<link:definition>2810004 - Disclosure - ProShares Ultra Health Care Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/InvestmentRisks" id="wwwProSharescom_28_InvestmentRisks">
			<link:definition>2810005 - Disclosure - ProShares Ultra Health Care Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/PerformanceManagement" id="wwwProSharescom_28_PerformanceManagement">
			<link:definition>2810006 - Disclosure - ProShares Ultra Health Care Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/ShareholderFeesData" id="wwwProSharescom_28_ShareholderFeesData">
			<link:definition>2820010 - Disclosure - ProShares Ultra Health Care Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/OperatingExpensesData" id="wwwProSharescom_28_OperatingExpensesData">
			<link:definition>2820020 - Disclosure - ProShares Ultra Health Care Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/ExpenseExample" id="wwwProSharescom_28_ExpenseExample">
			<link:definition>2820030 - Disclosure - ProShares Ultra Health Care Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/ExpenseExampleNoRedemption" id="wwwProSharescom_28_ExpenseExampleNoRedemption">
			<link:definition>2820040 - Disclosure - ProShares Ultra Health Care Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/RiskTableData" id="wwwProSharescom_28_RiskTableData">
			<link:definition>2820045 - Disclosure - ProShares Ultra Health Care Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/BarChartData" id="wwwProSharescom_28_BarChartData">
			<link:definition>2820050 - Disclosure - ProShares Ultra Health Care Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/PerformanceTableData" id="wwwProSharescom_28_PerformanceTableData">
			<link:definition>2820060 - Disclosure - ProShares Ultra Health Care Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/MarketIndexPerformanceData" id="wwwProSharescom_28_MarketIndexPerformanceData">
			<link:definition>2820070 - Disclosure - ProShares Ultra Health Care Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/N1aCover" id="wwwProSharescom_28_N1aCover">
			<link:definition>2810000 - Disclosure - ProShares Ultra Health Care N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/28/role/N1aSupplement" id="wwwProSharescom_28_N1aSupplement">
			<link:definition>2810001 - Disclosure - ProShares Ultra Health Care N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/RiskReturn" id="wwwProSharescom_29_RiskReturn">
			<link:definition>2910002 - Disclosure - ProShares Ultra High Yield Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/FeesAndExpenses" id="wwwProSharescom_29_FeesAndExpenses">
			<link:definition>2910003 - Disclosure - ProShares Ultra High Yield Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/InvestmentStrategy" id="wwwProSharescom_29_InvestmentStrategy">
			<link:definition>2910004 - Disclosure - ProShares Ultra High Yield Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/InvestmentRisks" id="wwwProSharescom_29_InvestmentRisks">
			<link:definition>2910005 - Disclosure - ProShares Ultra High Yield Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/PerformanceManagement" id="wwwProSharescom_29_PerformanceManagement">
			<link:definition>2910006 - Disclosure - ProShares Ultra High Yield Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/ShareholderFeesData" id="wwwProSharescom_29_ShareholderFeesData">
			<link:definition>2920010 - Disclosure - ProShares Ultra High Yield Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/OperatingExpensesData" id="wwwProSharescom_29_OperatingExpensesData">
			<link:definition>2920020 - Disclosure - ProShares Ultra High Yield Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/ExpenseExample" id="wwwProSharescom_29_ExpenseExample">
			<link:definition>2920030 - Disclosure - ProShares Ultra High Yield Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/ExpenseExampleNoRedemption" id="wwwProSharescom_29_ExpenseExampleNoRedemption">
			<link:definition>2920040 - Disclosure - ProShares Ultra High Yield Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/RiskTableData" id="wwwProSharescom_29_RiskTableData">
			<link:definition>2920045 - Disclosure - ProShares Ultra High Yield Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/BarChartData" id="wwwProSharescom_29_BarChartData">
			<link:definition>2920050 - Disclosure - ProShares Ultra High Yield Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/PerformanceTableData" id="wwwProSharescom_29_PerformanceTableData">
			<link:definition>2920060 - Disclosure - ProShares Ultra High Yield Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/MarketIndexPerformanceData" id="wwwProSharescom_29_MarketIndexPerformanceData">
			<link:definition>2920070 - Disclosure - ProShares Ultra High Yield Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/N1aCover" id="wwwProSharescom_29_N1aCover">
			<link:definition>2910000 - Disclosure - ProShares Ultra High Yield N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/29/role/N1aSupplement" id="wwwProSharescom_29_N1aSupplement">
			<link:definition>2910001 - Disclosure - ProShares Ultra High Yield N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/RiskReturn" id="wwwProSharescom_30_RiskReturn">
			<link:definition>3010002 - Disclosure - ProShares Ultra Industrials Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/FeesAndExpenses" id="wwwProSharescom_30_FeesAndExpenses">
			<link:definition>3010003 - Disclosure - ProShares Ultra Industrials Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/InvestmentStrategy" id="wwwProSharescom_30_InvestmentStrategy">
			<link:definition>3010004 - Disclosure - ProShares Ultra Industrials Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/InvestmentRisks" id="wwwProSharescom_30_InvestmentRisks">
			<link:definition>3010005 - Disclosure - ProShares Ultra Industrials Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/PerformanceManagement" id="wwwProSharescom_30_PerformanceManagement">
			<link:definition>3010006 - Disclosure - ProShares Ultra Industrials Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/ShareholderFeesData" id="wwwProSharescom_30_ShareholderFeesData">
			<link:definition>3020010 - Disclosure - ProShares Ultra Industrials Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/OperatingExpensesData" id="wwwProSharescom_30_OperatingExpensesData">
			<link:definition>3020020 - Disclosure - ProShares Ultra Industrials Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/ExpenseExample" id="wwwProSharescom_30_ExpenseExample">
			<link:definition>3020030 - Disclosure - ProShares Ultra Industrials Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/ExpenseExampleNoRedemption" id="wwwProSharescom_30_ExpenseExampleNoRedemption">
			<link:definition>3020040 - Disclosure - ProShares Ultra Industrials Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/RiskTableData" id="wwwProSharescom_30_RiskTableData">
			<link:definition>3020045 - Disclosure - ProShares Ultra Industrials Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/BarChartData" id="wwwProSharescom_30_BarChartData">
			<link:definition>3020050 - Disclosure - ProShares Ultra Industrials Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/PerformanceTableData" id="wwwProSharescom_30_PerformanceTableData">
			<link:definition>3020060 - Disclosure - ProShares Ultra Industrials Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/MarketIndexPerformanceData" id="wwwProSharescom_30_MarketIndexPerformanceData">
			<link:definition>3020070 - Disclosure - ProShares Ultra Industrials Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/N1aCover" id="wwwProSharescom_30_N1aCover">
			<link:definition>3010000 - Disclosure - ProShares Ultra Industrials N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/30/role/N1aSupplement" id="wwwProSharescom_30_N1aSupplement">
			<link:definition>3010001 - Disclosure - ProShares Ultra Industrials N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/RiskReturn" id="wwwProSharescom_31_RiskReturn">
			<link:definition>3110002 - Disclosure - ProShares Ultra Materials Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/FeesAndExpenses" id="wwwProSharescom_31_FeesAndExpenses">
			<link:definition>3110003 - Disclosure - ProShares Ultra Materials Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/InvestmentStrategy" id="wwwProSharescom_31_InvestmentStrategy">
			<link:definition>3110004 - Disclosure - ProShares Ultra Materials Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/InvestmentRisks" id="wwwProSharescom_31_InvestmentRisks">
			<link:definition>3110005 - Disclosure - ProShares Ultra Materials Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/PerformanceManagement" id="wwwProSharescom_31_PerformanceManagement">
			<link:definition>3110006 - Disclosure - ProShares Ultra Materials Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/ShareholderFeesData" id="wwwProSharescom_31_ShareholderFeesData">
			<link:definition>3120010 - Disclosure - ProShares Ultra Materials Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/OperatingExpensesData" id="wwwProSharescom_31_OperatingExpensesData">
			<link:definition>3120020 - Disclosure - ProShares Ultra Materials Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/ExpenseExample" id="wwwProSharescom_31_ExpenseExample">
			<link:definition>3120030 - Disclosure - ProShares Ultra Materials Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/ExpenseExampleNoRedemption" id="wwwProSharescom_31_ExpenseExampleNoRedemption">
			<link:definition>3120040 - Disclosure - ProShares Ultra Materials Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/RiskTableData" id="wwwProSharescom_31_RiskTableData">
			<link:definition>3120045 - Disclosure - ProShares Ultra Materials Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/BarChartData" id="wwwProSharescom_31_BarChartData">
			<link:definition>3120050 - Disclosure - ProShares Ultra Materials Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/PerformanceTableData" id="wwwProSharescom_31_PerformanceTableData">
			<link:definition>3120060 - Disclosure - ProShares Ultra Materials Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/MarketIndexPerformanceData" id="wwwProSharescom_31_MarketIndexPerformanceData">
			<link:definition>3120070 - Disclosure - ProShares Ultra Materials Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/N1aCover" id="wwwProSharescom_31_N1aCover">
			<link:definition>3110000 - Disclosure - ProShares Ultra Materials N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/31/role/N1aSupplement" id="wwwProSharescom_31_N1aSupplement">
			<link:definition>3110001 - Disclosure - ProShares Ultra Materials N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/RiskReturn" id="wwwProSharescom_32_RiskReturn">
			<link:definition>3210002 - Disclosure - ProShares Ultra MidCap400 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/FeesAndExpenses" id="wwwProSharescom_32_FeesAndExpenses">
			<link:definition>3210003 - Disclosure - ProShares Ultra MidCap400 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/InvestmentStrategy" id="wwwProSharescom_32_InvestmentStrategy">
			<link:definition>3210004 - Disclosure - ProShares Ultra MidCap400 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/InvestmentRisks" id="wwwProSharescom_32_InvestmentRisks">
			<link:definition>3210005 - Disclosure - ProShares Ultra MidCap400 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/PerformanceManagement" id="wwwProSharescom_32_PerformanceManagement">
			<link:definition>3210006 - Disclosure - ProShares Ultra MidCap400 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/ShareholderFeesData" id="wwwProSharescom_32_ShareholderFeesData">
			<link:definition>3220010 - Disclosure - ProShares Ultra MidCap400 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/OperatingExpensesData" id="wwwProSharescom_32_OperatingExpensesData">
			<link:definition>3220020 - Disclosure - ProShares Ultra MidCap400 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/ExpenseExample" id="wwwProSharescom_32_ExpenseExample">
			<link:definition>3220030 - Disclosure - ProShares Ultra MidCap400 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/ExpenseExampleNoRedemption" id="wwwProSharescom_32_ExpenseExampleNoRedemption">
			<link:definition>3220040 - Disclosure - ProShares Ultra MidCap400 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/RiskTableData" id="wwwProSharescom_32_RiskTableData">
			<link:definition>3220045 - Disclosure - ProShares Ultra MidCap400 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/BarChartData" id="wwwProSharescom_32_BarChartData">
			<link:definition>3220050 - Disclosure - ProShares Ultra MidCap400 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/PerformanceTableData" id="wwwProSharescom_32_PerformanceTableData">
			<link:definition>3220060 - Disclosure - ProShares Ultra MidCap400 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/MarketIndexPerformanceData" id="wwwProSharescom_32_MarketIndexPerformanceData">
			<link:definition>3220070 - Disclosure - ProShares Ultra MidCap400 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/N1aCover" id="wwwProSharescom_32_N1aCover">
			<link:definition>3210000 - Disclosure - ProShares Ultra MidCap400 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/32/role/N1aSupplement" id="wwwProSharescom_32_N1aSupplement">
			<link:definition>3210001 - Disclosure - ProShares Ultra MidCap400 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/RiskReturn" id="wwwProSharescom_33_RiskReturn">
			<link:definition>3310002 - Disclosure - ProShares Ultra MSCI Brazil Capped Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/FeesAndExpenses" id="wwwProSharescom_33_FeesAndExpenses">
			<link:definition>3310003 - Disclosure - ProShares Ultra MSCI Brazil Capped Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/InvestmentStrategy" id="wwwProSharescom_33_InvestmentStrategy">
			<link:definition>3310004 - Disclosure - ProShares Ultra MSCI Brazil Capped Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/InvestmentRisks" id="wwwProSharescom_33_InvestmentRisks">
			<link:definition>3310005 - Disclosure - ProShares Ultra MSCI Brazil Capped Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/PerformanceManagement" id="wwwProSharescom_33_PerformanceManagement">
			<link:definition>3310006 - Disclosure - ProShares Ultra MSCI Brazil Capped Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/ShareholderFeesData" id="wwwProSharescom_33_ShareholderFeesData">
			<link:definition>3320010 - Disclosure - ProShares Ultra MSCI Brazil Capped Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/OperatingExpensesData" id="wwwProSharescom_33_OperatingExpensesData">
			<link:definition>3320020 - Disclosure - ProShares Ultra MSCI Brazil Capped Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/ExpenseExample" id="wwwProSharescom_33_ExpenseExample">
			<link:definition>3320030 - Disclosure - ProShares Ultra MSCI Brazil Capped Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/ExpenseExampleNoRedemption" id="wwwProSharescom_33_ExpenseExampleNoRedemption">
			<link:definition>3320040 - Disclosure - ProShares Ultra MSCI Brazil Capped Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/RiskTableData" id="wwwProSharescom_33_RiskTableData">
			<link:definition>3320045 - Disclosure - ProShares Ultra MSCI Brazil Capped Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/BarChartData" id="wwwProSharescom_33_BarChartData">
			<link:definition>3320050 - Disclosure - ProShares Ultra MSCI Brazil Capped Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/PerformanceTableData" id="wwwProSharescom_33_PerformanceTableData">
			<link:definition>3320060 - Disclosure - ProShares Ultra MSCI Brazil Capped Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/MarketIndexPerformanceData" id="wwwProSharescom_33_MarketIndexPerformanceData">
			<link:definition>3320070 - Disclosure - ProShares Ultra MSCI Brazil Capped Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/N1aCover" id="wwwProSharescom_33_N1aCover">
			<link:definition>3310000 - Disclosure - ProShares Ultra MSCI Brazil Capped N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/33/role/N1aSupplement" id="wwwProSharescom_33_N1aSupplement">
			<link:definition>3310001 - Disclosure - ProShares Ultra MSCI Brazil Capped N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/RiskReturn" id="wwwProSharescom_34_RiskReturn">
			<link:definition>3410002 - Disclosure - ProShares Ultra MSCI EAFE Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/FeesAndExpenses" id="wwwProSharescom_34_FeesAndExpenses">
			<link:definition>3410003 - Disclosure - ProShares Ultra MSCI EAFE Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/InvestmentStrategy" id="wwwProSharescom_34_InvestmentStrategy">
			<link:definition>3410004 - Disclosure - ProShares Ultra MSCI EAFE Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/InvestmentRisks" id="wwwProSharescom_34_InvestmentRisks">
			<link:definition>3410005 - Disclosure - ProShares Ultra MSCI EAFE Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/PerformanceManagement" id="wwwProSharescom_34_PerformanceManagement">
			<link:definition>3410006 - Disclosure - ProShares Ultra MSCI EAFE Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/ShareholderFeesData" id="wwwProSharescom_34_ShareholderFeesData">
			<link:definition>3420010 - Disclosure - ProShares Ultra MSCI EAFE Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/OperatingExpensesData" id="wwwProSharescom_34_OperatingExpensesData">
			<link:definition>3420020 - Disclosure - ProShares Ultra MSCI EAFE Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/ExpenseExample" id="wwwProSharescom_34_ExpenseExample">
			<link:definition>3420030 - Disclosure - ProShares Ultra MSCI EAFE Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/ExpenseExampleNoRedemption" id="wwwProSharescom_34_ExpenseExampleNoRedemption">
			<link:definition>3420040 - Disclosure - ProShares Ultra MSCI EAFE Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/RiskTableData" id="wwwProSharescom_34_RiskTableData">
			<link:definition>3420045 - Disclosure - ProShares Ultra MSCI EAFE Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/BarChartData" id="wwwProSharescom_34_BarChartData">
			<link:definition>3420050 - Disclosure - ProShares Ultra MSCI EAFE Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/PerformanceTableData" id="wwwProSharescom_34_PerformanceTableData">
			<link:definition>3420060 - Disclosure - ProShares Ultra MSCI EAFE Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/MarketIndexPerformanceData" id="wwwProSharescom_34_MarketIndexPerformanceData">
			<link:definition>3420070 - Disclosure - ProShares Ultra MSCI EAFE Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/N1aCover" id="wwwProSharescom_34_N1aCover">
			<link:definition>3410000 - Disclosure - ProShares Ultra MSCI EAFE N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/34/role/N1aSupplement" id="wwwProSharescom_34_N1aSupplement">
			<link:definition>3410001 - Disclosure - ProShares Ultra MSCI EAFE N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/RiskReturn" id="wwwProSharescom_35_RiskReturn">
			<link:definition>3510002 - Disclosure - ProShares Ultra MSCI Emerging Markets Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/FeesAndExpenses" id="wwwProSharescom_35_FeesAndExpenses">
			<link:definition>3510003 - Disclosure - ProShares Ultra MSCI Emerging Markets Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/InvestmentStrategy" id="wwwProSharescom_35_InvestmentStrategy">
			<link:definition>3510004 - Disclosure - ProShares Ultra MSCI Emerging Markets Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/InvestmentRisks" id="wwwProSharescom_35_InvestmentRisks">
			<link:definition>3510005 - Disclosure - ProShares Ultra MSCI Emerging Markets Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/PerformanceManagement" id="wwwProSharescom_35_PerformanceManagement">
			<link:definition>3510006 - Disclosure - ProShares Ultra MSCI Emerging Markets Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/ShareholderFeesData" id="wwwProSharescom_35_ShareholderFeesData">
			<link:definition>3520010 - Disclosure - ProShares Ultra MSCI Emerging Markets Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/OperatingExpensesData" id="wwwProSharescom_35_OperatingExpensesData">
			<link:definition>3520020 - Disclosure - ProShares Ultra MSCI Emerging Markets Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/ExpenseExample" id="wwwProSharescom_35_ExpenseExample">
			<link:definition>3520030 - Disclosure - ProShares Ultra MSCI Emerging Markets Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/ExpenseExampleNoRedemption" id="wwwProSharescom_35_ExpenseExampleNoRedemption">
			<link:definition>3520040 - Disclosure - ProShares Ultra MSCI Emerging Markets Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/RiskTableData" id="wwwProSharescom_35_RiskTableData">
			<link:definition>3520045 - Disclosure - ProShares Ultra MSCI Emerging Markets Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/BarChartData" id="wwwProSharescom_35_BarChartData">
			<link:definition>3520050 - Disclosure - ProShares Ultra MSCI Emerging Markets Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/PerformanceTableData" id="wwwProSharescom_35_PerformanceTableData">
			<link:definition>3520060 - Disclosure - ProShares Ultra MSCI Emerging Markets Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/MarketIndexPerformanceData" id="wwwProSharescom_35_MarketIndexPerformanceData">
			<link:definition>3520070 - Disclosure - ProShares Ultra MSCI Emerging Markets Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/N1aCover" id="wwwProSharescom_35_N1aCover">
			<link:definition>3510000 - Disclosure - ProShares Ultra MSCI Emerging Markets N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/35/role/N1aSupplement" id="wwwProSharescom_35_N1aSupplement">
			<link:definition>3510001 - Disclosure - ProShares Ultra MSCI Emerging Markets N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/RiskReturn" id="wwwProSharescom_36_RiskReturn">
			<link:definition>3610002 - Disclosure - ProShares Ultra MSCI Japan Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/FeesAndExpenses" id="wwwProSharescom_36_FeesAndExpenses">
			<link:definition>3610003 - Disclosure - ProShares Ultra MSCI Japan Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/InvestmentStrategy" id="wwwProSharescom_36_InvestmentStrategy">
			<link:definition>3610004 - Disclosure - ProShares Ultra MSCI Japan Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/InvestmentRisks" id="wwwProSharescom_36_InvestmentRisks">
			<link:definition>3610005 - Disclosure - ProShares Ultra MSCI Japan Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/PerformanceManagement" id="wwwProSharescom_36_PerformanceManagement">
			<link:definition>3610006 - Disclosure - ProShares Ultra MSCI Japan Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/ShareholderFeesData" id="wwwProSharescom_36_ShareholderFeesData">
			<link:definition>3620010 - Disclosure - ProShares Ultra MSCI Japan Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/OperatingExpensesData" id="wwwProSharescom_36_OperatingExpensesData">
			<link:definition>3620020 - Disclosure - ProShares Ultra MSCI Japan Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/ExpenseExample" id="wwwProSharescom_36_ExpenseExample">
			<link:definition>3620030 - Disclosure - ProShares Ultra MSCI Japan Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/ExpenseExampleNoRedemption" id="wwwProSharescom_36_ExpenseExampleNoRedemption">
			<link:definition>3620040 - Disclosure - ProShares Ultra MSCI Japan Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/RiskTableData" id="wwwProSharescom_36_RiskTableData">
			<link:definition>3620045 - Disclosure - ProShares Ultra MSCI Japan Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/BarChartData" id="wwwProSharescom_36_BarChartData">
			<link:definition>3620050 - Disclosure - ProShares Ultra MSCI Japan Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/PerformanceTableData" id="wwwProSharescom_36_PerformanceTableData">
			<link:definition>3620060 - Disclosure - ProShares Ultra MSCI Japan Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/MarketIndexPerformanceData" id="wwwProSharescom_36_MarketIndexPerformanceData">
			<link:definition>3620070 - Disclosure - ProShares Ultra MSCI Japan Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/36/role/N1aCover" id="wwwProSharescom_36_N1aCover">
			<link:definition>3610000 - Disclosure - ProShares Ultra MSCI Japan N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/36/role/N1aSupplement" id="wwwProSharescom_36_N1aSupplement">
			<link:definition>3610001 - Disclosure - ProShares Ultra MSCI Japan N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/37/role/RiskReturn" id="wwwProSharescom_37_RiskReturn">
			<link:definition>3710002 - Disclosure - ProShares Ultra NASDAQ Biotechnology Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/37/role/FeesAndExpenses" id="wwwProSharescom_37_FeesAndExpenses">
			<link:definition>3710003 - Disclosure - ProShares Ultra NASDAQ Biotechnology Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/InvestmentStrategy" id="wwwProSharescom_37_InvestmentStrategy">
			<link:definition>3710004 - Disclosure - ProShares Ultra NASDAQ Biotechnology Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/InvestmentRisks" id="wwwProSharescom_37_InvestmentRisks">
			<link:definition>3710005 - Disclosure - ProShares Ultra NASDAQ Biotechnology Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/PerformanceManagement" id="wwwProSharescom_37_PerformanceManagement">
			<link:definition>3710006 - Disclosure - ProShares Ultra NASDAQ Biotechnology Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/ShareholderFeesData" id="wwwProSharescom_37_ShareholderFeesData">
			<link:definition>3720010 - Disclosure - ProShares Ultra NASDAQ Biotechnology Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/OperatingExpensesData" id="wwwProSharescom_37_OperatingExpensesData">
			<link:definition>3720020 - Disclosure - ProShares Ultra NASDAQ Biotechnology Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/ExpenseExample" id="wwwProSharescom_37_ExpenseExample">
			<link:definition>3720030 - Disclosure - ProShares Ultra NASDAQ Biotechnology Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/ExpenseExampleNoRedemption" id="wwwProSharescom_37_ExpenseExampleNoRedemption">
			<link:definition>3720040 - Disclosure - ProShares Ultra NASDAQ Biotechnology Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/RiskTableData" id="wwwProSharescom_37_RiskTableData">
			<link:definition>3720045 - Disclosure - ProShares Ultra NASDAQ Biotechnology Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/BarChartData" id="wwwProSharescom_37_BarChartData">
			<link:definition>3720050 - Disclosure - ProShares Ultra NASDAQ Biotechnology Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/PerformanceTableData" id="wwwProSharescom_37_PerformanceTableData">
			<link:definition>3720060 - Disclosure - ProShares Ultra NASDAQ Biotechnology Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/MarketIndexPerformanceData" id="wwwProSharescom_37_MarketIndexPerformanceData">
			<link:definition>3720070 - Disclosure - ProShares Ultra NASDAQ Biotechnology Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/N1aCover" id="wwwProSharescom_37_N1aCover">
			<link:definition>3710000 - Disclosure - ProShares Ultra NASDAQ Biotechnology N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/37/role/N1aSupplement" id="wwwProSharescom_37_N1aSupplement">
			<link:definition>3710001 - Disclosure - ProShares Ultra NASDAQ Biotechnology N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/RiskReturn" id="wwwProSharescom_38_RiskReturn">
			<link:definition>3810002 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/FeesAndExpenses" id="wwwProSharescom_38_FeesAndExpenses">
			<link:definition>3810003 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/InvestmentStrategy" id="wwwProSharescom_38_InvestmentStrategy">
			<link:definition>3810004 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/InvestmentRisks" id="wwwProSharescom_38_InvestmentRisks">
			<link:definition>3810005 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/PerformanceManagement" id="wwwProSharescom_38_PerformanceManagement">
			<link:definition>3810006 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/ShareholderFeesData" id="wwwProSharescom_38_ShareholderFeesData">
			<link:definition>3820010 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/OperatingExpensesData" id="wwwProSharescom_38_OperatingExpensesData">
			<link:definition>3820020 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/ExpenseExample" id="wwwProSharescom_38_ExpenseExample">
			<link:definition>3820030 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/ExpenseExampleNoRedemption" id="wwwProSharescom_38_ExpenseExampleNoRedemption">
			<link:definition>3820040 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/RiskTableData" id="wwwProSharescom_38_RiskTableData">
			<link:definition>3820045 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/BarChartData" id="wwwProSharescom_38_BarChartData">
			<link:definition>3820050 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/PerformanceTableData" id="wwwProSharescom_38_PerformanceTableData">
			<link:definition>3820060 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/MarketIndexPerformanceData" id="wwwProSharescom_38_MarketIndexPerformanceData">
			<link:definition>3820070 - Disclosure - ProShares Ultra Nasdaq Cloud Computing Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/N1aCover" id="wwwProSharescom_38_N1aCover">
			<link:definition>3810000 - Disclosure - ProShares Ultra Nasdaq Cloud Computing N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/38/role/N1aSupplement" id="wwwProSharescom_38_N1aSupplement">
			<link:definition>3810001 - Disclosure - ProShares Ultra Nasdaq Cloud Computing N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/RiskReturn" id="wwwProSharescom_39_RiskReturn">
			<link:definition>3910002 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/FeesAndExpenses" id="wwwProSharescom_39_FeesAndExpenses">
			<link:definition>3910003 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/InvestmentStrategy" id="wwwProSharescom_39_InvestmentStrategy">
			<link:definition>3910004 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/InvestmentRisks" id="wwwProSharescom_39_InvestmentRisks">
			<link:definition>3910005 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/PerformanceManagement" id="wwwProSharescom_39_PerformanceManagement">
			<link:definition>3910006 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/ShareholderFeesData" id="wwwProSharescom_39_ShareholderFeesData">
			<link:definition>3920010 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/OperatingExpensesData" id="wwwProSharescom_39_OperatingExpensesData">
			<link:definition>3920020 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/ExpenseExample" id="wwwProSharescom_39_ExpenseExample">
			<link:definition>3920030 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/ExpenseExampleNoRedemption" id="wwwProSharescom_39_ExpenseExampleNoRedemption">
			<link:definition>3920040 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/RiskTableData" id="wwwProSharescom_39_RiskTableData">
			<link:definition>3920045 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/BarChartData" id="wwwProSharescom_39_BarChartData">
			<link:definition>3920050 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/PerformanceTableData" id="wwwProSharescom_39_PerformanceTableData">
			<link:definition>3920060 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/MarketIndexPerformanceData" id="wwwProSharescom_39_MarketIndexPerformanceData">
			<link:definition>3920070 - Disclosure - ProShares Ultra Nasdaq Cybersecurity Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/N1aCover" id="wwwProSharescom_39_N1aCover">
			<link:definition>3910000 - Disclosure - ProShares Ultra Nasdaq Cybersecurity N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/39/role/N1aSupplement" id="wwwProSharescom_39_N1aSupplement">
			<link:definition>3910001 - Disclosure - ProShares Ultra Nasdaq Cybersecurity N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/40/role/RiskReturn" id="wwwProSharescom_40_RiskReturn">
			<link:definition>4010002 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/40/role/FeesAndExpenses" id="wwwProSharescom_40_FeesAndExpenses">
			<link:definition>4010003 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/40/role/InvestmentStrategy" id="wwwProSharescom_40_InvestmentStrategy">
			<link:definition>4010004 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/40/role/InvestmentRisks" id="wwwProSharescom_40_InvestmentRisks">
			<link:definition>4010005 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/40/role/PerformanceManagement" id="wwwProSharescom_40_PerformanceManagement">
			<link:definition>4010006 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/40/role/ShareholderFeesData" id="wwwProSharescom_40_ShareholderFeesData">
			<link:definition>4020010 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/40/role/OperatingExpensesData" id="wwwProSharescom_40_OperatingExpensesData">
			<link:definition>4020020 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/40/role/ExpenseExample" id="wwwProSharescom_40_ExpenseExample">
			<link:definition>4020030 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/40/role/ExpenseExampleNoRedemption" id="wwwProSharescom_40_ExpenseExampleNoRedemption">
			<link:definition>4020040 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/40/role/RiskTableData" id="wwwProSharescom_40_RiskTableData">
			<link:definition>4020045 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/40/role/BarChartData" id="wwwProSharescom_40_BarChartData">
			<link:definition>4020050 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/40/role/PerformanceTableData" id="wwwProSharescom_40_PerformanceTableData">
			<link:definition>4020060 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/40/role/MarketIndexPerformanceData" id="wwwProSharescom_40_MarketIndexPerformanceData">
			<link:definition>4020070 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/40/role/N1aCover" id="wwwProSharescom_40_N1aCover">
			<link:definition>4010000 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/40/role/N1aSupplement" id="wwwProSharescom_40_N1aSupplement">
			<link:definition>4010001 - Disclosure - ProShares Ultra Natural Gas K-1 Free ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/41/role/RiskReturn" id="wwwProSharescom_41_RiskReturn">
			<link:definition>4110002 - Disclosure - ProShares Ultra Oil K-1 Free ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/41/role/FeesAndExpenses" id="wwwProSharescom_41_FeesAndExpenses">
			<link:definition>4110003 - Disclosure - ProShares Ultra Oil K-1 Free ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/41/role/InvestmentStrategy" id="wwwProSharescom_41_InvestmentStrategy">
			<link:definition>4110004 - Disclosure - ProShares Ultra Oil K-1 Free ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/41/role/InvestmentRisks" id="wwwProSharescom_41_InvestmentRisks">
			<link:definition>4110005 - Disclosure - ProShares Ultra Oil K-1 Free ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/41/role/PerformanceManagement" id="wwwProSharescom_41_PerformanceManagement">
			<link:definition>4110006 - Disclosure - ProShares Ultra Oil K-1 Free ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/41/role/ShareholderFeesData" id="wwwProSharescom_41_ShareholderFeesData">
			<link:definition>4120010 - Disclosure - ProShares Ultra Oil K-1 Free ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/41/role/OperatingExpensesData" id="wwwProSharescom_41_OperatingExpensesData">
			<link:definition>4120020 - Disclosure - ProShares Ultra Oil K-1 Free ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/41/role/ExpenseExample" id="wwwProSharescom_41_ExpenseExample">
			<link:definition>4120030 - Disclosure - ProShares Ultra Oil K-1 Free ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/41/role/ExpenseExampleNoRedemption" id="wwwProSharescom_41_ExpenseExampleNoRedemption">
			<link:definition>4120040 - Disclosure - ProShares Ultra Oil K-1 Free ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/41/role/RiskTableData" id="wwwProSharescom_41_RiskTableData">
			<link:definition>4120045 - Disclosure - ProShares Ultra Oil K-1 Free ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/41/role/BarChartData" id="wwwProSharescom_41_BarChartData">
			<link:definition>4120050 - Disclosure - ProShares Ultra Oil K-1 Free ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/41/role/PerformanceTableData" id="wwwProSharescom_41_PerformanceTableData">
			<link:definition>4120060 - Disclosure - ProShares Ultra Oil K-1 Free ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/41/role/MarketIndexPerformanceData" id="wwwProSharescom_41_MarketIndexPerformanceData">
			<link:definition>4120070 - Disclosure - ProShares Ultra Oil K-1 Free ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/41/role/N1aCover" id="wwwProSharescom_41_N1aCover">
			<link:definition>4110000 - Disclosure - ProShares Ultra Oil K-1 Free ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/41/role/N1aSupplement" id="wwwProSharescom_41_N1aSupplement">
			<link:definition>4110001 - Disclosure - ProShares Ultra Oil K-1 Free ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/RiskReturn" id="wwwProSharescom_42_RiskReturn">
			<link:definition>4210002 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/FeesAndExpenses" id="wwwProSharescom_42_FeesAndExpenses">
			<link:definition>4210003 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/InvestmentStrategy" id="wwwProSharescom_42_InvestmentStrategy">
			<link:definition>4210004 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/InvestmentRisks" id="wwwProSharescom_42_InvestmentRisks">
			<link:definition>4210005 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/PerformanceManagement" id="wwwProSharescom_42_PerformanceManagement">
			<link:definition>4210006 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/ShareholderFeesData" id="wwwProSharescom_42_ShareholderFeesData">
			<link:definition>4220010 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/OperatingExpensesData" id="wwwProSharescom_42_OperatingExpensesData">
			<link:definition>4220020 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/ExpenseExample" id="wwwProSharescom_42_ExpenseExample">
			<link:definition>4220030 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/ExpenseExampleNoRedemption" id="wwwProSharescom_42_ExpenseExampleNoRedemption">
			<link:definition>4220040 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/RiskTableData" id="wwwProSharescom_42_RiskTableData">
			<link:definition>4220045 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/BarChartData" id="wwwProSharescom_42_BarChartData">
			<link:definition>4220050 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/PerformanceTableData" id="wwwProSharescom_42_PerformanceTableData">
			<link:definition>4220060 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/MarketIndexPerformanceData" id="wwwProSharescom_42_MarketIndexPerformanceData">
			<link:definition>4220070 - Disclosure - ProShares Ultra Palladium K-1 Free ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/N1aCover" id="wwwProSharescom_42_N1aCover">
			<link:definition>4210000 - Disclosure - ProShares Ultra Palladium K-1 Free ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/42/role/N1aSupplement" id="wwwProSharescom_42_N1aSupplement">
			<link:definition>4210001 - Disclosure - ProShares Ultra Palladium K-1 Free ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/RiskReturn" id="wwwProSharescom_43_RiskReturn">
			<link:definition>4310002 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/FeesAndExpenses" id="wwwProSharescom_43_FeesAndExpenses">
			<link:definition>4310003 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/InvestmentStrategy" id="wwwProSharescom_43_InvestmentStrategy">
			<link:definition>4310004 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/InvestmentRisks" id="wwwProSharescom_43_InvestmentRisks">
			<link:definition>4310005 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/PerformanceManagement" id="wwwProSharescom_43_PerformanceManagement">
			<link:definition>4310006 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/ShareholderFeesData" id="wwwProSharescom_43_ShareholderFeesData">
			<link:definition>4320010 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/OperatingExpensesData" id="wwwProSharescom_43_OperatingExpensesData">
			<link:definition>4320020 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/ExpenseExample" id="wwwProSharescom_43_ExpenseExample">
			<link:definition>4320030 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/ExpenseExampleNoRedemption" id="wwwProSharescom_43_ExpenseExampleNoRedemption">
			<link:definition>4320040 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/RiskTableData" id="wwwProSharescom_43_RiskTableData">
			<link:definition>4320045 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/BarChartData" id="wwwProSharescom_43_BarChartData">
			<link:definition>4320050 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/PerformanceTableData" id="wwwProSharescom_43_PerformanceTableData">
			<link:definition>4320060 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/MarketIndexPerformanceData" id="wwwProSharescom_43_MarketIndexPerformanceData">
			<link:definition>4320070 - Disclosure - ProShares Ultra Platinum K-1 Free ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/N1aCover" id="wwwProSharescom_43_N1aCover">
			<link:definition>4310000 - Disclosure - ProShares Ultra Platinum K-1 Free ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/43/role/N1aSupplement" id="wwwProSharescom_43_N1aSupplement">
			<link:definition>4310001 - Disclosure - ProShares Ultra Platinum K-1 Free ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/RiskReturn" id="wwwProSharescom_44_RiskReturn">
			<link:definition>4410002 - Disclosure - ProShares Ultra QQQ Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/FeesAndExpenses" id="wwwProSharescom_44_FeesAndExpenses">
			<link:definition>4410003 - Disclosure - ProShares Ultra QQQ Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/InvestmentStrategy" id="wwwProSharescom_44_InvestmentStrategy">
			<link:definition>4410004 - Disclosure - ProShares Ultra QQQ Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/InvestmentRisks" id="wwwProSharescom_44_InvestmentRisks">
			<link:definition>4410005 - Disclosure - ProShares Ultra QQQ Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/PerformanceManagement" id="wwwProSharescom_44_PerformanceManagement">
			<link:definition>4410006 - Disclosure - ProShares Ultra QQQ Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/ShareholderFeesData" id="wwwProSharescom_44_ShareholderFeesData">
			<link:definition>4420010 - Disclosure - ProShares Ultra QQQ Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/OperatingExpensesData" id="wwwProSharescom_44_OperatingExpensesData">
			<link:definition>4420020 - Disclosure - ProShares Ultra QQQ Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/ExpenseExample" id="wwwProSharescom_44_ExpenseExample">
			<link:definition>4420030 - Disclosure - ProShares Ultra QQQ Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/ExpenseExampleNoRedemption" id="wwwProSharescom_44_ExpenseExampleNoRedemption">
			<link:definition>4420040 - Disclosure - ProShares Ultra QQQ Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/RiskTableData" id="wwwProSharescom_44_RiskTableData">
			<link:definition>4420045 - Disclosure - ProShares Ultra QQQ Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/BarChartData" id="wwwProSharescom_44_BarChartData">
			<link:definition>4420050 - Disclosure - ProShares Ultra QQQ Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/PerformanceTableData" id="wwwProSharescom_44_PerformanceTableData">
			<link:definition>4420060 - Disclosure - ProShares Ultra QQQ Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/MarketIndexPerformanceData" id="wwwProSharescom_44_MarketIndexPerformanceData">
			<link:definition>4420070 - Disclosure - ProShares Ultra QQQ Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/N1aCover" id="wwwProSharescom_44_N1aCover">
			<link:definition>4410000 - Disclosure - ProShares Ultra QQQ N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/44/role/N1aSupplement" id="wwwProSharescom_44_N1aSupplement">
			<link:definition>4410001 - Disclosure - ProShares Ultra QQQ N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/RiskReturn" id="wwwProSharescom_45_RiskReturn">
			<link:definition>4510002 - Disclosure - ProShares Ultra QQQ Mega Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/FeesAndExpenses" id="wwwProSharescom_45_FeesAndExpenses">
			<link:definition>4510003 - Disclosure - ProShares Ultra QQQ Mega Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/InvestmentStrategy" id="wwwProSharescom_45_InvestmentStrategy">
			<link:definition>4510004 - Disclosure - ProShares Ultra QQQ Mega Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/InvestmentRisks" id="wwwProSharescom_45_InvestmentRisks">
			<link:definition>4510005 - Disclosure - ProShares Ultra QQQ Mega Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/PerformanceManagement" id="wwwProSharescom_45_PerformanceManagement">
			<link:definition>4510006 - Disclosure - ProShares Ultra QQQ Mega Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/ShareholderFeesData" id="wwwProSharescom_45_ShareholderFeesData">
			<link:definition>4520010 - Disclosure - ProShares Ultra QQQ Mega Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/OperatingExpensesData" id="wwwProSharescom_45_OperatingExpensesData">
			<link:definition>4520020 - Disclosure - ProShares Ultra QQQ Mega Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/ExpenseExample" id="wwwProSharescom_45_ExpenseExample">
			<link:definition>4520030 - Disclosure - ProShares Ultra QQQ Mega Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/ExpenseExampleNoRedemption" id="wwwProSharescom_45_ExpenseExampleNoRedemption">
			<link:definition>4520040 - Disclosure - ProShares Ultra QQQ Mega Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/RiskTableData" id="wwwProSharescom_45_RiskTableData">
			<link:definition>4520045 - Disclosure - ProShares Ultra QQQ Mega Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/BarChartData" id="wwwProSharescom_45_BarChartData">
			<link:definition>4520050 - Disclosure - ProShares Ultra QQQ Mega Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/PerformanceTableData" id="wwwProSharescom_45_PerformanceTableData">
			<link:definition>4520060 - Disclosure - ProShares Ultra QQQ Mega Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/MarketIndexPerformanceData" id="wwwProSharescom_45_MarketIndexPerformanceData">
			<link:definition>4520070 - Disclosure - ProShares Ultra QQQ Mega Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/N1aCover" id="wwwProSharescom_45_N1aCover">
			<link:definition>4510000 - Disclosure - ProShares Ultra QQQ Mega N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/45/role/N1aSupplement" id="wwwProSharescom_45_N1aSupplement">
			<link:definition>4510001 - Disclosure - ProShares Ultra QQQ Mega N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/RiskReturn" id="wwwProSharescom_46_RiskReturn">
			<link:definition>4610002 - Disclosure - ProShares Ultra QQQ Top 30 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/FeesAndExpenses" id="wwwProSharescom_46_FeesAndExpenses">
			<link:definition>4610003 - Disclosure - ProShares Ultra QQQ Top 30 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/InvestmentStrategy" id="wwwProSharescom_46_InvestmentStrategy">
			<link:definition>4610004 - Disclosure - ProShares Ultra QQQ Top 30 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/InvestmentRisks" id="wwwProSharescom_46_InvestmentRisks">
			<link:definition>4610005 - Disclosure - ProShares Ultra QQQ Top 30 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/PerformanceManagement" id="wwwProSharescom_46_PerformanceManagement">
			<link:definition>4610006 - Disclosure - ProShares Ultra QQQ Top 30 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/ShareholderFeesData" id="wwwProSharescom_46_ShareholderFeesData">
			<link:definition>4620010 - Disclosure - ProShares Ultra QQQ Top 30 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/OperatingExpensesData" id="wwwProSharescom_46_OperatingExpensesData">
			<link:definition>4620020 - Disclosure - ProShares Ultra QQQ Top 30 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/ExpenseExample" id="wwwProSharescom_46_ExpenseExample">
			<link:definition>4620030 - Disclosure - ProShares Ultra QQQ Top 30 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/ExpenseExampleNoRedemption" id="wwwProSharescom_46_ExpenseExampleNoRedemption">
			<link:definition>4620040 - Disclosure - ProShares Ultra QQQ Top 30 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/RiskTableData" id="wwwProSharescom_46_RiskTableData">
			<link:definition>4620045 - Disclosure - ProShares Ultra QQQ Top 30 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/BarChartData" id="wwwProSharescom_46_BarChartData">
			<link:definition>4620050 - Disclosure - ProShares Ultra QQQ Top 30 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/PerformanceTableData" id="wwwProSharescom_46_PerformanceTableData">
			<link:definition>4620060 - Disclosure - ProShares Ultra QQQ Top 30 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/MarketIndexPerformanceData" id="wwwProSharescom_46_MarketIndexPerformanceData">
			<link:definition>4620070 - Disclosure - ProShares Ultra QQQ Top 30 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/N1aCover" id="wwwProSharescom_46_N1aCover">
			<link:definition>4610000 - Disclosure - ProShares Ultra QQQ Top 30 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/46/role/N1aSupplement" id="wwwProSharescom_46_N1aSupplement">
			<link:definition>4610001 - Disclosure - ProShares Ultra QQQ Top 30 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/RiskReturn" id="wwwProSharescom_47_RiskReturn">
			<link:definition>4710002 - Disclosure - ProShares Ultra Real Estate Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/FeesAndExpenses" id="wwwProSharescom_47_FeesAndExpenses">
			<link:definition>4710003 - Disclosure - ProShares Ultra Real Estate Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/InvestmentStrategy" id="wwwProSharescom_47_InvestmentStrategy">
			<link:definition>4710004 - Disclosure - ProShares Ultra Real Estate Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/InvestmentRisks" id="wwwProSharescom_47_InvestmentRisks">
			<link:definition>4710005 - Disclosure - ProShares Ultra Real Estate Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/PerformanceManagement" id="wwwProSharescom_47_PerformanceManagement">
			<link:definition>4710006 - Disclosure - ProShares Ultra Real Estate Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/ShareholderFeesData" id="wwwProSharescom_47_ShareholderFeesData">
			<link:definition>4720010 - Disclosure - ProShares Ultra Real Estate Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/OperatingExpensesData" id="wwwProSharescom_47_OperatingExpensesData">
			<link:definition>4720020 - Disclosure - ProShares Ultra Real Estate Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/ExpenseExample" id="wwwProSharescom_47_ExpenseExample">
			<link:definition>4720030 - Disclosure - ProShares Ultra Real Estate Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/ExpenseExampleNoRedemption" id="wwwProSharescom_47_ExpenseExampleNoRedemption">
			<link:definition>4720040 - Disclosure - ProShares Ultra Real Estate Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/RiskTableData" id="wwwProSharescom_47_RiskTableData">
			<link:definition>4720045 - Disclosure - ProShares Ultra Real Estate Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/BarChartData" id="wwwProSharescom_47_BarChartData">
			<link:definition>4720050 - Disclosure - ProShares Ultra Real Estate Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/PerformanceTableData" id="wwwProSharescom_47_PerformanceTableData">
			<link:definition>4720060 - Disclosure - ProShares Ultra Real Estate Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/MarketIndexPerformanceData" id="wwwProSharescom_47_MarketIndexPerformanceData">
			<link:definition>4720070 - Disclosure - ProShares Ultra Real Estate Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/N1aCover" id="wwwProSharescom_47_N1aCover">
			<link:definition>4710000 - Disclosure - ProShares Ultra Real Estate N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/47/role/N1aSupplement" id="wwwProSharescom_47_N1aSupplement">
			<link:definition>4710001 - Disclosure - ProShares Ultra Real Estate N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/RiskReturn" id="wwwProSharescom_48_RiskReturn">
			<link:definition>4810002 - Disclosure - ProShares Ultra Russell2000 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/FeesAndExpenses" id="wwwProSharescom_48_FeesAndExpenses">
			<link:definition>4810003 - Disclosure - ProShares Ultra Russell2000 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/InvestmentStrategy" id="wwwProSharescom_48_InvestmentStrategy">
			<link:definition>4810004 - Disclosure - ProShares Ultra Russell2000 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/InvestmentRisks" id="wwwProSharescom_48_InvestmentRisks">
			<link:definition>4810005 - Disclosure - ProShares Ultra Russell2000 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/PerformanceManagement" id="wwwProSharescom_48_PerformanceManagement">
			<link:definition>4810006 - Disclosure - ProShares Ultra Russell2000 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/ShareholderFeesData" id="wwwProSharescom_48_ShareholderFeesData">
			<link:definition>4820010 - Disclosure - ProShares Ultra Russell2000 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/OperatingExpensesData" id="wwwProSharescom_48_OperatingExpensesData">
			<link:definition>4820020 - Disclosure - ProShares Ultra Russell2000 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/ExpenseExample" id="wwwProSharescom_48_ExpenseExample">
			<link:definition>4820030 - Disclosure - ProShares Ultra Russell2000 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/ExpenseExampleNoRedemption" id="wwwProSharescom_48_ExpenseExampleNoRedemption">
			<link:definition>4820040 - Disclosure - ProShares Ultra Russell2000 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/RiskTableData" id="wwwProSharescom_48_RiskTableData">
			<link:definition>4820045 - Disclosure - ProShares Ultra Russell2000 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/BarChartData" id="wwwProSharescom_48_BarChartData">
			<link:definition>4820050 - Disclosure - ProShares Ultra Russell2000 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/PerformanceTableData" id="wwwProSharescom_48_PerformanceTableData">
			<link:definition>4820060 - Disclosure - ProShares Ultra Russell2000 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/MarketIndexPerformanceData" id="wwwProSharescom_48_MarketIndexPerformanceData">
			<link:definition>4820070 - Disclosure - ProShares Ultra Russell2000 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/N1aCover" id="wwwProSharescom_48_N1aCover">
			<link:definition>4810000 - Disclosure - ProShares Ultra Russell2000 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/48/role/N1aSupplement" id="wwwProSharescom_48_N1aSupplement">
			<link:definition>4810001 - Disclosure - ProShares Ultra Russell2000 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/RiskReturn" id="wwwProSharescom_49_RiskReturn">
			<link:definition>4910002 - Disclosure - ProShares Ultra S and P 500 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/FeesAndExpenses" id="wwwProSharescom_49_FeesAndExpenses">
			<link:definition>4910003 - Disclosure - ProShares Ultra S and P 500 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/InvestmentStrategy" id="wwwProSharescom_49_InvestmentStrategy">
			<link:definition>4910004 - Disclosure - ProShares Ultra S and P 500 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/InvestmentRisks" id="wwwProSharescom_49_InvestmentRisks">
			<link:definition>4910005 - Disclosure - ProShares Ultra S and P 500 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/PerformanceManagement" id="wwwProSharescom_49_PerformanceManagement">
			<link:definition>4910006 - Disclosure - ProShares Ultra S and P 500 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/ShareholderFeesData" id="wwwProSharescom_49_ShareholderFeesData">
			<link:definition>4920010 - Disclosure - ProShares Ultra S and P 500 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/OperatingExpensesData" id="wwwProSharescom_49_OperatingExpensesData">
			<link:definition>4920020 - Disclosure - ProShares Ultra S and P 500 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/ExpenseExample" id="wwwProSharescom_49_ExpenseExample">
			<link:definition>4920030 - Disclosure - ProShares Ultra S and P 500 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/ExpenseExampleNoRedemption" id="wwwProSharescom_49_ExpenseExampleNoRedemption">
			<link:definition>4920040 - Disclosure - ProShares Ultra S and P 500 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/RiskTableData" id="wwwProSharescom_49_RiskTableData">
			<link:definition>4920045 - Disclosure - ProShares Ultra S and P 500 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/BarChartData" id="wwwProSharescom_49_BarChartData">
			<link:definition>4920050 - Disclosure - ProShares Ultra S and P 500 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/PerformanceTableData" id="wwwProSharescom_49_PerformanceTableData">
			<link:definition>4920060 - Disclosure - ProShares Ultra S and P 500 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/MarketIndexPerformanceData" id="wwwProSharescom_49_MarketIndexPerformanceData">
			<link:definition>4920070 - Disclosure - ProShares Ultra S and P 500 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/N1aCover" id="wwwProSharescom_49_N1aCover">
			<link:definition>4910000 - Disclosure - ProShares Ultra S and P 500 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/49/role/N1aSupplement" id="wwwProSharescom_49_N1aSupplement">
			<link:definition>4910001 - Disclosure - ProShares Ultra S and P 500 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/RiskReturn" id="wwwProSharescom_50_RiskReturn">
			<link:definition>5010002 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/FeesAndExpenses" id="wwwProSharescom_50_FeesAndExpenses">
			<link:definition>5010003 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/InvestmentStrategy" id="wwwProSharescom_50_InvestmentStrategy">
			<link:definition>5010004 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/InvestmentRisks" id="wwwProSharescom_50_InvestmentRisks">
			<link:definition>5010005 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/PerformanceManagement" id="wwwProSharescom_50_PerformanceManagement">
			<link:definition>5010006 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/ShareholderFeesData" id="wwwProSharescom_50_ShareholderFeesData">
			<link:definition>5020010 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/OperatingExpensesData" id="wwwProSharescom_50_OperatingExpensesData">
			<link:definition>5020020 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/ExpenseExample" id="wwwProSharescom_50_ExpenseExample">
			<link:definition>5020030 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/ExpenseExampleNoRedemption" id="wwwProSharescom_50_ExpenseExampleNoRedemption">
			<link:definition>5020040 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/RiskTableData" id="wwwProSharescom_50_RiskTableData">
			<link:definition>5020045 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/BarChartData" id="wwwProSharescom_50_BarChartData">
			<link:definition>5020050 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/PerformanceTableData" id="wwwProSharescom_50_PerformanceTableData">
			<link:definition>5020060 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/MarketIndexPerformanceData" id="wwwProSharescom_50_MarketIndexPerformanceData">
			<link:definition>5020070 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/N1aCover" id="wwwProSharescom_50_N1aCover">
			<link:definition>5010000 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/50/role/N1aSupplement" id="wwwProSharescom_50_N1aSupplement">
			<link:definition>5010001 - Disclosure - ProShares Ultra S&amp;P 500 Equal Weight N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/RiskReturn" id="wwwProSharescom_51_RiskReturn">
			<link:definition>5110002 - Disclosure - ProShares Ultra Semiconductors Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/FeesAndExpenses" id="wwwProSharescom_51_FeesAndExpenses">
			<link:definition>5110003 - Disclosure - ProShares Ultra Semiconductors Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/InvestmentStrategy" id="wwwProSharescom_51_InvestmentStrategy">
			<link:definition>5110004 - Disclosure - ProShares Ultra Semiconductors Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/InvestmentRisks" id="wwwProSharescom_51_InvestmentRisks">
			<link:definition>5110005 - Disclosure - ProShares Ultra Semiconductors Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/PerformanceManagement" id="wwwProSharescom_51_PerformanceManagement">
			<link:definition>5110006 - Disclosure - ProShares Ultra Semiconductors Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/ShareholderFeesData" id="wwwProSharescom_51_ShareholderFeesData">
			<link:definition>5120010 - Disclosure - ProShares Ultra Semiconductors Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/OperatingExpensesData" id="wwwProSharescom_51_OperatingExpensesData">
			<link:definition>5120020 - Disclosure - ProShares Ultra Semiconductors Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/ExpenseExample" id="wwwProSharescom_51_ExpenseExample">
			<link:definition>5120030 - Disclosure - ProShares Ultra Semiconductors Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/ExpenseExampleNoRedemption" id="wwwProSharescom_51_ExpenseExampleNoRedemption">
			<link:definition>5120040 - Disclosure - ProShares Ultra Semiconductors Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/RiskTableData" id="wwwProSharescom_51_RiskTableData">
			<link:definition>5120045 - Disclosure - ProShares Ultra Semiconductors Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/BarChartData" id="wwwProSharescom_51_BarChartData">
			<link:definition>5120050 - Disclosure - ProShares Ultra Semiconductors Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/PerformanceTableData" id="wwwProSharescom_51_PerformanceTableData">
			<link:definition>5120060 - Disclosure - ProShares Ultra Semiconductors Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/MarketIndexPerformanceData" id="wwwProSharescom_51_MarketIndexPerformanceData">
			<link:definition>5120070 - Disclosure - ProShares Ultra Semiconductors Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/N1aCover" id="wwwProSharescom_51_N1aCover">
			<link:definition>5110000 - Disclosure - ProShares Ultra Semiconductors N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/51/role/N1aSupplement" id="wwwProSharescom_51_N1aSupplement">
			<link:definition>5110001 - Disclosure - ProShares Ultra Semiconductors N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/RiskReturn" id="wwwProSharescom_52_RiskReturn">
			<link:definition>5210002 - Disclosure - ProShares Ultra Silver K-1 Free ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/FeesAndExpenses" id="wwwProSharescom_52_FeesAndExpenses">
			<link:definition>5210003 - Disclosure - ProShares Ultra Silver K-1 Free ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/InvestmentStrategy" id="wwwProSharescom_52_InvestmentStrategy">
			<link:definition>5210004 - Disclosure - ProShares Ultra Silver K-1 Free ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/InvestmentRisks" id="wwwProSharescom_52_InvestmentRisks">
			<link:definition>5210005 - Disclosure - ProShares Ultra Silver K-1 Free ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/PerformanceManagement" id="wwwProSharescom_52_PerformanceManagement">
			<link:definition>5210006 - Disclosure - ProShares Ultra Silver K-1 Free ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/ShareholderFeesData" id="wwwProSharescom_52_ShareholderFeesData">
			<link:definition>5220010 - Disclosure - ProShares Ultra Silver K-1 Free ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/OperatingExpensesData" id="wwwProSharescom_52_OperatingExpensesData">
			<link:definition>5220020 - Disclosure - ProShares Ultra Silver K-1 Free ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/ExpenseExample" id="wwwProSharescom_52_ExpenseExample">
			<link:definition>5220030 - Disclosure - ProShares Ultra Silver K-1 Free ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/ExpenseExampleNoRedemption" id="wwwProSharescom_52_ExpenseExampleNoRedemption">
			<link:definition>5220040 - Disclosure - ProShares Ultra Silver K-1 Free ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/RiskTableData" id="wwwProSharescom_52_RiskTableData">
			<link:definition>5220045 - Disclosure - ProShares Ultra Silver K-1 Free ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/BarChartData" id="wwwProSharescom_52_BarChartData">
			<link:definition>5220050 - Disclosure - ProShares Ultra Silver K-1 Free ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/PerformanceTableData" id="wwwProSharescom_52_PerformanceTableData">
			<link:definition>5220060 - Disclosure - ProShares Ultra Silver K-1 Free ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/MarketIndexPerformanceData" id="wwwProSharescom_52_MarketIndexPerformanceData">
			<link:definition>5220070 - Disclosure - ProShares Ultra Silver K-1 Free ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/N1aCover" id="wwwProSharescom_52_N1aCover">
			<link:definition>5210000 - Disclosure - ProShares Ultra Silver K-1 Free ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/52/role/N1aSupplement" id="wwwProSharescom_52_N1aSupplement">
			<link:definition>5210001 - Disclosure - ProShares Ultra Silver K-1 Free ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/RiskReturn" id="wwwProSharescom_53_RiskReturn">
			<link:definition>5310002 - Disclosure - ProShares Ultra SmallCap600 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/FeesAndExpenses" id="wwwProSharescom_53_FeesAndExpenses">
			<link:definition>5310003 - Disclosure - ProShares Ultra SmallCap600 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/InvestmentStrategy" id="wwwProSharescom_53_InvestmentStrategy">
			<link:definition>5310004 - Disclosure - ProShares Ultra SmallCap600 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/InvestmentRisks" id="wwwProSharescom_53_InvestmentRisks">
			<link:definition>5310005 - Disclosure - ProShares Ultra SmallCap600 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/PerformanceManagement" id="wwwProSharescom_53_PerformanceManagement">
			<link:definition>5310006 - Disclosure - ProShares Ultra SmallCap600 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/ShareholderFeesData" id="wwwProSharescom_53_ShareholderFeesData">
			<link:definition>5320010 - Disclosure - ProShares Ultra SmallCap600 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/OperatingExpensesData" id="wwwProSharescom_53_OperatingExpensesData">
			<link:definition>5320020 - Disclosure - ProShares Ultra SmallCap600 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/ExpenseExample" id="wwwProSharescom_53_ExpenseExample">
			<link:definition>5320030 - Disclosure - ProShares Ultra SmallCap600 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/ExpenseExampleNoRedemption" id="wwwProSharescom_53_ExpenseExampleNoRedemption">
			<link:definition>5320040 - Disclosure - ProShares Ultra SmallCap600 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/RiskTableData" id="wwwProSharescom_53_RiskTableData">
			<link:definition>5320045 - Disclosure - ProShares Ultra SmallCap600 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/BarChartData" id="wwwProSharescom_53_BarChartData">
			<link:definition>5320050 - Disclosure - ProShares Ultra SmallCap600 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/PerformanceTableData" id="wwwProSharescom_53_PerformanceTableData">
			<link:definition>5320060 - Disclosure - ProShares Ultra SmallCap600 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/MarketIndexPerformanceData" id="wwwProSharescom_53_MarketIndexPerformanceData">
			<link:definition>5320070 - Disclosure - ProShares Ultra SmallCap600 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/N1aCover" id="wwwProSharescom_53_N1aCover">
			<link:definition>5310000 - Disclosure - ProShares Ultra SmallCap600 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/53/role/N1aSupplement" id="wwwProSharescom_53_N1aSupplement">
			<link:definition>5310001 - Disclosure - ProShares Ultra SmallCap600 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/RiskReturn" id="wwwProSharescom_54_RiskReturn">
			<link:definition>5410002 - Disclosure - ProShares Ultra Technology Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/FeesAndExpenses" id="wwwProSharescom_54_FeesAndExpenses">
			<link:definition>5410003 - Disclosure - ProShares Ultra Technology Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/InvestmentStrategy" id="wwwProSharescom_54_InvestmentStrategy">
			<link:definition>5410004 - Disclosure - ProShares Ultra Technology Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/InvestmentRisks" id="wwwProSharescom_54_InvestmentRisks">
			<link:definition>5410005 - Disclosure - ProShares Ultra Technology Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/PerformanceManagement" id="wwwProSharescom_54_PerformanceManagement">
			<link:definition>5410006 - Disclosure - ProShares Ultra Technology Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/ShareholderFeesData" id="wwwProSharescom_54_ShareholderFeesData">
			<link:definition>5420010 - Disclosure - ProShares Ultra Technology Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/OperatingExpensesData" id="wwwProSharescom_54_OperatingExpensesData">
			<link:definition>5420020 - Disclosure - ProShares Ultra Technology Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/ExpenseExample" id="wwwProSharescom_54_ExpenseExample">
			<link:definition>5420030 - Disclosure - ProShares Ultra Technology Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/ExpenseExampleNoRedemption" id="wwwProSharescom_54_ExpenseExampleNoRedemption">
			<link:definition>5420040 - Disclosure - ProShares Ultra Technology Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/RiskTableData" id="wwwProSharescom_54_RiskTableData">
			<link:definition>5420045 - Disclosure - ProShares Ultra Technology Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/BarChartData" id="wwwProSharescom_54_BarChartData">
			<link:definition>5420050 - Disclosure - ProShares Ultra Technology Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/PerformanceTableData" id="wwwProSharescom_54_PerformanceTableData">
			<link:definition>5420060 - Disclosure - ProShares Ultra Technology Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/MarketIndexPerformanceData" id="wwwProSharescom_54_MarketIndexPerformanceData">
			<link:definition>5420070 - Disclosure - ProShares Ultra Technology Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/N1aCover" id="wwwProSharescom_54_N1aCover">
			<link:definition>5410000 - Disclosure - ProShares Ultra Technology N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/54/role/N1aSupplement" id="wwwProSharescom_54_N1aSupplement">
			<link:definition>5410001 - Disclosure - ProShares Ultra Technology N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/RiskReturn" id="wwwProSharescom_55_RiskReturn">
			<link:definition>5510002 - Disclosure - ProShares Ultra Utilities Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/FeesAndExpenses" id="wwwProSharescom_55_FeesAndExpenses">
			<link:definition>5510003 - Disclosure - ProShares Ultra Utilities Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/InvestmentStrategy" id="wwwProSharescom_55_InvestmentStrategy">
			<link:definition>5510004 - Disclosure - ProShares Ultra Utilities Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/InvestmentRisks" id="wwwProSharescom_55_InvestmentRisks">
			<link:definition>5510005 - Disclosure - ProShares Ultra Utilities Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/PerformanceManagement" id="wwwProSharescom_55_PerformanceManagement">
			<link:definition>5510006 - Disclosure - ProShares Ultra Utilities Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/ShareholderFeesData" id="wwwProSharescom_55_ShareholderFeesData">
			<link:definition>5520010 - Disclosure - ProShares Ultra Utilities Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/OperatingExpensesData" id="wwwProSharescom_55_OperatingExpensesData">
			<link:definition>5520020 - Disclosure - ProShares Ultra Utilities Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/ExpenseExample" id="wwwProSharescom_55_ExpenseExample">
			<link:definition>5520030 - Disclosure - ProShares Ultra Utilities Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/ExpenseExampleNoRedemption" id="wwwProSharescom_55_ExpenseExampleNoRedemption">
			<link:definition>5520040 - Disclosure - ProShares Ultra Utilities Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/RiskTableData" id="wwwProSharescom_55_RiskTableData">
			<link:definition>5520045 - Disclosure - ProShares Ultra Utilities Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/BarChartData" id="wwwProSharescom_55_BarChartData">
			<link:definition>5520050 - Disclosure - ProShares Ultra Utilities Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/PerformanceTableData" id="wwwProSharescom_55_PerformanceTableData">
			<link:definition>5520060 - Disclosure - ProShares Ultra Utilities Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/MarketIndexPerformanceData" id="wwwProSharescom_55_MarketIndexPerformanceData">
			<link:definition>5520070 - Disclosure - ProShares Ultra Utilities Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/N1aCover" id="wwwProSharescom_55_N1aCover">
			<link:definition>5510000 - Disclosure - ProShares Ultra Utilities N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/55/role/N1aSupplement" id="wwwProSharescom_55_N1aSupplement">
			<link:definition>5510001 - Disclosure - ProShares Ultra Utilities N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/RiskReturn" id="wwwProSharescom_56_RiskReturn">
			<link:definition>5610002 - Disclosure - ProShares UltraPro Dow30 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/FeesAndExpenses" id="wwwProSharescom_56_FeesAndExpenses">
			<link:definition>5610003 - Disclosure - ProShares UltraPro Dow30 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/InvestmentStrategy" id="wwwProSharescom_56_InvestmentStrategy">
			<link:definition>5610004 - Disclosure - ProShares UltraPro Dow30 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/InvestmentRisks" id="wwwProSharescom_56_InvestmentRisks">
			<link:definition>5610005 - Disclosure - ProShares UltraPro Dow30 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/PerformanceManagement" id="wwwProSharescom_56_PerformanceManagement">
			<link:definition>5610006 - Disclosure - ProShares UltraPro Dow30 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/ShareholderFeesData" id="wwwProSharescom_56_ShareholderFeesData">
			<link:definition>5620010 - Disclosure - ProShares UltraPro Dow30 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/OperatingExpensesData" id="wwwProSharescom_56_OperatingExpensesData">
			<link:definition>5620020 - Disclosure - ProShares UltraPro Dow30 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/ExpenseExample" id="wwwProSharescom_56_ExpenseExample">
			<link:definition>5620030 - Disclosure - ProShares UltraPro Dow30 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/ExpenseExampleNoRedemption" id="wwwProSharescom_56_ExpenseExampleNoRedemption">
			<link:definition>5620040 - Disclosure - ProShares UltraPro Dow30 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/RiskTableData" id="wwwProSharescom_56_RiskTableData">
			<link:definition>5620045 - Disclosure - ProShares UltraPro Dow30 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/BarChartData" id="wwwProSharescom_56_BarChartData">
			<link:definition>5620050 - Disclosure - ProShares UltraPro Dow30 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/PerformanceTableData" id="wwwProSharescom_56_PerformanceTableData">
			<link:definition>5620060 - Disclosure - ProShares UltraPro Dow30 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/MarketIndexPerformanceData" id="wwwProSharescom_56_MarketIndexPerformanceData">
			<link:definition>5620070 - Disclosure - ProShares UltraPro Dow30 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/N1aCover" id="wwwProSharescom_56_N1aCover">
			<link:definition>5610000 - Disclosure - ProShares UltraPro Dow30 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/56/role/N1aSupplement" id="wwwProSharescom_56_N1aSupplement">
			<link:definition>5610001 - Disclosure - ProShares UltraPro Dow30 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/RiskReturn" id="wwwProSharescom_57_RiskReturn">
			<link:definition>5710002 - Disclosure - ProShares UltraPro MidCap400 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/FeesAndExpenses" id="wwwProSharescom_57_FeesAndExpenses">
			<link:definition>5710003 - Disclosure - ProShares UltraPro MidCap400 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/InvestmentStrategy" id="wwwProSharescom_57_InvestmentStrategy">
			<link:definition>5710004 - Disclosure - ProShares UltraPro MidCap400 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/InvestmentRisks" id="wwwProSharescom_57_InvestmentRisks">
			<link:definition>5710005 - Disclosure - ProShares UltraPro MidCap400 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/PerformanceManagement" id="wwwProSharescom_57_PerformanceManagement">
			<link:definition>5710006 - Disclosure - ProShares UltraPro MidCap400 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/ShareholderFeesData" id="wwwProSharescom_57_ShareholderFeesData">
			<link:definition>5720010 - Disclosure - ProShares UltraPro MidCap400 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/OperatingExpensesData" id="wwwProSharescom_57_OperatingExpensesData">
			<link:definition>5720020 - Disclosure - ProShares UltraPro MidCap400 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/ExpenseExample" id="wwwProSharescom_57_ExpenseExample">
			<link:definition>5720030 - Disclosure - ProShares UltraPro MidCap400 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/ExpenseExampleNoRedemption" id="wwwProSharescom_57_ExpenseExampleNoRedemption">
			<link:definition>5720040 - Disclosure - ProShares UltraPro MidCap400 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/RiskTableData" id="wwwProSharescom_57_RiskTableData">
			<link:definition>5720045 - Disclosure - ProShares UltraPro MidCap400 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/BarChartData" id="wwwProSharescom_57_BarChartData">
			<link:definition>5720050 - Disclosure - ProShares UltraPro MidCap400 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/PerformanceTableData" id="wwwProSharescom_57_PerformanceTableData">
			<link:definition>5720060 - Disclosure - ProShares UltraPro MidCap400 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/MarketIndexPerformanceData" id="wwwProSharescom_57_MarketIndexPerformanceData">
			<link:definition>5720070 - Disclosure - ProShares UltraPro MidCap400 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/N1aCover" id="wwwProSharescom_57_N1aCover">
			<link:definition>5710000 - Disclosure - ProShares UltraPro MidCap400 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/57/role/N1aSupplement" id="wwwProSharescom_57_N1aSupplement">
			<link:definition>5710001 - Disclosure - ProShares UltraPro MidCap400 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/RiskReturn" id="wwwProSharescom_58_RiskReturn">
			<link:definition>5810002 - Disclosure - ProShares UltraPro QQQ Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/FeesAndExpenses" id="wwwProSharescom_58_FeesAndExpenses">
			<link:definition>5810003 - Disclosure - ProShares UltraPro QQQ Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/InvestmentStrategy" id="wwwProSharescom_58_InvestmentStrategy">
			<link:definition>5810004 - Disclosure - ProShares UltraPro QQQ Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/InvestmentRisks" id="wwwProSharescom_58_InvestmentRisks">
			<link:definition>5810005 - Disclosure - ProShares UltraPro QQQ Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/PerformanceManagement" id="wwwProSharescom_58_PerformanceManagement">
			<link:definition>5810006 - Disclosure - ProShares UltraPro QQQ Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/ShareholderFeesData" id="wwwProSharescom_58_ShareholderFeesData">
			<link:definition>5820010 - Disclosure - ProShares UltraPro QQQ Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/OperatingExpensesData" id="wwwProSharescom_58_OperatingExpensesData">
			<link:definition>5820020 - Disclosure - ProShares UltraPro QQQ Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/ExpenseExample" id="wwwProSharescom_58_ExpenseExample">
			<link:definition>5820030 - Disclosure - ProShares UltraPro QQQ Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/ExpenseExampleNoRedemption" id="wwwProSharescom_58_ExpenseExampleNoRedemption">
			<link:definition>5820040 - Disclosure - ProShares UltraPro QQQ Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/RiskTableData" id="wwwProSharescom_58_RiskTableData">
			<link:definition>5820045 - Disclosure - ProShares UltraPro QQQ Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/BarChartData" id="wwwProSharescom_58_BarChartData">
			<link:definition>5820050 - Disclosure - ProShares UltraPro QQQ Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/PerformanceTableData" id="wwwProSharescom_58_PerformanceTableData">
			<link:definition>5820060 - Disclosure - ProShares UltraPro QQQ Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/MarketIndexPerformanceData" id="wwwProSharescom_58_MarketIndexPerformanceData">
			<link:definition>5820070 - Disclosure - ProShares UltraPro QQQ Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/N1aCover" id="wwwProSharescom_58_N1aCover">
			<link:definition>5810000 - Disclosure - ProShares UltraPro QQQ N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/58/role/N1aSupplement" id="wwwProSharescom_58_N1aSupplement">
			<link:definition>5810001 - Disclosure - ProShares UltraPro QQQ N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/RiskReturn" id="wwwProSharescom_59_RiskReturn">
			<link:definition>5910002 - Disclosure - ProShares UltraPro Russell2000 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/FeesAndExpenses" id="wwwProSharescom_59_FeesAndExpenses">
			<link:definition>5910003 - Disclosure - ProShares UltraPro Russell2000 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/InvestmentStrategy" id="wwwProSharescom_59_InvestmentStrategy">
			<link:definition>5910004 - Disclosure - ProShares UltraPro Russell2000 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/InvestmentRisks" id="wwwProSharescom_59_InvestmentRisks">
			<link:definition>5910005 - Disclosure - ProShares UltraPro Russell2000 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/PerformanceManagement" id="wwwProSharescom_59_PerformanceManagement">
			<link:definition>5910006 - Disclosure - ProShares UltraPro Russell2000 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/ShareholderFeesData" id="wwwProSharescom_59_ShareholderFeesData">
			<link:definition>5920010 - Disclosure - ProShares UltraPro Russell2000 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/OperatingExpensesData" id="wwwProSharescom_59_OperatingExpensesData">
			<link:definition>5920020 - Disclosure - ProShares UltraPro Russell2000 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/ExpenseExample" id="wwwProSharescom_59_ExpenseExample">
			<link:definition>5920030 - Disclosure - ProShares UltraPro Russell2000 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/ExpenseExampleNoRedemption" id="wwwProSharescom_59_ExpenseExampleNoRedemption">
			<link:definition>5920040 - Disclosure - ProShares UltraPro Russell2000 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/RiskTableData" id="wwwProSharescom_59_RiskTableData">
			<link:definition>5920045 - Disclosure - ProShares UltraPro Russell2000 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/BarChartData" id="wwwProSharescom_59_BarChartData">
			<link:definition>5920050 - Disclosure - ProShares UltraPro Russell2000 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/PerformanceTableData" id="wwwProSharescom_59_PerformanceTableData">
			<link:definition>5920060 - Disclosure - ProShares UltraPro Russell2000 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/MarketIndexPerformanceData" id="wwwProSharescom_59_MarketIndexPerformanceData">
			<link:definition>5920070 - Disclosure - ProShares UltraPro Russell2000 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/N1aCover" id="wwwProSharescom_59_N1aCover">
			<link:definition>5910000 - Disclosure - ProShares UltraPro Russell2000 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/59/role/N1aSupplement" id="wwwProSharescom_59_N1aSupplement">
			<link:definition>5910001 - Disclosure - ProShares UltraPro Russell2000 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/RiskReturn" id="wwwProSharescom_60_RiskReturn">
			<link:definition>6010002 - Disclosure - ProShares UltraPro S and P 500 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/FeesAndExpenses" id="wwwProSharescom_60_FeesAndExpenses">
			<link:definition>6010003 - Disclosure - ProShares UltraPro S and P 500 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/InvestmentStrategy" id="wwwProSharescom_60_InvestmentStrategy">
			<link:definition>6010004 - Disclosure - ProShares UltraPro S and P 500 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/InvestmentRisks" id="wwwProSharescom_60_InvestmentRisks">
			<link:definition>6010005 - Disclosure - ProShares UltraPro S and P 500 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/PerformanceManagement" id="wwwProSharescom_60_PerformanceManagement">
			<link:definition>6010006 - Disclosure - ProShares UltraPro S and P 500 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/ShareholderFeesData" id="wwwProSharescom_60_ShareholderFeesData">
			<link:definition>6020010 - Disclosure - ProShares UltraPro S and P 500 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/OperatingExpensesData" id="wwwProSharescom_60_OperatingExpensesData">
			<link:definition>6020020 - Disclosure - ProShares UltraPro S and P 500 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/ExpenseExample" id="wwwProSharescom_60_ExpenseExample">
			<link:definition>6020030 - Disclosure - ProShares UltraPro S and P 500 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/ExpenseExampleNoRedemption" id="wwwProSharescom_60_ExpenseExampleNoRedemption">
			<link:definition>6020040 - Disclosure - ProShares UltraPro S and P 500 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/RiskTableData" id="wwwProSharescom_60_RiskTableData">
			<link:definition>6020045 - Disclosure - ProShares UltraPro S and P 500 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/BarChartData" id="wwwProSharescom_60_BarChartData">
			<link:definition>6020050 - Disclosure - ProShares UltraPro S and P 500 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/PerformanceTableData" id="wwwProSharescom_60_PerformanceTableData">
			<link:definition>6020060 - Disclosure - ProShares UltraPro S and P 500 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/MarketIndexPerformanceData" id="wwwProSharescom_60_MarketIndexPerformanceData">
			<link:definition>6020070 - Disclosure - ProShares UltraPro S and P 500 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/N1aCover" id="wwwProSharescom_60_N1aCover">
			<link:definition>6010000 - Disclosure - ProShares UltraPro S and P 500 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/60/role/N1aSupplement" id="wwwProSharescom_60_N1aSupplement">
			<link:definition>6010001 - Disclosure - ProShares UltraPro S and P 500 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/RiskReturn" id="wwwProSharescom_61_RiskReturn">
			<link:definition>6110002 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/FeesAndExpenses" id="wwwProSharescom_61_FeesAndExpenses">
			<link:definition>6110003 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/InvestmentStrategy" id="wwwProSharescom_61_InvestmentStrategy">
			<link:definition>6110004 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/InvestmentRisks" id="wwwProSharescom_61_InvestmentRisks">
			<link:definition>6110005 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/PerformanceManagement" id="wwwProSharescom_61_PerformanceManagement">
			<link:definition>6110006 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/ShareholderFeesData" id="wwwProSharescom_61_ShareholderFeesData">
			<link:definition>6120010 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/OperatingExpensesData" id="wwwProSharescom_61_OperatingExpensesData">
			<link:definition>6120020 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/ExpenseExample" id="wwwProSharescom_61_ExpenseExample">
			<link:definition>6120030 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/ExpenseExampleNoRedemption" id="wwwProSharescom_61_ExpenseExampleNoRedemption">
			<link:definition>6120040 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/RiskTableData" id="wwwProSharescom_61_RiskTableData">
			<link:definition>6120045 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/BarChartData" id="wwwProSharescom_61_BarChartData">
			<link:definition>6120050 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/PerformanceTableData" id="wwwProSharescom_61_PerformanceTableData">
			<link:definition>6120060 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/MarketIndexPerformanceData" id="wwwProSharescom_61_MarketIndexPerformanceData">
			<link:definition>6120070 - Disclosure - ProShares UltraPro Short 20plus Year Treasury Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/N1aCover" id="wwwProSharescom_61_N1aCover">
			<link:definition>6110000 - Disclosure - ProShares UltraPro Short 20plus Year Treasury N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/61/role/N1aSupplement" id="wwwProSharescom_61_N1aSupplement">
			<link:definition>6110001 - Disclosure - ProShares UltraPro Short 20plus Year Treasury N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/RiskReturn" id="wwwProSharescom_62_RiskReturn">
			<link:definition>6210002 - Disclosure - ProShares UltraPro Short Dow30 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/FeesAndExpenses" id="wwwProSharescom_62_FeesAndExpenses">
			<link:definition>6210003 - Disclosure - ProShares UltraPro Short Dow30 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/InvestmentStrategy" id="wwwProSharescom_62_InvestmentStrategy">
			<link:definition>6210004 - Disclosure - ProShares UltraPro Short Dow30 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/InvestmentRisks" id="wwwProSharescom_62_InvestmentRisks">
			<link:definition>6210005 - Disclosure - ProShares UltraPro Short Dow30 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/PerformanceManagement" id="wwwProSharescom_62_PerformanceManagement">
			<link:definition>6210006 - Disclosure - ProShares UltraPro Short Dow30 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/ShareholderFeesData" id="wwwProSharescom_62_ShareholderFeesData">
			<link:definition>6220010 - Disclosure - ProShares UltraPro Short Dow30 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/OperatingExpensesData" id="wwwProSharescom_62_OperatingExpensesData">
			<link:definition>6220020 - Disclosure - ProShares UltraPro Short Dow30 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/ExpenseExample" id="wwwProSharescom_62_ExpenseExample">
			<link:definition>6220030 - Disclosure - ProShares UltraPro Short Dow30 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/ExpenseExampleNoRedemption" id="wwwProSharescom_62_ExpenseExampleNoRedemption">
			<link:definition>6220040 - Disclosure - ProShares UltraPro Short Dow30 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/RiskTableData" id="wwwProSharescom_62_RiskTableData">
			<link:definition>6220045 - Disclosure - ProShares UltraPro Short Dow30 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/BarChartData" id="wwwProSharescom_62_BarChartData">
			<link:definition>6220050 - Disclosure - ProShares UltraPro Short Dow30 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/PerformanceTableData" id="wwwProSharescom_62_PerformanceTableData">
			<link:definition>6220060 - Disclosure - ProShares UltraPro Short Dow30 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/MarketIndexPerformanceData" id="wwwProSharescom_62_MarketIndexPerformanceData">
			<link:definition>6220070 - Disclosure - ProShares UltraPro Short Dow30 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/62/role/N1aCover" id="wwwProSharescom_62_N1aCover">
			<link:definition>6210000 - Disclosure - ProShares UltraPro Short Dow30 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/62/role/N1aSupplement" id="wwwProSharescom_62_N1aSupplement">
			<link:definition>6210001 - Disclosure - ProShares UltraPro Short Dow30 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/RiskReturn" id="wwwProSharescom_63_RiskReturn">
			<link:definition>6310002 - Disclosure - ProShares UltraPro Short MidCap400 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/FeesAndExpenses" id="wwwProSharescom_63_FeesAndExpenses">
			<link:definition>6310003 - Disclosure - ProShares UltraPro Short MidCap400 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/InvestmentStrategy" id="wwwProSharescom_63_InvestmentStrategy">
			<link:definition>6310004 - Disclosure - ProShares UltraPro Short MidCap400 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/InvestmentRisks" id="wwwProSharescom_63_InvestmentRisks">
			<link:definition>6310005 - Disclosure - ProShares UltraPro Short MidCap400 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/PerformanceManagement" id="wwwProSharescom_63_PerformanceManagement">
			<link:definition>6310006 - Disclosure - ProShares UltraPro Short MidCap400 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/ShareholderFeesData" id="wwwProSharescom_63_ShareholderFeesData">
			<link:definition>6320010 - Disclosure - ProShares UltraPro Short MidCap400 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/OperatingExpensesData" id="wwwProSharescom_63_OperatingExpensesData">
			<link:definition>6320020 - Disclosure - ProShares UltraPro Short MidCap400 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/ExpenseExample" id="wwwProSharescom_63_ExpenseExample">
			<link:definition>6320030 - Disclosure - ProShares UltraPro Short MidCap400 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/ExpenseExampleNoRedemption" id="wwwProSharescom_63_ExpenseExampleNoRedemption">
			<link:definition>6320040 - Disclosure - ProShares UltraPro Short MidCap400 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/RiskTableData" id="wwwProSharescom_63_RiskTableData">
			<link:definition>6320045 - Disclosure - ProShares UltraPro Short MidCap400 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/BarChartData" id="wwwProSharescom_63_BarChartData">
			<link:definition>6320050 - Disclosure - ProShares UltraPro Short MidCap400 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/PerformanceTableData" id="wwwProSharescom_63_PerformanceTableData">
			<link:definition>6320060 - Disclosure - ProShares UltraPro Short MidCap400 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/MarketIndexPerformanceData" id="wwwProSharescom_63_MarketIndexPerformanceData">
			<link:definition>6320070 - Disclosure - ProShares UltraPro Short MidCap400 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/N1aCover" id="wwwProSharescom_63_N1aCover">
			<link:definition>6310000 - Disclosure - ProShares UltraPro Short MidCap400 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/63/role/N1aSupplement" id="wwwProSharescom_63_N1aSupplement">
			<link:definition>6310001 - Disclosure - ProShares UltraPro Short MidCap400 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/RiskReturn" id="wwwProSharescom_64_RiskReturn">
			<link:definition>6410002 - Disclosure - ProShares UltraPro Short QQQ Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/FeesAndExpenses" id="wwwProSharescom_64_FeesAndExpenses">
			<link:definition>6410003 - Disclosure - ProShares UltraPro Short QQQ Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/InvestmentStrategy" id="wwwProSharescom_64_InvestmentStrategy">
			<link:definition>6410004 - Disclosure - ProShares UltraPro Short QQQ Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/InvestmentRisks" id="wwwProSharescom_64_InvestmentRisks">
			<link:definition>6410005 - Disclosure - ProShares UltraPro Short QQQ Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/PerformanceManagement" id="wwwProSharescom_64_PerformanceManagement">
			<link:definition>6410006 - Disclosure - ProShares UltraPro Short QQQ Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/ShareholderFeesData" id="wwwProSharescom_64_ShareholderFeesData">
			<link:definition>6420010 - Disclosure - ProShares UltraPro Short QQQ Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/OperatingExpensesData" id="wwwProSharescom_64_OperatingExpensesData">
			<link:definition>6420020 - Disclosure - ProShares UltraPro Short QQQ Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/ExpenseExample" id="wwwProSharescom_64_ExpenseExample">
			<link:definition>6420030 - Disclosure - ProShares UltraPro Short QQQ Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/ExpenseExampleNoRedemption" id="wwwProSharescom_64_ExpenseExampleNoRedemption">
			<link:definition>6420040 - Disclosure - ProShares UltraPro Short QQQ Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/RiskTableData" id="wwwProSharescom_64_RiskTableData">
			<link:definition>6420045 - Disclosure - ProShares UltraPro Short QQQ Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/BarChartData" id="wwwProSharescom_64_BarChartData">
			<link:definition>6420050 - Disclosure - ProShares UltraPro Short QQQ Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/PerformanceTableData" id="wwwProSharescom_64_PerformanceTableData">
			<link:definition>6420060 - Disclosure - ProShares UltraPro Short QQQ Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/64/role/MarketIndexPerformanceData" id="wwwProSharescom_64_MarketIndexPerformanceData">
			<link:definition>6420070 - Disclosure - ProShares UltraPro Short QQQ Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/64/role/N1aCover" id="wwwProSharescom_64_N1aCover">
			<link:definition>6410000 - Disclosure - ProShares UltraPro Short QQQ N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/64/role/N1aSupplement" id="wwwProSharescom_64_N1aSupplement">
			<link:definition>6410001 - Disclosure - ProShares UltraPro Short QQQ N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/65/role/RiskReturn" id="wwwProSharescom_65_RiskReturn">
			<link:definition>6510002 - Disclosure - ProShares UltraPro Short Russell2000 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/65/role/FeesAndExpenses" id="wwwProSharescom_65_FeesAndExpenses">
			<link:definition>6510003 - Disclosure - ProShares UltraPro Short Russell2000 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/65/role/InvestmentStrategy" id="wwwProSharescom_65_InvestmentStrategy">
			<link:definition>6510004 - Disclosure - ProShares UltraPro Short Russell2000 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/65/role/InvestmentRisks" id="wwwProSharescom_65_InvestmentRisks">
			<link:definition>6510005 - Disclosure - ProShares UltraPro Short Russell2000 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/65/role/PerformanceManagement" id="wwwProSharescom_65_PerformanceManagement">
			<link:definition>6510006 - Disclosure - ProShares UltraPro Short Russell2000 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/65/role/ShareholderFeesData" id="wwwProSharescom_65_ShareholderFeesData">
			<link:definition>6520010 - Disclosure - ProShares UltraPro Short Russell2000 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/65/role/OperatingExpensesData" id="wwwProSharescom_65_OperatingExpensesData">
			<link:definition>6520020 - Disclosure - ProShares UltraPro Short Russell2000 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/65/role/ExpenseExample" id="wwwProSharescom_65_ExpenseExample">
			<link:definition>6520030 - Disclosure - ProShares UltraPro Short Russell2000 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/65/role/ExpenseExampleNoRedemption" id="wwwProSharescom_65_ExpenseExampleNoRedemption">
			<link:definition>6520040 - Disclosure - ProShares UltraPro Short Russell2000 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/65/role/RiskTableData" id="wwwProSharescom_65_RiskTableData">
			<link:definition>6520045 - Disclosure - ProShares UltraPro Short Russell2000 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/65/role/BarChartData" id="wwwProSharescom_65_BarChartData">
			<link:definition>6520050 - Disclosure - ProShares UltraPro Short Russell2000 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/65/role/PerformanceTableData" id="wwwProSharescom_65_PerformanceTableData">
			<link:definition>6520060 - Disclosure - ProShares UltraPro Short Russell2000 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/65/role/MarketIndexPerformanceData" id="wwwProSharescom_65_MarketIndexPerformanceData">
			<link:definition>6520070 - Disclosure - ProShares UltraPro Short Russell2000 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/65/role/N1aCover" id="wwwProSharescom_65_N1aCover">
			<link:definition>6510000 - Disclosure - ProShares UltraPro Short Russell2000 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/65/role/N1aSupplement" id="wwwProSharescom_65_N1aSupplement">
			<link:definition>6510001 - Disclosure - ProShares UltraPro Short Russell2000 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/RiskReturn" id="wwwProSharescom_66_RiskReturn">
			<link:definition>6610002 - Disclosure - ProShares UltraPro Short S and P 500 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/FeesAndExpenses" id="wwwProSharescom_66_FeesAndExpenses">
			<link:definition>6610003 - Disclosure - ProShares UltraPro Short S and P 500 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/InvestmentStrategy" id="wwwProSharescom_66_InvestmentStrategy">
			<link:definition>6610004 - Disclosure - ProShares UltraPro Short S and P 500 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/InvestmentRisks" id="wwwProSharescom_66_InvestmentRisks">
			<link:definition>6610005 - Disclosure - ProShares UltraPro Short S and P 500 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/PerformanceManagement" id="wwwProSharescom_66_PerformanceManagement">
			<link:definition>6610006 - Disclosure - ProShares UltraPro Short S and P 500 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/ShareholderFeesData" id="wwwProSharescom_66_ShareholderFeesData">
			<link:definition>6620010 - Disclosure - ProShares UltraPro Short S and P 500 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/OperatingExpensesData" id="wwwProSharescom_66_OperatingExpensesData">
			<link:definition>6620020 - Disclosure - ProShares UltraPro Short S and P 500 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/ExpenseExample" id="wwwProSharescom_66_ExpenseExample">
			<link:definition>6620030 - Disclosure - ProShares UltraPro Short S and P 500 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/ExpenseExampleNoRedemption" id="wwwProSharescom_66_ExpenseExampleNoRedemption">
			<link:definition>6620040 - Disclosure - ProShares UltraPro Short S and P 500 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/RiskTableData" id="wwwProSharescom_66_RiskTableData">
			<link:definition>6620045 - Disclosure - ProShares UltraPro Short S and P 500 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/BarChartData" id="wwwProSharescom_66_BarChartData">
			<link:definition>6620050 - Disclosure - ProShares UltraPro Short S and P 500 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/PerformanceTableData" id="wwwProSharescom_66_PerformanceTableData">
			<link:definition>6620060 - Disclosure - ProShares UltraPro Short S and P 500 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/MarketIndexPerformanceData" id="wwwProSharescom_66_MarketIndexPerformanceData">
			<link:definition>6620070 - Disclosure - ProShares UltraPro Short S and P 500 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/N1aCover" id="wwwProSharescom_66_N1aCover">
			<link:definition>6610000 - Disclosure - ProShares UltraPro Short S and P 500 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/66/role/N1aSupplement" id="wwwProSharescom_66_N1aSupplement">
			<link:definition>6610001 - Disclosure - ProShares UltraPro Short S and P 500 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/RiskReturn" id="wwwProSharescom_67_RiskReturn">
			<link:definition>6710002 - Disclosure - ProShares UltraShort 7-10 Year Treasury Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/FeesAndExpenses" id="wwwProSharescom_67_FeesAndExpenses">
			<link:definition>6710003 - Disclosure - ProShares UltraShort 7-10 Year Treasury Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/InvestmentStrategy" id="wwwProSharescom_67_InvestmentStrategy">
			<link:definition>6710004 - Disclosure - ProShares UltraShort 7-10 Year Treasury Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/InvestmentRisks" id="wwwProSharescom_67_InvestmentRisks">
			<link:definition>6710005 - Disclosure - ProShares UltraShort 7-10 Year Treasury Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/PerformanceManagement" id="wwwProSharescom_67_PerformanceManagement">
			<link:definition>6710006 - Disclosure - ProShares UltraShort 7-10 Year Treasury Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/ShareholderFeesData" id="wwwProSharescom_67_ShareholderFeesData">
			<link:definition>6720010 - Disclosure - ProShares UltraShort 7-10 Year Treasury Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/OperatingExpensesData" id="wwwProSharescom_67_OperatingExpensesData">
			<link:definition>6720020 - Disclosure - ProShares UltraShort 7-10 Year Treasury Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/ExpenseExample" id="wwwProSharescom_67_ExpenseExample">
			<link:definition>6720030 - Disclosure - ProShares UltraShort 7-10 Year Treasury Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/ExpenseExampleNoRedemption" id="wwwProSharescom_67_ExpenseExampleNoRedemption">
			<link:definition>6720040 - Disclosure - ProShares UltraShort 7-10 Year Treasury Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/RiskTableData" id="wwwProSharescom_67_RiskTableData">
			<link:definition>6720045 - Disclosure - ProShares UltraShort 7-10 Year Treasury Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/BarChartData" id="wwwProSharescom_67_BarChartData">
			<link:definition>6720050 - Disclosure - ProShares UltraShort 7-10 Year Treasury Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/PerformanceTableData" id="wwwProSharescom_67_PerformanceTableData">
			<link:definition>6720060 - Disclosure - ProShares UltraShort 7-10 Year Treasury Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/MarketIndexPerformanceData" id="wwwProSharescom_67_MarketIndexPerformanceData">
			<link:definition>6720070 - Disclosure - ProShares UltraShort 7-10 Year Treasury Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/N1aCover" id="wwwProSharescom_67_N1aCover">
			<link:definition>6710000 - Disclosure - ProShares UltraShort 7-10 Year Treasury N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/67/role/N1aSupplement" id="wwwProSharescom_67_N1aSupplement">
			<link:definition>6710001 - Disclosure - ProShares UltraShort 7-10 Year Treasury N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/RiskReturn" id="wwwProSharescom_68_RiskReturn">
			<link:definition>6810002 - Disclosure - ProShares UltraShort 20plus Year Treasury Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/FeesAndExpenses" id="wwwProSharescom_68_FeesAndExpenses">
			<link:definition>6810003 - Disclosure - ProShares UltraShort 20plus Year Treasury Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/InvestmentStrategy" id="wwwProSharescom_68_InvestmentStrategy">
			<link:definition>6810004 - Disclosure - ProShares UltraShort 20plus Year Treasury Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/InvestmentRisks" id="wwwProSharescom_68_InvestmentRisks">
			<link:definition>6810005 - Disclosure - ProShares UltraShort 20plus Year Treasury Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/PerformanceManagement" id="wwwProSharescom_68_PerformanceManagement">
			<link:definition>6810006 - Disclosure - ProShares UltraShort 20plus Year Treasury Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/ShareholderFeesData" id="wwwProSharescom_68_ShareholderFeesData">
			<link:definition>6820010 - Disclosure - ProShares UltraShort 20plus Year Treasury Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/OperatingExpensesData" id="wwwProSharescom_68_OperatingExpensesData">
			<link:definition>6820020 - Disclosure - ProShares UltraShort 20plus Year Treasury Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/ExpenseExample" id="wwwProSharescom_68_ExpenseExample">
			<link:definition>6820030 - Disclosure - ProShares UltraShort 20plus Year Treasury Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/ExpenseExampleNoRedemption" id="wwwProSharescom_68_ExpenseExampleNoRedemption">
			<link:definition>6820040 - Disclosure - ProShares UltraShort 20plus Year Treasury Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/RiskTableData" id="wwwProSharescom_68_RiskTableData">
			<link:definition>6820045 - Disclosure - ProShares UltraShort 20plus Year Treasury Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/BarChartData" id="wwwProSharescom_68_BarChartData">
			<link:definition>6820050 - Disclosure - ProShares UltraShort 20plus Year Treasury Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/PerformanceTableData" id="wwwProSharescom_68_PerformanceTableData">
			<link:definition>6820060 - Disclosure - ProShares UltraShort 20plus Year Treasury Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/MarketIndexPerformanceData" id="wwwProSharescom_68_MarketIndexPerformanceData">
			<link:definition>6820070 - Disclosure - ProShares UltraShort 20plus Year Treasury Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/N1aCover" id="wwwProSharescom_68_N1aCover">
			<link:definition>6810000 - Disclosure - ProShares UltraShort 20plus Year Treasury N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/68/role/N1aSupplement" id="wwwProSharescom_68_N1aSupplement">
			<link:definition>6810001 - Disclosure - ProShares UltraShort 20plus Year Treasury N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/69/role/RiskReturn" id="wwwProSharescom_69_RiskReturn">
			<link:definition>6910002 - Disclosure - ProShares UltraShort Consumer Discretionary Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/69/role/FeesAndExpenses" id="wwwProSharescom_69_FeesAndExpenses">
			<link:definition>6910003 - Disclosure - ProShares UltraShort Consumer Discretionary Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/69/role/InvestmentStrategy" id="wwwProSharescom_69_InvestmentStrategy">
			<link:definition>6910004 - Disclosure - ProShares UltraShort Consumer Discretionary Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/69/role/InvestmentRisks" id="wwwProSharescom_69_InvestmentRisks">
			<link:definition>6910005 - Disclosure - ProShares UltraShort Consumer Discretionary Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/69/role/PerformanceManagement" id="wwwProSharescom_69_PerformanceManagement">
			<link:definition>6910006 - Disclosure - ProShares UltraShort Consumer Discretionary Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/69/role/ShareholderFeesData" id="wwwProSharescom_69_ShareholderFeesData">
			<link:definition>6920010 - Disclosure - ProShares UltraShort Consumer Discretionary Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/69/role/OperatingExpensesData" id="wwwProSharescom_69_OperatingExpensesData">
			<link:definition>6920020 - Disclosure - ProShares UltraShort Consumer Discretionary Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/69/role/ExpenseExample" id="wwwProSharescom_69_ExpenseExample">
			<link:definition>6920030 - Disclosure - ProShares UltraShort Consumer Discretionary Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/69/role/ExpenseExampleNoRedemption" id="wwwProSharescom_69_ExpenseExampleNoRedemption">
			<link:definition>6920040 - Disclosure - ProShares UltraShort Consumer Discretionary Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/69/role/RiskTableData" id="wwwProSharescom_69_RiskTableData">
			<link:definition>6920045 - Disclosure - ProShares UltraShort Consumer Discretionary Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/69/role/BarChartData" id="wwwProSharescom_69_BarChartData">
			<link:definition>6920050 - Disclosure - ProShares UltraShort Consumer Discretionary Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/69/role/PerformanceTableData" id="wwwProSharescom_69_PerformanceTableData">
			<link:definition>6920060 - Disclosure - ProShares UltraShort Consumer Discretionary Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/69/role/MarketIndexPerformanceData" id="wwwProSharescom_69_MarketIndexPerformanceData">
			<link:definition>6920070 - Disclosure - ProShares UltraShort Consumer Discretionary Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/69/role/N1aCover" id="wwwProSharescom_69_N1aCover">
			<link:definition>6910000 - Disclosure - ProShares UltraShort Consumer Discretionary N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/69/role/N1aSupplement" id="wwwProSharescom_69_N1aSupplement">
			<link:definition>6910001 - Disclosure - ProShares UltraShort Consumer Discretionary N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/70/role/RiskReturn" id="wwwProSharescom_70_RiskReturn">
			<link:definition>7010002 - Disclosure - ProShares UltraShort Consumer Staples Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/70/role/FeesAndExpenses" id="wwwProSharescom_70_FeesAndExpenses">
			<link:definition>7010003 - Disclosure - ProShares UltraShort Consumer Staples Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/70/role/InvestmentStrategy" id="wwwProSharescom_70_InvestmentStrategy">
			<link:definition>7010004 - Disclosure - ProShares UltraShort Consumer Staples Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/70/role/InvestmentRisks" id="wwwProSharescom_70_InvestmentRisks">
			<link:definition>7010005 - Disclosure - ProShares UltraShort Consumer Staples Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/70/role/PerformanceManagement" id="wwwProSharescom_70_PerformanceManagement">
			<link:definition>7010006 - Disclosure - ProShares UltraShort Consumer Staples Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/70/role/ShareholderFeesData" id="wwwProSharescom_70_ShareholderFeesData">
			<link:definition>7020010 - Disclosure - ProShares UltraShort Consumer Staples Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/70/role/OperatingExpensesData" id="wwwProSharescom_70_OperatingExpensesData">
			<link:definition>7020020 - Disclosure - ProShares UltraShort Consumer Staples Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/70/role/ExpenseExample" id="wwwProSharescom_70_ExpenseExample">
			<link:definition>7020030 - Disclosure - ProShares UltraShort Consumer Staples Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/70/role/ExpenseExampleNoRedemption" id="wwwProSharescom_70_ExpenseExampleNoRedemption">
			<link:definition>7020040 - Disclosure - ProShares UltraShort Consumer Staples Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/70/role/RiskTableData" id="wwwProSharescom_70_RiskTableData">
			<link:definition>7020045 - Disclosure - ProShares UltraShort Consumer Staples Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/70/role/BarChartData" id="wwwProSharescom_70_BarChartData">
			<link:definition>7020050 - Disclosure - ProShares UltraShort Consumer Staples Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/70/role/PerformanceTableData" id="wwwProSharescom_70_PerformanceTableData">
			<link:definition>7020060 - Disclosure - ProShares UltraShort Consumer Staples Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/70/role/MarketIndexPerformanceData" id="wwwProSharescom_70_MarketIndexPerformanceData">
			<link:definition>7020070 - Disclosure - ProShares UltraShort Consumer Staples Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/70/role/N1aCover" id="wwwProSharescom_70_N1aCover">
			<link:definition>7010000 - Disclosure - ProShares UltraShort Consumer Staples N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/70/role/N1aSupplement" id="wwwProSharescom_70_N1aSupplement">
			<link:definition>7010001 - Disclosure - ProShares UltraShort Consumer Staples N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/71/role/RiskReturn" id="wwwProSharescom_71_RiskReturn">
			<link:definition>7110002 - Disclosure - ProShares UltraShort Dow 30 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/FeesAndExpenses" id="wwwProSharescom_71_FeesAndExpenses">
			<link:definition>7110003 - Disclosure - ProShares UltraShort Dow 30 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/InvestmentStrategy" id="wwwProSharescom_71_InvestmentStrategy">
			<link:definition>7110004 - Disclosure - ProShares UltraShort Dow 30 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/71/role/InvestmentRisks" id="wwwProSharescom_71_InvestmentRisks">
			<link:definition>7110005 - Disclosure - ProShares UltraShort Dow 30 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/PerformanceManagement" id="wwwProSharescom_71_PerformanceManagement">
			<link:definition>7110006 - Disclosure - ProShares UltraShort Dow 30 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/ShareholderFeesData" id="wwwProSharescom_71_ShareholderFeesData">
			<link:definition>7120010 - Disclosure - ProShares UltraShort Dow 30 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/OperatingExpensesData" id="wwwProSharescom_71_OperatingExpensesData">
			<link:definition>7120020 - Disclosure - ProShares UltraShort Dow 30 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/ExpenseExample" id="wwwProSharescom_71_ExpenseExample">
			<link:definition>7120030 - Disclosure - ProShares UltraShort Dow 30 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/ExpenseExampleNoRedemption" id="wwwProSharescom_71_ExpenseExampleNoRedemption">
			<link:definition>7120040 - Disclosure - ProShares UltraShort Dow 30 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/RiskTableData" id="wwwProSharescom_71_RiskTableData">
			<link:definition>7120045 - Disclosure - ProShares UltraShort Dow 30 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/BarChartData" id="wwwProSharescom_71_BarChartData">
			<link:definition>7120050 - Disclosure - ProShares UltraShort Dow 30 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/PerformanceTableData" id="wwwProSharescom_71_PerformanceTableData">
			<link:definition>7120060 - Disclosure - ProShares UltraShort Dow 30 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/71/role/MarketIndexPerformanceData" id="wwwProSharescom_71_MarketIndexPerformanceData">
			<link:definition>7120070 - Disclosure - ProShares UltraShort Dow 30 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/N1aCover" id="wwwProSharescom_71_N1aCover">
			<link:definition>7110000 - Disclosure - ProShares UltraShort Dow 30 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/71/role/N1aSupplement" id="wwwProSharescom_71_N1aSupplement">
			<link:definition>7110001 - Disclosure - ProShares UltraShort Dow 30 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/72/role/RiskReturn" id="wwwProSharescom_72_RiskReturn">
			<link:definition>7210002 - Disclosure - ProShares UltraShort Energy Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/72/role/FeesAndExpenses" id="wwwProSharescom_72_FeesAndExpenses">
			<link:definition>7210003 - Disclosure - ProShares UltraShort Energy Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/72/role/InvestmentStrategy" id="wwwProSharescom_72_InvestmentStrategy">
			<link:definition>7210004 - Disclosure - ProShares UltraShort Energy Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/72/role/InvestmentRisks" id="wwwProSharescom_72_InvestmentRisks">
			<link:definition>7210005 - Disclosure - ProShares UltraShort Energy Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/72/role/PerformanceManagement" id="wwwProSharescom_72_PerformanceManagement">
			<link:definition>7210006 - Disclosure - ProShares UltraShort Energy Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/72/role/ShareholderFeesData" id="wwwProSharescom_72_ShareholderFeesData">
			<link:definition>7220010 - Disclosure - ProShares UltraShort Energy Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/72/role/OperatingExpensesData" id="wwwProSharescom_72_OperatingExpensesData">
			<link:definition>7220020 - Disclosure - ProShares UltraShort Energy Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/72/role/ExpenseExample" id="wwwProSharescom_72_ExpenseExample">
			<link:definition>7220030 - Disclosure - ProShares UltraShort Energy Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/72/role/ExpenseExampleNoRedemption" id="wwwProSharescom_72_ExpenseExampleNoRedemption">
			<link:definition>7220040 - Disclosure - ProShares UltraShort Energy Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/72/role/RiskTableData" id="wwwProSharescom_72_RiskTableData">
			<link:definition>7220045 - Disclosure - ProShares UltraShort Energy Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/72/role/BarChartData" id="wwwProSharescom_72_BarChartData">
			<link:definition>7220050 - Disclosure - ProShares UltraShort Energy Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/72/role/PerformanceTableData" id="wwwProSharescom_72_PerformanceTableData">
			<link:definition>7220060 - Disclosure - ProShares UltraShort Energy Average Annual Total Returns</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/72/role/MarketIndexPerformanceData" id="wwwProSharescom_72_MarketIndexPerformanceData">
			<link:definition>7220070 - Disclosure - ProShares UltraShort Energy Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/72/role/N1aCover" id="wwwProSharescom_72_N1aCover">
			<link:definition>7210000 - Disclosure - ProShares UltraShort Energy N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/72/role/N1aSupplement" id="wwwProSharescom_72_N1aSupplement">
			<link:definition>7210001 - Disclosure - ProShares UltraShort Energy N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/73/role/RiskReturn" id="wwwProSharescom_73_RiskReturn">
			<link:definition>7310002 - Disclosure - ProShares UltraShort Financials Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/FeesAndExpenses" id="wwwProSharescom_73_FeesAndExpenses">
			<link:definition>7310003 - Disclosure - ProShares UltraShort Financials Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/InvestmentStrategy" id="wwwProSharescom_73_InvestmentStrategy">
			<link:definition>7310004 - Disclosure - ProShares UltraShort Financials Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/InvestmentRisks" id="wwwProSharescom_73_InvestmentRisks">
			<link:definition>7310005 - Disclosure - ProShares UltraShort Financials Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/PerformanceManagement" id="wwwProSharescom_73_PerformanceManagement">
			<link:definition>7310006 - Disclosure - ProShares UltraShort Financials Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/ShareholderFeesData" id="wwwProSharescom_73_ShareholderFeesData">
			<link:definition>7320010 - Disclosure - ProShares UltraShort Financials Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/OperatingExpensesData" id="wwwProSharescom_73_OperatingExpensesData">
			<link:definition>7320020 - Disclosure - ProShares UltraShort Financials Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/ExpenseExample" id="wwwProSharescom_73_ExpenseExample">
			<link:definition>7320030 - Disclosure - ProShares UltraShort Financials Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/ExpenseExampleNoRedemption" id="wwwProSharescom_73_ExpenseExampleNoRedemption">
			<link:definition>7320040 - Disclosure - ProShares UltraShort Financials Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/RiskTableData" id="wwwProSharescom_73_RiskTableData">
			<link:definition>7320045 - Disclosure - ProShares UltraShort Financials Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/BarChartData" id="wwwProSharescom_73_BarChartData">
			<link:definition>7320050 - Disclosure - ProShares UltraShort Financials Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/PerformanceTableData" id="wwwProSharescom_73_PerformanceTableData">
			<link:definition>7320060 - Disclosure - ProShares UltraShort Financials Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/MarketIndexPerformanceData" id="wwwProSharescom_73_MarketIndexPerformanceData">
			<link:definition>7320070 - Disclosure - ProShares UltraShort Financials Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/N1aCover" id="wwwProSharescom_73_N1aCover">
			<link:definition>7310000 - Disclosure - ProShares UltraShort Financials N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/73/role/N1aSupplement" id="wwwProSharescom_73_N1aSupplement">
			<link:definition>7310001 - Disclosure - ProShares UltraShort Financials N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/RiskReturn" id="wwwProSharescom_74_RiskReturn">
			<link:definition>7410002 - Disclosure - ProShares UltraShort FTSE China 50 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/FeesAndExpenses" id="wwwProSharescom_74_FeesAndExpenses">
			<link:definition>7410003 - Disclosure - ProShares UltraShort FTSE China 50 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/InvestmentStrategy" id="wwwProSharescom_74_InvestmentStrategy">
			<link:definition>7410004 - Disclosure - ProShares UltraShort FTSE China 50 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/InvestmentRisks" id="wwwProSharescom_74_InvestmentRisks">
			<link:definition>7410005 - Disclosure - ProShares UltraShort FTSE China 50 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/PerformanceManagement" id="wwwProSharescom_74_PerformanceManagement">
			<link:definition>7410006 - Disclosure - ProShares UltraShort FTSE China 50 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/ShareholderFeesData" id="wwwProSharescom_74_ShareholderFeesData">
			<link:definition>7420010 - Disclosure - ProShares UltraShort FTSE China 50 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/OperatingExpensesData" id="wwwProSharescom_74_OperatingExpensesData">
			<link:definition>7420020 - Disclosure - ProShares UltraShort FTSE China 50 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/ExpenseExample" id="wwwProSharescom_74_ExpenseExample">
			<link:definition>7420030 - Disclosure - ProShares UltraShort FTSE China 50 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/ExpenseExampleNoRedemption" id="wwwProSharescom_74_ExpenseExampleNoRedemption">
			<link:definition>7420040 - Disclosure - ProShares UltraShort FTSE China 50 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/RiskTableData" id="wwwProSharescom_74_RiskTableData">
			<link:definition>7420045 - Disclosure - ProShares UltraShort FTSE China 50 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/BarChartData" id="wwwProSharescom_74_BarChartData">
			<link:definition>7420050 - Disclosure - ProShares UltraShort FTSE China 50 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/PerformanceTableData" id="wwwProSharescom_74_PerformanceTableData">
			<link:definition>7420060 - Disclosure - ProShares UltraShort FTSE China 50 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/MarketIndexPerformanceData" id="wwwProSharescom_74_MarketIndexPerformanceData">
			<link:definition>7420070 - Disclosure - ProShares UltraShort FTSE China 50 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/N1aCover" id="wwwProSharescom_74_N1aCover">
			<link:definition>7410000 - Disclosure - ProShares UltraShort FTSE China 50 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/74/role/N1aSupplement" id="wwwProSharescom_74_N1aSupplement">
			<link:definition>7410001 - Disclosure - ProShares UltraShort FTSE China 50 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/RiskReturn" id="wwwProSharescom_75_RiskReturn">
			<link:definition>7510002 - Disclosure - ProShares UltraShort FTSE Europe Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/FeesAndExpenses" id="wwwProSharescom_75_FeesAndExpenses">
			<link:definition>7510003 - Disclosure - ProShares UltraShort FTSE Europe Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/InvestmentStrategy" id="wwwProSharescom_75_InvestmentStrategy">
			<link:definition>7510004 - Disclosure - ProShares UltraShort FTSE Europe Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/InvestmentRisks" id="wwwProSharescom_75_InvestmentRisks">
			<link:definition>7510005 - Disclosure - ProShares UltraShort FTSE Europe Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/PerformanceManagement" id="wwwProSharescom_75_PerformanceManagement">
			<link:definition>7510006 - Disclosure - ProShares UltraShort FTSE Europe Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/ShareholderFeesData" id="wwwProSharescom_75_ShareholderFeesData">
			<link:definition>7520010 - Disclosure - ProShares UltraShort FTSE Europe Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/OperatingExpensesData" id="wwwProSharescom_75_OperatingExpensesData">
			<link:definition>7520020 - Disclosure - ProShares UltraShort FTSE Europe Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/ExpenseExample" id="wwwProSharescom_75_ExpenseExample">
			<link:definition>7520030 - Disclosure - ProShares UltraShort FTSE Europe Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/ExpenseExampleNoRedemption" id="wwwProSharescom_75_ExpenseExampleNoRedemption">
			<link:definition>7520040 - Disclosure - ProShares UltraShort FTSE Europe Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/RiskTableData" id="wwwProSharescom_75_RiskTableData">
			<link:definition>7520045 - Disclosure - ProShares UltraShort FTSE Europe Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/BarChartData" id="wwwProSharescom_75_BarChartData">
			<link:definition>7520050 - Disclosure - ProShares UltraShort FTSE Europe Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/PerformanceTableData" id="wwwProSharescom_75_PerformanceTableData">
			<link:definition>7520060 - Disclosure - ProShares UltraShort FTSE Europe Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/MarketIndexPerformanceData" id="wwwProSharescom_75_MarketIndexPerformanceData">
			<link:definition>7520070 - Disclosure - ProShares UltraShort FTSE Europe Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/N1aCover" id="wwwProSharescom_75_N1aCover">
			<link:definition>7510000 - Disclosure - ProShares UltraShort FTSE Europe N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/75/role/N1aSupplement" id="wwwProSharescom_75_N1aSupplement">
			<link:definition>7510001 - Disclosure - ProShares UltraShort FTSE Europe N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/RiskReturn" id="wwwProSharescom_76_RiskReturn">
			<link:definition>7610002 - Disclosure - ProShares UltraShort Health Care Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/FeesAndExpenses" id="wwwProSharescom_76_FeesAndExpenses">
			<link:definition>7610003 - Disclosure - ProShares UltraShort Health Care Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/InvestmentStrategy" id="wwwProSharescom_76_InvestmentStrategy">
			<link:definition>7610004 - Disclosure - ProShares UltraShort Health Care Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/InvestmentRisks" id="wwwProSharescom_76_InvestmentRisks">
			<link:definition>7610005 - Disclosure - ProShares UltraShort Health Care Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/PerformanceManagement" id="wwwProSharescom_76_PerformanceManagement">
			<link:definition>7610006 - Disclosure - ProShares UltraShort Health Care Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/ShareholderFeesData" id="wwwProSharescom_76_ShareholderFeesData">
			<link:definition>7620010 - Disclosure - ProShares UltraShort Health Care Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/OperatingExpensesData" id="wwwProSharescom_76_OperatingExpensesData">
			<link:definition>7620020 - Disclosure - ProShares UltraShort Health Care Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/ExpenseExample" id="wwwProSharescom_76_ExpenseExample">
			<link:definition>7620030 - Disclosure - ProShares UltraShort Health Care Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/ExpenseExampleNoRedemption" id="wwwProSharescom_76_ExpenseExampleNoRedemption">
			<link:definition>7620040 - Disclosure - ProShares UltraShort Health Care Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/RiskTableData" id="wwwProSharescom_76_RiskTableData">
			<link:definition>7620045 - Disclosure - ProShares UltraShort Health Care Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/BarChartData" id="wwwProSharescom_76_BarChartData">
			<link:definition>7620050 - Disclosure - ProShares UltraShort Health Care Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/76/role/PerformanceTableData" id="wwwProSharescom_76_PerformanceTableData">
			<link:definition>7620060 - Disclosure - ProShares UltraShort Health Care Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/76/role/MarketIndexPerformanceData" id="wwwProSharescom_76_MarketIndexPerformanceData">
			<link:definition>7620070 - Disclosure - ProShares UltraShort Health Care Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/76/role/N1aCover" id="wwwProSharescom_76_N1aCover">
			<link:definition>7610000 - Disclosure - ProShares UltraShort Health Care N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/76/role/N1aSupplement" id="wwwProSharescom_76_N1aSupplement">
			<link:definition>7610001 - Disclosure - ProShares UltraShort Health Care N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/RiskReturn" id="wwwProSharescom_77_RiskReturn">
			<link:definition>7710002 - Disclosure - ProShares UltraShort Industrials Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/FeesAndExpenses" id="wwwProSharescom_77_FeesAndExpenses">
			<link:definition>7710003 - Disclosure - ProShares UltraShort Industrials Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/InvestmentStrategy" id="wwwProSharescom_77_InvestmentStrategy">
			<link:definition>7710004 - Disclosure - ProShares UltraShort Industrials Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/InvestmentRisks" id="wwwProSharescom_77_InvestmentRisks">
			<link:definition>7710005 - Disclosure - ProShares UltraShort Industrials Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/PerformanceManagement" id="wwwProSharescom_77_PerformanceManagement">
			<link:definition>7710006 - Disclosure - ProShares UltraShort Industrials Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/ShareholderFeesData" id="wwwProSharescom_77_ShareholderFeesData">
			<link:definition>7720010 - Disclosure - ProShares UltraShort Industrials Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/OperatingExpensesData" id="wwwProSharescom_77_OperatingExpensesData">
			<link:definition>7720020 - Disclosure - ProShares UltraShort Industrials Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/ExpenseExample" id="wwwProSharescom_77_ExpenseExample">
			<link:definition>7720030 - Disclosure - ProShares UltraShort Industrials Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/ExpenseExampleNoRedemption" id="wwwProSharescom_77_ExpenseExampleNoRedemption">
			<link:definition>7720040 - Disclosure - ProShares UltraShort Industrials Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/RiskTableData" id="wwwProSharescom_77_RiskTableData">
			<link:definition>7720045 - Disclosure - ProShares UltraShort Industrials Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/BarChartData" id="wwwProSharescom_77_BarChartData">
			<link:definition>7720050 - Disclosure - ProShares UltraShort Industrials Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/PerformanceTableData" id="wwwProSharescom_77_PerformanceTableData">
			<link:definition>7720060 - Disclosure - ProShares UltraShort Industrials Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/MarketIndexPerformanceData" id="wwwProSharescom_77_MarketIndexPerformanceData">
			<link:definition>7720070 - Disclosure - ProShares UltraShort Industrials Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/N1aCover" id="wwwProSharescom_77_N1aCover">
			<link:definition>7710000 - Disclosure - ProShares UltraShort Industrials N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/77/role/N1aSupplement" id="wwwProSharescom_77_N1aSupplement">
			<link:definition>7710001 - Disclosure - ProShares UltraShort Industrials N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/RiskReturn" id="wwwProSharescom_78_RiskReturn">
			<link:definition>7810002 - Disclosure - ProShares UltraShort Materials Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/FeesAndExpenses" id="wwwProSharescom_78_FeesAndExpenses">
			<link:definition>7810003 - Disclosure - ProShares UltraShort Materials Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/InvestmentStrategy" id="wwwProSharescom_78_InvestmentStrategy">
			<link:definition>7810004 - Disclosure - ProShares UltraShort Materials Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/InvestmentRisks" id="wwwProSharescom_78_InvestmentRisks">
			<link:definition>7810005 - Disclosure - ProShares UltraShort Materials Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/PerformanceManagement" id="wwwProSharescom_78_PerformanceManagement">
			<link:definition>7810006 - Disclosure - ProShares UltraShort Materials Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/ShareholderFeesData" id="wwwProSharescom_78_ShareholderFeesData">
			<link:definition>7820010 - Disclosure - ProShares UltraShort Materials Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/OperatingExpensesData" id="wwwProSharescom_78_OperatingExpensesData">
			<link:definition>7820020 - Disclosure - ProShares UltraShort Materials Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/ExpenseExample" id="wwwProSharescom_78_ExpenseExample">
			<link:definition>7820030 - Disclosure - ProShares UltraShort Materials Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/ExpenseExampleNoRedemption" id="wwwProSharescom_78_ExpenseExampleNoRedemption">
			<link:definition>7820040 - Disclosure - ProShares UltraShort Materials Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/RiskTableData" id="wwwProSharescom_78_RiskTableData">
			<link:definition>7820045 - Disclosure - ProShares UltraShort Materials Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/BarChartData" id="wwwProSharescom_78_BarChartData">
			<link:definition>7820050 - Disclosure - ProShares UltraShort Materials Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/PerformanceTableData" id="wwwProSharescom_78_PerformanceTableData">
			<link:definition>7820060 - Disclosure - ProShares UltraShort Materials Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/MarketIndexPerformanceData" id="wwwProSharescom_78_MarketIndexPerformanceData">
			<link:definition>7820070 - Disclosure - ProShares UltraShort Materials Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/N1aCover" id="wwwProSharescom_78_N1aCover">
			<link:definition>7810000 - Disclosure - ProShares UltraShort Materials N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/78/role/N1aSupplement" id="wwwProSharescom_78_N1aSupplement">
			<link:definition>7810001 - Disclosure - ProShares UltraShort Materials N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/RiskReturn" id="wwwProSharescom_79_RiskReturn">
			<link:definition>7910002 - Disclosure - ProShares UltraShort MidCap400 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/FeesAndExpenses" id="wwwProSharescom_79_FeesAndExpenses">
			<link:definition>7910003 - Disclosure - ProShares UltraShort MidCap400 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/InvestmentStrategy" id="wwwProSharescom_79_InvestmentStrategy">
			<link:definition>7910004 - Disclosure - ProShares UltraShort MidCap400 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/InvestmentRisks" id="wwwProSharescom_79_InvestmentRisks">
			<link:definition>7910005 - Disclosure - ProShares UltraShort MidCap400 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/PerformanceManagement" id="wwwProSharescom_79_PerformanceManagement">
			<link:definition>7910006 - Disclosure - ProShares UltraShort MidCap400 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/ShareholderFeesData" id="wwwProSharescom_79_ShareholderFeesData">
			<link:definition>7920010 - Disclosure - ProShares UltraShort MidCap400 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/OperatingExpensesData" id="wwwProSharescom_79_OperatingExpensesData">
			<link:definition>7920020 - Disclosure - ProShares UltraShort MidCap400 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/ExpenseExample" id="wwwProSharescom_79_ExpenseExample">
			<link:definition>7920030 - Disclosure - ProShares UltraShort MidCap400 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/ExpenseExampleNoRedemption" id="wwwProSharescom_79_ExpenseExampleNoRedemption">
			<link:definition>7920040 - Disclosure - ProShares UltraShort MidCap400 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/RiskTableData" id="wwwProSharescom_79_RiskTableData">
			<link:definition>7920045 - Disclosure - ProShares UltraShort MidCap400 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/BarChartData" id="wwwProSharescom_79_BarChartData">
			<link:definition>7920050 - Disclosure - ProShares UltraShort MidCap400 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/PerformanceTableData" id="wwwProSharescom_79_PerformanceTableData">
			<link:definition>7920060 - Disclosure - ProShares UltraShort MidCap400 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/MarketIndexPerformanceData" id="wwwProSharescom_79_MarketIndexPerformanceData">
			<link:definition>7920070 - Disclosure - ProShares UltraShort MidCap400 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/N1aCover" id="wwwProSharescom_79_N1aCover">
			<link:definition>7910000 - Disclosure - ProShares UltraShort MidCap400 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/79/role/N1aSupplement" id="wwwProSharescom_79_N1aSupplement">
			<link:definition>7910001 - Disclosure - ProShares UltraShort MidCap400 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/80/role/RiskReturn" id="wwwProSharescom_80_RiskReturn">
			<link:definition>8010002 - Disclosure - ProShares UltraShort MSCI Brazil Capped Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/80/role/FeesAndExpenses" id="wwwProSharescom_80_FeesAndExpenses">
			<link:definition>8010003 - Disclosure - ProShares UltraShort MSCI Brazil Capped Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/80/role/InvestmentStrategy" id="wwwProSharescom_80_InvestmentStrategy">
			<link:definition>8010004 - Disclosure - ProShares UltraShort MSCI Brazil Capped Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/80/role/InvestmentRisks" id="wwwProSharescom_80_InvestmentRisks">
			<link:definition>8010005 - Disclosure - ProShares UltraShort MSCI Brazil Capped Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/80/role/PerformanceManagement" id="wwwProSharescom_80_PerformanceManagement">
			<link:definition>8010006 - Disclosure - ProShares UltraShort MSCI Brazil Capped Performance Management</link:definition>
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			<link:definition>8020010 - Disclosure - ProShares UltraShort MSCI Brazil Capped Shareholder Fees</link:definition>
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			<link:definition>8020030 - Disclosure - ProShares UltraShort MSCI Brazil Capped Expense Example</link:definition>
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			<link:definition>8420030 - Disclosure - ProShares UltraShort Nasdaq Biotechnology Expense Example</link:definition>
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			<link:definition>8410000 - Disclosure - ProShares UltraShort Nasdaq Biotechnology N-1A Cover</link:definition>
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			<link:definition>8410001 - Disclosure - ProShares UltraShort Nasdaq Biotechnology N-1A Supplement</link:definition>
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			<link:definition>8510003 - Disclosure - ProShares UltraShort QQQ Fees and Expenses</link:definition>
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			<link:definition>8510005 - Disclosure - ProShares UltraShort QQQ Investment Risks</link:definition>
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			<link:definition>8520010 - Disclosure - ProShares UltraShort QQQ Shareholder Fees</link:definition>
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			<link:definition>8520020 - Disclosure - ProShares UltraShort QQQ Annual Fund Operating Expenses</link:definition>
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			<link:definition>8520030 - Disclosure - ProShares UltraShort QQQ Expense Example</link:definition>
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			<link:definition>8520040 - Disclosure - ProShares UltraShort QQQ Expense Example, No Redemption</link:definition>
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			<link:definition>8520070 - Disclosure - ProShares UltraShort QQQ Market Index Performance</link:definition>
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			<link:definition>8510000 - Disclosure - ProShares UltraShort QQQ N-1A Cover</link:definition>
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			<link:definition>8510001 - Disclosure - ProShares UltraShort QQQ N-1A Supplement</link:definition>
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			<link:definition>8610002 - Disclosure - ProShares UltraShort QQQ Mega Investment Objectives and Goals</link:definition>
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			<link:definition>8610003 - Disclosure - ProShares UltraShort QQQ Mega Fees and Expenses</link:definition>
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			<link:definition>8610004 - Disclosure - ProShares UltraShort QQQ Mega Investment Strategy</link:definition>
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			<link:definition>8610005 - Disclosure - ProShares UltraShort QQQ Mega Investment Risks</link:definition>
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			<link:definition>8610006 - Disclosure - ProShares UltraShort QQQ Mega Performance Management</link:definition>
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			<link:definition>8620010 - Disclosure - ProShares UltraShort QQQ Mega Shareholder Fees</link:definition>
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			<link:definition>8620020 - Disclosure - ProShares UltraShort QQQ Mega Annual Fund Operating Expenses</link:definition>
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			<link:definition>8620030 - Disclosure - ProShares UltraShort QQQ Mega Expense Example</link:definition>
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		<link:roleType roleURI="http://www.ProShares.com/87/role/ExpenseExampleNoRedemption" id="wwwProSharescom_87_ExpenseExampleNoRedemption">
			<link:definition>8720040 - Disclosure - ProShares UltraShort QQQ Top 30 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/87/role/RiskTableData" id="wwwProSharescom_87_RiskTableData">
			<link:definition>8720045 - Disclosure - ProShares UltraShort QQQ Top 30 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>8720050 - Disclosure - ProShares UltraShort QQQ Top 30 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/87/role/PerformanceTableData" id="wwwProSharescom_87_PerformanceTableData">
			<link:definition>8720060 - Disclosure - ProShares UltraShort QQQ Top 30 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/87/role/MarketIndexPerformanceData" id="wwwProSharescom_87_MarketIndexPerformanceData">
			<link:definition>8720070 - Disclosure - ProShares UltraShort QQQ Top 30 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/87/role/N1aCover" id="wwwProSharescom_87_N1aCover">
			<link:definition>8710000 - Disclosure - ProShares UltraShort QQQ Top 30 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/87/role/N1aSupplement" id="wwwProSharescom_87_N1aSupplement">
			<link:definition>8710001 - Disclosure - ProShares UltraShort QQQ Top 30 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/88/role/RiskReturn" id="wwwProSharescom_88_RiskReturn">
			<link:definition>8810002 - Disclosure - ProShares UltraShort Real Estate Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/88/role/FeesAndExpenses" id="wwwProSharescom_88_FeesAndExpenses">
			<link:definition>8810003 - Disclosure - ProShares UltraShort Real Estate Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/88/role/InvestmentStrategy" id="wwwProSharescom_88_InvestmentStrategy">
			<link:definition>8810004 - Disclosure - ProShares UltraShort Real Estate Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/88/role/InvestmentRisks" id="wwwProSharescom_88_InvestmentRisks">
			<link:definition>8810005 - Disclosure - ProShares UltraShort Real Estate Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/88/role/PerformanceManagement" id="wwwProSharescom_88_PerformanceManagement">
			<link:definition>8810006 - Disclosure - ProShares UltraShort Real Estate Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/88/role/ShareholderFeesData" id="wwwProSharescom_88_ShareholderFeesData">
			<link:definition>8820010 - Disclosure - ProShares UltraShort Real Estate Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/88/role/OperatingExpensesData" id="wwwProSharescom_88_OperatingExpensesData">
			<link:definition>8820020 - Disclosure - ProShares UltraShort Real Estate Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/88/role/ExpenseExample" id="wwwProSharescom_88_ExpenseExample">
			<link:definition>8820030 - Disclosure - ProShares UltraShort Real Estate Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/88/role/ExpenseExampleNoRedemption" id="wwwProSharescom_88_ExpenseExampleNoRedemption">
			<link:definition>8820040 - Disclosure - ProShares UltraShort Real Estate Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/88/role/RiskTableData" id="wwwProSharescom_88_RiskTableData">
			<link:definition>8820045 - Disclosure - ProShares UltraShort Real Estate Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/88/role/BarChartData" id="wwwProSharescom_88_BarChartData">
			<link:definition>8820050 - Disclosure - ProShares UltraShort Real Estate Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/88/role/PerformanceTableData" id="wwwProSharescom_88_PerformanceTableData">
			<link:definition>8820060 - Disclosure - ProShares UltraShort Real Estate Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/88/role/MarketIndexPerformanceData" id="wwwProSharescom_88_MarketIndexPerformanceData">
			<link:definition>8820070 - Disclosure - ProShares UltraShort Real Estate Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/88/role/N1aCover" id="wwwProSharescom_88_N1aCover">
			<link:definition>8810000 - Disclosure - ProShares UltraShort Real Estate N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/88/role/N1aSupplement" id="wwwProSharescom_88_N1aSupplement">
			<link:definition>8810001 - Disclosure - ProShares UltraShort Real Estate N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/89/role/RiskReturn" id="wwwProSharescom_89_RiskReturn">
			<link:definition>8910002 - Disclosure - ProShares UltraShort Russell2000 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/89/role/FeesAndExpenses" id="wwwProSharescom_89_FeesAndExpenses">
			<link:definition>8910003 - Disclosure - ProShares UltraShort Russell2000 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/89/role/InvestmentStrategy" id="wwwProSharescom_89_InvestmentStrategy">
			<link:definition>8910004 - Disclosure - ProShares UltraShort Russell2000 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/89/role/InvestmentRisks" id="wwwProSharescom_89_InvestmentRisks">
			<link:definition>8910005 - Disclosure - ProShares UltraShort Russell2000 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/89/role/PerformanceManagement" id="wwwProSharescom_89_PerformanceManagement">
			<link:definition>8910006 - Disclosure - ProShares UltraShort Russell2000 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/89/role/ShareholderFeesData" id="wwwProSharescom_89_ShareholderFeesData">
			<link:definition>8920010 - Disclosure - ProShares UltraShort Russell2000 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/89/role/OperatingExpensesData" id="wwwProSharescom_89_OperatingExpensesData">
			<link:definition>8920020 - Disclosure - ProShares UltraShort Russell2000 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/89/role/ExpenseExample" id="wwwProSharescom_89_ExpenseExample">
			<link:definition>8920030 - Disclosure - ProShares UltraShort Russell2000 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/89/role/ExpenseExampleNoRedemption" id="wwwProSharescom_89_ExpenseExampleNoRedemption">
			<link:definition>8920040 - Disclosure - ProShares UltraShort Russell2000 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/89/role/RiskTableData" id="wwwProSharescom_89_RiskTableData">
			<link:definition>8920045 - Disclosure - ProShares UltraShort Russell2000 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/89/role/BarChartData" id="wwwProSharescom_89_BarChartData">
			<link:definition>8920050 - Disclosure - ProShares UltraShort Russell2000 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/89/role/PerformanceTableData" id="wwwProSharescom_89_PerformanceTableData">
			<link:definition>8920060 - Disclosure - ProShares UltraShort Russell2000 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/89/role/MarketIndexPerformanceData" id="wwwProSharescom_89_MarketIndexPerformanceData">
			<link:definition>8920070 - Disclosure - ProShares UltraShort Russell2000 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/89/role/N1aCover" id="wwwProSharescom_89_N1aCover">
			<link:definition>8910000 - Disclosure - ProShares UltraShort Russell2000 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>8910001 - Disclosure - ProShares UltraShort Russell2000 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/90/role/RiskReturn" id="wwwProSharescom_90_RiskReturn">
			<link:definition>9010002 - Disclosure - ProShares UltraShort S and P 500 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/90/role/FeesAndExpenses" id="wwwProSharescom_90_FeesAndExpenses">
			<link:definition>9010003 - Disclosure - ProShares UltraShort S and P 500 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/90/role/InvestmentStrategy" id="wwwProSharescom_90_InvestmentStrategy">
			<link:definition>9010004 - Disclosure - ProShares UltraShort S and P 500 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/90/role/InvestmentRisks" id="wwwProSharescom_90_InvestmentRisks">
			<link:definition>9010005 - Disclosure - ProShares UltraShort S and P 500 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/90/role/PerformanceManagement" id="wwwProSharescom_90_PerformanceManagement">
			<link:definition>9010006 - Disclosure - ProShares UltraShort S and P 500 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/90/role/ShareholderFeesData" id="wwwProSharescom_90_ShareholderFeesData">
			<link:definition>9020010 - Disclosure - ProShares UltraShort S and P 500 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/90/role/OperatingExpensesData" id="wwwProSharescom_90_OperatingExpensesData">
			<link:definition>9020020 - Disclosure - ProShares UltraShort S and P 500 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/90/role/ExpenseExample" id="wwwProSharescom_90_ExpenseExample">
			<link:definition>9020030 - Disclosure - ProShares UltraShort S and P 500 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>9020040 - Disclosure - ProShares UltraShort S and P 500 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>9020045 - Disclosure - ProShares UltraShort S and P 500 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
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			<link:definition>9020050 - Disclosure - ProShares UltraShort S and P 500 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>9020060 - Disclosure - ProShares UltraShort S and P 500 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/90/role/MarketIndexPerformanceData" id="wwwProSharescom_90_MarketIndexPerformanceData">
			<link:definition>9020070 - Disclosure - ProShares UltraShort S and P 500 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/90/role/N1aCover" id="wwwProSharescom_90_N1aCover">
			<link:definition>9010000 - Disclosure - ProShares UltraShort S and P 500 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/90/role/N1aSupplement" id="wwwProSharescom_90_N1aSupplement">
			<link:definition>9010001 - Disclosure - ProShares UltraShort S and P 500 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/RiskReturn" id="wwwProSharescom_91_RiskReturn">
			<link:definition>9110002 - Disclosure - ProShares UltraShort Semiconductors Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/91/role/FeesAndExpenses" id="wwwProSharescom_91_FeesAndExpenses">
			<link:definition>9110003 - Disclosure - ProShares UltraShort Semiconductors Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/InvestmentStrategy" id="wwwProSharescom_91_InvestmentStrategy">
			<link:definition>9110004 - Disclosure - ProShares UltraShort Semiconductors Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/InvestmentRisks" id="wwwProSharescom_91_InvestmentRisks">
			<link:definition>9110005 - Disclosure - ProShares UltraShort Semiconductors Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/PerformanceManagement" id="wwwProSharescom_91_PerformanceManagement">
			<link:definition>9110006 - Disclosure - ProShares UltraShort Semiconductors Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/ShareholderFeesData" id="wwwProSharescom_91_ShareholderFeesData">
			<link:definition>9120010 - Disclosure - ProShares UltraShort Semiconductors Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/OperatingExpensesData" id="wwwProSharescom_91_OperatingExpensesData">
			<link:definition>9120020 - Disclosure - ProShares UltraShort Semiconductors Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/ExpenseExample" id="wwwProSharescom_91_ExpenseExample">
			<link:definition>9120030 - Disclosure - ProShares UltraShort Semiconductors Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/ExpenseExampleNoRedemption" id="wwwProSharescom_91_ExpenseExampleNoRedemption">
			<link:definition>9120040 - Disclosure - ProShares UltraShort Semiconductors Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/RiskTableData" id="wwwProSharescom_91_RiskTableData">
			<link:definition>9120045 - Disclosure - ProShares UltraShort Semiconductors Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/BarChartData" id="wwwProSharescom_91_BarChartData">
			<link:definition>9120050 - Disclosure - ProShares UltraShort Semiconductors Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/PerformanceTableData" id="wwwProSharescom_91_PerformanceTableData">
			<link:definition>9120060 - Disclosure - ProShares UltraShort Semiconductors Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/MarketIndexPerformanceData" id="wwwProSharescom_91_MarketIndexPerformanceData">
			<link:definition>9120070 - Disclosure - ProShares UltraShort Semiconductors Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/N1aCover" id="wwwProSharescom_91_N1aCover">
			<link:definition>9110000 - Disclosure - ProShares UltraShort Semiconductors N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/91/role/N1aSupplement" id="wwwProSharescom_91_N1aSupplement">
			<link:definition>9110001 - Disclosure - ProShares UltraShort Semiconductors N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/RiskReturn" id="wwwProSharescom_92_RiskReturn">
			<link:definition>9210002 - Disclosure - ProShares UltraShort SmallCap600 Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/FeesAndExpenses" id="wwwProSharescom_92_FeesAndExpenses">
			<link:definition>9210003 - Disclosure - ProShares UltraShort SmallCap600 Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/InvestmentStrategy" id="wwwProSharescom_92_InvestmentStrategy">
			<link:definition>9210004 - Disclosure - ProShares UltraShort SmallCap600 Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/InvestmentRisks" id="wwwProSharescom_92_InvestmentRisks">
			<link:definition>9210005 - Disclosure - ProShares UltraShort SmallCap600 Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/PerformanceManagement" id="wwwProSharescom_92_PerformanceManagement">
			<link:definition>9210006 - Disclosure - ProShares UltraShort SmallCap600 Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/ShareholderFeesData" id="wwwProSharescom_92_ShareholderFeesData">
			<link:definition>9220010 - Disclosure - ProShares UltraShort SmallCap600 Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/OperatingExpensesData" id="wwwProSharescom_92_OperatingExpensesData">
			<link:definition>9220020 - Disclosure - ProShares UltraShort SmallCap600 Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/ExpenseExample" id="wwwProSharescom_92_ExpenseExample">
			<link:definition>9220030 - Disclosure - ProShares UltraShort SmallCap600 Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/ExpenseExampleNoRedemption" id="wwwProSharescom_92_ExpenseExampleNoRedemption">
			<link:definition>9220040 - Disclosure - ProShares UltraShort SmallCap600 Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/RiskTableData" id="wwwProSharescom_92_RiskTableData">
			<link:definition>9220045 - Disclosure - ProShares UltraShort SmallCap600 Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/BarChartData" id="wwwProSharescom_92_BarChartData">
			<link:definition>9220050 - Disclosure - ProShares UltraShort SmallCap600 Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/PerformanceTableData" id="wwwProSharescom_92_PerformanceTableData">
			<link:definition>9220060 - Disclosure - ProShares UltraShort SmallCap600 Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/MarketIndexPerformanceData" id="wwwProSharescom_92_MarketIndexPerformanceData">
			<link:definition>9220070 - Disclosure - ProShares UltraShort SmallCap600 Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/N1aCover" id="wwwProSharescom_92_N1aCover">
			<link:definition>9210000 - Disclosure - ProShares UltraShort SmallCap600 N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/92/role/N1aSupplement" id="wwwProSharescom_92_N1aSupplement">
			<link:definition>9210001 - Disclosure - ProShares UltraShort SmallCap600 N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/RiskReturn" id="wwwProSharescom_93_RiskReturn">
			<link:definition>9310002 - Disclosure - ProShares UltraShort Technology Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/FeesAndExpenses" id="wwwProSharescom_93_FeesAndExpenses">
			<link:definition>9310003 - Disclosure - ProShares UltraShort Technology Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/InvestmentStrategy" id="wwwProSharescom_93_InvestmentStrategy">
			<link:definition>9310004 - Disclosure - ProShares UltraShort Technology Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/InvestmentRisks" id="wwwProSharescom_93_InvestmentRisks">
			<link:definition>9310005 - Disclosure - ProShares UltraShort Technology Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/PerformanceManagement" id="wwwProSharescom_93_PerformanceManagement">
			<link:definition>9310006 - Disclosure - ProShares UltraShort Technology Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/ShareholderFeesData" id="wwwProSharescom_93_ShareholderFeesData">
			<link:definition>9320010 - Disclosure - ProShares UltraShort Technology Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/OperatingExpensesData" id="wwwProSharescom_93_OperatingExpensesData">
			<link:definition>9320020 - Disclosure - ProShares UltraShort Technology Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/ExpenseExample" id="wwwProSharescom_93_ExpenseExample">
			<link:definition>9320030 - Disclosure - ProShares UltraShort Technology Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/ExpenseExampleNoRedemption" id="wwwProSharescom_93_ExpenseExampleNoRedemption">
			<link:definition>9320040 - Disclosure - ProShares UltraShort Technology Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/RiskTableData" id="wwwProSharescom_93_RiskTableData">
			<link:definition>9320045 - Disclosure - ProShares UltraShort Technology Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/BarChartData" id="wwwProSharescom_93_BarChartData">
			<link:definition>9320050 - Disclosure - ProShares UltraShort Technology Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/PerformanceTableData" id="wwwProSharescom_93_PerformanceTableData">
			<link:definition>9320060 - Disclosure - ProShares UltraShort Technology Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/MarketIndexPerformanceData" id="wwwProSharescom_93_MarketIndexPerformanceData">
			<link:definition>9320070 - Disclosure - ProShares UltraShort Technology Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/N1aCover" id="wwwProSharescom_93_N1aCover">
			<link:definition>9310000 - Disclosure - ProShares UltraShort Technology N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/93/role/N1aSupplement" id="wwwProSharescom_93_N1aSupplement">
			<link:definition>9310001 - Disclosure - ProShares UltraShort Technology N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/RiskReturn" id="wwwProSharescom_94_RiskReturn">
			<link:definition>9410002 - Disclosure - ProShares UltraShort Utilities Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/FeesAndExpenses" id="wwwProSharescom_94_FeesAndExpenses">
			<link:definition>9410003 - Disclosure - ProShares UltraShort Utilities Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/InvestmentStrategy" id="wwwProSharescom_94_InvestmentStrategy">
			<link:definition>9410004 - Disclosure - ProShares UltraShort Utilities Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/InvestmentRisks" id="wwwProSharescom_94_InvestmentRisks">
			<link:definition>9410005 - Disclosure - ProShares UltraShort Utilities Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/PerformanceManagement" id="wwwProSharescom_94_PerformanceManagement">
			<link:definition>9410006 - Disclosure - ProShares UltraShort Utilities Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/ShareholderFeesData" id="wwwProSharescom_94_ShareholderFeesData">
			<link:definition>9420010 - Disclosure - ProShares UltraShort Utilities Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/OperatingExpensesData" id="wwwProSharescom_94_OperatingExpensesData">
			<link:definition>9420020 - Disclosure - ProShares UltraShort Utilities Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/ExpenseExample" id="wwwProSharescom_94_ExpenseExample">
			<link:definition>9420030 - Disclosure - ProShares UltraShort Utilities Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/ExpenseExampleNoRedemption" id="wwwProSharescom_94_ExpenseExampleNoRedemption">
			<link:definition>9420040 - Disclosure - ProShares UltraShort Utilities Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/RiskTableData" id="wwwProSharescom_94_RiskTableData">
			<link:definition>9420045 - Disclosure - ProShares UltraShort Utilities Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/BarChartData" id="wwwProSharescom_94_BarChartData">
			<link:definition>9420050 - Disclosure - ProShares UltraShort Utilities Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/94/role/PerformanceTableData" id="wwwProSharescom_94_PerformanceTableData">
			<link:definition>9420060 - Disclosure - ProShares UltraShort Utilities Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>9420070 - Disclosure - ProShares UltraShort Utilities Market Index Performance</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>9410000 - Disclosure - ProShares UltraShort Utilities N-1A Cover</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>9410001 - Disclosure - ProShares UltraShort Utilities N-1A Supplement</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>9510002 - Disclosure - ProShares Big Data Refiners ETF Investment Objectives and Goals</link:definition>
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			<link:definition>9510003 - Disclosure - ProShares Big Data Refiners ETF Fees and Expenses</link:definition>
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			<link:definition>9510004 - Disclosure - ProShares Big Data Refiners ETF Investment Strategy</link:definition>
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			<link:definition>9510005 - Disclosure - ProShares Big Data Refiners ETF Investment Risks</link:definition>
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			<link:definition>9510006 - Disclosure - ProShares Big Data Refiners ETF Performance Management</link:definition>
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			<link:definition>9520010 - Disclosure - ProShares Big Data Refiners ETF Shareholder Fees</link:definition>
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			<link:definition>9520020 - Disclosure - ProShares Big Data Refiners ETF Annual Fund Operating Expenses</link:definition>
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			<link:definition>9520030 - Disclosure - ProShares Big Data Refiners ETF Expense Example</link:definition>
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			<link:definition>9520040 - Disclosure - ProShares Big Data Refiners ETF Expense Example, No Redemption</link:definition>
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			<link:definition>9520045 - Disclosure - ProShares Big Data Refiners ETF Risks Data</link:definition>
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			<link:definition>9520050 - Disclosure - ProShares Big Data Refiners ETF Annual Total Returns</link:definition>
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			<link:definition>9520060 - Disclosure - ProShares Big Data Refiners ETF Average Annual Total Returns</link:definition>
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			<link:definition>9520070 - Disclosure - ProShares Big Data Refiners ETF Market Index Performance</link:definition>
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			<link:definition>9510000 - Disclosure - ProShares Big Data Refiners ETF N-1A Cover</link:definition>
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			<link:definition>9510001 - Disclosure - ProShares Big Data Refiners ETF N-1A Supplement</link:definition>
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			<link:definition>9610002 - Disclosure - ProShares Decline of the Retail Store ETF Investment Objectives and Goals</link:definition>
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			<link:definition>9610003 - Disclosure - ProShares Decline of the Retail Store ETF Fees and Expenses</link:definition>
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			<link:definition>9610004 - Disclosure - ProShares Decline of the Retail Store ETF Investment Strategy</link:definition>
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			<link:definition>9610005 - Disclosure - ProShares Decline of the Retail Store ETF Investment Risks</link:definition>
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			<link:definition>9610006 - Disclosure - ProShares Decline of the Retail Store ETF Performance Management</link:definition>
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			<link:definition>9620010 - Disclosure - ProShares Decline of the Retail Store ETF Shareholder Fees</link:definition>
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			<link:definition>9620020 - Disclosure - ProShares Decline of the Retail Store ETF Annual Fund Operating Expenses</link:definition>
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			<link:definition>9620050 - Disclosure - ProShares Decline of the Retail Store ETF Annual Total Returns</link:definition>
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			<link:definition>9620060 - Disclosure - ProShares Decline of the Retail Store ETF Average Annual Total Returns</link:definition>
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			<link:definition>9620070 - Disclosure - ProShares Decline of the Retail Store ETF Market Index Performance</link:definition>
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			<link:definition>9610000 - Disclosure - ProShares Decline of the Retail Store ETF N-1A Cover</link:definition>
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			<link:definition>9610001 - Disclosure - ProShares Decline of the Retail Store ETF N-1A Supplement</link:definition>
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			<link:definition>9710002 - Disclosure - ProShares DJ Brookfield Global Infrastructure Investment Objectives and Goals</link:definition>
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			<link:definition>9710003 - Disclosure - ProShares DJ Brookfield Global Infrastructure Fees and Expenses</link:definition>
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			<link:definition>9710004 - Disclosure - ProShares DJ Brookfield Global Infrastructure Investment Strategy</link:definition>
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			<link:definition>9710005 - Disclosure - ProShares DJ Brookfield Global Infrastructure Investment Risks</link:definition>
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			<link:definition>9710006 - Disclosure - ProShares DJ Brookfield Global Infrastructure Performance Management</link:definition>
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			<link:definition>9720010 - Disclosure - ProShares DJ Brookfield Global Infrastructure Shareholder Fees</link:definition>
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			<link:definition>9720020 - Disclosure - ProShares DJ Brookfield Global Infrastructure Annual Fund Operating Expenses</link:definition>
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			<link:definition>9720030 - Disclosure - ProShares DJ Brookfield Global Infrastructure Expense Example</link:definition>
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			<link:definition>9720040 - Disclosure - ProShares DJ Brookfield Global Infrastructure Expense Example, No Redemption</link:definition>
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			<link:definition>9720045 - Disclosure - ProShares DJ Brookfield Global Infrastructure Risks Data</link:definition>
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			<link:definition>9720050 - Disclosure - ProShares DJ Brookfield Global Infrastructure Annual Total Returns</link:definition>
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			<link:definition>9720060 - Disclosure - ProShares DJ Brookfield Global Infrastructure Average Annual Total Returns</link:definition>
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			<link:definition>9720070 - Disclosure - ProShares DJ Brookfield Global Infrastructure Market Index Performance</link:definition>
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			<link:definition>9710000 - Disclosure - ProShares DJ Brookfield Global Infrastructure N-1A Cover</link:definition>
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			<link:definition>9810006 - Disclosure - ProShares Equities for Rising Rates ETF Performance Management</link:definition>
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			<link:definition>9820010 - Disclosure - ProShares Equities for Rising Rates ETF Shareholder Fees</link:definition>
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			<link:definition>10520040 - Disclosure - ProShares Large Cap Core Plus Expense Example, No Redemption</link:definition>
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			<link:definition>10520045 - Disclosure - ProShares Large Cap Core Plus Risks Data</link:definition>
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			<link:definition>10520050 - Disclosure - ProShares Large Cap Core Plus Annual Total Returns</link:definition>
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			<link:definition>10520060 - Disclosure - ProShares Large Cap Core Plus Average Annual Total Returns</link:definition>
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			<link:definition>10520070 - Disclosure - ProShares Large Cap Core Plus Market Index Performance</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>10510000 - Disclosure - ProShares Large Cap Core Plus N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>10510001 - Disclosure - ProShares Large Cap Core Plus N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>10610002 - Disclosure - ProShares Long Online Short Stores ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>10610003 - Disclosure - ProShares Long Online Short Stores ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>10610004 - Disclosure - ProShares Long Online Short Stores ETF Investment Strategy</link:definition>
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			<link:definition>10610005 - Disclosure - ProShares Long Online Short Stores ETF Investment Risks</link:definition>
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			<link:definition>10610006 - Disclosure - ProShares Long Online Short Stores ETF Performance Management</link:definition>
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			<link:definition>10620010 - Disclosure - ProShares Long Online Short Stores ETF Shareholder Fees</link:definition>
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			<link:definition>10620020 - Disclosure - ProShares Long Online Short Stores ETF Annual Fund Operating Expenses</link:definition>
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			<link:definition>10620030 - Disclosure - ProShares Long Online Short Stores ETF Expense Example</link:definition>
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			<link:definition>10620040 - Disclosure - ProShares Long Online Short Stores ETF Expense Example, No Redemption</link:definition>
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			<link:definition>10620045 - Disclosure - ProShares Long Online Short Stores ETF Risks Data</link:definition>
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			<link:definition>10620050 - Disclosure - ProShares Long Online Short Stores ETF Annual Total Returns</link:definition>
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			<link:definition>10620060 - Disclosure - ProShares Long Online Short Stores ETF Average Annual Total Returns</link:definition>
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			<link:definition>10620070 - Disclosure - ProShares Long Online Short Stores ETF Market Index Performance</link:definition>
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			<link:definition>10610000 - Disclosure - ProShares Long Online Short Stores ETF N-1A Cover</link:definition>
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			<link:definition>10610001 - Disclosure - ProShares Long Online Short Stores ETF N-1A Supplement</link:definition>
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			<link:definition>10710002 - Disclosure - ProShares Merger ETF Investment Objectives and Goals</link:definition>
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			<link:definition>10710003 - Disclosure - ProShares Merger ETF Fees and Expenses</link:definition>
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			<link:definition>10710004 - Disclosure - ProShares Merger ETF Investment Strategy</link:definition>
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			<link:definition>10710005 - Disclosure - ProShares Merger ETF Investment Risks</link:definition>
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			<link:definition>10710006 - Disclosure - ProShares Merger ETF Performance Management</link:definition>
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			<link:definition>10720010 - Disclosure - ProShares Merger ETF Shareholder Fees</link:definition>
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			<link:definition>10720020 - Disclosure - ProShares Merger ETF Annual Fund Operating Expenses</link:definition>
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			<link:definition>10720030 - Disclosure - ProShares Merger ETF Expense Example</link:definition>
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			<link:definition>10720040 - Disclosure - ProShares Merger ETF Expense Example, No Redemption</link:definition>
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			<link:definition>10720045 - Disclosure - ProShares Merger ETF Risks Data</link:definition>
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			<link:definition>10720050 - Disclosure - ProShares Merger ETF Annual Total Returns</link:definition>
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			<link:definition>10720060 - Disclosure - ProShares Merger ETF Average Annual Total Returns</link:definition>
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			<link:definition>10720070 - Disclosure - ProShares Merger ETF Market Index Performance</link:definition>
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			<link:definition>10710000 - Disclosure - ProShares Merger ETF N-1A Cover</link:definition>
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			<link:definition>10710001 - Disclosure - ProShares Merger ETF N-1A Supplement</link:definition>
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			<link:definition>10810002 - Disclosure - ProShares Metaverse ETF Investment Objectives and Goals</link:definition>
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			<link:definition>10810003 - Disclosure - ProShares Metaverse ETF Fees and Expenses</link:definition>
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			<link:definition>10810004 - Disclosure - ProShares Metaverse ETF Investment Strategy</link:definition>
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			<link:definition>10810005 - Disclosure - ProShares Metaverse ETF Investment Risks</link:definition>
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			<link:definition>10810006 - Disclosure - ProShares Metaverse ETF Performance Management</link:definition>
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			<link:definition>10820010 - Disclosure - ProShares Metaverse ETF Shareholder Fees</link:definition>
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			<link:definition>10820020 - Disclosure - ProShares Metaverse ETF Annual Fund Operating Expenses</link:definition>
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			<link:definition>10820030 - Disclosure - ProShares Metaverse ETF Expense Example</link:definition>
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			<link:definition>10820040 - Disclosure - ProShares Metaverse ETF Expense Example, No Redemption</link:definition>
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			<link:definition>10820045 - Disclosure - ProShares Metaverse ETF Risks Data</link:definition>
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			<link:definition>10820050 - Disclosure - ProShares Metaverse ETF Annual Total Returns</link:definition>
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			<link:definition>10820060 - Disclosure - ProShares Metaverse ETF Average Annual Total Returns</link:definition>
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			<link:definition>10820070 - Disclosure - ProShares Metaverse ETF Market Index Performance</link:definition>
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			<link:definition>10810000 - Disclosure - ProShares Metaverse ETF N-1A Cover</link:definition>
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			<link:definition>10910003 - Disclosure - ProShares MSCI EAFE Dividend Growers Fees and Expenses</link:definition>
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			<link:definition>10910004 - Disclosure - ProShares MSCI EAFE Dividend Growers Investment Strategy</link:definition>
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			<link:definition>11610005 - Disclosure - ProShares Nasdaq-100 High Income ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/116/role/PerformanceManagement" id="wwwProSharescom_116_PerformanceManagement">
			<link:definition>11610006 - Disclosure - ProShares Nasdaq-100 High Income ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/116/role/ShareholderFeesData" id="wwwProSharescom_116_ShareholderFeesData">
			<link:definition>11620010 - Disclosure - ProShares Nasdaq-100 High Income ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/116/role/OperatingExpensesData" id="wwwProSharescom_116_OperatingExpensesData">
			<link:definition>11620020 - Disclosure - ProShares Nasdaq-100 High Income ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/116/role/ExpenseExample" id="wwwProSharescom_116_ExpenseExample">
			<link:definition>11620030 - Disclosure - ProShares Nasdaq-100 High Income ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/116/role/ExpenseExampleNoRedemption" id="wwwProSharescom_116_ExpenseExampleNoRedemption">
			<link:definition>11620040 - Disclosure - ProShares Nasdaq-100 High Income ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/116/role/RiskTableData" id="wwwProSharescom_116_RiskTableData">
			<link:definition>11620045 - Disclosure - ProShares Nasdaq-100 High Income ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>11620050 - Disclosure - ProShares Nasdaq-100 High Income ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
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			<link:definition>11620060 - Disclosure - ProShares Nasdaq-100 High Income ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>11620070 - Disclosure - ProShares Nasdaq-100 High Income ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/116/role/N1aCover" id="wwwProSharescom_116_N1aCover">
			<link:definition>11610000 - Disclosure - ProShares Nasdaq-100 High Income ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/116/role/N1aSupplement" id="wwwProSharescom_116_N1aSupplement">
			<link:definition>11610001 - Disclosure - ProShares Nasdaq-100 High Income ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/117/role/RiskReturn" id="wwwProSharescom_117_RiskReturn">
			<link:definition>11710002 - Disclosure - ProShares On-Demand ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/117/role/FeesAndExpenses" id="wwwProSharescom_117_FeesAndExpenses">
			<link:definition>11710003 - Disclosure - ProShares On-Demand ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/InvestmentStrategy" id="wwwProSharescom_117_InvestmentStrategy">
			<link:definition>11710004 - Disclosure - ProShares On-Demand ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/InvestmentRisks" id="wwwProSharescom_117_InvestmentRisks">
			<link:definition>11710005 - Disclosure - ProShares On-Demand ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/PerformanceManagement" id="wwwProSharescom_117_PerformanceManagement">
			<link:definition>11710006 - Disclosure - ProShares On-Demand ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/ShareholderFeesData" id="wwwProSharescom_117_ShareholderFeesData">
			<link:definition>11720010 - Disclosure - ProShares On-Demand ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/OperatingExpensesData" id="wwwProSharescom_117_OperatingExpensesData">
			<link:definition>11720020 - Disclosure - ProShares On-Demand ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/ExpenseExample" id="wwwProSharescom_117_ExpenseExample">
			<link:definition>11720030 - Disclosure - ProShares On-Demand ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/ExpenseExampleNoRedemption" id="wwwProSharescom_117_ExpenseExampleNoRedemption">
			<link:definition>11720040 - Disclosure - ProShares On-Demand ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/RiskTableData" id="wwwProSharescom_117_RiskTableData">
			<link:definition>11720045 - Disclosure - ProShares On-Demand ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/117/role/BarChartData" id="wwwProSharescom_117_BarChartData">
			<link:definition>11720050 - Disclosure - ProShares On-Demand ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/PerformanceTableData" id="wwwProSharescom_117_PerformanceTableData">
			<link:definition>11720060 - Disclosure - ProShares On-Demand ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/MarketIndexPerformanceData" id="wwwProSharescom_117_MarketIndexPerformanceData">
			<link:definition>11720070 - Disclosure - ProShares On-Demand ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/N1aCover" id="wwwProSharescom_117_N1aCover">
			<link:definition>11710000 - Disclosure - ProShares On-Demand ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/117/role/N1aSupplement" id="wwwProSharescom_117_N1aSupplement">
			<link:definition>11710001 - Disclosure - ProShares On-Demand ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/RiskReturn" id="wwwProSharescom_118_RiskReturn">
			<link:definition>11810002 - Disclosure - ProShares Online Retail ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/FeesAndExpenses" id="wwwProSharescom_118_FeesAndExpenses">
			<link:definition>11810003 - Disclosure - ProShares Online Retail ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/InvestmentStrategy" id="wwwProSharescom_118_InvestmentStrategy">
			<link:definition>11810004 - Disclosure - ProShares Online Retail ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/InvestmentRisks" id="wwwProSharescom_118_InvestmentRisks">
			<link:definition>11810005 - Disclosure - ProShares Online Retail ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/PerformanceManagement" id="wwwProSharescom_118_PerformanceManagement">
			<link:definition>11810006 - Disclosure - ProShares Online Retail ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/ShareholderFeesData" id="wwwProSharescom_118_ShareholderFeesData">
			<link:definition>11820010 - Disclosure - ProShares Online Retail ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/OperatingExpensesData" id="wwwProSharescom_118_OperatingExpensesData">
			<link:definition>11820020 - Disclosure - ProShares Online Retail ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/ExpenseExample" id="wwwProSharescom_118_ExpenseExample">
			<link:definition>11820030 - Disclosure - ProShares Online Retail ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/ExpenseExampleNoRedemption" id="wwwProSharescom_118_ExpenseExampleNoRedemption">
			<link:definition>11820040 - Disclosure - ProShares Online Retail ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/RiskTableData" id="wwwProSharescom_118_RiskTableData">
			<link:definition>11820045 - Disclosure - ProShares Online Retail ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/BarChartData" id="wwwProSharescom_118_BarChartData">
			<link:definition>11820050 - Disclosure - ProShares Online Retail ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/PerformanceTableData" id="wwwProSharescom_118_PerformanceTableData">
			<link:definition>11820060 - Disclosure - ProShares Online Retail ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/MarketIndexPerformanceData" id="wwwProSharescom_118_MarketIndexPerformanceData">
			<link:definition>11820070 - Disclosure - ProShares Online Retail ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/N1aCover" id="wwwProSharescom_118_N1aCover">
			<link:definition>11810000 - Disclosure - ProShares Online Retail ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/118/role/N1aSupplement" id="wwwProSharescom_118_N1aSupplement">
			<link:definition>11810001 - Disclosure - ProShares Online Retail ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/119/role/RiskReturn" id="wwwProSharescom_119_RiskReturn">
			<link:definition>11910002 - Disclosure - ProShares Pet Care ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/119/role/FeesAndExpenses" id="wwwProSharescom_119_FeesAndExpenses">
			<link:definition>11910003 - Disclosure - ProShares Pet Care ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/119/role/InvestmentStrategy" id="wwwProSharescom_119_InvestmentStrategy">
			<link:definition>11910004 - Disclosure - ProShares Pet Care ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/119/role/InvestmentRisks" id="wwwProSharescom_119_InvestmentRisks">
			<link:definition>11910005 - Disclosure - ProShares Pet Care ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/119/role/PerformanceManagement" id="wwwProSharescom_119_PerformanceManagement">
			<link:definition>11910006 - Disclosure - ProShares Pet Care ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/119/role/ShareholderFeesData" id="wwwProSharescom_119_ShareholderFeesData">
			<link:definition>11920010 - Disclosure - ProShares Pet Care ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/119/role/OperatingExpensesData" id="wwwProSharescom_119_OperatingExpensesData">
			<link:definition>11920020 - Disclosure - ProShares Pet Care ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/119/role/ExpenseExample" id="wwwProSharescom_119_ExpenseExample">
			<link:definition>11920030 - Disclosure - ProShares Pet Care ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/119/role/ExpenseExampleNoRedemption" id="wwwProSharescom_119_ExpenseExampleNoRedemption">
			<link:definition>11920040 - Disclosure - ProShares Pet Care ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/119/role/RiskTableData" id="wwwProSharescom_119_RiskTableData">
			<link:definition>11920045 - Disclosure - ProShares Pet Care ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/119/role/BarChartData" id="wwwProSharescom_119_BarChartData">
			<link:definition>11920050 - Disclosure - ProShares Pet Care ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/119/role/PerformanceTableData" id="wwwProSharescom_119_PerformanceTableData">
			<link:definition>11920060 - Disclosure - ProShares Pet Care ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>12610000 - Disclosure - ProShares S and P 500 Ex-Energy ETF N-1A Cover</link:definition>
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			<link:definition>12710002 - Disclosure - ProShares S and P 500 Ex-Financials ETF Investment Objectives and Goals</link:definition>
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			<link:definition>12710003 - Disclosure - ProShares S and P 500 Ex-Financials ETF Fees and Expenses</link:definition>
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			<link:definition>12710004 - Disclosure - ProShares S and P 500 Ex-Financials ETF Investment Strategy</link:definition>
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			<link:definition>12710005 - Disclosure - ProShares S and P 500 Ex-Financials ETF Investment Risks</link:definition>
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			<link:definition>12720010 - Disclosure - ProShares S and P 500 Ex-Financials ETF Shareholder Fees</link:definition>
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			<link:definition>12720020 - Disclosure - ProShares S and P 500 Ex-Financials ETF Annual Fund Operating Expenses</link:definition>
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			<link:definition>12720030 - Disclosure - ProShares S and P 500 Ex-Financials ETF Expense Example</link:definition>
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			<link:definition>12720040 - Disclosure - ProShares S and P 500 Ex-Financials ETF Expense Example, No Redemption</link:definition>
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			<link:definition>12720070 - Disclosure - ProShares S and P 500 Ex-Financials ETF Market Index Performance</link:definition>
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			<link:definition>12710000 - Disclosure - ProShares S and P 500 Ex-Financials ETF N-1A Cover</link:definition>
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			<link:definition>12810004 - Disclosure - ProShares S and P 500 Ex-Health Care ETF Investment Strategy</link:definition>
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			<link:definition>12810005 - Disclosure - ProShares S and P 500 Ex-Health Care ETF Investment Risks</link:definition>
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			<link:definition>12810006 - Disclosure - ProShares S and P 500 Ex-Health Care ETF Performance Management</link:definition>
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			<link:definition>12820010 - Disclosure - ProShares S and P 500 Ex-Health Care ETF Shareholder Fees</link:definition>
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			<link:definition>12820020 - Disclosure - ProShares S and P 500 Ex-Health Care ETF Annual Fund Operating Expenses</link:definition>
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			<link:definition>12820030 - Disclosure - ProShares S and P 500 Ex-Health Care ETF Expense Example</link:definition>
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			<link:definition>12820070 - Disclosure - ProShares S and P 500 Ex-Health Care ETF Market Index Performance</link:definition>
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			<link:definition>12810000 - Disclosure - ProShares S and P 500 Ex-Health Care ETF N-1A Cover</link:definition>
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			<link:definition>12910003 - Disclosure - ProShares S and P 500 Ex-Technology ETF Fees and Expenses</link:definition>
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			<link:definition>12910004 - Disclosure - ProShares S and P 500 Ex-Technology ETF Investment Strategy</link:definition>
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			<link:definition>12910005 - Disclosure - ProShares S and P 500 Ex-Technology ETF Investment Risks</link:definition>
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			<link:definition>12910006 - Disclosure - ProShares S and P 500 Ex-Technology ETF Performance Management</link:definition>
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			<link:definition>12920010 - Disclosure - ProShares S and P 500 Ex-Technology ETF Shareholder Fees</link:definition>
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			<link:definition>12920020 - Disclosure - ProShares S and P 500 Ex-Technology ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>12920040 - Disclosure - ProShares S and P 500 Ex-Technology ETF Expense Example, No Redemption</link:definition>
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			<link:definition>12920045 - Disclosure - ProShares S and P 500 Ex-Technology ETF Risks Data</link:definition>
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			<link:definition>12920070 - Disclosure - ProShares S and P 500 Ex-Technology ETF Market Index Performance</link:definition>
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			<link:definition>12910000 - Disclosure - ProShares S and P 500 Ex-Technology ETF N-1A Cover</link:definition>
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			<link:definition>13010003 - Disclosure - ProShares S&amp;P 500 High Income ETF Fees and Expenses</link:definition>
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			<link:definition>13010006 - Disclosure - ProShares S&amp;P 500 High Income ETF Performance Management</link:definition>
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			<link:definition>13020010 - Disclosure - ProShares S&amp;P 500 High Income ETF Shareholder Fees</link:definition>
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			<link:definition>13020020 - Disclosure - ProShares S&amp;P 500 High Income ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>13020030 - Disclosure - ProShares S&amp;P 500 High Income ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>13020040 - Disclosure - ProShares S&amp;P 500 High Income ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/130/role/RiskTableData" id="wwwProSharescom_130_RiskTableData">
			<link:definition>13020045 - Disclosure - ProShares S&amp;P 500 High Income ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>13020050 - Disclosure - ProShares S&amp;P 500 High Income ETF Annual Total Returns</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>13020060 - Disclosure - ProShares S&amp;P 500 High Income ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>13020070 - Disclosure - ProShares S&amp;P 500 High Income ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>13010000 - Disclosure - ProShares S&amp;P 500 High Income ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>13010001 - Disclosure - ProShares S&amp;P 500 High Income ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>13110002 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/131/role/FeesAndExpenses" id="wwwProSharescom_131_FeesAndExpenses">
			<link:definition>13110003 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/131/role/InvestmentStrategy" id="wwwProSharescom_131_InvestmentStrategy">
			<link:definition>13110004 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/131/role/InvestmentRisks" id="wwwProSharescom_131_InvestmentRisks">
			<link:definition>13110005 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>13110006 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/131/role/ShareholderFeesData" id="wwwProSharescom_131_ShareholderFeesData">
			<link:definition>13120010 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/131/role/OperatingExpensesData" id="wwwProSharescom_131_OperatingExpensesData">
			<link:definition>13120020 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/131/role/ExpenseExample" id="wwwProSharescom_131_ExpenseExample">
			<link:definition>13120030 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/131/role/ExpenseExampleNoRedemption" id="wwwProSharescom_131_ExpenseExampleNoRedemption">
			<link:definition>13120040 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/131/role/RiskTableData" id="wwwProSharescom_131_RiskTableData">
			<link:definition>13120045 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>13120050 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>13120060 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>13120070 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>13110000 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/131/role/N1aSupplement" id="wwwProSharescom_131_N1aSupplement">
			<link:definition>13110001 - Disclosure - ProShares S&amp;P Global Core Battery Metals ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>13210002 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/132/role/FeesAndExpenses" id="wwwProSharescom_132_FeesAndExpenses">
			<link:definition>13210003 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/132/role/InvestmentStrategy" id="wwwProSharescom_132_InvestmentStrategy">
			<link:definition>13210004 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/132/role/InvestmentRisks" id="wwwProSharescom_132_InvestmentRisks">
			<link:definition>13210005 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/132/role/PerformanceManagement" id="wwwProSharescom_132_PerformanceManagement">
			<link:definition>13210006 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/132/role/ShareholderFeesData" id="wwwProSharescom_132_ShareholderFeesData">
			<link:definition>13220010 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/132/role/OperatingExpensesData" id="wwwProSharescom_132_OperatingExpensesData">
			<link:definition>13220020 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/132/role/ExpenseExample" id="wwwProSharescom_132_ExpenseExample">
			<link:definition>13220030 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/132/role/ExpenseExampleNoRedemption" id="wwwProSharescom_132_ExpenseExampleNoRedemption">
			<link:definition>13220040 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/132/role/RiskTableData" id="wwwProSharescom_132_RiskTableData">
			<link:definition>13220045 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/132/role/BarChartData" id="wwwProSharescom_132_BarChartData">
			<link:definition>13220050 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/132/role/PerformanceTableData" id="wwwProSharescom_132_PerformanceTableData">
			<link:definition>13220060 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/132/role/MarketIndexPerformanceData" id="wwwProSharescom_132_MarketIndexPerformanceData">
			<link:definition>13220070 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/132/role/N1aCover" id="wwwProSharescom_132_N1aCover">
			<link:definition>13210000 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/132/role/N1aSupplement" id="wwwProSharescom_132_N1aSupplement">
			<link:definition>13210001 - Disclosure - ProShares S&amp;P Kensho Cleantech ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/133/role/RiskReturn" id="wwwProSharescom_133_RiskReturn">
			<link:definition>13310002 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/133/role/FeesAndExpenses" id="wwwProSharescom_133_FeesAndExpenses">
			<link:definition>13310003 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/133/role/InvestmentStrategy" id="wwwProSharescom_133_InvestmentStrategy">
			<link:definition>13310004 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/133/role/InvestmentRisks" id="wwwProSharescom_133_InvestmentRisks">
			<link:definition>13310005 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/133/role/PerformanceManagement" id="wwwProSharescom_133_PerformanceManagement">
			<link:definition>13310006 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/133/role/ShareholderFeesData" id="wwwProSharescom_133_ShareholderFeesData">
			<link:definition>13320010 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/133/role/OperatingExpensesData" id="wwwProSharescom_133_OperatingExpensesData">
			<link:definition>13320020 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>13320030 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Expense Example</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>13320040 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/133/role/RiskTableData" id="wwwProSharescom_133_RiskTableData">
			<link:definition>13320045 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
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			<link:definition>13320050 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>13320060 - Disclosure - ProShares S&amp;P Kensho Smart Factories ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/133/role/MarketIndexPerformanceData" id="wwwProSharescom_133_MarketIndexPerformanceData">
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			<link:definition>14010001 - Disclosure - ProShares Short Ether ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14110002 - Disclosure - ProShares Ultra Bitcoin ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14110003 - Disclosure - ProShares Ultra Bitcoin ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14110004 - Disclosure - ProShares Ultra Bitcoin ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14110005 - Disclosure - ProShares Ultra Bitcoin ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>14110006 - Disclosure - ProShares Ultra Bitcoin ETF Performance Management</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/141/role/ShareholderFeesData" id="wwwProSharescom_141_ShareholderFeesData">
			<link:definition>14120010 - Disclosure - ProShares Ultra Bitcoin ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/141/role/OperatingExpensesData" id="wwwProSharescom_141_OperatingExpensesData">
			<link:definition>14120020 - Disclosure - ProShares Ultra Bitcoin ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14120030 - Disclosure - ProShares Ultra Bitcoin ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/141/role/ExpenseExampleNoRedemption" id="wwwProSharescom_141_ExpenseExampleNoRedemption">
			<link:definition>14120040 - Disclosure - ProShares Ultra Bitcoin ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/141/role/RiskTableData" id="wwwProSharescom_141_RiskTableData">
			<link:definition>14120045 - Disclosure - ProShares Ultra Bitcoin ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14120050 - Disclosure - ProShares Ultra Bitcoin ETF Annual Total Returns</link:definition>
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			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14120060 - Disclosure - ProShares Ultra Bitcoin ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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		<link:roleType roleURI="http://www.ProShares.com/141/role/MarketIndexPerformanceData" id="wwwProSharescom_141_MarketIndexPerformanceData">
			<link:definition>14120070 - Disclosure - ProShares Ultra Bitcoin ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14110000 - Disclosure - ProShares Ultra Bitcoin ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14110001 - Disclosure - ProShares Ultra Bitcoin ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14210002 - Disclosure - ProShares Ultra Ether ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14210003 - Disclosure - ProShares Ultra Ether ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14210004 - Disclosure - ProShares Ultra Ether ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14210005 - Disclosure - ProShares Ultra Ether ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14210006 - Disclosure - ProShares Ultra Ether ETF Performance Management</link:definition>
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			<link:definition>14220010 - Disclosure - ProShares Ultra Ether ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>14220020 - Disclosure - ProShares Ultra Ether ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>14220030 - Disclosure - ProShares Ultra Ether ETF Expense Example</link:definition>
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			<link:definition>14220040 - Disclosure - ProShares Ultra Ether ETF Expense Example, No Redemption</link:definition>
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			<link:definition>14220045 - Disclosure - ProShares Ultra Ether ETF Risks Data</link:definition>
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			<link:definition>14220050 - Disclosure - ProShares Ultra Ether ETF Annual Total Returns</link:definition>
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			<link:definition>14220060 - Disclosure - ProShares Ultra Ether ETF Average Annual Total Returns</link:definition>
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			<link:definition>14220070 - Disclosure - ProShares Ultra Ether ETF Market Index Performance</link:definition>
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			<link:definition>14210000 - Disclosure - ProShares Ultra Ether ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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			<link:definition>14210001 - Disclosure - ProShares Ultra Ether ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>14310002 - Disclosure - ProShares UltraShort Bitcoin ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>14310004 - Disclosure - ProShares UltraShort Bitcoin ETF Investment Strategy</link:definition>
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			<link:definition>14310005 - Disclosure - ProShares UltraShort Bitcoin ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>14310006 - Disclosure - ProShares UltraShort Bitcoin ETF Performance Management</link:definition>
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			<link:definition>14320010 - Disclosure - ProShares UltraShort Bitcoin ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>14320020 - Disclosure - ProShares UltraShort Bitcoin ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>14310000 - Disclosure - ProShares UltraShort Bitcoin ETF N-1A Cover</link:definition>
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			<link:definition>14310001 - Disclosure - ProShares UltraShort Bitcoin ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
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			<link:definition>14410006 - Disclosure - ProShares UltraShort Ether ETF Performance Management</link:definition>
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			<link:definition>14420010 - Disclosure - ProShares UltraShort Ether ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>14420020 - Disclosure - ProShares UltraShort Ether ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
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			<link:definition>14420030 - Disclosure - ProShares UltraShort Ether ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/144/role/ExpenseExampleNoRedemption" id="wwwProSharescom_144_ExpenseExampleNoRedemption">
			<link:definition>14420040 - Disclosure - ProShares UltraShort Ether ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/144/role/RiskTableData" id="wwwProSharescom_144_RiskTableData">
			<link:definition>14420045 - Disclosure - ProShares UltraShort Ether ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/144/role/BarChartData" id="wwwProSharescom_144_BarChartData">
			<link:definition>14420050 - Disclosure - ProShares UltraShort Ether ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/144/role/PerformanceTableData" id="wwwProSharescom_144_PerformanceTableData">
			<link:definition>14420060 - Disclosure - ProShares UltraShort Ether ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/144/role/MarketIndexPerformanceData" id="wwwProSharescom_144_MarketIndexPerformanceData">
			<link:definition>14420070 - Disclosure - ProShares UltraShort Ether ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/144/role/N1aCover" id="wwwProSharescom_144_N1aCover">
			<link:definition>14410000 - Disclosure - ProShares UltraShort Ether ETF N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/144/role/N1aSupplement" id="wwwProSharescom_144_N1aSupplement">
			<link:definition>14410001 - Disclosure - ProShares UltraShort Ether ETF N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/RiskReturn" id="wwwProSharescom_145_RiskReturn">
			<link:definition>14510002 - Disclosure - ProShares Ultra COIN Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/FeesAndExpenses" id="wwwProSharescom_145_FeesAndExpenses">
			<link:definition>14510003 - Disclosure - ProShares Ultra COIN Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/InvestmentStrategy" id="wwwProSharescom_145_InvestmentStrategy">
			<link:definition>14510004 - Disclosure - ProShares Ultra COIN Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/InvestmentRisks" id="wwwProSharescom_145_InvestmentRisks">
			<link:definition>14510005 - Disclosure - ProShares Ultra COIN Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/PerformanceManagement" id="wwwProSharescom_145_PerformanceManagement">
			<link:definition>14510006 - Disclosure - ProShares Ultra COIN Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/ShareholderFeesData" id="wwwProSharescom_145_ShareholderFeesData">
			<link:definition>14520010 - Disclosure - ProShares Ultra COIN Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/OperatingExpensesData" id="wwwProSharescom_145_OperatingExpensesData">
			<link:definition>14520020 - Disclosure - ProShares Ultra COIN Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/ExpenseExample" id="wwwProSharescom_145_ExpenseExample">
			<link:definition>14520030 - Disclosure - ProShares Ultra COIN Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/ExpenseExampleNoRedemption" id="wwwProSharescom_145_ExpenseExampleNoRedemption">
			<link:definition>14520040 - Disclosure - ProShares Ultra COIN Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/RiskTableData" id="wwwProSharescom_145_RiskTableData">
			<link:definition>14520045 - Disclosure - ProShares Ultra COIN Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/BarChartData" id="wwwProSharescom_145_BarChartData">
			<link:definition>14520050 - Disclosure - ProShares Ultra COIN Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/PerformanceTableData" id="wwwProSharescom_145_PerformanceTableData">
			<link:definition>14520060 - Disclosure - ProShares Ultra COIN Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/MarketIndexPerformanceData" id="wwwProSharescom_145_MarketIndexPerformanceData">
			<link:definition>14520070 - Disclosure - ProShares Ultra COIN Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/N1aCover" id="wwwProSharescom_145_N1aCover">
			<link:definition>14510000 - Disclosure - ProShares Ultra COIN N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/145/role/N1aSupplement" id="wwwProSharescom_145_N1aSupplement">
			<link:definition>14510001 - Disclosure - ProShares Ultra COIN N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/RiskReturn" id="wwwProSharescom_146_RiskReturn">
			<link:definition>14610002 - Disclosure - ProShares Ultra CRCL Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/FeesAndExpenses" id="wwwProSharescom_146_FeesAndExpenses">
			<link:definition>14610003 - Disclosure - ProShares Ultra CRCL Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/InvestmentStrategy" id="wwwProSharescom_146_InvestmentStrategy">
			<link:definition>14610004 - Disclosure - ProShares Ultra CRCL Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/InvestmentRisks" id="wwwProSharescom_146_InvestmentRisks">
			<link:definition>14610005 - Disclosure - ProShares Ultra CRCL Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/PerformanceManagement" id="wwwProSharescom_146_PerformanceManagement">
			<link:definition>14610006 - Disclosure - ProShares Ultra CRCL Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/ShareholderFeesData" id="wwwProSharescom_146_ShareholderFeesData">
			<link:definition>14620010 - Disclosure - ProShares Ultra CRCL Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/OperatingExpensesData" id="wwwProSharescom_146_OperatingExpensesData">
			<link:definition>14620020 - Disclosure - ProShares Ultra CRCL Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/ExpenseExample" id="wwwProSharescom_146_ExpenseExample">
			<link:definition>14620030 - Disclosure - ProShares Ultra CRCL Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/ExpenseExampleNoRedemption" id="wwwProSharescom_146_ExpenseExampleNoRedemption">
			<link:definition>14620040 - Disclosure - ProShares Ultra CRCL Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/RiskTableData" id="wwwProSharescom_146_RiskTableData">
			<link:definition>14620045 - Disclosure - ProShares Ultra CRCL Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/BarChartData" id="wwwProSharescom_146_BarChartData">
			<link:definition>14620050 - Disclosure - ProShares Ultra CRCL Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/PerformanceTableData" id="wwwProSharescom_146_PerformanceTableData">
			<link:definition>14620060 - Disclosure - ProShares Ultra CRCL Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/MarketIndexPerformanceData" id="wwwProSharescom_146_MarketIndexPerformanceData">
			<link:definition>14620070 - Disclosure - ProShares Ultra CRCL Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/N1aCover" id="wwwProSharescom_146_N1aCover">
			<link:definition>14610000 - Disclosure - ProShares Ultra CRCL N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/146/role/N1aSupplement" id="wwwProSharescom_146_N1aSupplement">
			<link:definition>14610001 - Disclosure - ProShares Ultra CRCL N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/RiskReturn" id="wwwProSharescom_147_RiskReturn">
			<link:definition>14710002 - Disclosure - ProShares Ultra MSTR Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/FeesAndExpenses" id="wwwProSharescom_147_FeesAndExpenses">
			<link:definition>14710003 - Disclosure - ProShares Ultra MSTR Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/InvestmentStrategy" id="wwwProSharescom_147_InvestmentStrategy">
			<link:definition>14710004 - Disclosure - ProShares Ultra MSTR Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/InvestmentRisks" id="wwwProSharescom_147_InvestmentRisks">
			<link:definition>14710005 - Disclosure - ProShares Ultra MSTR Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/PerformanceManagement" id="wwwProSharescom_147_PerformanceManagement">
			<link:definition>14710006 - Disclosure - ProShares Ultra MSTR Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/ShareholderFeesData" id="wwwProSharescom_147_ShareholderFeesData">
			<link:definition>14720010 - Disclosure - ProShares Ultra MSTR Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/OperatingExpensesData" id="wwwProSharescom_147_OperatingExpensesData">
			<link:definition>14720020 - Disclosure - ProShares Ultra MSTR Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/ExpenseExample" id="wwwProSharescom_147_ExpenseExample">
			<link:definition>14720030 - Disclosure - ProShares Ultra MSTR Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/ExpenseExampleNoRedemption" id="wwwProSharescom_147_ExpenseExampleNoRedemption">
			<link:definition>14720040 - Disclosure - ProShares Ultra MSTR Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/RiskTableData" id="wwwProSharescom_147_RiskTableData">
			<link:definition>14720045 - Disclosure - ProShares Ultra MSTR Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/BarChartData" id="wwwProSharescom_147_BarChartData">
			<link:definition>14720050 - Disclosure - ProShares Ultra MSTR Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/PerformanceTableData" id="wwwProSharescom_147_PerformanceTableData">
			<link:definition>14720060 - Disclosure - ProShares Ultra MSTR Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/MarketIndexPerformanceData" id="wwwProSharescom_147_MarketIndexPerformanceData">
			<link:definition>14720070 - Disclosure - ProShares Ultra MSTR Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/N1aCover" id="wwwProSharescom_147_N1aCover">
			<link:definition>14710000 - Disclosure - ProShares Ultra MSTR N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/147/role/N1aSupplement" id="wwwProSharescom_147_N1aSupplement">
			<link:definition>14710001 - Disclosure - ProShares Ultra MSTR N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/RiskReturn" id="wwwProSharescom_148_RiskReturn">
			<link:definition>14810002 - Disclosure - ProShares Ultra NVDA Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/FeesAndExpenses" id="wwwProSharescom_148_FeesAndExpenses">
			<link:definition>14810003 - Disclosure - ProShares Ultra NVDA Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/InvestmentStrategy" id="wwwProSharescom_148_InvestmentStrategy">
			<link:definition>14810004 - Disclosure - ProShares Ultra NVDA Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/InvestmentRisks" id="wwwProSharescom_148_InvestmentRisks">
			<link:definition>14810005 - Disclosure - ProShares Ultra NVDA Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/PerformanceManagement" id="wwwProSharescom_148_PerformanceManagement">
			<link:definition>14810006 - Disclosure - ProShares Ultra NVDA Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/ShareholderFeesData" id="wwwProSharescom_148_ShareholderFeesData">
			<link:definition>14820010 - Disclosure - ProShares Ultra NVDA Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/OperatingExpensesData" id="wwwProSharescom_148_OperatingExpensesData">
			<link:definition>14820020 - Disclosure - ProShares Ultra NVDA Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/ExpenseExample" id="wwwProSharescom_148_ExpenseExample">
			<link:definition>14820030 - Disclosure - ProShares Ultra NVDA Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/ExpenseExampleNoRedemption" id="wwwProSharescom_148_ExpenseExampleNoRedemption">
			<link:definition>14820040 - Disclosure - ProShares Ultra NVDA Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/RiskTableData" id="wwwProSharescom_148_RiskTableData">
			<link:definition>14820045 - Disclosure - ProShares Ultra NVDA Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/BarChartData" id="wwwProSharescom_148_BarChartData">
			<link:definition>14820050 - Disclosure - ProShares Ultra NVDA Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/PerformanceTableData" id="wwwProSharescom_148_PerformanceTableData">
			<link:definition>14820060 - Disclosure - ProShares Ultra NVDA Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/MarketIndexPerformanceData" id="wwwProSharescom_148_MarketIndexPerformanceData">
			<link:definition>14820070 - Disclosure - ProShares Ultra NVDA Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/N1aCover" id="wwwProSharescom_148_N1aCover">
			<link:definition>14810000 - Disclosure - ProShares Ultra NVDA N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/148/role/N1aSupplement" id="wwwProSharescom_148_N1aSupplement">
			<link:definition>14810001 - Disclosure - ProShares Ultra NVDA N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/RiskReturn" id="wwwProSharescom_149_RiskReturn">
			<link:definition>14910002 - Disclosure - ProShares Ultra PLTR Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/FeesAndExpenses" id="wwwProSharescom_149_FeesAndExpenses">
			<link:definition>14910003 - Disclosure - ProShares Ultra PLTR Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/InvestmentStrategy" id="wwwProSharescom_149_InvestmentStrategy">
			<link:definition>14910004 - Disclosure - ProShares Ultra PLTR Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/InvestmentRisks" id="wwwProSharescom_149_InvestmentRisks">
			<link:definition>14910005 - Disclosure - ProShares Ultra PLTR Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/PerformanceManagement" id="wwwProSharescom_149_PerformanceManagement">
			<link:definition>14910006 - Disclosure - ProShares Ultra PLTR Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/ShareholderFeesData" id="wwwProSharescom_149_ShareholderFeesData">
			<link:definition>14920010 - Disclosure - ProShares Ultra PLTR Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/OperatingExpensesData" id="wwwProSharescom_149_OperatingExpensesData">
			<link:definition>14920020 - Disclosure - ProShares Ultra PLTR Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/ExpenseExample" id="wwwProSharescom_149_ExpenseExample">
			<link:definition>14920030 - Disclosure - ProShares Ultra PLTR Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/ExpenseExampleNoRedemption" id="wwwProSharescom_149_ExpenseExampleNoRedemption">
			<link:definition>14920040 - Disclosure - ProShares Ultra PLTR Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/RiskTableData" id="wwwProSharescom_149_RiskTableData">
			<link:definition>14920045 - Disclosure - ProShares Ultra PLTR Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/BarChartData" id="wwwProSharescom_149_BarChartData">
			<link:definition>14920050 - Disclosure - ProShares Ultra PLTR Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/PerformanceTableData" id="wwwProSharescom_149_PerformanceTableData">
			<link:definition>14920060 - Disclosure - ProShares Ultra PLTR Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/MarketIndexPerformanceData" id="wwwProSharescom_149_MarketIndexPerformanceData">
			<link:definition>14920070 - Disclosure - ProShares Ultra PLTR Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/N1aCover" id="wwwProSharescom_149_N1aCover">
			<link:definition>14910000 - Disclosure - ProShares Ultra PLTR N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/149/role/N1aSupplement" id="wwwProSharescom_149_N1aSupplement">
			<link:definition>14910001 - Disclosure - ProShares Ultra PLTR N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/RiskReturn" id="wwwProSharescom_150_RiskReturn">
			<link:definition>15010002 - Disclosure - ProShares Ultra TSLA Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/FeesAndExpenses" id="wwwProSharescom_150_FeesAndExpenses">
			<link:definition>15010003 - Disclosure - ProShares Ultra TSLA Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/InvestmentStrategy" id="wwwProSharescom_150_InvestmentStrategy">
			<link:definition>15010004 - Disclosure - ProShares Ultra TSLA Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/InvestmentRisks" id="wwwProSharescom_150_InvestmentRisks">
			<link:definition>15010005 - Disclosure - ProShares Ultra TSLA Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/PerformanceManagement" id="wwwProSharescom_150_PerformanceManagement">
			<link:definition>15010006 - Disclosure - ProShares Ultra TSLA Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/ShareholderFeesData" id="wwwProSharescom_150_ShareholderFeesData">
			<link:definition>15020010 - Disclosure - ProShares Ultra TSLA Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/OperatingExpensesData" id="wwwProSharescom_150_OperatingExpensesData">
			<link:definition>15020020 - Disclosure - ProShares Ultra TSLA Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/ExpenseExample" id="wwwProSharescom_150_ExpenseExample">
			<link:definition>15020030 - Disclosure - ProShares Ultra TSLA Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/ExpenseExampleNoRedemption" id="wwwProSharescom_150_ExpenseExampleNoRedemption">
			<link:definition>15020040 - Disclosure - ProShares Ultra TSLA Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/RiskTableData" id="wwwProSharescom_150_RiskTableData">
			<link:definition>15020045 - Disclosure - ProShares Ultra TSLA Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/BarChartData" id="wwwProSharescom_150_BarChartData">
			<link:definition>15020050 - Disclosure - ProShares Ultra TSLA Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/PerformanceTableData" id="wwwProSharescom_150_PerformanceTableData">
			<link:definition>15020060 - Disclosure - ProShares Ultra TSLA Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/MarketIndexPerformanceData" id="wwwProSharescom_150_MarketIndexPerformanceData">
			<link:definition>15020070 - Disclosure - ProShares Ultra TSLA Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/N1aCover" id="wwwProSharescom_150_N1aCover">
			<link:definition>15010000 - Disclosure - ProShares Ultra TSLA N-1A Cover</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/150/role/N1aSupplement" id="wwwProSharescom_150_N1aSupplement">
			<link:definition>15010001 - Disclosure - ProShares Ultra TSLA N-1A Supplement</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/RiskReturn" id="wwwProSharescom_151_RiskReturn">
			<link:definition>15110002 - Disclosure - ProShares Genius Money Market ETF Investment Objectives and Goals</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/FeesAndExpenses" id="wwwProSharescom_151_FeesAndExpenses">
			<link:definition>15110003 - Disclosure - ProShares Genius Money Market ETF Fees and Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/InvestmentStrategy" id="wwwProSharescom_151_InvestmentStrategy">
			<link:definition>15110004 - Disclosure - ProShares Genius Money Market ETF Investment Strategy</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/InvestmentRisks" id="wwwProSharescom_151_InvestmentRisks">
			<link:definition>15110005 - Disclosure - ProShares Genius Money Market ETF Investment Risks</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/PerformanceManagement" id="wwwProSharescom_151_PerformanceManagement">
			<link:definition>15110006 - Disclosure - ProShares Genius Money Market ETF Performance Management</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/ShareholderFeesData" id="wwwProSharescom_151_ShareholderFeesData">
			<link:definition>15120010 - Disclosure - ProShares Genius Money Market ETF Shareholder Fees</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/OperatingExpensesData" id="wwwProSharescom_151_OperatingExpensesData">
			<link:definition>15120020 - Disclosure - ProShares Genius Money Market ETF Annual Fund Operating Expenses</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/ExpenseExample" id="wwwProSharescom_151_ExpenseExample">
			<link:definition>15120030 - Disclosure - ProShares Genius Money Market ETF Expense Example</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/ExpenseExampleNoRedemption" id="wwwProSharescom_151_ExpenseExampleNoRedemption">
			<link:definition>15120040 - Disclosure - ProShares Genius Money Market ETF Expense Example, No Redemption</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/RiskTableData" id="wwwProSharescom_151_RiskTableData">
			<link:definition>15120045 - Disclosure - ProShares Genius Money Market ETF Risks Data</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/BarChartData" id="wwwProSharescom_151_BarChartData">
			<link:definition>15120050 - Disclosure - ProShares Genius Money Market ETF Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/PerformanceTableData" id="wwwProSharescom_151_PerformanceTableData">
			<link:definition>15120060 - Disclosure - ProShares Genius Money Market ETF Average Annual Total Returns</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
			<link:usedOn>link:calculationLink</link:usedOn>
		</link:roleType>
		<link:roleType roleURI="http://www.ProShares.com/151/role/MarketIndexPerformanceData" id="wwwProSharescom_151_MarketIndexPerformanceData">
			<link:definition>15120070 - Disclosure - ProShares Genius Money Market ETF Market Index Performance</link:definition>
			<link:usedOn>link:presentationLink</link:usedOn>
			<link:usedOn>link:definitionLink</link:usedOn>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" xlink:label="MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ManagementFeesOverAssets" use="optional" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component1OtherExpensesOverAssets" use="optional" order="5.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumCumulativeSalesChargeOverOfferingPrice" xlink:label="MaximumCumulativeSalesChargeOverOfferingPrice" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumCumulativeSalesChargeOverOfferingPrice" use="optional" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumCumulativeSalesChargeOverOther" xlink:label="MaximumCumulativeSalesChargeOverOther" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" xlink:label="MaximumSalesChargeImposedOnPurchasesOverOfferingPrice" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumDeferredSalesChargeOverOfferingPrice" xlink:label="MaximumDeferredSalesChargeOverOfferingPrice" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumDeferredSalesChargeOverOfferingPrice" use="optional" order="5.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumDeferredSalesChargeOverOther" use="optional" order="6.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther" xlink:label="MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_RedemptionFeeOverRedemption" xlink:label="RedemptionFeeOverRedemption" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="RedemptionFeeOverRedemption" use="optional" order="8.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_RedemptionFee" xlink:label="RedemptionFee" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ExchangeFeeOverRedemption" xlink:label="ExchangeFeeOverRedemption" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ExchangeFee" xlink:label="ExchangeFee" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumAccountFeeOverAssets" xlink:label="MaximumAccountFeeOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumAccountFeeOverAssets" use="optional" order="12.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumAccountFee" xlink:label="MaximumAccountFee" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="MaximumAccountFee" use="optional" order="13.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ShareholderFeeOther" xlink:label="ShareholderFeeOther" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ShareholderFeeOther" use="optional" order="14.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ClassAxis" xlink:label="ClassAxis" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="ClassAxis" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ShareClassDomain" xlink:label="ShareClassDomain" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ShareholderFeesAbstract" xlink:label="ShareholderFeesAbstract" />
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			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/3/role/OperatingExpensesData" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase">
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationDocumentAxis" xlink:label="DocumentInformationDocumentAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="CoregistrantAxis" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityDomain" xlink:label="EntityDomain" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ProspectusLineItems" xlink:label="ProspectusLineItems" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AcquiredFundFeesAndExpensesOverAssets" xlink:label="AcquiredFundFeesAndExpensesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ExpensesOverAssets" xlink:label="ExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ExpensesOverAssets" use="optional" order="10.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_FeeWaiverOrReimbursementOverAssets" xlink:label="FeeWaiverOrReimbursementOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="FeeWaiverOrReimbursementOverAssets" use="optional" order="11.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_NetExpensesOverAssets" xlink:label="NetExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="NetExpensesOverAssets" use="optional" order="12.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther" xlink:label="MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ManagementFeesOverAssets" use="optional" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ManagementFeesOverAssets" use="optional" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AcquiredFundFeesAndExpensesOverAssets" xlink:label="AcquiredFundFeesAndExpensesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumDeferredSalesChargeOverOfferingPrice" xlink:label="MaximumDeferredSalesChargeOverOfferingPrice" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ProspectusLineItems" xlink:label="ProspectusLineItems" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="ProspectusLineItems" order="5.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ManagementFeesOverAssets" use="optional" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component1OtherExpensesOverAssets" use="optional" order="5.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component3OtherExpensesOverAssets" xlink:label="Component3OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component3OtherExpensesOverAssets" use="optional" order="7.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AcquiredFundFeesAndExpensesOverAssets" xlink:label="AcquiredFundFeesAndExpensesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component1OtherExpensesOverAssets" use="optional" order="5.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component3OtherExpensesOverAssets" xlink:label="Component3OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component3OtherExpensesOverAssets" use="optional" order="7.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component3OtherExpensesOverAssets" use="optional" order="7.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component3OtherExpensesOverAssets" use="optional" order="7.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AcquiredFundFeesAndExpensesOverAssets" xlink:label="AcquiredFundFeesAndExpensesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ProspectusLineItems" xlink:label="ProspectusLineItems" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component1OtherExpensesOverAssets" use="optional" order="5.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component3OtherExpensesOverAssets" use="optional" order="7.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AcquiredFundFeesAndExpensesOverAssets" xlink:label="AcquiredFundFeesAndExpensesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ManagementFeesOverAssets" use="optional" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component1OtherExpensesOverAssets" use="optional" order="5.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component3OtherExpensesOverAssets" use="optional" order="7.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="FeeWaiverOrReimbursementOverAssets" use="optional" order="11.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ProspectusLineItems" xlink:label="ProspectusLineItems" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component1OtherExpensesOverAssets" use="optional" order="5.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AcquiredFundFeesAndExpensesOverAssets" xlink:label="AcquiredFundFeesAndExpensesOverAssets" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="FeeWaiverOrReimbursementOverAssets" use="optional" order="11.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther" xlink:label="MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ShareholderFeeOther" xlink:label="ShareholderFeeOther" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="FeeWaiverOrReimbursementOverAssets" use="optional" order="11.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component1OtherExpensesOverAssets" use="optional" order="5.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component3OtherExpensesOverAssets" use="optional" order="7.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AcquiredFundFeesAndExpensesOverAssets" xlink:label="AcquiredFundFeesAndExpensesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusTable" xlink:to="ProspectusLineItems" order="5.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="OperatingExpensesColumnName" use="optional" order="1.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="ManagementFeesOverAssets" use="optional" order="2.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component1OtherExpensesOverAssets" use="optional" order="5.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component3OtherExpensesOverAssets" xlink:label="Component3OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component3OtherExpensesOverAssets" use="optional" order="7.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AcquiredFundFeesAndExpensesOverAssets" xlink:label="AcquiredFundFeesAndExpensesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_OperatingExpensesColumnName" xlink:label="OperatingExpensesColumnName" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ManagementFeesOverAssets" xlink:label="ManagementFeesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionAndService12b1FeesOverAssets" xlink:label="DistributionAndService12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionAndService12b1FeesOverAssets" use="optional" order="3.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_DistributionOrSimilarNon12b1FeesOverAssets" xlink:label="DistributionOrSimilarNon12b1FeesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="DistributionOrSimilarNon12b1FeesOverAssets" use="optional" order="4.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component1OtherExpensesOverAssets" xlink:label="Component1OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component1OtherExpensesOverAssets" use="optional" order="5.0" priority="1" />
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component2OtherExpensesOverAssets" use="optional" order="6.0" priority="1" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_Component3OtherExpensesOverAssets" xlink:label="Component3OtherExpensesOverAssets" />
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ProspectusLineItems" xlink:to="Component3OtherExpensesOverAssets" use="optional" order="7.0" priority="1" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AcquiredFundFeesAndExpensesOverAssets" xlink:label="AcquiredFundFeesAndExpensesOverAssets" />
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ClassAxis" xlink:label="ClassAxis"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_FTSEChina50IndexMember" xlink:label="FTSEChina50IndexMember"/>
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			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/5/role/PerformanceManagement">			   
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ClassAxis" xlink:label="ClassAxis"/>
				<link:loc xlink:type="locator" xlink:href="#pt_C000051849Member" xlink:label="C000051849Member"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ClassAxis" xlink:to="C000051849Member" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllRisksMember" xlink:label="AllRisksMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_InverseCorrelationRiskMember" xlink:label="InverseCorrelationRiskMember"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="InverseCorrelationRiskMember" order="70.0" />
				<link:loc xlink:type="locator" xlink:href="#pt_HoldingPeriodRiskMember" xlink:label="HoldingPeriodRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_CounterpartyRiskMember" xlink:label="CounterpartyRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_LeverageRiskMember" xlink:label="LeverageRiskMember"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="LeverageRiskMember" order="75.0" />
				<link:loc xlink:type="locator" xlink:href="#pt_ChineseInvestmentRiskMember" xlink:label="ChineseInvestmentRiskMember"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="ChineseInvestmentRiskMember" order="76.0" preferredLabel="http://www.xbrl.org/2003/role/label"/>
				<link:loc xlink:type="locator" xlink:href="#pt_EquityRiskMember" xlink:label="EquityRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_ForeignCurrencyRiskMember" xlink:label="ForeignCurrencyRiskMember"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="ForeignCurrencyRiskMember" order="78.0" preferredLabel="http://www.xbrl.org/2003/role/label"/>
				<link:loc xlink:type="locator" xlink:href="#pt_ForeignEMMarketsRiskMember" xlink:label="ForeignEMMarketsRiskMember"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="ForeignEMMarketsRiskMember" order="79.0" preferredLabel="http://www.xbrl.org/2003/role/label"/>
				<link:loc xlink:type="locator" xlink:href="#pt_MoneyMarketRiskMember" xlink:label="MoneyMarketRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_CommunicationServicesRiskMember" xlink:label="CommunicationServicesRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_ConsumerDiscretionaryRiskMember" xlink:label="ConsumerDiscretionaryRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_GeographicConcentrationRiskMember" xlink:label="GeographicConcentrationRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_IndexPerformanceRiskMember" xlink:label="IndexPerformanceRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_IntradayPriceRiskMember" xlink:label="IntradayPriceRiskMember"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="IntradayPriceRiskMember" order="87.0" />
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				<link:loc xlink:type="locator" xlink:href="#pt_EarlyCloseLateCloseTradingHaltRiskMember" xlink:label="EarlyCloseLateCloseTradingHaltRiskMember"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="AllRisksMember" xlink:to="EarlyCloseLateCloseTradingHaltRiskMember" order="89.0" />
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/5/role/InvestmentStrategy">
			    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationDocumentAxis" xlink:label="DocumentInformationDocumentAxis"/>
				
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000018719Member" xlink:label="S000018719Member"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="S000018719Member" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/5/role/FeesAndExpenses">
			    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationDocumentAxis" xlink:label="DocumentInformationDocumentAxis"/>
				
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000018719Member" xlink:label="S000018719Member"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="S000018719Member" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/5/role/N1aCover">
			    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationDocumentAxis" xlink:label="DocumentInformationDocumentAxis"/>
								
			</link:presentationLink>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000018719Member" xlink:label="S000018719Member"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="S000018719Member" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ClassAxis" xlink:label="ClassAxis"/>
				<link:loc xlink:type="locator" xlink:href="#pt_C000051849Member" xlink:label="C000051849Member"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ClassAxis" xlink:to="C000051849Member" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/rr/role/InvestmentStrategy">
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationDocumentAxis" xlink:label="DocumentInformationDocumentAxis"/>
				
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="S000018719Member" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/6/role/RiskReturn">
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>				
 				<link:loc xlink:type="locator" xlink:href="#pt_S000018723Member" xlink:label="S000018723Member"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="S000018723Member" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
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			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/6/role/ShareholderFeesData">
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ClassAxis" xlink:to="C000051853Member" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
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			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/6/role/OperatingExpensesData">
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
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			</link:presentationLink>
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				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="S000018727Member" order="83.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ClassAxis" xlink:label="ClassAxis"/>
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			</link:presentationLink>
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			    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationDocumentAxis" xlink:label="DocumentInformationDocumentAxis"/>
				
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ClassAxis" xlink:label="ClassAxis"/>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
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			    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationDocumentAxis" xlink:label="DocumentInformationDocumentAxis"/>
				
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_InverseCorrelationRiskMember" xlink:label="InverseCorrelationRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_EquityRiskMember" xlink:label="EquityRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_ForeignCurrencyRiskMember" xlink:label="ForeignCurrencyRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_SouthKoreanInvestmentRiskMember" xlink:label="SouthKoreanInvestmentRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_TaiwanInvestmentRiskMember" xlink:label="TaiwanInvestmentRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_IntradayPriceRiskMember" xlink:label="IntradayPriceRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_MarketPriceRiskMember" xlink:label="MarketPriceRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_EarlyCloseLateCloseTradingHaltRiskMember" xlink:label="EarlyCloseLateCloseTradingHaltRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/82/role/InvestmentStrategy">
			    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentInformationDocumentAxis" xlink:label="DocumentInformationDocumentAxis"/>
				
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000018727Member" xlink:label="S000018727Member"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="S000018727Member" order="83.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/82/role/FeesAndExpenses">
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000018727Member" xlink:label="S000018727Member"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="S000018727Member" order="83.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
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			</link:presentationLink>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ClassAxis" xlink:label="ClassAxis"/>
				<link:loc xlink:type="locator" xlink:href="#pt_C000051857Member" xlink:label="C000051857Member"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="ClassAxis" xlink:to="C000051857Member" order="83.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/rr/role/InvestmentStrategy">
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000018727Member" xlink:label="S000018727Member"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="S000018727Member" order="83.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/83/role/RiskReturn">
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>				
 				<link:loc xlink:type="locator" xlink:href="#pt_S000018728Member" xlink:label="S000018728Member"/>
				<link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="LegalEntityAxis" xlink:to="S000018728Member" order="84.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_CoregistrantAxis" xlink:label="CoregistrantAxis"/>
				
			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/83/role/ShareholderFeesData">
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis"/>
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			</link:presentationLink>
			<link:presentationLink xlink:type="extended" xlink:role="http://www.ProShares.com/83/role/OperatingExpensesData">
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				<link:loc xlink:type="locator" xlink:href="#pt_LiquidityRiskMember" xlink:label="LiquidityRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_BitcoinRiskMember" xlink:label="BitcoinRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_BorrowingRiskMember" xlink:label="BorrowingRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_AuthorizedParticipantRiskMember" xlink:label="AuthorizedParticipantRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_FuturesRiskMember" xlink:label="FuturesRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="FuturesRiskMember" order="123.0"/>
				<link:loc xlink:type="locator" xlink:href="#pt_EtherRiskMember" xlink:label="EtherRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="EtherRiskMember" order="124.0"/>
				<link:loc xlink:type="locator" xlink:href="#pt_CRCLInvestmentRiskMember" xlink:label="CRCLInvestmentRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="CRCLInvestmentRiskMember" order="125.0"/>
				<link:loc xlink:type="locator" xlink:href="#pt_NVDAInvestingRiskMember" xlink:label="NVDAInvestingRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="NVDAInvestingRiskMember" order="126.0"/>
				<link:loc xlink:type="locator" xlink:href="#pt_PLTRInvestingRiskMember" xlink:label="PLTRInvestingRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="PLTRInvestingRiskMember" order="127.0"/>
				<link:loc xlink:type="locator" xlink:href="#pt_TSLAInvestingRiskMember" xlink:label="TSLAInvestingRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="TSLAInvestingRiskMember" order="128.0"/>
				<link:loc xlink:type="locator" xlink:href="#pt_StablecoinReserveRiskMember" xlink:label="StablecoinReserveRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="StablecoinReserveRiskMember" order="129.0"/>
				<link:loc xlink:type="locator" xlink:href="#pt_LargeInvestorsRiskMember" xlink:label="LargeInvestorsRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="LargeInvestorsRiskMember" order="130.0"/>
				<link:loc xlink:type="locator" xlink:href="#pt_GovernmentDefaultRiskMember" xlink:label="GovernmentDefaultRiskMember"/>
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				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="PrepaymentExtensionRiskMember" order="132.0"/>
				<link:loc xlink:type="locator" xlink:href="#pt_HoldingCashRiskMember" xlink:label="HoldingCashRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="HoldingCashRiskMember" order="133.0"/>
				<link:loc xlink:type="locator" xlink:href="#pt_SecuritySelectionRiskMember" xlink:label="SecuritySelectionRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_CashTransactionsRiskMember" xlink:label="CashTransactionsRiskMember"/>
				<link:definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="AllRisksMember" xlink:to="CashTransactionsRiskMember" order="135.0"/>
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				<link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentDomain" xlink:label="DocumentDomain"/>
				
			</link:definitionLink>
            <link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/oef/role/CoregistrantOnly">           
                <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllCoregistrantsMember" xlink:label="AllCoregistrantsMember"/>
                 
            </link:definitionLink>
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            <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_S000018720Member" xlink:label="S000018720Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000018720Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Short 7-10 Year Treasury</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000018720Member" xlink:to="label_S000018720Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000018720Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S000018720 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000018720Member" xlink:to="label_S000018720Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_C000051850Member" xlink:label="C000051850Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000051850Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">None</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000051850Member" xlink:to="label_C000051850Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000051850Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000051850 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000051850Member" xlink:to="label_C000051850Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_ICEUSTreasury710YearBondIndexMember" xlink:label="ICEUSTreasury710YearBondIndexMember"/>
				<link:label xlink:type="resource" xlink:label="label_ICEUSTreasury710YearBondIndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">ICE U.S. Treasury 7-10 Year Bond Index[Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ICEUSTreasury710YearBondIndexMember" xlink:to="label_ICEUSTreasury710YearBondIndexMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_BloombergUSAggregateBondIndexMember" xlink:label="BloombergUSAggregateBondIndexMember"/>
				<link:label xlink:type="resource" xlink:label="label_BloombergUSAggregateBondIndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Bloomberg U.S. Aggregate Bond Index[Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BloombergUSAggregateBondIndexMember" xlink:to="label_BloombergUSAggregateBondIndexMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_InverseCorrelationRiskMember" xlink:label="InverseCorrelationRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_InverseCorrelationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Inverse Correlation Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InverseCorrelationRiskMember" xlink:to="label_InverseCorrelationRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_HoldingPeriodRiskMember" xlink:label="HoldingPeriodRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_HoldingPeriodRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Holding Period Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingPeriodRiskMember" xlink:to="label_HoldingPeriodRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_CorrelationRiskMember" xlink:label="CorrelationRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CorrelationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Correlation Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorrelationRiskMember" xlink:to="label_CorrelationRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_DerivativesRiskMember" xlink:label="DerivativesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_DerivativesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Derivatives Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesRiskMember" xlink:to="label_DerivativesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_CounterpartyRiskMember" xlink:label="CounterpartyRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CounterpartyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Counterparty Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CounterpartyRiskMember" xlink:to="label_CounterpartyRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_LeverageRiskMember" xlink:label="LeverageRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_LeverageRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Leverage Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeverageRiskMember" xlink:to="label_LeverageRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_DebtRiskMember" xlink:label="DebtRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_DebtRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Debt Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtRiskMember" xlink:to="label_DebtRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestRateRiskMember" xlink:label="InterestRateRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interest Rate Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateRiskMember" xlink:to="label_InterestRateRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_USTreasuryRiskMember" xlink:label="USTreasuryRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_USTreasuryRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">US Treasury Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USTreasuryRiskMember" xlink:to="label_USTreasuryRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_MoneyMarketRiskMember" xlink:label="MoneyMarketRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_MoneyMarketRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Money Market Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MoneyMarketRiskMember" xlink:to="label_MoneyMarketRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_IndexPerformanceRiskMember" xlink:label="IndexPerformanceRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_IndexPerformanceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Index Performance Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndexPerformanceRiskMember" xlink:to="label_IndexPerformanceRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_IntradayPriceRiskMember" xlink:label="IntradayPriceRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_IntradayPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Intraday Price Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntradayPriceRiskMember" xlink:to="label_IntradayPriceRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_MarketPriceRiskMember" xlink:label="MarketPriceRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_MarketPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Market Price Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketPriceRiskMember" xlink:to="label_MarketPriceRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_EarlyCloseLateCloseTradingHaltRiskMember" xlink:label="EarlyCloseLateCloseTradingHaltRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_EarlyCloseLateCloseTradingHaltRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Early Close Late Close Trading Halt Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarlyCloseLateCloseTradingHaltRiskMember" xlink:to="label_EarlyCloseLateCloseTradingHaltRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000018721Member" xlink:label="S000018721Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000018721Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Short 20plus Year Treasury</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000018721Member" xlink:to="label_S000018721Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000018721Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S000018721 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000018721Member" xlink:to="label_S000018721Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_C000051851Member" xlink:label="C000051851Member"/>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000051851Member" xlink:to="label_C000051850Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000051851Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000051851 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000051851Member" xlink:to="label_C000051851Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_ICEUSTreasury20PlusYearBondIndexMember" xlink:label="ICEUSTreasury20PlusYearBondIndexMember"/>
				<link:label xlink:type="resource" xlink:label="label_ICEUSTreasury20PlusYearBondIndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">ICE U.S. Treasury 20+ Year Bond Index[Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ICEUSTreasury20PlusYearBondIndexMember" xlink:to="label_ICEUSTreasury20PlusYearBondIndexMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000006830Member" xlink:label="S000006830Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000006830Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Short Dow 30</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000006830Member" xlink:to="label_S000006830Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000006830Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S000006830 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000006830Member" xlink:to="label_S000006830Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_C000018468Member" xlink:label="C000018468Member"/>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000018468Member" xlink:to="label_C000051850Member"/>
				<link:label xlink:type="resource" xlink:label="label_C000018468Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000018468 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000018468Member" xlink:to="label_C000018468Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_DJIAvgIndexMember" xlink:label="DJIAvgIndexMember"/>
				<link:label xlink:type="resource" xlink:label="label_DJIAvgIndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Dow Jones Industrial Average[Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DJIAvgIndexMember" xlink:to="label_DJIAvgIndexMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_SP500IndexMember" xlink:label="SP500IndexMember"/>
				<link:label xlink:type="resource" xlink:label="label_SP500IndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S&amp;P 500&amp;#174; Index[Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SP500IndexMember" xlink:to="label_SP500IndexMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_EquityRiskMember" xlink:label="EquityRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_FinancialsRiskMember" xlink:label="FinancialsRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_S000014276Member" xlink:label="S000014276Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000014276Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Short Financials</link:label>
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				<link:loc xlink:type="locator" xlink:href="#pt_S000018719Member" xlink:label="S000018719Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000018719Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Short FTSE China 50</link:label>
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				<link:label xlink:type="resource" xlink:label="label_FTSEChina50IndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">FTSE China 50 Index[Member]</link:label>
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				<link:label xlink:type="resource" xlink:label="label_SPGlobal1200IndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S&amp;P Global 1200 Index[Member]</link:label>
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				<link:loc xlink:type="locator" xlink:href="#pt_ChineseInvestmentRiskMember" xlink:label="ChineseInvestmentRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ChineseInvestmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Chinese Investment Risk [Member]</link:label>
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				<link:loc xlink:type="locator" xlink:href="#pt_ForeignCurrencyRiskMember" xlink:label="ForeignCurrencyRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ForeignCurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Foreign Currency Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyRiskMember" xlink:to="label_ForeignCurrencyRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_ForeignEMMarketsRiskMember" xlink:label="ForeignEMMarketsRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ForeignEMMarketsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Foreign-EM Markets Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignEMMarketsRiskMember" xlink:to="label_ForeignEMMarketsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_CommunicationServicesRiskMember" xlink:label="CommunicationServicesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CommunicationServicesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Communication Services Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommunicationServicesRiskMember" xlink:to="label_CommunicationServicesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_ConsumerDiscretionaryRiskMember" xlink:label="ConsumerDiscretionaryRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ConsumerDiscretionaryRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Consumer Discretionary Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsumerDiscretionaryRiskMember" xlink:to="label_ConsumerDiscretionaryRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_GeographicConcentrationRiskMember" xlink:label="GeographicConcentrationRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_GeographicConcentrationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Geographic Concentration Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicConcentrationRiskMember" xlink:to="label_GeographicConcentrationRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000018723Member" xlink:label="S000018723Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000018723Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Short High Yield</link:label>
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				<link:label xlink:type="resource" xlink:label="label_S000018723Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S000018723 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000018723Member" xlink:to="label_S000018723Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_C000051853Member" xlink:label="C000051853Member"/>
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				<link:label xlink:type="resource" xlink:label="label_C000051853Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000051853 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000051853Member" xlink:to="label_C000051853Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_MarkitiBoxxLiquidHighYieldIndexMember" xlink:label="MarkitiBoxxLiquidHighYieldIndexMember"/>
				<link:label xlink:type="resource" xlink:label="label_MarkitiBoxxLiquidHighYieldIndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Markit iBoxx $ Liquid High Yield Index[Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarkitiBoxxLiquidHighYieldIndexMember" xlink:to="label_MarkitiBoxxLiquidHighYieldIndexMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_HighYieldRiskMember" xlink:label="HighYieldRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_HighYieldRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">High Yield Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HighYieldRiskMember" xlink:to="label_HighYieldRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditRiskMember" xlink:label="CreditRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_CreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Credit Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditRiskMember" xlink:to="label_CreditRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_ConsumerServicesRiskMember" xlink:label="ConsumerServicesRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_ConsumerServicesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Consumer Services Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsumerServicesRiskMember" xlink:to="label_ConsumerServicesRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000006829Member" xlink:label="S000006829Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000006829Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Short MidCap400</link:label>
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				<link:label xlink:type="resource" xlink:label="label_S000006829Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S000006829 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000006829Member" xlink:to="label_S000006829Member_2"/>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000018467Member" xlink:to="label_C000018467Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_SPMidCap400IndexMember" xlink:label="SPMidCap400IndexMember"/>
				<link:label xlink:type="resource" xlink:label="label_SPMidCap400IndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S&amp;P MidCap400 Index[Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SPMidCap400IndexMember" xlink:to="label_SPMidCap400IndexMember"/>
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				<link:label xlink:type="resource" xlink:label="label_SPComposite1500IndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S&amp;P Composite 1500&amp;#174; Index[Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SPComposite1500IndexMember" xlink:to="label_SPComposite1500IndexMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_MidCapRiskMember" xlink:label="MidCapRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_MidCapRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mid Cap Risk [Member]</link:label>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalGoodsRiskMember" xlink:to="label_CapitalGoodsRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000018742Member" xlink:label="S000018742Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000018742Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Short MSCI EAFE</link:label>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000018742Member" xlink:to="label_S000018742Member_2"/>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000051872Member" xlink:to="label_C000051872Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_MSCIEAFEIndexMember" xlink:label="MSCIEAFEIndexMember"/>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MSCIEAFEIndexMember" xlink:to="label_MSCIEAFEIndexMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_JapaneseInvestmentRiskMember" xlink:label="JapaneseInvestmentRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_JapaneseInvestmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Japanese Investment Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JapaneseInvestmentRiskMember" xlink:to="label_JapaneseInvestmentRiskMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_S000018740Member" xlink:label="S000018740Member"/>
				<link:label xlink:type="resource" xlink:label="label_S000018740Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Short MSCI Emerging Markets</link:label>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000018740Member" xlink:to="label_S000018740Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_C000051870Member" xlink:label="C000051870Member"/>
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				<link:label xlink:type="resource" xlink:label="label_C000051870Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">C000051870 [Member]</link:label>
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				<link:label xlink:type="resource" xlink:label="label_S000014251Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Ultra Consumer Discretionary</link:label>
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				<link:loc xlink:type="locator" xlink:href="#pt_SPConsumerDiscretionarySelectSectorIndexMember" xlink:label="SPConsumerDiscretionarySelectSectorIndexMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_AutomobilesandComponentsRiskMember" xlink:label="AutomobilesandComponentsRiskMember"/>
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				<link:label xlink:type="resource" xlink:label="label_S000014250Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Ultra Consumer Staples</link:label>
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				<link:loc xlink:type="locator" xlink:href="#pt_ConsumerStaplesRiskMember" xlink:label="ConsumerStaplesRiskMember"/>
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				<link:loc xlink:type="locator" xlink:href="#pt_HouseholdRiskMember" xlink:label="HouseholdRiskMember"/>
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				<link:label xlink:type="resource" xlink:label="label_S000102926Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Ultra Copper K-1 Free ETF</link:label>
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				<link:label xlink:type="resource" xlink:label="label_S000006826Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Ultra Dow 30</link:label>
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				<link:label xlink:type="resource" xlink:label="label_S000006826Member_2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">S000006826 [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000006826Member" xlink:to="label_S000006826Member_2"/>
				<link:loc xlink:type="locator" xlink:href="#pt_C000018464Member" xlink:label="C000018464Member"/>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000018464Member" xlink:to="label_C000018464Member_2"/>
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				<link:label xlink:type="resource" xlink:label="label_S000014255Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Ultra Energy</link:label>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="S000014255Member" xlink:to="label_S000014255Member_2"/>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000038814Member" xlink:to="label_C000038814Member_2"/>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SPEnergySelectSectorIndexMember" xlink:to="label_SPEnergySelectSectorIndexMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_EnergyRiskMember" xlink:label="EnergyRiskMember"/>
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				<link:label xlink:type="resource" xlink:label="label_S000014252Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Ultra Financials</link:label>
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				<link:label xlink:type="resource" xlink:label="label_S000022299Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Ultra FTSE China 50</link:label>
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				<link:label xlink:type="resource" xlink:label="label_S000028921Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Ultra FTSE Europe</link:label>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000088640Member" xlink:to="label_C000088640Member_2"/>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FTSEDevelopedEuropeAllCapIndexMember" xlink:to="label_FTSEDevelopedEuropeAllCapIndexMember"/>
				<link:loc xlink:type="locator" xlink:href="#pt_EuropeanInvestmentRiskMember" xlink:label="EuropeanInvestmentRiskMember"/>
				<link:label xlink:type="resource" xlink:label="label_EuropeanInvestmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">European Investment Risk [Member]</link:label>
				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EuropeanInvestmentRiskMember" xlink:to="label_EuropeanInvestmentRiskMember"/>
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				<link:label xlink:type="resource" xlink:label="label_S000102925Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Ultra Gold K-1 Free ETF</link:label>
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				<link:label xlink:type="resource" xlink:label="label_S000063144Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares Online Retail ETF</link:label>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000160299Member" xlink:to="label_C000160299Member_2"/>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SP500ExInformationTechnologyIndexMember" xlink:to="label_SP500ExInformationTechnologyIndexMember"/>
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				<link:label xlink:type="resource" xlink:label="label_S000078011Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares S&amp;amp;P Global Core Battery Metals ETF</link:label>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SPKenshoCleantechIndexMember" xlink:to="label_SPKenshoCleantechIndexMember"/>
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				<link:label xlink:type="resource" xlink:label="label_S000073417Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares S&amp;amp;P Kensho Smart Factories ETF</link:label>
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				<link:label xlink:type="resource" xlink:label="label_S000047884Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US">ProShares S and P MidCap 400 Dividend Aristocrats ETF</link:label>
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				<link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="C000150377Member" xlink:to="label_C000150377Member_2"/>
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	<xs:element name="C000269755Member" id="pt_C000269755Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="StablecoinReserveRiskMember" id="pt_StablecoinReserveRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="LargeInvestorsRiskMember" id="pt_LargeInvestorsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="GovernmentDefaultRiskMember" id="pt_GovernmentDefaultRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="PrepaymentExtensionRiskMember" id="pt_PrepaymentExtensionRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="HoldingCashRiskMember" id="pt_HoldingCashRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="SecuritySelectionRiskMember" id="pt_SecuritySelectionRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>
	<xs:element name="CashTransactionsRiskMember" id="pt_CashTransactionsRiskMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration"/>

</xs:schema>
