AUGUST
31,
2026
(Unaudited)
::
SHORT
7-10
YEAR
TREASURY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
1
TBX
::
Investments
Shares
Value
Exchange
Traded
Funds
—
43
.0
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(a)(b)
(Cost
$9,003,600)
90,000
$
9,010,800
Principal
Amount
Short-Term
Investments
—
46
.9
%
Repurchase
Agreements
(c)
—
46
.9
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$9,846,147
(Cost
$9,845,164)
$
9,845,164
9,845,164
Total
Investments
—
89.9%
(Cost
$18,848,764)
18,855,964
Other
assets
less
liabilities
—
10.1%
2,121,996
Net
Assets
—
100.0%
$
20,977,960
(a)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(b)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(c)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
9,010,800
6,007,800
(6,004,076)
(3,724)
–
9,010,800
90,000
89,591
Swap
Agreements
Short
7-10
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
(6,771,477)
11/4/2026
Bank
of
America
NA
(3.14)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
153,864
(6,809,032)
11/4/2026
Citibank
NA
(3.16)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
291,908
(7,334,022)
12/7/2026
Goldman
Sachs
International
(3.41)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
203,145
(20,914,531)
648,917
Total
Unrealized
Appreciation
648,917
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
SHORT
20+
YEAR
TREASURY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
2
TBF
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
69
.1
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$80,052,500)
800,000
$
80,096,000
Principal
Amount
Short-Term
Investments
—
26
.9
%
Repurchase
Agreements
(d)
—
11
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$13,247,572
(Cost
$13,246,251)
$
13,246,251
13,246,251
U.S.
Treasury
Obligations
—
15
.5
%
U.S.
Treasury
Bills
(e)
3.66%,
9/3/2026
(Cost
$17,996,375)
18,000,000
17,996,405
Total
Short-Term
Investments
(Cost
$31,242,626)
31,242,656
Total
Investments
—
96.0%
(Cost
$111,295,126)
111,338,656
Other
assets
less
liabilities
—
4.0%
4,649,720
Net
Assets
—
100.0%
$
115,988,376
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$7,514,907.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
65,078,000
40,044,000
(25,025,484)
2,984
(3,500)
80,096,000
800,000
583,656
Futures
Contracts
Sold
Short
20+
Year
Treasury
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
U.S.
Treasury
Long
Bond
9
12/21/2026
U.S.
Dollar
$
979,031
$
9,546
AUGUST
31,
2026
(Unaudited)
::
SHORT
20+
YEAR
TREASURY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
3
TBF
::
Swap
Agreements
Short
20+
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
(19,282,497)
11/4/2026
Bank
of
America
NA
(3.33)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
596,896
(7,057,047)
11/4/2026
Barclays
Bank
PLC
(3.41)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
271,546
(31,397,095)
11/4/2026
Citibank
NA
(3.18)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
486,981
(32,384,634)
11/4/2026
Goldman
Sachs
International
(3.38)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
575,746
(19,585,434)
11/4/2026
Morgan
Stanley
&
Co.
International
plc
(3.46)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
1,392,436
(5,627,218)
11/4/2026
Societe
Generale
(3.31)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
393,016
(115,333,925)
3,716,621
Total
Unrealized
Appreciation
3,716,621
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
SHORT
DOW30
~
SM
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
4
DOG
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
79
.9
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$85,034,000)
850,000
$
85,102,000
Principal
Amount
Short-Term
Investments
—
10
.3
%
Repurchase
Agreements
(d)
—
10
.3
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$11,008,605
(Cost
$11,007,507)
$
11,007,507
11,007,507
Total
Investments
—
90.2%
(Cost
$96,041,507)
96,109,507
Other
assets
less
liabilities
—
9.8%
10,489,583
Net
Assets
—
100.0%
$
106,599,090
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$6,686,714.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
90,108,000
–
(5,003,897)
1,897
(4,000)
85,102,000
850,000
806,270
Futures
Contracts
Sold
Short
Dow30
SM
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
DJIA
CBOT
E-Mini
Index
63
9/18/2026
U.S.
Dollar
$
16,770,600
$
(
574,436
)
AUGUST
31,
2026
(Unaudited)
::
SHORT
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
5
DOG
::
Swap
Agreements
Short
Dow30
SM
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(18,189,578)
3/8/2027
Bank
of
America
NA
(4.53)%
Dow
Jones
Industrial
Average
SM
(
2,755,137
)
(12,126,385)
11/4/2027
Barclays
Bank
PLC
(4.43)%
Dow
Jones
Industrial
Average
SM
(
1,054,684
)
(10,690,366)
1/12/2027
BNP
Paribas
(4.53)%
Dow
Jones
Industrial
Average
SM
(
3,403,144
)
(5,584,519)
3/8/2027
Citibank
NA
(4.38)%
Dow
Jones
Industrial
Average
SM
(
3,035,561
)
(9,147,975)
11/6/2026
Goldman
Sachs
International
(4.13)%
Dow
Jones
Industrial
Average
SM
(
1,723,562
)
(19,625,597)
11/6/2026
Societe
Generale
(4.33)%
Dow
Jones
Industrial
Average
SM
(
3,213,785
)
(14,408,167)
11/6/2026
UBS
AG
(4.28)%
Dow
Jones
Industrial
Average
SM
(
4,087,433
)
(89,772,587)
(
19,273,306
)
Total
Unrealized
Depreciation
(
19,273,306
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
SHORT
FINANCIALS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
6
SEF
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
84
.4
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$11,010,300)
110,000
$
11,013,200
Principal
Amount
Short-Term
Investments
—
13
.5
%
Repurchase
Agreements
(d)
—
13
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,757,488
(Cost
$1,757,312)
$
1,757,312
1,757,312
Total
Investments
—
97.9%
(Cost
$12,767,612)
12,770,512
Other
assets
less
liabilities
—
2.1%
270,709
Net
Assets
—
100.0%
$
13,041,221
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$164,297.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
10,012,000
1,001,300
–
–
(100)
11,013,200
110,000
92,023
Swap
Agreements
Short
Financials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(1,795,816)
3/8/2027
Bank
of
America
NA
(4.08)%
S&P
Financial
Select
Sector
Index
c
(
208,517
)
(1,055,610)
3/15/2028
Barclays
Bank
PLC
(4.53)%
S&P
Financial
Select
Sector
Index
c
(
167,334
)
(1,162,165)
3/15/2028
BNP
Paribas
(4.43)%
S&P
Financial
Select
Sector
Index
c
(
176,483
)
(1,743,248)
4/15/2027
Citibank
NA
(4.03)%
S&P
Financial
Select
Sector
Index
c
(
706,799
)
(1,090,418)
3/8/2027
Goldman
Sachs
International
(3.88)%
S&P
Financial
Select
Sector
Index
c
(
282,998
)
(881,569)
3/15/2028
J.P.
Morgan
Securities,
LLC
(4.33)%
S&P
Financial
Select
Sector
Index
c
(
99,559
)
(1,177,083)
3/15/2028
Societe
Generale
(3.98)%
S&P
Financial
Select
Sector
Index
c
(
148,683
)
(4,047,688)
11/15/2027
UBS
AG
(4.28)%
S&P
Financial
Select
Sector
Index
c
(
511,862
)
(12,953,597)
(
2,302,235
)
Total
Unrealized
Depreciation
(
2,302,235
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
AUGUST
31,
2026
(Unaudited)
::
SHORT
FINANCIALS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
7
SEF
::
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Financials
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
SHORT
FTSE
CHINA
50
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
8
YXI
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
71
.6
%
Repurchase
Agreements
(a)
—
71
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$3,375,915
(Cost
$3,375,578)
$
3,375,578
$
3,375,578
Total
Investments
—
71.6%
(Cost
$3,375,578)
3,375,578
Other
assets
less
liabilities
—
28.4%
1,336,949
Net
Assets
—
100.0%
$
4,712,527
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
Short
FTSE
China
50
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(1,402,579)
11/6/2026
Bank
of
America
NA
(2.93)%
iShares
®
China
Large-Cap
ETF
c
128,138
(99,633)
11/6/2026
Citibank
NA
(2.40)%
iShares
®
China
Large-Cap
ETF
c
44,551
(17,582)
11/6/2026
Goldman
Sachs
International
(3.13)%
iShares
®
China
Large-Cap
ETF
c
113,781
(769,433)
11/6/2026
Societe
Generale
(3.48)%
iShares
®
China
Large-Cap
ETF
c
(
179,922
)
(2,411,280)
11/9/2026
UBS
AG
(3.73)%
iShares
®
China
Large-Cap
ETF
c
36,520
(4,700,507)
143,068
Total
Unrealized
Appreciation
322,990
Total
Unrealized
Depreciation
(
179,922
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
AUGUST
31,
2026
(Unaudited)
::
SHORT
HIGH
YIELD
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
9
SJB
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
96
.4
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$43,724,330)
437,000
$
43,752,440
Principal
Amount
Short-Term
Investments
—
4
.2
%
Repurchase
Agreements
(d)
—
4
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,928,177
(Cost
$1,927,984)
$
1,927,984
1,927,984
Total
Investments
—
100.6%
(Cost
$45,652,314)
45,680,424
Liabilities
in
excess
of
other
assets
—
(0.6%)
(
266,062
)
Net
Assets
—
100.0%
$
45,414,362
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$4,099,013.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
65,078,000
–
(21,318,101)
(1,069)
(6,390)
43,752,440
437,000
472,903
Swap
Agreements
Short
High
Yield
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(22,528,822)
3/15/2028
BNP
Paribas
(1.93)%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
c
(
577,938
)
(2,059,319)
3/8/2027
Citibank
NA
(1.08)%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
c
(
257,509
)
(3,568,249)
11/6/2026
Goldman
Sachs
International
(0.63)%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
c
(
546,316
)
(17,360,942)
11/15/2027
UBS
AG
(0.63)%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
c
(
1,007,770
)
(45,517,332)
(
2,389,533
)
Total
Unrealized
Depreciation
(
2,389,533
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
SHORT
MIDCAP400
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
10
MYY
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
91
.6
%
Repurchase
Agreements
(a)
—
91
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$2,738,258
(Cost
$2,737,985)
$
2,737,985
$
2,737,985
Total
Investments
—
91.6%
(Cost
$2,737,985)
2,737,985
Other
assets
less
liabilities
—
8.4%
249,648
Net
Assets
—
100.0%
$
2,987,633
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Futures
Contracts
Sold
Short
MidCap400
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
S&P
Midcap
400
®
E-Mini
Index
1
9/18/2026
U.S.
Dollar
$
376,710
$
3,308
Swap
Agreements
Short
MidCap400
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(353,463)
1/12/2027
Bank
of
America
NA
(4.38)%
S&P
MidCap
400
®
(
137,391
)
(917,498)
3/6/2028
BNP
Paribas
(4.38)%
S&P
MidCap
400
®
140
(767,089)
3/8/2027
Citibank
NA
(4.08)%
S&P
MidCap
400
®
(
331,839
)
(567,796)
11/6/2026
Societe
Generale
(3.88)%
S&P
MidCap
400
®
(
228,760
)
(2,605,846)
(
697,850
)
Total
Unrealized
Appreciation
140
Total
Unrealized
Depreciation
(
697,990
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
SHORT
MSCI
EAFE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
11
EFZ
::
Investments
Shares
Value
Exchange
Traded
Funds
—
89
.0
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(a)(b)
(Cost
$9,012,600)
90,000
$
9,010,800
Principal
Amount
Short-Term
Investments
—
8
.1
%
Repurchase
Agreements
(c)
—
8
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$823,103
(Cost
$823,021)
$
823,021
823,021
Total
Investments
—
97.1%
(Cost
$9,835,621)
9,833,821
Other
assets
less
liabilities
—
2.9%
297,131
Net
Assets
—
100.0%
$
10,130,952
(a)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(b)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(c)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
10,012,000
–
(1,000,679)
(721)
200
9,010,800
90,000
87,281
Swap
Agreements
Short
MSCI
EAFE
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(1,682,402)
11/6/2026
Citibank
NA
(3.63)%
iShares
®
MSCI
EAFE
ETF
c
(
802,907
)
(2,694,147)
11/6/2026
Goldman
Sachs
International
(3.48)%
iShares
®
MSCI
EAFE
ETF
c
(
1,095,571
)
(2,170,990)
11/6/2026
Societe
Generale
(3.13)%
iShares
®
MSCI
EAFE
ETF
c
(
824,392
)
(3,595,270)
11/6/2026
UBS
AG
(3.53)%
iShares
®
MSCI
EAFE
ETF
c
(
2,051,021
)
(10,142,809)
(
4,773,891
)
Total
Unrealized
Depreciation
(
4,773,891
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
SHORT
MSCI
EMERGING
MARKETS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
12
EUM
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
61
.5
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$7,507,750)
75,000
$
7,509,000
Principal
Amount
Short-Term
Investments
—
44
.3
%
Repurchase
Agreements
(d)
—
44
.3
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$5,420,895
(Cost
$5,420,355)
$
5,420,355
5,420,355
Total
Investments
—
105.8%
(Cost
$12,928,105)
12,929,355
Liabilities
in
excess
of
other
assets
—
(5.8%)
(
705,431
)
Net
Assets
—
100.0%
$
12,223,924
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,175,008.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
5,006,000
2,503,250
–
–
(250)
7,509,000
75,000
48,666
Swap
Agreements
Short
MSCI
Emerging
Markets
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(3,004,567)
11/6/2026
Bank
of
America
NA
(3.58)%
iShares
®
MSCI
Emerging
Markets
ETF
c
(
2,412,126
)
(3,861,438)
11/6/2026
Citibank
NA
(3.73)%
iShares
®
MSCI
Emerging
Markets
ETF
c
(
806,240
)
(853,194)
11/6/2026
Goldman
Sachs
International
(3.28)%
iShares
®
MSCI
Emerging
Markets
ETF
c
(
484,074
)
(1,303,695)
11/6/2026
Societe
Generale
(3.38)%
iShares
®
MSCI
Emerging
Markets
ETF
c
(
915,415
)
(3,230,736)
11/6/2026
UBS
AG
(3.53)%
iShares
®
MSCI
Emerging
Markets
ETF
c
(
1,131,633
)
(12,253,630)
(
5,749,488
)
Total
Unrealized
Depreciation
(
5,749,488
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
AUGUST
31,
2026
(Unaudited)
::
SHORT
QQQ
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
13
PSQ
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
68
.5
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$435,237,000)
4,350,000
$
435,522,000
Principal
Amount
Short-Term
Investments
—
69
.4
%
Repurchase
Agreements
(d)
—
16
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$102,517,734
(Cost
$102,507,509)
$
102,507,509
102,507,509
U.S.
Treasury
Obligations
(a)
—
53
.3
%
U.S.
Treasury
Bills
(e)
3.64%,
9/10/2026
100,000,000
99,909,312
3.66%,
9/22/2026
25,000,000
24,946,878
3.72%,
9/24/2026
10,000,000
9,976,712
3.81%,
10/15/2026
170,000,000
169,229,171
3.85%,
11/17/2026
35,000,000
34,721,454
Total
U.S.
Treasury
Obligations
(Cost
$338,764,300)
338,783,527
Total
Short-Term
Investments
(Cost
$441,271,809)
441,291,036
Total
Investments
—
137.9%
(Cost
$876,508,809)
876,813,036
Liabilities
in
excess
of
other
assets
—
(37.9%)
(
241,192,167
)
Net
Assets
—
100.0%
$
635,620,869
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$183,489,239.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
505,606,000
120,136,000
(190,141,508)
40,508
(119,000)
435,522,000
4,350,000
4,392,041
Futures
Contracts
Sold
Short
QQQ
®
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
Nasdaq-100
E-Mini
Index
158
9/18/2026
U.S.
Dollar
$
93,261,080
$
867,479
SHORT
QQQ
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
14
PSQ
::
Swap
Agreements
Short
QQQ
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(42,889,348)
3/8/2027
Bank
of
America
NA
(4.48)%
Nasdaq-100
Index
®
(
21,895,761
)
(50,577,618)
11/4/2027
Barclays
Bank
PLC
(4.43)%
Nasdaq-100
Index
®
(
11,077,462
)
(77,766,401)
11/4/2027
BNP
Paribas
(4.63)%
Nasdaq-100
Index
®
(
18,245,725
)
(37,027,411)
11/4/2027
Citibank
NA
(4.48)%
Nasdaq-100
Index
®
(
18,902,557
)
(77,383,460)
11/6/2026
Goldman
Sachs
International
(4.43)%
Nasdaq-100
Index
®
(
21,031,032
)
(65,335,559)
4/6/2027
J.P.
Morgan
Securities,
LLC
(4.38)%
Nasdaq-100
Index
®
(
22,452,876
)
(57,706,204)
1/12/2027
Morgan
Stanley
&
Co.
International
plc
(4.28)%
Nasdaq-100
Index
®
(
10,078,019
)
(61,182,127)
4/6/2027
Nomura
Global
Financial
Products
Inc.
(4.43)%
Nasdaq-100
Index
®
(
24,733,050
)
(37,292,524)
11/6/2026
Societe
Generale
(4.68)%
Nasdaq-100
Index
®
88,489
(35,163,610)
11/6/2026
UBS
AG
(4.28)%
Nasdaq-100
Index
®
(
28,930,912
)
(542,324,262)
(
177,258,905
)
Total
Unrealized
Appreciation
88,489
Total
Unrealized
Depreciation
(
177,347,394
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
SHORT
REAL
ESTATE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
15
REK
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
66
.6
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$8,008,400)
80,000
$
8,009,600
Principal
Amount
Short-Term
Investments
—
24
.5
%
Repurchase
Agreements
(d)
—
24
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$2,954,957
(Cost
$2,954,661)
$
2,954,661
2,954,661
Total
Investments
—
91.1%
(Cost
$10,963,061)
10,964,261
Other
assets
less
liabilities
—
8.9%
1,073,591
Net
Assets
—
100.0%
$
12,037,852
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$209,151.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
5,006,000
3,003,900
–
–
(300)
8,009,600
80,000
49,330
Swap
Agreements
Short
Real
Estate
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(1,484,768)
3/8/2027
Bank
of
America
NA
(4.13)%
S&P
Real
Estate
Select
Sector
Index
c
(
290,615
)
(1,731,110)
3/15/2028
BNP
Paribas
(4.43)%
S&P
Real
Estate
Select
Sector
Index
c
(
59,950
)
(588,149)
4/15/2027
Citibank
NA
(4.08)%
S&P
Real
Estate
Select
Sector
Index
c
(
199,867
)
(3,925,900)
3/8/2027
Goldman
Sachs
International
(3.88)%
S&P
Real
Estate
Select
Sector
Index
c
(
24,349
)
(1,858,828)
3/8/2027
Societe
Generale
(3.93)%
S&P
Real
Estate
Select
Sector
Index
c
(
116,969
)
(2,371,862)
3/8/2027
UBS
AG
(4.28)%
S&P
Real
Estate
Select
Sector
Index
c
(
227,317
)
(11,960,617)
(
919,067
)
Total
Unrealized
Depreciation
(
919,067
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Real
Estate
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
SHORT
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
16
RWM
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
84
.5
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$103,048,400)
1,030,000
$
103,123,600
Principal
Amount
Short-Term
Investments
—
13
.1
%
Repurchase
Agreements
(d)
—
13
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$16,006,863
(Cost
$16,005,265)
$
16,005,265
16,005,265
Total
Investments
—
97.6%
(Cost
$119,053,665)
119,128,865
Other
assets
less
liabilities
—
2.4%
2,867,710
Net
Assets
—
100.0%
$
121,996,575
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$12,673,890.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
110,132,000
8,010,400
(15,010,776)
(224)
(7,800)
103,123,600
1,030,000
978,300
Futures
Contracts
Sold
Short
Russell2000
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
Russell
2000
®
E-mini
Index
126
9/18/2026
U.S.
Dollar
$
18,639,810
$
(
68,564
)
Swap
Agreements
Short
Russell2000
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(11,352,768)
11/4/2027
Bank
of
America
NA
(4.03)%
Russell
2000
®
Index
(
2,518,042
)
(20,792,713)
11/4/2027
Barclays
Bank
PLC
(4.33)%
Russell
2000
®
Index
(
4,020,190
)
(17,469,663)
1/12/2027
BNP
Paribas
(4.33)%
Russell
2000
®
Index
(
6,195,782
)
(10,102,190)
3/8/2027
Citibank
NA
(3.98)%
Russell
2000
®
Index
(
6,536,944
)
(10,863,275)
11/6/2026
Goldman
Sachs
International
(3.78)%
Russell
2000
®
Index
(
2,569,088
)
(16,387,602)
11/6/2026
Societe
Generale
(3.98)%
Russell
2000
®
Index
(
12,991,630
)
(16,380,687)
11/6/2026
UBS
AG
(3.93)%
Russell
2000
®
Index
(
7,596,105
)
(103,348,898)
(
42,427,781
)
Total
Unrealized
Depreciation
(
42,427,781
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
SHORT
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
17
SH
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
87
.8
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$747,125,720)
7,468,000
$
747,696,160
Principal
Amount
Short-Term
Investments
—
38
.9
%
Repurchase
Agreements
(d)
—
5
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$42,611,777
(Cost
$42,607,527)
$
42,607,527
42,607,527
U.S.
Treasury
Obligations
(a)
—
33
.9
%
U.S.
Treasury
Bills
(e)
3.66%,
9/3/2026
40,000,000
39,992,011
3.66%,
9/22/2026
75,000,000
74,840,633
3.81%,
10/15/2026
50,000,000
49,773,286
3.81%,
11/3/2026
25,000,000
24,836,268
3.85%,
11/17/2026
100,000,000
99,204,155
Total
U.S.
Treasury
Obligations
(Cost
$288,624,127)
288,646,353
Total
Short-Term
Investments
(Cost
$331,231,654)
331,253,880
Total
Investments
—
126.7%
(Cost
$1,078,357,374)
1,078,950,040
Liabilities
in
excess
of
other
assets
—
(26.7%)
(
227,695,362
)
Net
Assets
—
100.0%
$
851,254,678
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$218,790,724.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
911,092,000
185,180,500
(348,491,741)
39,711
(124,310)
747,696,160
7,468,000
7,336,923
Futures
Contracts
Sold
Short
S&P500
®
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
S&P
500
®
E-Mini
Index
307
9/18/2026
U.S.
Dollar
$
118,179,650
$
(
3,435,692
)
SHORT
S&P500
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
18
SH
::
Swap
Agreements
Short
S&P500
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(97,237,357)
12/9/2027
Bank
of
America
NA
(4.33)%
S&P
500
®
(
2,180,786
)
(101,472,420)
3/3/2028
Barclays
Bank
PLC
(4.23)%
S&P
500
®
(
19,049,746
)
(84,070,999)
1/12/2027
BNP
Paribas
(4.43)%
S&P
500
®
(
51,444,871
)
(92,887,002)
3/2/2028
Citibank
NA
(4.21)%
S&P
500
®
(
1,898,529
)
(73,610,163)
11/6/2026
Goldman
Sachs
International
(4.43)%
S&P
500
®
(
40,567,020
)
(62,757,333)
4/6/2027
J.P.
Morgan
Securities,
LLC
(4.28)%
S&P
500
®
(
50,492,947
)
(29,215,018)
1/12/2027
Morgan
Stanley
&
Co.
International
plc
(4.28)%
S&P
500
®
(
11,752,586
)
(48,238,215)
11/6/2026
Societe
Generale
(4.33)%
S&P
500
®
(
21,868,829
)
(75,006,796)
4/6/2028
UBS
AG
(4.28)%
S&P
500
®
(
25,073,786
)
(68,391,274)
3/3/2028
Wells
Fargo
Bank,
N.A.
(3.73)%
S&P
500
®
(
2,032,335
)
(732,886,577)
(
226,361,435
)
Total
Unrealized
Depreciation
(
226,361,435
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
SHORT
SMALLCAP600
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
19
SBB
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
91
.2
%
Repurchase
Agreements
(a)
—
91
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$3,155,996
(Cost
$3,155,681)
$
3,155,681
$
3,155,681
Total
Investments
—
91.2%
(Cost
$3,155,681)
3,155,681
Other
assets
less
liabilities
—
8.8%
304,763
Net
Assets
—
100.0%
$
3,460,444
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
Short
SmallCap600
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(1,211,433)
11/4/2027
Bank
of
America
NA
(4.13)%
S&P
SmallCap
600
®
(
319,297
)
(1,055,176)
3/8/2027
Citibank
NA
(3.98)%
S&P
SmallCap
600
®
(
316,095
)
(410,834)
11/6/2026
Societe
Generale
(3.68)%
S&P
SmallCap
600
®
(
273,067
)
(781,286)
1/6/2028
UBS
AG
(3.93)%
S&P
SmallCap
600
®
(
107,024
)
(3,458,729)
(
1,015,483
)
Total
Unrealized
Depreciation
(
1,015,483
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
7-10
YEAR
TREASURY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
20
UST
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
93
.4
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$13,556,320)
135,500
$
13,566,260
Principal
Amount
Short-Term
Investments
—
9
.2
%
Repurchase
Agreements
(d)
—
9
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,337,117
(Cost
$1,336,984)
$
1,336,984
1,336,984
Total
Investments
—
102.6%
(Cost
$14,893,304)
14,903,244
Liabilities
in
excess
of
other
assets
—
(2.6%)
(
370,868
)
Net
Assets
—
100.0%
$
14,532,376
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$409,391.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
15,018,000
1,001,300
(2,452,169)
1,189
(2,060)
13,566,260
135,500
121,521
Futures
Contracts
Purchased
Ultra
7-10
Year
Treasury
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Depreciation
AAAAAA
U.S.
10
Year
Treasury
Note
6
12/21/2026
U.S.
Dollar
$
646,594
$
(
5,636
)
AUGUST
31,
2026
(Unaudited)
::
ULTRA
7-10
YEAR
TREASURY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
21
UST
::
Swap
Agreements
Ultra
7-10
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
9,361,924
11/4/2026
Bank
of
America
NA
3.14%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
(
704,223
)
10,942,211
11/4/2026
Citibank
NA
3.48%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
(
491,279
)
8,241,584
11/4/2026
Goldman
Sachs
International
3.41%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
(
635,177
)
28,545,719
(
1,830,679
)
Total
Unrealized
Depreciation
(
1,830,679
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
20+
YEAR
TREASURY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
22
UBT
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
94
.1
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$60,028,500)
600,000
$
60,072,000
Principal
Amount
Short-Term
Investments
—
17
.1
%
Repurchase
Agreements
(d)
—
17
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$10,954,583
(Cost
$10,953,491)
$
10,953,491
10,953,491
Total
Investments
—
111.2%
(Cost
$70,981,991)
71,025,491
Liabilities
in
excess
of
other
assets
—
(11.2%)
(
7,138,613
)
Net
Assets
—
100.0%
$
63,886,878
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$4,075,885.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
60,072,000
5,006,500
(5,003,897)
1,897
(4,500)
60,072,000
600,000
516,412
Futures
Contracts
Purchased
Ultra
20+
Year
Treasury
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Depreciation
AAAAAA
U.S.
Treasury
Long
Bond
17
12/21/2026
U.S.
Dollar
$
1,849,281
$
(
18,626
)
AUGUST
31,
2026
(Unaudited)
::
ULTRA
20+
YEAR
TREASURY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
23
UBT
::
Swap
Agreements
Ultra
20+
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
26,549,826
11/4/2026
Bank
of
America
NA
3.33%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
1,915,673
)
30,885,547
11/4/2026
Barclays
Bank
PLC
3.85%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
1,810,659
)
34,591,998
11/4/2026
Citibank
NA
3.55%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
1,670,554
)
14,593,798
11/4/2026
Goldman
Sachs
International
3.38%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
1,824,236
)
19,711,975
11/4/2026
Societe
Generale
3.88%
ICE
U.S.
Treasury
20+
Year
Bond
Index
(
1,589,711
)
126,333,144
(
8,810,833
)
Total
Unrealized
Depreciation
(
8,810,833
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
COMMUNICATION
SERVICES
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
24
LTL
::
Investments
Shares
Value
Common
Stocks
(a)
—
60
.6
%
Diversified
Telecommunication
Services
—
9.2%
AT&T,
Inc.
7,776
$
201,320
Comcast
Corp.,
Class
a
A
7,006
186,500
Verizon
Communications,
Inc.
3,848
192,477
580,297
Entertainment
—
15.0%
Live
Nation
Entertainment,
Inc.*
929
167,118
Netflix,
Inc.*
2,300
186,415
Take-Two
Interactive
Software,
Inc.*
686
150,714
TKO
Group
Holdings,
Inc.,
Class
a
A
439
80,166
Walt
Disney
Co.
(The)
1,720
184,986
Warner
Bros
Discovery,
Inc.*
6,254
178,427
947,826
Interactive
Media
&
Services
—
21.7%
Alphabet,
Inc.,
Class
a
A
1,163
394,664
Alphabet,
Inc.,
Class
a
C
938
314,615
Meta
Platforms,
Inc.,
Class
a
A
1,124
643,310
Reddit,
Inc.,
Class
a
A*
79
11,677
1,364,266
Media
—
11.9%
AppLovin
Corp.,
Class
a
A*
163
50,866
Charter
Communications,
Inc.,
Class
a
A*
798
121,647
EchoStar
Corp.,
Class
a
A*
951
82,204
Fox
Corp.,
Class
a
A
1,392
93,751
Fox
Corp.,
Class
a
B
969
58,353
News
Corp.,
Class
a
A
2,546
78,188
News
Corp.,
Class
a
B
841
28,939
Omnicom
Group,
Inc.
1,988
174,010
Paramount
Skydance
Corp.,
Class
a
B(b)
2,200
24,002
Trade
Desk,
Inc.
(The),
Class
a
A*
2,978
40,858
752,818
Wireless
Telecommunication
Services
—
2.8%
T-Mobile
US,
Inc.
975
175,929
Total
Common
Stocks
(Cost
$3,996,224)
3,821,136
Securities
Lending
Reinvestments
(c)
—
0
.4
%
Investment
Companies
—
0
.4
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$22,275)
22,275
22,275
Investments
Principal
Amount
Value
Short-Term
Investments
—
23
.9
%
Repurchase
Agreements
(e)
—
23
.9
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,504,076
(Cost
$1,503,927)
$
1,503,927
$
1,503,927
Total
Investments
—
84.9%
(Cost
$5,522,426)
5,347,338
Other
assets
less
liabilities
—
15.1%
949,719
Net
Assets
—
100.0%
$
6,297,057
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$70,970.
(b)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$21,602,
collateralized
in
the
form
of
cash
with
a
value
of
$22,275
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$22,275.
(d)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(e)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
COMMUNICATION
SERVICES
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
25
LTL
::
Swap
Agreements
Ultra
Communication
Services
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
1,910,846
4/15/2027
Bank
of
America
NA
4.63%
S&P
Communication
Services
Select
Sector
Index
c
(
167,500
)
1,984,206
2/15/2028
BNP
Paribas
4.83%
S&P
Communication
Services
Select
Sector
Index
c
(
18,799
)
1,353,079
11/15/2027
Goldman
Sachs
International
4.38%
S&P
Communication
Services
Select
Sector
Index
c
(
103,309
)
1,870,091
11/6/2026
Societe
Generale
4.68%
S&P
Communication
Services
Select
Sector
Index
c
(
35,271
)
1,666,313
2/15/2028
UBS
AG
4.68%
S&P
Communication
Services
Select
Sector
Index
c
(
43,673
)
8,784,535
(
368,552
)
Total
Unrealized
Depreciation
(
368,552
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
CONSUMER
DISCRETIONARY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
26
UCC
::
Investments
Shares
Value
Common
Stocks
(a)
—
63
.7
%
Automobile
Components
—
0.1%
Aptiv
plc*
309
$
13,831
Automobiles
—
13.2%
Ford
Motor
Co.
5,684
79,235
General
Motors
Co.
1,309
112,993
Tesla,
Inc.*
2,728
1,003,767
1,195,995
Broadline
Retail
—
16.3%
Amazon.com,
Inc.*
5,444
1,414,188
eBay,
Inc.
646
66,900
1,481,088
Distributors
—
0.3%
Genuine
Parts
Co.
199
26,998
Hotels,
Restaurants
&
Leisure
—
16.7%
Airbnb,
Inc.,
Class
a
A*
607
111,215
Booking
Holdings,
Inc.
1,125
223,976
Carnival
Corp.
Ltd.
1,869
44,650
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
1,864
70,888
Darden
Restaurants,
Inc.
166
35,567
Domino's
Pizza,
Inc.
43
14,709
DoorDash,
Inc.,
Class
a
A*
551
127,689
Expedia
Group,
Inc.
165
52,325
Hilton
Worldwide
Holdings,
Inc.
332
105,005
Las
Vegas
Sands
Corp.
433
18,970
Marriott
International,
Inc.,
Class
a
A
318
108,680
McDonald's
Corp.
898
236,659
MGM
Resorts
International*
279
11,539
Norwegian
Cruise
Line
Holdings
Ltd.*
667
10,765
Royal
Caribbean
Cruises
Ltd.
361
97,015
Starbucks
Corp.
1,656
175,950
Wynn
Resorts
Ltd.
122
11,136
Yum!
Brands,
Inc.
401
61,477
1,518,215
Household
Durables
—
2.3%
DR
Horton,
Inc.
382
55,222
Garmin
Ltd.
237
67,334
Lennar
Corp.,
Class
a
A
312
26,242
NVR,
Inc.*
4
25,261
PulteGroup,
Inc.
276
34,865
208,924
Leisure
Products
—
0.2%
Hasbro,
Inc.
196
18,444
Specialty
Retail
—
12.9%
AutoZone,
Inc.*
24
71,790
Best
Buy
Co.,
Inc.
283
22,682
Carvana
Co.,
Class
a
A*
1,040
76,398
Home
Depot,
Inc.
(The)
964
316,028
Lowe's
Cos.,
Inc.
815
166,831
Investments
Shares
Value
Common
Stocks
(a)
(continued)
O'Reilly
Automotive,
Inc.*
1,205
$
107,004
Ross
Stores,
Inc.
467
106,728
TJX
Cos.,
Inc.
(The)
1,512
202,472
Tractor
Supply
Co.
762
26,594
Ulta
Beauty,
Inc.*
64
34,374
Williams-Sonoma,
Inc.
171
39,031
1,169,932
Textiles,
Apparel
&
Luxury
Goods
—
1.7%
Deckers
Outdoor
Corp.*
206
17,938
Lululemon
Athletica,
Inc.*
151
18,159
NIKE,
Inc.,
Class
a
B
1,743
68,082
Ralph
Lauren
Corp.,
Class
a
A
55
19,079
Tapestry,
Inc.
294
36,277
159,535
Total
Common
Stocks
(Cost
$6,216,863)
5,792,962
Principal
Amount
Short-Term
Investments
—
22
.0
%
Repurchase
Agreements
(b)
—
22
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$2,002,621
(Cost
$2,002,419)
$
2,002,419
2,002,419
Total
Investments
—
85.7%
(Cost
$8,219,282)
7,795,381
Other
assets
less
liabilities
—
14.3%
1,296,226
Net
Assets
—
100.0%
$
9,091,607
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$116,377.
(b)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
CONSUMER
DISCRETIONARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
27
UCC
::
Swap
Agreements
Ultra
Consumer
Discretionary
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
2,570,178
11/6/2026
BNP
Paribas
4.83%
S&P
Consumer
Discretionary
Select
Sector
Index
c
(
1,178,284
)
2,789,267
11/6/2026
Goldman
Sachs
International
4.38%
S&P
Consumer
Discretionary
Select
Sector
Index
c
(
833,871
)
2,961,241
11/6/2026
Societe
Generale
4.78%
S&P
Consumer
Discretionary
Select
Sector
Index
c
(
913,107
)
4,092,024
11/6/2026
UBS
AG
4.68%
S&P
Consumer
Discretionary
Select
Sector
Index
c
(
338,683
)
12,412,710
(
3,263,945
)
Total
Unrealized
Depreciation
(
3,263,945
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
CONSUMER
STAPLES
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
28
UGE
::
Investments
Shares
Value
Common
Stocks
(a)
—
53
.2
%
Beverages
—
10.9%
Brown-Forman
Corp.,
Class
a
B
571
$
15,172
Coca-Cola
Co.
(The)
4,404
390,503
Constellation
Brands,
Inc.,
Class
a
A
473
61,783
Keurig
Dr
Pepper,
Inc.
4,616
147,066
Molson
Coors
Beverage
Co.,
Class
a
B
544
21,629
Monster
Beverage
Corp.*
4,845
222,482
PepsiCo,
Inc.
1,669
234,228
1,092,863
Consumer
Staples
Distribution
&
Retail
—
17.6%
Casey's
General
Stores,
Inc.
125
94,026
Costco
Wholesale
Corp.
505
476,664
Dollar
General
Corp.
747
94,682
Dollar
Tree,
Inc.*
614
77,726
Kroger
Co.
(The)
1,925
110,765
Sysco
Corp.
1,622
131,512
Target
Corp.
1,541
247,916
Walmart,
Inc.
4,986
522,882
1,756,173
Food
Products
—
8.3%
Archer-Daniels-Midland
Co.
1,635
132,909
Bunge
Global
SA
461
53,573
General
Mills,
Inc.
1,811
74,613
Hershey
Co.
(The)
503
88,634
Hormel
Foods
Corp.
990
21,631
J
M
Smucker
Co.
(The)
362
47,480
Kraft
Heinz
Co.
(The)
2,897
74,366
McCormick
&
Co.,
Inc.
(Non-Voting)
862
46,738
Mondelez
International,
Inc.,
Class
a
A
3,754
233,011
Tyson
Foods,
Inc.,
Class
a
A
957
52,769
825,724
Household
Products
—
8.7%
Church
&
Dwight
Co.,
Inc.
804
80,223
Clorox
Co.
(The)
410
40,049
Colgate-Palmolive
Co.
2,678
240,538
Kimberly-Clark
Corp.
1,126
121,551
Procter
&
Gamble
Co.
(The)
2,648
384,278
866,639
Personal
Care
Products
—
2.1%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
839
85,830
Kenvue,
Inc.
6,514
122,984
208,814
Tobacco
—
5.6%
Altria
Group,
Inc.
3,294
225,573
Philip
Morris
International,
Inc.
1,773
332,083
557,656
Total
Common
Stocks
(Cost
$5,967,368)
5,307,869
Investments
Principal
Amount
Value
Short-Term
Investments
—
33
.5
%
Repurchase
Agreements
(b)
—
33
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$3,350,805
(Cost
$3,350,471)
$
3,350,471
$
3,350,471
Total
Investments
—
86.7%
(Cost
$9,317,839)
8,658,340
Other
assets
less
liabilities
—
13.3%
1,333,538
Net
Assets
—
100.0%
$
9,991,878
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$122,698.
(b)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
CONSUMER
STAPLES
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
29
UGE
::
Swap
Agreements
Ultra
Consumer
Staples
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
3,064,526
3/8/2027
Bank
of
America
NA
4.63%
S&P
Consumer
Staples
Select
Sector
Index
c
(
71,148
)
3,836,872
2/15/2028
Goldman
Sachs
International
4.38%
S&P
Consumer
Staples
Select
Sector
Index
c
108,027
4,341,768
3/8/2027
Societe
Generale
4.53%
S&P
Consumer
Staples
Select
Sector
Index
c
(
17,307
)
3,449,413
3/8/2027
UBS
AG
4.68%
S&P
Consumer
Staples
Select
Sector
Index
c
(
178,476
)
14,692,579
(
158,904
)
Total
Unrealized
Appreciation
108,027
Total
Unrealized
Depreciation
(
266,931
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
Ultra
Copper
K-1
Free
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
30
UCOP
::
Value
Other
assets
less
liabilities
—
100.0%
$
4,723,409
Net
Assets
—
100.0%
$
4,723,409
Swap
Agreements
Ultra
Copper
K-1
Free
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
4,489,255
3/15/2028
Bank
of
America
NA
7.13%
United
States
Copper
Index
96,154
2,747,481
3/15/2028
Citibank
NA
13.63%
United
States
Copper
Index
77,520
1,278,606
3/15/2028
Goldman
Sachs
International
6.13%
United
States
Copper
Index
382
931,773
3/15/2028
Nomura
Global
Financial
Products
Inc.
12.63%
United
States
Copper
Index
182,159
9,447,115
356,215
Total
Unrealized
Appreciation
356,215
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRA
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
31
DDM
::
Investments
Shares
Value
Common
Stocks
(a)
—
63
.8
%
Aerospace
&
Defense
—
1.5%
Boeing
Co.
(The)*
41,403
$
8,602,715
Banks
—
2.5%
JPMorgan
Chase
&
Co.
41,403
14,740,296
Beverages
—
0.6%
Coca-Cola
Co.
(The)
41,403
3,671,204
Biotechnology
—
3.1%
Amgen,
Inc.
41,403
17,798,322
Broadline
Retail
—
1.9%
Amazon.com,
Inc.*
41,403
10,755,257
Capital
Markets
—
7.3%
Goldman
Sachs
Group,
Inc.
(The)
41,403
42,475,338
Chemicals
—
2.4%
Sherwin-Williams
Co.
(The)
41,403
14,027,750
Communications
Equipment
—
0.8%
Cisco
Systems,
Inc.
41,403
4,574,617
Consumer
Finance
—
2.4%
American
Express
Co.
41,403
13,670,029
Consumer
Staples
Distribution
&
Retail
—
0.7%
Walmart,
Inc.
41,403
4,341,933
Entertainment
—
0.8%
Walt
Disney
Co.
(The)
41,403
4,452,893
Financial
Services
—
2.7%
Visa,
Inc.,
Class
a
A
41,403
15,707,056
Health
Care
Providers
&
Services
—
2.8%
UnitedHealth
Group,
Inc.
41,403
16,122,742
Hotels,
Restaurants
&
Leisure
—
1.9%
McDonald's
Corp.
41,403
10,911,347
Household
Products
—
1.0%
Procter
&
Gamble
Co.
(The)
41,403
6,008,403
Industrial
Conglomerates
—
2.7%
3M
Co.
41,403
7,114,277
Honeywell
International,
Inc.
41,403
8,840,783
15,955,060
Insurance
—
2.6%
Travelers
Cos.,
Inc.
(The)
41,403
15,150,600
Interactive
Media
&
Services
—
2.4%
Alphabet,
Inc.,
Class
a
A
41,403
14,050,108
Investments
Shares
Value
Common
Stocks
(a)
(continued)
IT
Services
—
1.7%
International
Business
Machines
Corp.
41,403
$
9,682,920
Machinery
—
5.7%
Caterpillar,
Inc.
41,403
33,017,650
Oil,
Gas
&
Consumable
Fuels
—
1.5%
Chevron
Corp.
41,403
8,534,814
Pharmaceuticals
—
2.9%
Johnson
&
Johnson
41,403
11,006,988
Merck
&
Co.,
Inc.
41,403
6,117,707
17,124,695
Semiconductors
&
Semiconductor
Equipment
—
1.6%
NVIDIA
Corp.
41,403
9,140,954
Software
—
5.4%
Microsoft
Corp.
41,403
21,003,328
Salesforce,
Inc.
41,403
10,662,929
31,666,257
Specialty
Retail
—
2.3%
Home
Depot,
Inc.
(The)
41,403
13,573,146
Technology
Hardware,
Storage
&
Peripherals
—
2.3%
Apple,
Inc.
41,400
13,117,590
Textiles,
Apparel
&
Luxury
Goods
—
0.3%
NIKE,
Inc.,
Class
a
B
41,403
1,617,201
Total
Common
Stocks
(Cost
$368,900,480)
370,490,897
Exchange
Traded
Funds
(a)
—
18
.9
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$110,078,000)
1,100,000
110,132,000
Principal
Amount
Short-Term
Investments
—
6
.6
%
Repurchase
Agreements
(d)
—
3
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$18,392,993
(Cost
$18,391,159)
$
18,391,159
18,391,159
ULTRA
DOW30
~
SM
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
32
DDM
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(a)
—
3
.4
%
U.S.
Treasury
Bills
(e)
3.71%,
9/17/2026
$
5,000,000
$
4,991,924
3.66%,
9/22/2026
5,000,000
4,989,375
3.72%,
9/24/2026
5,000,000
4,988,356
3.85%,
11/17/2026
5,000,000
4,960,208
Total
U.S.
Treasury
Obligations
(Cost
$19,928,791)
19,929,863
Total
Short-Term
Investments
(Cost
$38,319,950)
38,321,022
Total
Investments
—
89.3%
(Cost
$517,298,430)
518,943,919
Other
assets
less
liabilities
—
10.7%
61,966,385
Net
Assets
—
100.0%
$
580,910,304
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$43,175,719.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
75,090,000
35,045,500
–
–
(3,500)
110,132,000
1,100,000
726,676
Futures
Contracts
Purchased
Ultra
Dow30
SM
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
DJIA
CBOT
E-Mini
Index
247
9/18/2026
U.S.
Dollar
$
65,751,400
$
2,013,369
Swap
Agreements
Ultra
Dow30
SM
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
93,660,370
3/8/2027
Bank
of
America
NA
4.73%
Dow
Jones
Industrial
Average
SM
8,365,670
99,404,447
11/4/2027
Barclays
Bank
PLC
4.83%
Dow
Jones
Industrial
Average
SM
5,098,517
126,688,814
1/12/2027
BNP
Paribas
4.83%
Dow
Jones
Industrial
Average
SM
9,924,185
106,850,473
11/4/2027
Citibank
NA
4.58%
Dow
Jones
Industrial
Average
SM
7,300,253
219,095,397
11/4/2027
Morgan
Stanley
&
Co.
International
plc
4.98%
SPDR
®
Dow
Jones
Industrial
Average
SM
ETF
Trust
12,999,621
29,571,360
11/6/2026
Societe
Generale
4.68%
Dow
Jones
Industrial
Average
SM
5,751,004
50,526,605
1/12/2027
UBS
AG
4.68%
Dow
Jones
Industrial
Average
SM
2,063,734
725,797,466
51,502,984
Total
Unrealized
Appreciation
51,502,984
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
33
DDM
::
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
ENERGY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
34
DIG
::
Investments
Shares
Value
Common
Stocks
—
54
.1
%
Energy
Equipment
&
Services
—
5.6%
Baker
Hughes
Co.,
Class
a
A
26,269
$
1,669,395
Halliburton
Co.
22,121
815,159
SLB
Ltd.
37,170
2,233,917
4,718,471
Oil,
Gas
&
Consumable
Fuels
—
48.5%
APA
Corp.
9,359
403,841
Chevron
Corp.
33,089
6,820,966
ConocoPhillips
21,534
2,853,040
Devon
Energy
Corp.
30,530
1,481,010
Diamondback
Energy,
Inc.
5,139
1,030,267
EOG
Resources,
Inc.
13,067
1,894,192
EQT
Corp.
16,562
897,329
Expand
Energy
Corp.
6,335
621,843
ExxonMobil
Holdings
Corp.
56,526
9,097,860
Kinder
Morgan,
Inc.
51,842
1,671,386
Marathon
Petroleum
Corp.
6,651
2,482,951
Occidental
Petroleum
Corp.
19,226
1,157,021
ONEOK,
Inc.
16,682
1,601,639
Phillips
66
9,905
2,442,375
Targa
Resources
Corp.
5,682
1,668,519
Texas
Pacific
Land
Corp.
1,535
574,612
Valero
Energy
Corp.
6,474
2,323,648
Williams
Cos.,
Inc.
(The)
23,053
1,730,128
40,752,627
Total
Common
Stocks
(Cost
$39,390,706)
45,471,098
Exchange
Traded
Funds
(a)
—
21
.4
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$18,021,400)
180,000
18,021,600
Principal
Amount
Short-Term
Investments
—
6
.6
%
Repurchase
Agreements
(d)
—
6
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$5,517,320
(Cost
$5,516,769)
$
5,516,769
5,516,769
Total
Investments
—
82.1%
(Cost
$62,928,875)
69,009,467
Other
assets
less
liabilities
—
17.9%
15,035,830
Net
Assets
—
100.0%
$
84,045,297
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$4,319,778.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
ENERGY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
35
DIG
::
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
5,006,000
13,016,900
–
–
(1,300)
18,021,600
180,000
62,604
Swap
Agreements
Ultra
Energy
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
23,384,407
2/15/2028
Bank
of
America
NA
4.63%
S&P
Energy
Select
Sector
Index
c
1,612,673
25,117,875
2/15/2028
BNP
Paribas
4.83%
S&P
Energy
Select
Sector
Index
c
1,904,660
4,991,424
2/15/2028
Citibank
NA
4.53%
S&P
Energy
Select
Sector
Index
c
425,385
27,472,927
2/15/2028
Goldman
Sachs
International
4.38%
S&P
Energy
Select
Sector
Index
c
2,429,640
18,394,322
2/15/2028
Societe
Generale
4.68%
S&P
Energy
Select
Sector
Index
c
1,334,627
23,437,992
2/15/2028
UBS
AG
4.68%
S&P
Energy
Select
Sector
Index
c
1,313,072
122,798,947
9,020,057
Total
Unrealized
Appreciation
9,020,057
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
FINANCIALS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
36
UYG
::
Investments
Shares
Value
Common
Stocks
(a)
—
57
.6
%
Banks
—
16.2%
Bank
of
America
Corp.
382,995
$
23,722,710
Citigroup,
Inc.
100,054
13,169,107
Citizens
Financial
Group,
Inc.
24,809
1,708,596
Fifth
Third
Bancorp
53,170
2,858,951
Huntington
Bancshares,
Inc.
118,935
1,984,431
JPMorgan
Chase
&
Co.
157,218
55,972,752
KeyCorp
54,072
1,168,496
M&T
Bank
Corp.
8,594
2,010,480
PNC
Financial
Services
Group,
Inc.
(The)
23,562
5,646,162
Regions
Financial
Corp.
50,066
1,495,972
Truist
Financial
Corp.
73,098
3,624,199
U.S.
Bancorp
91,065
5,607,783
Wells
Fargo
&
Co.
179,553
15,511,584
134,481,223
Capital
Markets
—
15.2%
Ameriprise
Financial,
Inc.
5,272
2,915,996
Ares
Management
Corp.,
Class
a
A
12,368
1,770,727
Bank
of
New
York
Mellon
Corp.
(The)
40,273
6,495,229
Blackrock,
Inc.
8,466
9,783,394
Blackstone,
Inc.
43,615
6,247,413
Cboe
Global
Markets,
Inc.
6,138
1,842,628
Charles
Schwab
Corp.
(The)
95,910
10,532,836
CME
Group,
Inc.
21,263
6,070,587
Coinbase
Global,
Inc.,
Class
a
A*
13,051
2,455,154
FactSet
Research
Systems,
Inc.
2,138
670,370
Franklin
Templeton,
Inc.
17,993
614,461
Goldman
Sachs
Group,
Inc.
(The)
17,309
17,757,303
Interactive
Brokers
Group,
Inc.,
Class
a
A
26,142
2,543,355
Intercontinental
Exchange,
Inc.
33,010
5,304,707
Invesco
Ltd.
26,007
852,509
KKR
&
Co.,
Inc.
40,560
4,450,243
Moody's
Corp.
8,818
4,449,916
Morgan
Stanley
70,330
15,002,796
MSCI,
Inc.,
Class
a
A
4,270
2,436,633
Nasdaq,
Inc.
26,198
2,583,385
Northern
Trust
Corp.
10,856
2,014,439
Raymond
James
Financial,
Inc.
10,179
1,813,592
Robinhood
Markets,
Inc.,
Class
a
A*
46,409
4,864,127
S&P
Global,
Inc.
17,782
7,750,107
State
Street
Corp.
16,235
3,107,054
T.
Rowe
Price
Group,
Inc.
12,568
1,398,567
125,727,528
Consumer
Finance
—
2.4%
American
Express
Co.
31,221
10,308,237
Capital
One
Financial
Corp.
36,510
7,831,760
Synchrony
Financial
19,734
1,521,097
19,661,094
Financial
Services
—
16.2%
Apollo
Global
Management,
Inc.
27,062
3,696,128
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Berkshire
Hathaway,
Inc.,
Class
a
B*
107,569
$
54,218,003
Block,
Inc.,
Class
a
A*
31,405
2,575,838
Corpay,
Inc.*
3,834
1,550,086
Fidelity
National
Information
Services,
Inc.
30,313
1,235,861
Fiserv,
Inc.*
31,270
1,667,004
Global
Payments,
Inc.
13,638
1,241,740
Jack
Henry
&
Associates,
Inc.
4,172
700,521
Mastercard,
Inc.,
Class
a
A
47,325
27,889,096
PayPal
Holdings,
Inc.
51,751
2,725,466
Visa,
Inc.,
Class
a
A
97,379
36,942,671
134,442,414
Insurance
—
7.6%
Aflac,
Inc.
26,879
3,113,932
Allstate
Corp.
(The)
15,100
3,892,780
American
International
Group,
Inc.
31,109
2,375,483
Aon
plc,
Class
a
A
12,535
4,030,253
Arch
Capital
Group
Ltd.*
20,412
2,001,805
Arthur
J
Gallagher
&
Co.
15,070
3,950,600
Assurant,
Inc.
2,907
819,367
Brown
&
Brown,
Inc.
17,103
1,234,324
Chubb
Ltd.
21,161
7,165,115
Cincinnati
Financial
Corp.
9,072
1,541,333
Erie
Indemnity
Co.,
Class
a
A
1,488
380,273
Everest
Group
Ltd.
2,321
869,563
Globe
Life,
Inc.
4,569
788,929
Hartford
Insurance
Group,
Inc.
(The)
16,077
2,208,658
Loews
Corp.
9,898
1,071,854
Marsh
&
McLennan
Cos.,
Inc.
28,271
5,365,836
MetLife,
Inc.
31,713
3,018,126
Principal
Financial
Group,
Inc.
11,537
1,270,916
Progressive
Corp.
(The)
34,289
7,477,745
Prudential
Financial,
Inc.
20,357
2,393,983
Travelers
Cos.,
Inc.
(The)
12,478
4,566,075
W
R
Berkley
Corp.
17,253
1,165,613
Willis
Towers
Watson
plc
5,545
1,877,260
62,579,823
Total
Common
Stocks
(Cost
$452,401,111)
476,892,082
Exchange
Traded
Funds
(a)
—
4
.9
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$40,018,500)
400,000
40,048,000
AUGUST
31,
2026
(Unaudited)
::
ULTRA
FINANCIALS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
37
UYG
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
7
.6
%
Repurchase
Agreements
(d)
—
3
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$30,546,510
(Cost
$30,543,463)
$
30,543,463
$
30,543,463
U.S.
Treasury
Obligations
(a)
—
3
.9
%
U.S.
Treasury
Bills
(e)
3.71%,
9/17/2026
10,000,000
9,983,847
3.72%,
9/24/2026
10,000,000
9,976,713
3.78%,
11/3/2026
7,500,000
7,450,881
3.77%,
11/10/2026
5,000,000
4,963,828
Total
U.S.
Treasury
Obligations
(Cost
$32,374,945)
32,375,269
Total
Short-Term
Investments
(Cost
$62,918,408)
62,918,732
Total
Investments
—
70.1%
(Cost
$555,338,019)
579,858,814
Other
assets
less
liabilities
—
29.9%
247,602,343
Net
Assets
—
100.0%
$
827,461,157
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$103,944,860.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
40,048,000
–
–
–
–
40,048,000
400,000
362,782
ULTRA
FINANCIALS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
38
UYG
::
Swap
Agreements
Ultra
Financials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
205,762,222
4/15/2027
Bank
of
America
NA
4.73%
S&P
Financial
Select
Sector
Index
c
34,929,294
166,146,308
3/15/2028
Barclays
Bank
PLC
4.83%
S&P
Financial
Select
Sector
Index
c
14,358,659
173,149,136
4/15/2027
BNP
Paribas
4.83%
S&P
Financial
Select
Sector
Index
c
41,549,415
235,729,891
1/6/2028
Citibank
NA
4.63%
S&P
Financial
Select
Sector
Index
c
26,234,589
161,745,566
4/15/2027
Goldman
Sachs
International
4.38%
S&P
Financial
Select
Sector
Index
c
22,650,398
48,157,403
4/15/2027
J.P.
Morgan
Securities,
LLC
4.63%
S&P
Financial
Select
Sector
Index
c
40,580,414
63,942,535
3/8/2027
Societe
Generale
4.68%
S&P
Financial
Select
Sector
Index
c
26,884,117
125,897,455
4/15/2027
UBS
AG
4.68%
S&P
Financial
Select
Sector
Index
c
40,881,389
1,180,530,516
248,068,275
Total
Unrealized
Appreciation
248,068,275
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
FTSE
CHINA
50
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
39
XPP
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
41
.7
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$3,451,380)
34,500
$
3,454,140
Principal
Amount
Short-Term
Investments
—
2
.2
%
Repurchase
Agreements
(d)
—
2
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$183,377
(Cost
$183,359)
$
183,359
183,359
Total
Investments
—
43.9%
(Cost
$3,634,739)
3,637,499
Other
assets
less
liabilities
—
56.1%
4,654,404
Net
Assets
—
100.0%
$
8,291,903
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$434,220.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
4,455,340
–
(1,000,834)
434
(800)
3,454,140
34,500
37,701
Swap
Agreements
Ultra
FTSE
China
50
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
4,304,170
11/6/2026
Bank
of
America
NA
4.63%
iShares
®
China
Large-Cap
ETF
c
433,123
1,341,275
11/6/2026
Citibank
NA
4.40%
iShares
®
China
Large-Cap
ETF
c
(
716,285
)
7,894,421
11/6/2026
Goldman
Sachs
International
3.93%
iShares
®
China
Large-Cap
ETF
c
(
943,370
)
1,095,960
11/6/2026
Societe
Generale
4.58%
iShares
®
China
Large-Cap
ETF
c
724,085
1,966,700
11/9/2026
UBS
AG
4.23%
iShares
®
China
Large-Cap
ETF
c
(
1,053,048
)
16,602,526
(
1,555,495
)
Total
Unrealized
Appreciation
1,157,208
Total
Unrealized
Depreciation
(
2,712,703
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
ULTRA
FTSE
EUROPE
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
40
UPV
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
53
.1
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$7,507,750)
75,000
$
7,509,000
Principal
Amount
Short-Term
Investments
—
12
.0
%
Repurchase
Agreements
(d)
—
12
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,689,097
(Cost
$1,688,928)
$
1,688,928
1,688,928
Total
Investments
—
65.1%
(Cost
$9,196,678)
9,197,928
Other
assets
less
liabilities
—
34.9%
4,921,974
Net
Assets
—
100.0%
$
14,119,902
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$2,774,325.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
5,006,000
2,503,250
–
–
(250)
7,509,000
75,000
47,339
Swap
Agreements
Ultra
FTSE
Europe
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
9,630,554
11/6/2026
Bank
of
America
NA
4.63%
Vanguard
®
FTSE
Europe
ETF
Shares
c
451,259
8,784,600
12/16/2026
Citibank
NA
4.43%
Vanguard
®
FTSE
Europe
ETF
Shares
c
628,644
8,435,571
12/16/2026
Goldman
Sachs
International
4.13%
Vanguard
®
FTSE
Europe
ETF
Shares
c
631,958
1,038,677
11/6/2026
Societe
Generale
4.03%
Vanguard
®
FTSE
Europe
ETF
Shares
c
851,071
323,798
11/6/2026
UBS
AG
3.13%
Vanguard
®
FTSE
Europe
ETF
Shares
c
(
195,318
)
28,213,200
2,367,614
Total
Unrealized
Appreciation
2,562,932
Total
Unrealized
Depreciation
(
195,318
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRA
FTSE
EUROPE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
41
UPV
::
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
ULTRA
HEALTH
CARE
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
42
RXL
::
Investments
Shares
Value
Common
Stocks
—
67
.8
%
Biotechnology
—
13.1%
AbbVie,
Inc.
18,670
$
4,787,361
Amgen,
Inc.
5,702
2,451,176
Biogen,
Inc.*
1,560
337,974
Gilead
Sciences,
Inc.
13,118
1,919,688
Incyte
Corp.*
1,774
218,592
Moderna,
Inc.*
3,733
523,889
Regeneron
Pharmaceuticals,
Inc.
1,058
845,427
Vertex
Pharmaceuticals,
Inc.*
2,682
1,460,403
12,544,510
Health
Care
Equipment
&
Supplies
—
10.8%
Abbott
Laboratories
18,403
2,030,955
Align
Technology,
Inc.*
704
112,492
Baxter
International,
Inc.
5,457
141,882
Becton
Dickinson
&
Co.
2,912
547,776
Boston
Scientific
Corp.*
15,709
758,745
Cooper
Cos.,
Inc.
(The)*
2,062
144,526
Dexcom,
Inc.*
4,080
371,525
Edwards
Lifesciences
Corp.*
6,084
552,123
GE
HealthCare
Technologies,
Inc.
4,808
342,474
IDEXX
Laboratories,
Inc.*
835
464,836
Insulet
Corp.*
732
108,819
Intuitive
Surgical,
Inc.*
3,742
1,410,210
Medtronic
plc
13,567
1,229,848
ResMed,
Inc.
1,534
368,313
Solventum
Corp.*
1,555
141,598
STERIS
plc
1,039
241,713
Stryker
Corp.
3,646
1,180,575
Zimmer
Biomet
Holdings,
Inc.
2,045
204,582
10,352,992
Health
Care
Providers
&
Services
—
11.9%
Cardinal
Health,
Inc.
2,474
580,450
Cencora,
Inc.
2,056
665,322
Centene
Corp.*
4,956
318,869
Cigna
Group
(The)
2,793
771,091
CVS
Health
Corp.
13,471
1,265,062
DaVita,
Inc.*
340
59,843
Elevance
Health,
Inc.
2,295
900,879
HCA
Healthcare,
Inc.
1,642
680,527
Henry
Schein,
Inc.*
1,021
91,686
Humana,
Inc.
1,267
485,552
Labcorp
Holdings,
Inc.
866
288,084
McKesson
Corp.
1,269
1,123,471
Quest
Diagnostics,
Inc.
1,172
281,632
UnitedHealth
Group,
Inc.
9,595
3,736,389
Universal
Health
Services,
Inc.,
Class
a
B
564
96,066
11,344,923
Health
Care
Technology
—
0.5%
Veeva
Systems,
Inc.,
Class
a
A*
1,587
453,390
Life
Sciences
Tools
&
Services
—
6.4%
Agilent
Technologies,
Inc.
2,987
458,684
Investments
Shares
Value
Common
Stocks
(continued)
Bio-Techne
Corp.
1,655
$
119,673
Charles
River
Laboratories
International,
Inc.*
509
146,714
Danaher
Corp.
6,656
1,421,455
IQVIA
Holdings,
Inc.*
1,765
461,000
Mettler-Toledo
International,
Inc.*
214
300,700
Revvity,
Inc.
1,180
151,831
Thermo
Fisher
Scientific,
Inc.
3,922
2,420,266
Waters
Corp.*
1,041
431,630
West
Pharmaceutical
Services,
Inc.
746
254,468
6,166,421
Pharmaceuticals
—
25.1%
Bristol-Myers
Squibb
Co.
21,579
1,441,693
Eli
Lilly
&
Co.
8,359
9,669,106
Johnson
&
Johnson
25,437
6,762,426
Merck
&
Co.,
Inc.
26,079
3,853,433
Pfizer,
Inc.
60,225
1,714,004
Viatris,
Inc.
12,307
203,189
Zoetis,
Inc.,
Class
a
A
4,431
341,630
23,985,481
Total
Common
Stocks
(Cost
$53,713,007)
64,847,717
Exchange
Traded
Funds
(a)
—
8
.9
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)(d)
(Cost
$8,503,400)
85,000
8,510,200
Securities
Lending
Reinvestments
(e)
—
0
.3
%
Investment
Companies
—
0
.3
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(f)
(Cost
$306,546)
306,546
306,546
Principal
Amount
Short-Term
Investments
—
11
.5
%
Repurchase
Agreements
(g)
—
11
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$10,953,315
(Cost
$10,952,222)
$
10,952,222
10,952,222
Total
Investments
—
88.5%
(Cost
$73,475,175)
84,616,685
Other
assets
less
liabilities
—
11.5%
10,980,229
Net
Assets
—
100.0%
$
95,596,914
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$4,696,229.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
HEALTH
CARE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
43
RXL
::
(c)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$300,160,
collateralized
in
the
form
of
cash
with
a
value
of
$306,546
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(d)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(e)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$306,546.
(f)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(g)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
8,510,200
–
–
–
–
8,510,200
85,000
77,091
Swap
Agreements
Ultra
Health
Care
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
2,468,975
3/8/2027
Bank
of
America
NA
4.68%
S&P
Health
Care
Select
Sector
Index
c
(
2,600,599
)
35,548,765
3/8/2027
BNP
Paribas
4.83%
S&P
Health
Care
Select
Sector
Index
c
2,616,177
17,888,454
4/15/2027
Citibank
NA
4.58%
S&P
Health
Care
Select
Sector
Index
c
1,599,958
16,720,208
3/8/2027
Goldman
Sachs
International
4.38%
S&P
Health
Care
Select
Sector
Index
c
660,102
10,058,277
3/8/2027
Societe
Generale
4.63%
S&P
Health
Care
Select
Sector
Index
c
947,371
43,863,447
3/8/2027
UBS
AG
4.68%
S&P
Health
Care
Select
Sector
Index
c
1,726,933
126,548,126
4,949,942
Total
Unrealized
Appreciation
7,550,541
Total
Unrealized
Depreciation
(
2,600,599
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
HIGH
YIELD
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
44
UJB
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
18
.0
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)(d)
(Cost
$2,000,800)
20,000
$
2,002,400
Securities
Lending
Reinvestments
(e)
—
0
.5
%
Investment
Companies
—
0
.5
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(f)
(Cost
$51,330)
51,330
51,330
Principal
Amount
Short-Term
Investments
—
128
.0
%
Repurchase
Agreements
(g)
—
128
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$14,167,031
(Cost
$14,165,617)
$
14,165,617
14,165,617
Total
Investments
—
146.5%
(Cost
$16,217,747)
16,219,347
Liabilities
in
excess
of
other
assets
—
(46.5%)
(
5,148,813
)
Net
Assets
—
100.0%
$
11,070,534
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,940,225.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$50,260,
collateralized
in
the
form
of
cash
with
a
value
of
$51,330
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(d)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(e)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$51,330.
(f)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(g)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
2,002,400
–
–
–
–
2,002,400
20,000
18,139
AUGUST
31,
2026
(Unaudited)
::
ULTRA
HIGH
YIELD
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
45
UJB
::
Swap
Agreements
Ultra
High
Yield
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
9,723,529
3/15/2028
BNP
Paribas
3.93%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
c
(
6,562
)
4,685,517
3/8/2027
Citibank
NA
3.58%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
c
(
107,903
)
3,582,678
11/6/2026
Goldman
Sachs
International
2.63%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
c
273,687
4,190,786
11/15/2027
UBS
AG
3.63%
iShares
®
iBoxx
$
High
Yield
Corporate
Bond
ETF
c
16,629
22,182,510
175,851
Total
Unrealized
Appreciation
290,316
Total
Unrealized
Depreciation
(
114,465
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
ULTRA
INDUSTRIALS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
46
UXI
::
Investments
Shares
Value
Common
Stocks
—
64
.7
%
Aerospace
&
Defense
—
16.6%
Axon
Enterprise,
Inc.*
277
$
156,937
Boeing
Co.
(The)*
2,704
561,837
General
Dynamics
Corp.
871
323,446
General
Electric
Co.
3,580
1,201,842
Honeywell
Aerospace,
Inc.*
1,087
171,865
Howmet
Aerospace,
Inc.
1,373
336,316
Huntington
Ingalls
Industries,
Inc.
135
39,312
L3Harris
Technologies,
Inc.
639
170,134
Lockheed
Martin
Corp.
696
390,616
Northrop
Grumman
Corp.
458
247,183
RTX
Corp.
4,619
959,505
Textron,
Inc.
597
48,094
TransDigm
Group,
Inc.
192
224,974
4,832,061
Air
Freight
&
Logistics
—
2.3%
CH
Robinson
Worldwide,
Inc.
405
60,612
Expeditors
International
of
Washington,
Inc.
448
84,963
FedEx
Corp.
754
246,860
United
Parcel
Service,
Inc.,
Class
a
B
2,561
266,933
659,368
Building
Products
—
3.3%
A
O
Smith
Corp.
384
22,706
Allegion
plc
294
45,643
Builders
FirstSource,
Inc.*
370
24,568
Carrier
Global
Corp.
2,679
155,971
Johnson
Controls
International
plc
2,094
289,475
Lennox
International,
Inc.
108
41,325
Masco
Corp.
692
49,935
Trane
Technologies
plc
758
336,855
966,478
Commercial
Services
&
Supplies
—
3.0%
Cintas
Corp.
1,167
235,489
Copart,
Inc.*
3,042
100,356
Republic
Services,
Inc.,
Class
a
A
687
151,772
Rollins,
Inc.
1,008
36,358
Veralto
Corp.
843
83,094
Waste
Management,
Inc.
1,267
277,372
884,441
Construction
&
Engineering
—
2.1%
Comfort
Systems
USA,
Inc.
121
187,020
EMCOR
Group,
Inc.
153
112,385
Quanta
Services,
Inc.
514
312,044
611,449
Electrical
Equipment
—
8.5%
AMETEK,
Inc.
787
185,079
Eaton
Corp.
plc
1,332
535,304
Emerson
Electric
Co.
1,921
292,837
GE
Vernova,
Inc.
922
828,445
Investments
Shares
Value
Common
Stocks
(continued)
Generac
Holdings,
Inc.*
201
$
37,262
Hubbell,
Inc.,
Class
a
B
182
82,446
Rockwell
Automation,
Inc.
382
162,132
Vertiv
Holdings
Co.,
Class
a
A
1,317
340,734
2,464,239
Ground
Transportation
—
6.8%
CSX
Corp.
6,374
321,951
Fedex
Freight
Holding
Co.,
Inc.*
373
49,885
JB
Hunt
Transport
Services,
Inc.
255
67,695
Norfolk
Southern
Corp.
770
263,948
Old
Dominion
Freight
Line,
Inc.
628
125,575
Uber
Technologies,
Inc.*
6,983
528,264
Union
Pacific
Corp.
2,037
612,465
1,969,783
Industrial
Conglomerates
—
2.1%
3M
Co.
1,789
307,404
DuPont
de
Nemours,
Inc.
469
63,123
Honeywell
International,
Inc.
1,087
232,107
602,634
Machinery
—
13.2%
Caterpillar,
Inc.
1,580
1,260,003
Cummins,
Inc.
474
267,526
Deere
&
Co.
861
563,877
Dover
Corp.
463
89,928
Fortive
Corp.
1,046
61,547
IDEX
Corp.
254
58,075
Illinois
Tool
Works,
Inc.
898
247,282
Ingersoll
Rand,
Inc.
1,221
94,078
Nordson
Corp.
182
58,553
Otis
Worldwide
Corp.
1,316
93,607
PACCAR,
Inc.
1,806
224,179
Parker-Hannifin
Corp.
433
424,097
Pentair
plc
554
33,495
Snap-on,
Inc.
178
68,763
Stanley
Black
&
Decker,
Inc.
534
51,462
Westinghouse
Air
Brake
Technologies
Corp.
581
166,125
Xylem,
Inc.
816
89,850
3,852,447
Passenger
Airlines
—
1.2%
Delta
Air
Lines,
Inc.
2,242
174,876
Southwest
Airlines
Co.
1,677
64,615
United
Airlines
Holdings,
Inc.*
1,113
120,193
359,684
Professional
Services
—
3.0%
Automatic
Data
Processing,
Inc.
1,372
392,612
Broadridge
Financial
Solutions,
Inc.
397
72,405
Equifax,
Inc.
409
77,366
Jacobs
Solutions,
Inc.
405
60,365
Leidos
Holdings,
Inc.
432
60,571
Paychex,
Inc.
1,106
140,838
AUGUST
31,
2026
(Unaudited)
::
ULTRA
INDUSTRIALS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
47
UXI
::
Investments
Shares
Value
Common
Stocks
(continued)
Verisk
Analytics,
Inc.,
Class
a
A
449
$
87,007
891,164
Trading
Companies
&
Distributors
—
2.6%
Fastenal
Co.
3,938
194,183
Ferguson
Enterprises,
Inc.
660
148,177
United
Rentals,
Inc.
215
223,170
WW
Grainger,
Inc.
150
196,423
761,953
Total
Common
Stocks
(Cost
$16,123,780)
18,855,701
Principal
Amount
Short-Term
Investments
—
10
.5
%
Repurchase
Agreements
(a)
—
10
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$3,058,415
(Cost
$3,058,108)
$
3,058,108
3,058,108
Total
Investments
—
75.2%
(Cost
$19,181,888)
21,913,809
Other
assets
less
liabilities
—
24.8%
7,213,363
Net
Assets
—
100.0%
$
29,127,172
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
Ultra
Industrials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
9,667,343
11/6/2026
Bank
of
America
NA
4.68%
S&P
Industrials
Select
Sector
Index
c
509,753
9,489,232
2/15/2028
BNP
Paribas
4.83%
S&P
Industrials
Select
Sector
Index
c
(
89,962
)
6,043,412
2/15/2028
Goldman
Sachs
International
4.38%
S&P
Industrials
Select
Sector
Index
c
(
44,647
)
4,537,408
3/8/2027
Societe
Generale
4.73%
S&P
Industrials
Select
Sector
Index
c
1,211,608
9,625,019
11/6/2026
UBS
AG
4.68%
S&P
Industrials
Select
Sector
Index
c
1,319,812
39,362,414
2,906,564
Total
Unrealized
Appreciation
3,041,173
Total
Unrealized
Depreciation
(
134,609
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
MATERIALS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
48
UYM
::
Investments
Shares
Value
Common
Stocks
—
69
.3
%
Chemicals
—
34.5%
Air
Products
and
Chemicals,
Inc.
4,495
$
1,391,023
Albemarle
Corp.
4,500
607,365
CF
Industries
Holdings,
Inc.
5,862
762,236
Corteva,
Inc.
16,704
1,413,660
Dow,
Inc.
27,485
838,842
Ecolab,
Inc.
4,837
1,369,838
International
Flavors
&
Fragrances,
Inc.
9,742
841,027
Linde
plc
7,725
3,782,006
LyondellBasell
Industries
NV,
Class
a
A
9,854
641,298
Mosaic
Co.
(The)
12,134
292,672
PPG
Industries,
Inc.
8,496
952,996
Sherwin-Williams
Co.
(The)
4,090
1,385,733
14,278,696
Construction
Materials
—
8.6%
CRH
plc
12,415
1,170,610
Martin
Marietta
Materials,
Inc.
2,248
1,166,038
Vulcan
Materials
Co.
4,559
1,229,015
3,565,663
Containers
&
Packaging
—
10.8%
Amcor
plc
17,643
809,638
Avery
Dennison
Corp.
2,919
508,227
Ball
Corp.
10,160
639,775
International
Paper
Co.
20,203
766,300
Packaging
Corp.
of
America
3,379
790,483
Smurfit
Westrock
plc
19,999
937,953
4,452,376
Industrial
Conglomerates
—
0.0%(a)
DuPont
de
Nemours,
Inc.
1
134
Metals
&
Mining
—
15.4%
Freeport-McMoRan,
Inc.
24,020
1,819,275
Newmont
Corp.
17,838
2,248,658
Nucor
Corp.
4,962
1,238,714
Steel
Dynamics,
Inc.
4,632
1,077,496
6,384,143
Total
Common
Stocks
(Cost
$27,262,093)
28,681,012
Investments
Principal
Amount
Value
Short-Term
Investments
—
14
.4
%
Repurchase
Agreements
(b)
—
14
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$5,955,972
(Cost
$5,955,377)
$
5,955,377
$
5,955,377
Total
Investments
—
83.7%
(Cost
$33,217,470)
34,636,389
Other
assets
less
liabilities
—
16.3%
6,727,884
Net
Assets
—
100.0%
$
41,364,273
(a)
Represents
less
than
0.05%
of
net
assets.
(b)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
MATERIALS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
49
UYM
::
Swap
Agreements
Ultra
Materials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
11,708,921
3/8/2027
Bank
of
America
NA
4.68%
S&P
Materials
Select
Sector
Index
c
(
272,071
)
10,470,520
2/15/2028
BNP
Paribas
4.83%
S&P
Materials
Select
Sector
Index
c
379,261
10,757,766
2/15/2028
Goldman
Sachs
International
4.38%
S&P
Materials
Select
Sector
Index
c
489,729
8,847,634
2/15/2028
Societe
Generale
4.63%
S&P
Materials
Select
Sector
Index
c
404,993
12,145,937
2/15/2028
UBS
AG
4.68%
S&P
Materials
Select
Sector
Index
c
436,326
53,930,778
1,438,238
Total
Unrealized
Appreciation
1,710,309
Total
Unrealized
Depreciation
(
272,071
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
MIDCAP400
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
50
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
—
76
.3
%
Aerospace
&
Defense
—
3.1%
AeroVironment,
Inc.*
1,035
$
153,542
ATI,
Inc.*
4,376
893,579
BWX
Technologies,
Inc.
2,938
447,428
Carpenter
Technology
Corp.
1,593
758,937
Curtiss-Wright
Corp.
1,184
689,716
Hexcel
Corp.
2,419
224,169
Kratos
Defense
&
Security
Solutions,
Inc.*
6,013
306,543
Moog,
Inc.,
Class
a
A
911
338,436
StandardAero,
Inc.*
6,075
148,777
Woodward,
Inc.
1,910
649,056
4,610,183
Air
Freight
&
Logistics
—
0.1%
GXO
Logistics,
Inc.*
3,689
176,076
Automobile
Components
—
0.8%
Autoliv,
Inc.
2,208
267,632
BorgWarner,
Inc.
6,576
421,916
Gentex
Corp.
6,828
152,742
Lear
Corp.
1,606
200,734
Visteon
Corp.
855
87,056
1,130,080
Automobiles
—
0.1%
Harley-Davidson,
Inc.
3,376
93,178
Thor
Industries,
Inc.
1,687
128,212
221,390
Banks
—
4.3%
Associated
Banc-Corp.
5,238
160,335
Bank
OZK
3,291
161,522
Columbia
Banking
System,
Inc.
9,283
275,148
Commerce
Bancshares,
Inc.
4,347
250,865
Cullen/Frost
Bankers,
Inc.
2,014
323,992
East
West
Bancorp,
Inc.
4,393
557,296
First
Financial
Bankshares,
Inc.
4,181
138,935
First
Horizon
Corp.
15,219
370,126
Flagstar
Bank
NA
9,625
128,109
FNB
Corp.
11,415
208,095
Glacier
Bancorp,
Inc.
4,132
191,353
Hancock
Whitney
Corp.
2,602
193,823
Home
BancShares,
Inc.
6,006
176,937
International
Bancshares
Corp.
1,734
121,657
Old
National
Bancorp
11,026
282,045
Pinnacle
Financial
Partners,
Inc.
4,823
482,155
Prosperity
Bancshares,
Inc.
3,777
270,282
Southstate
Bank
Corp.
3,132
328,516
Texas
Capital
Bancshares,
Inc.
1,401
136,149
UMB
Financial
Corp.
2,290
324,333
United
Bankshares,
Inc.
4,408
207,749
Valley
National
Bancorp
15,282
208,447
Western
Alliance
Bancorp
3,284
256,579
Wintrust
Financial
Corp.
2,163
325,229
Zions
Bancorp
NA
4,716
314,510
6,394,187
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Beverages
—
0.4%
Boston
Beer
Co.,
Inc.
(The),
Class
a
A*
239
$
42,497
Celsius
Holdings,
Inc.*
5,083
159,860
Coca-Cola
Consolidated,
Inc.
1,813
354,568
556,925
Biotechnology
—
2.6%
Arrowhead
Pharmaceuticals,
Inc.*
4,517
372,156
BioMarin
Pharmaceutical,
Inc.*
6,197
404,230
Cytokinetics,
Inc.*
4,353
308,671
Exelixis,
Inc.*
8,060
440,398
Halozyme
Therapeutics,
Inc.*
3,803
404,981
Krystal
Biotech,
Inc.*
841
302,222
Neurocrine
Biosciences,
Inc.*
3,224
496,593
Roivant
Sciences
Ltd.*
14,462
500,964
United
Therapeutics
Corp.*
1,361
694,627
3,924,842
Broadline
Retail
—
0.2%
Macy's,
Inc.
8,457
185,716
Ollie's
Bargain
Outlet
Holdings,
Inc.*
1,945
146,692
332,408
Building
Products
—
1.4%
AAON,
Inc.
2,180
165,615
Advanced
Drainage
Systems,
Inc.
2,298
311,907
Carlisle
Cos.,
Inc.
1,295
448,821
Fortune
Brands
Innovations,
Inc.
3,826
169,607
Louisiana-Pacific
Corp.
2,039
143,770
Owens
Corning
2,583
356,841
Simpson
Manufacturing
Co.,
Inc.
1,318
240,680
Trex
Co.,
Inc.*
3,331
151,827
UFP
Industries,
Inc.
1,812
153,150
2,142,218
Capital
Markets
—
1.8%
Affiliated
Managers
Group,
Inc.
847
311,857
Carlyle
Group,
Inc.
(The)
8,310
402,121
Evercore,
Inc.,
Class
a
A
1,240
355,173
Federated
Hermes,
Inc.,
Class
a
B
2,322
147,795
Hamilton
Lane,
Inc.,
Class
a
A
1,310
142,554
Houlihan
Lokey,
Inc.,
Class
a
A
1,738
231,658
Jefferies
Financial
Group,
Inc.
5,244
276,044
Morningstar,
Inc.
707
154,791
SEI
Investments
Co.
2,931
325,283
Stifel
Financial
Corp.
4,918
397,276
2,744,552
Chemicals
—
1.2%
Ashland,
Inc.
1,468
107,648
Avient
Corp.
2,941
129,581
Axalta
Coating
Systems
Ltd.*
6,862
249,914
AUGUST
31,
2026
(Unaudited)
::
ULTRA
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
51
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Cabot
Corp.
1,655
$
136,885
NewMarket
Corp.
244
219,039
Olin
Corp.
3,653
63,562
RPM
International,
Inc.
4,092
425,977
Scotts
Miracle-Gro
Co.
(The)
1,436
85,873
Solstice
Advanced
Materials,
Inc.
5,092
322,782
Westlake
Corp.
1,068
80,175
1,821,436
Commercial
Services
&
Supplies
—
1.1%
Brink's
Co.
(The)
1,320
143,788
Clean
Harbors,
Inc.*
1,593
502,193
MSA
Safety,
Inc.
1,163
217,213
RB
Global,
Inc.
5,974
505,281
Tetra
Tech,
Inc.
8,322
300,757
1,669,232
Communications
Equipment
—
0.2%
Viavi
Solutions,
Inc.*
7,500
272,175
Construction
&
Engineering
—
1.8%
AECOM
4,121
277,879
API
Group
Corp.*
12,363
485,248
Dycom
Industries,
Inc.*
962
280,144
Fluor
Corp.*
4,479
244,151
IES
Holdings,
Inc.*
564
170,892
MasTec,
Inc.*
1,976
473,805
Sterling
Infrastructure,
Inc.*
984
462,549
Valmont
Industries,
Inc.
623
292,598
2,687,266
Construction
Materials
—
0.2%
Eagle
Materials,
Inc.
1,007
195,620
Knife
River
Corp.*
1,820
114,114
309,734
Consumer
Finance
—
0.5%
Ally
Financial,
Inc.
8,944
377,526
FirstCash
Holdings,
Inc.
1,237
265,299
SLM
Corp.
6,041
156,885
799,710
Consumer
Staples
Distribution
&
Retail
—
1.5%
Albertsons
Cos.,
Inc.,
Class
a
A
11,418
141,012
BJ's
Wholesale
Club
Holdings,
Inc.*
4,094
371,121
Maplebear,
Inc.*
5,275
266,493
Performance
Food
Group
Co.*
5,037
499,519
Sprouts
Farmers
Market,
Inc.*
3,015
247,351
US
Foods
Holding
Corp.*
7,062
740,380
2,265,876
Containers
&
Packaging
—
0.8%
AptarGroup,
Inc.
2,047
269,426
Crown
Holdings,
Inc.
3,543
412,370
Graphic
Packaging
Holding
Co.
9,488
106,266
Greif,
Inc.,
Class
a
A
794
65,704
Silgan
Holdings,
Inc.
2,813
116,852
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Sonoco
Products
Co.
3,170
$
174,825
1,145,443
Diversified
Consumer
Services
—
0.7%
Duolingo,
Inc.,
Class
a
A*
1,290
191,385
Graham
Holdings
Co.,
Class
a
B
107
120,791
Grand
Canyon
Education,
Inc.*
841
124,577
H&R
Block,
Inc.
4,064
209,906
Service
Corp.
International
4,424
361,175
1,007,834
Diversified
REITs
—
0.3%
WP
Carey,
Inc.,
REIT
7,142
499,654
Electric
Utilities
—
0.6%
IDACORP,
Inc.
1,776
241,820
OGE
Energy
Corp.
6,617
301,934
Portland
General
Electric
Co.
3,711
181,319
TXNM
Energy,
Inc.
3,195
184,064
909,137
Electrical
Equipment
—
1.6%
Acuity,
Inc.
965
320,177
EnerSys
1,182
217,323
Nextpower,
Inc.,
Class
a
A*
4,761
390,545
nVent
Electric
plc
5,186
781,790
Regal
Rexnord
Corp.
2,134
338,132
Sensata
Technologies
Holding
plc
4,663
191,323
Vicor
Corp.*
749
140,572
2,379,862
Electronic
Equipment,
Instruments
&
Components
—
2.7%
Advanced
Energy
Industries,
Inc.
1,220
337,769
Arrow
Electronics,
Inc.*
1,640
335,265
Avnet,
Inc.
2,631
235,632
Belden,
Inc.
1,249
142,961
Cognex
Corp.
5,336
325,283
Crane
NXT
Co.
1,587
77,604
Fabrinet*
1,149
474,457
IPG
Photonics
Corp.*
817
62,157
Littelfuse,
Inc.
811
334,278
Novanta,
Inc.*
1,142
166,983
Sanmina
Corp.*
1,719
338,162
TD
SYNNEX
Corp.
2,397
606,081
TTM
Technologies,
Inc.*
3,329
395,885
Vontier
Corp.
4,515
145,428
3,977,945
Energy
Equipment
&
Services
—
1.1%
NOV,
Inc.
11,509
245,027
TechnipFMC
plc
12,784
999,069
Valaris
Ltd.*
2,065
178,354
Weatherford
International
plc
2,306
225,458
1,647,908
Entertainment
—
0.5%
Roku,
Inc.,
Class
a
A*
4,206
660,048
ULTRA
MIDCAP400
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
52
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Warner
Music
Group
Corp.,
Class
a
A
4,690
$
132,305
792,353
Financial
Services
—
1.5%
Corebridge
Financial,
Inc.
7,762
252,575
Equitable
Holdings,
Inc.
9,027
452,524
Essent
Group
Ltd.
2,955
199,640
Euronet
Worldwide,
Inc.*
1,135
78,894
MGIC
Investment
Corp.
6,781
207,838
Shift4
Payments,
Inc.,
Class
a
A(b)
1,882
79,571
Toast,
Inc.,
Class
a
A*
15,056
513,259
Voya
Financial,
Inc.
2,906
294,436
WEX,
Inc.*
1,111
211,734
2,290,471
Food
Products
—
0.5%
Darling
Ingredients,
Inc.*
5,096
337,712
Ingredion,
Inc.
2,022
209,196
Marzetti
Co.
(The)
650
73,223
Pilgrim's
Pride
Corp.*
1,374
43,116
Post
Holdings,
Inc.*
1,279
106,617
769,864
Gas
Utilities
—
0.8%
National
Fuel
Gas
Co.
3,048
253,167
New
Jersey
Resources
Corp.
3,236
172,608
ONE
Gas,
Inc.
2,013
159,570
Southwest
Gas
Holdings,
Inc.
2,066
182,490
Spire,
Inc.
1,895
155,087
UGI
Corp.
6,875
264,344
1,187,266
Ground
Transportation
—
1.3%
Avis
Budget
Group,
Inc.*
543
80,087
Knight-Swift
Transportation
Holdings,
Inc.,
Class
a
A
5,210
356,937
Landstar
System,
Inc.
1,088
196,526
Ryder
System,
Inc.
1,241
303,375
Saia,
Inc.*
854
303,281
XPO,
Inc.*
3,765
730,372
1,970,578
Health
Care
Equipment
&
Supplies
—
0.9%
DENTSPLY
SIRONA,
Inc.
6,425
71,767
Envista
Holdings
Corp.*
5,218
141,617
Globus
Medical,
Inc.,
Class
a
A*
3,634
295,699
Haemonetics
Corp.*
1,490
153,574
Lantheus
Holdings,
Inc.*
2,087
210,703
LivaNova
plc*
1,762
140,625
Penumbra,
Inc.*
1,260
407,106
1,421,091
Health
Care
Providers
&
Services
—
1.9%
BrightSpring
Health
Services,
Inc.*
5,071
296,146
Chemed
Corp.
426
220,971
Encompass
Health
Corp.
3,181
382,388
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Ensign
Group,
Inc.
(The)
1,858
$
320,059
HealthEquity,
Inc.*
2,709
261,527
Hims
&
Hers
Health,
Inc.*
6,795
200,996
Molina
Healthcare,
Inc.*
1,670
331,946
Option
Care
Health,
Inc.*
5,036
118,094
Tenet
Healthcare
Corp.*
2,762
734,443
2,866,570
Health
Care
REITs
—
1.0%
American
Healthcare
REIT,
Inc.
6,180
341,198
CareTrust
REIT,
Inc.
7,575
295,046
Healthcare
Realty
Trust,
Inc.,
Class
a
A,
REIT
11,112
211,572
Omega
Healthcare
Investors,
Inc.,
REIT
9,549
436,580
Sabra
Health
Care
REIT,
Inc.
8,091
164,976
1,449,372
Health
Care
Technology
—
0.1%
Doximity,
Inc.,
Class
a
A*
4,290
114,586
Hotel
&
Resort
REITs
—
0.1%
Park
Hotels
&
Resorts,
Inc.,
REIT
6,457
98,792
Hotels,
Restaurants
&
Leisure
—
1.8%
Aramark
8,432
474,806
Boyd
Gaming
Corp.
1,764
136,869
Cava
Group,
Inc.*
3,210
211,057
Choice
Hotels
International,
Inc.
650
67,184
Churchill
Downs,
Inc.
2,123
185,720
Dutch
Bros,
Inc.,
Class
a
A*
4,090
199,837
Hilton
Grand
Vacations,
Inc.*
1,926
81,682
Hyatt
Hotels
Corp.,
Class
a
A
1,315
219,566
Planet
Fitness,
Inc.,
Class
a
A*
2,538
130,961
Texas
Roadhouse,
Inc.,
Class
a
A
2,108
412,325
Travel
+
Leisure
Co.
2,002
137,657
Vail
Resorts,
Inc.(b)
1,142
156,351
Wingstop,
Inc.
873
95,576
Wyndham
Hotels
&
Resorts,
Inc.
2,400
176,784
2,686,375
Household
Durables
—
1.0%
KB
Home
2,009
107,080
SharkNinja,
Inc.*
2,269
436,760
Somnigroup
International,
Inc.
7,381
477,920
Toll
Brothers,
Inc.
3,036
435,514
Whirlpool
Corp.
2,079
84,906
1,542,180
Independent
Power
and
Renewable
Electricity
Producers
—
0.4%
Ormat
Technologies,
Inc.
1,970
200,940
Talen
Energy
Corp.*
1,456
430,627
631,567
Industrial
REITs
—
0.7%
EastGroup
Properties,
Inc.,
REIT
1,721
343,339
AUGUST
31,
2026
(Unaudited)
::
ULTRA
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
53
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
First
Industrial
Realty
Trust,
Inc.,
REIT
4,251
$
263,052
Rexford
Industrial
Realty,
Inc.,
REIT
7,181
265,984
STAG
Industrial,
Inc.,
REIT
6,131
228,380
1,100,755
Insurance
—
2.8%
American
Financial
Group,
Inc.
2,211
315,178
Brighthouse
Financial,
Inc.*
1,833
97,186
CNO
Financial
Group,
Inc.
2,994
164,041
Fidelity
National
Financial,
Inc.
8,112
376,802
First
American
Financial
Corp.
3,267
241,497
Hanover
Insurance
Group,
Inc.
(The)
1,122
253,695
Kinsale
Capital
Group,
Inc.
702
262,478
Old
Republic
International
Corp.
7,185
299,830
Primerica,
Inc.
1,000
287,650
Reinsurance
Group
of
America,
Inc.
2,101
516,930
RenaissanceRe
Holdings
Ltd.
1,366
447,556
RLI
Corp.
2,948
187,110
Ryan
Specialty
Holdings,
Inc.,
Class
a
A
3,653
154,084
Selective
Insurance
Group,
Inc.
1,921
175,368
Unum
Group
4,713
439,346
4,218,751
Interactive
Media
&
Services
—
0.2%
Pinterest,
Inc.,
Class
a
A*
15,447
335,354
IT
Services
—
1.6%
DigitalOcean
Holdings,
Inc.*
2,610
288,901
Kyndryl
Holdings,
Inc.*
7,229
97,230
Okta,
Inc.,
Class
a
A*
5,375
930,090
Twilio,
Inc.,
Class
a
A*
4,866
1,146,576
2,462,797
Leisure
Products
—
0.3%
Brunswick
Corp.
2,084
158,176
Mattel,
Inc.*
9,319
139,319
Polaris,
Inc.
1,732
111,783
YETI
Holdings,
Inc.*
2,429
99,710
508,988
Life
Sciences
Tools
&
Services
—
1.8%
Avantor,
Inc.*
21,893
318,324
Bio-Rad
Laboratories,
Inc.,
Class
a
A*
578
223,177
Bruker
Corp.
3,563
206,690
Illumina,
Inc.*
4,852
1,036,533
Medpace
Holdings,
Inc.*
723
429,455
Repligen
Corp.*
1,700
307,666
Sotera
Health
Co.*
8,504
160,725
2,682,570
Machinery
—
4.2%
AGCO
Corp.
1,927
227,983
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Allison
Transmission
Holdings,
Inc.
2,659
$
334,263
CNH
Industrial
NV
28,229
333,949
Crane
Co.
1,574
322,780
Donaldson
Co.,
Inc.
3,714
337,565
Esab
Corp.
1,835
138,322
Flowserve
Corp.
4,097
324,032
Graco,
Inc.
5,321
412,005
ITT,
Inc.
2,867
574,231
Lincoln
Electric
Holdings,
Inc.
1,757
494,121
Middleby
Corp.
(The)*
1,334
147,861
Mueller
Industries,
Inc.
7,091
442,549
Oshkosh
Corp.
1,999
308,066
RBC
Bearings,
Inc.*
1,011
499,697
SPX
Technologies,
Inc.*
1,605
315,784
Terex
Corp.
3,662
232,574
Timken
Co.
(The)
2,028
244,273
Toro
Co.
(The)
3,109
304,091
Watts
Water
Technologies,
Inc.,
Class
a
A
881
322,226
6,316,372
Marine
Transportation
—
0.2%
Kirby
Corp.*
1,716
243,432
Media
—
0.5%
New
York
Times
Co.
(The),
Class
a
A
5,164
347,382
Nexstar
Media
Group,
Inc.,
Class
a
A
921
167,742
Sirius
XM
Holdings,
Inc.
6,045
170,288
685,412
Metals
&
Mining
—
2.4%
Alcoa
Corp.
8,461
422,627
Cleveland-Cliffs,
Inc.*
18,291
211,261
Coeur
Mining,
Inc.
33,172
689,314
Commercial
Metals
Co.
3,555
239,856
Hecla
Mining
Co.
21,506
427,324
MP
Materials
Corp.(b)
4,338
237,505
Reliance,
Inc.
1,637
628,690
Royal
Gold,
Inc.
2,612
682,960
3,539,537
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.5%
Annaly
Capital
Management,
Inc.
23,497
538,552
Starwood
Property
Trust,
Inc.
11,176
175,463
714,015
Multi-Utilities
—
0.2%
Black
Hills
Corp.
2,440
174,899
Northwestern
Energy
Group,
Inc.
1,972
136,384
311,283
Office
REITs
—
0.4%
COPT
Defense
Properties,
REIT
3,619
130,284
Cousins
Properties,
Inc.,
REIT
5,276
152,951
ULTRA
MIDCAP400
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
54
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Kilroy
Realty
Corp.,
REIT
3,430
$
124,509
Vornado
Realty
Trust,
REIT
5,066
189,367
597,111
Oil,
Gas
&
Consumable
Fuels
—
2.9%
Antero
Midstream
Corp.
10,662
239,042
Antero
Resources
Corp.*
9,438
363,174
Chord
Energy
Corp.
1,806
265,681
CNX
Resources
Corp.*
4,537
165,056
DT
Midstream,
Inc.
3,270
428,435
HF
Sinclair
Corp.
4,913
499,210
Matador
Resources
Co.
3,742
217,073
Murphy
Oil
Corp.
4,321
157,371
Ovintiv,
Inc.
8,831
579,755
PBF
Energy,
Inc.,
Class
a
A
2,694
196,635
Permian
Resources
Corp.,
Class
a
A
25,237
587,770
Range
Resources
Corp.
7,555
312,173
Viper
Energy,
Inc.,
Class
a
A
6,228
278,952
4,290,327
Passenger
Airlines
—
0.3%
Alaska
Air
Group,
Inc.*
3,573
147,672
American
Airlines
Group,
Inc.*
21,207
284,810
432,482
Personal
Care
Products
—
0.1%
elf
Beauty,
Inc.*
1,893
206,432
Pharmaceuticals
—
0.6%
Elanco
Animal
Health,
Inc.*
16,015
383,079
Jazz
Pharmaceuticals
plc*
2,012
504,368
887,447
Professional
Services
—
1.9%
Booz
Allen
Hamilton
Holding
Corp.,
Class
a
A
3,868
292,614
CACI
International,
Inc.,
Class
a
A*
708
441,091
ExlService
Holdings,
Inc.*
4,899
186,554
Exponent,
Inc.
1,555
110,421
FTI
Consulting,
Inc.*
949
142,891
Genpact
Ltd.
5,055
191,989
KBR,
Inc.
4,066
152,475
Maximus,
Inc.
1,685
97,342
Parsons
Corp.*
1,715
83,418
Paylocity
Holding
Corp.*
1,391
222,866
Science
Applications
International
Corp.
1,382
177,200
TransUnion
6,183
524,998
UL
Solutions,
Inc.,
Class
a
A
2,494
185,853
2,809,712
Real
Estate
Management
&
Development
—
0.4%
Jones
Lang
LaSalle,
Inc.*
1,487
544,049
Residential
REITs
—
0.9%
American
Homes
4
Rent,
Class
a
A,
REIT
10,157
338,228
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Equity
LifeStyle
Properties,
Inc.,
REIT
6,218
$
394,532
Independence
Realty
Trust,
Inc.,
REIT
7,545
122,078
Sun
Communities,
Inc.,
REIT
3,713
450,833
1,305,671
Retail
REITs
—
0.7%
Agree
Realty
Corp.,
REIT
3,845
277,801
Brixmor
Property
Group,
Inc.,
REIT
9,839
284,249
Kite
Realty
Group
Trust,
REIT
6,512
168,010
NNN
REIT,
Inc.
6,100
275,720
1,005,780
Semiconductors
&
Semiconductor
Equipment
—
3.2%
Allegro
MicroSystems,
Inc.*
3,982
144,347
Amkor
Technology,
Inc.
3,656
172,929
Cirrus
Logic,
Inc.*
1,636
179,158
Entegris,
Inc.
4,890
661,568
Lattice
Semiconductor
Corp.*
4,392
506,573
MACOM
Technology
Solutions
Holdings,
Inc.*
2,104
555,098
MKS,
Inc.
2,166
555,016
Onto
Innovation,
Inc.*
1,595
426,200
Rambus,
Inc.*
3,468
300,641
Semtech
Corp.*
2,986
397,019
Silicon
Laboratories,
Inc.*
1,057
231,536
SiTime
Corp.*
711
402,014
Synaptics,
Inc.*
1,239
119,836
Universal
Display
Corp.
1,395
116,022
4,767,957
Software
—
2.9%
Appfolio,
Inc.,
Class
a
A*
770
180,342
Bentley
Systems,
Inc.,
Class
a
B
4,780
175,665
BILL
Holdings,
Inc.*
2,842
139,912
Commvault
Systems,
Inc.*
1,322
181,801
Docusign,
Inc.,
Class
a
A*
6,232
412,995
Dolby
Laboratories,
Inc.,
Class
a
A
1,935
119,119
Dropbox,
Inc.,
Class
a
A*
4,803
169,017
Dynatrace,
Inc.*
9,448
515,766
Guidewire
Software,
Inc.*
2,714
555,691
InterDigital,
Inc.
829
277,740
Manhattan
Associates,
Inc.*
1,897
423,391
Nutanix,
Inc.,
Class
a
A*
8,503
583,051
Pegasystems,
Inc.
2,894
106,528
Qualys,
Inc.*
1,129
210,152
UiPath,
Inc.,
Class
a
A*
13,695
255,686
4,306,856
Specialized
REITs
—
0.9%
CubeSmart,
REIT
7,260
288,367
EPR
Properties,
REIT
2,453
144,015
Gaming
and
Leisure
Properties,
Inc.,
REIT
9,081
382,038
Lamar
Advertising
Co.,
Class
a
A,
REIT
2,791
415,887
AUGUST
31,
2026
(Unaudited)
::
ULTRA
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
55
MVV
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Rayonier,
Inc.,
REIT
8,872
$
181,876
1,412,183
Specialty
Retail
—
2.3%
Abercrombie
&
Fitch
Co.,
Class
a
A*
1,434
205,177
AutoNation,
Inc.*
805
162,006
Bath
&
Body
Works,
Inc.
6,458
124,317
Burlington
Stores,
Inc.*
2,015
523,416
Chewy,
Inc.,
Class
a
A*
7,702
183,308
Dick's
Sporting
Goods,
Inc.
2,113
285,466
Five
Below,
Inc.*
1,772
437,400
Floor
&
Decor
Holdings,
Inc.,
Class
a
A*
3,467
174,286
GameStop
Corp.,
Class
a
A(b)
13,228
243,131
Gap,
Inc.
(The)
7,147
159,450
Lithia
Motors,
Inc.,
Class
a
A
731
268,511
Murphy
USA,
Inc.
539
277,795
Penske
Automotive
Group,
Inc.
591
128,005
RH*
496
73,978
Valvoline,
Inc.*
4,090
131,125
3,377,371
Technology
Hardware,
Storage
&
Peripherals
—
0.6%
Everpure,
Inc.,
Class
a
A*
10,117
940,375
Textiles,
Apparel
&
Luxury
Goods
—
0.4%
Capri
Holdings
Ltd.*
3,822
50,642
Columbia
Sportswear
Co.
771
44,255
Crocs,
Inc.*
1,593
191,765
PVH
Corp.
1,477
109,534
VF
Corp.
10,540
141,658
537,854
Trading
Companies
&
Distributors
—
1.3%
Applied
Industrial
Technologies,
Inc.
1,185
383,916
Core
&
Main,
Inc.,
Class
a
A*
6,033
259,178
GATX
Corp.
1,138
199,070
MSC
Industrial
Direct
Co.,
Inc.,
Class
a
A
1,468
174,516
Watsco,
Inc.
1,122
347,618
WESCO
International,
Inc.
1,562
531,705
1,896,003
Water
Utilities
—
0.2%
Essential
Utilities,
Inc.
9,094
374,400
Total
Common
Stocks
(Cost
$102,648,647)
114,258,414
Exchange
Traded
Funds
(a)
—
3
.3
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(c)(d)
(Cost
$5,004,500)
50,000
5,006,000
Investments
Shares
Value
Securities
Lending
Reinvestments
(e)
—
0
.1
%
Investment
Companies
—
0
.1
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(f)
(Cost
$123,020)
123,020
$
123,020
Principal
Amount
Short-Term
Investments
—
2
.1
%
Repurchase
Agreements
(g)
—
2
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$3,163,705
(Cost
$3,163,390)
$
3,163,390
3,163,390
Total
Investments
—
81.8%
(Cost
$110,939,557)
122,550,824
Other
assets
less
liabilities
—
18.2%
27,252,330
Net
Assets
—
100.0%
$
149,803,154
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$3,826,780.
(b)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$430,040,
collateralized
in
the
form
of
cash
with
a
value
of
$123,020
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$343,491
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
5.25%,
and
maturity
dates
ranging
from
September
17,
2026
–
February
15,
2055.
The
total
value
of
collateral
is
$466,511.
(c)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(d)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(e)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$123,020.
(f)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(g)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Abbreviations
REIT
Real
Estate
Investment
Trust
ULTRA
MIDCAP400
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
56
MVV
::
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
5,006,000
–
–
–
–
5,006,000
50,000
45,348
Futures
Contracts
Purchased
Ultra
MidCap400
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Depreciation
AAAAAA
S&P
Midcap
400
®
E-Mini
Index
67
9/18/2026
U.S.
Dollar
$
25,239,570
$
(
227,948
)
Swap
Agreements
Ultra
MidCap400
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
25,513,228
1/12/2027
Bank
of
America
NA
4.68%
S&P
MidCap
400
®
3,419,613
20,745,244
1/12/2027
BNP
Paribas
4.73%
S&P
MidCap
400
®
1,948,883
21,087,426
3/8/2027
Citibank
NA
4.43%
S&P
MidCap
400
®
3,218,902
11,867,318
11/6/2026
Goldman
Sachs
International
4.28%
S&P
MidCap
400
®
154,034
43,655,391
11/6/2026
Goldman
Sachs
International
4.05%
SPDR
®
S&P
MidCap
400
®
ETF
Trust
(
1,576,455
)
55,522,709
(
1,422,421
)
18,244,685
11/6/2026
Societe
Generale
4.53%
S&P
MidCap
400
®
1,626,512
19,041,855
11/6/2026
UBS
AG
4.68%
S&P
MidCap
400
®
2,120,458
160,155,147
10,911,947
Total
Unrealized
Appreciation
12,488,402
Total
Unrealized
Depreciation
(
1,576,455
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRA
MSCI
BRAZIL
CAPPED
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
57
UBR
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
35
.3
%
Repurchase
Agreements
(a)
—
35
.3
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,239,123
(Cost
$1,238,999)
$
1,238,999
$
1,238,999
Total
Investments
—
35.3%
(Cost
$1,238,999)
1,238,999
Other
assets
less
liabilities
—
64.7%
2,270,880
Net
Assets
—
100.0%
$
3,509,879
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
Ultra
MSCI
Brazil
Capped
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
811,677
11/6/2026
Bank
of
America
NA
4.63%
iShares
®
MSCI
Brazil
Capped
ETF
c
236,456
1,235,428
11/6/2026
Citibank
NA
4.43%
iShares
®
MSCI
Brazil
Capped
ETF
c
368,766
1,349,687
11/6/2026
Goldman
Sachs
International
4.13%
iShares
®
MSCI
Brazil
Capped
ETF
c
(
144,704
)
287,076
11/6/2026
Societe
Generale
4.03%
iShares
®
MSCI
Brazil
Capped
ETF
c
232,360
3,334,940
11/6/2026
UBS
AG
4.03%
iShares
®
MSCI
Brazil
Capped
ETF
c
(
175,862
)
7,018,808
517,016
Total
Unrealized
Appreciation
837,582
Total
Unrealized
Depreciation
(
320,566
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
ULTRA
MSCI
EAFE
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
58
EFO
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
44
.9
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$13,006,100)
130,000
$
13,015,600
Principal
Amount
Short-Term
Investments
—
16
.0
%
Repurchase
Agreements
(d)
—
16
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$4,622,694
(Cost
$4,622,233)
$
4,622,233
4,622,233
Total
Investments
—
60.9%
(Cost
$17,628,333)
17,637,833
Other
assets
less
liabilities
—
39.1%
11,305,474
Net
Assets
—
100.0%
$
28,943,307
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$6,325,982.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
12,014,400
1,001,300
–
–
(100)
13,015,600
130,000
110,162
Swap
Agreements
Ultra
MSCI
EAFE
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
8,581,821
11/6/2026
Bank
of
America
NA
4.63%
iShares
®
MSCI
EAFE
ETF
c
2,328,313
28,395,716
11/6/2026
Citibank
NA
4.43%
iShares
®
MSCI
EAFE
ETF
c
881,269
9,833,984
11/6/2026
Goldman
Sachs
International
4.03%
iShares
®
MSCI
EAFE
ETF
c
2,398,220
8,566,421
11/6/2026
Societe
Generale
4.23%
iShares
®
MSCI
EAFE
ETF
c
2,485,305
2,456,768
12/16/2026
UBS
AG
4.03%
iShares
®
MSCI
EAFE
ETF
c
(
32,766
)
57,834,710
8,060,341
Total
Unrealized
Appreciation
8,093,107
Total
Unrealized
Depreciation
(
32,766
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
MSCI
EMERGING
MARKTES
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
59
EET
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
50
.6
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$19,507,800)
195,000
$
19,523,400
Principal
Amount
Short-Term
Investments
—
17
.6
%
Repurchase
Agreements
(d)
—
17
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$6,790,553
(Cost
$6,789,876)
$
6,789,876
6,789,876
Total
Investments
—
68.2%
(Cost
$26,297,676)
26,313,276
Other
assets
less
liabilities
—
31.8%
12,259,508
Net
Assets
—
100.0%
$
38,572,784
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$6,924,700.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
22,026,400
–
(2,501,198)
(802)
(1,000)
19,523,400
195,000
190,994
Swap
Agreements
Ultra
MSCI
Emerging
Markets
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
12,439,347
11/6/2026
Bank
of
America
NA
4.63%
iShares
®
MSCI
Emerging
Markets
ETF
c
3,678,798
8,101,665
12/16/2026
Citibank
NA
4.43%
iShares
®
MSCI
Emerging
Markets
ETF
c
(
37,313
)
4,806,571
11/6/2026
Goldman
Sachs
International
4.08%
iShares
®
MSCI
Emerging
Markets
ETF
c
3,698,510
5,314,074
11/6/2026
Societe
Generale
4.63%
iShares
®
MSCI
Emerging
Markets
ETF
c
3,764,111
46,385,064
12/16/2026
UBS
AG
4.03%
iShares
®
MSCI
Emerging
Markets
ETF
c
(
3,301,069
)
77,046,721
7,803,037
Total
Unrealized
Appreciation
11,141,419
Total
Unrealized
Depreciation
(
3,338,382
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
ULTRA
MSCI
JAPAN
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
60
EZJ
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
66
.6
%
iShares
MSCI
Japan
ETF
46,250
$
4,434,450
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
50,000
5,006,000
TOTAL
Exchange
Traded
Funds
(Cost
$7,512,276)
9,440,450
Principal
Amount
Short-Term
Investments
—
10
.5
%
Repurchase
Agreements
(d)
—
10
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,485,068
(Cost
$1,484,920)
$
1,484,920
1,484,920
Total
Investments
—
77.1%
(Cost
$8,997,196)
10,925,370
Other
assets
less
liabilities
—
22.9%
3,239,327
Net
Assets
—
100.0%
$
14,164,697
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,157,688.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
4,505,400
500,650
–
–
(50)
5,006,000
50,000
41,477
Swap
Agreements
Ultra
MSCI
Japan
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
2,511,586
11/6/2026
Bank
of
America
NA
4.63%
iShares
®
MSCI
Japan
ETF
c
456,972
3,662,246
11/6/2026
Citibank
NA
4.43%
iShares
®
MSCI
Japan
ETF
c
514,556
3,578,579
11/6/2026
Goldman
Sachs
International
4.28%
iShares
®
MSCI
Japan
ETF
c
403,493
6,679,057
11/6/2026
Societe
Generale
4.43%
iShares
®
MSCI
Japan
ETF
c
(
601,843
)
7,410,722
11/6/2026
UBS
AG
4.13%
iShares
®
MSCI
Japan
ETF
c
(
81,611
)
23,842,190
691,567
Total
Unrealized
Appreciation
1,375,021
Total
Unrealized
Depreciation
(
683,454
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
NASDAQ
BIOTECHNOLOGY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
61
BIB
::
Investments
Shares
Value
Common
Stocks
—
54
.4
%
Biotechnology
—
44.3%
4D
Molecular
Therapeutics,
Inc.*
1,870
$
26,386
Abivax
SA,
ADR*
2,073
231,616
Absci
Corp.*
5,578
50,425
AC
Immune
SA*
3,637
9,602
ACADIA
Pharmaceuticals,
Inc.*
6,119
176,900
ADMA
Biologics,
Inc.*
8,286
77,806
Agios
Pharmaceuticals,
Inc.*
2,126
71,604
Alkermes
plc*
5,955
279,825
Allogene
Therapeutics,
Inc.*
12,336
24,672
Alnylam
Pharmaceuticals,
Inc.*
4,771
1,148,332
Altimmune,
Inc.*
6,974
21,689
Alvotech
SA(a)
11,155
57,894
Amgen,
Inc.
11,125
4,782,415
AnaptysBio,
Inc.*
1,042
59,425
Anavex
Life
Sciences
Corp.(a)
3,313
9,276
Annexon,
Inc.*
5,855
28,924
Apogee
Therapeutics,
Inc.*
2,211
298,662
Arbutus
Biopharma
Corp.*
7,060
35,865
Arcturus
Therapeutics
Holdings,
Inc.*
1,013
14,952
Arcutis
Biotherapeutics,
Inc.*
4,472
107,194
Ardelyx,
Inc.*
8,832
33,385
Argenx
SE,
ADR*
988
1,019,280
ArriVent
Biopharma,
Inc.*
1,663
49,973
Arrowhead
Pharmaceuticals,
Inc.*
5,032
414,586
ARS
Pharmaceuticals,
Inc.(a)
3,550
21,300
Ascendis
Pharma
A/S*
2,202
579,214
Aura
Biosciences,
Inc.*
3,695
26,530
Aurinia
Pharmaceuticals,
Inc.*
4,588
73,913
Autolus
Therapeutics
plc,
ADR*
7,168
16,845
Beam
Therapeutics,
Inc.*
3,670
108,008
BeOne
Medicines
Ltd.,
ADR*
1,178
423,585
Bicara
Therapeutics,
Inc.*
2,349
54,309
Bicycle
Therapeutics
plc,
ADR*
1,665
6,876
BioCryst
Pharmaceuticals,
Inc.*
9,084
88,115
Biogen,
Inc.*
5,277
1,143,262
BioMarin
Pharmaceutical,
Inc.*
6,906
450,478
BioNTech
SE,
ADR*
4,156
422,291
Black
Diamond
Therapeutics,
Inc.*
2,047
4,299
Bridgebio
Pharma,
Inc.*
6,998
535,977
C4
Therapeutics,
Inc.*
3,951
14,658
Cabaletta
Bio,
Inc.*
5,827
18,122
Candel
Therapeutics,
Inc.*
2,619
34,230
Caribou
Biosciences,
Inc.*
3,546
5,461
Caris
Life
Sciences,
Inc.*
10,103
257,525
CG
oncology,
Inc.*
3,152
236,904
Cogent
Biosciences,
Inc.*
6,109
213,815
Coherus
Oncology,
Inc.(a)
5,516
7,447
Compass
Pathways
plc,
ADR*
4,760
64,308
Corvus
Pharmaceuticals,
Inc.*
3,007
42,218
CRISPR
Therapeutics
AG*
3,449
196,524
Cullinan
Therapeutics,
Inc.*
2,197
48,488
Cytokinetics,
Inc.*
4,847
343,701
CytomX
Therapeutics,
Inc.*
7,781
26,144
Denali
Therapeutics,
Inc.*
5,673
134,790
Investments
Shares
Value
Common
Stocks
(continued)
Design
Therapeutics,
Inc.*
2,232
$
33,681
Disc
Medicine,
Inc.*
1,366
107,436
Dyne
Therapeutics,
Inc.*
5,907
150,215
Editas
Medicine,
Inc.*
5,486
16,787
Enanta
Pharmaceuticals,
Inc.*
1,040
13,863
Entrada
Therapeutics,
Inc.*
1,385
9,764
Erasca,
Inc.*
11,117
198,772
Exelixis,
Inc.*
8,985
490,940
First
Tracks
Biotherapeutics,
Inc.*
1,246
52,133
Foghorn
Therapeutics,
Inc.*
2,097
12,037
Genmab
A/S,
ADR*
2,711
89,897
Geron
Corp.*
22,926
34,160
Gilead
Sciences,
Inc.
27,876
4,079,374
Gossamer
Bio,
Inc.*
8,389
1,426
GRAIL,
Inc.*
1,535
121,833
Grifols
SA,
ADR
4,361
33,667
Halozyme
Therapeutics,
Inc.*
4,238
451,305
Humacyte,
Inc.*
7,936
4,773
Ideaya
Biosciences,
Inc.*
3,138
125,834
Immuneering
Corp.,
Class
a
A(a)
2,310
11,527
ImmunityBio,
Inc.(a)
37,436
297,616
Immunocore
Holdings
plc,
ADR*
1,590
57,749
Immunovant,
Inc.*
7,339
299,578
Incyte
Corp.*
7,141
879,914
Inhibrx
Biosciences,
Inc.*
523
66,264
Insmed,
Inc.*
7,749
943,983
Intellia
Therapeutics,
Inc.*
4,989
63,510
Invivyd,
Inc.*
10,528
10,053
Ionis
Pharmaceuticals,
Inc.*
5,905
356,426
Iovance
Biotherapeutics,
Inc.*
15,960
130,393
Ironwood
Pharmaceuticals,
Inc.,
Class
a
A*
5,884
25,007
Janux
Therapeutics,
Inc.*
2,180
39,720
Jyong
Biotech
Ltd.*
2,716
6,057
Kamada
Ltd.
2,060
16,954
Keros
Therapeutics,
Inc.*
708
7,845
Kiniksa
Pharmaceuticals
International
plc,
Class
a
A*
1,655
130,133
Kodiak
Sciences,
Inc.*
2,236
83,515
Krystal
Biotech,
Inc.*
1,056
379,484
Kura
Oncology,
Inc.*
3,175
40,164
Kymera
Therapeutics,
Inc.*
2,942
349,539
Kyverna
Therapeutics,
Inc.*
2,173
18,416
Lakefront
Biotherapeutics
NV,
ADR*
537
15,305
Larimar
Therapeutics,
Inc.*
3,715
14,191
Legend
Biotech
Corp.,
ADR*
3,015
62,652
Lexeo
Therapeutics,
Inc.*
2,805
13,352
Lyell
Immunopharma,
Inc.*
835
11,957
Madrigal
Pharmaceuticals,
Inc.*
825
445,525
MannKind
Corp.*
11,043
44,282
MeiraGTx
Holdings
plc*
3,310
45,711
Mesoblast
Ltd.,
ADR(a)
1,870
31,341
Mineralys
Therapeutics,
Inc.*
2,950
75,726
Mirum
Pharmaceuticals,
Inc.*
2,180
213,749
Moderna,
Inc.*
14,188
1,991,144
Monte
Rosa
Therapeutics,
Inc.*
3,018
42,071
Neurocrine
Biosciences,
Inc.*
3,595
553,738
ULTRA
NASDAQ
BIOTECHNOLOGY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
62
BIB
::
Investments
Shares
Value
Common
Stocks
(continued)
Neurogene,
Inc.*
566
$
20,512
Newamsterdam
Pharma
Co.
NV*
4,177
105,845
NovaBridge
Biosciences,
ADR*
4,011
7,300
Novavax,
Inc.*
5,878
55,077
Nurix
Therapeutics,
Inc.*
3,693
95,206
Olema
Pharmaceuticals,
Inc.*
3,131
32,656
ORIC
Pharmaceuticals,
Inc.*
3,702
48,089
Oruka
Therapeutics,
Inc.*
2,155
199,596
PepGen,
Inc.*
2,475
7,400
Praxis
Precision
Medicines,
Inc.*
999
349,950
Precigen,
Inc.*
12,745
88,323
Prime
Medicine,
Inc.*
6,454
23,170
Protagonist
Therapeutics,
Inc.*
2,300
339,825
Prothena
Corp.
plc*
1,872
17,503
PTC
Therapeutics,
Inc.*
2,961
205,908
Puma
Biotechnology,
Inc.*
1,821
16,589
Pyxis
Oncology,
Inc.*
2,263
7,332
Recursion
Pharmaceuticals,
Inc.,
Class
a
A*
18,751
63,753
Regeneron
Pharmaceuticals,
Inc.
3,681
2,941,413
REGENXBIO,
Inc.*
1,848
17,556
Relay
Therapeutics,
Inc.*
7,667
140,919
Replimune
Group,
Inc.*
2,953
45,181
Revolution
Medicines,
Inc.*
7,597
1,561,715
Rhythm
Pharmaceuticals,
Inc.*
2,451
260,125
Rigel
Pharmaceuticals,
Inc.*
662
30,571
Rocket
Pharmaceuticals,
Inc.*
3,903
14,519
Roivant
Sciences
Ltd.*
25,709
890,560
Sagimet
Biosciences,
Inc.,
Class
a
A*
2,187
22,439
Sana
Biotechnology,
Inc.*
9,946
38,491
Sarepta
Therapeutics,
Inc.*
3,772
79,325
Savara,
Inc.*
7,322
39,466
Scholar
Rock
Holding
Corp.*
4,281
243,161
Silence
Therapeutics
plc,
ADR*
1,679
22,717
Sionna
Therapeutics,
Inc.*
1,612
9,720
Solid
Biosciences,
Inc.*
3,517
33,693
Spyre
Therapeutics,
Inc.*
3,106
277,459
Stoke
Therapeutics,
Inc.*
2,226
69,451
Summit
Therapeutics,
Inc.*
27,741
377,832
Syndax
Pharmaceuticals,
Inc.*
3,169
61,130
Tango
Therapeutics,
Inc.*
5,171
118,106
Taysha
Gene
Therapies,
Inc.*
10,270
58,436
Tectonic
Therapeutic,
Inc.*
677
20,269
Tenaya
Therapeutics,
Inc.*
7,753
5,333
Travere
Therapeutics,
Inc.*
3,324
220,315
Twist
Bioscience
Corp.*
2,225
309,275
Tyra
Biosciences,
Inc.*
2,126
53,214
Ultragenyx
Pharmaceutical,
Inc.*
3,519
88,714
uniQure
NV*
2,260
110,017
United
Therapeutics
Corp.*
1,517
774,246
Upstream
Bio,
Inc.*
1,944
12,869
UroGen
Pharma
Ltd.*
1,741
75,020
Vanda
Pharmaceuticals,
Inc.*
2,147
11,594
Vaxcyte,
Inc.*
5,160
313,418
Investments
Shares
Value
Common
Stocks
(continued)
Vera
Therapeutics,
Inc.,
Class
a
A*
2,566
$
87,449
Veracyte,
Inc.*
2,855
123,307
Vericel
Corp.*
1,822
72,698
Vertex
Pharmaceuticals,
Inc.*
8,375
4,560,355
Vir
Biotechnology,
Inc.*
6,027
65,935
Vor
BioPharma,
Inc.*
1,938
43,566
Voyager
Therapeutics,
Inc.*
2,159
7,449
Xencor,
Inc.*
2,648
72,198
Xenon
Pharmaceuticals,
Inc.*
3,452
207,879
Zai
Lab
Ltd.,
ADR*
1,175
29,916
Zenas
Biopharma,
Inc.(a)
2,260
73,043
Zymeworks,
Inc.*
2,609
76,731
44,885,342
Health
Care
Equipment
&
Supplies
—
0.1%
Novocure
Ltd.*
4,139
73,053
Orchestra
BioMed
Holdings,
Inc.*
2,141
10,791
83,844
Health
Care
Providers
&
Services
—
0.8%
Castle
Biosciences,
Inc.*
1,087
35,903
Guardant
Health,
Inc.*
4,740
753,755
789,658
Life
Sciences
Tools
&
Services
—
2.9%
10X
Genomics,
Inc.,
Class
a
A*
4,187
261,478
AbCellera
Biologics,
Inc.*
10,913
125,281
Adaptive
Biotechnologies
Corp.*
5,721
142,567
Alpha
Teknova,
Inc.(a)
1,917
13,764
Codexis,
Inc.*
3,254
5,532
Fortrea
Holdings,
Inc.*
3,382
62,127
Illumina,
Inc.*
5,409
1,155,525
Lifecore
Biomedical,
Inc.*
1,339
5,972
Maravai
LifeSciences
Holdings,
Inc.,
Class
a
A*
5,272
40,278
Medpace
Holdings,
Inc.*
1,018
604,682
OmniAb,
Inc.*
5,183
22,702
Pacific
Biosciences
of
California,
Inc.*
11,142
15,097
Personalis,
Inc.*
3,741
62,774
Quantum-Si,
Inc.(a)
7,072
5,417
Tempus
AI,
Inc.,
Class
a
A*
6,235
393,117
2,916,313
Pharmaceuticals
—
6.3%
Aardvark
Therapeutics,
Inc.*
781
4,764
Aclaris
Therapeutics,
Inc.*
4,990
30,189
Alumis,
Inc.*
4,413
96,248
Amneal
Pharmaceuticals,
Inc.*
11,400
199,158
Amphastar
Pharmaceuticals,
Inc.*
1,577
35,530
Amylyx
Pharmaceuticals,
Inc.*
3,975
134,156
ANI
Pharmaceuticals,
Inc.*
812
59,479
Aquestive
Therapeutics,
Inc.(a)
4,487
22,929
Arvinas,
Inc.*
2,309
21,243
AtaiBeckley,
Inc.*
13,159
96,587
Atea
Pharmaceuticals,
Inc.*
2,858
15,290
AUGUST
31,
2026
(Unaudited)
::
ULTRA
NASDAQ
BIOTECHNOLOGY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
63
BIB
::
Investments
Shares
Value
Common
Stocks
(continued)
Axsome
Therapeutics,
Inc.*
1,838
$
364,880
BioAge
Labs,
Inc.*
1,590
15,105
Collegium
Pharmaceutical,
Inc.*
1,162
28,597
Contineum
Therapeutics,
Inc.,
Class
a
A*
1,167
18,952
CorMedix,
Inc.(a)
2,802
23,144
Crinetics
Pharmaceuticals,
Inc.*
3,770
320,261
Definium
Therapeutics,
Inc.*
3,896
154,749
Edgewise
Therapeutics,
Inc.*
3,845
160,606
Enliven
Therapeutics,
Inc.*
2,177
126,027
Eton
Pharmaceuticals,
Inc.*
979
59,171
Evolus,
Inc.*
2,354
21,398
EyePoint,
Inc.*
2,998
13,491
Fulcrum
Therapeutics,
Inc.*
2,380
9,258
GH
Research
plc*
2,445
65,966
Harmony
Biosciences
Holdings,
Inc.*
2,070
81,517
Harrow,
Inc.(a)
1,329
49,053
Indivior
Pharmaceuticals,
Inc.*
4,358
152,225
Innoviva,
Inc.*
2,636
54,750
Jazz
Pharmaceuticals
plc*
2,242
562,025
LENZ
Therapeutics,
Inc.*
1,119
5,830
Ligand
Pharmaceuticals,
Inc.*
718
203,984
Maze
Therapeutics,
Inc.*
1,980
52,609
MBX
Biosciences,
Inc.*
1,697
104,535
Neumora
Therapeutics,
Inc.*
6,621
8,806
Ocular
Therapeutix,
Inc.*
7,825
82,084
Omeros
Corp.(a)
2,585
48,572
Pacira
BioSciences,
Inc.*
1,407
36,441
Pharvaris
NV*
2,496
86,387
Phathom
Pharmaceuticals,
Inc.*
2,853
27,303
Phibro
Animal
Health
Corp.,
Class
a
A
753
28,418
Rani
Therapeutics
Holdings,
Inc.,
Class
a
A*
4,018
3,431
Rapport
Therapeutics,
Inc.*
1,712
83,323
Royalty
Pharma
plc,
Class
a
A
15,850
973,348
Sanofi
SA,
ADR
8,315
368,853
Septerna,
Inc.*
1,610
61,421
SIGA
Technologies,
Inc.
2,562
8,045
Structure
Therapeutics,
Inc.,
ADR*
2,788
127,997
Supernus
Pharmaceuticals,
Inc.*
2,076
91,780
Tarsus
Pharmaceuticals,
Inc.*
1,539
114,255
Theravance
Biopharma,
Inc.*
1,843
31,405
Third
Harmonic
Bio,
Inc.*‡
1,662
—
Trevi
Therapeutics,
Inc.*
5,077
84,278
Viatris,
Inc.
41,624
687,212
Wave
Life
Sciences,
Inc.*
6,880
33,712
Xeris
Biopharma
Holdings,
Inc.*
6,174
52,109
Zevra
Therapeutics,
Inc.*
2,113
24,807
6,427,693
Total
Common
Stocks
(Cost
$52,765,912)
55,102,850
Exchange
Traded
Funds
(b)
—
5
.0
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(c)(d)
Investments
Shares
Value
Exchange
Traded
Funds
(b)
(continued)
(Cost
$5,004,500)
50,000
$
5,006,000
Number
of
Rights
Rights
—
0
.0
%
Biotechnology
—
0.0%
Cartesian
Therapeutics,
Inc.,
expiring
12/31/2049*‡
(Cost
$1,761)
9,785
—
Shares
Securities
Lending
Reinvestments
(e)
—
0
.5
%
Investment
Companies
—
0
.5
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(f)
(Cost
$542,617)
542,617
542,617
Principal
Amount
Short-Term
Investments
—
22
.2
%
Repurchase
Agreements
(g)
—
22
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$22,516,376
(Cost
$22,514,133)
$
22,514,133
22,514,133
Total
Investments
—
82.1%
(Cost
$80,828,923)
83,165,600
Other
assets
less
liabilities
—
17.9%
18,186,079
Net
Assets
—
100.0%
$
101,351,679
*
Non-income
producing
security.
‡
Value
determined
using
significant
unobservable
inputs.
(a)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$534,011,
collateralized
in
the
form
of
cash
with
a
value
of
$542,617
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$9,744
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
6.25%,
and
maturity
dates
ranging
from
September
15,
2026
–
February
15,
2056.
The
total
value
of
collateral
is
$552,361.
(b)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$3,915,793.
(c)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(d)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(e)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$542,617.
(f)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(g)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
ULTRA
NASDAQ
BIOTECHNOLOGY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
64
BIB
::
Abbreviations
ADR
American
Depositary
Receipt
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
5,006,000
–
–
–
–
5,006,000
50,000
45,348
Swap
Agreements
Ultra
Nasdaq
Biotechnology
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
40,171,088
2/15/2028
Bank
of
America
NA
4.63%
Nasdaq
Biotechnology
Index
®
681,554
33,060,279
2/15/2028
BNP
Paribas
4.68%
Nasdaq
Biotechnology
Index
®
415,756
33,637,408
2/15/2028
Citibank
NA
4.23%
Nasdaq
Biotechnology
Index
®
964,150
18,803,033
11/6/2026
Goldman
Sachs
International
4.38%
Nasdaq
Biotechnology
Index
®
5,277,334
17,905,276
11/6/2026
Societe
Generale
4.53%
Nasdaq
Biotechnology
Index
®
5,641,993
4,481,663
11/6/2026
UBS
AG
4.68%
Nasdaq
Biotechnology
Index
®
(
1,063,535
)
148,058,747
11,917,252
Total
Unrealized
Appreciation
12,980,787
Total
Unrealized
Depreciation
(
1,063,535
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRA
NASDAQ
CLOUD
COMPUTING
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
65
SKYU
::
Investments
Shares
Value
Common
Stocks
(a)
—
63
.4
%
Broadline
Retail
—
1.9%
Amazon.com,
Inc.*
497
$
129,106
Communications
Equipment
—
3.7%
Arista
Networks,
Inc.*
844
165,162
Cisco
Systems,
Inc.
746
82,426
247,588
Diversified
Telecommunication
Services
—
1.0%
Lumen
Technologies,
Inc.*
10,218
63,862
Financial
Services
—
0.4%
Toast,
Inc.,
Class
a
A*
862
29,386
Health
Care
Technology
—
0.6%
Veeva
Systems,
Inc.,
Class
a
A*
129
36,854
Interactive
Media
&
Services
—
1.8%
Alphabet,
Inc.,
Class
a
A
354
120,130
IT
Services
—
14.5%
Akamai
Technologies,
Inc.*
600
65,172
Cloudflare,
Inc.,
Class
a
A*
372
113,501
CoreWeave,
Inc.,
Class
a
A*
1,027
87,182
DigitalOcean
Holdings,
Inc.*
866
95,858
Fastly,
Inc.,
Class
a
A*
3,485
79,423
International
Business
Machines
Corp.
451
105,475
MongoDB,
Inc.,
Class
a
A*
335
151,879
Shopify,
Inc.,
Class
a
A*
568
83,706
Snowflake,
Inc.,
Class
a
A*
87
28,834
Twilio,
Inc.,
Class
a
A*
354
83,413
Wix.com
Ltd.*
802
70,777
965,220
Media
—
0.7%
AppLovin
Corp.,
Class
a
A*
111
34,639
Trade
Desk,
Inc.
(The),
Class
a
A*
1,043
14,310
48,949
Professional
Services
—
1.1%
Paycom
Software,
Inc.
160
38,256
Paylocity
Holding
Corp.*
196
31,403
69,659
Software
—
31.9%
Adobe,
Inc.*
260
76,125
Appfolio,
Inc.,
Class
a
A*
140
32,789
Appian
Corp.,
Class
a
A*
965
41,447
Asana,
Inc.,
Class
a
A*
2,434
24,973
Atlassian
Corp.,
Class
a
A*
626
121,550
Blackbaud,
Inc.*
694
33,354
BlackLine,
Inc.*
765
25,413
Box,
Inc.,
Class
a
A*
832
29,769
Crowdstrike
Holdings,
Inc.,
Class
a
A*
120
27,720
Datadog,
Inc.,
Class
a
A*
92
21,808
Docusign,
Inc.,
Class
a
A*
428
28,364
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Dropbox,
Inc.,
Class
a
A*
834
$
29,348
Elastic
NV*
347
33,850
Figma,
Inc.,
Class
a
A*
881
24,219
Five9,
Inc.*
1,768
61,102
Gitlab,
Inc.,
Class
a
A*
2,170
100,992
HubSpot,
Inc.*
306
79,976
Intuit,
Inc.
67
24,073
Klaviyo,
Inc.,
Class
a
A*
1,418
29,182
Microsoft
Corp.
299
151,680
Netskope,
Inc.,
Class
a
A*
4,705
72,034
Nutanix,
Inc.,
Class
a
A*
2,588
177,459
Open
Text
Corp.(b)
942
23,484
Oracle
Corp.
597
89,025
Palo
Alto
Networks,
Inc.*
81
30,952
Q2
Holdings,
Inc.*
475
30,894
Qualys,
Inc.*
205
38,159
RingCentral,
Inc.,
Class
a
A
1,262
87,860
Rubrik,
Inc.,
Class
a
A*
858
79,828
Salesforce,
Inc.
353
90,912
SAP
SE,
ADR
246
54,339
ServiceNow,
Inc.*
542
80,211
ServiceTitan,
Inc.,
Class
a
A*
932
91,373
Workday,
Inc.,
Class
a
A*
152
30,012
Workiva,
Inc.,
Class
a
A*
1,230
98,400
Zoom
Communications,
Inc.,
Class
a
A*
222
21,463
Zscaler,
Inc.*
160
30,142
2,124,281
Technology
Hardware,
Storage
&
Peripherals
—
5.8%
Dell
Technologies,
Inc.,
Class
a
C
160
72,961
Everpure,
Inc.,
Class
a
A*
1,692
157,271
Hewlett
Packard
Enterprise
Co.
1,566
81,808
NetApp,
Inc.
385
71,337
383,377
Total
Common
Stocks
(Cost
$3,526,833)
4,218,412
Securities
Lending
Reinvestments
(c)
—
0
.3
%
Investment
Companies
—
0
.3
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$21,810)
21,810
21,810
ULTRA
NASDAQ
CLOUD
COMPUTING
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
66
SKYU
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
6
.3
%
Repurchase
Agreements
(e)
—
6
.3
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$418,553
(Cost
$418,511)
$
418,511
$
418,511
Total
Investments
—
70.0%
(Cost
$3,967,154)
4,658,733
Other
assets
less
liabilities
—
30.0%
1,998,436
Net
Assets
—
100.0%
$
6,657,169
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$41,635.
(b)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$21,116,
collateralized
in
the
form
of
cash
with
a
value
of
$21,810
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$21,810.
(d)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(e)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Abbreviations
ADR
American
Depositary
Receipt
Swap
Agreements
Ultra
Nasdaq
Cloud
Computing
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
3,032,393
11/6/2026
Bank
of
America
NA
4.63%
ISE
Cloud
Computing
Index
381,335
1,746,481
3/15/2028
BNP
Paribas
4.83%
ISE
Cloud
Computing
Index
693,453
2,859,219
11/6/2026
Goldman
Sachs
International
4.38%
ISE
Cloud
Computing
Index
(
7,693
)
1,488,562
11/15/2027
UBS
AG
4.68%
ISE
Cloud
Computing
Index
73,821
9,126,655
1,140,916
Total
Unrealized
Appreciation
1,148,609
Total
Unrealized
Depreciation
(
7,693
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRA
NASDAQ
CYBERSECURITY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
67
UCYB
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
44
.7
%
Repurchase
Agreements
(a)
—
44
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$4,525,401
(Cost
$4,524,952)
$
4,524,952
$
4,524,952
Total
Investments
—
44.7%
(Cost
$4,524,952)
4,524,952
Other
assets
less
liabilities
—
55.3%
5,605,363
Net
Assets
—
100.0%
$
10,130,315
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
Ultra
Nasdaq
Cybersecurity
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
6,148,585
1/6/2028
Bank
of
America
NA
4.63%
First
Trust
Nasdaq
Cybersecurity
ETF
334,075
4,965,818
11/15/2027
BNP
Paribas
4.83%
First
Trust
Nasdaq
Cybersecurity
ETF
1,368,573
3,369,985
11/6/2026
Goldman
Sachs
International
4.38%
First
Trust
Nasdaq
Cybersecurity
ETF
1,136,259
5,699,405
11/15/2027
Societe
Generale
4.88%
First
Trust
Nasdaq
Cybersecurity
ETF
1,189,323
90,288
3/8/2027
UBS
AG
4.43%
First
Trust
Nasdaq
Cybersecurity
ETF
(
351,373
)
20,274,081
3,676,857
Total
Unrealized
Appreciation
4,028,230
Total
Unrealized
Depreciation
(
351,373
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
Ultra
Palladium
K-1
Free
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
68
UPAL
::
Value
Other
assets
less
liabilities
—
100.0%
$
3,190,701
Net
Assets
—
100.0%
$
3,190,701
Swap
Agreements
Ultra
Palladium
K-1
Free
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
3,369,750
3/15/2028
Bank
of
America
NA
7.63%
ABRDN
Physical
Platinum
Shares
ETF
62,656
1,232,435
3/15/2028
Citibank
NA
11.63%
ABRDN
Physical
Palladium
Shares
ETF
(
370,987
)
1,388,001
3/15/2028
Goldman
Sachs
International
6.13%
ABRDN
Physical
Palladium
Shares
ETF
(
207,059
)
389,781
1/6/2028
Nomura
Global
Financial
Products
Inc.
16.13%
ABRDN
Physical
Palladium
Shares
ETF
(
16,066
)
6,379,967
(
531,456
)
Total
Unrealized
Appreciation
62,656
Total
Unrealized
Depreciation
(
594,112
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
Ultra
Platinum
K-1
Free
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
69
UPLT
::
Value
Other
assets
less
liabilities
—
100.0%
$
2,842,740
Net
Assets
—
100.0%
$
2,842,740
Swap
Agreements
Ultra
Platinum
K-1
Free
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
3,098,770
3/15/2028
Bank
of
America
NA
7.13%
ABRDN
Physical
Platinum
Shares
ETF
191,546
1,043,869
3/15/2028
Citibank
NA
10.63%
ABRDN
Physical
Platinum
Shares
ETF
(
443,123
)
1,082,755
3/15/2028
Goldman
Sachs
International
6.13%
ABRDN
Physical
Platinum
Shares
ETF
(
204,900
)
462,310
1/6/2028
Nomura
Global
Financial
Products
Inc.
16.13%
ABRDN
Physical
Platinum
Shares
ETF
(
7,037
)
5,687,704
(
463,514
)
Total
Unrealized
Appreciation
191,546
Total
Unrealized
Depreciation
(
655,060
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
QQQ
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
70
QLD
::
Investments
Shares
Value
Common
Stocks
(a)
—
68
.5
%
Aerospace
&
Defense
—
0.4%
Axon
Enterprise,
Inc.*
34,311
$
19,439,240
Honeywell
Aerospace,
Inc.*
134,919
21,332,043
Rocket
Lab
Corp.*
246,440
15,752,445
56,523,728
Automobiles
—
2.0%
Tesla,
Inc.*
770,500
283,505,475
Beverages
—
1.1%
Coca-Cola
Europacific
Partners
plc
189,855
20,508,137
Keurig
Dr
Pepper,
Inc.
579,330
18,457,454
Monster
Beverage
Corp.*
832,868
38,245,299
PepsiCo,
Inc.
581,984
81,675,634
158,886,524
Biotechnology
—
2.0%
Alnylam
Pharmaceuticals,
Inc.*
56,857
13,684,911
Amgen,
Inc.
229,810
98,790,723
Gilead
Sciences,
Inc.
528,659
77,363,958
Regeneron
Pharmaceuticals,
Inc.
43,879
35,062,831
Vertex
Pharmaceuticals,
Inc.*
108,070
58,846,277
283,748,700
Broadline
Retail
—
3.5%
Amazon.com,
Inc.*
1,659,240
431,020,775
MercadoLibre,
Inc.*
21,579
41,781,260
PDD
Holdings,
Inc.,
ADR*
284,414
23,890,776
496,692,811
Chemicals
—
0.7%
Linde
plc
196,871
96,384,104
Commercial
Services
&
Supplies
—
0.3%
Cintas
Corp.
170,361
34,377,146
Copart,
Inc.*
394,230
13,005,648
47,382,794
Communications
Equipment
—
1.5%
Cisco
Systems,
Inc.
1,678,300
185,435,367
Lumentum
Holdings,
Inc.*
33,143
30,317,891
215,753,258
Construction
&
Engineering
—
0.1%
Ferrovial
NV
306,341
17,936,266
Consumer
Staples
Distribution
&
Retail
—
2.8%
Costco
Wholesale
Corp.
188,900
178,300,821
Walmart,
Inc.
2,077,156
217,831,350
396,132,171
Diversified
Telecommunication
Services
—
1.1%
Comcast
Corp.,
Class
a
A
1,517,054
40,383,978
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Space
Exploration
Technologies
Corp.,
Class
a
A*
816,129
$
117,269,576
157,653,554
Electric
Utilities
—
0.8%
American
Electric
Power
Co.,
Inc.
231,686
28,365,317
Constellation
Energy
Corp.
153,791
42,257,153
Exelon
Corp.
435,676
19,047,755
Xcel
Energy,
Inc.
265,815
20,119,537
109,789,762
Energy
Equipment
&
Services
—
0.2%
Baker
Hughes
Co.,
Class
a
A
422,427
26,845,236
Entertainment
—
1.4%
Netflix,
Inc.*
1,792,870
145,312,113
Take-Two
Interactive
Software,
Inc.*
79,044
17,365,967
Warner
Bros
Discovery,
Inc.*
1,067,545
30,457,059
193,135,139
Financial
Services
—
0.2%
PayPal
Holdings,
Inc.
375,609
19,781,448
Food
Products
—
0.3%
Kraft
Heinz
Co.
(The)
504,912
12,961,091
Mondelez
International,
Inc.,
Class
a
A
546,599
33,927,400
46,888,491
Ground
Transportation
—
0.4%
CSX
Corp.
791,221
39,964,573
Old
Dominion
Freight
Line,
Inc.
88,561
17,708,657
57,673,230
Health
Care
Equipment
&
Supplies
—
0.7%
Dexcom,
Inc.*
164,303
14,961,431
GE
HealthCare
Technologies,
Inc.
193,696
13,796,966
IDEXX
Laboratories,
Inc.*
33,594
18,701,444
Intuitive
Surgical,
Inc.*
150,795
56,828,604
104,288,445
Hotels,
Restaurants
&
Leisure
—
1.6%
Airbnb,
Inc.,
Class
a
A*
177,954
32,604,732
Booking
Holdings,
Inc.
329,934
65,686,560
DoorDash,
Inc.,
Class
a
A*
175,161
40,591,810
Marriott
International,
Inc.,
Class
a
A
112,279
38,372,471
Starbucks
Corp.
485,304
51,563,550
228,819,123
Industrial
Conglomerates
—
0.2%
Honeywell
International,
Inc.
134,919
28,809,254
Interactive
Media
&
Services
—
6.0%
Alphabet,
Inc.,
Class
a
A
898,277
304,830,300
Alphabet,
Inc.,
Class
a
C
841,529
282,257,242
AUGUST
31,
2026
(Unaudited)
::
ULTRA
QQQ
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
71
QLD
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Meta
Platforms,
Inc.,
Class
a
A
456,742
$
261,411,716
848,499,258
IT
Services
—
0.7%
CoreWeave,
Inc.,
Class
a
A*
190,580
16,178,336
Shopify,
Inc.,
Class
a
A*
519,315
76,531,452
92,709,788
Machinery
—
0.2%
PACCAR,
Inc.
224,103
27,817,905
Media
—
0.3%
AppLovin
Corp.,
Class
a
A*
130,184
40,625,219
Oil,
Gas
&
Consumable
Fuels
—
0.2%
Diamondback
Energy,
Inc.
119,782
24,013,895
Professional
Services
—
0.6%
Automatic
Data
Processing,
Inc.
170,214
48,708,438
Paychex,
Inc.
152,560
19,426,991
Thomson
Reuters
Corp.
162,254
17,413,099
85,548,528
Semiconductors
&
Semiconductor
Equipment
—
21.5%
Advanced
Micro
Devices,
Inc.*
694,322
326,831,252
Analog
Devices,
Inc.
207,406
75,110,009
Applied
Materials,
Inc.
338,065
154,965,615
ARM
Holdings
plc,
ADR*
180,534
43,672,980
ASML
Holding
NV
(Registered),
ADR
39,000
66,144,390
Astera
Labs,
Inc.*
72,988
21,675,976
Broadcom,
Inc.
731,295
270,827,790
Intel
Corp.*
2,140,088
191,559,277
KLA
Corp.
556,212
97,587,395
Lam
Research
Corp.
532,500
160,543,425
Marvell
Technology,
Inc.
372,498
78,842,927
Microchip
Technology,
Inc.
230,820
16,953,729
Micron
Technology,
Inc.
480,183
460,365,848
Monolithic
Power
Systems,
Inc.
20,924
26,526,820
NVIDIA
Corp.
3,732,588
824,080,779
NXP
Semiconductors
NV
107,513
24,151,720
QUALCOMM,
Inc.
448,780
76,508,014
Teradyne,
Inc.
66,657
23,318,618
Texas
Instruments,
Inc.
387,522
101,108,365
3,040,774,929
Software
—
9.6%
Adobe,
Inc.*
172,098
50,388,573
Autodesk,
Inc.*
89,848
23,228,403
Cadence
Design
Systems,
Inc.*
117,445
39,788,017
Crowdstrike
Holdings,
Inc.,
Class
a
A*
433,595
100,160,445
Datadog,
Inc.,
Class
a
A*
140,866
33,390,877
Fortinet,
Inc.*
311,972
53,325,374
Intuit,
Inc.
116,474
41,849,108
Microsoft
Corp.
1,145,748
581,226,503
Nebius
Group
NV,
Class
a
A*
93,837
19,360,450
Palantir
Technologies,
Inc.,
Class
a
A*
977,691
182,222,049
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Palo
Alto
Networks,
Inc.*
347,474
$
132,780,240
Roper
Technologies,
Inc.
42,959
18,242,110
Strategy,
Inc.,
Class
a
A*
140,859
18,725,795
Synopsys,
Inc.*
81,533
35,841,091
Workday,
Inc.,
Class
a
A*
85,591
16,899,943
1,347,428,978
Specialty
Retail
—
0.5%
O'Reilly
Automotive,
Inc.*
352,864
31,334,323
Ross
Stores,
Inc.
137,182
31,351,574
62,685,897
Technology
Hardware,
Storage
&
Peripherals
—
6.8%
Apple,
Inc.
2,265,365
717,780,900
Sandisk
Corp.*
63,066
98,805,502
Seagate
Technology
Holdings
plc
95,475
79,089,581
Western
Digital
Corp.
146,755
66,120,465
961,796,448
Trading
Companies
&
Distributors
—
0.2%
Fastenal
Co.
488,824
24,103,911
Wireless
Telecommunication
Services
—
0.6%
T-Mobile
US,
Inc.
460,804
83,147,474
Total
Common
Stocks
(Cost
$8,140,582,656)
9,665,781,743
Exchange
Traded
Funds
(a)
—
9
.5
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$1,345,828,250)
13,450,000
1,346,614,000
Principal
Amount
Short-Term
Investments
—
5
.4
%
Repurchase
Agreements
(d)
—
1
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$226,477,221
(Cost
$226,454,630)
$
226,454,630
226,454,630
ULTRA
QQQ
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
72
QLD
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(a)
—
3
.8
%
U.S.
Treasury
Bills
(e)
3.66%,
9/3/2026
$
125,000,000
$
124,975,035
3.66%,
9/22/2026
65,000,000
64,861,882
3.72%,
10/1/2026
75,000,000
74,770,052
3.70%,
10/6/2026
75,000,000
74,731,115
3.81%,
11/3/2026
65,000,000
64,574,297
3.77%,
11/5/2026
40,000,000
39,730,070
3.81%,
12/1/2026
50,000,000
49,529,379
3.78%,
12/24/2026
50,000,000
49,398,966
Total
U.S.
Treasury
Obligations
(Cost
$542,576,948)
542,570,796
Total
Short-Term
Investments
(Cost
$769,031,578)
769,025,426
Total
Investments
—
83.4%
(Cost
$10,255,442,484)
11,781,421,169
Other
assets
less
liabilities
—
16.6%
2,339,855,162
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(a)
(continued)
U.S.
Treasury
Bills(e)
(continued)
Net
Assets
—
100.0%
$
14,121,276,331
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,613,822,266.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Abbreviations
ADR
American
Depositary
Receipt
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
1,281,536,000
65,077,750
–
–
250
1,346,614,000
13,450,000
11,609,037
Futures
Contracts
Purchased
Ultra
QQQ
®
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Depreciation
AAAAAA
Nasdaq-100
E-Mini
Index
2,947
9/18/2026
U.S.
Dollar
$
1,739,496,220
$
(
6,673,171
)
AUGUST
31,
2026
(Unaudited)
::
ULTRA
QQQ
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
73
QLD
::
Swap
Agreements
Ultra
QQQ
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
1,319,613,342
3/8/2027
Bank
of
America
NA
4.78%
Nasdaq-100
Index
®
259,573,273
1,337,994,491
11/4/2027
Barclays
Bank
PLC
4.88%
Nasdaq-100
Index
®
122,488,573
1,371,133,583
1/12/2027
BNP
Paribas
4.98%
Nasdaq-100
Index
®
234,705,174
1,119,924,542
3/8/2027
Citibank
NA
4.88%
Nasdaq-100
Index
®
244,152,756
1,063,809,014
1/12/2027
Goldman
Sachs
International
4.68%
Nasdaq-100
Index
®
13,203,193
2,771,769,283
3/8/2027
Goldman
Sachs
International
4.63%
PowerShares
QQQ
Trust
SM
,
Series
1
131,564,728
3,835,578,297
144,767,921
1,227,648,682
4/6/2027
J.P.
Morgan
Securities,
LLC
4.68%
Nasdaq-100
Index
®
422,758,323
842,675,541
11/6/2026
Morgan
Stanley
&
Co.
International
plc
4.98%
Nasdaq-100
Index
®
121,367,457
2,028,624,894
11/6/2026
Morgan
Stanley
&
Co.
International
plc
4.98%
PowerShares
QQQ
Trust
SM
,
Series
1
211,608,176
2,871,300,435
332,975,633
1,052,526,995
4/6/2027
Nomura
Global
Financial
Products
Inc.
4.93%
Nasdaq-100
Index
®
314,719,424
1,733,189,201
11/4/2027
Societe
Generale
4.98%
Nasdaq-100
Index
®
114,963,731
968,515,717
4/6/2027
UBS
AG
4.68%
Nasdaq-100
Index
®
93,969,344
16,837,425,285
2,285,074,152
Total
Unrealized
Appreciation
2,285,074,152
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
QQQ
EQUAL
WEIGHT
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
74
EQQQ
::
Investments
Shares
Value
Common
Stocks
—
48
.9
%
Aerospace
&
Defense
—
1.0%
Axon
Enterprise,
Inc.*
95
$
53,823
Honeywell
Aerospace,
Inc.*
83
13,123
Rocket
Lab
Corp.*
290
18,537
85,483
Automobiles
—
0.4%
Tesla,
Inc.*
96
35,323
Beverages
—
2.1%
Coca-Cola
Europacific
Partners
plc
452
48,825
Keurig
Dr
Pepper,
Inc.
1,370
43,648
Monster
Beverage
Corp.*
938
43,073
PepsiCo,
Inc.
289
40,558
176,104
Biotechnology
—
2.7%
Alnylam
Pharmaceuticals,
Inc.*
137
32,975
Amgen,
Inc.
120
51,586
Gilead
Sciences,
Inc.
309
45,219
Regeneron
Pharmaceuticals,
Inc.
63
50,342
Vertex
Pharmaceuticals,
Inc.*
95
51,729
231,851
Broadline
Retail
—
1.5%
Amazon.com,
Inc.*
154
40,005
MercadoLibre,
Inc.*
22
42,596
PDD
Holdings,
Inc.,
ADR*
488
40,992
123,593
Chemicals
—
0.5%
Linde
plc
81
39,656
Commercial
Services
&
Supplies
—
1.1%
Cintas
Corp.
238
48,026
Copart,
Inc.*
1,255
41,402
89,428
Communications
Equipment
—
0.9%
Cisco
Systems,
Inc.
338
37,346
Lumentum
Holdings,
Inc.*
44
40,249
77,595
Construction
&
Engineering
—
0.4%
Ferrovial
NV
606
35,481
Consumer
Staples
Distribution
&
Retail
—
0.9%
Costco
Wholesale
Corp.
41
38,699
Walmart,
Inc.
354
37,124
75,823
Diversified
Telecommunication
Services
—
1.0%
Comcast
Corp.,
Class
a
A
1,650
43,923
Investments
Shares
Value
Common
Stocks
(continued)
Space
Exploration
Technologies
Corp.,
Class
a
A*
258
$
37,072
80,995
Electric
Utilities
—
1.9%
American
Electric
Power
Co.,
Inc.
329
40,279
Constellation
Energy
Corp.
140
38,468
Exelon
Corp.
901
39,392
Xcel
Energy,
Inc.
513
38,829
156,968
Energy
Equipment
&
Services
—
0.5%
Baker
Hughes
Co.,
Class
a
A
646
41,053
Entertainment
—
1.4%
Netflix,
Inc.*
474
38,418
Take-Two
Interactive
Software,
Inc.*
180
39,546
Warner
Bros
Discovery,
Inc.*
1,526
43,537
121,501
Financial
Services
—
0.6%
PayPal
Holdings,
Inc.
920
48,452
Food
Products
—
1.0%
Kraft
Heinz
Co.
(The)
1,709
43,870
Mondelez
International,
Inc.,
Class
a
A
670
41,587
85,457
Ground
Transportation
—
1.0%
CSX
Corp.
906
45,762
Old
Dominion
Freight
Line,
Inc.
180
35,993
81,755
Health
Care
Equipment
&
Supplies
—
2.1%
Dexcom,
Inc.*
553
50,356
GE
HealthCare
Technologies,
Inc.
662
47,154
IDEXX
Laboratories,
Inc.*
76
42,309
Intuitive
Surgical,
Inc.*
98
36,932
176,751
Hotels,
Restaurants
&
Leisure
—
2.9%
Airbnb,
Inc.,
Class
a
A*
311
56,981
Booking
Holdings,
Inc.
250
49,773
DoorDash,
Inc.,
Class
a
A*
257
59,557
Marriott
International,
Inc.,
Class
a
A
113
38,619
Starbucks
Corp.
413
43,881
248,811
Industrial
Conglomerates
—
0.2%
Honeywell
International,
Inc.
83
17,723
Interactive
Media
&
Services
—
0.9%
Alphabet,
Inc.,
Class
a
A
57
19,343
Alphabet,
Inc.,
Class
a
C
57
19,118
AUGUST
31,
2026
(Unaudited)
::
ULTRA
QQQ
EQUAL
WEIGHT
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
75
EQQQ
::
Investments
Shares
Value
Common
Stocks
(continued)
Meta
Platforms,
Inc.,
Class
a
A
62
$
35,485
73,946
IT
Services
—
1.0%
CoreWeave,
Inc.,
Class
a
A*
374
31,749
Shopify,
Inc.,
Class
a
A*
349
51,432
83,181
Machinery
—
0.5%
PACCAR,
Inc.
372
46,176
Media
—
0.2%
AppLovin
Corp.,
Class
a
A*
63
19,660
Oil,
Gas
&
Consumable
Fuels
—
0.5%
Diamondback
Energy,
Inc.
216
43,304
Professional
Services
—
1.9%
Automatic
Data
Processing,
Inc.
181
51,795
Paychex,
Inc.
428
54,502
Thomson
Reuters
Corp.
473
50,762
157,059
Semiconductors
&
Semiconductor
Equipment
—
8.1%
Advanced
Micro
Devices,
Inc.*
79
37,187
Analog
Devices,
Inc.
99
35,852
Applied
Materials,
Inc.
94
43,089
ARM
Holdings
plc,
ADR*
117
28,303
ASML
Holding
NV
(Registered),
ADR
23
39,008
Astera
Labs,
Inc.*
119
35,341
Broadcom,
Inc.
95
35,182
Intel
Corp.*
356
31,866
KLA
Corp.
215
37,722
Lam
Research
Corp.
133
40,098
Marvell
Technology,
Inc.
199
42,120
Microchip
Technology,
Inc.
433
31,804
Micron
Technology,
Inc.
41
39,308
Monolithic
Power
Systems,
Inc.
23
29,159
NVIDIA
Corp.
196
43,273
NXP
Semiconductors
NV
132
29,652
QUALCOMM,
Inc.
161
27,447
Teradyne,
Inc.
113
39,531
Texas
Instruments,
Inc.
136
35,484
681,426
Software
—
8.0%
Adobe,
Inc.*
158
46,261
Autodesk,
Inc.*
177
45,760
Cadence
Design
Systems,
Inc.*
113
38,282
Crowdstrike
Holdings,
Inc.,
Class
a
A*
221
51,051
Datadog,
Inc.,
Class
a
A*
162
38,401
Fortinet,
Inc.*
297
50,766
Intuit,
Inc.
121
43,475
Microsoft
Corp.
94
47,685
Nebius
Group
NV,
Class
a
A*
178
36,725
Palantir
Technologies,
Inc.,
Class
a
A*
259
48,272
Investments
Shares
Value
Common
Stocks
(continued)
Palo
Alto
Networks,
Inc.*
142
$
54,263
Roper
Technologies,
Inc.
122
51,806
Strategy,
Inc.,
Class
a
A*
257
34,166
Synopsys,
Inc.*
83
36,486
Workday,
Inc.,
Class
a
A*
278
54,891
678,290
Specialty
Retail
—
1.0%
O'Reilly
Automotive,
Inc.*
472
41,914
Ross
Stores,
Inc.
177
40,451
82,365
Technology
Hardware,
Storage
&
Peripherals
—
1.7%
Apple,
Inc.
134
42,458
Sandisk
Corp.*
22
34,468
Seagate
Technology
Holdings
plc
43
35,620
Western
Digital
Corp.
78
35,143
147,689
Trading
Companies
&
Distributors
—
0.5%
Fastenal
Co.
926
45,661
Wireless
Telecommunication
Services
—
0.5%
T-Mobile
US,
Inc.
218
39,336
Total
Common
Stocks
(Cost
$4,095,041)
4,127,896
Total
Investments
—
48.9%
(Cost
$4,095,041)
4,127,896
Other
assets
less
liabilities
—
51.1%
4,313,893
Net
Assets
—
100.0%
$
8,441,789
*
Non-income
producing
security.
Abbreviations
ADR
American
Depositary
Receipt
ULTRA
QQQ
EQUAL
WEIGHT
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
76
EQQQ
::
Swap
Agreements
ProShares
Ultra
QQQ
Equal
Weight
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
5,193,301
4/6/2028
Bank
of
America
NA
4.83%
Nasdaq-100
Equal
Weighted
Index
157,794
7,563,261
4/6/2028
Nomura
Global
Financial
Products
Inc.
4.43%
Nasdaq-100
Equal
Weighted
Index
(
109,055
)
12,756,562
48,739
Total
Unrealized
Appreciation
157,794
Total
Unrealized
Depreciation
(
109,055
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRA
QQQ
MEGA
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
77
QQUP
::
Investments
Shares
Value
Common
Stocks
—
56
.3
%
Automobiles
—
4.3%
Tesla,
Inc.*
3,344
$
1,230,425
Broadline
Retail
—
6.6%
Amazon.com,
Inc.*
7,203
1,871,123
Interactive
Media
&
Services
—
9.0%
Alphabet,
Inc.,
Class
a
A
3,901
1,323,804
Alphabet,
Inc.,
Class
a
C
3,657
1,226,595
2,550,399
Semiconductors
&
Semiconductor
Equipment
—
16.7%
Broadcom,
Inc.
3,178
1,176,941
NVIDIA
Corp.
16,212
3,579,285
4,756,226
Software
—
8.8%
Microsoft
Corp.
4,970
2,521,231
Technology
Hardware,
Storage
&
Peripherals
—
10.9%
Apple,
Inc.
9,837
3,116,853
Total
Common
Stocks
(Cost
$15,911,785)
16,046,257
Principal
Amount
Short-Term
Investments
—
25
.5
%
Repurchase
Agreements
(a)
—
25
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$7,284,898
(Cost
$7,284,172)
$
7,284,172
7,284,172
Total
Investments
—
81.8%
(Cost
$23,195,957)
23,330,429
Other
assets
less
liabilities
—
18.2%
5,194,016
Net
Assets
—
100.0%
$
28,524,445
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
Ultra
QQQ
Mega
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
13,303,307
1/6/2028
Bank
of
America
NA
4.83%
Nasdaq-100
Mega
Index
244,778
9,671,750
1/6/2028
Barclays
Bank
PLC
4.86%
Nasdaq-100
Mega
Index
304,160
12,405,528
4/6/2028
BNP
Paribas
4.68%
Nasdaq-100
Mega
Index
636,476
5,622,847
3/6/2028
Goldman
Sachs
International
4.38%
Nasdaq-100
Mega
Index
264,072
41,003,432
1,449,486
Total
Unrealized
Appreciation
1,449,486
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
QQQ
TOP
30
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
78
QQXL
::
Investments
Shares
Value
Common
Stocks
—
11
.2
%
Automobiles
—
0.5%
Tesla,
Inc.*
65
$
23,917
Beverages
—
0.1%
PepsiCo,
Inc.
49
6,877
Broadline
Retail
—
0.7%
Amazon.com,
Inc.*
138
35,848
Chemicals
—
0.2%
Linde
plc
17
8,323
Communications
Equipment
—
0.3%
Cisco
Systems,
Inc.
141
15,579
Consumer
Staples
Distribution
&
Retail
—
0.6%
Costco
Wholesale
Corp.
16
15,102
Walmart,
Inc.
174
18,247
33,349
Entertainment
—
0.2%
Netflix,
Inc.*
150
12,157
Interactive
Media
&
Services
—
1.3%
Alphabet,
Inc.,
Class
a
A
75
25,451
Alphabet,
Inc.,
Class
a
C
70
23,479
Meta
Platforms,
Inc.,
Class
a
A
38
21,749
70,679
Media
—
0.1%
AppLovin
Corp.,
Class
a
A*
11
3,433
Semiconductors
&
Semiconductor
Equipment
—
4.2%
Advanced
Micro
Devices,
Inc.*
55
25,890
Analog
Devices,
Inc.
17
6,156
Applied
Materials,
Inc.
28
12,835
Broadcom,
Inc.
61
22,591
Intel
Corp.*
180
16,112
KLA
Corp.
47
8,246
Lam
Research
Corp.
45
13,567
Micron
Technology,
Inc.
40
38,349
NVIDIA
Corp.
311
68,663
QUALCOMM,
Inc.
38
6,478
Texas
Instruments,
Inc.
33
8,610
227,497
Software
—
1.5%
Crowdstrike
Holdings,
Inc.,
Class
a
A*
36
8,316
Microsoft
Corp.
96
48,700
Palantir
Technologies,
Inc.,
Class
a
A*
82
15,283
Palo
Alto
Networks,
Inc.*
29
11,082
83,381
Technology
Hardware,
Storage
&
Peripherals
—
1.4%
Apple,
Inc.
189
59,885
Investments
Shares
Value
Common
Stocks
(continued)
Sandisk
Corp.*
5
$
7,833
Seagate
Technology
Holdings
plc
8
6,627
74,345
Wireless
Telecommunication
Services
—
0.1%
T-Mobile
US,
Inc.
39
7,037
Total
Common
Stocks
(Cost
$533,055)
602,422
Principal
Amount
Short-Term
Investments
—
37
.7
%
Repurchase
Agreements
(a)
—
37
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$2,042,131
(Cost
$2,041,926)
$
2,041,926
2,041,926
Total
Investments
—
48.9%
(Cost
$2,574,981)
2,644,348
Other
assets
less
liabilities
—
51.1%
2,768,064
Net
Assets
—
100.0%
$
5,412,412
*
Non-income
producing
security.
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
QQQ
TOP
30
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
79
QQXL
::
Swap
Agreements
Ultra
QQQ
Top
30
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
1,635,171
3/9/2027
Bank
of
America
NA
4.83%
Nasdaq-100
Top
30
Index
®
1,003,433
2,684,585
1/12/2027
Citibank
NA
4.78%
Nasdaq-100
Top
30
Index
®
570,172
3,656,724
3/9/2027
Nomura
Global
Financial
Products
Inc.
4.43%
Nasdaq-100
Top
30
Index
®
(
98,758
)
2,242,564
3/8/2027
Societe
Generale
4.68%
Nasdaq-100
Top
30
Index
®
328,497
10,219,044
1,803,344
Total
Unrealized
Appreciation
1,902,102
Total
Unrealized
Depreciation
(
98,758
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
REAL
ESTATE
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
80
URE
::
Investments
Shares
Value
Common
Stocks
(a)
—
70
.0
%
Health
Care
REITs
—
12.8%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
6,261
$
321,127
Healthpeak
Properties,
Inc.,
REIT
27,528
573,133
Ventas,
Inc.,
REIT
19,411
1,769,701
Welltower,
Inc.,
REIT
18,694
4,416,270
7,080,231
Hotel
&
Resort
REITs
—
1.0%
Host
Hotels
&
Resorts,
Inc.,
REIT
25,433
557,746
Industrial
REITs
—
6.4%
Prologis,
Inc.,
REIT
25,066
3,507,235
Office
REITs
—
0.7%
BXP,
Inc.,
REIT
5,920
402,501
Real
Estate
Management
&
Development
—
4.0%
CBRE
Group,
Inc.,
Class
a
A*
11,693
1,704,956
CoStar
Group,
Inc.*
16,308
522,998
2,227,954
Residential
REITs
—
8.6%
Camden
Property
Trust,
REIT
4,013
424,575
Essex
Property
Trust,
Inc.,
REIT
2,566
726,075
Invitation
Homes,
Inc.,
REIT
21,816
635,718
Mid-America
Apartment
Communities,
Inc.,
REIT
4,648
598,895
UDR,
Inc.,
REIT
11,799
435,973
Vivmark
Residential,
REIT
29,091
1,894,988
4,716,224
Retail
REITs
—
9.2%
Federal
Realty
Investment
Trust,
REIT
3,139
364,218
Kimco
Realty
Corp.,
REIT
26,928
638,463
Realty
Income
Corp.,
REIT
28,304
1,734,469
Regency
Centers
Corp.,
REIT
6,579
491,912
Simon
Property
Group,
Inc.,
REIT
8,590
1,823,829
5,052,891
Specialized
REITs
—
27.3%
American
Tower
Corp.,
REIT
12,326
2,165,678
Crown
Castle,
Inc.,
REIT
17,427
1,326,892
Digital
Realty
Trust,
Inc.,
REIT
10,238
1,900,070
Equinix,
Inc.,
REIT
2,612
2,734,033
Extra
Space
Storage,
Inc.,
REIT
8,436
1,190,320
Iron
Mountain,
Inc.,
REIT
11,881
1,370,473
Public
Storage,
REIT
5,760
1,768,262
SBA
Communications
Corp.,
Class
a
A,
REIT
4,234
803,020
VICI
Properties,
Inc.,
Class
a
A,
REIT
43,637
1,119,289
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Weyerhaeuser
Co.,
REIT
28,767
$
672,285
15,050,322
Total
Common
Stocks
(Cost
$40,641,139)
38,595,104
Exchange
Traded
Funds
(a)
—
13
.6
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$7,507,750)
75,000
7,509,000
Principal
Amount
Short-Term
Investments
—
7
.0
%
Repurchase
Agreements
(d)
—
7
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$3,864,110
(Cost
$3,863,724)
$
3,863,724
3,863,724
Total
Investments
—
90.6%
(Cost
$52,012,613)
49,967,828
Other
assets
less
liabilities
—
9.4%
5,165,147
Net
Assets
—
100.0%
$
55,132,975
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$2,738,671.
*
Non-income
producing
security.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Abbreviations
REIT
Real
Estate
Investment
Trust
AUGUST
31,
2026
(Unaudited)
::
ULTRA
REAL
ESTATE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
81
URE
::
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
5,006,000
2,503,250
–
–
(250)
7,509,000
75,000
48,666
Swap
Agreements
Ultra
Real
Estate
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
10,018,232
3/8/2027
Bank
of
America
NA
4.73%
S&P
Real
Estate
Select
Sector
Index
c
(
391,073
)
11,931,177
3/8/2027
BNP
Paribas
4.83%
S&P
Real
Estate
Select
Sector
Index
c
(
664,060
)
7,601,344
4/15/2027
Citibank
NA
4.68%
S&P
Real
Estate
Select
Sector
Index
c
446,660
16,500,209
3/8/2027
Goldman
Sachs
International
4.38%
S&P
Real
Estate
Select
Sector
Index
c
277,625
9,670,364
3/8/2027
Societe
Generale
4.58%
S&P
Real
Estate
Select
Sector
Index
c
261,290
15,995,185
3/8/2027
UBS
AG
4.68%
S&P
Real
Estate
Select
Sector
Index
c
(
251,861
)
71,716,511
(
321,419
)
Total
Unrealized
Appreciation
985,575
Total
Unrealized
Depreciation
(
1,306,994
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
82
UWM
::
Investments
Shares
Value
Common
Stocks
—
40
.0
%
Aerospace
&
Defense
—
0.7%
AAR
Corp.*
1,255
$
162,259
AerSale
Corp.*
1,155
6,341
Aevex
Corp.,
Class
a
A(a)
571
10,050
AIRO
Group
Holdings,
Inc.*
692
5,273
Archer
Aviation,
Inc.,
Class
a
A*
21,129
122,126
Astronics
Corp.*
1,006
74,112
Beta
Technologies,
Inc.,
Class
a
A*
1,056
21,225
Cadre
Holdings,
Inc.
995
29,512
Ducommun,
Inc.*
452
77,482
Eve
Holding,
Inc.*
3,125
7,031
Firefly
Aerospace,
Inc.*
2,508
52,969
Innovative
Solutions
and
Support,
Inc.*
469
8,911
Intuitive
Machines,
Inc.*
4,011
61,609
Mercury
Systems,
Inc.*
1,772
154,749
Moog,
Inc.,
Class
a
A
906
336,579
National
Presto
Industries,
Inc.
162
24,577
Park
Aerospace
Corp.
579
18,841
Red
Cat
Holdings,
Inc.(a)
3,499
30,056
Redwire
Corp.*
6,155
65,858
Satellogic,
Inc.,
Class
a
A*
2,999
14,605
Sidus
Space,
Inc.,
Class
a
A(a)
2,585
5,609
Starfighters
Space,
Inc.(a)
965
3,204
Swarmer,
Inc.(a)
103
3,413
TAT
Technologies
Ltd.*
382
13,878
V2X,
Inc.*
923
71,219
Virgin
Galactic
Holdings,
Inc.*
3,038
8,871
Voyager
Technologies,
Inc.,
Class
a
A*
1,636
55,019
VSE
Corp.
889
185,516
York
Space
Systems,
Inc.(a)
599
5,445
1,636,339
Air
Freight
&
Logistics
—
0.0%(b)
Forward
Air
Corp.*
718
12,206
Hub
Group,
Inc.,
Class
a
A
1,893
75,474
Radiant
Logistics,
Inc.*
1,146
9,787
97,467
Automobile
Components
—
0.5%
Adient
plc*
2,487
47,178
Cooper-Standard
Holdings,
Inc.*
534
14,301
Dana,
Inc.
3,482
104,390
Dauch
Corp.*
7,453
46,656
Dorman
Products,
Inc.*
842
108,492
Fox
Factory
Holding
Corp.*
1,335
27,274
Garrett
Motion,
Inc.
5,488
147,902
Gentherm,
Inc.*
969
38,072
Goodyear
Tire
&
Rubber
Co.
(The)*
8,867
55,596
Holley,
Inc.*
2,453
7,016
LCI
Industries
751
75,573
Motorcar
Parts
of
America,
Inc.*
421
4,892
Patrick
Industries,
Inc.
1,024
83,681
Phinia,
Inc.
1,167
79,869
Solid
Power,
Inc.*
6,372
14,847
Investments
Shares
Value
Common
Stocks
(continued)
Standard
Motor
Products,
Inc.
685
$
25,838
Stoneridge,
Inc.*
875
6,055
Strattec
Security
Corp.*
136
9,539
Versigent
plc*
2,265
107,361
Visteon
Corp.
850
86,547
XPEL,
Inc.*(c)
811
39,950
1,131,029
Automobiles
—
0.1%
Harley-Davidson,
Inc.
3,313
91,439
Livewire
Group,
Inc.(a)
378
461
Lucid
Group,
Inc.,
Class
a
A*
4,015
19,473
Winnebago
Industries,
Inc.
876
26,359
137,732
Banks
—
4.3%
1st
Source
Corp.
571
48,895
ACNB
Corp.
324
21,057
Amalgamated
Financial
Corp.
571
27,448
Amerant
Bancorp,
Inc.,
Class
a
A
1,089
31,265
Ameris
Bancorp
2,079
175,156
Ames
National
Corp.
286
9,006
Arrow
Financial
Corp.
511
19,285
Associated
Banc-Corp.
4,567
139,796
Atlantic
Union
Bankshares
Corp.
4,538
183,018
Avidbank
Holdings,
Inc.*
294
9,243
Avidia
Bancorp,
Inc.
569
12,603
Axos
Financial,
Inc.*
1,737
168,124
Banc
of
California,
Inc.
4,840
90,121
BancFirst
Corp.
686
74,925
Bancorp,
Inc.
(The)*
1,265
82,225
Bank
First
Corp.
315
47,458
Bank
of
Hawaii
Corp.
1,249
94,837
Bank
of
Marin
Bancorp
478
12,705
Bank
of
NT
Butterfield
&
Son
Ltd.
(The)
1,270
74,778
Bank7
Corp.
140
7,190
BankUnited,
Inc.
2,346
106,978
Bankwell
Financial
Group,
Inc.
196
12,885
Banner
Corp.
1,059
74,278
Bar
Harbor
Bankshares
521
20,439
BayCom
Corp.
315
9,396
BCB
Bancorp,
Inc.
507
4,335
Beacon
Financial
Corp.
2,672
82,966
Blue
Ridge
Bankshares,
Inc.
2,063
8,046
Bridgewater
Bancshares,
Inc.*
676
14,243
Burke
&
Herbert
Financial
Services
Corp.
481
34,300
Business
First
Bancshares,
Inc.
1,001
31,051
BV
Financial,
Inc.*
213
4,524
Byline
Bancorp,
Inc.
969
36,744
C&F
Financial
Corp.
97
8,828
California
BanCorp
815
17,343
Camden
National
Corp.
541
30,556
Capital
Bancorp,
Inc.
354
12,794
Capital
City
Bank
Group,
Inc.
451
22,766
Capitol
Federal
Financial,
Inc.
3,850
33,148
Carter
Bankshares,
Inc.
693
21,649
Cathay
General
Bancorp
2,061
126,154
AUGUST
31,
2026
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
83
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
CB
Financial
Services,
Inc.
143
$
5,344
Central
Pacific
Financial
Corp.
813
30,260
CF
Bankshares,
Inc.
167
5,771
Chain
Bridge
Bancorp,
Inc.,
Class
a
A*
75
3,438
Chemung
Financial
Corp.
130
10,539
ChoiceOne
Financial
Services,
Inc.
444
14,745
Citizens
&
Northern
Corp.
549
13,912
Citizens
Community
Bancorp,
Inc.
299
6,228
Citizens
Financial
Services,
Inc.
139
11,167
City
Holding
Co.
446
63,756
Civista
Bancshares,
Inc.
666
17,969
CNB
Financial
Corp.
935
31,622
Coastal
Financial
Corp.*
407
19,174
CoastalSouth
Bancshares,
Inc.
266
7,291
Colony
Bankcorp,
Inc.
662
14,001
Columbia
Financial,
Inc.
7,722
89,730
Commercial
Bancgroup,
Inc.
267
9,019
Community
Bancorp
166
6,720
Community
Financial
System,
Inc.
1,677
105,232
Community
Trust
Bancorp,
Inc.
502
38,217
Community
West
Bancshares
775
20,096
ConnectOne
Bancorp,
Inc.
1,538
48,355
Customers
Bancorp,
Inc.*
979
76,538
CVB
Financial
Corp.
5,378
119,230
Dime
Commercial
Bancshares,
Inc.
1,291
52,156
Eagle
Bancorp
Montana,
Inc.
232
5,185
Eagle
Bancorp,
Inc.
906
24,725
Eagle
Financial
Services,
Inc.
147
6,073
Eastern
Bankshares,
Inc.
6,918
151,919
ECB
Bancorp,
Inc.*
224
4,637
Enterprise
Financial
Services
Corp.
1,155
73,031
Equity
Bancshares,
Inc.,
Class
a
A
549
27,099
Esquire
Financial
Holdings,
Inc.
234
26,142
Farmers
&
Merchants
Bancorp,
Inc.
423
14,361
Farmers
National
Banc
Corp.
1,862
29,066
FB
Bancorp,
Inc.*
509
7,981
FB
Financial
Corp.
1,400
79,744
Fidelity
D&D
Bancorp,
Inc.
146
7,821
Financial
Institutions,
Inc.
621
25,163
Finwise
Bancorp*
301
4,185
First
Bancorp
1,283
81,381
First
Bancorp
4,910
136,891
First
Bancorp,
Inc.
(The)
350
11,991
First
Bank
689
12,264
First
Busey
Corp.
2,576
77,538
First
Business
Financial
Services,
Inc.
259
18,096
First
Capital,
Inc.
112
6,959
First
Commonwealth
Financial
Corp.
3,231
66,882
First
Community
Bankshares,
Inc.
519
25,166
First
Community
Corp.
278
9,202
Investments
Shares
Value
Common
Stocks
(continued)
First
Financial
Bancorp
3,341
$
109,017
First
Financial
Bankshares,
Inc.
4,201
139,599
First
Financial
Corp.
362
28,337
First
Guaranty
Bancshares,
Inc.
193
1,639
First
Internet
Bancorp
241
6,589
First
Interstate
BancSystem,
Inc.,
Class
a
A
2,883
106,123
First
Merchants
Corp.
2,002
83,023
First
Mid
Bancshares,
Inc.
778
38,713
First
National
Corp.
255
7,790
First
Northern
Community
Bancorp*
480
8,002
First
United
Corp.
197
8,451
First
Western
Financial,
Inc.*
271
8,393
Firstsun
Capital
Bancorp*
786
31,448
Five
Star
Bancorp
495
22,681
Flagstar
Bank
NA
9,757
129,866
Franklin
Financial
Services
Corp.
142
8,797
FS
Bancorp,
Inc.
196
8,291
Fulton
Financial
Corp.
6,148
144,232
FVCBankcorp,
Inc.
471
8,600
GBank
Financial
Holdings,
Inc.*
294
5,754
German
American
Bancorp,
Inc.
1,179
58,148
Glacier
Bancorp,
Inc.
4,169
193,066
Great
Southern
Bancorp,
Inc.
258
20,194
Greene
County
Bancorp,
Inc.
229
7,875
Hancock
Whitney
Corp.
2,600
193,674
Hanmi
Financial
Corp.
938
29,078
Hanover
Bancorp,
Inc.
128
3,420
Hawthorn
Bancshares,
Inc.
183
7,121
HBT
Financial,
Inc.
502
17,811
Heritage
Financial
Corp.
1,310
37,427
Hilltop
Holdings,
Inc.
1,267
48,209
Hingham
Institution
For
Savings
(The)
45
12,972
Home
Bancorp,
Inc.
228
15,616
Home
BancShares,
Inc.
5,936
174,875
HomeTrust
Bancshares,
Inc.
483
22,430
Hope
Bancorp,
Inc.
3,921
54,071
Horizon
Bancorp,
Inc.
1,614
31,344
Independent
Bank
Corp.
1,545
125,423
Independent
Bank
Corp.
634
23,135
International
Bancshares
Corp.
1,738
121,938
Investar
Holding
Corp.
403
12,142
Isabella
Bank
Corp.(a)
219
8,375
John
Marshall
Bancorp,
Inc.
393
8,976
Kearny
Financial
Corp.
1,848
18,240
Lakeland
Financial
Corp.
786
46,445
Landmark
Bancorp,
Inc.
171
5,434
LCNB
Corp.
437
8,447
Live
Oak
Bancshares,
Inc.
1,148
45,220
MainStreet
Bancshares,
Inc.
200
4,988
Mechanics
Bancorp
1,264
19,895
Mercantile
Bank
Corp.
532
31,792
Meridian
Corp.
305
5,877
Metrocity
Bankshares,
Inc.
733
25,523
Metropolitan
Bank
Holding
Corp.
360
32,681
Mid
Penn
Bancorp,
Inc.
684
24,904
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
84
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Midland
States
Bancorp,
Inc.
614
$
20,133
MVB
Financial
Corp.
375
11,351
National
Bank
Holdings
Corp.,
Class
a
A
1,369
56,526
National
Bankshares,
Inc.
207
8,528
NB
Bancorp,
Inc.
1,278
28,538
NBT
Bancorp,
Inc.
1,628
83,712
Nicolet
Bankshares,
Inc.
629
106,515
Northeast
Bank
235
29,645
Northeast
Community
Bancorp,
Inc.
382
10,066
Northpointe
Bancshares,
Inc.
658
11,179
Northrim
Bancorp,
Inc.
689
17,618
Northwest
Bancshares,
Inc.
4,672
71,435
Norwood
Financial
Corp.
321
10,965
Oak
Valley
Bancorp
236
7,927
OceanFirst
Financial
Corp.
2,663
50,171
OFG
Bancorp
1,356
70,580
Ohio
Valley
Banc
Corp.
118
5,396
Old
National
Bancorp
10,983
280,945
Old
Second
Bancorp,
Inc.
1,593
39,952
OP
Bancorp
384
5,764
Orange
County
Bancorp,
Inc.
396
15,028
Origin
Bancorp,
Inc.
944
50,155
Orrstown
Financial
Services,
Inc.
594
24,770
Park
National
Corp.
541
105,652
Parke
Bancorp,
Inc.
331
11,171
Pathward
Financial,
Inc.
678
55,230
PCB
Bancorp
342
9,347
Peapack-Gladstone
Financial
Corp.
511
22,811
Peoples
Bancorp
of
North
Carolina,
Inc.
134
5,856
Peoples
Bancorp,
Inc.
1,121
44,134
Peoples
Financial
Services
Corp.
290
19,914
Pioneer
Bancorp,
Inc.*
331
5,779
Plumas
Bancorp
202
12,368
Ponce
Financial
Group,
Inc.*
628
12,736
Preferred
Bank
352
36,055
Primis
Financial
Corp.
686
10,907
Princeton
Bancorp,
Inc.
166
7,009
Provident
Financial
Services,
Inc.
4,080
95,472
QCR
Holdings,
Inc.
526
52,321
RBB
Bancorp
509
13,209
Red
River
Bancshares,
Inc.
169
16,907
Renasant
Corp.
2,973
121,625
Republic
Bancorp,
Inc.,
Class
a
A
263
24,593
Rhinebeck
Bancorp,
Inc.
198
2,494
Richmond
Mutual
Bancorp,
Inc.
261
4,121
S&T
Bancorp,
Inc.
1,162
57,496
Seacoast
Banking
Corp.
of
Florida
3,095
105,091
ServisFirst
Bancshares,
Inc.
3,288
141,515
Shore
Bancshares,
Inc.
987
22,662
Sierra
Bancorp
382
15,135
Simmons
First
National
Corp.,
Class
a
A
4,621
104,342
SmartFinancial,
Inc.
491
24,820
Investments
Shares
Value
Common
Stocks
(continued)
South
Plains
Financial,
Inc.
493
$
21,495
Southern
First
Bancshares,
Inc.*
297
18,221
Southern
Missouri
Bancorp,
Inc.
303
22,298
Southside
Bancshares,
Inc.
910
28,720
SR
Bancorp,
Inc.
225
4,385
Stock
Yards
Bancorp,
Inc.
844
66,853
Texas
Capital
Bancshares,
Inc.
1,373
133,428
Third
Coast
Bancshares,
Inc.*
488
21,765
Timberland
Bancorp,
Inc.
228
10,395
Tompkins
Financial
Corp.
434
42,150
Towne
Bank
2,786
103,193
TriCo
Bancshares
935
49,910
Triumph
Financial,
Inc.*
719
51,229
TrustCo
Bank
Corp.
540
30,629
Trustmark
Corp.
1,766
81,095
UMB
Financial
Corp.
2,324
329,148
United
Bankshares,
Inc.
4,404
207,561
United
Community
Banks,
Inc.
3,841
133,820
Unity
Bancorp,
Inc.
224
12,999
Univest
Financial
Corp.
880
36,538
USCB
Financial
Holdings,
Inc.
385
8,562
Valley
National
Bancorp
15,366
209,592
Virginia
National
Bankshares
Corp.
149
6,899
WaFd,
Inc.
2,338
83,607
Washington
Trust
Bancorp,
Inc.
597
23,361
WesBanco,
Inc.
3,036
121,470
West
Bancorp,
Inc.
486
13,729
Westamerica
Bancorp
755
43,828
Western
New
England
Bancorp,
Inc.
565
7,763
WSFS
Financial
Corp.
1,667
129,109
10,430,104
Beverages
—
0.1%
Boston
Beer
Co.,
Inc.
(The),
Class
a
A*
243
43,208
MGP
Ingredients,
Inc.
470
7,807
National
Beverage
Corp.
763
24,133
Vita
Coco
Co.,
Inc.
(The)*
1,547
90,832
165,980
Biotechnology
—
4.2%
4D
Molecular
Therapeutics,
Inc.*
1,436
20,262
Abeona
Therapeutics,
Inc.(a)
1,365
7,985
Absci
Corp.*
4,348
39,306
ACADIA
Pharmaceuticals,
Inc.*
4,050
117,085
Achieve
Life
Sciences,
Inc.(a)
2,444
19,405
Acumen
Pharmaceuticals,
Inc.*
1,483
4,227
ADC
Therapeutics
SA*
3,369
3,942
ADMA
Biologics,
Inc.*
7,246
68,040
Agenus,
Inc.(a)
1,247
9,490
Agios
Pharmaceuticals,
Inc.*
1,860
62,645
Akebia
Therapeutics,
Inc.*
8,117
7,458
Aktis
Oncology,
Inc.*
659
17,075
Alector,
Inc.*
3,079
6,959
Alkermes
plc*
5,272
247,731
AUGUST
31,
2026
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
85
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Allogene
Therapeutics,
Inc.*
8,329
$
16,658
Altimmune,
Inc.*
6,240
19,406
ALX
Oncology
Holdings,
Inc.*
3,386
6,535
AnaptysBio,
Inc.*
625
35,644
Anavex
Life
Sciences
Corp.(a)
2,893
8,100
Anika
Therapeutics,
Inc.*
353
7,367
Annexon,
Inc.*
4,874
24,078
Apogee
Therapeutics,
Inc.*
1,419
191,679
Arbutus
Biopharma
Corp.*
5,054
25,674
Arcturus
Therapeutics
Holdings,
Inc.*
843
12,443
Arcus
Biosciences,
Inc.*
2,813
82,365
Arcutis
Biotherapeutics,
Inc.*
3,587
85,980
Ardelyx,
Inc.*
7,675
29,011
Armata
Pharmaceuticals,
Inc.*
374
2,061
ArriVent
Biopharma,
Inc.*
1,187
35,669
ARS
Pharmaceuticals,
Inc.(a)
1,934
11,604
Artiva
Biotherapeutics,
Inc.(a)
139
1,571
Assembly
Biosciences,
Inc.*
312
10,493
Atrium
Therapeutics,
Inc.*
443
5,901
Aura
Biosciences,
Inc.*
1,407
10,102
Aurinia
Pharmaceuticals,
Inc.*
3,740
60,251
Avalo
Therapeutics,
Inc.*
1,307
25,277
Beam
Therapeutics,
Inc.*
3,115
91,674
Benitec
Biopharma,
Inc.*
665
8,093
Bicara
Therapeutics,
Inc.*
1,391
32,160
BioCryst
Pharmaceuticals,
Inc.*
7,316
70,965
Biohaven
Ltd.*
4,198
64,103
Black
Diamond
Therapeutics,
Inc.*
1,484
3,116
Bright
Minds
Biosciences,
Inc.*
223
15,996
C4
Therapeutics,
Inc.*
3,183
11,809
Cabaletta
Bio,
Inc.*
3,529
10,975
CAMP4
Therapeutics
Corp.*
993
3,932
Candel
Therapeutics,
Inc.*
1,986
25,957
Canton
Strategic
Holdings,
Inc.*
1,391
3,171
Capricor
Therapeutics,
Inc.(a)
1,689
16,738
CareDx,
Inc.*
1,616
80,978
Caribou
Biosciences,
Inc.*
2,881
4,437
Cartesian
Therapeutics,
Inc.*
421
3,907
Celcuity,
Inc.*
1,208
107,584
Celldex
Therapeutics,
Inc.*
2,454
97,252
Century
Therapeutics,
Inc.(a)
3,863
7,919
CG
oncology,
Inc.*
2,320
174,371
Climb
Bio,
Inc.*
1,107
15,199
Cogent
Biosciences,
Inc.*
5,242
183,470
Coherus
Oncology,
Inc.(a)
4,108
5,546
Compass
Therapeutics,
Inc.*
4,109
9,821
Connect
Biopharma
Holdings
Ltd.,
ADR*
478
1,052
Corbus
Pharmaceuticals
Holdings,
Inc.*
514
5,608
Corvus
Pharmaceuticals,
Inc.*
2,125
29,835
Crescent
Biopharma,
Inc.*
679
11,271
CRISPR
Therapeutics
AG*
2,928
166,837
Cullinan
Therapeutics,
Inc.*
1,898
41,889
Cytokinetics,
Inc.*
4,152
294,418
CytomX
Therapeutics,
Inc.*
5,591
18,786
Damora
Therapeutics,
Inc.*
1,676
47,230
Denali
Therapeutics,
Inc.*
4,623
109,842
Investments
Shares
Value
Common
Stocks
(continued)
Design
Therapeutics,
Inc.*
971
$
14,652
DiaMedica
Therapeutics,
Inc.*
1,153
7,322
Dianthus
Therapeutics,
Inc.*
1,488
157,148
Disc
Medicine,
Inc.*
888
69,841
Dyne
Therapeutics,
Inc.*
4,716
119,928
Editas
Medicine,
Inc.*
3,141
9,611
Eikon
Therapeutics,
Inc.(a)
689
7,207
Eledon
Pharmaceuticals,
Inc.*
2,414
7,194
Elicio
Therapeutics,
Inc.(a)
412
1,112
Emergent
BioSolutions,
Inc.*
1,633
9,961
Enanta
Pharmaceuticals,
Inc.*
891
11,877
Entrada
Therapeutics,
Inc.*
927
6,535
Erasca,
Inc.*
6,898
123,336
Evommune,
Inc.*
399
5,051
Fennec
Pharmaceuticals,
Inc.*
906
11,189
First
Tracks
Biotherapeutics,
Inc.*
731
30,585
Foghorn
Therapeutics,
Inc.*
1,149
6,595
Galectin
Therapeutics,
Inc.(a)
1,505
5,945
Generate
Biomedicines,
Inc.*
765
11,682
Geron
Corp.*
17,571
26,181
GRAIL,
Inc.*
1,303
103,419
Greenwich
Lifesciences,
Inc.(a)
209
3,125
Gyre
Therapeutics,
Inc.*
571
3,751
Heron
Therapeutics,
Inc.(a)
5,015
1,595
Hyperliquid
Strategies,
Inc.*
3,951
48,400
Ideaya
Biosciences,
Inc.*
2,629
105,423
Immix
Biopharma,
Inc.*
1,290
18,099
Immuneering
Corp.,
Class
a
A(a)
1,679
8,378
ImmunityBio,
Inc.(a)
12,139
96,505
Immunome,
Inc.*
3,314
90,837
Immunovant,
Inc.*
2,677
109,275
Inhibikase
Therapeutics,
Inc.(a)
3,808
8,796
Inhibrx
Biosciences,
Inc.*
292
36,996
Intellia
Therapeutics,
Inc.*
4,241
53,988
Invivyd,
Inc.*
6,606
6,308
Iovance
Biotherapeutics,
Inc.*
12,496
102,092
Ironwood
Pharmaceuticals,
Inc.,
Class
a
A*
5,148
21,879
Jade
Biosciences,
Inc.*
1,029
21,979
Janux
Therapeutics,
Inc.*
1,362
24,816
Kailera
Therapeutics,
Inc.*
1,454
22,392
Karyopharm
Therapeutics,
Inc.*
633
1,304
Keros
Therapeutics,
Inc.*
577
6,393
Kiniksa
Pharmaceuticals
International
plc,
Class
a
A*
1,332
104,735
Kodiak
Sciences,
Inc.*
1,242
46,389
Korro
Bio,
Inc.*
359
4,484
Krystal
Biotech,
Inc.*
814
292,519
Kura
Oncology,
Inc.*
2,670
33,775
Kymera
Therapeutics,
Inc.*
1,968
233,818
Kyverna
Therapeutics,
Inc.*
1,316
11,153
Larimar
Therapeutics,
Inc.*
2,092
7,991
Lexeo
Therapeutics,
Inc.*
2,228
10,605
Lineage
Cell
Therapeutics,
Inc.
(a)
5,790
6,369
Lyell
Immunopharma,
Inc.*
286
4,096
MacroGenics,
Inc.*
1,970
7,860
MannKind
Corp.*
9,668
38,769
MapLight
Therapeutics,
Inc.(a)
320
4,150
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
86
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
MeiraGTx
Holdings
plc*
1,892
$
26,129
MiMedx
Group,
Inc.*
3,799
17,247
Mineralys
Therapeutics,
Inc.*
1,795
46,078
Minerva
Neurosciences,
Inc.(a)
1,065
4,856
Mirum
Pharmaceuticals,
Inc.*
1,490
146,095
Monopar
Therapeutics,
Inc.*
133
14,887
Monte
Rosa
Therapeutics,
Inc.*
2,326
32,424
Myriad
Genetics,
Inc.*
2,908
9,364
Neurogene,
Inc.*
345
12,503
Nkarta,
Inc.*
1,398
3,789
Novavax,
Inc.*
4,788
44,864
Nurix
Therapeutics,
Inc.*
3,005
77,469
Nuvectis
Pharma,
Inc.(a)
540
12,274
Ocugen,
Inc.(a)
10,733
14,275
Olema
Pharmaceuticals,
Inc.*
2,458
25,637
OnKure
Therapeutics,
Inc.,
Class
a
A*
819
2,973
Opus
Genetics,
Inc.*
1,676
6,067
Organogenesis
Holdings,
Inc.,
Class
a
A*
2,166
3,726
ORIC
Pharmaceuticals,
Inc.*
2,347
30,488
Oruka
Therapeutics,
Inc.*
1,586
146,895
Ovid
Therapeutics,
Inc.*
4,813
12,851
Palisade
Bio,
Inc.*
4,632
9,032
Palvella
Therapeutics,
Inc.*
350
53,407
Perspective
Therapeutics,
Inc.*
3,246
10,257
Praxis
Precision
Medicines,
Inc.*
782
273,935
Precigen,
Inc.*
6,062
42,010
Precision
BioSciences,
Inc.*
751
5,738
Prelude
Therapeutics,
Inc.*
874
4,894
Prime
Medicine,
Inc.*
2,951
10,594
ProKidney
Corp.,
Class
a
A(a)
2,375
4,489
Protagonist
Therapeutics,
Inc.*
1,932
285,453
Protalix
BioTherapeutics,
Inc.*
2,325
5,975
Protara
Therapeutics,
Inc.*
1,647
6,357
Prothena
Corp.
plc*
1,400
13,090
PTC
Therapeutics,
Inc.*
2,599
180,734
Puma
Biotechnology,
Inc.*
1,393
12,690
Recursion
Pharmaceuticals,
Inc.,
Class
a
A*
16,063
54,614
REGENXBIO,
Inc.*
1,516
14,402
Relay
Therapeutics,
Inc.*
5,075
93,279
Replimune
Group,
Inc.*
2,487
38,051
Rezolute,
Inc.*
2,463
11,551
Rhythm
Pharmaceuticals,
Inc.*
1,736
184,242
Rigel
Pharmaceuticals,
Inc.*
575
26,554
Rocket
Pharmaceuticals,
Inc.*
2,844
10,580
SAB
Biotherapeutics,
Inc.*
1,364
5,060
Sagimet
Biosciences,
Inc.,
Class
a
A*
1,847
18,950
Sana
Biotechnology,
Inc.*
5,764
22,307
Sarepta
Therapeutics,
Inc.*
3,270
68,768
Savara,
Inc.*
4,807
25,910
Scholar
Rock
Holding
Corp.*
3,511
199,425
SELLAS
Life
Sciences
Group,
Inc.(a)
5,927
79,066
Shattuck
Labs,
Inc.*
1,919
13,452
Sionna
Therapeutics,
Inc.*
576
3,473
Solid
Biosciences,
Inc.*
2,475
23,711
Investments
Shares
Value
Common
Stocks
(continued)
Spruce
Biosciences,
Inc.*
79
$
4,659
Spyre
Therapeutics,
Inc.*
2,334
208,496
Stoke
Therapeutics,
Inc.*
1,728
53,914
Surrozen,
Inc.*
228
5,021
Sutro
Biopharma,
Inc.*
508
10,282
Syndax
Pharmaceuticals,
Inc.*
2,795
53,916
Tango
Therapeutics,
Inc.*
4,417
100,884
Taysha
Gene
Therapies,
Inc.*
7,533
42,863
Tectonic
Therapeutic,
Inc.*
325
9,731
Tenax
Therapeutics,
Inc.*
783
1,441
TG
Therapeutics,
Inc.*
4,569
248,097
Tonix
Pharmaceuticals
Holding
Corp.*
456
6,430
Travere
Therapeutics,
Inc.*
2,810
186,247
TriSalus
Life
Sciences,
Inc.*
1,506
7,455
Twist
Bioscience
Corp.*
2,039
283,421
Tyra
Biosciences,
Inc.*
1,147
28,709
Ultragenyx
Pharmaceutical,
Inc.*
3,034
76,487
Unicycive
Therapeutics,
Inc.*
766
3,983
Upstream
Bio,
Inc.*
1,105
7,315
UroGen
Pharma
Ltd.*
1,336
57,568
Vanda
Pharmaceuticals,
Inc.*
1,692
9,137
Vaxcyte,
Inc.*
4,138
251,342
Vera
Therapeutics,
Inc.,
Class
a
A*
2,009
68,467
Veracyte,
Inc.*
2,541
109,746
Verastem,
Inc.*
2,510
18,122
Vericel
Corp.*
1,615
64,439
Vir
Biotechnology,
Inc.*
3,861
42,239
Viridian
Therapeutics,
Inc.*
2,838
65,728
Vor
BioPharma,
Inc.*
1,275
28,662
Voyager
Therapeutics,
Inc.*
1,646
5,679
Whitehawk
Therapeutics,
Inc.*
1,023
4,644
X4
Pharmaceuticals,
Inc.*
2,540
10,262
Xencor,
Inc.*
2,185
59,574
Xenon
Pharmaceuticals,
Inc.*
3,083
185,658
Z
Squared,
Inc.(a)
1,376
4,059
Zenas
Biopharma,
Inc.(a)
898
29,023
Zentalis
Pharmaceuticals,
Inc.*
1,575
5,922
Zura
Bio
Ltd.,
Class
a
A(a)
1,849
10,243
Zymeworks,
Inc.*
1,480
43,527
10,377,168
Broadline
Retail
—
0.0%(b)
1stdibs.com,
Inc.*
753
3,291
Groupon,
Inc.,
Class
a
A(a)
753
14,443
Kohl's
Corp.
3,466
61,764
Pattern
Group,
Inc.,
Class
a
A*
1,019
21,124
Savers
Value
Village,
Inc.*
1,186
12,251
112,873
Building
Products
—
0.4%
Apogee
Enterprises,
Inc.
659
25,741
AZZ,
Inc.
942
129,205
CSW
Industrials,
Inc.
502
155,093
Gibraltar
Industries,
Inc.*
948
42,651
Griffon
Corp.
1,216
118,426
Insteel
Industries,
Inc.
602
18,120
Janus
International
Group,
Inc.*
4,198
20,822
AUGUST
31,
2026
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
87
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Masterbrand,
Inc.*
6,386
$
52,684
Quanex
Building
Products
Corp.
1,461
28,080
Resideo
Technologies,
Inc.*
4,321
83,655
Tecnoglass
Holdings,
Inc.
807
32,038
UFP
Industries,
Inc.
1,799
152,051
Zurn
Elkay
Water
Solutions
Corp.
4,750
227,050
1,085,616
Capital
Markets
—
0.9%
Acadian
Asset
Management,
Inc.
889
83,744
AlTi
Global,
Inc.*
1,575
6,143
Artisan
Partners
Asset
Management,
Inc.,
Class
a
A
2,025
86,204
Bakkt,
Inc.,
Class
a
A(a)
932
7,148
BGC
Group,
Inc.,
Class
a
A
11,847
142,283
BRC
Group
Holdings,
Inc.(a)
720
4,982
Chaince
Digital
Holdings,
Inc.(a)
2,090
6,249
Cohen
&
Steers,
Inc.
896
72,280
DigitalBridge
Group,
Inc.
6,043
96,144
Donnelley
Financial
Solutions,
Inc.*
783
37,819
GCM
Grosvenor,
Inc.,
Class
a
A
1,864
25,705
Gemini
Space
Station,
Inc.,
Class
a
A*
1,286
5,787
Innventure,
Inc.(a)
1,757
2,267
Marex
Group
Ltd.
1,956
141,771
MarketWise,
Inc.
76
1,368
Miami
International
Holdings,
Inc.*
2,403
103,017
Moelis
&
Co.,
Class
a
A
2,368
161,190
Patria
Investments
Ltd.,
Class
a
A
2,048
23,224
Perella
Weinberg
Partners,
Class
a
A
2,204
36,653
Piper
Sandler
Cos.
2,220
166,633
PJT
Partners,
Inc.,
Class
a
A
778
140,343
Ridgepost
Capital,
Inc.,
Class
a
A
1,892
16,271
SHARPLINK,
Inc.(a)
5,905
50,960
Silvercrest
Asset
Management
Group,
Inc.,
Class
a
A
202
2,028
StepStone
Group,
Inc.,
Class
a
A
2,443
127,671
StoneX
Group,
Inc.*
3,432
235,023
Value
Line,
Inc.
19
703
Victory
Capital
Holdings,
Inc.,
Class
a
A
1,354
159,786
Virtus
Investment
Partners,
Inc.
192
31,776
Wealthfront
Corp.*
1,153
10,619
Webull
Corp.*
10,558
100,090
Westwood
Holdings
Group,
Inc.
224
4,339
WisdomTree,
Inc.
4,286
103,121
2,193,341
Chemicals
—
0.7%
AdvanSix,
Inc.
845
14,205
Alto
Ingredients,
Inc.*
2,322
9,195
Ashland,
Inc.
1,463
107,282
ASP
Isotopes,
Inc.(a)
3,653
14,685
Aspen
Aerogels,
Inc.*
2,137
10,535
Investments
Shares
Value
Common
Stocks
(continued)
Avient
Corp.
2,938
$
129,448
Balchem
Corp.
1,028
180,815
Cabot
Corp.
1,645
136,058
Chemours
Co.
(The)
4,825
75,077
Core
Molding
Technologies,
Inc.*
254
6,363
Ecovyst,
Inc.*
3,462
35,209
Flotek
Industries,
Inc.*
454
10,769
FMC
Corp.
3,988
45,982
Hawkins,
Inc.
621
74,688
HB
Fuller
Co.
1,755
96,437
Huntsman
Corp.
5,276
50,544
Ingevity
Corp.*
1,123
77,813
Innospec,
Inc.
786
73,774
Intrepid
Potash,
Inc.*
360
13,921
Koppers
Holdings,
Inc.
567
26,008
Kronos
Worldwide,
Inc.
687
6,059
LSB
Industries,
Inc.*
1,885
20,113
Mativ
Holdings,
Inc.
1,729
20,558
Minerals
Technologies,
Inc.
992
70,353
Orion
SA
1,763
11,001
Perimeter
Solutions,
Inc.*
4,782
145,851
PureCycle
Technologies,
Inc.(a)
4,580
29,907
Quaker
Chemical
Corp.
443
73,449
Rayonier
Advanced
Materials,
Inc.*
1,951
16,759
Sensient
Technologies
Corp.
1,356
182,979
Stepan
Co.
694
43,451
Tronox
Holdings
plc
3,732
19,742
Valhi,
Inc.
67
1,252
1,830,282
Commercial
Services
&
Supplies
—
0.6%
ABM
Industries,
Inc.
1,859
86,685
ACCO
Brands
Corp.
2,891
12,374
ACV
Auctions,
Inc.,
Class
a
A*
5,368
37,737
BrightView
Holdings,
Inc.*
2,234
24,820
Brink's
Co.
(The)
1,309
142,589
Casella
Waste
Systems,
Inc.,
Class
a
A*
2,010
185,423
Cimpress
plc*
540
48,119
Civeo
Corp.*
319
10,664
CompX
International,
Inc.
39
1,241
CoreCivic,
Inc.*
3,092
102,716
Deluxe
Corp.
1,409
32,548
Ennis,
Inc.
784
16,731
Enviri
Corp.*
822
18,314
GEO
Group,
Inc.
(The)*
4,018
127,813
Healthcare
Services
Group,
Inc.*
2,186
48,070
HNI
Corp.
2,274
110,130
Interface,
Inc.,
Class
a
A
1,833
69,507
LanzaTech
Global,
Inc.*
41
260
Liquidity
Services,
Inc.*
753
31,385
MillerKnoll,
Inc.
2,168
48,975
NLI
Holdings,
Inc.
260
1,734
Onterris,
Inc.*
1,077
18,008
OPENLANE,
Inc.*
3,354
119,402
Perma-Fix
Environmental
Services,
Inc.*
552
10,019
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
88
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Pitney
Bowes,
Inc.
4,583
$
78,507
Quad/Graphics,
Inc.
936
9,416
UniFirst
Corp.
468
129,449
Vestis
Corp.*
2,916
36,479
1,559,115
Communications
Equipment
—
0.4%
ADTRAN
Holdings,
Inc.*
2,416
18,724
Aviat
Networks,
Inc.*
375
7,474
BK
Technologies
Corp.*
98
7,092
Calix,
Inc.*
1,861
70,941
Clearfield,
Inc.*
355
10,298
Digi
International,
Inc.*
1,185
88,804
Extreme
Networks,
Inc.*
4,079
91,737
Harmonic,
Inc.*
3,491
41,822
Inseego
Corp.(a)
383
1,601
KVH
Industries,
Inc.*
386
2,918
Lantronix,
Inc.*
1,120
5,936
NETGEAR,
Inc.*
836
17,690
NetScout
Systems,
Inc.*
2,245
87,173
Ondas,
Inc.(a)
15,325
117,313
Ribbon
Communications,
Inc.*
2,940
5,851
Viasat,
Inc.*
3,982
267,869
Vistance
Networks,
Inc.
6,990
44,107
887,350
Construction
&
Engineering
—
0.6%
Ameresco,
Inc.,
Class
a
A*
1,028
22,739
Arcosa,
Inc.
1,550
225,215
Argan,
Inc.
432
183,596
Bowman
Consulting
Group
Ltd.,
Class
a
A*
453
19,293
Cardinal
Infrastructure
Group,
Inc.,
Class
a
A(a)
536
19,821
Centuri
Holdings,
Inc.*
2,787
56,883
Concrete
Pumping
Holdings,
Inc.*
664
5,996
Construction
Partners,
Inc.,
Class
a
A*
1,523
161,743
Fluor
Corp.*
4,505
245,568
Granite
Construction,
Inc.
1,397
168,422
INNOVATE
Corp.*
167
1,243
Legence
Corp.,
Class
a
A*
1,848
98,997
Limbach
Holdings,
Inc.*
361
14,880
Matrix
Service
Co.*
855
9,243
MYR
Group,
Inc.*
492
143,379
NWPX
Infrastructure,
Inc.*
295
32,426
Orion
Group
Holdings,
Inc.*
1,235
11,609
Shimmick
Corp.*
168
593
Tutor
Perini
Corp.
1,439
127,380
1,549,026
Construction
Materials
—
0.1%
Knife
River
Corp.*
1,824
114,365
Smith-Midland
Corp.*
86
2,260
Titan
America
SA
788
11,757
United
States
Lime
&
Minerals,
Inc.
353
41,700
170,082
Investments
Shares
Value
Common
Stocks
(continued)
Consumer
Finance
—
0.5%
Atlanticus
Holdings
Corp.*
165
$
14,928
Bread
Financial
Holdings,
Inc.
1,281
133,826
Consumer
Portfolio
Services,
Inc.*
295
2,723
Dave,
Inc.*
326
117,203
Encore
Capital
Group,
Inc.*
658
63,833
Enova
International,
Inc.*
763
172,987
FirstCash
Holdings,
Inc.
1,296
277,953
Green
Dot
Corp.,
Class
a
A*
1,728
22,965
Happen,
Inc.*
3,598
63,253
Jefferson
Capital,
Inc.
713
14,837
LendingTree,
Inc.*
349
9,786
Medallion
Financial
Corp.
535
6,324
Navient
Corp.
2,014
19,153
Nelnet,
Inc.,
Class
a
A
475
59,503
NerdWallet,
Inc.,
Class
a
A*
1,036
10,236
Oportun
Financial
Corp.*
1,308
9,614
OppFi,
Inc.*
817
5,662
PRA
Group,
Inc.*
1,209
22,753
PROG
Holdings,
Inc.
1,247
47,548
Regional
Management
Corp.
275
8,825
Upstart
Holdings,
Inc.*
2,692
77,207
World
Acceptance
Corp.*
67
12,315
1,173,434
Consumer
Staples
Distribution
&
Retail
—
0.2%
Andersons,
Inc.
(The)
1,060
68,762
Chefs'
Warehouse,
Inc.
(The)*
1,172
131,815
Grocery
Outlet
Holding
Corp.*
2,972
35,515
Ingles
Markets,
Inc.,
Class
a
A
475
38,855
Natural
Grocers
by
Vitamin
Cottage,
Inc.
421
11,523
PriceSmart,
Inc.
827
140,598
United
Natural
Foods,
Inc.*
1,922
84,299
Village
Super
Market,
Inc.,
Class
a
A
284
12,292
Weis
Markets,
Inc.
390
27,709
Yesway,
Inc.,
Class
a
A*
501
12,480
563,848
Containers
&
Packaging
—
0.1%
Ardagh
Metal
Packaging
SA
4,446
22,586
Greif,
Inc.,
Class
a
A
771
63,800
Greif,
Inc.,
Class
a
B
148
15,635
Myers
Industries,
Inc.
1,186
38,059
O-I
Glass,
Inc.*
4,887
35,528
Ranpak
Holdings
Corp.,
Class
a
A*
1,533
7,282
TriMas
Corp.
864
33,506
216,396
Distributors
—
0.0%(b)
GigaCloud
Technology,
Inc.,
Class
a
A*
805
39,067
Gold.
Com,
Inc.
629
28,286
Weyco
Group,
Inc.
198
8,864
76,217
AUGUST
31,
2026
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
89
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Diversified
Consumer
Services
—
0.5%
American
Public
Education,
Inc.*
571
$
26,066
Carriage
Services,
Inc.,
Class
a
A
441
14,840
Coursera,
Inc.*
6,920
45,118
Covista,
Inc.*
1,088
143,975
Driven
Brands
Holdings,
Inc.*
1,912
23,747
Frontdoor,
Inc.*
2,247
181,715
Graham
Holdings
Co.,
Class
a
B
108
121,920
KinderCare
Learning
Cos.,
Inc.*
969
2,442
Laureate
Education,
Inc.*
3,839
144,078
Lincoln
Educational
Services
Corp.*
947
23,827
Matthews
International
Corp.,
Class
a
A
949
19,711
McGraw
Hill,
Inc.*
787
10,333
OneSpaWorld
Holdings
Ltd.
3,151
78,239
Perdoceo
Education
Corp.
2,001
66,513
Phoenix
Education
Partners,
Inc.(a)
177
5,153
Strategic
Education,
Inc.
686
56,828
Stride,
Inc.*
1,332
115,471
Universal
Technical
Institute,
Inc.*
1,508
31,864
1,111,840
Diversified
REITs
—
0.2%
AH
Realty
Trust,
Inc.,
REIT
2,415
15,649
Alpine
Income
Property
Trust,
Inc.,
REIT
487
9,477
American
Assets
Trust,
Inc.,
REIT
1,560
35,037
Broadstone
Net
Lease,
Inc.,
REIT
6,115
127,559
CTO
Realty
Growth,
Inc.,
REIT
1,064
22,706
Essential
Properties
Realty
Trust,
Inc.,
REIT
6,930
207,900
Gladstone
Commercial
Corp.,
REIT
1,542
20,000
Global
Net
Lease,
Inc.,
REIT
6,055
55,585
NexPoint
Diversified
Real
Estate
Trust,
REIT
1,210
6,425
500,338
Diversified
Telecommunication
Services
—
0.2%
Anterix,
Inc.*
355
32,266
ATN
International,
Inc.
326
9,835
Bandwidth,
Inc.,
Class
a
A*
937
45,379
Cogent
Communications
Holdings,
Inc.
1,551
14,797
IDT
Corp.,
Class
a
B
520
35,474
Liberty
Capital
Corp.,
Class
a
A*
117
3,124
Liberty
Capital
Corp.,
Class
a
C*
1,058
27,540
Liberty
Latin
America
Ltd.,
Class
a
A*
972
8,369
Liberty
Latin
America
Ltd.,
Class
a
C*
4,082
34,901
Lumen
Technologies,
Inc.*
30,549
190,931
Shenandoah
Telecommunications
Co.
1,585
19,606
Investments
Shares
Value
Common
Stocks
(continued)
Uniti
Group,
Inc.*
5,368
$
53,251
475,473
Electric
Utilities
—
0.3%
Genie
Energy
Ltd.,
Class
a
B
655
9,720
Hawaiian
Electric
Industries,
Inc.*
5,216
58,524
MGE
Energy,
Inc.
1,186
92,140
Otter
Tail
Corp.
1,228
111,097
Portland
General
Electric
Co.
3,706
181,075
TXNM
Energy,
Inc.
3,274
188,615
641,171
Electrical
Equipment
—
0.4%
Allient,
Inc.
473
44,467
American
Superconductor
Corp.*
1,483
42,577
Amprius
Technologies,
Inc.*
4,321
42,691
Array
Technologies,
Inc.*
4,845
21,415
Atkore,
Inc.
1,076
100,810
Babcock
&
Wilcox
Enterprises,
Inc.*
4,209
31,736
ChargePoint
Holdings,
Inc.*
752
4,136
Energous
Corp.*
170
1,884
Energy
Vault
Holdings,
Inc.(a)
4,353
14,800
EnerSys
1,172
215,484
Enovix
Corp.(a)
6,232
21,064
Eos
Energy
Enterprises,
Inc.(a)
10,828
34,866
Espey
Mfg.
&
Electronics
Corp.
81
5,071
Fluence
Energy,
Inc.*
2,754
29,771
FuelCell
Energy,
Inc.*
1,709
29,446
GrafTech
International
Ltd.*
540
3,888
Hyliion
Holdings
Corp.*
4,015
13,932
LSI
Industries,
Inc.
1,059
20,746
NANO
Nuclear
Energy,
Inc.*
1,370
25,057
Net
Power,
Inc.*
1,331
2,369
NuScale
Power
Corp.,
Class
a
A*
10,221
94,749
Plug
Power,
Inc.(a)
42,983
92,843
Power
Solutions
International,
Inc.*
267
9,695
Preformed
Line
Products
Co.
69
27,659
SES
AI
Corp.(a)
7,916
4,114
Shoals
Technologies
Group,
Inc.,
Class
a
A*
5,361
37,098
Sunrun,
Inc.*
7,343
62,930
Tigo
Energy,
Inc.*
1,210
1,295
1,036,593
Electronic
Equipment,
Instruments
&
Components
—
1.0%
908
Devices,
Inc.*
907
9,678
ADI
Global
Distribution,
Inc.*
2,159
47,217
Aeva
Technologies,
Inc.*
872
13,656
Arlo
Technologies,
Inc.*
3,402
44,736
Badger
Meter,
Inc.
939
127,206
Bel
Fuse,
Inc.,
Class
a
A
47
9,624
Bel
Fuse,
Inc.,
Class
a
B
386
96,220
Belden,
Inc.
1,242
142,159
Benchmark
Electronics,
Inc.
1,129
79,346
Climb
Global
Solutions,
Inc.
526
15,007
Crane
NXT
Co.
1,581
77,311
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
90
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
CTS
Corp.
904
$
51,049
Daktronics,
Inc.*
1,244
24,295
ePlus,
Inc.
835
73,455
Evolv
Technologies
Holdings,
Inc.*
5,160
26,884
Forward
Industries,
Inc.(a)
1,951
12,369
Frequency
Electronics,
Inc.*
213
12,833
Insight
Enterprises,
Inc.*
908
142,574
Itron,
Inc.*
1,394
135,232
Kimball
Electronics,
Inc.*
753
17,786
Knowles
Corp.*
2,700
92,286
LightPath
Technologies,
Inc.,
Class
a
A*
1,738
17,484
Lightwave
Logic,
Inc.(a)
5,051
27,427
Methode
Electronics,
Inc.
1,098
20,017
Mirion
Technologies,
Inc.,
Class
a
A*
7,608
114,653
M-Tron
Industries,
Inc.*
138
10,510
Napco
Security
Technologies,
Inc.
1,089
39,465
nLight,
Inc.*
1,758
74,311
Novanta,
Inc.*
1,143
167,129
OSI
Systems,
Inc.*
512
106,450
Ouster,
Inc.*
1,971
67,881
PC
Connection,
Inc.
355
28,354
Plexus
Corp.*
843
201,873
Powerfleet,
Inc.*
4,019
12,057
RF
Industries
Ltd.*
254
2,677
Richardson
Electronics
Ltd.
382
6,616
Rogers
Corp.*
568
71,324
ScanSource,
Inc.*
685
39,107
SmartRent,
Inc.,
Class
a
A*
5,372
7,145
Syntec
Optics
Holdings,
Inc.(a)
225
1,843
Unusual
Machines,
Inc.(a)
1,431
33,872
Vishay
Intertechnology,
Inc.
4,320
131,458
Vishay
Precision
Group,
Inc.*
386
23,859
Vuzix
Corp.*
2,184
5,700
2,462,135
Energy
Equipment
&
Services
—
1.0%
Archrock,
Inc.
5,491
173,076
Atlas
Energy
Solutions,
Inc.,
Class
a
A(a)
2,604
34,112
Borr
Drilling
Ltd.*
7,502
33,609
Bristow
Group,
Inc.,
Class
a
A
834
37,855
Cactus,
Inc.,
Class
a
A
2,214
155,688
Core
Laboratories,
Inc.
1,456
18,098
Energy
Services
of
America
Corp.
446
5,196
Expro
Ltd.*
2,611
47,311
Flowco
Holdings,
Inc.,
Class
a
A
1,130
24,792
Forum
Energy
Technologies,
Inc.*
335
27,460
Helix
Energy
Solutions
Group,
Inc.*
4,426
45,588
Helmerich
&
Payne,
Inc.
3,087
134,531
HMH
Holding,
Inc.,
Class
a
A*
326
6,279
Innovex
International,
Inc.*
1,442
44,226
Kodiak
Gas
Services,
Inc.
3,176
186,654
Liberty
Energy,
Inc.,
Class
a
A
5,065
99,831
Investments
Shares
Value
Common
Stocks
(continued)
Nabors
Industries
Ltd.*
443
$
41,483
National
Energy
Services
Reunited
Corp.*
1,933
67,868
Natural
Gas
Services
Group,
Inc.
374
13,165
Noble
Corp.
plc
4,046
185,428
Oceaneering
International,
Inc.*
3,159
163,510
Oil
States
International,
Inc.*
1,800
15,876
Patterson-UTI
Energy,
Inc.
11,050
139,672
ProFrac
Holding
Corp.,
Class
a
A*
900
4,590
ProPetro
Holding
Corp.*
3,147
35,750
Ranger
Energy
Services,
Inc.,
Class
a
A
599
10,003
RPC,
Inc.
3,215
20,994
SEACOR
Marine
Holdings,
Inc.*
694
6,628
Seadrill
Ltd.*
2,002
97,537
Select
Water
Solutions,
Inc.,
Class
a
A
3,585
69,907
Smart
Sand,
Inc.
945
4,980
Solaris
Energy
Infrastructure,
Inc.,
Class
a
A(a)
1,675
85,040
TETRA
Technologies,
Inc.*
4,094
28,249
Tidewater,
Inc.*
1,572
146,385
Transocean
Ltd.*
30,923
179,663
Valaris
Ltd.*
1,805
155,898
2,546,932
Entertainment
—
0.3%
AMC
Entertainment
Holdings,
Inc.,
Class
a
A*
19,562
51,644
Atlanta
Braves
Holdings,
Inc.,
Class
a
A*
213
11,717
Atlanta
Braves
Holdings,
Inc.,
Class
a
C*
1,560
77,345
Cinemark
Holdings,
Inc.
3,346
119,151
CuriosityStream,
Inc.
1,313
3,519
IMAX
Corp.*
1,451
74,291
Lionsgate
Studios
Corp.*
6,249
70,801
Madison
Square
Garden
Entertainment
Corp.,
Class
a
A*
1,247
96,879
Marcus
Corp.
(The)
716
20,356
Meridian
Holdings,
Inc.*
1
14
Playtika
Holding
Corp.
1,773
4,025
Reservoir
Media,
Inc.*
617
5,960
Sphere
Entertainment
Co.*
876
119,399
Starz
Entertainment
Corp.*
390
10,325
Stubhub
Holdings,
Inc.,
Class
a
A*
7,014
44,749
710,175
Financial
Services
—
0.9%
Acacia
Research
Corp.*
1,094
4,857
Alerus
Financial
Corp.
753
24,774
Better
Home
&
Finance
Holding
Co.(a)
255
3,529
Bladex,
Inc.,
Class
a
E
933
50,307
Burford
Capital
Ltd.
6,419
26,639
Cannae
Holdings,
Inc.
1,251
19,516
Cass
Information
Systems,
Inc.
363
20,368
Compass
Diversified
Holdings*
2,141
24,750
AUGUST
31,
2026
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
91
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Dlocal
Ltd.,
Class
a
A
2,856
$
42,355
Enact
Holdings,
Inc.
876
42,223
Essent
Group
Ltd.
2,871
193,965
EVERTEC,
Inc.
1,960
58,075
Federal
Agricultural
Mortgage
Corp.,
Class
a
C
289
63,551
Finance
of
America
Cos.,
Inc.,
Class
a
A*
121
2,148
Flywire
Corp.*
3,773
71,272
HA
Sustainable
Infrastructure
Capital,
Inc.
4,044
159,940
International
Money
Express,
Inc.*
873
12,632
Jackson
Financial,
Inc.,
Class
a
A
2,079
277,401
loanDepot,
Inc.,
Class
a
A*
3,584
3,385
Marqeta,
Inc.,
Class
a
A*
2,750
45,155
Merchants
Bancorp
792
41,691
NCR
Atleos
Corp.*
2,326
106,810
NewtekOne,
Inc.
804
9,479
NMI
Holdings,
Inc.,
Class
a
A*
2,414
107,061
Onity
Group,
Inc.*
226
7,738
Pagseguro
Digital
Ltd.,
Class
a
A
5,245
47,310
Paymentus
Holdings,
Inc.,
Class
a
A*
1,867
66,465
Payoneer
Global,
Inc.*
8,584
61,032
Paysafe
Ltd.*
762
4,907
Paysign,
Inc.*
1,400
17,444
PennyMac
Financial
Services,
Inc.
937
68,504
Priority
Technology
Holdings,
Inc.*
1,081
5,740
Radian
Group,
Inc.
4,295
154,019
Remitly
Global,
Inc.*
5,968
159,584
Repay
Holdings
Corp.,
Class
a
A*
2,049
7,356
Security
National
Financial
Corp.,
Class
a
A*
533
4,637
Sezzle,
Inc.(a)
510
61,481
StoneCo
Ltd.,
Class
a
A
7,290
70,713
Velocity
Financial,
Inc.*
380
6,821
Walker
&
Dunlop,
Inc.
1,055
42,759
Waterstone
Financial,
Inc.
474
9,935
2,208,328
Food
Products
—
0.2%
Alico,
Inc.
184
7,310
B&G
Foods,
Inc.(a)
2,473
8,581
BRC,
Inc.,
Class
a
A(a)
244
1,962
Cal-Maine
Foods,
Inc.
1,370
108,120
Del
Monte
Corp.
1,046
33,137
Dole
plc
2,471
34,223
Flowers
Foods,
Inc.
6,003
41,541
Forafric
Global
plc*
170
1,851
J
&
J
Snack
Foods
Corp.
470
41,445
John
B
Sanfilippo
&
Son,
Inc.
264
19,454
Lifeway
Foods,
Inc.*
175
4,555
Limoneira
Co.
531
7,307
Mama's
Creations,
Inc.*
1,185
19,233
Marzetti
Co.
(The)
628
70,744
Mission
Produce,
Inc.*
1,801
22,909
Once
Upon
a
Farm
PBC(a)
414
7,171
Investments
Shares
Value
Common
Stocks
(continued)
Seneca
Foods
Corp.,
Class
a
A*
134
$
26,571
Simply
Good
Foods
Co.
(The)*
2,643
30,262
Utz
Brands,
Inc.
2,324
33,001
Vital
Farms,
Inc.*
1,149
12,271
Westrock
Coffee
Co.(a)
1,179
9,185
540,833
Gas
Utilities
—
0.4%
Brookfield
Infrastructure
Corp.,
Class
a
A
3,966
151,581
Chesapeake
Utilities
Corp.
761
101,624
New
Jersey
Resources
Corp.
3,233
172,448
Northwest
Natural
Holding
Co.
1,347
66,097
ONE
Gas,
Inc.
2,002
158,699
RGC
Resources,
Inc.
262
5,609
Southwest
Gas
Holdings,
Inc.
2,324
205,279
Spire,
Inc.
1,862
152,386
1,013,723
Ground
Transportation
—
0.2%
ArcBest
Corp.
701
96,717
Covenant
Logistics
Group,
Inc.,
Class
a
A
483
17,074
FTAI
Infrastructure,
Inc.(a)
3,460
12,041
Heartland
Express,
Inc.
1,216
15,030
Hertz
Global
Holdings,
Inc.(a)
4,039
9,168
Marten
Transport
Ltd.
1,864
26,879
PAMT
Corp.*
156
1,892
Proficient
Auto
Logistics,
Inc.*
781
3,936
RXO,
Inc.*
5,271
112,009
Universal
Logistics
Holdings,
Inc.(a)
233
4,352
Werner
Enterprises,
Inc.
1,910
74,834
373,932
Health
Care
Equipment
&
Supplies
—
1.2%
Acme
United
Corp.
98
6,107
Alphatec
Holdings,
Inc.*
3,898
36,524
AngioDynamics,
Inc.*
1,169
18,856
Anteris
Technologies
Global
Corp.*
2,572
22,145
Artivion,
Inc.*
1,432
38,650
AtriCure,
Inc.*
1,569
75,861
Axogen,
Inc.*
1,649
83,703
Beta
Bionics,
Inc.*
1,272
25,376
Bioventus,
Inc.,
Class
a
A*
1,511
20,625
Butterfly
Network,
Inc.*
6,611
52,161
CapsoVision,
Inc.(a)
1,090
6,366
Carlsmed,
Inc.*
258
4,203
Ceribell,
Inc.*
869
20,839
Cerus
Corp.*
6,246
16,489
ClearPoint
Neuro,
Inc.*
881
13,338
CONMED
Corp.
972
48,454
CVRx,
Inc.(a)
474
1,403
Delcath
Systems,
Inc.*
905
14,896
DENTSPLY
SIRONA,
Inc.
6,428
71,801
Electromed,
Inc.*
206
5,762
Embecta
Corp.
1,881
9,668
Enovis
Corp.*
1,833
45,073
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
92
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Establishment
Labs
Holdings,
Inc.*
843
$
58,445
Glaukos
Corp.*
1,811
325,183
Haemonetics
Corp.*
1,483
152,853
Hyperfine,
Inc.,
Class
a
A*
2,459
2,027
ICU
Medical,
Inc.*
783
135,420
Inogen,
Inc.*
784
4,210
Inspire
Medical
Systems,
Inc.*
904
56,943
Integer
Holdings
Corp.*
1,079
135,145
Integra
LifeSciences
Holdings
Corp.*
2,150
36,378
iRadimed
Corp.
260
22,459
IRhythm
Holdings,
Inc.*
1,037
123,341
Kestra
Medical
Technologies
Ltd.*
842
21,682
KORU
Medical
Systems,
Inc.*
1,418
4,679
Lantheus
Holdings,
Inc.*
2,049
206,867
LeMaitre
Vascular,
Inc.
695
55,795
LivaNova
plc*
1,768
141,104
Lucid
Diagnostics,
Inc.*
4,662
4,562
Merit
Medical
Systems,
Inc.*
1,882
170,622
MiniMed
Group,
Inc.*
906
18,356
Neogen
Corp.*
6,960
80,458
NeuroPace,
Inc.*
834
12,218
Novocure
Ltd.*
3,360
59,304
Omnicell,
Inc.*
1,429
50,244
OraSure
Technologies,
Inc.*
2,060
7,395
Orchestra
BioMed
Holdings,
Inc.*
1,246
6,280
Orthofix
Medical,
Inc.*
1,269
11,916
OrthoPediatrics
Corp.*
556
12,960
Procept
Biorobotics
Corp.*
1,767
37,460
Pro-Dex,
Inc.*
68
4,223
Pulse
Biosciences,
Inc.*
580
29,191
QuidelOrtho
Corp.*
2,168
31,284
RxSight,
Inc.*
1,247
9,141
Sanara
Medtech,
Inc.*
116
4,046
Senseonics
Holdings,
Inc.*
1,238
11,427
Shoulder
Innovations,
Inc.*
325
6,812
SI-BONE,
Inc.*
1,381
26,267
Sight
Sciences,
Inc.*
1,241
10,548
STAAR
Surgical
Co.*
1,058
23,900
Stereotaxis,
Inc.*
2,143
3,086
Strive,
Inc.,
Class
a
A(a)
1,995
48,319
Tactile
Systems
Technology,
Inc.*
719
16,523
Tandem
Diabetes
Care,
Inc.*
2,196
48,334
TransMedics
Group,
Inc.*
1,079
91,575
UFP
Technologies,
Inc.*
235
70,018
Utah
Medical
Products,
Inc.
98
6,971
Varex
Imaging
Corp.*
1,329
24,573
3,058,844
Health
Care
Providers
&
Services
—
1.2%
Acadia
Healthcare
Co.,
Inc.*
2,920
80,475
Accendra
Health,
Inc.*
2,264
2,739
AdaptHealth
Corp.,
Class
a
A*
3,232
18,067
Addus
HomeCare
Corp.*
588
67,426
agilon
health,
Inc.*
385
33,838
AirSculpt
Technologies,
Inc.*
300
756
Investments
Shares
Value
Common
Stocks
(continued)
Alignment
Healthcare,
Inc.*
6,413
$
85,934
AMN
Healthcare
Services,
Inc.*
1,242
42,576
Ardent
Health,
Inc.*
742
8,028
Astrana
Health,
Inc.*
1,426
54,345
Aveanna
Healthcare
Holdings,
Inc.*
2,455
32,946
BrightSpring
Health
Services,
Inc.*
5,125
299,300
Brookdale
Senior
Living,
Inc.*
7,530
88,779
Castle
Biosciences,
Inc.*
931
30,751
Clover
Health
Investments
Corp.,
Class
a
A*
13,206
54,805
Community
Health
Systems,
Inc.*
4,078
11,908
Concentra
Group
Holdings
Parent,
Inc.
3,708
125,108
CorVel
Corp.*
933
64,265
Fulgent
Genetics,
Inc.*
604
11,699
GeneDx
Holdings
Corp.,
Class
a
A*
630
53,430
Guardian
Pharmacy
Services,
Inc.,
Class
a
A*
571
21,178
HealthEquity,
Inc.*
2,660
256,796
Hims
&
Hers
Health,
Inc.*
6,789
200,819
Hinge
Health,
Inc.,
Class
a
A*
1,306
120,883
InfuSystem
Holdings,
Inc.*
599
7,278
Innovage
Holding
Corp.*
692
7,474
LifeStance
Health
Group,
Inc.*
6,007
74,246
Lumexa
Imaging
Holdings,
Inc.*
601
7,014
National
HealthCare
Corp.
414
89,643
NeoGenomics,
Inc.*
4,138
74,112
NRC
Health
374
7,832
Nutex
Health,
Inc.(a)
160
30,202
Omada
Health,
Inc.*
1,118
27,447
OPKO
Health,
Inc.*
12,649
18,594
Option
Care
Health,
Inc.*
5,013
117,555
PACS
Group,
Inc.*
1,461
61,815
Pediatrix
Medical
Group,
Inc.*
2,612
68,513
Pennant
Group,
Inc.
(The)*
1,069
39,296
Privia
Health
Group,
Inc.*
3,800
77,862
Progyny,
Inc.*
2,145
54,891
RadNet,
Inc.*
2,243
170,064
SBC
Medical
Group
Holdings,
Inc.*
597
2,400
Sonida
Senior
Living,
Inc.*
908
34,050
Starling
Oncology,
Inc.*
2,403
14,202
Strata
Critical
Medical,
Inc.*
2,140
12,112
Surgery
Partners,
Inc.*
2,512
34,892
U.S.
Physical
Therapy,
Inc.
480
37,315
Viemed
Healthcare,
Inc.*
1,067
9,432
2,845,092
Health
Care
REITs
—
0.3%
CareTrust
REIT,
Inc.
7,136
277,947
Chiron
Real
Estate,
Inc.,
REIT
402
14,673
Community
Healthcare
Trust,
Inc.,
REIT
875
12,871
Diversified
Healthcare
Trust,
REIT
7,008
53,051
LTC
Properties,
Inc.,
REIT
1,558
62,819
AUGUST
31,
2026
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
93
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
National
Health
Investors,
Inc.,
REIT
1,521
$
108,158
National
Healthcare
Properties,
Inc.,
Class
a
A,
REIT
1,433
23,014
Sabra
Health
Care
REIT,
Inc.
8,027
163,670
Strawberry
Fields
REIT,
Inc.
258
3,480
Universal
Health
Realty
Income
Trust,
REIT
420
17,212
736,895
Health
Care
Technology
—
0.2%
Certara,
Inc.*
3,653
30,283
Claritev
Corp.(a)
305
12,148
Evolent
Health,
Inc.,
Class
a
A*
3,594
16,173
HealthStream,
Inc.
754
21,904
HeartFlow,
Inc.*
2,521
127,033
LifeMD,
Inc.*
1,262
3,900
Phreesia,
Inc.*
1,560
19,048
Schrodinger,
Inc.*
1,821
35,509
Simulations
Plus,
Inc.(a)
530
9,752
Teladoc
Health,
Inc.*
5,720
36,265
Waystar
Holding
Corp.*
3,519
92,127
404,142
Hotel
&
Resort
REITs
—
0.3%
Apple
Hospitality
REIT,
Inc.
6,910
110,214
Braemar
Hotels
&
Resorts,
Inc.,
REIT
1,853
3,743
Chatham
Lodging
Trust,
REIT
1,424
18,555
DiamondRock
Hospitality
Co.,
REIT
6,499
80,003
Park
Hotels
&
Resorts,
Inc.,
REIT
5,927
90,683
Pebblebrook
Hotel
Trust,
REIT
3,559
64,489
RLJ
Lodging
Trust,
REIT
3,923
43,310
Ryman
Hospitality
Properties,
Inc.,
REIT
2,132
270,252
Service
Properties
Trust,
REIT
3,683
28,727
Summit
Hotel
Properties,
Inc.,
REIT
3,278
19,176
Sunstone
Hotel
Investors,
Inc.,
REIT
5,733
64,038
Xenia
Hotels
&
Resorts,
Inc.,
REIT
2,945
55,219
848,409
Hotels,
Restaurants
&
Leisure
—
0.8%
Accel
Entertainment,
Inc.,
Class
a
A*
1,637
19,055
Bally's
Corp.(a)
325
2,912
Biglari
Holdings,
Inc.,
Class
a
A*
2
3,915
Biglari
Holdings,
Inc.,
Class
a
B*
16
6,216
BJ's
Restaurants,
Inc.*
600
38,154
Black
Rock
Coffee
Bar,
Inc.,
Class
a
A*
557
5,319
Bloomin'
Brands,
Inc.*
2,703
27,841
Brightstar
Lottery
plc
3,085
34,768
Brinker
International,
Inc.*
1,370
313,045
Cheesecake
Factory,
Inc.
(The)
1,488
162,921
Cracker
Barrel
Old
Country
Store,
Inc.(a)
718
39,662
Investments
Shares
Value
Common
Stocks
(continued)
Dave
&
Buster's
Entertainment,
Inc.*
853
$
7,651
Dine
Brands
Global,
Inc.
392
12,967
El
Pollo
Loco
Holdings,
Inc.*
908
13,865
First
Watch
Restaurant
Group,
Inc.*
1,953
24,764
Genius
Sports
Ltd.*
7,486
55,546
Global
Business
Travel
Group
I*
3,976
37,613
Hilton
Grand
Vacations,
Inc.*
1,782
75,575
Inspired
Entertainment,
Inc.*
790
4,606
Jack
in
the
Box,
Inc.(a)
567
9,361
Krispy
Kreme,
Inc.*
2,523
8,629
Kura
Sushi
USA,
Inc.,
Class
a
A*
218
9,954
Life
Time
Group
Holdings,
Inc.*
4,598
193,208
Lindblad
Expeditions
Holdings,
Inc.*
1,574
41,805
Marriott
Vacations
Worldwide
Corp.
881
91,853
Monarch
Casino
&
Resort,
Inc.
383
46,132
Nathan's
Famous,
Inc.
92
9,003
Navan,
Inc.,
Class
a
A*
3,278
95,259
Papa
John's
International,
Inc.
(a)
1,040
24,419
Penn
Entertainment,
Inc.*
4,060
67,843
Portillo's,
Inc.,
Class
a
A*
2,109
9,638
Pursuit
Attractions
and
Hospitality,
Inc.*
665
31,920
RCI
Hospitality
Holdings,
Inc.
212
6,176
Red
Rock
Resorts,
Inc.,
Class
a
A
1,516
85,139
Rush
Street
Interactive,
Inc.*
3,193
82,252
Sabre
Corp.*
10,704
23,228
Serve
Robotics,
Inc.*
2,248
10,948
Shake
Shack,
Inc.,
Class
a
A*
1,245
85,768
Six
Flags
Entertainment
Corp.*
3,042
45,782
Super
Group
SGHC
Ltd.
5,153
69,772
Sweetgreen,
Inc.,
Class
a
A*
3,337
23,225
Target
Hospitality
Corp.*
1,275
23,613
United
Parks
&
Resorts,
Inc.*
626
25,046
Venu
Holding
Corp.*
1,510
2,899
Wendy's
Co.
(The)(a)
5,105
42,371
Xponential
Fitness,
Inc.,
Class
a
A*
1,123
6,120
2,057,758
Household
Durables
—
0.6%
Beazer
Homes
USA,
Inc.*
786
26,080
Cavco
Industries,
Inc.*
247
138,105
Century
Communities,
Inc.
802
54,175
Champion
Homes,
Inc.*
1,752
156,401
Cricut,
Inc.,
Class
a
A
1,571
9,269
Dream
Finders
Homes,
Inc.,
Class
a
A*
892
12,533
Ethan
Allen
Interiors,
Inc.
754
17,832
Flexsteel
Industries,
Inc.
112
8,909
GoPro,
Inc.,
Class
a
A(a)
4,230
3,706
Green
Brick
Partners,
Inc.*
969
69,981
Hamilton
Beach
Brands
Holding
Co.,
Class
a
A
238
7,476
Helen
of
Troy
Ltd.*
733
22,063
Hovnanian
Enterprises,
Inc.,
Class
a
A*
147
18,247
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
94
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Installed
Building
Products,
Inc.
753
$
182,851
KB
Home
1,923
102,496
La-Z-Boy,
Inc.
1,267
40,088
Legacy
Housing
Corp.*
285
8,017
LGI
Homes,
Inc.*
662
37,032
Lifetime
Brands,
Inc.
382
3,610
Lovesac
Co.
(The)*
440
6,862
M/I
Homes,
Inc.*
815
121,280
Meritage
Homes
Corp.
2,096
145,525
Newell
Brands,
Inc.
13,507
84,419
Sonos,
Inc.*
3,819
59,576
XMAX,
Inc.(a)
1,920
17,222
1,353,755
Household
Products
—
0.1%
Central
Garden
&
Pet
Co.*
265
11,390
Central
Garden
&
Pet
Co.,
Class
a
A*
1,585
58,978
Energizer
Holdings,
Inc.
1,956
42,602
Oil-Dri
Corp.
of
America
320
28,793
Spectrum
Brands
Holdings,
Inc.
720
62,143
WD-40
Co.
431
92,299
296,205
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
Hallador
Energy
Co.*
1,109
18,387
Montauk
Renewables,
Inc.*
2,151
3,700
Ormat
Technologies,
Inc.
1,973
201,246
223,333
Industrial
Conglomerates
—
0.0%(b)
Brookfield
Business
Corp.,
Class
a
A
2,197
60,176
Industrial
REITs
—
0.2%
Industrial
Logistics
Properties
Trust,
REIT
1,786
14,744
Innovative
Industrial
Properties,
Inc.,
REIT
910
51,797
LXP
Industrial
Trust,
REIT
1,851
112,374
One
Liberty
Properties,
Inc.,
REIT
558
13,353
Terreno
Realty
Corp.,
REIT
3,362
222,598
414,866
Insurance
—
0.9%
Abacus
Global
Management,
Inc.
875
8,400
Accelerant
Holdings,
Class
a
A*
1,922
37,921
American
Coastal
Insurance
Corp.
785
7,434
American
Integrity
Insurance
Group,
Inc.
390
10,140
AMERISAFE,
Inc.
602
15,676
Ategrity
Specialty
Holdings
LLC*
291
7,645
Baldwin
Insurance
Group,
Inc.
(The),
Class
a
A*
3,078
94,956
Bowhead
Specialty
Holdings,
Inc.*
569
19,073
Investments
Shares
Value
Common
Stocks
(continued)
Citizens,
Inc.,
Class
a
A*
1,442
$
5,422
CNO
Financial
Group,
Inc.
2,943
161,247
Crawford
&
Co.,
Class
a
A
510
6,691
Donegal
Group,
Inc.,
Class
a
A
536
10,248
Employers
Holdings,
Inc.
588
28,865
Exzeo
Group,
Inc.*
267
4,480
F&G
Annuities
&
Life,
Inc.
1,119
26,632
Genworth
Financial,
Inc.,
Class
a
A*
12,121
120,483
Goosehead
Insurance,
Inc.,
Class
a
A*
734
50,389
Greenlight
Capital
Re
Ltd.,
Class
a
A*
824
12,492
Hamilton
Insurance
Group
Ltd.,
Class
a
B
1,461
51,369
HCI
Group,
Inc.
352
65,377
Heritage
Insurance
Holdings,
Inc.*
786
26,425
Hippo
Holdings,
Inc.*
598
19,656
Horace
Mann
Educators
Corp.
1,273
64,783
Investors
Title
Co.
57
16,781
James
River
Group
Holdings,
Inc.
1,179
4,728
Kemper
Corp.
1,878
52,922
Kingstone
Cos.,
Inc.
364
7,153
Kingsway
Corp.*
683
7,042
Lemonade,
Inc.*
2,260
118,040
MBIA,
Inc.*
1,461
7,057
Mercury
General
Corp.
854
87,074
Neptune
Insurance
Holdings,
Inc.,
Class
a
A*
1,197
39,872
NI
Holdings,
Inc.*
212
3,180
Octave
Specialty
Group,
Inc.*
1,301
5,672
Oscar
Health,
Inc.,
Class
a
A*
7,566
226,677
Palomar
Holdings,
Inc.
840
111,359
Pelagos
Insurance
Capital
Ltd.
1,381
33,710
Porch
Group,
Inc.*
3,068
52,125
Root,
Inc.,
Class
a
A*
409
22,695
Safety
Insurance
Group,
Inc.
463
48,032
Selective
Insurance
Group,
Inc.
1,915
174,820
SiriusPoint
Ltd.*
3,336
80,698
Skyward
Specialty
Insurance
Group,
Inc.*
1,311
75,265
Slide
Insurance
Holdings,
Inc.
2,076
48,267
Stewart
Information
Services
Corp.
969
66,522
Tiptree,
Inc.,
Class
a
A
745
13,797
Trupanion,
Inc.*
1,060
30,899
United
Fire
Group,
Inc.
686
36,955
Universal
Insurance
Holdings,
Inc.
796
34,212
2,261,358
Interactive
Media
&
Services
—
0.2%
Angi,
Inc.,
Class
a
A*
926
4,306
Bumble,
Inc.,
Class
a
A(a)
3,183
8,721
Cargurus,
Inc.,
Class
a
A*
2,367
84,407
Cars.com,
Inc.*
1,433
16,766
EverQuote,
Inc.,
Class
a
A*
885
22,514
fuboTV,
Inc.,
Class
a
A(a)
910
9,582
Grindr,
Inc.*
822
12,725
AUGUST
31,
2026
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
95
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
MediaAlpha,
Inc.,
Class
a
A*
968
$
12,216
Nextdoor
Holdings,
Inc.*
7,363
16,567
QuinStreet,
Inc.*
1,739
33,806
RUM
Group,
Inc.*
3,560
31,898
Shutterstock,
Inc.
809
4,482
Taboola.com
Ltd.*
4,011
14,961
TripAdvisor,
Inc.*
3,590
34,177
Trump
Media
&
Technology
Group
Corp.*
5,124
50,061
Webtoon
Entertainment,
Inc.(a)
665
7,009
WeShop
Holdings
Ltd.,
Class
a
A(a)
54
272
Yelp,
Inc.,
Class
a
A*
1,677
37,481
Ziff
Davis,
Inc.*
1,089
60,058
ZipRecruiter,
Inc.,
Class
a
A*
2,060
8,776
ZoomInfo
Technologies,
Inc.,
Class
a
A*
7,729
32,771
503,556
IT
Services
—
0.2%
Backblaze,
Inc.,
Class
a
A*
1,841
26,013
BigBear.ai
Holdings,
Inc.(a)
15,350
48,046
Brand
Engagement
Network,
Inc.*
132
1,486
Commerce.com,
Inc.,
Series
1*
2,388
5,755
Crexendo,
Inc.*
576
3,537
DXC
Technology
Co.*
5,402
61,043
Everforth,
Inc.*
1,276
41,368
Fastly,
Inc.,
Class
a
A*
4,810
109,620
Globant
SA*
1,360
55,366
Grid
Dynamics
Holdings,
Inc.*
2,078
16,582
Hackett
Group,
Inc.
(The)
705
7,903
Information
Services
Group,
Inc.
1,104
5,652
Rackspace
Technology,
Inc.(a)
2,887
9,036
SharonAI
Holdings,
Inc.(a)
142
7,790
TSS,
Inc.*
768
6,044
Tucows,
Inc.,
Class
a
A*
221
2,338
Unisys
Corp.*
2,055
5,549
Whitefiber,
Inc.(a)
349
6,603
419,731
Leisure
Products
—
0.2%
Acushnet
Holdings
Corp.
872
75,332
Callaway
Golf
Co.*
4,437
69,705
Escalade,
Inc.
260
5,242
Funko,
Inc.,
Class
a
A*
1,336
8,978
JAKKS
Pacific,
Inc.
291
7,307
Johnson
Outdoors,
Inc.,
Class
a
A
195
8,775
Latham
Group,
Inc.*
1,626
11,496
Malibu
Boats,
Inc.,
Class
a
A*
631
17,012
MasterCraft
Boat
Holdings,
Inc.*
575
13,386
Peloton
Interactive,
Inc.,
Class
a
A*
12,825
68,742
Polaris,
Inc.
1,718
110,880
Smith
&
Wesson
Brands,
Inc.
1,402
17,833
Sturm
Ruger
&
Co.,
Inc.
441
16,745
Investments
Shares
Value
Common
Stocks
(continued)
Tron,
Inc.*
1,618
$
2,831
434,264
Life
Sciences
Tools
&
Services
—
0.3%
10X
Genomics,
Inc.,
Class
a
A*
3,741
233,626
Adaptive
Biotechnologies
Corp.*
4,846
120,762
Alamar
Biosciences,
Inc.*
410
12,521
Alpha
Teknova,
Inc.(a)
360
2,585
Azenta,
Inc.*
1,321
43,131
BioLife
Solutions,
Inc.*
1,333
49,414
Codexis,
Inc.*
2,715
4,616
CryoPort,
Inc.*
1,549
24,784
Cytek
Biosciences,
Inc.*
3,822
18,269
Fortrea
Holdings,
Inc.*
3,035
55,753
Ginkgo
Bioworks
Holdings,
Inc.*
1,490
10,147
Lifecore
Biomedical,
Inc.*
885
3,947
Maravai
LifeSciences
Holdings,
Inc.,
Class
a
A*
3,543
27,069
Mesa
Laboratories,
Inc.
176
22,505
Nautilus
Biotechnology,
Inc.,
Class
a
A*
1,558
1,515
OmniAb,
Inc.*
3,457
15,142
Pacific
Biosciences
of
California,
Inc.*
8,860
12,005
Personalis,
Inc.(a)
2,130
35,741
Quanterix
Corp.*
1,332
3,556
697,088
Machinery
—
1.2%
3D
Systems
Corp.*
4,559
14,954
Aebi
Schmidt
Holding
AG
1,182
14,952
AirJoule
Technologies
Corp.(a)
1,027
4,652
Alamo
Group,
Inc.
330
54,312
Albany
International
Corp.,
Class
a
A
901
49,943
Alliance
Laundry
Holdings,
Inc.*
2,002
45,866
Astec
Industries,
Inc.
725
30,849
Atmus
Filtration
Technologies,
Inc.
2,623
123,884
Blue
Bird
Corp.*
996
57,917
CECO
Environmental
Corp.*
1,656
117,907
Columbus
McKinnon
Corp.
908
16,035
Commercial
Vehicle
Group,
Inc.*
971
3,010
Douglas
Dynamics,
Inc.
731
30,022
Elmet
Group
Co.
(The)*
315
5,169
Energy
Recovery,
Inc.*
1,642
12,660
Enerpac
Tool
Group
Corp.,
Class
a
A
1,639
61,168
Enpro,
Inc.
677
200,541
ESCO
Technologies,
Inc.
834
227,707
Federal
Signal
Corp.
1,922
224,874
Franklin
Electric
Co.,
Inc.
1,208
120,909
FreightCar
America,
Inc.*
471
3,245
Gencor
Industries,
Inc.*
323
5,995
Gorman-Rupp
Co.
(The)
668
50,367
Graham
Corp.*
335
29,215
Greenbrier
Cos.,
Inc.
(The)
962
43,357
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
96
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Helios
Technologies,
Inc.
1,051
$
76,744
Hillman
Solutions
Corp.*
6,270
48,279
Hyster-Yale,
Inc.
352
11,919
JBT
Marel
Corp.
1,668
194,939
Kadant,
Inc.
384
114,870
Kennametal,
Inc.
2,439
71,560
L
B
Foster
Co.,
Class
a
A*
314
11,778
Lindsay
Corp.
320
36,771
Luxfer
Holdings
plc
845
14,517
Manitowoc
Co.,
Inc.
(The)*
1,118
21,712
Mayville
Engineering
Co.,
Inc.*
460
8,906
Microvast
Holdings,
Inc.*
6,640
4,768
Miller
Industries,
Inc.
354
19,831
Mueller
Water
Products,
Inc.,
Class
a
A
4,937
119,179
Omega
Flex,
Inc.
106
2,824
Palladyne
AI
Corp.(a)
1,137
6,492
Park-Ohio
Holdings
Corp.
324
14,622
Perma-Pipe
International
Holdings,
Inc.*
224
6,144
Proto
Labs,
Inc.*
751
60,125
Richtech
Robotics,
Inc.,
Class
a
B(a)
5,876
10,988
Standex
International
Corp.
384
111,230
Taylor
Devices,
Inc.*
109
6,542
Tennant
Co.
572
39,811
Terex
Corp.
3,623
230,097
Titan
International,
Inc.*
1,670
12,007
Trinity
Industries,
Inc.
2,537
73,116
Twin
Disc,
Inc.
359
8,239
Velo3D,
Inc.(a)
518
6,169
Wabash
National
Corp.
1,243
16,768
Worthington
Enterprises,
Inc.
983
56,464
2,966,921
Marine
Transportation
—
0.1%
Costamare
Bulkers
Holdings
Ltd.*
262
5,363
Costamare,
Inc.
1,419
21,682
Genco
Shipping
&
Trading
Ltd.
1,024
26,860
Himalaya
Shipping
Ltd.
937
15,685
Matson,
Inc.
961
216,043
Pangaea
Logistics
Solutions
Ltd.
1,117
9,070
Safe
Bulkers,
Inc.
1,741
15,025
309,728
Media
—
0.2%
Advantage
Solutions,
Inc.(a)
146
4,814
AMC
Global
Media,
Inc.,
Class
a
A(a)
999
12,577
Boston
Omaha
Corp.,
Class
a
A*
690
9,515
Cable
One,
Inc.*
171
4,682
Clear
Channel
Outdoor
Holdings,
Inc.*
12,285
29,115
DoubleVerify
Holdings,
Inc.*
4,434
59,416
Entravision
Communications
Corp.,
Class
a
A
2,012
16,076
EW
Scripps
Co.
(The),
Class
a
A*
1,815
6,008
GD
Culture
Group
Ltd.*
1
1
Investments
Shares
Value
Common
Stocks
(continued)
Gray
Media,
Inc.
2,783
$
13,581
Ibotta,
Inc.,
Class
a
A*
315
11,721
iHeartMedia,
Inc.,
Class
a
A*
3,864
10,510
John
Wiley
&
Sons,
Inc.,
Class
a
A
1,242
65,068
Lee
Enterprises,
Inc.(a)
201
1,608
Magnite,
Inc.*
4,534
106,504
MNTN,
Inc.,
Class
a
A*
1,471
19,344
National
CineMedia,
Inc.
2,094
5,277
Newsmax,
Inc.,
Class
a
B*
1,513
16,280
Nexxen
International
Ltd.*
952
9,282
Optimum
Communications,
Inc.,
Class
a
A*
8,370
8,141
PubMatic,
Inc.,
Class
a
A*
1,225
20,372
Scholastic
Corp.
470
18,048
Sinclair,
Inc.
1,332
18,781
Stagwell,
Inc.,
Class
a
A*
3,279
28,462
TechTarget,
Inc.*
961
3,719
USA
Today
Co.,
Inc.*
4,311
27,116
526,018
Metals
&
Mining
—
0.8%
Alpha
Metallurgical
Resources,
Inc.*
335
78,959
American
Battery
Technology
Co.(a)
4,067
10,981
Ampco-Pittsburgh
Corp.*
500
4,290
Caledonia
Mining
Corp.
plc
533
13,490
Century
Aluminum
Co.*
2,200
100,694
Commercial
Metals
Co.
3,545
239,181
Compass
Minerals
International,
Inc.*
1,004
24,959
Constellium
SE,
Class
a
A*
4,261
112,618
Contango
Silver
&
Gold,
Inc.*
824
16,068
Critical
Metals
Corp.(a)
2,133
15,379
Dakota
Gold
Corp.*
3,669
22,308
Elemental
Royalty
Corp.
1,126
24,232
Ferroglobe
plc
3,802
15,626
Friedman
Industries,
Inc.
215
9,299
Hycroft
Mining
Holding
Corp.,
Class
a
A*
1,711
40,089
Idaho
Strategic
Resources,
Inc.*
476
15,489
Ivanhoe
Electric,
Inc.*
3,809
42,128
Kaiser
Aluminum
Corp.
518
82,248
Lifezone
Metals
Ltd.*
1,221
5,653
Materion
Corp.
662
156,285
McEwen,
Inc.*
1,646
33,183
Metallus,
Inc.*
1,153
22,507
NioCorp
Developments
Ltd.*
4,503
18,868
Novagold
Resources,
Inc.*
10,954
94,204
Perpetua
Resources
Corp.*
2,701
67,363
Ramaco
Resources,
Inc.,
Class
a
A*
1,374
19,566
Ramaco
Resources,
Inc.,
Class
a
B*
226
1,709
REalloys,
Inc.(a)
1,790
18,526
Ryerson
Holding
Corp.
1,424
35,685
Silver
Bow
Mining
Corp.*
180
1,586
SSR
Mining,
Inc.
6,932
260,713
SunCoke
Energy,
Inc.
2,706
27,953
AUGUST
31,
2026
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
97
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Tredegar
Corp.*
876
$
6,736
U.S.
Gold
Corp.*
443
7,004
U.S.
GoldMining,
Inc.(a)
94
841
United
States
Antimony
Corp.
(a)
4,204
20,473
USA
Rare
Earth,
Inc.*
6,101
108,720
Vista
Gold
Corp.*
4,538
9,893
Vox
Royalty
Corp.
1,955
10,743
Warrior
Met
Coal,
Inc.
1,669
180,653
Worthington
Steel,
Inc.
1,052
36,241
2,013,143
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.3%
ACRES
Commercial
Realty
Corp.*
180
2,507
Adamas
Trust,
Inc.
2,682
26,123
Angel
Oak
Mortgage
REIT,
Inc.
534
4,432
Arbor
Realty
Trust,
Inc.(a)
6,029
30,205
Ares
Commercial
Real
Estate
Corp.
1,676
7,659
ARMOUR
Residential
REIT,
Inc.
3,991
64,734
Blackstone
Mortgage
Trust,
Inc.,
Class
a
A
5,073
70,515
BrightSpire
Capital,
Inc.,
Class
a
A
3,872
18,392
Chicago
Atlantic
Real
Estate
Finance,
Inc.
600
6,528
Chimera
Investment
Corp.
2,645
30,312
Claros
Mortgage
Trust,
Inc.*
3,024
4,808
Dynex
Capital,
Inc.
6,892
88,838
Ellington
Financial,
Inc.
3,919
52,436
Franklin
BSP
Realty
Trust,
Inc.
2,442
20,440
Invesco
Mortgage
Capital,
Inc.
(a)
2,864
20,936
KKR
Real
Estate
Finance
Trust,
Inc.
1,700
12,954
Ladder
Capital
Corp.,
Class
a
A(a)
3,604
35,319
MFA
Financial,
Inc.
3,215
28,356
Nexpoint
Real
Estate
Finance,
Inc.
234
4,032
Orchid
Island
Capital,
Inc.(a)
6,465
42,604
PennyMac
Mortgage
Investment
Trust
2,786
25,966
Ready
Capital
Corp.
4,564
8,078
Redwood
Trust,
Inc.
3,960
18,295
Seven
Hills
Realty
Trust(a)
699
5,292
TPG
Mortgage
Investment
Trust,
Inc.
934
6,286
TPG
RE
Finance
Trust,
Inc.
2,229
17,230
653,277
Multi-Utilities
—
0.2%
Avista
Corp.
2,635
97,917
Black
Hills
Corp.
2,448
175,473
Northwestern
Energy
Group,
Inc.
1,972
136,383
Unitil
Corp.
571
30,571
440,344
Investments
Shares
Value
Common
Stocks
(continued)
Office
REITs
—
0.2%
Brandywine
Realty
Trust,
REIT
5,332
$
16,103
COPT
Defense
Properties,
REIT
3,651
131,436
Douglas
Emmett,
Inc.,
REIT
5,211
60,239
Easterly
Government
Properties,
Inc.,
Class
a
A,
REIT
1,394
34,195
Empire
State
Realty
Trust,
Inc.,
Class
a
A,
REIT
4,527
20,507
Hudson
Pacific
Properties,
Inc.,
REIT*
1,679
21,105
JBG
SMITH
Properties,
REIT(a)
1,893
22,811
NET
Lease
Office
Properties,
REIT
479
5,470
Orion
Properties,
Inc.,
REIT
1,685
4,802
Piedmont
Realty
Trust,
Inc.,
Class
a
A,
REIT*
3,987
38,156
Postal
Realty
Trust,
Inc.,
Class
a
A,
REIT(a)
845
19,815
SL
Green
Realty
Corp.,
REIT
2,294
128,418
503,057
Oil,
Gas
&
Consumable
Fuels
—
1.7%
Aemetis,
Inc.*
2,033
3,802
American
Resources
Corp.(a)
2,785
6,573
Amplify
Energy
Corp.*
1,125
5,535
Ardmore
Shipping
Corp.
1,117
19,425
BKV
Corp.*
1,023
24,716
California
Resources
Corp.
2,305
122,234
Calumet,
Inc.*
2,168
107,815
Centrus
Energy
Corp.,
Class
a
A(a)
588
100,783
Clean
Energy
Fuels
Corp.*
5,152
8,192
CNX
Resources
Corp.*
4,344
158,035
Comstock
Resources,
Inc.*
2,234
32,237
Comstock,
Inc.*
2,319
7,676
Core
Natural
Resources,
Inc.
1,601
163,782
Crescent
Energy
Co.,
Class
a
A
8,166
111,793
CVR
Energy,
Inc.
935
39,139
Delek
US
Holdings,
Inc.
1,920
142,733
DHT
Holdings,
Inc.
4,629
90,728
Diversified
Energy
Co.
2,227
33,160
Dorian
LPG
Ltd.
1,185
59,297
Encore
Energy
Corp.(a)
6,123
7,654
Energy
Fuels,
Inc.(a)
8,167
120,463
Epsilon
Energy
Ltd.
637
3,968
Evolution
Petroleum
Corp.
1,007
3,726
Excelerate
Energy,
Inc.,
Class
a
A
753
29,834
FLEX
LNG
Ltd.(a)
1,000
31,660
FutureFuel
Corp.
809
4,263
Gevo,
Inc.*
7,502
12,453
Golar
LNG
Ltd.
3,094
159,310
Granite
Ridge
Resources,
Inc.
1,765
8,878
Green
Plains,
Inc.*
2,182
31,530
Gulfport
Energy
Corp.*
507
90,981
HighPeak
Energy,
Inc.
722
5,913
Infinity
Natural
Resources,
Inc.,
Class
a
A(a)
531
8,199
International
Seaways,
Inc.
1,327
130,895
Kinetik
Holdings,
Inc.,
Class
a
A
1,620
88,825
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
98
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Kolibri
Global
Energy,
Inc.*
926
$
5,584
Kosmos
Energy
Ltd.*
18,679
53,422
Lightbridge
Corp.*
1,078
8,117
Magnolia
Oil
&
Gas
Corp.,
Class
a
A
6,902
185,319
Murphy
Oil
Corp.
4,354
158,573
NACCO
Industries,
Inc.,
Class
a
A
135
5,777
Navigator
Holdings
Ltd.
1,165
25,758
New
Era
Energy
&
Digital,
Inc.(a)
2,517
11,943
NextDecade
Corp.*
5,297
39,939
Nordic
American
Tankers
Ltd.
6,468
44,176
Northern
Oil
&
Gas,
Inc.
3,315
86,223
OPAL
Fuels,
Inc.,
Class
a
A*
686
1,365
Par
Pacific
Holdings,
Inc.*
1,540
123,077
PBF
Energy,
Inc.,
Class
a
A
3,103
226,488
Peabody
Energy
Corp.
3,901
115,821
PEDEVCO
Corp.*
38
517
PrimeEnergy
Resources
Corp.*
11
2,322
REX
American
Resources
Corp.*
923
37,917
Riley
Exploration
Permian,
Inc.
471
18,383
Ring
Energy,
Inc.*
6,018
8,846
Sable
Offshore
Corp.(a)
4,201
20,291
SandRidge
Energy,
Inc.
1,012
14,289
Scorpio
Tankers,
Inc.
1,460
115,136
SFL
Corp.
Ltd.
3,904
48,605
SM
Energy
Co.
7,659
284,762
Summit
Midstream
Corp.*
286
9,961
Talos
Energy,
Inc.*
4,018
69,351
Teekay
Corp.
Ltd.
1,771
23,306
Teekay
Tankers
Ltd.,
Class
a
A
775
69,471
Uranium
Energy
Corp.*
15,535
190,148
Ur-Energy,
Inc.*
11,956
16,978
VAALCO
Energy,
Inc.
3,275
19,453
Vitesse
Energy,
Inc.(a)
1,015
17,752
W&T
Offshore,
Inc.
3,073
11,401
World
Kinect
Corp.
1,580
56,485
4,103,163
Paper
&
Forest
Products
—
0.0%(b)
Clearwater
Paper
Corp.*
501
10,516
Magnera
Corp.*
1,065
13,376
Sylvamo
Corp.
1,057
37,968
61,860
Passenger
Airlines
—
0.2%
Allegiant
Travel
Co.*
766
58,254
flyExclusive,
Inc.*
445
521
Frontier
Group
Holdings,
Inc.*
1,863
10,619
JetBlue
Airways
Corp.*
10,707
49,252
Joby
Aviation,
Inc.*
21,288
145,610
Republic
Airways
Holdings,
Inc.*
438
7,625
SkyWest,
Inc.*
1,260
119,272
Wheels
Up
Experience,
Inc.,
Class
a
A*
161
712
391,865
Investments
Shares
Value
Common
Stocks
(continued)
Personal
Care
Products
—
0.1%
BellRing
Brands,
Inc.*
3,728
$
40,150
Coty,
Inc.,
Class
a
A*
11,361
32,379
Edgewell
Personal
Care
Co.
1,488
42,735
Herbalife
Ltd.*
3,221
35,399
Honest
Co.,
Inc.
(The)*
3,019
17,269
Interparfums,
Inc.
581
68,227
Nature's
Sunshine
Products,
Inc.*
463
6,551
Niagen
Bioscience,
Inc.*
1,818
5,690
Nu
Skin
Enterprises,
Inc.,
Class
a
A
1,530
7,176
Oddity
Tech
Ltd.,
Class
a
A(a)
1,270
18,288
USANA
Health
Sciences,
Inc.*
361
5,148
279,012
Pharmaceuticals
—
1.2%
Aclaris
Therapeutics,
Inc.*
3,719
22,500
Alto
Neuroscience,
Inc.*
817
28,906
Alumis,
Inc.*
2,476
54,002
Amneal
Pharmaceuticals,
Inc.*
5,368
93,779
Amphastar
Pharmaceuticals,
Inc.*
1,015
22,868
Amylyx
Pharmaceuticals,
Inc.*
3,222
108,743
AN2
Therapeutics,
Inc.*
833
4,623
ANI
Pharmaceuticals,
Inc.*
645
47,246
Aquestive
Therapeutics,
Inc.(a)
3,392
17,333
Arvinas,
Inc.*
1,863
17,140
AtaiBeckley,
Inc.*
10,062
73,855
Atea
Pharmaceuticals,
Inc.*
2,229
11,925
Avalyn
Pharma,
Inc.*
541
18,789
BioAge
Labs,
Inc.*
1,101
10,460
Collegium
Pharmaceutical,
Inc.*
1,028
25,299
Context
Therapeutics,
Inc.*
2,923
1,139
Contineum
Therapeutics,
Inc.,
Class
a
A*
846
13,739
CorMedix,
Inc.(a)
2,339
19,320
Crinetics
Pharmaceuticals,
Inc.*
3,251
276,173
Definium
Therapeutics,
Inc.*
4,083
162,177
Edgewise
Therapeutics,
Inc.*
2,247
93,857
Enliven
Therapeutics,
Inc.*
1,342
77,688
Eton
Pharmaceuticals,
Inc.*
845
51,072
Evolus,
Inc.*
1,859
16,898
EyePoint,
Inc.*
2,430
10,935
Fulcrum
Therapeutics,
Inc.*
1,864
7,251
Harmony
Biosciences
Holdings,
Inc.*
1,423
56,038
Harrow,
Inc.*
1,020
37,648
Indivior
Pharmaceuticals,
Inc.*
3,768
131,616
Innoviva,
Inc.*
2,372
49,266
LB
Pharmaceuticals,
Inc.*
701
33,129
LENZ
Therapeutics,
Inc.*
642
3,345
Lexicon
Pharmaceuticals,
Inc.*
7,809
17,570
Ligand
Pharmaceuticals,
Inc.*
629
178,699
Liquidia
Corp.*
2,214
150,928
Maze
Therapeutics,
Inc.*
1,109
29,466
MBX
Biosciences,
Inc.*
969
59,690
MediWound
Ltd.(a)
328
4,136
Nektar
Therapeutics*
1,089
77,733
AUGUST
31,
2026
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
99
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Neumora
Therapeutics,
Inc.*
3,219
$
4,281
Nuvation
Bio,
Inc.*
7,915
52,714
Ocular
Therapeutix,
Inc.*
6,465
67,818
Omeros
Corp.(a)
2,261
42,484
Oramed
Pharmaceuticals,
Inc.
1,064
5,341
Pacira
BioSciences,
Inc.*
1,244
32,220
Perrigo
Co.
plc
4,416
64,650
Phathom
Pharmaceuticals,
Inc.*
1,544
14,776
Phibro
Animal
Health
Corp.,
Class
a
A
660
24,908
Prestige
Consumer
Healthcare,
Inc.*
1,506
77,981
Rapport
Therapeutics,
Inc.*
970
47,210
Relmada
Therapeutics,
Inc.*
2,970
12,949
Septerna,
Inc.*
688
26,247
SIGA
Technologies,
Inc.
1,331
4,179
SpyGlass
Pharma,
Inc.*
355
9,266
Supernus
Pharmaceuticals,
Inc.*
1,766
78,075
Tarsus
Pharmaceuticals,
Inc.*
1,312
97,403
Theravance
Biopharma,
Inc.*
1,273
21,692
Third
Harmonic
Bio,
Inc.*‡
2,542
—
Trevi
Therapeutics,
Inc.*
3,370
55,942
VeraDermics,
Inc.*
689
67,805
Wave
Life
Sciences,
Inc.*
4,327
21,202
Xeris
Biopharma
Holdings,
Inc.*
5,386
45,458
Zevra
Therapeutics,
Inc.*
1,847
21,684
3,013,266
Professional
Services
—
0.6%
Asure
Software,
Inc.*
763
6,959
Barrett
Business
Services,
Inc.
753
25,903
BlackSky
Technology,
Inc.*
1,058
24,440
CBIZ,
Inc.*
1,545
84,187
Clarivate
plc*
10,990
22,529
Concentrix
Corp.
1,336
40,214
Conduent,
Inc.*
4,513
7,762
CRA
International,
Inc.
204
35,598
Exponent,
Inc.
1,550
110,065
Falcon's
Beyond
Global,
Inc.,
Class
a
A(a)
872
7,796
First
Advantage
Corp.*
2,507
52,697
Franklin
Covey
Co.*
286
5,820
HireQuest,
Inc.
167
2,665
Huron
Consulting
Group,
Inc.*
519
82,983
IBEX
Holdings
Ltd.*
316
12,153
ICF
International,
Inc.
568
50,609
Innodata,
Inc.*
999
56,364
Insperity,
Inc.
1,155
61,619
Kelly
Services,
Inc.,
Class
a
A
935
16,082
Kforce,
Inc.
539
31,036
Korn
Ferry
1,657
141,756
Legalzoom.com,
Inc.*
3,777
23,531
ManpowerGroup,
Inc.
1,471
92,599
Maximus,
Inc.
1,728
99,827
Mistras
Group,
Inc.*
558
10,468
Public
Policy
Holding
Co.,
Inc.
(c)
140
1,518
RCM
Technologies,
Inc.*
137
5,699
Investments
Shares
Value
Common
Stocks
(continued)
Resolute
Holdings
Management,
Inc.*
128
$
17,347
Spire
Global,
Inc.*
958
12,713
TIC
Solutions,
Inc.*
5,695
54,046
TriNet
Group,
Inc.
873
61,363
TrueBlue,
Inc.*
909
9,535
Upwork,
Inc.*
3,781
34,142
Verra
Mobility
Corp.,
Class
a
A*
4,826
21,379
Willdan
Group,
Inc.*
460
40,457
1,363,861
Real
Estate
Investment
Trusts
(REITs)
—
0.0%(b)
Highwoods
Properties,
Inc.
3,510
107,406
Real
Estate
Management
&
Development
—
0.3%
AGNT,
Inc.
2,970
12,236
American
Realty
Investors,
Inc.*
51
765
Compass,
Inc.,
Class
a
A*
22,580
238,445
Comstock
Holding
Cos.,
Inc.,
Class
a
A*
105
2,075
Cushman
&
Wakefield
Ltd.*
7,499
101,162
Douglas
Elliman,
Inc.*
2,298
4,251
Forestar
Group,
Inc.*
626
17,697
FRP
Holdings,
Inc.*
372
8,236
Marcus
&
Millichap,
Inc.
716
22,669
Maui
Land
&
Pineapple
Co.,
Inc.*
192
3,041
Newmark
Group,
Inc.,
Class
a
A
4,971
75,708
Opendoor
Technologies,
Inc.*
29,587
94,678
Real
REMAX
Group,
Inc.(a)
793
15,051
RMR
Group,
Inc.
(The),
Class
a
A
500
9,660
Seaport
Entertainment
Group,
Inc.*
233
6,126
St
Joe
Co.
(The)
1,217
80,444
Tejon
Ranch
Co.*
673
10,822
Transcontinental
Realty
Investors,
Inc.*
40
1,459
704,525
Residential
REITs
—
0.1%
BRT
Apartments
Corp.,
REIT
321
4,597
Centerspace,
REIT
536
28,134
Independence
Realty
Trust,
Inc.,
REIT
7,540
121,997
NexPoint
Residential
Trust,
Inc.,
REIT
745
17,664
UMH
Properties,
Inc.,
REIT
2,584
42,507
214,899
Retail
REITs
—
0.5%
Acadia
Realty
Trust,
REIT
4,295
87,919
Alexander's,
Inc.,
REIT
73
19,831
CBL
&
Associates
Properties,
Inc.,
REIT
590
32,267
Curbline
Properties
Corp.,
REIT
3,108
92,712
FrontView
REIT,
Inc.
677
13,066
Getty
Realty
Corp.,
REIT
1,831
59,361
InvenTrust
Properties
Corp.,
REIT
2,487
80,355
Kite
Realty
Group
Trust,
REIT
6,499
167,674
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
100
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
Macerich
Co.
(The),
REIT
8,976
$
212,013
NETSTREIT
Corp.,
REIT(a)
3,117
63,462
Phillips
Edison
&
Co.,
Inc.,
REIT
4,043
156,262
Saul
Centers,
Inc.,
REIT
410
13,370
SITE
Centers
Corp.,
REIT
1,606
4,738
Tanger,
Inc.,
REIT
3,605
135,944
Urban
Edge
Properties,
REIT
4,060
85,910
1,224,884
Semiconductors
&
Semiconductor
Equipment
—
1.0%
ACM
Research,
Inc.,
Class
a
A*
1,697
123,576
Aehr
Test
Systems*
970
76,892
Aeluma,
Inc.(a)
411
5,384
Alpha
&
Omega
Semiconductor
Ltd.*
784
19,333
Ambarella,
Inc.*
1,341
93,039
Ambiq
Micro,
Inc.*
584
34,053
Amtech
Systems,
Inc.*
366
5,351
Atomera,
Inc.(a)
1,207
5,021
Axcelis
Technologies,
Inc.*
988
113,946
AXT,
Inc.*
1,960
118,796
Blaize
Holdings,
Inc.(a)
2,700
1,317
Canadian
Solar,
Inc.(a)
1,537
18,951
CEVA,
Inc.*
876
23,696
Cohu,
Inc.*
1,462
67,398
Diodes,
Inc.*
1,448
131,478
Everspin
Technologies,
Inc.*
608
9,880
GSI
Technology,
Inc.*
996
5,518
Ichor
Holdings
Ltd.*
1,099
58,873
Impinj,
Inc.*
918
160,026
indie
Semiconductor,
Inc.,
Class
a
A(a)
6,731
25,006
inTEST
Corp.*
364
3,931
Kopin
Corp.*
5,507
24,451
Kulicke
&
Soffa
Industries,
Inc.
1,630
130,498
MaxLinear,
Inc.,
Class
a
A*
2,721
163,015
Navitas
Semiconductor
Corp.,
Class
a
A*
5,773
66,909
NVE
Corp.
156
15,619
PDF
Solutions,
Inc.*
1,035
46,037
Penguin
Solutions,
Inc.*
1,584
77,743
Photronics,
Inc.*
1,832
51,552
Power
Integrations,
Inc.
1,764
90,634
QuickLogic
Corp.*
518
5,558
Rigetti
Computing,
Inc.(a)
10,526
164,837
Silicon
Laboratories,
Inc.*
1,041
228,031
Synaptics,
Inc.*
1,217
117,708
T1
Energy,
Inc.(a)
5,630
25,053
Toyo
Co.
Ltd.*
261
1,099
Ultra
Clean
Holdings,
Inc.*
1,413
95,844
Veeco
Instruments,
Inc.*
1,887
83,594
Wolfspeed,
Inc.(a)
905
24,797
2,514,444
Software
—
2.5%
8x8,
Inc.*
4,384
8,242
A10
Networks,
Inc.
2,276
57,788
ACI
Worldwide,
Inc.*
3,228
171,988
Adeia,
Inc.
3,497
88,229
Agilysys,
Inc.*
826
96,155
Investments
Shares
Value
Common
Stocks
(continued)
Alarm.com
Holdings,
Inc.*
1,504
$
86,570
Alkami
Technology,
Inc.(a)
2,139
43,636
Amplitude,
Inc.,
Class
a
A*
3,031
42,737
Appian
Corp.,
Class
a
A*
1,249
53,644
Arteris,
Inc.*
1,096
23,980
Asana,
Inc.,
Class
a
A(a)
3,062
31,416
AvePoint,
Inc.*
5,331
74,207
Bit
Digital,
Inc.*
10,334
14,778
Bitdeer
Technologies
Group,
Class
a
A*
4,075
44,214
Blackbaud,
Inc.*
1,138
54,692
BlackLine,
Inc.*
1,562
51,890
Blend
Labs,
Inc.,
Class
a
A*
5,789
8,973
Box,
Inc.,
Class
a
A*
4,316
154,426
Braze,
Inc.,
Class
a
A*
3,006
102,324
C3.ai,
Inc.,
Class
a
A*
4,313
46,667
Cerence,
Inc.*
1,402
11,833
Cipher
Digital,
Inc.(a)
10,669
165,369
Cleanspark,
Inc.*
7,951
92,391
Clear
Secure,
Inc.,
Class
a
A
3,001
132,494
Commvault
Systems,
Inc.*
1,404
193,078
Consensus
Cloud
Solutions,
Inc.*
570
21,802
Core
Scientific,
Inc.*
9,860
160,718
CS
Disco,
Inc.*
892
3,907
Daily
Journal
Corp.*
51
31,770
Digimarc
Corp.*
415
2,482
Digital
Turbine,
Inc.*
3,549
38,187
Domo,
Inc.,
Class
a
B(a)
1,193
4,509
Duos
Technologies
Group,
Inc.*
830
7,702
D-Wave
Quantum,
Inc.*
11,600
199,520
eGain
Corp.*
526
3,924
EverCommerce,
Inc.(a)
440
3,903
Five9,
Inc.*
2,403
83,048
Freshworks,
Inc.,
Class
a
A*
6,740
93,821
Hut
8
Corp.*
3,247
255,344
I3
Verticals,
Inc.,
Class
a
A*
693
11,123
Intapp,
Inc.*
1,766
76,591
Intellicheck,
Inc.*
576
1,593
InterDigital,
Inc.
814
272,714
JFrog
Ltd.*
3,431
343,340
Kaltura,
Inc.*
2,877
4,546
Keel
Infrastructure
Corp.*
18,542
58,407
Life360,
Inc.(a)
600
25,716
LiveRamp
Holdings,
Inc.*
1,963
74,044
MARA
Holdings,
Inc.*
12,180
131,179
Mitek
Systems,
Inc.*
1,423
26,269
N-able,
Inc.*
2,245
8,935
nCino,
Inc.*
3,373
76,230
NCR
Voyix
Corp.*
4,434
37,157
NextNav,
Inc.*
3,192
50,657
OneSpan,
Inc.
1,175
19,411
Ooma,
Inc.*
814
18,429
PagerDuty,
Inc.*
2,573
36,382
PAR
Technology
Corp.*
1,315
24,722
Progress
Software
Corp.*
1,332
61,632
Q2
Holdings,
Inc.*
1,998
129,950
Qualys,
Inc.*
1,148
213,689
Rapid7,
Inc.*
2,095
28,199
Red
Violet,
Inc.*
353
25,825
AUGUST
31,
2026
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
101
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
ReposiTrak,
Inc.
382
$
3,060
Rimini
Street,
Inc.*
1,559
8,746
Riot
Platforms,
Inc.*
11,214
213,010
Roadzen,
Inc.*
1,448
2,042
ServiceTitan,
Inc.,
Class
a
A*
1,924
188,629
Silvaco
Group,
Inc.*
389
2,700
Soluna
Holdings,
Inc.(a)
3,289
3,552
SoundHound
AI,
Inc.,
Class
a
A(a)
12,568
89,987
Sprinklr,
Inc.,
Class
a
A*
3,487
28,628
Sprout
Social,
Inc.,
Class
a
A*
1,709
19,448
SPS
Commerce,
Inc.*
1,176
100,430
Telos
Corp.*
1,758
8,474
Tenable
Holdings,
Inc.*
3,618
138,027
Teradata
Corp.*
3,004
87,116
Thryv
Holdings,
Inc.*
1,056
2,017
Varonis
Systems,
Inc.,
Class
a
B*
3,584
156,872
Veritone,
Inc.*
2,643
2,098
Vertex,
Inc.,
Class
a
A*
2,290
32,426
Via
Transportation,
Inc.,
Class
a
A(a)
1,660
46,364
Viant
Technology,
Inc.,
Class
a
A*
541
6,968
Weave
Communications,
Inc.*
2,054
15,015
Workiva,
Inc.,
Class
a
A*
1,638
131,040
Xperi,
Inc.*
1,443
8,571
Yext,
Inc.*
2,725
18,448
ZenaTech,
Inc.*
1,363
2,385
Zeta
Global
Holdings
Corp.,
Class
a
A*
7,134
220,940
6,056,091
Specialized
REITs
—
0.1%
Farmland
Partners,
Inc.,
REIT
1,298
13,356
Four
Corners
Property
Trust,
Inc.,
REIT
3,493
86,906
Gladstone
Land
Corp.,
REIT(a)
1,279
11,741
Outfront
Media,
Inc.,
REIT
5,063
148,751
Safehold,
Inc.,
REIT
1,790
27,101
Smartstop
Self
Storage
REIT,
Inc.,
REIT
1,769
57,439
345,294
Specialty
Retail
—
0.8%
1-800-Flowers.com,
Inc.,
Class
a
A(a)
717
2,617
Abercrombie
&
Fitch
Co.,
Class
a
A*
1,397
199,883
Academy
Sports
&
Outdoors,
Inc.
2,045
87,853
Advance
Auto
Parts,
Inc.
1,931
81,450
American
Eagle
Outfitters,
Inc.
4,996
83,083
Arhaus,
Inc.,
Class
a
A
1,653
14,398
Arko
Corp.
2,330
10,625
ARKO
Petroleum
Corp.,
Class
a
A
380
6,897
Asbury
Automotive
Group,
Inc.*
620
131,068
Barnes
&
Noble
Education,
Inc.
526
6,365
Bob's
Discount
Furniture,
Inc.*
618
10,401
Boot
Barn
Holdings,
Inc.*
972
146,412
Buckle,
Inc.
(The)
1,029
43,835
Build-A-Bear
Workshop,
Inc.(a)
390
11,805
Investments
Shares
Value
Common
Stocks
(continued)
Caleres,
Inc.
1,050
$
12,789
Camping
World
Holdings,
Inc.,
Class
a
A
1,934
12,494
Citi
Trends,
Inc.*
161
10,958
Designer
Brands,
Inc.,
Class
a
A
1,092
5,973
Envela
Corp.*
219
3,022
EVgo,
Inc.,
Class
a
A(a)
4,291
5,750
Genesco,
Inc.*
301
10,074
Group
1
Automotive,
Inc.
373
100,538
Haverty
Furniture
Cos.,
Inc.
438
11,944
J
Jill,
Inc.(a)
219
4,277
Lands'
End,
Inc.*
312
3,691
MarineMax,
Inc.*
634
33,082
Monro,
Inc.
784
9,769
National
Vision
Holdings,
Inc.*
2,502
42,734
Neighborhood
Intelligence,
Inc.*
2,347
9,224
OneWater
Marine,
Inc.,
Class
a
A*
372
4,460
Outdoor
Holding
Co.*
3,372
7,284
Petco
Health
&
Wellness
Co.,
Inc.,
Class
a
A*
2,905
7,727
RealReal,
Inc.
(The)*
3,528
36,127
Rent
the
Runway,
Inc.,
Class
a
A*
265
943
Revolve
Group,
Inc.,
Class
a
A*
1,326
29,464
RH*
497
74,128
RideNow
Group,
Inc.,
Class
a
B*
495
2,802
Sally
Beauty
Holdings,
Inc.*
3,055
50,041
Shoe
Station
Group,
Inc.
578
7,919
Signet
Jewelers
Ltd.
1,246
102,521
Sonic
Automotive,
Inc.,
Class
a
A
385
30,280
Stitch
Fix,
Inc.,
Class
a
A*
3,695
11,713
ThredUp,
Inc.,
Class
a
A*
3,309
8,901
Torrid
Holdings,
Inc.(a)
1,079
2,374
Upbound
Group,
Inc.
1,739
31,824
Urban
Outfitters,
Inc.*
1,827
147,421
Victoria's
Secret
&
Co.*
2,214
189,098
Warby
Parker,
Inc.,
Class
a
A*
3,255
80,073
Winmark
Corp.
99
32,939
Zumiez,
Inc.*
420
7,518
1,978,568
Technology
Hardware,
Storage
&
Peripherals
—
0.1%
Corsair
Gaming,
Inc.*
1,495
18,164
CPI
Card
Group,
Inc.*
255
7,387
Diebold
Nixdorf,
Inc.*
720
48,845
Eastman
Kodak
Co.*
2,029
18,220
GPGI,
Inc.(a)
5,683
75,129
Immersion
Corp.
877
6,648
Infleqtion,
Inc.(a)
3,695
48,294
One
Stop
Systems,
Inc.*
705
7,346
Quantum
Computing,
Inc.(a)
6,485
53,372
Turtle
Beach
Corp.*
478
6,123
Xerox
Holdings
Corp.(a)
3,835
12,387
301,915
Textiles,
Apparel
&
Luxury
Goods
—
0.2%
Capri
Holdings
Ltd.*
3,774
50,006
Carter's,
Inc.
1,136
36,795
Ermenegildo
Zegna
NV
1,433
19,460
Figs,
Inc.,
Class
a
A*
2,987
45,821
Fossil
Group,
Inc.*
1,713
8,514
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
102
UWM
::
Investments
Shares
Value
Common
Stocks
(continued)
G-III
Apparel
Group
Ltd.
1,148
$
37,413
Kontoor
Brands,
Inc.
1,742
131,364
Movado
Group,
Inc.
472
15,921
Oxford
Industries,
Inc.
444
17,001
Playboy,
Inc.*
1,819
2,146
Rocky
Brands,
Inc.
237
10,715
Steven
Madden
Ltd.
2,306
99,573
Superior
Group
of
Cos.,
Inc.
335
4,003
Under
Armour,
Inc.,
Class
a
A*
6,060
30,542
Under
Armour,
Inc.,
Class
a
C*
5,884
29,008
Wolverine
World
Wide,
Inc.
2,607
51,436
589,718
Tobacco
—
0.0%(b)
Turning
Point
Brands,
Inc.
599
48,501
Universal
Corp.
783
35,627
84,128
Trading
Companies
&
Distributors
—
0.5%
Alta
Equipment
Group,
Inc.*
630
3,717
BlueLinx
Holdings,
Inc.*
238
18,952
Boise
Cascade
Co.
1,146
89,399
Custom
Truck
One
Source,
Inc.*
1,926
17,738
Distribution
Solutions
Group,
Inc.*
292
10,159
DNOW,
Inc.*
5,899
94,561
DXP
Enterprises,
Inc.*
416
78,096
EVI
Industries,
Inc.
177
2,480
GATX
Corp.
1,124
196,621
Global
Industrial
Co.
475
18,573
Herc
Holdings,
Inc.
1,060
161,480
Hudson
Technologies,
Inc.*
1,177
6,285
Karat
Packaging,
Inc.
267
12,720
McGrath
RentCorp
783
88,041
NPK
International,
Inc.*
2,604
34,581
Rush
Enterprises,
Inc.,
Class
a
A
1,939
148,973
Rush
Enterprises,
Inc.,
Class
a
B
285
22,156
Titan
Machinery,
Inc.*
665
13,679
Transcat,
Inc.*
284
24,563
Willis
Lease
Finance
Corp.(a)
354
19,162
Xometry,
Inc.,
Class
a
A*
1,453
134,679
1,196,615
Transportation
Infrastructure
—
0.0%(b)
Sky
Harbour
Group
Corp.(a)
710
7,483
Water
Utilities
—
0.2%
American
States
Water
Co.
1,249
111,523
Cadiz,
Inc.(a)
1,803
7,158
California
Water
Service
Group
1,909
95,393
Consolidated
Water
Co.
Ltd.
482
14,349
Global
Water
Resources,
Inc.
447
4,110
H2O
America(a)
1,118
70,848
Middlesex
Water
Co.
587
34,046
Pure
Cycle
Corp.*
634
7,034
York
Water
Co.
(The)
516
17,585
362,046
Investments
Shares
Value
Common
Stocks
(continued)
Wireless
Telecommunication
Services
—
0.1%
Gogo,
Inc.*
2,519
$
6,348
Spok
Holdings,
Inc.
660
6,936
Telephone
and
Data
Systems,
Inc.
3,154
106,227
119,511
Total
Common
Stocks
(Cost
$95,893,090)
98,063,386
Exchange
Traded
Funds
(d)
—
28
.6
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(e)(f)
(Cost
$70,060,500)
700,000
70,084,000
Number
of
Rights
Rights
—
0
.0
%
(b)
Biotechnology
—
0.0%
Aduro
Biotech,
Inc.,
CVR*‡
687
—
Cartesian
Therapeutics,
Inc.,
expiring
12/31/2049*‡
5,386
—
Chinook
Therape,
CVR*‡
3,154
—
Oncternal
Therapeutics,
Inc.,
CVR*‡
42
—
Tobira
Therapeutics,
Inc.,
CVR*‡
756
—
—
Food
Products
—
0.0%
(b)  
Prevail
Therape,
CVR*‡
2,444
1,222
Total
Rights
(Cost
$2,604)
1,222
Shares
Securities
Lending
Reinvestments
(g)
—
0
.9
%
Investment
Companies
—
0
.9
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(h)
(Cost
$2,090,067)
2,090,067
2,090,067
Principal
Amount
Short-Term
Investments
—
11
.9
%
Repurchase
Agreements
(i)
—
4
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$11,805,395
(Cost
$11,804,218)
$
11,804,218
11,804,218
AUGUST
31,
2026
(Unaudited)
::
ULTRA
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
103
UWM
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(d)
—
7
.1
%
U.S.
Treasury
Bills
(j)
3.64%,
9/10/2026
$
5,000,000
$
4,995,466
3.72%,
10/1/2026
5,000,000
4,984,670
3.77%,
11/5/2026
7,500,000
7,449,388
Total
U.S.
Treasury
Obligations
(Cost
$17,429,549)
17,429,524
Total
Short-Term
Investments
(Cost
$29,233,767)
29,233,742
Total
Investments
—
81.4%
(Cost
$197,280,028)
199,472,417
Other
assets
less
liabilities
—
18.6%
45,695,074
Net
Assets
—
100.0%
$
245,167,491
*
Non-income
producing
security.
‡
Value
determined
using
significant
unobservable
inputs.
(a)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$2,372,235,
collateralized
in
the
form
of
cash
with
a
value
of
$2,090,067
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$376,893
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
6.25%,
and
maturity
dates
ranging
from
September
15,
2026
–
February
15,
2056.
The
total
value
of
collateral
is
$2,466,960.
(b)
Represents
less
than
0.05%
of
net
assets.
(c)
Security
exempt
from
registration
pursuant
to
Regulation
S
under
the
Securities
Act
of
1933.
Regulation
S
applies
to
securities
offerings
that
are
made
outside
of
the
United
States
and
do
not
involve
direct
selling
efforts
in
the
United
States
and
as
such
may
have
restrictions
on
resale.
(d)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$16,580,927.
(e)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(f)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(g)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$2,090,067.
(h)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(i)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(j)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Abbreviations
ADR
American
Depositary
Receipt
CVR
Contingent
Value
Rights
-
No
defined
expiration
REIT
Real
Estate
Investment
Trust
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
35,042,000
35,041,500
–
–
500
70,084,000
700,000
426,623
Futures
Contracts
Purchased
Ultra
Russell2000
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
Russell
2000
®
E-mini
Index
321
9/18/2026
U.S.
Dollar
$
47,487,135
$
86,105
Swap
Agreements
Ultra
Russell2000
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
34,238,647
3/8/2027
Bank
of
America
NA
4.53%
Russell
2000
®
Index
10,492,015
50,516,861
11/4/2027
Barclays
Bank
PLC
4.58%
Russell
2000
®
Index
9,698,916
59,785,332
1/12/2027
BNP
Paribas
4.73%
Russell
2000
®
Index
9,503,294
ULTRA
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
104
UWM
::
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation/
(Depreciation)
($)
45,112,471
3/8/2027
Citibank
NA
4.48%
Russell
2000
®
Index
6,638,035
51,391,970
11/6/2026
Goldman
Sachs
International
4.18%
Russell
2000
®
Index
6,201,036
70,741,936
11/6/2026
Societe
Generale
4.48%
Russell
2000
®
Index
(
4,835,457
)
33,041,285
11/6/2026
UBS
AG
4.33%
Russell
2000
®
Index
5,902,782
344,828,502
43,600,621
Total
Unrealized
Appreciation
48,436,078
Total
Unrealized
Depreciation
(
4,835,457
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRA
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
105
SSO
::
Investments
Shares
Value
Common
Stocks
(a)
—
68
.8
%
Aerospace
&
Defense
—
1.5%
Axon
Enterprise,
Inc.*
7,350
$
4,164,216
Boeing
Co.
(The)*
72,140
14,989,249
General
Dynamics
Corp.
23,271
8,641,686
General
Electric
Co.
95,516
32,065,676
Honeywell
Aerospace,
Inc.*
29,004
4,585,822
Howmet
Aerospace,
Inc.
36,597
8,964,435
Huntington
Ingalls
Industries,
Inc.
3,597
1,047,446
L3Harris
Technologies,
Inc.
17,055
4,540,894
Lockheed
Martin
Corp.
18,585
10,430,460
Northrop
Grumman
Corp.
12,207
6,588,118
RTX
Corp.
123,260
25,604,800
Textron,
Inc.
15,890
1,280,098
TransDigm
Group,
Inc.
5,121
6,000,481
128,903,381
Air
Freight
&
Logistics
—
0.2%
CH
Robinson
Worldwide,
Inc.
10,762
1,610,641
Expeditors
International
of
Washington,
Inc.
11,972
2,270,490
FedEx
Corp.
20,116
6,585,978
United
Parcel
Service,
Inc.,
Class
a
B
68,342
7,123,287
17,590,396
Automobile
Components
—
0.0%(b)
Aptiv
plc*
19,342
865,748
Automobiles
—
1.2%
Ford
Motor
Co.
358,217
4,993,545
General
Motors
Co.
82,510
7,122,263
Tesla,
Inc.*
257,646
94,800,846
106,916,654
Banks
—
2.4%
Bank
of
America
Corp.
597,516
37,010,141
Citigroup,
Inc.
156,104
20,546,408
Citizens
Financial
Group,
Inc.
38,741
2,668,093
Fifth
Third
Bancorp
82,924
4,458,823
Huntington
Bancshares,
Inc.
185,517
3,095,351
JPMorgan
Chase
&
Co.
245,205
87,297,884
KeyCorp
84,338
1,822,544
M&T
Bank
Corp.
13,419
3,139,241
PNC
Financial
Services
Group,
Inc.
(The)
36,723
8,799,933
Regions
Financial
Corp.
78,143
2,334,913
Truist
Financial
Corp.
114,062
5,655,194
U.S.
Bancorp
142,081
8,749,348
Wells
Fargo
&
Co.
280,052
24,193,692
209,771,565
Beverages
—
0.7%
Brown-Forman
Corp.,
Class
a
B
15,409
409,417
Coca-Cola
Co.
(The)
354,430
31,427,308
Constellation
Brands,
Inc.,
Class
a
A
12,724
1,662,009
Keurig
Dr
Pepper,
Inc.
124,554
3,968,290
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Molson
Coors
Beverage
Co.,
Class
a
B
14,722
$
585,347
Monster
Beverage
Corp.*
130,674
6,000,550
PepsiCo,
Inc.
125,093
17,555,552
61,608,473
Biotechnology
—
1.2%
AbbVie,
Inc.
161,682
41,458,498
Amgen,
Inc.
49,412
21,241,231
Biogen,
Inc.*
13,523
2,929,758
Gilead
Sciences,
Inc.
113,616
16,626,565
Incyte
Corp.*
15,362
1,892,906
Moderna,
Inc.*
32,333
4,537,613
Regeneron
Pharmaceuticals,
Inc.
9,115
7,283,614
Vertex
Pharmaceuticals,
Inc.*
23,269
12,670,436
108,640,621
Broadline
Retail
—
2.7%
Amazon.com,
Inc.*
895,895
232,726,644
eBay,
Inc.
40,662
4,210,957
236,937,601
Building
Products
—
0.3%
A
O
Smith
Corp.
10,250
606,083
Allegion
plc
7,901
1,226,630
Builders
FirstSource,
Inc.*
9,867
655,169
Carrier
Global
Corp.
71,452
4,159,935
Johnson
Controls
International
plc
55,877
7,724,436
Lennox
International,
Inc.
2,926
1,119,605
Masco
Corp.
18,484
1,333,805
Trane
Technologies
plc
20,249
8,998,656
25,824,319
Capital
Markets
—
2.2%
Ameriprise
Financial,
Inc.
8,245
4,560,392
Ares
Management
Corp.,
Class
a
A
19,282
2,760,604
Bank
of
New
York
Mellon
Corp.
(The)
62,851
10,136,609
Blackrock,
Inc.
13,239
15,299,121
Blackstone,
Inc.
68,020
9,743,185
Cboe
Global
Markets,
Inc.
9,615
2,886,423
Charles
Schwab
Corp.
(The)
149,605
16,429,621
CME
Group,
Inc.
33,133
9,459,471
Coinbase
Global,
Inc.,
Class
a
A*
20,368
3,831,628
FactSet
Research
Systems,
Inc.
3,339
1,046,943
Franklin
Templeton,
Inc.
28,027
957,122
Goldman
Sachs
Group,
Inc.
(The)
27,054
27,754,699
Interactive
Brokers
Group,
Inc.,
Class
a
A
40,791
3,968,556
Intercontinental
Exchange,
Inc.
49,061
7,884,103
Invesco
Ltd.
40,613
1,331,294
KKR
&
Co.,
Inc.
63,283
6,943,411
Moody's
Corp.
13,749
6,938,295
Morgan
Stanley
109,711
23,403,551
MSCI,
Inc.,
Class
a
A
6,673
3,807,881
Nasdaq,
Inc.
40,903
4,033,445
ULTRA
S&P500
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
106
SSO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Northern
Trust
Corp.
16,947
$
3,144,685
Raymond
James
Financial,
Inc.
15,851
2,824,173
Robinhood
Markets,
Inc.,
Class
a
A*
72,415
7,589,816
S&P
Global,
Inc.
27,733
12,087,151
State
Street
Corp.
25,351
4,851,674
T.
Rowe
Price
Group,
Inc.
19,588
2,179,753
195,853,606
Chemicals
—
0.7%
Air
Products
and
Chemicals,
Inc.
20,391
6,310,199
Albemarle
Corp.
10,768
1,453,357
CF
Industries
Holdings,
Inc.
14,043
1,826,011
Corteva,
Inc.
61,238
5,182,572
Dow,
Inc.
65,932
2,012,245
Ecolab,
Inc.
23,225
6,577,320
International
Flavors
&
Fragrances,
Inc.
23,399
2,020,036
Linde
plc
42,343
20,730,286
LyondellBasell
Industries
NV,
Class
a
A
23,653
1,539,337
Mosaic
Co.
(The)
29,093
701,723
PPG
Industries,
Inc.
20,409
2,289,278
Sherwin-Williams
Co.
(The)
20,971
7,105,184
57,747,548
Commercial
Services
&
Supplies
—
0.3%
Cintas
Corp.
31,110
6,277,687
Copart,
Inc.*
81,094
2,675,291
Republic
Services,
Inc.,
Class
a
A
18,331
4,049,684
Rollins,
Inc.
26,908
970,572
Veralto
Corp.
22,468
2,214,671
Waste
Management,
Inc.
33,837
7,407,596
23,595,501
Communications
Equipment
—
0.9%
Arista
Networks,
Inc.*
94,500
18,492,705
Ciena
Corp.*
12,981
4,969,127
Cisco
Systems,
Inc.
361,525
39,944,897
F5,
Inc.*
5,163
2,102,012
Lumentum
Holdings,
Inc.*
7,107
6,501,199
Motorola
Solutions,
Inc.
15,205
7,378,987
79,388,927
Construction
&
Engineering
—
0.2%
Comfort
Systems
USA,
Inc.
3,227
4,987,716
EMCOR
Group,
Inc.
4,034
2,963,134
Quanta
Services,
Inc.
13,732
8,336,560
16,287,410
Construction
Materials
—
0.1%
CRH
plc
61,184
5,769,039
Martin
Marietta
Materials,
Inc.
5,477
2,840,920
Vulcan
Materials
Co.
11,882
3,203,150
11,813,109
Consumer
Finance
—
0.4%
American
Express
Co.
48,683
16,073,666
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Capital
One
Financial
Corp.
56,934
$
12,212,913
Synchrony
Financial
30,789
2,373,216
30,659,795
Consumer
Staples
Distribution
&
Retail
—
1.1%
Casey's
General
Stores,
Inc.
3,385
2,546,231
Costco
Wholesale
Corp.
40,633
38,353,082
Dollar
General
Corp.
20,177
2,557,435
Dollar
Tree,
Inc.*
16,604
2,101,900
Kroger
Co.
(The)
51,890
2,985,751
Sysco
Corp.
43,806
3,551,790
Target
Corp.
41,545
6,683,760
Walmart,
Inc.
401,253
42,079,402
100,859,351
Containers
&
Packaging
—
0.1%
Amcor
plc
42,343
1,943,120
Avery
Dennison
Corp.
6,993
1,217,551
Ball
Corp.
24,349
1,533,257
International
Paper
Co.
48,439
1,837,291
Packaging
Corp.
of
America
8,128
1,901,465
Smurfit
Westrock
plc
48,000
2,251,200
10,683,884
Distributors
—
0.0%(b)
Genuine
Parts
Co.
12,565
1,704,694
Diversified
Telecommunication
Services
—
0.5%
AT&T,
Inc.
635,952
16,464,797
Comcast
Corp.,
Class
a
A
326,076
8,680,143
Verizon
Communications,
Inc.
382,174
19,116,344
44,261,284
Electric
Utilities
—
0.9%
Alliant
Energy
Corp.
23,657
1,608,203
American
Electric
Power
Co.,
Inc.
49,794
6,096,279
Constellation
Energy
Corp.
29,252
8,037,572
Duke
Energy
Corp.
71,384
8,559,656
Edison
International
35,258
1,903,227
Entergy
Corp.
41,877
4,451,944
Evergy,
Inc.
21,069
1,707,010
Eversource
Energy
34,413
2,413,728
Exelon
Corp.
93,679
4,095,646
FirstEnergy
Corp.
47,664
2,185,871
NextEra
Energy,
Inc.
190,835
15,713,354
NRG
Energy,
Inc.
19,287
2,123,885
PG&E
Corp.
201,590
2,675,099
Pinnacle
West
Capital
Corp.
11,060
1,079,898
PPL
Corp.
68,841
2,349,543
Southern
Co.
(The)
103,167
9,078,696
Xcel
Energy,
Inc.
57,115
4,323,034
78,402,645
Electrical
Equipment
—
0.8%
AMETEK,
Inc.
20,956
4,928,223
Eaton
Corp.
plc
35,562
14,291,657
Emerson
Electric
Co.
51,270
7,815,599
GE
Vernova,
Inc.
24,563
22,070,592
AUGUST
31,
2026
(Unaudited)
::
ULTRA
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
107
SSO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Generac
Holdings,
Inc.*
5,375
$
996,417
Hubbell,
Inc.,
Class
a
B
4,852
2,197,956
Rockwell
Automation,
Inc.
10,190
4,324,942
Vertiv
Holdings
Co.,
Class
a
A
35,191
9,104,615
65,730,001
Electronic
Equipment,
Instruments
&
Components
—
0.6%
Amphenol
Corp.,
Class
a
A
112,622
17,856,218
CDW
Corp.
11,709
1,774,850
Coherent
Corp.*
17,871
4,965,100
Corning,
Inc.
71,695
10,663,197
Flex
Ltd.*
33,683
3,679,868
Jabil,
Inc.
9,689
2,957,664
Keysight
Technologies,
Inc.*
15,682
5,060,582
TE
Connectivity
plc
26,753
5,491,053
Teledyne
Technologies,
Inc.*
4,198
2,573,164
Zebra
Technologies
Corp.,
Class
a
A*
4,400
1,555,620
56,577,316
Energy
Equipment
&
Services
—
0.2%
Baker
Hughes
Co.,
Class
a
A
90,800
5,770,340
Halliburton
Co.
76,493
2,818,767
SLB
Ltd.
136,847
8,224,505
16,813,612
Entertainment
—
0.7%
Live
Nation
Entertainment,
Inc.*
14,453
2,599,950
Netflix,
Inc.*
385,409
31,237,399
Take-Two
Interactive
Software,
Inc.*
15,905
3,494,329
TKO
Group
Holdings,
Inc.,
Class
a
A
5,731
1,046,538
Walt
Disney
Co.
(The)
158,955
17,095,610
Warner
Bros
Discovery,
Inc.*
226,811
6,470,918
61,944,744
Financial
Services
—
2.4%
Apollo
Global
Management,
Inc.
42,245
5,769,822
Berkshire
Hathaway,
Inc.,
Class
a
B*
167,811
84,581,778
Block,
Inc.,
Class
a
A*
49,020
4,020,621
Corpay,
Inc.*
5,948
2,404,777
Fidelity
National
Information
Services,
Inc.
47,342
1,930,133
Fiserv,
Inc.*
48,772
2,600,035
Global
Payments,
Inc.
21,243
1,934,175
Jack
Henry
&
Associates,
Inc.
6,521
1,094,941
Mastercard,
Inc.,
Class
a
A
73,840
43,514,650
PayPal
Holdings,
Inc.
80,724
4,251,330
Visa,
Inc.,
Class
a
A
151,935
57,639,581
209,741,843
Food
Products
—
0.3%
Archer-Daniels-Midland
Co.
44,134
3,587,653
Bunge
Global
SA
12,408
1,441,934
General
Mills,
Inc.
48,810
2,010,972
Hershey
Co.
(The)
13,574
2,391,874
Hormel
Foods
Corp.
26,736
584,181
J
M
Smucker
Co.
(The)
9,788
1,283,794
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Kraft
Heinz
Co.
(The)
78,175
$
2,006,752
McCormick
&
Co.,
Inc.
(Non-Voting)
23,285
1,262,513
Mondelez
International,
Inc.,
Class
a
A
117,524
7,294,715
Tyson
Foods,
Inc.,
Class
a
A
25,815
1,423,439
23,287,827
Gas
Utilities
—
0.0%(b)
Atmos
Energy
Corp.
15,285
2,539,297
Ground
Transportation
—
0.6%
CSX
Corp.
170,053
8,589,377
Fedex
Freight
Holding
Co.,
Inc.*
9,966
1,332,853
JB
Hunt
Transport
Services,
Inc.
6,820
1,810,505
Norfolk
Southern
Corp.
20,556
7,046,391
Old
Dominion
Freight
Line,
Inc.
16,771
3,353,529
Uber
Technologies,
Inc.*
186,355
14,097,756
Union
Pacific
Corp.
54,365
16,345,925
52,576,336
Health
Care
Equipment
&
Supplies
—
1.0%
Abbott
Laboratories
159,426
17,594,253
Align
Technology,
Inc.*
6,135
980,312
Baxter
International,
Inc.
47,306
1,229,956
Becton
Dickinson
&
Co.
25,244
4,748,649
Boston
Scientific
Corp.*
136,039
6,570,684
Cooper
Cos.,
Inc.
(The)*
17,820
1,249,004
Dexcom,
Inc.*
35,352
3,219,153
Edwards
Lifesciences
Corp.*
52,722
4,784,521
GE
HealthCare
Technologies,
Inc.
41,607
2,963,667
IDEXX
Laboratories,
Inc.*
7,201
4,008,725
Insulet
Corp.*
6,366
946,369
Intuitive
Surgical,
Inc.*
32,429
12,221,193
Medtronic
plc
117,544
10,655,364
ResMed,
Inc.
13,299
3,193,090
Solventum
Corp.*
13,484
1,227,853
STERIS
plc
8,955
2,083,291
Stryker
Corp.
31,550
10,215,890
Zimmer
Biomet
Holdings,
Inc.
17,677
1,768,407
89,660,381
Health
Care
Providers
&
Services
—
1.1%
Cardinal
Health,
Inc.
21,472
5,037,761
Cencora,
Inc.
17,772
5,751,019
Centene
Corp.*
42,930
2,762,116
Cigna
Group
(The)
24,200
6,681,136
CVS
Health
Corp.
116,775
10,966,340
DaVita,
Inc.*
2,964
521,694
Elevance
Health,
Inc.
19,911
7,815,864
HCA
Healthcare,
Inc.
14,186
5,879,388
Henry
Schein,
Inc.*
8,847
794,460
Humana,
Inc.
10,952
4,197,135
Labcorp
Holdings,
Inc.
7,471
2,485,303
McKesson
Corp.
10,964
9,706,648
Quest
Diagnostics,
Inc.
10,139
2,436,402
UnitedHealth
Group,
Inc.
83,083
32,353,351
ULTRA
S&P500
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
108
SSO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Universal
Health
Services,
Inc.,
Class
a
B
4,891
$
833,084
98,221,701
Health
Care
REITs
—
0.2%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
14,322
734,575
Healthpeak
Properties,
Inc.,
REIT
63,114
1,314,034
Ventas,
Inc.,
REIT
44,499
4,056,974
Welltower,
Inc.,
REIT
64,635
15,269,372
21,374,955
Health
Care
Technology
—
0.0%(b)
Veeva
Systems,
Inc.,
Class
a
A*
13,740
3,925,381
Hotel
&
Resort
REITs
—
0.0%(b)
Host
Hotels
&
Resorts,
Inc.,
REIT
58,293
1,278,365
Hotels,
Restaurants
&
Leisure
—
1.1%
Airbnb,
Inc.,
Class
a
A*
38,222
7,003,035
Booking
Holdings,
Inc.
70,896
14,114,685
Carnival
Corp.
Ltd.
117,767
2,813,454
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
117,366
4,463,429
Darden
Restaurants,
Inc.
10,473
2,243,945
Domino's
Pizza,
Inc.
2,833
969,056
DoorDash,
Inc.,
Class
a
A*
34,617
8,022,144
Expedia
Group,
Inc.
10,470
3,320,246
Hilton
Worldwide
Holdings,
Inc.
20,821
6,585,266
Las
Vegas
Sands
Corp.
27,297
1,195,881
Marriott
International,
Inc.,
Class
a
A
20,059
6,855,364
McDonald's
Corp.
65,033
17,138,797
MGM
Resorts
International*
17,540
725,454
Norwegian
Cruise
Line
Holdings
Ltd.*
42,041
678,542
Royal
Caribbean
Cruises
Ltd.
22,799
6,127,003
Starbucks
Corp.
104,322
11,084,212
Wynn
Resorts
Ltd.
7,643
697,653
Yum!
Brands,
Inc.
25,251
3,871,231
97,909,397
Household
Durables
—
0.2%
DR
Horton,
Inc.
24,130
3,488,233
Garmin
Ltd.
15,026
4,269,037
Lennar
Corp.,
Class
a
A
19,666
1,654,107
NVR,
Inc.*
234
1,477,764
PulteGroup,
Inc.
17,419
2,200,368
13,089,509
Household
Products
—
0.5%
Church
&
Dwight
Co.,
Inc.
21,717
2,166,922
Clorox
Co.
(The)
11,026
1,077,020
Colgate-Palmolive
Co.
73,260
6,580,213
Kimberly-Clark
Corp.
30,405
3,282,220
Procter
&
Gamble
Co.
(The)
213,100
30,925,072
44,031,447
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
AES
Corp.
(The)
65,262
$
961,962
Vistra
Corp.
29,015
3,985,790
4,947,752
Industrial
Conglomerates
—
0.2%
3M
Co.
47,749
8,204,711
DuPont
de
Nemours,
Inc.
12,480
1,679,683
Honeywell
International,
Inc.
29,004
6,193,224
16,077,618
Industrial
REITs
—
0.1%
Prologis,
Inc.,
REIT
86,805
12,145,756
Insurance
—
1.1%
Aflac,
Inc.
41,894
4,853,420
Allstate
Corp.
(The)
23,582
6,079,440
American
International
Group,
Inc.
48,526
3,705,445
Aon
plc,
Class
a
A
19,511
6,273,177
Arch
Capital
Group
Ltd.*
31,886
3,127,060
Arthur
J
Gallagher
&
Co.
23,538
6,170,487
Assurant,
Inc.
4,566
1,286,973
Brown
&
Brown,
Inc.
26,717
1,928,166
Chubb
Ltd.
32,990
11,170,414
Cincinnati
Financial
Corp.
14,134
2,401,367
Erie
Indemnity
Co.,
Class
a
A
2,293
585,999
Everest
Group
Ltd.
3,612
1,353,236
Globe
Life,
Inc.
7,094
1,224,921
Hartford
Insurance
Group,
Inc.
(The)
25,122
3,451,260
Loews
Corp.
15,442
1,672,214
Marsh
&
McLennan
Cos.,
Inc.
44,119
8,373,786
MetLife,
Inc.
49,479
4,708,916
Principal
Financial
Group,
Inc.
17,957
1,978,143
Progressive
Corp.
(The)
53,462
11,658,993
Prudential
Financial,
Inc.
31,800
3,739,680
Travelers
Cos.,
Inc.
(The)
19,436
7,112,215
W
R
Berkley
Corp.
26,943
1,820,269
Willis
Towers
Watson
plc
8,640
2,925,072
97,600,653
Interactive
Media
&
Services
—
5.0%
Alphabet,
Inc.,
Class
a
A
536,658
182,114,892
Alphabet,
Inc.,
Class
a
C
432,550
145,081,596
Meta
Platforms,
Inc.,
Class
a
A
200,976
115,026,604
Reddit,
Inc.,
Class
a
A*
11,816
1,746,523
443,969,615
IT
Services
—
0.5%
Accenture
plc,
Class
a
A
56,209
10,666,220
Akamai
Technologies,
Inc.*
13,327
1,447,579
Cognizant
Technology
Solutions
Corp.,
Class
a
A
43,343
2,799,091
Gartner,
Inc.*
6,166
1,221,546
GoDaddy,
Inc.,
Class
a
A*
12,113
1,185,621
International
Business
Machines
Corp.
86,015
20,116,328
AUGUST
31,
2026
(Unaudited)
::
ULTRA
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
109
SSO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
VeriSign,
Inc.
7,462
$
2,151,145
39,587,530
Leisure
Products
—
0.0%(b)
Hasbro,
Inc.
12,287
1,156,207
Life
Sciences
Tools
&
Services
—
0.6%
Agilent
Technologies,
Inc.
25,856
3,970,447
Bio-Techne
Corp.
14,297
1,033,816
Charles
River
Laboratories
International,
Inc.*
4,447
1,281,803
Danaher
Corp.
57,684
12,318,995
IQVIA
Holdings,
Inc.*
15,283
3,991,767
Mettler-Toledo
International,
Inc.*
1,843
2,589,673
Revvity,
Inc.
10,214
1,314,235
Thermo
Fisher
Scientific,
Inc.
34,025
20,996,828
Waters
Corp.*
8,966
3,717,573
West
Pharmaceutical
Services,
Inc.
6,486
2,212,439
53,427,576
Machinery
—
1.2%
Caterpillar,
Inc.
42,191
33,646,057
Cummins,
Inc.
12,596
7,109,182
Deere
&
Co.
22,964
15,039,353
Dover
Corp.
12,308
2,390,583
Fortive
Corp.
27,877
1,640,283
IDEX
Corp.
6,778
1,549,722
Illinois
Tool
Works,
Inc.
23,963
6,598,691
Ingersoll
Rand,
Inc.
32,592
2,511,214
Nordson
Corp.
4,865
1,565,168
Otis
Worldwide
Corp.
35,086
2,495,667
PACCAR,
Inc.
48,158
5,977,853
Parker-Hannifin
Corp.
11,563
11,325,265
Pentair
plc
14,824
896,259
Snap-on,
Inc.
4,762
1,839,608
Stanley
Black
&
Decker,
Inc.
14,201
1,368,550
Westinghouse
Air
Brake
Technologies
Corp.
15,524
4,438,777
Xylem,
Inc.
21,781
2,398,306
102,790,538
Media
—
0.2%
AppLovin
Corp.,
Class
a
A*
24,591
7,673,867
Charter
Communications,
Inc.,
Class
a
A*
7,757
1,182,477
EchoStar
Corp.,
Class
a
A*
12,449
1,076,092
Fox
Corp.,
Class
a
A
18,289
1,231,764
Fox
Corp.,
Class
a
B
12,688
764,071
News
Corp.,
Class
a
A
33,363
1,024,578
News
Corp.,
Class
a
B
10,985
377,994
Omnicom
Group,
Inc.
26,065
2,281,469
Paramount
Skydance
Corp.,
Class
a
B(c)
28,882
315,103
Trade
Desk,
Inc.
(The),
Class
a
A*
39,097
536,411
16,463,826
Metals
&
Mining
—
0.3%
Freeport-McMoRan,
Inc.
131,591
9,966,702
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Newmont
Corp.
97,705
$
12,316,692
Nucor
Corp.
20,829
5,199,752
Steel
Dynamics,
Inc.
12,385
2,880,999
30,364,145
Multi-Utilities
—
0.4%
Ameren
Corp.
25,349
2,687,248
CenterPoint
Energy,
Inc.
59,878
2,371,169
CMS
Energy
Corp.
28,239
1,921,946
Consolidated
Edison,
Inc.
33,758
3,612,781
Dominion
Energy,
Inc.
80,494
5,313,409
DTE
Energy
Co.
19,029
2,580,903
NiSource,
Inc.
43,916
1,797,043
Public
Service
Enterprise
Group,
Inc.
45,643
3,347,001
Sempra
59,836
4,888,601
WEC
Energy
Group,
Inc.
29,787
3,162,486
31,682,587
Office
REITs
—
0.0%(b)
BXP,
Inc.,
REIT
13,581
923,372
Oil,
Gas
&
Consumable
Fuels
—
2.2%
APA
Corp.
32,362
1,396,420
Chevron
Corp.
171,354
35,322,914
ConocoPhillips
111,497
14,772,238
Devon
Energy
Corp.
105,561
5,120,764
Diamondback
Energy,
Inc.
17,732
3,554,911
EOG
Resources,
Inc.
48,718
7,062,161
EQT
Corp.
57,220
3,100,180
Expand
Energy
Corp.
21,915
2,151,176
ExxonMobil
Holdings
Corp.
379,350
61,056,383
Kinder
Morgan,
Inc.
179,222
5,778,117
Marathon
Petroleum
Corp.
26,756
9,988,550
Occidental
Petroleum
Corp.
66,474
4,000,405
ONEOK,
Inc.
57,694
5,539,201
Phillips
66
36,669
9,041,842
Targa
Resources
Corp.
19,613
5,759,358
Texas
Pacific
Land
Corp.
5,295
1,982,130
Valero
Energy
Corp.
27,189
9,758,676
Williams
Cos.,
Inc.
(The)
111,916
8,399,296
193,784,722
Passenger
Airlines
—
0.1%
Delta
Air
Lines,
Inc.
59,815
4,665,570
Southwest
Airlines
Co.
44,725
1,723,254
United
Airlines
Holdings,
Inc.*
29,676
3,204,711
9,593,535
Personal
Care
Products
—
0.1%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
22,615
2,313,515
Kenvue,
Inc.
175,688
3,316,989
5,630,504
Pharmaceuticals
—
2.4%
Bristol-Myers
Squibb
Co.
186,903
12,486,989
Eli
Lilly
&
Co.
72,389
83,734,528
Johnson
&
Johnson
220,278
58,560,906
ULTRA
S&P500
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
110
SSO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Merck
&
Co.,
Inc.
226,067
$
33,403,660
Pfizer,
Inc.
521,621
14,845,334
Viatris,
Inc.
106,577
1,759,586
Zoetis,
Inc.,
Class
a
A
38,345
2,956,400
207,747,403
Professional
Services
—
0.3%
Automatic
Data
Processing,
Inc.
36,554
10,460,293
Broadridge
Financial
Solutions,
Inc.
10,569
1,927,574
Equifax,
Inc.
10,865
2,055,223
Jacobs
Solutions,
Inc.
10,780
1,606,759
Leidos
Holdings,
Inc.
11,538
1,617,743
Paychex,
Inc.
29,493
3,755,639
Verisk
Analytics,
Inc.,
Class
a
A
11,992
2,323,810
23,747,041
Real
Estate
Management
&
Development
—
0.1%
CBRE
Group,
Inc.,
Class
a
A*
26,832
3,912,374
CoStar
Group,
Inc.*
37,391
1,199,129
5,111,503
Residential
REITs
—
0.1%
Camden
Property
Trust,
REIT
9,167
969,869
Essex
Property
Trust,
Inc.,
REIT
5,843
1,653,335
Invitation
Homes,
Inc.,
REIT
50,002
1,457,058
Mid-America
Apartment
Communities,
Inc.,
REIT
10,632
1,369,933
UDR,
Inc.,
REIT
27,080
1,000,606
Vivmark
Residential,
REIT
66,713
4,345,685
10,796,486
Retail
REITs
—
0.2%
Federal
Realty
Investment
Trust,
REIT
7,177
832,747
Kimco
Realty
Corp.,
REIT
61,721
1,463,405
Realty
Income
Corp.,
REIT
85,364
5,231,106
Regency
Centers
Corp.,
REIT
15,100
1,129,027
Simon
Property
Group,
Inc.,
REIT
29,651
6,295,500
14,951,785
Semiconductors
&
Semiconductor
Equipment
—
11.9%
Advanced
Micro
Devices,
Inc.*
149,242
70,251,194
Analog
Devices,
Inc.
44,676
16,178,967
Applied
Materials,
Inc.
72,620
33,288,282
Broadcom,
Inc.
433,368
160,493,505
First
Solar,
Inc.*
9,858
1,990,330
Intel
Corp.*
452,289
40,484,388
KLA
Corp.
119,577
20,979,785
Lam
Research
Corp.
114,476
34,513,369
Marvell
Technology,
Inc.
80,155
16,965,607
Microchip
Technology,
Inc.
49,535
3,638,346
Micron
Technology,
Inc.
103,205
98,945,730
Monolithic
Power
Systems,
Inc.
4,531
5,744,266
NVIDIA
Corp.
2,216,802
489,425,546
NXP
Semiconductors
NV
23,074
5,183,343
ON
Semiconductor
Corp.*
35,904
2,660,127
Qnity
Electronics,
Inc.
19,143
2,286,248
Investments
Shares
Value
Common
Stocks
(a)
(continued)
QUALCOMM,
Inc.
96,451
$
16,442,966
Skyworks
Solutions,
Inc.(c)
13,763
922,259
Teradyne,
Inc.
14,294
5,000,470
Texas
Instruments,
Inc.
83,348
21,746,327
1,047,141,055
Software
—
6.4%
Adobe,
Inc.*
37,030
10,842,014
Autodesk,
Inc.*
19,300
4,989,629
Cadence
Design
Systems,
Inc.*
25,268
8,560,293
Crowdstrike
Holdings,
Inc.,
Class
a
A*
93,161
21,520,191
Datadog,
Inc.,
Class
a
A*
30,309
7,184,445
Fair
Isaac
Corp.*
2,101
2,410,288
Fortinet,
Inc.*
56,974
9,738,566
Gen
Digital,
Inc.
50,415
1,562,865
Intuit,
Inc.
25,331
9,101,428
Microsoft
Corp.
679,878
344,895,311
Oracle
Corp.
155,337
23,163,853
Palantir
Technologies,
Inc.,
Class
a
A*
210,179
39,173,162
Palo
Alto
Networks,
Inc.*
74,208
28,357,103
PTC,
Inc.*
10,556
1,643,992
Roper
Technologies,
Inc.
9,202
3,907,537
Salesforce,
Inc.
74,899
19,289,489
ServiceNow,
Inc.*
94,382
13,967,592
Synopsys,
Inc.*
17,512
7,698,100
Trimble,
Inc.*
21,305
1,277,022
Tyler
Technologies,
Inc.*
3,837
1,428,208
Workday,
Inc.,
Class
a
A*
18,655
3,683,430
564,394,518
Specialized
REITs
—
0.5%
American
Tower
Corp.,
REIT
42,651
7,493,781
Crown
Castle,
Inc.,
REIT
39,919
3,039,433
Digital
Realty
Trust,
Inc.,
REIT
31,868
5,914,382
Equinix,
Inc.,
REIT
9,002
9,422,573
Extra
Space
Storage,
Inc.,
REIT
19,310
2,724,641
Iron
Mountain,
Inc.,
REIT
27,240
3,142,134
Public
Storage,
REIT
15,354
4,713,525
SBA
Communications
Corp.,
Class
a
A,
REIT
9,737
1,846,719
VICI
Properties,
Inc.,
Class
a
A,
REIT
99,999
2,564,974
Weyerhaeuser
Co.,
REIT
65,957
1,541,415
42,403,577
Specialty
Retail
—
1.0%
AutoZone,
Inc.*
1,519
4,543,693
Best
Buy
Co.,
Inc.
17,902
1,434,845
Carvana
Co.,
Class
a
A*
65,545
4,814,936
Home
Depot,
Inc.
(The)
91,153
29,882,688
Lowe's
Cos.,
Inc.
51,267
10,494,355
O'Reilly
Automotive,
Inc.*
75,826
6,733,349
Ross
Stores,
Inc.
29,466
6,734,160
TJX
Cos.,
Inc.
(The)
101,203
13,552,094
Tractor
Supply
Co.
47,999
1,675,165
Ulta
Beauty,
Inc.*
3,958
2,125,842
Williams-Sonoma,
Inc.
10,757
2,455,285
84,446,412
AUGUST
31,
2026
(Unaudited)
::
ULTRA
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
111
SSO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Technology
Hardware,
Storage
&
Peripherals
—
5.7%
Apple,
Inc.
1,344,239
$
425,922,127
Dell
Technologies,
Inc.,
Class
a
C
26,447
12,060,097
Hewlett
Packard
Enterprise
Co.
121,471
6,345,645
HP,
Inc.
83,717
2,513,184
NetApp,
Inc.
18,101
3,353,934
Sandisk
Corp.*
13,562
21,247,585
Seagate
Technology
Holdings
plc
20,525
17,002,500
Super
Micro
Computer,
Inc.*
51,503
1,920,032
Western
Digital
Corp.
31,521
14,201,787
504,566,891
Textiles,
Apparel
&
Luxury
Goods
—
0.1%
Deckers
Outdoor
Corp.*
13,029
1,134,565
Lululemon
Athletica,
Inc.*
9,635
1,158,705
NIKE,
Inc.,
Class
a
B
109,777
4,287,890
Ralph
Lauren
Corp.,
Class
a
A
3,533
1,225,598
Tapestry,
Inc.
18,510
2,283,949
10,090,707
Tobacco
—
0.4%
Altria
Group,
Inc.
152,829
10,465,730
Philip
Morris
International,
Inc.
142,635
26,715,535
37,181,265
Trading
Companies
&
Distributors
—
0.2%
Fastenal
Co.
105,055
5,180,262
Ferguson
Enterprises,
Inc.
17,718
3,977,868
United
Rentals,
Inc.
5,703
5,919,714
WW
Grainger,
Inc.
3,947
5,168,557
20,246,401
Water
Utilities
—
0.0%(b)
American
Water
Works
Co.,
Inc.
17,835
2,465,332
Wireless
Telecommunication
Services
—
0.1%
T-Mobile
US,
Inc.
42,603
7,687,285
Total
Common
Stocks
(Cost
$6,008,416,074)
6,050,142,221
Exchange
Traded
Funds
(a)
—
14
.9
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(d)(e)
(Cost
$1,310,712,000)
13,100,000
1,311,572,000
Securities
Lending
Reinvestments
(f)
—
0
.0
%
(b)
Investment
Companies
—
0
.0
%
(b)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(g)
(Cost
$1,051,359)
1,051,359
1,051,359
Investments
Principal
Amount
Value
Short-Term
Investments
—
5
.1
%
Repurchase
Agreements
(h)
—
0
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$40,307,764
(Cost
$40,303,744)
$
40,303,744
$
40,303,744
U.S.
Treasury
Obligations
(a)
—
4
.6
%
U.S.
Treasury
Bills
(i)
3.66%,
9/3/2026
125,000,000
124,975,035
3.66%,
9/22/2026
75,000,000
74,840,633
3.72%,
9/24/2026
50,000,000
49,883,563
3.70%,
10/6/2026
100,000,000
99,641,486
3.81%,
11/3/2026
25,000,000
24,836,268
3.81%,
12/24/2026
39,000,000
38,531,194
Total
U.S.
Treasury
Obligations
(Cost
$412,714,843)
412,708,179
Total
Short-Term
Investments
(Cost
$453,018,587)
453,011,923
Total
Investments
—
88.8%
(Cost
$7,773,198,020)
7,815,777,503
Other
assets
less
liabilities
—
11.2%
983,443,461
Net
Assets
—
100.0%
$
8,799,220,964
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,268,207,260.
(b)
Represents
less
than
0.05%
of
net
assets.
(c)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$1,040,223,
collateralized
in
the
form
of
cash
with
a
value
of
$1,051,359
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(d)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(e)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(f)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$1,051,359.
(g)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(h)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(i)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Abbreviations
REIT
Real
Estate
Investment
Trust
ULTRA
S&P500
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
112
SSO
::
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
1,301,560,000
10,012,000
–
–
–
1,311,572,000
13,100,000
11,817,430
Futures
Contracts
Purchased
Ultra
S&P500
®
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
S&P
500
®
E-Mini
Index
3,030
9/18/2026
U.S.
Dollar
$
1,166,398,500
$
31,899,380
Swap
Agreements
Ultra
S&P500
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
938,754,395
4/6/2028
Bank
of
America
NA
4.63%
S&P
500
®
16,206,813
823,715,938
4/6/2027
Barclays
Bank
PLC
4.63%
S&P
500
®
63,581,391
933,712,287
3/9/2027
BNP
Paribas
4.73%
S&P
500
®
56,427,379
901,230,660
3/8/2027
Citibank
NA
4.61%
S&P
500
®
162,722,485
875,874,084
11/4/2027
Goldman
Sachs
International
4.68%
S&P
500
®
55,799,207
2,906,438,706
3/8/2027
Goldman
Sachs
International
4.63%
SPDR
®
S&P
500
®
ETF
Trust
186,822,040
3,782,312,790
242,621,247
835,076,053
11/9/2027
J.P.
Morgan
Securities,
LLC
4.58%
S&P
500
®
82,613,630
192,015,149
1/12/2027
Morgan
Stanley
&
Co.
International
plc
4.98%
S&P
500
®
50,028,891
707,063,391
11/4/2027
Societe
Generale
4.63%
S&P
500
®
73,942,411
709,007,984
4/6/2027
UBS
AG
4.68%
S&P
500
®
81,800,449
563,778,369
3/3/2028
Wells
Fargo
Bank,
N.A.
4.23%
S&P
500
®
3,747,034
10,386,667,016
833,691,730
Total
Unrealized
Appreciation
833,691,730
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRA
S&P
500
EQUAL
WEIGHT
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
113
URSP
::
Investments
Shares
Value
Common
Stocks
—
29
.4
%
Aerospace
&
Defense
—
0.7%
Axon
Enterprise,
Inc.*
70
$
39,659
Boeing
Co.
(The)*
149
30,959
General
Dynamics
Corp.
91
33,793
General
Electric
Co.
101
33,907
Honeywell
Aerospace,
Inc.*
149
23,558
Howmet
Aerospace,
Inc.
126
30,864
Huntington
Ingalls
Industries,
Inc.
110
32,032
L3Harris
Technologies,
Inc.
105
27,956
Lockheed
Martin
Corp.
60
33,674
Northrop
Grumman
Corp.
58
31,303
RTX
Corp.
178
36,976
Textron,
Inc.
343
27,632
TransDigm
Group,
Inc.
24
28,122
410,435
Air
Freight
&
Logistics
—
0.2%
CH
Robinson
Worldwide,
Inc.
172
25,742
Expeditors
International
of
Washington,
Inc.
191
36,223
FedEx
Corp.
101
33,067
United
Parcel
Service,
Inc.,
Class
a
B
306
31,894
126,926
Automobile
Components
—
0.0%(a)
Aptiv
plc*
485
21,709
Automobiles
—
0.2%
Ford
Motor
Co.
2,205
30,737
General
Motors
Co.
396
34,183
Tesla,
Inc.*
81
29,804
94,724
Banks
—
0.8%
Bank
of
America
Corp.
578
35,801
Citigroup,
Inc.
237
31,194
Citizens
Financial
Group,
Inc.
487
33,540
Fifth
Third
Bancorp
597
32,101
Huntington
Bancshares,
Inc.
1,870
31,201
JPMorgan
Chase
&
Co.
104
37,026
KeyCorp
1,432
30,945
M&T
Bank
Corp.
140
32,752
PNC
Financial
Services
Group,
Inc.
(The)
135
32,350
Regions
Financial
Corp.
1,101
32,898
Truist
Financial
Corp.
634
31,434
U.S.
Bancorp
556
34,238
Wells
Fargo
&
Co.
384
33,174
428,654
Beverages
—
0.4%
Brown-Forman
Corp.,
Class
a
B
1,189
31,592
Coca-Cola
Co.
(The)
377
33,429
Constellation
Brands,
Inc.,
Class
a
A
220
28,736
Keurig
Dr
Pepper,
Inc.
996
31,732
Investments
Shares
Value
Common
Stocks
(continued)
Molson
Coors
Beverage
Co.,
Class
a
B
770
$
30,615
Monster
Beverage
Corp.*
692
31,777
PepsiCo,
Inc.
217
30,454
218,335
Biotechnology
—
0.6%
AbbVie,
Inc.
139
35,642
Amgen,
Inc.
91
39,119
Biogen,
Inc.*
164
35,531
Gilead
Sciences,
Inc.
259
37,902
Incyte
Corp.*
300
36,966
Moderna,
Inc.*
686
96,273
Regeneron
Pharmaceuticals,
Inc.
53
42,351
Vertex
Pharmaceuticals,
Inc.*
72
39,206
362,990
Broadline
Retail
—
0.1%
Amazon.com,
Inc.*
132
34,290
eBay,
Inc.
298
30,861
65,151
Building
Products
—
0.4%
A
O
Smith
Corp.
552
32,640
Allegion
plc
244
37,881
Builders
FirstSource,
Inc.*
424
28,153
Carrier
Global
Corp.
463
26,956
Johnson
Controls
International
plc
228
31,519
Lennox
International,
Inc.
63
24,106
Masco
Corp.
445
32,111
Trane
Technologies
plc
70
31,108
244,474
Capital
Markets
—
1.6%
Ameriprise
Financial,
Inc.
70
38,718
Ares
Management
Corp.,
Class
a
A
246
35,220
Bank
of
New
York
Mellon
Corp.
(The)
227
36,611
Blackrock,
Inc.
29
33,513
Blackstone,
Inc.
265
37,959
Cboe
Global
Markets,
Inc.
106
31,821
Charles
Schwab
Corp.
(The)
355
38,986
CME
Group,
Inc.
120
34,260
Coinbase
Global,
Inc.,
Class
a
A*
204
38,377
FactSet
Research
Systems,
Inc.
127
39,821
Franklin
Templeton,
Inc.
1,012
34,560
Goldman
Sachs
Group,
Inc.
(The)
29
29,751
Interactive
Brokers
Group,
Inc.,
Class
a
A
370
35,997
Intercontinental
Exchange,
Inc.
210
33,747
Invesco
Ltd.
1,148
37,631
KKR
&
Co.,
Inc.
331
36,317
Moody's
Corp.
70
35,325
Morgan
Stanley
151
32,211
MSCI,
Inc.,
Class
a
A
53
30,244
Nasdaq,
Inc.
365
35,993
ULTRA
S&P
500
EQUAL
WEIGHT
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
114
URSP
::
Investments
Shares
Value
Common
Stocks
(continued)
Northern
Trust
Corp.
190
$
35,256
Raymond
James
Financial,
Inc.
208
37,059
Robinhood
Markets,
Inc.,
Class
a
A*
366
38,360
S&P
Global,
Inc.
77
33,560
State
Street
Corp.
195
37,319
T.
Rowe
Price
Group,
Inc.
297
33,050
921,666
Chemicals
—
0.7%
Air
Products
and
Chemicals,
Inc.
115
35,588
Albemarle
Corp.
213
28,749
CF
Industries
Holdings,
Inc.
290
37,709
Corteva,
Inc.
425
35,968
Dow,
Inc.
919
28,048
Ecolab,
Inc.
123
34,833
International
Flavors
&
Fragrances,
Inc.
426
36,776
Linde
plc
62
30,354
LyondellBasell
Industries
NV,
Class
a
A
485
31,564
Mosaic
Co.
(The)
1,590
38,351
PPG
Industries,
Inc.
277
31,071
Sherwin-Williams
Co.
(The)
105
35,575
404,586
Commercial
Services
&
Supplies
—
0.3%
Cintas
Corp.
176
35,515
Copart,
Inc.*
1,006
33,188
Republic
Services,
Inc.,
Class
a
A
147
32,475
Rollins,
Inc.
658
23,734
Veralto
Corp.
381
37,555
Waste
Management,
Inc.
140
30,649
193,116
Communications
Equipment
—
0.4%
Arista
Networks,
Inc.*
207
40,508
Ciena
Corp.*
72
27,561
Cisco
Systems,
Inc.
265
29,280
F5,
Inc.*
80
32,570
Lumentum
Holdings,
Inc.*
39
35,676
Motorola
Solutions,
Inc.
76
36,883
202,478
Construction
&
Engineering
—
0.1%
Comfort
Systems
USA,
Inc.
17
26,276
EMCOR
Group,
Inc.
42
30,851
Quanta
Services,
Inc.
49
29,747
86,874
Construction
Materials
—
0.2%
CRH
plc
315
29,702
Martin
Marietta
Materials,
Inc.
57
29,566
Vulcan
Materials
Co.
116
31,271
90,539
Consumer
Finance
—
0.2%
American
Express
Co.
102
33,677
Investments
Shares
Value
Common
Stocks
(continued)
Capital
One
Financial
Corp.
178
$
38,183
Synchrony
Financial
453
34,917
106,777
Consumer
Staples
Distribution
&
Retail
—
0.5%
Casey's
General
Stores,
Inc.
36
27,080
Costco
Wholesale
Corp.
34
32,092
Dollar
General
Corp.
285
36,124
Dollar
Tree,
Inc.*
284
35,951
Kroger
Co.
(The)
490
28,195
Sysco
Corp.
400
32,432
Target
Corp.
247
39,737
Walmart,
Inc.
261
27,371
258,982
Containers
&
Packaging
—
0.4%
Amcor
plc
826
37,905
Avery
Dennison
Corp.
201
34,996
Ball
Corp.
576
36,271
International
Paper
Co.
987
37,437
Packaging
Corp.
of
America
144
33,687
Smurfit
Westrock
plc
810
37,989
218,285
Distributors
—
0.1%
Genuine
Parts
Co.
320
43,414
Diversified
Telecommunication
Services
—
0.2%
AT&T,
Inc.
1,356
35,107
Comcast
Corp.,
Class
a
A
1,316
35,032
Verizon
Communications,
Inc.
673
33,663
103,802
Electric
Utilities
—
0.9%
Alliant
Energy
Corp.
433
29,435
American
Electric
Power
Co.,
Inc.
246
30,118
Constellation
Energy
Corp.
130
35,720
Duke
Energy
Corp.
252
30,217
Edison
International
441
23,805
Entergy
Corp.
283
30,086
Evergy,
Inc.
381
30,869
Eversource
Energy
455
31,914
Exelon
Corp.
692
30,254
FirstEnergy
Corp.
680
31,185
NextEra
Energy,
Inc.
371
30,548
NRG
Energy,
Inc.
261
28,741
PG&E
Corp.
1,886
25,027
Pinnacle
West
Capital
Corp.
306
29,878
PPL
Corp.
886
30,239
Southern
Co.
(The)
334
29,392
Xcel
Energy,
Inc.
402
30,428
507,856
Electrical
Equipment
—
0.4%
AMETEK,
Inc.
141
33,159
Eaton
Corp.
plc
83
33,356
Emerson
Electric
Co.
231
35,214
GE
Vernova,
Inc.
38
34,144
AUGUST
31,
2026
(Unaudited)
::
ULTRA
S&P
500
EQUAL
WEIGHT
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
115
URSP
::
Investments
Shares
Value
Common
Stocks
(continued)
Generac
Holdings,
Inc.*
132
$
24,470
Hubbell,
Inc.,
Class
a
B
67
30,351
Rockwell
Automation,
Inc.
71
30,135
Vertiv
Holdings
Co.,
Class
a
A
113
29,235
250,064
Electronic
Equipment,
Instruments
&
Components
—
0.6%
Amphenol
Corp.,
Class
a
A
210
33,296
CDW
Corp.
244
36,986
Coherent
Corp.*
87
24,171
Corning,
Inc.
188
27,961
Flex
Ltd.*
228
24,909
Jabil,
Inc.
88
26,863
Keysight
Technologies,
Inc.*
99
31,947
TE
Connectivity
plc
154
31,609
Teledyne
Technologies,
Inc.*
53
32,486
Zebra
Technologies
Corp.,
Class
a
A*
144
50,911
321,139
Energy
Equipment
&
Services
—
0.2%
Baker
Hughes
Co.,
Class
a
A
501
31,839
Halliburton
Co.
791
29,148
SLB
Ltd.
568
34,137
95,124
Entertainment
—
0.3%
Live
Nation
Entertainment,
Inc.*
188
33,819
Netflix,
Inc.*
384
31,123
Take-Two
Interactive
Software,
Inc.*
148
32,516
TKO
Group
Holdings,
Inc.,
Class
a
A
151
27,574
Walt
Disney
Co.
(The)
320
34,416
Warner
Bros
Discovery,
Inc.*
1,202
34,293
193,741
Financial
Services
—
0.7%
Apollo
Global
Management,
Inc.
241
32,916
Berkshire
Hathaway,
Inc.,
Class
a
B*
65
32,762
Block,
Inc.,
Class
a
A*
471
38,631
Corpay,
Inc.*
89
35,983
Fidelity
National
Information
Services,
Inc.
810
33,024
Fiserv,
Inc.*
590
31,453
Global
Payments,
Inc.
505
45,980
Jack
Henry
&
Associates,
Inc.
247
41,474
Mastercard,
Inc.,
Class
a
A
64
37,716
PayPal
Holdings,
Inc.
774
40,763
Visa,
Inc.,
Class
a
A
99
37,557
408,259
Food
Products
—
0.6%
Archer-Daniels-Midland
Co.
387
31,459
Bunge
Global
SA
246
28,588
General
Mills,
Inc.
933
38,440
Hershey
Co.
(The)
179
31,541
Hormel
Foods
Corp.
1,296
28,318
J
M
Smucker
Co.
(The)
268
35,151
Investments
Shares
Value
Common
Stocks
(continued)
Kraft
Heinz
Co.
(The)
1,312
$
33,679
McCormick
&
Co.,
Inc.
(Non-Voting)
634
34,375
Mondelez
International,
Inc.,
Class
a
A
492
30,538
Tyson
Foods,
Inc.,
Class
a
A
562
30,989
323,078
Gas
Utilities
—
0.1%
Atmos
Energy
Corp.
186
30,900
Ground
Transportation
—
0.4%
CSX
Corp.
680
34,347
Fedex
Freight
Holding
Co.,
Inc.*
180
24,073
JB
Hunt
Transport
Services,
Inc.
113
29,998
Norfolk
Southern
Corp.
104
35,650
Old
Dominion
Freight
Line,
Inc.
133
26,594
Uber
Technologies,
Inc.*
458
34,648
Union
Pacific
Corp.
119
35,780
221,090
Health
Care
Equipment
&
Supplies
—
1.1%
Abbott
Laboratories
355
39,178
Align
Technology,
Inc.*
185
29,561
Baxter
International,
Inc.
1,550
40,300
Becton
Dickinson
&
Co.
212
39,879
Boston
Scientific
Corp.*
651
31,443
Cooper
Cos.,
Inc.
(The)*
464
32,522
Dexcom,
Inc.*
423
38,519
Edwards
Lifesciences
Corp.*
367
33,305
GE
HealthCare
Technologies,
Inc.
495
35,259
IDEXX
Laboratories,
Inc.*
57
31,731
Insulet
Corp.*
208
30,921
Intuitive
Surgical,
Inc.*
76
28,641
Medtronic
plc
392
35,535
ResMed,
Inc.
165
39,617
Solventum
Corp.*
389
35,422
STERIS
plc
150
34,896
Stryker
Corp.
104
33,675
Zimmer
Biomet
Holdings,
Inc.
359
35,915
626,319
Health
Care
Providers
&
Services
—
0.9%
Cardinal
Health,
Inc.
145
34,020
Cencora,
Inc.
113
36,567
Centene
Corp.*
484
31,141
Cigna
Group
(The)
108
29,817
CVS
Health
Corp.
321
30,145
DaVita,
Inc.*
157
27,634
Elevance
Health,
Inc.
77
30,226
HCA
Healthcare,
Inc.
83
34,399
Henry
Schein,
Inc.*
399
35,830
Humana,
Inc.
85
32,574
Labcorp
Holdings,
Inc.
118
39,254
McKesson
Corp.
41
36,298
Quest
Diagnostics,
Inc.
153
36,766
UnitedHealth
Group,
Inc.
76
29,595
ULTRA
S&P
500
EQUAL
WEIGHT
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
116
URSP
::
Investments
Shares
Value
Common
Stocks
(continued)
Universal
Health
Services,
Inc.,
Class
a
B
216
$
36,791
501,057
Health
Care
REITs
—
0.2%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
601
30,825
Healthpeak
Properties,
Inc.,
REIT
1,539
32,042
Ventas,
Inc.,
REIT
374
34,098
Welltower,
Inc.,
REIT
148
34,963
131,928
Health
Care
Technology
—
0.1%
Veeva
Systems,
Inc.,
Class
a
A*
192
54,853
Hotel
&
Resort
REITs
—
0.0%(a)
Host
Hotels
&
Resorts,
Inc.,
REIT
1,317
28,882
Hotels,
Restaurants
&
Leisure
—
1.1%
Airbnb,
Inc.,
Class
a
A*
245
44,889
Booking
Holdings,
Inc.
196
39,022
Carnival
Corp.
Ltd.
1,212
28,955
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
1,035
39,361
Darden
Restaurants,
Inc.
153
32,782
Domino's
Pizza,
Inc.
102
34,890
DoorDash,
Inc.,
Class
a
A*
208
48,202
Expedia
Group,
Inc.
143
45,348
Hilton
Worldwide
Holdings,
Inc.
91
28,781
Las
Vegas
Sands
Corp.
621
27,206
Marriott
International,
Inc.,
Class
a
A
80
27,341
McDonald's
Corp.
113
29,780
MGM
Resorts
International*
674
27,877
Norwegian
Cruise
Line
Holdings
Ltd.*
1,760
28,406
Royal
Caribbean
Cruises
Ltd.
118
31,711
Starbucks
Corp.
319
33,894
Wynn
Resorts
Ltd.
301
27,475
Yum!
Brands,
Inc.
207
31,735
607,655
Household
Durables
—
0.3%
DR
Horton,
Inc.
213
30,791
Garmin
Ltd.
135
38,355
Lennar
Corp.,
Class
a
A
349
29,354
NVR,
Inc.*
5
31,576
PulteGroup,
Inc.
265
33,475
163,551
Household
Products
—
0.3%
Church
&
Dwight
Co.,
Inc.
321
32,029
Clorox
Co.
(The)
317
30,965
Colgate-Palmolive
Co.
348
31,257
Kimberly-Clark
Corp.
311
33,573
Procter
&
Gamble
Co.
(The)
210
30,475
158,299
Investments
Shares
Value
Common
Stocks
(continued)
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
AES
Corp.
(The)
2,155
$
31,764
Vistra
Corp.
229
31,458
63,222
Industrial
Conglomerates
—
0.2%
3M
Co.
200
34,366
DuPont
de
Nemours,
Inc.
234
31,494
Honeywell
International,
Inc.
149
31,816
97,676
Industrial
REITs
—
0.0%(a)
Prologis,
Inc.,
REIT
215
30,083
Insurance
—
1.4%
Aflac,
Inc.
268
31,048
Allstate
Corp.
(The)
140
36,092
American
International
Group,
Inc.
422
32,224
Aon
plc,
Class
a
A
92
29,580
Arch
Capital
Group
Ltd.*
343
33,638
Arthur
J
Gallagher
&
Co.
142
37,225
Assurant,
Inc.
123
34,669
Brown
&
Brown,
Inc.
523
37,745
Chubb
Ltd.
93
31,490
Cincinnati
Financial
Corp.
189
32,111
Erie
Indemnity
Co.,
Class
a
A
135
34,500
Everest
Group
Ltd.
92
34,468
Globe
Life,
Inc.
194
33,498
Hartford
Insurance
Group,
Inc.
(The)
244
33,521
Loews
Corp.
293
31,729
Marsh
&
McLennan
Cos.,
Inc.
189
35,872
MetLife,
Inc.
367
34,927
Principal
Financial
Group,
Inc.
290
31,946
Progressive
Corp.
(The)
153
33,366
Prudential
Financial,
Inc.
301
35,398
Travelers
Cos.,
Inc.
(The)
105
38,423
W
R
Berkley
Corp.
461
31,145
Willis
Towers
Watson
plc
120
40,626
785,241
Interactive
Media
&
Services
—
0.2%
Alphabet,
Inc.,
Class
a
A
50
16,967
Alphabet,
Inc.,
Class
a
C
41
13,752
Meta
Platforms,
Inc.,
Class
a
A
56
32,051
Reddit,
Inc.,
Class
a
A*
176
26,015
88,785
IT
Services
—
0.4%
Accenture
plc,
Class
a
A
185
35,105
Akamai
Technologies,
Inc.*
243
26,395
Cognizant
Technology
Solutions
Corp.,
Class
a
A
610
39,394
Gartner,
Inc.*
203
40,216
GoDaddy,
Inc.,
Class
a
A*
392
38,369
International
Business
Machines
Corp.
116
27,129
AUGUST
31,
2026
(Unaudited)
::
ULTRA
S&P
500
EQUAL
WEIGHT
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
117
URSP
::
Investments
Shares
Value
Common
Stocks
(continued)
VeriSign,
Inc.
111
$
31,999
238,607
Leisure
Products
—
0.1%
Hasbro,
Inc.
383
36,040
Life
Sciences
Tools
&
Services
—
0.7%
Agilent
Technologies,
Inc.
240
36,854
Bio-Techne
Corp.
599
43,314
Charles
River
Laboratories
International,
Inc.*
171
49,289
Danaher
Corp.
173
36,946
IQVIA
Holdings,
Inc.*
174
45,447
Mettler-Toledo
International,
Inc.*
26
36,534
Revvity,
Inc.
312
40,145
Thermo
Fisher
Scientific,
Inc.
65
40,111
Waters
Corp.*
85
35,244
West
Pharmaceutical
Services,
Inc.
93
31,723
395,607
Machinery
—
1.0%
Caterpillar,
Inc.
38
30,304
Cummins,
Inc.
51
28,784
Deere
&
Co.
57
37,330
Dover
Corp.
146
28,358
Fortive
Corp.
524
30,832
IDEX
Corp.
146
33,381
Illinois
Tool
Works,
Inc.
126
34,697
Ingersoll
Rand,
Inc.
447
34,441
Nordson
Corp.
114
36,676
Otis
Worldwide
Corp.
452
32,151
PACCAR,
Inc.
275
34,136
Parker-Hannifin
Corp.
38
37,219
Pentair
plc
442
26,723
Snap-on,
Inc.
82
31,677
Stanley
Black
&
Decker,
Inc.
405
39,030
Westinghouse
Air
Brake
Technologies
Corp.
123
35,169
Xylem,
Inc.
296
32,593
563,501
Media
—
0.4%
AppLovin
Corp.,
Class
a
A*
64
19,972
Charter
Communications,
Inc.,
Class
a
A*
230
35,061
EchoStar
Corp.,
Class
a
A*
272
23,512
Fox
Corp.,
Class
a
A
283
19,060
Fox
Corp.,
Class
a
B
198
11,924
News
Corp.,
Class
a
A
847
26,011
News
Corp.,
Class
a
B
278
9,566
Omnicom
Group,
Inc.
427
37,375
Paramount
Skydance
Corp.,
Class
a
B(b)
3,057
33,352
Trade
Desk,
Inc.
(The),
Class
a
A*
1,635
22,432
238,265
Metals
&
Mining
—
0.2%
Freeport-McMoRan,
Inc.
508
38,476
Investments
Shares
Value
Common
Stocks
(continued)
Newmont
Corp.
338
$
42,608
Nucor
Corp.
126
31,455
Steel
Dynamics,
Inc.
118
27,449
139,988
Multi-Utilities
—
0.5%
Ameren
Corp.
292
30,955
CenterPoint
Energy,
Inc.
739
29,264
CMS
Energy
Corp.
430
29,266
Consolidated
Edison,
Inc.
294
31,464
Dominion
Energy,
Inc.
470
31,024
DTE
Energy
Co.
214
29,025
NiSource,
Inc.
677
27,703
Public
Service
Enterprise
Group,
Inc.
400
29,332
Sempra
344
28,105
WEC
Energy
Group,
Inc.
275
29,197
295,335
Office
REITs
—
0.1%
BXP,
Inc.,
REIT
483
32,839
Oil,
Gas
&
Consumable
Fuels
—
1.1%
APA
Corp.
829
35,771
Chevron
Corp.
168
34,632
ConocoPhillips
262
34,712
Devon
Energy
Corp.
678
32,890
Diamondback
Energy,
Inc.
162
32,478
EOG
Resources,
Inc.
227
32,906
EQT
Corp.
597
32,346
Expand
Energy
Corp.
357
35,043
ExxonMobil
Holdings
Corp.
208
33,478
Kinder
Morgan,
Inc.
992
31,982
Marathon
Petroleum
Corp.
120
44,798
Occidental
Petroleum
Corp.
553
33,280
ONEOK,
Inc.
346
33,219
Phillips
66
175
43,152
Targa
Resources
Corp.
116
34,063
Texas
Pacific
Land
Corp.
83
31,070
Valero
Energy
Corp.
122
43,788
Williams
Cos.,
Inc.
(The)
437
32,797
632,405
Passenger
Airlines
—
0.2%
Delta
Air
Lines,
Inc.
410
31,980
Southwest
Airlines
Co.
761
29,321
United
Airlines
Holdings,
Inc.*
307
33,153
94,454
Personal
Care
Products
—
0.1%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
370
37,851
Kenvue,
Inc.
1,744
32,927
70,778
Pharmaceuticals
—
0.4%
Bristol-Myers
Squibb
Co.
567
37,881
Eli
Lilly
&
Co.
26
30,075
Johnson
&
Johnson
132
35,092
ULTRA
S&P
500
EQUAL
WEIGHT
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
118
URSP
::
Investments
Shares
Value
Common
Stocks
(continued)
Merck
&
Co.,
Inc.
264
$
39,009
Pfizer,
Inc.
1,230
35,006
Viatris,
Inc.
1,997
32,970
Zoetis,
Inc.,
Class
a
A
387
29,838
239,871
Professional
Services
—
0.5%
Automatic
Data
Processing,
Inc.
136
38,918
Broadridge
Financial
Solutions,
Inc.
214
39,029
Equifax,
Inc.
190
35,941
Jacobs
Solutions,
Inc.
259
38,604
Leidos
Holdings,
Inc.
259
36,314
Paychex,
Inc.
312
39,730
Verisk
Analytics,
Inc.,
Class
a
A
173
33,524
262,060
Real
Estate
Management
&
Development
—
0.1%
CBRE
Group,
Inc.,
Class
a
A*
236
34,411
CoStar
Group,
Inc.*
919
29,473
63,884
Residential
REITs
—
0.4%
Camden
Property
Trust,
REIT
272
28,777
Essex
Property
Trust,
Inc.,
REIT
112
31,691
Invitation
Homes,
Inc.,
REIT
1,062
30,947
Mid-America
Apartment
Communities,
Inc.,
REIT
227
29,249
UDR,
Inc.,
REIT
803
29,671
Vivmark
Residential,
REIT
906
59,017
209,352
Retail
REITs
—
0.3%
Federal
Realty
Investment
Trust,
REIT
255
29,588
Kimco
Realty
Corp.,
REIT
1,240
29,400
Realty
Income
Corp.,
REIT
508
31,130
Regency
Centers
Corp.,
REIT
393
29,385
Simon
Property
Group,
Inc.,
REIT
147
31,211
150,714
Semiconductors
&
Semiconductor
Equipment
—
1.0%
Advanced
Micro
Devices,
Inc.*
69
32,480
Analog
Devices,
Inc.
79
28,609
Applied
Materials,
Inc.
63
28,879
Broadcom,
Inc.
83
30,738
First
Solar,
Inc.*
126
25,439
Intel
Corp.*
296
26,495
KLA
Corp.
146
25,616
Lam
Research
Corp.
100
30,149
Marvell
Technology,
Inc.
125
26,457
Microchip
Technology,
Inc.
360
26,442
Micron
Technology,
Inc.
37
35,473
Monolithic
Power
Systems,
Inc.
20
25,355
NVIDIA
Corp.
155
34,221
NXP
Semiconductors
NV
111
24,935
ON
Semiconductor
Corp.*
284
21,041
Qnity
Electronics,
Inc.
227
27,111
Investments
Shares
Value
Common
Stocks
(continued)
QUALCOMM,
Inc.
166
$
28,300
Skyworks
Solutions,
Inc.
448
30,020
Teradyne,
Inc.
89
31,135
Texas
Instruments,
Inc.
113
29,483
568,378
Software
—
1.4%
Adobe,
Inc.*
135
39,527
Autodesk,
Inc.*
141
36,453
Cadence
Design
Systems,
Inc.*
81
27,441
Crowdstrike
Holdings,
Inc.,
Class
a
A*
194
44,814
Datadog,
Inc.,
Class
a
A*
138
32,711
Fair
Isaac
Corp.*
24
27,533
Fortinet,
Inc.*
229
39,143
Gen
Digital,
Inc.
1,280
39,680
Intuit,
Inc.
112
40,242
Microsoft
Corp.
78
39,569
Oracle
Corp.
155
23,114
Palantir
Technologies,
Inc.,
Class
a
A*
243
45,290
Palo
Alto
Networks,
Inc.*
120
45,856
PTC,
Inc.*
235
36,599
Roper
Technologies,
Inc.
92
39,067
Salesforce,
Inc.
185
47,645
ServiceNow,
Inc.*
298
44,101
Synopsys,
Inc.*
68
29,892
Trimble,
Inc.*
624
37,402
Tyler
Technologies,
Inc.*
106
39,455
Workday,
Inc.,
Class
a
A*
231
45,611
801,145
Specialized
REITs
—
0.5%
American
Tower
Corp.,
REIT
165
28,991
Crown
Castle,
Inc.,
REIT
336
25,583
Digital
Realty
Trust,
Inc.,
REIT
175
32,478
Equinix,
Inc.,
REIT
28
29,308
Extra
Space
Storage,
Inc.,
REIT
209
29,490
Iron
Mountain,
Inc.,
REIT
255
29,414
Public
Storage,
REIT
99
30,392
SBA
Communications
Corp.,
Class
a
A,
REIT
150
28,449
VICI
Properties,
Inc.,
Class
a
A,
REIT
1,108
28,420
Weyerhaeuser
Co.,
REIT
1,302
30,428
292,953
Specialty
Retail
—
0.6%
AutoZone,
Inc.*
9
26,921
Best
Buy
Co.,
Inc.
418
33,503
Carvana
Co.,
Class
a
A*
467
34,306
Home
Depot,
Inc.
(The)
101
33,111
Lowe's
Cos.,
Inc.
145
29,681
O'Reilly
Automotive,
Inc.*
346
30,725
Ross
Stores,
Inc.
135
30,853
TJX
Cos.,
Inc.
(The)
188
25,175
Tractor
Supply
Co.
1,024
35,737
Ulta
Beauty,
Inc.*
67
35,986
Williams-Sonoma,
Inc.
151
34,466
350,464
AUGUST
31,
2026
(Unaudited)
::
ULTRA
S&P
500
EQUAL
WEIGHT
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
119
URSP
::
Investments
Shares
Value
Common
Stocks
(continued)
Technology
Hardware,
Storage
&
Peripherals
—
0.5%
Apple,
Inc.
109
$
34,537
Dell
Technologies,
Inc.,
Class
a
C
84
38,305
Hewlett
Packard
Enterprise
Co.
693
36,202
HP,
Inc.
1,276
38,305
NetApp,
Inc.
196
36,317
Sandisk
Corp.*
18
28,201
Seagate
Technology
Holdings
plc
40
33,135
Super
Micro
Computer,
Inc.*
1,077
40,151
Western
Digital
Corp.
64
28,835
313,988
Textiles,
Apparel
&
Luxury
Goods
—
0.2%
Deckers
Outdoor
Corp.*
282
24,556
Lululemon
Athletica,
Inc.*
264
31,749
NIKE,
Inc.,
Class
a
B
716
27,967
Ralph
Lauren
Corp.,
Class
a
A
82
28,446
Tapestry,
Inc.
226
27,886
140,604
Tobacco
—
0.1%
Altria
Group,
Inc.
432
29,583
Philip
Morris
International,
Inc.
173
32,403
61,986
Trading
Companies
&
Distributors
—
0.2%
Fastenal
Co.
686
33,826
Ferguson
Enterprises,
Inc.
127
28,513
United
Rentals,
Inc.
28
29,064
WW
Grainger,
Inc.
22
28,809
120,212
Water
Utilities
—
0.1%
American
Water
Works
Co.,
Inc.
250
34,558
Wireless
Telecommunication
Services
—
0.1%
T-Mobile
US,
Inc.
171
30,855
Total
Common
Stocks
(Cost
$16,479,797)
16,671,562
Securities
Lending
Reinvestments
(c)
—
0
.0
%
(a)
Investment
Companies
—
0
.0
%
(a)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$16,020)
16,020
16,020
Investments
Principal
Amount
Value
Short-Term
Investments
—
45
.2
%
Repurchase
Agreements
(e)
—
45
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$25,591,192
(Cost
$25,588,639)
$
25,588,639
$
25,588,639
Total
Investments
—
74.6%
(Cost
$42,084,456)
42,276,221
Other
assets
less
liabilities
—
25.4%
14,359,612
Net
Assets
—
100.0%
$
56,635,833
*
Non-income
producing
security.
(a)
Represents
less
than
0.05%
of
net
assets.
(b)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$15,536,
collateralized
in
the
form
of
cash
with
a
value
of
$16,020
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$16,020.
(d)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(e)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
ULTRA
S&P
500
EQUAL
WEIGHT
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
120
URSP
::
Swap
Agreements
Ultra
S&P
500
Equal
Weight
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
12,705,162
1/12/2027
Bank
of
America
NA
4.83%
S&P
500
Equal
Weighted
Index
3,472,611
50,927,117
3/8/2027
Barclays
Bank
PLC
4.81%
S&P
500
Equal
Weighted
Index
2,037,260
10,859,719
3/9/2027
Citibank
NA
4.58%
S&P
500
Equal
Weighted
Index
(
39,741
)
22,145,311
3/8/2027
Societe
Generale
4.53%
S&P
500
Equal
Weighted
Index
1,411,010
96,637,309
6,881,140
Total
Unrealized
Appreciation
6,920,881
Total
Unrealized
Depreciation
(
39,741
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRA
SEMICONDUCTORS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
121
USD
::
Investments
Shares
Value
Common
Stocks
(a)
—
43
.5
%
Semiconductors
&
Semiconductor
Equipment
—
43.5%
Advanced
Micro
Devices,
Inc.*
161,902
$
76,210,509
Allegro
MicroSystems,
Inc.*
12,329
446,926
Amkor
Technology,
Inc.
11,323
535,578
Analog
Devices,
Inc.
48,471
17,553,288
Applied
Materials,
Inc.
78,798
36,120,215
Astera
Labs,
Inc.*
13,273
3,941,816
Broadcom,
Inc.
470,109
174,100,167
Cerebras
Systems,
Inc.,
Class
a
A(b)
3,428
631,575
Cirrus
Logic,
Inc.*
5,065
554,668
Credo
Technology
Group
Holding
Ltd.*
16,114
3,644,826
Enphase
Energy,
Inc.*
13,086
476,592
Entegris,
Inc.
15,144
2,048,832
GLOBALFOUNDRIES,
Inc.
10,346
462,363
Intel
Corp.*
490,418
43,897,315
IonQ,
Inc.(b)
38,267
1,504,276
KLA
Corp.
129,699
22,755,690
Lam
Research
Corp.
124,169
37,435,712
Lattice
Semiconductor
Corp.*
13,606
1,569,316
MACOM
Technology
Solutions
Holdings,
Inc.*
6,515
1,718,852
Marvell
Technology,
Inc.
86,932
18,400,027
Microchip
Technology,
Inc.
53,732
3,946,615
Micron
Technology,
Inc.
111,975
107,353,792
MKS,
Inc.
6,705
1,718,089
Monolithic
Power
Systems,
Inc.
4,879
6,185,450
NVIDIA
Corp.
2,404,863
530,945,653
NXP
Semiconductors
NV
25,066
5,630,826
ON
Semiconductor
Corp.*
38,912
2,882,990
Onto
Innovation,
Inc.*
4,940
1,320,017
Qnity
Electronics,
Inc.
20,785
2,482,353
Qorvo,
Inc.*
7,952
764,028
QUALCOMM,
Inc.
104,652
17,841,073
Rambus,
Inc.*
10,735
930,617
Silicon
Laboratories,
Inc.*
3,278
718,046
Skyworks
Solutions,
Inc.(b)
14,937
1,000,928
Teradyne,
Inc.
15,543
5,437,408
Texas
Instruments,
Inc.
90,364
23,576,871
Universal
Display
Corp.
4,315
358,879
Total
Common
Stocks
(Cost
$1,041,168,923)
1,157,102,178
Exchange
Traded
Funds
(a)
—
21
.6
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(c)(d)
(Cost
$575,230,000)
5,750,000
575,690,000
Securities
Lending
Reinvestments
(e)
—
0
.0
%
(f)
Investment
Companies
—
0
.0
%
(f)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(g)
(Cost
$1,050,429)
1,050,429
1,050,429
Investments
Principal
Amount
Value
Short-Term
Investments
—
8
.4
%
Repurchase
Agreements
(h)
—
0
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$16,957,630
(Cost
$16,955,939)
$
16,955,939
$
16,955,939
U.S.
Treasury
Obligations
(a)
—
7
.8
%
U.S.
Treasury
Bills
(i)
3.64%,
9/10/2026
85,000,000
84,922,915
3.72%,
10/1/2026
10,000,000
9,969,340
3.81%,
11/3/2026
25,000,000
24,836,268
3.77%,
11/10/2026
5,000,000
4,963,829
3.85%,
11/17/2026
50,000,000
49,602,078
3.81%,
12/24/2026
31,000,000
30,627,359
Total
U.S.
Treasury
Obligations
(Cost
$204,914,991)
204,921,789
Total
Short-Term
Investments
(Cost
$221,870,930)
221,877,728
Total
Investments
—
73.5%
(Cost
$1,839,320,282)
1,955,720,335
Other
assets
less
liabilities
—
26.5%
705,321,864
Net
Assets
—
100.0%
$
2,661,042,199
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$342,825,582.
(b)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$1,046,624,
collateralized
in
the
form
of
cash
with
a
value
of
$1,050,429
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(c)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(d)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(e)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$1,050,429.
(f)
Represents
less
than
0.05%
of
net
assets.
(g)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(h)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(i)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
ULTRA
SEMICONDUCTORS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
122
USD
::
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
851,020,000
–
(275,246,830)
39,380
(122,550)
575,690,000
5,750,000
7,239,753
Swap
Agreements
Ultra
Semiconductors
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
697,433,360
1/6/2028
Bank
of
America
NA
4.73%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
182,419,998
117,039,828
2/15/2028
Barclays
Bank
PLC
4.83%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
1,374,949
)
651,237,508
11/15/2027
BNP
Paribas
4.83%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
187,759,667
657,438,293
1/6/2028
Citibank
NA
4.74%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
149,910,351
382,394,697
3/15/2028
Goldman
Sachs
International
4.78%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
14,642,549
410,336,987
1/6/2028
J.P.
Morgan
Securities,
LLC
4.68%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
22,654,145
240,125,422
2/15/2028
Morgan
Stanley
&
Co.
International
plc
4.98%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
1,531,133
)
257,681,397
2/15/2028
Societe
Generale
4.83%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
1,178,829
)
747,543,459
1/6/2028
UBS
AG
4.68%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
155,132,009
4,161,230,951
708,433,808
Total
Unrealized
Appreciation
712,518,719
Total
Unrealized
Depreciation
(
4,084,911
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
SMALLCAP600
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
123
SAA
::
Investments
Shares
Value
Common
Stocks
—
74
.8
%
Aerospace
&
Defense
—
0.9%
AAR
Corp.*
470
$
60,766
Karman
Holdings,
Inc.*
1,094
45,346
Mercury
Systems,
Inc.*
632
55,193
National
Presto
Industries,
Inc.
63
9,558
V2X,
Inc.*
244
18,827
VSE
Corp.
336
70,116
259,806
Air
Freight
&
Logistics
—
0.1%
Hub
Group,
Inc.,
Class
a
A
724
28,866
Automobile
Components
—
1.1%
Adient
plc*
938
17,794
Dana,
Inc.
1,301
39,004
Dauch
Corp.*
2,838
17,766
Dorman
Products,
Inc.*
325
41,876
Fox
Factory
Holding
Corp.*
501
10,236
Gentherm,
Inc.*
366
14,380
Goodyear
Tire
&
Rubber
Co.
(The)*
3,438
21,556
LCI
Industries
291
29,283
Patrick
Industries,
Inc.
393
32,116
Phinia,
Inc.
443
30,319
Standard
Motor
Products,
Inc.
253
9,543
Versigent
plc*
848
40,195
XPEL,
Inc.*(a)
300
14,778
318,846
Automobiles
—
0.0%(b)
Winnebago
Industries,
Inc.
338
10,170
Banks
—
6.6%
Ameris
Bancorp
754
63,524
Atlantic
Union
Bankshares
Corp.
1,712
69,045
Axos
Financial,
Inc.*
680
65,817
Banc
of
California,
Inc.
1,636
30,462
BancFirst
Corp.
249
27,196
Bancorp,
Inc.
(The)*
498
32,370
Bank
of
Hawaii
Corp.
474
35,991
BankUnited,
Inc.
870
39,672
Banner
Corp.
406
28,477
Beacon
Financial
Corp.
1,003
31,143
Capitol
Federal
Financial,
Inc.
1,394
12,002
Cathay
General
Bancorp
802
49,090
Central
Pacific
Financial
Corp.
312
11,613
City
Holding
Co.
169
24,159
Community
Financial
System,
Inc.
628
39,407
Customers
Bancorp,
Inc.*
377
29,474
CVB
Financial
Corp.
2,004
44,429
Dime
Commercial
Bancshares,
Inc.
491
19,836
Eagle
Bancorp,
Inc.
332
9,060
Eastern
Bankshares,
Inc.
2,544
55,866
FB
Financial
Corp.
481
27,398
First
Bancorp
1,838
51,243
Investments
Shares
Value
Common
Stocks
(continued)
First
Bancorp
495
$
31,398
First
Commonwealth
Financial
Corp.
1,211
25,068
First
Financial
Bancorp
1,242
40,526
First
Hawaiian,
Inc.
1,455
37,263
First
Interstate
BancSystem,
Inc.,
Class
a
A
1,011
37,215
Fulton
Financial
Corp.
2,263
53,090
Hanmi
Financial
Corp.
353
10,943
Heritage
Financial
Corp.
493
14,085
Hilltop
Holdings,
Inc.
490
18,644
Hope
Bancorp,
Inc.
1,529
21,085
Independent
Bank
Corp.
578
46,922
Lakeland
Financial
Corp.
298
17,609
National
Bank
Holdings
Corp.,
Class
a
A
536
22,131
NBT
Bancorp,
Inc.
622
31,983
Nicolet
Bankshares,
Inc.
234
39,626
Northwest
Bancshares,
Inc.
1,750
26,758
OFG
Bancorp
505
26,285
Park
National
Corp.
192
37,496
Pathward
Financial,
Inc.
253
20,609
Preferred
Bank
132
13,521
Provident
Financial
Services,
Inc.
1,558
36,457
Renasant
Corp.
1,103
45,124
S&T
Bancorp,
Inc.
431
21,326
Seacoast
Banking
Corp.
of
Florida
1,151
39,082
ServisFirst
Bancshares,
Inc.
1,204
51,820
Simmons
First
National
Corp.,
Class
a
A
1,735
39,176
Southside
Bancshares,
Inc.
335
10,573
Tompkins
Financial
Corp.
151
14,665
Triumph
Financial,
Inc.*
270
19,238
TrustCo
Bank
Corp.
209
11,854
Trustmark
Corp.
701
32,190
United
Community
Banks,
Inc.
1,431
49,856
WaFd,
Inc.
884
31,612
WesBanco,
Inc.
1,150
46,012
Westamerica
Bancorp
281
16,312
WSFS
Financial
Corp.
622
48,174
1,883,002
Beverages
—
0.1%
National
Beverage
Corp.
280
8,857
Vita
Coco
Co.,
Inc.
(The)*
526
30,884
39,741
Biotechnology
—
2.1%
ACADIA
Pharmaceuticals,
Inc.*
1,515
43,799
ADMA
Biologics,
Inc.*
2,772
26,029
Alkermes
plc*
1,993
93,651
Arcus
Biosciences,
Inc.*
1,038
30,393
Protagonist
Therapeutics,
Inc.*
723
106,823
PTC
Therapeutics,
Inc.*
992
68,984
Sarepta
Therapeutics,
Inc.*
1,263
26,561
TG
Therapeutics,
Inc.*
1,577
85,631
Veracyte,
Inc.*
955
41,246
Vericel
Corp.*
611
24,379
ULTRA
SMALLCAP600
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
124
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
Vir
Biotechnology,
Inc.*
1,452
$
15,885
Xencor,
Inc.*
887
24,184
587,565
Broadline
Retail
—
0.4%
Etsy,
Inc.*
1,135
92,310
Kohl's
Corp.
1,342
23,914
116,224
Building
Products
—
1.6%
Apogee
Enterprises,
Inc.
254
9,921
Armstrong
World
Industries,
Inc.
511
88,188
AZZ,
Inc.
357
48,966
CSW
Industrials,
Inc.
197
60,863
Gibraltar
Industries,
Inc.*
355
15,972
Griffon
Corp.
460
44,799
Hayward
Holdings,
Inc.*
2,387
33,537
Masterbrand,
Inc.*
2,428
20,031
Quanex
Building
Products
Corp.
544
10,456
Resideo
Technologies,
Inc.*
1,666
32,254
Zurn
Elkay
Water
Solutions
Corp.
1,776
84,893
449,880
Capital
Markets
—
2.7%
Acadian
Asset
Management,
Inc.
315
29,673
Artisan
Partners
Asset
Management,
Inc.,
Class
a
A
849
36,142
BGC
Group,
Inc.,
Class
a
A
4,420
53,084
Cohen
&
Steers,
Inc.
332
26,782
Donnelley
Financial
Solutions,
Inc.*
299
14,442
Lazard,
Inc.,
Class
a
A
1,335
57,712
MarketAxess
Holdings,
Inc.
425
69,118
Moelis
&
Co.,
Class
a
A
889
60,514
Piper
Sandler
Cos.
808
60,648
PJT
Partners,
Inc.,
Class
a
A
309
55,741
StepStone
Group,
Inc.,
Class
a
A
882
46,093
StoneX
Group,
Inc.*
1,267
86,764
Victory
Capital
Holdings,
Inc.,
Class
a
A
554
65,378
Virtu
Financial,
Inc.,
Class
a
A
978
64,196
Virtus
Investment
Partners,
Inc.
75
12,413
WisdomTree,
Inc.
1,505
36,210
774,910
Chemicals
—
2.2%
Balchem
Corp.
385
67,718
Celanese
Corp.,
Class
a
A
1,312
59,670
Chemours
Co.
(The)
1,799
27,993
Eastman
Chemical
Co.
1,368
99,098
Element
Solutions,
Inc.
2,738
97,309
FMC
Corp.
1,496
17,249
Hawkins,
Inc.
250
30,068
HB
Fuller
Co.
652
35,827
Ingevity
Corp.*
415
28,755
Innospec,
Inc.
295
27,689
Koppers
Holdings,
Inc.
230
10,550
Investments
Shares
Value
Common
Stocks
(continued)
Minerals
Technologies,
Inc.
370
$
26,240
Quaker
Chemical
Corp.
164
27,191
Sensient
Technologies
Corp.
510
68,819
Stepan
Co.
258
16,153
640,329
Commercial
Services
&
Supplies
—
1.8%
ABM
Industries,
Inc.
700
32,641
Brady
Corp.,
Class
a
A
523
47,410
Casella
Waste
Systems,
Inc.,
Class
a
A*
749
69,095
CoreCivic,
Inc.*
1,183
39,299
Deluxe
Corp.
547
12,636
GEO
Group,
Inc.
(The)*
1,569
49,910
Healthcare
Services
Group,
Inc.*
821
18,054
HNI
Corp.
835
40,439
Interface,
Inc.,
Class
a
A
695
26,354
Liquidity
Services,
Inc.*
283
11,796
MillerKnoll,
Inc.
818
18,479
OPENLANE,
Inc.*
1,354
48,202
Pitney
Bowes,
Inc.
1,490
25,524
UniFirst
Corp.
174
48,128
Vestis
Corp.*
1,342
16,788
504,755
Communications
Equipment
—
0.9%
Calix,
Inc.*
694
26,455
Digi
International,
Inc.*
451
33,798
Extreme
Networks,
Inc.*
1,564
35,174
Harmonic,
Inc.*
1,297
15,538
NetScout
Systems,
Inc.*
812
31,530
Viasat,
Inc.*
1,625
109,314
251,809
Construction
&
Engineering
—
1.9%
Arcosa,
Inc.
587
85,291
Argan,
Inc.
167
70,973
Construction
Partners,
Inc.,
Class
a
A*
574
60,959
Everus
Construction
Group,
Inc.*
611
70,345
Granite
Construction,
Inc.
523
63,053
MYR
Group,
Inc.*
186
54,204
Primoris
Services
Corp.
649
46,799
Tutor
Perini
Corp.
529
46,827
WillScot
Holdings
Corp.
2,165
44,816
543,267
Construction
Materials
—
0.1%
United
States
Lime
&
Minerals,
Inc.
127
15,003
Consumer
Finance
—
1.0%
Bread
Financial
Holdings,
Inc.
483
50,459
Credit
Acceptance
Corp.*
70
41,982
Dave,
Inc.*
124
44,580
Encore
Capital
Group,
Inc.*
257
24,932
Enova
International,
Inc.*
298
67,563
EZCORP,
Inc.,
Class
a
A*
701
22,656
AUGUST
31,
2026
(Unaudited)
::
ULTRA
SMALLCAP600
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
125
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
Navient
Corp.
775
$
7,370
PROG
Holdings,
Inc.
479
18,264
World
Acceptance
Corp.*
33
6,066
283,872
Consumer
Staples
Distribution
&
Retail
—
0.6%
Andersons,
Inc.
(The)
403
26,143
Chefs'
Warehouse,
Inc.
(The)*
434
48,812
Grocery
Outlet
Holding
Corp.*
1,183
14,137
PriceSmart,
Inc.
303
51,513
United
Natural
Foods,
Inc.*
726
31,842
172,447
Containers
&
Packaging
—
0.0%(b)
O-I
Glass,
Inc.*
1,833
13,326
Distributors
—
0.5%
LKQ
Corp.
3,047
76,480
Pool
Corp.
384
71,623
148,103
Diversified
Consumer
Services
—
1.4%
ADT,
Inc.
6,753
49,905
Bright
Horizons
Family
Solutions,
Inc.*
629
46,659
Covista,
Inc.*
407
53,858
Frontdoor,
Inc.*
840
67,931
Laureate
Education,
Inc.*
1,524
57,196
Matthews
International
Corp.,
Class
a
A
373
7,747
OneSpaWorld
Holdings
Ltd.
1,215
30,168
Perdoceo
Education
Corp.
705
23,434
Strategic
Education,
Inc.
267
22,118
Stride,
Inc.*
501
43,432
Universal
Technical
Institute,
Inc.*
606
12,805
415,253
Diversified
REITs
—
0.6%
American
Assets
Trust,
Inc.,
REIT
566
12,712
Broadstone
Net
Lease,
Inc.,
REIT
2,293
47,832
Essential
Properties
Realty
Trust,
Inc.,
REIT
2,587
77,610
Global
Net
Lease,
Inc.,
REIT
2,498
22,932
161,086
Diversified
Telecommunication
Services
—
0.6%
Cogent
Communications
Holdings,
Inc.
571
5,447
Iridium
Communications,
Inc.
1,265
59,430
Lumen
Technologies,
Inc.*
11,336
70,850
Shenandoah
Telecommunications
Co.
549
6,791
Uniti
Group,
Inc.*
2,178
21,606
164,124
Investments
Shares
Value
Common
Stocks
(continued)
Electric
Utilities
—
0.4%
Hawaiian
Electric
Industries,
Inc.*
2,065
$
23,169
MGE
Energy,
Inc.
451
35,038
Otter
Tail
Corp.
502
45,416
103,623
Electrical
Equipment
—
0.3%
Powell
Industries,
Inc.
340
61,108
Sunrun,
Inc.*
2,853
24,450
85,558
Electronic
Equipment,
Instruments
&
Components
—
2.3%
ADI
Global
Distribution,
Inc.*
833
18,218
Arlo
Technologies,
Inc.*
1,298
17,069
Badger
Meter,
Inc.
349
47,279
Benchmark
Electronics,
Inc.
429
30,150
CTS
Corp.
342
19,313
ePlus,
Inc.
313
27,535
Insight
Enterprises,
Inc.*
361
56,684
Itron,
Inc.*
530
51,415
Knowles
Corp.*
1,023
34,966
Mirion
Technologies,
Inc.,
Class
a
A*
2,926
44,095
Napco
Security
Technologies,
Inc.
428
15,511
OSI
Systems,
Inc.*
185
38,463
PC
Connection,
Inc.
136
10,862
Plexus
Corp.*
320
76,630
Ralliant
Corp.
1,338
82,595
Rogers
Corp.*
198
24,863
ScanSource,
Inc.*
224
12,788
Vishay
Intertechnology,
Inc.
1,663
50,605
659,041
Energy
Equipment
&
Services
—
2.2%
Archrock,
Inc.
2,095
66,034
Atlas
Energy
Solutions,
Inc.,
Class
a
A*
926
12,131
Bristow
Group,
Inc.,
Class
a
A
308
13,980
Cactus,
Inc.,
Class
a
A
830
58,366
Helix
Energy
Solutions
Group,
Inc.*
1,638
16,871
Helmerich
&
Payne,
Inc.
1,195
52,078
Innovex
International,
Inc.*
460
14,108
Kodiak
Gas
Services,
Inc.
1,171
68,820
Liberty
Energy,
Inc.,
Class
a
A
1,951
38,454
Noble
Corp.
plc
1,507
69,066
Oceaneering
International,
Inc.*
1,193
61,750
Patterson-UTI
Energy,
Inc.
4,132
52,229
RPC,
Inc.
1,068
6,974
Solaris
Energy
Infrastructure,
Inc.,
Class
a
A(c)
657
33,356
Tidewater,
Inc.*
554
51,588
615,805
Entertainment
—
0.6%
Cinemark
Holdings,
Inc.
1,230
43,801
ULTRA
SMALLCAP600
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
126
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
Madison
Square
Garden
Sports
Corp.*
215
$
82,717
Sphere
Entertainment
Co.*
321
43,752
170,270
Financial
Services
—
1.8%
Enact
Holdings,
Inc.
334
16,099
EVERTEC,
Inc.
737
21,837
HA
Sustainable
Infrastructure
Capital,
Inc.
1,529
60,472
Jackson
Financial,
Inc.,
Class
a
A
834
111,281
Merchants
Bancorp
352
18,529
NCR
Atleos
Corp.*
882
40,502
NMI
Holdings,
Inc.,
Class
a
A*
909
40,314
Payoneer
Global,
Inc.*
3,243
23,058
Radian
Group,
Inc.
1,590
57,017
Remitly
Global,
Inc.*
2,065
55,218
Sezzle,
Inc.(c)
202
24,351
Walker
&
Dunlop,
Inc.
410
16,617
Western
Union
Co.
(The)
3,736
26,750
512,045
Food
Products
—
1.4%
Cal-Maine
Foods,
Inc.
533
42,064
Campbell's
Co.
(The)(c)
2,353
55,719
Conagra
Brands,
Inc.
5,722
91,667
Del
Monte
Corp.
393
12,450
Flowers
Foods,
Inc.
2,533
17,528
Freshpet,
Inc.*
587
41,008
J
&
J
Snack
Foods
Corp.
179
15,784
John
B
Sanfilippo
&
Son,
Inc.
108
7,959
Lamb
Weston
Holdings,
Inc.
1,651
90,029
Simply
Good
Foods
Co.
(The)*
996
11,404
Tootsie
Roll
Industries,
Inc.
242
9,888
395,500
Gas
Utilities
—
0.4%
Chesapeake
Utilities
Corp.
288
38,460
MDU
Resources
Group,
Inc.
2,500
49,800
Northwest
Natural
Holding
Co.
503
24,682
112,942
Ground
Transportation
—
0.8%
ArcBest
Corp.
266
36,700
Heartland
Express,
Inc.
546
6,749
Lyft,
Inc.,
Class
a
A*
4,541
76,743
Marten
Transport
Ltd.
693
9,993
RXO,
Inc.*
1,973
41,926
Schneider
National,
Inc.,
Class
a
B
594
20,499
Werner
Enterprises,
Inc.
717
28,092
220,702
Health
Care
Equipment
&
Supplies
—
2.2%
Artivion,
Inc.*
511
13,792
CONMED
Corp.
360
17,946
Enovis
Corp.*
689
16,943
Glaukos
Corp.*
702
126,051
ICU
Medical,
Inc.*
299
51,712
Investments
Shares
Value
Common
Stocks
(continued)
Inspire
Medical
Systems,
Inc.*
313
$
19,716
Integer
Holdings
Corp.*
406
50,852
Integra
LifeSciences
Holdings
Corp.*
800
13,536
LeMaitre
Vascular,
Inc.
252
20,231
Merit
Medical
Systems,
Inc.*
713
64,641
Neogen
Corp.*
2,603
30,091
Omnicell,
Inc.*
544
19,127
QuidelOrtho
Corp.*
815
11,760
STAAR
Surgical
Co.*
595
13,441
Tandem
Diabetes
Care,
Inc.*
820
18,048
Teleflex,
Inc.
529
75,144
TransMedics
Group,
Inc.*
413
35,051
UFP
Technologies,
Inc.*
92
27,411
625,493
Health
Care
Providers
&
Services
—
1.6%
Acadia
Healthcare
Co.,
Inc.*
1,100
30,316
AdaptHealth
Corp.,
Class
a
A*
1,289
7,205
Addus
HomeCare
Corp.*
219
25,113
Alignment
Healthcare,
Inc.*
1,978
26,505
AMN
Healthcare
Services,
Inc.*
464
15,906
Astrana
Health,
Inc.*
508
19,360
Concentra
Group
Holdings
Parent,
Inc.
1,424
48,046
CorVel
Corp.*
373
25,692
LifeStance
Health
Group,
Inc.*
2,740
33,866
National
HealthCare
Corp.
149
32,263
NeoGenomics,
Inc.*
1,557
27,886
Pediatrix
Medical
Group,
Inc.*
959
25,154
Privia
Health
Group,
Inc.*
1,416
29,014
Progyny,
Inc.*
871
22,289
RadNet,
Inc.*
846
64,144
U.S.
Physical
Therapy,
Inc.
182
14,149
446,908
Health
Care
REITs
—
0.3%
LTC
Properties,
Inc.,
REIT
612
24,676
Medical
Properties
Trust,
Inc.,
REIT(c)
5,864
23,280
National
Health
Investors,
Inc.,
REIT
580
41,244
89,200
Health
Care
Technology
—
0.2%
Certara,
Inc.*
1,395
11,564
HealthStream,
Inc.
279
8,105
Schrodinger,
Inc.*
682
13,299
Waystar
Holding
Corp.*
1,376
36,024
68,992
Hotel
&
Resort
REITs
—
0.9%
Apple
Hospitality
REIT,
Inc.
2,626
41,885
DiamondRock
Hospitality
Co.,
REIT
2,445
30,098
Pebblebrook
Hotel
Trust,
REIT
1,356
24,571
Ryman
Hospitality
Properties,
Inc.,
REIT
815
103,309
Sunstone
Hotel
Investors,
Inc.,
REIT
2,227
24,876
AUGUST
31,
2026
(Unaudited)
::
ULTRA
SMALLCAP600
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
127
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
Xenia
Hotels
&
Resorts,
Inc.,
REIT
1,103
$
20,681
245,420
Hotels,
Restaurants
&
Leisure
—
2.1%
BJ's
Restaurants,
Inc.*
252
16,025
Brinker
International,
Inc.*
513
117,220
Caesars
Entertainment,
Inc.*
2,436
72,349
Cheesecake
Factory,
Inc.
(The)
546
59,782
Cracker
Barrel
Old
Country
Store,
Inc.(c)
267
14,749
Life
Time
Group
Holdings,
Inc.*
1,837
77,191
Marriott
Vacations
Worldwide
Corp.
328
34,197
Monarch
Casino
&
Resort,
Inc.
144
17,345
Papa
John's
International,
Inc.
(c)
394
9,251
Penn
Entertainment,
Inc.*
1,519
25,382
Pursuit
Attractions
and
Hospitality,
Inc.*
249
11,952
Red
Rock
Resorts,
Inc.,
Class
a
A
567
31,843
Rush
Street
Interactive,
Inc.*
1,245
32,071
Sabre
Corp.*
4,727
10,258
Shake
Shack,
Inc.,
Class
a
A*
483
33,274
Six
Flags
Entertainment
Corp.*
1,223
18,406
United
Parks
&
Resorts,
Inc.*
281
11,243
Wendy's
Co.
(The)(c)
1,891
15,695
608,233
Household
Durables
—
1.7%
Cavco
Industries,
Inc.*
93
51,999
Century
Communities,
Inc.
300
20,265
Champion
Homes,
Inc.*
661
59,008
Dream
Finders
Homes,
Inc.,
Class
a
A*
332
4,665
Green
Brick
Partners,
Inc.*
361
26,072
Installed
Building
Products,
Inc.
269
65,321
La-Z-Boy,
Inc.
489
15,472
LGI
Homes,
Inc.*
245
13,705
M/I
Homes,
Inc.*
306
45,536
Meritage
Homes
Corp.
798
55,405
Mohawk
Industries,
Inc.*
612
78,489
Newell
Brands,
Inc.
5,081
31,756
Sonos,
Inc.*
1,424
22,214
489,907
Household
Products
—
0.3%
Central
Garden
&
Pet
Co.*
97
4,169
Central
Garden
&
Pet
Co.,
Class
a
A*
614
22,847
Energizer
Holdings,
Inc.
729
15,878
Reynolds
Consumer
Products,
Inc.
656
15,186
WD-40
Co.
161
34,478
92,558
Independent
Power
and
Renewable
Electricity
Producers
—
0.2%
Clearway
Energy,
Inc.,
Class
a
C
1,449
46,006
Investments
Shares
Value
Common
Stocks
(continued)
Industrial
REITs
—
0.5%
Innovative
Industrial
Properties,
Inc.,
REIT
344
$
19,580
LXP
Industrial
Trust,
REIT
705
42,801
Terreno
Realty
Corp.,
REIT
1,272
84,219
146,600
Insurance
—
1.6%
AMERISAFE,
Inc.
223
5,807
Assured
Guaranty
Ltd.
497
37,126
Employers
Holdings,
Inc.
218
10,701
F&G
Annuities
&
Life,
Inc.
444
10,567
Genworth
Financial,
Inc.,
Class
a
A*
4,581
45,535
Goosehead
Insurance,
Inc.,
Class
a
A*
283
19,428
HCI
Group,
Inc.
126
23,402
Horace
Mann
Educators
Corp.
483
24,580
Kemper
Corp.
704
19,839
Lincoln
National
Corp.
2,035
86,671
Mercury
General
Corp.
318
32,423
Palomar
Holdings,
Inc.
317
42,025
Safety
Insurance
Group,
Inc.
176
18,258
SiriusPoint
Ltd.*
1,251
30,262
Stewart
Information
Services
Corp.
364
24,988
Trupanion,
Inc.*
407
11,864
United
Fire
Group,
Inc.
264
14,222
457,698
Interactive
Media
&
Services
—
0.9%
Cargurus,
Inc.,
Class
a
A*
909
32,415
Match
Group,
Inc.
2,789
113,373
People,
Inc.*
747
28,595
QuinStreet,
Inc.*
687
13,355
TripAdvisor,
Inc.*
1,391
13,242
Yelp,
Inc.,
Class
a
A*
625
13,969
Ziff
Davis,
Inc.*
441
24,321
ZoomInfo
Technologies,
Inc.,
Class
a
A*
3,100
13,144
252,414
IT
Services
—
0.4%
DXC
Technology
Co.*
1,955
22,091
EPAM
Systems,
Inc.*
625
73,644
Everforth,
Inc.*
490
15,886
111,621
Leisure
Products
—
0.3%
Acushnet
Holdings
Corp.
329
28,423
Callaway
Golf
Co.*
1,634
25,670
Peloton
Interactive,
Inc.,
Class
a
A*
4,989
26,741
80,834
Life
Sciences
Tools
&
Services
—
0.2%
Azenta,
Inc.*
490
15,999
BioLife
Solutions,
Inc.*
474
17,571
ULTRA
SMALLCAP600
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
128
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
Fortrea
Holdings,
Inc.*
1,132
$
20,795
54,365
Machinery
—
3.0%
Alamo
Group,
Inc.
130
21,395
Albany
International
Corp.,
Class
a
A
340
18,846
Astec
Industries,
Inc.
275
11,701
Atmus
Filtration
Technologies,
Inc.
977
46,144
Enerpac
Tool
Group
Corp.,
Class
a
A
616
22,989
Enpro,
Inc.
253
74,944
ESCO
Technologies,
Inc.
310
84,639
Federal
Signal
Corp.
730
85,410
Franklin
Electric
Co.,
Inc.
454
45,441
Gates
Industrial
Corp.
Ltd.*
3,036
77,661
Greenbrier
Cos.,
Inc.
(The)
370
16,676
JBT
Marel
Corp.
623
72,810
Kadant,
Inc.
141
42,179
Kennametal,
Inc.
912
26,758
Lindsay
Corp.
125
14,364
Midera
Food
Processing,
Inc.*
497
23,299
Mueller
Water
Products,
Inc.,
Class
a
A
1,871
45,166
Proto
Labs,
Inc.*
284
22,737
Standex
International
Corp.
145
42,001
Tennant
Co.
204
14,198
Trinity
Industries,
Inc.
951
27,408
Worthington
Enterprises,
Inc.
371
21,310
858,076
Marine
Transportation
—
0.3%
Matson,
Inc.
362
81,381
Media
—
0.4%
DoubleVerify
Holdings,
Inc.*
1,524
20,422
John
Wiley
&
Sons,
Inc.,
Class
a
A
469
24,571
Scholastic
Corp.
195
7,488
Versant
Media
Group,
Inc.
1,687
69,369
121,850
Metals
&
Mining
—
0.8%
Alpha
Metallurgical
Resources,
Inc.*
128
30,170
Century
Aluminum
Co.*
674
30,849
Kaiser
Aluminum
Corp.
193
30,644
Materion
Corp.
249
58,784
Metallus,
Inc.*
428
8,355
Warrior
Met
Coal,
Inc.
631
68,299
Worthington
Steel,
Inc.
389
13,401
240,502
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.6%
Adamas
Trust,
Inc.
1,000
9,740
Arbor
Realty
Trust,
Inc.(c)
2,300
11,523
ARMOUR
Residential
REIT,
Inc.
1,484
24,071
Blackstone
Mortgage
Trust,
Inc.,
Class
a
A
1,868
25,965
Investments
Shares
Value
Common
Stocks
(continued)
Ellington
Financial,
Inc.
1,500
$
20,070
Franklin
BSP
Realty
Trust,
Inc.
921
7,709
PennyMac
Mortgage
Investment
Trust
1,043
9,721
Rithm
Capital
Corp.
6,677
66,970
175,769
Multi-Utilities
—
0.2%
Avista
Corp.
988
36,714
Unitil
Corp.
215
11,511
48,225
Office
REITs
—
0.5%
Douglas
Emmett,
Inc.,
REIT
2,003
23,155
Easterly
Government
Properties,
Inc.,
Class
a
A,
REIT
527
12,927
Highwoods
Properties,
Inc.,
REIT
1,319
40,361
JBG
SMITH
Properties,
REIT
697
8,399
SL
Green
Realty
Corp.,
REIT
850
47,583
132,425
Oil,
Gas
&
Consumable
Fuels
—
2.5%
California
Resources
Corp.
934
49,530
Centrus
Energy
Corp.,
Class
a
A*
227
38,908
Comstock
Resources,
Inc.*
948
13,680
Core
Natural
Resources,
Inc.
603
61,687
Crescent
Energy
Co.,
Class
a
A
2,922
40,002
CVR
Energy,
Inc.
361
15,111
Dorian
LPG
Ltd.
440
22,018
Gulfport
Energy
Corp.*
174
31,224
International
Seaways,
Inc.
485
47,840
Kinetik
Holdings,
Inc.,
Class
a
A
625
34,269
Magnolia
Oil
&
Gas
Corp.,
Class
a
A
2,751
73,864
Northern
Oil
&
Gas,
Inc.
1,250
32,513
Par
Pacific
Holdings,
Inc.*
600
47,952
Peabody
Energy
Corp.
1,457
43,258
REX
American
Resources
Corp.*
339
13,926
SM
Energy
Co.
2,724
101,278
Talos
Energy,
Inc.*
1,477
25,493
World
Kinect
Corp.
614
21,951
714,504
Paper
&
Forest
Products
—
0.0%(b)
Sylvamo
Corp.
399
14,332
Passenger
Airlines
—
0.3%
Allegiant
Travel
Co.*
268
20,381
JetBlue
Airways
Corp.*
3,559
16,371
SkyWest,
Inc.*
475
44,964
81,716
Personal
Care
Products
—
0.2%
Coty,
Inc.,
Class
a
A*
4,421
12,600
Edgewell
Personal
Care
Co.
552
15,853
Interparfums,
Inc.
218
25,600
54,053
AUGUST
31,
2026
(Unaudited)
::
ULTRA
SMALLCAP600
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
129
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
Pharmaceuticals
—
2.0%
Amneal
Pharmaceuticals,
Inc.*
2,061
$
36,006
Amphastar
Pharmaceuticals,
Inc.*
406
9,147
ANI
Pharmaceuticals,
Inc.*
218
15,968
Collegium
Pharmaceutical,
Inc.*
388
9,549
Corcept
Therapeutics,
Inc.*
1,143
129,559
Harmony
Biosciences
Holdings,
Inc.*
478
18,824
Indivior
Pharmaceuticals,
Inc.*
1,458
50,928
Innoviva,
Inc.*
839
17,426
Ligand
Pharmaceuticals,
Inc.*
239
67,900
Liquidia
Corp.*
840
57,263
Organon
&
Co.
3,140
43,206
Pacira
BioSciences,
Inc.*
471
12,199
Perrigo
Co.
plc
1,655
24,229
Phibro
Animal
Health
Corp.,
Class
a
A
252
9,510
Prestige
Consumer
Healthcare,
Inc.*
567
29,359
Supernus
Pharmaceuticals,
Inc.*
694
30,682
561,755
Professional
Services
—
1.6%
Amentum
Holdings,
Inc.*
1,841
36,801
Concentrix
Corp.
518
15,592
First
Advantage
Corp.*
1,083
22,765
Insperity,
Inc.
434
23,154
Korn
Ferry
620
53,041
Legalzoom.com,
Inc.*
1,334
8,311
ManpowerGroup,
Inc.
557
35,063
Mobility
Global,
Inc.
3,626
73,608
Paycom
Software,
Inc.
496
118,594
Robert
Half,
Inc.
1,202
54,499
Upwork,
Inc.*
1,477
13,337
Verra
Mobility
Corp.,
Class
a
A*
1,817
8,049
462,814
Real
Estate
Management
&
Development
—
0.3%
AGNT,
Inc.
1,119
4,610
Cushman
&
Wakefield
Ltd.*
2,803
37,813
Marcus
&
Millichap,
Inc.
280
8,865
St
Joe
Co.
(The)
474
31,331
82,619
Residential
REITs
—
0.1%
Centerspace,
REIT
201
10,551
NexPoint
Residential
Trust,
Inc.,
REIT
262
6,212
16,763
Retail
REITs
—
1.3%
Acadia
Realty
Trust,
REIT
1,597
32,691
Curbline
Properties
Corp.,
REIT
1,161
34,633
Getty
Realty
Corp.,
REIT
665
21,559
InvenTrust
Properties
Corp.,
REIT
932
30,113
Macerich
Co.
(The),
REIT
3,390
80,072
Investments
Shares
Value
Common
Stocks
(continued)
NETSTREIT
Corp.,
REIT(c)
1,163
$
23,679
Phillips
Edison
&
Co.,
Inc.,
REIT
1,507
58,245
Saul
Centers,
Inc.,
REIT
149
4,859
Tanger,
Inc.,
REIT
1,374
51,813
Urban
Edge
Properties,
REIT
1,507
31,888
369,552
Semiconductors
&
Semiconductor
Equipment
—
2.8%
ACM
Research,
Inc.,
Class
a
A*
682
49,663
Alpha
&
Omega
Semiconductor
Ltd.*
297
7,324
Axcelis
Technologies,
Inc.*
367
42,326
Cohu,
Inc.*
564
26,000
Diodes,
Inc.*
549
49,849
Enphase
Energy,
Inc.*
1,576
57,398
FormFactor,
Inc.*
932
93,769
Ichor
Holdings
Ltd.*
415
22,232
Impinj,
Inc.*
324
56,480
Kulicke
&
Soffa
Industries,
Inc.
626
50,118
MaxLinear,
Inc.,
Class
a
A*
1,007
60,329
PDF
Solutions,
Inc.*
450
20,016
Penguin
Solutions,
Inc.*
553
27,141
Photronics,
Inc.*
705
19,839
Power
Integrations,
Inc.
666
34,219
Qorvo,
Inc.*
958
92,045
SolarEdge
Technologies,
Inc.*
727
23,409
Ultra
Clean
Holdings,
Inc.*
536
36,357
Veeco
Instruments,
Inc.*
730
32,339
800,853
Software
—
2.8%
A10
Networks,
Inc.
862
21,886
ACI
Worldwide,
Inc.*
1,216
64,788
Adeia,
Inc.
1,319
33,278
Agilysys,
Inc.*
305
35,505
Alarm.com
Holdings,
Inc.*
591
34,018
Blackbaud,
Inc.*
423
20,329
BlackLine,
Inc.*
589
19,567
Box,
Inc.,
Class
a
A*
1,656
59,252
Cleanspark,
Inc.*
3,069
35,662
Clear
Secure,
Inc.,
Class
a
A
1,095
48,344
Five9,
Inc.*
912
31,519
Life360,
Inc.*
969
41,531
LiveRamp
Holdings,
Inc.*
755
28,479
MARA
Holdings,
Inc.*
4,559
49,100
N-able,
Inc.*
901
3,586
NCR
Voyix
Corp.*
1,648
13,810
Progress
Software
Corp.*
503
23,274
Q2
Holdings,
Inc.*
749
48,715
RingCentral,
Inc.,
Class
a
A
886
61,683
Sprinklr,
Inc.,
Class
a
A*
1,350
11,084
SPS
Commerce,
Inc.*
439
37,491
Tenable
Holdings,
Inc.*
1,318
50,282
Teradata
Corp.*
1,126
32,654
805,837
Specialized
REITs
—
0.5%
Four
Corners
Property
Trust,
Inc.,
REIT
1,313
32,667
Millrose
Properties,
Inc.,
REIT
1,845
56,125
ULTRA
SMALLCAP600
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
130
SAA
::
Investments
Shares
Value
Common
Stocks
(continued)
Outfront
Media,
Inc.,
REIT
1,832
$
53,824
Safehold,
Inc.,
REIT
548
8,297
150,913
Specialty
Retail
—
2.2%
Academy
Sports
&
Outdoors,
Inc.
771
33,122
Advance
Auto
Parts,
Inc.
721
30,412
American
Eagle
Outfitters,
Inc.
1,863
30,982
Asbury
Automotive
Group,
Inc.*
223
47,142
Boot
Barn
Holdings,
Inc.*
363
54,679
Buckle,
Inc.
(The)
365
15,549
CarMax,
Inc.*
1,697
104,077
Group
1
Automotive,
Inc.
141
38,005
MarineMax,
Inc.*
232
12,106
National
Vision
Holdings,
Inc.*
958
16,363
Sally
Beauty
Holdings,
Inc.*
1,141
18,689
Signet
Jewelers
Ltd.
479
39,412
Sonic
Automotive,
Inc.,
Class
a
A
157
12,348
Upbound
Group,
Inc.
627
11,474
Urban
Outfitters,
Inc.*
614
49,544
Victoria's
Secret
&
Co.*
950
81,139
Warby
Parker,
Inc.,
Class
a
A*
1,204
29,618
Winmark
Corp.
36
11,978
636,639
Technology
Hardware,
Storage
&
Peripherals
—
0.1%
Corsair
Gaming,
Inc.*
563
6,840
Diebold
Nixdorf,
Inc.*
414
28,086
34,926
Textiles,
Apparel
&
Luxury
Goods
—
0.5%
Carter's,
Inc.
441
14,284
G-III
Apparel
Group
Ltd.
444
14,470
Kontoor
Brands,
Inc.
608
45,849
Steven
Madden
Ltd.
874
37,739
Under
Armour,
Inc.,
Class
a
A(c)
2,258
11,380
Under
Armour,
Inc.,
Class
a
C*
1,429
7,045
Wolverine
World
Wide,
Inc.
980
19,336
150,103
Tobacco
—
0.0%(b)
Universal
Corp.
298
13,559
Trading
Companies
&
Distributors
—
0.5%
Boise
Cascade
Co.
421
32,842
DNOW,
Inc.*
2,183
34,993
DXP
Enterprises,
Inc.*
150
28,160
Rush
Enterprises,
Inc.,
Class
a
A
730
56,086
152,081
Water
Utilities
—
0.4%
American
States
Water
Co.
469
41,877
California
Water
Service
Group
716
35,779
H2O
America(c)
471
29,847
Middlesex
Water
Co.
223
12,934
120,437
Investments
Shares
Value
Common
Stocks
(continued)
Wireless
Telecommunication
Services
—
0.1%
Telephone
and
Data
Systems,
Inc.
1,157
$
38,968
Total
Common
Stocks
(Cost
$18,976,402)
21,394,771
Securities
Lending
Reinvestments
(d)
—
0
.6
%
Investment
Companies
—
0
.6
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(e)
(Cost
$181,277)
181,277
181,277
Principal
Amount
Short-Term
Investments
—
8
.4
%
Repurchase
Agreements
(f)
—
8
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$2,418,721
(Cost
$2,418,478)
$
2,418,478
2,418,478
Total
Investments
—
83.8%
(Cost
$21,576,157)
23,994,526
Other
assets
less
liabilities
—
16.2%
4,641,501
Net
Assets
—
100.0%
$
28,636,027
*
Non-income
producing
security.
(a)
Security
exempt
from
registration
pursuant
to
Regulation
S
under
the
Securities
Act
of
1933.
Regulation
S
applies
to
securities
offerings
that
are
made
outside
of
the
United
States
and
do
not
involve
direct
selling
efforts
in
the
United
States
and
as
such
may
have
restrictions
on
resale.
(b)
Represents
less
than
0.05%
of
net
assets.
(c)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$197,161,
collateralized
in
the
form
of
cash
with
a
value
of
$181,277
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$21,296
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.13%
–
5.25%,
and
maturity
dates
ranging
from
February
28,
2027
–
August
15,
2053.
The
total
value
of
collateral
is
$202,573.
(d)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$181,277.
(e)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(f)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Abbreviations
REIT
Real
Estate
Investment
Trust
AUGUST
31,
2026
(Unaudited)
::
ULTRA
SMALLCAP600
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
131
SAA
::
Swap
Agreements
Ultra
SmallCap600
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
8,978,650
1/12/2027
Bank
of
America
NA
4.48%
S&P
SmallCap
600
®
1,674,855
8,550,259
11/4/2027
Citibank
NA
4.18%
S&P
SmallCap
600
®
980,469
7,175,546
3/3/2028
Societe
Generale
4.63%
S&P
SmallCap
600
®
673,883
11,169,763
11/6/2026
UBS
AG
4.33%
S&P
SmallCap
600
®
307,493
35,874,218
3,636,700
Total
Unrealized
Appreciation
3,636,700
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRA
TECHNOLOGY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
132
ROM
::
Investments
Shares
Value
Common
Stocks
(a)
—
58
.3
%
Communications
Equipment
—
3.3%
Arista
Networks,
Inc.*
49,815
$
9,748,297
Ciena
Corp.*
6,821
2,611,079
Cisco
Systems,
Inc.
190,568
21,055,858
F5,
Inc.*
2,723
1,108,615
Lumentum
Holdings,
Inc.*
3,753
3,433,094
Motorola
Solutions,
Inc.
8,008
3,886,283
41,843,226
Electronic
Equipment,
Instruments
&
Components
—
2.4%
Amphenol
Corp.,
Class
a
A
59,353
9,410,418
CDW
Corp.
6,164
934,339
Coherent
Corp.*
9,438
2,622,160
Corning,
Inc.
37,749
5,614,409
Flex
Ltd.*
17,737
1,937,767
Jabil,
Inc.
5,090
1,553,773
Keysight
Technologies,
Inc.*
8,275
2,670,343
TE
Connectivity
plc
14,083
2,890,536
Teledyne
Technologies,
Inc.*
2,237
1,371,169
Zebra
Technologies
Corp.,
Class
a
A*
2,297
812,104
29,817,018
IT
Services
—
1.6%
Accenture
plc,
Class
a
A
29,622
5,621,071
Akamai
Technologies,
Inc.*
7,013
761,752
Cognizant
Technology
Solutions
Corp.,
Class
a
A
22,864
1,476,557
Gartner,
Inc.*
3,232
640,291
GoDaddy,
Inc.,
Class
a
A*
6,387
625,160
International
Business
Machines
Corp.
45,363
10,609,045
VeriSign,
Inc.
3,951
1,138,994
20,872,870
Semiconductors
&
Semiconductor
Equipment
—
25.3%
Advanced
Micro
Devices,
Inc.*
61,406
28,905,032
Analog
Devices,
Inc.
23,555
8,530,208
Applied
Materials,
Inc.
38,289
17,551,295
Broadcom,
Inc.
93,556
34,647,529
First
Solar,
Inc.*
5,183
1,046,448
Intel
Corp.*
238,296
21,329,875
KLA
Corp.
63,027
11,058,087
Lam
Research
Corp.
60,327
18,187,987
Marvell
Technology,
Inc.
42,242
8,940,942
Microchip
Technology,
Inc.
26,107
1,917,559
Micron
Technology,
Inc.
30,677
29,410,960
Monolithic
Power
Systems,
Inc.
2,369
3,003,347
NVIDIA
Corp.
478,521
105,647,866
NXP
Semiconductors
NV
12,183
2,736,789
ON
Semiconductor
Corp.*
18,910
1,401,042
Qnity
Electronics,
Inc.
10,100
1,206,243
QUALCOMM,
Inc.
50,851
8,669,079
Skyworks
Solutions,
Inc.
7,257
486,292
Teradyne,
Inc.
7,551
2,641,566
Texas
Instruments,
Inc.
43,909
11,456,297
318,774,443
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Software
—
15.1%
Adobe,
Inc.*
19,506
$
5,711,162
Autodesk,
Inc.*
10,187
2,633,645
Cadence
Design
Systems,
Inc.*
13,308
4,508,484
Crowdstrike
Holdings,
Inc.,
Class
a
A*
49,113
11,345,103
Datadog,
Inc.,
Class
a
A*
15,960
3,783,159
Fair
Isaac
Corp.*
1,119
1,283,728
Fortinet,
Inc.*
30,057
5,137,643
Gen
Digital,
Inc.
26,591
824,321
Intuit,
Inc.
13,344
4,794,499
Microsoft
Corp.
146,790
74,465,099
Oracle
Corp.
81,866
12,207,858
Palantir
Technologies,
Inc.,
Class
a
A*
110,779
20,646,990
Palo
Alto
Networks,
Inc.*
39,126
14,951,218
PTC,
Inc.*
5,573
867,939
Roper
Technologies,
Inc.
4,870
2,067,997
Salesforce,
Inc.
39,481
10,167,937
ServiceNow,
Inc.*
49,774
7,366,054
Synopsys,
Inc.*
9,240
4,061,812
Trimble,
Inc.*
11,247
674,145
Tyler
Technologies,
Inc.*
2,038
758,584
Workday,
Inc.,
Class
a
A*
9,826
1,940,144
190,197,521
Technology
Hardware,
Storage
&
Peripherals
—
10.6%
Apple,
Inc.
290,219
91,955,890
Dell
Technologies,
Inc.,
Class
a
C
13,958
6,364,988
Hewlett
Packard
Enterprise
Co.
64,017
3,344,248
HP,
Inc.
44,169
1,325,953
NetApp,
Inc.
9,521
1,764,146
Sandisk
Corp.*
7,145
11,194,072
Seagate
Technology
Holdings
plc
10,817
8,960,586
Super
Micro
Computer,
Inc.*
27,151
1,012,189
Western
Digital
Corp.
16,632
7,493,548
133,415,620
Total
Common
Stocks
(Cost
$520,153,888)
734,920,698
Exchange
Traded
Funds
(a)
—
2
.9
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$37,018,300)
370,000
37,044,400
Principal
Amount
Short-Term
Investments
—
6
.0
%
Repurchase
Agreements
(d)
—
0
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$6,005,511
(Cost
$6,004,913)
$
6,004,913
6,004,913
AUGUST
31,
2026
(Unaudited)
::
ULTRA
TECHNOLOGY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
133
ROM
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(a)
—
5
.5
%
U.S.
Treasury
Bills
(e)
3.65%,
9/3/2026
$
20,000,000
$
19,996,006
3.71%,
9/17/2026
5,000,000
4,991,924
3.72%,
9/24/2026
10,000,000
9,976,712
3.70%,
9/29/2026
7,000,000
6,979,875
3.72%,
10/1/2026
7,000,000
6,978,538
3.77%,
11/10/2026
5,000,000
4,963,828
3.82%,
12/24/2026
16,000,000
15,807,669
Total
U.S.
Treasury
Obligations
(Cost
$69,695,154)
69,694,552
Total
Short-Term
Investments
(Cost
$75,700,067)
75,699,465
Total
Investments
—
67.2%
(Cost
$632,872,255)
847,664,563
Other
assets
less
liabilities
—
32.8%
414,271,681
Net
Assets
—
100.0%
$
1,261,936,244
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$153,268,921.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
40,048,000
–
(3,001,138)
(1,562)
(900)
37,044,400
370,000
354,682
ULTRA
TECHNOLOGY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
134
ROM
::
Swap
Agreements
Ultra
Technology
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
229,872,696
4/15/2027
Bank
of
America
NA
4.76%
S&P
Technology
Select
Sector
Index
c
60,621,452
349,570,143
11/15/2027
Barclays
Bank
PLC
4.73%
S&P
Technology
Select
Sector
Index
c
81,941,427
332,038,338
11/15/2027
BNP
Paribas
4.83%
S&P
Technology
Select
Sector
Index
c
77,384,987
239,162,188
4/15/2027
Citibank
NA
4.68%
S&P
Technology
Select
Sector
Index
c
69,473,421
23,807,372
11/15/2027
Goldman
Sachs
International
4.38%
S&P
Technology
Select
Sector
Index
c
(
8,338,644
)
221,682,930
3/15/2028
J.P.
Morgan
Securities,
LLC
4.68%
S&P
Technology
Select
Sector
Index
c
16,409,351
218,605,199
3/8/2027
Societe
Generale
4.93%
S&P
Technology
Select
Sector
Index
c
30,966,385
173,174,893
4/15/2027
UBS
AG
4.68%
S&P
Technology
Select
Sector
Index
c
78,881,136
1,787,913,759
407,339,515
Total
Unrealized
Appreciation
415,678,159
Total
Unrealized
Depreciation
(
8,338,644
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2026
(Unaudited)
::
ULTRA
UTILITIES
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
135
UPW
::
Investments
Shares
Value
Common
Stocks
(a)
—
71
.4
%
Electric
Utilities
—
46.6%
Alliant
Energy
Corp.
1,984
$
134,872
American
Electric
Power
Co.,
Inc.
4,175
511,145
Constellation
Energy
Corp.
2,456
674,835
Duke
Energy
Corp.
5,985
717,661
Edison
International
2,955
159,511
Entergy
Corp.
3,517
373,892
Evergy,
Inc.
1,773
143,648
Eversource
Energy
2,884
202,284
Exelon
Corp.
7,853
343,333
FirstEnergy
Corp.
3,994
183,165
NextEra
Energy,
Inc.
16,015
1,318,675
NRG
Energy,
Inc.
1,621
178,505
PG&E
Corp.
16,905
224,329
Pinnacle
West
Capital
Corp.
932
91,001
PPL
Corp.
5,778
197,203
Southern
Co.
(The)
8,652
761,376
Xcel
Energy,
Inc.
4,792
362,707
6,578,142
Gas
Utilities
—
1.5%
Atmos
Energy
Corp.
1,280
212,646
Independent
Power
and
Renewable
Electricity
Producers
—
3.0%
AES
Corp.
(The)
5,473
80,672
Vistra
Corp.
2,432
334,084
414,756
Multi-Utilities
—
18.8%
Ameren
Corp.
2,126
225,377
CenterPoint
Energy,
Inc.
5,022
198,871
CMS
Energy
Corp.
2,367
161,098
Consolidated
Edison,
Inc.
2,834
303,295
Dominion
Energy,
Inc.
6,751
445,633
DTE
Energy
Co.
1,594
216,194
NiSource,
Inc.
3,681
150,627
Public
Service
Enterprise
Group,
Inc.
3,827
280,634
Sempra
5,017
409,889
WEC
Energy
Group,
Inc.
2,503
265,744
2,657,362
Water
Utilities
—
1.5%
American
Water
Works
Co.,
Inc.
1,495
206,654
Total
Common
Stocks
(Cost
$10,952,183)
10,069,560
Investments
Principal
Amount
Value
Short-Term
Investments
—
17
.8
%
Repurchase
Agreements
(b)
—
17
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$2,514,271
(Cost
$2,514,019)
$
2,514,019
$
2,514,019
Total
Investments
—
89.2%
(Cost
$13,466,202)
12,583,579
Other
assets
less
liabilities
—
10.8%
1,524,733
Net
Assets
—
100.0%
$
14,108,312
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,459,724.
(b)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
ULTRA
UTILITIES
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
136
UPW
::
Swap
Agreements
Ultra
Utilities
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
2,139,590
2/15/2028
Bank
of
America
NA
4.68%
S&P
Utilities
Select
Sector
Index
c
(
124,004
)
7,310,691
11/16/2027
Citibank
NA
4.53%
S&P
Utilities
Select
Sector
Index
c
(
616,816
)
1,749,800
2/15/2028
Goldman
Sachs
International
4.38%
S&P
Utilities
Select
Sector
Index
c
(
103,814
)
3,641,729
2/15/2028
Societe
Generale
4.68%
S&P
Utilities
Select
Sector
Index
c
(
104,444
)
3,283,428
2/15/2028
UBS
AG
4.68%
S&P
Utilities
Select
Sector
Index
c
(
142,016
)
18,125,238
(
1,091,094
)
Total
Unrealized
Depreciation
(
1,091,094
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
137
UDOW
::
Investments
Shares
Value
Common
Stocks
—
47
.9
%
Aerospace
&
Defense
—
1.1%
Boeing
Co.
(The)*
46,452
$
9,651,797
Banks
—
1.9%
JPMorgan
Chase
&
Co.
46,452
16,537,841
Beverages
—
0.5%
Coca-Cola
Co.
(The)
46,452
4,118,899
Biotechnology
—
2.3%
Amgen,
Inc.
46,452
19,968,786
Broadline
Retail
—
1.4%
Amazon.com,
Inc.*
46,452
12,066,836
Capital
Markets
—
5.5%
Goldman
Sachs
Group,
Inc.
(The)
46,452
47,655,107
Chemicals
—
1.8%
Sherwin-Williams
Co.
(The)
46,452
15,738,402
Communications
Equipment
—
0.6%
Cisco
Systems,
Inc.
46,451
5,132,371
Consumer
Finance
—
1.8%
American
Express
Co.
46,452
15,337,057
Consumer
Staples
Distribution
&
Retail
—
0.6%
Walmart,
Inc.
46,451
4,871,316
Entertainment
—
0.6%
Walt
Disney
Co.
(The)
46,451
4,995,805
Financial
Services
—
2.0%
Visa,
Inc.,
Class
a
A
46,452
17,622,495
Health
Care
Providers
&
Services
—
2.1%
UnitedHealth
Group,
Inc.
46,452
18,088,873
Hotels,
Restaurants
&
Leisure
—
1.4%
McDonald's
Corp.
46,452
12,241,960
Household
Products
—
0.8%
Procter
&
Gamble
Co.
(The)
46,451
6,740,969
Industrial
Conglomerates
—
2.1%
3M
Co.
46,451
7,981,675
Honeywell
International,
Inc.
46,452
9,918,896
17,900,571
Insurance
—
1.9%
Travelers
Cos.,
Inc.
(The)
46,452
16,998,180
Interactive
Media
&
Services
—
1.8%
Alphabet,
Inc.,
Class
a
A
46,452
15,763,486
Investments
Shares
Value
Common
Stocks
(continued)
IT
Services
—
1.2%
International
Business
Machines
Corp.
46,452
$
10,863,729
Machinery
—
4.3%
Caterpillar,
Inc.
46,452
37,044,077
Oil,
Gas
&
Consumable
Fuels
—
1.1%
Chevron
Corp.
46,451
9,575,409
Pharmaceuticals
—
2.2%
Johnson
&
Johnson
46,452
12,349,264
Merck
&
Co.,
Inc.
46,451
6,863,600
19,212,864
Semiconductors
&
Semiconductor
Equipment
—
1.2%
NVIDIA
Corp.
46,451
10,255,452
Software
—
4.1%
Microsoft
Corp.
46,452
23,564,635
Salesforce,
Inc.
46,451
11,962,991
35,527,626
Specialty
Retail
—
1.7%
Home
Depot,
Inc.
(The)
46,452
15,228,359
Technology
Hardware,
Storage
&
Peripherals
—
1.7%
Apple,
Inc.
46,449
14,717,366
Textiles,
Apparel
&
Luxury
Goods
—
0.2%
NIKE,
Inc.,
Class
a
B
46,451
1,814,376
Total
Common
Stocks
(Cost
$437,951,542)
415,670,009
Exchange
Traded
Funds
(a)
—
20
.2
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$175,105,500)
1,750,000
175,210,000
Principal
Amount
Short-Term
Investments
—
12
.0
%
Repurchase
Agreements
(d)
—
4
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$39,546,067
(Cost
$39,542,121)
$
39,542,121
39,542,121
ULTRAPRO
DOW30
~
SM
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
138
UDOW
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(a)
—
7
.4
%
U.S.
Treasury
Bills
(e)
3.66%,
9/3/2026
$
35,000,000
$
34,993,010
3.66%,
9/22/2026
5,000,000
4,989,375
3.72%,
9/24/2026
25,000,000
24,941,781
Total
U.S.
Treasury
Obligations
(Cost
$64,923,602)
64,924,166
Total
Short-Term
Investments
(Cost
$104,465,723)
104,466,287
Total
Investments
—
80.1%
(Cost
$717,522,765)
695,346,296
Other
assets
less
liabilities
—
19.9%
172,773,901
Net
Assets
—
100.0%
$
868,120,197
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$116,171,988.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
150,180,000
25,032,500
–
–
(2,500)
175,210,000
1,750,000
1,393,619
Futures
Contracts
Purchased
UltraPro
Dow30
SM
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
DJIA
CBOT
E-Mini
Index
445
9/18/2026
U.S.
Dollar
$
118,459,000
$
3,559,556
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
139
UDOW
::
Swap
Agreements
UltraPro
Dow30
SM
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
346,027,466
3/8/2027
Bank
of
America
NA
4.73%
Dow
Jones
Industrial
Average
SM
25,464,795
391,288,666
11/4/2027
Barclays
Bank
PLC
4.83%
Dow
Jones
Industrial
Average
SM
29,978,890
341,878,965
4/6/2027
BNP
Paribas
4.83%
Dow
Jones
Industrial
Average
SM
37,948,684
368,152,800
1/12/2027
Citibank
NA
4.58%
Dow
Jones
Industrial
Average
SM
21,678,763
360,600,402
3/8/2027
Societe
Generale
4.68%
Dow
Jones
Industrial
Average
SM
23,349,744
262,738,346
4/6/2027
UBS
AG
4.68%
Dow
Jones
Industrial
Average
SM
24,015,655
2,070,686,645
162,436,531
Total
Unrealized
Appreciation
162,436,531
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRAPRO
MIDCAP400
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
140
UMDD
::
Investments
Shares
Value
Common
Stocks
—
60
.4
%
Aerospace
&
Defense
—
2.4%
AeroVironment,
Inc.*
165
$
24,478
ATI,
Inc.*
696
142,123
BWX
Technologies,
Inc.
468
71,272
Carpenter
Technology
Corp.
254
121,011
Curtiss-Wright
Corp.
187
108,933
Hexcel
Corp.
383
35,493
Kratos
Defense
&
Security
Solutions,
Inc.*
956
48,737
Moog,
Inc.,
Class
a
A
145
53,867
StandardAero,
Inc.*
968
23,706
Woodward,
Inc.
304
103,305
732,925
Air
Freight
&
Logistics
—
0.1%
GXO
Logistics,
Inc.*
590
28,161
Automobile
Components
—
0.6%
Autoliv,
Inc.
351
42,545
BorgWarner,
Inc.
1,046
67,111
Gentex
Corp.
1,089
24,361
Lear
Corp.
256
31,997
Visteon
Corp.
135
13,746
179,760
Automobiles
—
0.1%
Harley-Davidson,
Inc.
535
14,766
Thor
Industries,
Inc.
270
20,520
35,286
Banks
—
3.4%
Associated
Banc-Corp.
836
25,590
Bank
OZK
525
25,767
Columbia
Banking
System,
Inc.
1,478
43,808
Commerce
Bancshares,
Inc.
690
39,820
Cullen/Frost
Bankers,
Inc.
322
51,800
East
West
Bancorp,
Inc.
699
88,675
First
Financial
Bankshares,
Inc.
666
22,131
First
Horizon
Corp.
2,426
59,000
Flagstar
Bank
NA
1,533
20,404
FNB
Corp.
1,816
33,106
Glacier
Bancorp,
Inc.
657
30,426
Hancock
Whitney
Corp.
415
30,913
Home
BancShares,
Inc.
955
28,134
International
Bancshares
Corp.
278
19,504
Old
National
Bancorp
1,758
44,970
Pinnacle
Financial
Partners,
Inc.
768
76,777
Prosperity
Bancshares,
Inc.
601
43,008
Southstate
Bank
Corp.
498
52,235
Texas
Capital
Bancshares,
Inc.
225
21,866
UMB
Financial
Corp.
366
51,837
United
Bankshares,
Inc.
702
33,085
Valley
National
Bancorp
2,433
33,186
Western
Alliance
Bancorp
524
40,940
Wintrust
Financial
Corp.
343
51,573
Zions
Bancorp
NA
750
50,018
1,018,573
Investments
Shares
Value
Common
Stocks
(continued)
Beverages
—
0.3%
Boston
Beer
Co.,
Inc.
(The),
Class
a
A*
37
$
6,579
Celsius
Holdings,
Inc.*
809
25,443
Coca-Cola
Consolidated,
Inc.
288
56,324
88,346
Biotechnology
—
2.1%
Arrowhead
Pharmaceuticals,
Inc.*
720
59,321
BioMarin
Pharmaceutical,
Inc.*
988
64,447
Cytokinetics,
Inc.*
691
48,999
Exelixis,
Inc.*
1,284
70,158
Halozyme
Therapeutics,
Inc.*
605
64,426
Krystal
Biotech,
Inc.*
133
47,795
Neurocrine
Biosciences,
Inc.*
514
79,171
Roivant
Sciences
Ltd.*
2,304
79,811
United
Therapeutics
Corp.*
218
111,263
625,391
Broadline
Retail
—
0.2%
Macy's,
Inc.
1,349
29,624
Ollie's
Bargain
Outlet
Holdings,
Inc.*
310
23,380
53,004
Building
Products
—
1.1%
AAON,
Inc.
346
26,286
Advanced
Drainage
Systems,
Inc.
367
49,813
Carlisle
Cos.,
Inc.
206
71,395
Fortune
Brands
Innovations,
Inc.
609
26,997
Louisiana-Pacific
Corp.
327
23,057
Owens
Corning
412
56,918
Simpson
Manufacturing
Co.,
Inc.
211
38,531
Trex
Co.,
Inc.*
532
24,248
UFP
Industries,
Inc.
287
24,257
341,502
Capital
Markets
—
1.4%
Affiliated
Managers
Group,
Inc.
134
49,337
Carlyle
Group,
Inc.
(The)
1,323
64,020
Evercore,
Inc.,
Class
a
A
197
56,427
Federated
Hermes,
Inc.,
Class
a
B
371
23,614
Hamilton
Lane,
Inc.,
Class
a
A
210
22,852
Houlihan
Lokey,
Inc.,
Class
a
A
278
37,055
Jefferies
Financial
Group,
Inc.
837
44,060
Morningstar,
Inc.
113
24,740
SEI
Investments
Co.
467
51,828
Stifel
Financial
Corp.
785
63,412
437,345
Chemicals
—
1.0%
Ashland,
Inc.
232
17,013
Avient
Corp.
469
20,664
Axalta
Coating
Systems
Ltd.*
1,095
39,880
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
141
UMDD
::
Investments
Shares
Value
Common
Stocks
(continued)
Cabot
Corp.
264
$
21,835
NewMarket
Corp.
38
34,113
Olin
Corp.
583
10,144
RPM
International,
Inc.
651
67,769
Scotts
Miracle-Gro
Co.
(The)
231
13,814
Solstice
Advanced
Materials,
Inc.
811
51,409
Westlake
Corp.
172
12,912
289,553
Commercial
Services
&
Supplies
—
0.9%
Brink's
Co.
(The)
211
22,984
Clean
Harbors,
Inc.*
254
80,074
MSA
Safety,
Inc.
184
34,366
RB
Global,
Inc.
950
80,351
Tetra
Tech,
Inc.
1,325
47,885
265,660
Communications
Equipment
—
0.1%
Viavi
Solutions,
Inc.*
1,197
43,439
Construction
&
Engineering
—
1.4%
AECOM
655
44,167
API
Group
Corp.*
1,967
77,205
Dycom
Industries,
Inc.*
153
44,555
Fluor
Corp.*
713
38,865
IES
Holdings,
Inc.*
88
26,664
MasTec,
Inc.*
315
75,531
Sterling
Infrastructure,
Inc.*
157
73,801
Valmont
Industries,
Inc.
99
46,496
427,284
Construction
Materials
—
0.2%
Eagle
Materials,
Inc.
161
31,276
Knife
River
Corp.*
289
18,120
49,396
Consumer
Finance
—
0.4%
Ally
Financial,
Inc.
1,424
60,107
FirstCash
Holdings,
Inc.
196
42,036
SLM
Corp.
962
24,983
127,126
Consumer
Staples
Distribution
&
Retail
—
1.2%
Albertsons
Cos.,
Inc.,
Class
a
A
1,817
22,440
BJ's
Wholesale
Club
Holdings,
Inc.*
651
59,013
Maplebear,
Inc.*
842
42,538
Performance
Food
Group
Co.*
801
79,435
Sprouts
Farmers
Market,
Inc.*
482
39,543
US
Foods
Holding
Corp.*
1,125
117,945
360,914
Containers
&
Packaging
—
0.6%
AptarGroup,
Inc.
328
43,171
Crown
Holdings,
Inc.
565
65,760
Graphic
Packaging
Holding
Co.
1,509
16,901
Greif,
Inc.,
Class
a
A
128
10,592
Silgan
Holdings,
Inc.
447
18,569
Investments
Shares
Value
Common
Stocks
(continued)
Sonoco
Products
Co.
504
$
27,796
182,789
Diversified
Consumer
Services
—
0.5%
Duolingo,
Inc.,
Class
a
A*
205
30,414
Graham
Holdings
Co.,
Class
a
B
18
20,320
Grand
Canyon
Education,
Inc.*
133
19,701
H&R
Block,
Inc.
646
33,366
Service
Corp.
International
704
57,475
161,276
Diversified
REITs
—
0.3%
WP
Carey,
Inc.,
REIT
1,139
79,684
Electric
Utilities
—
0.5%
IDACORP,
Inc.
282
38,397
OGE
Energy
Corp.
1,053
48,048
Portland
General
Electric
Co.
590
28,827
TXNM
Energy,
Inc.
509
29,324
144,596
Electrical
Equipment
—
1.3%
Acuity,
Inc.
154
51,096
EnerSys
187
34,382
Nextpower,
Inc.,
Class
a
A*
758
62,179
nVent
Electric
plc
827
124,670
Regal
Rexnord
Corp.
339
53,715
Sensata
Technologies
Holding
plc
741
30,403
Vicor
Corp.*
121
22,709
379,154
Electronic
Equipment,
Instruments
&
Components
—
2.1%
Advanced
Energy
Industries,
Inc.
193
53,434
Arrow
Electronics,
Inc.*
262
53,561
Avnet,
Inc.
420
37,615
Belden,
Inc.
198
22,663
Cognex
Corp.
849
51,755
Crane
NXT
Co.
253
12,372
Fabrinet*
181
74,740
IPG
Photonics
Corp.*
128
9,738
Littelfuse,
Inc.
127
52,347
Novanta,
Inc.*
180
26,320
Sanmina
Corp.*
275
54,098
TD
SYNNEX
Corp.
384
97,094
TTM
Technologies,
Inc.*
532
63,266
Vontier
Corp.
719
23,159
632,162
Energy
Equipment
&
Services
—
0.9%
NOV,
Inc.
1,833
39,025
TechnipFMC
plc
2,036
159,113
Valaris
Ltd.*
331
28,589
Weatherford
International
plc
368
35,979
262,706
Entertainment
—
0.4%
Roku,
Inc.,
Class
a
A*
671
105,300
ULTRAPRO
MIDCAP400
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
142
UMDD
::
Investments
Shares
Value
Common
Stocks
(continued)
Warner
Music
Group
Corp.,
Class
a
A
746
$
21,045
126,345
Financial
Services
—
1.2%
Corebridge
Financial,
Inc.
1,237
40,252
Equitable
Holdings,
Inc.
1,438
72,087
Essent
Group
Ltd.
472
31,888
Euronet
Worldwide,
Inc.*
179
12,442
MGIC
Investment
Corp.
1,081
33,133
Shift4
Payments,
Inc.,
Class
a
A*
299
12,642
Toast,
Inc.,
Class
a
A*
2,398
81,748
Voya
Financial,
Inc.
463
46,911
WEX,
Inc.*
179
34,114
365,217
Food
Products
—
0.4%
Darling
Ingredients,
Inc.*
812
53,811
Ingredion,
Inc.
324
33,521
Marzetti
Co.
(The)
104
11,716
Pilgrim's
Pride
Corp.*
220
6,904
Post
Holdings,
Inc.*
203
16,922
122,874
Gas
Utilities
—
0.6%
National
Fuel
Gas
Co.
488
40,533
New
Jersey
Resources
Corp.
516
27,523
ONE
Gas,
Inc.
322
25,525
Southwest
Gas
Holdings,
Inc.
331
29,237
Spire,
Inc.
302
24,716
UGI
Corp.
1,097
42,180
189,714
Ground
Transportation
—
1.0%
Avis
Budget
Group,
Inc.*
85
12,537
Knight-Swift
Transportation
Holdings,
Inc.,
Class
a
A
831
56,932
Landstar
System,
Inc.
175
31,610
Ryder
System,
Inc.
197
48,159
Saia,
Inc.*
135
47,942
XPO,
Inc.*
599
116,200
313,380
Health
Care
Equipment
&
Supplies
—
0.7%
DENTSPLY
SIRONA,
Inc.
1,023
11,427
Envista
Holdings
Corp.*
832
22,580
Globus
Medical,
Inc.,
Class
a
A*
580
47,195
Haemonetics
Corp.*
236
24,325
Lantheus
Holdings,
Inc.*
331
33,418
LivaNova
plc*
282
22,506
Penumbra,
Inc.*
200
64,620
226,071
Health
Care
Providers
&
Services
—
1.5%
BrightSpring
Health
Services,
Inc.*
807
47,129
Chemed
Corp.
69
35,791
Encompass
Health
Corp.
506
60,826
Ensign
Group,
Inc.
(The)
295
50,817
Investments
Shares
Value
Common
Stocks
(continued)
HealthEquity,
Inc.*
433
$
41,802
Hims
&
Hers
Health,
Inc.*
1,083
32,035
Molina
Healthcare,
Inc.*
267
53,072
Option
Care
Health,
Inc.*
801
18,783
Tenet
Healthcare
Corp.*
439
116,734
456,989
Health
Care
REITs
—
0.8%
American
Healthcare
REIT,
Inc.
985
54,382
CareTrust
REIT,
Inc.
1,205
46,935
Healthcare
Realty
Trust,
Inc.,
Class
a
A,
REIT
1,769
33,682
Omega
Healthcare
Investors,
Inc.,
REIT
1,520
69,494
Sabra
Health
Care
REIT,
Inc.
1,289
26,282
230,775
Health
Care
Technology
—
0.1%
Doximity,
Inc.,
Class
a
A*
685
18,296
Hotel
&
Resort
REITs
—
0.1%
Park
Hotels
&
Resorts,
Inc.,
REIT
1,029
15,744
Hotels,
Restaurants
&
Leisure
—
1.4%
Aramark
1,345
75,737
Boyd
Gaming
Corp.
282
21,880
Cava
Group,
Inc.*
512
33,664
Choice
Hotels
International,
Inc.
104
10,749
Churchill
Downs,
Inc.
337
29,481
Dutch
Bros,
Inc.,
Class
a
A*
650
31,759
Hilton
Grand
Vacations,
Inc.*
307
13,020
Hyatt
Hotels
Corp.,
Class
a
A
210
35,064
Planet
Fitness,
Inc.,
Class
a
A*
404
20,846
Texas
Roadhouse,
Inc.,
Class
a
A
334
65,330
Travel
+
Leisure
Co.
319
21,935
Vail
Resorts,
Inc.(a)
180
24,644
Wingstop,
Inc.
138
15,108
Wyndham
Hotels
&
Resorts,
Inc.
384
28,286
427,503
Household
Durables
—
0.8%
KB
Home
322
17,162
SharkNinja,
Inc.*
362
69,681
Somnigroup
International,
Inc.
1,176
76,146
Toll
Brothers,
Inc.
486
69,717
Whirlpool
Corp.
333
13,600
246,306
Independent
Power
and
Renewable
Electricity
Producers
—
0.3%
Ormat
Technologies,
Inc.
314
32,028
Talen
Energy
Corp.*
230
68,025
100,053
Industrial
REITs
—
0.6%
EastGroup
Properties,
Inc.,
REIT
275
54,862
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
143
UMDD
::
Investments
Shares
Value
Common
Stocks
(continued)
First
Industrial
Realty
Trust,
Inc.,
REIT
678
$
41,955
Rexford
Industrial
Realty,
Inc.,
REIT
1,145
42,411
STAG
Industrial,
Inc.,
REIT
977
36,393
175,621
Insurance
—
2.2%
American
Financial
Group,
Inc.
351
50,035
Brighthouse
Financial,
Inc.*
291
15,429
CNO
Financial
Group,
Inc.
478
26,190
Fidelity
National
Financial,
Inc.
1,293
60,060
First
American
Financial
Corp.
521
38,512
Hanover
Insurance
Group,
Inc.
(The)
181
40,926
Kinsale
Capital
Group,
Inc.
113
42,251
Old
Republic
International
Corp.
1,146
47,822
Primerica,
Inc.
160
46,024
Reinsurance
Group
of
America,
Inc.
333
81,931
RenaissanceRe
Holdings
Ltd.
219
71,753
RLI
Corp.
470
29,831
Ryan
Specialty
Holdings,
Inc.,
Class
a
A
583
24,591
Selective
Insurance
Group,
Inc.
306
27,935
Unum
Group
750
69,915
673,205
Interactive
Media
&
Services
—
0.2%
Pinterest,
Inc.,
Class
a
A*
2,461
53,428
IT
Services
—
1.3%
DigitalOcean
Holdings,
Inc.*
416
46,047
Kyndryl
Holdings,
Inc.*
1,149
15,454
Okta,
Inc.,
Class
a
A*
856
148,122
Twilio,
Inc.,
Class
a
A*
776
182,849
392,472
Leisure
Products
—
0.3%
Brunswick
Corp.
334
25,351
Mattel,
Inc.*
1,484
22,186
Polaris,
Inc.
277
17,877
YETI
Holdings,
Inc.*
385
15,804
81,218
Life
Sciences
Tools
&
Services
—
1.4%
Avantor,
Inc.*
3,489
50,730
Bio-Rad
Laboratories,
Inc.,
Class
a
A*
91
35,137
Bruker
Corp.
568
32,950
Illumina,
Inc.*
774
165,349
Medpace
Holdings,
Inc.*
116
68,903
Repligen
Corp.*
272
49,226
Sotera
Health
Co.*
1,353
25,572
427,867
Machinery
—
3.3%
AGCO
Corp.
307
36,321
Investments
Shares
Value
Common
Stocks
(continued)
Allison
Transmission
Holdings,
Inc.
425
$
53,427
CNH
Industrial
NV
4,496
53,188
Crane
Co.
251
51,472
Donaldson
Co.,
Inc.
590
53,625
Esab
Corp.
291
21,936
Flowserve
Corp.
652
51,567
Graco,
Inc.
847
65,583
ITT,
Inc.
456
91,332
Lincoln
Electric
Holdings,
Inc.
281
79,026
Middleby
Corp.
(The)*
213
23,609
Mueller
Industries,
Inc.
1,130
70,523
Oshkosh
Corp.
319
49,161
RBC
Bearings,
Inc.*
161
79,576
SPX
Technologies,
Inc.*
256
50,368
Terex
Corp.
584
37,090
Timken
Co.
(The)
325
39,146
Toro
Co.
(The)
494
48,318
Watts
Water
Technologies,
Inc.,
Class
a
A
140
51,205
1,006,473
Marine
Transportation
—
0.1%
Kirby
Corp.*
274
38,870
Media
—
0.4%
New
York
Times
Co.
(The),
Class
a
A
823
55,363
Nexstar
Media
Group,
Inc.,
Class
a
A
146
26,591
Sirius
XM
Holdings,
Inc.
963
27,128
109,082
Metals
&
Mining
—
1.9%
Alcoa
Corp.
1,350
67,433
Cleveland-Cliffs,
Inc.*
2,913
33,645
Coeur
Mining,
Inc.
5,285
109,822
Commercial
Metals
Co.
567
38,255
Hecla
Mining
Co.
3,426
68,075
MP
Materials
Corp.*
689
37,723
Reliance,
Inc.
261
100,237
Royal
Gold,
Inc.
417
109,033
564,223
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.4%
Annaly
Capital
Management,
Inc.
3,743
85,790
Starwood
Property
Trust,
Inc.
1,779
27,930
113,720
Multi-Utilities
—
0.2%
Black
Hills
Corp.
387
27,740
Northwestern
Energy
Group,
Inc.
314
21,716
49,456
Office
REITs
—
0.3%
COPT
Defense
Properties,
REIT
577
20,772
Cousins
Properties,
Inc.,
REIT
842
24,410
ULTRAPRO
MIDCAP400
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
144
UMDD
::
Investments
Shares
Value
Common
Stocks
(continued)
Kilroy
Realty
Corp.,
REIT
546
$
19,820
Vornado
Realty
Trust,
REIT
806
30,128
95,130
Oil,
Gas
&
Consumable
Fuels
—
2.3%
Antero
Midstream
Corp.
1,699
38,092
Antero
Resources
Corp.*
1,505
57,912
Chord
Energy
Corp.
286
42,073
CNX
Resources
Corp.*
723
26,303
DT
Midstream,
Inc.
522
68,392
HF
Sinclair
Corp.
784
79,662
Matador
Resources
Co.
595
34,516
Murphy
Oil
Corp.
690
25,130
Ovintiv,
Inc.
1,404
92,173
PBF
Energy,
Inc.,
Class
a
A
430
31,386
Permian
Resources
Corp.,
Class
a
A
4,019
93,603
Range
Resources
Corp.
1,202
49,667
Viper
Energy,
Inc.,
Class
a
A
993
44,476
683,385
Passenger
Airlines
—
0.2%
Alaska
Air
Group,
Inc.*
570
23,558
American
Airlines
Group,
Inc.*
3,379
45,380
68,938
Personal
Care
Products
—
0.1%
elf
Beauty,
Inc.*
301
32,824
Pharmaceuticals
—
0.5%
Elanco
Animal
Health,
Inc.*
2,551
61,020
Jazz
Pharmaceuticals
plc*
322
80,719
141,739
Professional
Services
—
1.5%
Booz
Allen
Hamilton
Holding
Corp.,
Class
a
A
616
46,600
CACI
International,
Inc.,
Class
a
A*
114
71,023
ExlService
Holdings,
Inc.*
782
29,779
Exponent,
Inc.
248
17,611
FTI
Consulting,
Inc.*
151
22,736
Genpact
Ltd.
804
30,536
KBR,
Inc.
646
24,225
Maximus,
Inc.
269
15,540
Parsons
Corp.*
274
13,327
Paylocity
Holding
Corp.*
223
35,729
Science
Applications
International
Corp.
222
28,465
TransUnion
986
83,721
UL
Solutions,
Inc.,
Class
a
A
397
29,585
448,877
Real
Estate
Management
&
Development
—
0.3%
Jones
Lang
LaSalle,
Inc.*
235
85,979
Residential
REITs
—
0.7%
American
Homes
4
Rent,
Class
a
A,
REIT
1,617
53,846
Investments
Shares
Value
Common
Stocks
(continued)
Equity
LifeStyle
Properties,
Inc.,
REIT
992
$
62,942
Independence
Realty
Trust,
Inc.,
REIT
1,200
19,416
Sun
Communities,
Inc.,
REIT
590
71,638
207,842
Retail
REITs
—
0.5%
Agree
Realty
Corp.,
REIT
612
44,217
Brixmor
Property
Group,
Inc.,
REIT
1,566
45,242
Kite
Realty
Group
Trust,
REIT
1,039
26,806
NNN
REIT,
Inc.
972
43,934
160,199
Semiconductors
&
Semiconductor
Equipment
—
2.5%
Allegro
MicroSystems,
Inc.*
636
23,055
Amkor
Technology,
Inc.
584
27,623
Cirrus
Logic,
Inc.*
261
28,582
Entegris,
Inc.
780
105,526
Lattice
Semiconductor
Corp.*
699
80,623
MACOM
Technology
Solutions
Holdings,
Inc.*
333
87,855
MKS,
Inc.
344
88,147
Onto
Innovation,
Inc.*
254
67,871
Rambus,
Inc.*
552
47,853
Semtech
Corp.*
477
63,422
Silicon
Laboratories,
Inc.*
169
37,020
SiTime
Corp.*
114
64,458
Synaptics,
Inc.*
197
19,054
Universal
Display
Corp.
224
18,630
759,719
Software
—
2.3%
Appfolio,
Inc.,
Class
a
A*
124
29,042
Bentley
Systems,
Inc.,
Class
a
B
761
27,967
BILL
Holdings,
Inc.*
452
22,252
Commvault
Systems,
Inc.*
212
29,154
Docusign,
Inc.,
Class
a
A*
994
65,872
Dolby
Laboratories,
Inc.,
Class
a
A
308
18,961
Dropbox,
Inc.,
Class
a
A*
765
26,920
Dynatrace,
Inc.*
1,507
82,267
Guidewire
Software,
Inc.*
435
89,066
InterDigital,
Inc.
131
43,889
Manhattan
Associates,
Inc.*
302
67,403
Nutanix,
Inc.,
Class
a
A*
1,353
92,775
Pegasystems,
Inc.
461
16,970
Qualys,
Inc.*
178
33,133
UiPath,
Inc.,
Class
a
A*
2,180
40,701
686,372
Specialized
REITs
—
0.7%
CubeSmart,
REIT
1,155
45,877
EPR
Properties,
REIT
389
22,838
Gaming
and
Leisure
Properties,
Inc.,
REIT
1,447
60,875
Lamar
Advertising
Co.,
Class
a
A,
REIT
444
66,161
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
145
UMDD
::
Investments
Shares
Value
Common
Stocks
(continued)
Rayonier,
Inc.,
REIT
1,412
$
28,946
224,697
Specialty
Retail
—
1.8%
Abercrombie
&
Fitch
Co.,
Class
a
A*
230
32,908
AutoNation,
Inc.*
126
25,358
Bath
&
Body
Works,
Inc.
1,029
19,808
Burlington
Stores,
Inc.*
323
83,902
Chewy,
Inc.,
Class
a
A*
1,227
29,203
Dick's
Sporting
Goods,
Inc.
335
45,258
Five
Below,
Inc.*
281
69,362
Floor
&
Decor
Holdings,
Inc.,
Class
a
A*
552
27,749
GameStop
Corp.,
Class
a
A(a)
2,108
38,745
Gap,
Inc.
(The)
1,139
25,411
Lithia
Motors,
Inc.,
Class
a
A
118
43,344
Murphy
USA,
Inc.
84
43,293
Penske
Automotive
Group,
Inc.
94
20,359
RH*
77
11,485
Valvoline,
Inc.*
650
20,839
537,024
Technology
Hardware,
Storage
&
Peripherals
—
0.5%
Everpure,
Inc.,
Class
a
A*
1,610
149,650
Textiles,
Apparel
&
Luxury
Goods
—
0.3%
Capri
Holdings
Ltd.*
608
8,056
Columbia
Sportswear
Co.
124
7,118
Crocs,
Inc.*
254
30,577
PVH
Corp.
234
17,353
VF
Corp.
1,678
22,552
85,656
Trading
Companies
&
Distributors
—
1.0%
Applied
Industrial
Technologies,
Inc.
188
60,908
Core
&
Main,
Inc.,
Class
a
A*
961
41,285
GATX
Corp.
180
31,487
MSC
Industrial
Direct
Co.,
Inc.,
Class
a
A
232
27,580
Watsco,
Inc.
181
56,077
WESCO
International,
Inc.
249
84,760
302,097
Water
Utilities
—
0.2%
Essential
Utilities,
Inc.
1,451
59,738
Total
Common
Stocks
(Cost
$17,062,917)
18,200,800
Securities
Lending
Reinvestments
(b)
—
0
.0
%
(c)
Investment
Companies
—
0
.0
%
(c)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$2,610)
2,610
2,610
Investments
Principal
Amount
Value
Short-Term
Investments
—
5
.5
%
Repurchase
Agreements
(e)
—
5
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,649,722
(Cost
$1,649,559)
$
1,649,559
$
1,649,559
Total
Investments
—
65.9%
(Cost
$18,715,086)
19,852,969
Other
assets
less
liabilities
—
34.1%
10,266,638
Net
Assets
—
100.0%
$
30,119,607
*
Non-income
producing
security.
(a)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$43,900,
collateralized
in
the
form
of
cash
with
a
value
of
$2,610
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$42,751
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.13%
–
5.25%,
and
maturity
dates
ranging
from
February
28,
2027
–
August
15,
2053.
The
total
value
of
collateral
is
$45,361.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$2,610.
(c)
Represents
less
than
0.05%
of
net
assets.
(d)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(e)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Abbreviations
REIT
Real
Estate
Investment
Trust
ULTRAPRO
MIDCAP400
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
146
UMDD
::
Futures
Contracts
Purchased
UltraPro
MidCap400
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Depreciation
AAAAAA
S&P
Midcap
400
®
E-Mini
Index
11
9/18/2026
U.S.
Dollar
$
4,143,810
$
(
36,672
)
Swap
Agreements
UltraPro
MidCap400
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
3,376,696
4/6/2027
Bank
of
America
NA
4.68%
S&P
MidCap
400
®
2,319,949
15,040,960
4/6/2028
BNP
Paribas
4.73%
S&P
MidCap
400
®
1,427,471
16,759,390
11/4/2027
Citibank
NA
4.43%
S&P
MidCap
400
®
(
334,257
)
13,798,261
3/6/2028
Goldman
Sachs
International
4.28%
S&P
MidCap
400
®
(
113,433
)
8,306,370
3/8/2027
Societe
Generale
4.53%
S&P
MidCap
400
®
1,159,416
10,739,245
1/12/2027
UBS
AG
4.68%
S&P
MidCap
400
®
1,023,756
68,020,922
5,482,902
Total
Unrealized
Appreciation
5,930,592
Total
Unrealized
Depreciation
(
447,690
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
QQQ
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
147
TQQQ
::
Investments
Shares
Value
Common
Stocks
(a)
—
38
.0
%
Aerospace
&
Defense
—
0.2%
Axon
Enterprise,
Inc.*
48,683
$
27,581,841
Honeywell
Aerospace,
Inc.*
191,357
30,255,455
Rocket
Lab
Corp.*
349,589
22,345,729
80,183,025
Automobiles
—
1.1%
Tesla,
Inc.*
1,092,855
402,115,997
Beverages
—
0.6%
Coca-Cola
Europacific
Partners
plc
269,287
29,088,382
Keurig
Dr
Pepper,
Inc.
821,665
26,178,247
Monster
Beverage
Corp.*
1,181,382
54,249,061
PepsiCo,
Inc.
825,412
115,838,320
225,354,010
Biotechnology
—
1.1%
Alnylam
Pharmaceuticals,
Inc.*
80,581
19,395,041
Amgen,
Inc.
325,970
140,127,983
Gilead
Sciences,
Inc.
749,785
109,723,537
Regeneron
Pharmaceuticals,
Inc.
62,175
49,682,799
Vertex
Pharmaceuticals,
Inc.*
153,354
83,504,320
402,433,680
Broadline
Retail
—
2.0%
Amazon.com,
Inc.*
2,352,822
611,192,571
MercadoLibre,
Inc.*
30,643
59,330,977
PDD
Holdings,
Inc.,
ADR*
403,371
33,883,164
704,406,712
Chemicals
—
0.4%
Linde
plc
279,198
136,689,757
Commercial
Services
&
Supplies
—
0.2%
Cintas
Corp.
241,589
48,750,245
Copart,
Inc.*
559,080
18,444,049
67,194,294
Communications
Equipment
—
0.9%
Cisco
Systems,
Inc.
2,380,329
263,002,551
Lumentum
Holdings,
Inc.*
46,933
42,932,431
305,934,982
Construction
&
Engineering
—
0.1%
Ferrovial
NV
434,537
25,442,141
Consumer
Staples
Distribution
&
Retail
—
1.6%
Costco
Wholesale
Corp.
267,905
252,872,850
Walmart,
Inc.
2,946,095
308,956,983
561,829,833
Diversified
Telecommunication
Services
—
0.6%
Comcast
Corp.,
Class
a
A
2,151,748
57,279,532
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Space
Exploration
Technologies
Corp.,
Class
a
A*
1,157,491
$
166,319,882
223,599,414
Electric
Utilities
—
0.4%
American
Electric
Power
Co.,
Inc.
328,588
40,229,029
Constellation
Energy
Corp.
218,173
59,947,395
Exelon
Corp.
617,843
27,012,096
Xcel
Energy,
Inc.
376,998
28,534,979
155,723,499
Energy
Equipment
&
Services
—
0.1%
Baker
Hughes
Co.,
Class
a
A
599,171
38,077,317
Entertainment
—
0.8%
Netflix,
Inc.*
2,543,065
206,115,418
Take-Two
Interactive
Software,
Inc.*
112,134
24,635,840
Warner
Bros
Discovery,
Inc.*
1,514,145
43,198,557
273,949,815
Financial
Services
—
0.1%
PayPal
Holdings,
Inc.
532,789
28,059,333
Food
Products
—
0.2%
Kraft
Heinz
Co.
(The)
716,087
18,381,953
Mondelez
International,
Inc.,
Class
a
A
775,287
48,122,064
66,504,017
Ground
Transportation
—
0.2%
CSX
Corp.
1,122,214
56,683,029
Old
Dominion
Freight
Line,
Inc.
125,553
25,105,578
81,788,607
Health
Care
Equipment
&
Supplies
—
0.4%
Dexcom,
Inc.*
233,078
21,224,083
GE
HealthCare
Technologies,
Inc.
274,782
19,572,722
IDEXX
Laboratories,
Inc.*
47,609
26,503,454
Intuitive
Surgical,
Inc.*
213,911
80,614,499
147,914,758
Hotels,
Restaurants
&
Leisure
—
0.9%
Airbnb,
Inc.,
Class
a
A*
252,368
46,238,865
Booking
Holdings,
Inc.
468,000
93,174,120
DoorDash,
Inc.,
Class
a
A*
248,472
57,580,901
Marriott
International,
Inc.,
Class
a
A
159,206
54,410,243
Starbucks
Corp.
688,313
73,133,256
324,537,385
Industrial
Conglomerates
—
0.1%
Honeywell
International,
Inc.
191,357
40,860,460
Interactive
Media
&
Services
—
3.3%
Alphabet,
Inc.,
Class
a
A
1,274,046
432,347,510
Alphabet,
Inc.,
Class
a
C
1,193,599
400,345,040
ULTRAPRO
QQQ
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
148
TQQQ
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Meta
Platforms,
Inc.,
Class
a
A
647,855
$
370,793,331
1,203,485,881
IT
Services
—
0.4%
CoreWeave,
Inc.,
Class
a
A*
270,340
22,949,163
Shopify,
Inc.,
Class
a
A*
736,546
108,544,784
131,493,947
Machinery
—
0.1%
PACCAR,
Inc.
317,841
39,453,603
Media
—
0.2%
AppLovin
Corp.,
Class
a
A*
184,683
57,632,177
Oil,
Gas
&
Consumable
Fuels
—
0.1%
Diamondback
Energy,
Inc.
169,943
34,070,173
Professional
Services
—
0.3%
Automatic
Data
Processing,
Inc.
241,368
69,069,867
Paychex,
Inc.
216,377
27,553,447
Thomson
Reuters
Corp.
230,091
24,693,366
121,316,680
Semiconductors
&
Semiconductor
Equipment
—
11.9%
Advanced
Micro
Devices,
Inc.*
984,819
463,574,000
Analog
Devices,
Inc.
294,140
106,519,860
Applied
Materials,
Inc.
479,535
219,814,049
ARM
Holdings
plc,
ADR*
256,131
61,960,650
ASML
Holding
NV
(Registered),
ADR
55,327
93,835,145
Astera
Labs,
Inc.*
103,483
30,732,381
Broadcom,
Inc.
1,037,261
384,139,239
Intel
Corp.*
3,034,533
271,621,049
KLA
Corp.
788,906
138,413,558
Lam
Research
Corp.
755,263
227,704,242
Marvell
Technology,
Inc.
528,352
111,830,984
Microchip
Technology,
Inc.
327,339
24,043,050
Micron
Technology,
Inc.
681,095
652,986,209
Monolithic
Power
Systems,
Inc.
29,664
37,607,129
NVIDIA
Corp.
5,294,040
1,168,818,151
NXP
Semiconductors
NV
152,455
34,247,491
QUALCOMM,
Inc.
636,574
108,523,135
Teradyne,
Inc.
94,583
33,087,971
Texas
Instruments,
Inc.
549,803
143,449,101
4,312,907,394
Software
—
5.3%
Adobe,
Inc.*
244,142
71,482,336
Autodesk,
Inc.*
127,446
32,948,614
Cadence
Design
Systems,
Inc.*
166,525
56,415,340
Crowdstrike
Holdings,
Inc.,
Class
a
A*
615,057
142,078,167
Datadog,
Inc.,
Class
a
A*
199,846
47,371,496
Fortinet,
Inc.*
442,518
75,639,602
Intuit,
Inc.
165,225
59,365,343
Microsoft
Corp.
1,625,019
824,355,889
Nebius
Group
NV,
Class
a
A(b)
132,993
27,439,116
Palantir
Technologies,
Inc.,
Class
a
A*
1,386,672
258,447,927
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Palo
Alto
Networks,
Inc.*
492,791
$
188,310,225
Roper
Technologies,
Inc.
60,988
25,897,944
Strategy,
Inc.,
Class
a
A*
199,793
26,560,481
Synopsys,
Inc.*
115,638
50,833,308
Workday,
Inc.,
Class
a
A*
121,441
23,978,525
1,911,124,313
Specialty
Retail
—
0.2%
O'Reilly
Automotive,
Inc.*
500,478
44,442,446
Ross
Stores,
Inc.
194,553
44,463,143
88,905,589
Technology
Hardware,
Storage
&
Peripherals
—
3.8%
Apple,
Inc.
3,213,077
1,018,063,448
Sandisk
Corp.*
89,479
140,186,749
Seagate
Technology
Holdings
plc
135,438
112,194,130
Western
Digital
Corp.
208,132
93,773,873
1,364,218,200
Trading
Companies
&
Distributors
—
0.1%
Fastenal
Co.
693,393
34,191,209
Wireless
Telecommunication
Services
—
0.3%
T-Mobile
US,
Inc.
653,567
117,929,629
Total
Common
Stocks
(Cost
$14,472,455,598)
13,709,327,831
Exchange
Traded
Funds
(a)
—
18
.1
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(c)(d)
(Cost
$6,515,643,645)
65,122,500
6,520,064,700
Securities
Lending
Reinvestments
(e)
—
0
.0
%
(f)
Investment
Companies
—
0
.0
%
(f)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(g)
(Cost
$1,336,297)
1,336,297
1,336,297
Principal
Amount
Short-Term
Investments
—
19.0%
Repurchase
Agreements
(h)
—
0.7%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$248,273,226
(Cost
$248,248,459)
$
248,248,459
248,248,459
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
QQQ
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
149
TQQQ
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(a)
—
18.3%
U.S.
Treasury
Bills(i)
3.65%,
9/3/2026
$
800,000,000
$
799,840,224
3.69%,
9/17/2026
250,000,000
249,596,185
3.66%,
9/22/2026
850,000,000
848,193,843
3.72%,
9/24/2026
200,000,000
199,534,250
3.69%,
9/29/2026
400,000,000
398,849,976
3.72%,
10/1/2026
200,000,000
199,386,806
3.70%,
10/6/2026
1,000,000,000
996,414,860
3.81%,
10/15/2026
100,000,000
99,546,571
3.79%,
11/3/2026
350,000,000
347,707,756
3.77%,
11/5/2026
400,000,000
397,300,696
3.77%,
11/10/2026
750,000,000
744,574,268
3.81%,
12/1/2026
800,000,000
792,470,056
3.79%,
12/24/2026
550,000,000
543,388,631
Total
U.S.
Treasury
Obligations
(Cost
$6,616,857,333)
6,616,804,122
Total
Short-Term
Investments
(Cost
$6,865,105,792)
6,865,052,581
Total
Investments
—
75.1%
(Cost
$27,854,541,332)
27,095,781,409
Other
assets
less
liabilities
—
24.9%
9,007,661,105
Net
Assets
—
100.0%
$
36,103,442,514
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$11,774,397,691.
(b)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$19,293,190,
collateralized
in
the
form
of
cash
with
a
value
of
$1,336,297
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$18,796,095
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.13%
–
5.25%,
and
maturity
dates
ranging
from
February
28,
2027
–
August
15,
2053.
The
total
value
of
collateral
is
$20,132,392.
(c)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(d)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(e)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$1,336,297.
(f)
Represents
less
than
0.05%
of
net
assets.
(g)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(h)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(i)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Abbreviations
ADR
American
Depositary
Receipt
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
7,298,748,000
1,583,960,745
(2,361,934,943)
152,133
(861,235)
6,520,064,700
65,122,500
55,890,423
Futures
Contracts
Purchased
UltraPro
QQQ
®
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
Nasdaq-100
E-Mini
Index
7,870
9/18/2026
U.S.
Dollar
$
4,645,346,200
$
41,863,134
ULTRAPRO
QQQ
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
150
TQQQ
::
Swap
Agreements
UltraPro
QQQ
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
10,572,460,017
11/4/2027
Bank
of
America
NA
4.78%
Nasdaq-100
Index
®
827,539,486
10,275,651,587
11/4/2027
Barclays
Bank
PLC
4.88%
Nasdaq-100
Index
®
1,110,074,073
9,977,252,481
3/8/2027
BNP
Paribas
4.98%
Nasdaq-100
Index
®
905,596,526
10,216,855,475
3/8/2027
Citibank
NA
4.88%
Nasdaq-100
Index
®
944,068,774
8,946,994,955
11/8/2027
Goldman
Sachs
International
4.98%
Nasdaq-100
Index
®
1,085,170,365
7,882,567,344
11/8/2027
J.P.
Morgan
Securities,
LLC
4.68%
Nasdaq-100
Index
®
723,813,542
6,074,027,214
11/4/2027
Morgan
Stanley
&
Co.
International
plc
4.98%
Nasdaq-100
Index
®
656,373,600
6,238,780,047
1/12/2027
Nomura
Global
Financial
Products
Inc.
4.93%
Nasdaq-100
Index
®
969,717,702
10,141,357,261
11/4/2027
Societe
Generale
4.98%
Nasdaq-100
Index
®
773,484,152
9,629,778,063
4/6/2028
UBS
AG
4.68%
Nasdaq-100
Index
®
638,053,480
89,955,724,444
8,633,891,700
Total
Unrealized
Appreciation
8,633,891,700
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
151
URTY
::
Investments
Shares
Value
Common
Stocks
—
39
.7
%
Aerospace
&
Defense
—
0.7%
AAR
Corp.*
1,624
$
209,967
AerSale
Corp.*
1,501
8,240
Aevex
Corp.,
Class
a
A(a)
735
12,936
AIRO
Group
Holdings,
Inc.*
901
6,866
Archer
Aviation,
Inc.,
Class
a
A*
27,375
158,228
Astronics
Corp.*
1,305
96,139
Beta
Technologies,
Inc.,
Class
a
A*
1,375
27,637
Cadre
Holdings,
Inc.
1,279
37,935
Ducommun,
Inc.*
572
98,052
Eve
Holding,
Inc.*
4,042
9,094
Firefly
Aerospace,
Inc.*
3,242
68,471
Innovative
Solutions
and
Support,
Inc.*
602
11,438
Intuitive
Machines,
Inc.*
5,198
79,841
Mercury
Systems,
Inc.*
2,290
199,986
Moog,
Inc.,
Class
a
A
1,164
432,426
National
Presto
Industries,
Inc.
222
33,680
Park
Aerospace
Corp.
752
24,470
Red
Cat
Holdings,
Inc.(a)
4,519
38,818
Redwire
Corp.*
7,954
85,108
Satellogic,
Inc.,
Class
a
A*
3,872
18,857
Sidus
Space,
Inc.,
Class
a
A(a)
3,349
7,267
Starfighters
Space,
Inc.(a)
1,250
4,150
Swarmer,
Inc.(a)
144
4,772
TAT
Technologies
Ltd.*
487
17,693
V2X,
Inc.*
1,192
91,975
Virgin
Galactic
Holdings,
Inc.*
3,926
11,464
Voyager
Technologies,
Inc.,
Class
a
A*
2,111
70,993
VSE
Corp.
1,150
239,982
York
Space
Systems,
Inc.(a)
776
7,054
2,113,539
Air
Freight
&
Logistics
—
0.0%(b)
Forward
Air
Corp.*
938
15,946
Hub
Group,
Inc.,
Class
a
A
2,454
97,841
Radiant
Logistics,
Inc.*
1,481
12,648
126,435
Automobile
Components
—
0.5%
Adient
plc*
3,223
61,140
Cooper-Standard
Holdings,
Inc.*
701
18,773
Dana,
Inc.
4,501
134,940
Dauch
Corp.*
9,649
60,403
Dorman
Products,
Inc.*
1,098
141,477
Fox
Factory
Holding
Corp.*
1,734
35,426
Garrett
Motion,
Inc.
7,091
191,102
Gentherm,
Inc.*
1,253
49,230
Goodyear
Tire
&
Rubber
Co.
(The)*
11,466
71,892
Holley,
Inc.*
3,175
9,081
LCI
Industries
978
98,416
Motorcar
Parts
of
America,
Inc.*
531
6,170
Patrick
Industries,
Inc.
1,319
107,789
Phinia,
Inc.
1,510
103,344
Solid
Power,
Inc.*
8,241
19,202
Investments
Shares
Value
Common
Stocks
(continued)
Standard
Motor
Products,
Inc.
880
$
33,194
Stoneridge,
Inc.*
1,140
7,889
Strattec
Security
Corp.*
168
11,784
Versigent
plc*
2,933
139,024
Visteon
Corp.
1,093
111,289
XPEL,
Inc.*(c)
1,040
51,230
1,462,795
Automobiles
—
0.1%
Harley-Davidson,
Inc.
4,279
118,100
Livewire
Group,
Inc.(a)
504
615
Lucid
Group,
Inc.,
Class
a
A(a)
5,182
25,133
Winnebago
Industries,
Inc.
1,134
34,122
177,970
Banks
—
4.2%
1st
Source
Corp.
735
62,938
ACNB
Corp.
414
26,906
Amalgamated
Financial
Corp.
747
35,908
Amerant
Bancorp,
Inc.,
Class
a
A
1,398
40,137
Ameris
Bancorp
2,687
226,380
Ames
National
Corp.
365
11,494
Arrow
Financial
Corp.
668
25,210
Associated
Banc-Corp.
5,915
181,058
Atlantic
Union
Bankshares
Corp.
5,872
236,818
Avidbank
Holdings,
Inc.*
376
11,821
Avidia
Bancorp,
Inc.
744
16,480
Axos
Financial,
Inc.*
2,254
218,165
Banc
of
California,
Inc.
6,265
116,654
BancFirst
Corp.
882
96,332
Bancorp,
Inc.
(The)*
1,633
106,145
Bank
First
Corp.
421
63,428
Bank
of
Hawaii
Corp.
1,621
123,083
Bank
of
Marin
Bancorp
608
16,161
Bank
of
NT
Butterfield
&
Son
Ltd.
(The)
1,641
96,622
Bank7
Corp.
178
9,142
BankUnited,
Inc.
3,033
138,305
Bankwell
Financial
Group,
Inc.
246
16,172
Banner
Corp.
1,378
96,653
Bar
Harbor
Bankshares
676
26,519
BayCom
Corp.
420
12,529
BCB
Bancorp,
Inc.
657
5,617
Beacon
Financial
Corp.
3,461
107,464
Blue
Ridge
Bankshares,
Inc.
2,672
10,421
Bridgewater
Bancshares,
Inc.*
874
18,415
Burke
&
Herbert
Financial
Services
Corp.
626
44,640
Business
First
Bancshares,
Inc.
1,291
40,047
BV
Financial,
Inc.*
276
5,862
Byline
Bancorp,
Inc.
1,260
47,779
C&F
Financial
Corp.
122
11,103
California
BanCorp
1,063
22,621
Camden
National
Corp.
688
38,858
Capital
Bancorp,
Inc.
455
16,444
Capital
City
Bank
Group,
Inc.
571
28,824
Capitol
Federal
Financial,
Inc.
4,978
42,861
Carter
Bankshares,
Inc.
902
28,178
Cathay
General
Bancorp
2,669
163,369
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
152
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
CB
Financial
Services,
Inc.
191
$
7,138
Central
Pacific
Financial
Corp.
1,061
39,490
CF
Bankshares,
Inc.
208
7,188
Chain
Bridge
Bancorp,
Inc.,
Class
a
A*
107
4,905
Chemung
Financial
Corp.
166
13,458
ChoiceOne
Financial
Services,
Inc.
585
19,428
Citizens
&
Northern
Corp.
711
18,017
Citizens
Community
Bancorp,
Inc.
375
7,811
Citizens
Financial
Services,
Inc.
188
15,104
City
Holding
Co.
573
81,910
Civista
Bancshares,
Inc.
849
22,906
CNB
Financial
Corp.
1,202
40,652
Coastal
Financial
Corp.*
537
25,298
CoastalSouth
Bancshares,
Inc.
333
9,128
Colony
Bankcorp,
Inc.
849
17,956
Columbia
Financial,
Inc.
10,883
126,460
Commercial
Bancgroup,
Inc.
351
11,857
Community
Bancorp
207
8,379
Community
Financial
System,
Inc.
2,176
136,544
Community
Trust
Bancorp,
Inc.
658
50,094
Community
West
Bancshares
998
25,878
ConnectOne
Bancorp,
Inc.
1,988
62,503
Customers
Bancorp,
Inc.*
1,268
99,132
CVB
Financial
Corp.
6,961
154,325
Dime
Commercial
Bancshares,
Inc.
1,668
67,387
Eagle
Bancorp
Montana,
Inc.
307
6,861
Eagle
Bancorp,
Inc.
1,165
31,793
Eagle
Financial
Services,
Inc.
195
8,055
Eastern
Bankshares,
Inc.
8,951
196,564
ECB
Bancorp,
Inc.*
302
6,251
Enterprise
Financial
Services
Corp.
1,500
94,845
Equity
Bancshares,
Inc.,
Class
a
A
711
35,095
Esquire
Financial
Holdings,
Inc.
297
33,181
Farmers
&
Merchants
Bancorp,
Inc.
551
18,706
Farmers
National
Banc
Corp.
2,412
37,651
FB
Bancorp,
Inc.*
649
10,176
FB
Financial
Corp.
1,806
102,870
Fidelity
D&D
Bancorp,
Inc.
195
10,446
Financial
Institutions,
Inc.
800
32,416
Finwise
Bancorp*
391
5,437
First
Bancorp
1,663
105,484
First
Bancorp
6,352
177,094
First
Bancorp,
Inc.
(The)
444
15,211
First
Bank
901
16,038
First
Busey
Corp.
3,334
100,353
First
Business
Financial
Services,
Inc.
328
22,917
First
Capital,
Inc.
135
8,388
First
Commonwealth
Financial
Corp.
4,180
86,526
First
Community
Bankshares,
Inc.
673
32,634
First
Community
Corp.
358
11,850
Investments
Shares
Value
Common
Stocks
(continued)
First
Financial
Bancorp
4,328
$
141,223
First
Financial
Bankshares,
Inc.
5,445
180,937
First
Financial
Corp.
472
36,948
First
Guaranty
Bancshares,
Inc.(a)
245
2,080
First
Internet
Bancorp
314
8,585
First
Interstate
BancSystem,
Inc.,
Class
a
A
3,729
137,264
First
Merchants
Corp.
2,586
107,241
First
Mid
Bancshares,
Inc.
1,000
49,760
First
National
Corp.
323
9,868
First
Northern
Community
Bancorp*
610
10,169
First
United
Corp.
247
10,596
First
Western
Financial,
Inc.*
351
10,870
Firstsun
Capital
Bancorp*
1,012
40,490
Five
Star
Bancorp
638
29,233
Flagstar
Bank
NA
12,618
167,946
Franklin
Financial
Services
Corp.
174
10,779
FS
Bancorp,
Inc.
264
11,167
Fulton
Financial
Corp.
7,959
186,718
FVCBankcorp,
Inc.
619
11,303
GBank
Financial
Holdings,
Inc.*
388
7,593
German
American
Bancorp,
Inc.
1,518
74,868
Glacier
Bancorp,
Inc.
5,392
249,704
Great
Southern
Bancorp,
Inc.
326
25,516
Greene
County
Bancorp,
Inc.
289
9,939
Hancock
Whitney
Corp.
3,369
250,957
Hanmi
Financial
Corp.
1,214
37,634
Hanover
Bancorp,
Inc.
181
4,836
Hawthorn
Bancshares,
Inc.
235
9,144
HBT
Financial,
Inc.
659
23,381
Heritage
Financial
Corp.
1,688
48,226
Hilltop
Holdings,
Inc.
1,639
62,364
Hingham
Institution
For
Savings
(The)
67
19,314
Home
Bancorp,
Inc.
288
19,725
Home
BancShares,
Inc.
7,677
226,164
HomeTrust
Bancshares,
Inc.
628
29,164
Hope
Bancorp,
Inc.
5,083
70,095
Horizon
Bancorp,
Inc.
2,083
40,452
Independent
Bank
Corp.
815
29,739
Independent
Bank
Corp.
1,993
161,792
International
Bancshares
Corp.
2,256
158,281
Investar
Holding
Corp.
520
15,668
Isabella
Bank
Corp.(a)
282
10,784
John
Marshall
Bancorp,
Inc.
511
11,671
Kearny
Financial
Corp.
2,387
23,560
Lakeland
Financial
Corp.
1,007
59,504
Landmark
Bancorp,
Inc.
213
6,769
LCNB
Corp.
561
10,844
Live
Oak
Bancshares,
Inc.
1,484
58,455
MainStreet
Bancshares,
Inc.
258
6,435
Mechanics
Bancorp
1,633
25,703
Mercantile
Bank
Corp.
700
41,832
Meridian
Corp.
395
7,612
Metrocity
Bankshares,
Inc.
950
33,079
Metropolitan
Bank
Holding
Corp.
453
41,123
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
153
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Mid
Penn
Bancorp,
Inc.
879
$
32,004
Midland
States
Bancorp,
Inc.
793
26,002
MVB
Financial
Corp.
481
14,560
National
Bank
Holdings
Corp.,
Class
a
A
1,776
73,331
National
Bankshares,
Inc.
257
10,588
NB
Bancorp,
Inc.
1,653
36,911
NBT
Bancorp,
Inc.
2,105
108,239
Nicolet
Bankshares,
Inc.
811
137,335
Northeast
Bank
310
39,106
Northeast
Community
Bancorp,
Inc.
504
13,280
Northpointe
Bancshares,
Inc.
842
14,306
Northrim
Bancorp,
Inc.
900
23,013
Northwest
Bancshares,
Inc.
6,045
92,428
Norwood
Financial
Corp.
417
14,245
Oak
Valley
Bancorp
293
9,842
OceanFirst
Financial
Corp.
3,437
64,753
OFG
Bancorp
1,751
91,140
Ohio
Valley
Banc
Corp.
157
7,180
Old
National
Bancorp
14,198
363,185
Old
Second
Bancorp,
Inc.
2,062
51,715
OP
Bancorp
495
7,430
Orange
County
Bancorp,
Inc.
513
19,468
Origin
Bancorp,
Inc.
1,226
65,137
Orrstown
Financial
Services,
Inc.
779
32,484
Park
National
Corp.
688
134,360
Parke
Bancorp,
Inc.
413
13,939
Pathward
Financial,
Inc.
877
71,440
PCB
Bancorp
440
12,025
Peapack-Gladstone
Financial
Corp.
656
29,284
Peoples
Bancorp
of
North
Carolina,
Inc.
184
8,041
Peoples
Bancorp,
Inc.
1,448
57,008
Peoples
Financial
Services
Corp.
382
26,232
Pioneer
Bancorp,
Inc.*
432
7,543
Plumas
Bancorp
268
16,410
Ponce
Financial
Group,
Inc.*
822
16,670
Preferred
Bank
465
47,630
Primis
Financial
Corp.
898
14,278
Princeton
Bancorp,
Inc.
207
8,740
Provident
Financial
Services,
Inc.
5,277
123,482
QCR
Holdings,
Inc.
677
67,341
RBB
Bancorp
665
17,257
Red
River
Bancshares,
Inc.
211
21,108
Renasant
Corp.
3,848
157,422
Republic
Bancorp,
Inc.,
Class
a
A
348
32,541
Rhinebeck
Bancorp,
Inc.
266
3,350
Richmond
Mutual
Bancorp,
Inc.
346
5,463
S&T
Bancorp,
Inc.
1,505
74,467
Seacoast
Banking
Corp.
of
Florida
4,006
136,024
ServisFirst
Bancshares,
Inc.
4,263
183,480
Shore
Bancshares,
Inc.
1,274
29,251
Sierra
Bancorp
487
19,295
Simmons
First
National
Corp.,
Class
a
A
5,972
134,848
Investments
Shares
Value
Common
Stocks
(continued)
SmartFinancial,
Inc.
634
$
32,049
South
Plains
Financial,
Inc.
638
27,817
Southern
First
Bancshares,
Inc.*
374
22,945
Southern
Missouri
Bancorp,
Inc.
392
28,847
Southside
Bancshares,
Inc.
1,183
37,335
SR
Bancorp,
Inc.
285
5,555
Stock
Yards
Bancorp,
Inc.
1,083
85,784
Texas
Capital
Bancshares,
Inc.
1,779
172,883
Third
Coast
Bancshares,
Inc.*
633
28,232
Timberland
Bancorp,
Inc.
306
13,951
Tompkins
Financial
Corp.
561
54,484
Towne
Bank
3,594
133,122
TriCo
Bancshares
1,218
65,017
Triumph
Financial,
Inc.*
938
66,833
TrustCo
Bank
Corp.
706
40,044
Trustmark
Corp.
2,288
105,065
UMB
Financial
Corp.
3,000
424,890
United
Bankshares,
Inc.
5,694
268,358
United
Community
Banks,
Inc.
4,971
173,190
Unity
Bancorp,
Inc.
302
17,525
Univest
Financial
Corp.
1,144
47,499
USCB
Financial
Holdings,
Inc.
495
11,009
Valley
National
Bancorp
19,873
271,068
Virginia
National
Bankshares
Corp.
196
9,075
WaFd,
Inc.
3,027
108,246
Washington
Trust
Bancorp,
Inc.
781
30,561
WesBanco,
Inc.
3,924
156,999
West
Bancorp,
Inc.
630
17,798
Westamerica
Bancorp
973
56,483
Western
New
England
Bancorp,
Inc.
740
10,168
WSFS
Financial
Corp.
2,156
166,982
13,504,882
Beverages
—
0.1%
Boston
Beer
Co.,
Inc.
(The),
Class
a
A*
315
56,010
MGP
Ingredients,
Inc.
603
10,016
National
Beverage
Corp.
990
31,313
Vita
Coco
Co.,
Inc.
(The)*
1,997
117,254
214,593
Biotechnology
—
4.2%
4D
Molecular
Therapeutics,
Inc.*
1,861
26,259
Abeona
Therapeutics,
Inc.(a)
1,773
10,372
Absci
Corp.*
5,617
50,778
ACADIA
Pharmaceuticals,
Inc.*
5,234
151,315
Achieve
Life
Sciences,
Inc.(a)
3,164
25,122
Acumen
Pharmaceuticals,
Inc.*
1,921
5,475
ADC
Therapeutics
SA*
4,357
5,098
ADMA
Biologics,
Inc.*
9,369
87,975
Agenus,
Inc.*
1,618
12,313
Agios
Pharmaceuticals,
Inc.*
2,401
80,866
Akebia
Therapeutics,
Inc.*
10,495
9,643
Aktis
Oncology,
Inc.*
862
22,334
Alector,
Inc.*
3,987
9,011
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
154
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Alkermes
plc*
6,811
$
320,049
Allogene
Therapeutics,
Inc.*
10,778
21,556
Altimmune,
Inc.*
8,074
25,110
ALX
Oncology
Holdings,
Inc.*
4,384
8,461
AnaptysBio,
Inc.*
802
45,738
Anavex
Life
Sciences
Corp.(a)
3,745
10,486
Anika
Therapeutics,
Inc.*
465
9,705
Annexon,
Inc.*
6,308
31,162
Apogee
Therapeutics,
Inc.*
1,831
247,331
Arbutus
Biopharma
Corp.*
6,531
33,177
Arcturus
Therapeutics
Holdings,
Inc.*
1,088
16,059
Arcus
Biosciences,
Inc.*
3,632
106,345
Arcutis
Biotherapeutics,
Inc.*
4,647
111,389
Ardelyx,
Inc.*
9,927
37,524
Armata
Pharmaceuticals,
Inc.*
483
2,661
ArriVent
Biopharma,
Inc.*
1,540
46,277
ARS
Pharmaceuticals,
Inc.(a)
2,502
15,012
Artiva
Biotherapeutics,
Inc.(a)
190
2,147
Assembly
Biosciences,
Inc.(a)
401
13,486
Atrium
Therapeutics,
Inc.*
584
7,779
Aura
Biosciences,
Inc.*
1,821
13,075
Aurinia
Pharmaceuticals,
Inc.*
4,845
78,053
Avalo
Therapeutics,
Inc.*
1,696
32,801
Beam
Therapeutics,
Inc.*
4,026
118,485
Benitec
Biopharma,
Inc.*
866
10,539
Bicara
Therapeutics,
Inc.*
1,794
41,477
BioCryst
Pharmaceuticals,
Inc.*
9,455
91,713
Biohaven
Ltd.*
5,423
82,809
Black
Diamond
Therapeutics,
Inc.*
1,917
4,026
Bright
Minds
Biosciences,
Inc.*
300
21,519
C4
Therapeutics,
Inc.*
4,117
15,274
Cabaletta
Bio,
Inc.*
4,573
14,222
CAMP4
Therapeutics
Corp.*
1,285
5,089
Candel
Therapeutics,
Inc.*
2,572
33,616
Canton
Strategic
Holdings,
Inc.*
1,802
4,109
Capricor
Therapeutics,
Inc.(a)
2,185
21,653
CareDx,
Inc.*
2,083
104,379
Caribou
Biosciences,
Inc.*
3,731
5,746
Cartesian
Therapeutics,
Inc.*
534
4,956
Celcuity,
Inc.*
1,562
139,112
Celldex
Therapeutics,
Inc.*
3,173
125,746
Century
Therapeutics,
Inc.(a)
5,006
10,262
CG
oncology,
Inc.*
2,996
225,179
Climb
Bio,
Inc.*
1,435
19,703
Cogent
Biosciences,
Inc.*
6,772
237,020
Coherus
Oncology,
Inc.(a)
5,309
7,167
Compass
Therapeutics,
Inc.*
5,325
12,727
Connect
Biopharma
Holdings
Ltd.,
ADR*
611
1,344
Corbus
Pharmaceuticals
Holdings,
Inc.*
669
7,299
Corvus
Pharmaceuticals,
Inc.*
2,751
38,624
Crescent
Biopharma,
Inc.*
877
14,558
CRISPR
Therapeutics
AG*
3,785
215,669
Cullinan
Therapeutics,
Inc.*
2,456
54,204
Cytokinetics,
Inc.*
5,370
380,787
CytomX
Therapeutics,
Inc.*
7,230
24,293
Damora
Therapeutics,
Inc.*
2,167
61,066
Investments
Shares
Value
Common
Stocks
(continued)
Denali
Therapeutics,
Inc.*
5,980
$
142,085
Design
Therapeutics,
Inc.*
1,249
18,847
DiaMedica
Therapeutics,
Inc.*
1,489
9,455
Dianthus
Therapeutics,
Inc.*
1,921
202,877
Disc
Medicine,
Inc.*
1,149
90,369
Dyne
Therapeutics,
Inc.*
6,153
156,471
Editas
Medicine,
Inc.*
4,065
12,439
Eikon
Therapeutics,
Inc.(a)
884
9,247
Eledon
Pharmaceuticals,
Inc.*
3,130
9,327
Elicio
Therapeutics,
Inc.(a)
529
1,428
Emergent
BioSolutions,
Inc.*
2,117
12,914
Enanta
Pharmaceuticals,
Inc.*
1,151
15,343
Entrada
Therapeutics,
Inc.*
1,195
8,425
Erasca,
Inc.*
8,949
160,008
Evommune,
Inc.*
513
6,495
Fennec
Pharmaceuticals,
Inc.*
1,179
14,561
First
Tracks
Biotherapeutics,
Inc.*
947
39,622
Foghorn
Therapeutics,
Inc.*
1,483
8,512
Galectin
Therapeutics,
Inc.(a)
1,953
7,714
Generate
Biomedicines,
Inc.(a)
992
15,148
Geron
Corp.*
22,722
33,856
GRAIL,
Inc.*
1,677
133,103
Greenwich
Lifesciences,
Inc.(a)
274
4,096
Gyre
Therapeutics,
Inc.*
746
4,901
Heron
Therapeutics,
Inc.(a)
6,489
2,064
Hyperliquid
Strategies,
Inc.*
5,103
62,512
Ideaya
Biosciences,
Inc.*
3,407
136,621
Immix
Biopharma,
Inc.*
1,668
23,402
Immuneering
Corp.,
Class
a
A(a)
2,178
10,868
ImmunityBio,
Inc.(a)
15,698
124,799
Immunome,
Inc.*
4,280
117,315
Immunovant,
Inc.*
3,465
141,441
Inhibikase
Therapeutics,
Inc.(a)
4,932
11,393
Inhibrx
Biosciences,
Inc.*
386
48,906
Intellia
Therapeutics,
Inc.*
5,488
69,862
Invivyd,
Inc.*
8,548
8,162
Iovance
Biotherapeutics,
Inc.*
16,159
132,019
Ironwood
Pharmaceuticals,
Inc.,
Class
a
A*
6,653
28,275
Jade
Biosciences,
Inc.*
1,322
28,238
Janux
Therapeutics,
Inc.*
1,756
31,994
Kailera
Therapeutics,
Inc.(a)
1,876
28,890
Karyopharm
Therapeutics,
Inc.*
811
1,671
Keros
Therapeutics,
Inc.*
750
8,310
Kiniksa
Pharmaceuticals
International
plc,
Class
a
A*
1,722
135,401
Kodiak
Sciences,
Inc.*
1,600
59,760
Korro
Bio,
Inc.*
452
5,645
Krystal
Biotech,
Inc.*
1,061
381,281
Kura
Oncology,
Inc.*
3,459
43,756
Kymera
Therapeutics,
Inc.*
2,542
302,015
Kyverna
Therapeutics,
Inc.*
1,704
14,441
Larimar
Therapeutics,
Inc.*
2,706
10,337
Lexeo
Therapeutics,
Inc.*
2,879
13,704
Lineage
Cell
Therapeutics,
Inc.*
7,484
8,232
Lyell
Immunopharma,
Inc.*
382
5,470
MacroGenics,
Inc.*
2,551
10,178
MannKind
Corp.*
12,502
50,133
MapLight
Therapeutics,
Inc.(a)
424
5,499
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
155
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
MeiraGTx
Holdings
plc*
2,441
$
33,710
MiMedx
Group,
Inc.*
4,920
22,337
Mineralys
Therapeutics,
Inc.*
2,332
59,862
Minerva
Neurosciences,
Inc.(a)
1,384
6,311
Mirum
Pharmaceuticals,
Inc.*
1,929
189,138
Monopar
Therapeutics,
Inc.*
183
20,483
Monte
Rosa
Therapeutics,
Inc.*
3,007
41,918
Myriad
Genetics,
Inc.*
3,757
12,098
Neurogene,
Inc.*
459
16,634
Nkarta,
Inc.*
1,818
4,927
Novavax,
Inc.*
6,194
58,038
Nurix
Therapeutics,
Inc.*
3,895
100,413
Nuvectis
Pharma,
Inc.*
693
15,752
Ocugen,
Inc.(a)
13,878
18,458
Olema
Pharmaceuticals,
Inc.*
3,182
33,188
OnKure
Therapeutics,
Inc.,
Class
a
A*
1,066
3,870
Opus
Genetics,
Inc.*
2,176
7,877
Organogenesis
Holdings,
Inc.,
Class
a
A*
2,812
4,837
ORIC
Pharmaceuticals,
Inc.*
3,034
39,412
Oruka
Therapeutics,
Inc.*
2,045
189,408
Ovid
Therapeutics,
Inc.*
6,220
16,607
Palisade
Bio,
Inc.*
5,995
11,690
Palvella
Therapeutics,
Inc.*
444
67,750
Perspective
Therapeutics,
Inc.*
4,196
13,259
Praxis
Precision
Medicines,
Inc.*
1,021
357,656
Precigen,
Inc.*
7,840
54,331
Precision
BioSciences,
Inc.*
975
7,449
Prelude
Therapeutics,
Inc.*
1,128
6,317
Prime
Medicine,
Inc.*
3,822
13,721
ProKidney
Corp.,
Class
a
A(a)
3,073
5,808
Protagonist
Therapeutics,
Inc.*
2,500
369,375
Protalix
BioTherapeutics,
Inc.*
3,010
7,736
Protara
Therapeutics,
Inc.*
2,124
8,199
Prothena
Corp.
plc*
1,806
16,886
PTC
Therapeutics,
Inc.*
3,366
234,072
Puma
Biotechnology,
Inc.*
1,797
16,371
Recursion
Pharmaceuticals,
Inc.,
Class
a
A*
20,781
70,655
REGENXBIO,
Inc.*
1,961
18,629
Relay
Therapeutics,
Inc.*
6,563
120,628
Replimune
Group,
Inc.*
3,216
49,205
Rezolute,
Inc.*
3,178
14,905
Rhythm
Pharmaceuticals,
Inc.*
2,241
237,837
Rigel
Pharmaceuticals,
Inc.*
748
34,543
Rocket
Pharmaceuticals,
Inc.*
3,675
13,671
SAB
Biotherapeutics,
Inc.*
1,764
6,544
Sagimet
Biosciences,
Inc.,
Class
a
A*
2,387
24,491
Sana
Biotechnology,
Inc.*
7,459
28,866
Sarepta
Therapeutics,
Inc.*
4,226
88,873
Savara,
Inc.*
6,213
33,488
Scholar
Rock
Holding
Corp.*
4,539
257,815
SELLAS
Life
Sciences
Group,
Inc.(a)
7,670
102,318
Shattuck
Labs,
Inc.*
2,491
17,462
Sionna
Therapeutics,
Inc.*
750
4,522
Solid
Biosciences,
Inc.*
3,195
30,608
Investments
Shares
Value
Common
Stocks
(continued)
Spruce
Biosciences,
Inc.*
109
$
6,428
Spyre
Therapeutics,
Inc.*
3,024
270,134
Stoke
Therapeutics,
Inc.*
2,237
69,794
Surrozen,
Inc.*
298
6,562
Sutro
Biopharma,
Inc.*
648
13,116
Syndax
Pharmaceuticals,
Inc.*
3,616
69,753
Tango
Therapeutics,
Inc.*
5,719
130,622
Taysha
Gene
Therapies,
Inc.*
9,737
55,404
Tectonic
Therapeutic,
Inc.*
414
12,395
Tenax
Therapeutics,
Inc.(a)
1,024
1,884
TG
Therapeutics,
Inc.*
5,912
321,022
Tonix
Pharmaceuticals
Holding
Corp.*
592
8,347
Travere
Therapeutics,
Inc.*
3,630
240,596
TriSalus
Life
Sciences,
Inc.*
1,947
9,638
Twist
Bioscience
Corp.*
2,629
365,431
Tyra
Biosciences,
Inc.*
1,493
37,370
Ultragenyx
Pharmaceutical,
Inc.*
3,926
98,974
Unicycive
Therapeutics,
Inc.(a)
994
5,169
Upstream
Bio,
Inc.*
1,429
9,460
UroGen
Pharma
Ltd.*
1,730
74,546
Vanda
Pharmaceuticals,
Inc.*
2,186
11,804
Vaxcyte,
Inc.*
5,351
325,020
Vera
Therapeutics,
Inc.,
Class
a
A*
2,600
88,608
Veracyte,
Inc.*
3,291
142,138
Verastem,
Inc.*
3,244
23,422
Vericel
Corp.*
2,094
83,551
Vir
Biotechnology,
Inc.*
4,992
54,612
Viridian
Therapeutics,
Inc.*
3,668
84,951
Vor
BioPharma,
Inc.*
1,656
37,227
Voyager
Therapeutics,
Inc.*
2,136
7,369
Whitehawk
Therapeutics,
Inc.*
1,319
5,988
X4
Pharmaceuticals,
Inc.*
3,285
13,271
Xencor,
Inc.*
2,828
77,105
Xenon
Pharmaceuticals,
Inc.*
3,986
240,037
Z
Squared,
Inc.(a)
1,785
5,266
Zenas
Biopharma,
Inc.(a)
1,158
37,427
Zentalis
Pharmaceuticals,
Inc.*
2,034
7,648
Zura
Bio
Ltd.,
Class
a
A(a)
2,393
13,257
Zymeworks,
Inc.*
1,911
56,203
13,428,660
Broadline
Retail
—
0.0%(b)
1stdibs.com,
Inc.*
972
4,248
Groupon,
Inc.,
Class
a
A(a)
964
18,489
Kohl's
Corp.
4,485
79,923
Pattern
Group,
Inc.,
Class
a
A*
1,313
27,218
Savers
Value
Village,
Inc.*
1,527
15,774
145,652
Building
Products
—
0.4%
Apogee
Enterprises,
Inc.
862
33,670
AZZ,
Inc.
1,225
168,021
CSW
Industrials,
Inc.
658
203,289
Gibraltar
Industries,
Inc.*
1,227
55,203
Griffon
Corp.
1,578
153,681
Insteel
Industries,
Inc.
770
23,177
Janus
International
Group,
Inc.*
5,423
26,898
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
156
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Masterbrand,
Inc.*
8,256
$
68,112
Quanex
Building
Products
Corp.
1,889
36,306
Resideo
Technologies,
Inc.*
5,588
108,184
Tecnoglass
Holdings,
Inc.
1,038
41,209
UFP
Industries,
Inc.
2,327
196,678
Zurn
Elkay
Water
Solutions
Corp.
6,144
293,683
1,408,111
Capital
Markets
—
0.9%
Acadian
Asset
Management,
Inc.
1,150
108,330
AlTi
Global,
Inc.*
2,038
7,948
Artisan
Partners
Asset
Management,
Inc.,
Class
a
A
2,618
111,448
Bakkt,
Inc.,
Class
a
A(a)
1,198
9,189
BGC
Group,
Inc.,
Class
a
A
15,327
184,077
BRC
Group
Holdings,
Inc.(a)
941
6,512
Chaince
Digital
Holdings,
Inc.(a)
2,709
8,100
Cohen
&
Steers,
Inc.
1,157
93,335
DigitalBridge
Group,
Inc.
7,269
115,650
Donnelley
Financial
Solutions,
Inc.*
1,009
48,735
Fidus
Investment
Corp.
1
13
GCM
Grosvenor,
Inc.,
Class
a
A
2,404
33,151
Gemini
Space
Station,
Inc.,
Class
a
A*
1,667
7,502
Innventure,
Inc.(a)
2,272
2,931
Marex
Group
Ltd.
2,527
183,157
MarketWise,
Inc.
89
1,602
Miami
International
Holdings,
Inc.*
3,109
133,283
Moelis
&
Co.,
Class
a
A
3,066
208,703
Patria
Investments
Ltd.,
Class
a
A
2,652
30,074
Perella
Weinberg
Partners,
Class
a
A
2,852
47,429
Piper
Sandler
Cos.
2,872
215,572
PJT
Partners,
Inc.,
Class
a
A
1,000
180,390
Ridgepost
Capital,
Inc.,
Class
a
A
2,453
21,096
SHARPLINK,
Inc.*
7,638
65,916
Silvercrest
Asset
Management
Group,
Inc.,
Class
a
A
252
2,530
StepStone
Group,
Inc.,
Class
a
A
3,157
164,985
StoneX
Group,
Inc.*
4,438
303,914
Value
Line,
Inc.
31
1,147
Victory
Capital
Holdings,
Inc.,
Class
a
A
1,749
206,399
Virtus
Investment
Partners,
Inc.
260
43,030
Wealthfront
Corp.*
1,488
13,704
Webull
Corp.*
13,651
129,411
Westwood
Holdings
Group,
Inc.
302
5,850
WisdomTree,
Inc.
5,537
133,220
2,828,333
Chemicals
—
0.7%
AdvanSix,
Inc.
1,090
18,323
Alto
Ingredients,
Inc.*
2,999
11,876
Ashland,
Inc.
1,886
138,300
ASP
Isotopes,
Inc.(a)
4,730
19,015
Investments
Shares
Value
Common
Stocks
(continued)
Aspen
Aerogels,
Inc.*
2,758
$
13,597
Avient
Corp.
3,795
167,208
Balchem
Corp.
1,332
234,285
Cabot
Corp.
2,122
175,511
Chemours
Co.
(The)
6,242
97,126
Core
Molding
Technologies,
Inc.*
341
8,542
Ecovyst,
Inc.*
4,483
45,592
Flotek
Industries,
Inc.*
590
13,995
FMC
Corp.
5,163
59,529
Hawkins,
Inc.
800
96,216
HB
Fuller
Co.
2,266
124,517
Huntsman
Corp.
6,825
65,383
Ingevity
Corp.*
1,450
100,470
Innospec,
Inc.
1,024
96,113
Intrepid
Potash,
Inc.*
453
17,517
Koppers
Holdings,
Inc.
741
33,990
Kronos
Worldwide,
Inc.
898
7,920
LSB
Industries,
Inc.*
2,437
26,003
Mativ
Holdings,
Inc.
2,237
26,598
Minerals
Technologies,
Inc.
1,278
90,636
Orion
SA
2,278
14,215
Perimeter
Solutions,
Inc.*
6,177
188,398
PureCycle
Technologies,
Inc.(a)
5,925
38,690
Quaker
Chemical
Corp.
566
93,843
Rayonier
Advanced
Materials,
Inc.*
2,529
21,724
Sensient
Technologies
Corp.
1,752
236,415
Stepan
Co.
893
55,911
Tronox
Holdings
plc
4,824
25,519
Valhi,
Inc.
100
1,869
2,364,846
Commercial
Services
&
Supplies
—
0.6%
ABM
Industries,
Inc.
2,400
111,912
ACCO
Brands
Corp.
3,744
16,024
ACV
Auctions,
Inc.,
Class
a
A*
6,944
48,816
BrightView
Holdings,
Inc.*
2,885
32,052
Brink's
Co.
(The)
1,699
185,072
Casella
Waste
Systems,
Inc.,
Class
a
A*
2,598
239,666
Cimpress
plc*
693
61,753
Civeo
Corp.*
422
14,108
CompX
International,
Inc.
63
2,005
CoreCivic,
Inc.*
3,991
132,581
Deluxe
Corp.
1,822
42,088
Ennis,
Inc.
1,014
21,639
Enviri
Corp.*
1,068
23,795
GEO
Group,
Inc.
(The)*
5,203
165,507
Healthcare
Services
Group,
Inc.*
2,822
62,056
HNI
Corp.
2,939
142,336
Interface,
Inc.,
Class
a
A
2,374
90,022
LanzaTech
Global,
Inc.*
65
412
Liquidity
Services,
Inc.*
969
40,388
MillerKnoll,
Inc.
2,798
63,207
NLI
Holdings,
Inc.
347
2,315
Onterris,
Inc.*
1,391
23,258
OPENLANE,
Inc.*
4,339
154,468
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
157
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Perma-Fix
Environmental
Services,
Inc.*
716
$
12,995
Pitney
Bowes,
Inc.
5,930
101,581
Quad/Graphics,
Inc.
1,218
12,253
UniFirst
Corp.
601
166,237
Vestis
Corp.*
3,776
47,238
2,015,784
Communications
Equipment
—
0.4%
ADTRAN
Holdings,
Inc.*
3,123
24,203
Aviat
Networks,
Inc.*
481
9,586
BK
Technologies
Corp.*
124
8,974
Calix,
Inc.*
2,407
91,755
Clearfield,
Inc.*
467
13,548
Digi
International,
Inc.*
1,527
114,434
Extreme
Networks,
Inc.*
5,276
118,657
Harmonic,
Inc.*
4,508
54,006
Inseego
Corp.(a)
489
2,044
KVH
Industries,
Inc.*
506
3,825
Lantronix,
Inc.*
1,443
7,648
NETGEAR,
Inc.*
1,077
22,789
NetScout
Systems,
Inc.*
2,900
112,607
Ondas,
Inc.(a)
19,825
151,760
Ribbon
Communications,
Inc.*
3,807
7,576
Viasat,
Inc.*
5,158
346,979
Vistance
Networks,
Inc.
9,038
57,030
1,147,421
Construction
&
Engineering
—
0.6%
Ameresco,
Inc.,
Class
a
A*
1,332
29,464
Arcosa,
Inc.
2,012
292,344
Argan,
Inc.
558
237,144
Bowman
Consulting
Group
Ltd.,
Class
a
A*
589
25,086
Cardinal
Infrastructure
Group,
Inc.,
Class
a
A*
695
25,701
Centuri
Holdings,
Inc.*
3,596
73,394
Concrete
Pumping
Holdings,
Inc.*
848
7,657
Construction
Partners,
Inc.,
Class
a
A*
1,966
208,789
Fluor
Corp.*
5,835
318,066
Granite
Construction,
Inc.
1,814
218,696
INNOVATE
Corp.*
226
1,681
Legence
Corp.,
Class
a
A*
2,387
127,872
Limbach
Holdings,
Inc.*
453
18,673
Matrix
Service
Co.*
1,108
11,977
MYR
Group,
Inc.*
636
185,343
NWPX
Infrastructure,
Inc.*
389
42,759
Orion
Group
Holdings,
Inc.*
1,593
14,974
Shimmick
Corp.*
209
738
Tutor
Perini
Corp.
1,863
164,913
2,005,271
Construction
Materials
—
0.1%
Knife
River
Corp.*
2,358
147,846
Smith-Midland
Corp.*
113
2,970
Titan
America
SA(a)
1,025
15,293
Investments
Shares
Value
Common
Stocks
(continued)
United
States
Lime
&
Minerals,
Inc.
448
$
52,922
219,031
Consumer
Finance
—
0.5%
Atlanticus
Holdings
Corp.*
206
18,637
Bread
Financial
Holdings,
Inc.
1,661
173,525
Consumer
Portfolio
Services,
Inc.*
373
3,443
Dave,
Inc.*
415
149,201
Encore
Capital
Group,
Inc.*
861
83,526
Enova
International,
Inc.*
990
224,453
FirstCash
Holdings,
Inc.
1,672
358,594
Green
Dot
Corp.,
Class
a
A*
2,231
29,650
Happen,
Inc.*
4,654
81,817
Jefferson
Capital,
Inc.
917
19,083
LendingTree,
Inc.*
462
12,954
Medallion
Financial
Corp.
686
8,108
Navient
Corp.
2,606
24,783
Nelnet,
Inc.,
Class
a
A
608
76,164
NerdWallet,
Inc.,
Class
a
A*
1,344
13,279
Oportun
Financial
Corp.*
1,697
12,473
OppFi,
Inc.*
1,053
7,297
PRA
Group,
Inc.*
1,556
29,284
PROG
Holdings,
Inc.
1,608
61,313
Regional
Management
Corp.
356
11,424
Upstart
Holdings,
Inc.*
3,474
99,634
World
Acceptance
Corp.*
101
18,565
1,517,207
Consumer
Staples
Distribution
&
Retail
—
0.2%
Andersons,
Inc.
(The)
1,362
88,353
Chefs'
Warehouse,
Inc.
(The)*
1,512
170,055
Grocery
Outlet
Holding
Corp.*
3,845
45,948
Ingles
Markets,
Inc.,
Class
a
A
607
49,652
Natural
Grocers
by
Vitamin
Cottage,
Inc.
534
14,615
PriceSmart,
Inc.
1,070
181,911
United
Natural
Foods,
Inc.*
2,480
108,773
Village
Super
Market,
Inc.,
Class
a
A
381
16,490
Weis
Markets,
Inc.
509
36,164
Yesway,
Inc.,
Class
a
A*
643
16,017
727,978
Containers
&
Packaging
—
0.1%
Ardagh
Metal
Packaging
SA
5,754
29,230
Greif,
Inc.,
Class
a
A
994
82,253
Greif,
Inc.,
Class
a
B
197
20,811
Myers
Industries,
Inc.
1,540
49,419
O-I
Glass,
Inc.*
6,321
45,954
Ranpak
Holdings
Corp.,
Class
a
A*
1,985
9,429
TriMas
Corp.
1,116
43,278
280,374
Distributors
—
0.0%(b)
GigaCloud
Technology,
Inc.,
Class
a
A*
1,037
50,325
Gold.
Com,
Inc.
811
36,471
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
158
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Weyco
Group,
Inc.
249
$
11,148
97,944
Diversified
Consumer
Services
—
0.4%
American
Public
Education,
Inc.*
727
33,188
Carriage
Services,
Inc.,
Class
a
A
582
19,584
Coursera,
Inc.*
8,942
58,302
Covista,
Inc.*
1,397
184,865
Driven
Brands
Holdings,
Inc.*
2,473
30,715
Frontdoor,
Inc.*
2,910
235,332
Graham
Holdings
Co.,
Class
a
B
130
146,756
KinderCare
Learning
Cos.,
Inc.*
1,256
3,165
Laureate
Education,
Inc.*
4,967
186,412
Lincoln
Educational
Services
Corp.*
1,226
30,846
Matthews
International
Corp.,
Class
a
A
1,229
25,526
McGraw
Hill,
Inc.*
1,013
13,301
OneSpaWorld
Holdings
Ltd.
4,075
101,182
Perdoceo
Education
Corp.
2,584
85,892
Phoenix
Education
Partners,
Inc.
218
6,346
Strategic
Education,
Inc.
898
74,390
Stride,
Inc.*
1,718
148,933
Universal
Technical
Institute,
Inc.*
1,947
41,140
1,425,875
Diversified
REITs
—
0.2%
AH
Realty
Trust,
Inc.,
REIT
3,123
20,237
Alpine
Income
Property
Trust,
Inc.,
REIT
632
12,299
American
Assets
Trust,
Inc.,
REIT
2,021
45,392
Broadstone
Net
Lease,
Inc.,
REIT
7,910
165,003
CTO
Realty
Growth,
Inc.,
REIT
1,347
28,745
Essential
Properties
Realty
Trust,
Inc.,
REIT
8,962
268,860
Gladstone
Commercial
Corp.,
REIT
1,996
25,888
Global
Net
Lease,
Inc.,
REIT
7,830
71,879
NexPoint
Diversified
Real
Estate
Trust,
REIT
1,497
7,949
646,252
Diversified
Telecommunication
Services
—
0.2%
Anterix,
Inc.*
467
42,446
ATN
International,
Inc.
412
12,430
Bandwidth,
Inc.,
Class
a
A*
1,206
58,407
Cogent
Communications
Holdings,
Inc.
2,002
19,099
IDT
Corp.,
Class
a
B
674
45,980
Liberty
Capital
Corp.,
Class
a
A*
136
3,631
Liberty
Capital
Corp.,
Class
a
C*
1,362
35,453
Liberty
Latin
America
Ltd.,
Class
a
A*
1,248
10,745
Liberty
Latin
America
Ltd.,
Class
a
C*
5,284
45,178
Lumen
Technologies,
Inc.*
39,511
246,944
Investments
Shares
Value
Common
Stocks
(continued)
Shenandoah
Telecommunications
Co.
2,048
$
25,334
Uniti
Group,
Inc.*
6,944
68,884
614,531
Electric
Utilities
—
0.3%
Genie
Energy
Ltd.,
Class
a
B
856
12,703
Hawaiian
Electric
Industries,
Inc.*
6,746
75,690
MGE
Energy,
Inc.
1,528
118,710
Otter
Tail
Corp.
1,588
143,666
Portland
General
Electric
Co.
4,803
234,675
TXNM
Energy,
Inc.
4,234
243,921
829,365
Electrical
Equipment
—
0.4%
Allient,
Inc.
605
56,876
American
Superconductor
Corp.*
1,913
54,922
Amprius
Technologies,
Inc.*
5,581
55,140
Array
Technologies,
Inc.*
6,274
27,731
Atkore,
Inc.
1,391
130,323
Babcock
&
Wilcox
Enterprises,
Inc.*
5,448
41,078
ChargePoint
Holdings,
Inc.(a)
981
5,396
Energous
Corp.*
218
2,415
Energy
Vault
Holdings,
Inc.(a)
5,630
19,142
EnerSys
1,512
277,996
Enovix
Corp.(a)
8,062
27,250
Eos
Energy
Enterprises,
Inc.(a)
13,998
45,074
Espey
Mfg.
&
Electronics
Corp.
94
5,885
Fluence
Energy,
Inc.*
3,553
38,408
FuelCell
Energy,
Inc.*
2,205
37,992
GrafTech
International
Ltd.*
687
4,946
Hyliion
Holdings
Corp.*
5,191
18,013
LSI
Industries,
Inc.
1,363
26,701
NANO
Nuclear
Energy,
Inc.(a)
1,767
32,318
Net
Power,
Inc.*
1,718
3,058
NuScale
Power
Corp.,
Class
a
A*
13,224
122,587
Plug
Power,
Inc.*
55,590
120,074
Power
Solutions
International,
Inc.*
351
12,745
Preformed
Line
Products
Co.
102
40,887
SES
AI
Corp.(a)
10,235
5,319
Shoals
Technologies
Group,
Inc.,
Class
a
A*
6,928
47,942
Sunrun,
Inc.*
9,492
81,347
Tigo
Energy,
Inc.*
1,577
1,687
1,343,252
Electronic
Equipment,
Instruments
&
Components
—
1.0%
908
Devices,
Inc.*
1,183
12,623
ADI
Global
Distribution,
Inc.*
2,793
61,083
Aeva
Technologies,
Inc.*
1,139
17,837
Arlo
Technologies,
Inc.*
4,407
57,952
Badger
Meter,
Inc.
1,210
163,919
Bel
Fuse,
Inc.,
Class
a
A
69
14,129
Bel
Fuse,
Inc.,
Class
a
B
496
123,640
Belden,
Inc.
1,601
183,250
Benchmark
Electronics,
Inc.
1,464
102,890
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
159
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Climb
Global
Solutions,
Inc.
677
$
19,315
Crane
NXT
Co.
2,043
99,903
CTS
Corp.
1,161
65,562
Daktronics,
Inc.*
1,617
31,580
ePlus,
Inc.
1,077
94,744
Evolv
Technologies
Holdings,
Inc.*
6,673
34,766
Forward
Industries,
Inc.(a)
2,520
15,977
Frequency
Electronics,
Inc.*
276
16,629
Insight
Enterprises,
Inc.*
1,169
183,556
Itron,
Inc.*
1,814
175,976
Kimball
Electronics,
Inc.*
979
23,124
Knowles
Corp.*
3,492
119,357
LightPath
Technologies,
Inc.,
Class
a
A*
2,247
22,605
Lightwave
Logic,
Inc.(a)
6,529
35,452
Methode
Electronics,
Inc.
1,424
25,960
Mirion
Technologies,
Inc.,
Class
a
A*
9,838
148,259
M-Tron
Industries,
Inc.*
168
12,795
Napco
Security
Technologies,
Inc.
1,418
51,388
nLight,
Inc.*
2,271
95,995
Novanta,
Inc.*
1,474
215,528
OSI
Systems,
Inc.*
651
135,349
Ouster,
Inc.*
2,545
87,650
PC
Connection,
Inc.
449
35,862
Plexus
Corp.*
1,100
263,417
Powerfleet,
Inc.*
5,207
15,621
RF
Industries
Ltd.*
342
3,605
Richardson
Electronics
Ltd.
504
8,729
Rogers
Corp.*
737
92,545
ScanSource,
Inc.*
880
50,239
SmartRent,
Inc.,
Class
a
A*
6,950
9,243
Syntec
Optics
Holdings,
Inc.*
287
2,351
Unusual
Machines,
Inc.(a)
1,854
43,884
Vishay
Intertechnology,
Inc.
5,615
170,864
Vishay
Precision
Group,
Inc.*
496
30,658
Vuzix
Corp.*
2,823
7,368
3,183,179
Energy
Equipment
&
Services
—
1.0%
Archrock,
Inc.
7,100
223,792
Atlas
Energy
Solutions,
Inc.,
Class
a
A(a)
3,365
44,081
Borr
Drilling
Ltd.*
9,699
43,451
Bristow
Group,
Inc.,
Class
a
A
1,076
48,840
Cactus,
Inc.,
Class
a
A
2,866
201,537
Core
Laboratories,
Inc.
1,892
23,518
Energy
Services
of
America
Corp.
569
6,629
Expro
Ltd.*
3,380
61,246
Flowco
Holdings,
Inc.,
Class
a
A
1,466
32,164
Forum
Energy
Technologies,
Inc.*
436
35,739
Helix
Energy
Solutions
Group,
Inc.*
5,727
58,988
Helmerich
&
Payne,
Inc.
3,997
174,189
HMH
Holding,
Inc.,
Class
a
A*
415
7,993
Innovex
International,
Inc.*
1,862
57,107
Investments
Shares
Value
Common
Stocks
(continued)
Kodiak
Gas
Services,
Inc.
4,107
$
241,368
Liberty
Energy,
Inc.,
Class
a
A
6,557
129,238
Nabors
Industries
Ltd.*
584
54,686
National
Energy
Services
Reunited
Corp.*
2,500
87,775
Natural
Gas
Services
Group,
Inc.
480
16,896
Noble
Corp.
plc
5,225
239,462
Oceaneering
International,
Inc.*
4,093
211,854
Oil
States
International,
Inc.*
2,323
20,489
Patterson-UTI
Energy,
Inc.
14,291
180,638
ProFrac
Holding
Corp.,
Class
a
A*
1,177
6,003
ProPetro
Holding
Corp.*
4,066
46,190
Ranger
Energy
Services,
Inc.,
Class
a
A
771
12,876
RPC,
Inc.
4,152
27,113
SEACOR
Marine
Holdings,
Inc.*
904
8,633
Seadrill
Ltd.*
2,585
125,941
Select
Water
Solutions,
Inc.,
Class
a
A
4,627
90,226
Smart
Sand,
Inc.
1,226
6,461
Solaris
Energy
Infrastructure,
Inc.,
Class
a
A(a)
2,171
110,222
TETRA
Technologies,
Inc.*
5,293
36,522
Tidewater,
Inc.*
2,035
189,499
Transocean
Ltd.*
40,132
233,167
Valaris
Ltd.*
2,338
201,933
3,296,466
Entertainment
—
0.3%
AMC
Entertainment
Holdings,
Inc.,
Class
a
A*
25,299
66,789
Atlanta
Braves
Holdings,
Inc.,
Class
a
A*
276
15,183
Atlanta
Braves
Holdings,
Inc.,
Class
a
C*
2,021
100,201
Cinemark
Holdings,
Inc.
4,326
154,049
CuriosityStream,
Inc.
1,703
4,564
IMAX
Corp.*
1,873
95,898
Lionsgate
Studios
Corp.*
8,077
91,512
Madison
Square
Garden
Entertainment
Corp.,
Class
a
A*
1,621
125,936
Marcus
Corp.
(The)
920
26,156
Meridian
Holdings,
Inc.*
1
14
Playtika
Holding
Corp.
2,301
5,223
Reservoir
Media,
Inc.*
797
7,699
Sphere
Entertainment
Co.*
1,127
153,610
Starz
Entertainment
Corp.*
493
13,052
Stubhub
Holdings,
Inc.,
Class
a
A*
9,069
57,860
917,746
Financial
Services
—
0.9%
Acacia
Research
Corp.*
1,422
6,314
Alerus
Financial
Corp.
974
32,045
Better
Home
&
Finance
Holding
Co.*
323
4,470
Bladex,
Inc.,
Class
a
E
1,206
65,028
Burford
Capital
Ltd.
8,306
34,470
Cannae
Holdings,
Inc.
1,622
25,303
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
160
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Cass
Information
Systems,
Inc.
473
$
26,540
Compass
Diversified
Holdings*
2,767
31,987
Dlocal
Ltd.,
Class
a
A
3,698
54,841
Enact
Holdings,
Inc.
1,127
54,321
Essent
Group
Ltd.
3,711
250,715
EVERTEC,
Inc.
2,537
75,171
Federal
Agricultural
Mortgage
Corp.,
Class
a
C
381
83,782
Finance
of
America
Cos.,
Inc.,
Class
a
A*
159
2,822
Flywire
Corp.*
4,877
92,127
HA
Sustainable
Infrastructure
Capital,
Inc.
5,241
207,282
International
Money
Express,
Inc.*
1,137
16,452
Jackson
Financial,
Inc.,
Class
a
A
2,687
358,526
loanDepot,
Inc.,
Class
a
A*
4,632
4,375
Marqeta,
Inc.,
Class
a
A*
3,560
58,455
Merchants
Bancorp
1,028
54,114
NCR
Atleos
Corp.*
3,007
138,081
NewtekOne,
Inc.
1,036
12,214
NMI
Holdings,
Inc.,
Class
a
A*
3,122
138,461
Onity
Group,
Inc.*
287
9,827
Pagseguro
Digital
Ltd.,
Class
a
A
6,777
61,129
Paymentus
Holdings,
Inc.,
Class
a
A*
2,418
86,081
Payoneer
Global,
Inc.*
10,744
76,390
Paysafe
Ltd.(a)
989
6,369
Paysign,
Inc.*
1,807
22,515
PennyMac
Financial
Services,
Inc.
1,218
89,048
Priority
Technology
Holdings,
Inc.*
1,394
7,402
Radian
Group,
Inc.
5,553
199,131
Remitly
Global,
Inc.*
7,717
206,353
Repay
Holdings
Corp.,
Class
a
A*
2,649
9,510
Security
National
Financial
Corp.,
Class
a
A*
683
5,942
Sezzle,
Inc.(a)
666
80,286
StoneCo
Ltd.,
Class
a
A
9,430
91,471
Velocity
Financial,
Inc.*
502
9,011
Walker
&
Dunlop,
Inc.
1,374
55,688
Waterstone
Financial,
Inc.
618
12,953
2,857,002
Food
Products
—
0.2%
Alico,
Inc.
236
9,376
B&G
Foods,
Inc.(a)
3,197
11,093
BRC,
Inc.,
Class
a
A(a)
315
2,533
Cal-Maine
Foods,
Inc.
1,778
140,320
Del
Monte
Corp.
1,350
42,768
Dole
plc
3,194
44,237
Flowers
Foods,
Inc.
7,762
53,713
Forafric
Global
plc*
228
2,483
J
&
J
Snack
Foods
Corp.
618
54,495
John
B
Sanfilippo
&
Son,
Inc.
330
24,318
Lifeway
Foods,
Inc.*
230
5,987
Limoneira
Co.
683
9,398
Mama's
Creations,
Inc.*
1,527
24,783
Marzetti
Co.
(The)
809
91,134
Investments
Shares
Value
Common
Stocks
(continued)
Mission
Produce,
Inc.(a)
2,328
$
29,612
Once
Upon
a
Farm
PBC(a)
527
9,128
Seneca
Foods
Corp.,
Class
a
A*
184
36,485
Simply
Good
Foods
Co.
(The)*
3,417
39,125
Utz
Brands,
Inc.
3,000
42,600
Vital
Farms,
Inc.*
1,479
15,796
Westrock
Coffee
Co.(a)
1,524
11,872
701,256
Gas
Utilities
—
0.4%
Brookfield
Infrastructure
Corp.,
Class
a
A
5,130
196,069
Chesapeake
Utilities
Corp.
986
131,670
New
Jersey
Resources
Corp.
4,181
223,014
Northwest
Natural
Holding
Co.
1,745
85,627
ONE
Gas,
Inc.
2,591
205,389
RGC
Resources,
Inc.
345
7,386
Southwest
Gas
Holdings,
Inc.
3,000
264,990
Spire,
Inc.
2,408
197,071
1,311,216
Ground
Transportation
—
0.2%
ArcBest
Corp.
908
125,277
Covenant
Logistics
Group,
Inc.,
Class
a
A
628
22,200
FTAI
Infrastructure,
Inc.(a)
4,475
15,573
Heartland
Express,
Inc.
1,578
19,504
Hertz
Global
Holdings,
Inc.(a)
5,223
11,856
Marten
Transport
Ltd.
2,409
34,738
PAMT
Corp.*
198
2,402
Proficient
Auto
Logistics,
Inc.(a)
1,003
5,055
RXO,
Inc.*
6,816
144,840
Universal
Logistics
Holdings,
Inc.(a)
290
5,417
Werner
Enterprises,
Inc.
2,466
96,618
483,480
Health
Care
Equipment
&
Supplies
—
1.2%
Acme
United
Corp.
140
8,725
Alphatec
Holdings,
Inc.*
5,038
47,206
AngioDynamics,
Inc.*
1,512
24,389
Anteris
Technologies
Global
Corp.*
3,318
28,568
Artivion,
Inc.*
1,855
50,066
AtriCure,
Inc.*
2,028
98,054
Axogen,
Inc.*
2,138
108,525
Beta
Bionics,
Inc.*
1,654
32,997
Bioventus,
Inc.,
Class
a
A*
1,958
26,727
Butterfly
Network,
Inc.*
8,549
67,452
CapsoVision,
Inc.(a)
1,417
8,275
Carlsmed,
Inc.*
344
5,604
Ceribell,
Inc.*
1,118
26,810
Cerus
Corp.*
8,079
21,329
ClearPoint
Neuro,
Inc.*
1,145
17,335
CONMED
Corp.
1,250
62,312
CVRx,
Inc.*
626
1,853
Delcath
Systems,
Inc.*
1,167
19,209
DENTSPLY
SIRONA,
Inc.
8,314
92,867
Electromed,
Inc.*
272
7,608
Embecta
Corp.
2,430
12,490
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
161
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Enovis
Corp.*
2,363
$
58,106
Establishment
Labs
Holdings,
Inc.*
1,100
76,263
Glaukos
Corp.*
2,342
420,530
Haemonetics
Corp.*
1,915
197,379
Hyperfine,
Inc.,
Class
a
A*
3,180
2,621
ICU
Medical,
Inc.*
1,004
173,642
Inogen,
Inc.*
1,006
5,402
Inspire
Medical
Systems,
Inc.*
1,179
74,265
Integer
Holdings
Corp.*
1,393
174,473
Integra
LifeSciences
Holdings
Corp.*
2,781
47,055
iRadimed
Corp.
345
29,801
IRhythm
Holdings,
Inc.*
1,344
159,855
Kestra
Medical
Technologies
Ltd.*
1,086
27,964
KORU
Medical
Systems,
Inc.*
1,833
6,049
Lantheus
Holdings,
Inc.*
2,653
267,847
LeMaitre
Vascular,
Inc.
887
71,208
LivaNova
plc*
2,282
182,126
Lucid
Diagnostics,
Inc.*
6,039
5,910
Merit
Medical
Systems,
Inc.*
2,430
220,304
MiniMed
Group,
Inc.*
1,168
23,664
Neogen
Corp.*
9,000
104,040
NeuroPace,
Inc.*
1,076
15,763
Novocure
Ltd.*
4,344
76,672
Omnicell,
Inc.*
1,853
65,151
OraSure
Technologies,
Inc.*
2,663
9,560
Orchestra
BioMed
Holdings,
Inc.*
1,619
8,160
Orthofix
Medical,
Inc.*
1,641
15,409
OrthoPediatrics
Corp.*
718
16,737
Procept
Biorobotics
Corp.*
2,280
48,336
Pro-Dex,
Inc.*
84
5,216
Pulse
Biosciences,
Inc.*
753
37,898
QuidelOrtho
Corp.*
2,799
40,390
RxSight,
Inc.*
1,619
11,867
Sanara
Medtech,
Inc.*
137
4,779
Senseonics
Holdings,
Inc.*
1,603
14,796
Shoulder
Innovations,
Inc.*
427
8,950
SI-BONE,
Inc.*
1,786
33,970
Sight
Sciences,
Inc.*
1,599
13,592
STAAR
Surgical
Co.*
1,379
31,152
Stereotaxis,
Inc.*
2,770
3,989
Strive,
Inc.,
Class
a
A(a)
2,580
62,488
Tactile
Systems
Technology,
Inc.*
930
21,371
Tandem
Diabetes
Care,
Inc.*
2,836
62,420
TransMedics
Group,
Inc.*
1,394
118,309
UFP
Technologies,
Inc.*
311
92,662
Utah
Medical
Products,
Inc.
124
8,820
Varex
Imaging
Corp.*
1,719
31,784
3,957,146
Health
Care
Providers
&
Services
—
1.2%
Acadia
Healthcare
Co.,
Inc.*
3,780
104,177
Accendra
Health,
Inc.*
2,929
3,544
AdaptHealth
Corp.,
Class
a
A*
4,183
23,383
Addus
HomeCare
Corp.*
757
86,805
agilon
health,
Inc.*
505
44,384
Investments
Shares
Value
Common
Stocks
(continued)
AirSculpt
Technologies,
Inc.*
393
$
990
Alignment
Healthcare,
Inc.*
8,295
111,153
AMN
Healthcare
Services,
Inc.*
1,599
54,814
Ardent
Health,
Inc.*
956
10,344
Astrana
Health,
Inc.*
1,852
70,580
Aveanna
Healthcare
Holdings,
Inc.*
3,174
42,595
BrightSpring
Health
Services,
Inc.*
6,635
387,484
Brookdale
Senior
Living,
Inc.*
9,740
114,835
Castle
Biosciences,
Inc.*
1,215
40,132
Clover
Health
Investments
Corp.,
Class
a
A*
17,082
70,890
Community
Health
Systems,
Inc.*
5,276
15,406
Concentra
Group
Holdings
Parent,
Inc.
4,791
161,648
CorVel
Corp.*
1,199
82,587
Fulgent
Genetics,
Inc.*
785
15,205
GeneDx
Holdings
Corp.,
Class
a
A*
813
68,951
Guardian
Pharmacy
Services,
Inc.,
Class
a
A*
734
27,224
HealthEquity,
Inc.*
3,445
332,580
Hims
&
Hers
Health,
Inc.*
8,776
259,594
Hinge
Health,
Inc.,
Class
a
A*
1,698
157,167
InfuSystem
Holdings,
Inc.*
783
9,513
Innovage
Holding
Corp.*
891
9,623
LifeStance
Health
Group,
Inc.*
7,777
96,124
Lumexa
Imaging
Holdings,
Inc.*
770
8,986
National
HealthCare
Corp.
527
114,111
NeoGenomics,
Inc.*
5,344
95,711
NRC
Health
480
10,051
Nutex
Health,
Inc.(a)
203
38,318
Omada
Health,
Inc.*
1,446
35,499
OPKO
Health,
Inc.*
16,365
24,057
Option
Care
Health,
Inc.*
6,482
152,003
PACS
Group,
Inc.*
1,890
79,966
Pediatrix
Medical
Group,
Inc.*
3,386
88,815
Pennant
Group,
Inc.
(The)*
1,387
50,986
Privia
Health
Group,
Inc.*
4,909
100,585
Progyny,
Inc.*
2,774
70,987
RadNet,
Inc.*
2,905
220,257
SBC
Medical
Group
Holdings,
Inc.*
782
3,144
Sonida
Senior
Living,
Inc.*
1,172
43,950
Starling
Oncology,
Inc.*
3,110
18,380
Strata
Critical
Medical,
Inc.*
2,772
15,690
Surgery
Partners,
Inc.*
3,246
45,087
U.S.
Physical
Therapy,
Inc.
617
47,966
Viemed
Healthcare,
Inc.*
1,385
12,243
3,678,524
Health
Care
REITs
—
0.3%
CareTrust
REIT,
Inc.
9,233
359,625
Chiron
Real
Estate,
Inc.,
REIT
518
18,907
Community
Healthcare
Trust,
Inc.,
REIT
1,123
16,519
Diversified
Healthcare
Trust,
REIT
9,066
68,630
LTC
Properties,
Inc.,
REIT
2,020
81,447
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
162
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
National
Health
Investors,
Inc.,
REIT
1,974
$
140,371
National
Healthcare
Properties,
Inc.,
Class
a
A,
REIT
1,850
29,711
Sabra
Health
Care
REIT,
Inc.
10,380
211,648
Strawberry
Fields
REIT,
Inc.
326
4,398
Universal
Health
Realty
Income
Trust,
REIT
531
21,760
953,016
Health
Care
Technology
—
0.2%
Certara,
Inc.*
4,718
39,112
Claritev
Corp.(a)
395
15,733
Evolent
Health,
Inc.,
Class
a
A*
4,654
20,943
HealthStream,
Inc.
970
28,178
HeartFlow,
Inc.*
3,263
164,423
LifeMD,
Inc.*
1,633
5,046
Phreesia,
Inc.*
2,020
24,664
Schrodinger,
Inc.*
2,354
45,903
Simulations
Plus,
Inc.*
697
12,825
Teladoc
Health,
Inc.*
7,396
46,891
Waystar
Holding
Corp.*
4,546
119,014
522,732
Hotel
&
Resort
REITs
—
0.3%
Apple
Hospitality
REIT,
Inc.
8,934
142,497
Braemar
Hotels
&
Resorts,
Inc.,
REIT
2,397
4,842
Chatham
Lodging
Trust,
REIT
1,836
23,923
DiamondRock
Hospitality
Co.,
REIT
8,405
103,466
Park
Hotels
&
Resorts,
Inc.,
REIT
7,669
117,336
Pebblebrook
Hotel
Trust,
REIT
4,608
83,497
RLJ
Lodging
Trust,
REIT
5,083
56,116
Ryman
Hospitality
Properties,
Inc.,
REIT
2,761
349,984
Service
Properties
Trust,
REIT
4,769
37,198
Summit
Hotel
Properties,
Inc.,
REIT
4,243
24,822
Sunstone
Hotel
Investors,
Inc.,
REIT
7,417
82,848
Xenia
Hotels
&
Resorts,
Inc.,
REIT
3,808
71,400
1,097,929
Hotels,
Restaurants
&
Leisure
—
0.8%
Accel
Entertainment,
Inc.,
Class
a
A*
2,112
24,584
Bally's
Corp.*
417
3,736
Biglari
Holdings,
Inc.,
Class
a
A*
2
3,915
Biglari
Holdings,
Inc.,
Class
a
B*
28
10,877
BJ's
Restaurants,
Inc.*
785
49,918
Black
Rock
Coffee
Bar,
Inc.,
Class
a
A*
718
6,857
Bloomin'
Brands,
Inc.*
3,501
36,060
Brightstar
Lottery
plc
3,989
44,956
Brinker
International,
Inc.*
1,766
403,531
Cheesecake
Factory,
Inc.
(The)
1,922
210,440
Cracker
Barrel
Old
Country
Store,
Inc.(a)
922
50,931
Investments
Shares
Value
Common
Stocks
(continued)
Dave
&
Buster's
Entertainment,
Inc.*
1,107
$
9,930
Dine
Brands
Global,
Inc.
511
16,904
El
Pollo
Loco
Holdings,
Inc.*
1,169
17,851
First
Watch
Restaurant
Group,
Inc.*
2,522
31,979
Genius
Sports
Ltd.*
9,678
71,811
Global
Business
Travel
Group
I*
5,138
48,605
Hilton
Grand
Vacations,
Inc.*
2,304
97,713
Inspired
Entertainment,
Inc.*
1,027
5,987
Jack
in
the
Box,
Inc.*
726
11,986
Krispy
Kreme,
Inc.*
3,267
11,173
Kura
Sushi
USA,
Inc.,
Class
a
A*
281
12,830
Life
Time
Group
Holdings,
Inc.*
5,948
249,935
Lindblad
Expeditions
Holdings,
Inc.*
2,031
53,943
Marriott
Vacations
Worldwide
Corp.
1,145
119,378
Monarch
Casino
&
Resort,
Inc.
497
59,864
Nathan's
Famous,
Inc.
119
11,645
Navan,
Inc.,
Class
a
A*
4,237
123,127
Papa
John's
International,
Inc.
(a)
1,348
31,651
Penn
Entertainment,
Inc.*
5,251
87,744
Portillo's,
Inc.,
Class
a
A*
2,734
12,494
Pursuit
Attractions
and
Hospitality,
Inc.*
854
40,992
RCI
Hospitality
Holdings,
Inc.
275
8,011
Red
Rock
Resorts,
Inc.,
Class
a
A
1,953
109,681
Rush
Street
Interactive,
Inc.*
4,123
106,209
Sabre
Corp.*
13,846
30,046
Serve
Robotics,
Inc.(a)
2,914
14,191
Shake
Shack,
Inc.,
Class
a
A*
1,607
110,706
Six
Flags
Entertainment
Corp.*
3,938
59,267
Super
Group
SGHC
Ltd.
6,665
90,244
Sweetgreen,
Inc.,
Class
a
A*
4,309
29,991
Target
Hospitality
Corp.*
1,652
30,595
United
Parks
&
Resorts,
Inc.*
802
32,088
Venu
Holding
Corp.*
1,952
3,748
Wendy's
Co.
(The)(a)
6,602
54,797
Xponential
Fitness,
Inc.,
Class
a
A*
1,451
7,908
2,660,829
Household
Durables
—
0.6%
Beazer
Homes
USA,
Inc.*
1,012
33,578
Cavco
Industries,
Inc.*
320
178,922
Century
Communities,
Inc.
1,035
69,914
Champion
Homes,
Inc.*
2,264
202,107
Cricut,
Inc.,
Class
a
A
2,031
11,983
Dream
Finders
Homes,
Inc.,
Class
a
A*
1,152
16,186
Ethan
Allen
Interiors,
Inc.
964
22,799
Flexsteel
Industries,
Inc.
136
10,817
GoPro,
Inc.,
Class
a
A(a)
5,466
4,789
Green
Brick
Partners,
Inc.*
1,253
90,492
Hamilton
Beach
Brands
Holding
Co.,
Class
a
A
295
9,266
Helen
of
Troy
Ltd.*
950
28,595
Hovnanian
Enterprises,
Inc.,
Class
a
A*
195
24,205
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
163
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Installed
Building
Products,
Inc.
969
$
235,302
KB
Home
2,492
132,824
La-Z-Boy,
Inc.
1,653
52,301
Legacy
Housing
Corp.*
363
10,211
LGI
Homes,
Inc.*
847
47,381
Lifetime
Brands,
Inc.
496
4,687
Lovesac
Co.
(The)*
579
9,030
M/I
Homes,
Inc.*
1,045
155,507
Meritage
Homes
Corp.
2,712
188,294
Newell
Brands,
Inc.
17,474
109,213
Sonos,
Inc.*
4,939
77,048
XMAX,
Inc.(a)
2,491
22,344
1,747,795
Household
Products
—
0.1%
Central
Garden
&
Pet
Co.*
338
14,527
Central
Garden
&
Pet
Co.,
Class
a
A*
2,049
76,243
Energizer
Holdings,
Inc.
2,527
55,038
Oil-Dri
Corp.
of
America
406
36,532
Spectrum
Brands
Holdings,
Inc.
924
79,751
WD-40
Co.
556
119,067
381,158
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
Hallador
Energy
Co.*
1,433
23,759
Montauk
Renewables,
Inc.*
2,784
4,789
Ormat
Technologies,
Inc.
2,553
260,406
288,954
Industrial
Conglomerates
—
0.0%(b)
Brookfield
Business
Corp.,
Class
a
A
2,843
77,870
Industrial
REITs
—
0.2%
Industrial
Logistics
Properties
Trust,
REIT
2,308
19,053
Innovative
Industrial
Properties,
Inc.,
REIT
1,172
66,710
LXP
Industrial
Trust,
REIT
2,390
145,097
One
Liberty
Properties,
Inc.,
REIT
718
17,182
Terreno
Realty
Corp.,
REIT
4,349
287,947
535,989
Insurance
—
0.9%
Abacus
Global
Management,
Inc.
1,141
10,954
Accelerant
Holdings,
Class
a
A*
2,481
48,950
American
Coastal
Insurance
Corp.
1,024
9,697
American
Integrity
Insurance
Group,
Inc.
493
12,818
AMERISAFE,
Inc.
769
20,025
Ategrity
Specialty
Holdings
LLC*
378
9,930
Baldwin
Insurance
Group,
Inc.
(The),
Class
a
A*
3,983
122,876
Bowhead
Specialty
Holdings,
Inc.*
744
24,939
Investments
Shares
Value
Common
Stocks
(continued)
Citizens,
Inc.,
Class
a
A*
1,868
$
7,024
CNO
Financial
Group,
Inc.
3,813
208,914
Crawford
&
Co.,
Class
a
A
666
8,738
Donegal
Group,
Inc.,
Class
a
A
702
13,422
Employers
Holdings,
Inc.
757
37,161
Exzeo
Group,
Inc.*
334
5,605
F&G
Annuities
&
Life,
Inc.
1,446
34,415
Genworth
Financial,
Inc.,
Class
a
A*
15,677
155,829
Goosehead
Insurance,
Inc.,
Class
a
A*
951
65,286
Greenlight
Capital
Re
Ltd.,
Class
a
A*
1,067
16,176
Hamilton
Insurance
Group
Ltd.,
Class
a
B
1,889
66,417
HCI
Group,
Inc.
458
85,064
Heritage
Insurance
Holdings,
Inc.*
1,006
33,822
Hippo
Holdings,
Inc.*
777
25,540
Horace
Mann
Educators
Corp.
1,655
84,223
Investors
Title
Co.
60
17,664
James
River
Group
Holdings,
Inc.
1,520
6,095
Kemper
Corp.
2,425
68,336
Kingstone
Cos.,
Inc.
474
9,314
Kingsway
Corp.*
879
9,062
Lemonade,
Inc.*
2,921
152,564
MBIA,
Inc.*
1,885
9,105
Mercury
General
Corp.
1,108
112,972
Neptune
Insurance
Holdings,
Inc.,
Class
a
A*
1,549
51,597
NI
Holdings,
Inc.*
275
4,125
Octave
Specialty
Group,
Inc.*
1,680
7,325
Oscar
Health,
Inc.,
Class
a
A*
9,801
293,638
Palomar
Holdings,
Inc.
1,080
143,176
Pelagos
Insurance
Capital
Ltd.
1,786
43,596
Porch
Group,
Inc.*
3,960
67,280
Root,
Inc.,
Class
a
A*
524
29,077
Safety
Insurance
Group,
Inc.
598
62,037
Selective
Insurance
Group,
Inc.
2,477
226,125
SiriusPoint
Ltd.*
4,314
104,356
Skyward
Specialty
Insurance
Group,
Inc.*
1,705
97,884
Slide
Insurance
Holdings,
Inc.
2,691
62,566
Stewart
Information
Services
Corp.
1,245
85,469
Tiptree,
Inc.,
Class
a
A
960
17,779
Trupanion,
Inc.*
1,378
40,169
United
Fire
Group,
Inc.
882
47,513
Universal
Insurance
Holdings,
Inc.
1,031
44,312
2,920,961
Interactive
Media
&
Services
—
0.2%
Angi,
Inc.,
Class
a
A*
1,194
5,552
Bumble,
Inc.,
Class
a
A(a)
4,117
11,281
Cargurus,
Inc.,
Class
a
A*
3,060
109,120
Cars.com,
Inc.*
1,848
21,622
EverQuote,
Inc.,
Class
a
A*
1,149
29,230
fuboTV,
Inc.,
Class
a
A(a)
1,172
12,341
Grindr,
Inc.*
1,067
16,517
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
164
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
MediaAlpha,
Inc.,
Class
a
A*
1,253
$
15,813
Nextdoor
Holdings,
Inc.*
9,526
21,433
QuinStreet,
Inc.*
2,243
43,604
RUM
Group,
Inc.*
4,589
41,117
Shutterstock,
Inc.
1,056
5,850
Taboola.com
Ltd.*
5,184
19,336
TripAdvisor,
Inc.*
4,640
44,173
Trump
Media
&
Technology
Group
Corp.*
6,628
64,755
Webtoon
Entertainment,
Inc.(a)
866
9,128
WeShop
Holdings
Ltd.,
Class
a
A(a)
58
292
Yelp,
Inc.,
Class
a
A*
2,176
48,634
Ziff
Davis,
Inc.*
1,418
78,203
ZipRecruiter,
Inc.,
Class
a
A*
2,670
11,374
ZoomInfo
Technologies,
Inc.,
Class
a
A*
10,000
42,400
651,775
IT
Services
—
0.2%
Backblaze,
Inc.,
Class
a
A*
2,381
33,643
BigBear.ai
Holdings,
Inc.(a)
19,858
62,156
Brand
Engagement
Network,
Inc.*
182
2,049
Commerce.com,
Inc.,
Series
1*
3,087
7,440
Crexendo,
Inc.*
751
4,611
DXC
Technology
Co.*
6,992
79,010
Everforth,
Inc.*
1,653
53,590
Fastly,
Inc.,
Class
a
A*
6,221
141,777
Globant
SA*
1,754
71,405
Grid
Dynamics
Holdings,
Inc.*
2,695
21,506
Hackett
Group,
Inc.
(The)
913
10,235
Information
Services
Group,
Inc.
1,428
7,311
Rackspace
Technology,
Inc.(a)
3,742
11,712
SharonAI
Holdings,
Inc.(a)
174
9,546
TSS,
Inc.*
995
7,831
Tucows,
Inc.,
Class
a
A(a)
283
2,994
Unisys
Corp.*
2,661
7,185
Whitefiber,
Inc.(a)
462
8,741
542,742
Leisure
Products
—
0.2%
Acushnet
Holdings
Corp.
1,136
98,139
Callaway
Golf
Co.*
5,733
90,065
Escalade,
Inc.
345
6,955
Funko,
Inc.,
Class
a
A*
1,719
11,552
JAKKS
Pacific,
Inc.
378
9,492
Johnson
Outdoors,
Inc.,
Class
a
A
264
11,880
Latham
Group,
Inc.*
2,103
14,868
Malibu
Boats,
Inc.,
Class
a
A*
814
21,945
MasterCraft
Boat
Holdings,
Inc.*
748
17,414
Peloton
Interactive,
Inc.,
Class
a
A*
16,613
89,046
Polaris,
Inc.
2,224
143,537
Smith
&
Wesson
Brands,
Inc.
1,818
23,125
Sturm
Ruger
&
Co.,
Inc.
564
21,415
Investments
Shares
Value
Common
Stocks
(continued)
Tron,
Inc.*
2,099
$
3,673
563,106
Life
Sciences
Tools
&
Services
—
0.3%
10X
Genomics,
Inc.,
Class
a
A*
4,842
302,383
Adaptive
Biotechnologies
Corp.*
6,258
155,949
Alamar
Biosciences,
Inc.*
540
16,492
Alpha
Teknova,
Inc.(a)
455
3,267
Azenta,
Inc.*
1,707
55,734
BioLife
Solutions,
Inc.*
1,732
64,205
Codexis,
Inc.*
3,510
5,967
CryoPort,
Inc.*
2,012
32,192
Cytek
Biosciences,
Inc.*
4,939
23,608
Fortrea
Holdings,
Inc.*
3,921
72,029
Ginkgo
Bioworks
Holdings,
Inc.*
1,935
13,177
Lifecore
Biomedical,
Inc.*
1,148
5,120
Maravai
LifeSciences
Holdings,
Inc.,
Class
a
A*
4,581
34,999
Mesa
Laboratories,
Inc.
218
27,876
Nautilus
Biotechnology,
Inc.,
Class
a
A*
2,021
1,965
OmniAb,
Inc.*
4,468
19,570
Pacific
Biosciences
of
California,
Inc.*
11,463
15,532
Personalis,
Inc.*
2,754
46,212
Quanterix
Corp.*
1,734
4,630
900,907
Machinery
—
1.2%
3D
Systems
Corp.*
5,894
19,332
Aebi
Schmidt
Holding
AG
1,525
19,291
AirJoule
Technologies
Corp.*
1,321
5,984
Alamo
Group,
Inc.
430
70,769
Albany
International
Corp.,
Class
a
A
1,176
65,186
Alliance
Laundry
Holdings,
Inc.*
2,589
59,314
Astec
Industries,
Inc.
946
40,252
Atmus
Filtration
Technologies,
Inc.
3,391
160,157
Blue
Bird
Corp.*
1,297
75,420
CECO
Environmental
Corp.*
2,144
152,653
Columbus
McKinnon
Corp.
1,165
20,574
Commercial
Vehicle
Group,
Inc.*
1,265
3,921
Douglas
Dynamics,
Inc.
947
38,893
Elmet
Group
Co.
(The)*
405
6,646
Energy
Recovery,
Inc.*
2,123
16,368
Enerpac
Tool
Group
Corp.,
Class
a
A
2,119
79,081
Enpro,
Inc.
875
259,192
ESCO
Technologies,
Inc.
1,076
293,780
Federal
Signal
Corp.
2,480
290,160
Franklin
Electric
Co.,
Inc.
1,555
155,640
FreightCar
America,
Inc.*
603
4,155
Gencor
Industries,
Inc.*
426
7,907
Gorman-Rupp
Co.
(The)
869
65,523
Graham
Corp.*
436
38,024
Greenbrier
Cos.,
Inc.
(The)
1,256
56,608
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
165
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Helios
Technologies,
Inc.
1,357
$
99,088
Hillman
Solutions
Corp.*
8,104
62,401
Hyster-Yale,
Inc.
458
15,508
JBT
Marel
Corp.
2,157
252,089
Kadant,
Inc.
489
146,279
Kennametal,
Inc.
3,152
92,480
L
B
Foster
Co.,
Class
a
A*
403
15,116
Lindsay
Corp.
424
48,722
Luxfer
Holdings
plc
1,096
18,829
Manitowoc
Co.,
Inc.
(The)*
1,439
27,945
Mayville
Engineering
Co.,
Inc.*
595
11,519
Microvast
Holdings,
Inc.(a)
8,590
6,168
Miller
Industries,
Inc.
449
25,153
Mueller
Water
Products,
Inc.,
Class
a
A
6,388
154,206
Omega
Flex,
Inc.
146
3,889
Palladyne
AI
Corp.(a)
1,470
8,394
Park-Ohio
Holdings
Corp.
410
18,503
Perma-Pipe
International
Holdings,
Inc.*
302
8,284
Proto
Labs,
Inc.*
979
78,379
Richtech
Robotics,
Inc.,
Class
a
B(a)
7,598
14,208
Standex
International
Corp.
495
143,382
Taylor
Devices,
Inc.*
131
7,863
Tennant
Co.
730
50,808
Terex
Corp.
4,679
297,163
Titan
International,
Inc.*
2,158
15,516
Trinity
Industries,
Inc.
3,280
94,530
Twin
Disc,
Inc.
468
10,741
Velo3D,
Inc.(a)
671
7,992
Wabash
National
Corp.
1,616
21,800
Worthington
Enterprises,
Inc.
1,272
73,064
3,834,849
Marine
Transportation
—
0.1%
Costamare
Bulkers
Holdings
Ltd.*
345
7,062
Costamare,
Inc.
1,831
27,978
Genco
Shipping
&
Trading
Ltd.
1,325
34,755
Himalaya
Shipping
Ltd.
1,203
20,138
Matson,
Inc.
1,240
278,764
Pangaea
Logistics
Solutions
Ltd.
1,454
11,807
Safe
Bulkers,
Inc.
2,246
19,383
399,887
Media
—
0.2%
Advantage
Solutions,
Inc.(a)
176
5,803
AMC
Global
Media,
Inc.,
Class
a
A(a)
1,288
16,216
Boston
Omaha
Corp.,
Class
a
A*
895
12,342
Cable
One,
Inc.*
213
5,832
Clear
Channel
Outdoor
Holdings,
Inc.*
15,891
37,662
DoubleVerify
Holdings,
Inc.*
5,731
76,795
Entravision
Communications
Corp.,
Class
a
A
2,600
20,774
EW
Scripps
Co.
(The),
Class
a
A*
2,348
7,772
GD
Culture
Group
Ltd.*
14
21
Investments
Shares
Value
Common
Stocks
(continued)
Gray
Media,
Inc.
3,605
$
17,592
Ibotta,
Inc.,
Class
a
A*
404
15,033
iHeartMedia,
Inc.,
Class
a
A*
5,009
13,624
John
Wiley
&
Sons,
Inc.,
Class
a
A
1,604
84,034
Lee
Enterprises,
Inc.(a)
267
2,136
Magnite,
Inc.*
5,864
137,745
MNTN,
Inc.,
Class
a
A*
1,905
25,051
National
CineMedia,
Inc.
2,710
6,829
Newsmax,
Inc.,
Class
a
B*
1,958
21,068
Nexxen
International
Ltd.*
1,232
12,012
Optimum
Communications,
Inc.,
Class
a
A*
10,827
10,530
PubMatic,
Inc.,
Class
a
A*
1,586
26,375
Scholastic
Corp.
619
23,770
Sinclair,
Inc.
1,716
24,196
Stagwell,
Inc.,
Class
a
A*
4,245
36,847
TechTarget,
Inc.*
1,241
4,803
USA
Today
Co.,
Inc.*
5,573
35,054
679,916
Metals
&
Mining
—
0.8%
Alpha
Metallurgical
Resources,
Inc.*
436
102,765
American
Battery
Technology
Co.(a)
5,258
14,197
Ampco-Pittsburgh
Corp.*
657
5,637
Caledonia
Mining
Corp.
plc
685
17,337
Century
Aluminum
Co.*
2,850
130,445
Commercial
Metals
Co.
4,582
309,148
Compass
Minerals
International,
Inc.*
1,304
32,417
Constellium
SE,
Class
a
A*
5,503
145,444
Contango
Silver
&
Gold,
Inc.*
1,067
20,807
Critical
Metals
Corp.(a)
2,757
19,878
Dakota
Gold
Corp.*
4,742
28,831
Elemental
Royalty
Corp.
1,451
31,226
Ferroglobe
plc
4,910
20,180
Friedman
Industries,
Inc.
279
12,067
Hycroft
Mining
Holding
Corp.,
Class
a
A*
2,216
51,921
Idaho
Strategic
Resources,
Inc.*
623
20,272
Ivanhoe
Electric,
Inc.*
4,929
54,515
Kaiser
Aluminum
Corp.
672
106,700
Lifezone
Metals
Ltd.*
1,583
7,329
Materion
Corp.
853
201,376
McEwen,
Inc.*
2,123
42,800
Metallus,
Inc.*
1,490
29,085
NioCorp
Developments
Ltd.*
5,820
24,386
Novagold
Resources,
Inc.*
14,159
121,767
Perpetua
Resources
Corp.*
3,493
87,115
Ramaco
Resources,
Inc.,
Class
a
A*
1,782
25,376
Ramaco
Resources,
Inc.,
Class
a
B*
287
2,170
REalloys,
Inc.(a)
2,311
23,919
Ryerson
Holding
Corp.
1,840
46,110
Silver
Bow
Mining
Corp.*
218
1,921
SSR
Mining,
Inc.
8,968
337,286
SunCoke
Energy,
Inc.
3,504
36,196
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
166
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Tredegar
Corp.*
1,128
$
8,674
U.S.
Gold
Corp.(a)
584
9,233
U.S.
GoldMining,
Inc.*
120
1,074
United
States
Antimony
Corp.
(a)
5,436
26,473
USA
Rare
Earth,
Inc.*
7,890
140,600
Vista
Gold
Corp.*
5,871
12,799
Vox
Royalty
Corp.
2,534
13,924
Warrior
Met
Coal,
Inc.
2,158
233,582
Worthington
Steel,
Inc.
1,357
46,749
2,603,731
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.3%
ACRES
Commercial
Realty
Corp.*
234
3,260
Adamas
Trust,
Inc.
3,469
33,788
Angel
Oak
Mortgage
REIT,
Inc.
685
5,686
Arbor
Realty
Trust,
Inc.(a)
7,797
39,063
Ares
Commercial
Real
Estate
Corp.
2,169
9,912
ARMOUR
Residential
REIT,
Inc.
5,167
83,809
Blackstone
Mortgage
Trust,
Inc.,
Class
a
A
6,561
91,198
BrightSpire
Capital,
Inc.,
Class
a
A
5,011
23,802
Chicago
Atlantic
Real
Estate
Finance,
Inc.
767
8,345
Chimera
Investment
Corp.
3,423
39,228
Claros
Mortgage
Trust,
Inc.*
3,912
6,220
Dynex
Capital,
Inc.
8,912
114,876
Ellington
Financial,
Inc.
5,063
67,743
Franklin
BSP
Realty
Trust,
Inc.
3,155
26,407
Invesco
Mortgage
Capital,
Inc.
(a)
3,704
27,076
KKR
Real
Estate
Finance
Trust,
Inc.
2,199
16,756
Ladder
Capital
Corp.,
Class
a
A
4,654
45,609
MFA
Financial,
Inc.
4,152
36,621
Nexpoint
Real
Estate
Finance,
Inc.
291
5,014
Orchid
Island
Capital,
Inc.(a)
8,360
55,092
PennyMac
Mortgage
Investment
Trust
3,596
33,515
Ready
Capital
Corp.
5,898
10,439
Redwood
Trust,
Inc.
5,127
23,687
Seven
Hills
Realty
Trust(a)
907
6,866
TPG
Mortgage
Investment
Trust,
Inc.
1,217
8,190
TPG
RE
Finance
Trust,
Inc.
2,889
22,332
844,534
Multi-Utilities
—
0.2%
Avista
Corp.
3,409
126,678
Black
Hills
Corp.
3,160
226,509
Northwestern
Energy
Group,
Inc.
2,547
176,151
Unitil
Corp.
734
39,298
568,636
Investments
Shares
Value
Common
Stocks
(continued)
Office
REITs
—
0.2%
Brandywine
Realty
Trust,
REIT
6,902
$
20,844
COPT
Defense
Properties,
REIT
4,718
169,848
Douglas
Emmett,
Inc.,
REIT
6,733
77,834
Easterly
Government
Properties,
Inc.,
Class
a
A,
REIT
1,814
44,497
Empire
State
Realty
Trust,
Inc.,
Class
a
A,
REIT
5,842
26,464
Hudson
Pacific
Properties,
Inc.,
REIT*
2,176
27,352
JBG
SMITH
Properties,
REIT(a)
2,449
29,511
NET
Lease
Office
Properties,
REIT
613
7,001
Orion
Properties,
Inc.,
REIT
2,184
6,224
Piedmont
Realty
Trust,
Inc.,
Class
a
A,
REIT*
5,154
49,324
Postal
Realty
Trust,
Inc.,
Class
a
A,
REIT
1,085
25,443
SL
Green
Realty
Corp.,
REIT
2,961
165,757
650,099
Oil,
Gas
&
Consumable
Fuels
—
1.7%
Aemetis,
Inc.*
2,634
4,926
American
Resources
Corp.(a)
3,602
8,501
Amplify
Energy
Corp.*
1,452
7,144
Ardmore
Shipping
Corp.
1,455
25,302
BKV
Corp.*
1,319
31,867
California
Resources
Corp.
2,984
158,241
Calumet,
Inc.*
2,811
139,791
Centrus
Energy
Corp.,
Class
a
A(a)
757
129,750
Clean
Energy
Fuels
Corp.*
6,675
10,613
CNX
Resources
Corp.*
5,613
204,201
Comstock
Resources,
Inc.*
2,885
41,631
Comstock,
Inc.*
2,998
9,923
Core
Natural
Resources,
Inc.
2,065
211,249
Crescent
Energy
Co.,
Class
a
A
10,560
144,566
CVR
Energy,
Inc.
1,217
50,944
Delek
US
Holdings,
Inc.
2,484
184,654
DHT
Holdings,
Inc.
5,991
117,424
Diversified
Energy
Co.
2,883
42,928
Dorian
LPG
Ltd.
1,527
76,411
Encore
Energy
Corp.(a)
7,918
9,897
Energy
Fuels,
Inc.(a)
10,568
155,878
Epsilon
Energy
Ltd.
829
5,165
Evolution
Petroleum
Corp.
1,307
4,836
Excelerate
Energy,
Inc.,
Class
a
A
982
38,907
FLEX
LNG
Ltd.(a)
1,290
40,841
FutureFuel
Corp.
1,056
5,565
Gevo,
Inc.*
9,708
16,115
Golar
LNG
Ltd.
3,993
205,600
Granite
Ridge
Resources,
Inc.
2,292
11,529
Green
Plains,
Inc.*
2,820
40,749
Gulfport
Energy
Corp.*
648
116,284
HighPeak
Energy,
Inc.
931
7,625
Infinity
Natural
Resources,
Inc.,
Class
a
A(a)
683
10,545
International
Seaways,
Inc.
1,713
168,970
Kinetik
Holdings,
Inc.,
Class
a
A
2,098
115,033
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
167
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Kolibri
Global
Energy,
Inc.*
1,195
$
7,206
Kosmos
Energy
Ltd.*
24,164
69,109
Lightbridge
Corp.*
1,392
10,482
Magnolia
Oil
&
Gas
Corp.,
Class
a
A
9,441
253,491
Murphy
Oil
Corp.
5,635
205,227
NACCO
Industries,
Inc.,
Class
a
A
167
7,146
Navigator
Holdings
Ltd.
1,508
33,342
New
Era
Energy
&
Digital,
Inc.(a)
3,262
15,478
NextDecade
Corp.*
6,846
51,619
Nordic
American
Tankers
Ltd.
8,369
57,160
Northern
Oil
&
Gas,
Inc.
4,281
111,349
OPAL
Fuels,
Inc.,
Class
a
A*
885
1,761
Par
Pacific
Holdings,
Inc.*
1,998
159,680
PBF
Energy,
Inc.,
Class
a
A
4,014
292,982
Peabody
Energy
Corp.
5,036
149,519
PEDEVCO
Corp.*
62
844
PrimeEnergy
Resources
Corp.*
26
5,488
REX
American
Resources
Corp.*
1,192
48,967
Riley
Exploration
Permian,
Inc.
620
24,199
Ring
Energy,
Inc.*
7,782
11,439
Sable
Offshore
Corp.(a)
5,435
26,251
SandRidge
Energy,
Inc.
1,310
18,497
Scorpio
Tankers,
Inc.
1,892
149,203
SFL
Corp.
Ltd.
5,048
62,848
SM
Energy
Co.
9,907
368,342
Summit
Midstream
Corp.*
365
12,713
Talos
Energy,
Inc.*
5,196
89,683
Teekay
Corp.
Ltd.
2,285
30,071
Teekay
Tankers
Ltd.,
Class
a
A
999
89,550
Uranium
Energy
Corp.*
20,095
245,963
Ur-Energy,
Inc.*
15,459
21,952
VAALCO
Energy,
Inc.
4,235
25,156
Vitesse
Energy,
Inc.
1,311
22,929
W&T
Offshore,
Inc.
3,979
14,762
World
Kinect
Corp.
2,052
73,359
5,321,372
Paper
&
Forest
Products
—
0.0%(b)
Clearwater
Paper
Corp.*
643
13,496
Magnera
Corp.*
1,371
17,220
Sylvamo
Corp.
1,375
49,390
80,106
Passenger
Airlines
—
0.2%
Allegiant
Travel
Co.*
993
75,518
flyExclusive,
Inc.*
576
674
Frontier
Group
Holdings,
Inc.*
2,419
13,788
JetBlue
Airways
Corp.*
13,855
63,733
Joby
Aviation,
Inc.*
27,528
188,291
Republic
Airways
Holdings,
Inc.*
578
10,063
SkyWest,
Inc.*
1,629
154,201
Wheels
Up
Experience,
Inc.,
Class
a
A*
223
986
507,254
Investments
Shares
Value
Common
Stocks
(continued)
Personal
Care
Products
—
0.1%
BellRing
Brands,
Inc.*
4,820
$
51,912
Coty,
Inc.,
Class
a
A*
14,698
41,889
Edgewell
Personal
Care
Co.
1,921
55,171
Herbalife
Ltd.*
4,168
45,806
Honest
Co.,
Inc.
(The)*
3,906
22,342
Interparfums,
Inc.
754
88,542
Nature's
Sunshine
Products,
Inc.*
598
8,462
Niagen
Bioscience,
Inc.*
2,351
7,359
Nu
Skin
Enterprises,
Inc.,
Class
a
A
1,981
9,291
Oddity
Tech
Ltd.,
Class
a
A(a)
1,637
23,573
USANA
Health
Sciences,
Inc.*
455
6,488
360,835
Pharmaceuticals
—
1.2%
Aclaris
Therapeutics,
Inc.*
4,814
29,125
Alto
Neuroscience,
Inc.*
1,063
37,609
Alumis,
Inc.*
3,207
69,945
Amneal
Pharmaceuticals,
Inc.*
6,934
121,137
Amphastar
Pharmaceuticals,
Inc.*
1,311
29,537
Amylyx
Pharmaceuticals,
Inc.*
4,166
140,603
AN2
Therapeutics,
Inc.*
1,075
5,966
ANI
Pharmaceuticals,
Inc.*
834
61,090
Aquestive
Therapeutics,
Inc.(a)
4,386
22,412
Arvinas,
Inc.*
2,415
22,218
AtaiBeckley,
Inc.*
13,009
95,486
Atea
Pharmaceuticals,
Inc.*
2,880
15,408
Avalyn
Pharma,
Inc.(a)
695
24,137
BioAge
Labs,
Inc.*
1,427
13,557
Collegium
Pharmaceutical,
Inc.*
1,337
32,904
Context
Therapeutics,
Inc.*
3,782
1,474
Contineum
Therapeutics,
Inc.,
Class
a
A*
1,092
17,734
CorMedix,
Inc.(a)
3,028
25,011
Crinetics
Pharmaceuticals,
Inc.*
4,210
357,639
Definium
Therapeutics,
Inc.*
5,284
209,880
Edgewise
Therapeutics,
Inc.*
2,904
121,300
Enliven
Therapeutics,
Inc.*
1,739
100,671
Eton
Pharmaceuticals,
Inc.*
1,084
65,517
Evolus,
Inc.*
2,411
21,916
EyePoint,
Inc.*
3,143
14,143
Fulcrum
Therapeutics,
Inc.*
2,411
9,379
Harmony
Biosciences
Holdings,
Inc.*
1,835
72,262
Harrow,
Inc.*
1,314
48,500
Indivior
Pharmaceuticals,
Inc.*
4,872
170,179
Innoviva,
Inc.*
3,071
63,785
LB
Pharmaceuticals,
Inc.*
908
42,912
LENZ
Therapeutics,
Inc.(a)
833
4,340
Lexicon
Pharmaceuticals,
Inc.*
10,106
22,738
Ligand
Pharmaceuticals,
Inc.*
816
231,826
Liquidia
Corp.*
2,866
195,375
Maze
Therapeutics,
Inc.*
1,433
38,075
MBX
Biosciences,
Inc.*
1,260
77,616
MediWound
Ltd.*
414
5,221
Nektar
Therapeutics*
1,398
99,789
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
168
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Neumora
Therapeutics,
Inc.*
4,167
$
5,542
Nuvation
Bio,
Inc.*
10,234
68,158
Ocular
Therapeutix,
Inc.*
8,371
87,812
Omeros
Corp.(a)
2,929
55,036
Oramed
Pharmaceuticals,
Inc.
1,383
6,943
Pacira
BioSciences,
Inc.*
1,609
41,673
Perrigo
Co.
plc
5,719
83,726
Phathom
Pharmaceuticals,
Inc.
(a)
2,002
19,159
Phibro
Animal
Health
Corp.,
Class
a
A
851
32,117
Prestige
Consumer
Healthcare,
Inc.*
1,946
100,764
Rapport
Therapeutics,
Inc.*
1,244
60,545
Relmada
Therapeutics,
Inc.*
3,840
16,742
Septerna,
Inc.*
899
34,297
SIGA
Technologies,
Inc.
1,719
5,398
SpyGlass
Pharma,
Inc.*
449
11,719
Supernus
Pharmaceuticals,
Inc.*
2,280
100,799
Tarsus
Pharmaceuticals,
Inc.*
1,700
126,208
Theravance
Biopharma,
Inc.*
1,639
27,929
Third
Harmonic
Bio,
Inc.*‡
2,105
—
Trevi
Therapeutics,
Inc.*
4,352
72,243
VeraDermics,
Inc.*
884
86,994
Wave
Life
Sciences,
Inc.*
5,603
27,455
Xeris
Biopharma
Holdings,
Inc.*
6,963
58,768
Zevra
Therapeutics,
Inc.*
2,392
28,082
3,896,525
Professional
Services
—
0.6%
Asure
Software,
Inc.*
989
9,020
Barrett
Business
Services,
Inc.
974
33,506
BlackSky
Technology,
Inc.*
1,360
31,416
CBIZ,
Inc.*
1,999
108,925
Clarivate
plc*
14,219
29,149
Concentrix
Corp.
1,736
52,254
Conduent,
Inc.*
5,845
10,053
CRA
International,
Inc.
258
45,021
Exponent,
Inc.
2,001
142,091
Falcon's
Beyond
Global,
Inc.,
Class
a
A(a)
1,136
10,156
First
Advantage
Corp.*
3,238
68,063
Franklin
Covey
Co.*
382
7,774
HireQuest,
Inc.
227
3,623
Huron
Consulting
Group,
Inc.*
673
107,606
IBEX
Holdings
Ltd.*
406
15,615
ICF
International,
Inc.
742
66,112
Innodata,
Inc.(a)
1,294
73,007
Insperity,
Inc.
1,501
80,078
Kelly
Services,
Inc.,
Class
a
A
1,218
20,950
Kforce,
Inc.
687
39,557
Korn
Ferry
2,144
183,419
Legalzoom.com,
Inc.*
4,890
30,465
ManpowerGroup,
Inc.
1,904
119,857
Maximus,
Inc.
2,237
129,231
Mistras
Group,
Inc.*
718
13,470
Public
Policy
Holding
Co.,
Inc.
(c)
178
1,929
RCM
Technologies,
Inc.*
186
7,738
Investments
Shares
Value
Common
Stocks
(continued)
Resolute
Holdings
Management,
Inc.*
165
$
22,361
Spire
Global,
Inc.*
1,235
16,388
TIC
Solutions,
Inc.*
7,361
69,856
TriNet
Group,
Inc.
1,137
79,920
TrueBlue,
Inc.*
1,165
12,221
Upwork,
Inc.*
4,892
44,175
Verra
Mobility
Corp.,
Class
a
A*
6,245
27,665
Willdan
Group,
Inc.*
595
52,330
1,765,001
Real
Estate
Investment
Trusts
(REITs)
—
0.0%(b)
Highwoods
Properties,
Inc.
4,539
138,893
Real
Estate
Management
&
Development
—
0.3%
AGNT,
Inc.
3,845
15,841
American
Realty
Investors,
Inc.*
54
810
Compass,
Inc.,
Class
a
A*
29,204
308,394
Comstock
Holding
Cos.,
Inc.,
Class
a
A*
146
2,885
Cushman
&
Wakefield
Ltd.*
9,705
130,920
Douglas
Elliman,
Inc.*
2,977
5,507
Forestar
Group,
Inc.*
802
22,673
FRP
Holdings,
Inc.*
478
10,583
Marcus
&
Millichap,
Inc.
936
29,634
Maui
Land
&
Pineapple
Co.,
Inc.*
260
4,118
Newmark
Group,
Inc.,
Class
a
A
6,435
98,005
Opendoor
Technologies,
Inc.*
38,258
122,426
Real
REMAX
Group,
Inc.(a)
1,023
19,417
RMR
Group,
Inc.
(The),
Class
a
A
642
12,403
Seaport
Entertainment
Group,
Inc.*
308
8,097
St
Joe
Co.
(The)
1,578
104,306
Tejon
Ranch
Co.*
871
14,006
Transcontinental
Realty
Investors,
Inc.*
45
1,642
911,667
Residential
REITs
—
0.1%
BRT
Apartments
Corp.,
REIT
407
5,828
Centerspace,
REIT
695
36,481
Independence
Realty
Trust,
Inc.,
REIT
9,762
157,949
NexPoint
Residential
Trust,
Inc.,
REIT
933
22,121
UMH
Properties,
Inc.,
REIT
3,346
55,042
277,421
Retail
REITs
—
0.5%
Acadia
Realty
Trust,
REIT
5,546
113,527
Alexander's,
Inc.,
REIT
87
23,634
CBL
&
Associates
Properties,
Inc.,
REIT
760
41,564
Curbline
Properties
Corp.,
REIT
4,021
119,946
FrontView
REIT,
Inc.
875
16,888
Getty
Realty
Corp.,
REIT
2,367
76,738
InvenTrust
Properties
Corp.,
REIT
3,223
104,135
Kite
Realty
Group
Trust,
REIT
8,404
216,823
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
169
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
Macerich
Co.
(The),
REIT
11,612
$
274,276
NETSTREIT
Corp.,
REIT(a)
4,027
81,990
Phillips
Edison
&
Co.,
Inc.,
REIT
5,228
202,062
Saul
Centers,
Inc.,
REIT
541
17,642
SITE
Centers
Corp.,
REIT
2,073
6,115
Tanger,
Inc.,
REIT
4,662
175,804
Urban
Edge
Properties,
REIT
5,254
111,175
1,582,319
Semiconductors
&
Semiconductor
Equipment
—
1.0%
ACM
Research,
Inc.,
Class
a
A*
2,190
159,476
Aehr
Test
Systems*
1,243
98,533
Aeluma,
Inc.(a)
526
6,891
Alpha
&
Omega
Semiconductor
Ltd.*
1,005
24,783
Ambarella,
Inc.*
1,732
120,166
Ambiq
Micro,
Inc.*
755
44,024
Amtech
Systems,
Inc.*
475
6,944
Atomera,
Inc.(a)
1,556
6,473
Axcelis
Technologies,
Inc.*
1,274
146,930
AXT,
Inc.*
2,537
153,768
Blaize
Holdings,
Inc.(a)
3,495
1,704
Canadian
Solar,
Inc.(a)
1,987
24,500
CEVA,
Inc.*
1,127
30,485
Cohu,
Inc.*
1,898
87,498
Diodes,
Inc.*
1,869
169,705
Everspin
Technologies,
Inc.*
791
12,854
GSI
Technology,
Inc.*
1,286
7,124
Ichor
Holdings
Ltd.*
1,425
76,337
Impinj,
Inc.*
1,188
207,092
indie
Semiconductor,
Inc.,
Class
a
A(a)
8,707
32,347
inTEST
Corp.*
474
5,119
Kopin
Corp.*
7,121
31,617
Kulicke
&
Soffa
Industries,
Inc.
2,107
168,686
MaxLinear,
Inc.,
Class
a
A*
3,518
210,763
Navitas
Semiconductor
Corp.,
Class
a
A*
7,465
86,519
NVE
Corp.
198
19,824
PDF
Solutions,
Inc.*
1,341
59,648
Penguin
Solutions,
Inc.*
2,044
100,320
Photronics,
Inc.*
2,363
66,495
Power
Integrations,
Inc.
2,278
117,044
QuickLogic
Corp.*
671
7,200
Rigetti
Computing,
Inc.(a)
13,619
213,274
Silicon
Laboratories,
Inc.*
1,347
295,060
Synaptics,
Inc.*
1,580
152,818
T1
Energy,
Inc.(a)
7,280
32,396
Toyo
Co.
Ltd.*
330
1,389
Ultra
Clean
Holdings,
Inc.*
1,827
123,925
Veeco
Instruments,
Inc.*
2,445
108,313
Wolfspeed,
Inc.(a)
1,174
32,168
3,250,212
Software
—
2.5%
8x8,
Inc.*
5,667
10,654
A10
Networks,
Inc.
2,944
74,748
ACI
Worldwide,
Inc.*
4,178
222,604
Adeia,
Inc.
4,530
114,292
Agilysys,
Inc.*
1,069
124,442
Investments
Shares
Value
Common
Stocks
(continued)
Alarm.com
Holdings,
Inc.*
1,945
$
111,954
Alkami
Technology,
Inc.(a)
2,761
56,324
Amplitude,
Inc.,
Class
a
A*
3,914
55,187
Appian
Corp.,
Class
a
A*
1,621
69,622
Arteris,
Inc.*
1,421
31,091
Asana,
Inc.,
Class
a
A*
3,958
40,609
AvePoint,
Inc.*
6,889
95,895
Bit
Digital,
Inc.*
13,361
19,106
Bitdeer
Technologies
Group,
Class
a
A*
5,274
57,223
Blackbaud,
Inc.*
1,471
70,696
BlackLine,
Inc.*
2,023
67,204
Blend
Labs,
Inc.,
Class
a
A*
7,483
11,599
Box,
Inc.,
Class
a
A*
5,579
199,617
Braze,
Inc.,
Class
a
A*
3,888
132,348
C3.ai,
Inc.,
Class
a
A*
5,583
60,408
Cerence,
Inc.*
1,813
15,302
Cipher
Digital,
Inc.*
13,793
213,792
Cleanspark,
Inc.*
10,282
119,477
Clear
Secure,
Inc.,
Class
a
A
3,875
171,081
Commvault
Systems,
Inc.*
1,818
250,011
Consensus
Cloud
Solutions,
Inc.*
734
28,076
Core
Scientific,
Inc.*
12,755
207,907
CS
Disco,
Inc.*
1,154
5,055
Daily
Journal
Corp.*
54
33,638
Digimarc
Corp.*
545
3,259
Digital
Turbine,
Inc.*
4,587
49,356
Domo,
Inc.,
Class
a
B(a)
1,547
5,848
Duos
Technologies
Group,
Inc.*
1,074
9,967
D-Wave
Quantum,
Inc.(a)
15,004
258,069
eGain
Corp.*
678
5,058
EverCommerce,
Inc.(a)
582
5,162
Five9,
Inc.*
3,110
107,482
Freshworks,
Inc.,
Class
a
A*
8,719
121,368
Hut
8
Corp.*
4,196
329,973
I3
Verticals,
Inc.,
Class
a
A*
897
14,397
Intapp,
Inc.*
2,279
98,840
Intellicheck,
Inc.*
750
2,074
InterDigital,
Inc.
1,061
355,467
JFrog
Ltd.*
4,435
443,810
Kaltura,
Inc.*
3,716
5,871
Keel
Infrastructure
Corp.*
23,980
75,537
Life360,
Inc.*
767
32,874
LiveRamp
Holdings,
Inc.*
2,540
95,809
MARA
Holdings,
Inc.*
15,749
169,617
Mitek
Systems,
Inc.*
1,835
33,874
N-able,
Inc.*
2,903
11,554
nCino,
Inc.*
4,367
98,694
NCR
Voyix
Corp.*
5,731
48,026
NextNav,
Inc.*
4,121
65,400
OneSpan,
Inc.
1,513
24,995
Ooma,
Inc.*
1,044
23,636
PagerDuty,
Inc.*
3,324
47,001
PAR
Technology
Corp.*
1,703
32,016
Progress
Software
Corp.*
1,717
79,446
Q2
Holdings,
Inc.*
2,583
167,998
Qualys,
Inc.*
1,478
275,115
Rapid7,
Inc.*
2,712
36,504
Red
Violet,
Inc.*
465
34,019
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
170
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
ReposiTrak,
Inc.
504
$
4,037
Rimini
Street,
Inc.*
2,023
11,349
Riot
Platforms,
Inc.*
14,504
275,503
Roadzen,
Inc.*
1,872
2,640
ServiceTitan,
Inc.,
Class
a
A*
2,493
244,414
Silvaco
Group,
Inc.*
493
3,421
Soluna
Holdings,
Inc.(a)
4,259
4,600
SoundHound
AI,
Inc.,
Class
a
A(a)
16,253
116,371
Sprinklr,
Inc.,
Class
a
A*
4,506
36,994
Sprout
Social,
Inc.,
Class
a
A*
2,214
25,195
SPS
Commerce,
Inc.*
1,516
129,466
Telos
Corp.*
2,274
10,961
Tenable
Holdings,
Inc.*
4,670
178,161
Teradata
Corp.*
3,887
112,723
Thryv
Holdings,
Inc.*
1,378
2,632
Varonis
Systems,
Inc.,
Class
a
B*
4,641
203,137
Veritone,
Inc.*
3,424
2,718
Vertex,
Inc.,
Class
a
A*
2,958
41,885
Via
Transportation,
Inc.,
Class
a
A(a)
2,146
59,938
Viant
Technology,
Inc.,
Class
a
A*
694
8,939
Weave
Communications,
Inc.*
2,659
19,437
Workiva,
Inc.,
Class
a
A*
2,114
169,120
Xperi,
Inc.*
1,867
11,090
Yext,
Inc.*
3,518
23,817
ZenaTech,
Inc.*
1,760
3,080
Zeta
Global
Holdings
Corp.,
Class
a
A*
9,227
285,760
7,825,466
Specialized
REITs
—
0.1%
Farmland
Partners,
Inc.,
REIT
1,674
17,225
Four
Corners
Property
Trust,
Inc.,
REIT
4,521
112,483
Gladstone
Land
Corp.,
REIT(a)
1,648
15,129
Outfront
Media,
Inc.,
REIT
6,553
192,527
Safehold,
Inc.,
REIT
2,309
34,958
Smartstop
Self
Storage
REIT,
Inc.,
REIT
2,294
74,486
446,808
Specialty
Retail
—
0.8%
1-800-Flowers.com,
Inc.,
Class
a
A*
923
3,369
Abercrombie
&
Fitch
Co.,
Class
a
A*
1,815
259,690
Academy
Sports
&
Outdoors,
Inc.
2,651
113,887
Advance
Auto
Parts,
Inc.
2,499
105,408
American
Eagle
Outfitters,
Inc.
6,456
107,363
Arhaus,
Inc.,
Class
a
A
2,145
18,683
Arko
Corp.
3,015
13,748
ARKO
Petroleum
Corp.,
Class
a
A
502
9,111
Asbury
Automotive
Group,
Inc.*
799
168,909
Barnes
&
Noble
Education,
Inc.
677
8,192
Bob's
Discount
Furniture,
Inc.*
798
13,430
Boot
Barn
Holdings,
Inc.*
1,264
190,396
Buckle,
Inc.
(The)
1,322
56,317
Build-A-Bear
Workshop,
Inc.
493
14,923
Investments
Shares
Value
Common
Stocks
(continued)
Caleres,
Inc.
1,355
$
16,504
Camping
World
Holdings,
Inc.,
Class
a
A
2,501
16,156
Citi
Trends,
Inc.*
204
13,885
Designer
Brands,
Inc.,
Class
a
A
1,413
7,729
Envela
Corp.*
282
3,892
EVgo,
Inc.,
Class
a
A(a)
5,546
7,432
Genesco,
Inc.*
391
13,087
Group
1
Automotive,
Inc.
478
128,840
Haverty
Furniture
Cos.,
Inc.
562
15,326
J
Jill,
Inc.(a)
281
5,488
Lands'
End,
Inc.*
401
4,744
MarineMax,
Inc.*
814
42,475
Monro,
Inc.
1,015
12,647
National
Vision
Holdings,
Inc.*
3,233
55,220
Neighborhood
Intelligence,
Inc.*
3,036
11,932
OneWater
Marine,
Inc.,
Class
a
A*
478
5,731
Outdoor
Holding
Co.*
4,372
9,444
Petco
Health
&
Wellness
Co.,
Inc.,
Class
a
A*
3,759
9,999
RealReal,
Inc.
(The)*
4,577
46,869
Rent
the
Runway,
Inc.,
Class
a
A*
339
1,207
Revolve
Group,
Inc.,
Class
a
A*
1,713
38,063
RH*
639
95,307
RideNow
Group,
Inc.,
Class
a
B*
638
3,611
Sally
Beauty
Holdings,
Inc.*
3,949
64,685
Shoe
Station
Group,
Inc.
749
10,261
Signet
Jewelers
Ltd.
1,611
132,553
Sonic
Automotive,
Inc.,
Class
a
A
496
39,010
Stitch
Fix,
Inc.,
Class
a
A*
4,779
15,149
ThredUp,
Inc.,
Class
a
A*
4,274
11,497
Torrid
Holdings,
Inc.(a)
1,396
3,071
Upbound
Group,
Inc.
2,243
41,047
Urban
Outfitters,
Inc.*
2,361
190,509
Victoria's
Secret
&
Co.*
2,867
244,870
Warby
Parker,
Inc.,
Class
a
A*
4,208
103,517
Winmark
Corp.
124
41,257
Zumiez,
Inc.*
548
9,809
2,556,249
Technology
Hardware,
Storage
&
Peripherals
—
0.1%
Corsair
Gaming,
Inc.*
1,932
23,474
CPI
Card
Group,
Inc.*
323
9,357
Diebold
Nixdorf,
Inc.*
924
62,684
Eastman
Kodak
Co.*
2,622
23,546
GPGI,
Inc.(a)
7,353
97,207
Immersion
Corp.
1,134
8,596
Infleqtion,
Inc.(a)
4,779
62,461
One
Stop
Systems,
Inc.*
913
9,513
Quantum
Computing,
Inc.(a)
8,381
68,976
Turtle
Beach
Corp.*
608
7,788
Xerox
Holdings
Corp.(a)
4,957
16,011
389,613
Textiles,
Apparel
&
Luxury
Goods
—
0.2%
Capri
Holdings
Ltd.*
4,878
64,634
Carter's,
Inc.
1,469
47,581
Ermenegildo
Zegna
NV
1,856
25,204
Figs,
Inc.,
Class
a
A*
3,865
59,289
Fossil
Group,
Inc.*
2,211
10,989
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
171
URTY
::
Investments
Shares
Value
Common
Stocks
(continued)
G-III
Apparel
Group
Ltd.
1,494
$
48,689
Kontoor
Brands,
Inc.
2,256
170,125
Movado
Group,
Inc.
622
20,980
Oxford
Industries,
Inc.
577
22,093
Playboy,
Inc.*
2,357
2,781
Rocky
Brands,
Inc.
293
13,247
Steven
Madden
Ltd.
2,980
128,676
Superior
Group
of
Cos.,
Inc.
436
5,210
Under
Armour,
Inc.,
Class
a
A(a)
7,837
39,499
Under
Armour,
Inc.,
Class
a
C*
7,607
37,503
Wolverine
World
Wide,
Inc.
3,373
66,549
763,049
Tobacco
—
0.0%(b)
Turning
Point
Brands,
Inc.
771
62,428
Universal
Corp.
1,020
46,410
108,838
Trading
Companies
&
Distributors
—
0.5%
Alta
Equipment
Group,
Inc.*
812
4,791
BlueLinx
Holdings,
Inc.*
313
24,924
Boise
Cascade
Co.
1,477
115,221
Custom
Truck
One
Source,
Inc.*
2,488
22,914
Distribution
Solutions
Group,
Inc.*
386
13,429
DNOW,
Inc.*
7,631
122,325
DXP
Enterprises,
Inc.*
529
99,309
EVI
Industries,
Inc.
216
3,026
GATX
Corp.
1,459
255,223
Global
Industrial
Co.
608
23,773
Herc
Holdings,
Inc.
1,362
207,487
Hudson
Technologies,
Inc.*
1,517
8,101
Karat
Packaging,
Inc.
351
16,722
McGrath
RentCorp
1,009
113,452
NPK
International,
Inc.*
3,365
44,687
Rush
Enterprises,
Inc.,
Class
a
A
2,504
192,382
Rush
Enterprises,
Inc.,
Class
a
B
381
29,619
Titan
Machinery,
Inc.*
866
17,814
Transcat,
Inc.*
380
32,866
Willis
Lease
Finance
Corp.(a)
465
25,170
Xometry,
Inc.,
Class
a
A*
1,881
174,350
1,547,585
Transportation
Infrastructure
—
0.0%(b)
Sky
Harbour
Group
Corp.(a)
916
9,655
Water
Utilities
—
0.1%
American
States
Water
Co.
1,622
144,828
Cadiz,
Inc.(a)
2,322
9,218
California
Water
Service
Group
2,471
123,476
Consolidated
Water
Co.
Ltd.
627
18,666
Global
Water
Resources,
Inc.
568
5,223
H2O
America(a)
1,439
91,189
Middlesex
Water
Co.
756
43,848
Pure
Cycle
Corp.*
809
8,976
York
Water
Co.
(The)
669
22,800
468,224
Investments
Shares
Value
Common
Stocks
(continued)
Wireless
Telecommunication
Services
—
0.1%
Gogo,
Inc.*
3,260
$
8,215
Spok
Holdings,
Inc.
851
8,944
Telephone
and
Data
Systems,
Inc.
4,074
137,212
154,371
Total
Common
Stocks
(Cost
$136,730,296)
126,820,994
Exchange
Traded
Funds
(d)
—
14
.9
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(e)(f)
(Cost
$47,519,000)
475,000
47,557,000
Number
of
Rights
Rights
—
0
.0
%
(b)
Biotechnology
—
0.0%
Aduro
Biotech,
Inc.,
CVR*‡
899
—
Cartesian
Therapeutics,
Inc.,
expiring
12/31/2049*‡
9,359
—
Chinook
Therape,
CVR*‡
4,511
—
Oncternal
Therapeutics,
Inc.,
CVR*‡
23
—
Tobira
Therapeutics,
Inc.,
CVR*‡
218
—
—
Food
Products
—
0.0%
(b)  
Prevail
Therape,
CVR*‡
1,074
537
Total
Rights
(Cost
$3,929)
537
Shares
Securities
Lending
Reinvestments
(g)
—
0
.8
%
Investment
Companies
—
0
.8
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(h)
(Cost
$2,623,478)
2,623,478
2,623,478
Principal
Amount
Short-Term
Investments
—
18
.1
%
Repurchase
Agreements
(i)
—
2
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$7,920,472
(Cost
$7,919,681)
$
7,919,681
7,919,681
ULTRAPRO
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
172
URTY
::
Investments
Principal
Amount
Value
U.S.
Treasury
Obligations
(d)
—
15
.6
%
U.S.
Treasury
Bills
(j)
3.65%,
9/3/2026
$
25,000,000
$
24,995,007
3.66%,
9/22/2026
5,000,000
4,989,376
3.70%,
10/6/2026
20,000,000
19,928,297
Total
U.S.
Treasury
Obligations
(Cost
$49,913,385)
49,912,680
Total
Short-Term
Investments
(Cost
$57,833,066)
57,832,361
Total
Investments
—
73.5%
(Cost
$244,709,769)
234,834,370
Other
assets
less
liabilities
—
26.5%
84,700,498
Net
Assets
—
100.0%
$
319,534,868
*
Non-income
producing
security.
‡
Value
determined
using
significant
unobservable
inputs.
(a)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$2,976,512,
collateralized
in
the
form
of
cash
with
a
value
of
$2,623,478
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$470,584
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
6.25%,
and
maturity
dates
ranging
from
September
15,
2026
–
February
15,
2056.
The
total
value
of
collateral
is
$3,094,062.
(b)
Represents
less
than
0.05%
of
net
assets.
(c)
Security
exempt
from
registration
pursuant
to
Regulation
S
under
the
Securities
Act
of
1933.
Regulation
S
applies
to
securities
offerings
that
are
made
outside
of
the
United
States
and
do
not
involve
direct
selling
efforts
in
the
United
States
and
as
such
may
have
restrictions
on
resale.
(d)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$45,066,437.
(e)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(f)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(g)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$2,623,478.
(h)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(i)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(j)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Abbreviations
ADR
American
Depositary
Receipt
CVR
Contingent
Value
Rights
-
No
defined
expiration
REIT
Real
Estate
Investment
Trust
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
65,078,000
–
(17,519,764)
6,764
(8,000)
47,557,000
475,000
577,942
Futures
Contracts
Purchased
UltraPro
Russell2000
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
Russell
2000
®
E-mini
Index
387
9/18/2026
U.S.
Dollar
$
57,250,845
$
279,510
Swap
Agreements
UltraPro
Russell2000
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
88,495,418
4/6/2028
Bank
of
America
NA
4.53%
Russell
2000
®
Index
10,312,344
105,947,342
12/9/2027
Barclays
Bank
PLC
4.58%
Russell
2000
®
Index
15,400,177
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
173
URTY
::
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
91,008,400
1/12/2027
BNP
Paribas
4.73%
Russell
2000
®
Index
7,864,763
79,729,544
11/4/2027
Citibank
NA
4.48%
Russell
2000
®
Index
12,205,206
120,241,778
4/6/2028
Goldman
Sachs
International
4.18%
Russell
2000
®
Index
13,756,344
128,910,089
3/3/2028
Societe
Generale
4.48%
Russell
2000
®
Index
13,285,163
160,283,937
11/6/2026
UBS
AG
4.33%
Russell
2000
®
Index
8,008,309
774,616,508
80,832,306
Total
Unrealized
Appreciation
80,832,306
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRAPRO
S&P500
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
174
UPRO
::
Investments
Shares
Value
Common
Stocks
(a)
—
50
.4
%
Aerospace
&
Defense
—
1.1%
Axon
Enterprise,
Inc.*
3,364
$
1,905,908
Boeing
Co.
(The)*
32,934
6,843,026
General
Dynamics
Corp.
10,600
3,936,310
General
Electric
Co.
43,575
14,628,563
Honeywell
Aerospace,
Inc.*
13,233
2,092,270
Howmet
Aerospace,
Inc.
16,708
4,092,625
Huntington
Ingalls
Industries,
Inc.
1,643
478,442
L3Harris
Technologies,
Inc.
7,777
2,070,626
Lockheed
Martin
Corp.
8,477
4,757,547
Northrop
Grumman
Corp.
5,579
3,010,986
RTX
Corp.
56,249
11,684,605
Textron,
Inc.
7,262
585,027
TransDigm
Group,
Inc.
2,341
2,743,043
58,828,978
Air
Freight
&
Logistics
—
0.1%
CH
Robinson
Worldwide,
Inc.
4,910
734,831
Expeditors
International
of
Washington,
Inc.
5,467
1,036,816
FedEx
Corp.
9,179
3,005,205
United
Parcel
Service,
Inc.,
Class
a
B
31,189
3,250,829
8,027,681
Automobile
Components
—
0.0%(b)
Aptiv
plc*
8,839
395,634
Automobiles
—
0.9%
Ford
Motor
Co.
163,470
2,278,772
General
Motors
Co.
37,668
3,251,501
Tesla,
Inc.*
117,582
43,264,297
48,794,570
Banks
—
1.8%
Bank
of
America
Corp.
272,701
16,891,100
Citigroup,
Inc.
71,242
9,376,872
Citizens
Financial
Group,
Inc.
17,665
1,216,589
Fifth
Third
Bancorp
37,857
2,035,571
Huntington
Bancshares,
Inc.
84,666
1,412,652
JPMorgan
Chase
&
Co.
111,919
39,845,402
KeyCorp
38,486
831,682
M&T
Bank
Corp.
6,108
1,428,906
PNC
Financial
Services
Group,
Inc.
(The)
16,772
4,019,074
Regions
Financial
Corp.
35,640
1,064,923
Truist
Financial
Corp.
52,034
2,579,846
U.S.
Bancorp
64,840
3,992,847
Wells
Fargo
&
Co.
127,814
11,041,852
95,737,316
Beverages
—
0.5%
Brown-Forman
Corp.,
Class
a
B
7,032
186,840
Coca-Cola
Co.
(The)
161,744
14,341,841
Constellation
Brands,
Inc.,
Class
a
A
5,829
761,384
Keurig
Dr
Pepper,
Inc.
56,830
1,810,604
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Molson
Coors
Beverage
Co.,
Class
a
B
6,700
$
266,392
Monster
Beverage
Corp.*
59,632
2,738,301
PepsiCo,
Inc.
57,086
8,011,449
28,116,811
Biotechnology
—
0.9%
AbbVie,
Inc.
73,789
18,920,975
Amgen,
Inc.
22,546
9,692,075
Biogen,
Inc.*
6,168
1,336,297
Gilead
Sciences,
Inc.
51,862
7,589,485
Incyte
Corp.*
7,009
863,649
Moderna,
Inc.*
14,753
2,070,436
Regeneron
Pharmaceuticals,
Inc.
4,168
3,330,566
Vertex
Pharmaceuticals,
Inc.*
10,600
5,771,912
49,575,395
Broadline
Retail
—
2.0%
Amazon.com,
Inc.*
408,871
106,212,420
eBay,
Inc.
18,548
1,920,831
108,133,251
Building
Products
—
0.2%
A
O
Smith
Corp.
4,679
276,669
Allegion
plc
3,596
558,279
Builders
FirstSource,
Inc.*
4,499
298,734
Carrier
Global
Corp.
32,622
1,899,253
Johnson
Controls
International
plc
25,487
3,523,323
Lennox
International,
Inc.
1,330
508,911
Masco
Corp.
8,439
608,958
Trane
Technologies
plc
9,231
4,102,256
11,776,383
Capital
Markets
—
1.6%
Ameriprise
Financial,
Inc.
3,754
2,076,375
Ares
Management
Corp.,
Class
a
A
8,822
1,263,046
Bank
of
New
York
Mellon
Corp.
(The)
28,665
4,623,091
Blackrock,
Inc.
6,026
6,963,706
Blackstone,
Inc.
31,026
4,444,164
Cboe
Global
Markets,
Inc.
4,372
1,312,474
Charles
Schwab
Corp.
(The)
68,293
7,499,937
CME
Group,
Inc.
15,127
4,318,759
Coinbase
Global,
Inc.,
Class
a
A*
9,288
1,747,259
FactSet
Research
Systems,
Inc.
1,523
477,537
Franklin
Templeton,
Inc.
12,801
437,154
Goldman
Sachs
Group,
Inc.
(The)
12,322
12,641,140
Interactive
Brokers
Group,
Inc.,
Class
a
A
18,614
1,810,956
Intercontinental
Exchange,
Inc.
25,653
4,122,437
Invesco
Ltd.
18,517
606,987
KKR
&
Co.,
Inc.
28,881
3,168,823
Moody's
Corp.
6,278
3,168,130
Morgan
Stanley
50,074
10,681,786
MSCI,
Inc.,
Class
a
A
3,042
1,735,887
Nasdaq,
Inc.
18,655
1,839,570
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
175
UPRO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Northern
Trust
Corp.
7,733
$
1,434,935
Raymond
James
Financial,
Inc.
7,249
1,291,554
Robinhood
Markets,
Inc.,
Class
a
A*
33,049
3,463,866
S&P
Global,
Inc.
12,669
5,521,657
State
Street
Corp.
11,559
2,212,161
T.
Rowe
Price
Group,
Inc.
8,940
994,843
89,858,234
Chemicals
—
0.5%
Air
Products
and
Chemicals,
Inc.
9,289
2,874,574
Albemarle
Corp.
4,912
662,973
CF
Industries
Holdings,
Inc.
6,413
833,882
Corteva,
Inc.
27,932
2,363,885
Dow,
Inc.
30,105
918,805
Ecolab,
Inc.
10,577
2,995,407
International
Flavors
&
Fragrances,
Inc.
10,667
920,882
Linde
plc
19,313
9,455,259
LyondellBasell
Industries
NV,
Class
a
A
10,791
702,278
Mosaic
Co.
(The)
13,278
320,265
PPG
Industries,
Inc.
9,300
1,043,181
Sherwin-Williams
Co.
(The)
9,589
3,248,849
26,340,240
Commercial
Services
&
Supplies
—
0.2%
Cintas
Corp.
14,203
2,866,023
Copart,
Inc.*
37,017
1,221,191
Republic
Services,
Inc.,
Class
a
A
8,354
1,845,566
Rollins,
Inc.
12,270
442,579
Veralto
Corp.
10,266
1,011,920
Waste
Management,
Inc.
15,435
3,379,030
10,766,309
Communications
Equipment
—
0.7%
Arista
Networks,
Inc.*
43,133
8,440,697
Ciena
Corp.*
5,908
2,261,582
Cisco
Systems,
Inc.
164,985
18,229,193
F5,
Inc.*
2,358
960,013
Lumentum
Holdings,
Inc.*
3,252
2,974,799
Motorola
Solutions,
Inc.
6,935
3,365,555
36,231,839
Construction
&
Engineering
—
0.1%
Comfort
Systems
USA,
Inc.
1,465
2,264,333
EMCOR
Group,
Inc.
1,853
1,361,103
Quanta
Services,
Inc.
6,271
3,807,061
7,432,497
Construction
Materials
—
0.1%
CRH
plc
27,906
2,631,257
Martin
Marietta
Materials,
Inc.
2,508
1,300,899
Vulcan
Materials
Co.
5,422
1,461,663
5,393,819
Consumer
Finance
—
0.3%
American
Express
Co.
22,222
7,337,038
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Capital
One
Financial
Corp.
25,998
$
5,576,831
Synchrony
Financial
14,044
1,082,511
13,996,380
Consumer
Staples
Distribution
&
Retail
—
0.8%
Casey's
General
Stores,
Inc.
1,546
1,162,917
Costco
Wholesale
Corp.
18,534
17,494,057
Dollar
General
Corp.
9,211
1,167,494
Dollar
Tree,
Inc.*
7,563
957,400
Kroger
Co.
(The)
23,692
1,363,238
Sysco
Corp.
19,971
1,619,249
Target
Corp.
18,974
3,052,537
Walmart,
Inc.
183,119
19,203,689
46,020,581
Containers
&
Packaging
—
0.1%
Amcor
plc
19,312
886,228
Avery
Dennison
Corp.
3,200
557,152
Ball
Corp.
11,123
700,415
International
Paper
Co.
22,119
838,973
Packaging
Corp.
of
America
3,704
866,514
Smurfit
Westrock
plc
21,901
1,027,157
4,876,439
Distributors
—
0.0%(b)
Genuine
Parts
Co.
5,741
778,881
Diversified
Telecommunication
Services
—
0.4%
AT&T,
Inc.
290,237
7,514,236
Comcast
Corp.,
Class
a
A
148,818
3,961,535
Verizon
Communications,
Inc.
174,411
8,724,038
20,199,809
Electric
Utilities
—
0.7%
Alliant
Energy
Corp.
10,794
733,776
American
Electric
Power
Co.,
Inc.
22,730
2,782,834
Constellation
Energy
Corp.
13,353
3,669,004
Duke
Energy
Corp.
32,570
3,905,469
Edison
International
16,073
867,620
Entergy
Corp.
19,123
2,032,966
Evergy,
Inc.
9,631
780,304
Eversource
Energy
15,710
1,101,899
Exelon
Corp.
42,743
1,868,724
FirstEnergy
Corp.
21,747
997,317
NextEra
Energy,
Inc.
87,102
7,171,979
NRG
Energy,
Inc.
8,824
971,699
PG&E
Corp.
91,989
1,220,694
Pinnacle
West
Capital
Corp.
5,065
494,547
PPL
Corp.
31,425
1,072,535
Southern
Co.
(The)
47,095
4,144,360
Xcel
Energy,
Inc.
26,075
1,973,617
35,789,344
Electrical
Equipment
—
0.6%
AMETEK,
Inc.
9,581
2,253,164
Eaton
Corp.
plc
16,221
6,518,895
Emerson
Electric
Co.
23,389
3,565,419
GE
Vernova,
Inc.
11,216
10,077,913
ULTRAPRO
S&P500
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
176
UPRO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Generac
Holdings,
Inc.*
2,466
$
457,147
Hubbell,
Inc.,
Class
a
B
2,201
997,053
Rockwell
Automation,
Inc.
4,645
1,971,477
Vertiv
Holdings
Co.,
Class
a
A
16,046
4,151,421
29,992,489
Electronic
Equipment,
Instruments
&
Components
—
0.5%
Amphenol
Corp.,
Class
a
A
51,384
8,146,933
CDW
Corp.
5,326
807,315
Coherent
Corp.*
8,170
2,269,871
Corning,
Inc.
32,718
4,866,148
Flex
Ltd.*
15,354
1,677,425
Jabil,
Inc.
4,411
1,346,502
Keysight
Technologies,
Inc.*
7,160
2,310,532
TE
Connectivity
plc
12,200
2,504,050
Teledyne
Technologies,
Inc.*
1,941
1,189,736
Zebra
Technologies
Corp.,
Class
a
A*
1,990
703,564
25,822,076
Energy
Equipment
&
Services
—
0.1%
Baker
Hughes
Co.,
Class
a
A
41,428
2,632,750
Halliburton
Co.
34,891
1,285,733
SLB
Ltd.
62,449
3,753,185
7,671,668
Entertainment
—
0.5%
Live
Nation
Entertainment,
Inc.*
6,617
1,190,332
Netflix,
Inc.*
175,887
14,255,641
Take-Two
Interactive
Software,
Inc.*
7,270
1,597,219
TKO
Group
Holdings,
Inc.,
Class
a
A
2,628
479,899
Walt
Disney
Co.
(The)
72,528
7,800,386
Warner
Bros
Discovery,
Inc.*
103,516
2,953,312
28,276,789
Financial
Services
—
1.8%
Apollo
Global
Management,
Inc.
19,265
2,631,214
Berkshire
Hathaway,
Inc.,
Class
a
B*
76,581
38,599,122
Block,
Inc.,
Class
a
A*
22,359
1,833,885
Corpay,
Inc.*
2,734
1,105,356
Fidelity
National
Information
Services,
Inc.
21,590
880,224
Fiserv,
Inc.*
22,268
1,187,107
Global
Payments,
Inc.
9,704
883,549
Jack
Henry
&
Associates,
Inc.
2,962
497,349
Mastercard,
Inc.,
Class
a
A
33,708
19,864,462
PayPal
Holdings,
Inc.
36,847
1,940,547
Visa,
Inc.,
Class
a
A
69,318
26,297,170
95,719,985
Food
Products
—
0.2%
Archer-Daniels-Midland
Co.
20,135
1,636,774
Bunge
Global
SA
5,671
659,027
General
Mills,
Inc.
22,287
918,224
Hershey
Co.
(The)
6,194
1,091,445
Hormel
Foods
Corp.
12,188
266,308
J
M
Smucker
Co.
(The)
4,458
584,711
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Kraft
Heinz
Co.
(The)
35,656
$
915,290
McCormick
&
Co.,
Inc.
(Non-Voting)
10,613
575,437
Mondelez
International,
Inc.,
Class
a
A
53,607
3,327,386
Tyson
Foods,
Inc.,
Class
a
A
11,785
649,825
10,624,427
Gas
Utilities
—
0.0%(b)
Atmos
Energy
Corp.
6,975
1,158,757
Ground
Transportation
—
0.4%
CSX
Corp.
77,611
3,920,132
Fedex
Freight
Holding
Co.,
Inc.*
4,538
606,912
JB
Hunt
Transport
Services,
Inc.
3,105
824,284
Norfolk
Southern
Corp.
9,376
3,213,999
Old
Dominion
Freight
Line,
Inc.
7,655
1,530,694
Uber
Technologies,
Inc.*
85,019
6,431,687
Union
Pacific
Corp.
24,804
7,457,819
23,985,527
Health
Care
Equipment
&
Supplies
—
0.8%
Abbott
Laboratories
72,754
8,029,131
Align
Technology,
Inc.*
2,779
444,056
Baxter
International,
Inc.
21,570
560,820
Becton
Dickinson
&
Co.
11,513
2,165,710
Boston
Scientific
Corp.*
62,086
2,998,754
Cooper
Cos.,
Inc.
(The)*
8,143
570,743
Dexcom,
Inc.*
16,112
1,467,159
Edwards
Lifesciences
Corp.*
24,051
2,182,628
GE
HealthCare
Technologies,
Inc.
19,002
1,353,513
IDEXX
Laboratories,
Inc.*
3,297
1,835,407
Insulet
Corp.*
2,895
430,371
Intuitive
Surgical,
Inc.*
14,787
5,572,629
Medtronic
plc
53,620
4,860,653
ResMed,
Inc.
6,059
1,454,766
Solventum
Corp.*
6,149
559,928
STERIS
plc
4,103
954,522
Stryker
Corp.
14,404
4,664,015
Zimmer
Biomet
Holdings,
Inc.
8,082
808,523
40,913,328
Health
Care
Providers
&
Services
—
0.8%
Cardinal
Health,
Inc.
9,780
2,294,584
Cencora,
Inc.
8,128
2,630,221
Centene
Corp.*
19,592
1,260,549
Cigna
Group
(The)
11,053
3,051,512
CVS
Health
Corp.
53,290
5,004,464
DaVita,
Inc.*
1,341
236,029
Elevance
Health,
Inc.
9,068
3,559,553
HCA
Healthcare,
Inc.
6,479
2,685,222
Henry
Schein,
Inc.*
4,046
363,331
Humana,
Inc.
5,010
1,919,982
Labcorp
Holdings,
Inc.
3,425
1,139,361
McKesson
Corp.
5,016
4,440,765
Quest
Diagnostics,
Inc.
4,617
1,109,465
UnitedHealth
Group,
Inc.
37,930
14,770,321
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
177
UPRO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Universal
Health
Services,
Inc.,
Class
a
B
2,222
$
378,473
44,843,832
Health
Care
REITs
—
0.2%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
6,551
336,001
Healthpeak
Properties,
Inc.,
REIT
28,796
599,533
Ventas,
Inc.,
REIT
20,302
1,850,933
Welltower,
Inc.,
REIT
29,481
6,964,591
9,751,058
Health
Care
Technology
—
0.0%(b)
Veeva
Systems,
Inc.,
Class
a
A*
6,274
1,792,419
Hotel
&
Resort
REITs
—
0.0%(b)
Host
Hotels
&
Resorts,
Inc.,
REIT
26,604
583,426
Hotels,
Restaurants
&
Leisure
—
0.8%
Airbnb,
Inc.,
Class
a
A*
17,463
3,199,571
Booking
Holdings,
Inc.
32,373
6,445,141
Carnival
Corp.
Ltd.
53,731
1,283,634
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
53,589
2,037,990
Darden
Restaurants,
Inc.
4,788
1,025,877
Domino's
Pizza,
Inc.
1,276
436,468
DoorDash,
Inc.,
Class
a
A*
15,810
3,663,809
Expedia
Group,
Inc.
4,786
1,517,736
Hilton
Worldwide
Holdings,
Inc.
9,516
3,009,720
Las
Vegas
Sands
Corp.
12,449
545,391
Marriott
International,
Inc.,
Class
a
A
9,151
3,127,446
McDonald's
Corp.
29,684
7,822,921
MGM
Resorts
International*
8,024
331,873
Norwegian
Cruise
Line
Holdings
Ltd.*
19,172
309,436
Royal
Caribbean
Cruises
Ltd.
10,405
2,796,240
Starbucks
Corp.
47,601
5,057,606
Wynn
Resorts
Ltd.
3,497
319,206
Yum!
Brands,
Inc.
11,516
1,765,518
44,695,583
Household
Durables
—
0.1%
DR
Horton,
Inc.
11,019
1,592,907
Garmin
Ltd.
6,849
1,945,869
Lennar
Corp.,
Class
a
A
8,986
755,813
NVR,
Inc.*
122
770,458
PulteGroup,
Inc.
7,956
1,005,002
6,070,049
Household
Products
—
0.4%
Church
&
Dwight
Co.,
Inc.
9,904
988,221
Clorox
Co.
(The)
5,053
493,577
Colgate-Palmolive
Co.
33,424
3,002,144
Kimberly-Clark
Corp.
13,867
1,496,943
Procter
&
Gamble
Co.
(The)
97,259
14,114,226
20,095,111
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Independent
Power
and
Renewable
Electricity
Producers
—
0.0%(b)
AES
Corp.
(The)
29,778
$
438,928
Vistra
Corp.
13,239
1,818,641
2,257,569
Industrial
Conglomerates
—
0.1%
3M
Co.
21,789
3,744,004
DuPont
de
Nemours,
Inc.
5,697
766,759
Honeywell
International,
Inc.
13,233
2,825,643
7,336,406
Industrial
REITs
—
0.1%
Prologis,
Inc.,
REIT
38,919
5,445,547
Insurance
—
0.8%
Aflac,
Inc.
19,121
2,215,168
Allstate
Corp.
(The)
10,754
2,772,381
American
International
Group,
Inc.
22,157
1,691,909
Aon
plc,
Class
a
A
8,919
2,867,637
Arch
Capital
Group
Ltd.*
14,536
1,425,546
Arthur
J
Gallagher
&
Co.
10,742
2,816,015
Assurant,
Inc.
2,075
584,860
Brown
&
Brown,
Inc.
12,181
879,103
Chubb
Ltd.
15,076
5,104,734
Cincinnati
Financial
Corp.
6,462
1,097,894
Erie
Indemnity
Co.,
Class
a
A
1,054
269,360
Everest
Group
Ltd.
1,651
618,547
Globe
Life,
Inc.
3,245
560,314
Hartford
Insurance
Group,
Inc.
(The)
11,458
1,574,100
Loews
Corp.
7,046
763,011
Marsh
&
McLennan
Cos.,
Inc.
20,129
3,820,484
MetLife,
Inc.
22,567
2,147,701
Principal
Financial
Group,
Inc.
8,202
903,532
Progressive
Corp.
(The)
24,413
5,323,987
Prudential
Financial,
Inc.
14,494
1,704,495
Travelers
Cos.,
Inc.
(The)
8,883
3,250,556
W
R
Berkley
Corp.
12,288
830,177
Willis
Towers
Watson
plc
3,949
1,336,934
44,558,445
Interactive
Media
&
Services
—
3.7%
Alphabet,
Inc.,
Class
a
A
244,916
83,112,245
Alphabet,
Inc.,
Class
a
C
197,418
66,215,971
Meta
Platforms,
Inc.,
Class
a
A
91,724
52,497,314
Reddit,
Inc.,
Class
a
A*
5,384
795,809
202,621,339
IT
Services
—
0.3%
Accenture
plc,
Class
a
A
25,650
4,867,344
Akamai
Technologies,
Inc.*
6,073
659,649
Cognizant
Technology
Solutions
Corp.,
Class
a
A
19,801
1,278,749
Gartner,
Inc.*
2,801
554,906
GoDaddy,
Inc.,
Class
a
A*
5,534
541,668
International
Business
Machines
Corp.
39,255
9,180,567
ULTRAPRO
S&P500
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
178
UPRO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
VeriSign,
Inc.
3,422
$
986,494
18,069,377
Leisure
Products
—
0.0%(b)
Hasbro,
Inc.
5,615
528,372
Life
Sciences
Tools
&
Services
—
0.4%
Agilent
Technologies,
Inc.
11,810
1,813,544
Bio-Techne
Corp.
6,540
472,907
Charles
River
Laboratories
International,
Inc.*
2,007
578,498
Danaher
Corp.
26,316
5,620,045
IQVIA
Holdings,
Inc.*
6,975
1,821,800
Mettler-Toledo
International,
Inc.*
851
1,195,774
Revvity,
Inc.
4,661
599,731
Thermo
Fisher
Scientific,
Inc.
15,516
9,574,923
Waters
Corp.*
4,109
1,703,715
West
Pharmaceutical
Services,
Inc.
2,945
1,004,569
24,385,506
Machinery
—
0.9%
Caterpillar,
Inc.
19,238
15,341,728
Cummins,
Inc.
5,758
3,249,815
Deere
&
Co.
10,485
6,866,731
Dover
Corp.
5,626
1,092,738
Fortive
Corp.
12,736
749,386
IDEX
Corp.
3,093
707,183
Illinois
Tool
Works,
Inc.
10,936
3,011,446
Ingersoll
Rand,
Inc.
14,875
1,146,119
Nordson
Corp.
2,208
710,358
Otis
Worldwide
Corp.
16,028
1,140,072
PACCAR,
Inc.
21,989
2,729,494
Parker-Hannifin
Corp.
5,272
5,163,608
Pentair
plc
6,743
407,682
Snap-on,
Inc.
2,154
832,112
Stanley
Black
&
Decker,
Inc.
6,485
624,959
Westinghouse
Air
Brake
Technologies
Corp.
7,090
2,027,244
Xylem,
Inc.
9,935
1,093,943
46,894,618
Media
—
0.1%
AppLovin
Corp.,
Class
a
A*
11,229
3,504,122
Charter
Communications,
Inc.,
Class
a
A*
3,462
527,747
EchoStar
Corp.,
Class
a
A*
5,680
490,979
Fox
Corp.,
Class
a
A
8,331
561,093
Fox
Corp.,
Class
a
B
5,810
349,878
News
Corp.,
Class
a
A
15,240
468,020
News
Corp.,
Class
a
B
5,033
173,186
Omnicom
Group,
Inc.
11,909
1,042,395
Paramount
Skydance
Corp.,
Class
a
B(c)
13,167
143,652
Trade
Desk,
Inc.
(The),
Class
a
A*
17,843
244,806
7,505,878
Metals
&
Mining
—
0.3%
Freeport-McMoRan,
Inc.
60,038
4,547,278
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Newmont
Corp.
44,589
$
5,620,889
Nucor
Corp.
9,520
2,376,573
Steel
Dynamics,
Inc.
5,660
1,316,629
13,861,369
Multi-Utilities
—
0.3%
Ameren
Corp.
11,558
1,225,263
CenterPoint
Energy,
Inc.
27,316
1,081,714
CMS
Energy
Corp.
12,906
878,382
Consolidated
Edison,
Inc.
15,390
1,647,038
Dominion
Energy,
Inc.
36,726
2,424,283
DTE
Energy
Co.
8,688
1,178,353
NiSource,
Inc.
20,027
819,505
Public
Service
Enterprise
Group,
Inc.
20,814
1,526,291
Sempra
27,296
2,230,083
WEC
Energy
Group,
Inc.
13,604
1,444,337
14,455,249
Office
REITs
—
0.0%(b)
BXP,
Inc.,
REIT
6,197
421,334
Oil,
Gas
&
Consumable
Fuels
—
1.6%
APA
Corp.
14,758
636,808
Chevron
Corp.
78,194
16,118,911
ConocoPhillips
50,880
6,741,091
Devon
Energy
Corp.
48,158
2,336,145
Diamondback
Energy,
Inc.
8,112
1,626,294
EOG
Resources,
Inc.
22,239
3,223,765
EQT
Corp.
26,119
1,415,127
Expand
Energy
Corp.
10,006
982,189
ExxonMobil
Holdings
Corp.
173,129
27,865,113
Kinder
Morgan,
Inc.
81,785
2,636,748
Marathon
Petroleum
Corp.
12,202
4,555,251
Occidental
Petroleum
Corp.
30,336
1,825,620
ONEOK,
Inc.
26,325
2,527,463
Phillips
66
16,744
4,128,736
Targa
Resources
Corp.
8,957
2,630,223
Texas
Pacific
Land
Corp.
2,425
907,775
Valero
Energy
Corp.
12,396
4,449,172
Williams
Cos.,
Inc.
(The)
51,085
3,833,929
88,440,360
Passenger
Airlines
—
0.1%
Delta
Air
Lines,
Inc.
27,285
2,128,230
Southwest
Airlines
Co.
20,414
786,551
United
Airlines
Holdings,
Inc.*
13,550
1,463,265
4,378,046
Personal
Care
Products
—
0.0%(b)
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
10,335
1,057,271
Kenvue,
Inc.
80,199
1,514,157
2,571,428
Pharmaceuticals
—
1.7%
Bristol-Myers
Squibb
Co.
85,300
5,698,893
Eli
Lilly
&
Co.
33,043
38,221,829
Johnson
&
Johnson
100,543
26,729,357
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
179
UPRO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Merck
&
Co.,
Inc.
103,161
$
15,243,069
Pfizer,
Inc.
238,065
6,775,330
Viatris,
Inc.
48,650
803,211
Zoetis,
Inc.,
Class
a
A
17,506
1,349,713
94,821,402
Professional
Services
—
0.2%
Automatic
Data
Processing,
Inc.
16,688
4,775,438
Broadridge
Financial
Solutions,
Inc.
4,836
881,990
Equifax,
Inc.
4,964
938,990
Jacobs
Solutions,
Inc.
4,919
733,177
Leidos
Holdings,
Inc.
5,255
736,803
Paychex,
Inc.
13,470
1,715,270
Verisk
Analytics,
Inc.,
Class
a
A
5,478
1,061,527
10,843,195
Real
Estate
Management
&
Development
—
0.0%(b)
CBRE
Group,
Inc.,
Class
a
A*
12,230
1,783,257
CoStar
Group,
Inc.*
17,061
547,146
2,330,403
Residential
REITs
—
0.1%
Camden
Property
Trust,
REIT
4,188
443,090
Essex
Property
Trust,
Inc.,
REIT
2,688
760,597
Invitation
Homes,
Inc.,
REIT
22,829
665,237
Mid-America
Apartment
Communities,
Inc.,
REIT
4,870
627,500
UDR,
Inc.,
REIT
12,352
456,406
Vivmark
Residential,
REIT
30,449
1,983,448
4,936,278
Retail
REITs
—
0.1%
Federal
Realty
Investment
Trust,
REIT
3,286
381,275
Kimco
Realty
Corp.,
REIT
28,174
668,006
Realty
Income
Corp.,
REIT
38,950
2,386,856
Regency
Centers
Corp.,
REIT
6,881
514,492
Simon
Property
Group,
Inc.,
REIT
13,536
2,873,963
6,824,592
Semiconductors
&
Semiconductor
Equipment
—
8.7%
Advanced
Micro
Devices,
Inc.*
68,115
32,063,093
Analog
Devices,
Inc.
20,392
7,384,759
Applied
Materials,
Inc.
33,149
15,195,170
Broadcom,
Inc.
197,762
73,239,179
First
Solar,
Inc.*
4,494
907,339
Intel
Corp.*
197,057
17,638,572
KLA
Corp.
54,562
9,572,903
Lam
Research
Corp.
52,236
15,748,632
Marvell
Technology,
Inc.
36,575
7,741,464
Microchip
Technology,
Inc.
22,596
1,659,676
Micron
Technology,
Inc.
47,110
45,165,770
Monolithic
Power
Systems,
Inc.
2,057
2,607,803
NVIDIA
Corp.
1,011,678
223,358,269
NXP
Semiconductors
NV
10,544
2,368,604
ON
Semiconductor
Corp.*
16,366
1,212,557
Qnity
Electronics,
Inc.
8,751
1,045,132
Investments
Shares
Value
Common
Stocks
(a)
(continued)
QUALCOMM,
Inc.
44,022
$
7,504,871
Skyworks
Solutions,
Inc.
6,285
421,158
Teradyne,
Inc.
6,538
2,287,188
Texas
Instruments,
Inc.
38,018
9,919,276
477,041,415
Software
—
4.7%
Adobe,
Inc.*
16,880
4,942,295
Autodesk,
Inc.*
8,831
2,283,078
Cadence
Design
Systems,
Inc.*
11,525
3,904,440
Crowdstrike
Holdings,
Inc.,
Class
a
A*
42,525
9,823,275
Datadog,
Inc.,
Class
a
A*
13,825
3,277,078
Fair
Isaac
Corp.*
967
1,109,352
Fortinet,
Inc.*
26,016
4,446,915
Gen
Digital,
Inc.
23,014
713,434
Intuit,
Inc.
11,550
4,149,915
Microsoft
Corp.
310,279
157,401,434
Oracle
Corp.
70,867
10,567,687
Palantir
Technologies,
Inc.,
Class
a
A*
95,912
17,876,079
Palo
Alto
Networks,
Inc.*
33,880
12,946,564
PTC,
Inc.*
4,829
752,068
Roper
Technologies,
Inc.
4,206
1,786,036
Salesforce,
Inc.
34,168
8,799,627
ServiceNow,
Inc.*
43,079
6,375,261
Synopsys,
Inc.*
8,012
3,521,995
Trimble,
Inc.*
9,730
583,216
Tyler
Technologies,
Inc.*
1,761
655,479
Workday,
Inc.,
Class
a
A*
8,510
1,680,300
257,595,528
Specialized
REITs
—
0.4%
American
Tower
Corp.,
REIT
19,461
3,419,298
Crown
Castle,
Inc.,
REIT
18,234
1,388,337
Digital
Realty
Trust,
Inc.,
REIT
14,529
2,696,437
Equinix,
Inc.,
REIT
4,128
4,320,860
Extra
Space
Storage,
Inc.,
REIT
8,835
1,246,618
Iron
Mountain,
Inc.,
REIT
12,423
1,432,993
Public
Storage,
REIT
7,044
2,162,438
SBA
Communications
Corp.,
Class
a
A,
REIT
4,434
840,952
VICI
Properties,
Inc.,
Class
a
A,
REIT
45,654
1,171,025
Weyerhaeuser
Co.,
REIT
30,110
703,671
19,382,629
Specialty
Retail
—
0.7%
AutoZone,
Inc.*
683
2,043,017
Best
Buy
Co.,
Inc.
8,185
656,028
Carvana
Co.,
Class
a
A*
29,918
2,197,776
Home
Depot,
Inc.
(The)
41,608
13,640,351
Lowe's
Cos.,
Inc.
23,387
4,787,319
O'Reilly
Automotive,
Inc.*
34,618
3,074,078
Ross
Stores,
Inc.
13,456
3,075,234
TJX
Cos.,
Inc.
(The)
46,182
6,184,232
Tractor
Supply
Co.
21,900
764,310
Ulta
Beauty,
Inc.*
1,813
973,762
Williams-Sonoma,
Inc.
4,914
1,121,621
38,517,728
ULTRAPRO
S&P500
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
180
UPRO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Technology
Hardware,
Storage
&
Peripherals
—
4.2%
Apple,
Inc.
613,466
$
194,376,702
Dell
Technologies,
Inc.,
Class
a
C
12,082
5,509,513
Hewlett
Packard
Enterprise
Co.
55,428
2,895,559
HP,
Inc.
38,199
1,146,734
NetApp,
Inc.
8,237
1,526,234
Sandisk
Corp.*
6,187
9,693,173
Seagate
Technology
Holdings
plc
9,359
7,752,808
Super
Micro
Computer,
Inc.*
23,501
876,117
Western
Digital
Corp.
14,388
6,482,513
230,259,353
Textiles,
Apparel
&
Luxury
Goods
—
0.1%
Deckers
Outdoor
Corp.*
5,933
516,646
Lululemon
Athletica,
Inc.*
4,374
526,017
NIKE,
Inc.,
Class
a
B
50,102
1,956,984
Ralph
Lauren
Corp.,
Class
a
A
1,623
563,019
Tapestry,
Inc.
8,451
1,042,769
4,605,435
Tobacco
—
0.3%
Altria
Group,
Inc.
69,752
4,776,617
Philip
Morris
International,
Inc.
65,091
12,191,544
16,968,161
Trading
Companies
&
Distributors
—
0.2%
Fastenal
Co.
47,945
2,364,168
Ferguson
Enterprises,
Inc.
8,106
1,819,878
United
Rentals,
Inc.
2,614
2,713,332
WW
Grainger,
Inc.
1,808
2,367,558
9,264,936
Water
Utilities
—
0.0%(b)
American
Water
Works
Co.,
Inc.
8,152
1,126,851
Wireless
Telecommunication
Services
—
0.1%
T-Mobile
US,
Inc.
19,436
3,507,032
Total
Common
Stocks
(Cost
$2,865,026,868)
2,760,822,696
Exchange
Traded
Funds
(a)
—
20
.6
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(d)(e)
(Cost
$1,125,535,000)
11,250,000
1,126,350,000
Securities
Lending
Reinvestments
(f)
—
0
.0
%
(b)
Investment
Companies
—
0
.0
%
(b)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(g)
(Cost
$131,591)
131,591
131,591
Investments
Principal
Amount
Value
Short-Term
Investments
—
5
.1
%
Repurchase
Agreements
(h)
—
0
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$8,950,958
(Cost
$8,950,066)
$
8,950,066
$
8,950,066
U.S.
Treasury
Obligations
(a)
—
4
.9
%
U.S.
Treasury
Bills
(i)
3.67%,
9/3/2026
25,000,000
24,995,007
3.72%,
9/24/2026
95,000,000
94,778,769
3.70%,
10/6/2026
100,000,000
99,641,486
3.81%,
11/3/2026
50,000,000
49,672,536
Total
U.S.
Treasury
Obligations
(Cost
$269,087,465)
269,087,798
Total
Short-Term
Investments
(Cost
$278,037,531)
278,037,864
Total
Investments
—
76.1%
(Cost
$4,268,730,990)
4,165,342,151
Other
assets
less
liabilities
—
23.9%
1,304,760,253
Net
Assets
—
100.0%
$
5,470,102,404
*
Non-income
producing
security.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,088,913,055.
(b)
Represents
less
than
0.05%
of
net
assets.
(c)
The
security
or
a
portion
of
this
security
is
on
loan
at
August
31,
2026.
The
total
value
of
securities
on
loan
at
August
31,
2026
was
$127,614,
collateralized
in
the
form
of
cash
with
a
value
of
$131,591
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(d)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(e)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(f)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$131,591.
(g)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(h)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(i)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Abbreviations
REIT
Real
Estate
Investment
Trust
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
181
UPRO
::
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
1,326,590,000
–
(200,149,102)
(120,898)
30,000
1,126,350,000
11,250,000
11,268,006
Futures
Contracts
Purchased
UltraPro
S&P500
®
had
the
following
open
long
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Appreciation
AAAAAA
S&P
500
®
E-Mini
Index
1,714
9/18/2026
U.S.
Dollar
$
659,804,300
$
18,205,484
Swap
Agreements
UltraPro
S&P500
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
1,711,803,298
3/8/2027
Bank
of
America
NA
4.63%
S&P
500
®
140,038,023
1,485,923,016
4/6/2027
Barclays
Bank
PLC
4.63%
S&P
500
®
166,039,586
1,372,083,596
11/4/2027
BNP
Paribas
4.73%
S&P
500
®
155,912,468
1,977,228,770
3/8/2027
Citibank
NA
4.61%
S&P
500
®
58,997,475
1,091,562,544
11/4/2027
Goldman
Sachs
International
4.73%
S&P
500
®
69,086,957
623,000,078
4/6/2027
J.P.
Morgan
Securities,
LLC
4.58%
S&P
500
®
319,669,662
182,276,810
1/12/2027
Morgan
Stanley
&
Co.
International
plc
4.98%
S&P
500
®
57,732,692
1,356,911,156
11/4/2027
Societe
Generale
4.63%
S&P
500
®
104,841,345
1,603,005,986
4/6/2028
UBS
AG
4.68%
S&P
500
®
132,940,831
1,591,868,769
3/3/2028
Wells
Fargo
Bank,
N.A.
4.23%
S&P
500
®
16,588,680
12,995,664,023
1,221,847,719
Total
Unrealized
Appreciation
1,221,847,719
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRAPRO
SHORT
20+
YEAR
TREASURY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
182
TTT
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
71
.3
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$12,004,800)
120,000
$
12,014,400
Principal
Amount
Short-Term
Investments
—
2
.2
%
Repurchase
Agreements
(d)
—
2
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$373,669
(Cost
$373,633)
$
373,633
373,633
Total
Investments
—
73.5%
(Cost
$12,378,433)
12,388,033
Other
assets
less
liabilities
—
26.5%
4,457,386
Net
Assets
—
100.0%
$
16,845,419
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$703,844.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
12,014,400
–
–
–
–
12,014,400
120,000
108,835
Futures
Contracts
Sold
UltraPro
Short
20+
Year
Treasury
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
U.S.
Treasury
Long
Bond
4
12/21/2026
U.S.
Dollar
$
435,125
$
4,242
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
SHORT
20+
YEAR
TREASURY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
183
TTT
::
Swap
Agreements
UltraPro
Short
20+
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
(8,084,971)
12/7/2026
Bank
of
America
NA
(3.33)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
454,180
(6,342,829)
11/4/2026
Barclays
Bank
PLC
(3.41)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
401,152
(6,411,809)
12/7/2026
Citibank
NA
(3.18)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
352,562
(11,161,782)
12/7/2026
Goldman
Sachs
International
(3.38)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
510,369
(7,324,147)
11/4/2026
Morgan
Stanley
&
Co.
International
plc
(3.46)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
489,480
(1,949,733)
11/4/2026
Societe
Generale
(3.31)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
199,880
(8,989,976)
11/4/2026
UBS
AG
(3.18)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
801,941
(50,265,247)
3,209,564
Total
Unrealized
Appreciation
3,209,564
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRAPRO
SHORT
DOW30
~
SM
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
184
SDOW
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
83
.4
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$135,072,000)
1,350,000
$
135,162,000
Principal
Amount
Short-Term
Investments
—
55
.1
%
Repurchase
Agreements
(d)
—
8
.3
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$13,443,729
(Cost
$13,442,389)
$
13,442,389
13,442,389
U.S.
Treasury
Obligations
(a)
—
46
.8
%
U.S.
Treasury
Bills
(e)
3.66%,
9/3/2026
20,000,000
19,996,006
3.65%,
9/10/2026
10,000,000
9,990,931
3.66%,
9/22/2026
21,000,000
20,955,377
3.72%,
10/1/2026
10,000,000
9,969,340
3.78%,
11/3/2026
5,000,000
4,967,254
3.77%,
11/10/2026
5,000,000
4,963,829
3.86%,
12/31/2026
5,000,000
4,935,909
Total
U.S.
Treasury
Obligations
(Cost
$75,779,251)
75,778,646
Total
Short-Term
Investments
(Cost
$89,221,640)
89,221,035
Total
Investments
—
138.5%
(Cost
$224,293,640)
224,383,035
Liabilities
in
excess
of
other
assets
—
(38.5%)
(
62,429,120
)
Net
Assets
—
100.0%
$
161,953,915
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$87,396,268.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
140,168,000
20,026,000
(25,019,460)
9,460
(22,000)
135,162,000
1,350,000
1,203,669
Futures
Contracts
Sold
UltraPro
Short
Dow30
SM
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
DJIA
CBOT
E-Mini
Index
101
9/18/2026
U.S.
Dollar
$
26,886,200
$
(
130,798
)
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
SHORT
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
185
SDOW
::
Swap
Agreements
UltraPro
Short
Dow30
SM
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(104,297,550)
3/8/2027
Bank
of
America
NA
(4.53)%
Dow
Jones
Industrial
Average
SM
(
12,340,998
)
(74,247,516)
11/4/2027
Barclays
Bank
PLC
(4.43)%
Dow
Jones
Industrial
Average
SM
(
5,317,365
)
(47,229,079)
1/12/2027
BNP
Paribas
(4.53)%
Dow
Jones
Industrial
Average
SM
(
7,839,162
)
(47,601,381)
3/2/2028
Citibank
NA
(4.38)%
Dow
Jones
Industrial
Average
SM
(
4,836,192
)
(53,345,458)
11/6/2026
Goldman
Sachs
International
(4.13)%
Dow
Jones
Industrial
Average
SM
(
11,277,607
)
(55,951,567)
3/3/2028
Societe
Generale
(4.33)%
Dow
Jones
Industrial
Average
SM
(
838,845
)
(76,307,353)
11/6/2026
UBS
AG
(4.28)%
Dow
Jones
Industrial
Average
SM
(
20,333,813
)
(458,979,904)
(
62,783,982
)
Total
Unrealized
Depreciation
(
62,783,982
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRAPRO
SHORT
MIDCAP400
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
186
SMDD
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
71
.8
%
Repurchase
Agreements
(a)
—
71
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,102,331
(Cost
$1,102,221)
$
1,102,221
$
1,102,221
Total
Investments
—
71.8%
(Cost
$1,102,221)
1,102,221
Other
assets
less
liabilities
—
28.2%
431,880
Net
Assets
—
100.0%
$
1,534,101
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Futures
Contracts
Sold
UltraPro
Short
MidCap400
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
S&P
Midcap
400
®
E-Mini
Index
1
9/18/2026
U.S.
Dollar
$
376,710
$
3,308
Swap
Agreements
UltraPro
Short
MidCap400
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(1,135,592)
11/6/2026
Bank
of
America
NA
(4.38)%
S&P
MidCap
400
®
(
237,224
)
(936,300)
11/4/2027
BNP
Paribas
(4.38)%
S&P
MidCap
400
®
(
104,206
)
(1,481,535)
3/2/2028
Citibank
NA
(4.08)%
S&P
MidCap
400
®
(
11,115
)
(673,083)
3/6/2028
Societe
Generale
(3.88)%
S&P
MidCap
400
®
13,515
(4,226,510)
(
339,030
)
Total
Unrealized
Appreciation
13,515
Total
Unrealized
Depreciation
(
352,545
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
SHORT
QQQ
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
187
SQQQ
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
69
.3
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$1,370,477,520)
13,698,000
$
1,371,443,760
Principal
Amount
Short-Term
Investments
—
95
.5
%
Repurchase
Agreements
(d)
—
9
.3
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$184,851,455
(Cost
$184,833,015)
$
184,833,015
184,833,015
U.S.
Treasury
Obligations
(a)
—
86
.2
%
U.S.
Treasury
Bills
(e)
3.65%,
9/3/2026
150,000,000
149,970,042
3.65%,
9/10/2026
75,000,000
74,931,984
3.71%,
9/17/2026
315,000,000
314,491,193
3.72%,
9/24/2026
300,000,000
299,301,375
3.70%,
9/29/2026
140,000,000
139,597,492
3.80%,
11/3/2026
300,000,000
298,035,219
3.78%,
11/10/2026
65,000,000
64,529,770
3.79%,
11/24/2026
166,000,000
164,555,904
3.81%,
12/1/2026
200,000,000
198,117,514
Total
U.S.
Treasury
Obligations
(Cost
$1,703,486,102)
1,703,530,493
Total
Short-Term
Investments
(Cost
$1,888,319,117)
1,888,363,508
Total
Investments
—
164.8%
(Cost
$3,258,796,637)
3,259,807,268
Liabilities
in
excess
of
other
assets
—
(64.8%)
(
1,281,804,016
)
Net
Assets
—
100.0%
$
1,978,003,252
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$1,839,622,854.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
2,328,791,200
293,114,220
(1,249,833,653)
(247,847)
(380,160)
1,371,443,760
13,698,000
17,982,984
Futures
Contracts
Sold
UltraPro
Short
QQQ
®
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
Nasdaq-100
E-Mini
Index
406
9/18/2026
U.S.
Dollar
$
239,645,560
$
3,757,116
ULTRAPRO
SHORT
QQQ
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
188
SQQQ
::
Swap
Agreements
UltraPro
Short
QQQ
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(506,542,056)
12/9/2027
Bank
of
America
NA
(4.48)%
Nasdaq-100
Index
®
1,568,517
(383,176,266)
11/4/2027
Barclays
Bank
PLC
(4.43)%
Nasdaq-100
Index
®
(
109,341,431
)
(568,342,779)
1/6/2028
BNP
Paribas
(4.63)%
Nasdaq-100
Index
®
12,082,836
(653,738,535)
3/9/2027
Citibank
NA
(4.48)%
Nasdaq-100
Index
®
(
142,319,652
)
(501,210,344)
1/6/2028
Goldman
Sachs
International
(4.43)%
Nasdaq-100
Index
®
115,036
(535,498,257)
4/6/2027
J.P.
Morgan
Securities,
LLC
(4.38)%
Nasdaq-100
Index
®
(
485,056,296
)
(639,481,362)
1/12/2027
Morgan
Stanley
&
Co.
International
plc
(4.28)%
Nasdaq-100
Index
®
(
266,066,909
)
(751,476,762)
4/6/2028
Nomura
Global
Financial
Products
Inc.
(4.43)%
Nasdaq-100
Index
®
5,515,763
(671,766,201)
12/9/2027
Societe
Generale
(4.68)%
Nasdaq-100
Index
®
(
156,287,410
)
(483,115,046)
11/8/2027
UBS
AG
(4.28)%
Nasdaq-100
Index
®
(
158,487,513
)
(5,694,347,608)
(
1,298,277,059
)
Total
Unrealized
Appreciation
19,282,152
Total
Unrealized
Depreciation
(
1,317,559,211
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
SHORT
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
189
SRTY
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
62
.4
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$47,031,400)
470,000
$
47,056,400
Principal
Amount
Short-Term
Investments
—
82
.9
%
Repurchase
Agreements
(d)
—
11
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$8,609,473
(Cost
$8,608,614)
$
8,608,614
8,608,614
U.S.
Treasury
Obligations
(a)
—
71
.5
%
U.S.
Treasury
Bills
(e)
3.65%,
9/3/2026
15,000,000
14,997,004
3.66%,
9/22/2026
29,000,000
28,938,378
3.77%,
11/10/2026
10,000,000
9,927,657
Total
U.S.
Treasury
Obligations
(Cost
$53,863,294)
53,863,039
Total
Short-Term
Investments
(Cost
$62,471,908)
62,471,653
Total
Investments
—
145.3%
(Cost
$109,503,308)
109,528,053
Liabilities
in
excess
of
other
assets
—
(45.3%)
(
34,149,778
)
Net
Assets
—
100.0%
$
75,378,275
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$42,557,295.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
60,072,000
14,018,200
(27,017,043)
3,743
(20,500)
47,056,400
470,000
335,696
Futures
Contracts
Sold
UltraPro
Short
Russell2000
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
Russell
2000
®
E-mini
Index
78
9/18/2026
U.S.
Dollar
$
11,538,930
$
159,851
ULTRAPRO
SHORT
RUSSELL2000
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
190
SRTY
::
Swap
Agreements
UltraPro
Short
Russell2000
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(35,506,965)
3/9/2027
Bank
of
America
NA
(4.03)%
Russell
2000
®
Index
(
2,945,119
)
(25,774,331)
11/6/2026
Barclays
Bank
PLC
(4.33)%
Russell
2000
®
Index
(
6,594,906
)
(35,900,172)
3/9/2027
BNP
Paribas
(4.33)%
Russell
2000
®
Index
(
3,449,913
)
(29,830,580)
11/4/2027
Citibank
NA
(3.98)%
Russell
2000
®
Index
(
1,613,612
)
(32,251,913)
11/6/2026
Goldman
Sachs
International
(3.78)%
Russell
2000
®
Index
(
7,536,412
)
(15,060,156)
3/6/2028
Societe
Generale
(3.98)%
Russell
2000
®
Index
(
1,270,707
)
(40,272,922)
3/8/2027
UBS
AG
(3.93)%
Russell
2000
®
Index
(
6,433,624
)
(214,597,039)
(
29,844,293
)
Total
Unrealized
Depreciation
(
29,844,293
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRAPRO
SHORT
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
191
SPXU
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
82
.7
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$320,174,500)
3,200,000
$
320,384,000
Principal
Amount
Short-Term
Investments
—
63
.8
%
Repurchase
Agreements
(d)
—
4
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$15,561,094
(Cost
$15,559,541)
$
15,559,541
15,559,541
U.S.
Treasury
Obligations
(a)
—
59
.8
%
U.S.
Treasury
Bills
(e)
3.66%,
9/3/2026
65,000,000
64,987,018
3.72%,
9/24/2026
25,000,000
24,941,781
3.77%,
11/10/2026
50,000,000
49,638,284
3.85%,
11/17/2026
50,000,000
49,602,078
3.81%,
12/1/2026
35,000,000
34,670,565
3.81%,
12/24/2026
8,000,000
7,903,835
Total
U.S.
Treasury
Obligations
(Cost
$231,730,773)
231,743,561
Total
Short-Term
Investments
(Cost
$247,290,314)
247,303,102
Total
Investments
—
146.5%
(Cost
$567,464,814)
567,687,102
Liabilities
in
excess
of
other
assets
—
(46.5%)
(
180,243,555
)
Net
Assets
—
100.0%
$
387,443,547
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$210,541,380.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
335,402,000
40,052,000
(55,040,366)
(22,634)
(7,000)
320,384,000
3,200,000
3,006,033
Futures
Contracts
Sold
UltraPro
Short
S&P500
®
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
S&P
500
®
E-Mini
Index
227
9/18/2026
U.S.
Dollar
$
87,383,650
$
(
847,967
)
ULTRAPRO
SHORT
S&P500
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
192
SPXU
::
Swap
Agreements
UltraPro
Short
S&P500
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(186,411,953)
12/9/2027
Bank
of
America
NA
(4.33)%
S&P
500
®
(
4,672,322
)
(137,589,592)
3/3/2028
Barclays
Bank
PLC
(4.23)%
S&P
500
®
(
28,066,293
)
(122,970,554)
12/9/2027
BNP
Paribas
(4.43)%
S&P
500
®
1,648,878
(154,998,699)
3/2/2028
Citibank
NA
(4.21)%
S&P
500
®
(
6,995,797
)
(84,824,241)
1/6/2028
Goldman
Sachs
International
(4.43)%
S&P
500
®
(
8,727,768
)
(10,914,319)
4/6/2027
J.P.
Morgan
Securities,
LLC
(4.28)%
S&P
500
®
(
70,577,785
)
(49,068,318)
1/12/2027
Morgan
Stanley
&
Co.
International
plc
(4.28)%
S&P
500
®
(
35,609,292
)
(98,782,271)
1/6/2028
Societe
Generale
(4.33)%
S&P
500
®
(
13,623,980
)
(112,367,432)
4/6/2028
UBS
AG
(4.28)%
S&P
500
®
(
28,559,920
)
(116,806,270)
3/3/2028
Wells
Fargo
Bank,
N.A.
(3.73)%
S&P
500
®
(
1,283,347
)
(1,074,733,649)
(
196,467,626
)
Total
Unrealized
Appreciation
1,648,878
Total
Unrealized
Depreciation
(
198,116,504
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
7-10
YEAR
TREASURY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
193
PST
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
79
.8
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$8,503,850)
85,000
$
8,510,200
Principal
Amount
Short-Term
Investments
—
12
.4
%
Repurchase
Agreements
(d)
—
12
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,318,921
(Cost
$1,318,790)
$
1,318,790
1,318,790
Total
Investments
—
92.2%
(Cost
$9,822,640)
9,828,990
Other
assets
less
liabilities
—
7.8%
834,022
Net
Assets
—
100.0%
$
10,663,012
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$347,917.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
8,009,600
500,650
–
–
(50)
8,510,200
85,000
73,220
Futures
Contracts
Sold
UltraShort
7-10
Year
Treasury
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
U.S.
10
Year
Treasury
Note
3
12/21/2026
U.S.
Dollar
$
323,297
$
2,807
ULTRASHORT
7-10
YEAR
TREASURY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
194
PST
::
Swap
Agreements
UltraShort
7-10
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
(3,988,272)
11/4/2026
Bank
of
America
NA
(3.14)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
178,296
(4,541,768)
11/4/2026
Citibank
NA
(3.16)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
119,488
(5,149,675)
11/4/2026
Goldman
Sachs
International
(3.41)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
130,532
(7,371,351)
11/4/2026
Societe
Generale
(3.35)%
ICE
U.S.
Treasury
7-10
Year
Bond
Index
254,751
(21,051,066)
683,067
Total
Unrealized
Appreciation
683,067
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
20+
YEAR
TREASURY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
195
TBT
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
77
.5
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$230,120,500)
2,300,000
$
230,276,000
Principal
Amount
Short-Term
Investments
—
11
.4
%
Repurchase
Agreements
(d)
—
3
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$8,976,851
(Cost
$8,975,956)
$
8,975,956
8,975,956
U.S.
Treasury
Obligations
(a)
—
8
.4
%
U.S.
Treasury
Bills
(e)
3.66%,
9/3/2026
(Cost
$24,994,965)
25,000,000
24,995,007
Total
Short-Term
Investments
(Cost
$33,970,921)
33,970,963
Total
Investments
—
88.9%
(Cost
$264,091,421)
264,246,963
Other
assets
less
liabilities
—
11.1%
32,846,628
Net
Assets
—
100.0%
$
297,093,591
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$14,604,496.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
240,288,000
15,019,500
(25,026,984)
4,484
(9,000)
230,276,000
2,300,000
2,093,111
Futures
Contracts
Sold
UltraShort
20+
Year
Treasury
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
U.S.
Treasury
Long
Bond
110
12/21/2026
U.S.
Dollar
$
11,965,938
$
116,668
ULTRASHORT
20+
YEAR
TREASURY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
196
TBT
::
Swap
Agreements
UltraShort
20+
Year
Treasury
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
(112,731,341)
11/4/2026
Bank
of
America
NA
(3.33)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
3,318,748
(100,636,146)
11/4/2026
Barclays
Bank
PLC
(3.41)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
4,788,325
(89,427,202)
11/4/2026
Citibank
NA
(3.18)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
4,261,879
(116,378,189)
11/4/2026
Goldman
Sachs
International
(3.38)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
3,921,432
(117,602,378)
11/4/2026
Morgan
Stanley
&
Co.
International
plc
(3.46)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
6,757,127
(48,363,234)
11/4/2026
Societe
Generale
(3.31)%
ICE
U.S.
Treasury
20+
Year
Bond
Index
3,393,707
(585,138,490)
26,441,218
Total
Unrealized
Appreciation
26,441,218
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
CONSUMER
DISCRETIONARY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
197
SCC
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
98
.1
%
Repurchase
Agreements
(a)
—
98
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$5,419,438
(Cost
$5,418,898)
$
5,418,898
$
5,418,898
Total
Investments
—
98.1%
(Cost
$5,418,898)
5,418,898
Other
assets
less
liabilities
—
1.9%
104,769
Net
Assets
—
100.0%
$
5,523,667
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
Consumer
Discretionary
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(3,366,438)
3/15/2028
BNP
Paribas
(4.43)%
S&P
Consumer
Discretionary
Select
Sector
Index
c
(
387,473
)
(3,215,667)
11/15/2027
Goldman
Sachs
International
(3.88)%
S&P
Consumer
Discretionary
Select
Sector
Index
c
(
161,411
)
(3,222,734)
11/15/2027
Societe
Generale
(3.98)%
S&P
Consumer
Discretionary
Select
Sector
Index
c
20,691
(1,203,814)
3/8/2027
UBS
AG
(4.28)%
S&P
Consumer
Discretionary
Select
Sector
Index
c
(
177,248
)
(11,008,653)
(
705,441
)
Total
Unrealized
Appreciation
20,691
Total
Unrealized
Depreciation
(
726,132
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Consumer
Discretionary
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
CONSUMER
STAPLES
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
198
SZK
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
91
.4
%
Repurchase
Agreements
(a)
—
91
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$4,157,978
(Cost
$4,157,562)
$
4,157,562
$
4,157,562
Total
Investments
—
91.4%
(Cost
$4,157,562)
4,157,562
Other
assets
less
liabilities
—
8.6%
389,181
Net
Assets
—
100.0%
$
4,546,743
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
Consumer
Staples
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(3,583,995)
3/8/2027
Bank
of
America
NA
(4.23)%
S&P
Consumer
Staples
Select
Sector
Index
c
(
69,713
)
(1,959,582)
3/8/2027
Goldman
Sachs
International
(3.88)%
S&P
Consumer
Staples
Select
Sector
Index
c
35,108
(1,654,415)
3/15/2028
Societe
Generale
(3.93)%
S&P
Consumer
Staples
Select
Sector
Index
c
17,838
(1,863,575)
3/15/2028
UBS
AG
(4.28)%
S&P
Consumer
Staples
Select
Sector
Index
c
(
40,694
)
(9,061,567)
(
57,461
)
Total
Unrealized
Appreciation
52,946
Total
Unrealized
Depreciation
(
110,407
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Consumer
Staples
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
DOW30
~
SM
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
199
DXD
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
82
.0
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$38,526,200)
385,000
$
38,546,200
Principal
Amount
Short-Term
Investments
—
17
.9
%
Repurchase
Agreements
(d)
—
17
.9
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$8,443,216
(Cost
$8,442,374)
$
8,442,374
8,442,374
Total
Investments
—
99.9%
(Cost
$46,968,574)
46,988,574
Other
assets
less
liabilities
—
0.1%
64,907
Net
Assets
—
100.0%
$
47,053,481
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$4,026,927.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
42,050,400
12,015,600
(15,510,130)
(1,070)
(8,600)
38,546,200
385,000
354,095
Futures
Contracts
Sold
UltraShort
Dow30
SM
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
DJIA
CBOT
E-Mini
Index
37
9/18/2026
U.S.
Dollar
$
9,849,400
$
(
278,995
)
ULTRASHORT
DOW30
~
SM
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
200
DXD
::
Swap
Agreements
UltraShort
Dow30
SM
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(24,093,213)
11/4/2027
Bank
of
America
NA
(4.53)%
Dow
Jones
Industrial
Average
SM
(
1,407,608
)
(10,743,552)
11/4/2027
Barclays
Bank
PLC
(4.43)%
Dow
Jones
Industrial
Average
SM
51,724
(9,467,090)
1/12/2027
BNP
Paribas
(4.53)%
Dow
Jones
Industrial
Average
SM
(
4,570,417
)
(11,115,853)
3/8/2027
Citibank
NA
(4.38)%
Dow
Jones
Industrial
Average
SM
(
2,445,368
)
(9,645,954)
11/6/2026
Goldman
Sachs
International
(4.13)%
Dow
Jones
Industrial
Average
SM
(
2,961,071
)
(15,796,212)
11/6/2026
Societe
Generale
(4.33)%
Dow
Jones
Industrial
Average
SM
(
2,250,469
)
(3,371,561)
11/6/2026
UBS
AG
(4.28)%
Dow
Jones
Industrial
Average
SM
(
2,749,363
)
(84,233,435)
(
16,332,572
)
Total
Unrealized
Appreciation
51,724
Total
Unrealized
Depreciation
(
16,384,296
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
ENERGY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
201
DUG
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
44
.4
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$14,014,200)
140,000
$
14,016,800
Principal
Amount
Short-Term
Investments
—
51
.7
%
Repurchase
Agreements
(d)
—
51
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$16,343,227
(Cost
$16,341,596)
$
16,341,596
16,341,596
Total
Investments
—
96.1%
(Cost
$30,355,796)
30,358,396
Other
assets
less
liabilities
—
3.9%
1,232,756
Net
Assets
—
100.0%
$
31,591,152
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$2,404,782.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
10,012,000
4,005,200
–
–
(400)
14,016,800
140,000
96,005
Swap
Agreements
UltraShort
Energy
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(8,246,701)
3/8/2027
Bank
of
America
NA
(4.03)%
S&P
Energy
Select
Sector
Index
c
(
3,142,037
)
(13,862,388)
3/15/2028
BNP
Paribas
(4.53)%
S&P
Energy
Select
Sector
Index
c
(
1,133,910
)
(5,562,102)
3/8/2027
Goldman
Sachs
International
(3.88)%
S&P
Energy
Select
Sector
Index
c
(
2,178,507
)
(8,978,133)
3/8/2027
Societe
Generale
(3.98)%
S&P
Energy
Select
Sector
Index
c
(
3,002,668
)
(26,470,891)
3/8/2027
UBS
AG
(4.28)%
S&P
Energy
Select
Sector
Index
c
(
1,894,343
)
(63,120,215)
(
11,351,465
)
Total
Unrealized
Depreciation
(
11,351,465
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Energy
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
FINANCIALS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
202
SKF
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
89
.5
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$10,010,200)
100,000
$
10,012,000
Principal
Amount
Short-Term
Investments
—
8
.7
%
Repurchase
Agreements
(d)
—
8
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$972,933
(Cost
$972,835)
$
972,835
972,835
Total
Investments
—
98.2%
(Cost
$10,983,035)
10,984,835
Other
assets
less
liabilities
—
1.8%
200,764
Net
Assets
—
100.0%
$
11,185,599
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$836,803.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
7,008,400
3,003,900
–
–
(300)
10,012,000
100,000
65,478
Swap
Agreements
UltraShort
Financials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(4,102,387)
11/15/2027
Bank
of
America
NA
(4.08)%
S&P
Financial
Select
Sector
Index
c
(
430,248
)
(2,988,526)
3/15/2028
Barclays
Bank
PLC
(4.53)%
S&P
Financial
Select
Sector
Index
c
(
389,526
)
(2,200,016)
3/15/2028
BNP
Paribas
(4.43)%
S&P
Financial
Select
Sector
Index
c
(
320,922
)
(3,124,917)
4/15/2027
Citibank
NA
(4.03)%
S&P
Financial
Select
Sector
Index
c
(
1,396,332
)
(3,960,313)
3/8/2027
Goldman
Sachs
International
(3.88)%
S&P
Financial
Select
Sector
Index
c
(
1,002,646
)
(1,782,318)
3/15/2028
J.P.
Morgan
Securities,
LLC
(4.33)%
S&P
Financial
Select
Sector
Index
c
(
201,284
)
(1,717,675)
3/15/2028
Societe
Generale
(3.98)%
S&P
Financial
Select
Sector
Index
c
(
223,841
)
(2,430,176)
3/15/2028
UBS
AG
(4.28)%
S&P
Financial
Select
Sector
Index
c
(
272,339
)
(22,306,328)
(
4,237,138
)
Total
Unrealized
Depreciation
(
4,237,138
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
FINANCIALS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
203
SKF
::
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Financials
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
FTSE
CHINA
50
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
204
FXP
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
61
.9
%
Repurchase
Agreements
(a)
—
61
.9
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$3,355,258
(Cost
$3,354,924)
$
3,354,924
$
3,354,924
Total
Investments
—
61.9%
(Cost
$3,354,924)
3,354,924
Other
assets
less
liabilities
—
38.1%
2,068,252
Net
Assets
—
100.0%
$
5,423,176
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
FTSE
China
50
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(4,547,105)
11/6/2026
Bank
of
America
NA
(2.93)%
iShares
®
China
Large-Cap
ETF
c
201,270
(968,698)
11/6/2026
Citibank
NA
(2.40)%
iShares
®
China
Large-Cap
ETF
c
40,734
(762,735)
11/6/2026
Goldman
Sachs
International
(3.13)%
iShares
®
China
Large-Cap
ETF
c
530,037
(2,887,675)
11/6/2026
Societe
Generale
(3.48)%
iShares
®
China
Large-Cap
ETF
c
(
342,523
)
(1,638,498)
11/9/2026
UBS
AG
(3.73)%
iShares
®
China
Large-Cap
ETF
c
(
211,768
)
(10,804,711)
217,750
Total
Unrealized
Appreciation
772,041
Total
Unrealized
Depreciation
(
554,291
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
FTSE
EUROPE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
205
EPV
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
78
.6
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$7,507,750)
75,000
$
7,509,000
Principal
Amount
Short-Term
Investments
—
8
.6
%
Repurchase
Agreements
(d)
—
8
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$818,023
(Cost
$817,942)
$
817,942
817,942
Total
Investments
—
87.2%
(Cost
$8,325,692)
8,326,942
Other
assets
less
liabilities
—
12.8%
1,224,514
Net
Assets
—
100.0%
$
9,551,456
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$45,655.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
5,006,000
2,503,250
–
–
(250)
7,509,000
75,000
48,666
Swap
Agreements
UltraShort
FTSE
Europe
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(2,535,718)
11/6/2026
Citibank
NA
(3.43)%
Vanguard
®
FTSE
Europe
ETF
Shares
c
(
1,362,602
)
(6,791,350)
11/6/2026
Goldman
Sachs
International
(3.13)%
Vanguard
®
FTSE
Europe
ETF
Shares
c
(
3,743,688
)
(7,056,275)
11/6/2026
Societe
Generale
(2.83)%
Vanguard
®
FTSE
Europe
ETF
Shares
c
(
2,511,090
)
(2,779,945)
11/6/2026
UBS
AG
(2.38)%
Vanguard
®
FTSE
Europe
ETF
Shares
c
(
1,112,590
)
(19,163,288)
(
8,729,970
)
Total
Unrealized
Depreciation
(
8,729,970
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
ULTRASHORT
HEALTH
CARE
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
206
RXD
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
90
.8
%
Repurchase
Agreements
(a)
—
90
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$2,678,020
(Cost
$2,677,753)
$
2,677,753
$
2,677,753
Total
Investments
—
90.8%
(Cost
$2,677,753)
2,677,753
Other
assets
less
liabilities
—
9.2%
270,062
Net
Assets
—
100.0%
$
2,947,815
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
Health
Care
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(378,519)
3/8/2027
Bank
of
America
NA
(4.28)%
S&P
Health
Care
Select
Sector
Index
c
16,124
(1,498,590)
3/15/2028
BNP
Paribas
(4.53)%
S&P
Health
Care
Select
Sector
Index
c
(
252,186
)
(1,240,509)
4/15/2027
Citibank
NA
(4.08)%
S&P
Health
Care
Select
Sector
Index
c
(
309,337
)
(652,085)
3/8/2027
Goldman
Sachs
International
(3.88)%
S&P
Health
Care
Select
Sector
Index
c
(
162,297
)
(894,681)
11/15/2027
Societe
Generale
(3.93)%
S&P
Health
Care
Select
Sector
Index
c
(
119,923
)
(1,212,981)
3/15/2028
UBS
AG
(4.28)%
S&P
Health
Care
Select
Sector
Index
c
(
256,388
)
(5,877,365)
(
1,084,007
)
Total
Unrealized
Appreciation
16,124
Total
Unrealized
Depreciation
(
1,100,131
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Health
Care
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
INDUSTRIALS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
207
SIJ
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
92
.7
%
Repurchase
Agreements
(a)
—
92
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$5,781,133
(Cost
$5,780,556)
$
5,780,556
$
5,780,556
Total
Investments
—
92.7%
(Cost
$5,780,556)
5,780,556
Other
assets
less
liabilities
—
7.3%
454,659
Net
Assets
—
100.0%
$
6,235,215
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
Industrials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(2,027,990)
11/15/2027
Bank
of
America
NA
(4.28)%
S&P
Industrials
Select
Sector
Index
c
(
87,760
)
(3,084,309)
11/15/2027
BNP
Paribas
(4.53)%
S&P
Industrials
Select
Sector
Index
c
(
44,733
)
(1,391,378)
3/8/2027
Goldman
Sachs
International
(3.88)%
S&P
Industrials
Select
Sector
Index
c
(
281,097
)
(2,936,178)
3/15/2028
Societe
Generale
(3.98)%
S&P
Industrials
Select
Sector
Index
c
(
11,159
)
(3,050,803)
3/8/2027
UBS
AG
(4.28)%
S&P
Industrials
Select
Sector
Index
c
(
499,482
)
(12,490,658)
(
924,231
)
Total
Unrealized
Depreciation
(
924,231
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Industrials
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
MATERIALS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
208
SMN
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
99
.0
%
Repurchase
Agreements
(a)
—
99
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$3,785,848
(Cost
$3,785,471)
$
3,785,471
$
3,785,471
Total
Investments
—
99.0%
(Cost
$3,785,471)
3,785,471
Other
assets
less
liabilities
—
1.0%
36,620
Net
Assets
—
100.0%
$
3,822,091
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
Materials
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(2,153,789)
3/8/2027
Bank
of
America
NA
(3.93)%
S&P
Materials
Select
Sector
Index
c
(
198,716
)
(1,691,065)
3/15/2028
BNP
Paribas
(4.53)%
S&P
Materials
Select
Sector
Index
c
(
131,229
)
(661,672)
3/8/2027
Goldman
Sachs
International
(3.88)%
S&P
Materials
Select
Sector
Index
c
(
96,950
)
(1,598,297)
3/8/2027
Societe
Generale
(3.98)%
S&P
Materials
Select
Sector
Index
c
(
146,809
)
(1,561,413)
3/8/2027
UBS
AG
(4.28)%
S&P
Materials
Select
Sector
Index
c
(
208,129
)
(7,666,236)
(
781,833
)
Total
Unrealized
Depreciation
(
781,833
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Materials
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
MIDCAP400
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
209
MZZ
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
92
.6
%
Repurchase
Agreements
(a)
—
92
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$4,019,481
(Cost
$4,019,080)
$
4,019,080
$
4,019,080
Total
Investments
—
92.6%
(Cost
$4,019,080)
4,019,080
Other
assets
less
liabilities
—
7.4%
319,587
Net
Assets
—
100.0%
$
4,338,667
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
MidCap400
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(2,327,589)
3/8/2027
Bank
of
America
NA
(4.38)%
S&P
MidCap
400
®
(
218,734
)
(3,038,274)
11/8/2027
BNP
Paribas
(4.38)%
S&P
MidCap
400
®
20,762
(2,120,775)
11/4/2027
Citibank
NA
(4.08)%
S&P
MidCap
400
®
(
42,291
)
(1,191,996)
11/6/2026
Societe
Generale
(3.88)%
S&P
MidCap
400
®
(
69,274
)
(8,678,634)
(
309,537
)
Total
Unrealized
Appreciation
20,762
Total
Unrealized
Depreciation
(
330,299
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRASHORT
MSCI
BRAZIL
CAPPED
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
210
BZQ
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
73
.6
%
Repurchase
Agreements
(a)
—
73
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,764,570
(Cost
$1,764,393)
$
1,764,393
$
1,764,393
Total
Investments
—
73.6%
(Cost
$1,764,393)
1,764,393
Other
assets
less
liabilities
—
26.4%
631,768
Net
Assets
—
100.0%
$
2,396,161
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
MSCI
Brazil
Capped
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(1,395,210)
11/6/2026
Bank
of
America
NA
(2.83)%
iShares
®
MSCI
Brazil
Capped
ETF
c
(
1,266,923
)
(292,789)
11/6/2026
Citibank
NA
(3.93)%
iShares
®
MSCI
Brazil
Capped
ETF
c
(
169,999
)
(1,421,099)
11/6/2026
Goldman
Sachs
International
(3.13)%
iShares
®
MSCI
Brazil
Capped
ETF
c
(
1,281,865
)
(562,727)
11/6/2026
Societe
Generale
(3.03)%
iShares
®
MSCI
Brazil
Capped
ETF
c
(
434,759
)
(1,128,310)
11/6/2026
UBS
AG
(3.53)%
iShares
®
MSCI
Brazil
Capped
ETF
c
(
869,950
)
(4,800,135)
(
4,023,496
)
Total
Unrealized
Depreciation
(
4,023,496
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
MSCI
EAFE
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
211
EFU
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
91
.0
%
Repurchase
Agreements
(a)
—
91
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,052,534
(Cost
$1,052,429)
$
1,052,429
$
1,052,429
Total
Investments
—
91.0%
(Cost
$1,052,429)
1,052,429
Other
assets
less
liabilities
—
9.0%
104,510
Net
Assets
—
100.0%
$
1,156,939
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
MSCI
EAFE
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(223,552)
11/6/2026
Citibank
NA
(3.63)%
iShares
®
MSCI
EAFE
ETF
c
(
134,332
)
(373,355)
11/6/2026
Goldman
Sachs
International
(3.48)%
iShares
®
MSCI
EAFE
ETF
c
(
40,895
)
(1,387,405)
11/6/2026
Societe
Generale
(3.13)%
iShares
®
MSCI
EAFE
ETF
c
(
558,438
)
(327,262)
11/6/2026
UBS
AG
(3.53)%
iShares
®
MSCI
EAFE
ETF
c
(
183,329
)
(2,311,574)
(
916,994
)
Total
Unrealized
Depreciation
(
916,994
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
ULTRASHORT
MSCI
EMERGING
MARKETS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
212
EEV
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
47
.6
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$1,201,480)
12,000
$
1,201,440
Principal
Amount
Short-Term
Investments
—
44
.4
%
Repurchase
Agreements
(d)
—
44
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,122,194
(Cost
$1,122,083)
$
1,122,083
1,122,083
Total
Investments
—
92.0%
(Cost
$2,323,563)
2,323,523
Other
assets
less
liabilities
—
8.0%
203,238
Net
Assets
—
100.0%
$
2,526,761
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$48,058.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
2,002,400
1,001,300
(1,801,043)
(577)
(640)
1,201,440
12,000
6,990
Swap
Agreements
UltraShort
MSCI
Emerging
Markets
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(1,345,987)
11/6/2026
Citibank
NA
(3.73)%
iShares
®
MSCI
Emerging
Markets
ETF
c
(
1,161,065
)
(1,002,135)
11/6/2026
Goldman
Sachs
International
(3.28)%
iShares
®
MSCI
Emerging
Markets
ETF
c
(
825,719
)
(2,186,309)
11/6/2026
Societe
Generale
(3.38)%
iShares
®
MSCI
Emerging
Markets
ETF
c
(
1,696,413
)
(496,471)
12/16/2026
UBS
AG
(3.53)%
iShares
®
MSCI
Emerging
Markets
ETF
c
(
37,728
)
(5,030,902)
(
3,720,925
)
Total
Unrealized
Depreciation
(
3,720,925
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
MSCI
JAPAN
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
213
EWV
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
87
.3
%
Repurchase
Agreements
(a)
—
87
.3
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$4,504,472
(Cost
$4,504,021)
$
4,504,021
$
4,504,021
Total
Investments
—
87.3%
(Cost
$4,504,021)
4,504,021
Other
assets
less
liabilities
—
12.7%
655,529
Net
Assets
—
100.0%
$
5,159,550
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
MSCI
Japan
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(2,726,915)
11/6/2026
Bank
of
America
NA
(3.83)%
iShares
®
MSCI
Japan
ETF
c
(
1,268,554
)
(5,531,617)
11/6/2026
Societe
Generale
(3.23)%
iShares
®
MSCI
Japan
ETF
c
(
1,511,479
)
(2,051,049)
11/6/2026
UBS
AG
(3.63)%
iShares
®
MSCI
Japan
ETF
c
(
1,079,678
)
(10,309,581)
(
3,859,711
)
Total
Unrealized
Depreciation
(
3,859,711
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
In
order
to
facilitate
the
daily
valuation
of
these
swap
transactions
as
of
close
of
business
New
York
time,
one
or
more
financial
products
traded
on
a
U.S.
exchange
are
used
as
the
reference
entity
as
a
surrogate
for
the
respective
underlying
index
for
the
purposes
of
both
daily
valuation
calculation
as
well
as
final
settlement
of
the
swap.
ULTRASHORT
NASDAQ
BIOTECHNOLOGY
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
214
BIS
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
76
.7
%
Repurchase
Agreements
(a)
—
76
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,436,334
(Cost
$1,436,192)
$
1,436,192
$
1,436,192
Total
Investments
—
76.7%
(Cost
$1,436,192)
1,436,192
Other
assets
less
liabilities
—
23.3%
435,118
Net
Assets
—
100.0%
$
1,871,310
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
Nasdaq
Biotechnology
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(897,758)
3/15/2028
Bank
of
America
NA
(4.23)%
Nasdaq
Biotechnology
Index
®
29,098
(783,757)
3/15/2028
BNP
Paribas
(4.18)%
Nasdaq
Biotechnology
Index
®
19,850
(762,381)
3/15/2028
Citibank
NA
(3.23)%
Nasdaq
Biotechnology
Index
®
28,779
(527,254)
11/6/2026
Societe
Generale
(3.93)%
Nasdaq
Biotechnology
Index
®
(
263,094
)
(783,757)
11/15/2027
UBS
AG
(4.28)%
Nasdaq
Biotechnology
Index
®
(
274,803
)
(3,754,907)
(
460,170
)
Total
Unrealized
Appreciation
77,727
Total
Unrealized
Depreciation
(
537,897
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
QQQ
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
215
QID
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
63
.3
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$190,603,200)
1,905,000
$
190,728,600
Principal
Amount
Short-Term
Investments
—
57
.1
%
Repurchase
Agreements
(d)
—
12
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$37,244,871
(Cost
$37,241,155)
$
37,241,155
37,241,155
U.S.
Treasury
Obligations
(a)
—
44
.7
%
U.S.
Treasury
Bills
(e)
3.65%,
9/3/2026
40,000,000
39,992,011
3.66%,
9/22/2026
35,000,000
34,925,629
3.70%,
10/6/2026
10,000,000
9,964,148
3.78%,
11/3/2026
20,000,000
19,869,015
3.77%,
11/10/2026
5,000,000
4,963,828
3.85%,
11/17/2026
25,000,000
24,801,039
3.81%,
12/1/2026
500,000
495,294
Total
U.S.
Treasury
Obligations
(Cost
$135,007,316)
135,010,964
Total
Short-Term
Investments
(Cost
$172,248,471)
172,252,119
Total
Investments
—
120.4%
(Cost
$362,851,671)
362,980,719
Liabilities
in
excess
of
other
assets
—
(20.4%)
(
61,442,283
)
Net
Assets
—
100.0%
$
301,538,436
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$93,443,902.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
265,318,000
55,065,500
(129,593,410)
(21,390)
(40,100)
190,728,600
1,905,000
1,909,561
ULTRASHORT
QQQ
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
216
QID
::
Futures
Contracts
Sold
UltraShort
QQQ
®
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
Nasdaq-100
E-Mini
Index
57
9/18/2026
U.S.
Dollar
$
33,644,820
$
264,194
Swap
Agreements
UltraShort
QQQ
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(72,581,974)
1/6/2028
Bank
of
America
NA
(4.48)%
Nasdaq-100
Index
®
(
10,425,015
)
(65,158,818)
11/4/2027
Barclays
Bank
PLC
(4.43)%
Nasdaq-100
Index
®
(
4,648,722
)
(99,034,333)
1/6/2028
BNP
Paribas
(4.63)%
Nasdaq-100
Index
®
(
9,195,456
)
(49,929,564)
3/2/2028
Citibank
NA
(4.48)%
Nasdaq-100
Index
®
(
5,232,442
)
(52,197,751)
11/9/2027
Goldman
Sachs
International
(4.43)%
Nasdaq-100
Index
®
(
395,273
)
(52,845,804)
4/6/2027
J.P.
Morgan
Securities,
LLC
(4.38)%
Nasdaq-100
Index
®
(
32,450,234
)
(14,404,458)
1/12/2027
Morgan
Stanley
&
Co.
International
plc
(4.28)%
Nasdaq-100
Index
®
(
8,485,750
)
(48,309,431)
4/6/2028
Nomura
Global
Financial
Products
Inc.
(4.43)%
Nasdaq-100
Index
®
1,214,045
(57,882,946)
3/3/2028
Societe
Generale
(4.68)%
Nasdaq-100
Index
®
(
9,463,043
)
(57,109,377)
3/3/2028
UBS
AG
(4.28)%
Nasdaq-100
Index
®
(
14,047,822
)
(569,454,456)
(
93,129,712
)
Total
Unrealized
Appreciation
1,214,045
Total
Unrealized
Depreciation
(
94,343,757
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
QQQ
MEGA
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
217
QQDN
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
74
.2
%
Repurchase
Agreements
(a)
—
74
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$764,571
(Cost
$764,495)
$
764,495
$
764,495
Total
Investments
—
74.2%
(Cost
$764,495)
764,495
Other
assets
less
liabilities
—
25.8%
265,614
Net
Assets
—
100.0%
$
1,030,109
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
QQQ
Mega
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(682,636)
3/8/2027
Bank
of
America
NA
(4.53)%
Nasdaq-100
Mega
Index
(
77,406
)
(511,168)
3/6/2028
Barclays
Bank
PLC
(4.46)%
Nasdaq-100
Mega
Index
(
46,153
)
(867,044)
1/12/2027
Goldman
Sachs
International
(4.13)%
Nasdaq-100
Mega
Index
(
245,634
)
(2,060,848)
(
369,193
)
Total
Unrealized
Depreciation
(
369,193
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRASHORT
REAL
ESTATE
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
218
SRS
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
83
.0
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$12,004,800)
120,000
$
12,014,400
Principal
Amount
Short-Term
Investments
—
8
.1
%
Repurchase
Agreements
(d)
—
8
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,166,816
(Cost
$1,166,701)
$
1,166,701
1,166,701
Total
Investments
—
91.1%
(Cost
$13,171,501)
13,181,101
Other
assets
less
liabilities
—
8.9%
1,281,277
Net
Assets
—
100.0%
$
14,462,378
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$839,706.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
12,014,400
–
–
–
–
12,014,400
120,000
108,835
Swap
Agreements
UltraShort
Real
Estate
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(5,200,475)
3/8/2027
Bank
of
America
NA
(4.13)%
S&P
Real
Estate
Select
Sector
Index
c
(
470,489
)
(6,627,662)
3/15/2028
BNP
Paribas
(4.43)%
S&P
Real
Estate
Select
Sector
Index
c
(
261,181
)
(3,882,822)
4/15/2027
Citibank
NA
(4.08)%
S&P
Real
Estate
Select
Sector
Index
c
(
781,224
)
(5,638,394)
3/8/2027
Goldman
Sachs
International
(3.88)%
S&P
Real
Estate
Select
Sector
Index
c
(
411,596
)
(3,919,839)
3/8/2027
Societe
Generale
(3.93)%
S&P
Real
Estate
Select
Sector
Index
c
(
967,308
)
(3,560,499)
3/8/2027
UBS
AG
(4.28)%
S&P
Real
Estate
Select
Sector
Index
c
(
98,351
)
(28,829,691)
(
2,990,149
)
Total
Unrealized
Depreciation
(
2,990,149
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Real
Estate
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
RUSSELL2000
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
219
TWM
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
88
.8
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$41,525,350)
415,000
$
41,549,800
Principal
Amount
Short-Term
Investments
—
13
.0
%
Repurchase
Agreements
(d)
—
13
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$6,100,126
(Cost
$6,099,518)
$
6,099,518
6,099,518
Total
Investments
—
101.8%
(Cost
$47,624,868)
47,649,318
Liabilities
in
excess
of
other
assets
—
(1.8%)
(
830,831
)
Net
Assets
—
100.0%
$
46,818,487
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$6,061,565.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
38,045,600
10,011,000
(6,504,516)
(1,334)
(950)
41,549,800
415,000
350,016
Futures
Contracts
Sold
UltraShort
Russell2000
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Appreciation
A
Russell
2000
®
E-mini
Index
43
9/18/2026
U.S.
Dollar
$
6,361,205
$
2,802
Swap
Agreements
UltraShort
Russell2000
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(15,361,714)
11/4/2027
Bank
of
America
NA
(4.03)%
Russell
2000
®
Index
(
1,836,551
)
(10,161,319)
11/4/2027
Barclays
Bank
PLC
(4.33)%
Russell
2000
®
Index
(
2,164,240
)
(12,091,881)
1/12/2027
BNP
Paribas
(4.33)%
Russell
2000
®
Index
(
3,304,458
)
(10,906,344)
3/8/2027
Citibank
NA
(3.98)%
Russell
2000
®
Index
(
4,180,172
)
(8,931,435)
11/6/2026
Goldman
Sachs
International
(3.78)%
Russell
2000
®
Index
(
933,892
)
(9,247,776)
3/3/2028
Societe
Generale
(3.98)%
Russell
2000
®
Index
(
15,959
)
(20,576,463)
11/6/2026
UBS
AG
(3.93)%
Russell
2000
®
Index
(
7,092,562
)
(87,276,932)
(
19,527,834
)
Total
Unrealized
Depreciation
(
19,527,834
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRASHORT
S&P500
®
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
220
SDS
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
101
.8
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$388,742,500)
3,885,000
$
388,966,200
Principal
Amount
Short-Term
Investments
—
39
.4
%
Repurchase
Agreements
(d)
—
6
.0
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$22,908,983
(Cost
$22,906,699)
$
22,906,699
22,906,699
U.S.
Treasury
Obligations
(a)
—
33
.4
%
U.S.
Treasury
Bills
(e)
3.66%,
9/22/2026
15,000,000
14,968,127
3.72%,
10/1/2026
5,000,000
4,984,670
3.81%,
10/15/2026
30,000,000
29,863,971
3.78%,
11/3/2026
10,000,000
9,934,507
3.77%,
11/5/2026
25,000,000
24,831,294
3.77%,
11/10/2026
16,500,000
16,380,634
3.85%,
11/17/2026
20,000,000
19,840,831
3.79%,
11/24/2026
2,000,000
1,982,601
3.86%,
12/31/2026
5,000,000
4,935,909
Total
U.S.
Treasury
Obligations
(Cost
$127,717,238)
127,722,544
Total
Short-Term
Investments
(Cost
$150,623,937)
150,629,243
Total
Investments
—
141.2%
(Cost
$539,366,437)
539,595,443
Liabilities
in
excess
of
other
assets
—
(41.2%)
(
157,449,394
)
Net
Assets
—
100.0%
$
382,146,049
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$161,246,653.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
(e)
The
rate
shown
was
the
current
yield
as
of
August
31,
2026.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
400,480,000
70,079,000
(81,569,784)
(25,466)
2,450
388,966,200
3,885,000
3,371,492
Futures
Contracts
Sold
UltraShort
S&P500
®
had
the
following
open
short
futures
contracts
as
of
August
31,
2026:
Number
of
Contracts
A
Expiration
Date
A
Trading
Currency
A
Notional
Amount
A
Value
and
Unrealized
Depreciation
A
S&P
500
®
E-Mini
Index
155
9/18/2026
U.S.
Dollar
$
59,667,250
$
(
1,763,800
)
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
S&P500
®
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
221
SDS
::
Swap
Agreements
UltraShort
S&P500
®
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(55,171,113)
3/8/2027
Bank
of
America
NA
(4.33)%
S&P
500
®
(
29,805,801
)
(67,883,988)
3/3/2028
Barclays
Bank
PLC
(4.23)%
S&P
500
®
(
9,892,251
)
(97,029,831)
1/12/2027
BNP
Paribas
(4.43)%
S&P
500
®
(
26,431,870
)
(63,364,538)
3/2/2028
Citibank
NA
(4.21)%
S&P
500
®
(
16,506,585
)
(62,542,121)
1/6/2028
Goldman
Sachs
International
(4.43)%
S&P
500
®
(
8,268,133
)
(108,966,407)
4/6/2027
J.P.
Morgan
Securities,
LLC
(4.28)%
S&P
500
®
(
36,640,683
)
(28,154,331)
1/12/2027
Morgan
Stanley
&
Co.
International
plc
(4.28)%
S&P
500
®
(
19,277,200
)
(70,635,627)
1/6/2028
Societe
Generale
(4.33)%
S&P
500
®
(
3,527,391
)
(87,519,463)
4/6/2028
UBS
AG
(4.28)%
S&P
500
®
(
33,738,347
)
(63,226,188)
3/3/2028
Wells
Fargo
Bank,
N.A.
(3.73)%
S&P
500
®
(
2,853,627
)
(704,493,607)
(
186,941,888
)
Total
Unrealized
Depreciation
(
186,941,888
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
ULTRASHORT
SEMICONDUCTORS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
222
SSG
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
112
.5
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$42,533,250)
425,000
$
42,551,000
Principal
Amount
Short-Term
Investments
—
4
.5
%
Repurchase
Agreements
(d)
—
4
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,707,905
(Cost
$1,707,734)
$
1,707,734
1,707,734
Total
Investments
—
117.0%
(Cost
$44,240,984)
44,258,734
Liabilities
in
excess
of
other
assets
—
(17.0%)
(
6,416,836
)
Net
Assets
—
100.0%
$
37,841,898
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$8,360,120.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Loss
($)
Change
in
Unrealized
Appreciation
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
20,024,000
25,022,500
(2,501,573)
(677)
6,750
42,551,000
425,000
366,404
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
SEMICONDUCTORS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
223
SSG
::
Swap
Agreements
UltraShort
Semiconductors
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(6,975,884)
11/15/2027
Bank
of
America
NA
(4.33)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
2,535,344
)
(7,479,698)
11/15/2027
Barclays
Bank
PLC
(4.53)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
1,644,984
)
(6,820,864)
3/15/2028
BNP
Paribas
(4.43)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
4,394,623
)
(8,409,816)
4/15/2027
Citibank
NA
(4.54)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
2,677,628
)
(6,433,315)
3/15/2028
Goldman
Sachs
International
(4.48)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
1,546,526
)
(2,674,089)
3/8/2027
J.P.
Morgan
Securities,
LLC
(4.38)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
3,428,772
)
(11,975,267)
3/8/2027
Morgan
Stanley
&
Co.
International
plc
(4.28)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
3,681,070
)
(16,199,552)
11/15/2027
Societe
Generale
(4.18)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
2,507,802
)
(8,991,139)
11/15/2027
UBS
AG
(4.28)%
Dow
Jones
U.S.
Semiconductors
SM
Index
c
(
2,613,364
)
(75,959,624)
(
25,030,113
)
Total
Unrealized
Depreciation
(
25,030,113
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Semiconductors
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
SMALLCAP600
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
224
SDD
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
63
.8
%
Repurchase
Agreements
(a)
—
63
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$889,645
(Cost
$889,555)
$
889,555
$
889,555
Total
Investments
—
63.8%
(Cost
$889,555)
889,555
Other
assets
less
liabilities
—
36.2%
504,522
Net
Assets
—
100.0%
$
1,394,077
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
SmallCap600
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
(1,499,368)
11/4/2027
Bank
of
America
NA
(4.13)%
S&P
SmallCap
600
®
(
281,264
)
(463,505)
3/2/2028
Societe
Generale
(3.68)%
S&P
SmallCap
600
®
(
7,970
)
(825,179)
3/6/2028
UBS
AG
(3.93)%
S&P
SmallCap
600
®
(
29,886
)
(2,788,052)
(
319,120
)
Total
Unrealized
Depreciation
(
319,120
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
AUGUST
31,
2026
(Unaudited)
::
ULTRASHORT
TECHNOLOGY
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
225
REW
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
91
.3
%
Repurchase
Agreements
(a)
—
91
.3
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$3,183,856
(Cost
$3,183,539)
$
3,183,539
$
3,183,539
Total
Investments
—
91.3%
(Cost
$3,183,539)
3,183,539
Other
assets
less
liabilities
—
8.7%
301,577
Net
Assets
—
100.0%
$
3,485,116
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
Technology
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(776,939)
3/15/2028
Bank
of
America
NA
(4.36)%
S&P
Technology
Select
Sector
Index
c
15,764
(469,166)
3/15/2028
Barclays
Bank
PLC
(4.48)%
S&P
Technology
Select
Sector
Index
c
(
259,373
)
(439,140)
3/15/2028
BNP
Paribas
(4.43)%
S&P
Technology
Select
Sector
Index
c
(
323,118
)
(836,993)
2/15/2028
Citibank
NA
(4.08)%
S&P
Technology
Select
Sector
Index
c
(
16,464
)
(957,099)
2/15/2028
Goldman
Sachs
International
(3.88)%
S&P
Technology
Select
Sector
Index
c
(
3,872
)
(2,139,398)
3/15/2028
J.P.
Morgan
Securities,
LLC
(4.38)%
S&P
Technology
Select
Sector
Index
c
(
220,856
)
(795,706)
11/15/2027
Societe
Generale
(4.03)%
S&P
Technology
Select
Sector
Index
c
(
205,484
)
(559,246)
3/15/2028
UBS
AG
(4.28)%
S&P
Technology
Select
Sector
Index
c
(
383,211
)
(6,973,687)
(
1,396,614
)
Total
Unrealized
Appreciation
15,764
Total
Unrealized
Depreciation
(
1,412,378
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Technology
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
ULTRASHORT
UTILITIES
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
226
SDP
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
70
.4
%
Repurchase
Agreements
(a)
—
70
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$3,216,792
(Cost
$3,216,471)
$
3,216,471
$
3,216,471
Total
Investments
—
70.4%
(Cost
$3,216,471)
3,216,471
Other
assets
less
liabilities
—
29.6%
1,352,972
Net
Assets
—
100.0%
$
4,569,443
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
UltraShort
Utilities
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(2,685,126)
3/8/2027
Bank
of
America
NA
(4.28)%
S&P
Utilities
Select
Sector
Index
c
(
234,007
)
(1,787,247)
4/15/2027
Goldman
Sachs
International
(3.88)%
S&P
Utilities
Select
Sector
Index
c
(
203,696
)
(2,513,210)
3/15/2028
Societe
Generale
(3.98)%
S&P
Utilities
Select
Sector
Index
c
248,206
(2,145,547)
3/8/2027
UBS
AG
(4.28)%
S&P
Utilities
Select
Sector
Index
c
31,526
(9,131,130)
(
157,971
)
Total
Unrealized
Appreciation
279,732
Total
Unrealized
Depreciation
(
437,703
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
August
31,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).
c
See
the
Common
Stocks
section
of
the
Schedule
of
Portfolio
Investments
of
ProShares
Ultra
Utilities
for
the
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
NOTES
TO
SCHEDULES
OF
PORTFOLIO
INVESTMENTS
::
AUGUST
31,
2026
(Unaudited)
::
227
PROSHARES
TRUST
Repurchase
Agreements 
Each
of
the
Funds
may
enter
into
repurchase
agreements.
Repurchase
agreements
are
primarily
used
by
the
Funds
as
short-term
investments
for
cash
positions.
Under
a
repurchase
agreement,
a
Fund
purchases
one
or
more
debt
securities
and
simultaneously
agrees
to
sell
those
securities
back
to
the
seller
at
a
mutually
agreed-upon
future
price
and
date,
normally
one
day
or
a
few
days
later.
The
resale
price
is
greater
than
the
purchase
price,
reflecting
an
agreed-upon
market
interest
rate
during
the
purchaser’s
holding
period.
While
the
maturities
of
the
underlying
securities
in
repurchase
transactions
may
be
more
than
one
year,
the
term
of
each
repurchase
agreement
will
always
be
less
than
one
year.
The
Funds
follow
certain
procedures
designed
to
minimize
the
risks
inherent
in
such
agreements.
These
procedures
include
effecting
repurchase
transactions
generally
with
major
global
financial
institutions
whose
creditworthiness
is
monitored
by
the
Advisor.
In
addition,
the
value
of
the
collateral
underlying
the
repurchase
agreement
is
required
to
be
at
least
equal
to
the
repurchase
price,
including
any
accrued
interest
income
earned
on
the
repurchase
agreement.
The
Funds
may
invest
in
repurchase
agreements
through
joint
account
arrangements;
in
such
cases,
each
Fund
holds
a
pro
rata
share
of
the
collateral
and
interest
income
based
upon
the
dollar
amount
of
the
repurchase
agreements
entered
into
by
each
Fund.
The
collateral
underlying
the
repurchase
agreement
is
held
by
the
Fund’s
custodian.
A
repurchase
agreement
is
subject
to
the
risk
that
the
counterparty
to
the
repurchase
agreement
that
sells
the
securities
may
default
on
its
obligation
to
repurchase
them.
In
this
circumstance,
a
Fund
may
lose
money
because
it
may
not
be
able
to
sell
the
securities
at
the
agreed
upon
time
and
price,
the
securities
may
lose
value
before
they
can
be
sold,
the
selling
institution
may
declare
bankruptcy
or
the
Fund
may
have
difficulty
exercising
rights
to
the
collateral.
During
periods
of
high
demand
for
repurchase
agreements,
the
Funds
may
be
unable
to
invest
available
cash
in
these
instruments
to
the
extent
desired
by
the
Advisor. Repurchase
agreements
usually
are
for
short
periods,
such
as
one
week
or
less,
but
may
be
longer.
It
is
the
current
policy
of
each
Fund
not
to
invest
in
repurchase
agreements
that
do
not
mature
within
seven
days
if
any
such
investment,
together
with
any
other
illiquid
assets
held
by
the
Fund,
amounts
to
more
than
15%
of
the
Fund’s
total
net
assets.
The
investments
of
each
Fund
in
repurchase
agreements
at
times
may
be
substantial
when,
in
the
view
of
the
Advisor,
liquidity,
investment,
regulatory,
or
other
considerations
so
warrant.
On
August
31,
2026,
the
Funds
had
an
undivided interest
in
joint
repurchase
agreements
with
the
following
counterparties,
for
the
time
periods
and
rates
indicated.
Amounts
shown
in
the
table
below
represent
Principal
Amount,
Cost
and
Value
for
each
respective
repurchase
agreement. 
Fund
Name
Bank
of
America
Securities,
Inc.,
3.66%,
dated
8/31/2026
due
9/1/2026
(a)
Barclays
Capital,
Inc.,
3.55%,
dated
8/31/2026
due
9/1/2026
(b)
BNP
Paribas
Securities
Corp.,
3.00%,
dated
8/31/2026
due
9/1/2026
(c)
BNP
Paribas
Securities
Corp.,
3.66%,
dated
8/31/2026
due
9/1/2026
(d)
CF
Secured
LLC,
3.65%,
dated
8/31/2026
due
9/1/2026
(e)
Total
Short
7-10
Year
Treasury
...................................
$
2,716,704
$
543,341
$
869,345
$
1,630,022
$
4,085,752
$
9,845,164
Short
20+
Year
Treasury
....................................
3,655,210
731,042
1,169,667
2,193,126
5,497,206
13,246,251
Short
Dow30
SM
.........................................
3,037,445
607,489
971,981
1,822,466
4,568,126
11,007,507
Short
Financials
........................................
484,918
96,984
155,173
290,951
729,286
1,757,312
Short
FTSE
China
50
......................................
931,467
186,293
298,069
558,880
1,400,869
3,375,578
Short
High
Yield
........................................
532,014
106,403
170,244
319,208
800,115
1,927,984
Short
MidCap400
.......................................
755,528
151,106
241,768
453,317
1,136,266
2,737,985
Short
MSCI
EAFE
.......................................
227,107
45,421
72,674
136,264
341,555
823,021
Short
MSCI
Emerging
Markets
................................
1,495,709
299,142
478,628
897,425
2,249,451
5,420,355
Short
QQQ
®
...........................................
28,286,228
5,657,246
9,051,592
16,971,737
42,540,706
102,507,509
Short
Real
Estate
........................................
815,318
163,063
260,902
489,191
1,226,187
2,954,661
Short
Russell2000
.......................................
4,416,540
883,308
1,413,294
2,649,925
6,642,198
16,005,265
Short
S&P500
®
.........................................
11,757,248
2,351,450
3,762,319
7,054,349
17,682,161
42,607,527
Short
SmallCap600
......................................
870,788
174,158
278,652
522,473
1,309,610
3,155,681
Ultra
7-10
Year
Treasury
....................................
368,932
73,785
118,058
221,359
554,850
1,336,984
Ultra
20+
Year
Treasury
....................................
3,022,539
604,508
967,213
1,813,523
4,545,708
10,953,491
Ultra
Communication
Services
................................
414,998
83,000
132,800
248,999
624,130
1,503,927
Ultra
Consumer
Discretionary
.................................
552,553
110,511
176,817
331,532
831,006
2,002,419
Ultra
Consumer
Staples
....................................
924,539
184,908
295,853
554,723
1,390,448
3,350,471
Ultra
Dow30
SM
.........................................
5,074,912
1,014,982
1,623,971
3,044,946
7,632,348
18,391,159
Ultra
Energy
...........................................
1,522,314
304,463
487,140
913,388
2,289,464
5,516,769
Ultra
Financials
.........................................
8,428,255
1,685,651
2,697,040
5,056,953
12,675,564
30,543,463
Ultra
FTSE
China
50
......................................
50,597
10,119
16,191
30,358
76,094
183,359
Ultra
FTSE
Europe
.......................................
466,048
93,210
149,135
279,629
700,906
1,688,928
Ultra
Health
Care
........................................
3,022,189
604,438
967,101
1,813,313
4,545,181
10,952,222
Ultra
High
Yield
.........................................
3,908,903
781,781
1,250,849
2,345,342
5,878,742
14,165,617
Ultra
Industrials
.........................................
843,863
168,773
270,036
506,318
1,269,118
3,058,108
Ultra
Materials
.........................................
1,643,345
328,669
525,869
986,007
2,471,487
5,955,377
Ultra
MidCap400
........................................
872,915
174,583
279,333
523,749
1,312,810
3,163,390
Ultra
MSCI
Brazil
Capped
...................................
341,893
68,378
109,406
205,136
514,186
1,238,999
228
::
AUGUST
31,
2026
(Unaudited)
::
NOTES
TO
SCHEDULES
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
Fund
Name
Bank
of
America
Securities,
Inc.,
3.66%,
dated
8/31/2026
due
9/1/2026
(a)
Barclays
Capital,
Inc.,
3.55%,
dated
8/31/2026
due
9/1/2026
(b)
BNP
Paribas
Securities
Corp.,
3.00%,
dated
8/31/2026
due
9/1/2026
(c)
BNP
Paribas
Securities
Corp.,
3.66%,
dated
8/31/2026
due
9/1/2026
(d)
CF
Secured
LLC,
3.65%,
dated
8/31/2026
due
9/1/2026
(e)
Total
Ultra
MSCI
EAFE
........................................
$
1,275,473
$
255,095
$
408,151
$
765,284
$
1,918,230
$
4,622,233
Ultra
MSCI
Emerging
Markets
.................................
1,873,618
374,724
599,559
1,124,171
2,817,804
6,789,876
Ultra
MSCI
Japan
.......................................
409,753
81,950
131,121
245,852
616,244
1,484,920
Ultra
Nasdaq
Biotechnology
.................................
6,212,617
1,242,523
1,988,038
3,727,570
9,343,385
22,514,133
Ultra
Nasdaq
Cloud
Computing
................................
115,485
23,097
36,955
69,291
173,683
418,511
Ultra
Nasdaq
Cybersecurity
..................................
1,248,628
249,726
399,562
749,177
1,877,859
4,524,952
Ultra
QQQ
®
...........................................
62,488,565
12,497,713
19,996,342
37,493,139
93,978,871
226,454,630
Ultra
QQQ
Mega
........................................
2,010,016
402,003
643,205
1,206,010
3,022,938
7,284,172
Ultra
QQQ
Top
30
.......................................
563,455
112,691
180,306
338,073
847,401
2,041,926
Ultra
Real
Estate
........................................
1,066,168
213,234
341,173
639,700
1,603,449
3,863,724
Ultra
Russell2000
........................................
3,257,291
651,458
1,042,333
1,954,375
4,898,761
11,804,218
Ultra
S&P500
®
.........................................
11,121,535
2,224,307
3,558,892
6,672,921
16,726,089
40,303,744
Ultra
S&P
500
Equal
Weight
..................................
7,061,005
1,412,201
2,259,522
4,236,603
10,619,308
25,588,639
Ultra
Semiconductors
.....................................
4,678,872
935,774
1,497,240
2,807,323
7,036,730
16,955,939
Ultra
SmallCap600
.......................................
667,362
133,472
213,556
400,417
1,003,671
2,418,478
Ultra
Technology
........................................
1,657,013
331,403
530,245
994,208
2,492,044
6,004,913
Ultra
Utilities
..........................................
693,726
138,745
221,992
416,236
1,043,320
2,514,019
UltraPro
Dow30
SM
.......................................
10,911,371
2,182,273
3,491,639
6,546,823
16,410,015
39,542,121
UltraPro
MidCap400
......................................
455,184
91,037
145,660
273,110
684,568
1,649,559
UltraPro
QQQ
®
.........................................
68,502,420
13,700,484
21,920,774
41,101,452
103,023,329
248,248,459
UltraPro
Russell2000
......................................
2,185,380
437,076
699,322
1,311,229
3,286,674
7,919,681
UltraPro
S&P500
®
.......................................
2,469,708
493,942
790,306
1,481,825
3,714,285
8,950,066
UltraPro
Short
20+
Year
Treasury
...............................
103,102
20,620
32,992
61,861
155,058
373,633
UltraPro
Short
Dow30
SM
....................................
3,709,333
741,867
1,186,987
2,225,600
5,578,602
13,442,389
UltraPro
Short
MidCap400
..................................
304,150
60,830
97,329
182,490
457,422
1,102,221
UltraPro
Short
QQQ
®
......................................
51,003,373
10,200,674
16,321,079
30,602,024
76,705,865
184,833,015
UltraPro
Short
Russell2000
..................................
2,375,487
475,097
760,156
1,425,292
3,572,582
8,608,614
UltraPro
Short
S&P500
®
....................................
4,293,546
858,709
1,373,935
2,576,128
6,457,223
15,559,541
UltraShort
7-10
Year
Treasury
.................................
363,911
72,782
116,451
218,347
547,299
1,318,790
UltraShort
20+
Year
Treasury
.................................
2,476,852
495,370
792,593
1,486,111
3,725,030
8,975,956
UltraShort
Consumer
Discretionary
..............................
1,495,307
299,061
478,499
897,184
2,248,847
5,418,898
UltraShort
Consumer
Staples
.................................
1,147,250
229,450
367,120
688,350
1,725,392
4,157,562
UltraShort
Dow30
SM
......................................
2,329,614
465,923
745,476
1,397,768
3,503,593
8,442,374
UltraShort
Energy
.......................................
4,509,349
901,870
1,442,992
2,705,609
6,781,776
16,341,596
UltraShort
Financials
......................................
268,447
53,689
85,903
161,068
403,728
972,835
UltraShort
FTSE
China
50
...................................
925,768
185,154
296,245
555,461
1,392,296
3,354,924
UltraShort
FTSE
Europe
....................................
225,705
45,141
72,226
135,423
339,447
817,942
UltraShort
Health
Care
.....................................
738,907
147,781
236,450
443,344
1,111,271
2,677,753
UltraShort
Industrials
.....................................
1,595,104
319,021
510,433
957,062
2,398,936
5,780,556
UltraShort
Materials
......................................
1,044,575
208,915
334,263
626,745
1,570,973
3,785,471
UltraShort
MidCap400
.....................................
1,109,037
221,807
354,893
665,422
1,667,921
4,019,080
UltraShort
MSCI
Brazil
Capped
................................
486,872
97,374
155,799
292,123
732,225
1,764,393
UltraShort
MSCI
EAFE
.....................................
290,410
58,082
92,932
174,247
436,758
1,052,429
UltraShort
MSCI
Emerging
Markets
.............................
309,631
61,926
99,082
185,779
465,665
1,122,083
UltraShort
MSCI
Japan
....................................
1,242,853
248,571
397,712
745,712
1,869,173
4,504,021
UltraShort
Nasdaq
Biotechnology
..............................
396,307
79,261
126,818
237,784
596,022
1,436,192
UltraShort
QQQ
®
........................................
10,276,435
2,055,287
3,288,460
6,165,861
15,455,112
37,241,155
UltraShort
QQQ
Mega
.....................................
210,957
42,191
67,506
126,574
317,267
764,495
UltraShort
Real
Estate
.....................................
321,943
64,389
103,022
193,166
484,181
1,166,701
UltraShort
Russell2000
....................................
1,683,120
336,624
538,597
1,009,872
2,531,305
6,099,518
UltraShort
S&P500
®
......................................
6,320,943
1,264,189
2,022,701
3,792,566
9,506,300
22,906,699
UltraShort
Semiconductors
..................................
471,237
94,247
150,796
282,742
708,712
1,707,734
UltraShort
SmallCap600
....................................
245,467
49,093
78,549
147,280
369,166
889,555
UltraShort
Technology
.....................................
878,475
175,695
281,112
527,085
1,321,172
3,183,539
UltraShort
Utilities
.......................................
887,563
177,513
284,019
532,538
1,334,838
3,216,471
$
386,406,694
$
77,281,336
$
123,650,140
$
231,844,016
$
581,131,345
$
1,400,313,531
Each
Repurchase
Agreement
was
fully
collateralized
by
U.S.
government
and/or
agency
securities
at
August
31,
2026
as
follows:
(a)
U.S.
Treasury
Bonds,
0%
to
2.38%,
due
2/15/2039
to
2/15/2056;
U.S.
Treasury
Notes,
1.13%
to
4.13%,
due
10/15/2030
to
11/30/2031,
which
had
an
aggregate
value
at
the
Trust
level
of
$510,000,002.
NOTES
TO
SCHEDULES
OF
PORTFOLIO
INVESTMENTS
::
AUGUST
31,
2026
(Unaudited)
::
229
PROSHARES
TRUST
(b)
U.S.
Treasury
Notes,
3.88%,
due
8/15/2033,
which
had
an
aggregate
value
at
the
Trust
level
of
$102,000,042.
(c)
U.S.
Treasury
Bonds,
0%,
due
2/15/2027;
U.S.
Treasury
Notes,
1.63%
to
4.38%,
due
10/15/2027
to
8/31/2031,
which
had
an
aggregate
value
at
the
Trust
level
of
$163,200,021.
(d)
U.S.
Treasury
Bonds,
0%
to
3.38%,
due
1/15/2028
to
8/15/2054;
U.S.
Treasury
Notes,
0.13%
to
4.63%,
due
7/31/2027
to
1/15/2035,
which
had
an
aggregate
value
at
the
Trust
level
of
$306,000,052.
(e)
U.S.
Treasury
Bills,
0%,
due
9/1/2026
to
8/5/2027;
U.S.
Treasury
Bonds,
0%
to
6.25%,
due
9/30/2026
to
8/15/2056;
U.S.
Treasury
Notes,
0.13%
to
4.88%,
due
9/30/2026
to
7/15/2036,
which
had
an
aggregate
value
at
the
Trust
level
of
$767,085,905.