AUGUST
31,
2026
(Unaudited)
::
BIG
DATA
REFINERS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
1
DAT
::
Investments
Shares
Value
Common
Stocks
—
99
.8
%
Electronic
Equipment,
Instruments
&
Components
—
9.0%
Vusion(a)
1,174
$
175,230
Zebra
Technologies
Corp.,
Class
a
A*
831
293,800
469,030
Hotels,
Restaurants
&
Leisure
—
3.9%
Genius
Sports
Ltd.*
27,444
203,635
IT
Services
—
10.0%
MongoDB,
Inc.,
Class
a
A*
549
248,900
Snowflake,
Inc.,
Class
a
A*
809
268,127
517,027
Professional
Services
—
2.1%
Innodata,
Inc.*
1,892
106,747
Software
—
74.8%
AvePoint,
Inc.*
16,943
235,847
Braze,
Inc.,
Class
a
A*
8,419
286,583
Cellebrite
DI
Ltd.*
13,967
167,604
Cognyte
Software
Ltd.*
7,091
62,826
Commvault
Systems,
Inc.*
1,625
223,470
Datadog,
Inc.,
Class
a
A*
824
195,321
Dynatrace,
Inc.*
4,571
249,531
Elastic
NV*
3,121
304,453
Enghouse
Systems
Ltd.
4,995
62,530
Investments
Shares
Value
Common
Stocks
(continued)
Five9,
Inc.*
8,200
$
283,392
InterDigital,
Inc.
740
247,922
Nice
Ltd.*
2,098
229,310
Nutanix,
Inc.,
Class
a
A*
3,595
246,509
PagerDuty,
Inc.*
8,498
120,162
Palantir
Technologies,
Inc.,
Class
a
A*
1,423
265,219
Red
Violet,
Inc.*
1,340
98,034
Strategy,
Inc.,
Class
a
A*
1,601
212,837
Teradata
Corp.*
5,723
165,967
Tyler
Technologies,
Inc.*
618
230,032
3,887,549
Total
Common
Stocks
(Cost
$4,962,093)
5,183,988
Total
Investments
—
99.8%
(Cost
$4,962,093)
5,183,988
Other
assets
less
liabilities
—
0.2%
11,536
Net
Assets
—
100.0%
$
5,195,524
*
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
$160,155,
collateralized
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
5.00%,
and
maturity
dates
ranging
from
September
17,
2026
–
August
15,
2055.
The
total
value
of
collateral
is
$173,234.
Big
Data
Refiners
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
82
.4
%
Israel
8
.9
%
United
Kingdom
3
.9
%
France
3
.4
%
Canada
1
.2
%
Other
a
0
.2
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
DECLINE
OF
THE
RETAIL
STORE
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
2
EMTY
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
80
.7
%
Repurchase
Agreements
(a)
—
80
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$2,454,234
(Cost
$2,453,988)
$
2,453,988
$
2,453,988
Total
Investments
—
80.7%
(Cost
$2,453,988)
2,453,988
Other
assets
less
liabilities
—
19.3%
586,072
Net
Assets
—
100.0%
$
3,040,060
(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
Decline
of
the
Retail
Store
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(1,720,424)
3/8/2027
BNP
Paribas
(4.28)%
Solactive-ProShares
Bricks
and
Mortar
Retail
Store
Index
(
149,762
)
(202,931)
11/6/2026
Goldman
Sachs
International
(3.38)%
Solactive-ProShares
Bricks
and
Mortar
Retail
Store
Index
(
654
)
(474,104)
11/6/2026
Societe
Generale
(3.38)%
Solactive-ProShares
Bricks
and
Mortar
Retail
Store
Index
2,330
(641,119)
11/15/2027
UBS
AG
(4.28)%
Solactive-ProShares
Bricks
and
Mortar
Retail
Store
Index
57,242
(3,038,578)
(
90,844
)
Total
Unrealized
Appreciation
59,572
Total
Unrealized
Depreciation
(
150,416
)
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)
::
DJ
BROOKFIELD
GLOBAL
INFRASTRUCTURE
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
3
TOLZ
::
Investments
Shares
Value
Common
Stocks
—
90
.0
%
Construction
&
Engineering
—
5.9%
Ferrovial
NV
52,542
$
3,075,920
Vinci
SA
54,287
7,134,907
10,210,827
Diversified
Telecommunication
Services
—
1.7%
Cellnex
Telecom
SA(a)
61,208
1,882,626
China
Tower
Corp.
Ltd.,
Class
a
H(a)
503,003
585,242
Helios
Towers
plc
91,992
252,290
Infrastrutture
Wireless
Italiane
SpA(a)
35,184
252,768
RAI
Way
SpA(a)
10,452
55,179
3,028,105
Electric
Utilities
—
10.3%
Edison
International
32,399
1,748,898
Elia
Group
SA/NV
5,518
822,330
Eversource
Energy
31,473
2,207,516
Exelon
Corp.
86,153
3,766,609
Fortis,
Inc.
55,239
3,052,603
Hydro
One
Ltd.(a)
34,284
1,319,957
PG&E
Corp.
185,426
2,460,603
Redeia
Corp.
SA
44,240
785,193
Terna
-
Rete
Elettrica
Nazionale
152,109
1,721,592
17,885,301
Energy
Equipment
&
Services
—
0.1%
WaterBridge
Infrastructure
LLC,
Class
a
A
3,250
103,350
Gas
Utilities
—
7.9%
APA
Group
131,385
1,025,299
Atmos
Energy
Corp.
13,970
2,320,836
Beijing
Enterprises
Holdings
Ltd.
45,657
188,139
Brookfield
Infrastructure
Corp.,
Class
a
A
11,837
452,410
Chesapeake
Utilities
Corp.
2,020
269,751
China
Gas
Holdings
Ltd.(b)
274,198
198,168
China
Resources
Gas
Group
Ltd.
88,687
193,136
Enagas
SA
22,892
448,045
ENN
Energy
Holdings
Ltd.
69,853
442,549
Hong
Kong
&
China
Gas
Co.
Ltd.
1,027,722
945,324
Italgas
SpA
60,170
614,058
Kunlun
Energy
Co.
Ltd.
361,785
356,779
Naturgy
Energy
Group
SA
46,505
1,591,367
New
Jersey
Resources
Corp.
8,503
453,550
Northwest
Natural
Holding
Co.
3,548
174,100
ONE
Gas,
Inc.
5,289
419,259
Snam
SpA
196,309
1,321,620
Southwest
Gas
Holdings,
Inc.
5,441
480,604
Spire,
Inc.
4,980
407,563
Toho
Gas
Co.
Ltd.
31,731
246,598
Tokyo
Gas
Co.
Ltd.
27,507
1,065,154
Towngas
Smart
Energy
Co.
Ltd.
117,307
46,169
13,660,478
Investments
Shares
Value
Common
Stocks
(continued)
Media
—
0.2%
Eutelsat
Communications
SACA(b)
59,019
$
126,173
SES
SA,
Class
a
A,
ADR
35,281
200,559
326,732
Multi-Utilities
—
14.9%
ACEA
SpA
4,660
113,453
CenterPoint
Energy,
Inc.
54,728
2,167,229
Consolidated
Edison,
Inc.
31,030
3,320,831
E.ON
SE
240,721
4,977,049
National
Grid
plc
539,826
8,558,131
NiSource,
Inc.
40,099
1,640,851
Northwestern
Energy
Group,
Inc.
5,201
359,701
REN
-
Redes
Energeticas
Nacionais
SGPS
SA
37,706
153,510
Sempra
55,040
4,496,768
Unitil
Corp.
1,521
81,434
25,868,957
Oil,
Gas
&
Consumable
Fuels
—
30.5%
Antero
Midstream
Corp.
28,056
629,016
Cheniere
Energy,
Inc.
17,644
5,146,578
DT
Midstream,
Inc.
8,530
1,117,601
Enbridge,
Inc.
209,853
10,632,330
Friedrich
Vorwerk
Group
SE
627
56,734
Gibson
Energy,
Inc.
16,601
373,596
Hess
Midstream
LP,
Class
a
A
10,838
435,796
Keyera
Corp.
26,946
1,168,674
Kinder
Morgan,
Inc.
164,849
5,314,732
Koninklijke
Vopak
NV
5,325
296,768
ONEOK,
Inc.
53,048
5,093,138
Pembina
Pipeline
Corp.(b)
55,870
2,723,458
South
Bow
Corp.
20,098
760,155
Targa
Resources
Corp.
18,073
5,307,136
TC
Energy
Corp.
100,118
6,268,798
Williams
Cos.,
Inc.
(The)
102,976
7,728,349
53,052,859
Specialized
REITs
—
6.5%
American
Tower
Corp.,
REIT
39,228
6,892,359
Crown
Castle,
Inc.,
REIT
36,749
2,798,069
SBA
Communications
Corp.,
Class
a
A,
REIT
8,873
1,682,853
11,373,281
Transportation
Infrastructure
—
7.1%
Aena
SME
SA(a)
79,374
2,435,841
Aeroports
de
Paris
SA
4,268
535,410
Anhui
Expressway
Co.
Ltd.,
Class
a
H(b)
41,473
83,439
Atlas
Arteria
Ltd.
55,061
181,106
Auckland
International
Airport
Ltd.
183,246
959,495
Beijing
Capital
International
Airport
Co.
Ltd.,
Class
a
H*
194,034
38,369
China
Merchants
Port
Holdings
Co.
Ltd.
129,078
264,794
DJ
BROOKFIELD
GLOBAL
INFRASTRUCTURE
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
4
TOLZ
::
Investments
Shares
Value
Common
Stocks
(continued)
Corp.
America
Airports
SA
3,379
$
79,305
COSCO
SHIPPING
Ports
Ltd.
155,176
110,070
Flughafen
Zurich
AG
(Registered)
2,068
534,173
Fraport
AG
Frankfurt
Airport
Services
Worldwide
3,561
262,033
Getlink
SE
34,193
748,663
Grupo
Aeroportuario
del
Centro
Norte
SAB
de
CV,
ADR(b)
3,661
363,537
Grupo
Aeroportuario
del
Pacifico
SAB
de
CV,
ADR*
4,395
905,546
Grupo
Aeroportuario
del
Sureste
SAB
de
CV,
ADR
1,875
480,956
Hutchison
Port
Holdings
Trust,
Class
a
U
549,284
112,603
Japan
Airport
Terminal
Co.
Ltd.
10,126
374,615
Jiangsu
Expressway
Co.
Ltd.,
Class
a
H
134,185
165,796
Shenzhen
Expressway
Corp.
Ltd.,
Class
a
H
62,511
53,312
Transurban
Group
338,527
3,469,015
Westshore
Terminals
Investment
Corp.
3,484
103,694
12,261,772
Water
Utilities
—
4.9%
American
States
Water
Co.
3,309
295,461
American
Water
Works
Co.,
Inc.
16,344
2,259,231
Beijing
Enterprises
Water
Group
Ltd.(b)
452,325
96,369
California
Water
Service
Group
5,048
252,249
China
Water
Affairs
Group
Ltd.
78,957
44,926
Cia
de
Saneamento
Basico
do
Estado
de
Sao
Paulo
SABESP,
ADR(b)
254,554
1,237,132
Consolidated
Water
Co.
Ltd.
1,276
37,986
Essential
Utilities,
Inc.
23,735
977,170
H2O
America(b)
3,322
210,515
Pennon
Group
plc
51,317
333,070
Severn
Trent
plc
28,551
1,217,081
United
Utilities
Group
plc
80,074
1,552,639
8,513,829
Total
Common
Stocks
(Cost
$152,269,273)
156,285,491
Master
Limited
Partnerships
—
9
.2
%
Multi-Utilities
—
0.5%
Brookfield
Infrastructure
Partners
LP
21,606
816,707
Oil,
Gas
&
Consumable
Fuels
—
8.7%
Cheniere
Energy
Partners
LP
3,266
229,567
Energy
Transfer
LP
266,564
5,733,792
Enterprise
Products
Partners
LP
122,052
4,738,059
Genesis
Energy
LP
9,386
153,179
MPLX
LP
31,416
1,858,885
Plains
All
American
Pipeline
LP
38,948
999,016
Plains
GP
Holdings
LP
Class
A
16,698
471,217
Investments
Shares
Value
Master
Limited
Partnerships
(continued)
Western
Midstream
Partners
LP
19,096
$
918,518
15,102,233
Total
Master
Limited
Partnerships
(Cost
$12,111,573)
15,918,940
Closed
End
Funds
—
0
.4
%
Capital
Markets
—
0.4%
3i
Infrastructure
plc
71,192
381,520
Hicl
Infrastructure
plc
203,954
379,715
Total
Closed
End
Funds
(Cost
$731,041)
761,235
Securities
Lending
Reinvestments
(c)
—
0
.9
%
Investment
Companies
—
0
.9
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$1,573,219)
1,573,219
1,573,219
Principal
Amount
Short-Term
Investments
—
0
.2
%
Repurchase
Agreements
(e)
—
0
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$353,037
(Cost
$353,002)
$
353,002
353,002
Total
Investments
—
100.7%
(Cost
$167,038,108)
174,891,887
Liabilities
in
excess
of
other
assets
—
(0.7%)
(
1,155,988
)
Net
Assets
—
100.0%
$
173,735,899
*
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)
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
$2,012,241,
collateralized
in
the
form
of
cash
with
a
value
of
$1,573,219
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$566,141
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
–
May
15,
2056.
The
total
value
of
collateral
is
$2,139,360.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$1,573,219.
(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)
::
DJ
BROOKFIELD
GLOBAL
INFRASTRUCTURE
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
5
TOLZ
::
Abbreviations
ADR
American
Depositary
Receipt
REIT
Real
Estate
Investment
Trust
DJ
Brookfield
Global
Infrastructure
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
50
.8
%
Canada
15
.9
%
United
Kingdom
7
.3
%
Spain
5
.9
%
France
4
.9
%
Germany
3
.0
%
Australia
2
.7
%
Italy
2
.3
%
China
1
.3
%
Mexico
1
.0
%
Japan
1
.0
%
Hong
Kong
0
.9
%
Brazil
0
.7
%
New
Zealand
0
.6
%
Belgium
0
.5
%
Switzerland
0
.3
%
Netherlands
0
.2
%
Luxembourg
0
.1
%
Portugal
0
.1
%
Singapore
0
.1
%
Other
a
0
.4
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
EQUITIES
FOR
RISING
RATES
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
6
EQRR
::
Investments
Shares
Value
Common
Stocks
—
99
.8
%
Banks
—
3.8%
First
Citizens
BancShares,
Inc.,
Class
a
A
291
$
629,840
JPMorgan
Chase
&
Co.
1,838
654,365
1,284,205
Broadline
Retail
—
1.0%
Amazon.com,
Inc.*
1,299
337,441
Capital
Markets
—
10.9%
Ameriprise
Financial,
Inc.
1,335
738,402
Ares
Management
Corp.,
Class
a
A
5,540
793,162
Interactive
Brokers
Group,
Inc.,
Class
a
A
6,732
654,956
LPL
Financial
Holdings,
Inc.
2,250
832,804
Raymond
James
Financial,
Inc.
4,032
718,381
3,737,705
Communications
Equipment
—
5.6%
Arista
Networks,
Inc.*
2,878
563,196
Ciena
Corp.*
946
362,129
Cisco
Systems,
Inc.
3,987
440,524
Motorola
Solutions,
Inc.
1,125
545,962
1,911,811
Diversified
Telecommunication
Services
—
5.5%
AST
SpaceMobile,
Inc.,
Class
a
A(a)
6,348
375,167
AT&T,
Inc.
19,960
516,764
Comcast
Corp.,
Class
a
A
19,574
521,060
Verizon
Communications,
Inc.
9,747
487,545
1,900,536
Electrical
Equipment
—
1.9%
Vertiv
Holdings
Co.,
Class
a
A
2,487
643,437
Energy
Equipment
&
Services
—
5.8%
Baker
Hughes
Co.,
Class
a
A
16,037
1,019,151
Halliburton
Co.
26,514
977,041
1,996,192
Entertainment
—
1.0%
Walt
Disney
Co.
(The)
3,060
329,103
Financial
Services
—
2.0%
Apollo
Global
Management,
Inc.
5,112
698,197
Ground
Transportation
—
0.9%
Uber
Technologies,
Inc.*
3,969
300,255
Hotels,
Restaurants
&
Leisure
—
2.7%
Booking
Holdings,
Inc.
1,666
331,684
Marriott
International,
Inc.,
Class
a
A
801
273,750
Starbucks
Corp.
2,891
307,168
912,602
Investments
Shares
Value
Common
Stocks
(continued)
Insurance
—
3.7%
MetLife,
Inc.
7,034
$
669,426
Progressive
Corp.
(The)
2,696
587,943
1,257,369
Interactive
Media
&
Services
—
2.2%
Alphabet,
Inc.,
Class
a
A
2,240
760,144
Media
—
5.2%
AppLovin
Corp.,
Class
a
A*
1,584
494,303
Charter
Communications,
Inc.,
Class
a
A*
3,394
517,381
Fox
Corp.,
Class
a
A
6,035
406,457
News
Corp.,
Class
a
A
11,898
365,388
1,783,529
Oil,
Gas
&
Consumable
Fuels
—
26.1%
Chevron
Corp.
5,302
1,092,954
ConocoPhillips
8,560
1,134,115
Devon
Energy
Corp.
21,489
1,042,431
Diamondback
Energy,
Inc.
5,041
1,010,620
EOG
Resources,
Inc.
6,840
991,526
Marathon
Petroleum
Corp.
3,569
1,332,379
Occidental
Petroleum
Corp.
18,144
1,091,906
Valero
Energy
Corp.
3,497
1,255,143
8,951,074
Passenger
Airlines
—
1.4%
Delta
Air
Lines,
Inc.
3,267
254,826
United
Airlines
Holdings,
Inc.*
2,223
240,062
494,888
Semiconductors
&
Semiconductor
Equipment
—
2.5%
NVIDIA
Corp.
3,925
866,562
Software
—
13.4%
Crowdstrike
Holdings,
Inc.,
Class
a
A*
4,313
996,303
Fortinet,
Inc.*
4,993
853,454
Palo
Alto
Networks,
Inc.*
2,484
949,211
Synopsys,
Inc.*
1,663
731,038
Zscaler,
Inc.*
5,715
1,076,620
4,606,626
Technology
Hardware,
Storage
&
Peripherals
—
2.9%
HP,
Inc.
33,035
991,711
Wireless
Telecommunication
Services
—
1.3%
T-Mobile
US,
Inc.
2,482
447,852
Total
Common
Stocks
(Cost
$32,212,129)
34,211,239
Securities
Lending
Reinvestments
(b)
—
1
.1
%
Investment
Companies
—
1
.1
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(c)
(Cost
$375,645)
375,645
375,645
AUGUST
31,
2026
(Unaudited)
::
EQUITIES
FOR
RISING
RATES
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
7
EQRR
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
0
.2
%
Repurchase
Agreements
(d)
—
0
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$59,002
(Cost
$58,995)
$
58,995
$
58,995
Total
Investments
—
101.1%
(Cost
$32,646,769)
34,645,879
Liabilities
in
excess
of
other
assets
—
(1.1%)
(
384,836
)
Net
Assets
—
100.0%
$
34,261,043
*
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
$374,694,
collateralized
in
the
form
of
cash
with
a
value
of
$375,645
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$375,645.
(c)
Rate
shown
is
the
7-day
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.
GLOBAL
LISTED
PRIVATE
EQUITY
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
8
PEX
::
Investments
Shares
Value
Common
Stocks
—
88
.3
%
Capital
Markets
—
69.6%
3i
Group
plc
30,464
$
1,167,362
Ares
Capital
Corp.(a)
57,922
1,162,495
Barings
BDC,
Inc.(a)
17,046
160,914
Capital
Southwest
Corp.(a)
11,262
287,969
FS
KKR
Capital
Corp.(a)
46,069
571,716
Gimv
NV
4,443
226,300
Goldman
Sachs
BDC,
Inc.
19,961
204,201
Golub
Capital
BDC,
Inc.
37,758
496,895
Hercules
Capital,
Inc.(a)
30,108
531,105
Main
Street
Capital
Corp.(a)
15,427
908,959
MidCap
Financial
Investment
Corp.
14,830
145,482
Molten
Ventures
plc*
29,588
283,449
New
Mountain
Finance
Corp.
14,950
114,069
Oaktree
Specialty
Lending
Corp.
16,215
215,011
Onex
Corp.
11,626
946,974
Prospect
Capital
Corp.(a)
68,614
156,440
Ratos
AB,
Class
a
B
35,514
141,127
Sixth
Street
Specialty
Lending,
Inc.(a)
17,158
323,600
SLR
Investment
Corp.
8,175
104,149
8,148,217
Financial
Services
—
17.3%
Eurazeo
SE
7,408
432,389
Kinnevik
AB,
Class
a
B*
43,808
280,751
Sofina
SA
3,081
883,232
Wendel
SE
4,325
429,276
2,025,648
Industrial
Conglomerates
—
1.4%
Brookfield
Business
Corp.,
Class
a
A
5,786
158,348
Total
Common
Stocks
(Cost
$11,125,167)
10,332,213
Closed
End
Funds
—
11
.2
%
Capital
Markets
—
11.2%
HBM
Healthcare
Investments
AG
Class
A
1,013
292,615
HgCapital
Trust
plc(a)
71,856
428,892
Neuberger
Private
Equity
Partners
Ltd.
7,141
143,593
Oakley
Capital
Investments
Ltd.*
25,893
190,161
Partners
Group
Private
Equity
Ltd.(a)
10,685
93,829
Syncona
Ltd.*
103,356
160,494
Total
Closed
End
Funds
(Cost
$1,182,734)
1,309,584
Investments
Shares
Value
Securities
Lending
Reinvestments
(b)
—
26
.0
%
Investment
Companies
—
26
.0
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(c)
(Cost
$3,049,412)
3,049,412
$
3,049,412
Principal
Amount
Short-Term
Investments
—
0
.7
%
Repurchase
Agreements
(d)
—
0
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$81,307
(Cost
$81,298)
$
81,298
81,298
Total
Investments
—
126.2%
(Cost
$15,438,611)
14,772,507
Liabilities
in
excess
of
other
assets
—
(26.2%)
(
3,064,793
)
Net
Assets
—
100.0%
$
11,707,714
*
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
$3,028,081,
collateralized
in
the
form
of
cash
with
a
value
of
$3,049,412
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$101,170
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
5.00%,
and
maturity
dates
ranging
from
September
17,
2026
–
February
15,
2055.
The
total
value
of
collateral
is
$3,150,582.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$3,049,412.
(c)
Rate
shown
is
the
7-day
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)
::
GLOBAL
LISTED
PRIVATE
EQUITY
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
9
PEX
::
Global
Listed
Private
Equity
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
46
.0
%
United
Kingdom
21
.1
%
Belgium
9
.5
%
Canada
9
.4
%
France
7
.4
%
Sweden
3
.6
%
Switzerland
2
.5
%
Other
a
0
.5
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
HEDGE
REPLICATION
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
10
HDG
::
Investments
Shares
Value
Common
Stocks
—
11
.8
%
Aerospace
&
Defense
—
0.2%
AAR
Corp.*
34
$
4,396
AerSale
Corp.*
31
170
Aevex
Corp.,
Class
a
A*
15
264
AIRO
Group
Holdings,
Inc.*
19
145
Archer
Aviation,
Inc.,
Class
a
A*
566
3,271
Astronics
Corp.*
27
1,989
Beta
Technologies,
Inc.,
Class
a
A*
28
563
Cadre
Holdings,
Inc.
26
771
Ducommun,
Inc.*
12
2,057
Eve
Holding,
Inc.*
83
187
Firefly
Aerospace,
Inc.*
67
1,415
Innovative
Solutions
and
Support,
Inc.*
12
228
Intuitive
Machines,
Inc.*
107
1,644
Mercury
Systems,
Inc.*
47
4,105
Moog,
Inc.,
Class
a
A
24
8,916
National
Presto
Industries,
Inc.
5
759
Park
Aerospace
Corp.
16
521
Red
Cat
Holdings,
Inc.*
93
799
Redwire
Corp.*
164
1,755
Satellogic,
Inc.,
Class
a
A*
80
390
Sidus
Space,
Inc.,
Class
a
A*
69
150
Starfighters
Space,
Inc.*
26
86
Swarmer,
Inc.*
3
99
TAT
Technologies
Ltd.*
10
363
V2X,
Inc.*
25
1,929
Virgin
Galactic
Holdings,
Inc.*
81
237
Voyager
Technologies,
Inc.,
Class
a
A*
44
1,480
VSE
Corp.
24
5,008
York
Space
Systems,
Inc.*
16
145
43,842
Air
Freight
&
Logistics
—
0.0%(a)
Forward
Air
Corp.*
19
323
Hub
Group,
Inc.,
Class
a
A
51
2,033
Radiant
Logistics,
Inc.*
31
265
2,621
Automobile
Components
—
0.1%
Adient
plc*
67
1,271
Cooper-Standard
Holdings,
Inc.*
14
375
Dana,
Inc.
93
2,788
Dauch
Corp.*
199
1,246
Dorman
Products,
Inc.*
23
2,964
Fox
Factory
Holding
Corp.*
36
735
Garrett
Motion,
Inc.
147
3,962
Gentherm,
Inc.*
26
1,022
Goodyear
Tire
&
Rubber
Co.
(The)*
237
1,486
Holley,
Inc.*
66
189
LCI
Industries
20
2,013
Motorcar
Parts
of
America,
Inc.*
11
128
Patrick
Industries,
Inc.
27
2,206
Phinia,
Inc.
31
2,122
Solid
Power,
Inc.*
170
396
Investments
Shares
Value
Common
Stocks
(continued)
Standard
Motor
Products,
Inc.
18
$
679
Stoneridge,
Inc.*
24
166
Strattec
Security
Corp.*
3
210
Versigent
plc*
61
2,891
Visteon
Corp.
23
2,342
XPEL,
Inc.*(b)
22
1,084
30,275
Automobiles
—
0.0%(a)
Harley-Davidson,
Inc.
88
2,429
Livewire
Group,
Inc.*
10
12
Lucid
Group,
Inc.,
Class
a
A*
107
519
Winnebago
Industries,
Inc.
23
692
3,652
Banks
—
1.1%
1st
Source
Corp.
15
1,284
ACNB
Corp.
9
585
Amalgamated
Financial
Corp.
15
721
Amerant
Bancorp,
Inc.,
Class
a
A
29
833
Ameris
Bancorp
56
4,718
Ames
National
Corp.
8
252
Arrow
Financial
Corp.
14
528
Associated
Banc-Corp.
122
3,734
Atlantic
Union
Bankshares
Corp.
121
4,880
Avidbank
Holdings,
Inc.*
8
252
Avidia
Bancorp,
Inc.
15
332
Axos
Financial,
Inc.*
47
4,549
Banc
of
California,
Inc.
129
2,402
BancFirst
Corp.
18
1,966
Bancorp,
Inc.
(The)*
34
2,210
Bank
First
Corp.
9
1,356
Bank
of
Hawaii
Corp.
33
2,506
Bank
of
Marin
Bancorp
13
346
Bank
of
NT
Butterfield
&
Son
Ltd.
(The)
34
2,002
Bank7
Corp.
4
205
BankUnited,
Inc.
63
2,873
Bankwell
Financial
Group,
Inc.
5
329
Banner
Corp.
28
1,964
Bar
Harbor
Bankshares
14
549
BayCom
Corp.
9
268
BCB
Bancorp,
Inc.
14
120
Beacon
Financial
Corp.
71
2,205
Blue
Ridge
Bankshares,
Inc.
55
214
Bridgewater
Bancshares,
Inc.*
18
379
Burke
&
Herbert
Financial
Services
Corp.
13
927
Business
First
Bancshares,
Inc.
27
838
BV
Financial,
Inc.*
6
127
Byline
Bancorp,
Inc.
26
986
C&F
Financial
Corp.
3
273
California
BanCorp
22
468
Camden
National
Corp.
14
791
Capital
Bancorp,
Inc.
9
325
Capital
City
Bank
Group,
Inc.
12
606
Capitol
Federal
Financial,
Inc.
103
887
Carter
Bankshares,
Inc.
19
594
Cathay
General
Bancorp
55
3,367
AUGUST
31,
2026
(Unaudited)
::
HEDGE
REPLICATION
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
11
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
CB
Financial
Services,
Inc.
4
$
149
Central
Pacific
Financial
Corp.
22
819
CF
Bankshares,
Inc.
4
138
Chain
Bridge
Bancorp,
Inc.,
Class
a
A*
2
92
Chemung
Financial
Corp.
3
243
ChoiceOne
Financial
Services,
Inc.
12
399
Citizens
&
Northern
Corp.
15
380
Citizens
Community
Bancorp,
Inc.
8
167
Citizens
Financial
Services,
Inc.
4
321
City
Holding
Co.
12
1,715
Civista
Bancshares,
Inc.
18
486
CNB
Financial
Corp.
25
846
Coastal
Financial
Corp.*
11
518
CoastalSouth
Bancshares,
Inc.
7
192
Colony
Bankcorp,
Inc.
18
381
Columbia
Financial,
Inc.
225
2,614
Commercial
Bancgroup,
Inc.
7
236
Community
Bancorp
4
162
Community
Financial
System,
Inc.
45
2,824
Community
Trust
Bancorp,
Inc.
14
1,066
Community
West
Bancshares
21
545
ConnectOne
Bancorp,
Inc.
41
1,289
Customers
Bancorp,
Inc.*
26
2,033
CVB
Financial
Corp.
144
3,192
Dime
Commercial
Bancshares,
Inc.
34
1,374
Eagle
Bancorp
Montana,
Inc.
6
134
Eagle
Bancorp,
Inc.
24
655
Eagle
Financial
Services,
Inc.
4
165
Eastern
Bankshares,
Inc.
185
4,063
ECB
Bancorp,
Inc.*
6
124
Enterprise
Financial
Services
Corp.
31
1,960
Equity
Bancshares,
Inc.,
Class
a
A
15
740
Esquire
Financial
Holdings,
Inc.
6
670
Farmers
&
Merchants
Bancorp,
Inc.
11
373
Farmers
National
Banc
Corp.
50
780
FB
Bancorp,
Inc.*
13
204
FB
Financial
Corp.
37
2,108
Fidelity
D&D
Bancorp,
Inc.
4
214
Financial
Institutions,
Inc.
17
689
Finwise
Bancorp*
8
111
First
Bancorp
131
3,652
First
Bancorp
34
2,157
First
Bancorp,
Inc.
(The)
9
308
First
Bank
19
338
First
Busey
Corp.
69
2,077
First
Business
Financial
Services,
Inc.
7
489
First
Capital,
Inc.
3
186
First
Commonwealth
Financial
Corp.
86
1,780
First
Community
Bankshares,
Inc.
14
679
First
Community
Corp.
7
232
Investments
Shares
Value
Common
Stocks
(continued)
First
Financial
Bancorp
89
$
2,904
First
Financial
Bankshares,
Inc.
112
3,722
First
Financial
Corp.
10
783
First
Guaranty
Bancshares,
Inc.
5
42
First
Internet
Bancorp
6
164
First
Interstate
BancSystem,
Inc.,
Class
a
A
77
2,834
First
Merchants
Corp.
53
2,198
First
Mid
Bancshares,
Inc.
21
1,045
First
National
Corp.
7
214
First
Northern
Community
Bancorp*
13
217
First
United
Corp.
5
214
First
Western
Financial,
Inc.*
7
217
Firstsun
Capital
Bancorp*
21
840
Five
Star
Bancorp
13
596
Flagstar
Bank
NA
261
3,474
Franklin
Financial
Services
Corp.
4
248
FS
Bancorp,
Inc.
5
212
Fulton
Financial
Corp.
164
3,847
FVCBankcorp,
Inc.
13
237
GBank
Financial
Holdings,
Inc.*
8
157
German
American
Bancorp,
Inc.
31
1,529
Glacier
Bancorp,
Inc.
111
5,140
Great
Southern
Bancorp,
Inc.
7
548
Greene
County
Bancorp,
Inc.
6
206
Hancock
Whitney
Corp.
70
5,214
Hanmi
Financial
Corp.
25
775
Hanover
Bancorp,
Inc.
4
107
Hawthorn
Bancshares,
Inc.
5
195
HBT
Financial,
Inc.
14
497
Heritage
Financial
Corp.
35
1,000
Hilltop
Holdings,
Inc.
34
1,294
Hingham
Institution
For
Savings
(The)
1
288
Home
Bancorp,
Inc.
6
411
Home
BancShares,
Inc.
159
4,684
HomeTrust
Bancshares,
Inc.
13
604
Hope
Bancorp,
Inc.
105
1,448
Horizon
Bancorp,
Inc.
43
835
Independent
Bank
Corp.
41
3,329
Independent
Bank
Corp.
17
620
International
Bancshares
Corp.
47
3,298
Investar
Holding
Corp.
11
331
Isabella
Bank
Corp.
6
229
John
Marshall
Bancorp,
Inc.
11
251
Kearny
Financial
Corp.
49
484
Lakeland
Financial
Corp.
21
1,241
Landmark
Bancorp,
Inc.
4
127
LCNB
Corp.
12
232
Live
Oak
Bancshares,
Inc.
31
1,221
MainStreet
Bancshares,
Inc.
5
125
Mechanics
Bancorp
34
535
Mercantile
Bank
Corp.
14
837
Meridian
Corp.
8
154
Metrocity
Bankshares,
Inc.
20
696
Metropolitan
Bank
Holding
Corp.
9
817
Mid
Penn
Bancorp,
Inc.
18
655
HEDGE
REPLICATION
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
12
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Midland
States
Bancorp,
Inc.
16
$
525
MVB
Financial
Corp.
10
303
National
Bank
Holdings
Corp.,
Class
a
A
37
1,528
National
Bankshares,
Inc.
5
206
NB
Bancorp,
Inc.
34
759
NBT
Bancorp,
Inc.
43
2,211
Nicolet
Bankshares,
Inc.
17
2,879
Northeast
Bank
6
757
Northeast
Community
Bancorp,
Inc.
10
263
Northpointe
Bancshares,
Inc.
17
289
Northrim
Bancorp,
Inc.
19
486
Northwest
Bancshares,
Inc.
125
1,911
Norwood
Financial
Corp.
9
307
Oak
Valley
Bancorp
6
202
OceanFirst
Financial
Corp.
71
1,338
OFG
Bancorp
36
1,874
Ohio
Valley
Banc
Corp.
3
137
Old
National
Bancorp
293
7,495
Old
Second
Bancorp,
Inc.
43
1,078
OP
Bancorp
10
150
Orange
County
Bancorp,
Inc.
11
417
Origin
Bancorp,
Inc.
25
1,328
Orrstown
Financial
Services,
Inc.
16
667
Park
National
Corp.
14
2,734
Parke
Bancorp,
Inc.
9
304
Pathward
Financial,
Inc.
18
1,466
PCB
Bancorp
9
246
Peapack-Gladstone
Financial
Corp.
14
625
Peoples
Bancorp
of
North
Carolina,
Inc.
4
175
Peoples
Bancorp,
Inc.
30
1,181
Peoples
Financial
Services
Corp.
8
549
Pioneer
Bancorp,
Inc.*
9
157
Plumas
Bancorp
6
367
Ponce
Financial
Group,
Inc.*
17
345
Preferred
Bank
10
1,024
Primis
Financial
Corp.
19
302
Princeton
Bancorp,
Inc.
4
169
Provident
Financial
Services,
Inc.
109
2,551
QCR
Holdings,
Inc.
14
1,393
RBB
Bancorp
14
363
Red
River
Bancshares,
Inc.
4
400
Renasant
Corp.
79
3,232
Republic
Bancorp,
Inc.,
Class
a
A
7
655
Rhinebeck
Bancorp,
Inc.
6
76
Richmond
Mutual
Bancorp,
Inc.
7
111
S&T
Bancorp,
Inc.
31
1,534
Seacoast
Banking
Corp.
of
Florida
83
2,818
ServisFirst
Bancshares,
Inc.
88
3,788
Shore
Bancshares,
Inc.
26
597
Sierra
Bancorp
10
396
Simmons
First
National
Corp.,
Class
a
A
123
2,777
SmartFinancial,
Inc.
13
657
Investments
Shares
Value
Common
Stocks
(continued)
South
Plains
Financial,
Inc.
13
$
567
Southern
First
Bancshares,
Inc.*
8
491
Southern
Missouri
Bancorp,
Inc.
8
589
Southside
Bancshares,
Inc.
24
757
SR
Bancorp,
Inc.
6
117
Stock
Yards
Bancorp,
Inc.
22
1,743
Texas
Capital
Bancshares,
Inc.
37
3,596
Third
Coast
Bancshares,
Inc.*
13
580
Timberland
Bancorp,
Inc.
6
274
Tompkins
Financial
Corp.
12
1,165
Towne
Bank
74
2,741
TriCo
Bancshares
25
1,334
Triumph
Financial,
Inc.*
19
1,354
TrustCo
Bank
Corp.
15
851
Trustmark
Corp.
47
2,158
UMB
Financial
Corp.
62
8,781
United
Bankshares,
Inc.
118
5,561
United
Community
Banks,
Inc.
103
3,589
Unity
Bancorp,
Inc.
6
348
Univest
Financial
Corp.
24
996
USCB
Financial
Holdings,
Inc.
10
222
Valley
National
Bancorp
411
5,606
Virginia
National
Bankshares
Corp.
4
185
WaFd,
Inc.
63
2,253
Washington
Trust
Bancorp,
Inc.
16
626
WesBanco,
Inc.
81
3,241
West
Bancorp,
Inc.
13
367
Westamerica
Bancorp
20
1,161
Western
New
England
Bancorp,
Inc.
15
206
WSFS
Financial
Corp.
45
3,485
278,988
Beverages
—
0.0%(a)
Boston
Beer
Co.,
Inc.
(The),
Class
a
A*
7
1,245
MGP
Ingredients,
Inc.
12
199
National
Beverage
Corp.
20
633
Vita
Coco
Co.,
Inc.
(The)*
41
2,407
4,484
Biotechnology
—
1.7%
4D
Molecular
Therapeutics,
Inc.*
38
536
Abeona
Therapeutics,
Inc.*
37
216
Absci
Corp.*
116
1,049
ACADIA
Pharmaceuticals,
Inc.*
108
3,122
Achieve
Life
Sciences,
Inc.*
65
516
Acumen
Pharmaceuticals,
Inc.*
40
114
ADC
Therapeutics
SA*
90
105
ADMA
Biologics,
Inc.*
194
1,822
Agenus,
Inc.*
33
251
Agios
Pharmaceuticals,
Inc.*
50
1,684
Akebia
Therapeutics,
Inc.*
217
199
Aktis
Oncology,
Inc.*
18
466
Alector,
Inc.*
82
185
Alkermes
plc*
141
6,626
AUGUST
31,
2026
(Unaudited)
::
HEDGE
REPLICATION
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
13
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Allogene
Therapeutics,
Inc.*
223
$
446
Altimmune,
Inc.*
167
519
ALX
Oncology
Holdings,
Inc.*
91
176
AnaptysBio,
Inc.*
17
970
Anavex
Life
Sciences
Corp.*
77
216
Anika
Therapeutics,
Inc.*
10
209
Annexon,
Inc.*
130
642
Apogee
Therapeutics,
Inc.*
38
5,133
Arbutus
Biopharma
Corp.*
135
686
Arcturus
Therapeutics
Holdings,
Inc.*
22
325
Arcus
Biosciences,
Inc.*
75
2,196
Arcutis
Biotherapeutics,
Inc.*
96
2,301
Ardelyx,
Inc.*
205
775
Armata
Pharmaceuticals,
Inc.*
10
55
ArriVent
Biopharma,
Inc.*
32
962
ARS
Pharmaceuticals,
Inc.*
52
312
Artiva
Biotherapeutics,
Inc.*
4
45
Assembly
Biosciences,
Inc.*
8
269
Atrium
Therapeutics,
Inc.*
12
160
Aura
Biosciences,
Inc.*
38
273
Aurinia
Pharmaceuticals,
Inc.*
100
1,611
Avalo
Therapeutics,
Inc.*
35
677
Beam
Therapeutics,
Inc.*
83
2,443
Benitec
Biopharma,
Inc.*
18
219
Bicara
Therapeutics,
Inc.*
37
855
BioCryst
Pharmaceuticals,
Inc.*
195
1,891
Biohaven
Ltd.*
112
1,710
Black
Diamond
Therapeutics,
Inc.*
40
84
Bright
Minds
Biosciences,
Inc.*
6
430
C4
Therapeutics,
Inc.*
85
315
Cabaletta
Bio,
Inc.*
94
292
CAMP4
Therapeutics
Corp.*
27
107
Candel
Therapeutics,
Inc.*
53
693
Canton
Strategic
Holdings,
Inc.*
37
84
Capricor
Therapeutics,
Inc.*
45
446
CareDx,
Inc.*
43
2,155
Caribou
Biosciences,
Inc.*
77
119
Cartesian
Therapeutics,
Inc.*
12
111
Celcuity,
Inc.*
32
2,850
Celldex
Therapeutics,
Inc.*
66
2,616
Century
Therapeutics,
Inc.*
103
211
CG
oncology,
Inc.*
62
4,660
Climb
Bio,
Inc.*
30
412
Cogent
Biosciences,
Inc.*
140
4,900
Coherus
Oncology,
Inc.*
110
149
Compass
Therapeutics,
Inc.*
110
263
Connect
Biopharma
Holdings
Ltd.,
ADR*
13
29
Corbus
Pharmaceuticals
Holdings,
Inc.*
14
153
Corvus
Pharmaceuticals,
Inc.*
57
800
Crescent
Biopharma,
Inc.*
18
299
CRISPR
Therapeutics
AG*
78
4,444
Cullinan
Therapeutics,
Inc.*
51
1,126
Cytokinetics,
Inc.*
111
7,871
CytomX
Therapeutics,
Inc.*
149
501
Damora
Therapeutics,
Inc.*
45
1,268
Denali
Therapeutics,
Inc.*
123
2,922
Investments
Shares
Value
Common
Stocks
(continued)
Design
Therapeutics,
Inc.*
26
$
392
DiaMedica
Therapeutics,
Inc.*
31
197
Dianthus
Therapeutics,
Inc.*
40
4,224
Disc
Medicine,
Inc.*
24
1,888
Dyne
Therapeutics,
Inc.*
127
3,230
Editas
Medicine,
Inc.*
84
257
Eikon
Therapeutics,
Inc.*
18
188
Eledon
Pharmaceuticals,
Inc.*
65
194
Elicio
Therapeutics,
Inc.*
11
30
Emergent
BioSolutions,
Inc.*
44
268
Enanta
Pharmaceuticals,
Inc.*
24
320
Entrada
Therapeutics,
Inc.*
25
176
Erasca,
Inc.*
185
3,308
Evommune,
Inc.*
11
139
Fennec
Pharmaceuticals,
Inc.*
24
296
First
Tracks
Biotherapeutics,
Inc.*
20
837
Foghorn
Therapeutics,
Inc.*
31
178
Galectin
Therapeutics,
Inc.*
40
158
Generate
Biomedicines,
Inc.*
20
305
Geron
Corp.*
469
699
GRAIL,
Inc.*
35
2,778
Greenwich
Lifesciences,
Inc.*
6
90
Gyre
Therapeutics,
Inc.*
15
99
Heron
Therapeutics,
Inc.*
134
43
Hyperliquid
Strategies,
Inc.*
105
1,286
Ideaya
Biosciences,
Inc.*
70
2,807
Immix
Biopharma,
Inc.*
34
477
Immuneering
Corp.,
Class
a
A*
45
225
ImmunityBio,
Inc.*
324
2,576
Immunome,
Inc.*
88
2,412
Immunovant,
Inc.*
72
2,939
Inhibikase
Therapeutics,
Inc.*
102
236
Inhibrx
Biosciences,
Inc.*
8
1,014
Intellia
Therapeutics,
Inc.*
113
1,438
Invivyd,
Inc.*
177
169
Iovance
Biotherapeutics,
Inc.*
334
2,729
Ironwood
Pharmaceuticals,
Inc.,
Class
a
A*
137
582
Jade
Biosciences,
Inc.*
27
577
Janux
Therapeutics,
Inc.*
36
656
Kailera
Therapeutics,
Inc.*
39
601
Karyopharm
Therapeutics,
Inc.*
17
35
Keros
Therapeutics,
Inc.*
16
177
Kiniksa
Pharmaceuticals
International
plc,
Class
a
A*
36
2,831
Kodiak
Sciences,
Inc.*
33
1,233
Korro
Bio,
Inc.*
9
112
Krystal
Biotech,
Inc.*
22
7,906
Kura
Oncology,
Inc.*
71
898
Kymera
Therapeutics,
Inc.*
53
6,297
Kyverna
Therapeutics,
Inc.*
35
297
Larimar
Therapeutics,
Inc.*
56
214
Lexeo
Therapeutics,
Inc.*
59
281
Lineage
Cell
Therapeutics,
Inc.*
155
170
Lyell
Immunopharma,
Inc.*
8
115
MacroGenics,
Inc.*
53
211
MannKind
Corp.*
258
1,035
MapLight
Therapeutics,
Inc.*
9
117
MeiraGTx
Holdings
plc*
50
691
HEDGE
REPLICATION
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
14
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
MiMedx
Group,
Inc.*
102
$
463
Mineralys
Therapeutics,
Inc.*
48
1,232
Minerva
Neurosciences,
Inc.*
29
132
Mirum
Pharmaceuticals,
Inc.*
40
3,922
Monopar
Therapeutics,
Inc.*
4
448
Monte
Rosa
Therapeutics,
Inc.*
62
864
Myriad
Genetics,
Inc.*
78
251
Neurogene,
Inc.*
9
326
Nkarta,
Inc.*
37
100
Novavax,
Inc.*
128
1,199
Nurix
Therapeutics,
Inc.*
80
2,062
Nuvectis
Pharma,
Inc.*
14
318
Ocugen,
Inc.*
287
382
Olema
Pharmaceuticals,
Inc.*
66
688
OnKure
Therapeutics,
Inc.,
Class
a
A*
22
80
Opus
Genetics,
Inc.*
45
163
Organogenesis
Holdings,
Inc.,
Class
a
A*
58
100
ORIC
Pharmaceuticals,
Inc.*
63
818
Oruka
Therapeutics,
Inc.*
42
3,890
Ovid
Therapeutics,
Inc.*
128
342
Palisade
Bio,
Inc.*
124
242
Palvella
Therapeutics,
Inc.*
9
1,373
Perspective
Therapeutics,
Inc.*
87
275
Praxis
Precision
Medicines,
Inc.*
21
7,356
Precigen,
Inc.*
162
1,123
Precision
BioSciences,
Inc.*
20
153
Prelude
Therapeutics,
Inc.*
23
129
Prime
Medicine,
Inc.*
79
284
ProKidney
Corp.,
Class
a
A*
63
119
Protagonist
Therapeutics,
Inc.*
52
7,683
Protalix
BioTherapeutics,
Inc.*
62
159
Protara
Therapeutics,
Inc.*
44
170
Prothena
Corp.
plc*
37
346
PTC
Therapeutics,
Inc.*
70
4,868
Puma
Biotechnology,
Inc.*
37
337
Recursion
Pharmaceuticals,
Inc.,
Class
a
A*
429
1,459
REGENXBIO,
Inc.*
40
380
Relay
Therapeutics,
Inc.*
136
2,500
Replimune
Group,
Inc.*
66
1,010
Rezolute,
Inc.*
66
310
Rhythm
Pharmaceuticals,
Inc.*
46
4,882
Rigel
Pharmaceuticals,
Inc.*
15
693
Rocket
Pharmaceuticals,
Inc.*
76
283
SAB
Biotherapeutics,
Inc.*
36
134
Sagimet
Biosciences,
Inc.,
Class
a
A*
49
503
Sana
Biotechnology,
Inc.*
154
596
Sarepta
Therapeutics,
Inc.*
87
1,830
Savara,
Inc.*
128
690
Scholar
Rock
Holding
Corp.*
94
5,339
SELLAS
Life
Sciences
Group,
Inc.*
158
2,108
Shattuck
Labs,
Inc.*
51
358
Sionna
Therapeutics,
Inc.*
15
90
Solid
Biosciences,
Inc.*
66
632
Spruce
Biosciences,
Inc.*
2
118
Investments
Shares
Value
Common
Stocks
(continued)
Spyre
Therapeutics,
Inc.*
62
$
5,538
Stoke
Therapeutics,
Inc.*
46
1,435
Surrozen,
Inc.*
6
132
Sutro
Biopharma,
Inc.*
13
263
Syndax
Pharmaceuticals,
Inc.*
75
1,447
Tango
Therapeutics,
Inc.*
118
2,695
Taysha
Gene
Therapies,
Inc.*
201
1,144
Tectonic
Therapeutic,
Inc.*
9
269
Tenax
Therapeutics,
Inc.*
21
39
TG
Therapeutics,
Inc.*
122
6,625
Tonix
Pharmaceuticals
Holding
Corp.*
12
169
Travere
Therapeutics,
Inc.*
75
4,971
TriSalus
Life
Sciences,
Inc.*
40
198
Twist
Bioscience
Corp.*
55
7,645
Tyra
Biosciences,
Inc.*
31
776
Ultragenyx
Pharmaceutical,
Inc.*
81
2,042
Unicycive
Therapeutics,
Inc.*
20
104
Upstream
Bio,
Inc.*
30
199
UroGen
Pharma
Ltd.*
36
1,551
Vanda
Pharmaceuticals,
Inc.*
45
243
Vaxcyte,
Inc.*
111
6,742
Vera
Therapeutics,
Inc.,
Class
a
A*
54
1,840
Veracyte,
Inc.*
68
2,937
Verastem,
Inc.*
67
484
Vericel
Corp.*
43
1,716
Vir
Biotechnology,
Inc.*
103
1,127
Viridian
Therapeutics,
Inc.*
76
1,760
Vor
BioPharma,
Inc.*
34
764
Voyager
Therapeutics,
Inc.*
44
152
Whitehawk
Therapeutics,
Inc.*
27
123
X4
Pharmaceuticals,
Inc.*
68
275
Xencor,
Inc.*
58
1,581
Xenon
Pharmaceuticals,
Inc.*
82
4,938
Z
Squared,
Inc.*
37
109
Zenas
Biopharma,
Inc.*
24
776
Zentalis
Pharmaceuticals,
Inc.*
42
158
Zura
Bio
Ltd.,
Class
a
A*
49
271
Zymeworks,
Inc.*
39
1,147
277,612
Broadline
Retail
—
0.0%(a)
1stdibs.com,
Inc.*
20
87
Groupon,
Inc.,
Class
a
A*
20
384
Kohl's
Corp.
93
1,657
Pattern
Group,
Inc.,
Class
a
A*
27
560
Savers
Value
Village,
Inc.*
32
331
3,019
Building
Products
—
0.1%
Apogee
Enterprises,
Inc.
18
703
AZZ,
Inc.
25
3,429
CSW
Industrials,
Inc.
14
4,325
Gibraltar
Industries,
Inc.*
25
1,125
Griffon
Corp.
33
3,214
Insteel
Industries,
Inc.
16
482
Janus
International
Group,
Inc.*
112
556
Masterbrand,
Inc.*
171
1,411
AUGUST
31,
2026
(Unaudited)
::
HEDGE
REPLICATION
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
15
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Quanex
Building
Products
Corp.
39
$
750
Resideo
Technologies,
Inc.*
115
2,226
Tecnoglass
Holdings,
Inc.
21
834
UFP
Industries,
Inc.
48
4,057
Zurn
Elkay
Water
Solutions
Corp.
127
6,071
29,183
Capital
Markets
—
0.3%
Acadian
Asset
Management,
Inc.
24
2,261
AlTi
Global,
Inc.*
42
164
Artisan
Partners
Asset
Management,
Inc.,
Class
a
A
54
2,299
Bakkt,
Inc.,
Class
a
A*
25
192
BGC
Group,
Inc.,
Class
a
A
317
3,807
BRC
Group
Holdings,
Inc.*
19
131
Chaince
Digital
Holdings,
Inc.*
56
167
Cohen
&
Steers,
Inc.
24
1,936
DigitalBridge
Group,
Inc.
150
2,387
Donnelley
Financial
Solutions,
Inc.*
21
1,014
GCM
Grosvenor,
Inc.,
Class
a
A
50
689
Gemini
Space
Station,
Inc.,
Class
a
A*
34
153
Innventure,
Inc.*
47
61
Marex
Group
Ltd.
52
3,769
MarketWise,
Inc.
2
36
Miami
International
Holdings,
Inc.*
64
2,744
Moelis
&
Co.,
Class
a
A
63
4,288
Patria
Investments
Ltd.,
Class
a
A
55
624
Perella
Weinberg
Partners,
Class
a
A
59
981
Piper
Sandler
Cos.
59
4,429
PJT
Partners,
Inc.,
Class
a
A
21
3,788
Ridgepost
Capital,
Inc.,
Class
a
A
51
439
SHARPLINK,
Inc.*
158
1,364
Silvercrest
Asset
Management
Group,
Inc.,
Class
a
A
5
50
StepStone
Group,
Inc.,
Class
a
A
65
3,397
StoneX
Group,
Inc.*
92
6,300
Value
Line,
Inc.
1
37
Victory
Capital
Holdings,
Inc.,
Class
a
A
36
4,248
Virtus
Investment
Partners,
Inc.
5
828
Wealthfront
Corp.*
31
286
Webull
Corp.*
282
2,673
Westwood
Holdings
Group,
Inc.
6
116
WisdomTree,
Inc.
114
2,743
58,401
Chemicals
—
0.2%
AdvanSix,
Inc.
23
387
Alto
Ingredients,
Inc.*
62
245
Ashland,
Inc.
39
2,860
ASP
Isotopes,
Inc.*
98
394
Aspen
Aerogels,
Inc.*
57
281
Avient
Corp.
78
3,437
Investments
Shares
Value
Common
Stocks
(continued)
Balchem
Corp.
28
$
4,925
Cabot
Corp.
44
3,639
Chemours
Co.
(The)
129
2,007
Core
Molding
Technologies,
Inc.*
7
175
Ecovyst,
Inc.*
93
946
Flotek
Industries,
Inc.*
12
285
FMC
Corp.
107
1,234
Hawkins,
Inc.
17
2,045
HB
Fuller
Co.
47
2,583
Huntsman
Corp.
141
1,351
Ingevity
Corp.*
30
2,079
Innospec,
Inc.
21
1,971
Intrepid
Potash,
Inc.*
9
348
Koppers
Holdings,
Inc.
15
688
Kronos
Worldwide,
Inc.
19
167
LSB
Industries,
Inc.*
50
533
Mativ
Holdings,
Inc.
46
547
Minerals
Technologies,
Inc.
26
1,844
Orion
SA
47
293
Perimeter
Solutions,
Inc.*
128
3,904
PureCycle
Technologies,
Inc.*
122
797
Quaker
Chemical
Corp.
12
1,990
Rayonier
Advanced
Materials,
Inc.*
52
447
Sensient
Technologies
Corp.
36
4,858
Stepan
Co.
18
1,127
Tronox
Holdings
plc
100
529
Valhi,
Inc.
2
37
48,953
Commercial
Services
&
Supplies
—
0.1%
ABM
Industries,
Inc.
50
2,331
ACCO
Brands
Corp.
77
330
ACV
Auctions,
Inc.,
Class
a
A*
143
1,005
BrightView
Holdings,
Inc.*
60
667
Brink's
Co.
(The)
35
3,813
Casella
Waste
Systems,
Inc.,
Class
a
A*
54
4,981
Cimpress
plc*
14
1,248
Civeo
Corp.*
9
301
CompX
International,
Inc.
1
32
CoreCivic,
Inc.*
82
2,724
Deluxe
Corp.
38
878
Ennis,
Inc.
21
448
Enviri
Corp.*
22
490
GEO
Group,
Inc.
(The)*
107
3,404
Healthcare
Services
Group,
Inc.*
58
1,275
HNI
Corp.
61
2,954
Interface,
Inc.,
Class
a
A
49
1,858
LanzaTech
Global,
Inc.*
1
6
Liquidity
Services,
Inc.*
20
834
MillerKnoll,
Inc.
58
1,310
NLI
Holdings,
Inc.
7
47
Onterris,
Inc.*
29
485
OPENLANE,
Inc.*
90
3,204
Perma-Fix
Environmental
Services,
Inc.*
15
272
Pitney
Bowes,
Inc.
123
2,107
HEDGE
REPLICATION
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
16
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Quad/Graphics,
Inc.
25
$
252
UniFirst
Corp.
12
3,319
Vestis
Corp.*
78
976
41,551
Communications
Equipment
—
0.1%
ADTRAN
Holdings,
Inc.*
65
504
Aviat
Networks,
Inc.*
10
199
BK
Technologies
Corp.*
3
217
Calix,
Inc.*
50
1,906
Clearfield,
Inc.*
10
290
Digi
International,
Inc.*
32
2,398
Extreme
Networks,
Inc.*
109
2,451
Harmonic,
Inc.*
93
1,114
Inseego
Corp.*
10
42
KVH
Industries,
Inc.*
10
76
Lantronix,
Inc.*
30
159
NETGEAR,
Inc.*
22
466
NetScout
Systems,
Inc.*
60
2,330
Ondas,
Inc.*
410
3,139
Ribbon
Communications,
Inc.*
79
157
Viasat,
Inc.*
107
7,198
Vistance
Networks,
Inc.
187
1,180
23,826
Construction
&
Engineering
—
0.4%
Ameresco,
Inc.,
Class
a
A*
28
619
Arcosa,
Inc.
42
6,103
Argan,
Inc.
12
5,100
Bowman
Consulting
Group
Ltd.,
Class
a
A*
12
511
Cardinal
Infrastructure
Group,
Inc.,
Class
a
A*
14
518
Centuri
Holdings,
Inc.*
74
1,510
Concrete
Pumping
Holdings,
Inc.*
18
163
Construction
Partners,
Inc.,
Class
a
A*
41
4,354
Fluor
Corp.*
121
6,596
Granite
Construction,
Inc.
37
4,461
INNOVATE
Corp.*
5
37
Legence
Corp.,
Class
a
A*
49
2,625
Limbach
Holdings,
Inc.*
9
371
Matrix
Service
Co.*
23
249
MYR
Group,
Inc.*
13
3,788
NWPX
Infrastructure,
Inc.*
8
879
Orion
Group
Holdings,
Inc.*
33
310
Shimmick
Corp.*
4
14
Tutor
Perini
Corp.
38
3,364
41,572
Construction
Materials
—
0.0%(a)
Knife
River
Corp.*
49
3,072
Smith-Midland
Corp.*
2
52
Titan
America
SA
21
313
United
States
Lime
&
Minerals,
Inc.
9
1,063
4,500
Investments
Shares
Value
Common
Stocks
(continued)
Consumer
Finance
—
0.2%
Atlanticus
Holdings
Corp.*
4
$
362
Bread
Financial
Holdings,
Inc.
34
3,552
Consumer
Portfolio
Services,
Inc.*
8
74
Dave,
Inc.*
9
3,236
Encore
Capital
Group,
Inc.*
18
1,746
Enova
International,
Inc.*
20
4,534
FirstCash
Holdings,
Inc.
35
7,506
Green
Dot
Corp.,
Class
a
A*
46
611
Happen,
Inc.*
96
1,688
Jefferson
Capital,
Inc.
19
395
LendingTree,
Inc.*
10
280
Medallion
Financial
Corp.
14
165
Navient
Corp.
54
514
Nelnet,
Inc.,
Class
a
A
13
1,629
NerdWallet,
Inc.,
Class
a
A*
28
277
Oportun
Financial
Corp.*
35
257
OppFi,
Inc.*
22
152
PRA
Group,
Inc.*
32
602
PROG
Holdings,
Inc.
33
1,258
Regional
Management
Corp.
7
225
Upstart
Holdings,
Inc.*
72
2,065
World
Acceptance
Corp.*
2
368
31,496
Consumer
Staples
Distribution
&
Retail
—
0.2%
Andersons,
Inc.
(The)
28
1,816
Chefs'
Warehouse,
Inc.
(The)*
31
3,487
Grocery
Outlet
Holding
Corp.*
79
944
Ingles
Markets,
Inc.,
Class
a
A
13
1,063
Natural
Grocers
by
Vitamin
Cottage,
Inc.
11
301
PriceSmart,
Inc.
22
3,740
United
Natural
Foods,
Inc.*
51
2,237
Village
Super
Market,
Inc.,
Class
a
A
8
346
Weis
Markets,
Inc.
11
782
Yesway,
Inc.,
Class
a
A*
13
324
15,040
Containers
&
Packaging
—
0.0%(a)
Ardagh
Metal
Packaging
SA
119
604
Greif,
Inc.,
Class
a
A
21
1,738
Greif,
Inc.,
Class
a
B
4
422
Myers
Industries,
Inc.
32
1,027
O-I
Glass,
Inc.*
131
952
Ranpak
Holdings
Corp.,
Class
a
A*
41
195
TriMas
Corp.
23
892
5,830
Distributors
—
0.0%(a)
GigaCloud
Technology,
Inc.,
Class
a
A*
21
1,019
Gold.
Com,
Inc.
17
764
Weyco
Group,
Inc.
5
224
2,007
AUGUST
31,
2026
(Unaudited)
::
HEDGE
REPLICATION
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
17
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Diversified
Consumer
Services
—
0.1%
American
Public
Education,
Inc.*
15
$
685
Carriage
Services,
Inc.,
Class
a
A
12
404
Coursera,
Inc.*
185
1,206
Covista,
Inc.*
29
3,838
Driven
Brands
Holdings,
Inc.*
51
633
Frontdoor,
Inc.*
60
4,852
Graham
Holdings
Co.,
Class
a
B
3
3,387
KinderCare
Learning
Cos.,
Inc.*
26
66
Laureate
Education,
Inc.*
103
3,866
Lincoln
Educational
Services
Corp.*
25
629
Matthews
International
Corp.,
Class
a
A
25
519
McGraw
Hill,
Inc.*
21
276
OneSpaWorld
Holdings
Ltd.
84
2,086
Perdoceo
Education
Corp.
53
1,762
Phoenix
Education
Partners,
Inc.
4
116
Strategic
Education,
Inc.
19
1,574
Stride,
Inc.*
35
3,034
Universal
Technical
Institute,
Inc.*
40
845
29,778
Diversified
REITs
—
0.1%
AH
Realty
Trust,
Inc.,
REIT
65
421
Alpine
Income
Property
Trust,
Inc.,
REIT
13
253
American
Assets
Trust,
Inc.,
REIT
42
943
Broadstone
Net
Lease,
Inc.,
REIT
163
3,400
CTO
Realty
Growth,
Inc.,
REIT
28
598
Essential
Properties
Realty
Trust,
Inc.,
REIT
185
5,550
Gladstone
Commercial
Corp.,
REIT
41
532
Global
Net
Lease,
Inc.,
REIT
178
1,634
NexPoint
Diversified
Real
Estate
Trust,
REIT
31
165
13,496
Diversified
Telecommunication
Services
—
0.1%
Anterix,
Inc.*
10
909
ATN
International,
Inc.
9
271
Bandwidth,
Inc.,
Class
a
A*
25
1,211
Cogent
Communications
Holdings,
Inc.
41
391
IDT
Corp.,
Class
a
B
14
955
Liberty
Capital
Corp.,
Class
a
A*
3
80
Liberty
Capital
Corp.,
Class
a
C*
28
729
Liberty
Latin
America
Ltd.,
Class
a
A*
26
224
Liberty
Latin
America
Ltd.,
Class
a
C*
109
932
Lumen
Technologies,
Inc.*
816
5,100
Shenandoah
Telecommunications
Co.
42
519
Investments
Shares
Value
Common
Stocks
(continued)
Uniti
Group,
Inc.*
143
$
1,419
12,740
Electric
Utilities
—
0.1%
Genie
Energy
Ltd.,
Class
a
B
18
267
Hawaiian
Electric
Industries,
Inc.*
139
1,560
MGE
Energy,
Inc.
32
2,486
Otter
Tail
Corp.
33
2,986
Portland
General
Electric
Co.
99
4,837
TXNM
Energy,
Inc.
87
5,012
17,148
Electrical
Equipment
—
0.1%
Allient,
Inc.
13
1,222
American
Superconductor
Corp.*
40
1,148
Amprius
Technologies,
Inc.*
115
1,136
Array
Technologies,
Inc.*
130
575
Atkore,
Inc.
29
2,717
Babcock
&
Wilcox
Enterprises,
Inc.*
113
852
ChargePoint
Holdings,
Inc.*
20
110
Energous
Corp.*
4
44
Energy
Vault
Holdings,
Inc.*
116
394
EnerSys
31
5,700
Enovix
Corp.*
167
564
Eos
Energy
Enterprises,
Inc.*
289
931
Espey
Mfg.
&
Electronics
Corp.
2
125
Fluence
Energy,
Inc.*
73
789
FuelCell
Energy,
Inc.*
47
810
GrafTech
International
Ltd.*
14
101
Hyliion
Holdings
Corp.*
107
371
LSI
Industries,
Inc.
28
549
NANO
Nuclear
Energy,
Inc.*
37
677
Net
Power,
Inc.*
35
62
NuScale
Power
Corp.,
Class
a
A*
273
2,531
Plug
Power,
Inc.*
1,151
2,486
Power
Solutions
International,
Inc.*
7
254
Preformed
Line
Products
Co.
2
802
SES
AI
Corp.*
211
110
Shoals
Technologies
Group,
Inc.,
Class
a
A*
143
990
Sunrun,
Inc.*
196
1,680
Tigo
Energy,
Inc.*
33
35
27,765
Electronic
Equipment,
Instruments
&
Components
—
0.1%
908
Devices,
Inc.*
24
256
ADI
Global
Distribution,
Inc.*
58
1,268
Aeva
Technologies,
Inc.*
23
360
Arlo
Technologies,
Inc.*
91
1,197
Badger
Meter,
Inc.
25
3,387
Bel
Fuse,
Inc.,
Class
a
A
1
205
Bel
Fuse,
Inc.,
Class
a
B
10
2,493
Belden,
Inc.
33
3,777
Benchmark
Electronics,
Inc.
30
2,108
Climb
Global
Solutions,
Inc.
14
399
Crane
NXT
Co.
42
2,054
HEDGE
REPLICATION
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
18
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
CTS
Corp.
24
$
1,355
Daktronics,
Inc.*
33
645
ePlus,
Inc.
22
1,935
Evolv
Technologies
Holdings,
Inc.*
138
719
Forward
Industries,
Inc.*
52
330
Frequency
Electronics,
Inc.*
6
362
Insight
Enterprises,
Inc.*
24
3,768
Itron,
Inc.*
37
3,589
Kimball
Electronics,
Inc.*
20
472
Knowles
Corp.*
72
2,461
LightPath
Technologies,
Inc.,
Class
a
A*
46
463
Lightwave
Logic,
Inc.*
135
733
Methode
Electronics,
Inc.
29
529
Mirion
Technologies,
Inc.,
Class
a
A*
203
3,059
M-Tron
Industries,
Inc.*
4
305
Napco
Security
Technologies,
Inc.
29
1,051
nLight,
Inc.*
47
1,987
Novanta,
Inc.*
30
4,387
OSI
Systems,
Inc.*
13
2,703
Ouster,
Inc.*
53
1,825
PC
Connection,
Inc.
9
719
Plexus
Corp.*
23
5,508
Powerfleet,
Inc.*
108
324
RF
Industries
Ltd.*
7
74
Richardson
Electronics
Ltd.
10
173
Rogers
Corp.*
15
1,884
ScanSource,
Inc.*
18
1,028
SmartRent,
Inc.,
Class
a
A*
144
192
Syntec
Optics
Holdings,
Inc.*
6
49
Unusual
Machines,
Inc.*
38
899
Vishay
Intertechnology,
Inc.
116
3,530
Vishay
Precision
Group,
Inc.*
10
618
Vuzix
Corp.*
58
151
65,331
Energy
Equipment
&
Services
—
0.4%
Archrock,
Inc.
147
4,633
Atlas
Energy
Solutions,
Inc.,
Class
a
A*
69
904
Borr
Drilling
Ltd.*
200
896
Bristow
Group,
Inc.,
Class
a
A
22
999
Cactus,
Inc.,
Class
a
A
59
4,149
Core
Laboratories,
Inc.
39
485
Energy
Services
of
America
Corp.
12
140
Expro
Ltd.*
70
1,268
Flowco
Holdings,
Inc.,
Class
a
A
30
658
Forum
Energy
Technologies,
Inc.*
9
738
Helix
Energy
Solutions
Group,
Inc.*
118
1,215
Helmerich
&
Payne,
Inc.
83
3,617
HMH
Holding,
Inc.,
Class
a
A*
9
173
Innovex
International,
Inc.*
38
1,165
Kodiak
Gas
Services,
Inc.
85
4,995
Liberty
Energy,
Inc.,
Class
a
A
135
2,661
Investments
Shares
Value
Common
Stocks
(continued)
Nabors
Industries
Ltd.*
12
$
1,124
National
Energy
Services
Reunited
Corp.*
52
1,826
Natural
Gas
Services
Group,
Inc.
10
352
Noble
Corp.
plc
108
4,950
Oceaneering
International,
Inc.*
85
4,400
Oil
States
International,
Inc.*
48
423
Patterson-UTI
Energy,
Inc.
295
3,729
ProFrac
Holding
Corp.,
Class
a
A*
24
122
ProPetro
Holding
Corp.*
84
954
Ranger
Energy
Services,
Inc.,
Class
a
A
16
267
RPC,
Inc.
86
562
SEACOR
Marine
Holdings,
Inc.*
19
181
Seadrill
Ltd.*
53
2,582
Select
Water
Solutions,
Inc.,
Class
a
A
96
1,872
Smart
Sand,
Inc.
25
132
Solaris
Energy
Infrastructure,
Inc.,
Class
a
A
45
2,285
TETRA
Technologies,
Inc.*
109
752
Tidewater,
Inc.*
42
3,911
Transocean
Ltd.*
829
4,816
Valaris
Ltd.*
48
4,146
68,082
Entertainment
—
0.2%
AMC
Entertainment
Holdings,
Inc.,
Class
a
A*
523
1,381
Atlanta
Braves
Holdings,
Inc.,
Class
a
A*
6
330
Atlanta
Braves
Holdings,
Inc.,
Class
a
C*
42
2,082
Cinemark
Holdings,
Inc.
89
3,169
CuriosityStream,
Inc.
35
94
IMAX
Corp.*
39
1,997
Lionsgate
Studios
Corp.*
167
1,892
Madison
Square
Garden
Entertainment
Corp.,
Class
a
A*
33
2,564
Marcus
Corp.
(The)
19
540
Playtika
Holding
Corp.
47
107
Reservoir
Media,
Inc.*
16
155
Sphere
Entertainment
Co.*
23
3,135
Starz
Entertainment
Corp.*
10
265
Stubhub
Holdings,
Inc.,
Class
a
A*
187
1,193
18,904
Financial
Services
—
0.4%
Acacia
Research
Corp.*
29
129
Alerus
Financial
Corp.
20
658
Better
Home
&
Finance
Holding
Co.*
7
97
Bladex,
Inc.,
Class
a
E
25
1,348
Burford
Capital
Ltd.
172
714
Cannae
Holdings,
Inc.
34
530
Cass
Information
Systems,
Inc.
10
561
Compass
Diversified
Holdings*
57
659
Dlocal
Ltd.,
Class
a
A
76
1,127
AUGUST
31,
2026
(Unaudited)
::
HEDGE
REPLICATION
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
19
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Enact
Holdings,
Inc.
23
$
1,109
Essent
Group
Ltd.
77
5,202
EVERTEC,
Inc.
52
1,541
Federal
Agricultural
Mortgage
Corp.,
Class
a
C
8
1,759
Finance
of
America
Cos.,
Inc.,
Class
a
A*
3
53
Flywire
Corp.*
101
1,908
HA
Sustainable
Infrastructure
Capital,
Inc.
108
4,271
International
Money
Express,
Inc.*
24
347
Jackson
Financial,
Inc.,
Class
a
A
56
7,472
loanDepot,
Inc.,
Class
a
A*
96
91
Marqeta,
Inc.,
Class
a
A*
74
1,215
Merchants
Bancorp
21
1,105
NCR
Atleos
Corp.*
62
2,847
NewtekOne,
Inc.
21
248
NMI
Holdings,
Inc.,
Class
a
A*
65
2,883
Onity
Group,
Inc.*
6
205
Pagseguro
Digital
Ltd.,
Class
a
A
140
1,263
Paymentus
Holdings,
Inc.,
Class
a
A*
50
1,780
Payoneer
Global,
Inc.*
222
1,578
Paysafe
Ltd.*
20
129
Paysign,
Inc.*
37
461
PennyMac
Financial
Services,
Inc.
25
1,828
Priority
Technology
Holdings,
Inc.*
29
154
Radian
Group,
Inc.
115
4,124
Remitly
Global,
Inc.*
159
4,252
Repay
Holdings
Corp.,
Class
a
A*
55
197
Security
National
Financial
Corp.,
Class
a
A*
15
130
Sezzle,
Inc.*
14
1,688
StoneCo
Ltd.,
Class
a
A
195
1,891
Velocity
Financial,
Inc.*
10
179
Walker
&
Dunlop,
Inc.
28
1,135
Waterstone
Financial,
Inc.
13
272
59,140
Food
Products
—
0.0%(a)
Alico,
Inc.
5
199
B&G
Foods,
Inc.
66
229
BRC,
Inc.,
Class
a
A*
6
48
Cal-Maine
Foods,
Inc.
37
2,920
Del
Monte
Corp.
28
887
Dole
plc
66
914
Flowers
Foods,
Inc.
160
1,107
Forafric
Global
plc*
5
54
J
&
J
Snack
Foods
Corp.
13
1,146
John
B
Sanfilippo
&
Son,
Inc.
7
516
Lifeway
Foods,
Inc.*
5
130
Limoneira
Co.
14
193
Mama's
Creations,
Inc.*
32
519
Marzetti
Co.
(The)
17
1,915
Mission
Produce,
Inc.*
48
611
Once
Upon
a
Farm
PBC*
11
191
Seneca
Foods
Corp.,
Class
a
A*
4
793
Investments
Shares
Value
Common
Stocks
(continued)
Simply
Good
Foods
Co.
(The)*
71
$
813
Utz
Brands,
Inc.
62
880
Vital
Farms,
Inc.*
31
331
Westrock
Coffee
Co.*
31
241
14,637
Gas
Utilities
—
0.1%
Brookfield
Infrastructure
Corp.,
Class
a
A
106
4,051
Chesapeake
Utilities
Corp.
20
2,671
New
Jersey
Resources
Corp.
86
4,587
Northwest
Natural
Holding
Co.
36
1,767
ONE
Gas,
Inc.
54
4,281
RGC
Resources,
Inc.
7
150
Southwest
Gas
Holdings,
Inc.
62
5,476
Spire,
Inc.
50
4,092
27,075
Ground
Transportation
—
0.0%(a)
ArcBest
Corp.
19
2,621
Covenant
Logistics
Group,
Inc.,
Class
a
A
13
460
FTAI
Infrastructure,
Inc.
92
320
Heartland
Express,
Inc.
33
408
Hertz
Global
Holdings,
Inc.*
108
245
Marten
Transport
Ltd.
50
721
PAMT
Corp.*
4
49
Proficient
Auto
Logistics,
Inc.*
21
106
RXO,
Inc.*
141
2,996
Universal
Logistics
Holdings,
Inc.
6
112
Werner
Enterprises,
Inc.
51
1,998
10,036
Health
Care
Equipment
&
Supplies
—
0.2%
Acme
United
Corp.
3
187
Alphatec
Holdings,
Inc.*
104
974
AngioDynamics,
Inc.*
31
500
Anteris
Technologies
Global
Corp.*
69
594
Artivion,
Inc.*
38
1,026
AtriCure,
Inc.*
42
2,031
Axogen,
Inc.*
44
2,233
Beta
Bionics,
Inc.*
34
678
Bioventus,
Inc.,
Class
a
A*
40
546
Butterfly
Network,
Inc.*
177
1,397
CapsoVision,
Inc.*
29
169
Carlsmed,
Inc.*
7
114
Ceribell,
Inc.*
23
552
Cerus
Corp.*
167
441
ClearPoint
Neuro,
Inc.*
24
363
CONMED
Corp.
26
1,296
CVRx,
Inc.*
13
38
Delcath
Systems,
Inc.*
24
395
DENTSPLY
SIRONA,
Inc.
172
1,921
Electromed,
Inc.*
6
168
Embecta
Corp.
50
257
Enovis
Corp.*
49
1,205
Establishment
Labs
Holdings,
Inc.*
23
1,595
HEDGE
REPLICATION
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
20
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Glaukos
Corp.*
48
$
8,619
Haemonetics
Corp.*
40
4,123
Hyperfine,
Inc.,
Class
a
A*
66
54
ICU
Medical,
Inc.*
21
3,632
Inogen,
Inc.*
21
113
Inspire
Medical
Systems,
Inc.*
24
1,512
Integer
Holdings
Corp.*
29
3,632
Integra
LifeSciences
Holdings
Corp.*
57
964
iRadimed
Corp.
7
605
IRhythm
Holdings,
Inc.*
28
3,330
Kestra
Medical
Technologies
Ltd.*
22
567
KORU
Medical
Systems,
Inc.*
38
125
Lantheus
Holdings,
Inc.*
55
5,553
LeMaitre
Vascular,
Inc.
18
1,445
LivaNova
plc*
47
3,751
Lucid
Diagnostics,
Inc.*
125
122
Merit
Medical
Systems,
Inc.*
50
4,533
MiniMed
Group,
Inc.*
24
486
Neogen
Corp.*
186
2,150
NeuroPace,
Inc.*
22
322
Novocure
Ltd.*
90
1,589
Omnicell,
Inc.*
38
1,336
OraSure
Technologies,
Inc.*
55
197
Orchestra
BioMed
Holdings,
Inc.*
33
166
Orthofix
Medical,
Inc.*
34
319
OrthoPediatrics
Corp.*
15
350
Procept
Biorobotics
Corp.*
47
996
Pro-Dex,
Inc.*
2
124
Pulse
Biosciences,
Inc.*
16
805
QuidelOrtho
Corp.*
58
837
RxSight,
Inc.*
33
242
Sanara
Medtech,
Inc.*
3
105
Senseonics
Holdings,
Inc.*
33
305
Shoulder
Innovations,
Inc.*
9
189
SI-BONE,
Inc.*
37
704
Sight
Sciences,
Inc.*
33
280
STAAR
Surgical
Co.*
28
633
Stereotaxis,
Inc.*
57
82
Strive,
Inc.,
Class
a
A*
53
1,284
Tactile
Systems
Technology,
Inc.*
19
437
Tandem
Diabetes
Care,
Inc.*
59
1,299
TransMedics
Group,
Inc.*
29
2,461
UFP
Technologies,
Inc.*
6
1,788
Utah
Medical
Products,
Inc.
3
213
Varex
Imaging
Corp.*
36
666
81,725
Health
Care
Providers
&
Services
—
0.3%
Acadia
Healthcare
Co.,
Inc.*
78
2,150
Accendra
Health,
Inc.*
60
73
AdaptHealth
Corp.,
Class
a
A*
86
481
Addus
HomeCare
Corp.*
16
1,835
agilon
health,
Inc.*
10
879
AirSculpt
Technologies,
Inc.*
8
20
Alignment
Healthcare,
Inc.*
171
2,291
AMN
Healthcare
Services,
Inc.*
33
1,131
Investments
Shares
Value
Common
Stocks
(continued)
Ardent
Health,
Inc.*
20
$
216
Astrana
Health,
Inc.*
38
1,448
Aveanna
Healthcare
Holdings,
Inc.*
66
886
BrightSpring
Health
Services,
Inc.*
137
8,001
Brookdale
Senior
Living,
Inc.*
201
2,370
Castle
Biosciences,
Inc.*
25
826
Clover
Health
Investments
Corp.,
Class
a
A*
353
1,465
Community
Health
Systems,
Inc.*
109
318
Concentra
Group
Holdings
Parent,
Inc.
99
3,340
CorVel
Corp.*
25
1,722
Fulgent
Genetics,
Inc.*
16
310
GeneDx
Holdings
Corp.,
Class
a
A*
17
1,442
Guardian
Pharmacy
Services,
Inc.,
Class
a
A*
15
556
HealthEquity,
Inc.*
71
6,854
Hims
&
Hers
Health,
Inc.*
181
5,354
Hinge
Health,
Inc.,
Class
a
A*
35
3,240
InfuSystem
Holdings,
Inc.*
16
194
Innovage
Holding
Corp.*
18
194
LifeStance
Health
Group,
Inc.*
161
1,990
Lumexa
Imaging
Holdings,
Inc.*
16
187
National
HealthCare
Corp.
11
2,382
NeoGenomics,
Inc.*
110
1,970
NRC
Health
10
209
Nutex
Health,
Inc.*
4
755
Omada
Health,
Inc.*
30
737
OPKO
Health,
Inc.*
338
497
Option
Care
Health,
Inc.*
134
3,142
PACS
Group,
Inc.*
39
1,650
Pediatrix
Medical
Group,
Inc.*
70
1,836
Pennant
Group,
Inc.
(The)*
29
1,066
Privia
Health
Group,
Inc.*
101
2,069
Progyny,
Inc.*
57
1,459
RadNet,
Inc.*
60
4,549
SBC
Medical
Group
Holdings,
Inc.*
16
64
Sonida
Senior
Living,
Inc.*
24
900
Starling
Oncology,
Inc.*
64
378
Strata
Critical
Medical,
Inc.*
57
323
Surgery
Partners,
Inc.*
67
931
U.S.
Physical
Therapy,
Inc.
13
1,011
Viemed
Healthcare,
Inc.*
29
256
75,957
Health
Care
REITs
—
0.1%
CareTrust
REIT,
Inc.
191
7,439
Chiron
Real
Estate,
Inc.,
REIT
11
402
Community
Healthcare
Trust,
Inc.,
REIT
23
338
Diversified
Healthcare
Trust,
REIT
187
1,416
LTC
Properties,
Inc.,
REIT
42
1,693
National
Health
Investors,
Inc.,
REIT
41
2,916
AUGUST
31,
2026
(Unaudited)
::
HEDGE
REPLICATION
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
21
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
National
Healthcare
Properties,
Inc.,
Class
a
A,
REIT
38
$
610
Sabra
Health
Care
REIT,
Inc.
214
4,363
Strawberry
Fields
REIT,
Inc.
7
94
Universal
Health
Realty
Income
Trust,
REIT
11
451
19,722
Health
Care
Technology
—
0.0%(a)
Certara,
Inc.*
97
804
Claritev
Corp.*
8
319
Evolent
Health,
Inc.,
Class
a
A*
96
432
HealthStream,
Inc.
20
581
HeartFlow,
Inc.*
67
3,376
LifeMD,
Inc.*
34
105
Phreesia,
Inc.*
42
513
Schrodinger,
Inc.*
49
955
Simulations
Plus,
Inc.*
14
258
Teladoc
Health,
Inc.*
153
970
Waystar
Holding
Corp.*
94
2,461
10,774
Hotel
&
Resort
REITs
—
0.1%
Apple
Hospitality
REIT,
Inc.
185
2,951
Braemar
Hotels
&
Resorts,
Inc.,
REIT
49
99
Chatham
Lodging
Trust,
REIT
38
495
DiamondRock
Hospitality
Co.,
REIT
174
2,142
Park
Hotels
&
Resorts,
Inc.,
REIT
158
2,417
Pebblebrook
Hotel
Trust,
REIT
95
1,721
RLJ
Lodging
Trust,
REIT
105
1,159
Ryman
Hospitality
Properties,
Inc.,
REIT
57
7,225
Service
Properties
Trust,
REIT
99
772
Summit
Hotel
Properties,
Inc.,
REIT
88
515
Sunstone
Hotel
Investors,
Inc.,
REIT
153
1,709
Xenia
Hotels
&
Resorts,
Inc.,
REIT
79
1,481
22,686
Hotels,
Restaurants
&
Leisure
—
0.3%
Accel
Entertainment,
Inc.,
Class
a
A*
44
512
Bally's
Corp.*
9
81
Biglari
Holdings,
Inc.,
Class
a
B*
1
388
BJ's
Restaurants,
Inc.*
16
1,017
Black
Rock
Coffee
Bar,
Inc.,
Class
a
A*
15
143
Bloomin'
Brands,
Inc.*
72
742
Brightstar
Lottery
plc
82
924
Brinker
International,
Inc.*
36
8,226
Cheesecake
Factory,
Inc.
(The)
40
4,380
Cracker
Barrel
Old
Country
Store,
Inc.
19
1,050
Dave
&
Buster's
Entertainment,
Inc.*
23
206
Dine
Brands
Global,
Inc.
11
364
Investments
Shares
Value
Common
Stocks
(continued)
El
Pollo
Loco
Holdings,
Inc.*
24
$
366
First
Watch
Restaurant
Group,
Inc.*
52
659
Genius
Sports
Ltd.*
200
1,484
Global
Business
Travel
Group
I*
106
1,003
Hilton
Grand
Vacations,
Inc.*
48
2,036
Inspired
Entertainment,
Inc.*
21
122
Jack
in
the
Box,
Inc.*
15
248
Krispy
Kreme,
Inc.*
67
229
Kura
Sushi
USA,
Inc.,
Class
a
A*
6
274
Life
Time
Group
Holdings,
Inc.*
123
5,168
Lindblad
Expeditions
Holdings,
Inc.*
42
1,116
Marriott
Vacations
Worldwide
Corp.
24
2,502
Monarch
Casino
&
Resort,
Inc.
10
1,204
Nathan's
Famous,
Inc.
2
196
Navan,
Inc.,
Class
a
A*
88
2,557
Papa
John's
International,
Inc.
28
657
Penn
Entertainment,
Inc.*
108
1,805
Portillo's,
Inc.,
Class
a
A*
56
256
Pursuit
Attractions
and
Hospitality,
Inc.*
18
864
RCI
Hospitality
Holdings,
Inc.
6
175
Red
Rock
Resorts,
Inc.,
Class
a
A
40
2,246
Rush
Street
Interactive,
Inc.*
85
2,190
Sabre
Corp.*
286
621
Serve
Robotics,
Inc.*
60
292
Shake
Shack,
Inc.,
Class
a
A*
33
2,273
Six
Flags
Entertainment
Corp.*
81
1,219
Super
Group
SGHC
Ltd.
138
1,869
Sweetgreen,
Inc.,
Class
a
A*
89
619
Target
Hospitality
Corp.*
34
630
United
Parks
&
Resorts,
Inc.*
17
680
Venu
Holding
Corp.*
40
77
Wendy's
Co.
(The)
136
1,129
Xponential
Fitness,
Inc.,
Class
a
A*
30
163
54,962
Household
Durables
—
0.2%
Beazer
Homes
USA,
Inc.*
21
697
Cavco
Industries,
Inc.*
7
3,914
Century
Communities,
Inc.
21
1,419
Champion
Homes,
Inc.*
47
4,196
Cricut,
Inc.,
Class
a
A
42
248
Dream
Finders
Homes,
Inc.,
Class
a
A*
24
337
Ethan
Allen
Interiors,
Inc.
20
473
Flexsteel
Industries,
Inc.
3
239
GoPro,
Inc.,
Class
a
A*
113
99
Green
Brick
Partners,
Inc.*
26
1,878
Hamilton
Beach
Brands
Holding
Co.,
Class
a
A
6
188
Helen
of
Troy
Ltd.*
20
602
Hovnanian
Enterprises,
Inc.,
Class
a
A*
4
497
Installed
Building
Products,
Inc.
20
4,857
KB
Home
51
2,718
La-Z-Boy,
Inc.
34
1,076
HEDGE
REPLICATION
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
22
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Legacy
Housing
Corp.*
7
$
197
LGI
Homes,
Inc.*
18
1,007
Lifetime
Brands,
Inc.
10
95
Lovesac
Co.
(The)*
12
187
M/I
Homes,
Inc.*
22
3,274
Meritage
Homes
Corp.
56
3,888
Newell
Brands,
Inc.
361
2,256
Sonos,
Inc.*
102
1,591
XMAX,
Inc.*
51
457
36,390
Household
Products
—
0.0%(a)
Central
Garden
&
Pet
Co.*
7
301
Central
Garden
&
Pet
Co.,
Class
a
A*
42
1,563
Energizer
Holdings,
Inc.
52
1,133
Oil-Dri
Corp.
of
America
8
720
Spectrum
Brands
Holdings,
Inc.
19
1,640
WD-40
Co.
12
2,570
7,927
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
Hallador
Energy
Co.*
30
497
Montauk
Renewables,
Inc.*
57
98
Ormat
Technologies,
Inc.
53
5,406
6,001
Industrial
Conglomerates
—
0.0%(a)
Brookfield
Business
Corp.,
Class
a
A
59
1,616
Industrial
REITs
—
0.1%
Industrial
Logistics
Properties
Trust,
REIT
48
396
Innovative
Industrial
Properties,
Inc.,
REIT
24
1,366
LXP
Industrial
Trust,
REIT
49
2,975
One
Liberty
Properties,
Inc.,
REIT
15
359
Terreno
Realty
Corp.,
REIT
90
5,959
11,055
Insurance
—
0.3%
Abacus
Global
Management,
Inc.
24
230
Accelerant
Holdings,
Class
a
A*
51
1,006
American
Coastal
Insurance
Corp.
21
199
American
Integrity
Insurance
Group,
Inc.
10
260
AMERISAFE,
Inc.
16
417
Ategrity
Specialty
Holdings
LLC*
8
210
Baldwin
Insurance
Group,
Inc.
(The),
Class
a
A*
82
2,530
Bowhead
Specialty
Holdings,
Inc.*
15
503
Citizens,
Inc.,
Class
a
A*
39
147
CNO
Financial
Group,
Inc.
79
4,328
Crawford
&
Co.,
Class
a
A
14
184
Investments
Shares
Value
Common
Stocks
(continued)
Donegal
Group,
Inc.,
Class
a
A
14
$
268
Employers
Holdings,
Inc.
16
785
Exzeo
Group,
Inc.*
7
117
F&G
Annuities
&
Life,
Inc.
30
714
Genworth
Financial,
Inc.,
Class
a
A*
324
3,221
Goosehead
Insurance,
Inc.,
Class
a
A*
20
1,373
Greenlight
Capital
Re
Ltd.,
Class
a
A*
22
334
Hamilton
Insurance
Group
Ltd.,
Class
a
B
39
1,371
HCI
Group,
Inc.
9
1,672
Heritage
Insurance
Holdings,
Inc.*
21
706
Hippo
Holdings,
Inc.*
16
526
Horace
Mann
Educators
Corp.
34
1,730
Investors
Title
Co.
1
294
James
River
Group
Holdings,
Inc.
31
124
Kemper
Corp.
50
1,409
Kingstone
Cos.,
Inc.
10
196
Kingsway
Corp.*
18
186
Lemonade,
Inc.*
60
3,134
MBIA,
Inc.*
39
188
Mercury
General
Corp.
23
2,345
Neptune
Insurance
Holdings,
Inc.,
Class
a
A*
32
1,066
NI
Holdings,
Inc.*
6
90
Octave
Specialty
Group,
Inc.*
35
153
Oscar
Health,
Inc.,
Class
a
A*
202
6,052
Palomar
Holdings,
Inc.
22
2,917
Pelagos
Insurance
Capital
Ltd.
37
903
Porch
Group,
Inc.*
82
1,393
Root,
Inc.,
Class
a
A*
11
610
Safety
Insurance
Group,
Inc.
12
1,245
Selective
Insurance
Group,
Inc.
51
4,656
SiriusPoint
Ltd.*
89
2,153
Skyward
Specialty
Insurance
Group,
Inc.*
35
2,009
Slide
Insurance
Holdings,
Inc.
56
1,302
Stewart
Information
Services
Corp.
26
1,785
Tiptree,
Inc.,
Class
a
A
20
370
Trupanion,
Inc.*
28
816
United
Fire
Group,
Inc.
18
970
Universal
Insurance
Holdings,
Inc.
21
903
60,100
Interactive
Media
&
Services
—
0.0%(a)
Angi,
Inc.,
Class
a
A*
25
116
Bumble,
Inc.,
Class
a
A*
85
233
Cargurus,
Inc.,
Class
a
A*
63
2,247
Cars.com,
Inc.*
38
445
EverQuote,
Inc.,
Class
a
A*
24
611
fuboTV,
Inc.,
Class
a
A*
24
253
Grindr,
Inc.*
22
341
MediaAlpha,
Inc.,
Class
a
A*
26
328
Nextdoor
Holdings,
Inc.*
197
443
QuinStreet,
Inc.*
46
894
AUGUST
31,
2026
(Unaudited)
::
HEDGE
REPLICATION
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
23
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
RUM
Group,
Inc.*
95
$
851
Shutterstock,
Inc.
22
122
Taboola.com
Ltd.*
107
399
TripAdvisor,
Inc.*
96
914
Trump
Media
&
Technology
Group
Corp.*
137
1,338
Webtoon
Entertainment,
Inc.*
18
190
WeShop
Holdings
Ltd.,
Class
a
A*
1
5
Yelp,
Inc.,
Class
a
A*
45
1,006
Ziff
Davis,
Inc.*
29
1,599
ZipRecruiter,
Inc.,
Class
a
A*
55
234
ZoomInfo
Technologies,
Inc.,
Class
a
A*
207
878
13,447
IT
Services
—
0.0%(a)
Backblaze,
Inc.,
Class
a
A*
49
692
BigBear.ai
Holdings,
Inc.*
410
1,283
Brand
Engagement
Network,
Inc.*
4
45
Commerce.com,
Inc.,
Series
1*
64
154
Crexendo,
Inc.*
16
98
DXC
Technology
Co.*
144
1,627
Everforth,
Inc.*
34
1,102
Fastly,
Inc.,
Class
a
A*
129
2,940
Globant
SA*
36
1,466
Grid
Dynamics
Holdings,
Inc.*
56
447
Hackett
Group,
Inc.
(The)
19
213
Information
Services
Group,
Inc.
29
148
Rackspace
Technology,
Inc.*
77
241
SharonAI
Holdings,
Inc.*
4
219
TSS,
Inc.*
21
165
Tucows,
Inc.,
Class
a
A*
6
63
Unisys
Corp.*
55
149
Whitefiber,
Inc.*
10
189
11,241
Leisure
Products
—
0.0%(a)
Acushnet
Holdings
Corp.
23
1,987
Callaway
Golf
Co.*
118
1,854
Escalade,
Inc.
7
141
Funko,
Inc.,
Class
a
A*
36
242
JAKKS
Pacific,
Inc.
8
201
Johnson
Outdoors,
Inc.,
Class
a
A
5
225
Latham
Group,
Inc.*
43
304
Malibu
Boats,
Inc.,
Class
a
A*
17
458
MasterCraft
Boat
Holdings,
Inc.*
15
349
Peloton
Interactive,
Inc.,
Class
a
A*
343
1,838
Polaris,
Inc.
46
2,969
Smith
&
Wesson
Brands,
Inc.
38
483
Sturm
Ruger
&
Co.,
Inc.
12
456
Tron,
Inc.*
43
75
11,582
Investments
Shares
Value
Common
Stocks
(continued)
Life
Sciences
Tools
&
Services
—
0.1%
10X
Genomics,
Inc.,
Class
a
A*
100
$
6,245
Adaptive
Biotechnologies
Corp.*
129
3,215
Alamar
Biosciences,
Inc.*
11
336
Alpha
Teknova,
Inc.*
9
65
Azenta,
Inc.*
35
1,143
BioLife
Solutions,
Inc.*
36
1,335
Codexis,
Inc.*
73
124
CryoPort,
Inc.*
42
672
Cytek
Biosciences,
Inc.*
102
488
Fortrea
Holdings,
Inc.*
81
1,488
Ginkgo
Bioworks
Holdings,
Inc.*
40
272
Lifecore
Biomedical,
Inc.*
24
107
Maravai
LifeSciences
Holdings,
Inc.,
Class
a
A*
95
726
Mesa
Laboratories,
Inc.
4
511
Nautilus
Biotechnology,
Inc.,
Class
a
A*
42
41
OmniAb,
Inc.*
92
403
Pacific
Biosciences
of
California,
Inc.*
237
321
Personalis,
Inc.*
57
956
Quanterix
Corp.*
36
96
18,544
Machinery
—
0.5%
3D
Systems
Corp.*
122
400
Aebi
Schmidt
Holding
AG
32
405
AirJoule
Technologies
Corp.*
27
122
Alamo
Group,
Inc.
9
1,481
Albany
International
Corp.,
Class
a
A
24
1,330
Alliance
Laundry
Holdings,
Inc.*
53
1,214
Astec
Industries,
Inc.
20
851
Atmus
Filtration
Technologies,
Inc.
70
3,306
Blue
Bird
Corp.*
27
1,570
CECO
Environmental
Corp.*
44
3,133
Columbus
McKinnon
Corp.
24
424
Commercial
Vehicle
Group,
Inc.*
26
81
Douglas
Dynamics,
Inc.
20
821
Elmet
Group
Co.
(The)*
8
131
Energy
Recovery,
Inc.*
44
339
Enerpac
Tool
Group
Corp.,
Class
a
A
44
1,642
Enpro,
Inc.
18
5,332
ESCO
Technologies,
Inc.
22
6,007
Federal
Signal
Corp.
51
5,967
Franklin
Electric
Co.,
Inc.
32
3,203
FreightCar
America,
Inc.*
12
83
Gencor
Industries,
Inc.*
9
167
Gorman-Rupp
Co.
(The)
18
1,357
Graham
Corp.*
9
785
Greenbrier
Cos.,
Inc.
(The)
26
1,172
Helios
Technologies,
Inc.
28
2,045
Hillman
Solutions
Corp.*
167
1,286
HEDGE
REPLICATION
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
24
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Hyster-Yale,
Inc.
9
$
305
JBT
Marel
Corp.
45
5,259
Kadant,
Inc.
10
2,991
Kennametal,
Inc.
65
1,907
L
B
Foster
Co.,
Class
a
A*
8
300
Lindsay
Corp.
9
1,034
Luxfer
Holdings
plc
23
395
Manitowoc
Co.,
Inc.
(The)*
30
583
Mayville
Engineering
Co.,
Inc.*
12
232
Microvast
Holdings,
Inc.*
177
127
Miller
Industries,
Inc.
9
504
Mueller
Water
Products,
Inc.,
Class
a
A
132
3,186
Omega
Flex,
Inc.
3
80
Palladyne
AI
Corp.*
30
171
Park-Ohio
Holdings
Corp.
8
361
Perma-Pipe
International
Holdings,
Inc.*
6
165
Proto
Labs,
Inc.*
20
1,601
Richtech
Robotics,
Inc.,
Class
a
B*
157
294
Standex
International
Corp.
10
2,897
Taylor
Devices,
Inc.*
3
180
Tennant
Co.
15
1,044
Terex
Corp.
97
6,160
Titan
International,
Inc.*
45
324
Trinity
Industries,
Inc.
68
1,960
Twin
Disc,
Inc.
10
229
Velo3D,
Inc.*
14
167
Wabash
National
Corp.
33
445
Worthington
Enterprises,
Inc.
26
1,493
79,048
Marine
Transportation
—
0.1%
Costamare
Bulkers
Holdings
Ltd.*
7
143
Costamare,
Inc.
38
581
Genco
Shipping
&
Trading
Ltd.
27
708
Himalaya
Shipping
Ltd.
25
419
Matson,
Inc.
26
5,845
Pangaea
Logistics
Solutions
Ltd.
30
244
Safe
Bulkers,
Inc.
46
397
8,337
Media
—
0.0%(a)
Advantage
Solutions,
Inc.*
4
132
AMC
Global
Media,
Inc.,
Class
a
A*
27
340
Boston
Omaha
Corp.,
Class
a
A*
18
248
Cable
One,
Inc.*
4
109
Clear
Channel
Outdoor
Holdings,
Inc.*
328
777
DoubleVerify
Holdings,
Inc.*
118
1,581
Entravision
Communications
Corp.,
Class
a
A
54
431
EW
Scripps
Co.
(The),
Class
a
A*
48
159
Gray
Media,
Inc.
74
361
Ibotta,
Inc.,
Class
a
A*
8
298
iHeartMedia,
Inc.,
Class
a
A*
103
280
Investments
Shares
Value
Common
Stocks
(continued)
John
Wiley
&
Sons,
Inc.,
Class
a
A
33
$
1,729
Lee
Enterprises,
Inc.*
6
48
Magnite,
Inc.*
121
2,842
MNTN,
Inc.,
Class
a
A*
39
513
National
CineMedia,
Inc.
56
141
Newsmax,
Inc.,
Class
a
B*
40
430
Nexxen
International
Ltd.*
25
244
Optimum
Communications,
Inc.,
Class
a
A*
224
218
PubMatic,
Inc.,
Class
a
A*
33
549
Scholastic
Corp.
13
499
Sinclair,
Inc.
35
493
Stagwell,
Inc.,
Class
a
A*
88
764
TechTarget,
Inc.*
26
101
USA
Today
Co.,
Inc.*
115
723
14,010
Metals
&
Mining
—
0.3%
Alpha
Metallurgical
Resources,
Inc.*
9
2,121
American
Battery
Technology
Co.*
109
294
Ampco-Pittsburgh
Corp.*
14
120
Caledonia
Mining
Corp.
plc
14
354
Century
Aluminum
Co.*
59
2,700
Commercial
Metals
Co.
95
6,410
Compass
Minerals
International,
Inc.*
27
671
Constellium
SE,
Class
a
A*
114
3,013
Contango
Silver
&
Gold,
Inc.*
22
429
Critical
Metals
Corp.*
57
411
Dakota
Gold
Corp.*
98
596
Elemental
Royalty
Corp.
30
646
Ferroglobe
plc
101
415
Friedman
Industries,
Inc.
6
259
Hycroft
Mining
Holding
Corp.,
Class
a
A*
46
1,078
Idaho
Strategic
Resources,
Inc.*
13
423
Ivanhoe
Electric,
Inc.*
102
1,128
Kaiser
Aluminum
Corp.
14
2,223
Lifezone
Metals
Ltd.*
33
153
Materion
Corp.
18
4,249
McEwen,
Inc.*
44
887
Metallus,
Inc.*
31
605
NioCorp
Developments
Ltd.*
120
503
Novagold
Resources,
Inc.*
293
2,520
Perpetua
Resources
Corp.*
72
1,796
Ramaco
Resources,
Inc.,
Class
a
A*
37
527
Ramaco
Resources,
Inc.,
Class
a
B*
6
45
REalloys,
Inc.*
48
497
Ryerson
Holding
Corp.
38
952
Silver
Bow
Mining
Corp.*
4
35
SSR
Mining,
Inc.
185
6,958
SunCoke
Energy,
Inc.
72
744
Tredegar
Corp.*
23
177
U.S.
Gold
Corp.*
12
190
U.S.
GoldMining,
Inc.*
2
18
AUGUST
31,
2026
(Unaudited)
::
HEDGE
REPLICATION
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
25
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
United
States
Antimony
Corp.*
112
$
545
USA
Rare
Earth,
Inc.*
163
2,905
Vista
Gold
Corp.*
121
264
Vox
Royalty
Corp.
52
286
Warrior
Met
Coal,
Inc.
45
4,871
Worthington
Steel,
Inc.
28
965
53,983
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.0%(a)
ACRES
Commercial
Realty
Corp.*
5
70
Adamas
Trust,
Inc.
72
701
Angel
Oak
Mortgage
REIT,
Inc.
14
116
Arbor
Realty
Trust,
Inc.
161
807
Ares
Commercial
Real
Estate
Corp.
45
206
ARMOUR
Residential
REIT,
Inc.
107
1,736
Blackstone
Mortgage
Trust,
Inc.,
Class
a
A
136
1,890
BrightSpire
Capital,
Inc.,
Class
a
A
104
494
Chicago
Atlantic
Real
Estate
Finance,
Inc.
16
174
Chimera
Investment
Corp.
72
825
Claros
Mortgage
Trust,
Inc.*
81
129
Dynex
Capital,
Inc.
184
2,372
Ellington
Financial,
Inc.
105
1,405
Franklin
BSP
Realty
Trust,
Inc.
65
544
Invesco
Mortgage
Capital,
Inc.
77
563
KKR
Real
Estate
Finance
Trust,
Inc.
45
343
Ladder
Capital
Corp.,
Class
a
A
96
941
MFA
Financial,
Inc.
86
759
Nexpoint
Real
Estate
Finance,
Inc.
6
103
Orchid
Island
Capital,
Inc.
173
1,140
PennyMac
Mortgage
Investment
Trust
74
690
Ready
Capital
Corp.
122
216
Redwood
Trust,
Inc.
106
490
Seven
Hills
Realty
Trust
19
144
TPG
Mortgage
Investment
Trust,
Inc.
25
168
TPG
RE
Finance
Trust,
Inc.
60
464
17,490
Multi-Utilities
—
0.0%(a)
Avista
Corp.
70
2,601
Black
Hills
Corp.
65
4,659
Northwestern
Energy
Group,
Inc.
53
3,665
Unitil
Corp.
15
803
11,728
Office
REITs
—
0.0%(a)
Brandywine
Realty
Trust,
REIT
143
432
COPT
Defense
Properties,
REIT
97
3,492
Douglas
Emmett,
Inc.,
REIT
139
1,607
Easterly
Government
Properties,
Inc.,
Class
a
A,
REIT
37
908
Investments
Shares
Value
Common
Stocks
(continued)
Empire
State
Realty
Trust,
Inc.,
Class
a
A,
REIT
121
$
548
Highwoods
Properties,
Inc.,
REIT
94
2,876
Hudson
Pacific
Properties,
Inc.,
REIT*
46
578
JBG
SMITH
Properties,
REIT
51
615
NET
Lease
Office
Properties,
REIT
13
148
Orion
Properties,
Inc.,
REIT
45
128
Piedmont
Realty
Trust,
Inc.,
Class
a
A,
REIT*
106
1,014
Postal
Realty
Trust,
Inc.,
Class
a
A,
REIT
22
516
SL
Green
Realty
Corp.,
REIT
61
3,415
16,277
Oil,
Gas
&
Consumable
Fuels
—
0.4%
Aemetis,
Inc.*
54
101
American
Resources
Corp.
74
175
Amplify
Energy
Corp.*
30
148
Ardmore
Shipping
Corp.
30
522
BKV
Corp.*
27
652
California
Resources
Corp.
62
3,288
Calumet,
Inc.*
58
2,884
Centrus
Energy
Corp.,
Class
a
A*
16
2,742
Clean
Energy
Fuels
Corp.*
138
219
CNX
Resources
Corp.*
116
4,220
Comstock
Resources,
Inc.*
60
866
Comstock,
Inc.*
62
205
Core
Natural
Resources,
Inc.
43
4,399
Crescent
Energy
Co.,
Class
a
A
218
2,984
CVR
Energy,
Inc.
25
1,047
Delek
US
Holdings,
Inc.
51
3,791
DHT
Holdings,
Inc.
124
2,430
Diversified
Energy
Co.
60
893
Dorian
LPG
Ltd.
32
1,601
Encore
Energy
Corp.*
164
205
Energy
Fuels,
Inc.*
219
3,230
Epsilon
Energy
Ltd.
17
106
Evolution
Petroleum
Corp.
27
100
Excelerate
Energy,
Inc.,
Class
a
A
20
792
FLEX
LNG
Ltd.
27
855
FutureFuel
Corp.
22
116
Gevo,
Inc.*
201
334
Golar
LNG
Ltd.
83
4,274
Granite
Ridge
Resources,
Inc.
47
236
Green
Plains,
Inc.*
58
838
Gulfport
Energy
Corp.*
13
2,333
HighPeak
Energy,
Inc.
19
156
Infinity
Natural
Resources,
Inc.,
Class
a
A*
14
216
International
Seaways,
Inc.
35
3,452
Kinetik
Holdings,
Inc.,
Class
a
A
43
2,358
Kolibri
Global
Energy,
Inc.*
25
151
Kosmos
Energy
Ltd.*
499
1,427
Lightbridge
Corp.*
29
218
Magnolia
Oil
&
Gas
Corp.,
Class
a
A
195
5,236
Murphy
Oil
Corp.
116
4,225
HEDGE
REPLICATION
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
26
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
NACCO
Industries,
Inc.,
Class
a
A
3
$
128
Navigator
Holdings
Ltd.
31
685
New
Era
Energy
&
Digital,
Inc.*
67
318
NextDecade
Corp.*
141
1,063
Nordic
American
Tankers
Ltd.
173
1,182
Northern
Oil
&
Gas,
Inc.
88
2,289
OPAL
Fuels,
Inc.,
Class
a
A*
18
36
Par
Pacific
Holdings,
Inc.*
41
3,277
PBF
Energy,
Inc.,
Class
a
A
83
6,058
Peabody
Energy
Corp.
104
3,088
PEDEVCO
Corp.*
1
14
PrimeEnergy
Resources
Corp.*
1
211
REX
American
Resources
Corp.*
25
1,027
Riley
Exploration
Permian,
Inc.
13
507
Ring
Energy,
Inc.*
161
237
Sable
Offshore
Corp.*
112
541
SandRidge
Energy,
Inc.
27
381
Scorpio
Tankers,
Inc.
39
3,076
SFL
Corp.
Ltd.
104
1,295
SM
Energy
Co.
205
7,622
Summit
Midstream
Corp.*
8
279
Talos
Energy,
Inc.*
107
1,847
Teekay
Corp.
Ltd.
47
619
Teekay
Tankers
Ltd.,
Class
a
A
21
1,882
Uranium
Energy
Corp.*
415
5,080
Ur-Energy,
Inc.*
319
453
VAALCO
Energy,
Inc.
87
517
Vitesse
Energy,
Inc.
27
472
W&T
Offshore,
Inc.
82
304
World
Kinect
Corp.
42
1,502
110,015
Paper
&
Forest
Products
—
0.0%(a)
Clearwater
Paper
Corp.*
13
273
Magnera
Corp.*
28
352
Sylvamo
Corp.
28
1,006
1,631
Passenger
Airlines
—
0.0%(a)
Allegiant
Travel
Co.*
20
1,521
flyExclusive,
Inc.*
12
14
Frontier
Group
Holdings,
Inc.*
50
285
JetBlue
Airways
Corp.*
286
1,316
Joby
Aviation,
Inc.*
569
3,892
Republic
Airways
Holdings,
Inc.*
12
209
SkyWest,
Inc.*
34
3,218
Wheels
Up
Experience,
Inc.,
Class
a
A*
5
22
10,477
Personal
Care
Products
—
0.0%(a)
BellRing
Brands,
Inc.*
100
1,077
Coty,
Inc.,
Class
a
A*
304
866
Edgewell
Personal
Care
Co.
40
1,149
Herbalife
Ltd.*
86
945
Honest
Co.,
Inc.
(The)*
81
463
Interparfums,
Inc.
16
1,879
Investments
Shares
Value
Common
Stocks
(continued)
Nature's
Sunshine
Products,
Inc.*
12
$
170
Niagen
Bioscience,
Inc.*
49
153
Nu
Skin
Enterprises,
Inc.,
Class
a
A
41
192
Oddity
Tech
Ltd.,
Class
a
A*
34
490
USANA
Health
Sciences,
Inc.*
9
128
7,512
Pharmaceuticals
—
0.2%
Aclaris
Therapeutics,
Inc.*
99
599
Alto
Neuroscience,
Inc.*
22
778
Alumis,
Inc.*
66
1,439
Amneal
Pharmaceuticals,
Inc.*
143
2,498
Amphastar
Pharmaceuticals,
Inc.*
27
608
Amylyx
Pharmaceuticals,
Inc.*
87
2,936
AN2
Therapeutics,
Inc.*
22
122
ANI
Pharmaceuticals,
Inc.*
17
1,245
Aquestive
Therapeutics,
Inc.*
91
465
Arvinas,
Inc.*
50
460
AtaiBeckley,
Inc.*
269
1,974
Atea
Pharmaceuticals,
Inc.*
59
316
Avalyn
Pharma,
Inc.*
14
486
BioAge
Labs,
Inc.*
29
276
Collegium
Pharmaceutical,
Inc.*
28
689
Context
Therapeutics,
Inc.*
78
30
Contineum
Therapeutics,
Inc.,
Class
a
A*
23
374
CorMedix,
Inc.*
63
520
Crinetics
Pharmaceuticals,
Inc.*
87
7,391
Definium
Therapeutics,
Inc.*
109
4,329
Edgewise
Therapeutics,
Inc.*
60
2,506
Enliven
Therapeutics,
Inc.*
36
2,084
Eton
Pharmaceuticals,
Inc.*
22
1,330
Evolus,
Inc.*
50
454
EyePoint,
Inc.*
65
292
Fulcrum
Therapeutics,
Inc.*
50
194
Harmony
Biosciences
Holdings,
Inc.*
38
1,496
Harrow,
Inc.*
27
997
Indivior
Pharmaceuticals,
Inc.*
101
3,528
Innoviva,
Inc.*
63
1,309
LB
Pharmaceuticals,
Inc.*
19
898
LENZ
Therapeutics,
Inc.*
17
89
Lexicon
Pharmaceuticals,
Inc.*
209
470
Ligand
Pharmaceuticals,
Inc.*
17
4,830
Liquidia
Corp.*
59
4,022
Maze
Therapeutics,
Inc.*
30
797
MBX
Biosciences,
Inc.*
26
1,602
MediWound
Ltd.*
9
113
Nektar
Therapeutics*
29
2,070
Neumora
Therapeutics,
Inc.*
86
114
Nuvation
Bio,
Inc.*
211
1,405
Ocular
Therapeutix,
Inc.*
173
1,815
Omeros
Corp.*
61
1,146
Oramed
Pharmaceuticals,
Inc.
29
146
Pacira
BioSciences,
Inc.*
33
855
Perrigo
Co.
plc
118
1,728
Phathom
Pharmaceuticals,
Inc.*
41
392
AUGUST
31,
2026
(Unaudited)
::
HEDGE
REPLICATION
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
27
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Phibro
Animal
Health
Corp.,
Class
a
A
18
$
679
Prestige
Consumer
Healthcare,
Inc.*
40
2,071
Rapport
Therapeutics,
Inc.*
26
1,265
Relmada
Therapeutics,
Inc.*
79
344
Septerna,
Inc.*
19
725
SIGA
Technologies,
Inc.
35
110
SpyGlass
Pharma,
Inc.*
9
235
Supernus
Pharmaceuticals,
Inc.*
47
2,078
Tarsus
Pharmaceuticals,
Inc.*
35
2,598
Theravance
Biopharma,
Inc.*
34
579
Third
Harmonic
Bio,
Inc.*‡
30
—
Trevi
Therapeutics,
Inc.*
90
1,494
VeraDermics,
Inc.*
18
1,771
Wave
Life
Sciences,
Inc.*
116
568
Xeris
Biopharma
Holdings,
Inc.*
144
1,215
Zevra
Therapeutics,
Inc.*
49
575
80,524
Professional
Services
—
0.0%(a)
Asure
Software,
Inc.*
20
182
Barrett
Business
Services,
Inc.
20
688
BlackSky
Technology,
Inc.*
28
647
CBIZ,
Inc.*
41
2,234
Clarivate
plc*
294
603
Concentrix
Corp.
36
1,084
Conduent,
Inc.*
121
208
CRA
International,
Inc.
5
872
Exponent,
Inc.
41
2,911
Falcon's
Beyond
Global,
Inc.,
Class
a
A*
23
206
First
Advantage
Corp.*
78
1,640
Franklin
Covey
Co.*
8
163
HireQuest,
Inc.
5
80
Huron
Consulting
Group,
Inc.*
14
2,238
IBEX
Holdings
Ltd.*
8
308
ICF
International,
Inc.
15
1,336
Innodata,
Inc.*
27
1,523
Insperity,
Inc.
31
1,654
Kelly
Services,
Inc.,
Class
a
A
25
430
Kforce,
Inc.
14
806
Korn
Ferry
44
3,764
Legalzoom.com,
Inc.*
101
629
ManpowerGroup,
Inc.
39
2,455
Maximus,
Inc.
46
2,657
Mistras
Group,
Inc.*
15
281
Public
Policy
Holding
Co.,
Inc.
(b)
4
43
RCM
Technologies,
Inc.*
4
166
Resolute
Holdings
Management,
Inc.*
3
407
Spire
Global,
Inc.*
26
345
TIC
Solutions,
Inc.*
152
1,442
TriNet
Group,
Inc.
24
1,687
TrueBlue,
Inc.*
24
252
Upwork,
Inc.*
101
912
Verra
Mobility
Corp.,
Class
a
A*
129
571
Investments
Shares
Value
Common
Stocks
(continued)
Willdan
Group,
Inc.*
12
$
1,055
36,479
Real
Estate
Management
&
Development
—
0.1%
AGNT,
Inc.
79
325
American
Realty
Investors,
Inc.*
1
15
Compass,
Inc.,
Class
a
A*
603
6,368
Comstock
Holding
Cos.,
Inc.,
Class
a
A*
3
59
Cushman
&
Wakefield
Ltd.*
200
2,698
Douglas
Elliman,
Inc.*
61
113
Forestar
Group,
Inc.*
17
481
FRP
Holdings,
Inc.*
10
221
Marcus
&
Millichap,
Inc.
19
602
Maui
Land
&
Pineapple
Co.,
Inc.*
5
79
Newmark
Group,
Inc.,
Class
a
A
133
2,026
Opendoor
Technologies,
Inc.*
790
2,528
Real
REMAX
Group,
Inc.*
21
399
RMR
Group,
Inc.
(The),
Class
a
A
13
251
Seaport
Entertainment
Group,
Inc.*
6
158
St
Joe
Co.
(The)
33
2,181
Tejon
Ranch
Co.*
18
289
Transcontinental
Realty
Investors,
Inc.*
1
37
18,830
Residential
REITs
—
0.0%(a)
BRT
Apartments
Corp.,
REIT
8
115
Centerspace,
REIT
14
735
Independence
Realty
Trust,
Inc.,
REIT
201
3,252
NexPoint
Residential
Trust,
Inc.,
REIT
19
451
UMH
Properties,
Inc.,
REIT
69
1,135
5,688
Retail
REITs
—
0.2%
Acadia
Realty
Trust,
REIT
115
2,354
Alexander's,
Inc.,
REIT
2
543
CBL
&
Associates
Properties,
Inc.,
REIT
16
875
Curbline
Properties
Corp.,
REIT
83
2,476
FrontView
REIT,
Inc.
18
347
Getty
Realty
Corp.,
REIT
49
1,589
InvenTrust
Properties
Corp.,
REIT
67
2,165
Kite
Realty
Group
Trust,
REIT
174
4,489
Macerich
Co.
(The),
REIT
240
5,669
NETSTREIT
Corp.,
REIT
83
1,690
Phillips
Edison
&
Co.,
Inc.,
REIT
108
4,174
Saul
Centers,
Inc.,
REIT
11
359
SITE
Centers
Corp.,
REIT
43
127
Tanger,
Inc.,
REIT
96
3,620
Urban
Edge
Properties,
REIT
109
2,306
32,783
Semiconductors
&
Semiconductor
Equipment
—
0.2%
ACM
Research,
Inc.,
Class
a
A*
45
3,277
HEDGE
REPLICATION
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
28
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Aehr
Test
Systems*
26
$
2,061
Aeluma,
Inc.*
11
144
Alpha
&
Omega
Semiconductor
Ltd.*
21
518
Ambarella,
Inc.*
36
2,498
Ambiq
Micro,
Inc.*
16
933
Amtech
Systems,
Inc.*
10
146
Atomera,
Inc.*
32
133
Axcelis
Technologies,
Inc.*
26
2,999
AXT,
Inc.*
52
3,152
Blaize
Holdings,
Inc.*
72
35
Canadian
Solar,
Inc.*
41
506
CEVA,
Inc.*
23
622
Cohu,
Inc.*
39
1,798
Diodes,
Inc.*
39
3,541
Everspin
Technologies,
Inc.*
16
260
GSI
Technology,
Inc.*
27
150
Ichor
Holdings
Ltd.*
29
1,554
Impinj,
Inc.*
25
4,358
indie
Semiconductor,
Inc.,
Class
a
A*
180
669
inTEST
Corp.*
10
108
Kopin
Corp.*
147
653
Kulicke
&
Soffa
Industries,
Inc.
44
3,523
MaxLinear,
Inc.,
Class
a
A*
73
4,373
Navitas
Semiconductor
Corp.,
Class
a
A*
154
1,785
NVE
Corp.
4
401
PDF
Solutions,
Inc.*
28
1,245
Penguin
Solutions,
Inc.*
42
2,061
Photronics,
Inc.*
49
1,379
Power
Integrations,
Inc.
47
2,415
QuickLogic
Corp.*
14
150
Rigetti
Computing,
Inc.*
281
4,400
Silicon
Laboratories,
Inc.*
28
6,133
Synaptics,
Inc.*
33
3,192
T1
Energy,
Inc.*
150
668
Toyo
Co.
Ltd.*
7
29
Ultra
Clean
Holdings,
Inc.*
38
2,578
Veeco
Instruments,
Inc.*
50
2,215
Wolfspeed,
Inc.*
24
658
67,320
Software
—
1.1%
8x8,
Inc.*
117
220
A10
Networks,
Inc.
61
1,549
ACI
Worldwide,
Inc.*
86
4,582
Adeia,
Inc.
94
2,372
Agilysys,
Inc.*
22
2,561
Alarm.com
Holdings,
Inc.*
40
2,302
Alkami
Technology,
Inc.*
57
1,163
Amplitude,
Inc.,
Class
a
A*
81
1,142
Appian
Corp.,
Class
a
A*
33
1,417
Arteris,
Inc.*
29
635
Asana,
Inc.,
Class
a
A*
82
841
AvePoint,
Inc.*
142
1,977
Bit
Digital,
Inc.*
276
395
Bitdeer
Technologies
Group,
Class
a
A*
109
1,183
Blackbaud,
Inc.*
30
1,442
Investments
Shares
Value
Common
Stocks
(continued)
BlackLine,
Inc.*
42
$
1,395
Blend
Labs,
Inc.,
Class
a
A*
155
240
Box,
Inc.,
Class
a
A*
115
4,115
Braze,
Inc.,
Class
a
A*
80
2,723
C3.ai,
Inc.,
Class
a
A*
115
1,244
Cerence,
Inc.*
37
312
Cipher
Digital,
Inc.*
285
4,418
Cleanspark,
Inc.*
212
2,463
Clear
Secure,
Inc.,
Class
a
A
80
3,532
Commvault
Systems,
Inc.*
38
5,226
Consensus
Cloud
Solutions,
Inc.*
15
574
Core
Scientific,
Inc.*
263
4,287
CS
Disco,
Inc.*
24
105
Daily
Journal
Corp.*
1
623
Digimarc
Corp.*
11
66
Digital
Turbine,
Inc.*
95
1,022
Domo,
Inc.,
Class
a
B*
32
121
Duos
Technologies
Group,
Inc.*
22
204
D-Wave
Quantum,
Inc.*
310
5,332
eGain
Corp.*
14
104
EverCommerce,
Inc.*
12
106
Five9,
Inc.*
64
2,212
Freshworks,
Inc.,
Class
a
A*
180
2,506
Hut
8
Corp.*
87
6,842
I3
Verticals,
Inc.,
Class
a
A*
19
305
Intapp,
Inc.*
47
2,038
Intellicheck,
Inc.*
15
41
InterDigital,
Inc.
22
7,371
JFrog
Ltd.*
92
9,206
Kaltura,
Inc.*
77
122
Keel
Infrastructure
Corp.*
495
1,559
Life360,
Inc.*
16
686
LiveRamp
Holdings,
Inc.*
52
1,961
MARA
Holdings,
Inc.*
325
3,500
Mitek
Systems,
Inc.*
38
701
N-able,
Inc.*
60
239
nCino,
Inc.*
90
2,034
NCR
Voyix
Corp.*
118
989
NextNav,
Inc.*
85
1,349
OneSpan,
Inc.
31
512
Ooma,
Inc.*
22
498
PagerDuty,
Inc.*
69
976
PAR
Technology
Corp.*
35
658
Progress
Software
Corp.*
35
1,619
Q2
Holdings,
Inc.*
53
3,447
Qualys,
Inc.*
31
5,770
Rapid7,
Inc.*
56
754
Red
Violet,
Inc.*
10
732
ReposiTrak,
Inc.
10
80
Rimini
Street,
Inc.*
42
236
Riot
Platforms,
Inc.*
300
5,699
Roadzen,
Inc.*
39
55
ServiceTitan,
Inc.,
Class
a
A*
52
5,098
Silvaco
Group,
Inc.*
10
69
Soluna
Holdings,
Inc.*
88
95
SoundHound
AI,
Inc.,
Class
a
A*
336
2,406
Sprinklr,
Inc.,
Class
a
A*
93
764
Sprout
Social,
Inc.,
Class
a
A*
46
523
SPS
Commerce,
Inc.*
31
2,647
AUGUST
31,
2026
(Unaudited)
::
HEDGE
REPLICATION
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
29
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Telos
Corp.*
47
$
227
Tenable
Holdings,
Inc.*
96
3,662
Teradata
Corp.*
80
2,320
Thryv
Holdings,
Inc.*
28
53
Varonis
Systems,
Inc.,
Class
a
B*
96
4,202
Veritone,
Inc.*
71
56
Vertex,
Inc.,
Class
a
A*
61
864
Via
Transportation,
Inc.,
Class
a
A*
44
1,229
Viant
Technology,
Inc.,
Class
a
A*
14
180
Weave
Communications,
Inc.*
55
402
Workiva,
Inc.,
Class
a
A*
44
3,520
Xperi,
Inc.*
39
232
Yext,
Inc.*
73
494
ZenaTech,
Inc.*
36
63
Zeta
Global
Holdings
Corp.,
Class
a
A*
191
5,915
161,711
Specialized
REITs
—
0.0%(a)
Farmland
Partners,
Inc.,
REIT
35
360
Four
Corners
Property
Trust,
Inc.,
REIT
93
2,314
Gladstone
Land
Corp.,
REIT
34
312
Outfront
Media,
Inc.,
REIT
136
3,996
Safehold,
Inc.,
REIT
48
727
Smartstop
Self
Storage
REIT,
Inc.,
REIT
47
1,526
9,235
Specialty
Retail
—
0.4%
1-800-Flowers.com,
Inc.,
Class
a
A*
19
69
Abercrombie
&
Fitch
Co.,
Class
a
A*
37
5,294
Academy
Sports
&
Outdoors,
Inc.
55
2,363
Advance
Auto
Parts,
Inc.
52
2,193
American
Eagle
Outfitters,
Inc.
133
2,212
Arhaus,
Inc.,
Class
a
A
44
383
Arko
Corp.
62
283
ARKO
Petroleum
Corp.,
Class
a
A
10
182
Asbury
Automotive
Group,
Inc.*
17
3,594
Barnes
&
Noble
Education,
Inc.
14
169
Bob's
Discount
Furniture,
Inc.*
16
269
Boot
Barn
Holdings,
Inc.*
26
3,916
Buckle,
Inc.
(The)
27
1,150
Build-A-Bear
Workshop,
Inc.
10
303
Caleres,
Inc.
28
341
Camping
World
Holdings,
Inc.,
Class
a
A
52
336
Citi
Trends,
Inc.*
4
272
Designer
Brands,
Inc.,
Class
a
A
29
159
Envela
Corp.*
6
83
EVgo,
Inc.,
Class
a
A*
115
154
Genesco,
Inc.*
8
268
Group
1
Automotive,
Inc.
10
2,695
Haverty
Furniture
Cos.,
Inc.
12
327
J
Jill,
Inc.
6
117
Investments
Shares
Value
Common
Stocks
(continued)
Lands'
End,
Inc.*
8
$
95
MarineMax,
Inc.*
17
887
Monro,
Inc.
21
262
National
Vision
Holdings,
Inc.*
67
1,144
Neighborhood
Intelligence,
Inc.*
63
248
OneWater
Marine,
Inc.,
Class
a
A*
10
120
Outdoor
Holding
Co.*
90
194
Petco
Health
&
Wellness
Co.,
Inc.,
Class
a
A*
78
207
RealReal,
Inc.
(The)*
95
973
Rent
the
Runway,
Inc.,
Class
a
A*
7
25
Revolve
Group,
Inc.,
Class
a
A*
35
778
RH*
13
1,939
RideNow
Group,
Inc.,
Class
a
B*
13
74
Sally
Beauty
Holdings,
Inc.*
82
1,343
Shoe
Station
Group,
Inc.
15
205
Signet
Jewelers
Ltd.
33
2,715
Sonic
Automotive,
Inc.,
Class
a
A
10
786
Stitch
Fix,
Inc.,
Class
a
A*
99
314
ThredUp,
Inc.,
Class
a
A*
88
237
Torrid
Holdings,
Inc.*
29
64
Upbound
Group,
Inc.
46
842
Urban
Outfitters,
Inc.*
49
3,954
Victoria's
Secret
&
Co.*
59
5,039
Warby
Parker,
Inc.,
Class
a
A*
87
2,140
Winmark
Corp.
3
998
Zumiez,
Inc.*
11
197
52,912
Technology
Hardware,
Storage
&
Peripherals
—
0.0%(a)
Corsair
Gaming,
Inc.*
40
486
CPI
Card
Group,
Inc.*
7
203
Diebold
Nixdorf,
Inc.*
19
1,289
Eastman
Kodak
Co.*
54
485
GPGI,
Inc.
152
2,009
Immersion
Corp.
23
174
Infleqtion,
Inc.*
99
1,294
One
Stop
Systems,
Inc.*
19
198
Quantum
Computing,
Inc.*
173
1,424
Turtle
Beach
Corp.*
13
167
Xerox
Holdings
Corp.
102
329
8,058
Textiles,
Apparel
&
Luxury
Goods
—
0.0%(a)
Capri
Holdings
Ltd.*
101
1,338
Carter's,
Inc.
30
972
Ermenegildo
Zegna
NV
38
516
Figs,
Inc.,
Class
a
A*
80
1,227
Fossil
Group,
Inc.*
46
229
G-III
Apparel
Group
Ltd.
31
1,010
Kontoor
Brands,
Inc.
47
3,544
Movado
Group,
Inc.
13
438
Oxford
Industries,
Inc.
12
459
Playboy,
Inc.*
49
58
Rocky
Brands,
Inc.
6
271
Steven
Madden
Ltd.
62
2,677
Superior
Group
of
Cos.,
Inc.
9
108
Under
Armour,
Inc.,
Class
a
A*
162
816
Under
Armour,
Inc.,
Class
a
C*
157
774
HEDGE
REPLICATION
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
30
HDG
::
Investments
Shares
Value
Common
Stocks
(continued)
Wolverine
World
Wide,
Inc.
70
$
1,381
15,818
Tobacco
—
0.0%(a)
Turning
Point
Brands,
Inc.
16
1,296
Universal
Corp.
21
956
2,252
Trading
Companies
&
Distributors
—
0.1%
Alta
Equipment
Group,
Inc.*
17
100
BlueLinx
Holdings,
Inc.*
6
478
Boise
Cascade
Co.
30
2,340
Custom
Truck
One
Source,
Inc.*
51
470
Distribution
Solutions
Group,
Inc.*
8
278
DNOW,
Inc.*
158
2,533
DXP
Enterprises,
Inc.*
11
2,065
EVI
Industries,
Inc.
4
56
GATX
Corp.
30
5,248
Global
Industrial
Co.
13
508
Herc
Holdings,
Inc.
28
4,266
Hudson
Technologies,
Inc.*
31
166
Karat
Packaging,
Inc.
7
333
McGrath
RentCorp
21
2,361
NPK
International,
Inc.*
70
930
Rush
Enterprises,
Inc.,
Class
a
A
52
3,995
Rush
Enterprises,
Inc.,
Class
a
B
8
622
Titan
Machinery,
Inc.*
18
370
Transcat,
Inc.*
8
692
Willis
Lease
Finance
Corp.
10
541
Xometry,
Inc.,
Class
a
A*
39
3,615
31,967
Transportation
Infrastructure
—
0.0%(a)
Sky
Harbour
Group
Corp.*
19
200
Water
Utilities
—
0.0%(a)
American
States
Water
Co.
33
2,947
Cadiz,
Inc.*
48
191
California
Water
Service
Group
51
2,548
Consolidated
Water
Co.
Ltd.
13
387
Global
Water
Resources,
Inc.
12
110
H2O
America
30
1,901
Middlesex
Water
Co.
16
928
Pure
Cycle
Corp.*
17
189
York
Water
Co.
(The)
14
477
9,678
Wireless
Telecommunication
Services
—
0.0%(a)
Gogo,
Inc.*
67
169
Spok
Holdings,
Inc.
18
189
Telephone
and
Data
Systems,
Inc.
84
2,829
3,187
Total
Common
Stocks
(Cost
$1,442,344)
2,621,863
Investments
Number
of
Rights
Value
Rights
—
0
.0
%
Biotechnology
—
0.0%
Aduro
Biotech,
Inc.,
CVR‡(c)
39
$
—
Cartesian
Therapeutics,
Inc.,
expiring
12/31/2049*‡
263
—
Chinook
Therape,
CVR*‡
118
—
Tobira
Therapeutics,
Inc.,
CVR*‡
10
—
Total
Rights
(Cost
$146)
—
Shares
Securities
Lending
Reinvestments
(d)
—
0
.0
%
(a)
Investment
Companies
—
0
.0
%
(a)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(e)
(Cost
$44)
44
44
Principal
Amount
Short-Term
Investments
—
81
.8
%
Repurchase
Agreements
(f)
—
13
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$2,926,026
(Cost
$2,925,735)
$
2,925,735
2,925,735
U.S.
Treasury
Obligations
—
68
.6
%
U.S.
Treasury
Bills
(g)
3.75%,
11/5/2026
(Cost
$15,222,289)
15,325,000
15,224,576
Total
Short-Term
Investments
(Cost
$18,148,024)
18,150,311
Total
Investments
—
93.6%
(Cost
$19,590,558)
20,772,218
Other
assets
less
liabilities
—
6.4%
1,430,522
Net
Assets
—
100.0%
$
22,202,740
*
Non-income
producing
security.
‡
Value
determined
using
significant
unobservable
inputs.
(a)
Represents
less
than
0.05%
of
net
assets.
(b)
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.
(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
$–,
collateralized
in
the
form
of
cash
with
a
value
of
$44
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(d)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$44.
(e)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
AUGUST
31,
2026
(Unaudited)
::
HEDGE
REPLICATION
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
31
HDG
::
(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.
(g)
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
Futures
Contracts
Sold
Hedge
Replication
ETF
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
E-Mini
Euro
11
9/14/2026
U.S.
Dollar
$
799,150
$
1,217
Swap
Agreements
Hedge
Replication
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
35,478
11/6/2026
Societe
Generale
4.48%
Russell
2000
®
Total
Return
Index
5,831
663,742
11/6/2026
Societe
Generale
4.23%
iShares
®
MSCI
EAFE
ETF
439,238
1,230,144
11/15/2027
Societe
Generale
4.63%
iShares
®
MSCI
Emerging
Markets
ETF
113,872
2,036,827
11/6/2026
Societe
Generale
4.63%
S&P
500
®
Total
Return
Index
136,816
3,966,191
695,757
32,521
11/6/2026
UBS
AG
4.33%
Russell
2000
®
Total
Return
Index
(
228
)
670,656
11/15/2027
UBS
AG
4.03%
iShares
®
MSCI
EAFE
ETF
136,248
825,612
11/15/2027
UBS
AG
4.03%
iShares
®
MSCI
Emerging
Markets
ETF
284,450
1,528,789
420,470
5,494,980
1,116,227
Total
Unrealized
Appreciation
1,116,455
Total
Unrealized
Depreciation
(
228
)
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).
HIGH
YIELD-INTEREST
RATE
HEDGED
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
32
HYHG
::
Investments
Principal
Amount
Value
Corporate
Bonds
—
95
.2
%
Aerospace
&
Defense
—
1
.5
%
Axon
Enterprise,
Inc.
6.13%,
3/15/2030
(a)
$
250,000
$
254,005
TransDigm,
Inc.
6.38%,
3/1/2029
(a)
1,514,000
1,536,286
6.38%,
5/31/2033
(a)
1,305,000
1,308,455
3,098,746
Automobile
Components
—
2
.6
%
American
Axle
&
Manufacturing,
Inc.
7.75%,
10/15/2033
(a)
611,000
613,916
Clarios
Global
LP
6.75%,
2/15/2030
(a)
525,000
539,847
6.75%,
9/15/2032
(a)
492,000
500,185
Cooper-Standard
Automotive,
Inc.
9.25%,
3/1/2031
(a)
676,000
684,017
Goodyear
Tire
&
Rubber
Co.
(The)
8.88%,
7/15/2032
522,000
532,282
Icahn
Enterprises
LP
10.00%,
11/15/2029
(a)
695,000
673,582
Tenneco,
Inc.
8.00%,
11/17/2028
(a)
989,000
992,137
ZF
North
America
Capital,
Inc.
7.50%,
3/24/2031
(a)
777,000
796,802
5,332,768
Automobiles
—
0
.6
%
Aston
Martin
Capital
Holdings
Ltd.
10.00%,
3/31/2029
(a)(b)
431,000
252,637
Nissan
Motor
Acceptance
Co.
LLC
6.13%,
9/30/2030
(a)
606,000
595,913
Nissan
Motor
Co.
Ltd.
8.13%,
7/17/2035
(a)(b)
302,000
320,680
1,169,230
Broadline
Retail
—
0
.4
%
Photo
Holdings
LLC
12.00%,
7/1/2031
(a)
541,000
556,962
Rakuten
Group,
Inc.
9.75%,
4/15/2029
(a)
250,000
272,378
829,340
Building
Products
—
2
.6
%
Builders
FirstSource,
Inc.
6.38%,
3/1/2034
(a)
682,000
675,193
EMRLD
Borrower
LP
6.63%,
12/15/2030
(a)
250,000
254,678
Quikrete
Holdings,
Inc.
6.38%,
3/1/2032
(a)
2,885,000
2,920,891
6.75%,
3/1/2033
(a)
165,000
167,609
Smyrna
Ready
Mix
Concrete
LLC
8.88%,
11/15/2031
(a)
528,000
553,441
Standard
Building
Solutions,
Inc.
6.50%,
8/15/2032
(a)
238,000
238,903
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Building
Products
Standard
Building
Solutions,
Inc.
6.25%,
8/1/2033
(a)
$
486,000
$
482,147
5,292,862
Capital
Markets
—
0
.6
%
Coinbase
Global,
Inc.
3.38%,
10/1/2028
(a)
417,000
397,880
Focus
Financial
Partners
LLC
6.75%,
9/15/2031
(a)
382,000
380,006
Osaic
Holdings,
Inc.
6.75%,
8/1/2032
(a)
467,000
469,685
1,247,571
Chemicals
—
2
.1
%
ARC
Falcon
I,
Inc.
9.75%,
3/1/2033
(a)
727,000
728,135
Celanese
US
Holdings
LLC
7.70%,
11/15/2033
(c)
1,071,000
1,143,405
Olympus
Water
US
Holding
Corp.
6.75%,
8/1/2032
(a)
597,000
588,159
7.25%,
2/15/2033
(a)
675,000
675,793
Solstice
Advanced
Materials,
Inc.
5.63%,
9/30/2033
(a)
409,000
401,676
WR
Grace
Holdings
LLC
5.63%,
8/15/2029
(a)
746,000
709,692
4,246,860
Commercial
Services
&
Supplies
—
2
.8
%
ADT
Security
Corp.
(The)
5.88%,
10/15/2033
(a)
790,000
772,707
Allied
Universal
Holdco
LLC
7.88%,
2/15/2031
(a)
1,638,000
1,703,430
Garda
World
Security
Corp.
8.38%,
11/15/2032
(a)
393,000
401,920
GFL
Environmental
Holdings
US,
Inc.
5.50%,
2/1/2034
(a)
895,000
838,639
GFL
Environmental,
Inc.
6.75%,
1/15/2031
(a)
135,000
137,114
Raven
Acquisition
Holdings
LLC
6.88%,
11/15/2031
(a)
631,000
628,629
RR
Donnelley
&
Sons
Co.
9.50%,
8/1/2029
(a)
634,000
660,559
Veritiv
Operating
Co.
10.50%,
11/30/2030
(a)
526,000
549,338
5,692,336
Construction
&
Engineering
—
0
.7
%
AECOM
6.00%,
8/1/2033
(a)
679,000
676,518
Brand
Industrial
Services,
Inc.
10.38%,
8/1/2030
(a)(b)
814,000
712,368
1,388,886
AUGUST
31,
2026
(Unaudited)
::
HIGH
YIELD-INTEREST
RATE
HEDGED
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
33
HYHG
::
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Consumer
Finance
—
0
.3
%
OneMain
Finance
Corp.
6.75%,
9/15/2033
$
614,000
$
604,410
Consumer
Staples
Distribution
&
Retail
—
1
.1
%
Albertsons
Cos.,
Inc.
5.63%,
3/31/2032
(a)
260,000
250,210
5.75%,
3/31/2034
(a)
1,144,000
1,073,931
Performance
Food
Group,
Inc.
6.13%,
9/15/2032
(a)
682,000
683,478
5.63%,
3/1/2034
(a)
337,000
327,357
2,334,976
Containers
&
Packaging
—
2
.6
%
Ardagh
Group
SA
9.50%,
12/1/2030
(a)
722,000
755,052
Ball
Corp.
6.00%,
6/15/2029
408,000
412,554
Clydesdale
Acquisition
Holdings,
Inc.
8.75%,
4/15/2030
(a)
288,000
285,085
6.75%,
4/15/2032
(a)
968,000
944,247
Mauser
Packaging
Solutions
Holding
Co.
7.88%,
4/15/2030
(a)
1,389,000
1,416,262
9.25%,
4/15/2030
(a)(b)
541,000
540,215
Sword
Purchaser
LLC
8.25%,
4/15/2033
(a)
971,000
1,004,873
5,358,288
Diversified
Consumer
Services
—
0
.5
%
Belron
UK
Finance
plc
5.75%,
10/15/2029
(a)
415,000
416,577
Wand
NewCo
3,
Inc.
7.63%,
1/30/2032
(a)
599,000
609,566
1,026,143
Diversified
Telecommunication
Services
—
11
.9
%
Altice
Financing
SA
5.75%,
8/15/2029
(a)
1,032,000
626,018
Altice
France
SA
6.50%,
4/15/2032
(a)
837,353
814,138
APLD
ComputeCo
2
LLC
6.75%,
3/15/2031
(a)(b)
1,263,000
1,211,017
APLD
ComputeCo
LLC
9.25%,
12/15/2030
(a)
1,047,000
1,103,269
Black
Pearl
Compute
LLC
6.13%,
2/15/2031
(a)
1,947,000
1,948,077
CCO
Holdings
LLC
7.00%,
2/1/2033
(a)(b)
368,000
359,296
4.25%,
1/15/2034
(a)(b)
1,637,000
1,364,953
Core
Scientific
Finance
I
LLC
7.75%,
5/15/2031
(a)
1,668,000
1,618,403
Edged
Compute
LLC
7.50%,
4/30/2031
(a)
561,000
530,854
Flash
Compute
LLC
7.25%,
12/31/2030
(a)
2,180,000
2,190,767
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Diversified
Telecommunication
Services
Galaxy
Helios
Data
Centers
II
LLC
9.88%,
8/1/2031
(a)
$
1,850,000
$
1,832,142
Level
3
Financing,
Inc.
6.88%,
6/30/2033
(a)
2,079,000
2,113,295
7.00%,
3/31/2034
(a)
204,000
208,667
Meridian
Arc
Holdco
LLC
6.25%,
4/30/2031
(a)
2,890,000
2,747,278
PR
RNO
Property
Owner
1
LLC
6.50%,
5/1/2031
(a)
1,922,000
1,779,013
Sable
International
Finance
Ltd.
7.13%,
10/15/2032
(a)
427,000
421,315
SV
RNO
Property
Owner
1
LLC
5.88%,
3/1/2031
(a)
1,709,000
1,569,167
Uniti
Services
LLC
7.50%,
10/15/2033
(a)
536,000
553,304
Windstream
Services
LLC
8.25%,
10/1/2031
(a)
1,174,000
1,226,485
WULF
Compute
LLC
7.75%,
10/15/2030
(a)
174,000
180,799
24,398,257
Electric
Utilities
—
2
.4
%
Alpha
Generation
LLC
6.75%,
10/15/2032
(a)
435,000
438,402
California
Buyer
Ltd.
6.38%,
2/15/2032
(a)
600,000
589,505
NRG
Energy,
Inc.
5.75%,
1/15/2034
(a)
709,000
690,107
6.00%,
1/15/2036
(a)
1,157,000
1,125,395
PG&E
Corp.
(U.S.
Treasury
Yield
Curve
Rate
T
Note
Constant
Maturity
5
Year
+
3.88%),
7.38%,
3/15/2055
(d)
607,000
610,176
(U.S.
Treasury
Yield
Curve
Rate
T
Note
Constant
Maturity
5
Year
+
3.23%),
6.85%,
9/15/2056
(d)
504,000
493,884
VoltaGrid
LLC
7.38%,
11/1/2030
(a)
943,000
948,829
4,896,298
Electrical
Equipment
—
0
.3
%
Solaris
Energy
Infrastructure
LLC
6.38%,
5/15/2031
(a)
532,000
528,027
Energy
Equipment
&
Services
—
1
.0
%
Kodiak
Gas
Services
LLC
5.88%,
4/1/2031
(a)
485,000
483,560
USA
Compression
Partners
LP
7.13%,
3/15/2029
(a)
525,000
537,924
Valaris
Ltd.
8.38%,
4/30/2030
(a)
687,000
714,431
HIGH
YIELD-INTEREST
RATE
HEDGED
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
34
HYHG
::
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Energy
Equipment
&
Services
Weatherford
International
Ltd.
6.75%,
10/15/2033
(a)
$
217,000
$
221,271
1,957,186
Financial
Services
—
3
.5
%
Block,
Inc.
5.63%,
8/15/2030
(a)
459,000
459,631
6.50%,
5/15/2032
901,000
915,873
Freedom
Mortgage
Holdings
LLC
9.25%,
2/1/2029
(a)
412,000
425,847
ION
Platform
Finance
US,
Inc.
7.88%,
9/30/2032
(a)
955,000
750,502
Jefferies
Finance
LLC
5.00%,
8/15/2028
(a)
422,000
408,735
NCR
Atleos
Corp.
9.50%,
4/1/2029
(a)
946,000
1,001,294
Rocket
Cos.,
Inc.
6.13%,
8/1/2030
(a)
759,000
769,141
6.38%,
8/1/2033
(a)
1,254,000
1,270,194
Shift4
Payments
LLC
6.75%,
8/15/2032
(a)
822,000
811,769
UWM
Holdings
LLC
6.25%,
3/15/2031
(a)
422,000
377,366
7,190,352
Food
Products
—
0
.8
%
Darling
Ingredients,
Inc.
6.00%,
6/15/2030
(a)
436,000
438,314
Post
Holdings,
Inc.
6.25%,
10/15/2034
(a)
248,000
239,489
6.50%,
3/15/2036
(a)
1,079,000
1,043,375
1,721,178
Ground
Transportation
—
0
.6
%
Albion
Financing
1
SARL
7.00%,
5/21/2030
(a)
650,000
672,060
Hertz
Corp.
(The)
12.63%,
7/15/2029
(a)(b)
576,000
386,892
5.00%,
12/1/2029
(a)
730,000
239,819
1,298,771
Health
Care
Equipment
&
Supplies
—
0
.9
%
Bausch
+
Lomb
Corp.
8.38%,
10/1/2028
(a)
638,000
653,573
Medline
Borrower
LP
5.25%,
10/1/2029
(a)
1,077,000
1,070,731
1,724,304
Health
Care
Providers
&
Services
—
5
.2
%
Centene
Corp.
2.63%,
8/1/2031
678,000
590,490
Community
Health
Systems,
Inc.
10.88%,
1/15/2032
(a)
857,000
909,327
9.75%,
1/15/2034
(a)
747,000
762,791
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Health
Care
Providers
&
Services
CVS
Health
Corp.
(U.S.
Treasury
Yield
Curve
Rate
T
Note
Constant
Maturity
5
Year
+
2.89%),
7.00%,
3/10/2055
(d)
$
1,413,000
$
1,456,344
DaVita,
Inc.
6.75%,
7/15/2033
(a)
1,125,000
1,150,525
Global
Medical
Response,
Inc.
7.38%,
10/1/2032
(a)
393,000
406,460
LifePoint
Health,
Inc.
7.00%,
5/1/2034
(a)
535,000
503,010
National
Mentor
Holdings,
Inc.
10.50%,
12/15/2030
(a)
630,000
670,716
Prime
Healthcare
Services,
Inc.
9.38%,
9/1/2029
(a)
649,000
673,010
Star
Parent,
Inc.
9.00%,
10/1/2030
(a)
349,000
366,300
Surgery
Center
Holdings,
Inc.
7.25%,
4/15/2032
(a)(b)
612,000
615,426
Tenet
Healthcare
Corp.
6.13%,
10/1/2028
793,000
793,664
6.13%,
6/15/2030
1,226,000
1,234,538
U.S.
Acute
Care
Solutions,
LLC
9.75%,
5/15/2029
(a)
484,000
475,058
10,607,659
Health
Care
REITs
—
0
.3
%
MPT
Operating
Partnership
LP
REIT,
8.50%,
2/15/2032
(a)
673,000
682,312
Health
Care
Technology
—
0
.7
%
IQVIA,
Inc.
6.25%,
6/1/2032
(a)
1,437,000
1,462,678
Hotel
&
Resort
REITs
—
0
.4
%
RHP
Hotel
Properties
LP
REIT,
6.50%,
4/1/2032
(a)
382,000
388,987
Service
Properties
Trust
REIT,
8.63%,
11/15/2031
(a)
446,000
467,065
856,052
Hotels,
Restaurants
&
Leisure
—
5
.6
%
Caesars
Entertainment,
Inc.
7.00%,
2/15/2030
(a)
683,000
687,098
6.50%,
2/15/2032
(a)
1,083,000
1,047,005
Churchill
Downs,
Inc.
5.75%,
4/1/2030
(a)
705,000
705,282
Fertitta
Entertainment
LLC
4.63%,
1/15/2029
(a)
695,000
677,081
6.75%,
1/15/2030
(a)(b)
492,000
481,567
Gaia
Purchaser,
Inc.
7.63%,
7/15/2033
(a)
554,000
565,678
AUGUST
31,
2026
(Unaudited)
::
HIGH
YIELD-INTEREST
RATE
HEDGED
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
35
HYHG
::
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Hotels,
Restaurants
&
Leisure
Hilton
Domestic
Operating
Co.,
Inc.
5.50%,
3/31/2034
(a)
$
1,012,000
$
996,019
Light
&
Wonder
International,
Inc.
6.25%,
10/1/2033
(a)
418,000
416,470
NCL
Corp.
Ltd.
5.88%,
1/15/2031
(a)
200,000
191,829
6.75%,
2/1/2032
(a)
1,280,000
1,244,796
Sabre
Financial
Borrower
LLC
11.13%,
6/15/2029
(a)
1,129,000
1,200,524
Six
Flags
Entertainment
Corp.
8.63%,
1/15/2032
(a)(b)
491,000
497,786
TKC
Holdings,
Inc.
8.50%,
8/15/2030
(a)
513,000
534,609
Viking
Cruises
Ltd.
5.88%,
10/15/2033
(a)
544,000
538,415
Voyager
Parent
LLC
9.25%,
7/1/2032
(a)
652,000
698,105
Wynn
Resorts
Finance
LLC
7.13%,
2/15/2031
(a)
526,000
552,295
Yum!
Brands,
Inc.
5.38%,
4/1/2032
500,000
494,040
11,528,599
Household
Durables
—
0
.8
%
Newell
Brands,
Inc.
8.50%,
6/1/2028
(a)
585,000
610,019
Whirlpool
Corp.
7.50%,
7/1/2031
(a)
570,000
570,629
7.88%,
7/1/2034
(a)
493,000
482,167
1,662,815
Independent
Power
and
Renewable
Electricity
Producers
—
1
.0
%
Talen
Energy
Supply
LLC
6.13%,
5/1/2031
(a)
1,039,000
1,036,521
6.38%,
5/1/2033
(a)
922,000
910,992
1,947,513
Insurance
—
5
.6
%
Acrisure
LLC
7.50%,
11/6/2030
(a)
489,000
449,292
Alliant
Holdings
Intermediate
LLC
6.75%,
4/15/2028
(a)
347,000
349,895
7.00%,
1/15/2031
(a)
799,000
811,685
Ardonagh
Finco
Ltd.
7.75%,
2/15/2031
(a)
936,000
954,717
Ardonagh
Group
Finance
Ltd.
8.88%,
2/15/2032
(a)
625,000
626,598
Asurion
LLC
8.00%,
12/31/2032
(a)
2,308,000
2,295,991
8.38%,
2/1/2034
(a)
703,000
634,477
CRC
Insurance
Group
LLC
7.13%,
6/1/2031
(a)
1,503,000
1,503,371
Howden
UK
Refinance
plc
7.25%,
2/15/2031
(a)
727,000
719,084
8.13%,
2/15/2032
(a)
467,000
439,516
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Insurance
HUB
International
Ltd.
7.25%,
6/15/2030
(a)
$
616,000
$
634,220
7.38%,
1/31/2032
(a)
1,534,000
1,574,599
Ryan
Specialty
LLC
5.88%,
8/1/2032
(a)
495,000
489,707
11,483,152
Interactive
Media
&
Services
—
0
.4
%
Snap,
Inc.
6.88%,
3/1/2033
(a)
785,000
771,178
IT
Services
—
1
.1
%
CoreWeave,
Inc.
9.25%,
6/1/2030
(a)(b)
1,705,000
1,581,776
9.75%,
10/1/2031
(a)
649,000
580,176
2,161,952
Machinery
—
0
.2
%
Esab
Corp.
5.63%,
4/1/2031
(a)
456,000
451,875
Media
—
9
.4
%
AMC
Global
Media,
Inc.
10.50%,
7/15/2032
(a)
1,010,000
1,066,384
Clear
Channel
Outdoor
Holdings,
Inc.
7.13%,
2/15/2031
(a)
1,391,000
1,434,217
CSC
Holdings
LLC
11.25%,
5/15/2028
(a)
178,000
98,856
11.75%,
1/31/2029
(a)(b)
1,386,000
762,224
Directv
Financing
LLC
8.88%,
2/1/2030
(a)
371,000
379,670
10.00%,
2/15/2031
(a)
1,350,000
1,428,690
EchoStar
Corp.
10.75%,
11/30/2029
1,804,000
1,949,804
Gray
Media,
Inc.
5.38%,
11/15/2031
(a)
1,505,000
1,171,718
Neptune
Bidco
US,
Inc.
9.29%,
4/15/2029
(a)
1,541,000
1,577,662
9.50%,
2/15/2033
(a)
500,000
513,410
Nexstar
Media,
Inc.
7.25%,
4/15/2034
(a)
930,000
941,887
Sinclair
Television
Group,
Inc.
8.13%,
2/15/2033
(a)
967,000
1,003,678
Sirius
XM
Radio
LLC
3.88%,
9/1/2031
(a)
1,242,000
1,131,866
5.88%,
4/15/2032
(a)
181,000
178,619
Stagwell
Global
LLC
5.63%,
8/15/2029
(a)
442,000
430,537
Univision
Communications,
Inc.
9.38%,
8/1/2032
(a)
66,000
67,343
8.88%,
4/15/2033
(a)
1,950,000
1,927,092
Versant
Media
Group,
Inc.
7.25%,
1/30/2031
(a)
1,559,000
1,616,903
HIGH
YIELD-INTEREST
RATE
HEDGED
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
36
HYHG
::
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Media
VZ
Secured
Financing
BV
5.00%,
1/15/2032
(a)
$
1,497,000
$
1,262,886
7.50%,
1/15/2033
(a)
325,000
293,256
19,236,702
Metals
&
Mining
—
1
.9
%
Cleveland-Cliffs,
Inc.
7.00%,
3/15/2032
(a)
1,038,000
1,047,055
7.63%,
1/15/2034
(a)
177,000
180,579
Commercial
Metals
Co.
6.00%,
12/15/2035
(a)
1,123,000
1,108,910
First
Quantum
Minerals
Ltd.
8.63%,
6/1/2031
(a)
431,000
449,048
6.38%,
2/15/2036
(a)
1,085,000
1,057,885
3,843,477
Oil,
Gas
&
Consumable
Fuels
—
4
.8
%
Aethon
United
BR
LP
7.50%,
10/1/2029
(a)
514,000
533,014
CITGO
Petroleum
Corp.
8.38%,
1/15/2029
(a)
450,000
462,337
Crescent
Energy
Finance
LLC
7.63%,
4/1/2032
(a)
449,000
461,670
7.88%,
4/15/2032
(a)
650,000
671,635
Harvest
Midstream
I
LP
6.75%,
5/15/2034
(a)
433,000
439,384
Hilcorp
Energy
I
LP
7.25%,
2/15/2035
(a)
467,000
469,398
Kinetik
Holdings
LP
6.63%,
12/15/2028
(a)
452,000
460,068
5.88%,
6/15/2030
(a)
706,000
709,567
NGL
Energy
Operating
LLC
8.38%,
2/15/2032
(a)
616,000
645,783
SM
Energy
Co.
8.75%,
7/1/2031
(a)
312,000
326,418
6.63%,
4/15/2034
(a)
791,000
796,020
Sunoco
LP
5.63%,
3/15/2031
(a)
109,000
108,266
6.25%,
7/1/2033
(a)
952,000
958,576
Venture
Global
LNG,
Inc.
9.50%,
2/1/2029
(a)
1,108,000
1,191,753
8.38%,
6/1/2031
(a)
1,532,000
1,593,131
9,827,020
Passenger
Airlines
—
1
.1
%
JetBlue
Airways
Corp.
9.88%,
9/20/2031
(a)(b)
1,007,000
860,904
United
Airlines
Holdings,
Inc.
4.88%,
3/1/2029
183,000
180,240
5.38%,
3/1/2031
801,000
793,278
VistaJet
Malta
Finance
plc
6.38%,
2/1/2030
(a)(b)
452,000
436,677
2,271,099
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Personal
Care
Products
—
0
.2
%
Opal
Bidco
SAS
6.50%,
3/31/2032
(a)
$
466,000
$
470,776
Pharmaceuticals
—
1
.9
%
1261229
BC
Ltd.
10.00%,
4/15/2032
(a)
3,032,000
3,152,092
Endo
Finance
Holdings
LP
8.50%,
4/15/2031
(a)
600,000
632,485
3,784,577
Professional
Services
—
0
.9
%
Amentum
Holdings,
Inc.
7.25%,
8/1/2032
(a)
489,000
503,813
CACI
International,
Inc.
6.38%,
6/15/2033
(a)
565,000
572,529
CoreLogic,
Inc.
9.00%,
8/1/2031
(a)
761,000
756,210
1,832,552
Real
Estate
Management
&
Development
—
0
.5
%
Kennedy-Wilson,
Inc.
7.00%,
6/1/2031
(a)
415,000
424,670
7.25%,
6/1/2033
(a)
549,000
559,087
983,757
Semiconductors
&
Semiconductor
Equipment
—
0
.3
%
Qnity
Electronics,
Inc.
5.75%,
8/15/2032
(a)
628,000
623,864
Software
—
5
.5
%
AthenaHealth
Group,
Inc.
6.50%,
2/15/2030
(a)
1,161,000
1,134,725
Cloud
Software
Group
LLC
6.50%,
3/31/2029
(a)
2,464,000
2,453,295
9.00%,
9/30/2029
(a)
1,560,000
1,563,498
Fair
Isaac
Corp.
6.00%,
5/15/2033
(a)
800,000
787,201
6.25%,
9/15/2034
(a)
407,000
398,344
McAfee
Corp.
7.38%,
2/15/2030
(a)(b)
1,054,000
953,795
OAK-Eagle
Acquireco,
Inc.
7.25%,
7/1/2033
(a)
1,159,000
1,205,367
8.75%,
7/1/2034
(a)
1,328,000
1,409,451
UKG,
Inc.
6.88%,
2/1/2031
(a)
1,403,000
1,383,463
11,289,139
Specialized
REITs
—
1
.3
%
Iron
Mountain,
Inc.
REIT,
6.25%,
1/15/2033
(a)
683,000
688,373
REIT,
6.25%,
1/15/2035
(a)
800,000
789,985
AUGUST
31,
2026
(Unaudited)
::
HIGH
YIELD-INTEREST
RATE
HEDGED
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
37
HYHG
::
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Specialized
REITs
Millrose
Properties,
Inc.
REIT,
6.38%,
8/1/2030
(a)
$
1,073,000
$
1,087,881
2,566,239
Specialty
Retail
—
1
.9
%
Michaels
Cos.,
Inc.
(The)
8.50%,
3/15/2033
(a)
1,311,000
1,297,863
PetSmart
LLC
7.50%,
9/15/2032
(a)
1,354,000
1,367,153
Staples,
Inc.
10.75%,
9/1/2029
(a)
1,322,000
1,270,050
3,935,066
Trading
Companies
&
Distributors
—
2
.9
%
EquipmentShare.com,
Inc.
9.00%,
5/15/2028
(a)
620,000
632,787
7.13%,
7/1/2034
(a)
600,000
590,494
Herc
Holdings,
Inc.
7.00%,
6/15/2030
(a)
1,279,000
1,323,104
7.25%,
6/15/2033
(a)
96,000
99,221
QXO
Building
Products,
Inc.
6.75%,
4/30/2032
(a)
929,000
950,201
6.88%,
7/15/2034
(a)
752,000
760,907
United
Rentals
North
America,
Inc.
5.38%,
11/15/2033
(a)
470,000
457,424
6.13%,
3/15/2034
(a)
991,000
1,005,655
5,819,793
Transportation
Infrastructure
—
0
.5
%
Carrix,
Inc.
6.13%,
8/1/2033
(a)
1,024,000
1,023,047
Wireless
Telecommunication
Services
—
1
.0
%
Connect
Finco
SARL
9.00%,
9/15/2029
(a)
1,148,000
1,200,484
Rogers
Communications,
Inc.
Series
NC5,
(U.S.
Treasury
Yield
Curve
Rate
T
Note
Constant
Maturity
5
Year
+
2.65%),
7.00%,
4/15/2055
(d)
185,000
186,418
(U.S.
Treasury
Yield
Curve
Rate
T
Note
Constant
Maturity
5
Year
+
2.62%),
7.13%,
4/15/2055
(d)
736,000
740,592
2,127,494
Total
Corporate
Bonds
(Cost
$196,272,806)
194,587,176
Shares
Securities
Lending
Reinvestments
(e)
—
3
.9
%
Investment
Companies
—
3
.9
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(f)
(Cost
$7,928,653)
7,928,653
7,928,653
Investments
Principal
Amount
Value
Short-Term
Investments
—
2
.8
%
Repurchase
Agreements
(g)
—
2
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$5,639,441
(Cost
$5,638,879)
$
5,638,879
$
5,638,879
Total
Investments
—
101.9%
(Cost
$209,840,338)
208,154,708
Liabilities
in
excess
of
other
assets
—
(1.9%)
(
3,810,759
)
Net
Assets
—
100.0%
$
204,343,949
(a)
Securities
exempt
from
registration
under
Rule
144A
or
section
4(2),
of
the
Securities
Act
of
1933.
Under
procedures
approved
by
the
Board
of
Trustees,
such
securities
have
been
determined
to
be
liquid
by
the
investment
adviser
and
may
be
resold,
normally
to
qualified
institutional
buyers
in
transactions
exempt
from
registration.The
aggregate
value
of
these
securities
as
of
August
31,
2026
was
$181,455,184
which
represents
88.80%
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
$7,424,213,
collateralized
in
the
form
of
cash
with
a
value
of
$7,928,653
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$24,753
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
$7,953,406.
(c)
Step
bond.
Interest
rate
is
a
fixed
rate
for
an
initial
period
that
either
resets
at
a
specific
date
or
may
reset
in
the
future
at
a
contingent
upon
predetermined
trigger.
The
interest
rate
shown
was
the
current
rate
as
of
August
31,
2026.
(d)
Variable
or
floating
rate
security,
linked
to
the
referenced
benchmark.
The
interest
rate
shown
is
the
rate
in
effect
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
$7,928,653.
(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
HIGH
YIELD-INTEREST
RATE
HEDGED
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
38
HYHG
::
Futures
Contracts
Sold
High
Yield-Interest
Rate
Hedged
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
252
12/21/2026
U.S.
Dollar
$
27,129,375
$
239,731
U.S.
2
Year
Treasury
Note
302
12/31/2026
U.S.
Dollar
61,980,781
171,163
U.S.
5
Year
Treasury
Note
974
12/31/2026
U.S.
Dollar
102,954,844
640,705
$
1,051,599
AUGUST
31,
2026
(Unaudited)
::
INFLATION
EXPECTATIONS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
39
RINF
::
Investments
Shares
Value
Exchange
Traded
Funds
(a)
—
86
.4
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)
(Cost
$15,507,550)
155,000
$
15,520,150
Principal
Amount
Short-Term
Investments
—
9
.6
%
Repurchase
Agreements
(d)
—
9
.6
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$1,721,940
(Cost
$1,721,770)
$
1,721,770
1,721,770
Total
Investments
—
96.0%
(Cost
$17,229,320)
17,241,920
Other
assets
less
liabilities
—
4.0%
712,519
Net
Assets
—
100.0%
$
17,954,439
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$359,331.
(b)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(c)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(d)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
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
14,021,000
1,501,950
–
–
(2,800)
15,520,150
155,000
128,965
INFLATION
EXPECTATIONS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
40
RINF
::
Swap
Agreements
Inflation
Expectations
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
3,016,338
11/4/2026
Citibank
NA
3.37%
FTSE
30-Year
TIPS
(Treasury
Rate-Hedged)
Index
(long
exposure
to
30-year
Treasury
Inflation-Protected
Securities
(TIPS)
bond)
c
(
201,952
)
4,486,912
11/4/2026
Citibank
NA
3.28%
FTSE
30-Year
TIPS
(Treasury
Rate-Hedged)
Index
(long
exposure
to
30-year
Treasury
Bond
inverse
index)
c
225,555
7,503,250
23,603
14,952,986
12/7/2026
Societe
Generale
3.72%
FTSE
30-Year
TIPS
(Treasury
Rate-Hedged)
Index
(long
exposure
to
30-year
Treasury
Inflation-Protected
Securities
(TIPS)
bond)
c
(
653,419
)
19,806,733
12/7/2026
Societe
Generale
3.17%
FTSE
30-Year
TIPS
(Treasury
Rate-Hedged)
Index
(long
exposure
to
30-year
Treasury
Bond
inverse
index)
c
648,503
34,759,719
(
4,916
)
42,262,969
18,687
Total
Unrealized
Appreciation
874,058
Total
Unrealized
Depreciation
(
855,371
)
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
Certain
underlying
component
disclosures
related
to
this
index
may
be
found
on
the
website
at
www.proshares.com/media/FTSE30-Year_
TIPS_August.pdf.
AUGUST
31,
2026
(Unaudited)
::
INVESTMENT
GRADE-INTEREST
RATE
HEDGED
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
41
IGHG
::
Investments
Principal
Amount
Value
Corporate
Bonds
—
93
.7
%
Aerospace
&
Defense
—
2
.8
%
GE
Capital
International
Funding
Co.
ULC.
4.42%,
11/15/2035
$
2,258,000
$
2,109,985
General
Electric
Co.
6.75%,
3/15/2032
1,335,000
1,447,667
Lockheed
Martin
Corp.
4.07%,
12/15/2042
1,629,000
1,332,504
RTX
Corp.
4.50%,
6/1/2042
5,365,000
4,637,730
9,527,886
Air
Freight
&
Logistics
—
0
.6
%
United
Parcel
Service,
Inc.
6.20%,
1/15/2038
1,981,000
2,091,517
Automobiles
—
1
.6
%
Ford
Motor
Co.
4.75%,
1/15/2043
2,523,000
1,947,415
General
Motors
Co.
6.25%,
10/2/2043
1,953,000
1,905,598
5.20%,
4/1/2045
2,042,000
1,751,173
5,604,186
Banks
—
26
.2
%
Banco
Bilbao
Vizcaya
Argentaria
SA
5.13%,
3/3/2036
1,110,000
1,058,893
Banco
Santander
SA
6.92%,
8/8/2033
2,616,000
2,775,810
6.94%,
11/7/2033
1,496,000
1,637,496
6.35%,
3/14/2034
1,820,000
1,876,236
6.03%,
1/17/2035
100,000
102,651
5.13%,
11/6/2035
1,596,000
1,526,906
5.44%,
4/15/2036
(a)
1,962,000
1,916,236
Bank
of
America
Corp.
6.11%,
1/29/2037
1,050,000
1,075,845
7.75%,
5/14/2038
2,736,000
3,162,312
5.88%,
2/7/2042
3,767,000
3,783,668
5.00%,
1/21/2044
405,000
364,299
Bank
of
America
NA
6.00%,
10/15/2036
1,229,000
1,259,760
Barclays
plc
5.25%,
8/17/2045
2,312,000
2,091,517
4.95%,
1/10/2047
1,613,000
1,375,768
Citigroup,
Inc.
6.63%,
6/15/2032
2,432,000
2,588,585
8.13%,
7/15/2039
1,349,000
1,635,301
6.68%,
9/13/2043
2,659,000
2,818,580
4.65%,
7/30/2045
176,000
148,517
4.75%,
5/18/2046
1,588,000
1,305,046
Cooperatieve
Rabobank
UA
5.25%,
5/24/2041
2,650,000
2,533,935
5.75%,
12/1/2043
1,827,000
1,755,840
5.25%,
8/4/2045
676,000
603,086
Fifth
Third
Bancorp
8.25%,
3/1/2038
1,239,000
1,467,859
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Banks
HSBC
Holdings
plc
6.50%,
5/2/2036
$
1,000,000
$
1,060,473
6.50%,
9/15/2037
3,356,000
3,522,419
5.25%,
3/14/2044
1,290,000
1,174,947
JPMorgan
Chase
&
Co.
6.40%,
5/15/2038
2,804,000
2,992,873
5.50%,
10/15/2040
3,460,000
3,395,045
5.60%,
7/15/2041
200,000
196,553
5.63%,
8/16/2043
457,000
444,132
4.95%,
6/1/2045
2,985,000
2,624,425
Lloyds
Banking
Group
plc
4.34%,
1/9/2048
1,946,000
1,530,229
Mitsubishi
UFJ
Financial
Group,
Inc.
3.75%,
7/18/2039
2,006,000
1,651,463
Royal
Bank
of
Canada
3.88%,
5/4/2032
1,748,000
1,641,205
5.00%,
2/1/2033
949,000
939,620
5.15%,
2/1/2034
2,143,000
2,143,209
Sumitomo
Mitsui
Financial
Group,
Inc.
5.77%,
1/13/2033
1,521,000
1,553,387
5.56%,
7/9/2034
2,641,000
2,651,882
5.63%,
1/15/2035
864,000
869,337
6.18%,
7/13/2043
1,444,000
1,471,628
5.84%,
7/9/2044
1,523,000
1,472,308
Toronto-Dominion
Bank
(The)
3.20%,
3/10/2032
2,646,000
2,398,748
4.46%,
6/8/2032
1,937,000
1,871,999
4.87%,
4/22/2033
450,000
438,170
4.93%,
10/15/2035
3,406,000
3,260,985
Wells
Fargo
&
Co.
5.38%,
11/2/2043
1,016,000
922,690
5.61%,
1/15/2044
2,355,000
2,195,258
4.65%,
11/4/2044
2,214,000
1,809,200
3.90%,
5/1/2045
300,000
228,294
4.90%,
11/17/2045
2,404,000
2,016,949
4.40%,
6/14/2046
622,000
485,815
4.75%,
12/7/2046
891,000
727,729
Wells
Fargo
Bank
NA
6.60%,
1/15/2038
1,222,000
1,302,407
Westpac
Banking
Corp.
4.42%,
7/24/2039
1,045,000
909,877
2.96%,
11/16/2040
1,567,000
1,118,725
3.13%,
11/18/2041
1,498,000
1,065,448
90,951,575
Beverages
—
2
.4
%
Anheuser-Busch
InBev
Worldwide,
Inc.
4.95%,
1/15/2042
1,878,000
1,713,928
Coca-Cola
Co.
(The)
2.50%,
6/1/2040
1,186,000
843,571
2.60%,
6/1/2050
952,000
558,924
3.00%,
3/5/2051
2,136,000
1,348,896
2.50%,
3/15/2051
4,133,000
2,338,856
2.75%,
6/1/2060
625,000
340,743
INVESTMENT
GRADE-INTEREST
RATE
HEDGED
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
42
IGHG
::
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Beverages
Molson
Coors
Beverage
Co.
5.00%,
5/1/2042
$
1,312,000
$
1,154,520
8,299,438
Biotechnology
—
0
.7
%
AbbVie,
Inc.
4.40%,
11/6/2042
3,004,000
2,551,097
Capital
Markets
—
6
.6
%
Goldman
Sachs
Group,
Inc.
(The)
6.13%,
2/15/2033
951,000
998,681
6.75%,
10/1/2037
3,575,000
3,769,757
6.25%,
2/1/2041
3,320,000
3,411,305
5.15%,
5/22/2045
2,053,000
1,796,297
Morgan
Stanley
6.38%,
7/24/2042
948,000
993,134
4.30%,
1/27/2045
2,476,000
2,001,467
4.38%,
1/22/2047
6,861,000
5,509,922
Nomura
Holdings,
Inc.
5.78%,
7/3/2034
1,615,000
1,633,346
5.55%,
7/14/2036
897,000
875,985
UBS
Group
AG
4.88%,
5/15/2045
2,320,000
2,012,433
23,002,327
Communications
Equipment
—
1
.7
%
Cisco
Systems,
Inc.
5.90%,
2/15/2039
3,532,000
3,621,927
5.50%,
1/15/2040
2,334,000
2,295,711
5,917,638
Consumer
Finance
—
1
.2
%
American
Express
Co.
4.05%,
12/3/2042
1,641,000
1,339,845
John
Deere
Capital
Corp.
Series
I,
5.15%,
9/8/2033
1,551,000
1,557,474
5.10%,
4/11/2034
1,237,000
1,231,694
4,129,013
Consumer
Staples
Distribution
&
Retail
—
1
.4
%
Target
Corp.
4.00%,
7/1/2042
2,322,000
1,884,932
Walmart,
Inc.
5.25%,
9/1/2035
1,409,000
1,418,580
6.50%,
8/15/2037
1,459,000
1,612,346
4,915,858
Diversified
Telecommunication
Services
—
6
.3
%
Comcast
Corp.
4.25%,
1/15/2033
2,191,000
2,053,843
Sprint
Capital
Corp.
8.75%,
3/15/2032
2,743,000
3,178,852
Telefonica
Emisiones
SA
7.05%,
6/20/2036
2,963,000
3,189,433
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Diversified
Telecommunication
Services
Telefonica
Emisiones
SA
5.21%,
3/8/2047
$
3,522,000
$
3,002,206
4.90%,
3/6/2048
867,000
704,611
Verizon
Communications,
Inc.
4.50%,
8/10/2033
1,000,000
948,329
4.27%,
1/15/2036
2,171,000
1,939,660
5.25%,
3/16/2037
1,239,000
1,185,822
4.81%,
3/15/2039
1,150,000
1,031,208
4.86%,
8/21/2046
3,576,000
2,973,737
4.52%,
9/15/2048
2,034,000
1,588,771
21,796,472
Electric
Utilities
—
1
.7
%
Cumberland
Combined
Cycle
Generation
LLC
5.82%,
5/15/2056
2,227,000
2,192,332
Duke
Energy
Florida
LLC
6.40%,
6/15/2038
2,258,000
2,391,219
Georgia
Power
Co.
4.30%,
3/15/2042
1,693,000
1,420,344
6,003,895
Electrical
Equipment
—
0
.3
%
Eaton
Corp.
4.15%,
11/2/2042
1,083,000
896,735
Energy
Equipment
&
Services
—
0
.4
%
Baker
Hughes
Holdings
LLC
5.13%,
9/15/2040
1,549,000
1,444,266
Entertainment
—
1
.1
%
TWDC
Enterprises
18
Corp.
4.13%,
6/1/2044
1,270,000
1,018,413
Walt
Disney
Co.
(The)
4.63%,
3/14/2036
1,149,000
1,090,223
6.65%,
11/15/2037
1,655,000
1,811,122
3,919,758
Financial
Services
—
0
.4
%
Berkshire
Hathaway,
Inc.
4.50%,
2/11/2043
1,600,000
1,386,639
Food
Products
—
1
.0
%
Kraft
Heinz
Foods
Co.
5.00%,
6/4/2042
2,564,000
2,243,247
Unilever
Capital
Corp.
5.90%,
11/15/2032
1,239,000
1,298,332
3,541,579
Health
Care
Equipment
&
Supplies
—
1
.1
%
Medtronic,
Inc.
4.38%,
3/15/2035
1,911,000
1,796,109
AUGUST
31,
2026
(Unaudited)
::
INVESTMENT
GRADE-INTEREST
RATE
HEDGED
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
43
IGHG
::
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Health
Care
Equipment
&
Supplies
Medtronic,
Inc.
4.63%,
3/15/2045
$
2,218,000
$
1,918,433
3,714,542
Health
Care
Providers
&
Services
—
2
.1
%
Ascension
Health
3.95%,
11/15/2046
1,822,000
1,407,154
Elevance
Health,
Inc.
4.65%,
1/15/2043
1,386,000
1,182,158
UnitedHealth
Group,
Inc.
4.63%,
7/15/2035
864,000
816,566
6.88%,
2/15/2038
2,354,000
2,593,604
4.75%,
7/15/2045
1,630,000
1,392,120
7,391,602
Insurance
—
1
.1
%
MetLife,
Inc.
5.70%,
6/15/2035
1,506,000
1,531,252
4.88%,
11/13/2043
1,708,000
1,510,499
4.05%,
3/1/2045
840,000
657,468
3,699,219
IT
Services
—
1
.8
%
International
Business
Machines
Corp.
4.15%,
5/15/2039
2,710,000
2,265,213
4.00%,
6/20/2042
927,000
720,208
4.25%,
5/15/2049
4,475,000
3,267,937
6,253,358
Machinery
—
0
.4
%
Caterpillar,
Inc.
3.80%,
8/15/2042
1,680,000
1,348,962
Media
—
2
.8
%
Paramount
Global
6.88%,
4/30/2036
1,170,000
1,088,716
4.38%,
3/15/2043
2,117,000
1,339,116
Time
Warner
Cable
Enterprises
LLC
8.38%,
7/15/2033
2,324,000
2,535,914
Time
Warner
Cable
LLC
6.55%,
5/1/2037
1,001,000
963,407
7.30%,
7/1/2038
396,000
397,452
6.75%,
6/15/2039
3,591,000
3,414,850
9,739,455
Metals
&
Mining
—
2
.9
%
BHP
Billiton
Finance
USA
Ltd.
4.13%,
2/24/2042
2,362,000
1,965,181
5.00%,
9/30/2043
2,195,000
1,998,316
Rio
Tinto
Finance
USA
Ltd.
5.20%,
11/2/2040
1,258,000
1,195,458
Southern
Copper
Corp.
6.75%,
4/16/2040
1,853,000
1,994,067
5.25%,
11/8/2042
305,000
280,755
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Metals
&
Mining
Southern
Copper
Corp.
5.88%,
4/23/2045
$
2,834,000
$
2,778,568
10,212,345
Multi-Utilities
—
0
.6
%
Berkshire
Hathaway
Energy
Co.
6.13%,
4/1/2036
1,862,000
1,935,810
Oil,
Gas
&
Consumable
Fuels
—
7
.9
%
Canadian
Natural
Resources
Ltd.
6.25%,
3/15/2038
1,294,000
1,339,594
ConocoPhillips
6.50%,
2/1/2039
1,954,000
2,115,713
Hess
Corp.
5.60%,
2/15/2041
2,283,000
2,250,988
Kinder
Morgan
Energy
Partners
LP
6.95%,
1/15/2038
1,358,000
1,480,714
Occidental
Petroleum
Corp.
6.45%,
9/15/2036
2,108,000
2,223,748
Phillips
66
5.88%,
5/1/2042
1,727,000
1,713,430
Shell
Finance
US,
Inc.
4.13%,
5/11/2035
2,926,000
2,707,232
6.38%,
12/15/2038
500,000
532,654
4.38%,
5/11/2045
4,246,000
3,483,555
4.00%,
5/10/2046
3,886,000
3,007,111
3.75%,
9/12/2046
524,000
389,709
TransCanada
PipeLines
Ltd.
6.20%,
10/15/2037
2,122,000
2,187,012
7.63%,
1/15/2039
640,000
729,193
Valero
Energy
Corp.
6.63%,
6/15/2037
1,629,000
1,754,967
Williams
Cos.,
Inc.
(The)
6.30%,
4/15/2040
1,512,000
1,552,568
27,468,188
Pharmaceuticals
—
7
.0
%
AstraZeneca
plc
6.45%,
9/15/2037
2,758,000
2,974,196
4.00%,
9/18/2042
3,409,000
2,779,776
4.38%,
11/16/2045
836,000
694,020
GlaxoSmithKline
Capital,
Inc.
6.38%,
5/15/2038
3,570,000
3,803,486
Johnson
&
Johnson
5.95%,
8/15/2037
1,232,000
1,313,877
Merck
&
Co.,
Inc.
4.15%,
5/18/2043
1,659,000
1,361,157
Novartis
Capital
Corp.
4.40%,
5/6/2044
2,321,000
1,960,688
Pfizer,
Inc.
4.00%,
12/15/2036
3,497,000
3,130,339
7.20%,
3/15/2039
2,916,000
3,310,408
4.40%,
5/15/2044
294,000
247,171
INVESTMENT
GRADE-INTEREST
RATE
HEDGED
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
44
IGHG
::
Investments
Principal
Amount
Value
Corporate
Bonds
(continued)
Pharmaceuticals
Wyeth
LLC
5.95%,
4/1/2037
$
2,701,000
$
2,784,635
24,359,753
Software
—
1
.7
%
Oracle
Corp.
6.50%,
4/15/2038
3,839,000
3,710,697
6.13%,
7/8/2039
654,000
596,839
5.38%,
7/15/2040
1,720,000
1,430,153
5,737,689
Specialty
Retail
—
1
.1
%
Home
Depot,
Inc.
(The)
5.88%,
12/16/2036
3,691,000
3,818,450
Technology
Hardware,
Storage
&
Peripherals
—
2
.5
%
Apple,
Inc.
3.85%,
5/4/2043
350,000
278,835
4.45%,
5/6/2044
1,571,000
1,342,051
3.45%,
2/9/2045
5,707,000
4,166,636
4.38%,
5/13/2045
1,618,000
1,348,152
HP,
Inc.
6.00%,
9/15/2041
1,579,000
1,547,945
8,683,619
Tobacco
—
1
.9
%
Altria
Group,
Inc.
5.38%,
1/31/2044
3,312,000
2,973,608
Philip
Morris
International,
Inc.
6.38%,
5/16/2038
2,218,000
2,351,439
4.25%,
11/10/2044
1,374,000
1,112,162
6,437,209
Wireless
Telecommunication
Services
—
2
.4
%
America
Movil
SAB
de
CV
6.13%,
3/30/2040
2,270,000
2,299,139
4.38%,
7/16/2042
2,140,000
1,781,285
Vodafone
Group
plc
6.15%,
2/27/2037
2,319,000
2,390,146
5.25%,
5/30/2048
557,000
484,477
4.88%,
6/19/2049
1,767,000
1,444,554
8,399,601
Total
Corporate
Bonds
(Cost
$334,421,274)
325,179,681
Asset-Backed
Securities
-
0
.4
%
United
Airlines
Pass-Through
Trust
Series
2023-1,
Class
A,
5.80%,
1/15/2036
(Cost
$1,354,929)
1,332,426
1,355,357
Investments
Shares
Value
Securities
Lending
Reinvestments
(b)
—
0
.6
%
Investment
Companies
—
0
.6
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(c)
(Cost
$2,000,220)
2,000,220
$
2,000,220
Principal
Amount
Short-Term
Investments
—
1
.5
%
Repurchase
Agreements
(d)
—
1
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$5,198,636
(Cost
$5,198,116)
$
5,198,116
5,198,116
Total
Investments
—
96.2%
(Cost
$342,974,539)
333,733,374
Other
assets
less
liabilities
—
3.8%
13,166,284
Net
Assets
—
100.0%
$
346,899,658
(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
$1,915,258,
collateralized
in
the
form
of
cash
with
a
value
of
$2,000,220
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$2,000,220.
(c)
Rate
shown
is
the
7-day
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)
::
INVESTMENT
GRADE-INTEREST
RATE
HEDGED
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
45
IGHG
::
Futures
Contracts
Sold
Investment
Grade-Interest
Rate
Hedged
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
1,448
12/21/2026
U.S.
Dollar
$
155,886,250
$
1,371,379
U.S.
Treasury
Long
Bond
1,302
12/21/2026
U.S.
Dollar
141,429,750
1,451,805
U.S.
Treasury
Ultra
Bond
174
12/21/2026
U.S.
Dollar
19,145,438
207,159
$
3,030,343
K-1
FREE
CRUDE
OIL
ETF
::
AUGUST
31,
2026
(Unaudited)
CONSOLIDATED
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
46
OILK
::
Investments
Shares
Value
Exchange
Traded
Funds
—
69
.5
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(a)(b)
(Cost
$165,129,500)
1,650,000
$
165,214,500
Principal
Amount
Short-Term
Investments
—
8
.5
%
Repurchase
Agreements
(c)
—
8
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$20,233,659
(Cost
$20,231,640)
$
20,231,640
20,231,640
Total
Investments
—
78.0%
(Cost
$185,361,140)
185,446,140
Other
assets
less
liabilities
—
22.0%
52,347,040
Net
Assets
—
100.0%
$
237,793,180
(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
(Depreciation)
($)
Value
at
August
31,
2026
($)
Shares
held
at
August
31,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
145,217,500
70,091,000
(50,023,969)
(41,031)
(29,000)
165,214,500
1,650,000
1,478,758
Futures
Contracts
Purchased
K-1
Free
Crude
Oil
ETF
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
WTI
Crude
Oil
908
10/20/2026
U.S.
Dollar
$
76,326,480
$
10,002,375
WTI
Crude
Oil
978
11/20/2026
U.S.
Dollar
80,264,460
16,612,760
WTI
Crude
Oil
1,011
5/20/2027
U.S.
Dollar
74,814,000
9,126,853
$
35,741,988
AUGUST
31,
2026
(Unaudited)
::
LARGE
CAP
CORE
PLUS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
47
CSM
::
Investments
Shares
Value
Common
Stocks
(a)
—
91
.2
%
Aerospace
&
Defense
—
2.6%
Boeing
Co.
(The)*
10,524
$
2,186,677
General
Dynamics
Corp.
5,054
1,876,803
General
Electric
Co.
1,886
633,149
Howmet
Aerospace,
Inc.
7,340
1,797,933
Huntington
Ingalls
Industries,
Inc.
4,766
1,387,859
Lockheed
Martin
Corp.
1,271
713,323
Northrop
Grumman
Corp.
3,214
1,734,596
RTX
Corp.
9,144
1,899,483
Textron,
Inc.
17,580
1,416,245
13,646,068
Air
Freight
&
Logistics
—
0.4%
FedEx
Corp.
5,721
1,873,055
United
Parcel
Service,
Inc.,
Class
a
B
2,381
248,172
2,121,227
Automobile
Components
—
0.0%(b)
Aptiv
plc*
5,968
267,128
Automobiles
—
1.3%
Ford
Motor
Co.
115,586
1,611,269
General
Motors
Co.
6,517
562,547
Tesla,
Inc.*
12,048
4,433,062
6,606,878
Banks
—
2.6%
Bank
of
America
Corp.
13,320
825,041
Citigroup,
Inc.
19,080
2,511,309
Citizens
Financial
Group,
Inc.
13,570
934,566
Huntington
Bancshares,
Inc.
54,147
903,443
JPMorgan
Chase
&
Co.
10,912
3,884,890
KeyCorp
66,157
1,429,653
M&T
Bank
Corp.
6,480
1,515,931
Truist
Financial
Corp.
33,524
1,662,120
Wells
Fargo
&
Co.
2,139
184,788
13,851,741
Beverages
—
1.3%
Brown-Forman
Corp.,
Class
a
B
30,727
816,416
Coca-Cola
Co.
(The)
9,544
846,267
Keurig
Dr
Pepper,
Inc.
58,713
1,870,596
Molson
Coors
Beverage
Co.,
Class
a
B
19,062
757,905
PepsiCo,
Inc.
17,400
2,441,916
6,733,100
Biotechnology
—
1.9%
AbbVie,
Inc.
7,277
1,865,968
Amgen,
Inc.
2,686
1,154,658
Biogen,
Inc.*
6,635
1,437,473
Gilead
Sciences,
Inc.
17,944
2,625,925
Incyte
Corp.*
13,246
1,632,172
Vertex
Pharmaceuticals,
Inc.*
2,856
1,555,149
10,271,345
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Broadline
Retail
—
2.8%
Amazon.com,
Inc.*
56,788
$
14,751,819
Building
Products
—
0.6%
A
O
Smith
Corp.
7,524
444,894
Builders
FirstSource,
Inc.*
3,449
229,014
Johnson
Controls
International
plc
1,469
203,074
Lennox
International,
Inc.
589
225,375
Masco
Corp.
7,171
517,459
Trane
Technologies
plc
3,319
1,474,964
3,094,780
Capital
Markets
—
4.0%
Ameriprise
Financial,
Inc.
3,152
1,743,403
Bank
of
New
York
Mellon
Corp.
(The)
4,381
706,568
Cboe
Global
Markets,
Inc.
796
238,959
Charles
Schwab
Corp.
(The)
9,015
990,027
FactSet
Research
Systems,
Inc.
3,529
1,106,518
Franklin
Templeton,
Inc.
43,224
1,476,100
Goldman
Sachs
Group,
Inc.
(The)
3,095
3,175,161
Interactive
Brokers
Group,
Inc.,
Class
a
A
17,555
1,707,926
Invesco
Ltd.
49,913
1,636,148
KKR
&
Co.,
Inc.
17,311
1,899,363
Morgan
Stanley
12,912
2,754,388
Northern
Trust
Corp.
8,891
1,649,814
S&P
Global,
Inc.
847
369,156
T.
Rowe
Price
Group,
Inc.
14,305
1,591,860
21,045,391
Chemicals
—
0.9%
Air
Products
and
Chemicals,
Inc.
1,864
576,834
Albemarle
Corp.
10,412
1,405,308
Linde
plc
861
421,528
LyondellBasell
Industries
NV,
Class
a
A
16,630
1,082,280
Mosaic
Co.
(The)
38,395
926,087
PPG
Industries,
Inc.
1,623
182,052
4,594,089
Commercial
Services
&
Supplies
—
0.6%
Republic
Services,
Inc.,
Class
a
A
4,448
982,652
Rollins,
Inc.
19,599
706,936
Veralto
Corp.
15,484
1,526,258
3,215,846
Communications
Equipment
—
0.9%
Arista
Networks,
Inc.*
9,449
1,849,075
Ciena
Corp.*
2,091
800,435
Cisco
Systems,
Inc.
11,402
1,259,807
F5,
Inc.*
636
258,934
Lumentum
Holdings,
Inc.*
405
370,478
4,538,729
LARGE
CAP
CORE
PLUS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
48
CSM
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Construction
&
Engineering
—
0.6%
Comfort
Systems
USA,
Inc.
1,080
$
1,669,270
EMCOR
Group,
Inc.
2,074
1,523,436
3,192,706
Construction
Materials
—
0.4%
CRH
plc
6,605
622,785
Vulcan
Materials
Co.
5,298
1,428,235
2,051,020
Consumer
Finance
—
0.3%
Capital
One
Financial
Corp.
1,453
311,683
Synchrony
Financial
16,453
1,268,197
1,579,880
Consumer
Staples
Distribution
&
Retail
—
1.2%
Casey's
General
Stores,
Inc.
1,984
1,492,385
Costco
Wholesale
Corp.
1,108
1,045,830
Dollar
General
Corp.
3,551
450,089
Kroger
Co.
(The)
23,872
1,373,595
Target
Corp.
3,420
550,210
Walmart,
Inc.
11,427
1,198,349
6,110,458
Containers
&
Packaging
—
0.6%
Amcor
plc
18,760
860,897
Ball
Corp.
16,835
1,060,100
International
Paper
Co.
30,425
1,154,020
3,075,017
Diversified
Telecommunication
Services
—
0.8%
AT&T,
Inc.
81,019
2,097,582
Comcast
Corp.,
Class
a
A
70,014
1,863,773
3,961,355
Electric
Utilities
—
2.0%
American
Electric
Power
Co.,
Inc.
4,086
500,249
Constellation
Energy
Corp.
3,772
1,036,432
Edison
International
23,485
1,267,720
Eversource
Energy
20,319
1,425,175
Exelon
Corp.
31,540
1,378,929
FirstEnergy
Corp.
32,369
1,484,442
NRG
Energy,
Inc.
8,689
956,833
PG&E
Corp.
87,652
1,163,142
Pinnacle
West
Capital
Corp.
13,059
1,275,081
Xcel
Energy,
Inc.
3,088
233,731
10,721,734
Electrical
Equipment
—
0.9%
AMETEK,
Inc.
2,744
645,306
GE
Vernova,
Inc.
1,501
1,348,694
Rockwell
Automation,
Inc.
3,659
1,552,989
Vertiv
Holdings
Co.,
Class
a
A
5,284
1,367,077
4,914,066
Electronic
Equipment,
Instruments
&
Components
—
1.0%
Amphenol
Corp.,
Class
a
A
14,375
2,279,156
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Corning,
Inc.
1,839
$
273,514
Jabil,
Inc.
4,455
1,359,933
Keysight
Technologies,
Inc.*
708
228,472
TE
Connectivity
plc
4,946
1,015,167
5,156,242
Energy
Equipment
&
Services
—
0.3%
Baker
Hughes
Co.,
Class
a
A
6,156
391,214
Halliburton
Co.
29,474
1,086,117
1,477,331
Entertainment
—
0.8%
Live
Nation
Entertainment,
Inc.*
7,216
1,298,086
Netflix,
Inc.*
30,971
2,510,199
Walt
Disney
Co.
(The)
3,701
398,043
4,206,328
Financial
Services
—
2.9%
Apollo
Global
Management,
Inc.
13,213
1,804,631
Berkshire
Hathaway,
Inc.,
Class
a
B*
7,396
3,727,806
Block,
Inc.,
Class
a
A*
8,451
693,151
Fidelity
National
Information
Services,
Inc.
37,757
1,539,353
Global
Payments,
Inc.
18,664
1,699,357
Jack
Henry
&
Associates,
Inc.
10,100
1,695,891
Mastercard,
Inc.,
Class
a
A
2,324
1,369,556
PayPal
Holdings,
Inc.
8,314
437,857
Visa,
Inc.,
Class
a
A
5,788
2,195,794
15,163,396
Food
Products
—
1.2%
Archer-Daniels-Midland
Co.
3,054
248,260
Bunge
Global
SA
14,120
1,640,885
General
Mills,
Inc.
5,625
231,750
Hershey
Co.
(The)
8,800
1,550,648
Hormel
Foods
Corp.
62,973
1,375,960
Tyson
Foods,
Inc.,
Class
a
A
25,820
1,423,715
6,471,218
Gas
Utilities
—
0.1%
Atmos
Energy
Corp.
2,685
446,059
Ground
Transportation
—
1.3%
JB
Hunt
Transport
Services,
Inc.
6,034
1,601,846
Norfolk
Southern
Corp.
4,760
1,631,680
Uber
Technologies,
Inc.*
16,895
1,278,107
Union
Pacific
Corp.
6,907
2,076,728
6,588,361
Health
Care
Equipment
&
Supplies
—
1.8%
Baxter
International,
Inc.
10,311
268,086
Boston
Scientific
Corp.*
9,384
453,247
Dexcom,
Inc.*
3,705
337,377
GE
HealthCare
Technologies,
Inc.
8,339
593,987
IDEXX
Laboratories,
Inc.*
2,347
1,306,551
Insulet
Corp.*
9,482
1,409,594
AUGUST
31,
2026
(Unaudited)
::
LARGE
CAP
CORE
PLUS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
49
CSM
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Medtronic
plc
15,002
$
1,359,931
ResMed,
Inc.
3,017
724,382
Solventum
Corp.*
9,624
876,362
STERIS
plc
4,771
1,109,926
Zimmer
Biomet
Holdings,
Inc.
10,282
1,028,611
9,468,054
Health
Care
Providers
&
Services
—
2.2%
Cardinal
Health,
Inc.
6,280
1,473,414
Centene
Corp.*
22,324
1,436,326
Cigna
Group
(The)
6,926
1,912,130
CVS
Health
Corp.
23,100
2,169,321
DaVita,
Inc.*
5,989
1,054,124
UnitedHealth
Group,
Inc.
4,681
1,822,828
Universal
Health
Services,
Inc.,
Class
a
B
9,133
1,555,624
11,423,767
Health
Care
REITs
—
0.5%
Healthpeak
Properties,
Inc.,
REIT
64,412
1,341,058
Ventas,
Inc.,
REIT
15,052
1,372,291
2,713,349
Hotel
&
Resort
REITs
—
0.3%
Host
Hotels
&
Resorts,
Inc.,
REIT
64,633
1,417,402
Hotels,
Restaurants
&
Leisure
—
1.5%
Carnival
Corp.
Ltd.
55,410
1,323,745
Darden
Restaurants,
Inc.
1,003
214,903
Las
Vegas
Sands
Corp.
24,621
1,078,646
Marriott
International,
Inc.,
Class
a
A
2,275
777,504
McDonald's
Corp.
680
179,207
MGM
Resorts
International*
34,839
1,440,941
Norwegian
Cruise
Line
Holdings
Ltd.*
69,709
1,125,103
Royal
Caribbean
Cruises
Ltd.
4,191
1,126,289
Wynn
Resorts
Ltd.
8,256
753,608
8,019,946
Household
Durables
—
0.4%
DR
Horton,
Inc.
5,159
745,785
PulteGroup,
Inc.
10,122
1,278,611
2,024,396
Household
Products
—
0.7%
Kimberly-Clark
Corp.
5,609
605,491
Procter
&
Gamble
Co.
(The)
20,264
2,940,712
3,546,203
Independent
Power
and
Renewable
Electricity
Producers
—
0.3%
AES
Corp.
(The)
101,543
1,496,744
Industrial
Conglomerates
—
0.4%
3M
Co.
11,065
1,901,299
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Industrial
REITs
—
0.2%
Prologis,
Inc.,
REIT
8,056
$
1,127,195
Insurance
—
2.7%
Allstate
Corp.
(The)
7,100
1,830,380
American
International
Group,
Inc.
8,689
663,492
Arch
Capital
Group
Ltd.*
12,734
1,248,823
Assurant,
Inc.
5,368
1,513,024
Brown
&
Brown,
Inc.
10,753
776,044
Cincinnati
Financial
Corp.
9,473
1,609,463
Hartford
Insurance
Group,
Inc.
(The)
9,819
1,348,934
Loews
Corp.
1,912
207,051
Marsh
&
McLennan
Cos.,
Inc.
6,422
1,218,896
MetLife,
Inc.
18,430
1,753,983
Progressive
Corp.
(The)
2,671
582,492
Prudential
Financial,
Inc.
14,132
1,661,923
14,414,505
Interactive
Media
&
Services
—
4.5%
Alphabet,
Inc.,
Class
a
A
28,556
9,690,478
Alphabet,
Inc.,
Class
a
C
22,166
7,434,698
Meta
Platforms,
Inc.,
Class
a
A
11,770
6,736,442
23,861,618
IT
Services
—
0.6%
Accenture
plc,
Class
a
A
3,579
679,151
Cognizant
Technology
Solutions
Corp.,
Class
a
A
8,134
525,294
GoDaddy,
Inc.,
Class
a
A*
17,169
1,680,502
International
Business
Machines
Corp.
781
182,652
3,067,599
Life
Sciences
Tools
&
Services
—
1.0%
Agilent
Technologies,
Inc.
11,556
1,774,539
Danaher
Corp.
2,694
575,331
IQVIA
Holdings,
Inc.*
3,201
836,069
Revvity,
Inc.
3,697
475,693
Thermo
Fisher
Scientific,
Inc.
561
346,193
West
Pharmaceutical
Services,
Inc.
4,378
1,493,380
5,501,205
Machinery
—
1.9%
Caterpillar,
Inc.
4,350
3,468,995
Fortive
Corp.
21,844
1,285,301
IDEX
Corp.
958
219,037
Illinois
Tool
Works,
Inc.
1,185
326,313
Otis
Worldwide
Corp.
21,556
1,533,278
Pentair
plc
13,736
830,479
Stanley
Black
&
Decker,
Inc.
15,204
1,465,209
Xylem,
Inc.
9,007
991,761
10,120,373
Media
—
0.5%
AppLovin
Corp.,
Class
a
A*
4,735
1,477,604
LARGE
CAP
CORE
PLUS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
50
CSM
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
EchoStar
Corp.,
Class
a
A*
4,777
$
412,924
Fox
Corp.,
Class
a
A
4,432
298,495
Omnicom
Group,
Inc.
5,974
522,904
2,711,927
Metals
&
Mining
—
0.6%
Freeport-McMoRan,
Inc.
10,591
802,162
Newmont
Corp.
17,917
2,258,617
Nucor
Corp.
685
171,004
3,231,783
Multi-Utilities
—
1.1%
Ameren
Corp.
12,922
1,369,861
Consolidated
Edison,
Inc.
13,088
1,400,678
DTE
Energy
Co.
11,996
1,627,017
WEC
Energy
Group,
Inc.
13,828
1,468,119
5,865,675
Oil,
Gas
&
Consumable
Fuels
—
2.8%
APA
Corp.
23,601
1,018,383
Chevron
Corp.
3,247
669,336
Devon
Energy
Corp.
38,217
1,853,907
EOG
Resources,
Inc.
13,383
1,940,000
ExxonMobil
Holdings
Corp.
15,640
2,517,258
Kinder
Morgan,
Inc.
45,167
1,456,184
Marathon
Petroleum
Corp.
4,424
1,651,568
ONEOK,
Inc.
17,492
1,679,407
Phillips
66
5,745
1,416,602
Texas
Pacific
Land
Corp.
1,565
585,842
14,788,487
Passenger
Airlines
—
0.2%
Southwest
Airlines
Co.
25,267
973,537
Personal
Care
Products
—
0.0%(b)
Kenvue,
Inc.
10,148
191,594
Pharmaceuticals
—
1.9%
Bristol-Myers
Squibb
Co.
10,249
684,736
Eli
Lilly
&
Co.
3,226
3,731,611
Johnson
&
Johnson
7,992
2,124,673
Merck
&
Co.,
Inc.
16,053
2,371,991
Viatris,
Inc.
57,686
952,396
9,865,407
Professional
Services
—
0.6%
Broadridge
Financial
Solutions,
Inc.
7,584
1,383,170
Leidos
Holdings,
Inc.
11,285
1,582,270
Paychex,
Inc.
1,776
226,156
3,191,596
Real
Estate
Management
&
Development
—
0.2%
CBRE
Group,
Inc.,
Class
a
A*
7,923
1,155,253
Residential
REITs
—
0.5%
Invitation
Homes,
Inc.,
REIT
45,760
1,333,447
UDR,
Inc.,
REIT
36,235
1,338,883
2,672,330
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Retail
REITs
—
0.9%
Federal
Realty
Investment
Trust,
REIT
13,210
$
1,532,756
Kimco
Realty
Corp.,
REIT
65,965
1,564,030
Simon
Property
Group,
Inc.,
REIT
8,076
1,714,697
4,811,483
Semiconductors
&
Semiconductor
Equipment
—
11.7%
Advanced
Micro
Devices,
Inc.*
8,077
3,802,005
Analog
Devices,
Inc.
2,441
883,984
Applied
Materials,
Inc.
1,822
835,187
Broadcom,
Inc.
23,238
8,605,961
First
Solar,
Inc.*
2,453
495,261
Intel
Corp.*
18,913
1,692,903
KLA
Corp.
929
162,993
Lam
Research
Corp.
5,384
1,623,222
Microchip
Technology,
Inc.
18,329
1,346,265
Micron
Technology,
Inc.
8,041
7,709,148
Monolithic
Power
Systems,
Inc.
1,290
1,635,423
NVIDIA
Corp.
129,003
28,481,282
QUALCOMM,
Inc.
5,878
1,002,081
Skyworks
Solutions,
Inc.
3,810
255,308
Teradyne,
Inc.
4,450
1,556,743
Texas
Instruments,
Inc.
5,193
1,354,906
61,442,672
Software
—
7.6%
Adobe,
Inc.*
6,044
1,769,623
Autodesk,
Inc.*
7,109
1,837,890
Fair
Isaac
Corp.*
1,200
1,376,652
Fortinet,
Inc.*
1,906
325,793
Gen
Digital,
Inc.
52,130
1,616,030
Intuit,
Inc.
3,193
1,147,245
Microsoft
Corp.
38,710
19,637,196
Oracle
Corp.
14,092
2,101,399
Palantir
Technologies,
Inc.,
Class
a
A*
16,937
3,156,718
Palo
Alto
Networks,
Inc.*
665
254,116
PTC,
Inc.*
1,259
196,077
Salesforce,
Inc.
10,602
2,730,439
ServiceNow,
Inc.*
1,461
216,213
Synopsys,
Inc.*
2,246
987,319
Trimble,
Inc.*
27,015
1,619,279
Tyler
Technologies,
Inc.*
577
214,771
Workday,
Inc.,
Class
a
A*
3,922
774,399
39,961,159
Specialized
REITs
—
1.1%
American
Tower
Corp.,
REIT
3,488
612,841
Digital
Realty
Trust,
Inc.,
REIT
7,091
1,316,019
Equinix,
Inc.,
REIT
740
774,573
Iron
Mountain,
Inc.,
REIT
4,774
550,681
VICI
Properties,
Inc.,
Class
a
A,
REIT
59,345
1,522,199
Weyerhaeuser
Co.,
REIT
53,303
1,245,691
6,022,004
AUGUST
31,
2026
(Unaudited)
::
LARGE
CAP
CORE
PLUS
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
51
CSM
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Specialty
Retail
—
1.3%
AutoZone,
Inc.*
228
$
682,003
Best
Buy
Co.,
Inc.
12,616
1,011,173
Carvana
Co.,
Class
a
A*
7,829
575,118
Home
Depot,
Inc.
(The)
1,380
452,405
Lowe's
Cos.,
Inc.
7,803
1,597,274
Ross
Stores,
Inc.
1,652
377,548
TJX
Cos.,
Inc.
(The)
15,383
2,059,938
6,755,459
Technology
Hardware,
Storage
&
Peripherals
—
5.9%
Apple,
Inc.
77,500
24,555,875
Dell
Technologies,
Inc.,
Class
a
C
1,626
741,472
HP,
Inc.
38,088
1,143,402
Sandisk
Corp.*
1,779
2,787,159
Seagate
Technology
Holdings
plc
396
328,038
Western
Digital
Corp.
3,945
1,777,420
31,333,366
Textiles,
Apparel
&
Luxury
Goods
—
0.2%
Deckers
Outdoor
Corp.*
3,219
280,311
Ralph
Lauren
Corp.,
Class
a
A
1,675
581,057
Tapestry,
Inc.
1,329
163,985
1,025,353
Tobacco
—
0.4%
Altria
Group,
Inc.
28,322
1,939,491
Philip
Morris
International,
Inc.
1,031
193,106
2,132,597
Trading
Companies
&
Distributors
—
0.1%
WW
Grainger,
Inc.
504
659,983
Wireless
Telecommunication
Services
—
0.3%
T-Mobile
US,
Inc.
8,961
1,616,923
Total
Common
Stocks
(Cost
$366,190,849)
480,365,555
Investments
Shares
Value
Exchange
Traded
Funds
—
4
.7
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(c)(d)
(Cost
$25,010,000)
250,000
$
25,030,000
Principal
Amount
Short-Term
Investments
—
1
.8
%
Repurchase
Agreements
(e)
—
1
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$9,222,184
(Cost
$9,221,263)
$
9,221,263
9,221,263
Total
Investments
—
97.7%
(Cost
$400,422,112)
514,616,818
Other
assets
less
liabilities
—
2.3%
12,120,458
Net
Assets
—
100.0%
$
526,737,276
*
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
$68,000,756.
(b)
Represents
less
than
0.05%
of
net
assets.
(c)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(d)
Represents
7-day
effective
yield
as
of
August
31,
2026.
(e)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Abbreviations
REIT
Real
Estate
Investment
Trust
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
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
25,030,000
–
–
–
–
25,030,000
250,000
226,739
LARGE
CAP
CORE
PLUS
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
52
CSM
::
Swap
Agreements
Large
Cap
Core
Plus
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(63,444,000)
11/15/2027
Goldman
Sachs
International
(3.88)%
UBS
130/30
Large
Cap
Index
(short
portion)
c
(
7,083,112
)
(47,993,608)
11/15/2027
Societe
Generale
(3.63)%
UBS
130/30
Large
Cap
Index
(short
portion)
c
(
5,957,003
)
69,587,696
11/15/2027
Societe
Generale
4.68%
UBS
130/30
Large
Cap
Index
(long
portion)
d
7,280,006
21,594,088
1,323,003
(46,839,950)
4/15/2027
UBS
AG
(4.28)%
UBS
130/30
Large
Cap
Index
(short
portion)
c
(
4,373,246
)
135,012,116
11/6/2026
UBS
AG
4.68%
UBS
130/30
Large
Cap
Index
(long
portion)
d
21,988,381
88,172,166
17,615,135
46,322,254
11,855,026
Total
Unrealized
Appreciation
29,268,387
Total
Unrealized
Depreciation
(
17,413,361
)
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
Certain
underlying
short
component
disclosures
related
to
this
index
may
be
found
on
the
website
at
www.proshares.com/media/Large_Cap_
Short_August.pdf
d
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
long
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
AUGUST
31,
2026
(Unaudited)
::
LONG
ONLINE/SHORT
STORES
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
53
CLIX
::
Investments
Shares
Value
Common
Stocks
—
84
.4
%
Broadline
Retail
—
56.4%
Alibaba
Group
Holding
Ltd.,
ADR
3,901
$
444,792
Amazon.com,
Inc.*
4,947
1,285,082
Coupang,
Inc.*
12,143
195,017
eBay,
Inc.
3,936
407,612
Etsy,
Inc.*
2,083
169,410
Global-e
Online
Ltd.*
2,303
86,017
JD.com,
Inc.,
ADR
4,740
133,858
MercadoLibre,
Inc.*
111
214,918
Ozon
Holdings
plc,
ADR*‡
3,471
—
Pattern
Group,
Inc.,
Class
a
A*
7,824
162,192
PDD
Holdings,
Inc.,
ADR*
2,886
242,424
Sea
Ltd.,
ADR*
1,521
172,603
3,513,925
Commercial
Services
&
Supplies
—
2.6%
Liquidity
Services,
Inc.*
3,864
161,051
Distributors
—
2.4%
GigaCloud
Technology,
Inc.,
Class
a
A*
3,121
151,462
Specialty
Retail
—
20.4%
Carvana
Co.,
Class
a
A*
3,609
265,117
Chewy,
Inc.,
Class
a
A*
7,525
179,095
RealReal,
Inc.
(The)*
14,800
151,552
Revolve
Group,
Inc.,
Class
a
A*
6,944
154,296
ThredUp,
Inc.,
Class
a
A*
58,340
156,934
Wayfair,
Inc.,
Class
a
A*
1,726
171,340
Williams-Sonoma,
Inc.
835
190,589
1,268,923
Textiles,
Apparel
&
Luxury
Goods
—
2.6%
Figs,
Inc.,
Class
a
A*
10,737
164,706
Total
Common
Stocks
(Cost
$4,556,556)
5,260,067
Principal
Amount
Short-Term
Investments
—
6
.7
%
Repurchase
Agreements
(a)
—
6
.7
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$420,063
(Cost
$420,021)
$
420,021
420,021
Total
Investments
—
91.1%
(Cost
$4,976,577)
5,680,088
Other
assets
less
liabilities
—
8.9%
555,296
Net
Assets
—
100.0%
$
6,235,384
*
Non-income
producing
security.
‡
Value
determined
using
significant
unobservable
inputs.
(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.
Abbreviations
ADR
American
Depositary
Receipt
LONG
ONLINE/SHORT
STORES
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
54
CLIX
::
Swap
Agreements
Long
Online/Short
Stores
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(2,489,048)
4/15/2027
BNP
Paribas
(4.28)%
Solactive-ProShares
Bricks
and
Mortar
Retail
Store
Index
(
191,802
)
424,070
4/15/2027
BNP
Paribas
4.73%
ProShares
Online
Retail
Index
17,500
(2,064,978)
(
174,302
)
(149,055)
11/6/2026
Goldman
Sachs
International
(3.38)%
Solactive-ProShares
Bricks
and
Mortar
Retail
Store
Index
1,657
18,743
11/6/2026
Goldman
Sachs
International
4.38%
ProShares
Online
Retail
Index
2,822
(130,312)
4,479
(475,900)
3/8/2027
Societe
Generale
(3.38)%
Solactive-ProShares
Bricks
and
Mortar
Retail
Store
Index
(
214,487
)
459,214
11/6/2026
Societe
Generale
3.38%
ProShares
Online
Retail
Index
278,424
(16,686)
63,937
74,974
11/15/2027
UBS
AG
4.68%
ProShares
Online
Retail
Index
(
7,108
)
(2,137,002)
(
112,994
)
Total
Unrealized
Appreciation
300,403
Total
Unrealized
Depreciation
(
413,397
)
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)
::
MERGER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
55
MRGR
::
Investments
Shares
Value
Common
Stocks
—
91
.3
%
Automobile
Components
—
2.2%
LCI
Industries
3,449
$
347,073
Banks
—
2.1%
TriCo
Bancshares
6,084
324,764
Biotechnology
—
2.4%
Apogee
Therapeutics,
Inc.*
2,746
370,929
Verve
Therapeutics,
Inc.*‡
26,450
16,664
387,593
Capital
Markets
—
7.0%
Allfunds
Group
plc
36,840
379,347
DigitalBridge
Group,
Inc.
23,297
370,655
MarketAxess
Holdings,
Inc.
2,253
366,405
1,116,407
Chemicals
—
2.1%
Element
Solutions,
Inc.
9,464
336,351
Commercial
Services
&
Supplies
—
2.3%
Mitie
Group
plc
130,278
368,235
Diversified
Telecommunication
Services
—
4.3%
IHS
Holding
Ltd.*
44,087
370,772
Iridium
Communications,
Inc.
6,676
313,638
684,410
Electrical
Equipment
—
2.3%
Atkore,
Inc.
3,923
367,546
Entertainment
—
2.6%
Roku,
Inc.,
Class
a
A*
2,588
406,135
Financial
Services
—
2.3%
Payoneer
Global,
Inc.*
51,871
368,803
Food
Products
—
2.3%
Utz
Brands,
Inc.
26,017
369,441
Health
Care
Equipment
&
Supplies
—
4.6%
Integer
Holdings
Corp.*
2,949
369,362
Lantheus
Holdings,
Inc.*
3,633
366,788
736,150
Hotels,
Restaurants
&
Leisure
—
4.5%
Caesars
Entertainment,
Inc.*
12,521
371,874
Delivery
Hero
SE(a)(b)
8,203
349,970
721,844
Household
Durables
—
2.3%
Beazer
Homes
USA,
Inc.*
11,029
365,942
Industrial
REITs
—
2.3%
LXP
Industrial
Trust,
REIT
6,009
364,806
Investments
Shares
Value
Common
Stocks
(continued)
Insurance
—
4.7%
Safety
Insurance
Group,
Inc.
3,541
$
367,343
Steadfast
Group
Ltd.
90,800
379,993
747,336
Life
Sciences
Tools
&
Services
—
8.0%
BioLife
Solutions,
Inc.*
11,736
435,053
Bio-Techne
Corp.
5,151
372,469
Personalis,
Inc.(a)
27,409
459,923
1,267,445
Machinery
—
2.3%
Rotork
plc
55,837
366,947
Media
—
2.3%
DoubleVerify
Holdings,
Inc.*
27,801
372,533
Oil,
Gas
&
Consumable
Fuels
—
4.9%
BLUENORD
ASA*
6,908
407,364
DCC
Energy
plc
4,345
375,032
782,396
Passenger
Airlines
—
2.3%
easyJet
plc
40,174
366,897
Personal
Care
Products
—
2.6%
Kenvue,
Inc.
21,813
411,830
Pharmaceuticals
—
9.3%
AtaiBeckley,
Inc.*
51,088
374,986
Crinetics
Pharmaceuticals,
Inc.*
4,370
371,232
Organon
&
Co.
27,618
380,024
Supernus
Pharmaceuticals,
Inc.*
7,978
352,707
1,478,949
Professional
Services
—
2.3%
CBIZ,
Inc.*
6,652
362,468
Semiconductors
&
Semiconductor
Equipment
—
2.4%
Silicon
Laboratories,
Inc.*
1,751
383,557
Software
—
2.3%
Weave
Communications,
Inc.*
50,300
367,693
Specialty
Retail
—
2.3%
MarineMax,
Inc.*
7,034
367,034
Total
Common
Stocks
(Cost
$14,273,120)
14,540,585
Securities
Lending
Reinvestments
(c)
—
5
.3
%
Investment
Companies
—
5
.3
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$850,826)
850,826
850,826
MERGER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
56
MRGR
::
Investments
Principal
Amount
Value
Short-Term
Investments
—
3
.5
%
Repurchase
Agreements
(e)
—
3
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$559,254
(Cost
$559,199)
$
559,199
$
559,199
Total
Investments
—
100.1%
(Cost
$15,683,145)
15,950,610
Liabilities
in
excess
of
other
assets
—
(0.1%)
(
23,556
)
Net
Assets
—
100.0%
$
15,927,054
*
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
$809,877,
collateralized
in
the
form
of
cash
with
a
value
of
$850,826
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(b)
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.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$850,826.
(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
Forward
Currency
Contracts
Merger
ETF
had
the
following
open
forward
currency
contracts
as
of
August
31,
2026:
Currency
A
Counterparty
A
Delivery
Date
A
Foreign
Currency
to
Receive
(Pay)
A
U.S.
Dollars
to
Receive
(Pay)
A
Market
Value
A
Net
Unrealized
Appreciation
/
(Depreciation)
A
AAA
U.S.
Dollar
vs.
Canadian
Dollar
Goldman
Sachs
International
10/20/26
975,000
$
(
699,147
)
$
705,069
$
5,922
U.S.
Dollar
vs.
Euro
Goldman
Sachs
International
10/20/26
336,000
(
383,736
)
391,018
7,282
U.S.
Dollar
vs.
British
Pound
Goldman
Sachs
International
10/20/26
843,000
(
1,131,314
)
1,142,357
11,043
U.S.
Dollar
vs.
Norwegian
Krone
Goldman
Sachs
International
10/20/26
243,000
(
25,365
)
25,990
625
U.S.
Dollar
vs.
Euro
Goldman
Sachs
International
10/20/26
(
8,000
)
9,357
(
9,310
)
47
U.S.
Dollar
vs.
British
Pound
Goldman
Sachs
International
10/20/26
(
3,000
)
4,090
(
4,066
)
24
U.S.
Dollar
vs.
Norwegian
Krone
Goldman
Sachs
International
10/20/26
(
187,000
)
20,090
(
20,000
)
90
Total
Unrealized
Appreciation
$
25,033
U.S.
Dollar
vs.
Canadian
Dollar
Goldman
Sachs
International
10/20/26
757,000
$
(
551,104
)
$
547,423
$
(
3,681
)
U.S.
Dollar
vs.
Norwegian
Krone
Goldman
Sachs
International
10/20/26
104,000
(
11,160
)
11,123
(
37
)
U.S.
Dollar
vs.
Australian
Dollar
Goldman
Sachs
International
10/20/26
(
529,000
)
378,272
(
378,790
)
(
518
)
U.S.
Dollar
vs.
Canadian
Dollar
Goldman
Sachs
International
10/20/26
(
1,732,000
)
1,229,016
(
1,252,495
)
(
23,479
)
U.S.
Dollar
vs.
Euro
Goldman
Sachs
International
10/20/26
(
965,000
)
1,106,542
(
1,123,012
)
(
16,470
)
U.S.
Dollar
vs.
British
Pound
Goldman
Sachs
International
10/20/26
(
1,931,000
)
2,585,593
(
2,616,714
)
(
31,121
)
U.S.
Dollar
vs.
Norwegian
Krone
Goldman
Sachs
International
10/20/26
(
3,890,000
)
404,376
(
416,045
)
(
11,669
)
Total
Unrealized
Depreciation
$
(
86,975
)
Total
Net
Unrealized
Depreciation
$
(
61,942
)
AUGUST
31,
2026
(Unaudited)
::
MERGER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
57
MRGR
::
Swap
Agreements
Merger
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
(7,855)
11/6/2026
Citibank
NA
(2.93)%
S&P
Merger
Arbitrage
Index
(short
exposure
to
Acquirers)
c
(
415
)
9,835
11/6/2026
Citibank
NA
4.28%
S&P
Merger
Arbitrage
Index
(long
exposure
to
Targets)
d
240
1,980
(
175
)
(4,435,383)
11/6/2026
Societe
Generale
(2.63)%
S&P
Merger
Arbitrage
Index
(short
exposure
to
Acquirers)
c
337,090
4,336,979
11/6/2026
Societe
Generale
4.63%
S&P
Merger
Arbitrage
Index
(long
exposure
to
Targets)
d
48,665
(98,404)
385,755
(96,424)
385,580
Total
Unrealized
Appreciation
385,995
Total
Unrealized
Depreciation
(
415
)
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
Certain
underlying
short
component
disclosures
related
to
this
index
may
be
found
on
the
website
at
www.proshares.com/media/Merger_
Acquirers_August.pdf.
d
See
the
Common
Stocks
section
of
the
preceding
Schedule
of
Portfolio
Investments
for
the
representative
long
components
of
the
underlying
reference
instrument
and
their
relative
weightings.
Merger
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
70
.2
%
United
Kingdom
14
.0
%
Norway
2
.5
%
Australia
2
.4
%
Germany
2
.2
%
Other
a
8
.7
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
METAVERSE
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
58
VERS
::
Investments
Shares
Value
Common
Stocks
—
100
.0
%
Broadline
Retail
—
4.5%
Amazon.com,
Inc.*
1,082
$
281,071
Communications
Equipment
—
1.7%
Nokia
OYJ,
ADR
10,621
107,697
Electronic
Equipment,
Instruments
&
Components
—
3.7%
Coherent
Corp.*
239
66,401
MicroVision,
Inc.*
880
1,593
Vuzix
Corp.*
63,931
166,860
234,854
Entertainment
—
6.9%
HUYA,
Inc.,
ADR
39,120
83,717
ROBLOX
Corp.,
Class
a
A*
5,459
225,402
Take-Two
Interactive
Software,
Inc.*
578
126,986
436,105
Interactive
Media
&
Services
—
13.3%
Alphabet,
Inc.,
Class
a
A
838
284,375
Meta
Platforms,
Inc.,
Class
a
A
502
287,315
Snap,
Inc.,
Class
a
A*
48,831
271,012
842,702
Media
—
2.3%
Stagwell,
Inc.,
Class
a
A*
16,405
142,395
Real
Estate
Management
&
Development
—
0.5%
AGNT,
Inc.
8,134
33,512
Semiconductors
&
Semiconductor
Equipment
—
43.9%
Aeluma,
Inc.*
13,063
171,125
Ambarella,
Inc.*
2,627
182,261
Ambiq
Micro,
Inc.*
3,118
181,811
Amkor
Technology,
Inc.
375
17,738
ARM
Holdings
plc,
ADR*
429
103,779
Blaize
Holdings,
Inc.(a)
145,301
70,849
Cirrus
Logic,
Inc.*
1,200
131,412
GSI
Technology,
Inc.*
8,504
47,112
Himax
Technologies,
Inc.,
ADR
13,666
187,498
Kopin
Corp.*
60,734
269,659
Micron
Technology,
Inc.
197
188,870
NVIDIA
Corp.
1,326
292,754
Photronics,
Inc.*
2,714
76,372
Qorvo,
Inc.*
2,856
274,404
QUALCOMM,
Inc.
966
164,684
Semtech
Corp.*
1,205
160,217
Skyworks
Solutions,
Inc.(a)
199
13,335
Synaptics,
Inc.*
229
22,149
Universal
Display
Corp.
2,613
217,323
2,773,352
Software
—
10.5%
Figma,
Inc.,
Class
a
A*
7,958
218,766
Microsoft
Corp.
594
301,330
PTC,
Inc.*
388
60,427
Investments
Shares
Value
Common
Stocks
(continued)
Unity
Software,
Inc.*
1,928
$
81,169
661,692
Technology
Hardware,
Storage
&
Peripherals
—
12.7%
Apple,
Inc.
948
300,374
Immersion
Corp.
31,445
238,353
Sandisk
Corp.*
167
261,639
800,366
Total
Common
Stocks
(Cost
$6,795,407)
6,313,746
Securities
Lending
Reinvestments
(b)
—
1
.3
%
Investment
Companies
—
1
.3
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(c)
(Cost
$84,985)
84,985
84,985
Total
Investments
—
101.3%
(Cost
$6,880,392)
6,398,731
Liabilities
in
excess
of
other
assets
—
(1.3%)
(
83,274
)
Net
Assets
—
100.0%
$
6,315,457
*
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
$47,530,
collateralized
in
the
form
of
cash
with
a
value
of
$84,985
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$84,985.
(c)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
Abbreviations
ADR
American
Depositary
Receipt
OYJ
Public
Limited
Company
AUGUST
31,
2026
(Unaudited)
::
METAVERSE
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
59
VERS
::
Metaverse
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
94
.0
%
Taiwan
3
.0
%
Finland
1
.7
%
China
1
.3
%
Other
a
0.0
%
*
100
.0
%
*
Amount
represents
less
than
0.05%.
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
MSCI
EAFE
DIVIDEND
GROWERS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
60
EFAD
::
Investments
Shares
Value
Common
Stocks
—
99
.2
%
Aerospace
&
Defense
—
1.3%
BAE
Systems
plc
29,507
$
817,714
Biotechnology
—
1.4%
CSL
Ltd.
7,315
899,420
Broadline
Retail
—
1.3%
Pan
Pacific
International
Holdings
Corp.
168,698
852,496
Building
Products
—
1.3%
Geberit
AG
(Registered)
1,228
866,645
Capital
Markets
—
4.2%
Deutsche
Boerse
AG
2,675
894,897
London
Stock
Exchange
Group
plc
7,482
912,969
Partners
Group
Holding
AG
965
875,242
2,683,108
Chemicals
—
6.8%
Air
Liquide
SA
4,458
877,948
Givaudan
SA
(Registered)
218
885,545
Nippon
Sanso
Holdings
Corp.
24,014
854,125
Sika
AG
(Registered)
3,754
892,327
Symrise
AG,
Class
a
A
8,491
909,382
4,419,327
Construction
&
Engineering
—
1.3%
ACS
Actividades
de
Construccion
y
Servicios
SA
6,988
828,772
Construction
Materials
—
1.4%
Buzzi
SpA
18,919
902,347
Diversified
Telecommunication
Services
—
5.4%
Elisa
OYJ
20,827
850,613
HKT
Trust
&
HKT
Ltd.
548,761
854,716
NTT,
Inc.
861,585
930,670
Telenor
ASA
59,863
877,815
3,513,814
Electric
Utilities
—
5.4%
CK
Infrastructure
Holdings
Ltd.
(a)
104,925
873,338
Elia
Group
SA/NV
5,934
884,364
Enel
SpA
78,471
858,742
Iberdrola
SA
37,102
865,401
3,481,845
Electrical
Equipment
—
1.3%
Schneider
Electric
SE
2,529
865,442
Electronic
Equipment,
Instruments
&
Components
—
2.7%
Halma
plc
18,273
899,811
Murata
Manufacturing
Co.
Ltd.
18,734
843,584
1,743,395
Investments
Shares
Value
Common
Stocks
(continued)
Financial
Services
—
2.7%
Sofina
SA
3,042
$
872,089
Washington
H
Soul
Pattinson
&
Co.
Ltd.
26,955
859,234
1,731,323
Food
Products
—
5.3%
Chocoladefabriken
Lindt
&
Spruengli
AG,
Class
a
PC
76
823,541
Kerry
Group
plc,
Class
a
A
9,073
885,293
Lotus
Bakeries
NV
59
874,499
Nestle
SA
(Registered)
8,761
854,684
3,438,017
Gas
Utilities
—
1.5%
APA
Group
120,578
941,029
Health
Care
Equipment
&
Supplies
—
4.1%
Coloplast
A/S,
Class
a
B
12,525
892,961
Fisher
&
Paykel
Healthcare
Corp.
Ltd.
34,411
903,799
Terumo
Corp.
55,557
875,302
2,672,062
Health
Care
Technology
—
1.2%
Pro
Medicus
Ltd.
6,124
787,300
Household
Durables
—
1.4%
Sony
Group
Corp.
37,229
936,233
Household
Products
—
1.4%
Unicharm
Corp.(a)
140,082
874,641
Industrial
Conglomerates
—
2.8%
Hikari
Tsushin,
Inc.(a)
3,603
913,074
Lifco
AB,
Class
a
B
26,152
865,652
1,778,726
Industrial
REITs
—
1.3%
Segro
plc,
REIT
66,404
865,374
Insurance
—
5.5%
AIA
Group
Ltd.
93,139
905,929
Legal
&
General
Group
plc
213,875
850,777
Swiss
Life
Holding
AG
(Registered)
759
863,322
Tokio
Marine
Holdings,
Inc.
18,967
915,362
3,535,390
IT
Services
—
2.9%
Obic
Co.
Ltd.
29,817
949,431
Otsuka
Corp.
40,098
906,690
1,856,121
Machinery
—
1.4%
Spirax
Group
plc
9,105
877,698
AUGUST
31,
2026
(Unaudited)
::
MSCI
EAFE
DIVIDEND
GROWERS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
61
EFAD
::
Investments
Shares
Value
Common
Stocks
(continued)
Metals
&
Mining
—
1.4%
Northern
Star
Resources
Ltd.
54,030
$
907,611
Personal
Care
Products
—
1.4%
Kao
Corp.(a)
39,431
899,015
Pharmaceuticals
—
11.9%
Astellas
Pharma,
Inc.
58,766
872,686
Financiere
de
Tubize
SA
4,023
860,321
Novartis
AG
(Registered)
5,468
834,192
Novo
Nordisk
A/S,
Class
a
B
18,562
843,399
Recordati
Industria
Chimica
e
Farmaceutica
SpA
14,015
855,505
Roche
Holding
AG
1,892
826,162
Sanofi
SA
9,464
844,402
Shionogi
&
Co.
Ltd.
48,037
875,492
UCB
SA
3,414
853,816
7,665,975
Professional
Services
—
4.1%
Computershare
Ltd.
30,661
873,655
RELX
plc
24,896
901,907
Wolters
Kluwer
NV
10,528
866,325
2,641,887
Real
Estate
Management
&
Development
—
2.7%
Hulic
Co.
Ltd.(a)
79,592
889,395
Sumitomo
Realty
&
Development
Co.
Ltd.
41,948
873,659
1,763,054
Semiconductors
&
Semiconductor
Equipment
—
2.6%
ASML
Holding
NV
493
831,400
Lasertec
Corp.(a)
3,901
821,752
1,653,152
Software
—
4.2%
Nemetschek
SE
11,906
972,250
Sage
Group
plc
(The)
59,399
879,422
SAP
SE
4,000
886,998
2,738,670
Technology
Hardware,
Storage
&
Peripherals
—
2.8%
FUJIFILM
Holdings
Corp.
43,766
929,063
Logitech
International
SA
(Registered)(a)
8,656
850,655
1,779,718
Trading
Companies
&
Distributors
—
1.4%
Bunzl
plc
23,126
875,410
Water
Utilities
—
1.4%
United
Utilities
Group
plc
45,234
877,607
Total
Common
Stocks
(Cost
$54,336,118)
63,970,338
Investments
Shares
Value
Securities
Lending
Reinvestments
(b)
—
2
.5
%
Investment
Companies
—
2
.5
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(c)
(Cost
$1,633,460)
1,633,460
$
1,633,460
Principal
Amount
Short-Term
Investments
—
0
.3
%
Repurchase
Agreements
(d)
—
0
.3
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$223,433
(Cost
$223,410)
$
223,410
223,410
Total
Investments
—
102.0%
(Cost
$56,192,988)
65,827,208
Liabilities
in
excess
of
other
assets
—
(2.0%)
(
1,289,172
)
Net
Assets
—
100.0%
$
64,538,036
(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
$2,127,083,
collateralized
in
the
form
of
cash
with
a
value
of
$1,633,460
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$623,966
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.13%
–
4.88%,
and
maturity
dates
ranging
from
October
15,
2026
–
May
15,
2052.
The
total
value
of
collateral
is
$2,257,426.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$1,633,460.
(c)
Rate
shown
is
the
7-day
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
OYJ
Public
Limited
Company
REIT
Real
Estate
Investment
Trust
MSCI
EAFE
DIVIDEND
GROWERS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
62
EFAD
::
MSCI
EAFE
Dividend
Growers
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
Japan
24
.8
%
United
Kingdom
13
.6
%
Switzerland
13
.3
%
Australia
8
.2
%
Belgium
6
.7
%
Germany
5
.7
%
Hong
Kong
4
.1
%
Italy
4
.1
%
France
4
.0
%
Denmark
2
.7
%
Netherlands
2
.6
%
Spain
2
.6
%
New
Zealand
1
.4
%
Ireland
1
.4
%
Norway
1
.4
%
Sweden
1
.3
%
Finland
1
.3
%
Other
a
0
.8
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
AUGUST
31,
2026
(Unaudited)
::
MSCI
EMERGING
MARKETS
DIVIDEND
GROWERS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
63
EMDV
::
Investments
Shares
Value
Common
Stocks
—
99
.4
%
Automobile
Components
—
2.2%
Hankook
Tire
&
Technology
Co.
Ltd.
3,330
$
162,047
Banks
—
18.0%
Bank
of
China
Ltd.,
Class
a
A
179,600
173,991
Bank
of
Communications
Co.
Ltd.,
Class
a
A
152,700
164,520
China
Construction
Bank
Corp.,
Class
a
A
103,500
169,116
China
Merchants
Bank
Co.
Ltd.,
Class
a
A
27,900
166,573
Haci
Omer
Sabanci
Holding
A/S
86,070
166,219
Huaxia
Bank
Co.
Ltd.,
Class
a
A
165,700
153,621
Industrial
&
Commercial
Bank
of
China
Ltd.,
Class
a
A
140,000
168,129
Postal
Savings
Bank
of
China
Co.
Ltd.,
Class
a
H(a)
259,312
175,335
1,337,504
Beverages
—
10.5%
Coca-Cola
Femsa
SAB
de
CV
14,339
159,399
Kweichow
Moutai
Co.
Ltd.,
Class
a
A
800
154,708
Luzhou
Laojiao
Co.
Ltd.,
Class
a
A
12,900
147,816
Tsingtao
Brewery
Co.
Ltd.,
Class
a
H
29,348
152,385
Wuliangye
Yibin
Co.
Ltd.,
Class
a
A
15,200
161,209
775,517
Capital
Markets
—
4.4%
HDFC
Asset
Management
Co.
Ltd.(a)
6,088
167,715
Reinet
Investments
SCA
5,865
158,493
326,208
Chemicals
—
2.2%
Pidilite
Industries
Ltd.
9,415
166,941
Communications
Equipment
—
4.3%
Suzhou
TFC
Optical
Communication
Co.
Ltd.,
Class
a
A
3,900
152,637
Yealink
Network
Technology
Corp.
Ltd.,
Class
a
A
27,400
168,808
321,445
Construction
&
Engineering
—
2.1%
China
State
Construction
Engineering
Corp.
Ltd.,
Class
a
A
247,600
159,543
Consumer
Finance
—
2.2%
Sundaram
Finance
Ltd.
3,464
165,228
Consumer
Staples
Distribution
&
Retail
—
2.2%
Shoprite
Holdings
Ltd.
8,606
164,726
Investments
Shares
Value
Common
Stocks
(continued)
Diversified
Telecommunication
Services
—
2.2%
China
Tower
Corp.
Ltd.,
Class
a
H(a)
138,103
$
160,682
Electric
Utilities
—
2.0%
Interconexion
Electrica
SA
ESP
17,099
151,355
Electrical
Equipment
—
2.3%
WEG
SA
17,300
167,439
Electronic
Equipment,
Instruments
&
Components
—
2.3%
Lotes
Co.
Ltd.
3,204
170,694
Food
Products
—
2.2%
China
Mengniu
Dairy
Co.
Ltd.
69,618
160,757
Gas
Utilities
—
2.3%
ENN
Energy
Holdings
Ltd.
26,948
170,727
Ground
Transportation
—
2.4%
Localiza
Rent
a
Car
SA
25,819
174,749
Household
Durables
—
2.3%
Midea
Group
Co.
Ltd.,
Class
a
A
12,900
168,414
Independent
Power
and
Renewable
Electricity
Producers
—
4.2%
Gulf
Development
PCL,
NVDR
83,141
158,585
NHPC
Ltd.
193,133
155,673
314,258
Interactive
Media
&
Services
—
2.2%
Tencent
Holdings
Ltd.
2,844
164,361
IT
Services
—
8.9%
Infosys
Ltd.,
ADR
13,807
166,513
LTM
Ltd.(a)
3,403
162,318
Mphasis
Ltd.
6,407
163,397
Persistent
Systems
Ltd.
2,819
165,693
657,921
Metals
&
Mining
—
0.0%
Polyus
PJSC,
GDR*‡(a)
3,949
—
Oil,
Gas
&
Consumable
Fuels
—
0.0%
Rosneft
Oil
Co.
PJSC,
GDR*‡(a)
25,159
—
Pharmaceuticals
—
6.8%
Sun
Pharmaceutical
Industries
Ltd.
8,176
170,493
Yuhan
Corp.
2,849
174,237
Zhangzhou
Pientzehuang
Pharmaceutical
Co.
Ltd.,
Class
a
A
8,600
156,301
501,031
Semiconductors
&
Semiconductor
Equipment
—
4.6%
Alchip
Technologies
Ltd.
1,430
183,698
MSCI
EMERGING
MARKETS
DIVIDEND
GROWERS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
64
EMDV
::
Investments
Shares
Value
Common
Stocks
(continued)
NAURA
Technology
Group
Co.
Ltd.,
Class
a
A
1,505
$
156,727
340,425
Technology
Hardware,
Storage
&
Peripherals
—
2.2%
Wistron
Corp.
28,522
160,044
Tobacco
—
2.1%
ITC
Ltd.
58,170
156,149
Wireless
Telecommunication
Services
—
2.3%
China
United
Network
Communications
Ltd.,
Class
a
A
261,800
167,525
Total
Common
Stocks
(Cost
$7,193,381)
7,365,690
Principal
Amount
Short-Term
Investments
—
2
.5
%
Repurchase
Agreements
(b)
—
2
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$184,428
(Cost
$184,408)
$
184,408
184,408
Total
Investments
—
101.9%
(Cost
$7,377,789)
7,550,098
Liabilities
in
excess
of
other
assets
—
(1.9%)
(
138,196
)
Net
Assets
—
100.0%
$
7,411,902
*
Non-income
producing
security.
‡
Value
determined
using
significant
unobservable
inputs.
(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)
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
GDR
Global
Depositary
Receipt
NVDR
Non-Voting
Depositary
Receipt
PJSC
Public
Joint
Stock
Company
SCA
Limited
partnership
with
share
capital
AUGUST
31,
2026
(Unaudited)
::
MSCI
EMERGING
MARKETS
DIVIDEND
GROWERS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
65
EMDV
::
MSCI
Emerging
Markets
Dividend
Growers
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
China
48
.2
%
India
22
.1
%
Taiwan
6
.9
%
Brazil
4
.6
%
South
Korea
4
.5
%
South
Africa
4
.4
%
Turkey
2
.3
%
Mexico
2
.2
%
Thailand
2
.1
%
Colombia
2
.1
%
Russia
0.0
%
*
Other
a
0
.6
%
100
.0
%
*
Amount
represents
less
than
0.05%.
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
MSCI
EUROPE
DIVIDEND
GROWERS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
66
EUDV
::
Investments
Shares
Value
Common
Stocks
—
99
.0
%
Aerospace
&
Defense
—
2.1%
BAE
Systems
plc
6,401
$
177,388
Building
Products
—
2.2%
Geberit
AG
(Registered)
266
187,726
Capital
Markets
—
6.8%
Deutsche
Boerse
AG
580
194,034
London
Stock
Exchange
Group
plc
1,623
198,042
Partners
Group
Holding
AG
209
189,560
581,636
Chemicals
—
9.0%
Air
Liquide
SA
967
190,439
Givaudan
SA
(Registered)
47
190,920
Sika
AG
(Registered)
814
193,488
Symrise
AG,
Class
a
A
1,841
197,170
772,017
Construction
&
Engineering
—
2.1%
ACS
Actividades
de
Construccion
y
Servicios
SA
1,515
179,678
Construction
Materials
—
2.3%
Buzzi
SpA
4,102
195,646
Diversified
Telecommunication
Services
—
4.4%
Elisa
OYJ
4,515
184,401
Telenor
ASA
12,979
190,320
374,721
Electric
Utilities
—
6.6%
Elia
Group
SA/NV
1,287
191,806
Enel
SpA
17,014
186,191
Iberdrola
SA
8,044
187,626
565,623
Electrical
Equipment
—
2.2%
Schneider
Electric
SE
548
187,530
Electronic
Equipment,
Instruments
&
Components
—
2.3%
Halma
plc
3,964
195,198
Financial
Services
—
2.2%
Sofina
SA
660
189,211
Food
Products
—
8.8%
Chocoladefabriken
Lindt
&
Spruengli
AG,
Class
a
PC
17
184,213
Kerry
Group
plc,
Class
a
A
1,967
191,929
Lotus
Bakeries
NV
13
192,686
Nestle
SA
(Registered)
1,899
185,258
754,086
Health
Care
Equipment
&
Supplies
—
2.2%
Coloplast
A/S,
Class
a
B
2,715
193,564
Investments
Shares
Value
Common
Stocks
(continued)
Industrial
Conglomerates
—
2.2%
Lifco
AB,
Class
a
B
5,670
$
187,681
Industrial
REITs
—
2.2%
Segro
plc,
REIT
14,406
187,738
Insurance
—
4.3%
Legal
&
General
Group
plc
46,398
184,567
Swiss
Life
Holding
AG
(Registered)
165
187,679
372,246
Machinery
—
2.2%
Spirax
Group
plc
1,975
190,385
Pharmaceuticals
—
14.9%
Financiere
de
Tubize
SA
872
186,478
Novartis
AG
(Registered)
1,185
180,782
Novo
Nordisk
A/S,
Class
a
B
4,024
182,838
Recordati
Industria
Chimica
e
Farmaceutica
SpA
3,039
185,507
Roche
Holding
AG
410
179,031
Sanofi
SA
2,052
183,085
UCB
SA
740
185,068
1,282,789
Professional
Services
—
4.5%
RELX
plc
5,401
195,662
Wolters
Kluwer
NV
2,283
187,863
383,525
Semiconductors
&
Semiconductor
Equipment
—
2.1%
ASML
Holding
NV
107
180,446
Software
—
6.9%
Nemetschek
SE
2,581
210,766
Sage
Group
plc
(The)
12,886
190,781
SAP
SE
867
192,257
593,804
Technology
Hardware,
Storage
&
Peripherals
—
2.1%
Logitech
International
SA
(Registered)(a)
1,877
184,459
Trading
Companies
&
Distributors
—
2.2%
Bunzl
plc
5,017
189,913
Water
Utilities
—
2.2%
United
Utilities
Group
plc
9,813
190,387
Total
Common
Stocks
(Cost
$7,610,310)
8,497,397
AUGUST
31,
2026
(Unaudited)
::
MSCI
EUROPE
DIVIDEND
GROWERS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
67
EUDV
::
Investments
Shares
Value
Securities
Lending
Reinvestments
(b)
—
2
.1
%
Investment
Companies
—
2
.1
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(c)
(Cost
$179,522)
179,522
$
179,522
Principal
Amount
Short-Term
Investments
—
0
.2
%
Repurchase
Agreements
(d)
—
0
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$20,555
(Cost
$20,554)
$
20,554
20,554
Total
Investments
—
101.3%
(Cost
$7,810,386)
8,697,473
Liabilities
in
excess
of
other
assets
—
(1.3%)
(
113,814
)
Net
Assets
—
100.0%
$
8,583,659
(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
$169,718,
collateralized
in
the
form
of
cash
with
a
value
of
$179,522
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$179,522.
(c)
Rate
shown
is
the
7-day
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
OYJ
Public
Limited
Company
REIT
Real
Estate
Investment
Trust
MSCI
Europe
Dividend
Growers
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
Kingdom
22
.1
%
Switzerland
21
.7
%
Belgium
11
.0
%
Germany
9
.3
%
Italy
6
.6
%
France
6
.5
%
Denmark
4
.4
%
Netherlands
4
.3
%
Spain
4
.3
%
Ireland
2
.2
%
Norway
2
.2
%
Sweden
2
.2
%
Finland
2
.2
%
Other
a
1
.0
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
MSCI
TRANSFORMATIONAL
CHANGES
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
68
ANEW
::
Investments
Shares
Value
Common
Stocks
—
99
.5
%
Aerospace
&
Defense
—
0.1%
Kratos
Defense
&
Security
Solutions,
Inc.*
181
$
9,227
Automobiles
—
0.6%
Tesla,
Inc.*
127
46,730
Biotechnology
—
6.0%
AbbVie,
Inc.
709
181,802
Abivax
SA*
558
63,227
Arrowhead
Pharmaceuticals,
Inc.*
261
21,504
Cogent
Biosciences,
Inc.*
611
21,385
CRISPR
Therapeutics
AG(a)
401
22,849
Krystal
Biotech,
Inc.*
65
23,358
Madrigal
Pharmaceuticals,
Inc.*
37
19,981
Moderna,
Inc.*
974
136,691
490,797
Broadline
Retail
—
7.3%
Alibaba
Group
Holding
Ltd.
8,903
129,710
Amazon.com,
Inc.*
584
151,706
eBay,
Inc.
1,081
111,948
JD.com,
Inc.,
Class
a
A
1,912
27,368
Naspers
Ltd.,
Class
a
N
2,827
138,359
Sea
Ltd.,
ADR*
352
39,945
599,036
Capital
Markets
—
0.4%
Coinbase
Global,
Inc.,
Class
a
A*
50
9,406
FactSet
Research
Systems,
Inc.
44
13,796
Robinhood
Markets,
Inc.,
Class
a
A*
130
13,625
36,827
Chemicals
—
9.5%
Corteva,
Inc.
1,918
162,320
Givaudan
SA
(Registered)
43
174,585
International
Flavors
&
Fragrances,
Inc.
2,104
181,638
Sensient
Technologies
Corp.
542
73,138
Symrise
AG,
Class
a
A
1,714
183,561
775,242
Communications
Equipment
—
0.8%
Arista
Networks,
Inc.*
98
19,178
Cisco
Systems,
Inc.
310
34,252
F5,
Inc.*
25
10,178
63,608
Consumer
Finance
—
0.1%
Bread
Financial
Holdings,
Inc.
114
11,910
Consumer
Staples
Distribution
&
Retail
—
0.8%
Sprouts
Farmers
Market,
Inc.*
764
62,679
Diversified
Telecommunication
Services
—
0.2%
Globalstar,
Inc.*
118
9,623
Investments
Shares
Value
Common
Stocks
(continued)
Iridium
Communications,
Inc.
222
$
10,429
20,052
Electronic
Equipment,
Instruments
&
Components
—
0.1%
Cognex
Corp.
159
9,693
Entertainment
—
6.8%
International
Games
System
Co.
Ltd.
1,337
30,768
Konami
Group
Corp.
239
33,071
Netflix,
Inc.*
1,696
137,461
Nintendo
Co.
Ltd.
2,747
155,517
Square
Enix
Holdings
Co.
Ltd.
1,757
32,500
Take-Two
Interactive
Software,
Inc.*
129
28,341
Warner
Bros
Discovery,
Inc.*
4,858
138,599
556,257
Financial
Services
—
1.4%
Mastercard,
Inc.,
Class
a
A
77
45,377
PayPal
Holdings,
Inc.
220
11,586
Visa,
Inc.,
Class
a
A
155
58,803
115,766
Food
Products
—
4.2%
Kerry
Group
plc,
Class
a
A
1,728
168,601
McCormick
&
Co.,
Inc.
(Non-Voting)
3,206
173,830
342,431
Health
Care
Equipment
&
Supplies
—
11.5%
Abbott
Laboratories
1,706
188,274
Becton
Dickinson
&
Co.
840
158,012
Boston
Scientific
Corp.*
2,667
128,816
Edwards
Lifesciences
Corp.*
1,700
154,275
Globus
Medical,
Inc.,
Class
a
A*
239
19,448
Intuitive
Surgical,
Inc.*
343
129,263
IRhythm
Holdings,
Inc.*
168
19,982
Medline,
Inc.,
Class
a
A*
632
22,139
ResMed,
Inc.
429
103,003
Teleflex,
Inc.
144
20,455
943,667
Health
Care
Providers
&
Services
—
2.2%
Guardant
Health,
Inc.*
352
55,975
Henry
Schein,
Inc.*
262
23,528
Hims
&
Hers
Health,
Inc.*
851
25,172
Quest
Diagnostics,
Inc.
324
77,857
182,532
Hotels,
Restaurants
&
Leisure
—
4.1%
Delivery
Hero
SE*(b)
2,504
106,830
DoorDash,
Inc.,
Class
a
A*
980
227,105
333,935
Interactive
Media
&
Services
—
7.0%
Alphabet,
Inc.,
Class
a
A
391
132,686
Kakao
Corp.
1,114
29,751
Kuaishou
Technology(b)
4,924
21,095
AUGUST
31,
2026
(Unaudited)
::
MSCI
TRANSFORMATIONAL
CHANGES
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
69
ANEW
::
Investments
Shares
Value
Common
Stocks
(continued)
Meta
Platforms,
Inc.,
Class
a
A
251
$
143,657
Pinterest,
Inc.,
Class
a
A*
1,631
35,409
REA
Group
Ltd.
258
32,769
Snap,
Inc.,
Class
a
A*
5,537
30,730
Tencent
Holdings
Ltd.
2,580
149,103
575,200
IT
Services
—
0.9%
Akamai
Technologies,
Inc.*
68
7,386
Applied
Digital
Corp.(a)
264
6,708
Cloudflare,
Inc.,
Class
a
A*
47
14,340
CoreWeave,
Inc.,
Class
a
A*
97
8,235
DigitalOcean
Holdings,
Inc.*
64
7,084
GDS
Holdings
Ltd.,
Class
a
A*
1,837
7,546
International
Business
Machines
Corp.
85
19,879
71,178
Leisure
Products
—
0.4%
Hasbro,
Inc.
316
29,736
Life
Sciences
Tools
&
Services
—
5.3%
Danaher
Corp.
907
193,699
Illumina,
Inc.*
439
93,784
Medpace
Holdings,
Inc.*
45
26,729
QIAGEN
NV
553
23,917
Tempus
AI,
Inc.,
Class
a
A*
419
26,418
West
Pharmaceutical
Services,
Inc.
209
71,292
435,839
Machinery
—
4.8%
AGCO
Corp.
895
105,887
CNH
Industrial
NV
8,403
99,408
Deere
&
Co.
271
177,481
SMC
Corp.
23
10,180
392,956
Pharmaceuticals
—
4.0%
Eli
Lilly
&
Co.
148
171,196
Roche
Holding
AG
363
158,429
329,625
Professional
Services
—
0.2%
Paylocity
Holding
Corp.*
85
13,619
Semiconductors
&
Semiconductor
Equipment
—
9.4%
Advanced
Micro
Devices,
Inc.*
124
58,369
AP
Memory
Technology
Corp.
298
8,708
Applied
Materials,
Inc.
40
18,336
Broadcom,
Inc.
369
136,656
Camtek
Ltd.*
64
8,575
Intel
Corp.*
309
27,659
IonQ,
Inc.(a)
199
7,823
Lattice
Semiconductor
Corp.*
78
8,997
MaxLinear,
Inc.,
Class
a
A*
102
6,111
MediaTek,
Inc.
133
16,456
Micron
Technology,
Inc.
91
87,244
Investments
Shares
Value
Common
Stocks
(continued)
Navitas
Semiconductor
Corp.,
Class
a
A*
497
$
5,760
NVIDIA
Corp.
687
151,676
NXP
Semiconductors
NV
33
7,413
QUALCOMM,
Inc.
85
14,491
Rigetti
Computing,
Inc.(a)
605
9,474
Semtech
Corp.*
72
9,573
Silicon
Laboratories,
Inc.*
45
9,857
SK
hynix,
Inc.
29
35,471
Synaptics,
Inc.*
78
7,544
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.
1,831
138,817
775,010
Software
—
8.2%
Adobe,
Inc.*
594
173,917
Aurora
Innovation,
Inc.,
Class
a
A*
1,391
7,831
Cipher
Digital,
Inc.(a)
514
7,967
Circle
Internet
Group,
Inc.,
Class
a
A*
87
8,313
Cleanspark,
Inc.*
657
7,634
Clear
Secure,
Inc.,
Class
a
A
161
7,108
Commvault
Systems,
Inc.*
95
13,064
Core
Scientific,
Inc.*
421
6,862
Crowdstrike
Holdings,
Inc.,
Class
a
A*
92
21,252
Dropbox,
Inc.,
Class
a
A*
351
12,352
D-Wave
Quantum,
Inc.(a)
531
9,133
Gen
Digital,
Inc.
397
12,307
Hut
8
Corp.*
103
8,100
IREN
Ltd.(a)
202
7,497
MARA
Holdings,
Inc.(a)
776
8,358
Microsoft
Corp.
363
184,146
Nebius
Group
NV,
Class
a
A(a)
49
10,110
Open
Text
Corp.(a)
424
10,579
Oracle
Corp.
152
22,666
Palantir
Technologies,
Inc.,
Class
a
A*
128
23,857
Palo
Alto
Networks,
Inc.*
75
28,660
Procore
Technologies,
Inc.*
204
12,795
Rubrik,
Inc.,
Class
a
A*
150
13,956
ServiceTitan,
Inc.,
Class
a
A*
155
15,196
Strategy,
Inc.,
Class
a
A*
59
7,843
Terawulf,
Inc.(a)
452
6,839
Trend
Micro,
Inc.
251
9,423
Workday,
Inc.,
Class
a
A*
75
14,809
672,574
Specialized
REITs
—
0.1%
Keppel
DC
REIT,
REIT
5,386
9,322
Technology
Hardware,
Storage
&
Peripherals
—
3.1%
Apple,
Inc.
507
160,643
Compal
Electronics,
Inc.
10,997
13,988
Huaqin
Co.
Ltd.,
Class
a
A
840
10,200
NetApp,
Inc.
80
14,823
Samsung
Electronics
Co.
Ltd.,
GDR(b)
6
28,548
Sandisk
Corp.*
10
15,667
MSCI
TRANSFORMATIONAL
CHANGES
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
70
ANEW
::
Investments
Shares
Value
Common
Stocks
(continued)
Western
Digital
Corp.
31
$
13,967
257,836
Total
Common
Stocks
(Cost
$6,278,897)
8,163,284
Securities
Lending
Reinvestments
(c)
—
0
.5
%
Investment
Companies
—
0
.5
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$39,134)
39,134
39,134
Principal
Amount
Short-Term
Investments
—
0
.2
%
Repurchase
Agreements
(e)
—
0
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$16,561
(Cost
$16,557)
$
16,557
16,557
Total
Investments
—
100.2%
(Cost
$6,334,588)
8,218,975
Liabilities
in
excess
of
other
assets
—
(0.2%)
(
17,522
)
Net
Assets
—
100.0%
$
8,201,453
*
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
$106,613,
collateralized
in
the
form
of
cash
with
a
value
of
$39,134
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$71,650
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
6.13%,
and
maturity
dates
ranging
from
September
17,
2026
–
May
15,
2056.
The
total
value
of
collateral
is
$110,784.
(b)
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.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$39,134.
(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
GDR
Global
Depositary
Receipt
REIT
Real
Estate
Investment
Trust
MSCI
Transformational
Changes
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
75
.1
%
China
4
.2
%
Switzerland
4
.1
%
Germany
3
.8
%
Japan
2
.9
%
Taiwan
2
.5
%
Ireland
2
.1
%
South
Africa
1
.7
%
South
Korea
1
.1
%
France
0
.8
%
Singapore
0
.6
%
Australia
0
.4
%
Canada
0
.1
%
Israel
0
.1
%
Other
a
0
.5
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
AUGUST
31,
2026
(Unaudited)
::
NANOTECHNOLOGY
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
71
TINY
::
Investments
Shares
Value
Common
Stocks
—
99
.7
%
Biotechnology
—
4.1%
Eikon
Therapeutics,
Inc.*
11,732
$
122,717
Nanobiotix
SA*
10,477
422,283
545,000
Chemicals
—
9.2%
Cabot
Corp.
7,767
642,409
LG
Chem
Ltd.
2,262
462,779
Toyo
Gosei
Co.
Ltd.
1,762
124,636
1,229,824
Construction
&
Engineering
—
4.6%
Jeio
Co.
Ltd.*
6,443
22,432
JGC
Holdings
Corp.
40,396
595,889
618,321
Electronic
Equipment,
Instruments
&
Components
—
8.9%
Jeol
Ltd.
11,155
493,962
nLight,
Inc.*
7,876
332,919
Park
Systems
Corp.
1,515
290,580
Syntec
Optics
Holdings,
Inc.*
8,017
65,659
1,183,120
Household
Durables
—
5.2%
Nikon
Corp.(a)
56,787
685,887
Life
Sciences
Tools
&
Services
—
7.1%
Bruker
Corp.
16,332
947,419
Semiconductors
&
Semiconductor
Equipment
—
60.6%
Applied
Materials,
Inc.
1,432
656,414
ASML
Holding
NV
407
686,340
Axcelis
Technologies,
Inc.*
4,170
480,926
Duksan
Hi-Metal
Co.
Ltd.*
9,835
74,736
Entegris,
Inc.
3,826
517,620
Lam
Research
Corp.
2,230
672,323
NVE
Corp.
1,049
105,026
NVIDIA
Corp.
2,867
632,976
Onto
Innovation,
Inc.*
1,938
517,853
QD
Laser,
Inc.(a)
9,056
118,366
Qnity
Electronics,
Inc.
4,132
493,485
SCREEN
Holdings
Co.
Ltd.
8,963
763,047
Shanghai
Biren
Technology
Co.
Ltd.,
Class
a
H*
100,875
599,965
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.
8,586
650,947
Ultra
Clean
Holdings,
Inc.*
7,191
487,765
Veeco
Instruments,
Inc.*
11,540
511,222
Wonik
QnC
Corp.
5,689
109,116
8,078,127
Total
Common
Stocks
(Cost
$15,407,863)
13,287,698
Investments
Shares
Value
Securities
Lending
Reinvestments
(b)
—
1
.5
%
Investment
Companies
—
1
.5
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(c)
(Cost
$203,200)
203,200
$
203,200
Total
Investments
—
101.2%
(Cost
$15,611,063)
13,490,898
Liabilities
in
excess
of
other
assets
—
(1.2%)
(
155,208
)
Net
Assets
—
100.0%
$
13,335,690
*
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
$246,266,
collateralized
in
the
form
of
cash
with
a
value
of
$203,200
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$62,063
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
5.00%,
and
maturity
dates
ranging
from
September
17,
2026
–
February
15,
2055.
The
total
value
of
collateral
is
$265,263.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$203,200.
(c)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
NANOTECHNOLOGY
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
72
TINY
::
Nanotechnology
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
53
.9
%
Japan
20
.9
%
South
Korea
7
.2
%
Netherlands
5
.1
%
Taiwan
4
.9
%
China
4
.5
%
France
3
.2
%
Other
a
0
.3
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
AUGUST
31,
2026
(Unaudited)
::
NASDAQ-100
AUTOCALLABLE
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
73
ACQQ
::
Investments
Shares
Value
Exchange
Traded
Funds
—
69
.4
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(a)(b)
(Cost
$4,005,200)
40,000
$
4,004,800
Total
Investments
—
69.4%
(Cost
$4,005,200)
4,004,800
Other
assets
less
liabilities
—
30.6%
1,769,821
Net
Assets
—
100.0%
$
5,774,621
(a)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(b)
Represents
7-day
effective
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
($)
ProShares
GENIUS
Money
Market
ETF
—
4,005,200
–
–
(400)
4,004,800
40,000
–
Swap
Agreements
Nasdaq-100
Autocallable
Income
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
5,775,355
4/6/2028
Bank
of
America
NA
3.63%
Nasdaq-100
35%
Volatility
Compass
6D
Autocallable
A
Index
35,989
5,775,355
35,989
Total
Unrealized
Appreciation
35,989
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).
NASDAQ-100
DORSEY
WRIGHT
MOMENTUM
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
74
QQQA
::
Investments
Shares
Value
Common
Stocks
—
99
.9
%
Aerospace
&
Defense
—
5.0%
Axon
Enterprise,
Inc.*
4,793
$
2,715,522
Beverages
—
4.8%
Monster
Beverage
Corp.*
55,654
2,555,632
Communications
Equipment
—
4.6%
Cisco
Systems,
Inc.
22,352
2,469,672
Entertainment
—
4.6%
Take-Two
Interactive
Software,
Inc.*
11,141
2,447,678
Ground
Transportation
—
5.2%
CSX
Corp.
54,855
2,770,726
Hotels,
Restaurants
&
Leisure
—
6.1%
DoorDash,
Inc.,
Class
a
A*
14,134
3,275,413
Interactive
Media
&
Services
—
4.8%
Alphabet,
Inc.,
Class
a
A
7,588
2,574,988
Media
—
3.1%
AppLovin
Corp.,
Class
a
A*
5,356
1,671,393
Semiconductors
&
Semiconductor
Equipment
—
21.3%
Advanced
Micro
Devices,
Inc.*
4,859
2,287,228
Applied
Materials,
Inc.
4,505
2,065,047
ASML
Holding
NV
(Registered),
ADR
1,505
2,552,495
Intel
Corp.*
24,680
2,209,107
Lam
Research
Corp.
7,736
2,332,327
11,446,204
Software
—
26.7%
Cadence
Design
Systems,
Inc.*
7,054
2,389,754
Crowdstrike
Holdings,
Inc.,
Class
a
A*
14,476
3,343,956
Datadog,
Inc.,
Class
a
A*
10,517
2,492,949
Fortinet,
Inc.*
17,202
2,940,338
Palo
Alto
Networks,
Inc.*
8,307
3,174,354
14,341,351
Specialty
Retail
—
5.2%
Ross
Stores,
Inc.
12,166
2,780,418
Technology
Hardware,
Storage
&
Peripherals
—
8.5%
Seagate
Technology
Holdings
plc
2,983
2,471,058
Western
Digital
Corp.
4,659
2,099,112
4,570,170
Total
Common
Stocks
(Cost
$54,415,202)
53,619,167
Investments
Principal
Amount
Value
Short-Term
Investments
—
0
.1
%
Repurchase
Agreements
(a)
—
0
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$48,684
(Cost
$48,678)
$
48,678
$
48,678
Total
Investments
—
100.0%
(Cost
$54,463,880)
53,667,845
Liabilities
in
excess
of
other
assets
—
0.0%(b)
(
18,971
)
Net
Assets
—
100.0%
$
53,648,874
*
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.
(b)
Represents
less
than
0.05%
of
net
assets.
Abbreviations
ADR
American
Depositary
Receipt
AUGUST
31,
2026
(Unaudited)
::
NASDAQ-100
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
75
QB
::
Investments
Shares
Value
Common
Stocks
(a)
—
100
.3
%
Aerospace
&
Defense
—
0.6%
Axon
Enterprise,
Inc.*
12
$
6,799
Honeywell
Aerospace,
Inc.*
47
7,431
Rocket
Lab
Corp.*
86
5,497
19,727
Automobiles
—
2.9%
Tesla,
Inc.*
272
100,082
Beverages
—
1.6%
Coca-Cola
Europacific
Partners
plc
67
7,237
Keurig
Dr
Pepper,
Inc.
206
6,563
Monster
Beverage
Corp.*
293
13,455
PepsiCo,
Inc.
205
28,770
56,025
Biotechnology
—
2.9%
Alnylam
Pharmaceuticals,
Inc.*
20
4,814
Amgen,
Inc.
81
34,820
Gilead
Sciences,
Inc.
184
26,927
Regeneron
Pharmaceuticals,
Inc.
15
11,986
Vertex
Pharmaceuticals,
Inc.*
39
21,236
99,783
Broadline
Retail
—
5.2%
Amazon.com,
Inc.*
586
152,225
MercadoLibre,
Inc.*
8
15,490
PDD
Holdings,
Inc.,
ADR*
99
8,316
176,031
Chemicals
—
1.0%
Linde
plc
70
34,271
Commercial
Services
&
Supplies
—
0.5%
Cintas
Corp.
59
11,906
Copart,
Inc.*
141
4,651
16,557
Communications
Equipment
—
2.2%
Cisco
Systems,
Inc.
592
65,410
Lumentum
Holdings,
Inc.*
12
10,977
76,387
Construction
&
Engineering
—
0.2%
Ferrovial
NV
107
6,265
Consumer
Staples
Distribution
&
Retail
—
4.1%
Costco
Wholesale
Corp.
68
64,184
Walmart,
Inc.
734
76,975
141,159
Diversified
Telecommunication
Services
—
1.6%
Comcast
Corp.,
Class
a
A
534
14,215
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Space
Exploration
Technologies
Corp.,
Class
a
A*
288
$
41,383
55,598
Electric
Utilities
—
1.1%
American
Electric
Power
Co.,
Inc.
82
10,039
Constellation
Energy
Corp.
55
15,113
Exelon
Corp.
154
6,733
Xcel
Energy,
Inc.
93
7,039
38,924
Energy
Equipment
&
Services
—
0.3%
Baker
Hughes
Co.,
Class
a
A
151
9,596
Entertainment
—
2.0%
Netflix,
Inc.*
632
51,224
Take-Two
Interactive
Software,
Inc.*
28
6,152
Warner
Bros
Discovery,
Inc.*
376
10,727
68,103
Financial
Services
—
0.2%
PayPal
Holdings,
Inc.
131
6,899
Food
Products
—
0.5%
Kraft
Heinz
Co.
(The)
177
4,544
Mondelez
International,
Inc.,
Class
a
A
193
11,979
16,523
Ground
Transportation
—
0.6%
CSX
Corp.
279
14,092
Old
Dominion
Freight
Line,
Inc.
31
6,199
20,291
Health
Care
Equipment
&
Supplies
—
1.1%
Dexcom,
Inc.*
57
5,190
GE
HealthCare
Technologies,
Inc.
68
4,844
IDEXX
Laboratories,
Inc.*
12
6,680
Intuitive
Surgical,
Inc.*
54
20,351
37,065
Hotels,
Restaurants
&
Leisure
—
2.4%
Airbnb,
Inc.,
Class
a
A*
62
11,360
Booking
Holdings,
Inc.
116
23,095
DoorDash,
Inc.,
Class
a
A*
60
13,904
Marriott
International,
Inc.,
Class
a
A
41
14,012
Starbucks
Corp.
169
17,956
80,327
Industrial
Conglomerates
—
0.3%
Honeywell
International,
Inc.
49
10,463
Interactive
Media
&
Services
—
8.8%
Alphabet,
Inc.,
Class
a
A
317
107,574
Alphabet,
Inc.,
Class
a
C
296
99,281
NASDAQ-100
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
76
QB
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Meta
Platforms,
Inc.,
Class
a
A
162
$
92,719
299,574
IT
Services
—
1.0%
CoreWeave,
Inc.,
Class
a
A*
66
5,603
Shopify,
Inc.,
Class
a
A*
182
26,821
32,424
Machinery
—
0.3%
PACCAR,
Inc.
79
9,806
Media
—
0.4%
AppLovin
Corp.,
Class
a
A*
47
14,667
Oil,
Gas
&
Consumable
Fuels
—
0.2%
Diamondback
Energy,
Inc.
42
8,420
Professional
Services
—
0.9%
Automatic
Data
Processing,
Inc.
61
17,456
Paychex,
Inc.
54
6,876
Thomson
Reuters
Corp.
57
6,117
30,449
Semiconductors
&
Semiconductor
Equipment
—
31.5%
Advanced
Micro
Devices,
Inc.*
246
115,797
Analog
Devices,
Inc.
74
26,798
Applied
Materials,
Inc.
119
54,548
ARM
Holdings
plc,
ADR(b)
63
15,240
ASML
Holding
NV
(Registered),
ADR
14
23,744
Astera
Labs,
Inc.*
26
7,722
Broadcom,
Inc.
258
95,548
Intel
Corp.*
755
67,580
KLA
Corp.
197
34,564
Lam
Research
Corp.
189
56,982
Marvell
Technology,
Inc.
131
27,727
Microchip
Technology,
Inc.
80
5,876
Micron
Technology,
Inc.
170
162,984
Monolithic
Power
Systems,
Inc.
7
8,874
NVIDIA
Corp.
1,319
291,209
NXP
Semiconductors
NV
39
8,761
QUALCOMM,
Inc.
158
26,936
Teradyne,
Inc.
23
8,046
Texas
Instruments,
Inc.
137
35,745
1,074,681
Software
—
14.0%
Adobe,
Inc.*
62
18,153
Autodesk,
Inc.*
32
8,273
Cadence
Design
Systems,
Inc.*
42
14,229
Crowdstrike
Holdings,
Inc.,
Class
a
A*
154
35,574
Datadog,
Inc.,
Class
a
A*
51
12,089
Fortinet,
Inc.*
109
18,631
Intuit,
Inc.
42
15,091
Microsoft
Corp.
406
205,960
Nebius
Group
NV,
Class
a
A*
33
6,808
Palantir
Technologies,
Inc.,
Class
a
A*
345
64,301
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Palo
Alto
Networks,
Inc.*
122
$
46,620
Roper
Technologies,
Inc.
15
6,370
Strategy,
Inc.,
Class
a
A*
49
6,514
Synopsys,
Inc.*
29
12,748
Workday,
Inc.,
Class
a
A*
30
5,923
477,284
Specialty
Retail
—
0.7%
O'Reilly
Automotive,
Inc.*
123
10,922
Ross
Stores,
Inc.
49
11,199
22,121
Technology
Hardware,
Storage
&
Peripherals
—
10.0%
Apple,
Inc.
801
253,797
Sandisk
Corp.*
22
34,467
Seagate
Technology
Holdings
plc
34
28,165
Western
Digital
Corp.
53
23,879
340,308
Trading
Companies
&
Distributors
—
0.3%
Fastenal
Co.
173
8,531
Wireless
Telecommunication
Services
—
0.9%
T-Mobile
US,
Inc.
163
29,412
Total
Common
Stocks
(Cost
$3,107,299)
3,417,753
Principal
Amount
Short-Term
Investments
—
9
.1
%
Repurchase
Agreements
(c)
—
9
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$311,656
(Cost
$311,624)
$
311,624
311,624
Total
Investments
—
109.4%
(Cost
$3,418,923)
3,729,377
Liabilities
in
excess
of
other
assets
—
(9.4%)
(
321,472
)
Net
Assets
—
100.0%
$
3,407,905
*
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
$1,442,418.
(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
$1,693,
collateralized
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
6.13%,
and
maturity
dates
ranging
from
October
22,
2026
–
November
15,
2055.
The
total
value
of
collateral
is
$1,711.
(c)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
AUGUST
31,
2026
(Unaudited)
::
NASDAQ-100
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
77
QB
::
Abbreviations
ADR
American
Depositary
Receipt
Swap
Agreements
Nasdaq-100
Dynamic
Buffer
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
3,405,775
11/6/2026
Goldman
Sachs
International
N/A
Nasdaq-100
Dynamic
Buffer
Index
(
308,222
)
3,405,775
(
308,222
)
Total
Unrealized
Depreciation
(
308,222
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
No
financing
fee
is
paid
or
received
on
this
swap.
NASDAQ-100
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
78
IQQQ
::
Investments
Shares
Value
Common
Stocks
(a)
—
84
.8
%
Aerospace
&
Defense
—
0.5%
Axon
Enterprise,
Inc.*
1,229
$
696,302
Honeywell
Aerospace,
Inc.*
4,831
763,830
Rocket
Lab
Corp.*
8,823
563,966
2,024,098
Automobiles
—
2.5%
Tesla,
Inc.*
27,589
10,151,373
Beverages
—
1.4%
Coca-Cola
Europacific
Partners
plc
6,797
734,212
Keurig
Dr
Pepper,
Inc.
20,746
660,968
Monster
Beverage
Corp.*
29,825
1,369,564
PepsiCo,
Inc.
20,839
2,924,545
5,689,289
Biotechnology
—
2.5%
Alnylam
Pharmaceuticals,
Inc.*
2,034
489,563
Amgen,
Inc.
8,229
3,537,483
Gilead
Sciences,
Inc.
18,929
2,770,070
Regeneron
Pharmaceuticals,
Inc.
1,572
1,256,154
Vertex
Pharmaceuticals,
Inc.*
3,870
2,107,292
10,160,562
Broadline
Retail
—
4.4%
Amazon.com,
Inc.*
59,408
15,432,416
MercadoLibre,
Inc.*
772
1,494,747
PDD
Holdings,
Inc.,
ADR*
10,182
855,288
17,782,451
Chemicals
—
0.8%
Linde
plc
7,049
3,451,049
Commercial
Services
&
Supplies
—
0.4%
Cintas
Corp.
6,100
1,230,919
Copart,
Inc.*
14,117
465,720
1,696,639
Communications
Equipment
—
1.9%
Cisco
Systems,
Inc.
60,094
6,639,786
Lumentum
Holdings,
Inc.*
1,186
1,084,905
7,724,691
Construction
&
Engineering
—
0.2%
Ferrovial
NV
10,969
642,235
Consumer
Staples
Distribution
&
Retail
—
3.5%
Costco
Wholesale
Corp.
6,764
6,384,472
Walmart,
Inc.
74,375
7,799,706
14,184,178
Diversified
Telecommunication
Services
—
1.4%
Comcast
Corp.,
Class
a
A
54,322
1,446,052
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Space
Exploration
Technologies
Corp.,
Class
a
A*
29,222
$
4,198,909
5,644,961
Electric
Utilities
—
1.0%
American
Electric
Power
Co.,
Inc.
8,295
1,015,557
Constellation
Energy
Corp.
5,508
1,513,433
Exelon
Corp.
15,601
682,076
Xcel
Energy,
Inc.
9,517
720,342
3,931,408
Energy
Equipment
&
Services
—
0.2%
Baker
Hughes
Co.,
Class
a
A
15,127
961,321
Entertainment
—
1.7%
Netflix,
Inc.*
64,201
5,203,491
Take-Two
Interactive
Software,
Inc.*
2,830
621,751
Warner
Bros
Discovery,
Inc.*
38,227
1,090,616
6,915,858
Financial
Services
—
0.2%
PayPal
Holdings,
Inc.
13,449
708,292
Food
Products
—
0.4%
Kraft
Heinz
Co.
(The)
18,080
464,114
Mondelez
International,
Inc.,
Class
a
A
19,571
1,214,772
1,678,886
Ground
Transportation
—
0.5%
CSX
Corp.
28,330
1,430,948
Old
Dominion
Freight
Line,
Inc.
3,172
634,273
2,065,221
Health
Care
Equipment
&
Supplies
—
0.9%
Dexcom,
Inc.*
5,883
535,706
GE
HealthCare
Technologies,
Inc.
6,935
493,980
IDEXX
Laboratories,
Inc.*
1,202
669,142
Intuitive
Surgical,
Inc.*
5,399
2,034,667
3,733,495
Hotels,
Restaurants
&
Leisure
—
2.0%
Airbnb,
Inc.,
Class
a
A*
6,373
1,167,661
Booking
Holdings,
Inc.
11,815
2,352,248
DoorDash,
Inc.,
Class
a
A*
6,271
1,453,242
Marriott
International,
Inc.,
Class
a
A
4,020
1,373,875
Starbucks
Corp.
17,378
1,846,413
8,193,439
Industrial
Conglomerates
—
0.3%
Honeywell
International,
Inc.
4,831
1,031,563
Interactive
Media
&
Services
—
7.4%
Alphabet,
Inc.,
Class
a
A
32,165
10,915,193
Alphabet,
Inc.,
Class
a
C
30,132
10,106,574
AUGUST
31,
2026
(Unaudited)
::
NASDAQ-100
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
79
IQQQ
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Meta
Platforms,
Inc.,
Class
a
A
16,354
$
9,360,048
30,381,815
IT
Services
—
0.8%
CoreWeave,
Inc.,
Class
a
A*
6,823
579,204
Shopify,
Inc.,
Class
a
A*
18,594
2,740,198
3,319,402
Machinery
—
0.2%
PACCAR,
Inc.
8,025
996,143
Media
—
0.4%
AppLovin
Corp.,
Class
a
A*
4,663
1,455,136
Oil,
Gas
&
Consumable
Fuels
—
0.2%
Diamondback
Energy,
Inc.
4,288
859,658
Professional
Services
—
0.8%
Automatic
Data
Processing,
Inc.
6,094
1,743,859
Paychex,
Inc.
5,462
695,531
Thomson
Reuters
Corp.
5,810
623,529
3,062,919
Semiconductors
&
Semiconductor
Equipment
—
26.7%
Advanced
Micro
Devices,
Inc.*
24,859
11,701,628
Analog
Devices,
Inc.
7,427
2,689,614
Applied
Materials,
Inc.
12,104
5,548,352
ARM
Holdings
plc,
ADR*
6,465
1,563,948
ASML
Holding
NV
(Registered),
ADR
1,399
2,372,718
Astera
Labs,
Inc.*
2,614
776,306
Broadcom,
Inc.
26,184
9,696,982
Intel
Corp.*
76,629
6,859,062
KLA
Corp.
19,917
3,494,438
Lam
Research
Corp.
19,067
5,748,510
Marvell
Technology,
Inc.
13,339
2,823,333
Microchip
Technology,
Inc.
8,264
606,991
Micron
Technology,
Inc.
17,193
16,483,445
Monolithic
Power
Systems,
Inc.
749
949,560
NVIDIA
Corp.
133,652
29,507,688
NXP
Semiconductors
NV
3,850
864,864
QUALCOMM,
Inc.
16,070
2,739,614
Teradyne,
Inc.
2,387
835,044
Texas
Instruments,
Inc.
13,875
3,620,126
108,882,223
Software
—
11.8%
Adobe,
Inc.*
6,163
1,804,465
Autodesk,
Inc.*
3,218
831,950
Cadence
Design
Systems,
Inc.*
4,205
1,424,570
Crowdstrike
Holdings,
Inc.,
Class
a
A*
15,525
3,586,275
Datadog,
Inc.,
Class
a
A*
5,044
1,195,630
Fortinet,
Inc.*
11,168
1,908,946
Intuit,
Inc.
4,170
1,498,281
Microsoft
Corp.
41,026
20,812,080
Nebius
Group
NV,
Class
a
A*
3,361
693,441
Palantir
Technologies,
Inc.,
Class
a
A*
35,008
6,524,791
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Palo
Alto
Networks,
Inc.*
12,442
$
4,754,461
Roper
Technologies,
Inc.
1,540
653,946
Strategy,
Inc.,
Class
a
A*
5,044
670,549
Synopsys,
Inc.*
2,919
1,283,163
Workday,
Inc.,
Class
a
A*
3,066
605,382
48,247,930
Specialty
Retail
—
0.5%
O'Reilly
Automotive,
Inc.*
12,634
1,121,899
Ross
Stores,
Inc.
4,911
1,122,360
2,244,259
Technology
Hardware,
Storage
&
Peripherals
—
8.4%
Apple,
Inc.
81,114
25,700,971
Sandisk
Corp.*
2,258
3,537,609
Seagate
Technology
Holdings
plc
3,419
2,832,231
Western
Digital
Corp.
5,255
2,367,640
34,438,451
Trading
Companies
&
Distributors
—
0.2%
Fastenal
Co.
17,504
863,122
Wireless
Telecommunication
Services
—
0.7%
T-Mobile
US,
Inc.
16,501
2,977,440
Total
Common
Stocks
(Cost
$256,403,160)
346,099,507
Exchange
Traded
Funds
—
11
.0
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(b)(c)(d)
(Cost
$45,031,500)
450,000
45,054,000
Securities
Lending
Reinvestments
(e)
—
0
.6
%
Investment
Companies
—
0
.6
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(f)
(Cost
$2,329,020)
2,329,020
2,329,020
Principal
Amount
Short-Term
Investments
—
5
.5
%
Repurchase
Agreements
(g)
—
5
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$22,346,151
(Cost
$22,343,924)
$
22,343,924
22,343,924
Total
Investments
—
101.9%
(Cost
$326,107,604)
415,826,451
Liabilities
in
excess
of
other
assets
—
(1.9%)
(
7,572,158
)
Net
Assets
—
100.0%
$
408,254,293
*
Non-income
producing
security.
NASDAQ-100
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
80
IQQQ
::
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$112,759,910.
(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
$2,282,736,
collateralized
in
the
form
of
cash
with
a
value
of
$2,329,020
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
$2,329,020.
(f)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(g)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Abbreviations
ADR
American
Depositary
Receipt
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
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
30,036,000
15,019,500
–
–
(1,500)
45,054,000
450,000
291,998
Futures
Contracts
Purchased
Nasdaq-100
High
Income
ETF
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
102
9/18/2026
U.S.
Dollar
$
60,206,520
$
(
414,208
)
Swap
Agreements
Nasdaq-100
High
Income
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
112,164,388
3/8/2027
BNP
Paribas
N/A
Nasdaq-100
Daily
Covered
Call
Index
(
2,029,208
)
294,034,282
11/4/2027
Goldman
Sachs
International
N/A
Nasdaq-100
Daily
Covered
Call
Index
(
9,773,640
)
406,198,670
(
11,802,848
)
Total
Unrealized
Depreciation
(
11,802,848
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
No
financing
fee
is
paid
or
received
on
this
swap.
AUGUST
31,
2026
(Unaudited)
::
ON
DEMAND
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
81
OND
::
Investments
Shares
Value
Common
Stocks
—
99
.6
%
Entertainment
—
48.6%
Capcom
Co.
Ltd.(a)
4,654
$
124,398
CD
Projekt
Red
SA(a)
1,150
72,336
China
Ruyi
Holdings
Ltd.(a)
205,007
35,177
International
Games
System
Co.
Ltd.
3,998
92,004
Krafton,
Inc.
492
81,605
NC
Corp.
333
54,624
NetEase,
Inc.
5,029
123,440
Netflix,
Inc.*
1,472
119,306
Nexon
Co.
Ltd.
5,720
113,505
ROBLOX
Corp.,
Class
a
A*
2,891
119,369
Spotify
Technology
SA*
244
132,643
Take-Two
Interactive
Software,
Inc.*
564
123,911
Tencent
Music
Entertainment
Group,
Class
a
A
21,417
92,133
1,284,451
Ground
Transportation
—
13.8%
Grab
Holdings
Ltd.,
Class
a
A*
36,202
128,155
Lyft,
Inc.,
Class
a
A*
6,403
108,211
Uber
Technologies,
Inc.*
1,710
129,361
365,727
Hotels,
Restaurants
&
Leisure
—
15.6%
Delivery
Hero
SE*(b)
2,665
113,699
DoorDash,
Inc.,
Class
a
A*
771
178,672
Meituan,
Class
a
B*(b)
11,849
119,269
411,640
Interactive
Media
&
Services
—
3.3%
Bilibili,
Inc.,
Class
a
Z*
5,238
86,270
Leisure
Products
—
1.4%
Peloton
Interactive,
Inc.,
Class
a
A*
7,065
37,868
Passenger
Airlines
—
2.9%
Joby
Aviation,
Inc.*
11,134
76,157
Semiconductors
&
Semiconductor
Equipment
—
10.6%
Ambarella,
Inc.*
733
50,856
NVIDIA
Corp.
589
130,039
Shanghai
Biren
Technology
Co.
Ltd.,
Class
a
H(a)
16,977
100,973
281,868
Software
—
3.4%
Beijing
51World
Digital
Twin
Technology
Co.
Ltd.,
Class
a
H*
3,831
32,208
Life360,
Inc.*
1,379
59,104
91,312
Total
Common
Stocks
(Cost
$2,529,105)
2,635,293
Investments
Shares
Value
Securities
Lending
Reinvestments
(c)
—
10
.5
%
Investment
Companies
—
10
.5
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$277,652)
277,652
$
277,652
Total
Investments
—
110.1%
(Cost
$2,806,757)
2,912,945
Liabilities
in
excess
of
other
assets
—
(10.1%)
(
268,024
)
Net
Assets
—
100.0%
$
2,644,921
*
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
$332,883,
collateralized
in
the
form
of
cash
with
a
value
of
$277,652
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$77,566
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.13%
–
4.63%,
and
maturity
dates
ranging
from
May
15,
2028
–
November
15,
2055.
The
total
value
of
collateral
is
$355,218.
(b)
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.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$277,652.
(d)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
ON
DEMAND
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
82
OND
::
On-Demand
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
42
.8
%
Hong
Kong
14
.5
%
Japan
9
.0
%
China
7
.8
%
South
Korea
5
.2
%
Luxembourg
5
.0
%
Singapore
4
.8
%
Germany
4
.3
%
Taiwan
3
.5
%
Poland
2
.7
%
Other
a
0
.4
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
AUGUST
31,
2026
(Unaudited)
::
ONLINE
RETAIL
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
83
ONLN
::
Investments
Shares
Value
Common
Stocks
—
100
.0
%
Broadline
Retail
—
66.8%
Alibaba
Group
Holding
Ltd.,
ADR
45,195
$
5,153,134
Amazon.com,
Inc.*
57,309
14,887,159
Coupang,
Inc.*
140,680
2,259,321
eBay,
Inc.
45,605
4,722,854
Etsy,
Inc.*
24,129
1,962,411
Global-e
Online
Ltd.*
26,683
996,610
JD.com,
Inc.,
ADR
54,915
1,550,800
MercadoLibre,
Inc.*
1,281
2,480,272
Ozon
Holdings
plc,
ADR*‡
60,470
—
Pattern
Group,
Inc.,
Class
a
A*
90,639
1,878,946
PDD
Holdings,
Inc.,
ADR*
33,430
2,808,120
Sea
Ltd.,
ADR*
17,627
2,000,312
40,699,939
Commercial
Services
&
Supplies
—
3.1%
Liquidity
Services,
Inc.*
44,768
1,865,930
Distributors
—
2.9%
GigaCloud
Technology,
Inc.,
Class
a
A*
36,154
1,754,554
Specialty
Retail
—
24.1%
Carvana
Co.,
Class
a
A*
41,812
3,071,509
Chewy,
Inc.,
Class
a
A*
87,179
2,074,860
RealReal,
Inc.
(The)*
171,465
1,755,802
Revolve
Group,
Inc.,
Class
a
A*
80,453
1,787,666
ThredUp,
Inc.,
Class
a
A*
675,896
1,818,160
Wayfair,
Inc.,
Class
a
A*
19,995
1,984,904
Williams-Sonoma,
Inc.
9,677
2,208,775
14,701,676
Textiles,
Apparel
&
Luxury
Goods
—
3.1%
Figs,
Inc.,
Class
a
A*
124,388
1,908,112
Total
Common
Stocks
(Cost
$55,546,819)
60,930,211
Principal
Amount
Short-Term
Investments
—
0
.0
%
(a)
Repurchase
Agreements
(b)
—
0
.0
%
(a)
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$18,554
(Cost
$18,553)
$
18,553
18,553
Total
Investments
—
100.0%
(Cost
$55,565,372)
60,948,764
Liabilities
in
excess
of
other
assets
—
0.0%(a)
(
17,159
)
Net
Assets
—
100.0%
$
60,931,605
*
Non-income
producing
security.
‡
Value
determined
using
significant
unobservable
inputs.
(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.
Abbreviations
ADR
American
Depositary
Receipt
PET
CARE
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
84
PAWZ
::
Investments
Shares
Value
Common
Stocks
—
99
.4
%
Distributors
—
0.0%(a)
Arata
Corp.
370
$
6,311
Food
Products
—
17.3%
Freshpet,
Inc.*
46,241
3,230,396
General
Mills,
Inc.
7,306
301,007
I-TAIL
Corp.
PCL,
NVDR
1,224,722
638,954
J
M
Smucker
Co.
(The)
1,434
188,084
Nestle
SA
(Registered)
15,166
1,478,795
Post
Holdings,
Inc.*
509
42,430
5,879,666
Health
Care
Equipment
&
Supplies
—
13.7%
IDEXX
Laboratories,
Inc.*
6,107
3,399,706
Vimian
Group
AB*
337,610
1,237,267
4,636,973
Health
Care
Providers
&
Services
—
7.0%
Cencora,
Inc.
2,606
843,302
CVS
Group
plc
85,500
1,531,570
2,374,872
Household
Products
—
9.7%
Central
Garden
&
Pet
Co.*
16,032
689,055
Colgate-Palmolive
Co.
10,920
980,834
Oil-Dri
Corp.
of
America
16,746
1,506,805
Spectrum
Brands
Holdings,
Inc.
299
25,807
Unicharm
Corp.(b)
14,065
87,789
3,290,290
Insurance
—
6.4%
Anicom
Holdings,
Inc.
106,000
733,871
Trupanion,
Inc.*
49,478
1,442,284
2,176,155
Pharmaceuticals
—
22.9%
Elanco
Animal
Health,
Inc.*
6,788
162,369
Merck
&
Co.,
Inc.
11,146
1,646,933
Virbac
SACA
6,553
2,454,753
Zoetis,
Inc.,
Class
a
A
45,596
3,515,452
7,779,507
Specialty
Retail
—
22.4%
Chewy,
Inc.,
Class
a
A*
150,068
3,571,618
Pet
Valu
Holdings
Ltd.
106,131
1,426,618
Petco
Health
&
Wellness
Co.,
Inc.,
Class
a
A*
306,943
816,468
Pets
at
Home
Group
plc
519,763
1,539,554
Tractor
Supply
Co.
7,127
248,732
7,602,990
Total
Common
Stocks
(Cost
$36,712,748)
33,746,764
Investments
Shares
Value
Securities
Lending
Reinvestments
(c)
—
0
.0
%
(a)
Investment
Companies
—
0
.0
%
(a)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$806)
806
$
806
Principal
Amount
Short-Term
Investments
—
0
.2
%
Repurchase
Agreements
(e)
—
0
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$81,792
(Cost
$81,785)
$
81,785
81,785
Total
Investments
—
99.6%
(Cost
$36,795,339)
33,829,355
Other
assets
less
liabilities
—
0.4%
130,655
Net
Assets
—
100.0%
$
33,960,010
*
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
$768,
collateralized
in
the
form
of
cash
with
a
value
of
$806
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
$806.
(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
NVDR
Non-Voting
Depositary
Receipt
AUGUST
31,
2026
(Unaudited)
::
PET
CARE
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
85
PAWZ
::
Pet
Care
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
66
.6
%
United
Kingdom
9
.1
%
France
7
.2
%
Switzerland
4
.4
%
Canada
4
.2
%
Sweden
3
.6
%
Japan
2
.4
%
Thailand
1
.9
%
Other
a
0
.6
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
RUSSELL
2000
AUTOCALLABLE
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
86
ACRT
::
Investments
Shares
Value
Exchange
Traded
Funds
—
83
.2
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(a)(b)
(Cost
$1,001,300)
10,000
$
1,001,200
Total
Investments
—
83.2%
(Cost
$1,001,300)
1,001,200
Other
assets
less
liabilities
—
16.8%
202,999
Net
Assets
—
100.0%
$
1,204,199
(a)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(b)
Represents
7-day
effective
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
($)
ProShares
GENIUS
Money
Market
ETF
—
1,001,300
–
–
(100)
1,001,200
10,000
–
Swap
Agreements
Russell
2000
Autocallable
Income
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
1,206,445
4/6/2028
Bank
of
America
NA
3.63%
Russell
2000
Laddered
Autocall
index
(
45,656
)
1,206,445
(
45,656
)
Total
Unrealized
Depreciation
(
45,656
)
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)
::
RUSSELL
2000
DIVIDEND
GROWERS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
87
SMDV
::
Investments
Shares
Value
Common
Stocks
—
99
.8
%
Banks
—
24.4%
Associated
Banc-Corp.
240,947
$
7,375,388
Atlantic
Union
Bankshares
Corp.
176,654
7,124,456
Bar
Harbor
Bankshares
190,588
7,476,767
Community
Trust
Bancorp,
Inc.
99,533
7,577,447
First
Busey
Corp.
245,079
7,376,878
First
Merchants
Corp.
169,310
7,021,286
Fulton
Financial
Corp.
303,384
7,117,389
Heritage
Financial
Corp.
242,121
6,917,397
Home
BancShares,
Inc.
250,549
7,381,173
Independent
Bank
Corp.
197,555
7,208,782
Independent
Bank
Corp.
85,311
6,925,547
Lakeland
Financial
Corp.
114,699
6,777,564
Midland
States
Bancorp,
Inc.
235,484
7,721,520
NBT
Bancorp,
Inc.
146,366
7,526,140
Orrstown
Financial
Services,
Inc.
178,272
7,433,942
Peoples
Bancorp,
Inc.
193,332
7,611,481
Preferred
Bank
69,100
7,077,913
S&T
Bancorp,
Inc.
148,026
7,324,326
Simmons
First
National
Corp.,
Class
a
A
314,448
7,100,236
Tompkins
Financial
Corp.
76,512
7,430,845
United
Bankshares,
Inc.
155,122
7,310,900
United
Community
Banks,
Inc.
203,614
7,093,912
WaFd,
Inc.
190,801
6,823,044
WesBanco,
Inc.
193,661
7,748,377
174,482,710
Building
Products
—
2.0%
Apogee
Enterprises,
Inc.
175,179
6,842,491
Griffon
Corp.
73,225
7,131,383
13,973,874
Capital
Markets
—
1.0%
Cohen
&
Steers,
Inc.
91,781
7,403,973
Chemicals
—
6.4%
Avient
Corp.
191,069
8,418,500
Balchem
Corp.
42,202
7,422,910
HB
Fuller
Co.
109,719
6,029,059
Innospec,
Inc.
81,263
7,627,345
Quaker
Chemical
Corp.
48,628
8,062,522
Stepan
Co.
131,280
8,219,441
45,779,777
Commercial
Services
&
Supplies
—
2.4%
ABM
Industries,
Inc.
151,154
7,048,311
HNI
Corp.
210,584
10,198,583
17,246,894
Consumer
Staples
Distribution
&
Retail
—
0.9%
Andersons,
Inc.
(The)
98,778
6,407,729
Diversified
Consumer
Services
—
0.8%
Matthews
International
Corp.,
Class
a
A
269,939
5,606,633
Investments
Shares
Value
Common
Stocks
(continued)
Electric
Utilities
—
3.9%
MGE
Energy,
Inc.
90,970
$
7,067,459
Otter
Tail
Corp.
78,839
7,132,564
Portland
General
Electric
Co.
139,422
6,812,159
TXNM
Energy,
Inc.
122,122
7,035,449
28,047,631
Electronic
Equipment,
Instruments
&
Components
—
1.0%
Badger
Meter,
Inc.
53,456
7,241,684
Financial
Services
—
4.4%
Alerus
Financial
Corp.
233,593
7,685,210
Cass
Information
Systems,
Inc.
141,137
7,919,197
Federal
Agricultural
Mortgage
Corp.,
Class
a
C
38,474
8,460,432
HA
Sustainable
Infrastructure
Capital,
Inc.
186,916
7,392,528
31,457,367
Food
Products
—
2.1%
J
&
J
Snack
Foods
Corp.
88,972
7,845,551
Marzetti
Co.
(The)
63,757
7,182,226
15,027,777
Gas
Utilities
—
5.0%
Chesapeake
Utilities
Corp.
57,059
7,619,659
New
Jersey
Resources
Corp.
128,068
6,831,147
Northwest
Natural
Holding
Co.
141,584
6,947,527
ONE
Gas,
Inc.
91,695
7,268,662
Spire,
Inc.
89,652
7,337,120
36,004,115
Health
Care
Equipment
&
Supplies
—
0.8%
LeMaitre
Vascular,
Inc.
75,560
6,065,957
Health
Care
REITs
—
1.8%
CareTrust
REIT,
Inc.
189,868
7,395,359
Community
Healthcare
Trust,
Inc.,
REIT
390,471
5,743,828
13,139,187
Household
Products
—
1.9%
Oil-Dri
Corp.
of
America
72,991
6,567,730
WD-40
Co.
31,143
6,669,274
13,237,004
Industrial
REITs
—
1.0%
Terreno
Realty
Corp.,
REIT
104,678
6,930,730
Insurance
—
2.9%
AMERISAFE,
Inc.
219,419
5,713,671
Employers
Holdings,
Inc.
150,343
7,380,338
Horace
Mann
Educators
Corp.
143,137
7,284,242
20,378,251
Leisure
Products
—
1.8%
Acushnet
Holdings
Corp.
70,173
6,062,245
RUSSELL
2000
DIVIDEND
GROWERS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
88
SMDV
::
Investments
Shares
Value
Common
Stocks
(continued)
Polaris,
Inc.
100,553
$
6,489,691
12,551,936
Machinery
—
10.1%
Alamo
Group,
Inc.
45,192
7,437,699
Enpro,
Inc.
20,822
6,167,893
Franklin
Electric
Co.,
Inc.
68,299
6,836,047
Gorman-Rupp
Co.
(The)
84,248
6,352,299
Hyster-Yale,
Inc.
197,383
6,683,389
Kadant,
Inc.
24,184
7,234,402
Lindsay
Corp.
60,854
6,992,733
Mueller
Water
Products,
Inc.,
Class
a
A
272,352
6,574,577
Standex
International
Corp.
22,950
6,647,697
Tennant
Co.
79,720
5,548,512
Trinity
Industries,
Inc.
203,837
5,874,582
72,349,830
Marine
Transportation
—
1.1%
Matson,
Inc.
35,058
7,881,389
Media
—
1.1%
John
Wiley
&
Sons,
Inc.,
Class
a
A
156,273
8,187,142
Metals
&
Mining
—
0.9%
Materion
Corp.
28,354
6,693,812
Multi-Utilities
—
3.8%
Avista
Corp.
166,099
6,172,239
Black
Hills
Corp.
97,217
6,968,515
Northwestern
Energy
Group,
Inc.
100,450
6,947,122
Unitil
Corp.
136,149
7,289,417
27,377,293
Pharmaceuticals
—
1.3%
Perrigo
Co.
plc
640,143
9,371,694
Professional
Services
—
2.4%
CRA
International,
Inc.
47,255
8,245,998
Exponent,
Inc.
123,226
8,750,278
16,996,276
Residential
REITs
—
0.8%
NexPoint
Residential
Trust,
Inc.,
REIT
246,742
5,850,253
Retail
REITs
—
1.0%
Getty
Realty
Corp.,
REIT
210,174
6,813,841
Semiconductors
&
Semiconductor
Equipment
—
0.6%
Power
Integrations,
Inc.
89,725
4,610,070
Specialized
REITs
—
1.0%
Four
Corners
Property
Trust,
Inc.,
REIT
281,019
6,991,753
Investments
Shares
Value
Common
Stocks
(continued)
Specialty
Retail
—
1.7%
Shoe
Station
Group,
Inc.
400,335
$
5,484,590
Sonic
Automotive,
Inc.,
Class
a
A
82,828
6,514,422
11,999,012
Tobacco
—
0.8%
Universal
Corp.
131,003
5,960,637
Trading
Companies
&
Distributors
—
3.2%
GATX
Corp.
40,521
7,088,339
Global
Industrial
Co.
219,984
8,601,374
McGrath
RentCorp
60,768
6,832,754
22,522,467
Water
Utilities
—
5.5%
American
States
Water
Co.
90,753
8,103,335
California
Water
Service
Group
153,871
7,688,934
H2O
America(a)
123,203
7,807,374
Middlesex
Water
Co.
133,002
7,714,116
York
Water
Co.
(The)
235,019
8,009,448
39,323,207
Total
Common
Stocks
(Cost
$635,791,615)
713,911,905
Securities
Lending
Reinvestments
(b)
—
1
.1
%
Investment
Companies
—
1
.1
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(c)
(Cost
$8,049,730)
8,049,730
8,049,730
Principal
Amount
Short-Term
Investments
—
0
.1
%
Repurchase
Agreements
(d)
—
0
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$533,731
(Cost
$533,676)
$
533,676
533,676
Total
Investments
—
101.0%
(Cost
$644,375,021)
722,495,311
Liabilities
in
excess
of
other
assets
—
(1.0%)
(
7,322,950
)
Net
Assets
—
100.0%
$
715,172,361
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DIVIDEND
GROWERS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
89
SMDV
::
(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
$7,807,374,
collateralized
in
the
form
of
cash
with
a
value
of
$8,049,730
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$8,049,730.
(c)
Rate
shown
is
the
7-day
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
RUSSELL
2000
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
90
RB
::
Investments
Shares
Value
Common
Stocks
—
87
.6
%
Aerospace
&
Defense
—
1.4%
AAR
Corp.*
13
$
1,681
AerSale
Corp.*
13
71
Aevex
Corp.,
Class
a
A*
8
141
AIRO
Group
Holdings,
Inc.*
8
61
Archer
Aviation,
Inc.,
Class
a
A*
221
1,277
Astronics
Corp.*
10
737
Beta
Technologies,
Inc.,
Class
a
A*
12
241
Cadre
Holdings,
Inc.
10
297
Ducommun,
Inc.*
5
857
Eve
Holding,
Inc.*
33
74
Firefly
Aerospace,
Inc.*
29
613
Innovative
Solutions
and
Support,
Inc.*
5
95
Intuitive
Machines,
Inc.*
42
645
Mercury
Systems,
Inc.*
18
1,572
Moog,
Inc.,
Class
a
A
9
3,344
National
Presto
Industries,
Inc.
2
303
Park
Aerospace
Corp.
6
195
Red
Cat
Holdings,
Inc.*
38
326
Redwire
Corp.*
67
717
Satellogic,
Inc.,
Class
a
A*
32
156
Sidus
Space,
Inc.,
Class
a
A*
28
61
Starfighters
Space,
Inc.(a)
11
37
Swarmer,
Inc.*
1
33
TAT
Technologies
Ltd.(a)
4
145
V2X,
Inc.*
9
694
Virgin
Galactic
Holdings,
Inc.*
32
93
Voyager
Technologies,
Inc.,
Class
a
A(a)
17
572
VSE
Corp.
9
1,878
York
Space
Systems,
Inc.*
7
64
16,980
Air
Freight
&
Logistics
—
0.1%
Forward
Air
Corp.*
11
187
Hub
Group,
Inc.,
Class
a
A
19
758
Radiant
Logistics,
Inc.*
13
111
1,056
Automobile
Components
—
1.0%
Adient
plc*
27
512
Cooper-Standard
Holdings,
Inc.*
6
161
Dana,
Inc.
37
1,109
Dauch
Corp.*
79
495
Dorman
Products,
Inc.*
9
1,160
Fox
Factory
Holding
Corp.*
16
327
Garrett
Motion,
Inc.
57
1,536
Gentherm,
Inc.*
10
393
Goodyear
Tire
&
Rubber
Co.
(The)*
93
583
Holley,
Inc.*
26
74
LCI
Industries
8
805
Motorcar
Parts
of
America,
Inc.*
5
58
Patrick
Industries,
Inc.
10
817
Phinia,
Inc.
12
821
Solid
Power,
Inc.*
67
156
Investments
Shares
Value
Common
Stocks
(continued)
Standard
Motor
Products,
Inc.
7
$
264
Stoneridge,
Inc.*
10
69
Strattec
Security
Corp.*
1
70
Versigent
plc*
23
1,090
Visteon
Corp.
9
917
XPEL,
Inc.*(b)
8
394
11,811
Automobiles
—
0.1%
Harley-Davidson,
Inc.
35
966
Livewire
Group,
Inc.(a)
6
7
Lucid
Group,
Inc.,
Class
a
A*
44
214
Winnebago
Industries,
Inc.
9
271
1,458
Banks
—
9.2%
1st
Source
Corp.
6
514
ACNB
Corp.
3
195
Amalgamated
Financial
Corp.
6
288
Amerant
Bancorp,
Inc.,
Class
a
A
11
316
Ameris
Bancorp
21
1,769
Ames
National
Corp.
3
94
Arrow
Financial
Corp.
5
189
Associated
Banc-Corp.
50
1,531
Atlantic
Union
Bankshares
Corp.
49
1,976
Avidbank
Holdings,
Inc.*
3
94
Avidia
Bancorp,
Inc.
6
133
Axos
Financial,
Inc.*
18
1,742
Banc
of
California,
Inc.
51
950
BancFirst
Corp.
7
765
Bancorp,
Inc.
(The)*
13
845
Bank
First
Corp.
3
452
Bank
of
Hawaii
Corp.
13
987
Bank
of
Marin
Bancorp
5
133
Bank
of
NT
Butterfield
&
Son
Ltd.
(The)
13
765
Bank7
Corp.
1
51
BankUnited,
Inc.
24
1,094
Bankwell
Financial
Group,
Inc.
2
132
Banner
Corp.
11
772
Bar
Harbor
Bankshares
5
196
BayCom
Corp.
3
90
BCB
Bancorp,
Inc.
6
51
Beacon
Financial
Corp.
27
838
Blue
Ridge
Bankshares,
Inc.
22
86
Bridgewater
Bancshares,
Inc.*
7
148
Burke
&
Herbert
Financial
Services
Corp.
5
357
Business
First
Bancshares,
Inc.
10
310
BV
Financial,
Inc.*
2
42
Byline
Bancorp,
Inc.
10
379
C&F
Financial
Corp.
1
91
California
BanCorp
8
170
Camden
National
Corp.
5
282
Capital
Bancorp,
Inc.
4
145
Capital
City
Bank
Group,
Inc.
5
252
Capitol
Federal
Financial,
Inc.
43
370
Carter
Bankshares,
Inc.
7
219
Cathay
General
Bancorp
21
1,285
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
91
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
CB
Financial
Services,
Inc.
2
$
75
Central
Pacific
Financial
Corp.
8
298
CF
Bankshares,
Inc.
2
69
Chain
Bridge
Bancorp,
Inc.,
Class
a
A*
1
46
Chemung
Financial
Corp.
1
81
ChoiceOne
Financial
Services,
Inc.
5
166
Citizens
&
Northern
Corp.
6
152
Citizens
Community
Bancorp,
Inc.
3
63
Citizens
Financial
Services,
Inc.
1
80
City
Holding
Co.
5
715
Civista
Bancshares,
Inc.
7
189
CNB
Financial
Corp.
10
338
Coastal
Financial
Corp.*
4
188
CoastalSouth
Bancshares,
Inc.
3
82
Colony
Bankcorp,
Inc.
7
148
Columbia
Financial,
Inc.
88
1,023
Commercial
Bancgroup,
Inc.
3
101
Community
Bancorp
2
81
Community
Financial
System,
Inc.
17
1,067
Community
Trust
Bancorp,
Inc.
5
381
Community
West
Bancshares
8
207
ConnectOne
Bancorp,
Inc.
16
503
Customers
Bancorp,
Inc.*
10
782
CVB
Financial
Corp.
56
1,242
Dime
Commercial
Bancshares,
Inc.
13
525
Eagle
Bancorp
Montana,
Inc.
2
45
Eagle
Bancorp,
Inc.
9
246
Eagle
Financial
Services,
Inc.
2
83
Eastern
Bankshares,
Inc.
72
1,581
ECB
Bancorp,
Inc.*
2
41
Enterprise
Financial
Services
Corp.
12
759
Equity
Bancshares,
Inc.,
Class
a
A
6
296
Esquire
Financial
Holdings,
Inc.
2
223
Farmers
&
Merchants
Bancorp,
Inc.
4
136
Farmers
National
Banc
Corp.
20
312
FB
Bancorp,
Inc.*
6
94
FB
Financial
Corp.
14
797
Fidelity
D&D
Bancorp,
Inc.
2
107
Financial
Institutions,
Inc.
6
243
Finwise
Bancorp*
4
56
First
Bancorp
13
825
First
Bancorp
52
1,450
First
Bancorp,
Inc.
(The)
4
137
First
Bank
9
160
First
Busey
Corp.
26
783
First
Business
Financial
Services,
Inc.
3
210
First
Capital,
Inc.
1
62
First
Commonwealth
Financial
Corp.
34
704
First
Community
Bankshares,
Inc.
5
242
First
Community
Corp.
3
99
Investments
Shares
Value
Common
Stocks
(continued)
First
Financial
Bancorp
36
$
1,175
First
Financial
Bankshares,
Inc.
45
1,495
First
Financial
Corp.
4
313
First
Internet
Bancorp
2
55
First
Interstate
BancSystem,
Inc.,
Class
a
A
30
1,104
First
Merchants
Corp.
21
871
First
Mid
Bancshares,
Inc.
8
398
First
National
Corp.
3
92
First
Northern
Community
Bancorp*
7
117
First
United
Corp.
2
86
First
Western
Financial,
Inc.*
3
93
Firstsun
Capital
Bancorp*
8
320
Five
Star
Bancorp
5
229
Flagstar
Bank
NA
103
1,371
Franklin
Financial
Services
Corp.
1
62
FS
Bancorp,
Inc.
2
85
Fulton
Financial
Corp.
64
1,501
FVCBankcorp,
Inc.
7
128
GBank
Financial
Holdings,
Inc.*
3
59
German
American
Bancorp,
Inc.
12
592
Glacier
Bancorp,
Inc.
45
2,084
Great
Southern
Bancorp,
Inc.
3
235
Greene
County
Bancorp,
Inc.
2
69
Hancock
Whitney
Corp.
27
2,011
Hanmi
Financial
Corp.
10
310
Hanover
Bancorp,
Inc.
1
27
Hawthorn
Bancshares,
Inc.
2
78
HBT
Financial,
Inc.
5
177
Heritage
Financial
Corp.
13
371
Hilltop
Holdings,
Inc.
13
495
Hingham
Institution
For
Savings
(The)
1
288
Home
Bancorp,
Inc.
2
137
Home
BancShares,
Inc.
62
1,827
HomeTrust
Bancshares,
Inc.
5
232
Hope
Bancorp,
Inc.
41
565
Horizon
Bancorp,
Inc.
20
388
Independent
Bank
Corp.
6
219
Independent
Bank
Corp.
16
1,299
International
Bancshares
Corp.
18
1,263
Investar
Holding
Corp.
4
121
Isabella
Bank
Corp.
2
77
John
Marshall
Bancorp,
Inc.
4
91
Kearny
Financial
Corp.
20
197
Lakeland
Financial
Corp.
8
473
Landmark
Bancorp,
Inc.
2
64
LCNB
Corp.
4
77
Live
Oak
Bancshares,
Inc.
12
473
MainStreet
Bancshares,
Inc.
2
50
Mechanics
Bancorp
14
220
Mercantile
Bank
Corp.
6
359
Meridian
Corp.
3
58
Metrocity
Bankshares,
Inc.
8
279
Metropolitan
Bank
Holding
Corp.
4
363
Mid
Penn
Bancorp,
Inc.
7
255
Midland
States
Bancorp,
Inc.
6
197
RUSSELL
2000
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
92
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
MVB
Financial
Corp.
4
$
121
National
Bank
Holdings
Corp.,
Class
a
A
14
578
National
Bankshares,
Inc.
2
82
NB
Bancorp,
Inc.
13
290
NBT
Bancorp,
Inc.
17
874
Nicolet
Bankshares,
Inc.
6
1,016
Northeast
Bank
2
252
Northeast
Community
Bancorp,
Inc.
4
105
Northpointe
Bancshares,
Inc.
9
153
Northrim
Bancorp,
Inc.
7
179
Northwest
Bancshares,
Inc.
49
749
Norwood
Financial
Corp.
3
102
Oak
Valley
Bancorp
2
67
OceanFirst
Financial
Corp.
28
528
OFG
Bancorp
14
729
Ohio
Valley
Banc
Corp.
1
46
Old
National
Bancorp
116
2,967
Old
Second
Bancorp,
Inc.
16
401
OP
Bancorp
5
75
Orange
County
Bancorp,
Inc.
4
152
Origin
Bancorp,
Inc.
10
531
Orrstown
Financial
Services,
Inc.
6
250
Park
National
Corp.
5
976
Parke
Bancorp,
Inc.
3
101
Pathward
Financial,
Inc.
7
570
PCB
Bancorp
3
82
Peapack-Gladstone
Financial
Corp.
5
223
Peoples
Bancorp
of
North
Carolina,
Inc.
1
44
Peoples
Bancorp,
Inc.
11
433
Peoples
Financial
Services
Corp.
3
206
Pioneer
Bancorp,
Inc.*
4
70
Plumas
Bancorp
2
122
Ponce
Financial
Group,
Inc.*
7
142
Preferred
Bank
4
410
Primis
Financial
Corp.
8
127
Princeton
Bancorp,
Inc.
2
84
Provident
Financial
Services,
Inc.
43
1,006
QCR
Holdings,
Inc.
5
497
RBB
Bancorp
5
130
Red
River
Bancshares,
Inc.
2
200
Renasant
Corp.
31
1,268
Republic
Bancorp,
Inc.,
Class
a
A
3
281
Richmond
Mutual
Bancorp,
Inc.
4
63
S&T
Bancorp,
Inc.
12
594
Seacoast
Banking
Corp.
of
Florida
32
1,087
ServisFirst
Bancshares,
Inc.
34
1,463
Shore
Bancshares,
Inc.
10
230
Sierra
Bancorp
4
158
Simmons
First
National
Corp.,
Class
a
A
48
1,084
SmartFinancial,
Inc.
5
253
South
Plains
Financial,
Inc.
5
218
Investments
Shares
Value
Common
Stocks
(continued)
Southern
First
Bancshares,
Inc.*
3
$
184
Southern
Missouri
Bancorp,
Inc.
3
221
Southside
Bancshares,
Inc.
9
284
SR
Bancorp,
Inc.
2
39
Stock
Yards
Bancorp,
Inc.
9
713
Texas
Capital
Bancshares,
Inc.
14
1,361
Third
Coast
Bancshares,
Inc.*
5
223
Timberland
Bancorp,
Inc.
2
91
Tompkins
Financial
Corp.
4
388
Towne
Bank
29
1,074
TriCo
Bancshares
10
534
Triumph
Financial,
Inc.*
7
499
TrustCo
Bank
Corp.
6
340
Trustmark
Corp.
18
827
UMB
Financial
Corp.
24
3,399
United
Bankshares,
Inc.
46
2,168
United
Community
Banks,
Inc.
41
1,428
Unity
Bancorp,
Inc.
2
116
Univest
Financial
Corp.
9
374
USCB
Financial
Holdings,
Inc.
4
89
Valley
National
Bancorp
162
2,210
Virginia
National
Bankshares
Corp.
2
93
WaFd,
Inc.
24
858
Washington
Trust
Bancorp,
Inc.
6
235
WesBanco,
Inc.
31
1,240
West
Bancorp,
Inc.
5
141
Westamerica
Bancorp
8
464
Western
New
England
Bancorp,
Inc.
7
96
WSFS
Financial
Corp.
17
1,317
108,341
Beverages
—
0.2%
Boston
Beer
Co.,
Inc.
(The),
Class
a
A*
3
533
MGP
Ingredients,
Inc.
6
100
National
Beverage
Corp.
8
253
Vita
Coco
Co.,
Inc.
(The)*
16
940
1,826
Biotechnology
—
9.3%
4D
Molecular
Therapeutics,
Inc.*
16
226
Abeona
Therapeutics,
Inc.*
15
88
Absci
Corp.*
47
425
ACADIA
Pharmaceuticals,
Inc.*
44
1,272
Achieve
Life
Sciences,
Inc.*
26
206
Acumen
Pharmaceuticals,
Inc.*
16
46
ADC
Therapeutics
SA*
36
42
ADMA
Biologics,
Inc.*
76
714
Agenus,
Inc.(a)
14
107
Agios
Pharmaceuticals,
Inc.*
19
640
Akebia
Therapeutics,
Inc.*
86
79
Aktis
Oncology,
Inc.*
7
181
Alector,
Inc.*
33
75
Alkermes
plc*
57
2,678
Allogene
Therapeutics,
Inc.*
89
178
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
93
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Altimmune,
Inc.*
66
$
205
ALX
Oncology
Holdings,
Inc.*
36
69
AnaptysBio,
Inc.*
6
342
Anavex
Life
Sciences
Corp.(a)
31
87
Anika
Therapeutics,
Inc.*
4
83
Annexon,
Inc.*
53
262
Apogee
Therapeutics,
Inc.*
15
2,026
Arbutus
Biopharma
Corp.*
56
284
Arcturus
Therapeutics
Holdings,
Inc.*
10
148
Arcus
Biosciences,
Inc.*
31
908
Arcutis
Biotherapeutics,
Inc.*
40
959
Ardelyx,
Inc.*
81
306
Armata
Pharmaceuticals,
Inc.*
5
28
ArriVent
Biopharma,
Inc.*
12
361
ARS
Pharmaceuticals,
Inc.*
21
126
Assembly
Biosciences,
Inc.(a)
3
101
Atrium
Therapeutics,
Inc.*
6
80
Aura
Biosciences,
Inc.*
15
108
Aurinia
Pharmaceuticals,
Inc.*
39
628
Avalo
Therapeutics,
Inc.*
15
290
Beam
Therapeutics,
Inc.*
33
971
Benitec
Biopharma,
Inc.*
8
97
Bicara
Therapeutics,
Inc.*
14
324
BioCryst
Pharmaceuticals,
Inc.*
77
747
Biohaven
Ltd.*
44
672
Black
Diamond
Therapeutics,
Inc.*
16
34
Bright
Minds
Biosciences,
Inc.*
2
143
C4
Therapeutics,
Inc.*
34
126
Cabaletta
Bio,
Inc.*
38
118
CAMP4
Therapeutics
Corp.*
11
44
Candel
Therapeutics,
Inc.*
21
274
Canton
Strategic
Holdings,
Inc.*
15
34
Capricor
Therapeutics,
Inc.*
18
178
CareDx,
Inc.*
17
852
Caribou
Biosciences,
Inc.*
31
48
Cartesian
Therapeutics,
Inc.*
5
46
Celcuity,
Inc.*
12
1,069
Celldex
Therapeutics,
Inc.*
25
991
Century
Therapeutics,
Inc.*
43
88
CG
oncology,
Inc.*
24
1,804
Climb
Bio,
Inc.*
12
165
Cogent
Biosciences,
Inc.*
57
1,995
Coherus
Oncology,
Inc.*
45
61
Compass
Therapeutics,
Inc.*
45
108
Connect
Biopharma
Holdings
Ltd.,
ADR*
6
13
Corbus
Pharmaceuticals
Holdings,
Inc.*
6
65
Corvus
Pharmaceuticals,
Inc.*
23
323
Crescent
Biopharma,
Inc.*
10
166
CRISPR
Therapeutics
AG(a)
30
1,709
Cullinan
Therapeutics,
Inc.*
21
463
Cytokinetics,
Inc.*
45
3,191
CytomX
Therapeutics,
Inc.*
60
202
Damora
Therapeutics,
Inc.*
17
479
Denali
Therapeutics,
Inc.*
48
1,140
Design
Therapeutics,
Inc.*
11
166
DiaMedica
Therapeutics,
Inc.*
13
83
Investments
Shares
Value
Common
Stocks
(continued)
Dianthus
Therapeutics,
Inc.*
15
$
1,584
Disc
Medicine,
Inc.*
9
708
Dyne
Therapeutics,
Inc.*
50
1,272
Editas
Medicine,
Inc.*
33
101
Eikon
Therapeutics,
Inc.*
8
84
Eledon
Pharmaceuticals,
Inc.*
26
77
Elicio
Therapeutics,
Inc.(a)
5
13
Emergent
BioSolutions,
Inc.*
18
110
Enanta
Pharmaceuticals,
Inc.*
10
133
Entrada
Therapeutics,
Inc.*
10
71
Erasca,
Inc.*
73
1,305
Evommune,
Inc.*
5
63
Fennec
Pharmaceuticals,
Inc.*
10
124
First
Tracks
Biotherapeutics,
Inc.*
8
335
Foghorn
Therapeutics,
Inc.*
13
75
Galectin
Therapeutics,
Inc.*
16
63
Generate
Biomedicines,
Inc.*
9
137
Geron
Corp.*
183
273
GRAIL,
Inc.*
13
1,032
Greenwich
Lifesciences,
Inc.(a)
5
75
Gyre
Therapeutics,
Inc.*
7
46
Heron
Therapeutics,
Inc.(a)
61
19
Hyperliquid
Strategies,
Inc.*
44
539
Ideaya
Biosciences,
Inc.*
27
1,083
Immix
Biopharma,
Inc.*
14
196
Immuneering
Corp.,
Class
a
A(a)
18
90
ImmunityBio,
Inc.*
129
1,026
Immunome,
Inc.*
35
959
Immunovant,
Inc.*
28
1,143
Inhibikase
Therapeutics,
Inc.*
42
97
Inhibrx
Biosciences,
Inc.*
3
380
Intellia
Therapeutics,
Inc.*
46
586
Invivyd,
Inc.*
70
67
Iovance
Biotherapeutics,
Inc.*
132
1,078
Ironwood
Pharmaceuticals,
Inc.,
Class
a
A*
57
242
Jade
Biosciences,
Inc.*
10
214
Janux
Therapeutics,
Inc.*
16
292
Kailera
Therapeutics,
Inc.*
16
246
Karyopharm
Therapeutics,
Inc.*
7
14
Keros
Therapeutics,
Inc.*
7
78
Kiniksa
Pharmaceuticals
International
plc,
Class
a
A*
14
1,101
Kodiak
Sciences,
Inc.*
13
486
Korro
Bio,
Inc.*
5
62
Krystal
Biotech,
Inc.*
8
2,875
Kura
Oncology,
Inc.*
28
354
Kymera
Therapeutics,
Inc.*
20
2,376
Kyverna
Therapeutics,
Inc.*
15
127
Larimar
Therapeutics,
Inc.*
22
84
Lexeo
Therapeutics,
Inc.*
24
114
Lineage
Cell
Therapeutics,
Inc.
(a)
62
68
Lyell
Immunopharma,
Inc.*
4
57
MacroGenics,
Inc.*
21
84
MannKind
Corp.*
101
405
MapLight
Therapeutics,
Inc.*
4
52
MeiraGTx
Holdings
plc*
20
276
MiMedx
Group,
Inc.*
42
191
RUSSELL
2000
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
94
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Mineralys
Therapeutics,
Inc.*
19
$
488
Minerva
Neurosciences,
Inc.(a)
12
55
Mirum
Pharmaceuticals,
Inc.*
15
1,471
Monopar
Therapeutics,
Inc.*
1
112
Monte
Rosa
Therapeutics,
Inc.*
25
348
Myriad
Genetics,
Inc.*
31
100
Neurogene,
Inc.*
4
145
Nkarta,
Inc.*
15
41
Novavax,
Inc.*
52
487
Nurix
Therapeutics,
Inc.*
33
851
Nuvectis
Pharma,
Inc.*
6
136
Ocugen,
Inc.*
115
153
Olema
Pharmaceuticals,
Inc.*
26
271
OnKure
Therapeutics,
Inc.,
Class
a
A*
9
33
Opus
Genetics,
Inc.*
18
65
Organogenesis
Holdings,
Inc.,
Class
a
A*
23
40
ORIC
Pharmaceuticals,
Inc.*
25
325
Oruka
Therapeutics,
Inc.*
16
1,482
Ovid
Therapeutics,
Inc.*
52
139
Palisade
Bio,
Inc.*
51
99
Palvella
Therapeutics,
Inc.*
4
610
Perspective
Therapeutics,
Inc.*
34
107
Praxis
Precision
Medicines,
Inc.*
8
2,802
Precigen,
Inc.*
64
444
Precision
BioSciences,
Inc.*
9
69
Prelude
Therapeutics,
Inc.*
10
56
Prime
Medicine,
Inc.*
31
111
ProKidney
Corp.,
Class
a
A(a)
25
47
Protagonist
Therapeutics,
Inc.*
20
2,955
Protalix
BioTherapeutics,
Inc.*
25
64
Protara
Therapeutics,
Inc.*
18
69
Prothena
Corp.
plc*
15
140
PTC
Therapeutics,
Inc.*
27
1,878
Puma
Biotechnology,
Inc.*
15
137
Recursion
Pharmaceuticals,
Inc.,
Class
a
A(a)
170
578
REGENXBIO,
Inc.*
17
161
Relay
Therapeutics,
Inc.*
53
974
Replimune
Group,
Inc.*
27
413
Rezolute,
Inc.*
26
122
Rhythm
Pharmaceuticals,
Inc.*
18
1,910
Rigel
Pharmaceuticals,
Inc.*
6
277
Rocket
Pharmaceuticals,
Inc.*
30
112
SAB
Biotherapeutics,
Inc.*
15
56
Sagimet
Biosciences,
Inc.,
Class
a
A*
20
205
Sana
Biotechnology,
Inc.*
62
240
Sarepta
Therapeutics,
Inc.*
35
736
Savara,
Inc.*
52
280
Scholar
Rock
Holding
Corp.*
38
2,158
SELLAS
Life
Sciences
Group,
Inc.(a)
63
840
Shattuck
Labs,
Inc.*
21
147
Sionna
Therapeutics,
Inc.*
7
42
Solid
Biosciences,
Inc.*
26
249
Spruce
Biosciences,
Inc.*
1
59
Spyre
Therapeutics,
Inc.*
24
2,144
Investments
Shares
Value
Common
Stocks
(continued)
Stoke
Therapeutics,
Inc.*
18
$
562
Surrozen,
Inc.*
2
44
Sutro
Biopharma,
Inc.*
5
101
Syndax
Pharmaceuticals,
Inc.*
30
579
Tango
Therapeutics,
Inc.*
46
1,051
Taysha
Gene
Therapies,
Inc.*
79
450
Tectonic
Therapeutic,
Inc.*
3
90
Tenax
Therapeutics,
Inc.*
9
17
TG
Therapeutics,
Inc.*
49
2,661
Tonix
Pharmaceuticals
Holding
Corp.*
6
85
Travere
Therapeutics,
Inc.*
29
1,922
TriSalus
Life
Sciences,
Inc.*
16
79
Twist
Bioscience
Corp.*
21
2,919
Tyra
Biosciences,
Inc.*
12
300
Ultragenyx
Pharmaceutical,
Inc.*
33
832
Unicycive
Therapeutics,
Inc.*
9
47
Upstream
Bio,
Inc.*
12
79
UroGen
Pharma
Ltd.*
14
603
Vanda
Pharmaceuticals,
Inc.*
18
97
Vaxcyte,
Inc.*
44
2,673
Vera
Therapeutics,
Inc.,
Class
a
A*
21
716
Veracyte,
Inc.*
26
1,123
Verastem,
Inc.*
27
195
Vericel
Corp.*
17
678
Vir
Biotechnology,
Inc.*
43
470
Viridian
Therapeutics,
Inc.*
31
718
Vor
BioPharma,
Inc.*
13
292
Voyager
Therapeutics,
Inc.*
18
62
Whitehawk
Therapeutics,
Inc.*
11
50
X4
Pharmaceuticals,
Inc.*
27
109
Xencor,
Inc.*
22
600
Xenon
Pharmaceuticals,
Inc.*
32
1,927
Z
Squared,
Inc.*
15
44
Zenas
Biopharma,
Inc.(a)
9
291
Zentalis
Pharmaceuticals,
Inc.*
17
64
Zura
Bio
Ltd.,
Class
a
A(a)
20
111
Zymeworks,
Inc.*
15
441
109,204
Broadline
Retail
—
0.1%
1stdibs.com,
Inc.*
9
39
Groupon,
Inc.,
Class
a
A(a)
10
192
Kohl's
Corp.
37
660
Pattern
Group,
Inc.,
Class
a
A*
11
228
Savers
Value
Village,
Inc.*
13
134
1,253
Building
Products
—
1.0%
Apogee
Enterprises,
Inc.
7
273
AZZ,
Inc.
10
1,372
CSW
Industrials,
Inc.
5
1,545
Gibraltar
Industries,
Inc.*
10
450
Griffon
Corp.
13
1,266
Insteel
Industries,
Inc.
6
181
Janus
International
Group,
Inc.*
46
228
Masterbrand,
Inc.*
68
561
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
95
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Quanex
Building
Products
Corp.
18
$
346
Resideo
Technologies,
Inc.*
45
871
Tecnoglass
Holdings,
Inc.
8
317
UFP
Industries,
Inc.
18
1,521
Zurn
Elkay
Water
Solutions
Corp.
51
2,438
11,369
Capital
Markets
—
1.9%
Acadian
Asset
Management,
Inc.
9
848
AlTi
Global,
Inc.*
17
66
Artisan
Partners
Asset
Management,
Inc.,
Class
a
A
21
894
Bakkt,
Inc.,
Class
a
A*
11
84
BGC
Group,
Inc.,
Class
a
A
126
1,513
BRC
Group
Holdings,
Inc.*
8
55
Chaince
Digital
Holdings,
Inc.*
23
69
Cohen
&
Steers,
Inc.
9
726
DigitalBridge
Group,
Inc.
59
939
Donnelley
Financial
Solutions,
Inc.*
8
386
GCM
Grosvenor,
Inc.,
Class
a
A
20
276
Gemini
Space
Station,
Inc.,
Class
a
A*
14
63
Innventure,
Inc.(a)
19
25
Marex
Group
Ltd.
20
1,450
MarketWise,
Inc.
1
18
Miami
International
Holdings,
Inc.*
25
1,072
Moelis
&
Co.,
Class
a
A
24
1,634
Patria
Investments
Ltd.,
Class
a
A
22
249
Perella
Weinberg
Partners,
Class
a
A
24
399
Piper
Sandler
Cos.
23
1,726
PJT
Partners,
Inc.,
Class
a
A
8
1,443
Ridgepost
Capital,
Inc.,
Class
a
A
20
172
SHARPLINK,
Inc.*
63
544
StepStone
Group,
Inc.,
Class
a
A
25
1,306
StoneX
Group,
Inc.*
36
2,465
Victory
Capital
Holdings,
Inc.,
Class
a
A
14
1,652
Virtus
Investment
Partners,
Inc.
2
331
Wealthfront
Corp.*
13
120
Webull
Corp.*
111
1,052
Westwood
Holdings
Group,
Inc.
2
39
WisdomTree,
Inc.
45
1,083
22,699
Chemicals
—
1.6%
AdvanSix,
Inc.
10
168
Alto
Ingredients,
Inc.*
25
99
Ashland,
Inc.
15
1,100
ASP
Isotopes,
Inc.*
41
165
Aspen
Aerogels,
Inc.*
23
113
Avient
Corp.
30
1,322
Balchem
Corp.
11
1,935
Cabot
Corp.
17
1,406
Chemours
Co.
(The)
51
794
Investments
Shares
Value
Common
Stocks
(continued)
Core
Molding
Technologies,
Inc.*
3
$
75
Ecovyst,
Inc.*
38
386
Flotek
Industries,
Inc.*
5
119
FMC
Corp.
44
507
Hawkins,
Inc.
6
722
HB
Fuller
Co.
18
989
Huntsman
Corp.
58
556
Ingevity
Corp.*
12
831
Innospec,
Inc.
8
751
Intrepid
Potash,
Inc.*
4
155
Koppers
Holdings,
Inc.
6
275
Kronos
Worldwide,
Inc.
8
71
LSB
Industries,
Inc.*
20
213
Mativ
Holdings,
Inc.
19
226
Minerals
Technologies,
Inc.
10
709
Orion
SA
19
119
Perimeter
Solutions,
Inc.*
52
1,586
PureCycle
Technologies,
Inc.(a)
50
327
Quaker
Chemical
Corp.
4
663
Rayonier
Advanced
Materials,
Inc.*
21
180
Sensient
Technologies
Corp.
14
1,889
Stepan
Co.
7
438
Tronox
Holdings
plc
41
217
19,106
Commercial
Services
&
Supplies
—
1.4%
ABM
Industries,
Inc.
19
886
ACCO
Brands
Corp.
31
133
ACV
Auctions,
Inc.,
Class
a
A*
59
415
BrightView
Holdings,
Inc.*
24
267
Brink's
Co.
(The)
13
1,416
Casella
Waste
Systems,
Inc.,
Class
a
A*
21
1,937
Cimpress
plc*
6
535
Civeo
Corp.*
3
100
CompX
International,
Inc.
1
32
CoreCivic,
Inc.*
33
1,096
Deluxe
Corp.
14
323
Ennis,
Inc.
8
171
Enviri
Corp.*
9
200
GEO
Group,
Inc.
(The)*
42
1,336
Healthcare
Services
Group,
Inc.*
24
528
HNI
Corp.
23
1,114
Interface,
Inc.,
Class
a
A
19
720
Liquidity
Services,
Inc.*
8
333
MillerKnoll,
Inc.
25
565
NLI
Holdings,
Inc.
4
27
Onterris,
Inc.*
12
201
OPENLANE,
Inc.*
35
1,246
Perma-Fix
Environmental
Services,
Inc.*
10
181
Pitney
Bowes,
Inc.
48
822
Quad/Graphics,
Inc.
11
111
UniFirst
Corp.
5
1,383
Vestis
Corp.*
31
388
16,466
RUSSELL
2000
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
96
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Communications
Equipment
—
0.8%
ADTRAN
Holdings,
Inc.*
26
$
202
Aviat
Networks,
Inc.*
4
80
BK
Technologies
Corp.*
1
72
Calix,
Inc.*
19
724
Clearfield,
Inc.*
4
116
Digi
International,
Inc.*
12
899
Extreme
Networks,
Inc.*
43
967
Harmonic,
Inc.*
37
443
Inseego
Corp.*
5
21
KVH
Industries,
Inc.*
5
38
Lantronix,
Inc.*
12
64
NETGEAR,
Inc.*
9
190
NetScout
Systems,
Inc.*
23
893
Ondas,
Inc.(a)
162
1,240
Ribbon
Communications,
Inc.*
31
62
Viasat,
Inc.*
43
2,893
Vistance
Networks,
Inc.
74
467
9,371
Construction
&
Engineering
—
1.4%
Ameresco,
Inc.,
Class
a
A*
11
243
Arcosa,
Inc.
16
2,325
Argan,
Inc.
4
1,700
Bowman
Consulting
Group
Ltd.,
Class
a
A*
5
213
Cardinal
Infrastructure
Group,
Inc.,
Class
a
A*
6
222
Centuri
Holdings,
Inc.*
31
633
Concrete
Pumping
Holdings,
Inc.*
8
72
Construction
Partners,
Inc.,
Class
a
A*
16
1,699
Fluor
Corp.*
48
2,616
Granite
Construction,
Inc.
14
1,688
Legence
Corp.,
Class
a
A*
19
1,018
Limbach
Holdings,
Inc.*
4
165
Matrix
Service
Co.*
10
108
MYR
Group,
Inc.*
5
1,457
NWPX
Infrastructure,
Inc.*
3
330
Orion
Group
Holdings,
Inc.*
14
132
Shimmick
Corp.*
4
14
Tutor
Perini
Corp.
15
1,328
15,963
Construction
Materials
—
0.2%
Knife
River
Corp.*
19
1,191
Smith-Midland
Corp.*
1
26
Titan
America
SA
9
134
United
States
Lime
&
Minerals,
Inc.
4
473
1,824
Consumer
Finance
—
1.0%
Atlanticus
Holdings
Corp.*
2
181
Bread
Financial
Holdings,
Inc.
13
1,358
Consumer
Portfolio
Services,
Inc.*
4
37
Dave,
Inc.*
3
1,079
Investments
Shares
Value
Common
Stocks
(continued)
Encore
Capital
Group,
Inc.*
7
$
679
Enova
International,
Inc.*
8
1,814
FirstCash
Holdings,
Inc.
13
2,788
Green
Dot
Corp.,
Class
a
A*
19
252
Happen,
Inc.*
38
668
Jefferson
Capital,
Inc.
7
146
LendingTree,
Inc.*
4
112
Medallion
Financial
Corp.
6
71
Navient
Corp.
22
209
Nelnet,
Inc.,
Class
a
A
5
626
NerdWallet,
Inc.,
Class
a
A*
12
119
Oportun
Financial
Corp.*
14
103
OppFi,
Inc.*
9
62
PRA
Group,
Inc.*
15
282
PROG
Holdings,
Inc.
13
496
Regional
Management
Corp.
3
96
Upstart
Holdings,
Inc.*
29
832
World
Acceptance
Corp.*
1
184
12,194
Consumer
Staples
Distribution
&
Retail
—
0.5%
Andersons,
Inc.
(The)
11
714
Chefs'
Warehouse,
Inc.
(The)*
12
1,350
Grocery
Outlet
Holding
Corp.*
32
382
Ingles
Markets,
Inc.,
Class
a
A
5
409
Natural
Grocers
by
Vitamin
Cottage,
Inc.
4
109
PriceSmart,
Inc.
9
1,530
United
Natural
Foods,
Inc.*
20
877
Village
Super
Market,
Inc.,
Class
a
A
3
130
Weis
Markets,
Inc.
4
284
Yesway,
Inc.,
Class
a
A*
5
125
5,910
Containers
&
Packaging
—
0.2%
Ardagh
Metal
Packaging
SA
49
249
Greif,
Inc.,
Class
a
A
8
662
Greif,
Inc.,
Class
a
B
2
211
Myers
Industries,
Inc.
12
385
O-I
Glass,
Inc.*
53
385
Ranpak
Holdings
Corp.,
Class
a
A*
17
81
TriMas
Corp.
9
349
2,322
Distributors
—
0.1%
GigaCloud
Technology,
Inc.,
Class
a
A*
8
388
Gold.
Com,
Inc.
6
270
Weyco
Group,
Inc.
2
90
748
Diversified
Consumer
Services
—
1.0%
American
Public
Education,
Inc.*
6
274
Carriage
Services,
Inc.,
Class
a
A
5
168
Coursera,
Inc.*
73
476
Covista,
Inc.*
11
1,455
Driven
Brands
Holdings,
Inc.*
21
261
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
97
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Frontdoor,
Inc.*
23
$
1,860
Graham
Holdings
Co.,
Class
a
B
1
1,129
KinderCare
Learning
Cos.,
Inc.*
11
28
Laureate
Education,
Inc.*
41
1,539
Lincoln
Educational
Services
Corp.*
10
251
Matthews
International
Corp.,
Class
a
A
10
208
McGraw
Hill,
Inc.*
9
118
OneSpaWorld
Holdings
Ltd.
34
844
Perdoceo
Education
Corp.
21
698
Phoenix
Education
Partners,
Inc.
2
58
Strategic
Education,
Inc.
7
580
Stride,
Inc.*
14
1,214
Universal
Technical
Institute,
Inc.*
16
338
11,499
Diversified
REITs
—
0.4%
AH
Realty
Trust,
Inc.,
REIT
26
168
Alpine
Income
Property
Trust,
Inc.,
REIT
6
117
American
Assets
Trust,
Inc.,
REIT
18
404
Broadstone
Net
Lease,
Inc.,
REIT
64
1,335
CTO
Realty
Growth,
Inc.,
REIT
11
235
Essential
Properties
Realty
Trust,
Inc.,
REIT
72
2,160
Gladstone
Commercial
Corp.,
REIT
17
220
Global
Net
Lease,
Inc.,
REIT
64
588
NexPoint
Diversified
Real
Estate
Trust,
REIT
13
69
5,296
Diversified
Telecommunication
Services
—
0.4%
Anterix,
Inc.*
4
364
ATN
International,
Inc.
3
91
Bandwidth,
Inc.,
Class
a
A*
10
484
Cogent
Communications
Holdings,
Inc.
17
162
IDT
Corp.,
Class
a
B
5
341
Liberty
Capital
Corp.,
Class
a
A*
1
27
Liberty
Capital
Corp.,
Class
a
C*
11
286
Liberty
Latin
America
Ltd.,
Class
a
A*
11
95
Liberty
Latin
America
Ltd.,
Class
a
C*
45
385
Lumen
Technologies,
Inc.*
320
2,000
Shenandoah
Telecommunications
Co.
17
210
Uniti
Group,
Inc.*
59
585
5,030
Electric
Utilities
—
0.6%
Genie
Energy
Ltd.,
Class
a
B
8
119
Hawaiian
Electric
Industries,
Inc.*
57
640
MGE
Energy,
Inc.
12
932
Investments
Shares
Value
Common
Stocks
(continued)
Otter
Tail
Corp.
13
$
1,176
Portland
General
Electric
Co.
40
1,954
TXNM
Energy,
Inc.
35
2,016
6,837
Electrical
Equipment
—
0.9%
Allient,
Inc.
5
470
American
Superconductor
Corp.*
15
431
Amprius
Technologies,
Inc.*
47
464
Array
Technologies,
Inc.*
53
234
Atkore,
Inc.
11
1,031
Babcock
&
Wilcox
Enterprises,
Inc.*
46
347
ChargePoint
Holdings,
Inc.*
9
49
Energy
Vault
Holdings,
Inc.*
47
160
EnerSys
12
2,206
Enovix
Corp.(a)
66
223
Eos
Energy
Enterprises,
Inc.*
115
370
Espey
Mfg.
&
Electronics
Corp.
1
63
Fluence
Energy,
Inc.*
29
313
FuelCell
Energy,
Inc.*
21
362
GrafTech
International
Ltd.*
6
43
Hyliion
Holdings
Corp.*
44
153
LSI
Industries,
Inc.
12
235
NANO
Nuclear
Energy,
Inc.(a)
17
311
Net
Power,
Inc.*
15
27
NuScale
Power
Corp.,
Class
a
A*
108
1,001
Plug
Power,
Inc.(a)
450
972
Power
Solutions
International,
Inc.*
3
109
Preformed
Line
Products
Co.
1
401
SES
AI
Corp.*
86
45
Shoals
Technologies
Group,
Inc.,
Class
a
A*
59
408
Sunrun,
Inc.*
77
660
Tigo
Energy,
Inc.*
13
14
11,102
Electronic
Equipment,
Instruments
&
Components
—
2.2%
908
Devices,
Inc.*
10
107
ADI
Global
Distribution,
Inc.*
25
547
Aeva
Technologies,
Inc.*
11
172
Arlo
Technologies,
Inc.*
36
473
Badger
Meter,
Inc.
10
1,355
Bel
Fuse,
Inc.,
Class
a
A
1
205
Bel
Fuse,
Inc.,
Class
a
B
4
997
Belden,
Inc.
13
1,488
Benchmark
Electronics,
Inc.
12
843
Climb
Global
Solutions,
Inc.
5
143
Crane
NXT
Co.
16
782
CTS
Corp.
9
508
Daktronics,
Inc.*
17
332
ePlus,
Inc.
9
792
Evolv
Technologies
Holdings,
Inc.*
57
297
Forward
Industries,
Inc.*
21
133
Frequency
Electronics,
Inc.*
2
121
Insight
Enterprises,
Inc.*
9
1,413
Itron,
Inc.*
14
1,358
RUSSELL
2000
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
98
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Kimball
Electronics,
Inc.*
8
$
189
Knowles
Corp.*
28
957
LightPath
Technologies,
Inc.,
Class
a
A*
19
191
Lightwave
Logic,
Inc.*
56
304
Methode
Electronics,
Inc.
12
219
Mirion
Technologies,
Inc.,
Class
a
A*
80
1,206
M-Tron
Industries,
Inc.*
1
76
Napco
Security
Technologies,
Inc.
11
399
nLight,
Inc.*
18
761
Novanta,
Inc.*
12
1,755
OSI
Systems,
Inc.*
5
1,040
Ouster,
Inc.*
20
689
PC
Connection,
Inc.
4
319
Plexus
Corp.*
9
2,155
Powerfleet,
Inc.*
44
132
RF
Industries
Ltd.*
4
42
Richardson
Electronics
Ltd.
8
139
Rogers
Corp.*
6
753
ScanSource,
Inc.*
7
400
SmartRent,
Inc.,
Class
a
A*
59
78
Unusual
Machines,
Inc.(a)
15
355
Vishay
Intertechnology,
Inc.
47
1,430
Vishay
Precision
Group,
Inc.*
4
247
Vuzix
Corp.*
23
60
25,962
Energy
Equipment
&
Services
—
2.3%
Archrock,
Inc.
59
1,860
Atlas
Energy
Solutions,
Inc.,
Class
a
A*
28
367
Borr
Drilling
Ltd.*
79
354
Bristow
Group,
Inc.,
Class
a
A
9
409
Cactus,
Inc.,
Class
a
A
23
1,617
Core
Laboratories,
Inc.
16
199
Energy
Services
of
America
Corp.
6
70
Expro
Ltd.*
28
507
Flowco
Holdings,
Inc.,
Class
a
A
12
263
Forum
Energy
Technologies,
Inc.*
3
246
Helix
Energy
Solutions
Group,
Inc.*
47
484
Helmerich
&
Payne,
Inc.
32
1,395
HMH
Holding,
Inc.,
Class
a
A*
3
58
Innovex
International,
Inc.*
15
460
Kodiak
Gas
Services,
Inc.
33
1,939
Liberty
Energy,
Inc.,
Class
a
A
53
1,045
Nabors
Industries
Ltd.*
5
468
National
Energy
Services
Reunited
Corp.*
20
702
Natural
Gas
Services
Group,
Inc.
4
141
Noble
Corp.
plc
43
1,971
Oceaneering
International,
Inc.*
32
1,656
Oil
States
International,
Inc.*
19
168
Patterson-UTI
Energy,
Inc.
116
1,466
ProFrac
Holding
Corp.,
Class
a
A*
10
51
Investments
Shares
Value
Common
Stocks
(continued)
ProPetro
Holding
Corp.*
33
$
375
Ranger
Energy
Services,
Inc.,
Class
a
A
8
134
RPC,
Inc.
34
222
SEACOR
Marine
Holdings,
Inc.*
8
76
Seadrill
Ltd.*
21
1,023
Select
Water
Solutions,
Inc.,
Class
a
A
38
741
Smart
Sand,
Inc.
11
58
Solaris
Energy
Infrastructure,
Inc.,
Class
a
A(a)
17
863
TETRA
Technologies,
Inc.*
45
310
Tidewater,
Inc.*
16
1,490
Transocean
Ltd.*
325
1,888
Valaris
Ltd.*
19
1,641
26,717
Entertainment
—
0.6%
AMC
Entertainment
Holdings,
Inc.,
Class
a
A*
206
544
Atlanta
Braves
Holdings,
Inc.,
Class
a
A*
2
110
Atlanta
Braves
Holdings,
Inc.,
Class
a
C*
16
793
Cinemark
Holdings,
Inc.
35
1,246
CuriosityStream,
Inc.
15
40
IMAX
Corp.*
15
768
Lionsgate
Studios
Corp.*
68
771
Madison
Square
Garden
Entertainment
Corp.,
Class
a
A*
13
1,010
Marcus
Corp.
(The)
7
199
Playtika
Holding
Corp.
19
43
Reservoir
Media,
Inc.*
7
68
Sphere
Entertainment
Co.*
9
1,227
Starz
Entertainment
Corp.*
4
106
Stubhub
Holdings,
Inc.,
Class
a
A*
74
472
7,397
Financial
Services
—
2.0%
Acacia
Research
Corp.*
12
53
Alerus
Financial
Corp.
8
263
Better
Home
&
Finance
Holding
Co.*
4
55
Bladex,
Inc.,
Class
a
E
10
539
Burford
Capital
Ltd.
68
282
Cannae
Holdings,
Inc.
14
218
Cass
Information
Systems,
Inc.
4
224
Compass
Diversified
Holdings*
23
266
Dlocal
Ltd.,
Class
a
A
30
445
Enact
Holdings,
Inc.
9
434
Essent
Group
Ltd.
29
1,959
EVERTEC,
Inc.
20
593
Federal
Agricultural
Mortgage
Corp.,
Class
a
C
3
660
Finance
of
America
Cos.,
Inc.,
Class
a
A*
1
18
Flywire
Corp.*
40
756
HA
Sustainable
Infrastructure
Capital,
Inc.
44
1,740
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
99
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
International
Money
Express,
Inc.*
10
$
145
Jackson
Financial,
Inc.,
Class
a
A
21
2,802
loanDepot,
Inc.,
Class
a
A*
41
39
Marqeta,
Inc.,
Class
a
A*
29
476
Merchants
Bancorp
8
421
NCR
Atleos
Corp.*
24
1,102
NewtekOne,
Inc.
9
106
NMI
Holdings,
Inc.,
Class
a
A*
25
1,109
Onity
Group,
Inc.*
2
68
Pagseguro
Digital
Ltd.,
Class
a
A
58
523
Paymentus
Holdings,
Inc.,
Class
a
A*
19
676
Payoneer
Global,
Inc.*
87
618
Paysafe
Ltd.*
9
58
Paysign,
Inc.*
15
187
PennyMac
Financial
Services,
Inc.
10
731
Priority
Technology
Holdings,
Inc.*
12
64
Radian
Group,
Inc.
45
1,614
Remitly
Global,
Inc.*
62
1,658
Repay
Holdings
Corp.,
Class
a
A*
22
79
Security
National
Financial
Corp.,
Class
a
A*
6
52
Sezzle,
Inc.(a)
5
603
StoneCo
Ltd.,
Class
a
A
77
747
Velocity
Financial,
Inc.*
5
90
Walker
&
Dunlop,
Inc.
11
446
Waterstone
Financial,
Inc.
5
105
23,024
Food
Products
—
0.5%
Alico,
Inc.
2
79
B&G
Foods,
Inc.
26
90
BRC,
Inc.,
Class
a
A*
3
24
Cal-Maine
Foods,
Inc.
14
1,105
Del
Monte
Corp.
11
349
Dole
plc
26
360
Flowers
Foods,
Inc.
64
443
J
&
J
Snack
Foods
Corp.
5
441
John
B
Sanfilippo
&
Son,
Inc.
3
221
Lifeway
Foods,
Inc.*
2
52
Limoneira
Co.
6
83
Mama's
Creations,
Inc.*
13
211
Marzetti
Co.
(The)
6
676
Mission
Produce,
Inc.*
19
242
Once
Upon
a
Farm
PBC*
7
121
Seneca
Foods
Corp.,
Class
a
A*
1
198
Simply
Good
Foods
Co.
(The)*
28
321
Utz
Brands,
Inc.
25
355
Vital
Farms,
Inc.*
13
139
Westrock
Coffee
Co.*
13
101
5,611
Gas
Utilities
—
0.9%
Brookfield
Infrastructure
Corp.,
Class
a
A
43
1,644
Chesapeake
Utilities
Corp.
8
1,068
New
Jersey
Resources
Corp.
33
1,760
Investments
Shares
Value
Common
Stocks
(continued)
Northwest
Natural
Holding
Co.
14
$
687
ONE
Gas,
Inc.
21
1,665
RGC
Resources,
Inc.
3
64
Southwest
Gas
Holdings,
Inc.
24
2,120
Spire,
Inc.
19
1,555
10,563
Ground
Transportation
—
0.3%
ArcBest
Corp.
7
966
Covenant
Logistics
Group,
Inc.,
Class
a
A
5
177
FTAI
Infrastructure,
Inc.(a)
38
132
Heartland
Express,
Inc.
14
173
Hertz
Global
Holdings,
Inc.*
44
100
Marten
Transport
Ltd.
20
288
Proficient
Auto
Logistics,
Inc.*
9
45
RXO,
Inc.*
55
1,169
Universal
Logistics
Holdings,
Inc.(a)
2
37
Werner
Enterprises,
Inc.
20
784
3,871
Health
Care
Equipment
&
Supplies
—
2.7%
Acme
United
Corp.
1
62
Alphatec
Holdings,
Inc.*
43
403
AngioDynamics,
Inc.*
13
210
Anteris
Technologies
Global
Corp.*
27
232
Artivion,
Inc.*
15
405
AtriCure,
Inc.*
16
774
Axogen,
Inc.*
17
863
Beta
Bionics,
Inc.*
13
259
Bioventus,
Inc.,
Class
a
A*
17
232
Butterfly
Network,
Inc.*
70
552
CapsoVision,
Inc.*
12
70
Carlsmed,
Inc.*
4
65
Ceribell,
Inc.*
9
216
Cerus
Corp.*
66
174
ClearPoint
Neuro,
Inc.*
10
151
CONMED
Corp.
10
498
CVRx,
Inc.*
6
18
Delcath
Systems,
Inc.*
10
165
DENTSPLY
SIRONA,
Inc.
69
771
Electromed,
Inc.*
2
56
Embecta
Corp.
20
103
Enovis
Corp.*
19
467
Establishment
Labs
Holdings,
Inc.*
9
624
Glaukos
Corp.*
19
3,412
Haemonetics
Corp.*
15
1,546
Hyperfine,
Inc.,
Class
a
A*
27
22
ICU
Medical,
Inc.*
8
1,384
Inogen,
Inc.*
9
48
Inspire
Medical
Systems,
Inc.*
9
567
Integer
Holdings
Corp.*
11
1,378
Integra
LifeSciences
Holdings
Corp.*
23
389
iRadimed
Corp.
3
259
IRhythm
Holdings,
Inc.*
11
1,308
RUSSELL
2000
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
100
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Kestra
Medical
Technologies
Ltd.*
9
$
232
KORU
Medical
Systems,
Inc.*
16
53
Lantheus
Holdings,
Inc.*
21
2,120
LeMaitre
Vascular,
Inc.
7
562
LivaNova
plc*
18
1,437
Lucid
Diagnostics,
Inc.*
51
50
Merit
Medical
Systems,
Inc.*
19
1,723
MiniMed
Group,
Inc.*
11
223
Neogen
Corp.*
74
855
NeuroPace,
Inc.*
10
146
Novocure
Ltd.*
35
618
Omnicell,
Inc.*
15
527
OraSure
Technologies,
Inc.*
22
79
Orchestra
BioMed
Holdings,
Inc.*
14
71
Orthofix
Medical,
Inc.*
14
131
OrthoPediatrics
Corp.*
6
140
Procept
Biorobotics
Corp.*
20
424
Pro-Dex,
Inc.*
1
62
Pulse
Biosciences,
Inc.*
6
302
QuidelOrtho
Corp.*
23
332
RxSight,
Inc.*
14
103
Sanara
Medtech,
Inc.*
1
35
Senseonics
Holdings,
Inc.(a)
14
129
Shoulder
Innovations,
Inc.*
3
63
SI-BONE,
Inc.*
16
304
Sight
Sciences,
Inc.*
14
119
STAAR
Surgical
Co.*
11
248
Stereotaxis,
Inc.(a)
23
33
Strive,
Inc.,
Class
a
A(a)
21
509
Tactile
Systems
Technology,
Inc.*
7
161
Tandem
Diabetes
Care,
Inc.*
25
550
TransMedics
Group,
Inc.*
11
934
UFP
Technologies,
Inc.*
2
596
Utah
Medical
Products,
Inc.
1
71
Varex
Imaging
Corp.*
16
296
31,921
Health
Care
Providers
&
Services
—
2.5%
Acadia
Healthcare
Co.,
Inc.*
32
882
Accendra
Health,
Inc.*
24
29
AdaptHealth
Corp.,
Class
a
A*
34
190
Addus
HomeCare
Corp.*
6
688
agilon
health,
Inc.*
4
352
AirSculpt
Technologies,
Inc.*
4
10
Alignment
Healthcare,
Inc.*
69
925
AMN
Healthcare
Services,
Inc.*
13
446
Ardent
Health,
Inc.*
9
97
Astrana
Health,
Inc.*
15
572
Aveanna
Healthcare
Holdings,
Inc.*
26
349
BrightSpring
Health
Services,
Inc.*
56
3,270
Brookdale
Senior
Living,
Inc.*
80
943
Castle
Biosciences,
Inc.*
10
330
Clover
Health
Investments
Corp.,
Class
a
A*
139
577
Investments
Shares
Value
Common
Stocks
(continued)
Community
Health
Systems,
Inc.*
45
$
131
Concentra
Group
Holdings
Parent,
Inc.
40
1,350
CorVel
Corp.*
10
689
Fulgent
Genetics,
Inc.*
7
136
GeneDx
Holdings
Corp.,
Class
a
A*
6
509
Guardian
Pharmacy
Services,
Inc.,
Class
a
A*
6
222
HealthEquity,
Inc.*
27
2,607
Hims
&
Hers
Health,
Inc.(a)
71
2,100
Hinge
Health,
Inc.,
Class
a
A*
13
1,203
InfuSystem
Holdings,
Inc.*
7
85
Innovage
Holding
Corp.*
8
86
LifeStance
Health
Group,
Inc.*
65
803
Lumexa
Imaging
Holdings,
Inc.*
7
82
National
HealthCare
Corp.
4
866
NeoGenomics,
Inc.*
43
770
NRC
Health
4
84
Nutex
Health,
Inc.*
2
377
Omada
Health,
Inc.*
11
270
OPKO
Health,
Inc.*
133
195
Option
Care
Health,
Inc.*
52
1,219
PACS
Group,
Inc.*
15
635
Pediatrix
Medical
Group,
Inc.*
29
761
Pennant
Group,
Inc.
(The)*
11
404
Privia
Health
Group,
Inc.*
40
820
Progyny,
Inc.*
23
589
RadNet,
Inc.*
23
1,744
SBC
Medical
Group
Holdings,
Inc.*
7
28
Sonida
Senior
Living,
Inc.*
9
337
Starling
Oncology,
Inc.*
26
154
Strata
Critical
Medical,
Inc.*
23
130
Surgery
Partners,
Inc.*
27
375
U.S.
Physical
Therapy,
Inc.
5
389
Viemed
Healthcare,
Inc.*
12
106
29,916
Health
Care
REITs
—
0.7%
CareTrust
REIT,
Inc.
74
2,882
Chiron
Real
Estate,
Inc.,
REIT
4
146
Community
Healthcare
Trust,
Inc.,
REIT
10
147
Diversified
Healthcare
Trust,
REIT
74
560
LTC
Properties,
Inc.,
REIT
16
645
National
Health
Investors,
Inc.,
REIT
16
1,138
National
Healthcare
Properties,
Inc.,
Class
a
A,
REIT
16
257
Sabra
Health
Care
REIT,
Inc.
84
1,713
Strawberry
Fields
REIT,
Inc.
4
54
Universal
Health
Realty
Income
Trust,
REIT
4
164
7,706
Health
Care
Technology
—
0.4%
Certara,
Inc.*
40
332
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
101
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Claritev
Corp.*
3
$
119
Evolent
Health,
Inc.,
Class
a
A*
40
180
HealthStream,
Inc.
8
232
HeartFlow,
Inc.*
26
1,310
LifeMD,
Inc.*
14
43
Phreesia,
Inc.*
17
208
Schrodinger,
Inc.*
21
410
Simulations
Plus,
Inc.*
7
129
Teladoc
Health,
Inc.*
62
393
Waystar
Holding
Corp.*
39
1,021
4,377
Hotel
&
Resort
REITs
—
0.8%
Apple
Hospitality
REIT,
Inc.
74
1,180
Braemar
Hotels
&
Resorts,
Inc.,
REIT
20
40
Chatham
Lodging
Trust,
REIT
16
208
DiamondRock
Hospitality
Co.,
REIT
70
862
Park
Hotels
&
Resorts,
Inc.,
REIT
63
964
Pebblebrook
Hotel
Trust,
REIT
38
688
RLJ
Lodging
Trust,
REIT
43
475
Ryman
Hospitality
Properties,
Inc.,
REIT
22
2,789
Service
Properties
Trust,
REIT
41
320
Summit
Hotel
Properties,
Inc.,
REIT
35
205
Sunstone
Hotel
Investors,
Inc.,
REIT
63
704
Xenia
Hotels
&
Resorts,
Inc.,
REIT
31
581
9,016
Hotels,
Restaurants
&
Leisure
—
1.8%
Accel
Entertainment,
Inc.,
Class
a
A*
18
209
Bally's
Corp.*
4
36
BJ's
Restaurants,
Inc.*
6
381
Black
Rock
Coffee
Bar,
Inc.,
Class
a
A*
7
67
Bloomin'
Brands,
Inc.*
29
299
Brightstar
Lottery
plc
33
372
Brinker
International,
Inc.*
14
3,199
Cheesecake
Factory,
Inc.
(The)
15
1,642
Cracker
Barrel
Old
Country
Store,
Inc.
7
387
Dave
&
Buster's
Entertainment,
Inc.*
10
90
Dine
Brands
Global,
Inc.
4
132
El
Pollo
Loco
Holdings,
Inc.*
10
153
First
Watch
Restaurant
Group,
Inc.*
21
266
Genius
Sports
Ltd.*
79
586
Global
Business
Travel
Group
I*
44
416
Hilton
Grand
Vacations,
Inc.*
18
763
Inspired
Entertainment,
Inc.*
9
52
Jack
in
the
Box,
Inc.(a)
8
132
Krispy
Kreme,
Inc.*
27
92
Kura
Sushi
USA,
Inc.,
Class
a
A*
2
91
Life
Time
Group
Holdings,
Inc.*
49
2,059
Investments
Shares
Value
Common
Stocks
(continued)
Lindblad
Expeditions
Holdings,
Inc.*
16
$
425
Marriott
Vacations
Worldwide
Corp.
9
938
Monarch
Casino
&
Resort,
Inc.
4
482
Nathan's
Famous,
Inc.
1
98
Navan,
Inc.,
Class
a
A*
36
1,046
Papa
John's
International,
Inc.
11
258
Penn
Entertainment,
Inc.*
43
718
Portillo's,
Inc.,
Class
a
A*
23
105
Pursuit
Attractions
and
Hospitality,
Inc.*
7
336
RCI
Hospitality
Holdings,
Inc.
2
58
Red
Rock
Resorts,
Inc.,
Class
a
A
16
899
Rush
Street
Interactive,
Inc.*
35
902
Sabre
Corp.*
115
250
Serve
Robotics,
Inc.(a)
24
117
Shake
Shack,
Inc.,
Class
a
A*
13
896
Six
Flags
Entertainment
Corp.*
32
482
Super
Group
SGHC
Ltd.
55
745
Sweetgreen,
Inc.,
Class
a
A*
35
244
Target
Hospitality
Corp.*
15
278
United
Parks
&
Resorts,
Inc.*
6
240
Venu
Holding
Corp.*
16
31
Wendy's
Co.
(The)(a)
56
465
Xponential
Fitness,
Inc.,
Class
a
A*
13
71
21,508
Household
Durables
—
1.2%
Beazer
Homes
USA,
Inc.*
8
265
Cavco
Industries,
Inc.*
3
1,677
Century
Communities,
Inc.
8
540
Champion
Homes,
Inc.*
18
1,607
Cricut,
Inc.,
Class
a
A
17
100
Dream
Finders
Homes,
Inc.,
Class
a
A*
10
141
Ethan
Allen
Interiors,
Inc.
8
189
Flexsteel
Industries,
Inc.
1
80
GoPro,
Inc.,
Class
a
A(a)
47
41
Green
Brick
Partners,
Inc.*
10
722
Hamilton
Beach
Brands
Holding
Co.,
Class
a
A
2
63
Helen
of
Troy
Ltd.*
8
241
Hovnanian
Enterprises,
Inc.,
Class
a
A*
2
248
Installed
Building
Products,
Inc.
8
1,943
KB
Home
20
1,066
La-Z-Boy,
Inc.
13
411
Legacy
Housing
Corp.*
3
84
LGI
Homes,
Inc.*
7
392
Lifetime
Brands,
Inc.
5
47
Lovesac
Co.
(The)*
7
109
M/I
Homes,
Inc.*
8
1,191
Meritage
Homes
Corp.
22
1,528
Newell
Brands,
Inc.
143
894
Sonos,
Inc.*
40
624
XMAX,
Inc.(a)
21
188
14,391
RUSSELL
2000
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
102
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Household
Products
—
0.3%
Central
Garden
&
Pet
Co.*
3
$
129
Central
Garden
&
Pet
Co.,
Class
a
A*
16
595
Energizer
Holdings,
Inc.
24
523
Oil-Dri
Corp.
of
America
3
270
Spectrum
Brands
Holdings,
Inc.
7
604
WD-40
Co.
4
857
2,978
Independent
Power
and
Renewable
Electricity
Producers
—
0.2%
Hallador
Energy
Co.*
12
199
Montauk
Renewables,
Inc.*
23
39
Ormat
Technologies,
Inc.
20
2,040
2,278
Industrial
Conglomerates
—
0.0%(c)
Brookfield
Business
Corp.,
Class
a
A(a)
23
630
Industrial
REITs
—
0.4%
Industrial
Logistics
Properties
Trust,
REIT
19
157
Innovative
Industrial
Properties,
Inc.,
REIT
9
512
LXP
Industrial
Trust,
REIT
19
1,153
One
Liberty
Properties,
Inc.,
REIT
6
144
Terreno
Realty
Corp.,
REIT
36
2,384
4,350
Insurance
—
2.0%
Abacus
Global
Management,
Inc.
10
96
Accelerant
Holdings,
Class
a
A*
23
454
American
Coastal
Insurance
Corp.
9
85
American
Integrity
Insurance
Group,
Inc.
4
104
AMERISAFE,
Inc.
6
156
Ategrity
Specialty
Holdings
LLC*
3
79
Baldwin
Insurance
Group,
Inc.
(The),
Class
a
A*
34
1,049
Bowhead
Specialty
Holdings,
Inc.*
6
201
Citizens,
Inc.,
Class
a
A(a)
16
60
CNO
Financial
Group,
Inc.
30
1,644
Crawford
&
Co.,
Class
a
A
6
79
Donegal
Group,
Inc.,
Class
a
A
6
115
Employers
Holdings,
Inc.
6
294
Exzeo
Group,
Inc.*
4
67
F&G
Annuities
&
Life,
Inc.
11
262
Genworth
Financial,
Inc.,
Class
a
A*
128
1,272
Goosehead
Insurance,
Inc.,
Class
a
A*
8
549
Greenlight
Capital
Re
Ltd.,
Class
a
A*
9
136
Investments
Shares
Value
Common
Stocks
(continued)
Hamilton
Insurance
Group
Ltd.,
Class
a
B
15
$
527
HCI
Group,
Inc.
4
743
Heritage
Insurance
Holdings,
Inc.*
8
269
Hippo
Holdings,
Inc.*
6
197
Horace
Mann
Educators
Corp.
13
662
James
River
Group
Holdings,
Inc.
13
52
Kemper
Corp.
19
535
Kingstone
Cos.,
Inc.
4
79
Kingsway
Corp.*
8
82
Lemonade,
Inc.*
23
1,201
MBIA,
Inc.*
16
77
Mercury
General
Corp.
9
918
Neptune
Insurance
Holdings,
Inc.,
Class
a
A*
12
400
Octave
Specialty
Group,
Inc.*
14
61
Oscar
Health,
Inc.,
Class
a
A*
79
2,367
Palomar
Holdings,
Inc.
9
1,193
Pelagos
Insurance
Capital
Ltd.
14
342
Porch
Group,
Inc.*
32
544
Root,
Inc.,
Class
a
A*
4
222
Safety
Insurance
Group,
Inc.
5
519
Selective
Insurance
Group,
Inc.
20
1,826
SiriusPoint
Ltd.*
37
895
Skyward
Specialty
Insurance
Group,
Inc.*
14
804
Slide
Insurance
Holdings,
Inc.
22
511
Stewart
Information
Services
Corp.
10
686
Tiptree,
Inc.,
Class
a
A
9
167
Trupanion,
Inc.*
11
321
United
Fire
Group,
Inc.
7
377
Universal
Insurance
Holdings,
Inc.
8
344
23,623
Interactive
Media
&
Services
—
0.5%
Angi,
Inc.,
Class
a
A*
10
47
Bumble,
Inc.,
Class
a
A(a)
34
93
Cargurus,
Inc.,
Class
a
A*
24
856
Cars.com,
Inc.*
16
187
EverQuote,
Inc.,
Class
a
A*
9
229
fuboTV,
Inc.,
Class
a
A*
11
116
Grindr,
Inc.*
9
139
MediaAlpha,
Inc.,
Class
a
A*
11
139
Nextdoor
Holdings,
Inc.*
78
176
QuinStreet,
Inc.*
19
369
RUM
Group,
Inc.*
38
340
Shutterstock,
Inc.
9
50
Taboola.com
Ltd.*
44
164
TripAdvisor,
Inc.*
40
381
Trump
Media
&
Technology
Group
Corp.*
57
557
Webtoon
Entertainment,
Inc.*
8
84
Yelp,
Inc.,
Class
a
A*
18
402
Ziff
Davis,
Inc.*
11
607
ZipRecruiter,
Inc.,
Class
a
A*
22
94
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
103
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
ZoomInfo
Technologies,
Inc.,
Class
a
A*
81
$
343
5,373
IT
Services
—
0.4%
Backblaze,
Inc.,
Class
a
A*
20
283
BigBear.ai
Holdings,
Inc.*
163
510
Commerce.com,
Inc.,
Series
1*
25
60
Crexendo,
Inc.*
7
43
DXC
Technology
Co.*
60
678
Everforth,
Inc.*
13
421
Fastly,
Inc.,
Class
a
A*
51
1,162
Globant
SA*
14
570
Grid
Dynamics
Holdings,
Inc.*
22
176
Hackett
Group,
Inc.
(The)
8
90
Information
Services
Group,
Inc.
12
61
Rackspace
Technology,
Inc.(a)
31
97
SharonAI
Holdings,
Inc.*
1
55
TSS,
Inc.*
9
71
Unisys
Corp.*
22
59
Whitefiber,
Inc.(a)
5
95
4,431
Leisure
Products
—
0.4%
Acushnet
Holdings
Corp.
9
778
Callaway
Golf
Co.*
47
738
Escalade,
Inc.
3
60
Funko,
Inc.,
Class
a
A*
15
101
JAKKS
Pacific,
Inc.
3
75
Johnson
Outdoors,
Inc.,
Class
a
A
2
90
Latham
Group,
Inc.*
18
127
Malibu
Boats,
Inc.,
Class
a
A*
6
162
MasterCraft
Boat
Holdings,
Inc.*
6
140
Peloton
Interactive,
Inc.,
Class
a
A*
135
724
Polaris,
Inc.
18
1,162
Smith
&
Wesson
Brands,
Inc.
15
191
Sturm
Ruger
&
Co.,
Inc.
4
152
Tron,
Inc.*
18
31
4,531
Life
Sciences
Tools
&
Services
—
0.6%
10X
Genomics,
Inc.,
Class
a
A*
40
2,498
Adaptive
Biotechnologies
Corp.*
51
1,271
Alamar
Biosciences,
Inc.*
4
122
Alpha
Teknova,
Inc.*
5
36
Azenta,
Inc.*
14
457
BioLife
Solutions,
Inc.*
14
519
Codexis,
Inc.*
29
49
CryoPort,
Inc.*
17
272
Cytek
Biosciences,
Inc.*
42
201
Fortrea
Holdings,
Inc.*
32
588
Ginkgo
Bioworks
Holdings,
Inc.*
16
109
Lifecore
Biomedical,
Inc.*
10
45
Investments
Shares
Value
Common
Stocks
(continued)
Maravai
LifeSciences
Holdings,
Inc.,
Class
a
A*
38
$
290
Mesa
Laboratories,
Inc.
2
256
Nautilus
Biotechnology,
Inc.,
Class
a
A*
18
17
OmniAb,
Inc.*
36
158
Pacific
Biosciences
of
California,
Inc.*
93
126
Personalis,
Inc.*
23
386
Quanterix
Corp.*
15
40
7,440
Machinery
—
2.6%
3D
Systems
Corp.*
50
164
Aebi
Schmidt
Holding
AG
13
164
AirJoule
Technologies
Corp.*
11
50
Alamo
Group,
Inc.
3
494
Albany
International
Corp.,
Class
a
A
9
499
Alliance
Laundry
Holdings,
Inc.*
21
481
Astec
Industries,
Inc.
8
340
Atmus
Filtration
Technologies,
Inc.
27
1,275
Blue
Bird
Corp.*
10
582
CECO
Environmental
Corp.*
17
1,210
Columbus
McKinnon
Corp.
12
212
Commercial
Vehicle
Group,
Inc.*
11
34
Douglas
Dynamics,
Inc.
8
329
Elmet
Group
Co.
(The)*
6
98
Energy
Recovery,
Inc.*
18
139
Enerpac
Tool
Group
Corp.,
Class
a
A
17
634
Enpro,
Inc.
7
2,074
ESCO
Technologies,
Inc.
9
2,457
Federal
Signal
Corp.
20
2,340
Franklin
Electric
Co.,
Inc.
12
1,201
FreightCar
America,
Inc.*
6
41
Gencor
Industries,
Inc.*
3
56
Gorman-Rupp
Co.
(The)
7
528
Graham
Corp.*
3
262
Greenbrier
Cos.,
Inc.
(The)
10
451
Helios
Technologies,
Inc.
11
803
Hillman
Solutions
Corp.*
66
508
Hyster-Yale,
Inc.
4
135
JBT
Marel
Corp.
17
1,987
Kadant,
Inc.
4
1,197
Kennametal,
Inc.
25
734
L
B
Foster
Co.,
Class
a
A*
3
113
Lindsay
Corp.
3
345
Luxfer
Holdings
plc
10
172
Manitowoc
Co.,
Inc.
(The)*
12
233
Mayville
Engineering
Co.,
Inc.*
5
97
Microvast
Holdings,
Inc.(a)
71
51
Miller
Industries,
Inc.
4
224
Mueller
Water
Products,
Inc.,
Class
a
A
52
1,255
Omega
Flex,
Inc.
1
27
Palladyne
AI
Corp.*
13
74
Park-Ohio
Holdings
Corp.
3
135
RUSSELL
2000
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
104
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Perma-Pipe
International
Holdings,
Inc.*
2
$
55
Proto
Labs,
Inc.*
8
640
Richtech
Robotics,
Inc.,
Class
a
B*
62
116
Standex
International
Corp.
4
1,159
Taylor
Devices,
Inc.*
1
60
Tennant
Co.
6
418
Terex
Corp.
39
2,477
Titan
International,
Inc.*
18
129
Trinity
Industries,
Inc.
27
778
Twin
Disc,
Inc.
4
92
Velo3D,
Inc.*
6
71
Wabash
National
Corp.
14
189
Worthington
Enterprises,
Inc.
10
574
30,963
Marine
Transportation
—
0.3%
Costamare
Bulkers
Holdings
Ltd.*
2
41
Costamare,
Inc.
16
244
Genco
Shipping
&
Trading
Ltd.
11
289
Himalaya
Shipping
Ltd.
11
184
Matson,
Inc.
10
2,248
Pangaea
Logistics
Solutions
Ltd.
13
106
Safe
Bulkers,
Inc.
19
164
3,276
Media
—
0.5%
Advantage
Solutions,
Inc.*
1
33
AMC
Global
Media,
Inc.,
Class
a
A(a)
11
138
Boston
Omaha
Corp.,
Class
a
A*
8
110
Cable
One,
Inc.*
2
55
Clear
Channel
Outdoor
Holdings,
Inc.*
130
308
DoubleVerify
Holdings,
Inc.*
48
643
Entravision
Communications
Corp.,
Class
a
A
22
176
EW
Scripps
Co.
(The),
Class
a
A*
20
66
Gray
Media,
Inc.
30
146
Ibotta,
Inc.,
Class
a
A*
3
112
iHeartMedia,
Inc.,
Class
a
A*
43
117
John
Wiley
&
Sons,
Inc.,
Class
a
A
13
681
Magnite,
Inc.*
48
1,128
MNTN,
Inc.,
Class
a
A*
16
210
National
CineMedia,
Inc.
23
58
Newsmax,
Inc.,
Class
a
B*
17
183
Nexxen
International
Ltd.*
11
107
Optimum
Communications,
Inc.,
Class
a
A*
88
86
PubMatic,
Inc.,
Class
a
A*
14
233
Scholastic
Corp.
5
192
Sinclair,
Inc.
15
212
Stagwell,
Inc.,
Class
a
A*
35
304
TechTarget,
Inc.*
11
43
USA
Today
Co.,
Inc.*
46
289
5,630
Investments
Shares
Value
Common
Stocks
(continued)
Metals
&
Mining
—
1.8%
Alpha
Metallurgical
Resources,
Inc.*
3
$
707
American
Battery
Technology
Co.*
45
121
Ampco-Pittsburgh
Corp.*
6
51
Caledonia
Mining
Corp.
plc
5
126
Century
Aluminum
Co.*
23
1,053
Commercial
Metals
Co.
38
2,564
Compass
Minerals
International,
Inc.*
10
249
Constellium
SE,
Class
a
A*
47
1,242
Contango
Silver
&
Gold,
Inc.*
10
195
Critical
Metals
Corp.*
23
166
Dakota
Gold
Corp.*
41
249
Elemental
Royalty
Corp.
13
280
Ferroglobe
plc
42
173
Friedman
Industries,
Inc.
2
86
Hycroft
Mining
Holding
Corp.,
Class
a
A*
19
445
Idaho
Strategic
Resources,
Inc.*
5
163
Ivanhoe
Electric,
Inc.*
42
464
Kaiser
Aluminum
Corp.
5
794
Lifezone
Metals
Ltd.*
14
65
Materion
Corp.
7
1,653
McEwen,
Inc.*
18
363
Metallus,
Inc.*
15
293
NioCorp
Developments
Ltd.*
49
205
Novagold
Resources,
Inc.*
116
998
Perpetua
Resources
Corp.*
29
723
Ramaco
Resources,
Inc.,
Class
a
A*
15
214
REalloys,
Inc.(a)
19
197
Ryerson
Holding
Corp.
15
376
SSR
Mining,
Inc.
72
2,708
SunCoke
Energy,
Inc.
29
300
Tredegar
Corp.*
10
77
U.S.
Gold
Corp.*
6
95
United
States
Antimony
Corp.
(a)
46
224
USA
Rare
Earth,
Inc.*
64
1,140
Vista
Gold
Corp.*
50
109
Vox
Royalty
Corp.
21
115
Warrior
Met
Coal,
Inc.
17
1,840
Worthington
Steel,
Inc.
11
379
21,202
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.6%
Adamas
Trust,
Inc.
29
282
Angel
Oak
Mortgage
REIT,
Inc.
(a)
6
50
Arbor
Realty
Trust,
Inc.(a)
64
321
Ares
Commercial
Real
Estate
Corp.
18
82
ARMOUR
Residential
REIT,
Inc.(a)
42
681
Blackstone
Mortgage
Trust,
Inc.,
Class
a
A
54
751
BrightSpire
Capital,
Inc.,
Class
a
A
43
204
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
105
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Chicago
Atlantic
Real
Estate
Finance,
Inc.
7
$
76
Chimera
Investment
Corp.
28
321
Claros
Mortgage
Trust,
Inc.*
32
51
Dynex
Capital,
Inc.
74
954
Ellington
Financial,
Inc.
41
549
Franklin
BSP
Realty
Trust,
Inc.
26
218
Invesco
Mortgage
Capital,
Inc.
(a)
30
219
KKR
Real
Estate
Finance
Trust,
Inc.
18
137
Ladder
Capital
Corp.,
Class
a
A
40
392
MFA
Financial,
Inc.
34
300
Nexpoint
Real
Estate
Finance,
Inc.
3
52
Orchid
Island
Capital,
Inc.(a)
68
448
PennyMac
Mortgage
Investment
Trust
30
280
Ready
Capital
Corp.
50
88
Redwood
Trust,
Inc.
44
203
Seven
Hills
Realty
Trust
8
61
TPG
Mortgage
Investment
Trust,
Inc.
11
74
TPG
RE
Finance
Trust,
Inc.
24
185
6,979
Multi-Utilities
—
0.4%
Avista
Corp.
27
1,004
Black
Hills
Corp.
25
1,792
Northwestern
Energy
Group,
Inc.
20
1,383
Unitil
Corp.
6
321
4,500
Office
REITs
—
0.5%
Brandywine
Realty
Trust,
REIT
59
178
COPT
Defense
Properties,
REIT
39
1,404
Douglas
Emmett,
Inc.,
REIT
56
647
Easterly
Government
Properties,
Inc.,
Class
a
A,
REIT
14
343
Empire
State
Realty
Trust,
Inc.,
Class
a
A,
REIT
49
222
Highwoods
Properties,
Inc.,
REIT
38
1,163
Hudson
Pacific
Properties,
Inc.,
REIT*
18
226
JBG
SMITH
Properties,
REIT
20
241
NET
Lease
Office
Properties,
REIT
6
69
Orion
Properties,
Inc.,
REIT
18
51
Piedmont
Realty
Trust,
Inc.,
Class
a
A,
REIT*
44
421
Postal
Realty
Trust,
Inc.,
Class
a
A,
REIT
9
211
SL
Green
Realty
Corp.,
REIT
23
1,288
6,464
Oil,
Gas
&
Consumable
Fuels
—
3.7%
Aemetis,
Inc.(a)
22
41
American
Resources
Corp.
30
71
Amplify
Energy
Corp.*
13
64
Investments
Shares
Value
Common
Stocks
(continued)
Ardmore
Shipping
Corp.
13
$
226
BKV
Corp.*
10
242
California
Resources
Corp.
24
1,273
Calumet,
Inc.*
22
1,094
Centrus
Energy
Corp.,
Class
a
A*
6
1,028
Clean
Energy
Fuels
Corp.*
57
91
CNX
Resources
Corp.*
46
1,674
Comstock
Resources,
Inc.*
24
346
Comstock,
Inc.*
25
83
Core
Natural
Resources,
Inc.
16
1,637
Crescent
Energy
Co.,
Class
a
A
87
1,191
CVR
Energy,
Inc.
10
419
Delek
US
Holdings,
Inc.
20
1,487
DHT
Holdings,
Inc.
49
960
Diversified
Energy
Co.
24
357
Dorian
LPG
Ltd.
12
601
Encore
Energy
Corp.*
65
81
Energy
Fuels,
Inc.*
88
1,298
Epsilon
Energy
Ltd.
8
50
Evolution
Petroleum
Corp.
11
41
Excelerate
Energy,
Inc.,
Class
a
A
8
317
FLEX
LNG
Ltd.
10
317
FutureFuel
Corp.
9
47
Gevo,
Inc.*
79
131
Golar
LNG
Ltd.
32
1,648
Granite
Ridge
Resources,
Inc.
19
96
Green
Plains,
Inc.*
23
332
Gulfport
Energy
Corp.*
5
897
HighPeak
Energy,
Inc.
8
66
Infinity
Natural
Resources,
Inc.,
Class
a
A*
6
93
International
Seaways,
Inc.
14
1,381
Kinetik
Holdings,
Inc.,
Class
a
A
17
932
Kolibri
Global
Energy,
Inc.*
10
60
Kosmos
Energy
Ltd.*
197
563
Lightbridge
Corp.(a)
12
90
Magnolia
Oil
&
Gas
Corp.,
Class
a
A
76
2,041
Murphy
Oil
Corp.
46
1,675
NACCO
Industries,
Inc.,
Class
a
A
1
43
Navigator
Holdings
Ltd.
13
287
New
Era
Energy
&
Digital,
Inc.*
27
128
NextDecade
Corp.*
58
437
Nordic
American
Tankers
Ltd.
68
464
Northern
Oil
&
Gas,
Inc.
36
936
OPAL
Fuels,
Inc.,
Class
a
A*
8
16
Par
Pacific
Holdings,
Inc.*
16
1,279
PBF
Energy,
Inc.,
Class
a
A
32
2,336
Peabody
Energy
Corp.
43
1,277
REX
American
Resources
Corp.*
9
370
Riley
Exploration
Permian,
Inc.
5
195
Ring
Energy,
Inc.*
64
94
Sable
Offshore
Corp.*
46
222
SandRidge
Energy,
Inc.
11
155
Scorpio
Tankers,
Inc.
15
1,183
SFL
Corp.
Ltd.
42
523
SM
Energy
Co.
80
2,974
Summit
Midstream
Corp.*
3
105
RUSSELL
2000
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
106
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Talos
Energy,
Inc.*
42
$
725
Teekay
Corp.
Ltd.
19
250
Teekay
Tankers
Ltd.,
Class
a
A
8
717
Uranium
Energy
Corp.*
165
2,020
Ur-Energy,
Inc.*
127
180
VAALCO
Energy,
Inc.
35
208
Vitesse
Energy,
Inc.(a)
11
192
W&T
Offshore,
Inc.
33
122
World
Kinect
Corp.
16
572
43,051
Paper
&
Forest
Products
—
0.1%
Clearwater
Paper
Corp.*
5
105
Magnera
Corp.*
12
151
Sylvamo
Corp.
11
395
651
Passenger
Airlines
—
0.4%
Allegiant
Travel
Co.*
8
608
flyExclusive,
Inc.*
8
9
Frontier
Group
Holdings,
Inc.*
20
114
JetBlue
Airways
Corp.*
114
525
Joby
Aviation,
Inc.*
223
1,525
Republic
Airways
Holdings,
Inc.*
8
139
SkyWest,
Inc.*
13
1,231
4,151
Personal
Care
Products
—
0.3%
BellRing
Brands,
Inc.*
41
441
Coty,
Inc.,
Class
a
A*
122
348
Edgewell
Personal
Care
Co.
15
431
Herbalife
Ltd.*
34
374
Honest
Co.,
Inc.
(The)*
32
183
Interparfums,
Inc.
6
704
Nature's
Sunshine
Products,
Inc.*
6
85
Niagen
Bioscience,
Inc.*
20
62
Nu
Skin
Enterprises,
Inc.,
Class
a
A
17
80
Oddity
Tech
Ltd.,
Class
a
A*
14
202
USANA
Health
Sciences,
Inc.*
5
71
2,981
Pharmaceuticals
—
2.7%
Aclaris
Therapeutics,
Inc.*
41
248
Alto
Neuroscience,
Inc.*
8
283
Alumis,
Inc.*
28
611
Amneal
Pharmaceuticals,
Inc.*
56
978
Amphastar
Pharmaceuticals,
Inc.*
10
225
Amylyx
Pharmaceuticals,
Inc.*
33
1,114
AN2
Therapeutics,
Inc.*
10
55
ANI
Pharmaceuticals,
Inc.*
7
513
Aquestive
Therapeutics,
Inc.*
36
184
Arvinas,
Inc.*
20
184
AtaiBeckley,
Inc.*
105
771
Atea
Pharmaceuticals,
Inc.*
24
128
Avalyn
Pharma,
Inc.(a)
6
208
BioAge
Labs,
Inc.*
12
114
Investments
Shares
Value
Common
Stocks
(continued)
Collegium
Pharmaceutical,
Inc.*
11
$
271
Context
Therapeutics,
Inc.*
32
12
Contineum
Therapeutics,
Inc.,
Class
a
A*
10
162
CorMedix,
Inc.*
25
207
Crinetics
Pharmaceuticals,
Inc.*
33
2,803
Definium
Therapeutics,
Inc.*
44
1,748
Edgewise
Therapeutics,
Inc.*
23
961
Enliven
Therapeutics,
Inc.*
14
810
Eton
Pharmaceuticals,
Inc.*
9
544
Evolus,
Inc.*
20
182
EyePoint,
Inc.*
26
117
Fulcrum
Therapeutics,
Inc.*
20
78
Harmony
Biosciences
Holdings,
Inc.*
15
591
Harrow,
Inc.*
10
369
Indivior
Pharmaceuticals,
Inc.*
41
1,432
Innoviva,
Inc.*
27
561
LB
Pharmaceuticals,
Inc.*
7
331
LENZ
Therapeutics,
Inc.(a)
8
42
Lexicon
Pharmaceuticals,
Inc.*
82
184
Ligand
Pharmaceuticals,
Inc.*
6
1,705
Liquidia
Corp.*
23
1,568
Maze
Therapeutics,
Inc.*
11
292
MBX
Biosciences,
Inc.*
10
616
MediWound
Ltd.*
4
50
Nektar
Therapeutics*
11
785
Neumora
Therapeutics,
Inc.*
34
45
Nuvation
Bio,
Inc.*
83
553
Ocular
Therapeutix,
Inc.*
68
713
Omeros
Corp.*
24
451
Oramed
Pharmaceuticals,
Inc.
12
60
Pacira
BioSciences,
Inc.*
13
337
Perrigo
Co.
plc
47
688
Phathom
Pharmaceuticals,
Inc.
(a)
17
163
Phibro
Animal
Health
Corp.,
Class
a
A
7
264
Prestige
Consumer
Healthcare,
Inc.*
15
777
Rapport
Therapeutics,
Inc.*
10
487
Relmada
Therapeutics,
Inc.*
31
135
Septerna,
Inc.*
7
267
SIGA
Technologies,
Inc.
15
47
SpyGlass
Pharma,
Inc.(a)
4
104
Supernus
Pharmaceuticals,
Inc.*
18
796
Tarsus
Pharmaceuticals,
Inc.*
14
1,039
Theravance
Biopharma,
Inc.*
14
239
Third
Harmonic
Bio,
Inc.*‡
59
—
Trevi
Therapeutics,
Inc.*
36
598
VeraDermics,
Inc.*
7
689
Wave
Life
Sciences,
Inc.*
46
225
Xeris
Biopharma
Holdings,
Inc.*
59
498
Zevra
Therapeutics,
Inc.*
20
235
31,447
Professional
Services
—
1.2%
Asure
Software,
Inc.*
9
82
Barrett
Business
Services,
Inc.
8
275
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
107
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
BlackSky
Technology,
Inc.*
11
$
254
CBIZ,
Inc.*
16
872
Clarivate
plc*
118
242
Concentrix
Corp.
14
421
Conduent,
Inc.*
49
84
CRA
International,
Inc.
2
349
Exponent,
Inc.
16
1,136
Falcon's
Beyond
Global,
Inc.,
Class
a
A(a)
10
89
First
Advantage
Corp.*
28
589
Franklin
Covey
Co.*
3
61
HireQuest,
Inc.
4
64
Huron
Consulting
Group,
Inc.*
5
799
IBEX
Holdings
Ltd.*
3
115
ICF
International,
Inc.
6
535
Innodata,
Inc.(a)
10
564
Insperity,
Inc.
12
640
Kelly
Services,
Inc.,
Class
a
A
11
189
Kforce,
Inc.
5
288
Korn
Ferry
17
1,454
Legalzoom.com,
Inc.*
42
262
ManpowerGroup,
Inc.
15
944
Maximus,
Inc.
18
1,040
Mistras
Group,
Inc.*
7
131
RCM
Technologies,
Inc.*
1
42
Resolute
Holdings
Management,
Inc.*
1
136
Spire
Global,
Inc.*
11
146
TIC
Solutions,
Inc.*
61
579
TriNet
Group,
Inc.
9
633
TrueBlue,
Inc.*
10
105
Upwork,
Inc.*
42
379
Verra
Mobility
Corp.,
Class
a
A*
53
235
Willdan
Group,
Inc.*
5
440
14,174
Real
Estate
Management
&
Development
—
0.6%
AGNT,
Inc.
32
132
Compass,
Inc.,
Class
a
A*
237
2,503
Cushman
&
Wakefield
Ltd.*
80
1,079
Douglas
Elliman,
Inc.*
25
46
Forestar
Group,
Inc.*
6
170
FRP
Holdings,
Inc.*
4
88
Marcus
&
Millichap,
Inc.
7
222
Newmark
Group,
Inc.,
Class
a
A
52
792
Opendoor
Technologies,
Inc.*
309
989
Real
REMAX
Group,
Inc.*
8
152
RMR
Group,
Inc.
(The),
Class
a
A
5
97
Seaport
Entertainment
Group,
Inc.*
2
52
St
Joe
Co.
(The)
13
859
Tejon
Ranch
Co.*
8
129
7,310
Residential
REITs
—
0.2%
BRT
Apartments
Corp.,
REIT
4
57
Centerspace,
REIT
6
315
Independence
Realty
Trust,
Inc.,
REIT
80
1,294
Investments
Shares
Value
Common
Stocks
(continued)
NexPoint
Residential
Trust,
Inc.,
REIT
7
$
166
UMH
Properties,
Inc.,
REIT
28
461
2,293
Retail
REITs
—
1.1%
Acadia
Realty
Trust,
REIT
45
921
Alexander's,
Inc.,
REIT
1
272
CBL
&
Associates
Properties,
Inc.,
REIT
6
328
Curbline
Properties
Corp.,
REIT
34
1,014
FrontView
REIT,
Inc.
9
174
Getty
Realty
Corp.,
REIT
19
616
InvenTrust
Properties
Corp.,
REIT
26
840
Kite
Realty
Group
Trust,
REIT
68
1,754
Macerich
Co.
(The),
REIT
95
2,244
NETSTREIT
Corp.,
REIT(a)
33
672
Phillips
Edison
&
Co.,
Inc.,
REIT
44
1,701
Saul
Centers,
Inc.,
REIT
4
130
SITE
Centers
Corp.,
REIT
17
50
Tanger,
Inc.,
REIT
39
1,471
Urban
Edge
Properties,
REIT
43
910
13,097
Semiconductors
&
Semiconductor
Equipment
—
2.2%
ACM
Research,
Inc.,
Class
a
A*
17
1,238
Aehr
Test
Systems*
10
793
Aeluma,
Inc.*
7
92
Alpha
&
Omega
Semiconductor
Ltd.*
8
197
Ambarella,
Inc.*
14
971
Ambiq
Micro,
Inc.*
6
350
Amtech
Systems,
Inc.*
5
73
Atomera,
Inc.*
13
54
Axcelis
Technologies,
Inc.*
10
1,153
AXT,
Inc.*
20
1,212
Blaize
Holdings,
Inc.(a)
32
16
Canadian
Solar,
Inc.(a)
17
210
CEVA,
Inc.*
9
243
Cohu,
Inc.*
15
692
Diodes,
Inc.*
15
1,362
Everspin
Technologies,
Inc.*
9
146
GSI
Technology,
Inc.*
11
61
Ichor
Holdings
Ltd.*
11
589
Impinj,
Inc.*
9
1,569
indie
Semiconductor,
Inc.,
Class
a
A*
71
264
inTEST
Corp.*
5
54
Kopin
Corp.*
60
266
Kulicke
&
Soffa
Industries,
Inc.
17
1,361
MaxLinear,
Inc.,
Class
a
A*
28
1,678
Navitas
Semiconductor
Corp.,
Class
a
A*
63
730
NVE
Corp.
2
200
PDF
Solutions,
Inc.*
11
489
Penguin
Solutions,
Inc.*
16
785
Photronics,
Inc.*
19
535
Power
Integrations,
Inc.
18
925
QuickLogic
Corp.*
6
64
RUSSELL
2000
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
108
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Rigetti
Computing,
Inc.(a)
112
$
1,754
Silicon
Laboratories,
Inc.*
11
2,410
Synaptics,
Inc.*
13
1,257
T1
Energy,
Inc.*
61
271
Toyo
Co.
Ltd.*
4
17
Ultra
Clean
Holdings,
Inc.*
15
1,017
Veeco
Instruments,
Inc.*
19
842
Wolfspeed,
Inc.*
9
247
26,187
Software
—
5.4%
8x8,
Inc.*
47
88
A10
Networks,
Inc.
25
635
ACI
Worldwide,
Inc.*
33
1,758
Adeia,
Inc.
38
959
Agilysys,
Inc.*
8
931
Alarm.com
Holdings,
Inc.*
15
863
Alkami
Technology,
Inc.*
25
510
Amplitude,
Inc.,
Class
a
A*
32
451
Appian
Corp.,
Class
a
A*
13
558
Arteris,
Inc.*
11
241
Asana,
Inc.,
Class
a
A*
32
328
AvePoint,
Inc.*
58
807
Bit
Digital,
Inc.*
109
156
Bitdeer
Technologies
Group,
Class
a
A*
45
488
Blackbaud,
Inc.*
12
577
BlackLine,
Inc.*
16
531
Blend
Labs,
Inc.,
Class
a
A*
62
96
Box,
Inc.,
Class
a
A*
45
1,610
Braze,
Inc.,
Class
a
A*
32
1,089
C3.ai,
Inc.,
Class
a
A*
46
498
Cerence,
Inc.*
15
127
Cipher
Digital,
Inc.(a)
114
1,767
Cleanspark,
Inc.*
85
988
Clear
Secure,
Inc.,
Class
a
A
31
1,369
Commvault
Systems,
Inc.*
14
1,925
Consensus
Cloud
Solutions,
Inc.*
6
229
Core
Scientific,
Inc.*
105
1,711
CS
Disco,
Inc.*
10
44
Digimarc
Corp.*
5
30
Digital
Turbine,
Inc.*
37
398
Domo,
Inc.,
Class
a
B*
13
49
Duos
Technologies
Group,
Inc.*
10
93
D-Wave
Quantum,
Inc.(a)
123
2,116
eGain
Corp.*
6
45
EverCommerce,
Inc.(a)
6
53
Five9,
Inc.*
25
864
Freshworks,
Inc.,
Class
a
A*
71
988
Hut
8
Corp.*
33
2,595
I3
Verticals,
Inc.,
Class
a
A*
8
128
Intapp,
Inc.*
18
781
Intellicheck,
Inc.*
7
19
InterDigital,
Inc.
8
2,680
JFrog
Ltd.*
36
3,603
Kaltura,
Inc.*
30
47
Keel
Infrastructure
Corp.*
195
614
Life360,
Inc.*
6
257
LiveRamp
Holdings,
Inc.*
20
754
Investments
Shares
Value
Common
Stocks
(continued)
MARA
Holdings,
Inc.(a)
129
$
1,389
Mitek
Systems,
Inc.*
18
332
N-able,
Inc.*
24
96
nCino,
Inc.*
37
836
NCR
Voyix
Corp.*
49
411
NextNav,
Inc.*
34
540
OneSpan,
Inc.
13
215
Ooma,
Inc.*
9
204
PagerDuty,
Inc.*
27
382
PAR
Technology
Corp.*
17
320
Progress
Software
Corp.*
14
648
Q2
Holdings,
Inc.*
20
1,301
Qualys,
Inc.*
12
2,234
Rapid7,
Inc.*
23
310
Red
Violet,
Inc.*
4
293
ReposiTrak,
Inc.
5
40
Rimini
Street,
Inc.*
17
95
Riot
Platforms,
Inc.*
118
2,241
Roadzen,
Inc.*
16
23
ServiceTitan,
Inc.,
Class
a
A*
20
1,961
Silvaco
Group,
Inc.*
5
35
Soluna
Holdings,
Inc.*
35
38
SoundHound
AI,
Inc.,
Class
a
A(a)
133
952
Sprinklr,
Inc.,
Class
a
A*
38
312
Sprout
Social,
Inc.,
Class
a
A*
19
216
SPS
Commerce,
Inc.*
12
1,025
Telos
Corp.*
19
92
Tenable
Holdings,
Inc.*
39
1,488
Teradata
Corp.*
32
928
Thryv
Holdings,
Inc.*
12
23
Varonis
Systems,
Inc.,
Class
a
B*
39
1,707
Veritone,
Inc.*
29
23
Vertex,
Inc.,
Class
a
A*
24
340
Via
Transportation,
Inc.,
Class
a
A*
17
475
Viant
Technology,
Inc.,
Class
a
A*
7
90
Weave
Communications,
Inc.*
22
161
Workiva,
Inc.,
Class
a
A*
17
1,360
Xperi,
Inc.*
16
95
Yext,
Inc.*
29
196
ZenaTech,
Inc.*
15
26
Zeta
Global
Holdings
Corp.,
Class
a
A*
74
2,292
63,193
Specialized
REITs
—
0.3%
Farmland
Partners,
Inc.,
REIT
14
144
Four
Corners
Property
Trust,
Inc.,
REIT
39
970
Gladstone
Land
Corp.,
REIT(a)
14
129
Outfront
Media,
Inc.,
REIT
55
1,616
Safehold,
Inc.,
REIT
19
288
Smartstop
Self
Storage
REIT,
Inc.,
REIT
18
584
3,731
Specialty
Retail
—
1.8%
1-800-Flowers.com,
Inc.,
Class
a
A*
8
29
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
109
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Abercrombie
&
Fitch
Co.,
Class
a
A*
14
$
2,003
Academy
Sports
&
Outdoors,
Inc.
21
902
Advance
Auto
Parts,
Inc.
20
844
American
Eagle
Outfitters,
Inc.
52
865
Arhaus,
Inc.,
Class
a
A
18
157
Arko
Corp.
25
114
ARKO
Petroleum
Corp.,
Class
a
A
6
109
Asbury
Automotive
Group,
Inc.*
6
1,268
Barnes
&
Noble
Education,
Inc.
6
73
Bob's
Discount
Furniture,
Inc.*
8
135
Boot
Barn
Holdings,
Inc.*
10
1,506
Buckle,
Inc.
(The)
10
426
Build-A-Bear
Workshop,
Inc.(a)
4
121
Caleres,
Inc.
12
146
Camping
World
Holdings,
Inc.,
Class
a
A
21
136
Citi
Trends,
Inc.*
2
136
Designer
Brands,
Inc.,
Class
a
A
12
66
EVgo,
Inc.,
Class
a
A(a)
46
62
Genesco,
Inc.*
3
100
Group
1
Automotive,
Inc.
4
1,078
Haverty
Furniture
Cos.,
Inc.
4
109
J
Jill,
Inc.(a)
2
39
Lands'
End,
Inc.*
4
47
MarineMax,
Inc.*
6
313
Monro,
Inc.
9
112
National
Vision
Holdings,
Inc.*
27
461
Neighborhood
Intelligence,
Inc.*
25
98
OneWater
Marine,
Inc.,
Class
a
A*
5
60
Outdoor
Holding
Co.*
36
78
Petco
Health
&
Wellness
Co.,
Inc.,
Class
a
A*
31
83
RealReal,
Inc.
(The)*
38
389
Rent
the
Runway,
Inc.,
Class
a
A*
4
14
Revolve
Group,
Inc.,
Class
a
A*
15
333
RH*
5
746
RideNow
Group,
Inc.,
Class
a
B*
6
34
Sally
Beauty
Holdings,
Inc.*
32
524
Shoe
Station
Group,
Inc.
7
96
Signet
Jewelers
Ltd.
13
1,070
Sonic
Automotive,
Inc.,
Class
a
A
4
315
Stitch
Fix,
Inc.,
Class
a
A*
41
130
ThredUp,
Inc.,
Class
a
A*
35
94
Torrid
Holdings,
Inc.*
12
26
Upbound
Group,
Inc.
20
366
Urban
Outfitters,
Inc.*
19
1,533
Victoria's
Secret
&
Co.*
23
1,964
Warby
Parker,
Inc.,
Class
a
A*
35
861
Winmark
Corp.
1
333
Zumiez,
Inc.*
7
125
20,629
Technology
Hardware,
Storage
&
Peripherals
—
0.3%
Corsair
Gaming,
Inc.*
16
194
CPI
Card
Group,
Inc.*
3
87
Diebold
Nixdorf,
Inc.*
7
475
Eastman
Kodak
Co.*
22
197
Investments
Shares
Value
Common
Stocks
(continued)
GPGI,
Inc.(a)
61
$
806
Immersion
Corp.
10
76
Infleqtion,
Inc.(a)
39
510
One
Stop
Systems,
Inc.*
8
83
Quantum
Computing,
Inc.(a)
69
568
Turtle
Beach
Corp.*
6
77
Xerox
Holdings
Corp.(a)
42
136
3,209
Textiles,
Apparel
&
Luxury
Goods
—
0.5%
Capri
Holdings
Ltd.*
40
530
Carter's,
Inc.
12
389
Ermenegildo
Zegna
NV
16
217
Figs,
Inc.,
Class
a
A*
32
491
Fossil
Group,
Inc.*
19
94
G-III
Apparel
Group
Ltd.
12
391
Kontoor
Brands,
Inc.
18
1,357
Movado
Group,
Inc.
5
169
Oxford
Industries,
Inc.
5
191
Playboy,
Inc.*
20
24
Rocky
Brands,
Inc.
2
90
Steven
Madden
Ltd.
24
1,036
Superior
Group
of
Cos.,
Inc.
4
48
Under
Armour,
Inc.,
Class
a
A*
64
323
Under
Armour,
Inc.,
Class
a
C*
62
306
Wolverine
World
Wide,
Inc.
29
572
6,228
Tobacco
—
0.1%
Turning
Point
Brands,
Inc.
6
486
Universal
Corp.
8
364
850
Trading
Companies
&
Distributors
—
1.1%
Alta
Equipment
Group,
Inc.*
7
41
BlueLinx
Holdings,
Inc.*
2
159
Boise
Cascade
Co.
12
936
Custom
Truck
One
Source,
Inc.*
21
193
Distribution
Solutions
Group,
Inc.*
3
104
DNOW,
Inc.*
63
1,010
DXP
Enterprises,
Inc.*
4
751
EVI
Industries,
Inc.
4
56
GATX
Corp.
12
2,099
Global
Industrial
Co.
5
196
Herc
Holdings,
Inc.
11
1,676
Hudson
Technologies,
Inc.*
13
69
Karat
Packaging,
Inc.
3
143
McGrath
RentCorp
8
900
NPK
International,
Inc.*
28
372
Rush
Enterprises,
Inc.,
Class
a
A
20
1,537
Rush
Enterprises,
Inc.,
Class
a
B
3
233
Titan
Machinery,
Inc.*
8
165
Transcat,
Inc.*
3
259
Willis
Lease
Finance
Corp.
4
217
Xometry,
Inc.,
Class
a
A*
15
1,390
12,506
RUSSELL
2000
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
110
RB
::
Investments
Shares
Value
Common
Stocks
(continued)
Transportation
Infrastructure
—
0.0%(c)
Sky
Harbour
Group
Corp.(a)
8
$
84
Water
Utilities
—
0.3%
American
States
Water
Co.
13
1,161
Cadiz,
Inc.*
19
76
California
Water
Service
Group
20
999
Consolidated
Water
Co.
Ltd.
5
149
Global
Water
Resources,
Inc.
6
55
H2O
America(a)
11
697
Middlesex
Water
Co.
6
348
Pure
Cycle
Corp.*
7
78
York
Water
Co.
(The)
5
170
3,733
Wireless
Telecommunication
Services
—
0.1%
Gogo,
Inc.*
27
68
Spok
Holdings,
Inc.
8
84
Telephone
and
Data
Systems,
Inc.
33
1,112
1,264
Total
Common
Stocks
(Cost
$1,008,905)
1,027,062
Securities
Lending
Reinvestments
(d)
—
1
.7
%
Investment
Companies
—
1
.7
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(e)
(Cost
$20,215)
20,215
20,215
Investments
Principal
Amount
Value
Short-Term
Investments
—
6
.4
%
Repurchase
Agreements
(f)
—
6
.4
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$75,343
(Cost
$75,337)
$
75,337
$
75,337
Total
Investments
—
95.7%
(Cost
$1,104,457)
1,122,614
Other
assets
less
liabilities
—
4.3%
50,608
Net
Assets
—
100.0%
$
1,173,222
*
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
$26,062,
collateralized
in
the
form
of
cash
with
a
value
of
$20,215
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$6,777
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
$26,992.
(b)
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.
(c)
Represents
less
than
0.05%
of
net
assets.
(d)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$20,215.
(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
ADR
American
Depositary
Receipt
REIT
Real
Estate
Investment
Trust
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
111
RB
::
Futures
Contracts
Purchased
Russell
2000
Dynamic
Buffer
ETF
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
1
9/18/2026
U.S.
Dollar
$
147,935
$
821
Swap
Agreements
Russell
2000
Dynamic
Buffer
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
1,175,592
11/8/2027
Goldman
Sachs
International
N/A
Russell
2000
®
Daily
Buffer
Index
6,151
1,175,592
6,151
Total
Unrealized
Appreciation
6,151
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
No
financing
fee
is
paid
or
received
on
this
swap.
RUSSELL
2000
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
112
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
—
89
.8
%
Aerospace
&
Defense
—
1.5%
AAR
Corp.*
2,288
$
295,816
AerSale
Corp.*
2,115
11,611
Aevex
Corp.,
Class
a
A(b)
1,037
18,251
AIRO
Group
Holdings,
Inc.*
1,273
9,700
Archer
Aviation,
Inc.,
Class
a
A*
38,572
222,946
Astronics
Corp.*
1,839
135,479
Beta
Technologies,
Inc.,
Class
a
A*
1,938
38,954
Cadre
Holdings,
Inc.
1,802
53,447
Ducommun,
Inc.*
805
137,993
Eve
Holding,
Inc.*
5,694
12,812
Firefly
Aerospace,
Inc.*
4,569
96,497
Innovative
Solutions
and
Support,
Inc.*
848
16,112
Intuitive
Machines,
Inc.*
7,326
112,527
Mercury
Systems,
Inc.*
3,225
281,639
Moog,
Inc.,
Class
a
A
1,640
609,260
National
Presto
Industries,
Inc.
312
47,334
Park
Aerospace
Corp.
1,060
34,492
Red
Cat
Holdings,
Inc.*
6,368
54,701
Redwire
Corp.*
11,208
119,926
Satellogic,
Inc.,
Class
a
A*
5,457
26,576
Sidus
Space,
Inc.,
Class
a
A*
4,716
10,234
Starfighters
Space,
Inc.(b)
1,759
5,840
Swarmer,
Inc.(b)
202
6,694
TAT
Technologies
Ltd.(b)
686
24,922
V2X,
Inc.*
1,680
129,629
Virgin
Galactic
Holdings,
Inc.*
5,531
16,151
Voyager
Technologies,
Inc.,
Class
a
A(b)
2,972
99,948
VSE
Corp.
1,620
338,062
York
Space
Systems,
Inc.*
1,095
9,954
2,977,507
Air
Freight
&
Logistics
—
0.1%
Forward
Air
Corp.*
1,321
22,457
Hub
Group,
Inc.,
Class
a
A
3,458
137,871
Radiant
Logistics,
Inc.*
2,091
17,857
178,185
Automobile
Components
—
1.0%
Adient
plc*
4,540
86,124
Cooper-Standard
Holdings,
Inc.*
986
26,405
Dana,
Inc.
6,342
190,133
Dauch
Corp.*
13,582
85,023
Dorman
Products,
Inc.*
1,547
199,331
Fox
Factory
Holding
Corp.*
2,446
49,972
Garrett
Motion,
Inc.
9,993
269,311
Gentherm,
Inc.*
1,767
69,426
Goodyear
Tire
&
Rubber
Co.
(The)*
16,157
101,304
Holley,
Inc.*
4,472
12,790
LCI
Industries
1,378
138,668
Motorcar
Parts
of
America,
Inc.*
752
8,738
Patrick
Industries,
Inc.
1,858
151,836
Phinia,
Inc.
2,125
145,435
Solid
Power,
Inc.*
11,609
27,049
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Standard
Motor
Products,
Inc.
1,239
$
46,735
Stoneridge,
Inc.*
1,608
11,127
Strattec
Security
Corp.*
236
16,553
Versigent
plc*
4,131
195,809
Visteon
Corp.
1,540
156,803
XPEL,
Inc.*(c)
1,467
72,265
2,060,837
Automobiles
—
0.1%
Harley-Davidson,
Inc.
6,030
166,428
Livewire
Group,
Inc.(b)
708
864
Lucid
Group,
Inc.,
Class
a
A(b)
7,308
35,444
Winnebago
Industries,
Inc.
1,599
48,114
250,850
Banks
—
9.6%
1st
Source
Corp.
1,035
88,627
ACNB
Corp.
585
38,019
Amalgamated
Financial
Corp.
1,052
50,570
Amerant
Bancorp,
Inc.,
Class
a
A
1,973
56,645
Ameris
Bancorp
3,785
318,886
Ames
National
Corp.
514
16,186
Arrow
Financial
Corp.
940
35,476
Associated
Banc-Corp.
8,335
255,134
Atlantic
Union
Bankshares
Corp.
8,273
333,650
Avidbank
Holdings,
Inc.*
531
16,695
Avidia
Bancorp,
Inc.
1,050
23,258
Axos
Financial,
Inc.*
3,175
307,308
Banc
of
California,
Inc.
8,829
164,396
BancFirst
Corp.
1,241
135,542
Bancorp,
Inc.
(The)*
2,299
149,435
Bank
First
Corp.
594
89,492
Bank
of
Hawaii
Corp.
2,282
173,272
Bank
of
Marin
Bancorp
856
22,752
Bank
of
NT
Butterfield
&
Son
Ltd.
(The)
2,315
136,307
Bank7
Corp.
249
12,789
BankUnited,
Inc.
4,274
194,894
Bankwell
Financial
Group,
Inc.
346
22,746
Banner
Corp.
1,940
136,072
Bar
Harbor
Bankshares
951
37,308
BayCom
Corp.
592
17,659
BCB
Bancorp,
Inc.
928
7,934
Beacon
Financial
Corp.
4,874
151,338
Blue
Ridge
Bankshares,
Inc.
3,765
14,684
Bridgewater
Bancshares,
Inc.*
1,234
26,000
Burke
&
Herbert
Financial
Services
Corp.
883
62,967
Business
First
Bancshares,
Inc.
1,818
56,394
BV
Financial,
Inc.*
387
8,220
Byline
Bancorp,
Inc.
1,775
67,308
C&F
Financial
Corp.
172
15,654
California
BanCorp
1,500
31,920
Camden
National
Corp.
971
54,842
Capital
Bancorp,
Inc.
639
23,093
Capital
City
Bank
Group,
Inc.
803
40,535
Capitol
Federal
Financial,
Inc.
7,016
60,408
Carter
Bankshares,
Inc.
1,272
39,737
Cathay
General
Bancorp
3,760
230,150
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
113
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
CB
Financial
Services,
Inc.
267
$
9,978
Central
Pacific
Financial
Corp.
1,495
55,644
CF
Bankshares,
Inc.
294
10,161
Chain
Bridge
Bancorp,
Inc.,
Class
a
A*
150
6,876
Chemung
Financial
Corp.
230
18,646
ChoiceOne
Financial
Services,
Inc.
821
27,265
Citizens
&
Northern
Corp.
1,002
25,391
Citizens
Community
Bancorp,
Inc.
527
10,977
Citizens
Financial
Services,
Inc.
264
21,210
City
Holding
Co.
808
115,504
Civista
Bancshares,
Inc.
1,194
32,214
CNB
Financial
Corp.
1,693
57,257
Coastal
Financial
Corp.*
758
35,709
CoastalSouth
Bancshares,
Inc.
471
12,910
Colony
Bankcorp,
Inc.
1,195
25,274
Columbia
Financial,
Inc.
15,337
178,216
Commercial
Bancgroup,
Inc.
495
16,721
Community
Bancorp
292
11,820
Community
Financial
System,
Inc.
3,066
192,392
Community
Trust
Bancorp,
Inc.
930
70,801
Community
West
Bancshares
1,407
36,484
ConnectOne
Bancorp,
Inc.
2,800
88,032
Customers
Bancorp,
Inc.*
1,787
139,708
CVB
Financial
Corp.
9,804
217,355
Dime
Commercial
Bancshares,
Inc.
2,351
94,980
Eagle
Bancorp
Montana,
Inc.
430
9,611
Eagle
Bancorp,
Inc.
1,642
44,810
Eagle
Financial
Services,
Inc.
271
11,195
Eastern
Bankshares,
Inc.
12,609
276,894
ECB
Bancorp,
Inc.*
423
8,756
Enterprise
Financial
Services
Corp.
2,112
133,542
Equity
Bancshares,
Inc.,
Class
a
A
1,002
49,459
Esquire
Financial
Holdings,
Inc.
417
46,587
Farmers
&
Merchants
Bancorp,
Inc.
776
26,345
Farmers
National
Banc
Corp.
3,400
53,074
FB
Bancorp,
Inc.*
916
14,363
FB
Financial
Corp.
2,545
144,963
Fidelity
D&D
Bancorp,
Inc.
270
14,464
Financial
Institutions,
Inc.
1,126
45,626
Finwise
Bancorp*
555
7,717
First
Bancorp
2,343
148,617
First
Bancorp
8,948
249,470
First
Bancorp,
Inc.
(The)
627
21,481
First
Bank
1,271
22,624
First
Busey
Corp.
4,697
141,380
First
Business
Financial
Services,
Inc.
462
32,280
First
Capital,
Inc.
188
11,680
First
Commonwealth
Financial
Corp.
5,892
121,964
First
Community
Bankshares,
Inc.
947
45,920
First
Community
Corp.
507
16,782
Investments
Shares
Value
Common
Stocks
(a)
(continued)
First
Financial
Bancorp
6,100
$
199,043
First
Financial
Bankshares,
Inc.
7,668
254,808
First
Financial
Corp.
665
52,056
First
Guaranty
Bancshares,
Inc.(b)
347
2,946
First
Internet
Bancorp
438
11,975
First
Interstate
BancSystem,
Inc.,
Class
a
A
5,254
193,400
First
Merchants
Corp.
3,645
151,158
First
Mid
Bancshares,
Inc.
1,410
70,162
First
National
Corp.
455
13,900
First
Northern
Community
Bancorp*
860
14,336
First
United
Corp.
347
14,886
First
Western
Financial,
Inc.*
498
15,423
Firstsun
Capital
Bancorp*
1,426
57,054
Five
Star
Bancorp
899
41,192
Flagstar
Bank
NA
17,778
236,625
Franklin
Financial
Services
Corp.
244
15,116
FS
Bancorp,
Inc.
371
15,693
Fulton
Financial
Corp.
11,214
263,080
FVCBankcorp,
Inc.
874
15,959
GBank
Financial
Holdings,
Inc.*
547
10,705
German
American
Bancorp,
Inc.
2,139
105,495
Glacier
Bancorp,
Inc.
7,595
351,724
Great
Southern
Bancorp,
Inc.
460
36,004
Greene
County
Bancorp,
Inc.
405
13,928
Hancock
Whitney
Corp.
4,746
353,530
Hanmi
Financial
Corp.
1,711
53,041
Hanover
Bancorp,
Inc.
252
6,733
Hawthorn
Bancshares,
Inc.
333
12,957
HBT
Financial,
Inc.
931
33,032
Heritage
Financial
Corp.
2,380
67,997
Hilltop
Holdings,
Inc.
2,310
87,896
Hingham
Institution
For
Savings
(The)
95
27,386
Home
Bancorp,
Inc.
402
27,533
Home
BancShares,
Inc.
10,815
318,610
HomeTrust
Bancshares,
Inc.
886
41,146
Hope
Bancorp,
Inc.
7,161
98,750
Horizon
Bancorp,
Inc.
2,936
57,017
Independent
Bank
Corp.
1,147
41,854
Independent
Bank
Corp.
2,807
227,872
International
Bancshares
Corp.
3,178
222,968
Investar
Holding
Corp.
731
22,025
Isabella
Bank
Corp.
395
15,105
John
Marshall
Bancorp,
Inc.
721
16,468
Kearny
Financial
Corp.
3,365
33,213
Lakeland
Financial
Corp.
1,421
83,967
Landmark
Bancorp,
Inc.
300
9,534
LCNB
Corp.
790
15,271
Live
Oak
Bancshares,
Inc.
2,087
82,207
MainStreet
Bancshares,
Inc.
361
9,003
Mechanics
Bancorp
2,300
36,202
Mercantile
Bank
Corp.
984
58,804
Meridian
Corp.
558
10,753
Metrocity
Bankshares,
Inc.
1,335
46,485
Metropolitan
Bank
Holding
Corp.
637
57,827
RUSSELL
2000
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
114
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Mid
Penn
Bancorp,
Inc.
1,238
$
45,076
Midland
States
Bancorp,
Inc.
1,117
36,626
MVB
Financial
Corp.
679
20,553
National
Bank
Holdings
Corp.,
Class
a
A
2,502
103,308
National
Bankshares,
Inc.
361
14,873
NB
Bancorp,
Inc.
2,331
52,051
NBT
Bancorp,
Inc.
2,967
152,563
Nicolet
Bankshares,
Inc.
1,143
193,556
Northeast
Bank
434
54,749
Northeast
Community
Bancorp,
Inc.
710
18,709
Northpointe
Bancshares,
Inc.
1,188
20,184
Northrim
Bancorp,
Inc.
1,268
32,423
Northwest
Bancshares,
Inc.
8,519
130,256
Norwood
Financial
Corp.
589
20,120
Oak
Valley
Bancorp
412
13,839
OceanFirst
Financial
Corp.
4,842
91,223
OFG
Bancorp
2,465
128,303
Ohio
Valley
Banc
Corp.
218
9,969
Old
National
Bancorp
20,003
511,677
Old
Second
Bancorp,
Inc.
2,908
72,933
OP
Bancorp
698
10,477
Orange
County
Bancorp,
Inc.
723
27,438
Origin
Bancorp,
Inc.
1,725
91,649
Orrstown
Financial
Services,
Inc.
1,096
45,703
Park
National
Corp.
971
189,627
Parke
Bancorp,
Inc.
584
19,710
Pathward
Financial,
Inc.
1,235
100,603
PCB
Bancorp
617
16,863
Peapack-Gladstone
Financial
Corp.
924
41,247
Peoples
Bancorp
of
North
Carolina,
Inc.
259
11,318
Peoples
Bancorp,
Inc.
2,039
80,275
Peoples
Financial
Services
Corp.
541
37,150
Pioneer
Bancorp,
Inc.*
608
10,616
Plumas
Bancorp
376
23,022
Ponce
Financial
Group,
Inc.*
1,157
23,464
Preferred
Bank
655
67,092
Primis
Financial
Corp.
1,265
20,114
Princeton
Bancorp,
Inc.
293
12,370
Provident
Financial
Services,
Inc.
7,436
174,002
QCR
Holdings,
Inc.
954
94,894
RBB
Bancorp
937
24,315
Red
River
Bancshares,
Inc.
296
29,612
Renasant
Corp.
5,420
221,732
Republic
Bancorp,
Inc.,
Class
a
A
491
45,913
Rhinebeck
Bancorp,
Inc.
376
4,736
Richmond
Mutual
Bancorp,
Inc.
490
7,737
S&T
Bancorp,
Inc.
2,119
104,848
Seacoast
Banking
Corp.
of
Florida
5,644
191,642
ServisFirst
Bancshares,
Inc.
6,006
258,498
Shore
Bancshares,
Inc.
1,796
41,236
Sierra
Bancorp
687
27,219
Simmons
First
National
Corp.,
Class
a
A
8,413
189,966
Investments
Shares
Value
Common
Stocks
(a)
(continued)
SmartFinancial,
Inc.
892
$
45,091
South
Plains
Financial,
Inc.
898
39,153
Southern
First
Bancshares,
Inc.*
526
32,270
Southern
Missouri
Bancorp,
Inc.
555
40,842
Southside
Bancshares,
Inc.
1,667
52,611
SR
Bancorp,
Inc.
401
7,816
Stock
Yards
Bancorp,
Inc.
1,526
120,874
Texas
Capital
Bancshares,
Inc.
2,508
243,727
Third
Coast
Bancshares,
Inc.*
890
39,694
Timberland
Bancorp,
Inc.
427
19,467
Tompkins
Financial
Corp.
789
76,628
Towne
Bank
5,066
187,645
TriCo
Bancshares
1,715
91,547
Triumph
Financial,
Inc.*
1,322
94,193
TrustCo
Bank
Corp.
993
56,323
Trustmark
Corp.
3,223
148,000
UMB
Financial
Corp.
4,227
598,670
United
Bankshares,
Inc.
8,019
377,935
United
Community
Banks,
Inc.
7,005
244,054
Unity
Bancorp,
Inc.
424
24,605
Univest
Financial
Corp.
1,611
66,889
USCB
Financial
Holdings,
Inc.
697
15,501
Valley
National
Bancorp
28,002
381,947
Virginia
National
Bankshares
Corp.
274
12,686
WaFd,
Inc.
4,265
152,516
Washington
Trust
Bancorp,
Inc.
1,100
43,043
WesBanco,
Inc.
5,527
221,135
West
Bancorp,
Inc.
887
25,058
Westamerica
Bancorp
1,369
79,470
Western
New
England
Bancorp,
Inc.
1,045
14,358
WSFS
Financial
Corp.
3,037
235,216
19,024,328
Beverages
—
0.1%
Boston
Beer
Co.,
Inc.
(The),
Class
a
A*
442
78,592
MGP
Ingredients,
Inc.
850
14,119
National
Beverage
Corp.
1,396
44,155
Vita
Coco
Co.,
Inc.
(The)*
2,810
164,989
301,855
Biotechnology
—
9.5%
4D
Molecular
Therapeutics,
Inc.*
2,623
37,010
Abeona
Therapeutics,
Inc.*
2,501
14,631
Absci
Corp.*
7,918
71,579
ACADIA
Pharmaceuticals,
Inc.*
7,375
213,211
Achieve
Life
Sciences,
Inc.(b)
4,455
35,373
Acumen
Pharmaceuticals,
Inc.*
2,705
7,709
ADC
Therapeutics
SA*
6,139
7,183
ADMA
Biologics,
Inc.*
13,199
123,939
Agenus,
Inc.(b)
2,280
17,351
Agios
Pharmaceuticals,
Inc.*
3,384
113,973
Akebia
Therapeutics,
Inc.*
14,785
13,584
Aktis
Oncology,
Inc.*
1,213
31,429
Alector,
Inc.*
5,616
12,692
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
115
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Alkermes
plc*
9,598
$
451,010
Allogene
Therapeutics,
Inc.*
15,186
30,372
Altimmune,
Inc.*
11,373
35,370
ALX
Oncology
Holdings,
Inc.*
6,174
11,916
AnaptysBio,
Inc.*
1,129
64,387
Anavex
Life
Sciences
Corp.(b)
5,276
14,773
Anika
Therapeutics,
Inc.*
656
13,691
Annexon,
Inc.*
8,889
43,912
Apogee
Therapeutics,
Inc.*
2,580
348,506
Arbutus
Biopharma
Corp.*
9,204
46,756
Arcturus
Therapeutics
Holdings,
Inc.*
1,534
22,642
Arcus
Biosciences,
Inc.*
5,118
149,855
Arcutis
Biotherapeutics,
Inc.*
6,545
156,884
Ardelyx,
Inc.*
13,988
52,875
Armata
Pharmaceuticals,
Inc.*
681
3,752
ArriVent
Biopharma,
Inc.*
2,168
65,148
ARS
Pharmaceuticals,
Inc.(b)
3,526
21,156
Artiva
Biotherapeutics,
Inc.(b)
266
3,006
Assembly
Biosciences,
Inc.(b)
565
19,001
Atrium
Therapeutics,
Inc.*
822
10,949
Aura
Biosciences,
Inc.*
2,570
18,453
Aurinia
Pharmaceuticals,
Inc.*
6,827
109,983
Avalo
Therapeutics,
Inc.*
2,392
46,261
Beam
Therapeutics,
Inc.*
5,674
166,986
Benitec
Biopharma,
Inc.*
1,222
14,872
Bicara
Therapeutics,
Inc.*
2,529
58,470
BioCryst
Pharmaceuticals,
Inc.*
13,322
129,223
Biohaven
Ltd.*
7,640
116,663
Black
Diamond
Therapeutics,
Inc.*
2,703
5,676
Bright
Minds
Biosciences,
Inc.*
422
30,270
C4
Therapeutics,
Inc.*
5,801
21,522
Cabaletta
Bio,
Inc.*
6,445
20,044
CAMP4
Therapeutics
Corp.*
1,813
7,179
Candel
Therapeutics,
Inc.*
3,628
47,418
Canton
Strategic
Holdings,
Inc.*
2,540
5,791
Capricor
Therapeutics,
Inc.(b)
3,078
30,503
CareDx,
Inc.*
2,935
147,073
Caribou
Biosciences,
Inc.*
5,256
8,094
Cartesian
Therapeutics,
Inc.*
754
6,997
Celcuity,
Inc.*
2,201
196,021
Celldex
Therapeutics,
Inc.*
4,470
177,146
Century
Therapeutics,
Inc.(b)
7,053
14,459
CG
oncology,
Inc.*
4,222
317,325
Climb
Bio,
Inc.*
2,016
27,680
Cogent
Biosciences,
Inc.*
9,541
333,935
Coherus
Oncology,
Inc.*
7,478
10,095
Compass
Therapeutics,
Inc.*
7,501
17,927
Connect
Biopharma
Holdings
Ltd.,
ADR*
859
1,890
Corbus
Pharmaceuticals
Holdings,
Inc.*
943
10,288
Corvus
Pharmaceuticals,
Inc.*
3,874
54,391
Crescent
Biopharma,
Inc.*
1,237
20,534
CRISPR
Therapeutics
AG(b)
5,336
304,045
Cullinan
Therapeutics,
Inc.*
3,462
76,406
Cytokinetics,
Inc.*
7,567
536,576
CytomX
Therapeutics,
Inc.*
10,186
34,225
Damora
Therapeutics,
Inc.*
3,053
86,034
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Denali
Therapeutics,
Inc.*
8,415
$
199,940
Design
Therapeutics,
Inc.*
1,764
26,619
DiaMedica
Therapeutics,
Inc.*
2,099
13,329
Dianthus
Therapeutics,
Inc.*
2,708
285,992
Disc
Medicine,
Inc.*
1,619
127,334
Dyne
Therapeutics,
Inc.*
8,669
220,453
Editas
Medicine,
Inc.*
5,729
17,531
Eikon
Therapeutics,
Inc.*
1,247
13,044
Eledon
Pharmaceuticals,
Inc.*
4,407
13,133
Elicio
Therapeutics,
Inc.(b)
743
2,006
Emergent
BioSolutions,
Inc.*
2,983
18,196
Enanta
Pharmaceuticals,
Inc.*
1,625
21,661
Entrada
Therapeutics,
Inc.*
1,686
11,886
Erasca,
Inc.*
12,610
225,467
Evommune,
Inc.*
729
9,229
Fennec
Pharmaceuticals,
Inc.*
1,664
20,550
First
Tracks
Biotherapeutics,
Inc.*
1,333
55,773
Foghorn
Therapeutics,
Inc.*
2,088
11,985
Galectin
Therapeutics,
Inc.(b)
2,745
10,843
Generate
Biomedicines,
Inc.*
1,400
21,378
Geron
Corp.*
32,012
47,698
GRAIL,
Inc.*
2,365
187,710
Greenwich
Lifesciences,
Inc.(b)
385
5,756
Gyre
Therapeutics,
Inc.*
1,052
6,912
Heron
Therapeutics,
Inc.(b)
9,145
2,908
Hyperliquid
Strategies,
Inc.*
7,194
88,126
Ideaya
Biosciences,
Inc.*
4,799
192,440
Immix
Biopharma,
Inc.*
2,352
32,999
Immuneering
Corp.,
Class
a
A(b)
3,071
15,324
ImmunityBio,
Inc.(b)
22,117
175,830
Immunome,
Inc.*
6,032
165,337
Immunovant,
Inc.*
4,881
199,242
Inhibikase
Therapeutics,
Inc.*
6,951
16,057
Inhibrx
Biosciences,
Inc.*
545
69,051
Intellia
Therapeutics,
Inc.*
7,734
98,454
Invivyd,
Inc.*
12,042
11,499
Iovance
Biotherapeutics,
Inc.*
22,770
186,031
Ironwood
Pharmaceuticals,
Inc.,
Class
a
A*
9,374
39,839
Jade
Biosciences,
Inc.*
1,863
39,794
Janux
Therapeutics,
Inc.*
2,474
45,076
Kailera
Therapeutics,
Inc.*
2,642
40,687
Karyopharm
Therapeutics,
Inc.*
1,140
2,348
Keros
Therapeutics,
Inc.*
1,060
11,745
Kiniksa
Pharmaceuticals
International
plc,
Class
a
A*
2,426
190,756
Kodiak
Sciences,
Inc.*
2,252
84,112
Korro
Bio,
Inc.*
639
7,981
Krystal
Biotech,
Inc.*
1,496
537,603
Kura
Oncology,
Inc.*
4,873
61,643
Kymera
Therapeutics,
Inc.*
3,583
425,696
Kyverna
Therapeutics,
Inc.*
2,404
20,374
Larimar
Therapeutics,
Inc.*
3,811
14,558
Lexeo
Therapeutics,
Inc.*
4,057
19,311
Lineage
Cell
Therapeutics,
Inc.
(b)
10,546
11,601
Lyell
Immunopharma,
Inc.*
540
7,733
MacroGenics,
Inc.*
3,594
14,340
MannKind
Corp.*
17,616
70,640
RUSSELL
2000
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
116
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
MapLight
Therapeutics,
Inc.*
599
$
7,769
MeiraGTx
Holdings
plc*
3,442
47,534
MiMedx
Group,
Inc.*
6,932
31,471
Mineralys
Therapeutics,
Inc.*
3,286
84,352
Minerva
Neurosciences,
Inc.(b)
1,951
8,897
Mirum
Pharmaceuticals,
Inc.*
2,717
266,402
Monopar
Therapeutics,
Inc.*
255
28,542
Monte
Rosa
Therapeutics,
Inc.*
4,237
59,064
Myriad
Genetics,
Inc.*
5,293
17,043
Neurogene,
Inc.*
645
23,375
Nkarta,
Inc.*
2,559
6,935
Novavax,
Inc.*
8,726
81,763
Nurix
Therapeutics,
Inc.*
5,486
141,429
Nuvectis
Pharma,
Inc.*
977
22,207
Ocugen,
Inc.(b)
19,553
26,005
Olema
Pharmaceuticals,
Inc.*
4,487
46,799
OnKure
Therapeutics,
Inc.,
Class
a
A*
1,500
5,445
Opus
Genetics,
Inc.*
3,068
11,106
Organogenesis
Holdings,
Inc.,
Class
a
A*
3,956
6,804
ORIC
Pharmaceuticals,
Inc.*
4,276
55,545
Oruka
Therapeutics,
Inc.*
2,883
267,023
Ovid
Therapeutics,
Inc.*
8,762
23,395
Palisade
Bio,
Inc.*
8,446
16,470
Palvella
Therapeutics,
Inc.*
627
95,674
Perspective
Therapeutics,
Inc.*
5,913
18,685
Praxis
Precision
Medicines,
Inc.*
1,439
504,082
Precigen,
Inc.*
11,049
76,570
Precision
BioSciences,
Inc.*
1,373
10,490
Prelude
Therapeutics,
Inc.*
1,591
8,910
Prime
Medicine,
Inc.*
5,385
19,332
ProKidney
Corp.,
Class
a
A(b)
4,329
8,182
Protagonist
Therapeutics,
Inc.*
3,521
520,228
Protalix
BioTherapeutics,
Inc.*
4,237
10,889
Protara
Therapeutics,
Inc.*
2,997
11,568
Prothena
Corp.
plc*
2,548
23,824
PTC
Therapeutics,
Inc.*
4,744
329,898
Puma
Biotechnology,
Inc.*
2,535
23,094
Recursion
Pharmaceuticals,
Inc.,
Class
a
A(b)
29,279
99,549
REGENXBIO,
Inc.*
2,762
26,239
Relay
Therapeutics,
Inc.*
9,247
169,960
Replimune
Group,
Inc.*
4,532
69,340
Rezolute,
Inc.*
4,479
21,006
Rhythm
Pharmaceuticals,
Inc.*
3,159
335,265
Rigel
Pharmaceuticals,
Inc.*
1,054
48,674
Rocket
Pharmaceuticals,
Inc.*
5,177
19,258
SAB
Biotherapeutics,
Inc.*
2,485
9,219
Sagimet
Biosciences,
Inc.,
Class
a
A*
3,364
34,515
Sana
Biotechnology,
Inc.*
10,510
40,674
Sarepta
Therapeutics,
Inc.*
5,955
125,234
Savara,
Inc.*
8,754
47,184
Scholar
Rock
Holding
Corp.*
6,398
363,406
SELLAS
Life
Sciences
Group,
Inc.(b)
10,797
144,032
Shattuck
Labs,
Inc.*
3,512
24,619
Sionna
Therapeutics,
Inc.*
1,058
6,380
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Solid
Biosciences,
Inc.*
4,504
$
43,148
Spruce
Biosciences,
Inc.*
155
9,140
Spyre
Therapeutics,
Inc.*
4,260
380,546
Stoke
Therapeutics,
Inc.*
3,151
98,311
Surrozen,
Inc.*
418
9,204
Sutro
Biopharma,
Inc.*
913
18,479
Syndax
Pharmaceuticals,
Inc.*
5,097
98,321
Tango
Therapeutics,
Inc.*
8,059
184,068
Taysha
Gene
Therapies,
Inc.*
13,720
78,067
Tectonic
Therapeutic,
Inc.*
586
17,545
Tenax
Therapeutics,
Inc.(b)
1,443
2,655
TG
Therapeutics,
Inc.*
8,330
452,319
Tonix
Pharmaceuticals
Holding
Corp.(b)
838
11,816
Travere
Therapeutics,
Inc.*
5,116
339,088
TriSalus
Life
Sciences,
Inc.*
2,747
13,598
Twist
Bioscience
Corp.*
3,733
518,887
Tyra
Biosciences,
Inc.*
2,103
52,638
Ultragenyx
Pharmaceutical,
Inc.*
5,532
139,462
Unicycive
Therapeutics,
Inc.*
1,400
7,280
Upstream
Bio,
Inc.*
2,018
13,359
UroGen
Pharma
Ltd.*
2,437
105,010
Vanda
Pharmaceuticals,
Inc.*
3,084
16,654
Vaxcyte,
Inc.*
7,539
457,919
Vera
Therapeutics,
Inc.,
Class
a
A*
3,657
124,631
Veracyte,
Inc.*
4,637
200,272
Verastem,
Inc.*
4,573
33,017
Vericel
Corp.*
2,950
117,705
Vir
Biotechnology,
Inc.*
7,034
76,952
Viridian
Therapeutics,
Inc.*
5,168
119,691
Vor
BioPharma,
Inc.*
2,337
52,536
Voyager
Therapeutics,
Inc.*
3,010
10,384
Whitehawk
Therapeutics,
Inc.*
1,859
8,440
X4
Pharmaceuticals,
Inc.*
4,629
18,701
Xencor,
Inc.*
3,984
108,624
Xenon
Pharmaceuticals,
Inc.*
5,616
338,195
Z
Squared,
Inc.*
2,515
7,419
Zenas
Biopharma,
Inc.(b)
1,630
52,682
Zentalis
Pharmaceuticals,
Inc.*
2,864
10,769
Zura
Bio
Ltd.,
Class
a
A(b)
3,374
18,692
Zymeworks,
Inc.*
2,694
79,231
18,926,450
Broadline
Retail
—
0.1%
1stdibs.com,
Inc.*
1,369
5,982
Groupon,
Inc.,
Class
a
A(b)
1,359
26,066
Kohl's
Corp.
6,319
112,605
Pattern
Group,
Inc.,
Class
a
A*
1,852
38,392
Savers
Value
Village,
Inc.*
2,156
22,271
205,316
Building
Products
—
1.0%
Apogee
Enterprises,
Inc.
1,213
47,380
AZZ,
Inc.
1,724
236,464
CSW
Industrials,
Inc.
930
287,323
Gibraltar
Industries,
Inc.*
1,728
77,743
Griffon
Corp.
2,224
216,595
Insteel
Industries,
Inc.
1,085
32,659
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
117
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Janus
International
Group,
Inc.*
7,642
$
37,904
Masterbrand,
Inc.*
11,637
96,005
Quanex
Building
Products
Corp.
2,662
51,164
Resideo
Technologies,
Inc.*
7,876
152,479
Tecnoglass
Holdings,
Inc.
1,465
58,160
UFP
Industries,
Inc.
3,280
277,226
Zurn
Elkay
Water
Solutions
Corp.
8,657
413,805
1,984,907
Capital
Markets
—
2.0%
Acadian
Asset
Management,
Inc.
1,620
152,604
AlTi
Global,
Inc.*
2,874
11,209
Artisan
Partners
Asset
Management,
Inc.,
Class
a
A
3,688
156,998
Bakkt,
Inc.,
Class
a
A*
1,690
12,962
BGC
Group,
Inc.,
Class
a
A
21,597
259,380
BRC
Group
Holdings,
Inc.*
1,325
9,169
Chaince
Digital
Holdings,
Inc.*
3,819
11,419
Cohen
&
Steers,
Inc.
1,629
131,411
DigitalBridge
Group,
Inc.
10,131
161,184
Donnelley
Financial
Solutions,
Inc.*
1,424
68,779
GCM
Grosvenor,
Inc.,
Class
a
A
3,388
46,721
Gemini
Space
Station,
Inc.,
Class
a
A*
2,347
10,562
Innventure,
Inc.(b)
3,199
4,127
Marex
Group
Ltd.
3,561
258,101
MarketWise,
Inc.
126
2,268
Miami
International
Holdings,
Inc.*
4,380
187,771
Moelis
&
Co.,
Class
a
A
4,319
293,994
Patria
Investments
Ltd.,
Class
a
A
3,738
42,389
Perella
Weinberg
Partners,
Class
a
A
4,019
66,836
Piper
Sandler
Cos.
4,045
303,618
PJT
Partners,
Inc.,
Class
a
A
1,410
254,350
Ridgepost
Capital,
Inc.,
Class
a
A
3,459
29,747
SHARPLINK,
Inc.*
10,763
92,885
Silvercrest
Asset
Management
Group,
Inc.,
Class
a
A
357
3,584
StepStone
Group,
Inc.,
Class
a
A
4,445
232,296
StoneX
Group,
Inc.*
6,253
428,205
Value
Line,
Inc.
43
1,591
Victory
Capital
Holdings,
Inc.,
Class
a
A
2,463
290,659
Virtus
Investment
Partners,
Inc.
366
60,573
Wealthfront
Corp.*
2,097
19,313
Webull
Corp.*
19,236
182,357
Westwood
Holdings
Group,
Inc.
424
8,213
WisdomTree,
Inc.
7,802
187,716
3,982,991
Chemicals
—
1.7%
AdvanSix,
Inc.
1,539
25,871
Alto
Ingredients,
Inc.*
4,225
16,731
Ashland,
Inc.
2,657
194,838
ASP
Isotopes,
Inc.*
6,666
26,797
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Aspen
Aerogels,
Inc.*
3,887
$
19,163
Avient
Corp.
5,347
235,589
Balchem
Corp.
1,876
329,970
Cabot
Corp.
2,989
247,220
Chemours
Co.
(The)
8,797
136,881
Core
Molding
Technologies,
Inc.*
482
12,074
Ecovyst,
Inc.*
6,318
64,254
Flotek
Industries,
Inc.*
832
19,735
FMC
Corp.
7,277
83,904
Hawkins,
Inc.
1,126
135,424
HB
Fuller
Co.
3,193
175,455
Huntsman
Corp.
9,619
92,150
Ingevity
Corp.*
2,040
141,352
Innospec,
Inc.
1,445
135,628
Intrepid
Potash,
Inc.*
637
24,633
Koppers
Holdings,
Inc.
1,046
47,980
Kronos
Worldwide,
Inc.
1,265
11,157
LSB
Industries,
Inc.*
3,438
36,683
Mativ
Holdings,
Inc.
3,152
37,477
Minerals
Technologies,
Inc.
1,799
127,585
Orion
SA
3,213
20,049
Perimeter
Solutions,
Inc.*
8,703
265,441
PureCycle
Technologies,
Inc.(b)
8,350
54,526
Quaker
Chemical
Corp.
796
131,977
Rayonier
Advanced
Materials,
Inc.*
3,565
30,623
Sensient
Technologies
Corp.
2,467
332,897
Stepan
Co.
1,257
78,701
Tronox
Holdings
plc
6,799
35,967
Valhi,
Inc.
142
2,654
3,331,386
Commercial
Services
&
Supplies
—
1.4%
ABM
Industries,
Inc.
3,382
157,703
ACCO
Brands
Corp.
5,275
22,577
ACV
Auctions,
Inc.,
Class
a
A*
9,788
68,810
BrightView
Holdings,
Inc.*
4,069
45,207
Brink's
Co.
(The)
2,393
260,670
Casella
Waste
Systems,
Inc.,
Class
a
A*
3,659
337,543
Cimpress
plc*
977
87,060
Civeo
Corp.*
595
19,891
CompX
International,
Inc.
89
2,833
CoreCivic,
Inc.*
5,624
186,829
Deluxe
Corp.
2,570
59,367
Ennis,
Inc.
1,431
30,538
Enviri
Corp.*
1,505
33,531
GEO
Group,
Inc.
(The)*
7,330
233,167
Healthcare
Services
Group,
Inc.*
3,976
87,432
HNI
Corp.
4,140
200,500
Interface,
Inc.,
Class
a
A
3,346
126,880
LanzaTech
Global,
Inc.*
91
577
Liquidity
Services,
Inc.*
1,366
56,935
MillerKnoll,
Inc.
3,942
89,050
NLI
Holdings,
Inc.
490
3,268
Onterris,
Inc.*
1,963
32,821
OPENLANE,
Inc.*
6,113
217,623
RUSSELL
2000
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
118
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Perma-Fix
Environmental
Services,
Inc.*
1,009
$
18,313
Pitney
Bowes,
Inc.
8,357
143,155
Quad/Graphics,
Inc.
1,719
17,293
UniFirst
Corp.
846
234,004
Vestis
Corp.*
5,324
66,603
2,840,180
Communications
Equipment
—
0.8%
ADTRAN
Holdings,
Inc.*
4,401
34,108
Aviat
Networks,
Inc.*
680
13,552
BK
Technologies
Corp.*
173
12,520
Calix,
Inc.*
3,391
129,265
Clearfield,
Inc.*
659
19,118
Digi
International,
Inc.*
2,153
161,346
Extreme
Networks,
Inc.*
7,435
167,213
Harmonic,
Inc.*
6,354
76,121
Inseego
Corp.*
690
2,884
KVH
Industries,
Inc.*
716
5,413
Lantronix,
Inc.*
2,035
10,785
NETGEAR,
Inc.*
1,521
32,184
NetScout
Systems,
Inc.*
4,085
158,621
Ondas,
Inc.(b)
27,936
213,850
Ribbon
Communications,
Inc.*
5,364
10,674
Viasat,
Inc.*
7,269
488,986
Vistance
Networks,
Inc.
12,736
80,364
1,617,004
Construction
&
Engineering
—
1.4%
Ameresco,
Inc.,
Class
a
A*
1,877
41,519
Arcosa,
Inc.
2,834
411,780
Argan,
Inc.
786
334,042
Bowman
Consulting
Group
Ltd.,
Class
a
A*
830
35,350
Cardinal
Infrastructure
Group,
Inc.,
Class
a
A*
980
36,240
Centuri
Holdings,
Inc.*
5,068
103,438
Concrete
Pumping
Holdings,
Inc.*
1,196
10,800
Construction
Partners,
Inc.,
Class
a
A*
2,769
294,068
Fluor
Corp.*
8,222
448,181
Granite
Construction,
Inc.
2,555
308,031
INNOVATE
Corp.*
321
2,388
Legence
Corp.,
Class
a
A*
3,363
180,156
Limbach
Holdings,
Inc.*
637
26,257
Matrix
Service
Co.*
1,563
16,896
MYR
Group,
Inc.*
895
260,821
NWPX
Infrastructure,
Inc.*
548
60,236
Orion
Group
Holdings,
Inc.*
2,247
21,122
Shimmick
Corp.*
297
1,048
Tutor
Perini
Corp.
2,624
232,277
2,824,650
Construction
Materials
—
0.2%
Knife
River
Corp.*
3,322
208,289
Smith-Midland
Corp.*
160
4,205
Titan
America
SA
1,448
21,604
Investments
Shares
Value
Common
Stocks
(a)
(continued)
United
States
Lime
&
Minerals,
Inc.
631
$
74,540
308,638
Consumer
Finance
—
1.1%
Atlanticus
Holdings
Corp.*
292
26,417
Bread
Financial
Holdings,
Inc.
2,340
244,460
Consumer
Portfolio
Services,
Inc.*
528
4,873
Dave,
Inc.*
587
211,038
Encore
Capital
Group,
Inc.*
1,213
117,673
Enova
International,
Inc.*
1,396
316,501
FirstCash
Holdings,
Inc.
2,359
505,935
Green
Dot
Corp.,
Class
a
A*
3,143
41,771
Happen,
Inc.*
6,558
115,290
Jefferson
Capital,
Inc.
1,294
26,928
LendingTree,
Inc.*
650
18,226
Medallion
Financial
Corp.
968
11,442
Navient
Corp.
3,674
34,940
Nelnet,
Inc.,
Class
a
A
855
107,106
NerdWallet,
Inc.,
Class
a
A*
1,894
18,713
Oportun
Financial
Corp.*
2,394
17,596
OppFi,
Inc.*
1,487
10,305
PRA
Group,
Inc.*
2,193
41,272
PROG
Holdings,
Inc.
2,265
86,364
Regional
Management
Corp.
501
16,077
Upstart
Holdings,
Inc.*
4,894
140,360
World
Acceptance
Corp.*
142
26,101
2,139,388
Consumer
Staples
Distribution
&
Retail
—
0.5%
Andersons,
Inc.
(The)
1,918
124,421
Chefs'
Warehouse,
Inc.
(The)*
2,131
239,673
Grocery
Outlet
Holding
Corp.*
5,420
64,769
Ingles
Markets,
Inc.,
Class
a
A
855
69,939
Natural
Grocers
by
Vitamin
Cottage,
Inc.
752
20,582
PriceSmart,
Inc.
1,509
256,545
United
Natural
Foods,
Inc.*
3,495
153,291
Village
Super
Market,
Inc.,
Class
a
A
538
23,285
Weis
Markets,
Inc.
718
51,014
Yesway,
Inc.,
Class
a
A*
905
22,543
1,026,062
Containers
&
Packaging
—
0.2%
Ardagh
Metal
Packaging
SA
8,108
41,189
Greif,
Inc.,
Class
a
A
1,403
116,098
Greif,
Inc.,
Class
a
B
273
28,840
Myers
Industries,
Inc.
2,169
69,603
O-I
Glass,
Inc.*
8,910
64,776
Ranpak
Holdings
Corp.,
Class
a
A*
2,797
13,286
TriMas
Corp.
1,571
60,923
394,715
Distributors
—
0.1%
GigaCloud
Technology,
Inc.,
Class
a
A*
1,462
70,951
Gold.
Com,
Inc.
1,143
51,400
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
119
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Weyco
Group,
Inc.
349
$
15,625
137,976
Diversified
Consumer
Services
—
1.0%
American
Public
Education,
Inc.*
1,027
46,882
Carriage
Services,
Inc.,
Class
a
A
818
27,526
Coursera,
Inc.*
12,599
82,145
Covista,
Inc.*
1,972
260,955
Driven
Brands
Holdings,
Inc.*
3,486
43,296
Frontdoor,
Inc.*
4,099
331,486
Graham
Holdings
Co.,
Class
a
B
181
204,329
KinderCare
Learning
Cos.,
Inc.*
1,769
4,458
Laureate
Education,
Inc.*
7,002
262,785
Lincoln
Educational
Services
Corp.*
1,727
43,451
Matthews
International
Corp.,
Class
a
A
1,732
35,974
McGraw
Hill,
Inc.*
1,430
18,776
OneSpaWorld
Holdings
Ltd.
5,742
142,574
Perdoceo
Education
Corp.
3,642
121,060
Phoenix
Education
Partners,
Inc.
305
8,879
Strategic
Education,
Inc.
1,264
104,710
Stride,
Inc.*
2,422
209,963
Universal
Technical
Institute,
Inc.*
2,746
58,023
2,007,272
Diversified
REITs
—
0.5%
AH
Realty
Trust,
Inc.,
REIT
4,402
28,525
Alpine
Income
Property
Trust,
Inc.,
REIT
889
17,300
American
Assets
Trust,
Inc.,
REIT
2,849
63,988
Broadstone
Net
Lease,
Inc.,
REIT
11,146
232,506
CTO
Realty
Growth,
Inc.,
REIT
1,897
40,482
Essential
Properties
Realty
Trust,
Inc.,
REIT
12,628
378,840
Gladstone
Commercial
Corp.,
REIT
2,810
36,446
Global
Net
Lease,
Inc.,
REIT
11,088
101,788
NexPoint
Diversified
Real
Estate
Trust,
REIT
2,108
11,193
911,068
Diversified
Telecommunication
Services
—
0.4%
Anterix,
Inc.*
658
59,806
ATN
International,
Inc.
581
17,529
Bandwidth,
Inc.,
Class
a
A*
1,697
82,186
Cogent
Communications
Holdings,
Inc.
2,823
26,931
IDT
Corp.,
Class
a
B
949
64,741
Liberty
Capital
Corp.,
Class
a
A*
193
5,153
Liberty
Capital
Corp.,
Class
a
C*
1,918
49,925
Liberty
Latin
America
Ltd.,
Class
a
A*
1,761
15,162
Liberty
Latin
America
Ltd.,
Class
a
C*
7,447
63,672
Lumen
Technologies,
Inc.*
55,671
347,944
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Shenandoah
Telecommunications
Co.
2,885
$
35,687
Uniti
Group,
Inc.*
9,786
97,077
865,813
Electric
Utilities
—
0.6%
Genie
Energy
Ltd.,
Class
a
B
1,211
17,971
Hawaiian
Electric
Industries,
Inc.*
9,506
106,657
MGE
Energy,
Inc.
2,154
167,344
Otter
Tail
Corp.
2,237
202,382
Portland
General
Electric
Co.
6,770
330,782
TXNM
Energy,
Inc.
5,967
343,759
1,168,895
Electrical
Equipment
—
0.9%
Allient,
Inc.
853
80,191
American
Superconductor
Corp.*
2,697
77,431
Amprius
Technologies,
Inc.*
7,867
77,726
Array
Technologies,
Inc.*
8,843
39,086
Atkore,
Inc.
1,960
183,632
Babcock
&
Wilcox
Enterprises,
Inc.*
7,675
57,869
ChargePoint
Holdings,
Inc.*
1,382
7,601
Energous
Corp.*
309
3,424
Energy
Vault
Holdings,
Inc.*
7,932
26,969
EnerSys
2,131
391,806
Enovix
Corp.(b)
11,358
38,390
Eos
Energy
Enterprises,
Inc.(b)
19,722
63,505
Espey
Mfg.
&
Electronics
Corp.
132
8,265
Fluence
Energy,
Inc.*
5,012
54,180
FuelCell
Energy,
Inc.*
3,106
53,516
GrafTech
International
Ltd.*
972
6,998
Hyliion
Holdings
Corp.*
7,315
25,383
LSI
Industries,
Inc.
1,921
37,632
NANO
Nuclear
Energy,
Inc.(b)
2,490
45,542
Net
Power,
Inc.*
2,420
4,308
NuScale
Power
Corp.,
Class
a
A*
18,637
172,765
Plug
Power,
Inc.(b)
78,321
169,173
Power
Solutions
International,
Inc.*
496
18,010
Preformed
Line
Products
Co.
144
57,722
SES
AI
Corp.*
14,423
7,496
Shoals
Technologies
Group,
Inc.,
Class
a
A*
9,764
67,567
Sunrun,
Inc.*
13,377
114,641
Tigo
Energy,
Inc.*
2,219
2,374
1,893,202
Electronic
Equipment,
Instruments
&
Components
—
2.3%
908
Devices,
Inc.*
1,667
17,787
ADI
Global
Distribution,
Inc.*
3,935
86,058
Aeva
Technologies,
Inc.*
1,604
25,119
Arlo
Technologies,
Inc.*
6,214
81,714
Badger
Meter,
Inc.
1,704
230,841
Bel
Fuse,
Inc.,
Class
a
A
98
20,067
Bel
Fuse,
Inc.,
Class
a
B
699
174,243
Belden,
Inc.
2,254
257,993
Benchmark
Electronics,
Inc.
2,063
144,988
RUSSELL
2000
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
120
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Climb
Global
Solutions,
Inc.
954
$
27,218
Crane
NXT
Co.
2,879
140,783
CTS
Corp.
1,638
92,498
Daktronics,
Inc.*
2,277
44,470
ePlus,
Inc.
1,518
133,538
Evolv
Technologies
Holdings,
Inc.*
9,403
48,990
Forward
Industries,
Inc.*
3,551
22,513
Frequency
Electronics,
Inc.*
388
23,377
Insight
Enterprises,
Inc.*
1,648
258,769
Itron,
Inc.*
2,555
247,861
Kimball
Electronics,
Inc.*
1,379
32,572
Knowles
Corp.*
4,919
168,131
LightPath
Technologies,
Inc.,
Class
a
A*
3,168
31,870
Lightwave
Logic,
Inc.*
9,202
49,967
Methode
Electronics,
Inc.
2,008
36,606
Mirion
Technologies,
Inc.,
Class
a
A*
13,862
208,900
M-Tron
Industries,
Inc.*
238
18,126
Napco
Security
Technologies,
Inc.
1,997
72,371
nLight,
Inc.*
3,197
135,137
Novanta,
Inc.*
2,075
303,407
OSI
Systems,
Inc.*
917
190,653
Ouster,
Inc.*
3,585
123,467
PC
Connection,
Inc.
633
50,558
Plexus
Corp.*
1,550
371,179
Powerfleet,
Inc.*
7,335
22,005
RF
Industries
Ltd.*
485
5,112
Richardson
Electronics
Ltd.
710
12,297
Rogers
Corp.*
1,038
130,342
ScanSource,
Inc.*
1,239
70,735
SmartRent,
Inc.,
Class
a
A*
9,791
13,022
Syntec
Optics
Holdings,
Inc.*
404
3,309
Unusual
Machines,
Inc.(b)
2,615
61,897
Vishay
Intertechnology,
Inc.
7,913
240,793
Vishay
Precision
Group,
Inc.*
698
43,143
Vuzix
Corp.*
3,976
10,377
4,484,803
Energy
Equipment
&
Services
—
2.3%
Archrock,
Inc.
10,003
315,295
Atlas
Energy
Solutions,
Inc.,
Class
a
A(b)
4,743
62,133
Borr
Drilling
Ltd.*
13,667
61,228
Bristow
Group,
Inc.,
Class
a
A
1,516
68,811
Cactus,
Inc.,
Class
a
A
4,036
283,812
Core
Laboratories,
Inc.
2,668
33,163
Energy
Services
of
America
Corp.
804
9,367
Expro
Ltd.*
4,766
86,360
Flowco
Holdings,
Inc.,
Class
a
A
2,065
45,306
Forum
Energy
Technologies,
Inc.*
612
50,166
Helix
Energy
Solutions
Group,
Inc.*
8,072
83,142
Helmerich
&
Payne,
Inc.
5,632
245,443
HMH
Holding,
Inc.,
Class
a
A*
589
11,344
Innovex
International,
Inc.*
2,623
80,447
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Kodiak
Gas
Services,
Inc.
5,783
$
339,867
Liberty
Energy,
Inc.,
Class
a
A
9,241
182,140
Nabors
Industries
Ltd.*
820
76,785
National
Energy
Services
Reunited
Corp.*
3,521
123,622
Natural
Gas
Services
Group,
Inc.
678
23,866
Noble
Corp.
plc
7,363
337,446
Oceaneering
International,
Inc.*
5,767
298,500
Oil
States
International,
Inc.*
3,275
28,885
Patterson-UTI
Energy,
Inc.
20,135
254,506
ProFrac
Holding
Corp.,
Class
a
A*
1,658
8,456
ProPetro
Holding
Corp.*
5,730
65,093
Ranger
Energy
Services,
Inc.,
Class
a
A
1,089
18,186
RPC,
Inc.
5,852
38,214
SEACOR
Marine
Holdings,
Inc.*
1,276
12,186
Seadrill
Ltd.*
3,643
177,487
Select
Water
Solutions,
Inc.,
Class
a
A
6,518
127,101
Smart
Sand,
Inc.
1,730
9,117
Solaris
Energy
Infrastructure,
Inc.,
Class
a
A(b)
3,057
155,204
TETRA
Technologies,
Inc.*
7,461
51,481
Tidewater,
Inc.*
2,868
267,068
Transocean
Ltd.*
56,545
328,526
Valaris
Ltd.*
3,293
284,416
4,644,169
Entertainment
—
0.6%
AMC
Entertainment
Holdings,
Inc.,
Class
a
A*
35,644
94,100
Atlanta
Braves
Holdings,
Inc.,
Class
a
A(b)
387
21,289
Atlanta
Braves
Holdings,
Inc.,
Class
a
C*
2,848
141,204
Cinemark
Holdings,
Inc.
6,098
217,150
CuriosityStream,
Inc.
2,402
6,437
IMAX
Corp.*
2,637
135,014
Lionsgate
Studios
Corp.*
11,382
128,958
Madison
Square
Garden
Entertainment
Corp.,
Class
a
A*
2,281
177,211
Marcus
Corp.
(The)
1,297
36,874
Playtika
Holding
Corp.
3,240
7,355
Reservoir
Media,
Inc.*
1,123
10,848
Sphere
Entertainment
Co.*
1,587
216,308
Starz
Entertainment
Corp.*
694
18,374
Stubhub
Holdings,
Inc.,
Class
a
A*
12,779
81,530
1,292,652
Financial
Services
—
2.0%
Acacia
Research
Corp.*
2,005
8,902
Alerus
Financial
Corp.
1,372
45,139
Better
Home
&
Finance
Holding
Co.(b)
459
6,353
Bladex,
Inc.,
Class
a
E
1,698
91,556
Burford
Capital
Ltd.
11,702
48,563
Cannae
Holdings,
Inc.
2,286
35,662
Cass
Information
Systems,
Inc.
667
37,425
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
121
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Compass
Diversified
Holdings*
3,898
$
45,061
Dlocal
Ltd.,
Class
a
A
5,212
77,294
Enact
Holdings,
Inc.
1,587
76,493
Essent
Group
Ltd.
5,226
353,069
EVERTEC,
Inc.
3,574
105,898
Federal
Agricultural
Mortgage
Corp.,
Class
a
C
540
118,746
Finance
of
America
Cos.,
Inc.,
Class
a
A*
222
3,940
Flywire
Corp.*
6,873
129,831
HA
Sustainable
Infrastructure
Capital,
Inc.
7,384
292,037
International
Money
Express,
Inc.*
1,605
23,224
Jackson
Financial,
Inc.,
Class
a
A
3,785
505,033
loanDepot,
Inc.,
Class
a
A*
6,527
6,164
Marqeta,
Inc.,
Class
a
A*
5,016
82,363
Merchants
Bancorp
1,450
76,328
NCR
Atleos
Corp.*
4,235
194,471
NewtekOne,
Inc.
1,462
17,237
NMI
Holdings,
Inc.,
Class
a
A*
4,399
195,096
Onity
Group,
Inc.*
401
13,730
Pagseguro
Digital
Ltd.,
Class
a
A
9,553
86,168
Paymentus
Holdings,
Inc.,
Class
a
A*
3,406
121,254
Payoneer
Global,
Inc.*
15,142
107,660
Paysafe
Ltd.*
1,396
8,990
Paysign,
Inc.*
2,548
31,748
PennyMac
Financial
Services,
Inc.
1,716
125,457
Priority
Technology
Holdings,
Inc.(b)
1,968
10,450
Radian
Group,
Inc.
7,826
280,640
Remitly
Global,
Inc.*
10,874
290,771
Repay
Holdings
Corp.,
Class
a
A*
3,733
13,401
Security
National
Financial
Corp.,
Class
a
A*
962
8,369
Sezzle,
Inc.*
938
113,076
StoneCo
Ltd.,
Class
a
A
13,291
128,923
Velocity
Financial,
Inc.*
708
12,709
Walker
&
Dunlop,
Inc.
1,936
78,466
Waterstone
Financial,
Inc.
868
18,193
4,025,890
Food
Products
—
0.5%
Alico,
Inc.
334
13,270
B&G
Foods,
Inc.
4,504
15,629
BRC,
Inc.,
Class
a
A(b)
445
3,578
Cal-Maine
Foods,
Inc.
2,505
197,695
Del
Monte
Corp.
1,902
60,255
Dole
plc
4,500
62,325
Flowers
Foods,
Inc.
10,937
75,684
Forafric
Global
plc*
322
3,507
J
&
J
Snack
Foods
Corp.
870
76,717
John
B
Sanfilippo
&
Son,
Inc.
468
34,487
Lifeway
Foods,
Inc.*
326
8,486
Limoneira
Co.
963
13,251
Mama's
Creations,
Inc.*
2,154
34,959
Marzetti
Co.
(The)
1,141
128,534
Mission
Produce,
Inc.*
3,281
41,734
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Once
Upon
a
Farm
PBC*
744
$
12,886
Seneca
Foods
Corp.,
Class
a
A*
259
51,357
Simply
Good
Foods
Co.
(The)*
4,817
55,155
Utz
Brands,
Inc.
4,230
60,066
Vital
Farms,
Inc.*
2,083
22,246
Westrock
Coffee
Co.*
2,150
16,748
988,569
Gas
Utilities
—
0.9%
Brookfield
Infrastructure
Corp.,
Class
a
A
7,229
276,293
Chesapeake
Utilities
Corp.
1,393
186,021
New
Jersey
Resources
Corp.
5,892
314,279
Northwest
Natural
Holding
Co.
2,457
120,565
ONE
Gas,
Inc.
3,652
289,494
RGC
Resources,
Inc.
489
10,470
Southwest
Gas
Holdings,
Inc.
4,228
373,459
Spire,
Inc.
3,392
277,601
1,848,182
Ground
Transportation
—
0.3%
ArcBest
Corp.
1,280
176,602
Covenant
Logistics
Group,
Inc.,
Class
a
A
886
31,320
FTAI
Infrastructure,
Inc.
6,305
21,941
Heartland
Express,
Inc.
2,223
27,476
Hertz
Global
Holdings,
Inc.(b)
7,359
16,705
Marten
Transport
Ltd.
3,396
48,970
PAMT
Corp.*
282
3,421
Proficient
Auto
Logistics,
Inc.(b)
1,416
7,137
RXO,
Inc.*
9,600
204,000
Universal
Logistics
Holdings,
Inc.(b)
409
7,640
Werner
Enterprises,
Inc.
3,474
136,111
681,323
Health
Care
Equipment
&
Supplies
—
2.8%
Acme
United
Corp.
198
12,339
Alphatec
Holdings,
Inc.*
7,099
66,518
AngioDynamics,
Inc.*
2,128
34,325
Anteris
Technologies
Global
Corp.*
4,676
40,260
Artivion,
Inc.*
2,615
70,579
AtriCure,
Inc.*
2,855
138,039
Axogen,
Inc.*
3,011
152,838
Beta
Bionics,
Inc.*
2,333
46,543
Bioventus,
Inc.,
Class
a
A*
2,758
37,647
Butterfly
Network,
Inc.*
12,045
95,035
CapsoVision,
Inc.*
1,999
11,674
Carlsmed,
Inc.*
486
7,917
Ceribell,
Inc.*
1,577
37,817
Cerus
Corp.*
11,383
30,051
ClearPoint
Neuro,
Inc.*
1,615
24,451
CONMED
Corp.
1,764
87,935
CVRx,
Inc.*
880
2,605
Delcath
Systems,
Inc.*
1,647
27,110
DENTSPLY
SIRONA,
Inc.
11,715
130,857
Electromed,
Inc.*
381
10,657
Embecta
Corp.
3,424
17,599
Enovis
Corp.*
3,333
81,959
RUSSELL
2000
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
122
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Establishment
Labs
Holdings,
Inc.*
1,549
$
107,392
Glaukos
Corp.*
3,301
592,728
Haemonetics
Corp.*
2,700
278,289
Hyperfine,
Inc.,
Class
a
A*
4,478
3,691
ICU
Medical,
Inc.*
1,416
244,897
Inogen,
Inc.*
1,419
7,620
Inspire
Medical
Systems,
Inc.*
1,661
104,626
Integer
Holdings
Corp.*
1,965
246,116
Integra
LifeSciences
Holdings
Corp.*
3,917
66,276
iRadimed
Corp.
487
42,067
IRhythm
Holdings,
Inc.*
1,894
225,272
Kestra
Medical
Technologies
Ltd.*
1,531
39,423
KORU
Medical
Systems,
Inc.*
2,581
8,517
Lantheus
Holdings,
Inc.*
3,737
377,288
LeMaitre
Vascular,
Inc.
1,251
100,430
LivaNova
plc*
3,216
256,669
Lucid
Diagnostics,
Inc.*
8,507
8,325
Merit
Medical
Systems,
Inc.*
3,423
310,329
MiniMed
Group,
Inc.*
1,648
33,389
Neogen
Corp.*
12,680
146,581
NeuroPace,
Inc.*
1,519
22,253
Novocure
Ltd.*
6,119
108,000
Omnicell,
Inc.*
2,612
91,838
OraSure
Technologies,
Inc.*
3,754
13,477
Orchestra
BioMed
Holdings,
Inc.*
2,281
11,496
Orthofix
Medical,
Inc.*
2,315
21,738
OrthoPediatrics
Corp.*
1,009
23,520
Procept
Biorobotics
Corp.*
3,215
68,158
Pro-Dex,
Inc.*
119
7,390
Pulse
Biosciences,
Inc.*
1,062
53,450
QuidelOrtho
Corp.*
3,942
56,883
RxSight,
Inc.*
2,281
16,720
Sanara
Medtech,
Inc.*
192
6,697
Senseonics
Holdings,
Inc.*
2,259
20,851
Shoulder
Innovations,
Inc.*
600
12,576
SI-BONE,
Inc.*
2,517
47,873
Sight
Sciences,
Inc.*
2,254
19,159
STAAR
Surgical
Co.*
1,943
43,892
Stereotaxis,
Inc.(b)
3,901
5,617
Strive,
Inc.,
Class
a
A(b)
3,637
88,088
Tactile
Systems
Technology,
Inc.*
1,308
30,058
Tandem
Diabetes
Care,
Inc.*
3,996
87,952
TransMedics
Group,
Inc.*
1,965
166,770
UFP
Technologies,
Inc.*
434
129,310
Utah
Medical
Products,
Inc.
173
12,306
Varex
Imaging
Corp.*
2,425
44,838
5,575,590
Health
Care
Providers
&
Services
—
2.6%
Acadia
Healthcare
Co.,
Inc.*
5,327
146,812
Accendra
Health,
Inc.*
4,126
4,992
AdaptHealth
Corp.,
Class
a
A*
5,894
32,947
Addus
HomeCare
Corp.*
1,067
122,353
agilon
health,
Inc.*
713
62,666
AirSculpt
Technologies,
Inc.*
554
1,396
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Alignment
Healthcare,
Inc.*
11,688
$
156,619
AMN
Healthcare
Services,
Inc.*
2,252
77,199
Ardent
Health,
Inc.*
1,347
14,575
Astrana
Health,
Inc.*
2,610
99,467
Aveanna
Healthcare
Holdings,
Inc.*
4,475
60,055
BrightSpring
Health
Services,
Inc.*
9,337
545,281
Brookdale
Senior
Living,
Inc.*
13,726
161,830
Castle
Biosciences,
Inc.*
1,712
56,547
Clover
Health
Investments
Corp.,
Class
a
A*
24,069
99,886
Community
Health
Systems,
Inc.*
7,431
21,699
Concentra
Group
Holdings
Parent,
Inc.
6,747
227,644
CorVel
Corp.*
1,690
116,407
Fulgent
Genetics,
Inc.*
1,107
21,443
GeneDx
Holdings
Corp.,
Class
a
A*
1,144
97,023
Guardian
Pharmacy
Services,
Inc.,
Class
a
A*
1,035
38,388
HealthEquity,
Inc.*
4,856
468,798
Hims
&
Hers
Health,
Inc.(b)
12,366
365,786
Hinge
Health,
Inc.,
Class
a
A*
2,391
221,311
InfuSystem
Holdings,
Inc.*
1,104
13,414
Innovage
Holding
Corp.*
1,258
13,586
LifeStance
Health
Group,
Inc.*
10,958
135,441
Lumexa
Imaging
Holdings,
Inc.*
1,087
12,685
National
HealthCare
Corp.
742
160,665
NeoGenomics,
Inc.*
7,530
134,862
NRC
Health
677
14,176
Nutex
Health,
Inc.*
287
54,174
Omada
Health,
Inc.*
2,037
50,008
OPKO
Health,
Inc.*
23,057
33,894
Option
Care
Health,
Inc.*
9,135
214,216
PACS
Group,
Inc.*
2,662
112,629
Pediatrix
Medical
Group,
Inc.*
4,767
125,038
Pennant
Group,
Inc.
(The)*
1,952
71,756
Privia
Health
Group,
Inc.*
6,918
141,750
Progyny,
Inc.*
3,910
100,057
RadNet,
Inc.*
4,093
310,331
SBC
Medical
Group
Holdings,
Inc.*
1,104
4,438
Sonida
Senior
Living,
Inc.*
1,648
61,800
Starling
Oncology,
Inc.*
4,385
25,915
Strata
Critical
Medical,
Inc.*
3,907
22,114
Surgery
Partners,
Inc.*
4,576
63,561
U.S.
Physical
Therapy,
Inc.
867
67,401
Viemed
Healthcare,
Inc.*
1,954
17,273
5,182,308
Health
Care
REITs
—
0.7%
CareTrust
REIT,
Inc.
13,005
506,545
Chiron
Real
Estate,
Inc.,
REIT
730
26,645
Community
Healthcare
Trust,
Inc.,
REIT
1,584
23,301
Diversified
Healthcare
Trust,
REIT
12,775
96,707
LTC
Properties,
Inc.,
REIT
2,846
114,751
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
123
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
National
Health
Investors,
Inc.,
REIT
2,781
$
197,757
National
Healthcare
Properties,
Inc.,
Class
a
A,
REIT
2,604
41,820
Sabra
Health
Care
REIT,
Inc.
14,618
298,061
Strawberry
Fields
REIT,
Inc.
462
6,232
Universal
Health
Realty
Income
Trust,
REIT
748
30,653
1,342,472
Health
Care
Technology
—
0.4%
Certara,
Inc.*
6,649
55,120
Claritev
Corp.*
558
22,225
Evolent
Health,
Inc.,
Class
a
A*
6,559
29,516
HealthStream,
Inc.
1,366
39,682
HeartFlow,
Inc.*
4,600
231,794
LifeMD,
Inc.*
2,300
7,107
Phreesia,
Inc.*
2,846
34,750
Schrodinger,
Inc.*
3,314
64,623
Simulations
Plus,
Inc.*
982
18,069
Teladoc
Health,
Inc.*
10,422
66,075
Waystar
Holding
Corp.*
6,407
167,735
736,696
Hotel
&
Resort
REITs
—
0.8%
Apple
Hospitality
REIT,
Inc.
12,587
200,763
Braemar
Hotels
&
Resorts,
Inc.,
REIT
3,377
6,821
Chatham
Lodging
Trust,
REIT
2,588
33,722
DiamondRock
Hospitality
Co.,
REIT
11,844
145,800
Park
Hotels
&
Resorts,
Inc.,
REIT
10,807
165,347
Pebblebrook
Hotel
Trust,
REIT
6,495
117,689
RLJ
Lodging
Trust,
REIT
7,166
79,113
Ryman
Hospitality
Properties,
Inc.,
REIT
3,889
492,970
Service
Properties
Trust,
REIT
6,722
52,431
Summit
Hotel
Properties,
Inc.,
REIT
5,980
34,983
Sunstone
Hotel
Investors,
Inc.,
REIT
10,453
116,760
Xenia
Hotels
&
Resorts,
Inc.,
REIT
5,368
100,650
1,547,049
Hotels,
Restaurants
&
Leisure
—
1.9%
Accel
Entertainment,
Inc.,
Class
a
A*
2,975
34,629
Bally's
Corp.(b)
591
5,295
Biglari
Holdings,
Inc.,
Class
a
A*
3
5,872
Biglari
Holdings,
Inc.,
Class
a
B*
39
15,151
BJ's
Restaurants,
Inc.*
1,104
70,203
Black
Rock
Coffee
Bar,
Inc.,
Class
a
A*
1,012
9,665
Bloomin'
Brands,
Inc.*
4,935
50,830
Brightstar
Lottery
plc
5,620
63,337
Brinker
International,
Inc.*
2,488
568,508
Cheesecake
Factory,
Inc.
(The)
2,709
296,608
Cracker
Barrel
Old
Country
Store,
Inc.(b)
1,300
71,812
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Dave
&
Buster's
Entertainment,
Inc.*
1,560
$
13,993
Dine
Brands
Global,
Inc.
720
23,818
El
Pollo
Loco
Holdings,
Inc.*
1,650
25,195
First
Watch
Restaurant
Group,
Inc.*
3,554
45,065
Genius
Sports
Ltd.*
13,640
101,209
Global
Business
Travel
Group
I*
7,241
68,500
Hilton
Grand
Vacations,
Inc.*
3,247
137,705
Inspired
Entertainment,
Inc.*
1,449
8,448
Jack
in
the
Box,
Inc.(b)
1,027
16,956
Krispy
Kreme,
Inc.*
4,606
15,753
Kura
Sushi
USA,
Inc.,
Class
a
A*
394
17,990
Life
Time
Group
Holdings,
Inc.*
8,382
352,212
Lindblad
Expeditions
Holdings,
Inc.*
2,860
75,962
Marriott
Vacations
Worldwide
Corp.
1,613
168,171
Monarch
Casino
&
Resort,
Inc.
702
84,556
Nathan's
Famous,
Inc.
168
16,440
Navan,
Inc.,
Class
a
A*
5,970
173,488
Papa
John's
International,
Inc.
1,899
44,589
Penn
Entertainment,
Inc.*
7,398
123,621
Portillo's,
Inc.,
Class
a
A*
3,852
17,604
Pursuit
Attractions
and
Hospitality,
Inc.*
1,201
57,648
RCI
Hospitality
Holdings,
Inc.
385
11,215
Red
Rock
Resorts,
Inc.,
Class
a
A
2,754
154,665
Rush
Street
Interactive,
Inc.*
5,807
149,588
Sabre
Corp.*
19,507
42,330
Serve
Robotics,
Inc.(b)
4,105
19,991
Shake
Shack,
Inc.,
Class
a
A*
2,262
155,829
Six
Flags
Entertainment
Corp.*
5,550
83,527
Super
Group
SGHC
Ltd.
9,393
127,181
Sweetgreen,
Inc.,
Class
a
A*
6,076
42,289
Target
Hospitality
Corp.*
2,330
43,152
United
Parks
&
Resorts,
Inc.*
1,130
45,211
Venu
Holding
Corp.*
2,751
5,282
Wendy's
Co.
(The)(b)
9,305
77,232
Xponential
Fitness,
Inc.,
Class
a
A*
2,045
11,145
3,749,470
Household
Durables
—
1.2%
Beazer
Homes
USA,
Inc.*
1,427
47,348
Cavco
Industries,
Inc.*
447
249,931
Century
Communities,
Inc.
1,458
98,488
Champion
Homes,
Inc.*
3,190
284,771
Cricut,
Inc.,
Class
a
A
2,862
16,886
Dream
Finders
Homes,
Inc.,
Class
a
A*
1,626
22,845
Ethan
Allen
Interiors,
Inc.
1,358
32,117
Flexsteel
Industries,
Inc.
189
15,033
GoPro,
Inc.,
Class
a
A(b)
7,701
6,748
Green
Brick
Partners,
Inc.*
1,767
127,613
Hamilton
Beach
Brands
Holding
Co.,
Class
a
A
415
13,035
Helen
of
Troy
Ltd.*
1,335
40,183
Hovnanian
Enterprises,
Inc.,
Class
a
A*
271
33,639
Installed
Building
Products,
Inc.
1,365
331,463
RUSSELL
2000
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
124
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
KB
Home
3,512
$
187,190
La-Z-Boy,
Inc.
2,331
73,753
Legacy
Housing
Corp.*
513
14,431
LGI
Homes,
Inc.*
1,192
66,680
Lifetime
Brands,
Inc.
704
6,653
Lovesac
Co.
(The)*
818
12,757
M/I
Homes,
Inc.*
1,472
219,048
Meritage
Homes
Corp.
3,819
265,153
Newell
Brands,
Inc.
24,625
153,906
Sonos,
Inc.*
6,959
108,560
XMAX,
Inc.(b)
3,511
31,494
2,459,725
Household
Products
—
0.3%
Central
Garden
&
Pet
Co.*
477
20,501
Central
Garden
&
Pet
Co.,
Class
a
A*
2,887
107,425
Energizer
Holdings,
Inc.
3,562
77,580
Oil-Dri
Corp.
of
America
573
51,559
Spectrum
Brands
Holdings,
Inc.
1,303
112,462
WD-40
Co.
784
167,894
537,421
Independent
Power
and
Renewable
Electricity
Producers
—
0.2%
Hallador
Energy
Co.*
2,020
33,491
Montauk
Renewables,
Inc.*
3,919
6,741
Ormat
Technologies,
Inc.
3,595
366,690
406,922
Industrial
Conglomerates
—
0.1%
Brookfield
Business
Corp.,
Class
a
A(b)
4,006
109,724
Industrial
REITs
—
0.4%
Industrial
Logistics
Properties
Trust,
REIT
3,255
26,870
Innovative
Industrial
Properties,
Inc.,
REIT
1,649
93,861
LXP
Industrial
Trust,
REIT
3,368
204,471
One
Liberty
Properties,
Inc.,
REIT
1,011
24,193
Terreno
Realty
Corp.,
REIT
6,127
405,669
755,064
Insurance
—
2.1%
Abacus
Global
Management,
Inc.
1,610
15,456
Accelerant
Holdings,
Class
a
A*
3,497
68,996
American
Coastal
Insurance
Corp.
1,444
13,675
American
Integrity
Insurance
Group,
Inc.
694
18,044
AMERISAFE,
Inc.
1,083
28,201
Ategrity
Specialty
Holdings
LLC*
534
14,028
Baldwin
Insurance
Group,
Inc.
(The),
Class
a
A*
5,611
173,099
Bowhead
Specialty
Holdings,
Inc.*
1,050
35,196
Citizens,
Inc.,
Class
a
A(b)
2,632
9,896
Investments
Shares
Value
Common
Stocks
(a)
(continued)
CNO
Financial
Group,
Inc.
5,374
$
294,441
Crawford
&
Co.,
Class
a
A
941
12,346
Donegal
Group,
Inc.,
Class
a
A
989
18,910
Employers
Holdings,
Inc.
1,068
52,428
Exzeo
Group,
Inc.*
472
7,920
F&G
Annuities
&
Life,
Inc.
2,037
48,481
Genworth
Financial,
Inc.,
Class
a
A*
22,090
219,575
Goosehead
Insurance,
Inc.,
Class
a
A*
1,337
91,785
Greenlight
Capital
Re
Ltd.,
Class
a
A*
1,507
22,846
Hamilton
Insurance
Group
Ltd.,
Class
a
B
2,662
93,596
HCI
Group,
Inc.
644
119,610
Heritage
Insurance
Holdings,
Inc.*
1,419
47,707
Hippo
Holdings,
Inc.*
1,092
35,894
Horace
Mann
Educators
Corp.
2,334
118,777
Investors
Title
Co.
82
24,141
James
River
Group
Holdings,
Inc.
2,142
8,589
Kemper
Corp.
3,417
96,291
Kingstone
Cos.,
Inc.
669
13,146
Kingsway
Corp.*
1,242
12,805
Lemonade,
Inc.*
4,117
215,031
MBIA,
Inc.*
2,659
12,843
Mercury
General
Corp.
1,560
159,058
Neptune
Insurance
Holdings,
Inc.,
Class
a
A*
2,181
72,649
NI
Holdings,
Inc.*
387
5,805
Octave
Specialty
Group,
Inc.*
2,368
10,325
Oscar
Health,
Inc.,
Class
a
A*
13,790
413,148
Palomar
Holdings,
Inc.
1,521
201,639
Pelagos
Insurance
Capital
Ltd.
2,517
61,440
Porch
Group,
Inc.*
5,582
94,838
Root,
Inc.,
Class
a
A*
737
40,896
Safety
Insurance
Group,
Inc.
844
87,557
Selective
Insurance
Group,
Inc.
3,489
318,511
SiriusPoint
Ltd.*
6,078
147,027
Skyward
Specialty
Insurance
Group,
Inc.*
2,403
137,956
Slide
Insurance
Holdings,
Inc.
3,790
88,118
Stewart
Information
Services
Corp.
1,753
120,343
Tiptree,
Inc.,
Class
a
A
1,352
25,039
Trupanion,
Inc.*
1,941
56,580
United
Fire
Group,
Inc.
1,241
66,853
Universal
Insurance
Holdings,
Inc.
1,454
62,493
4,114,028
Interactive
Media
&
Services
—
0.5%
Angi,
Inc.,
Class
a
A*
1,683
7,826
Bumble,
Inc.,
Class
a
A(b)
5,800
15,892
Cargurus,
Inc.,
Class
a
A*
4,311
153,730
Cars.com,
Inc.*
2,605
30,479
EverQuote,
Inc.,
Class
a
A*
1,618
41,162
fuboTV,
Inc.,
Class
a
A*
1,652
17,396
Grindr,
Inc.*
1,505
23,297
MediaAlpha,
Inc.,
Class
a
A*
1,768
22,312
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
125
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Nextdoor
Holdings,
Inc.*
13,421
$
30,197
QuinStreet,
Inc.*
3,163
61,489
RUM
Group,
Inc.*
6,469
57,962
Shutterstock,
Inc.
1,489
8,249
Taboola.com
Ltd.*
7,303
27,240
TripAdvisor,
Inc.*
6,539
62,251
Trump
Media
&
Technology
Group
Corp.*
9,338
91,232
Webtoon
Entertainment,
Inc.*
1,221
12,869
WeShop
Holdings
Ltd.,
Class
a
A(b)
81
408
Yelp,
Inc.,
Class
a
A*
3,067
68,548
Ziff
Davis,
Inc.*
1,996
110,079
ZipRecruiter,
Inc.,
Class
a
A*
3,762
16,026
ZoomInfo
Technologies,
Inc.,
Class
a
A*
14,091
59,746
918,390
IT
Services
—
0.4%
Backblaze,
Inc.,
Class
a
A*
3,357
47,434
BigBear.ai
Holdings,
Inc.(b)
27,979
87,574
Brand
Engagement
Network,
Inc.(b)
255
2,871
Commerce.com,
Inc.,
Series
1*
4,348
10,479
Crexendo,
Inc.*
1,059
6,502
DXC
Technology
Co.*
9,853
111,339
Everforth,
Inc.*
2,330
75,539
Fastly,
Inc.,
Class
a
A*
8,766
199,777
Globant
SA*
2,470
100,554
Grid
Dynamics
Holdings,
Inc.*
3,799
30,316
Hackett
Group,
Inc.
(The)
1,286
14,416
Information
Services
Group,
Inc.
2,016
10,322
Rackspace
Technology,
Inc.(b)
5,267
16,486
SharonAI
Holdings,
Inc.(b)
244
13,386
TSS,
Inc.*
1,402
11,034
Tucows,
Inc.,
Class
a
A(b)
399
4,221
Unisys
Corp.*
3,745
10,111
Whitefiber,
Inc.*
651
12,317
764,678
Leisure
Products
—
0.4%
Acushnet
Holdings
Corp.
1,602
138,397
Callaway
Golf
Co.*
8,083
126,984
Escalade,
Inc.
487
9,818
Funko,
Inc.,
Class
a
A*
2,434
16,356
JAKKS
Pacific,
Inc.
534
13,409
Johnson
Outdoors,
Inc.,
Class
a
A
370
16,650
Latham
Group,
Inc.*
2,966
20,970
Malibu
Boats,
Inc.,
Class
a
A*
1,145
30,869
MasterCraft
Boat
Holdings,
Inc.*
1,054
24,537
Peloton
Interactive,
Inc.,
Class
a
A*
23,407
125,461
Polaris,
Inc.
3,133
202,204
Smith
&
Wesson
Brands,
Inc.
2,563
32,601
Sturm
Ruger
&
Co.,
Inc.
794
30,148
Tron,
Inc.*
2,957
5,175
793,579
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Life
Sciences
Tools
&
Services
—
0.6%
10X
Genomics,
Inc.,
Class
a
A*
6,821
$
425,971
Adaptive
Biotechnologies
Corp.*
8,818
219,745
Alamar
Biosciences,
Inc.*
760
23,210
Alpha
Teknova,
Inc.(b)
641
4,602
Azenta,
Inc.*
2,406
78,556
BioLife
Solutions,
Inc.*
2,441
90,488
Codexis,
Inc.*
4,947
8,410
CryoPort,
Inc.*
2,834
45,344
Cytek
Biosciences,
Inc.*
6,961
33,274
Fortrea
Holdings,
Inc.*
5,526
101,513
Ginkgo
Bioworks
Holdings,
Inc.*
2,728
18,578
Lifecore
Biomedical,
Inc.*
1,620
7,225
Maravai
LifeSciences
Holdings,
Inc.,
Class
a
A*
6,457
49,332
Mesa
Laboratories,
Inc.
306
39,128
Nautilus
Biotechnology,
Inc.,
Class
a
A*
2,847
2,768
OmniAb,
Inc.*
6,295
27,572
Pacific
Biosciences
of
California,
Inc.*
16,149
21,882
Personalis,
Inc.*
3,882
65,140
Quanterix
Corp.*
2,443
6,523
1,269,261
Machinery
—
2.7%
3D
Systems
Corp.*
8,306
27,244
Aebi
Schmidt
Holding
AG
2,150
27,197
AirJoule
Technologies
Corp.*
1,862
8,435
Alamo
Group,
Inc.
605
99,571
Albany
International
Corp.,
Class
a
A
1,657
91,848
Alliance
Laundry
Holdings,
Inc.*
3,649
83,599
Astec
Industries,
Inc.
1,330
56,591
Atmus
Filtration
Technologies,
Inc.
4,777
225,618
Blue
Bird
Corp.*
1,826
106,182
CECO
Environmental
Corp.*
3,018
214,882
Columbus
McKinnon
Corp.
1,643
29,015
Commercial
Vehicle
Group,
Inc.*
1,782
5,524
Douglas
Dynamics,
Inc.
1,334
54,787
Elmet
Group
Co.
(The)*
571
9,370
Energy
Recovery,
Inc.*
2,988
23,037
Enerpac
Tool
Group
Corp.,
Class
a
A
2,983
111,326
Enpro,
Inc.
1,234
365,535
ESCO
Technologies,
Inc.
1,517
414,187
Federal
Signal
Corp.
3,494
408,798
Franklin
Electric
Co.,
Inc.
2,191
219,297
FreightCar
America,
Inc.*
853
5,877
Gencor
Industries,
Inc.*
600
11,136
Gorman-Rupp
Co.
(The)
1,224
92,290
Graham
Corp.*
611
53,285
Greenbrier
Cos.,
Inc.
(The)
1,770
79,774
Helios
Technologies,
Inc.
1,910
139,468
Hillman
Solutions
Corp.*
11,420
87,934
RUSSELL
2000
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
126
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Hyster-Yale,
Inc.
643
$
21,772
JBT
Marel
Corp.
3,038
355,051
Kadant,
Inc.
689
206,107
Kennametal,
Inc.
4,441
130,299
L
B
Foster
Co.,
Class
a
A*
567
21,268
Lindsay
Corp.
595
68,371
Luxfer
Holdings
plc
1,545
26,543
Manitowoc
Co.,
Inc.
(The)*
2,028
39,384
Mayville
Engineering
Co.,
Inc.*
839
16,243
Microvast
Holdings,
Inc.(b)
12,100
8,688
Miller
Industries,
Inc.
632
35,405
Mueller
Water
Products,
Inc.,
Class
a
A
8,999
217,236
Omega
Flex,
Inc.
205
5,461
Palladyne
AI
Corp.(b)
2,073
11,837
Park-Ohio
Holdings
Corp.
577
26,040
Perma-Pipe
International
Holdings,
Inc.*
423
11,603
Proto
Labs,
Inc.*
1,380
110,483
Richtech
Robotics,
Inc.,
Class
a
B(b)
10,707
20,022
Standex
International
Corp.
697
201,893
Taylor
Devices,
Inc.*
183
10,984
Tennant
Co.
1,029
71,618
Terex
Corp.
6,592
418,658
Titan
International,
Inc.*
3,042
21,872
Trinity
Industries,
Inc.
4,623
133,235
Twin
Disc,
Inc.
661
15,170
Velo3D,
Inc.(b)
946
11,267
Wabash
National
Corp.
2,277
30,717
Worthington
Enterprises,
Inc.
1,791
102,875
5,401,909
Marine
Transportation
—
0.3%
Costamare
Bulkers
Holdings
Ltd.*
489
10,010
Costamare,
Inc.
2,581
39,438
Genco
Shipping
&
Trading
Ltd.
1,865
48,919
Himalaya
Shipping
Ltd.
1,696
28,391
Matson,
Inc.
1,743
391,844
Pangaea
Logistics
Solutions
Ltd.
2,051
16,654
Safe
Bulkers,
Inc.
3,166
27,322
562,578
Media
—
0.5%
Advantage
Solutions,
Inc.*
246
8,111
AMC
Global
Media,
Inc.,
Class
a
A(b)
1,816
22,863
Boston
Omaha
Corp.,
Class
a
A*
1,263
17,417
Cable
One,
Inc.*
300
8,214
Clear
Channel
Outdoor
Holdings,
Inc.*
22,388
53,060
DoubleVerify
Holdings,
Inc.*
8,080
108,272
Entravision
Communications
Corp.,
Class
a
A
3,665
29,283
EW
Scripps
Co.
(The),
Class
a
A*
3,310
10,956
GD
Culture
Group
Ltd.*
16
24
Gray
Media,
Inc.
5,080
24,790
Ibotta,
Inc.,
Class
a
A*
569
21,173
Investments
Shares
Value
Common
Stocks
(a)
(continued)
iHeartMedia,
Inc.,
Class
a
A*
7,055
$
19,190
John
Wiley
&
Sons,
Inc.,
Class
a
A
2,259
118,349
Lee
Enterprises,
Inc.(b)
379
3,032
Magnite,
Inc.*
8,263
194,098
MNTN,
Inc.,
Class
a
A*
2,684
35,295
National
CineMedia,
Inc.
3,819
9,624
Newsmax,
Inc.,
Class
a
B*
2,752
29,612
Nexxen
International
Ltd.*
1,736
16,926
Optimum
Communications,
Inc.,
Class
a
A*
15,254
14,836
PubMatic,
Inc.,
Class
a
A*
2,234
37,151
Scholastic
Corp.
871
33,446
Sinclair,
Inc.
2,419
34,108
Stagwell,
Inc.,
Class
a
A*
5,986
51,958
TechTarget,
Inc.*
1,745
6,753
USA
Today
Co.,
Inc.*
7,855
49,408
957,949
Metals
&
Mining
—
1.8%
Alpha
Metallurgical
Resources,
Inc.*
611
144,013
American
Battery
Technology
Co.*
7,408
20,002
Ampco-Pittsburgh
Corp.*
929
7,971
Caledonia
Mining
Corp.
plc
964
24,399
Century
Aluminum
Co.*
4,014
183,721
Commercial
Metals
Co.
6,456
435,586
Compass
Minerals
International,
Inc.*
1,836
45,643
Constellium
SE,
Class
a
A*
7,751
204,859
Contango
Silver
&
Gold,
Inc.*
1,508
29,406
Critical
Metals
Corp.(b)
3,886
28,018
Dakota
Gold
Corp.*
6,683
40,633
Elemental
Royalty
Corp.
2,043
43,965
Ferroglobe
plc
6,919
28,437
Friedman
Industries,
Inc.
390
16,867
Hycroft
Mining
Holding
Corp.,
Class
a
A*
3,124
73,195
Idaho
Strategic
Resources,
Inc.*
878
28,570
Ivanhoe
Electric,
Inc.*
6,948
76,845
Kaiser
Aluminum
Corp.
945
150,047
Lifezone
Metals
Ltd.*
2,232
10,334
Materion
Corp.
1,199
283,060
McEwen,
Inc.*
2,991
60,299
Metallus,
Inc.*
2,102
41,031
NioCorp
Developments
Ltd.*
8,199
34,354
Novagold
Resources,
Inc.*
19,951
171,579
Perpetua
Resources
Corp.*
4,921
122,730
Ramaco
Resources,
Inc.,
Class
a
A*
2,512
35,771
Ramaco
Resources,
Inc.,
Class
a
B*
405
3,062
REalloys,
Inc.*
3,260
33,741
Ryerson
Holding
Corp.
2,594
65,006
Silver
Bow
Mining
Corp.*
309
2,722
SSR
Mining,
Inc.(b)
12,633
475,127
SunCoke
Energy,
Inc.
4,937
50,999
Tredegar
Corp.*
1,592
12,242
U.S.
Gold
Corp.*
821
12,980
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
127
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
U.S.
GoldMining,
Inc.*
172
$
1,539
United
States
Antimony
Corp.
(b)
7,660
37,304
USA
Rare
Earth,
Inc.*
11,115
198,069
Vista
Gold
Corp.*
8,272
18,033
Vox
Royalty
Corp.
3,571
19,623
Warrior
Met
Coal,
Inc.
3,039
328,941
Worthington
Steel,
Inc.
1,910
65,800
3,666,523
Mortgage
Real
Estate
Investment
Trusts
(REITs)
—
0.6%
ACRES
Commercial
Realty
Corp.*
332
4,625
Adamas
Trust,
Inc.
4,887
47,599
Angel
Oak
Mortgage
REIT,
Inc.
965
8,010
Arbor
Realty
Trust,
Inc.(b)
10,987
55,045
Ares
Commercial
Real
Estate
Corp.
3,055
13,961
ARMOUR
Residential
REIT,
Inc.(b)
7,278
118,049
Blackstone
Mortgage
Trust,
Inc.,
Class
a
A
9,246
128,519
BrightSpire
Capital,
Inc.,
Class
a
A
7,062
33,545
Chicago
Atlantic
Real
Estate
Finance,
Inc.
1,082
11,772
Chimera
Investment
Corp.
4,825
55,295
Claros
Mortgage
Trust,
Inc.*
5,511
8,762
Dynex
Capital,
Inc.
12,558
161,873
Ellington
Financial,
Inc.
7,137
95,493
Franklin
BSP
Realty
Trust,
Inc.
4,446
37,213
Invesco
Mortgage
Capital,
Inc.
(b)
5,221
38,166
KKR
Real
Estate
Finance
Trust,
Inc.
3,099
23,614
Ladder
Capital
Corp.,
Class
a
A
6,559
64,278
MFA
Financial,
Inc.
5,853
51,623
Nexpoint
Real
Estate
Finance,
Inc.
409
7,047
Orchid
Island
Capital,
Inc.(b)
11,778
77,617
PennyMac
Mortgage
Investment
Trust
5,070
47,252
Ready
Capital
Corp.
8,310
14,709
Redwood
Trust,
Inc.
7,226
33,384
Seven
Hills
Realty
Trust
1,280
9,690
TPG
Mortgage
Investment
Trust,
Inc.
1,716
11,549
TPG
RE
Finance
Trust,
Inc.
4,072
31,477
1,190,167
Multi-Utilities
—
0.4%
Avista
Corp.
4,805
178,554
Black
Hills
Corp.
4,449
318,904
Northwestern
Energy
Group,
Inc.
3,586
248,008
Unitil
Corp.
1,035
55,414
800,880
Office
REITs
—
0.6%
Brandywine
Realty
Trust,
REIT
9,725
29,369
COPT
Defense
Properties,
REIT
6,648
239,328
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Douglas
Emmett,
Inc.,
REIT
9,488
$
109,681
Easterly
Government
Properties,
Inc.,
Class
a
A,
REIT
2,555
62,674
Empire
State
Realty
Trust,
Inc.,
Class
a
A,
REIT
8,232
37,291
Highwoods
Properties,
Inc.,
REIT
6,396
195,718
Hudson
Pacific
Properties,
Inc.,
REIT*
3,067
38,552
JBG
SMITH
Properties,
REIT
3,450
41,573
NET
Lease
Office
Properties,
REIT
867
9,901
Orion
Properties,
Inc.,
REIT
3,077
8,769
Piedmont
Realty
Trust,
Inc.,
Class
a
A,
REIT*
7,263
69,507
Postal
Realty
Trust,
Inc.,
Class
a
A,
REIT(b)
1,530
35,879
SL
Green
Realty
Corp.,
REIT
4,171
233,493
1,111,735
Oil,
Gas
&
Consumable
Fuels
—
3.8%
Aemetis,
Inc.(b)
3,709
6,936
American
Resources
Corp.
5,077
11,982
Amplify
Energy
Corp.*
2,045
10,061
Ardmore
Shipping
Corp.
2,048
35,615
BKV
Corp.*
1,857
44,865
California
Resources
Corp.
4,205
222,991
Calumet,
Inc.*
3,956
196,732
Centrus
Energy
Corp.,
Class
a
A*
1,067
182,884
Clean
Energy
Fuels
Corp.*
9,403
14,951
CNX
Resources
Corp.*
7,911
287,802
Comstock
Resources,
Inc.*
4,068
58,701
Comstock,
Inc.*
4,223
13,978
Core
Natural
Resources,
Inc.
2,911
297,795
Crescent
Energy
Co.,
Class
a
A
14,878
203,680
CVR
Energy,
Inc.
1,715
71,790
Delek
US
Holdings,
Inc.
3,495
259,818
DHT
Holdings,
Inc.
8,440
165,424
Diversified
Energy
Co.
4,062
60,483
Dorian
LPG
Ltd.
2,154
107,786
Encore
Energy
Corp.*
11,155
13,944
Energy
Fuels,
Inc.*
14,892
219,657
Epsilon
Energy
Ltd.
1,169
7,283
Evolution
Petroleum
Corp.
1,843
6,819
Excelerate
Energy,
Inc.,
Class
a
A
1,382
54,755
FLEX
LNG
Ltd.(b)
1,816
57,495
FutureFuel
Corp.
1,490
7,852
Gevo,
Inc.*
13,679
22,707
Golar
LNG
Ltd.
5,626
289,683
Granite
Ridge
Resources,
Inc.
3,229
16,242
Green
Plains,
Inc.*
3,971
57,381
Gulfport
Energy
Corp.*
911
163,479
HighPeak
Energy,
Inc.
1,312
10,745
Infinity
Natural
Resources,
Inc.,
Class
a
A(b)
964
14,884
International
Seaways,
Inc.
2,413
238,018
Kinetik
Holdings,
Inc.,
Class
a
A
2,957
162,132
Kolibri
Global
Energy,
Inc.*
1,686
10,167
Kosmos
Energy
Ltd.*
34,045
97,369
Lightbridge
Corp.(b)
1,964
14,789
RUSSELL
2000
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
128
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Magnolia
Oil
&
Gas
Corp.,
Class
a
A
13,303
$
357,186
Murphy
Oil
Corp.
7,939
289,138
NACCO
Industries,
Inc.,
Class
a
A
234
10,013
Navigator
Holdings
Ltd.
2,122
46,917
New
Era
Energy
&
Digital,
Inc.
(b)
4,601
21,832
NextDecade
Corp.*
9,649
72,754
Nordic
American
Tankers
Ltd.
11,793
80,546
Northern
Oil
&
Gas,
Inc.
6,036
156,996
OPAL
Fuels,
Inc.,
Class
a
A*
1,245
2,478
Par
Pacific
Holdings,
Inc.*
2,814
224,895
PBF
Energy,
Inc.,
Class
a
A
5,659
413,050
Peabody
Energy
Corp.
7,094
210,621
PEDEVCO
Corp.*
88
1,198
PrimeEnergy
Resources
Corp.*
37
7,810
REX
American
Resources
Corp.*
1,679
68,973
Riley
Exploration
Permian,
Inc.
875
34,151
Ring
Energy,
Inc.*
10,965
16,119
Sable
Offshore
Corp.*
7,658
36,988
SandRidge
Energy,
Inc.
1,847
26,080
Scorpio
Tankers,
Inc.
2,664
210,083
SFL
Corp.
Ltd.
7,114
88,569
SM
Energy
Co.
13,958
518,958
Summit
Midstream
Corp.*
515
17,937
Talos
Energy,
Inc.*
7,324
126,412
Teekay
Corp.
Ltd.
3,219
42,362
Teekay
Tankers
Ltd.,
Class
a
A
1,408
126,213
Uranium
Energy
Corp.*
28,315
346,576
Ur-Energy,
Inc.*
21,781
30,929
VAALCO
Energy,
Inc.
5,970
35,462
Vitesse
Energy,
Inc.(b)
1,848
32,322
W&T
Offshore,
Inc.
5,606
20,798
World
Kinect
Corp.
2,892
103,389
7,497,430
Paper
&
Forest
Products
—
0.1%
Clearwater
Paper
Corp.*
906
19,017
Magnera
Corp.*
1,933
24,278
Sylvamo
Corp.
1,938
69,613
112,908
Passenger
Airlines
—
0.4%
Allegiant
Travel
Co.*
1,399
106,394
flyExclusive,
Inc.*
811
949
Frontier
Group
Holdings,
Inc.*
3,409
19,431
JetBlue
Airways
Corp.*
19,520
89,792
Joby
Aviation,
Inc.*
38,788
265,310
Republic
Airways
Holdings,
Inc.*
815
14,189
SkyWest,
Inc.*
2,293
217,055
Wheels
Up
Experience,
Inc.,
Class
a
A*
313
1,384
714,504
Personal
Care
Products
—
0.3%
BellRing
Brands,
Inc.*
6,793
73,161
Coty,
Inc.,
Class
a
A*
20,709
59,021
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Edgewell
Personal
Care
Co.
2,708
$
77,774
Herbalife
Ltd.*
5,874
64,555
Honest
Co.,
Inc.
(The)*
5,506
31,494
Interparfums,
Inc.
1,063
124,828
Nature's
Sunshine
Products,
Inc.*
846
11,971
Niagen
Bioscience,
Inc.*
3,314
10,373
Nu
Skin
Enterprises,
Inc.,
Class
a
A
2,794
13,104
Oddity
Tech
Ltd.,
Class
a
A*
2,307
33,221
USANA
Health
Sciences,
Inc.*
640
9,126
508,628
Pharmaceuticals
—
2.8%
Aclaris
Therapeutics,
Inc.*
6,784
41,043
Alto
Neuroscience,
Inc.*
1,498
52,999
Alumis,
Inc.*
4,518
98,538
Amneal
Pharmaceuticals,
Inc.*
9,774
170,752
Amphastar
Pharmaceuticals,
Inc.*
1,849
41,658
Amylyx
Pharmaceuticals,
Inc.*
5,873
198,214
AN2
Therapeutics,
Inc.*
1,516
8,414
ANI
Pharmaceuticals,
Inc.*
1,175
86,069
Aquestive
Therapeutics,
Inc.(b)
6,180
31,580
Arvinas,
Inc.*
3,404
31,317
AtaiBeckley,
Inc.*
18,332
134,557
Atea
Pharmaceuticals,
Inc.*
4,059
21,716
Avalyn
Pharma,
Inc.(b)
979
34,001
BioAge
Labs,
Inc.*
2,012
19,114
Collegium
Pharmaceutical,
Inc.*
1,884
46,365
Context
Therapeutics,
Inc.*
5,332
2,078
Contineum
Therapeutics,
Inc.,
Class
a
A*
1,540
25,010
CorMedix,
Inc.(b)
4,269
35,262
Crinetics
Pharmaceuticals,
Inc.*
5,934
504,093
Definium
Therapeutics,
Inc.*
7,445
295,715
Edgewise
Therapeutics,
Inc.*
4,092
170,923
Enliven
Therapeutics,
Inc.*
2,452
141,946
Eton
Pharmaceuticals,
Inc.*
1,527
92,292
Evolus,
Inc.*
3,399
30,897
EyePoint,
Inc.*
4,429
19,930
Fulcrum
Therapeutics,
Inc.*
3,396
13,210
Harmony
Biosciences
Holdings,
Inc.*
2,584
101,758
Harrow,
Inc.(b)
1,852
68,357
Indivior
Pharmaceuticals,
Inc.*
6,864
239,759
Innoviva,
Inc.*
4,325
89,830
LB
Pharmaceuticals,
Inc.*
1,280
60,493
LENZ
Therapeutics,
Inc.(b)
1,174
6,117
Lexicon
Pharmaceuticals,
Inc.*
14,242
32,044
Ligand
Pharmaceuticals,
Inc.*
1,148
326,147
Liquidia
Corp.*
4,036
275,134
Maze
Therapeutics,
Inc.*
2,018
53,618
MBX
Biosciences,
Inc.*
1,776
109,402
MediWound
Ltd.(b)
588
7,415
Nektar
Therapeutics*
1,973
140,833
Neumora
Therapeutics,
Inc.*
5,873
7,811
Nuvation
Bio,
Inc.*
14,423
96,057
Ocular
Therapeutix,
Inc.*
11,783
123,604
Omeros
Corp.(b)
4,128
77,565
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
129
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Oramed
Pharmaceuticals,
Inc.
1,951
$
9,794
Pacira
BioSciences,
Inc.*
2,268
58,741
Perrigo
Co.
plc
8,061
118,013
Phathom
Pharmaceuticals,
Inc.
(b)
2,815
26,940
Phibro
Animal
Health
Corp.,
Class
a
A
1,197
45,175
Prestige
Consumer
Healthcare,
Inc.*
2,743
142,033
Rapport
Therapeutics,
Inc.*
1,751
85,221
Relmada
Therapeutics,
Inc.*
5,413
23,601
Septerna,
Inc.*
1,267
48,336
SIGA
Technologies,
Inc.
2,420
7,599
SpyGlass
Pharma,
Inc.(b)
633
16,521
Supernus
Pharmaceuticals,
Inc.*
3,213
142,047
Tarsus
Pharmaceuticals,
Inc.*
2,398
178,027
Theravance
Biopharma,
Inc.*
2,309
39,345
Third
Harmonic
Bio,
Inc.*‡
522
—
Trevi
Therapeutics,
Inc.*
6,132
101,791
VeraDermics,
Inc.*
1,246
122,619
Wave
Life
Sciences,
Inc.*
7,896
38,690
Xeris
Biopharma
Holdings,
Inc.*
9,814
82,830
Zevra
Therapeutics,
Inc.*
3,372
39,587
5,490,547
Professional
Services
—
1.2%
Asure
Software,
Inc.*
1,397
12,741
Barrett
Business
Services,
Inc.
1,372
47,197
BlackSky
Technology,
Inc.*
1,916
44,259
CBIZ,
Inc.*
2,816
153,444
Clarivate
plc*
20,031
41,063
Concentrix
Corp.
2,446
73,625
Conduent,
Inc.*
8,233
14,161
CRA
International,
Inc.
362
63,169
Exponent,
Inc.
2,821
200,319
Falcon's
Beyond
Global,
Inc.,
Class
a
A(b)
1,604
14,340
First
Advantage
Corp.*
4,601
96,713
Franklin
Covey
Co.*
539
10,969
HireQuest,
Inc.
319
5,091
Huron
Consulting
Group,
Inc.*
949
151,736
IBEX
Holdings
Ltd.*
571
21,961
ICF
International,
Inc.
1,047
93,288
Innodata,
Inc.*
1,821
102,741
Insperity,
Inc.
2,112
112,675
Kelly
Services,
Inc.,
Class
a
A
1,719
29,567
Kforce,
Inc.
968
55,737
Korn
Ferry
3,019
258,275
Legalzoom.com,
Inc.*
6,891
42,931
ManpowerGroup,
Inc.
2,680
168,706
Maximus,
Inc.
3,151
182,033
Mistras
Group,
Inc.*
1,012
18,985
Public
Policy
Holding
Co.,
Inc.
(c)
251
2,721
RCM
Technologies,
Inc.*
262
10,899
Resolute
Holdings
Management,
Inc.*
229
31,034
Spire
Global,
Inc.*
1,740
23,090
TIC
Solutions,
Inc.*
10,374
98,449
Investments
Shares
Value
Common
Stocks
(a)
(continued)
TriNet
Group,
Inc.
1,603
$
112,675
TrueBlue,
Inc.*
1,643
17,235
Upwork,
Inc.*
6,896
62,271
Verra
Mobility
Corp.,
Class
a
A*
8,799
38,979
Willdan
Group,
Inc.*
839
73,790
2,486,869
Real
Estate
Management
&
Development
—
0.6%
AGNT,
Inc.
5,418
22,322
American
Realty
Investors,
Inc.*
78
1,170
Compass,
Inc.,
Class
a
A*
41,149
434,534
Comstock
Holding
Cos.,
Inc.,
Class
a
A*
205
4,051
Cushman
&
Wakefield
Ltd.*
13,675
184,476
Douglas
Elliman,
Inc.*
4,193
7,757
Forestar
Group,
Inc.*
1,130
31,945
FRP
Holdings,
Inc.*
673
14,900
Marcus
&
Millichap,
Inc.
1,317
41,696
Maui
Land
&
Pineapple
Co.,
Inc.*
367
5,813
Newmark
Group,
Inc.,
Class
a
A
9,068
138,106
Opendoor
Technologies,
Inc.*
53,902
172,486
Real
REMAX
Group,
Inc.*
1,442
27,369
RMR
Group,
Inc.
(The),
Class
a
A
905
17,485
Seaport
Entertainment
Group,
Inc.*
432
11,357
St
Joe
Co.
(The)
2,225
147,073
Tejon
Ranch
Co.*
1,230
19,778
Transcontinental
Realty
Investors,
Inc.*
64
2,335
1,284,653
Residential
REITs
—
0.2%
BRT
Apartments
Corp.,
REIT
576
8,249
Centerspace,
REIT
980
51,440
Independence
Realty
Trust,
Inc.,
REIT
13,740
222,313
NexPoint
Residential
Trust,
Inc.,
REIT
1,314
31,155
UMH
Properties,
Inc.,
REIT
4,713
77,529
390,686
Retail
REITs
—
1.1%
Acadia
Realty
Trust,
REIT
7,813
159,932
Alexander's,
Inc.,
REIT
125
33,958
CBL
&
Associates
Properties,
Inc.,
REIT
1,070
58,518
Curbline
Properties
Corp.,
REIT
5,667
169,047
FrontView
REIT,
Inc.
1,234
23,816
Getty
Realty
Corp.,
REIT
3,336
108,153
InvenTrust
Properties
Corp.,
REIT
4,540
146,687
Kite
Realty
Group
Trust,
REIT
11,843
305,549
Macerich
Co.
(The),
REIT
16,360
386,423
NETSTREIT
Corp.,
REIT(b)
5,675
115,543
Phillips
Edison
&
Co.,
Inc.,
REIT
7,366
284,696
Saul
Centers,
Inc.,
REIT
762
24,849
SITE
Centers
Corp.,
REIT
2,921
8,617
Tanger,
Inc.,
REIT
6,566
247,604
RUSSELL
2000
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
130
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Urban
Edge
Properties,
REIT
7,404
$
156,669
2,230,061
Semiconductors
&
Semiconductor
Equipment
—
2.3%
ACM
Research,
Inc.,
Class
a
A*
3,087
224,795
Aehr
Test
Systems*
1,751
138,802
Aeluma,
Inc.*
742
9,720
Alpha
&
Omega
Semiconductor
Ltd.*
1,417
34,943
Ambarella,
Inc.*
2,440
169,287
Ambiq
Micro,
Inc.*
1,064
62,042
Amtech
Systems,
Inc.*
672
9,825
Atomera,
Inc.*
2,194
9,127
Axcelis
Technologies,
Inc.*
1,795
207,017
AXT,
Inc.*
3,573
216,560
Blaize
Holdings,
Inc.(b)
4,925
2,401
Canadian
Solar,
Inc.(b)
2,800
34,524
CEVA,
Inc.*
1,587
42,928
Cohu,
Inc.*
2,673
123,225
Diodes,
Inc.*
2,633
239,076
Everspin
Technologies,
Inc.*
1,115
18,119
GSI
Technology,
Inc.*
1,813
10,044
Ichor
Holdings
Ltd.*
2,009
107,622
Impinj,
Inc.*
1,674
291,812
indie
Semiconductor,
Inc.,
Class
a
A*
12,267
45,572
inTEST
Corp.*
670
7,236
Kopin
Corp.*
10,035
44,555
Kulicke
&
Soffa
Industries,
Inc.
2,970
237,778
MaxLinear,
Inc.,
Class
a
A*
4,958
297,034
Navitas
Semiconductor
Corp.,
Class
a
A*
10,519
121,915
NVE
Corp.
280
28,034
PDF
Solutions,
Inc.*
1,892
84,156
Penguin
Solutions,
Inc.*
2,881
141,399
Photronics,
Inc.*
3,332
93,763
Power
Integrations,
Inc.
3,210
164,930
QuickLogic
Corp.*
948
10,172
Rigetti
Computing,
Inc.(b)
19,188
300,484
Silicon
Laboratories,
Inc.*
1,897
415,538
Synaptics,
Inc.*
2,226
215,299
T1
Energy,
Inc.(b)
10,258
45,648
Toyo
Co.
Ltd.*
466
1,962
Ultra
Clean
Holdings,
Inc.*
2,575
174,662
Veeco
Instruments,
Inc.*
3,445
152,614
Wolfspeed,
Inc.(b)
1,652
45,265
4,579,885
Software
—
5.5%
8x8,
Inc.*
7,982
15,006
A10
Networks,
Inc.
4,148
105,318
ACI
Worldwide,
Inc.*
5,888
313,713
Adeia,
Inc.
6,382
161,018
Agilysys,
Inc.*
1,508
175,546
Alarm.com
Holdings,
Inc.*
2,741
157,772
Alkami
Technology,
Inc.*
3,890
79,356
Amplitude,
Inc.,
Class
a
A*
5,515
77,761
Appian
Corp.,
Class
a
A*
2,284
98,098
Arteris,
Inc.*
2,005
43,869
Asana,
Inc.,
Class
a
A*
5,579
57,241
Investments
Shares
Value
Common
Stocks
(a)
(continued)
AvePoint,
Inc.*
9,708
$
135,135
Bit
Digital,
Inc.(b)
18,824
26,918
Bitdeer
Technologies
Group,
Class
a
A*
7,430
80,616
Blackbaud,
Inc.*
2,070
99,484
BlackLine,
Inc.*
2,849
94,644
Blend
Labs,
Inc.,
Class
a
A*
10,545
16,345
Box,
Inc.,
Class
a
A*
7,858
281,159
Braze,
Inc.,
Class
a
A*
5,479
186,505
C3.ai,
Inc.,
Class
a
A*
7,869
85,143
Cerence,
Inc.*
2,556
21,573
Cipher
Digital,
Inc.(b)
19,436
301,258
Cleanspark,
Inc.*
14,489
168,362
Clear
Secure,
Inc.,
Class
a
A
5,458
240,971
Commvault
Systems,
Inc.*
2,562
352,326
Consensus
Cloud
Solutions,
Inc.*
1,034
39,551
Core
Scientific,
Inc.*
17,970
292,911
CS
Disco,
Inc.*
1,627
7,126
Daily
Journal
Corp.*
77
47,966
Digimarc
Corp.*
771
4,611
Digital
Turbine,
Inc.*
6,463
69,542
Domo,
Inc.,
Class
a
B*
2,180
8,240
Duos
Technologies
Group,
Inc.*
1,515
14,059
D-Wave
Quantum,
Inc.(b)
21,140
363,608
eGain
Corp.*
958
7,147
EverCommerce,
Inc.(b)
820
7,273
Five9,
Inc.*
4,382
151,442
Freshworks,
Inc.,
Class
a
A*
12,284
170,993
Hut
8
Corp.*
5,914
465,077
I3
Verticals,
Inc.,
Class
a
A*
1,264
20,287
Intapp,
Inc.*
3,213
139,348
Intellicheck,
Inc.*
1,059
2,928
InterDigital,
Inc.
1,496
501,205
JFrog
Ltd.*
6,249
625,337
Kaltura,
Inc.*
5,236
8,273
Keel
Infrastructure
Corp.*
33,787
106,429
Life360,
Inc.*
1,079
46,246
LiveRamp
Holdings,
Inc.*
3,579
135,000
MARA
Holdings,
Inc.*
22,192
239,008
Mitek
Systems,
Inc.*
2,585
47,719
N-able,
Inc.*
4,088
16,270
nCino,
Inc.*
6,151
139,013
NCR
Voyix
Corp.*
8,077
67,685
NextNav,
Inc.*
5,806
92,141
OneSpan,
Inc.
2,135
35,270
Ooma,
Inc.*
1,473
33,349
PagerDuty,
Inc.*
4,683
66,218
PAR
Technology
Corp.*
2,403
45,176
Progress
Software
Corp.*
2,419
111,927
Q2
Holdings,
Inc.*
3,638
236,616
Qualys,
Inc.*
2,082
387,543
Rapid7,
Inc.*
3,821
51,431
Red
Violet,
Inc.*
656
47,993
ReposiTrak,
Inc.
712
5,703
Rimini
Street,
Inc.*
2,850
15,989
Riot
Platforms,
Inc.*
20,434
388,144
Roadzen,
Inc.*
2,636
3,717
ServiceTitan,
Inc.,
Class
a
A*
3,514
344,513
Silvaco
Group,
Inc.*
696
4,830
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
131
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Soluna
Holdings,
Inc.*
6,000
$
6,480
SoundHound
AI,
Inc.,
Class
a
A(b)
22,901
163,971
Sprinklr,
Inc.,
Class
a
A*
6,352
52,150
Sprout
Social,
Inc.,
Class
a
A*
3,123
35,540
SPS
Commerce,
Inc.*
2,135
182,329
Telos
Corp.*
3,204
15,443
Tenable
Holdings,
Inc.*
6,582
251,103
Teradata
Corp.*
5,478
158,862
Thryv
Holdings,
Inc.*
1,940
3,705
Varonis
Systems,
Inc.,
Class
a
B*
6,539
286,212
Veritone,
Inc.*
4,824
3,829
Vertex,
Inc.,
Class
a
A*
4,168
59,019
Via
Transportation,
Inc.,
Class
a
A*
3,022
84,404
Viant
Technology,
Inc.,
Class
a
A*
980
12,622
Weave
Communications,
Inc.*
3,746
27,383
Workiva,
Inc.,
Class
a
A*
2,977
238,160
Xperi,
Inc.*
2,633
15,640
Yext,
Inc.*
4,959
33,572
ZenaTech,
Inc.*
2,478
4,337
Zeta
Global
Holdings
Corp.,
Class
a
A*
12,999
402,579
11,027,331
Specialized
REITs
—
0.3%
Farmland
Partners,
Inc.,
REIT
2,363
24,315
Four
Corners
Property
Trust,
Inc.,
REIT
6,370
158,486
Gladstone
Land
Corp.,
REIT(b)
2,326
21,353
Outfront
Media,
Inc.,
REIT
9,234
271,295
Safehold,
Inc.,
REIT
3,256
49,296
Smartstop
Self
Storage
REIT,
Inc.,
REIT
3,231
104,910
629,655
Specialty
Retail
—
1.8%
1-800-Flowers.com,
Inc.,
Class
a
A(b)
1,301
4,749
Abercrombie
&
Fitch
Co.,
Class
a
A*
2,556
365,712
Academy
Sports
&
Outdoors,
Inc.
3,734
160,413
Advance
Auto
Parts,
Inc.
3,520
148,474
American
Eagle
Outfitters,
Inc.
9,097
151,283
Arhaus,
Inc.,
Class
a
A
3,017
26,278
Arko
Corp.
4,249
19,375
ARKO
Petroleum
Corp.,
Class
a
A
708
12,850
Asbury
Automotive
Group,
Inc.*
1,125
237,825
Barnes
&
Noble
Education,
Inc.
956
11,568
Bob's
Discount
Furniture,
Inc.*
1,124
18,917
Boot
Barn
Holdings,
Inc.*
1,781
268,272
Buckle,
Inc.
(The)
1,862
79,321
Build-A-Bear
Workshop,
Inc.(b)
694
21,007
Caleres,
Inc.
1,909
23,252
Camping
World
Holdings,
Inc.,
Class
a
A
3,527
22,784
Citi
Trends,
Inc.*
288
19,603
Designer
Brands,
Inc.,
Class
a
A(b)
1,995
10,913
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Envela
Corp.*
397
$
5,479
EVgo,
Inc.,
Class
a
A(b)
7,812
10,468
Genesco,
Inc.*
552
18,475
Group
1
Automotive,
Inc.
674
181,670
Haverty
Furniture
Cos.,
Inc.
790
21,543
J
Jill,
Inc.(b)
395
7,714
Lands'
End,
Inc.*
568
6,719
MarineMax,
Inc.*
1,146
59,798
Monro,
Inc.
1,432
17,843
National
Vision
Holdings,
Inc.*
4,556
77,816
Neighborhood
Intelligence,
Inc.
(b)
4,275
16,801
OneWater
Marine,
Inc.,
Class
a
A*
677
8,117
Outdoor
Holding
Co.*
6,160
13,306
Petco
Health
&
Wellness
Co.,
Inc.,
Class
a
A*
5,296
14,087
RealReal,
Inc.
(The)*
6,450
66,048
Rent
the
Runway,
Inc.,
Class
a
A*
478
1,702
Revolve
Group,
Inc.,
Class
a
A*
2,413
53,617
RH*
900
134,235
RideNow
Group,
Inc.,
Class
a
B*
901
5,100
Sally
Beauty
Holdings,
Inc.*
5,563
91,122
Shoe
Station
Group,
Inc.
1,060
14,522
Signet
Jewelers
Ltd.
2,271
186,858
Sonic
Automotive,
Inc.,
Class
a
A
698
54,898
Stitch
Fix,
Inc.,
Class
a
A*
6,733
21,344
ThredUp,
Inc.,
Class
a
A*
6,023
16,202
Torrid
Holdings,
Inc.*
1,968
4,330
Upbound
Group,
Inc.
3,163
57,883
Urban
Outfitters,
Inc.*
3,324
268,213
Victoria's
Secret
&
Co.*
4,038
344,886
Warby
Parker,
Inc.,
Class
a
A*
5,929
145,853
Winmark
Corp.
174
57,893
Zumiez,
Inc.*
772
13,819
3,600,957
Technology
Hardware,
Storage
&
Peripherals
—
0.3%
Corsair
Gaming,
Inc.*
2,725
33,109
CPI
Card
Group,
Inc.*
455
13,181
Diebold
Nixdorf,
Inc.*
1,302
88,328
Eastman
Kodak
Co.*
3,695
33,181
GPGI,
Inc.(b)
10,361
136,972
Immersion
Corp.
1,601
12,136
Infleqtion,
Inc.(b)
6,732
87,987
One
Stop
Systems,
Inc.*
1,286
13,400
Quantum
Computing,
Inc.(b)
11,811
97,204
Turtle
Beach
Corp.*
859
11,004
Xerox
Holdings
Corp.(b)
6,985
22,562
549,064
Textiles,
Apparel
&
Luxury
Goods
—
0.5%
Capri
Holdings
Ltd.*
6,874
91,081
Carter's,
Inc.
2,067
66,950
Ermenegildo
Zegna
NV
2,619
35,566
Figs,
Inc.,
Class
a
A*
5,444
83,511
Fossil
Group,
Inc.*
3,117
15,492
G-III
Apparel
Group
Ltd.
2,104
68,569
Kontoor
Brands,
Inc.
3,179
239,728
Movado
Group,
Inc.
876
29,547
Oxford
Industries,
Inc.
813
31,130
RUSSELL
2000
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
132
ITWO
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Playboy,
Inc.*
3,319
$
3,916
Rocky
Brands,
Inc.
413
18,672
Steven
Madden
Ltd.
4,197
181,226
Superior
Group
of
Cos.,
Inc.
614
7,337
Under
Armour,
Inc.,
Class
a
A(b)
11,044
55,662
Under
Armour,
Inc.,
Class
a
C*
10,720
52,850
Wolverine
World
Wide,
Inc.
4,752
93,757
1,074,994
Tobacco
—
0.1%
Turning
Point
Brands,
Inc.
1,086
87,933
Universal
Corp.
1,437
65,384
153,317
Trading
Companies
&
Distributors
—
1.1%
Alta
Equipment
Group,
Inc.*
1,144
6,749
BlueLinx
Holdings,
Inc.*
438
34,878
Boise
Cascade
Co.
2,078
162,105
Custom
Truck
One
Source,
Inc.*
3,508
32,309
Distribution
Solutions
Group,
Inc.*
544
18,926
DNOW,
Inc.*
10,754
172,387
DXP
Enterprises,
Inc.*
746
140,046
EVI
Industries,
Inc.
306
4,287
GATX
Corp.
2,055
359,481
Global
Industrial
Co.
856
33,470
Herc
Holdings,
Inc.
1,918
292,188
Hudson
Technologies,
Inc.*
2,140
11,428
Karat
Packaging,
Inc.
495
23,582
McGrath
RentCorp
1,423
160,002
NPK
International,
Inc.*
4,742
62,974
Rush
Enterprises,
Inc.,
Class
a
A
3,528
271,056
Rush
Enterprises,
Inc.,
Class
a
B
538
41,824
Titan
Machinery,
Inc.*
1,221
25,116
Transcat,
Inc.*
537
46,445
Willis
Lease
Finance
Corp.
656
35,509
Xometry,
Inc.,
Class
a
A*
2,647
245,350
2,180,112
Transportation
Infrastructure
—
0.0%(d)
Sky
Harbour
Group
Corp.(b)
1,291
13,607
Water
Utilities
—
0.3%
American
States
Water
Co.
2,284
203,938
Cadiz,
Inc.(b)
3,278
13,014
California
Water
Service
Group
3,482
173,996
Consolidated
Water
Co.
Ltd.
885
26,346
Global
Water
Resources,
Inc.
803
7,384
H2O
America(b)
2,027
128,451
Middlesex
Water
Co.
1,066
61,828
Pure
Cycle
Corp.*
1,139
12,637
York
Water
Co.
(The)
942
32,103
659,697
Wireless
Telecommunication
Services
—
0.1%
Gogo,
Inc.*
4,594
11,577
Spok
Holdings,
Inc.
1,199
12,601
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Telephone
and
Data
Systems,
Inc.
5,739
$
193,290
217,468
Total
Common
Stocks
(Cost
$159,009,203)
178,681,554
Securities
Lending
Reinvestments
(e)
—
2
.5
%
Investment
Companies
—
2
.5
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(f)
(Cost
$4,933,073)
4,933,073
4,933,073
Principal
Amount
Short-Term
Investments
—
8
.1
%
Repurchase
Agreements
(g)
—
8
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$16,097,246
(Cost
$16,095,641)
$
16,095,641
16,095,641
Total
Investments
—
100.4%
(Cost
$180,037,917)
199,710,268
Liabilities
in
excess
of
other
assets
—
(0.4%)
(
702,035
)
Net
Assets
—
100.0%
$
199,008,233
*
Non-income
producing
security.
‡
Value
determined
using
significant
unobservable
inputs.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$28,250,584.
(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
$5,114,136,
collateralized
in
the
form
of
cash
with
a
value
of
$4,933,073
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$341,850
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
$5,274,923.
(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)
Represents
less
than
0.05%
of
net
assets.
(e)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$4,933,073.
(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
ADR
American
Depositary
Receipt
REIT
Real
Estate
Investment
Trust
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
2000
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
133
ITWO
::
Futures
Contracts
Purchased
Russell
2000
High
Income
ETF
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
131
9/18/2026
U.S.
Dollar
$
19,379,485
$
107,610
Swap
Agreements
Russell
2000
High
Income
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
($)
53,734,177
3/8/2027
BNP
Paribas
N/A
Russell
2000
®
Daily
Covered
Call
Index
451,169
144,267,957
4/6/2027
Goldman
Sachs
International
N/A
Russell
2000
®
Daily
Covered
Call
Index
964,271
198,002,134
1,415,440
Total
Unrealized
Appreciation
1,415,440
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
No
financing
fee
is
paid
or
received
on
this
swap.
RUSSELL
U.S.
DIVIDEND
GROWERS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
134
TMDV
::
Investments
Shares
Value
Common
Stocks
—
99
.7
%
Banks
—
4.7%
Commerce
Bancshares,
Inc.
1,283
$
74,042
Community
Trust
Bancorp,
Inc.
1,008
76,739
United
Bankshares,
Inc.
1,571
74,041
224,822
Beverages
—
4.5%
Brown-Forman
Corp.,
Class
a
B
2,648
70,358
Coca-Cola
Co.
(The)
857
75,990
PepsiCo,
Inc.
491
68,907
215,255
Building
Products
—
1.5%
Carlisle
Cos.,
Inc.
207
71,742
Capital
Markets
—
4.7%
Franklin
Templeton,
Inc.
2,222
75,881
S&P
Global,
Inc.
170
74,093
T.
Rowe
Price
Group,
Inc.
652
72,555
222,529
Chemicals
—
9.1%
Air
Products
and
Chemicals,
Inc.
254
78,603
HB
Fuller
Co.
1,111
61,049
PPG
Industries,
Inc.
597
66,966
RPM
International,
Inc.
656
68,290
Sherwin-Williams
Co.
(The)
222
75,216
Stepan
Co.
1,330
83,271
433,395
Commercial
Services
&
Supplies
—
3.2%
ABM
Industries,
Inc.
1,532
71,437
MSA
Safety,
Inc.
443
82,739
154,176
Consumer
Staples
Distribution
&
Retail
—
4.6%
Sysco
Corp.
888
71,999
Target
Corp.
532
85,588
Walmart,
Inc.
586
61,454
219,041
Containers
&
Packaging
—
1.6%
Sonoco
Products
Co.
1,399
77,155
Distributors
—
2.0%
Genuine
Parts
Co.
690
93,612
Electrical
Equipment
—
1.6%
Emerson
Electric
Co.
497
75,763
Food
Products
—
6.0%
Archer-Daniels-Midland
Co.
896
72,836
Hormel
Foods
Corp.
2,890
63,146
Marzetti
Co.
(The)
645
72,659
Investments
Shares
Value
Common
Stocks
(continued)
McCormick
&
Co.,
Inc.
(Non-Voting)
1,435
$
77,806
286,447
Gas
Utilities
—
4.6%
Atmos
Energy
Corp.
420
69,775
National
Fuel
Gas
Co.
921
76,498
Northwest
Natural
Holding
Co.
1,434
70,366
216,639
Health
Care
Equipment
&
Supplies
—
5.4%
Abbott
Laboratories
788
86,963
Becton
Dickinson
&
Co.
479
90,105
Medtronic
plc
880
79,772
256,840
Hotels,
Restaurants
&
Leisure
—
1.4%
McDonald's
Corp.
248
65,358
Household
Products
—
6.0%
Clorox
Co.
(The)
718
70,134
Colgate-Palmolive
Co.
791
71,048
Kimberly-Clark
Corp.
695
75,025
Procter
&
Gamble
Co.
(The)
476
69,077
285,284
Insurance
—
6.3%
Aflac,
Inc.
606
70,205
Cincinnati
Financial
Corp.
420
71,358
Old
Republic
International
Corp.
1,849
77,159
RLI
Corp.
1,306
82,892
301,614
Machinery
—
7.7%
Dover
Corp.
323
62,736
Gorman-Rupp
Co.
(The)
854
64,392
Illinois
Tool
Works,
Inc.
278
76,553
Nordson
Corp.
248
79,787
Stanley
Black
&
Decker,
Inc.
850
81,914
365,382
Metals
&
Mining
—
1.4%
Nucor
Corp.
271
67,652
Multi-Utilities
—
3.0%
Black
Hills
Corp.
985
70,605
Consolidated
Edison,
Inc.
661
70,740
141,345
Oil,
Gas
&
Consumable
Fuels
—
1.6%
Chevron
Corp.
380
78,333
Pharmaceuticals
—
1.7%
Johnson
&
Johnson
297
78,957
Professional
Services
—
2.0%
Automatic
Data
Processing,
Inc.
313
89,568
AUGUST
31,
2026
(Unaudited)
::
RUSSELL
U.S.
DIVIDEND
GROWERS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
135
TMDV
::
Investments
Shares
Value
Common
Stocks
(continued)
Mobility
Global,
Inc.
170
$
3,451
93,019
Retail
REITs
—
2.8%
Federal
Realty
Investment
Trust,
REIT
566
65,673
NNN
REIT,
Inc.
1,533
69,292
134,965
Specialty
Retail
—
1.4%
Lowe's
Cos.,
Inc.
320
65,504
Tobacco
—
1.3%
Universal
Corp.
1,327
60,379
Trading
Companies
&
Distributors
—
2.9%
McGrath
RentCorp
615
69,151
WW
Grainger,
Inc.
54
70,712
139,863
Water
Utilities
—
6.7%
American
States
Water
Co.
920
82,147
California
Water
Service
Group
1,558
77,853
H2O
America(a)
1,247
79,022
Middlesex
Water
Co.
1,347
78,126
317,148
Total
Common
Stocks
(Cost
$4,447,112)
4,742,219
Securities
Lending
Reinvestments
(b)
—
1
.7
%
Investment
Companies
—
1
.7
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(c)
(Cost
$80,990)
80,990
80,990
Principal
Amount
Short-Term
Investments
—
0
.1
%
Repurchase
Agreements
(d)
—
0
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$5,525
(Cost
$5,524)
$
5,524
5,524
Total
Investments
—
101.5%
(Cost
$4,533,626)
4,828,733
Liabilities
in
excess
of
other
assets
—
(1.5%)
(
73,523
)
Net
Assets
—
100.0%
$
4,755,210
(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
$78,959,
collateralized
in
the
form
of
cash
with
a
value
of
$80,990
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$80,990.
(c)
Rate
shown
is
the
7-day
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
S&P
500
®
AUTOCALLABLE
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
136
ACSP
::
Investments
Shares
Value
Exchange
Traded
Funds
—
78
.5
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(a)(b)
(Cost
$4,005,200)
40,000
$
4,004,800
Total
Investments
—
78.5%
(Cost
$4,005,200)
4,004,800
Other
assets
less
liabilities
—
21.5%
1,093,775
Net
Assets
—
100.0%
$
5,098,575
(a)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(b)
Represents
7-day
effective
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
($)
ProShares
GENIUS
Money
Market
ETF
—
4,005,200
–
–
(400)
4,004,800
40,000
–
Swap
Agreements
S&P
500
®
Autocallable
Income
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
5,103,789
4/6/2028
Bank
of
America
NA
3.63%
S&P
500
Futures
35%
Volatility
Compass
Autocall
Index
(
81,892
)
5,103,789
(
81,892
)
Total
Unrealized
Depreciation
(
81,892
)
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)
::
S&P
500
®
BUYBACK
ARISTOCRATS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
137
BUYB
::
Investments
Shares
Value
Common
Stocks
—
99
.8
%
Aerospace
&
Defense
—
4.2%
Lockheed
Martin
Corp.
586
$
328,881
Northrop
Grumman
Corp.
567
306,010
Textron,
Inc.
3,444
277,448
912,339
Air
Freight
&
Logistics
—
1.6%
Expeditors
International
of
Washington,
Inc.
1,882
356,921
Banks
—
4.2%
Citigroup,
Inc.
2,252
296,408
JPMorgan
Chase
&
Co.
936
333,235
PNC
Financial
Services
Group,
Inc.
(The)
1,255
300,736
930,379
Broadline
Retail
—
1.3%
eBay,
Inc.
2,684
277,955
Building
Products
—
4.4%
A
O
Smith
Corp.
5,202
307,594
Allegion
plc
2,292
355,833
Masco
Corp.
4,084
294,702
958,129
Capital
Markets
—
1.6%
Ameriprise
Financial,
Inc.
631
349,012
Communications
Equipment
—
1.4%
Cisco
Systems,
Inc.
2,718
300,312
Construction
&
Engineering
—
1.3%
Comfort
Systems
USA,
Inc.
184
284,394
Consumer
Finance
—
3.0%
American
Express
Co.
920
303,756
Synchrony
Financial
4,532
349,327
653,083
Consumer
Staples
Distribution
&
Retail
—
1.3%
Walmart,
Inc.
2,735
286,820
Containers
&
Packaging
—
1.6%
Avery
Dennison
Corp.
1,958
340,907
Distributors
—
1.5%
Genuine
Parts
Co.
2,480
336,462
Electrical
Equipment
—
1.6%
Emerson
Electric
Co.
2,267
345,582
Electronic
Equipment,
Instruments
&
Components
—
2.8%
Jabil,
Inc.
951
290,302
TE
Connectivity
plc
1,576
323,474
613,776
Investments
Shares
Value
Common
Stocks
(continued)
Financial
Services
—
6.5%
Corpay,
Inc.*
894
$
361,444
Mastercard,
Inc.,
Class
a
A
595
350,640
PayPal
Holdings,
Inc.
6,947
365,864
Visa,
Inc.,
Class
a
A
890
337,639
1,415,587
Food
Products
—
1.5%
Mondelez
International,
Inc.,
Class
a
A
5,201
322,826
Ground
Transportation
—
5.6%
CSX
Corp.
6,353
320,890
JB
Hunt
Transport
Services,
Inc.
1,119
297,061
Old
Dominion
Freight
Line,
Inc.
1,417
283,343
Union
Pacific
Corp.
1,101
331,038
1,232,332
Health
Care
Providers
&
Services
—
7.1%
Cardinal
Health,
Inc.
1,304
305,944
DaVita,
Inc.*
1,341
236,029
Henry
Schein,
Inc.*
3,717
333,787
McKesson
Corp.
378
334,651
Universal
Health
Services,
Inc.,
Class
a
B
1,978
336,913
1,547,324
Hotels,
Restaurants
&
Leisure
—
2.9%
Domino's
Pizza,
Inc.
1,023
349,927
McDonald's
Corp.
1,112
293,057
642,984
Household
Durables
—
1.4%
PulteGroup,
Inc.
2,516
317,821
Household
Products
—
1.4%
Colgate-Palmolive
Co.
3,325
298,652
Industrial
Conglomerates
—
1.4%
Honeywell
International,
Inc.
1,404
299,796
Insurance
—
8.6%
Aflac,
Inc.
2,547
295,070
Globe
Life,
Inc.
1,747
301,654
Loews
Corp.
2,685
290,759
MetLife,
Inc.
3,433
326,719
Prudential
Financial,
Inc.
2,746
322,929
Travelers
Cos.,
Inc.
(The)
915
334,826
1,871,957
IT
Services
—
2.1%
Cognizant
Technology
Solutions
Corp.,
Class
a
A
7,291
470,853
Life
Sciences
Tools
&
Services
—
3.3%
Agilent
Technologies,
Inc.
2,397
368,083
S&P
500
®
BUYBACK
ARISTOCRATS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
138
BUYB
::
Investments
Shares
Value
Common
Stocks
(continued)
Mettler-Toledo
International,
Inc.*
248
$
348,475
716,558
Machinery
—
2.8%
Illinois
Tool
Works,
Inc.
1,167
321,357
Snap-on,
Inc.
771
297,845
619,202
Pharmaceuticals
—
2.8%
Eli
Lilly
&
Co.
254
293,809
Zoetis,
Inc.,
Class
a
A
4,119
317,575
611,384
Professional
Services
—
3.1%
Automatic
Data
Processing,
Inc.
1,282
366,857
Verisk
Analytics,
Inc.,
Class
a
A
1,631
316,055
682,912
Semiconductors
&
Semiconductor
Equipment
—
2.4%
Applied
Materials,
Inc.
542
248,447
QUALCOMM,
Inc.
1,658
282,656
531,103
Software
—
1.9%
Adobe,
Inc.*
1,400
409,906
Specialty
Retail
—
9.2%
AutoZone,
Inc.*
101
302,115
O'Reilly
Automotive,
Inc.*
3,640
323,232
Ross
Stores,
Inc.
1,421
324,756
Tractor
Supply
Co.
10,458
364,984
Ulta
Beauty,
Inc.*
680
365,228
Williams-Sonoma,
Inc.
1,417
323,430
2,003,745
Technology
Hardware,
Storage
&
Peripherals
—
1.4%
Apple,
Inc.
987
312,731
Textiles,
Apparel
&
Luxury
Goods
—
1.2%
Deckers
Outdoor
Corp.*
3,026
263,504
Trading
Companies
&
Distributors
—
1.4%
WW
Grainger,
Inc.
229
299,873
Total
Common
Stocks
(Cost
$20,806,541)
21,817,121
Total
Investments
—
99.8%
(Cost
$20,806,541)
21,817,121
Other
assets
less
liabilities
—
0.2%
48,648
Net
Assets
—
100.0%
$
21,865,769
*
Non-income
producing
security.
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
DIVIDEND
ARISTOCRATS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
139
NOBL
::
Investments
Shares
Value
Common
Stocks
—
99
.8
%
Aerospace
&
Defense
—
1.4%
General
Dynamics
Corp.
446,062
$
165,645,124
Air
Freight
&
Logistics
—
2.5%
CH
Robinson
Worldwide,
Inc.
802,753
120,140,014
Expeditors
International
of
Washington,
Inc.
938,013
177,894,165
298,034,179
Beverages
—
4.4%
Brown-Forman
Corp.,
Class
a
B
6,302,580
167,459,551
Coca-Cola
Co.
(The)
2,025,193
179,573,863
PepsiCo,
Inc.
1,227,062
172,205,881
519,239,295
Biotechnology
—
1.4%
AbbVie,
Inc.
657,138
168,503,326
Building
Products
—
1.4%
A
O
Smith
Corp.
2,804,566
165,833,988
Capital
Markets
—
6.1%
FactSet
Research
Systems,
Inc.
678,807
212,839,935
Franklin
Templeton,
Inc.
5,140,553
175,549,885
S&P
Global,
Inc.
387,946
169,082,385
T.
Rowe
Price
Group,
Inc.
1,434,805
159,665,100
717,137,305
Chemicals
—
8.8%
Air
Products
and
Chemicals,
Inc.
560,441
173,434,072
Albemarle
Corp.
1,417,209
191,280,699
Ecolab,
Inc.
623,766
176,650,531
Linde
plc
327,234
160,207,222
PPG
Industries,
Inc.
1,417,936
159,049,881
Sherwin-Williams
Co.
(The)
520,310
176,286,231
1,036,908,636
Commercial
Services
&
Supplies
—
1.4%
Cintas
Corp.
826,630
166,805,668
Consumer
Staples
Distribution
&
Retail
—
4.4%
Sysco
Corp.
2,026,926
164,343,160
Target
Corp.
1,206,866
194,160,602
Walmart,
Inc.
1,522,474
159,661,849
518,165,611
Containers
&
Packaging
—
1.5%
Amcor
plc
3,853,874
176,854,278
Distributors
—
1.6%
Genuine
Parts
Co.
1,382,824
187,607,732
Electric
Utilities
—
2.6%
Eversource
Energy
2,235,440
156,793,762
NextEra
Energy,
Inc.
1,861,660
153,289,084
310,082,846
Investments
Shares
Value
Common
Stocks
(continued)
Electrical
Equipment
—
1.5%
Emerson
Electric
Co.
1,192,092
$
181,722,504
Food
Products
—
5.6%
Archer-Daniels-Midland
Co.
1,906,215
154,956,217
Hormel
Foods
Corp.
6,602,597
144,266,744
J
M
Smucker
Co.
(The)
1,409,655
184,890,350
McCormick
&
Co.,
Inc.
(Non-Voting)
3,199,749
173,490,391
657,603,702
Gas
Utilities
—
1.3%
Atmos
Energy
Corp.
932,661
154,942,972
Health
Care
Equipment
&
Supplies
—
4.8%
Abbott
Laboratories
1,655,074
182,653,967
Becton
Dickinson
&
Co.
1,086,777
204,433,621
Medtronic
plc
2,032,625
184,257,456
571,345,044
Health
Care
Providers
&
Services
—
1.5%
Cardinal
Health,
Inc.
754,680
177,063,022
Hotels,
Restaurants
&
Leisure
—
1.4%
McDonald's
Corp.
631,530
166,433,416
Household
Products
—
7.0%
Church
&
Dwight
Co.,
Inc.
1,713,694
170,992,387
Clorox
Co.
(The)
1,738,211
169,788,451
Colgate-Palmolive
Co.
1,816,556
163,163,060
Kimberly-Clark
Corp.
1,528,759
165,029,534
Procter
&
Gamble
Co.
(The)
1,116,148
161,975,398
830,948,830
Insurance
—
7.3%
Aflac,
Inc.
1,346,909
156,039,408
Brown
&
Brown,
Inc.
2,545,513
183,709,673
Chubb
Ltd.
484,950
164,204,070
Cincinnati
Financial
Corp.
928,707
157,787,319
Erie
Indemnity
Co.,
Class
a
A
789,386
201,735,486
863,475,956
IT
Services
—
1.6%
International
Business
Machines
Corp.
808,922
189,182,588
Life
Sciences
Tools
&
Services
—
1.3%
West
Pharmaceutical
Services,
Inc.
464,412
158,415,577
Machinery
—
8.4%
Caterpillar,
Inc.
187,175
149,266,447
Dover
Corp.
775,893
150,701,697
Illinois
Tool
Works,
Inc.
607,648
167,328,030
Nordson
Corp.
570,834
183,648,715
Pentair
plc
2,641,246
159,689,733
S&P
500
®
DIVIDEND
ARISTOCRATS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
140
NOBL
::
Investments
Shares
Value
Common
Stocks
(continued)
Stanley
Black
&
Decker,
Inc.
1,864,995
$
179,729,568
990,364,190
Metals
&
Mining
—
1.5%
Nucor
Corp.
705,605
176,147,232
Multi-Utilities
—
1.4%
Consolidated
Edison,
Inc.
1,484,984
158,922,988
Oil,
Gas
&
Consumable
Fuels
—
3.0%
Chevron
Corp.
862,536
177,803,171
ExxonMobil
Holdings
Corp.
1,077,697
173,455,332
351,258,503
Personal
Care
Products
—
1.4%
Kenvue,
Inc.
8,701,054
164,275,899
Pharmaceuticals
—
1.5%
Johnson
&
Johnson
651,142
173,106,101
Professional
Services
—
1.7%
Automatic
Data
Processing,
Inc.
684,649
195,919,158
Residential
REITs
—
1.4%
Essex
Property
Trust,
Inc.,
REIT
567,955
160,708,547
Retail
REITs
—
2.6%
Federal
Realty
Investment
Trust,
REIT
1,331,079
154,445,096
Realty
Income
Corp.,
REIT
2,559,610
156,852,901
311,297,997
Software
—
1.8%
Roper
Technologies,
Inc.
494,345
209,918,661
Specialty
Retail
—
1.4%
Lowe's
Cos.,
Inc.
814,536
166,735,519
Trading
Companies
&
Distributors
—
2.9%
Fastenal
Co.
3,671,991
181,065,876
WW
Grainger,
Inc.
122,930
160,975,606
342,041,482
Total
Common
Stocks
(Cost
$9,705,725,019)
11,782,647,876
Investments
Principal
Amount
Value
Short-Term
Investments
—
0
.1
%
Repurchase
Agreements
(a)
—
0
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$11,007,094
(Cost
$11,005,996)
$
11,005,996
$
11,005,996
Total
Investments
—
99.9%
(Cost
$9,716,731,015)
11,793,653,872
Other
assets
less
liabilities
—
0.1%
7,500,148
Net
Assets
—
100.0%
$
11,801,154,020
(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.
Abbreviations
REIT
Real
Estate
Investment
Trust
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
141
FB
::
Investments
Shares
Value
Common
Stocks
(a)
—
85
.5
%
Aerospace
&
Defense
—
1.8%
Axon
Enterprise,
Inc.*
3
$
1,700
Boeing
Co.
(The)*
27
5,610
General
Dynamics
Corp.
9
3,342
General
Electric
Co.
36
12,086
Honeywell
Aerospace,
Inc.*
11
1,739
Howmet
Aerospace,
Inc.
14
3,429
Huntington
Ingalls
Industries,
Inc.
1
291
L3Harris
Technologies,
Inc.
6
1,598
Lockheed
Martin
Corp.
7
3,929
Northrop
Grumman
Corp.
5
2,699
RTX
Corp.
47
9,763
Textron,
Inc.
6
483
TransDigm
Group,
Inc.
2
2,343
49,012
Air
Freight
&
Logistics
—
0.3%
CH
Robinson
Worldwide,
Inc.
4
599
Expeditors
International
of
Washington,
Inc.
5
948
FedEx
Corp.
8
2,619
United
Parcel
Service,
Inc.,
Class
a
B
26
2,710
6,876
Automobile
Components
—
0.0%(b)
Aptiv
plc*
7
313
Automobiles
—
1.5%
Ford
Motor
Co.
137
1,910
General
Motors
Co.
31
2,676
Tesla,
Inc.*
98
36,059
40,645
Banks
—
3.0%
Bank
of
America
Corp.
228
14,122
Citigroup,
Inc.
59
7,766
Citizens
Financial
Group,
Inc.
15
1,033
Fifth
Third
Bancorp
32
1,721
Huntington
Bancshares,
Inc.
71
1,185
JPMorgan
Chase
&
Co.
93
33,110
KeyCorp
32
691
M&T
Bank
Corp.
5
1,170
PNC
Financial
Services
Group,
Inc.
(The)
14
3,355
Regions
Financial
Corp.
30
896
Truist
Financial
Corp.
43
2,132
U.S.
Bancorp
54
3,325
Wells
Fargo
&
Co.
107
9,244
79,750
Beverages
—
0.9%
Brown-Forman
Corp.,
Class
a
B
6
159
Coca-Cola
Co.
(The)
135
11,971
Constellation
Brands,
Inc.,
Class
a
A
5
653
Keurig
Dr
Pepper,
Inc.
47
1,497
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Molson
Coors
Beverage
Co.,
Class
a
B
6
$
239
Monster
Beverage
Corp.*
50
2,296
PepsiCo,
Inc.
48
6,736
23,551
Biotechnology
—
1.5%
AbbVie,
Inc.
62
15,898
Amgen,
Inc.
19
8,168
Biogen,
Inc.*
5
1,083
Gilead
Sciences,
Inc.
43
6,293
Incyte
Corp.*
6
739
Moderna,
Inc.*
12
1,684
Regeneron
Pharmaceuticals,
Inc.
3
2,397
Vertex
Pharmaceuticals,
Inc.*
9
4,901
41,163
Broadline
Retail
—
3.3%
Amazon.com,
Inc.*
341
88,582
eBay,
Inc.
15
1,553
90,135
Building
Products
—
0.4%
A
O
Smith
Corp.
4
236
Allegion
plc
3
466
Builders
FirstSource,
Inc.*
4
266
Carrier
Global
Corp.
27
1,572
Johnson
Controls
International
plc
21
2,903
Lennox
International,
Inc.
1
383
Masco
Corp.
7
505
Trane
Technologies
plc
8
3,555
9,886
Capital
Markets
—
2.8%
Ameriprise
Financial,
Inc.
3
1,659
Ares
Management
Corp.,
Class
a
A
7
1,002
Bank
of
New
York
Mellon
Corp.
(The)
24
3,871
Blackrock,
Inc.
5
5,778
Blackstone,
Inc.
26
3,724
Cboe
Global
Markets,
Inc.
4
1,201
Charles
Schwab
Corp.
(The)
57
6,260
CME
Group,
Inc.
13
3,711
Coinbase
Global,
Inc.,
Class
a
A*
8
1,505
FactSet
Research
Systems,
Inc.
1
314
Franklin
Templeton,
Inc.
11
376
Goldman
Sachs
Group,
Inc.
(The)
10
10,259
Interactive
Brokers
Group,
Inc.,
Class
a
A
16
1,557
Intercontinental
Exchange,
Inc.
20
3,214
Invesco
Ltd.
15
492
KKR
&
Co.,
Inc.
24
2,633
Moody's
Corp.
5
2,523
Morgan
Stanley
42
8,959
MSCI,
Inc.,
Class
a
A
3
1,712
Nasdaq,
Inc.
16
1,578
S&P
500
®
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
142
FB
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Northern
Trust
Corp.
6
$
1,113
Raymond
James
Financial,
Inc.
6
1,069
Robinhood
Markets,
Inc.,
Class
a
A*
28
2,935
S&P
Global,
Inc.
11
4,794
State
Street
Corp.
10
1,914
T.
Rowe
Price
Group,
Inc.
7
779
74,932
Chemicals
—
0.8%
Air
Products
and
Chemicals,
Inc.
8
2,476
Albemarle
Corp.
4
540
CF
Industries
Holdings,
Inc.
5
650
Corteva,
Inc.
23
1,947
Dow,
Inc.
25
763
Ecolab,
Inc.
9
2,549
International
Flavors
&
Fragrances,
Inc.
9
777
Linde
plc
16
7,833
LyondellBasell
Industries
NV,
Class
a
A
9
586
Mosaic
Co.
(The)
11
265
PPG
Industries,
Inc.
8
897
Sherwin-Williams
Co.
(The)
8
2,710
21,993
Commercial
Services
&
Supplies
—
0.3%
Cintas
Corp.
12
2,421
Copart,
Inc.*
31
1,023
Republic
Services,
Inc.,
Class
a
A
7
1,546
Rollins,
Inc.
10
361
Veralto
Corp.
9
887
Waste
Management,
Inc.
13
2,846
9,084
Communications
Equipment
—
1.1%
Arista
Networks,
Inc.*
36
7,045
Ciena
Corp.*
5
1,914
Cisco
Systems,
Inc.
138
15,248
F5,
Inc.*
2
814
Lumentum
Holdings,
Inc.*
3
2,744
Motorola
Solutions,
Inc.
6
2,912
30,677
Construction
&
Engineering
—
0.2%
Comfort
Systems
USA,
Inc.
1
1,546
EMCOR
Group,
Inc.
2
1,469
Quanta
Services,
Inc.
5
3,035
6,050
Construction
Materials
—
0.2%
CRH
plc
23
2,169
Martin
Marietta
Materials,
Inc.
2
1,037
Vulcan
Materials
Co.
5
1,348
4,554
Consumer
Finance
—
0.4%
American
Express
Co.
19
6,273
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Capital
One
Financial
Corp.
22
$
4,719
Synchrony
Financial
12
925
11,917
Consumer
Staples
Distribution
&
Retail
—
1.4%
Casey's
General
Stores,
Inc.
1
752
Costco
Wholesale
Corp.
15
14,158
Dollar
General
Corp.
8
1,014
Dollar
Tree,
Inc.*
6
760
Kroger
Co.
(The)
20
1,151
Sysco
Corp.
17
1,378
Target
Corp.
16
2,574
Walmart,
Inc.
153
16,045
37,832
Containers
&
Packaging
—
0.2%
Amcor
plc
16
734
Avery
Dennison
Corp.
3
522
Ball
Corp.
9
567
International
Paper
Co.
18
683
Packaging
Corp.
of
America
3
702
Smurfit
Westrock
plc
18
844
4,052
Distributors
—
0.0%(b)
Genuine
Parts
Co.
5
678
Diversified
Telecommunication
Services
—
0.6%
AT&T,
Inc.
242
6,265
Comcast
Corp.,
Class
a
A
124
3,301
Verizon
Communications,
Inc.
146
7,303
16,869
Electric
Utilities
—
1.1%
Alliant
Energy
Corp.
9
612
American
Electric
Power
Co.,
Inc.
19
2,326
Constellation
Energy
Corp.
11
3,022
Duke
Energy
Corp.
27
3,238
Edison
International
13
702
Entergy
Corp.
16
1,701
Evergy,
Inc.
8
648
Eversource
Energy
13
912
Exelon
Corp.
36
1,574
FirstEnergy
Corp.
18
825
NextEra
Energy,
Inc.
73
6,011
NRG
Energy,
Inc.
7
771
PG&E
Corp.
77
1,022
Pinnacle
West
Capital
Corp.
4
391
PPL
Corp.
26
887
Southern
Co.
(The)
39
3,432
Xcel
Energy,
Inc.
22
1,665
29,739
Electrical
Equipment
—
0.9%
AMETEK,
Inc.
8
1,881
Eaton
Corp.
plc
14
5,626
Emerson
Electric
Co.
20
3,049
GE
Vernova,
Inc.
9
8,087
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
143
FB
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Generac
Holdings,
Inc.*
2
$
371
Hubbell,
Inc.,
Class
a
B
2
906
Rockwell
Automation,
Inc.
4
1,698
Vertiv
Holdings
Co.,
Class
a
A
13
3,363
24,981
Electronic
Equipment,
Instruments
&
Components
—
0.8%
Amphenol
Corp.,
Class
a
A
43
6,818
CDW
Corp.
4
606
Coherent
Corp.*
7
1,945
Corning,
Inc.
27
4,016
Flex
Ltd.*
13
1,420
Jabil,
Inc.
4
1,221
Keysight
Technologies,
Inc.*
6
1,936
TE
Connectivity
plc
10
2,052
Teledyne
Technologies,
Inc.*
2
1,226
Zebra
Technologies
Corp.,
Class
a
A*
2
707
21,947
Energy
Equipment
&
Services
—
0.2%
Baker
Hughes
Co.,
Class
a
A
35
2,224
Halliburton
Co.
29
1,069
SLB
Ltd.
52
3,125
6,418
Entertainment
—
0.9%
Live
Nation
Entertainment,
Inc.*
6
1,079
Netflix,
Inc.*
147
11,914
Take-Two
Interactive
Software,
Inc.*
6
1,318
TKO
Group
Holdings,
Inc.,
Class
a
A
2
365
Walt
Disney
Co.
(The)
61
6,561
Warner
Bros
Discovery,
Inc.*
86
2,454
23,691
Financial
Services
—
3.0%
Apollo
Global
Management,
Inc.
16
2,185
Berkshire
Hathaway,
Inc.,
Class
a
B*
64
32,258
Block,
Inc.,
Class
a
A*
19
1,558
Corpay,
Inc.*
2
809
Fidelity
National
Information
Services,
Inc.
18
734
Fiserv,
Inc.*
19
1,013
Global
Payments,
Inc.
8
728
Jack
Henry
&
Associates,
Inc.
2
336
Mastercard,
Inc.,
Class
a
A
28
16,501
PayPal
Holdings,
Inc.
31
1,633
Visa,
Inc.,
Class
a
A
58
22,003
79,758
Food
Products
—
0.3%
Archer-Daniels-Midland
Co.
17
1,382
Bunge
Global
SA
5
581
General
Mills,
Inc.
19
783
Hershey
Co.
(The)
5
881
Hormel
Foods
Corp.
10
219
J
M
Smucker
Co.
(The)
4
525
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Kraft
Heinz
Co.
(The)
30
$
770
McCormick
&
Co.,
Inc.
(Non-Voting)
9
488
Mondelez
International,
Inc.,
Class
a
A
45
2,793
Tyson
Foods,
Inc.,
Class
a
A
10
551
8,973
Gas
Utilities
—
0.0%(b)
Atmos
Energy
Corp.
6
997
Ground
Transportation
—
0.8%
CSX
Corp.
65
3,283
Fedex
Freight
Holding
Co.,
Inc.*
4
535
JB
Hunt
Transport
Services,
Inc.
3
797
Norfolk
Southern
Corp.
8
2,742
Old
Dominion
Freight
Line,
Inc.
6
1,200
Uber
Technologies,
Inc.*
71
5,371
Union
Pacific
Corp.
21
6,314
20,242
Health
Care
Equipment
&
Supplies
—
1.3%
Abbott
Laboratories
61
6,732
Align
Technology,
Inc.*
2
320
Baxter
International,
Inc.
18
468
Becton
Dickinson
&
Co.
10
1,881
Boston
Scientific
Corp.*
52
2,512
Cooper
Cos.,
Inc.
(The)*
7
491
Dexcom,
Inc.*
13
1,184
Edwards
Lifesciences
Corp.*
20
1,815
GE
HealthCare
Technologies,
Inc.
16
1,140
IDEXX
Laboratories,
Inc.*
3
1,670
Insulet
Corp.*
2
297
Intuitive
Surgical,
Inc.*
12
4,522
Medtronic
plc
45
4,079
ResMed,
Inc.
5
1,200
Solventum
Corp.*
5
455
STERIS
plc
3
698
Stryker
Corp.
12
3,886
Zimmer
Biomet
Holdings,
Inc.
7
700
34,050
Health
Care
Providers
&
Services
—
1.4%
Cardinal
Health,
Inc.
8
1,877
Cencora,
Inc.
7
2,265
Centene
Corp.*
16
1,030
Cigna
Group
(The)
9
2,485
CVS
Health
Corp.
45
4,226
DaVita,
Inc.*
1
176
Elevance
Health,
Inc.
8
3,140
HCA
Healthcare,
Inc.
5
2,072
Henry
Schein,
Inc.*
3
269
Humana,
Inc.
4
1,533
Labcorp
Holdings,
Inc.
3
998
McKesson
Corp.
4
3,541
Quest
Diagnostics,
Inc.
4
961
UnitedHealth
Group,
Inc.
32
12,461
S&P
500
®
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
144
FB
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Universal
Health
Services,
Inc.,
Class
a
B
2
$
341
37,375
Health
Care
REITs
—
0.3%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
5
256
Healthpeak
Properties,
Inc.,
REIT
24
500
Ventas,
Inc.,
REIT
17
1,550
Welltower,
Inc.,
REIT
25
5,906
8,212
Health
Care
Technology
—
0.1%
Veeva
Systems,
Inc.,
Class
a
A*
5
1,428
Hotel
&
Resort
REITs
—
0.0%(b)
Host
Hotels
&
Resorts,
Inc.,
REIT
22
482
Hotels,
Restaurants
&
Leisure
—
1.4%
Airbnb,
Inc.,
Class
a
A*
15
2,748
Booking
Holdings,
Inc.
27
5,375
Carnival
Corp.
Ltd.
45
1,075
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
45
1,711
Darden
Restaurants,
Inc.
4
857
Domino's
Pizza,
Inc.
1
342
DoorDash,
Inc.,
Class
a
A*
13
3,013
Expedia
Group,
Inc.
4
1,269
Hilton
Worldwide
Holdings,
Inc.
8
2,530
Las
Vegas
Sands
Corp.
10
438
Marriott
International,
Inc.,
Class
a
A
8
2,734
McDonald's
Corp.
25
6,589
MGM
Resorts
International*
7
290
Norwegian
Cruise
Line
Holdings
Ltd.*
16
258
Royal
Caribbean
Cruises
Ltd.
9
2,419
Starbucks
Corp.
40
4,250
Wynn
Resorts
Ltd.
3
274
Yum!
Brands,
Inc.
10
1,533
37,705
Household
Durables
—
0.2%
DR
Horton,
Inc.
9
1,301
Garmin
Ltd.
6
1,705
Lennar
Corp.,
Class
a
A
8
673
PulteGroup,
Inc.
7
884
4,563
Household
Products
—
0.6%
Church
&
Dwight
Co.,
Inc.
8
798
Clorox
Co.
(The)
4
391
Colgate-Palmolive
Co.
28
2,515
Kimberly-Clark
Corp.
12
1,295
Procter
&
Gamble
Co.
(The)
81
11,755
16,754
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
AES
Corp.
(The)
25
$
369
Vistra
Corp.
11
1,511
1,880
Industrial
Conglomerates
—
0.2%
3M
Co.
18
3,093
DuPont
de
Nemours,
Inc.
5
673
Honeywell
International,
Inc.
11
2,349
6,115
Industrial
REITs
—
0.2%
Prologis,
Inc.,
REIT
33
4,617
Insurance
—
1.4%
Aflac,
Inc.
16
1,853
Allstate
Corp.
(The)
9
2,320
American
International
Group,
Inc.
18
1,374
Aon
plc,
Class
a
A
7
2,251
Arch
Capital
Group
Ltd.*
12
1,177
Arthur
J
Gallagher
&
Co.
9
2,359
Assurant,
Inc.
2
564
Brown
&
Brown,
Inc.
10
722
Chubb
Ltd.
13
4,402
Cincinnati
Financial
Corp.
5
849
Erie
Indemnity
Co.,
Class
a
A
1
255
Everest
Group
Ltd.
1
375
Globe
Life,
Inc.
3
518
Hartford
Insurance
Group,
Inc.
(The)
10
1,374
Loews
Corp.
6
650
Marsh
&
McLennan
Cos.,
Inc.
17
3,227
MetLife,
Inc.
19
1,808
Principal
Financial
Group,
Inc.
7
771
Progressive
Corp.
(The)
20
4,362
Prudential
Financial,
Inc.
12
1,411
Travelers
Cos.,
Inc.
(The)
7
2,561
W
R
Berkley
Corp.
10
676
Willis
Towers
Watson
plc
3
1,016
36,875
Interactive
Media
&
Services
—
6.3%
Alphabet,
Inc.,
Class
a
A
205
69,567
Alphabet,
Inc.,
Class
a
C
165
55,343
Meta
Platforms,
Inc.,
Class
a
A
77
44,070
Reddit,
Inc.,
Class
a
A*
5
739
169,719
IT
Services
—
0.6%
Accenture
plc,
Class
a
A
21
3,985
Akamai
Technologies,
Inc.*
5
543
Cognizant
Technology
Solutions
Corp.,
Class
a
A
17
1,098
Gartner,
Inc.*
2
396
GoDaddy,
Inc.,
Class
a
A*
5
489
International
Business
Machines
Corp.
33
7,718
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
145
FB
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
VeriSign,
Inc.
3
$
865
15,094
Leisure
Products
—
0.0%(b)
Hasbro,
Inc.
5
471
Life
Sciences
Tools
&
Services
—
0.8%
Agilent
Technologies,
Inc.
10
1,536
Bio-Techne
Corp.
5
362
Charles
River
Laboratories
International,
Inc.*
2
576
Danaher
Corp.
22
4,698
IQVIA
Holdings,
Inc.*
6
1,567
Mettler-Toledo
International,
Inc.*
1
1,405
Revvity,
Inc.
4
515
Thermo
Fisher
Scientific,
Inc.
13
8,022
Waters
Corp.*
3
1,244
West
Pharmaceutical
Services,
Inc.
2
682
20,607
Machinery
—
1.4%
Caterpillar,
Inc.
16
12,759
Cummins,
Inc.
5
2,822
Deere
&
Co.
9
5,894
Dover
Corp.
5
971
Fortive
Corp.
11
647
IDEX
Corp.
3
686
Illinois
Tool
Works,
Inc.
9
2,478
Ingersoll
Rand,
Inc.
12
925
Nordson
Corp.
2
643
Otis
Worldwide
Corp.
13
925
PACCAR,
Inc.
18
2,234
Parker-Hannifin
Corp.
4
3,918
Pentair
plc
6
363
Snap-on,
Inc.
2
773
Stanley
Black
&
Decker,
Inc.
5
482
Westinghouse
Air
Brake
Technologies
Corp.
6
1,716
Xylem,
Inc.
8
881
39,117
Media
—
0.2%
AppLovin
Corp.,
Class
a
A*
9
2,809
Charter
Communications,
Inc.,
Class
a
A*
4
610
EchoStar
Corp.,
Class
a
A*
5
432
Fox
Corp.,
Class
a
A
7
471
Fox
Corp.,
Class
a
B
5
301
News
Corp.,
Class
a
A
13
399
News
Corp.,
Class
a
B
4
138
Omnicom
Group,
Inc.
10
875
Paramount
Skydance
Corp.,
Class
a
B(c)
11
120
Trade
Desk,
Inc.
(The),
Class
a
A*
15
206
6,361
Metals
&
Mining
—
0.4%
Freeport-McMoRan,
Inc.
50
3,787
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Newmont
Corp.
37
$
4,664
Nucor
Corp.
8
1,997
Steel
Dynamics,
Inc.
5
1,163
11,611
Multi-Utilities
—
0.4%
Ameren
Corp.
10
1,060
CenterPoint
Energy,
Inc.
23
911
CMS
Energy
Corp.
11
749
Consolidated
Edison,
Inc.
13
1,391
Dominion
Energy,
Inc.
31
2,046
DTE
Energy
Co.
7
949
NiSource,
Inc.
17
696
Public
Service
Enterprise
Group,
Inc.
17
1,247
Sempra
23
1,879
WEC
Energy
Group,
Inc.
11
1,168
12,096
Office
REITs
—
0.0%(b)
BXP,
Inc.,
REIT
5
340
Oil,
Gas
&
Consumable
Fuels
—
2.7%
APA
Corp.
12
518
Chevron
Corp.
65
13,399
ConocoPhillips
42
5,565
Devon
Energy
Corp.
40
1,940
Diamondback
Energy,
Inc.
7
1,403
EOG
Resources,
Inc.
19
2,754
EQT
Corp.
22
1,192
Expand
Energy
Corp.
8
785
ExxonMobil
Holdings
Corp.
145
23,338
Kinder
Morgan,
Inc.
68
2,192
Marathon
Petroleum
Corp.
10
3,733
Occidental
Petroleum
Corp.
25
1,505
ONEOK,
Inc.
22
2,112
Phillips
66
14
3,452
Targa
Resources
Corp.
7
2,056
Texas
Pacific
Land
Corp.
2
749
Valero
Energy
Corp.
10
3,589
Williams
Cos.,
Inc.
(The)
43
3,227
73,509
Passenger
Airlines
—
0.1%
Delta
Air
Lines,
Inc.
23
1,794
Southwest
Airlines
Co.
17
655
United
Airlines
Holdings,
Inc.*
11
1,188
3,637
Personal
Care
Products
—
0.1%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
9
921
Kenvue,
Inc.
67
1,265
2,186
Pharmaceuticals
—
3.0%
Bristol-Myers
Squibb
Co.
71
4,744
Eli
Lilly
&
Co.
28
32,388
Johnson
&
Johnson
84
22,331
S&P
500
®
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
146
FB
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Merck
&
Co.,
Inc.
86
$
12,707
Pfizer,
Inc.
199
5,664
Viatris,
Inc.
41
677
Zoetis,
Inc.,
Class
a
A
15
1,157
79,668
Professional
Services
—
0.3%
Automatic
Data
Processing,
Inc.
14
4,006
Broadridge
Financial
Solutions,
Inc.
4
729
Equifax,
Inc.
4
757
Jacobs
Solutions,
Inc.
4
596
Leidos
Holdings,
Inc.
4
561
Paychex,
Inc.
11
1,401
Verisk
Analytics,
Inc.,
Class
a
A
5
969
9,019
Real
Estate
Management
&
Development
—
0.1%
CBRE
Group,
Inc.,
Class
a
A*
10
1,458
CoStar
Group,
Inc.*
14
449
1,907
Residential
REITs
—
0.2%
Camden
Property
Trust,
REIT
4
423
Essex
Property
Trust,
Inc.,
REIT
2
566
Invitation
Homes,
Inc.,
REIT
19
554
Mid-America
Apartment
Communities,
Inc.,
REIT
4
515
UDR,
Inc.,
REIT
10
369
Vivmark
Residential,
REIT
27
1,759
4,186
Retail
REITs
—
0.2%
Federal
Realty
Investment
Trust,
REIT
3
348
Kimco
Realty
Corp.,
REIT
24
569
Realty
Income
Corp.,
REIT
33
2,022
Regency
Centers
Corp.,
REIT
6
449
Simon
Property
Group,
Inc.,
REIT
11
2,336
5,724
Semiconductors
&
Semiconductor
Equipment
—
14.8%
Advanced
Micro
Devices,
Inc.*
57
26,831
Analog
Devices,
Inc.
17
6,156
Applied
Materials,
Inc.
28
12,835
Broadcom,
Inc.
165
61,106
First
Solar,
Inc.*
4
808
Intel
Corp.*
172
15,396
KLA
Corp.
46
8,071
Lam
Research
Corp.
44
13,266
Marvell
Technology,
Inc.
31
6,561
Microchip
Technology,
Inc.
19
1,396
Micron
Technology,
Inc.
39
37,390
Monolithic
Power
Systems,
Inc.
2
2,535
NVIDIA
Corp.
845
186,559
NXP
Semiconductors
NV
9
2,022
ON
Semiconductor
Corp.*
14
1,037
Qnity
Electronics,
Inc.
7
836
Investments
Shares
Value
Common
Stocks
(a)
(continued)
QUALCOMM,
Inc.
37
$
6,308
Skyworks
Solutions,
Inc.
5
335
Teradyne,
Inc.
5
1,749
Texas
Instruments,
Inc.
32
8,349
399,546
Software
—
8.0%
Adobe,
Inc.*
14
4,099
Autodesk,
Inc.*
7
1,810
Cadence
Design
Systems,
Inc.*
10
3,388
Crowdstrike
Holdings,
Inc.,
Class
a
A*
36
8,316
Datadog,
Inc.,
Class
a
A*
12
2,844
Fair
Isaac
Corp.*
1
1,147
Fortinet,
Inc.*
22
3,760
Gen
Digital,
Inc.
19
589
Intuit,
Inc.
10
3,593
Microsoft
Corp.
259
131,388
Oracle
Corp.
59
8,798
Palantir
Technologies,
Inc.,
Class
a
A*
80
14,910
Palo
Alto
Networks,
Inc.*
28
10,700
PTC,
Inc.*
4
623
Roper
Technologies,
Inc.
4
1,699
Salesforce,
Inc.
29
7,469
ServiceNow,
Inc.*
36
5,328
Synopsys,
Inc.*
7
3,077
Trimble,
Inc.*
8
480
Tyler
Technologies,
Inc.*
1
372
Workday,
Inc.,
Class
a
A*
7
1,382
215,772
Specialized
REITs
—
0.6%
American
Tower
Corp.,
REIT
16
2,811
Crown
Castle,
Inc.,
REIT
15
1,142
Digital
Realty
Trust,
Inc.,
REIT
12
2,227
Equinix,
Inc.,
REIT
3
3,140
Extra
Space
Storage,
Inc.,
REIT
7
988
Iron
Mountain,
Inc.,
REIT
10
1,153
Public
Storage,
REIT
6
1,842
SBA
Communications
Corp.,
Class
a
A,
REIT
4
759
VICI
Properties,
Inc.,
Class
a
A,
REIT
38
975
Weyerhaeuser
Co.,
REIT
25
584
15,621
Specialty
Retail
—
1.3%
AutoZone,
Inc.*
1
2,991
Best
Buy
Co.,
Inc.
7
561
Carvana
Co.,
Class
a
A*
25
1,837
Home
Depot,
Inc.
(The)
35
11,474
Lowe's
Cos.,
Inc.
20
4,094
O'Reilly
Automotive,
Inc.*
29
2,575
Ross
Stores,
Inc.
11
2,514
TJX
Cos.,
Inc.
(The)
39
5,223
Tractor
Supply
Co.
18
628
Ulta
Beauty,
Inc.*
2
1,074
Williams-Sonoma,
Inc.
4
913
33,884
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
DYNAMIC
BUFFER
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
147
FB
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Technology
Hardware,
Storage
&
Peripherals
—
7.1%
Apple,
Inc.
512
$
162,227
Dell
Technologies,
Inc.,
Class
a
C
10
4,560
Hewlett
Packard
Enterprise
Co.
46
2,403
HP,
Inc.
32
961
NetApp,
Inc.
7
1,297
Sandisk
Corp.*
5
7,833
Seagate
Technology
Holdings
plc
8
6,627
Super
Micro
Computer,
Inc.*
20
746
Western
Digital
Corp.
12
5,407
192,061
Textiles,
Apparel
&
Luxury
Goods
—
0.1%
Deckers
Outdoor
Corp.*
5
435
Lululemon
Athletica,
Inc.*
4
481
NIKE,
Inc.,
Class
a
B
42
1,641
Ralph
Lauren
Corp.,
Class
a
A
1
347
Tapestry,
Inc.
7
864
3,768
Tobacco
—
0.5%
Altria
Group,
Inc.
58
3,972
Philip
Morris
International,
Inc.
54
10,114
14,086
Trading
Companies
&
Distributors
—
0.3%
Fastenal
Co.
40
1,972
Ferguson
Enterprises,
Inc.
7
1,572
United
Rentals,
Inc.
2
2,076
WW
Grainger,
Inc.
2
2,619
8,239
Water
Utilities
—
0.0%(b)
American
Water
Works
Co.,
Inc.
7
968
Wireless
Telecommunication
Services
—
0.1%
T-Mobile
US,
Inc.
16
2,887
Total
Common
Stocks
(Cost
$2,200,858)
2,308,855
Securities
Lending
Reinvestments
(d)
—
0
.0
%
(b)
Investment
Companies
—
0
.0
%
(b)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(e)
(Cost
$101)
101
101
Investments
Principal
Amount
Value
Short-Term
Investments
—
12
.5
%
Repurchase
Agreements
(f)
—
12
.5
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$338,054
(Cost
$338,020)
$
338,020
$
338,020
Total
Investments
—
98.0%
(Cost
$2,538,979)
2,646,976
Other
assets
less
liabilities
—
2.0%
53,577
Net
Assets
—
100.0%
$
2,700,553
*
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
$547,235.
(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
$98,
collateralized
in
the
form
of
cash
with
a
value
of
$101
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(d)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$101.
(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
S&P
500
®
DYNAMIC
BUFFER
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
148
FB
::
Futures
Contracts
Purchased
S&P
500
®
Dynamic
Buffer
ETF
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
9/18/2026
U.S.
Dollar
$
384,950
$
10,423
Swap
Agreements
S&P
500
®
Dynamic
Buffer
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
2,702,943
11/8/2027
Goldman
Sachs
International
N/A
S&P
®
500
Daily
Dynamic
Buffer
Index
(
3,101
)
2,702,943
(
3,101
)
Total
Unrealized
Depreciation
(
3,101
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
No
financing
fee
is
paid
or
received
on
this
swap.
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-ENERGY
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
149
SPXE
::
Investments
Shares
Value
Common
Stocks
—
99
.8
%
Aerospace
&
Defense
—
2.2%
Axon
Enterprise,
Inc.*
109
$
61,755
Boeing
Co.
(The)*
1,068
221,909
General
Dynamics
Corp.
344
127,744
General
Electric
Co.
1,415
475,030
Honeywell
Aerospace,
Inc.*
429
67,829
Howmet
Aerospace,
Inc.
542
132,763
Huntington
Ingalls
Industries,
Inc.
53
15,434
L3Harris
Technologies,
Inc.
252
67,095
Lockheed
Martin
Corp.
274
153,777
Northrop
Grumman
Corp.
181
97,686
RTX
Corp.
1,825
379,107
Textron,
Inc.
236
19,012
TransDigm
Group,
Inc.
76
89,052
1,908,193
Air
Freight
&
Logistics
—
0.3%
CH
Robinson
Worldwide,
Inc.
159
23,796
Expeditors
International
of
Washington,
Inc.
177
33,568
FedEx
Corp.
298
97,565
United
Parcel
Service,
Inc.,
Class
a
B
1,011
105,377
260,306
Automobile
Components
—
0.0%(a)
Aptiv
plc*
287
12,846
Automobiles
—
1.8%
Ford
Motor
Co.
5,301
73,896
General
Motors
Co.
1,222
105,483
Tesla,
Inc.*
3,814
1,403,361
1,582,740
Banks
—
3.6%
Bank
of
America
Corp.
8,859
548,726
Citigroup,
Inc.
2,313
304,437
Citizens
Financial
Group,
Inc.
573
39,463
Fifth
Third
Bancorp
1,228
66,030
Huntington
Bancshares,
Inc.
2,748
45,850
JPMorgan
Chase
&
Co.
3,634
1,293,777
KeyCorp
1,248
26,969
M&T
Bank
Corp.
199
46,554
PNC
Financial
Services
Group,
Inc.
(The)
544
130,359
Regions
Financial
Corp.
1,156
34,541
Truist
Financial
Corp.
1,689
83,741
U.S.
Bancorp
2,104
129,564
Wells
Fargo
&
Co.
4,153
358,778
3,108,789
Beverages
—
1.1%
Brown-Forman
Corp.,
Class
a
B
228
6,058
Coca-Cola
Co.
(The)
5,245
465,074
Constellation
Brands,
Inc.,
Class
a
A
189
24,687
Keurig
Dr
Pepper,
Inc.
1,843
58,718
Investments
Shares
Value
Common
Stocks
(continued)
Molson
Coors
Beverage
Co.,
Class
a
B
217
$
8,628
Monster
Beverage
Corp.*
1,934
88,809
PepsiCo,
Inc.
1,853
260,050
912,024
Biotechnology
—
1.9%
AbbVie,
Inc.
2,395
614,126
Amgen,
Inc.
732
314,672
Biogen,
Inc.*
200
43,330
Gilead
Sciences,
Inc.
1,681
245,997
Incyte
Corp.*
227
27,971
Moderna,
Inc.*
479
67,223
Regeneron
Pharmaceuticals,
Inc.
135
107,876
Vertex
Pharmaceuticals,
Inc.*
344
187,315
1,608,510
Broadline
Retail
—
4.0%
Amazon.com,
Inc.*
13,258
3,444,031
eBay,
Inc.
602
62,343
3,506,374
Building
Products
—
0.4%
A
O
Smith
Corp.
151
8,929
Allegion
plc
116
18,009
Builders
FirstSource,
Inc.*
146
9,694
Carrier
Global
Corp.
1,057
61,539
Johnson
Controls
International
plc
827
114,324
Lennox
International,
Inc.
42
16,071
Masco
Corp.
274
19,772
Trane
Technologies
plc
300
133,320
381,658
Capital
Markets
—
3.4%
Ameriprise
Financial,
Inc.
122
67,479
Ares
Management
Corp.,
Class
a
A
286
40,947
Bank
of
New
York
Mellon
Corp.
(The)
930
149,990
Blackrock,
Inc.
196
226,500
Blackstone,
Inc.
1,006
144,099
Cboe
Global
Markets,
Inc.
141
42,328
Charles
Schwab
Corp.
(The)
2,219
243,691
CME
Group,
Inc.
490
139,895
Coinbase
Global,
Inc.,
Class
a
A*
302
56,812
FactSet
Research
Systems,
Inc.
49
15,364
Franklin
Templeton,
Inc.
415
14,172
Goldman
Sachs
Group,
Inc.
(The)
400
410,360
Interactive
Brokers
Group,
Inc.,
Class
a
A
604
58,763
Intercontinental
Exchange,
Inc.
760
122,132
Invesco
Ltd.
600
19,668
KKR
&
Co.,
Inc.
936
102,698
Moody's
Corp.
204
102,947
Morgan
Stanley
1,624
346,432
MSCI,
Inc.,
Class
a
A
99
56,493
Nasdaq,
Inc.
605
59,659
S&P
500
®
EX-ENERGY
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
150
SPXE
::
Investments
Shares
Value
Common
Stocks
(continued)
Northern
Trust
Corp.
251
$
46,576
Raymond
James
Financial,
Inc.
235
41,870
Robinhood
Markets,
Inc.,
Class
a
A*
1,073
112,461
S&P
Global,
Inc.
410
178,694
State
Street
Corp.
373
71,385
T.
Rowe
Price
Group,
Inc.
291
32,383
2,903,798
Chemicals
—
1.0%
Air
Products
and
Chemicals,
Inc.
301
93,147
Albemarle
Corp.
159
21,460
CF
Industries
Holdings,
Inc.
208
27,046
Corteva,
Inc.
907
76,759
Dow,
Inc.
977
29,818
Ecolab,
Inc.
343
97,138
International
Flavors
&
Fragrances,
Inc.
347
29,957
Linde
plc
627
306,967
LyondellBasell
Industries
NV,
Class
a
A
349
22,713
Mosaic
Co.
(The)
431
10,396
PPG
Industries,
Inc.
302
33,875
Sherwin-Williams
Co.
(The)
311
105,370
854,646
Commercial
Services
&
Supplies
—
0.4%
Cintas
Corp.
460
92,824
Copart,
Inc.*
1,201
39,621
Republic
Services,
Inc.,
Class
a
A
270
59,648
Rollins,
Inc.
397
14,320
Veralto
Corp.
334
32,922
Waste
Management,
Inc.
501
109,679
349,014
Communications
Equipment
—
1.4%
Arista
Networks,
Inc.*
1,404
274,749
Ciena
Corp.*
192
73,498
Cisco
Systems,
Inc.
5,345
590,569
F5,
Inc.*
77
31,349
Lumentum
Holdings,
Inc.*
105
96,050
Motorola
Solutions,
Inc.
225
109,192
1,175,407
Construction
&
Engineering
—
0.3%
Comfort
Systems
USA,
Inc.
47
72,644
EMCOR
Group,
Inc.
61
44,807
Quanta
Services,
Inc.
203
123,239
240,690
Construction
Materials
—
0.2%
CRH
plc
905
85,333
Martin
Marietta
Materials,
Inc.
82
42,533
Vulcan
Materials
Co.
176
47,446
175,312
Consumer
Finance
—
0.5%
American
Express
Co.
722
238,383
Investments
Shares
Value
Common
Stocks
(continued)
Capital
One
Financial
Corp.
843
$
180,832
Synchrony
Financial
455
35,071
454,286
Consumer
Staples
Distribution
&
Retail
—
1.7%
Casey's
General
Stores,
Inc.
50
37,610
Costco
Wholesale
Corp.
600
566,334
Dollar
General
Corp.
298
37,771
Dollar
Tree,
Inc.*
245
31,015
Kroger
Co.
(The)
768
44,191
Sysco
Corp.
649
52,621
Target
Corp.
616
99,102
Walmart,
Inc.
5,940
622,928
1,491,572
Containers
&
Packaging
—
0.2%
Amcor
plc
626
28,727
Avery
Dennison
Corp.
104
18,107
Ball
Corp.
360
22,669
International
Paper
Co.
716
27,158
Packaging
Corp.
of
America
120
28,073
Smurfit
Westrock
plc
710
33,299
158,033
Distributors
—
0.0%(a)
Genuine
Parts
Co.
186
25,235
Diversified
Telecommunication
Services
—
0.8%
AT&T,
Inc.
9,407
243,548
Comcast
Corp.,
Class
a
A
4,831
128,601
Verizon
Communications,
Inc.
5,653
282,763
654,912
Electric
Utilities
—
1.3%
Alliant
Energy
Corp.
350
23,793
American
Electric
Power
Co.,
Inc.
738
90,353
Constellation
Energy
Corp.
433
118,975
Duke
Energy
Corp.
1,057
126,745
Edison
International
521
28,124
Entergy
Corp.
621
66,019
Evergy,
Inc.
313
25,359
Eversource
Energy
510
35,771
Exelon
Corp.
1,387
60,640
FirstEnergy
Corp.
705
32,331
NextEra
Energy,
Inc.
2,825
232,611
NRG
Energy,
Inc.
286
31,494
PG&E
Corp.
2,987
39,637
Pinnacle
West
Capital
Corp.
165
16,111
PPL
Corp.
1,020
34,813
Southern
Co.
(The)
1,527
134,376
Xcel
Energy,
Inc.
845
63,958
1,161,110
Electrical
Equipment
—
1.1%
AMETEK,
Inc.
311
73,138
Eaton
Corp.
plc
526
211,389
Emerson
Electric
Co.
757
115,397
GE
Vernova,
Inc.
363
326,166
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-ENERGY
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
151
SPXE
::
Investments
Shares
Value
Common
Stocks
(continued)
Generac
Holdings,
Inc.*
80
$
14,830
Hubbell,
Inc.,
Class
a
B
72
32,616
Rockwell
Automation,
Inc.
150
63,665
Vertiv
Holdings
Co.,
Class
a
A
520
134,535
971,736
Electronic
Equipment,
Instruments
&
Components
—
1.0%
Amphenol
Corp.,
Class
a
A
1,667
264,303
CDW
Corp.
173
26,223
Coherent
Corp.*
265
73,625
Corning,
Inc.
1,061
157,802
Flex
Ltd.*
499
54,516
Jabil,
Inc.
143
43,652
Keysight
Technologies,
Inc.*
232
74,866
TE
Connectivity
plc
395
81,074
Teledyne
Technologies,
Inc.*
63
38,616
Zebra
Technologies
Corp.,
Class
a
A*
65
22,981
837,658
Entertainment
—
1.1%
Live
Nation
Entertainment,
Inc.*
215
38,676
Netflix,
Inc.*
5,710
462,796
Take-Two
Interactive
Software,
Inc.*
236
51,849
TKO
Group
Holdings,
Inc.,
Class
a
A
86
15,704
Walt
Disney
Co.
(The)
2,351
252,850
Warner
Bros
Discovery,
Inc.*
3,358
95,804
917,679
Financial
Services
—
3.6%
Apollo
Global
Management,
Inc.
626
85,499
Berkshire
Hathaway,
Inc.,
Class
a
B*
2,483
1,251,506
Block,
Inc.,
Class
a
A*
724
59,382
Corpay,
Inc.*
89
35,983
Fidelity
National
Information
Services,
Inc.
700
28,539
Fiserv,
Inc.*
723
38,543
Global
Payments,
Inc.
316
28,772
Jack
Henry
&
Associates,
Inc.
96
16,119
Mastercard,
Inc.,
Class
a
A
1,083
638,223
PayPal
Holdings,
Inc.
1,195
62,935
Visa,
Inc.,
Class
a
A
2,251
853,962
3,099,463
Food
Products
—
0.4%
Archer-Daniels-Midland
Co.
653
53,082
Bunge
Global
SA
185
21,499
General
Mills,
Inc.
723
29,788
Hershey
Co.
(The)
201
35,418
Hormel
Foods
Corp.
394
8,609
J
M
Smucker
Co.
(The)
144
18,887
Kraft
Heinz
Co.
(The)
1,156
29,674
McCormick
&
Co.,
Inc.
(Non-Voting)
344
18,652
Mondelez
International,
Inc.,
Class
a
A
1,739
107,940
Investments
Shares
Value
Common
Stocks
(continued)
Tyson
Foods,
Inc.,
Class
a
A
382
$
21,063
344,612
Gas
Utilities
—
0.0%(a)
Atmos
Energy
Corp.
226
37,545
Ground
Transportation
—
0.9%
CSX
Corp.
2,516
127,083
Fedex
Freight
Holding
Co.,
Inc.*
147
19,660
JB
Hunt
Transport
Services,
Inc.
101
26,813
Norfolk
Southern
Corp.
304
104,208
Old
Dominion
Freight
Line,
Inc.
248
49,590
Uber
Technologies,
Inc.*
2,759
208,718
Union
Pacific
Corp.
804
241,739
777,811
Health
Care
Equipment
&
Supplies
—
1.5%
Abbott
Laboratories
2,360
260,450
Align
Technology,
Inc.*
90
14,381
Baxter
International,
Inc.
700
18,200
Becton
Dickinson
&
Co.
373
70,165
Boston
Scientific
Corp.*
2,012
97,180
Cooper
Cos.,
Inc.
(The)*
264
18,504
Dexcom,
Inc.*
523
47,624
Edwards
Lifesciences
Corp.*
780
70,785
GE
HealthCare
Technologies,
Inc.
617
43,949
IDEXX
Laboratories,
Inc.*
107
59,566
Insulet
Corp.*
94
13,974
Intuitive
Surgical,
Inc.*
479
180,516
Medtronic
plc
1,739
157,640
ResMed,
Inc.
197
47,300
Solventum
Corp.*
201
18,303
STERIS
plc
133
30,941
Stryker
Corp.
467
151,215
Zimmer
Biomet
Holdings,
Inc.
263
26,310
1,327,003
Health
Care
Providers
&
Services
—
1.7%
Cardinal
Health,
Inc.
317
74,375
Cencora,
Inc.
263
85,107
Centene
Corp.*
635
40,856
Cigna
Group
(The)
357
98,561
CVS
Health
Corp.
1,728
162,276
DaVita,
Inc.*
43
7,568
Elevance
Health,
Inc.
294
115,407
HCA
Healthcare,
Inc.
210
87,034
Henry
Schein,
Inc.*
132
11,854
Humana,
Inc.
162
62,083
Labcorp
Holdings,
Inc.
111
36,925
McKesson
Corp.
162
143,422
Quest
Diagnostics,
Inc.
150
36,045
UnitedHealth
Group,
Inc.
1,227
477,806
Universal
Health
Services,
Inc.,
Class
a
B
73
12,434
1,451,753
S&P
500
®
EX-ENERGY
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
152
SPXE
::
Investments
Shares
Value
Common
Stocks
(continued)
Health
Care
REITs
—
0.4%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
212
$
10,873
Healthpeak
Properties,
Inc.,
REIT
934
19,446
Ventas,
Inc.,
REIT
660
60,172
Welltower,
Inc.,
REIT
957
226,082
316,573
Health
Care
Technology
—
0.1%
Veeva
Systems,
Inc.,
Class
a
A*
203
57,995
Hotel
&
Resort
REITs
—
0.0%(a)
Host
Hotels
&
Resorts,
Inc.,
REIT
863
18,926
Hotels,
Restaurants
&
Leisure
—
1.7%
Airbnb,
Inc.,
Class
a
A*
566
103,703
Booking
Holdings,
Inc.
1,050
209,045
Carnival
Corp.
Ltd.
1,742
41,616
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
1,737
66,058
Darden
Restaurants,
Inc.
155
33,210
Domino's
Pizza,
Inc.
41
14,024
DoorDash,
Inc.,
Class
a
A*
513
118,883
Expedia
Group,
Inc.
155
49,154
Hilton
Worldwide
Holdings,
Inc.
308
97,414
Las
Vegas
Sands
Corp.
404
17,699
Marriott
International,
Inc.,
Class
a
A
297
101,503
McDonald's
Corp.
963
253,789
MGM
Resorts
International*
259
10,712
Norwegian
Cruise
Line
Holdings
Ltd.*
622
10,039
Royal
Caribbean
Cruises
Ltd.
338
90,834
Starbucks
Corp.
1,543
163,944
Wynn
Resorts
Ltd.
115
10,497
Yum!
Brands,
Inc.
372
57,031
1,449,155
Household
Durables
—
0.2%
DR
Horton,
Inc.
356
51,463
Garmin
Ltd.
222
63,072
Lennar
Corp.,
Class
a
A
293
24,644
NVR,
Inc.*
4
25,261
PulteGroup,
Inc.
258
32,591
197,031
Household
Products
—
0.7%
Church
&
Dwight
Co.,
Inc.
322
32,129
Clorox
Co.
(The)
163
15,922
Colgate-Palmolive
Co.
1,085
97,455
Kimberly-Clark
Corp.
450
48,577
Procter
&
Gamble
Co.
(The)
3,155
457,854
651,937
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
AES
Corp.
(The)
967
14,253
Investments
Shares
Value
Common
Stocks
(continued)
Vistra
Corp.
429
$
58,932
73,185
Industrial
Conglomerates
—
0.3%
3M
Co.
706
121,312
DuPont
de
Nemours,
Inc.
185
24,899
Honeywell
International,
Inc.
429
91,604
237,815
Industrial
REITs
—
0.2%
Prologis,
Inc.,
REIT
1,263
176,719
Insurance
—
1.7%
Aflac,
Inc.
622
72,059
Allstate
Corp.
(The)
347
89,457
American
International
Group,
Inc.
718
54,827
Aon
plc,
Class
a
A
290
93,241
Arch
Capital
Group
Ltd.*
472
46,289
Arthur
J
Gallagher
&
Co.
347
90,966
Assurant,
Inc.
67
18,885
Brown
&
Brown,
Inc.
395
28,507
Chubb
Ltd.
488
165,237
Cincinnati
Financial
Corp.
210
35,679
Erie
Indemnity
Co.,
Class
a
A
34
8,689
Everest
Group
Ltd.
53
19,856
Globe
Life,
Inc.
105
18,130
Hartford
Insurance
Group,
Inc.
(The)
371
50,968
Loews
Corp.
228
24,690
Marsh
&
McLennan
Cos.,
Inc.
653
123,939
MetLife,
Inc.
733
69,760
Principal
Financial
Group,
Inc.
266
29,303
Progressive
Corp.
(The)
791
172,501
Prudential
Financial,
Inc.
470
55,272
Travelers
Cos.,
Inc.
(The)
288
105,388
W
R
Berkley
Corp.
399
26,956
Willis
Towers
Watson
plc
128
43,334
1,443,933
Interactive
Media
&
Services
—
7.6%
Alphabet,
Inc.,
Class
a
A
7,944
2,695,797
Alphabet,
Inc.,
Class
a
C
6,403
2,147,630
Meta
Platforms,
Inc.,
Class
a
A
2,977
1,703,856
Reddit,
Inc.,
Class
a
A*
179
26,458
6,573,741
IT
Services
—
0.7%
Accenture
plc,
Class
a
A
831
157,691
Akamai
Technologies,
Inc.*
197
21,398
Cognizant
Technology
Solutions
Corp.,
Class
a
A
642
41,461
Gartner,
Inc.*
91
18,028
GoDaddy,
Inc.,
Class
a
A*
181
17,716
International
Business
Machines
Corp.
1,276
298,418
VeriSign,
Inc.
111
31,999
586,711
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-ENERGY
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
153
SPXE
::
Investments
Shares
Value
Common
Stocks
(continued)
Leisure
Products
—
0.0%(a)
Hasbro,
Inc.
183
$
17,220
Life
Sciences
Tools
&
Services
—
0.9%
Agilent
Technologies,
Inc.
382
58,660
Bio-Techne
Corp.
212
15,330
Charles
River
Laboratories
International,
Inc.*
66
19,024
Danaher
Corp.
853
182,167
IQVIA
Holdings,
Inc.*
226
59,029
Mettler-Toledo
International,
Inc.*
27
37,939
Revvity,
Inc.
150
19,300
Thermo
Fisher
Scientific,
Inc.
504
311,018
Waters
Corp.*
133
55,146
West
Pharmaceutical
Services,
Inc.
96
32,746
790,359
Machinery
—
1.8%
Caterpillar,
Inc.
624
497,621
Cummins,
Inc.
187
105,543
Deere
&
Co.
340
222,669
Dover
Corp.
183
35,544
Fortive
Corp.
413
24,301
IDEX
Corp.
100
22,864
Illinois
Tool
Works,
Inc.
353
97,206
Ingersoll
Rand,
Inc.
482
37,138
Nordson
Corp.
72
23,164
Otis
Worldwide
Corp.
520
36,988
PACCAR,
Inc.
713
88,505
Parker-Hannifin
Corp.
171
167,484
Pentair
plc
219
13,241
Snap-on,
Inc.
71
27,428
Stanley
Black
&
Decker,
Inc.
211
20,334
Westinghouse
Air
Brake
Technologies
Corp.
230
65,764
Xylem,
Inc.
322
35,455
1,521,249
Media
—
0.3%
AppLovin
Corp.,
Class
a
A*
364
113,590
Charter
Communications,
Inc.,
Class
a
A*
113
17,226
EchoStar
Corp.,
Class
a
A*
186
16,078
Fox
Corp.,
Class
a
A
270
18,184
Fox
Corp.,
Class
a
B
188
11,321
News
Corp.,
Class
a
A
493
15,140
News
Corp.,
Class
a
B
164
5,643
Omnicom
Group,
Inc.
386
33,787
Paramount
Skydance
Corp.,
Class
a
B(b)
426
4,648
Trade
Desk,
Inc.
(The),
Class
a
A*
578
7,930
243,547
Metals
&
Mining
—
0.5%
Freeport-McMoRan,
Inc.
1,948
147,541
Newmont
Corp.
1,446
182,283
Nucor
Corp.
309
77,139
Investments
Shares
Value
Common
Stocks
(continued)
Steel
Dynamics,
Inc.
184
$
42,802
449,765
Multi-Utilities
—
0.5%
Ameren
Corp.
375
39,754
CenterPoint
Energy,
Inc.
887
35,125
CMS
Energy
Corp.
418
28,449
Consolidated
Edison,
Inc.
500
53,510
Dominion
Energy,
Inc.
1,191
78,618
DTE
Energy
Co.
282
38,248
NiSource,
Inc.
649
26,557
Public
Service
Enterprise
Group,
Inc.
675
49,498
Sempra
885
72,304
WEC
Energy
Group,
Inc.
442
46,927
468,990
Office
REITs
—
0.0%(a)
BXP,
Inc.,
REIT
201
13,666
Passenger
Airlines
—
0.2%
Delta
Air
Lines,
Inc.
887
69,186
Southwest
Airlines
Co.
662
25,507
United
Airlines
Holdings,
Inc.*
440
47,515
142,208
Personal
Care
Products
—
0.1%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
336
34,373
Kenvue,
Inc.
2,601
49,107
83,480
Pharmaceuticals
—
3.5%
Bristol-Myers
Squibb
Co.
2,767
184,863
Eli
Lilly
&
Co.
1,072
1,240,014
Johnson
&
Johnson
3,262
867,203
Merck
&
Co.,
Inc.
3,346
494,405
Pfizer,
Inc.
7,719
219,683
Viatris,
Inc.
1,578
26,053
Zoetis,
Inc.,
Class
a
A
568
43,793
3,076,014
Professional
Services
—
0.4%
Automatic
Data
Processing,
Inc.
541
154,812
Broadridge
Financial
Solutions,
Inc.
156
28,451
Equifax,
Inc.
161
30,455
Jacobs
Solutions,
Inc.
159
23,699
Leidos
Holdings,
Inc.
172
24,116
Paychex,
Inc.
437
55,648
Verisk
Analytics,
Inc.,
Class
a
A
178
34,493
351,674
Real
Estate
Management
&
Development
—
0.1%
CBRE
Group,
Inc.,
Class
a
A*
397
57,886
CoStar
Group,
Inc.*
553
17,735
75,621
S&P
500
®
EX-ENERGY
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
154
SPXE
::
Investments
Shares
Value
Common
Stocks
(continued)
Residential
REITs
—
0.2%
Camden
Property
Trust,
REIT
136
$
14,389
Essex
Property
Trust,
Inc.,
REIT
87
24,618
Invitation
Homes,
Inc.,
REIT
741
21,593
Mid-America
Apartment
Communities,
Inc.,
REIT
157
20,229
UDR,
Inc.,
REIT
400
14,780
Vivmark
Residential,
REIT
987
64,293
159,902
Retail
REITs
—
0.3%
Federal
Realty
Investment
Trust,
REIT
106
12,299
Kimco
Realty
Corp.,
REIT
914
21,671
Realty
Income
Corp.,
REIT
1,262
77,335
Regency
Centers
Corp.,
REIT
224
16,749
Simon
Property
Group,
Inc.,
REIT
439
93,208
221,262
Semiconductors
&
Semiconductor
Equipment
—
17.9%
Advanced
Micro
Devices,
Inc.*
2,209
1,039,820
Analog
Devices,
Inc.
661
239,375
Applied
Materials,
Inc.
1,075
492,769
Broadcom,
Inc.
6,415
2,375,731
First
Solar,
Inc.*
145
29,275
Intel
Corp.*
6,704
600,075
KLA
Corp.
1,769
310,371
Lam
Research
Corp.
1,693
510,423
Marvell
Technology,
Inc.
1,186
251,029
Microchip
Technology,
Inc.
734
53,912
Micron
Technology,
Inc.
1,524
1,461,105
Monolithic
Power
Systems,
Inc.
67
84,941
NVIDIA
Corp.
32,820
7,246,000
NXP
Semiconductors
NV
342
76,827
ON
Semiconductor
Corp.*
532
39,416
Qnity
Electronics,
Inc.
284
33,918
QUALCOMM,
Inc.
1,430
243,786
Skyworks
Solutions,
Inc.(b)
204
13,670
Teradyne,
Inc.
212
74,164
Texas
Instruments,
Inc.
1,232
321,441
15,498,048
Software
—
9.7%
Adobe,
Inc.*
548
160,449
Autodesk,
Inc.*
286
73,940
Cadence
Design
Systems,
Inc.*
372
126,026
Crowdstrike
Holdings,
Inc.,
Class
a
A*
1,383
319,473
Datadog,
Inc.,
Class
a
A*
448
106,194
Fair
Isaac
Corp.*
31
35,563
Fortinet,
Inc.*
844
144,265
Gen
Digital,
Inc.
747
23,157
Intuit,
Inc.
373
134,019
Microsoft
Corp.
10,072
5,109,425
Oracle
Corp.
2,300
342,976
Palantir
Technologies,
Inc.,
Class
a
A*
3,111
579,828
Palo
Alto
Networks,
Inc.*
1,098
419,579
Investments
Shares
Value
Common
Stocks
(continued)
PTC,
Inc.*
156
$
24,295
Roper
Technologies,
Inc.
136
57,751
Salesforce,
Inc.
1,108
285,354
ServiceNow,
Inc.*
1,399
207,038
Synopsys,
Inc.*
259
113,854
Trimble,
Inc.*
317
19,001
Tyler
Technologies,
Inc.*
58
21,589
Workday,
Inc.,
Class
a
A*
275
54,299
8,358,075
Specialized
REITs
—
0.7%
American
Tower
Corp.,
REIT
631
110,867
Crown
Castle,
Inc.,
REIT
591
44,999
Digital
Realty
Trust,
Inc.,
REIT
471
87,413
Equinix,
Inc.,
REIT
133
139,214
Extra
Space
Storage,
Inc.,
REIT
286
40,354
Iron
Mountain,
Inc.,
REIT
403
46,486
Public
Storage,
REIT
228
69,994
SBA
Communications
Corp.,
Class
a
A,
REIT
143
27,121
VICI
Properties,
Inc.,
Class
a
A,
REIT
1,480
37,962
Weyerhaeuser
Co.,
REIT
977
22,832
627,242
Specialty
Retail
—
1.4%
AutoZone,
Inc.*
22
65,807
Best
Buy
Co.,
Inc.
266
21,320
Carvana
Co.,
Class
a
A*
970
71,256
Home
Depot,
Inc.
(The)
1,349
442,243
Lowe's
Cos.,
Inc.
758
155,163
O'Reilly
Automotive,
Inc.*
1,123
99,722
Ross
Stores,
Inc.
436
99,643
TJX
Cos.,
Inc.
(The)
1,501
200,999
Tractor
Supply
Co.
710
24,779
Ulta
Beauty,
Inc.*
59
31,689
Williams-Sonoma,
Inc.
159
36,292
1,248,913
Technology
Hardware,
Storage
&
Peripherals
—
8.6%
Apple,
Inc.
19,895
6,303,731
Dell
Technologies,
Inc.,
Class
a
C
391
178,300
Hewlett
Packard
Enterprise
Co.
1,796
93,823
HP,
Inc.
1,239
37,195
NetApp,
Inc.
267
49,472
Sandisk
Corp.*
201
314,907
Seagate
Technology
Holdings
plc
304
251,828
Super
Micro
Computer,
Inc.*
766
28,556
Western
Digital
Corp.
466
209,956
7,467,768
Textiles,
Apparel
&
Luxury
Goods
—
0.2%
Deckers
Outdoor
Corp.*
193
16,806
Lululemon
Athletica,
Inc.*
141
16,957
NIKE,
Inc.,
Class
a
B
1,625
63,473
Ralph
Lauren
Corp.,
Class
a
A
52
18,039
Tapestry,
Inc.
273
33,685
148,960
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-ENERGY
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
155
SPXE
::
Investments
Shares
Value
Common
Stocks
(continued)
Tobacco
—
0.6%
Altria
Group,
Inc.
2,261
$
154,833
Philip
Morris
International,
Inc.
2,111
395,391
550,224
Trading
Companies
&
Distributors
—
0.3%
Fastenal
Co.
1,557
76,776
Ferguson
Enterprises,
Inc.
264
59,270
United
Rentals,
Inc.
85
88,230
WW
Grainger,
Inc.
59
77,260
301,536
Water
Utilities
—
0.0%(a)
American
Water
Works
Co.,
Inc.
264
36,493
Wireless
Telecommunication
Services
—
0.1%
T-Mobile
US,
Inc.
631
113,858
Total
Common
Stocks
(Cost
$51,376,365)
86,440,510
Securities
Lending
Reinvestments
(c)
—
0
.0
%
(a)
Investment
Companies
—
0
.0
%
(a)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$6,008)
6,008
6,008
Principal
Amount
Short-Term
Investments
—
0
.1
%
Repurchase
Agreements
(e)
—
0
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$72,986
(Cost
$72,980)
$
72,980
72,980
Total
Investments
—
99.9%
(Cost
$51,455,353)
86,519,498
Other
assets
less
liabilities
—
0.1%
47,760
Net
Assets
—
100.0%
$
86,567,258
*
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
$5,925,
collateralized
in
the
form
of
cash
with
a
value
of
$6,008
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
$6,008.
(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
S&P
500
®
EX-FINANCIALS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
156
SPXN
::
Investments
Shares
Value
Common
Stocks
—
99
.8
%
Aerospace
&
Defense
—
2.5%
Axon
Enterprise,
Inc.*
113
$
64,021
Boeing
Co.
(The)*
1,106
229,805
General
Dynamics
Corp.
356
132,201
General
Electric
Co.
1,465
491,815
Honeywell
Aerospace,
Inc.*
443
70,043
Howmet
Aerospace,
Inc.
561
137,417
Huntington
Ingalls
Industries,
Inc.
56
16,307
L3Harris
Technologies,
Inc.
262
69,757
Lockheed
Martin
Corp.
285
159,950
Northrop
Grumman
Corp.
187
100,924
RTX
Corp.
1,890
392,610
Textron,
Inc.
244
19,657
TransDigm
Group,
Inc.
79
92,567
1,977,074
Air
Freight
&
Logistics
—
0.3%
CH
Robinson
Worldwide,
Inc.
166
24,843
Expeditors
International
of
Washington,
Inc.
184
34,896
FedEx
Corp.
308
100,839
United
Parcel
Service,
Inc.,
Class
a
B
1,046
109,025
269,603
Automobile
Components
—
0.0%(a)
Aptiv
plc*
295
13,204
Automobiles
—
2.1%
Ford
Motor
Co.
5,487
76,489
General
Motors
Co.
1,264
109,108
Tesla,
Inc.*
3,945
1,451,563
1,637,160
Beverages
—
1.2%
Brown-Forman
Corp.,
Class
a
B
234
6,217
Coca-Cola
Co.
(The)
5,431
481,567
Constellation
Brands,
Inc.,
Class
a
A
196
25,602
Keurig
Dr
Pepper,
Inc.
1,907
60,757
Molson
Coors
Beverage
Co.,
Class
a
B
223
8,866
Monster
Beverage
Corp.*
2,002
91,932
PepsiCo,
Inc.
1,918
269,172
944,113
Biotechnology
—
2.1%
AbbVie,
Inc.
2,480
635,921
Amgen,
Inc.
757
325,419
Biogen,
Inc.*
207
44,846
Gilead
Sciences,
Inc.
1,740
254,632
Incyte
Corp.*
235
28,957
Moderna,
Inc.*
493
69,188
Regeneron
Pharmaceuticals,
Inc.
140
111,871
Vertex
Pharmaceuticals,
Inc.*
356
193,849
1,664,683
Investments
Shares
Value
Common
Stocks
(continued)
Broadline
Retail
—
4.6%
Amazon.com,
Inc.*
13,725
$
3,565,343
eBay,
Inc.
624
64,622
3,629,965
Building
Products
—
0.5%
A
O
Smith
Corp.
155
9,165
Allegion
plc
120
18,630
Builders
FirstSource,
Inc.*
151
10,026
Carrier
Global
Corp.
1,093
63,635
Johnson
Controls
International
plc
857
118,472
Lennox
International,
Inc.
44
16,836
Masco
Corp.
282
20,349
Trane
Technologies
plc
310
137,764
394,877
Chemicals
—
1.1%
Air
Products
and
Chemicals,
Inc.
312
96,552
Albemarle
Corp.
166
22,405
CF
Industries
Holdings,
Inc.
215
27,957
Corteva,
Inc.
937
79,298
Dow,
Inc.
1,010
30,825
Ecolab,
Inc.
356
100,819
International
Flavors
&
Fragrances,
Inc.
357
30,820
Linde
plc
648
317,248
LyondellBasell
Industries
NV,
Class
a
A
360
23,429
Mosaic
Co.
(The)
443
10,685
PPG
Industries,
Inc.
314
35,221
Sherwin-Williams
Co.
(The)
321
108,758
884,017
Commercial
Services
&
Supplies
—
0.5%
Cintas
Corp.
477
96,254
Copart,
Inc.*
1,240
40,908
Republic
Services,
Inc.,
Class
a
A
281
62,078
Rollins,
Inc.
409
14,753
Veralto
Corp.
344
33,908
Waste
Management,
Inc.
518
113,400
361,301
Communications
Equipment
—
1.5%
Arista
Networks,
Inc.*
1,454
284,533
Ciena
Corp.*
198
75,794
Cisco
Systems,
Inc.
5,534
611,452
F5,
Inc.*
79
32,163
Lumentum
Holdings,
Inc.*
109
99,709
Motorola
Solutions,
Inc.
232
112,590
1,216,241
Construction
&
Engineering
—
0.3%
Comfort
Systems
USA,
Inc.
49
75,735
EMCOR
Group,
Inc.
63
46,276
Quanta
Services,
Inc.
210
127,489
249,500
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-FINANCIALS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
157
SPXN
::
Investments
Shares
Value
Common
Stocks
(continued)
Construction
Materials
—
0.2%
CRH
plc
937
$
88,350
Martin
Marietta
Materials,
Inc.
84
43,571
Vulcan
Materials
Co.
182
49,063
180,984
Consumer
Staples
Distribution
&
Retail
—
1.9%
Casey's
General
Stores,
Inc.
52
39,115
Costco
Wholesale
Corp.
622
587,099
Dollar
General
Corp.
309
39,166
Dollar
Tree,
Inc.*
254
32,154
Kroger
Co.
(The)
793
45,629
Sysco
Corp.
670
54,324
Target
Corp.
638
102,641
Walmart,
Inc.
6,149
644,846
1,544,974
Containers
&
Packaging
—
0.2%
Amcor
plc
646
29,645
Avery
Dennison
Corp.
107
18,630
Ball
Corp.
371
23,362
International
Paper
Co.
740
28,068
Packaging
Corp.
of
America
124
29,008
Smurfit
Westrock
plc
734
34,425
163,138
Distributors
—
0.0%(a)
Genuine
Parts
Co.
192
26,049
Diversified
Telecommunication
Services
—
0.9%
AT&T,
Inc.
9,736
252,065
Comcast
Corp.,
Class
a
A
4,997
133,020
Verizon
Communications,
Inc.
5,849
292,567
677,652
Electric
Utilities
—
1.5%
Alliant
Energy
Corp.
361
24,541
American
Electric
Power
Co.,
Inc.
764
93,537
Constellation
Energy
Corp.
447
122,822
Duke
Energy
Corp.
1,094
131,182
Edison
International
537
28,987
Entergy
Corp.
643
68,357
Evergy,
Inc.
323
26,169
Eversource
Energy
525
36,824
Exelon
Corp.
1,432
62,607
FirstEnergy
Corp.
728
33,386
NextEra
Energy,
Inc.
2,922
240,598
NRG
Energy,
Inc.
297
32,706
PG&E
Corp.
3,090
41,004
Pinnacle
West
Capital
Corp.
171
16,696
PPL
Corp.
1,054
35,973
Southern
Co.
(The)
1,581
139,128
Xcel
Energy,
Inc.
873
66,077
1,200,594
Electrical
Equipment
—
1.3%
AMETEK,
Inc.
321
75,490
Investments
Shares
Value
Common
Stocks
(continued)
Eaton
Corp.
plc
544
$
218,623
Emerson
Electric
Co.
787
119,970
GE
Vernova,
Inc.
377
338,746
Generac
Holdings,
Inc.*
83
15,386
Hubbell,
Inc.,
Class
a
B
74
33,522
Rockwell
Automation,
Inc.
156
66,211
Vertiv
Holdings
Co.,
Class
a
A
538
139,191
1,007,139
Electronic
Equipment,
Instruments
&
Components
—
1.1%
Amphenol
Corp.,
Class
a
A
1,726
273,657
CDW
Corp.
179
27,133
Coherent
Corp.*
275
76,403
Corning,
Inc.
1,099
163,454
Flex
Ltd.*
516
56,373
Jabil,
Inc.
148
45,179
Keysight
Technologies,
Inc.*
240
77,448
TE
Connectivity
plc
408
83,742
Teledyne
Technologies,
Inc.*
65
39,842
Zebra
Technologies
Corp.,
Class
a
A*
67
23,688
866,919
Energy
Equipment
&
Services
—
0.3%
Baker
Hughes
Co.,
Class
a
A
1,389
88,271
Halliburton
Co.
1,170
43,115
SLB
Ltd.
2,094
125,849
257,235
Entertainment
—
1.2%
Live
Nation
Entertainment,
Inc.*
222
39,935
Netflix,
Inc.*
5,910
479,005
Take-Two
Interactive
Software,
Inc.*
244
53,607
TKO
Group
Holdings,
Inc.,
Class
a
A
88
16,070
Walt
Disney
Co.
(The)
2,433
261,669
Warner
Bros
Discovery,
Inc.*
3,475
99,142
949,428
Food
Products
—
0.4%
Archer-Daniels-Midland
Co.
673
54,708
Bunge
Global
SA
192
22,312
General
Mills,
Inc.
745
30,694
Hershey
Co.
(The)
208
36,652
Hormel
Foods
Corp.
406
8,871
J
M
Smucker
Co.
(The)
148
19,412
Kraft
Heinz
Co.
(The)
1,195
30,676
McCormick
&
Co.,
Inc.
(Non-Voting)
355
19,248
Mondelez
International,
Inc.,
Class
a
A
1,800
111,726
Tyson
Foods,
Inc.,
Class
a
A
393
21,670
355,969
Gas
Utilities
—
0.0%(a)
Atmos
Energy
Corp.
234
38,874
S&P
500
®
EX-FINANCIALS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
158
SPXN
::
Investments
Shares
Value
Common
Stocks
(continued)
Ground
Transportation
—
1.0%
CSX
Corp.
2,604
$
131,528
Fedex
Freight
Holding
Co.,
Inc.*
153
20,462
JB
Hunt
Transport
Services,
Inc.
104
27,609
Norfolk
Southern
Corp.
315
107,979
Old
Dominion
Freight
Line,
Inc.
257
51,390
Uber
Technologies,
Inc.*
2,857
216,132
Union
Pacific
Corp.
833
250,458
805,558
Health
Care
Equipment
&
Supplies
—
1.7%
Abbott
Laboratories
2,442
269,499
Align
Technology,
Inc.*
93
14,861
Baxter
International,
Inc.
722
18,772
Becton
Dickinson
&
Co.
386
72,611
Boston
Scientific
Corp.*
2,081
100,512
Cooper
Cos.,
Inc.
(The)*
272
19,065
Dexcom,
Inc.*
538
48,990
Edwards
Lifesciences
Corp.*
807
73,235
GE
HealthCare
Technologies,
Inc.
636
45,302
IDEXX
Laboratories,
Inc.*
111
61,793
Insulet
Corp.*
97
14,420
Intuitive
Surgical,
Inc.*
497
187,300
Medtronic
plc
1,799
163,079
ResMed,
Inc.
204
48,980
Solventum
Corp.*
205
18,667
STERIS
plc
137
31,872
Stryker
Corp.
483
156,395
Zimmer
Biomet
Holdings,
Inc.
273
27,311
1,372,664
Health
Care
Providers
&
Services
—
1.9%
Cardinal
Health,
Inc.
328
76,955
Cencora,
Inc.
273
88,343
Centene
Corp.*
656
42,207
Cigna
Group
(The)
371
102,426
CVS
Health
Corp.
1,789
168,005
DaVita,
Inc.*
45
7,920
Elevance
Health,
Inc.
304
119,332
HCA
Healthcare,
Inc.
218
90,350
Henry
Schein,
Inc.*
136
12,213
Humana,
Inc.
169
64,766
Labcorp
Holdings,
Inc.
115
38,256
McKesson
Corp.
169
149,619
Quest
Diagnostics,
Inc.
156
37,487
UnitedHealth
Group,
Inc.
1,271
494,940
Universal
Health
Services,
Inc.,
Class
a
B
75
12,775
1,505,594
Health
Care
Technology
—
0.1%
Veeva
Systems,
Inc.,
Class
a
A*
210
59,995
Hotels,
Restaurants
&
Leisure
—
1.9%
Airbnb,
Inc.,
Class
a
A*
586
107,367
Booking
Holdings,
Inc.
1,088
216,610
Investments
Shares
Value
Common
Stocks
(continued)
Carnival
Corp.
Ltd.
1,803
$
43,074
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
1,798
68,378
Darden
Restaurants,
Inc.
161
34,496
Domino's
Pizza,
Inc.
42
14,367
DoorDash,
Inc.,
Class
a
A*
531
123,054
Expedia
Group,
Inc.
161
51,056
Hilton
Worldwide
Holdings,
Inc.
319
100,893
Las
Vegas
Sands
Corp.
416
18,225
Marriott
International,
Inc.,
Class
a
A
307
104,920
McDonald's
Corp.
997
262,749
MGM
Resorts
International*
267
11,043
Norwegian
Cruise
Line
Holdings
Ltd.*
641
10,346
Royal
Caribbean
Cruises
Ltd.
350
94,059
Starbucks
Corp.
1,597
169,681
Wynn
Resorts
Ltd.
119
10,862
Yum!
Brands,
Inc.
386
59,178
1,500,358
Household
Durables
—
0.3%
DR
Horton,
Inc.
369
53,343
Garmin
Ltd.
230
65,345
Lennar
Corp.,
Class
a
A
303
25,485
NVR,
Inc.*
4
25,261
PulteGroup,
Inc.
267
33,728
203,162
Household
Products
—
0.8%
Church
&
Dwight
Co.,
Inc.
333
33,227
Clorox
Co.
(The)
171
16,703
Colgate-Palmolive
Co.
1,122
100,778
Kimberly-Clark
Corp.
467
50,413
Procter
&
Gamble
Co.
(The)
3,266
473,962
675,083
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
AES
Corp.
(The)
998
14,711
Vistra
Corp.
444
60,992
75,703
Industrial
Conglomerates
—
0.3%
3M
Co.
731
125,608
DuPont
de
Nemours,
Inc.
190
25,572
Honeywell
International,
Inc.
443
94,594
245,774
Interactive
Media
&
Services
—
8.5%
Alphabet,
Inc.,
Class
a
A
8,222
2,790,136
Alphabet,
Inc.,
Class
a
C
6,627
2,222,762
Meta
Platforms,
Inc.,
Class
a
A
3,080
1,762,807
Reddit,
Inc.,
Class
a
A*
185
27,345
6,803,050
IT
Services
—
0.8%
Accenture
plc,
Class
a
A
862
163,573
Akamai
Technologies,
Inc.*
204
22,159
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-FINANCIALS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
159
SPXN
::
Investments
Shares
Value
Common
Stocks
(continued)
Cognizant
Technology
Solutions
Corp.,
Class
a
A
663
$
42,817
Gartner,
Inc.*
94
18,622
GoDaddy,
Inc.,
Class
a
A*
186
18,206
International
Business
Machines
Corp.
1,320
308,708
VeriSign,
Inc.
115
33,152
607,237
Leisure
Products
—
0.0%(a)
Hasbro,
Inc.
189
17,785
Life
Sciences
Tools
&
Services
—
1.0%
Agilent
Technologies,
Inc.
396
60,810
Bio-Techne
Corp.
217
15,691
Charles
River
Laboratories
International,
Inc.*
68
19,600
Danaher
Corp.
884
188,787
IQVIA
Holdings,
Inc.*
234
61,119
Mettler-Toledo
International,
Inc.*
28
39,344
Revvity,
Inc.
157
20,201
Thermo
Fisher
Scientific,
Inc.
521
321,509
Waters
Corp.*
137
56,804
West
Pharmaceutical
Services,
Inc.
99
33,770
817,635
Machinery
—
2.0%
Caterpillar,
Inc.
645
514,368
Cummins,
Inc.
194
109,494
Deere
&
Co.
353
231,183
Dover
Corp.
189
36,709
Fortive
Corp.
424
24,948
IDEX
Corp.
104
23,779
Illinois
Tool
Works,
Inc.
368
101,336
Ingersoll
Rand,
Inc.
498
38,371
Nordson
Corp.
75
24,129
Otis
Worldwide
Corp.
535
38,054
PACCAR,
Inc.
739
91,732
Parker-Hannifin
Corp.
177
173,361
Pentair
plc
224
13,543
Snap-on,
Inc.
73
28,201
Stanley
Black
&
Decker,
Inc.
218
21,009
Westinghouse
Air
Brake
Technologies
Corp.
238
68,051
Xylem,
Inc.
334
36,777
1,575,045
Media
—
0.3%
AppLovin
Corp.,
Class
a
A*
378
117,959
Charter
Communications,
Inc.,
Class
a
A*
117
17,836
EchoStar
Corp.,
Class
a
A*
192
16,597
Fox
Corp.,
Class
a
A
278
18,723
Fox
Corp.,
Class
a
B
193
11,622
News
Corp.,
Class
a
A
509
15,631
News
Corp.,
Class
a
B
168
5,781
Omnicom
Group,
Inc.
399
34,924
Investments
Shares
Value
Common
Stocks
(continued)
Paramount
Skydance
Corp.,
Class
a
B(b)
440
$
4,800
Trade
Desk,
Inc.
(The),
Class
a
A*
597
8,191
252,064
Metals
&
Mining
—
0.6%
Freeport-McMoRan,
Inc.
2,014
152,540
Newmont
Corp.
1,497
188,712
Nucor
Corp.
319
79,635
Steel
Dynamics,
Inc.
190
44,198
465,085
Multi-Utilities
—
0.6%
Ameren
Corp.
389
41,238
CenterPoint
Energy,
Inc.
916
36,274
CMS
Energy
Corp.
431
29,334
Consolidated
Edison,
Inc.
518
55,436
Dominion
Energy,
Inc.
1,232
81,324
DTE
Energy
Co.
291
39,468
NiSource,
Inc.
671
27,457
Public
Service
Enterprise
Group,
Inc.
696
51,038
Sempra
915
74,756
WEC
Energy
Group,
Inc.
459
48,732
485,057
Oil,
Gas
&
Consumable
Fuels
—
3.7%
APA
Corp.
494
21,316
Chevron
Corp.
2,628
541,736
ConocoPhillips
1,709
226,425
Devon
Energy
Corp.
1,615
78,344
Diamondback
Energy,
Inc.
272
54,531
EOG
Resources,
Inc.
747
108,285
EQT
Corp.
876
47,462
Expand
Energy
Corp.
336
32,982
ExxonMobil
Holdings
Corp.
5,810
935,119
Kinder
Morgan,
Inc.
2,744
88,466
Marathon
Petroleum
Corp.
408
152,315
Occidental
Petroleum
Corp.
1,018
61,263
ONEOK,
Inc.
883
84,777
Phillips
66
563
138,824
Targa
Resources
Corp.
301
88,389
Texas
Pacific
Land
Corp.
81
30,321
Valero
Energy
Corp.
415
148,952
Williams
Cos.,
Inc.
(The)
1,714
128,636
2,968,143
Passenger
Airlines
—
0.2%
Delta
Air
Lines,
Inc.
917
71,526
Southwest
Airlines
Co.
684
26,355
United
Airlines
Holdings,
Inc.*
457
49,351
147,232
Personal
Care
Products
—
0.1%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
346
35,396
Kenvue,
Inc.
2,691
50,806
86,202
S&P
500
®
EX-FINANCIALS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
160
SPXN
::
Investments
Shares
Value
Common
Stocks
(continued)
Pharmaceuticals
—
4.0%
Bristol-Myers
Squibb
Co.
2,864
$
191,344
Eli
Lilly
&
Co.
1,111
1,285,127
Johnson
&
Johnson
3,377
897,775
Merck
&
Co.,
Inc.
3,463
511,693
Pfizer,
Inc.
7,989
227,367
Viatris,
Inc.
1,632
26,944
Zoetis,
Inc.,
Class
a
A
586
45,181
3,185,431
Professional
Services
—
0.5%
Automatic
Data
Processing,
Inc.
561
160,536
Broadridge
Financial
Solutions,
Inc.
163
29,728
Equifax,
Inc.
167
31,590
Jacobs
Solutions,
Inc.
166
24,742
Leidos
Holdings,
Inc.
177
24,817
Paychex,
Inc.
454
57,812
Verisk
Analytics,
Inc.,
Class
a
A
184
35,656
364,881
Semiconductors
&
Semiconductor
Equipment
—
20.1%
Advanced
Micro
Devices,
Inc.*
2,286
1,076,066
Analog
Devices,
Inc.
685
248,066
Applied
Materials,
Inc.
1,114
510,646
Broadcom,
Inc.
6,640
2,459,058
First
Solar,
Inc.*
151
30,487
Intel
Corp.*
6,939
621,110
KLA
Corp.
1,832
321,424
Lam
Research
Corp.
1,754
528,813
Marvell
Technology,
Inc.
1,227
259,707
Microchip
Technology,
Inc.
759
55,749
Micron
Technology,
Inc.
1,578
1,512,876
Monolithic
Power
Systems,
Inc.
69
87,476
NVIDIA
Corp.
33,957
7,497,026
NXP
Semiconductors
NV
354
79,523
ON
Semiconductor
Corp.*
551
40,824
Qnity
Electronics,
Inc.
294
35,112
QUALCOMM,
Inc.
1,481
252,481
Skyworks
Solutions,
Inc.(b)
210
14,072
Teradyne,
Inc.
219
76,613
Texas
Instruments,
Inc.
1,276
332,921
16,040,050
Software
—
10.9%
Adobe,
Inc.*
567
166,012
Autodesk,
Inc.*
296
76,525
Cadence
Design
Systems,
Inc.*
386
130,769
Crowdstrike
Holdings,
Inc.,
Class
a
A*
1,430
330,330
Datadog,
Inc.,
Class
a
A*
463
109,750
Fair
Isaac
Corp.*
32
36,711
Fortinet,
Inc.*
873
149,222
Gen
Digital,
Inc.
772
23,932
Intuit,
Inc.
387
139,049
Microsoft
Corp.
10,425
5,288,498
Oracle
Corp.
2,382
355,204
Palantir
Technologies,
Inc.,
Class
a
A*
3,219
599,957
Investments
Shares
Value
Common
Stocks
(continued)
Palo
Alto
Networks,
Inc.*
1,138
$
434,864
PTC,
Inc.*
161
25,074
Roper
Technologies,
Inc.
141
59,874
Salesforce,
Inc.
1,147
295,398
ServiceNow,
Inc.*
1,447
214,142
Synopsys,
Inc.*
269
118,250
Trimble,
Inc.*
326
19,540
Tyler
Technologies,
Inc.*
60
22,333
Workday,
Inc.,
Class
a
A*
285
56,273
8,651,707
Specialty
Retail
—
1.6%
AutoZone,
Inc.*
23
68,799
Best
Buy
Co.,
Inc.
275
22,041
Carvana
Co.,
Class
a
A*
1,003
73,680
Home
Depot,
Inc.
(The)
1,396
457,651
Lowe's
Cos.,
Inc.
785
160,689
O'Reilly
Automotive,
Inc.*
1,162
103,186
Ross
Stores,
Inc.
451
103,072
TJX
Cos.,
Inc.
(The)
1,554
208,096
Tractor
Supply
Co.
733
25,582
Ulta
Beauty,
Inc.*
61
32,763
Williams-Sonoma,
Inc.
165
37,661
1,293,220
Technology
Hardware,
Storage
&
Peripherals
—
9.7%
Apple,
Inc.
20,594
6,525,209
Dell
Technologies,
Inc.,
Class
a
C
404
184,228
Hewlett
Packard
Enterprise
Co.
1,859
97,114
HP,
Inc.
1,281
38,456
NetApp,
Inc.
277
51,325
Sandisk
Corp.*
207
324,307
Seagate
Technology
Holdings
plc
314
260,111
Super
Micro
Computer,
Inc.*
782
29,153
Western
Digital
Corp.
482
217,165
7,727,068
Textiles,
Apparel
&
Luxury
Goods
—
0.2%
Deckers
Outdoor
Corp.*
200
17,416
Lululemon
Athletica,
Inc.*
145
17,438
NIKE,
Inc.,
Class
a
B
1,681
65,660
Ralph
Lauren
Corp.,
Class
a
A
55
19,079
Tapestry,
Inc.
283
34,919
154,512
Tobacco
—
0.7%
Altria
Group,
Inc.
2,339
160,175
Philip
Morris
International,
Inc.
2,185
409,250
569,425
Trading
Companies
&
Distributors
—
0.4%
Fastenal
Co.
1,610
79,389
Ferguson
Enterprises,
Inc.
274
61,516
United
Rentals,
Inc.
88
91,344
WW
Grainger,
Inc.
61
79,879
312,128
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-FINANCIALS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
161
SPXN
::
Investments
Shares
Value
Common
Stocks
(continued)
Water
Utilities
—
0.0%(a)
American
Water
Works
Co.,
Inc.
273
$
37,737
Wireless
Telecommunication
Services
—
0.1%
T-Mobile
US,
Inc.
654
118,008
Total
Common
Stocks
(Cost
$48,883,344)
79,633,286
Securities
Lending
Reinvestments
(c)
—
0
.0
%
(a)
Investment
Companies
—
0
.0
%
(a)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$14,066)
14,066
14,066
Principal
Amount
Short-Term
Investments
—
0
.1
%
Repurchase
Agreements
(e)
—
0
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$42,206
(Cost
$42,201)
$
42,201
42,201
Total
Investments
—
99.9%
(Cost
$48,939,611)
79,689,553
Other
assets
less
liabilities
—
0.1%
45,975
Net
Assets
—
100.0%
$
79,735,528
*
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
$18,794,
collateralized
in
the
form
of
cash
with
a
value
of
$14,066
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$4,885
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
4.75%,
and
maturity
dates
ranging
from
September
8,
2026
–
May
15,
2055.
The
total
value
of
collateral
is
$18,951.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$14,066.
(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.
S&P
500
®
EX-HEALTH
CARE
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
162
SPXV
::
Investments
Shares
Value
Common
Stocks
—
99
.9
%
Aerospace
&
Defense
—
2.3%
Axon
Enterprise,
Inc.*
55
$
31,161
Boeing
Co.
(The)*
539
111,993
General
Dynamics
Corp.
173
64,244
General
Electric
Co.
714
239,697
Honeywell
Aerospace,
Inc.*
216
34,152
Howmet
Aerospace,
Inc.
273
66,871
Huntington
Ingalls
Industries,
Inc.
27
7,862
L3Harris
Technologies,
Inc.
127
33,814
Lockheed
Martin
Corp.
139
78,011
Northrop
Grumman
Corp.
92
49,652
RTX
Corp.
923
191,735
Textron,
Inc.
119
9,587
TransDigm
Group,
Inc.
38
44,526
963,305
Air
Freight
&
Logistics
—
0.3%
CH
Robinson
Worldwide,
Inc.
81
12,122
Expeditors
International
of
Washington,
Inc.
90
17,069
FedEx
Corp.
150
49,110
United
Parcel
Service,
Inc.,
Class
a
B
512
53,366
131,667
Automobile
Components
—
0.0%(a)
Aptiv
plc*
145
6,490
Automobiles
—
2.0%
Ford
Motor
Co.
2,677
37,317
General
Motors
Co.
617
53,260
Tesla,
Inc.*
1,926
708,672
799,249
Banks
—
3.8%
Bank
of
America
Corp.
4,474
277,120
Citigroup,
Inc.
1,168
153,732
Citizens
Financial
Group,
Inc.
290
19,972
Fifth
Third
Bancorp
620
33,337
Huntington
Bancshares,
Inc.
1,387
23,142
JPMorgan
Chase
&
Co.
1,836
653,653
KeyCorp
630
13,614
M&T
Bank
Corp.
100
23,394
PNC
Financial
Services
Group,
Inc.
(The)
274
65,659
Regions
Financial
Corp.
584
17,450
Truist
Financial
Corp.
855
42,391
U.S.
Bancorp
1,063
65,459
Wells
Fargo
&
Co.
2,097
181,160
1,570,083
Beverages
—
1.1%
Brown-Forman
Corp.,
Class
a
B
115
3,056
Coca-Cola
Co.
(The)
2,648
234,798
Constellation
Brands,
Inc.,
Class
a
A
96
12,539
Keurig
Dr
Pepper,
Inc.
932
29,693
Investments
Shares
Value
Common
Stocks
(continued)
Molson
Coors
Beverage
Co.,
Class
a
B
110
$
4,374
Monster
Beverage
Corp.*
976
44,818
PepsiCo,
Inc.
937
131,499
460,777
Broadline
Retail
—
4.3%
Amazon.com,
Inc.*
6,695
1,739,160
eBay,
Inc.
304
31,482
1,770,642
Building
Products
—
0.5%
A
O
Smith
Corp.
76
4,494
Allegion
plc
59
9,160
Builders
FirstSource,
Inc.*
74
4,914
Carrier
Global
Corp.
533
31,031
Johnson
Controls
International
plc
416
57,508
Lennox
International,
Inc.
21
8,035
Masco
Corp.
138
9,958
Trane
Technologies
plc
151
67,104
192,204
Capital
Markets
—
3.6%
Ameriprise
Financial,
Inc.
61
33,740
Ares
Management
Corp.,
Class
a
A
144
20,616
Bank
of
New
York
Mellon
Corp.
(The)
468
75,479
Blackrock,
Inc.
99
114,405
Blackstone,
Inc.
509
72,909
Cboe
Global
Markets,
Inc.
71
21,314
Charles
Schwab
Corp.
(The)
1,119
122,889
CME
Group,
Inc.
248
70,804
Coinbase
Global,
Inc.,
Class
a
A*
152
28,594
FactSet
Research
Systems,
Inc.
24
7,525
Franklin
Templeton,
Inc.
210
7,171
Goldman
Sachs
Group,
Inc.
(The)
202
207,232
Interactive
Brokers
Group,
Inc.,
Class
a
A
306
29,771
Intercontinental
Exchange,
Inc.
378
60,745
Invesco
Ltd.
304
9,965
KKR
&
Co.,
Inc.
474
52,007
Moody's
Corp.
103
51,978
Morgan
Stanley
821
175,136
MSCI,
Inc.,
Class
a
A
50
28,532
Nasdaq,
Inc.
307
30,273
Northern
Trust
Corp.
126
23,381
Raymond
James
Financial,
Inc.
118
21,024
Robinhood
Markets,
Inc.,
Class
a
A*
543
56,912
S&P
Global,
Inc.
208
90,655
State
Street
Corp.
190
36,362
T.
Rowe
Price
Group,
Inc.
146
16,247
1,465,666
Chemicals
—
1.1%
Air
Products
and
Chemicals,
Inc.
152
47,038
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-HEALTH
CARE
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
163
SPXV
::
Investments
Shares
Value
Common
Stocks
(continued)
Albemarle
Corp.
81
$
10,933
CF
Industries
Holdings,
Inc.
104
13,523
Corteva,
Inc.
458
38,760
Dow,
Inc.
493
15,046
Ecolab,
Inc.
173
48,994
International
Flavors
&
Fragrances,
Inc.
175
15,108
Linde
plc
316
154,707
LyondellBasell
Industries
NV,
Class
a
A
176
11,454
Mosaic
Co.
(The)
217
5,234
PPG
Industries,
Inc.
153
17,162
Sherwin-Williams
Co.
(The)
157
53,193
431,152
Commercial
Services
&
Supplies
—
0.4%
Cintas
Corp.
233
47,017
Copart,
Inc.*
607
20,025
Republic
Services,
Inc.,
Class
a
A
137
30,266
Rollins,
Inc.
201
7,250
Veralto
Corp.
168
16,560
Waste
Management,
Inc.
253
55,387
176,505
Communications
Equipment
—
1.4%
Arista
Networks,
Inc.*
709
138,744
Ciena
Corp.*
97
37,132
Cisco
Systems,
Inc.
2,699
298,213
F5,
Inc.*
39
15,878
Lumentum
Holdings,
Inc.*
53
48,482
Motorola
Solutions,
Inc.
113
54,839
593,288
Construction
&
Engineering
—
0.3%
Comfort
Systems
USA,
Inc.
24
37,095
EMCOR
Group,
Inc.
31
22,771
Quanta
Services,
Inc.
103
62,530
122,396
Construction
Materials
—
0.2%
CRH
plc
458
43,185
Martin
Marietta
Materials,
Inc.
41
21,267
Vulcan
Materials
Co.
89
23,992
88,444
Consumer
Finance
—
0.6%
American
Express
Co.
364
120,182
Capital
One
Financial
Corp.
425
91,167
Synchrony
Financial
230
17,728
229,077
Consumer
Staples
Distribution
&
Retail
—
1.8%
Casey's
General
Stores,
Inc.
25
18,805
Costco
Wholesale
Corp.
304
286,943
Dollar
General
Corp.
151
19,139
Dollar
Tree,
Inc.*
123
15,571
Kroger
Co.
(The)
388
22,325
Sysco
Corp.
328
26,594
Target
Corp.
310
49,873
Investments
Shares
Value
Common
Stocks
(continued)
Walmart,
Inc.
2,999
$
314,505
753,755
Containers
&
Packaging
—
0.2%
Amcor
plc
316
14,501
Avery
Dennison
Corp.
52
9,054
Ball
Corp.
182
11,461
International
Paper
Co.
362
13,731
Packaging
Corp.
of
America
60
14,036
Smurfit
Westrock
plc
359
16,837
79,620
Distributors
—
0.0%(a)
Genuine
Parts
Co.
94
12,753
Diversified
Telecommunication
Services
—
0.8%
AT&T,
Inc.
4,753
123,055
Comcast
Corp.,
Class
a
A
2,439
64,926
Verizon
Communications,
Inc.
2,854
142,757
330,738
Electric
Utilities
—
1.4%
Alliant
Energy
Corp.
176
11,965
American
Electric
Power
Co.,
Inc.
372
45,544
Constellation
Energy
Corp.
218
59,900
Duke
Energy
Corp.
533
63,912
Edison
International
263
14,197
Entergy
Corp.
313
33,275
Evergy,
Inc.
159
12,882
Eversource
Energy
257
18,026
Exelon
Corp.
700
30,604
FirstEnergy
Corp.
356
16,326
NextEra
Energy,
Inc.
1,426
117,417
NRG
Energy,
Inc.
145
15,967
PG&E
Corp.
1,506
19,985
Pinnacle
West
Capital
Corp.
83
8,104
PPL
Corp.
514
17,543
Southern
Co.
(The)
772
67,936
Xcel
Energy,
Inc.
428
32,395
585,978
Electrical
Equipment
—
1.2%
AMETEK,
Inc.
157
36,922
Eaton
Corp.
plc
265
106,498
Emerson
Electric
Co.
381
58,080
GE
Vernova,
Inc.
184
165,329
Generac
Holdings,
Inc.*
40
7,415
Hubbell,
Inc.,
Class
a
B
36
16,308
Rockwell
Automation,
Inc.
76
32,257
Vertiv
Holdings
Co.,
Class
a
A
262
67,785
490,594
Electronic
Equipment,
Instruments
&
Components
—
1.0%
Amphenol
Corp.,
Class
a
A
842
133,499
CDW
Corp.
88
13,339
Coherent
Corp.*
134
37,229
Corning,
Inc.
535
79,571
Flex
Ltd.*
252
27,531
S&P
500
®
EX-HEALTH
CARE
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
164
SPXV
::
Investments
Shares
Value
Common
Stocks
(continued)
Jabil,
Inc.
72
$
21,979
Keysight
Technologies,
Inc.*
117
37,756
TE
Connectivity
plc
200
41,050
Teledyne
Technologies,
Inc.*
32
19,614
Zebra
Technologies
Corp.,
Class
a
A*
33
11,667
423,235
Energy
Equipment
&
Services
—
0.3%
Baker
Hughes
Co.,
Class
a
A
677
43,023
Halliburton
Co.
571
21,041
SLB
Ltd.
1,024
61,543
125,607
Entertainment
—
1.1%
Live
Nation
Entertainment,
Inc.*
108
19,428
Netflix,
Inc.*
2,884
233,748
Take-Two
Interactive
Software,
Inc.*
119
26,144
TKO
Group
Holdings,
Inc.,
Class
a
A
43
7,852
Walt
Disney
Co.
(The)
1,188
127,770
Warner
Bros
Discovery,
Inc.*
1,697
48,416
463,358
Financial
Services
—
3.8%
Apollo
Global
Management,
Inc.
314
42,886
Berkshire
Hathaway,
Inc.,
Class
a
B*
1,254
632,054
Block,
Inc.,
Class
a
A*
366
30,019
Corpay,
Inc.*
45
18,193
Fidelity
National
Information
Services,
Inc.
354
14,433
Fiserv,
Inc.*
365
19,458
Global
Payments,
Inc.
159
14,477
Jack
Henry
&
Associates,
Inc.
49
8,228
Mastercard,
Inc.,
Class
a
A
552
325,299
PayPal
Holdings,
Inc.
603
31,757
Visa,
Inc.,
Class
a
A
1,136
430,964
1,567,768
Food
Products
—
0.4%
Archer-Daniels-Midland
Co.
329
26,744
Bunge
Global
SA
93
10,808
General
Mills,
Inc.
365
15,038
Hershey
Co.
(The)
101
17,797
Hormel
Foods
Corp.
200
4,370
J
M
Smucker
Co.
(The)
73
9,575
Kraft
Heinz
Co.
(The)
584
14,991
McCormick
&
Co.,
Inc.
(Non-Voting)
173
9,380
Mondelez
International,
Inc.,
Class
a
A
878
54,498
Tyson
Foods,
Inc.,
Class
a
A
193
10,642
173,843
Gas
Utilities
—
0.1%
Atmos
Energy
Corp.
114
18,939
Investments
Shares
Value
Common
Stocks
(continued)
Ground
Transportation
—
1.0%
CSX
Corp.
1,271
$
64,198
Fedex
Freight
Holding
Co.,
Inc.*
74
9,897
JB
Hunt
Transport
Services,
Inc.
51
13,539
Norfolk
Southern
Corp.
154
52,790
Old
Dominion
Freight
Line,
Inc.
125
24,995
Uber
Technologies,
Inc.*
1,393
105,380
Union
Pacific
Corp.
405
121,771
392,570
Health
Care
REITs
—
0.4%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
107
5,488
Healthpeak
Properties,
Inc.,
REIT
470
9,785
Ventas,
Inc.,
REIT
333
30,360
Welltower,
Inc.,
REIT
481
113,631
159,264
Hotel
&
Resort
REITs
—
0.0%(a)
Host
Hotels
&
Resorts,
Inc.,
REIT
434
9,518
Hotels,
Restaurants
&
Leisure
—
1.8%
Airbnb,
Inc.,
Class
a
A*
285
52,218
Booking
Holdings,
Inc.
530
105,518
Carnival
Corp.
Ltd.
881
21,047
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
878
33,390
Darden
Restaurants,
Inc.
79
16,926
Domino's
Pizza,
Inc.
21
7,183
DoorDash,
Inc.,
Class
a
A*
259
60,021
Expedia
Group,
Inc.
79
25,052
Hilton
Worldwide
Holdings,
Inc.
156
49,340
Las
Vegas
Sands
Corp.
204
8,937
Marriott
International,
Inc.,
Class
a
A
150
51,264
McDonald's
Corp.
485
127,817
MGM
Resorts
International*
132
5,459
Norwegian
Cruise
Line
Holdings
Ltd.*
314
5,068
Royal
Caribbean
Cruises
Ltd.
170
45,686
Starbucks
Corp.
780
82,875
Wynn
Resorts
Ltd.
57
5,203
Yum!
Brands,
Inc.
189
28,976
731,980
Household
Durables
—
0.2%
DR
Horton,
Inc.
181
26,165
Garmin
Ltd.
112
31,820
Lennar
Corp.,
Class
a
A
148
12,448
NVR,
Inc.*
2
12,631
PulteGroup,
Inc.
131
16,548
99,612
Household
Products
—
0.8%
Church
&
Dwight
Co.,
Inc.
161
16,064
Clorox
Co.
(The)
82
8,010
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-HEALTH
CARE
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
165
SPXV
::
Investments
Shares
Value
Common
Stocks
(continued)
Colgate-Palmolive
Co.
549
$
49,311
Kimberly-Clark
Corp.
226
24,397
Procter
&
Gamble
Co.
(The)
1,594
231,321
329,103
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
AES
Corp.
(The)
487
7,178
Vistra
Corp.
216
29,672
36,850
Industrial
Conglomerates
—
0.3%
3M
Co.
356
61,171
DuPont
de
Nemours,
Inc.
93
12,517
Honeywell
International,
Inc.
216
46,123
119,811
Industrial
REITs
—
0.2%
Prologis,
Inc.,
REIT
637
89,129
Insurance
—
1.8%
Aflac,
Inc.
312
36,145
Allstate
Corp.
(The)
176
45,373
American
International
Group,
Inc.
363
27,719
Aon
plc,
Class
a
A
146
46,942
Arch
Capital
Group
Ltd.*
238
23,341
Arthur
J
Gallagher
&
Co.
175
45,876
Assurant,
Inc.
34
9,583
Brown
&
Brown,
Inc.
200
14,434
Chubb
Ltd.
247
83,634
Cincinnati
Financial
Corp.
106
18,009
Erie
Indemnity
Co.,
Class
a
A
17
4,345
Everest
Group
Ltd.
28
10,490
Globe
Life,
Inc.
53
9,152
Hartford
Insurance
Group,
Inc.
(The)
188
25,827
Loews
Corp.
115
12,453
Marsh
&
McLennan
Cos.,
Inc.
329
62,444
MetLife,
Inc.
370
35,213
Principal
Financial
Group,
Inc.
135
14,872
Progressive
Corp.
(The)
399
87,014
Prudential
Financial,
Inc.
237
27,871
Travelers
Cos.,
Inc.
(The)
146
53,426
W
R
Berkley
Corp.
201
13,580
Willis
Towers
Watson
plc
64
21,667
729,410
Interactive
Media
&
Services
—
8.1%
Alphabet,
Inc.,
Class
a
A
4,013
1,361,811
Alphabet,
Inc.,
Class
a
C
3,234
1,084,716
Meta
Platforms,
Inc.,
Class
a
A
1,502
859,655
Reddit,
Inc.,
Class
a
A*
90
13,303
3,319,485
IT
Services
—
0.7%
Accenture
plc,
Class
a
A
418
79,320
Akamai
Technologies,
Inc.*
100
10,862
Cognizant
Technology
Solutions
Corp.,
Class
a
A
324
20,924
Investments
Shares
Value
Common
Stocks
(continued)
Gartner,
Inc.*
46
$
9,113
GoDaddy,
Inc.,
Class
a
A*
90
8,809
International
Business
Machines
Corp.
643
150,378
VeriSign,
Inc.
56
16,144
295,550
Leisure
Products
—
0.0%(a)
Hasbro,
Inc.
92
8,657
Machinery
—
1.9%
Caterpillar,
Inc.
315
251,203
Cummins,
Inc.
95
53,618
Deere
&
Co.
171
111,990
Dover
Corp.
92
17,869
Fortive
Corp.
209
12,297
IDEX
Corp.
51
11,661
Illinois
Tool
Works,
Inc.
179
49,291
Ingersoll
Rand,
Inc.
245
18,877
Nordson
Corp.
37
11,904
Otis
Worldwide
Corp.
262
18,636
PACCAR,
Inc.
359
44,563
Parker-Hannifin
Corp.
87
85,211
Pentair
plc
111
6,711
Snap-on,
Inc.
36
13,907
Stanley
Black
&
Decker,
Inc.
105
10,119
Westinghouse
Air
Brake
Technologies
Corp.
116
33,168
Xylem,
Inc.
161
17,728
768,753
Media
—
0.3%
AppLovin
Corp.,
Class
a
A*
185
57,731
Charter
Communications,
Inc.,
Class
a
A*
57
8,689
EchoStar
Corp.,
Class
a
A*
93
8,039
Fox
Corp.,
Class
a
A
137
9,227
Fox
Corp.,
Class
a
B
95
5,721
News
Corp.,
Class
a
A
249
7,647
News
Corp.,
Class
a
B
83
2,856
Omnicom
Group,
Inc.
195
17,068
Paramount
Skydance
Corp.,
Class
a
B(b)
218
2,378
Trade
Desk,
Inc.
(The),
Class
a
A*
293
4,020
123,376
Metals
&
Mining
—
0.6%
Freeport-McMoRan,
Inc.
985
74,604
Newmont
Corp.
731
92,150
Nucor
Corp.
156
38,944
Steel
Dynamics,
Inc.
93
21,633
227,331
Multi-Utilities
—
0.6%
Ameren
Corp.
189
20,036
CenterPoint
Energy,
Inc.
447
17,701
CMS
Energy
Corp.
212
14,429
Consolidated
Edison,
Inc.
252
26,969
Dominion
Energy,
Inc.
601
39,672
S&P
500
®
EX-HEALTH
CARE
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
166
SPXV
::
Investments
Shares
Value
Common
Stocks
(continued)
DTE
Energy
Co.
143
$
19,395
NiSource,
Inc.
328
13,422
Public
Service
Enterprise
Group,
Inc.
342
25,079
Sempra
448
36,601
WEC
Energy
Group,
Inc.
222
23,570
236,874
Office
REITs
—
0.0%(a)
BXP,
Inc.,
REIT
102
6,935
Oil,
Gas
&
Consumable
Fuels
—
3.5%
APA
Corp.
242
10,442
Chevron
Corp.
1,281
264,065
ConocoPhillips
835
110,629
Devon
Energy
Corp.
788
38,226
Diamondback
Energy,
Inc.
133
26,664
EOG
Resources,
Inc.
363
52,621
EQT
Corp.
426
23,081
Expand
Energy
Corp.
164
16,098
ExxonMobil
Holdings
Corp.
2,835
456,293
Kinder
Morgan,
Inc.
1,339
43,169
Marathon
Petroleum
Corp.
200
74,664
Occidental
Petroleum
Corp.
496
29,849
ONEOK,
Inc.
432
41,476
Phillips
66
274
67,563
Targa
Resources
Corp.
147
43,167
Texas
Pacific
Land
Corp.
40
14,974
Valero
Energy
Corp.
203
72,861
Williams
Cos.,
Inc.
(The)
835
62,667
1,448,509
Passenger
Airlines
—
0.2%
Delta
Air
Lines,
Inc.
449
35,022
Southwest
Airlines
Co.
334
12,869
United
Airlines
Holdings,
Inc.*
221
23,866
71,757
Personal
Care
Products
—
0.1%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
170
17,391
Kenvue,
Inc.
1,314
24,808
42,199
Professional
Services
—
0.4%
Automatic
Data
Processing,
Inc.
273
78,122
Broadridge
Financial
Solutions,
Inc.
80
14,590
Equifax,
Inc.
82
15,511
Jacobs
Solutions,
Inc.
81
12,073
Leidos
Holdings,
Inc.
86
12,058
Paychex,
Inc.
219
27,888
Verisk
Analytics,
Inc.,
Class
a
A
90
17,440
177,682
Real
Estate
Management
&
Development
—
0.1%
CBRE
Group,
Inc.,
Class
a
A*
200
29,162
CoStar
Group,
Inc.*
279
8,948
38,110
Investments
Shares
Value
Common
Stocks
(continued)
Residential
REITs
—
0.2%
Camden
Property
Trust,
REIT
68
$
7,195
Essex
Property
Trust,
Inc.,
REIT
44
12,450
Invitation
Homes,
Inc.,
REIT
374
10,898
Mid-America
Apartment
Communities,
Inc.,
REIT
80
10,308
UDR,
Inc.,
REIT
202
7,464
Vivmark
Residential,
REIT
499
32,505
80,820
Retail
REITs
—
0.3%
Federal
Realty
Investment
Trust,
REIT
54
6,266
Kimco
Realty
Corp.,
REIT
460
10,906
Realty
Income
Corp.,
REIT
636
38,974
Regency
Centers
Corp.,
REIT
114
8,524
Simon
Property
Group,
Inc.,
REIT
221
46,923
111,593
Semiconductors
&
Semiconductor
Equipment
—
19.0%
Advanced
Micro
Devices,
Inc.*
1,117
525,794
Analog
Devices,
Inc.
333
120,593
Applied
Materials,
Inc.
543
248,906
Broadcom,
Inc.
3,240
1,199,902
First
Solar,
Inc.*
73
14,739
Intel
Corp.*
3,383
302,812
KLA
Corp.
894
156,852
Lam
Research
Corp.
856
258,075
Marvell
Technology,
Inc.
599
126,784
Microchip
Technology,
Inc.
371
27,250
Micron
Technology,
Inc.
769
737,263
Monolithic
Power
Systems,
Inc.
34
43,104
NVIDIA
Corp.
16,575
3,659,429
NXP
Semiconductors
NV
172
38,638
ON
Semiconductor
Corp.*
269
19,930
Qnity
Electronics,
Inc.
143
17,079
QUALCOMM,
Inc.
722
123,087
Skyworks
Solutions,
Inc.(b)
104
6,969
Teradyne,
Inc.
107
37,432
Texas
Instruments,
Inc.
622
162,286
7,826,924
Software
—
10.3%
Adobe,
Inc.*
276
80,810
Autodesk,
Inc.*
145
37,487
Cadence
Design
Systems,
Inc.*
189
64,030
Crowdstrike
Holdings,
Inc.,
Class
a
A*
699
161,469
Datadog,
Inc.,
Class
a
A*
226
53,571
Fair
Isaac
Corp.*
16
18,355
Fortinet,
Inc.*
424
72,474
Gen
Digital,
Inc.
377
11,687
Intuit,
Inc.
190
68,267
Microsoft
Corp.
5,088
2,581,092
Oracle
Corp.
1,162
173,278
Palantir
Technologies,
Inc.,
Class
a
A*
1,571
292,803
Palo
Alto
Networks,
Inc.*
555
212,082
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-HEALTH
CARE
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
167
SPXV
::
Investments
Shares
Value
Common
Stocks
(continued)
PTC,
Inc.*
79
$
12,304
Roper
Technologies,
Inc.
69
29,300
Salesforce,
Inc.
560
144,222
ServiceNow,
Inc.*
707
104,629
Synopsys,
Inc.*
132
58,026
Trimble,
Inc.*
160
9,590
Tyler
Technologies,
Inc.*
29
10,794
Workday,
Inc.,
Class
a
A*
140
27,643
4,223,913
Specialized
REITs
—
0.8%
American
Tower
Corp.,
REIT
319
56,048
Crown
Castle,
Inc.,
REIT
300
22,842
Digital
Realty
Trust,
Inc.,
REIT
237
43,985
Equinix,
Inc.,
REIT
67
70,130
Extra
Space
Storage,
Inc.,
REIT
145
20,460
Iron
Mountain,
Inc.,
REIT
204
23,531
Public
Storage,
REIT
114
34,997
SBA
Communications
Corp.,
Class
a
A,
REIT
72
13,656
VICI
Properties,
Inc.,
Class
a
A,
REIT
748
19,186
Weyerhaeuser
Co.,
REIT
493
11,521
316,356
Specialty
Retail
—
1.5%
AutoZone,
Inc.*
11
32,904
Best
Buy
Co.,
Inc.
135
10,820
Carvana
Co.,
Class
a
A*
489
35,922
Home
Depot,
Inc.
(The)
681
223,252
Lowe's
Cos.,
Inc.
383
78,400
O'Reilly
Automotive,
Inc.*
568
50,438
Ross
Stores,
Inc.
220
50,279
TJX
Cos.,
Inc.
(The)
759
101,638
Tractor
Supply
Co.
359
12,529
Ulta
Beauty,
Inc.*
30
16,113
Williams-Sonoma,
Inc.
81
18,488
630,783
Technology
Hardware,
Storage
&
Peripherals
—
9.2%
Apple,
Inc.
10,047
3,183,392
Dell
Technologies,
Inc.,
Class
a
C
198
90,290
Hewlett
Packard
Enterprise
Co.
909
47,486
HP,
Inc.
626
18,793
NetApp,
Inc.
135
25,014
Sandisk
Corp.*
101
158,237
Seagate
Technology
Holdings
plc
153
126,742
Super
Micro
Computer,
Inc.*
384
14,315
Western
Digital
Corp.
236
106,330
3,770,599
Textiles,
Apparel
&
Luxury
Goods
—
0.2%
Deckers
Outdoor
Corp.*
97
8,447
Lululemon
Athletica,
Inc.*
71
8,539
NIKE,
Inc.,
Class
a
B
821
32,068
Ralph
Lauren
Corp.,
Class
a
A
27
9,366
Tapestry,
Inc.
139
17,151
75,571
Investments
Shares
Value
Common
Stocks
(continued)
Tobacco
—
0.7%
Altria
Group,
Inc.
1,142
$
78,204
Philip
Morris
International,
Inc.
1,067
199,849
278,053
Trading
Companies
&
Distributors
—
0.4%
Fastenal
Co.
786
38,758
Ferguson
Enterprises,
Inc.
132
29,635
United
Rentals,
Inc.
43
44,634
WW
Grainger,
Inc.
30
39,285
152,312
Water
Utilities
—
0.1%
American
Water
Works
Co.,
Inc.
134
18,523
Wireless
Telecommunication
Services
—
0.1%
T-Mobile
US,
Inc.
319
57,560
Total
Common
Stocks
(Cost
$25,321,380)
41,032,605
Securities
Lending
Reinvestments
(c)
—
0
.0
%
(a)
Investment
Companies
—
0
.0
%
(a)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$9,368)
9,368
9,368
Principal
Amount
Short-Term
Investments
—
0
.1
%
Repurchase
Agreements
(e)
—
0
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$48,808
(Cost
$48,802)
$
48,802
48,802
Total
Investments
—
100.0%
(Cost
$25,379,550)
41,090,775
Other
assets
less
liabilities
—
0.0%(a)
18,571
Net
Assets
—
100.0%
$
41,109,346
*
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
$9,269,
collateralized
in
the
form
of
cash
with
a
value
of
$9,368
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
$9,368.
(d)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
S&P
500
®
EX-HEALTH
CARE
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
168
SPXV
::
(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
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-TECHNOLOGY
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
169
SPXT
::
Investments
Shares
Value
Common
Stocks
—
99
.9
%
Aerospace
&
Defense
—
3.4%
Axon
Enterprise,
Inc.*
579
$
328,038
Boeing
Co.
(The)*
5,683
1,180,814
General
Dynamics
Corp.
1,833
680,685
General
Electric
Co.
7,524
2,525,882
Honeywell
Aerospace,
Inc.*
2,284
361,123
Howmet
Aerospace,
Inc.
2,882
705,946
Huntington
Ingalls
Industries,
Inc.
283
82,410
L3Harris
Technologies,
Inc.
1,345
358,106
Lockheed
Martin
Corp.
1,461
819,957
Northrop
Grumman
Corp.
960
518,112
RTX
Corp.
9,712
2,017,474
Textron,
Inc.
1,250
100,700
TransDigm
Group,
Inc.
399
467,524
10,146,771
Air
Freight
&
Logistics
—
0.5%
CH
Robinson
Worldwide,
Inc.
851
127,361
Expeditors
International
of
Washington,
Inc.
941
178,460
FedEx
Corp.
1,585
518,929
United
Parcel
Service,
Inc.,
Class
a
B
5,382
560,966
1,385,716
Automobile
Components
—
0.0%(a)
Aptiv
plc*
1,525
68,259
Automobiles
—
2.8%
Ford
Motor
Co.
28,227
393,484
General
Motors
Co.
6,499
560,994
Tesla,
Inc.*
20,298
7,468,649
8,423,127
Banks
—
5.6%
Bank
of
America
Corp.
47,079
2,916,073
Citigroup,
Inc.
12,299
1,618,794
Citizens
Financial
Group,
Inc.
3,051
210,122
Fifth
Third
Bancorp
6,535
351,387
Huntington
Bancshares,
Inc.
14,619
243,918
JPMorgan
Chase
&
Co.
19,320
6,878,307
KeyCorp
6,651
143,728
M&T
Bank
Corp.
1,058
247,509
PNC
Financial
Services
Group,
Inc.
(The)
2,892
693,010
Regions
Financial
Corp.
6,157
183,971
Truist
Financial
Corp.
8,986
445,526
U.S.
Bancorp
11,198
689,573
Wells
Fargo
&
Co.
22,067
1,906,368
16,528,286
Beverages
—
1.6%
Brown-Forman
Corp.,
Class
a
B
1,215
32,283
Coca-Cola
Co.
(The)
27,918
2,475,489
Constellation
Brands,
Inc.,
Class
a
A
1,010
131,926
Keurig
Dr
Pepper,
Inc.
9,816
312,738
Investments
Shares
Value
Common
Stocks
(continued)
Molson
Coors
Beverage
Co.,
Class
a
B
1,158
$
46,042
Monster
Beverage
Corp.*
10,295
472,746
PepsiCo,
Inc.
9,854
1,382,910
4,854,134
Biotechnology
—
2.9%
AbbVie,
Inc.
12,738
3,266,278
Amgen,
Inc.
3,893
1,673,523
Biogen,
Inc.*
1,067
231,165
Gilead
Sciences,
Inc.
8,953
1,310,182
Incyte
Corp.*
1,208
148,850
Moderna,
Inc.*
2,546
357,306
Regeneron
Pharmaceuticals,
Inc.
724
578,534
Vertex
Pharmaceuticals,
Inc.*
1,833
998,105
8,563,943
Broadline
Retail
—
6.3%
Amazon.com,
Inc.*
70,581
18,334,826
eBay,
Inc.
3,199
331,289
18,666,115
Building
Products
—
0.7%
A
O
Smith
Corp.
809
47,836
Allegion
plc
619
96,100
Builders
FirstSource,
Inc.*
779
51,726
Carrier
Global
Corp.
5,630
327,779
Johnson
Controls
International
plc
4,403
608,671
Lennox
International,
Inc.
229
87,624
Masco
Corp.
1,453
104,848
Trane
Technologies
plc
1,596
709,262
2,033,846
Capital
Markets
—
5.2%
Ameriprise
Financial,
Inc.
646
357,309
Ares
Management
Corp.,
Class
a
A
1,517
217,189
Bank
of
New
York
Mellon
Corp.
(The)
4,952
798,658
Blackrock,
Inc.
1,044
1,206,457
Blackstone,
Inc.
5,356
767,193
Cboe
Global
Markets,
Inc.
758
227,552
Charles
Schwab
Corp.
(The)
11,789
1,294,668
CME
Group,
Inc.
2,610
745,155
Coinbase
Global,
Inc.,
Class
a
A*
1,605
301,933
FactSet
Research
Systems,
Inc.
263
82,464
Franklin
Templeton,
Inc.
2,215
75,642
Goldman
Sachs
Group,
Inc.
(The)
2,131
2,186,193
Interactive
Brokers
Group,
Inc.,
Class
a
A
3,209
312,204
Intercontinental
Exchange,
Inc.
3,961
636,533
Invesco
Ltd.
3,197
104,798
KKR
&
Co.,
Inc.
4,986
547,064
Moody's
Corp.
1,085
547,534
Morgan
Stanley
8,645
1,844,151
MSCI,
Inc.,
Class
a
A
525
299,586
Nasdaq,
Inc.
3,218
317,327
S&P
500
®
EX-TECHNOLOGY
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
170
SPXT
::
Investments
Shares
Value
Common
Stocks
(continued)
Northern
Trust
Corp.
1,336
$
247,908
Raymond
James
Financial,
Inc.
1,247
222,178
Robinhood
Markets,
Inc.,
Class
a
A*
5,703
597,731
S&P
Global,
Inc.
2,188
953,618
State
Street
Corp.
1,995
381,803
T.
Rowe
Price
Group,
Inc.
1,546
172,039
15,444,887
Chemicals
—
1.5%
Air
Products
and
Chemicals,
Inc.
1,607
497,302
Albemarle
Corp.
851
114,860
CF
Industries
Holdings,
Inc.
1,109
144,203
Corteva,
Inc.
4,821
408,001
Dow,
Inc.
5,202
158,765
Ecolab,
Inc.
1,829
517,973
International
Flavors
&
Fragrances,
Inc.
1,845
159,279
Linde
plc
3,335
1,632,749
LyondellBasell
Industries
NV,
Class
a
A
1,866
121,439
Mosaic
Co.
(The)
2,294
55,331
PPG
Industries,
Inc.
1,609
180,482
Sherwin-Williams
Co.
(The)
1,654
560,392
4,550,776
Commercial
Services
&
Supplies
—
0.6%
Cintas
Corp.
2,455
495,394
Copart,
Inc.*
6,394
210,938
Republic
Services,
Inc.,
Class
a
A
1,441
318,346
Rollins,
Inc.
2,121
76,505
Veralto
Corp.
1,767
174,173
Waste
Management,
Inc.
2,660
582,327
1,857,683
Construction
&
Engineering
—
0.4%
Comfort
Systems
USA,
Inc.
254
392,587
EMCOR
Group,
Inc.
319
234,318
Quanta
Services,
Inc.
1,084
658,086
1,284,991
Construction
Materials
—
0.3%
CRH
plc
4,817
454,195
Martin
Marietta
Materials,
Inc.
436
226,153
Vulcan
Materials
Co.
934
251,788
932,136
Consumer
Finance
—
0.8%
American
Express
Co.
3,840
1,267,853
Capital
One
Financial
Corp.
4,488
962,721
Synchrony
Financial
2,429
187,227
2,417,801
Consumer
Staples
Distribution
&
Retail
—
2.7%
Casey's
General
Stores,
Inc.
266
200,088
Costco
Wholesale
Corp.
3,196
3,016,672
Dollar
General
Corp.
1,590
201,533
Dollar
Tree,
Inc.*
1,309
165,706
Investments
Shares
Value
Common
Stocks
(continued)
Kroger
Co.
(The)
4,093
$
235,511
Sysco
Corp.
3,446
279,402
Target
Corp.
3,278
527,365
Walmart,
Inc.
31,612
3,315,150
7,941,427
Containers
&
Packaging
—
0.3%
Amcor
plc
3,336
153,089
Avery
Dennison
Corp.
551
95,935
Ball
Corp.
1,923
121,091
International
Paper
Co.
3,823
145,006
Packaging
Corp.
of
America
637
149,020
Smurfit
Westrock
plc
3,780
177,282
841,423
Distributors
—
0.1%
Genuine
Parts
Co.
997
135,263
Diversified
Telecommunication
Services
—
1.2%
AT&T,
Inc.
50,101
1,297,115
Comcast
Corp.,
Class
a
A
25,693
683,948
Verizon
Communications,
Inc.
30,109
1,506,052
3,487,115
Electric
Utilities
—
2.1%
Alliant
Energy
Corp.
1,866
126,851
American
Electric
Power
Co.,
Inc.
3,923
480,293
Constellation
Energy
Corp.
2,304
633,070
Duke
Energy
Corp.
5,622
674,134
Edison
International
2,775
149,795
Entergy
Corp.
3,304
351,248
Evergy,
Inc.
1,662
134,655
Eversource
Energy
2,714
190,360
Exelon
Corp.
7,379
322,610
FirstEnergy
Corp.
3,753
172,113
NextEra
Energy,
Inc.
15,039
1,238,311
NRG
Energy,
Inc.
1,517
167,052
PG&E
Corp.
15,884
210,781
Pinnacle
West
Capital
Corp.
874
85,337
PPL
Corp.
5,425
185,155
Southern
Co.
(The)
8,130
715,440
Xcel
Energy,
Inc.
4,503
340,832
6,178,037
Electrical
Equipment
—
1.8%
AMETEK,
Inc.
1,653
388,736
Eaton
Corp.
plc
2,800
1,125,264
Emerson
Electric
Co.
4,035
615,095
GE
Vernova,
Inc.
1,939
1,742,250
Generac
Holdings,
Inc.*
427
79,157
Hubbell,
Inc.,
Class
a
B
377
170,781
Rockwell
Automation,
Inc.
805
341,666
Vertiv
Holdings
Co.,
Class
a
A
2,770
716,655
5,179,604
Energy
Equipment
&
Services
—
0.5%
Baker
Hughes
Co.,
Class
a
A
7,150
454,382
Halliburton
Co.
6,023
221,948
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-TECHNOLOGY
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
171
SPXT
::
Investments
Shares
Value
Common
Stocks
(continued)
SLB
Ltd.
10,778
$
647,758
1,324,088
Entertainment
—
1.7%
Live
Nation
Entertainment,
Inc.*
1,141
205,255
Netflix,
Inc.*
30,363
2,460,921
Take-Two
Interactive
Software,
Inc.*
1,252
275,064
TKO
Group
Holdings,
Inc.,
Class
a
A
456
83,270
Walt
Disney
Co.
(The)
12,523
1,346,849
Warner
Bros
Discovery,
Inc.*
17,875
509,974
4,881,333
Financial
Services
—
5.6%
Apollo
Global
Management,
Inc.
3,327
454,402
Berkshire
Hathaway,
Inc.,
Class
a
B*
13,219
6,662,773
Block,
Inc.,
Class
a
A*
3,862
316,761
Corpay,
Inc.*
473
191,234
Fidelity
National
Information
Services,
Inc.
3,728
151,991
Fiserv,
Inc.*
3,850
205,243
Global
Payments,
Inc.
1,676
152,600
Jack
Henry
&
Associates,
Inc.
513
86,138
Mastercard,
Inc.,
Class
a
A
5,821
3,430,373
PayPal
Holdings,
Inc.
6,365
335,213
Visa,
Inc.,
Class
a
A
11,969
4,540,679
16,527,407
Food
Products
—
0.6%
Archer-Daniels-Midland
Co.
3,472
282,239
Bunge
Global
SA
976
113,421
General
Mills,
Inc.
3,853
158,744
Hershey
Co.
(The)
1,071
188,721
Hormel
Foods
Corp.
2,102
45,929
J
M
Smucker
Co.
(The)
772
101,255
Kraft
Heinz
Co.
(The)
6,159
158,101
McCormick
&
Co.,
Inc.
(Non-Voting)
1,835
99,494
Mondelez
International,
Inc.,
Class
a
A
9,257
574,582
Tyson
Foods,
Inc.,
Class
a
A
2,034
112,155
1,834,641
Gas
Utilities
—
0.1%
Atmos
Energy
Corp.
1,201
199,522
Ground
Transportation
—
1.4%
CSX
Corp.
13,400
676,834
Fedex
Freight
Holding
Co.,
Inc.*
787
105,253
JB
Hunt
Transport
Services,
Inc.
537
142,557
Norfolk
Southern
Corp.
1,621
555,663
Old
Dominion
Freight
Line,
Inc.
1,322
264,347
Uber
Technologies,
Inc.*
14,676
1,110,239
Union
Pacific
Corp.
4,280
1,286,868
4,141,761
Investments
Shares
Value
Common
Stocks
(continued)
Health
Care
Equipment
&
Supplies
—
2.4%
Abbott
Laboratories
12,559
$
1,386,011
Align
Technology,
Inc.*
481
76,859
Baxter
International,
Inc.
3,725
96,850
Becton
Dickinson
&
Co.
1,987
373,774
Boston
Scientific
Corp.*
10,717
517,631
Cooper
Cos.,
Inc.
(The)*
1,407
98,617
Dexcom,
Inc.*
2,783
253,420
Edwards
Lifesciences
Corp.*
4,153
376,885
GE
HealthCare
Technologies,
Inc.
3,283
233,848
IDEXX
Laboratories,
Inc.*
567
315,643
Insulet
Corp.*
500
74,330
Intuitive
Surgical,
Inc.*
2,553
962,124
Medtronic
plc
9,258
839,238
ResMed,
Inc.
1,049
251,865
Solventum
Corp.*
1,063
96,797
STERIS
plc
711
165,407
Stryker
Corp.
2,489
805,938
Zimmer
Biomet
Holdings,
Inc.
1,395
139,556
7,064,793
Health
Care
Providers
&
Services
—
2.6%
Cardinal
Health,
Inc.
1,688
396,039
Cencora,
Inc.
1,403
454,011
Centene
Corp.*
3,382
217,598
Cigna
Group
(The)
1,910
527,313
CVS
Health
Corp.
9,203
864,254
DaVita,
Inc.*
232
40,834
Elevance
Health,
Inc.
1,569
615,895
HCA
Healthcare,
Inc.
1,120
464,184
Henry
Schein,
Inc.*
695
62,411
Humana,
Inc.
866
331,877
Labcorp
Holdings,
Inc.
589
195,937
McKesson
Corp.
867
767,572
Quest
Diagnostics,
Inc.
801
192,480
UnitedHealth
Group,
Inc.
6,544
2,548,299
Universal
Health
Services,
Inc.,
Class
a
B
380
64,725
7,743,429
Health
Care
REITs
—
0.6%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
1,131
58,009
Healthpeak
Properties,
Inc.,
REIT
4,976
103,600
Ventas,
Inc.,
REIT
3,502
319,278
Welltower,
Inc.,
REIT
5,088
1,201,989
1,682,876
Health
Care
Technology
—
0.1%
Veeva
Systems,
Inc.,
Class
a
A*
1,084
309,688
Hotel
&
Resort
REITs
—
0.0%(a)
Host
Hotels
&
Resorts,
Inc.,
REIT
4,593
100,724
S&P
500
®
EX-TECHNOLOGY
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
172
SPXT
::
Investments
Shares
Value
Common
Stocks
(continued)
Hotels,
Restaurants
&
Leisure
—
2.6%
Airbnb,
Inc.,
Class
a
A*
3,017
$
552,775
Booking
Holdings,
Inc.
5,589
1,112,714
Carnival
Corp.
Ltd.
9,279
221,675
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
9,253
351,892
Darden
Restaurants,
Inc.
827
177,193
Domino's
Pizza,
Inc.
222
75,937
DoorDash,
Inc.,
Class
a
A*
2,731
632,882
Expedia
Group,
Inc.
827
262,258
Hilton
Worldwide
Holdings,
Inc.
1,642
519,332
Las
Vegas
Sands
Corp.
2,154
94,367
Marriott
International,
Inc.,
Class
a
A
1,580
539,981
McDonald's
Corp.
5,120
1,349,325
MGM
Resorts
International*
1,387
57,366
Norwegian
Cruise
Line
Holdings
Ltd.*
3,315
53,504
Royal
Caribbean
Cruises
Ltd.
1,795
482,388
Starbucks
Corp.
8,217
873,056
Wynn
Resorts
Ltd.
604
55,133
Yum!
Brands,
Inc.
1,987
304,627
7,716,405
Household
Durables
—
0.4%
DR
Horton,
Inc.
1,904
275,242
Garmin
Ltd.
1,181
335,534
Lennar
Corp.,
Class
a
A
1,553
130,623
NVR,
Inc.*
19
119,989
PulteGroup,
Inc.
1,374
173,564
1,034,952
Household
Products
—
1.2%
Church
&
Dwight
Co.,
Inc.
1,707
170,325
Clorox
Co.
(The)(b)
872
85,177
Colgate-Palmolive
Co.
5,772
518,441
Kimberly-Clark
Corp.
2,396
258,648
Procter
&
Gamble
Co.
(The)
16,791
2,436,710
3,469,301
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
AES
Corp.
(The)
5,143
75,808
Vistra
Corp.
2,285
313,890
389,698
Industrial
Conglomerates
—
0.4%
3M
Co.
3,758
645,737
DuPont
de
Nemours,
Inc.
988
132,975
Honeywell
International,
Inc.
2,284
487,703
1,266,415
Industrial
REITs
—
0.3%
Prologis,
Inc.,
REIT
6,725
940,962
Insurance
—
2.6%
Aflac,
Inc.
3,305
382,884
Allstate
Corp.
(The)
1,860
479,508
Investments
Shares
Value
Common
Stocks
(continued)
American
International
Group,
Inc.
3,826
$
292,153
Aon
plc,
Class
a
A
1,536
493,855
Arch
Capital
Group
Ltd.*
2,510
246,156
Arthur
J
Gallagher
&
Co.
1,856
486,550
Assurant,
Inc.
354
99,779
Brown
&
Brown,
Inc.
2,099
151,485
Chubb
Ltd.
2,599
880,021
Cincinnati
Financial
Corp.
1,116
189,608
Erie
Indemnity
Co.,
Class
a
A
186
47,534
Everest
Group
Ltd.
285
106,775
Globe
Life,
Inc.
559
96,523
Hartford
Insurance
Group,
Inc.
(The)
1,977
271,600
Loews
Corp.
1,214
131,464
Marsh
&
McLennan
Cos.,
Inc.
3,471
658,796
MetLife,
Inc.
3,898
370,973
Principal
Financial
Group,
Inc.
1,417
156,097
Progressive
Corp.
(The)
4,215
919,207
Prudential
Financial,
Inc.
2,503
294,353
Travelers
Cos.,
Inc.
(The)
1,529
559,507
W
R
Berkley
Corp.
2,125
143,565
Willis
Towers
Watson
plc
678
229,537
7,687,930
Interactive
Media
&
Services
—
11.8%
Alphabet,
Inc.,
Class
a
A
42,277
14,346,700
Alphabet,
Inc.,
Class
a
C
34,076
11,429,431
Meta
Platforms,
Inc.,
Class
a
A
15,832
9,061,287
Reddit,
Inc.,
Class
a
A*
935
138,202
34,975,620
Leisure
Products
—
0.0%(a)
Hasbro,
Inc.
966
90,901
Life
Sciences
Tools
&
Services
—
1.4%
Agilent
Technologies,
Inc.
2,036
312,648
Bio-Techne
Corp.
1,129
81,638
Charles
River
Laboratories
International,
Inc.*
345
99,443
Danaher
Corp.
4,543
970,203
IQVIA
Holdings,
Inc.*
1,201
313,689
Mettler-Toledo
International,
Inc.*
149
209,366
Revvity,
Inc.
807
103,837
Thermo
Fisher
Scientific,
Inc.
2,681
1,654,445
Waters
Corp.*
712
295,216
West
Pharmaceutical
Services,
Inc.
510
173,966
4,214,451
Machinery
—
2.7%
Caterpillar,
Inc.
3,323
2,649,993
Cummins,
Inc.
999
563,836
Deere
&
Co.
1,808
1,184,077
Dover
Corp.
968
188,015
Fortive
Corp.
2,200
129,448
IDEX
Corp.
533
121,865
Illinois
Tool
Works,
Inc.
1,891
520,725
Ingersoll
Rand,
Inc.
2,567
197,787
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
EX-TECHNOLOGY
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
173
SPXT
::
Investments
Shares
Value
Common
Stocks
(continued)
Nordson
Corp.
378
$
121,610
Otis
Worldwide
Corp.
2,768
196,888
PACCAR,
Inc.
3,797
471,322
Parker-Hannifin
Corp.
908
889,331
Pentair
plc
1,164
70,375
Snap-on,
Inc.
370
142,935
Stanley
Black
&
Decker,
Inc.
1,121
108,031
Westinghouse
Air
Brake
Technologies
Corp.
1,221
349,120
Xylem,
Inc.
1,712
188,508
8,093,866
Media
—
0.4%
AppLovin
Corp.,
Class
a
A*
1,941
605,708
Charter
Communications,
Inc.,
Class
a
A*
607
92,531
EchoStar
Corp.,
Class
a
A*
984
85,057
Fox
Corp.,
Class
a
A
1,438
96,849
Fox
Corp.,
Class
a
B
1,007
60,642
News
Corp.,
Class
a
A
2,631
80,798
News
Corp.,
Class
a
B
871
29,971
Omnicom
Group,
Inc.
2,054
179,787
Paramount
Skydance
Corp.,
Class
a
B(b)
2,278
24,853
Trade
Desk,
Inc.
(The),
Class
a
A*
3,083
42,299
1,298,495
Metals
&
Mining
—
0.8%
Freeport-McMoRan,
Inc.
10,367
785,197
Newmont
Corp.
7,695
970,032
Nucor
Corp.
1,643
410,158
Steel
Dynamics,
Inc.
974
226,572
2,391,959
Multi-Utilities
—
0.8%
Ameren
Corp.
1,995
211,490
CenterPoint
Energy,
Inc.
4,722
186,991
CMS
Energy
Corp.
2,229
151,706
Consolidated
Edison,
Inc.
2,653
283,924
Dominion
Energy,
Inc.
6,342
418,635
DTE
Energy
Co.
1,497
203,038
NiSource,
Inc.
3,457
141,461
Public
Service
Enterprise
Group,
Inc.
3,595
263,621
Sempra
4,715
385,216
WEC
Energy
Group,
Inc.
2,347
249,181
2,495,263
Office
REITs
—
0.0%(a)
BXP,
Inc.,
REIT
1,071
72,817
Oil,
Gas
&
Consumable
Fuels
—
5.2%
APA
Corp.
2,550
110,033
Chevron
Corp.
13,498
2,782,478
ConocoPhillips
8,782
1,163,527
Devon
Energy
Corp.
8,316
403,409
Diamondback
Energy,
Inc.
1,399
280,472
EOG
Resources,
Inc.
3,843
557,081
EQT
Corp.
4,510
244,352
Investments
Shares
Value
Common
Stocks
(continued)
Expand
Energy
Corp.
1,723
$
169,130
ExxonMobil
Holdings
Corp.
29,884
4,809,830
Kinder
Morgan,
Inc.
14,118
455,164
Marathon
Petroleum
Corp.
2,101
784,345
Occidental
Petroleum
Corp.
5,240
315,343
ONEOK,
Inc.
4,542
436,077
Phillips
66
2,888
712,123
Targa
Resources
Corp.
1,549
454,864
Texas
Pacific
Land
Corp.
413
154,602
Valero
Energy
Corp.
2,144
769,524
Williams
Cos.,
Inc.
(The)
8,816
661,641
15,263,995
Passenger
Airlines
—
0.3%
Delta
Air
Lines,
Inc.
4,713
367,614
Southwest
Airlines
Co.
3,528
135,934
United
Airlines
Holdings,
Inc.*
2,338
252,480
756,028
Personal
Care
Products
—
0.2%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
1,780
182,094
Kenvue,
Inc.
13,846
261,412
443,506
Pharmaceuticals
—
5.5%
Bristol-Myers
Squibb
Co.
14,723
983,644
Eli
Lilly
&
Co.
5,702
6,595,674
Johnson
&
Johnson
17,358
4,614,624
Merck
&
Co.,
Inc.
17,806
2,631,015
Pfizer,
Inc.
41,097
1,169,621
Viatris,
Inc.
8,401
138,700
Zoetis,
Inc.,
Class
a
A
3,026
233,305
16,366,583
Professional
Services
—
0.6%
Automatic
Data
Processing,
Inc.
2,879
823,855
Broadridge
Financial
Solutions,
Inc.
835
152,287
Equifax,
Inc.
859
162,488
Jacobs
Solutions,
Inc.
852
126,991
Leidos
Holdings,
Inc.
906
127,030
Paychex,
Inc.
2,323
295,811
Verisk
Analytics,
Inc.,
Class
a
A
943
182,735
1,871,197
Real
Estate
Management
&
Development
—
0.1%
CBRE
Group,
Inc.,
Class
a
A*
2,113
308,096
CoStar
Group,
Inc.*
2,942
94,350
402,446
Residential
REITs
—
0.3%
Camden
Property
Trust,
REIT
728
77,023
Essex
Property
Trust,
Inc.,
REIT
465
131,576
Invitation
Homes,
Inc.,
REIT
3,943
114,899
Mid-America
Apartment
Communities,
Inc.,
REIT
840
108,234
UDR,
Inc.,
REIT
2,137
78,962
S&P
500
®
EX-TECHNOLOGY
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
174
SPXT
::
Investments
Shares
Value
Common
Stocks
(continued)
Vivmark
Residential,
REIT
5,263
$
342,832
853,526
Retail
REITs
—
0.4%
Federal
Realty
Investment
Trust,
REIT
565
65,557
Kimco
Realty
Corp.,
REIT
4,863
115,302
Realty
Income
Corp.,
REIT
6,726
412,169
Regency
Centers
Corp.,
REIT
1,187
88,752
Simon
Property
Group,
Inc.,
REIT
2,336
495,979
1,177,759
Specialized
REITs
—
1.1%
American
Tower
Corp.,
REIT
3,360
590,352
Crown
Castle,
Inc.,
REIT
3,146
239,536
Digital
Realty
Trust,
Inc.,
REIT
2,508
465,460
Equinix,
Inc.,
REIT
715
748,405
Extra
Space
Storage,
Inc.,
REIT
1,519
214,331
Iron
Mountain,
Inc.,
REIT
2,148
247,772
Public
Storage,
REIT
1,207
370,537
SBA
Communications
Corp.,
Class
a
A,
REIT
768
145,659
VICI
Properties,
Inc.,
Class
a
A,
REIT
7,883
202,199
Weyerhaeuser
Co.,
REIT
5,203
121,594
3,345,845
Specialty
Retail
—
2.2%
AutoZone,
Inc.*
115
343,993
Best
Buy
Co.,
Inc.
1,412
113,172
Carvana
Co.,
Class
a
A*
5,162
379,201
Home
Depot,
Inc.
(The)
7,184
2,355,131
Lowe's
Cos.,
Inc.
4,035
825,964
O'Reilly
Automotive,
Inc.*
5,973
530,402
Ross
Stores,
Inc.
2,322
530,670
TJX
Cos.,
Inc.
(The)
7,971
1,067,397
Tractor
Supply
Co.
3,780
131,922
Ulta
Beauty,
Inc.*
312
167,575
Williams-Sonoma,
Inc.
850
194,012
6,639,439
Textiles,
Apparel
&
Luxury
Goods
—
0.3%
Deckers
Outdoor
Corp.*
1,027
89,431
Lululemon
Athletica,
Inc.*
759
91,277
NIKE,
Inc.,
Class
a
B
8,654
338,025
Ralph
Lauren
Corp.,
Class
a
A
278
96,438
Tapestry,
Inc.
1,455
179,533
794,704
Tobacco
—
1.0%
Altria
Group,
Inc.
12,042
824,636
Philip
Morris
International,
Inc.
11,238
2,104,878
2,929,514
Trading
Companies
&
Distributors
—
0.5%
Fastenal
Co.
8,275
408,040
Ferguson
Enterprises,
Inc.
1,396
313,416
United
Rentals,
Inc.
454
471,252
Investments
Shares
Value
Common
Stocks
(continued)
WW
Grainger,
Inc.
312
$
408,561
1,601,269
Water
Utilities
—
0.1%
American
Water
Works
Co.,
Inc.
1,409
194,766
Wireless
Telecommunication
Services
—
0.2%
T-Mobile
US,
Inc.
3,356
605,557
Total
Common
Stocks
(Cost
$269,623,067)
296,116,771
Securities
Lending
Reinvestments
(c)
—
0
.0
%
(a)
Investment
Companies
—
0
.0
%
(a)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$10,891)
10,891
10,891
Principal
Amount
Short-Term
Investments
—
0
.1
%
Repurchase
Agreements
(e)
—
0
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$398,609
(Cost
$398,570)
$
398,570
398,570
Total
Investments
—
100.0%
(Cost
$270,032,528)
296,526,232
Other
assets
less
liabilities
—
0.0%(a)
80,982
Net
Assets
—
100.0%
$
296,607,214
*
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
$34,414,
collateralized
in
the
form
of
cash
with
a
value
of
$10,891
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$24,781
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
4.75%,
and
maturity
dates
ranging
from
September
8,
2026
–
May
15,
2055.
The
total
value
of
collateral
is
$35,672.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$10,891.
(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
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
175
ISPY
::
Investments
Shares
Value
Common
Stocks
(a)
—
84
.2
%
Aerospace
&
Defense
—
1.8%
Axon
Enterprise,
Inc.*
1,245
$
705,367
Boeing
Co.
(The)*
12,425
2,581,666
General
Dynamics
Corp.
3,979
1,477,602
General
Electric
Co.
16,430
5,515,715
Honeywell
Aerospace,
Inc.*
5,016
793,080
Howmet
Aerospace,
Inc.
6,306
1,544,655
Huntington
Ingalls
Industries,
Inc.
633
184,330
L3Harris
Technologies,
Inc.
2,944
783,840
Lockheed
Martin
Corp.
3,214
1,803,793
Northrop
Grumman
Corp.
2,098
1,132,291
RTX
Corp.
21,225
4,409,069
Textron,
Inc.
2,743
220,976
TransDigm
Group,
Inc.
899
1,053,394
22,205,778
Air
Freight
&
Logistics
—
0.2%
CH
Robinson
Worldwide,
Inc.
1,846
276,272
Expeditors
International
of
Washington,
Inc.
2,053
389,351
FedEx
Corp.
3,482
1,140,007
United
Parcel
Service,
Inc.,
Class
a
B
11,755
1,225,224
3,030,854
Automobile
Components
—
0.0%(b)
Aptiv
plc*
3,355
150,170
Automobiles
—
1.5%
Ford
Motor
Co.
61,703
860,140
General
Motors
Co.
14,199
1,225,658
Tesla,
Inc.*
44,368
16,325,205
18,411,003
Banks
—
2.9%
Bank
of
America
Corp.
102,909
6,374,183
Citigroup,
Inc.
26,873
3,537,024
Citizens
Financial
Group,
Inc.
6,650
457,986
Fifth
Third
Bancorp
14,269
767,244
Huntington
Bancshares,
Inc.
31,946
533,019
JPMorgan
Chase
&
Co.
42,298
15,058,934
KeyCorp
14,523
313,842
M&T
Bank
Corp.
2,304
538,998
PNC
Financial
Services
Group,
Inc.
(The)
6,306
1,511,107
Regions
Financial
Corp.
13,474
402,603
Truist
Financial
Corp.
19,634
973,454
U.S.
Bancorp
24,459
1,506,185
Wells
Fargo
&
Co.
48,251
4,168,404
36,142,983
Beverages
—
0.9%
Brown-Forman
Corp.,
Class
a
B
2,660
70,676
Coca-Cola
Co.
(The)
61,030
5,411,530
Constellation
Brands,
Inc.,
Class
a
A
2,191
286,188
Keurig
Dr
Pepper,
Inc.
21,451
683,429
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Molson
Coors
Beverage
Co.,
Class
a
B
2,533
$
100,712
Monster
Beverage
Corp.*
22,488
1,032,649
PepsiCo,
Inc.
21,522
3,020,398
10,605,582
Biotechnology
—
1.5%
AbbVie,
Inc.
27,856
7,142,835
Amgen,
Inc.
8,527
3,665,587
Biogen,
Inc.*
2,322
503,061
Gilead
Sciences,
Inc.
19,561
2,862,557
Incyte
Corp.*
2,647
326,163
Moderna,
Inc.*
5,585
783,799
Regeneron
Pharmaceuticals,
Inc.
1,558
1,244,967
Vertex
Pharmaceuticals,
Inc.*
3,979
2,166,645
18,695,614
Broadline
Retail
—
3.3%
Amazon.com,
Inc.*
154,313
40,085,888
eBay,
Inc.
6,988
723,677
40,809,565
Building
Products
—
0.4%
A
O
Smith
Corp.
1,749
103,418
Allegion
plc
1,332
206,793
Builders
FirstSource,
Inc.*
1,680
111,552
Carrier
Global
Corp.
12,302
716,223
Johnson
Controls
International
plc
9,609
1,328,348
Lennox
International,
Inc.
508
194,381
Masco
Corp.
3,195
230,551
Trane
Technologies
plc
3,505
1,557,622
4,448,888
Capital
Markets
—
2.7%
Ameriprise
Financial,
Inc.
1,395
771,588
Ares
Management
Corp.,
Class
a
A
3,341
478,331
Bank
of
New
York
Mellon
Corp.
(The)
10,834
1,747,308
Blackrock,
Inc.
2,270
2,623,235
Blackstone,
Inc.
11,693
1,674,905
Cboe
Global
Markets,
Inc.
1,635
490,827
Charles
Schwab
Corp.
(The)
25,785
2,831,709
CME
Group,
Inc.
5,728
1,635,344
Coinbase
Global,
Inc.,
Class
a
A*
3,527
663,499
FactSet
Research
Systems,
Inc.
585
183,427
Franklin
Templeton,
Inc.
4,832
165,013
Goldman
Sachs
Group,
Inc.
(The)
4,656
4,776,590
Interactive
Brokers
Group,
Inc.,
Class
a
A
7,011
682,100
Intercontinental
Exchange,
Inc.
9,091
1,460,924
Invesco
Ltd.
6,981
228,837
KKR
&
Co.,
Inc.
10,917
1,197,813
Moody's
Corp.
2,363
1,192,464
Morgan
Stanley
18,897
4,031,108
MSCI,
Inc.,
Class
a
A
1,173
669,361
Nasdaq,
Inc.
7,031
693,327
S&P
500
®
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
176
ISPY
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Northern
Trust
Corp.
2,926
$
542,949
Raymond
James
Financial,
Inc.
2,737
487,651
Robinhood
Markets,
Inc.,
Class
a
A*
12,470
1,306,981
S&P
Global,
Inc.
4,776
2,081,572
State
Street
Corp.
4,347
831,929
T.
Rowe
Price
Group,
Inc.
3,397
378,018
33,826,810
Chemicals
—
0.8%
Air
Products
and
Chemicals,
Inc.
3,531
1,092,703
Albemarle
Corp.
1,847
249,290
CF
Industries
Holdings,
Inc.
2,419
314,543
Corteva,
Inc.
10,552
893,016
Dow,
Inc.
11,365
346,860
Ecolab,
Inc.
3,971
1,124,587
International
Flavors
&
Fragrances,
Inc.
4,004
345,665
Linde
plc
7,282
3,565,121
LyondellBasell
Industries
NV,
Class
a
A
4,051
263,639
Mosaic
Co.
(The)
5,013
120,914
PPG
Industries,
Inc.
3,535
396,521
Sherwin-Williams
Co.
(The)
3,640
1,233,268
9,946,127
Commercial
Services
&
Supplies
—
0.3%
Cintas
Corp.
5,369
1,083,410
Copart,
Inc.*
13,955
460,375
Republic
Services,
Inc.,
Class
a
A
3,167
699,654
Rollins,
Inc.
4,625
166,824
Veralto
Corp.
3,849
379,396
Waste
Management,
Inc.
5,841
1,278,712
4,068,371
Communications
Equipment
—
1.1%
Arista
Networks,
Inc.*
16,274
3,184,659
Ciena
Corp.*
2,222
850,582
Cisco
Systems,
Inc.
62,257
6,878,776
F5,
Inc.*
906
368,860
Lumentum
Holdings,
Inc.*
1,253
1,146,194
Motorola
Solutions,
Inc.
2,618
1,270,515
13,699,586
Construction
&
Engineering
—
0.2%
Comfort
Systems
USA,
Inc.
564
871,730
EMCOR
Group,
Inc.
714
524,462
Quanta
Services,
Inc.
2,361
1,433,339
2,829,531
Construction
Materials
—
0.2%
CRH
plc
10,544
994,194
Martin
Marietta
Materials,
Inc.
965
500,546
Vulcan
Materials
Co.
2,037
549,134
2,043,874
Consumer
Finance
—
0.4%
American
Express
Co.
8,407
2,775,739
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Capital
One
Financial
Corp.
9,804
$
2,103,056
Synchrony
Financial
5,311
409,372
5,288,167
Consumer
Staples
Distribution
&
Retail
—
1.4%
Casey's
General
Stores,
Inc.
594
446,813
Costco
Wholesale
Corp.
6,981
6,589,296
Dollar
General
Corp.
3,493
442,738
Dollar
Tree,
Inc.*
2,860
362,047
Kroger
Co.
(The)
8,921
513,314
Sysco
Corp.
7,541
611,424
Target
Corp.
7,150
1,150,292
Walmart,
Inc.
69,112
7,247,776
17,363,700
Containers
&
Packaging
—
0.2%
Amcor
plc
7,286
334,355
Avery
Dennison
Corp.
1,231
214,329
Ball
Corp.
4,180
263,215
International
Paper
Co.
8,368
317,398
Packaging
Corp.
of
America
1,374
321,434
Smurfit
Westrock
plc
8,287
388,660
1,839,391
Distributors
—
0.0%(b)
Genuine
Parts
Co.
2,163
293,454
Diversified
Telecommunication
Services
—
0.6%
AT&T,
Inc.
109,544
2,836,094
Comcast
Corp.,
Class
a
A
56,160
1,494,979
Verizon
Communications,
Inc.
65,823
3,292,467
7,623,540
Electric
Utilities
—
1.1%
Alliant
Energy
Corp.
4,051
275,387
American
Electric
Power
Co.,
Inc.
8,598
1,052,653
Constellation
Energy
Corp.
5,041
1,385,116
Duke
Energy
Corp.
12,284
1,472,974
Edison
International
6,090
328,738
Entergy
Corp.
7,211
766,601
Evergy,
Inc.
3,659
296,452
Eversource
Energy
5,949
417,263
Exelon
Corp.
16,140
705,641
FirstEnergy
Corp.
8,225
377,198
NextEra
Energy,
Inc.
32,879
2,707,257
NRG
Energy,
Inc.
3,342
368,021
PG&E
Corp.
34,713
460,642
Pinnacle
West
Capital
Corp.
1,899
185,418
PPL
Corp.
11,851
404,475
Southern
Co.
(The)
17,778
1,564,464
Xcel
Energy,
Inc.
9,836
744,487
13,512,787
Electrical
Equipment
—
0.9%
AMETEK,
Inc.
3,637
855,313
Eaton
Corp.
plc
6,144
2,469,151
Emerson
Electric
Co.
8,828
1,345,740
GE
Vernova,
Inc.
4,219
3,790,898
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
177
ISPY
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Generac
Holdings,
Inc.*
947
$
175,555
Hubbell,
Inc.,
Class
a
B
848
384,144
Rockwell
Automation,
Inc.
1,739
738,084
Vertiv
Holdings
Co.,
Class
a
A
6,080
1,573,018
11,331,903
Electronic
Equipment,
Instruments
&
Components
—
0.8%
Amphenol
Corp.,
Class
a
A
19,379
3,072,540
CDW
Corp.
2,006
304,069
Coherent
Corp.*
3,094
859,606
Corning,
Inc.
12,341
1,835,477
Flex
Ltd.*
5,814
635,180
Jabil,
Inc.
1,648
503,069
Keysight
Technologies,
Inc.*
2,707
873,549
TE
Connectivity
plc
4,592
942,508
Teledyne
Technologies,
Inc.*
744
456,035
Zebra
Technologies
Corp.,
Class
a
A*
766
270,819
9,752,852
Energy
Equipment
&
Services
—
0.2%
Baker
Hughes
Co.,
Class
a
A
15,653
994,748
Halliburton
Co.
13,185
485,867
SLB
Ltd.
23,579
1,417,098
2,897,713
Entertainment
—
0.9%
Live
Nation
Entertainment,
Inc.*
2,492
448,286
Netflix,
Inc.*
66,375
5,379,694
Take-Two
Interactive
Software,
Inc.*
2,746
603,296
TKO
Group
Holdings,
Inc.,
Class
a
A
1,011
184,619
Walt
Disney
Co.
(The)
27,369
2,943,536
Warner
Bros
Discovery,
Inc.*
39,076
1,114,838
10,674,269
Financial
Services
—
2.9%
Apollo
Global
Management,
Inc.
7,265
992,254
Berkshire
Hathaway,
Inc.,
Class
a
B*
28,899
14,565,963
Block,
Inc.,
Class
a
A*
8,455
693,479
Corpay,
Inc.*
1,052
425,324
Fidelity
National
Information
Services,
Inc.
8,164
332,846
Fiserv,
Inc.*
8,429
449,350
Global
Payments,
Inc.
3,692
336,157
Jack
Henry
&
Associates,
Inc.
1,145
192,257
Mastercard,
Inc.,
Class
a
A
12,723
7,497,791
PayPal
Holdings,
Inc.
13,907
732,412
Visa,
Inc.,
Class
a
A
26,158
9,923,560
36,141,393
Food
Products
—
0.3%
Archer-Daniels-Midland
Co.
7,599
617,723
Bunge
Global
SA
2,133
247,876
General
Mills,
Inc.
8,434
347,481
Hershey
Co.
(The)
2,331
410,745
Hormel
Foods
Corp.
4,593
100,357
J
M
Smucker
Co.
(The)
1,668
218,775
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Kraft
Heinz
Co.
(The)
13,482
$
346,083
McCormick
&
Co.,
Inc.
(Non-Voting)
3,984
216,012
Mondelez
International,
Inc.,
Class
a
A
20,241
1,256,359
Tyson
Foods,
Inc.,
Class
a
A
4,443
244,987
4,006,398
Gas
Utilities
—
0.0%(b)
Atmos
Energy
Corp.
2,634
437,586
Ground
Transportation
—
0.7%
CSX
Corp.
29,276
1,478,731
Fedex
Freight
Holding
Co.,
Inc.*
1,698
227,091
JB
Hunt
Transport
Services,
Inc.
1,199
318,299
Norfolk
Southern
Corp.
3,562
1,221,018
Old
Dominion
Freight
Line,
Inc.
2,892
578,284
Uber
Technologies,
Inc.*
32,077
2,426,625
Union
Pacific
Corp.
9,344
2,809,460
9,059,508
Health
Care
Equipment
&
Supplies
—
1.3%
Abbott
Laboratories
27,455
3,029,934
Align
Technology,
Inc.*
1,073
171,455
Baxter
International,
Inc.
8,159
212,134
Becton
Dickinson
&
Co.
4,328
814,140
Boston
Scientific
Corp.*
23,454
1,132,828
Cooper
Cos.,
Inc.
(The)*
3,088
216,438
Dexcom,
Inc.*
6,106
556,012
Edwards
Lifesciences
Corp.*
9,056
821,832
GE
HealthCare
Technologies,
Inc.
7,164
510,292
IDEXX
Laboratories,
Inc.*
1,241
690,852
Insulet
Corp.*
1,115
165,756
Intuitive
Surgical,
Inc.*
5,597
2,109,285
Medtronic
plc
20,243
1,835,028
ResMed,
Inc.
2,281
547,668
Solventum
Corp.*
2,316
210,895
STERIS
plc
1,529
355,707
Stryker
Corp.
5,447
1,763,739
Zimmer
Biomet
Holdings,
Inc.
3,061
306,222
15,450,217
Health
Care
Providers
&
Services
—
1.4%
Cardinal
Health,
Inc.
3,716
871,848
Cencora,
Inc.
3,077
995,717
Centene
Corp.*
7,393
475,666
Cigna
Group
(The)
4,152
1,146,284
CVS
Health
Corp.
20,114
1,888,906
DaVita,
Inc.*
516
90,821
Elevance
Health,
Inc.
3,443
1,351,515
HCA
Healthcare,
Inc.
2,446
1,013,745
Henry
Schein,
Inc.*
1,509
135,508
Humana,
Inc.
1,880
720,472
Labcorp
Holdings,
Inc.
1,267
421,480
McKesson
Corp.
1,883
1,667,058
Quest
Diagnostics,
Inc.
1,729
415,479
UnitedHealth
Group,
Inc.
14,302
5,569,342
S&P
500
®
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
178
ISPY
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Universal
Health
Services,
Inc.,
Class
a
B
856
$
145,802
16,909,643
Health
Care
REITs
—
0.3%
Alexandria
Real
Estate
Equities,
Inc.,
REIT
2,474
126,891
Healthpeak
Properties,
Inc.,
REIT
10,890
226,730
Ventas,
Inc.,
REIT
7,667
699,000
Welltower,
Inc.,
REIT
11,149
2,633,840
3,686,461
Health
Care
Technology
—
0.1%
Veeva
Systems,
Inc.,
Class
a
A*
2,363
675,085
Hotel
&
Resort
REITs
—
0.0%(b)
Host
Hotels
&
Resorts,
Inc.,
REIT
10,045
220,287
Hotels,
Restaurants
&
Leisure
—
1.4%
Airbnb,
Inc.,
Class
a
A*
6,568
1,203,389
Booking
Holdings,
Inc.
12,210
2,430,889
Carnival
Corp.
Ltd.
20,289
484,704
Chipotle
Mexican
Grill,
Inc.,
Class
a
A*
20,227
769,233
Darden
Restaurants,
Inc.
1,793
384,168
Domino's
Pizza,
Inc.
491
167,952
DoorDash,
Inc.,
Class
a
A*
5,986
1,387,196
Expedia
Group,
Inc.
1,793
568,596
Hilton
Worldwide
Holdings,
Inc.
3,612
1,142,403
Las
Vegas
Sands
Corp.
4,695
205,688
Marriott
International,
Inc.,
Class
a
A
3,472
1,186,591
McDonald's
Corp.
11,194
2,950,067
MGM
Resorts
International*
3,040
125,734
Norwegian
Cruise
Line
Holdings
Ltd.*
7,235
116,773
Royal
Caribbean
Cruises
Ltd.
3,910
1,050,773
Starbucks
Corp.
17,976
1,909,950
Wynn
Resorts
Ltd.
1,299
118,573
Yum!
Brands,
Inc.
4,329
663,679
16,866,358
Household
Durables
—
0.2%
DR
Horton,
Inc.
4,138
598,189
Garmin
Ltd.
2,585
734,424
Lennar
Corp.,
Class
a
A
3,411
286,899
NVR,
Inc.*
45
284,186
PulteGroup,
Inc.
3,012
380,476
2,284,174
Household
Products
—
0.6%
Church
&
Dwight
Co.,
Inc.
3,733
372,479
Clorox
Co.
(The)
1,895
185,104
Colgate-Palmolive
Co.
12,614
1,132,989
Kimberly-Clark
Corp.
5,239
565,550
Procter
&
Gamble
Co.
(The)
36,688
5,324,162
7,580,284
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Independent
Power
and
Renewable
Electricity
Producers
—
0.1%
AES
Corp.
(The)
11,241
$
165,692
Vistra
Corp.
4,995
686,163
851,855
Industrial
Conglomerates
—
0.2%
3M
Co.
8,236
1,415,192
DuPont
de
Nemours,
Inc.
2,147
288,965
Honeywell
International,
Inc.
4,993
1,066,155
2,770,312
Industrial
REITs
—
0.2%
Prologis,
Inc.,
REIT
14,692
2,055,705
Insurance
—
1.4%
Aflac,
Inc.
7,214
835,742
Allstate
Corp.
(The)
4,038
1,040,996
American
International
Group,
Inc.
8,374
639,439
Aon
plc,
Class
a
A
3,385
1,088,345
Arch
Capital
Group
Ltd.*
5,496
538,993
Arthur
J
Gallagher
&
Co.
4,029
1,056,202
Assurant,
Inc.
797
224,643
Brown
&
Brown,
Inc.
4,590
331,260
Chubb
Ltd.
5,702
1,930,697
Cincinnati
Financial
Corp.
2,436
413,876
Erie
Indemnity
Co.,
Class
a
A
406
103,757
Everest
Group
Ltd.
636
238,277
Globe
Life,
Inc.
1,251
216,010
Hartford
Insurance
Group,
Inc.
(The)
4,304
591,284
Loews
Corp.
2,661
288,160
Marsh
&
McLennan
Cos.,
Inc.
7,596
1,441,721
MetLife,
Inc.
8,538
812,562
Principal
Financial
Group,
Inc.
3,112
342,818
Progressive
Corp.
(The)
9,194
2,005,028
Prudential
Financial,
Inc.
5,479
644,330
Travelers
Cos.,
Inc.
(The)
3,370
1,233,184
W
R
Berkley
Corp.
4,631
312,870
Willis
Towers
Watson
plc
1,469
497,330
16,827,524
Interactive
Media
&
Services
—
6.2%
Alphabet,
Inc.,
Class
a
A
92,427
31,365,102
Alphabet,
Inc.,
Class
a
C
74,514
24,992,741
Meta
Platforms,
Inc.,
Class
a
A
34,602
19,804,109
Reddit,
Inc.,
Class
a
A*
2,052
303,306
76,465,258
IT
Services
—
0.6%
Accenture
plc,
Class
a
A
9,672
1,835,359
Akamai
Technologies,
Inc.*
2,287
248,414
Cognizant
Technology
Solutions
Corp.,
Class
a
A
7,474
482,671
Gartner,
Inc.*
1,079
213,760
GoDaddy,
Inc.,
Class
a
A*
2,077
203,297
International
Business
Machines
Corp.
14,810
3,463,615
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
179
ISPY
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
VeriSign,
Inc.
1,265
$
364,674
6,811,790
Leisure
Products
—
0.0%(b)
Hasbro,
Inc.
2,111
198,645
Life
Sciences
Tools
&
Services
—
0.7%
Agilent
Technologies,
Inc.
4,444
682,421
Bio-Techne
Corp.
2,468
178,461
Charles
River
Laboratories
International,
Inc.*
775
223,386
Danaher
Corp.
9,928
2,120,224
IQVIA
Holdings,
Inc.*
2,634
687,974
Mettler-Toledo
International,
Inc.*
326
458,076
Revvity,
Inc.
1,743
224,272
Thermo
Fisher
Scientific,
Inc.
5,877
3,626,697
Waters
Corp.*
1,531
634,798
West
Pharmaceutical
Services,
Inc.
1,138
388,183
9,224,492
Machinery
—
1.4%
Caterpillar,
Inc.
7,254
5,784,847
Cummins,
Inc.
2,169
1,224,184
Deere
&
Co.
3,938
2,579,036
Dover
Corp.
2,115
410,796
Fortive
Corp.
4,801
282,491
IDEX
Corp.
1,191
272,310
Illinois
Tool
Works,
Inc.
4,110
1,131,771
Ingersoll
Rand,
Inc.
5,628
433,637
Nordson
Corp.
851
273,784
Otis
Worldwide
Corp.
6,072
431,901
PACCAR,
Inc.
8,312
1,031,769
Parker-Hannifin
Corp.
1,979
1,938,312
Pentair
plc
2,550
154,173
Snap-on,
Inc.
833
321,796
Stanley
Black
&
Decker,
Inc.
2,449
236,010
Westinghouse
Air
Brake
Technologies
Corp.
2,677
765,435
Xylem,
Inc.
3,745
412,362
17,684,614
Media
—
0.2%
AppLovin
Corp.,
Class
a
A*
4,224
1,318,141
Charter
Communications,
Inc.,
Class
a
A*
1,294
197,257
EchoStar
Corp.,
Class
a
A*
2,140
184,982
Fox
Corp.,
Class
a
A
3,161
212,893
Fox
Corp.,
Class
a
B
2,190
131,882
News
Corp.,
Class
a
A
5,774
177,320
News
Corp.,
Class
a
B
1,891
65,069
Omnicom
Group,
Inc.
4,481
392,222
Paramount
Skydance
Corp.,
Class
a
B(c)
4,981
54,343
Trade
Desk,
Inc.
(The),
Class
a
A*
6,718
92,171
2,826,280
Metals
&
Mining
—
0.4%
Freeport-McMoRan,
Inc.
22,665
1,716,647
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Newmont
Corp.
16,816
$
2,119,825
Nucor
Corp.
3,613
901,949
Steel
Dynamics,
Inc.
2,130
495,481
5,233,902
Multi-Utilities
—
0.4%
Ameren
Corp.
4,348
460,931
CenterPoint
Energy,
Inc.
10,322
408,751
CMS
Energy
Corp.
4,870
331,452
Consolidated
Edison,
Inc.
5,827
623,606
Dominion
Energy,
Inc.
13,864
915,163
DTE
Energy
Co.
3,295
446,901
NiSource,
Inc.
7,563
309,478
Public
Service
Enterprise
Group,
Inc.
7,865
576,740
Sempra
10,311
842,409
WEC
Energy
Group,
Inc.
5,137
545,395
5,460,826
Office
REITs
—
0.0%(b)
BXP,
Inc.,
REIT
2,335
158,757
Oil,
Gas
&
Consumable
Fuels
—
2.7%
APA
Corp.
5,590
241,208
Chevron
Corp.
29,499
6,080,924
ConocoPhillips
19,187
2,542,086
Devon
Energy
Corp.
18,192
882,494
Diamondback
Energy,
Inc.
3,069
615,273
EOG
Resources,
Inc.
8,414
1,219,693
EQT
Corp.
9,854
533,890
Expand
Energy
Corp.
3,771
370,161
ExxonMobil
Holdings
Corp.
65,342
10,516,795
Kinder
Morgan,
Inc.
30,886
995,765
Marathon
Petroleum
Corp.
4,593
1,714,659
Occidental
Petroleum
Corp.
11,426
687,617
ONEOK,
Inc.
9,932
953,571
Phillips
66
6,320
1,558,386
Targa
Resources
Corp.
3,402
998,997
Texas
Pacific
Land
Corp.
931
348,510
Valero
Energy
Corp.
4,675
1,677,951
Williams
Cos.,
Inc.
(The)
19,263
1,445,688
33,383,668
Passenger
Airlines
—
0.1%
Delta
Air
Lines,
Inc.
10,307
803,946
Southwest
Airlines
Co.
7,712
297,143
United
Airlines
Holdings,
Inc.*
5,117
552,585
1,653,674
Personal
Care
Products
—
0.1%
Estee
Lauder
Cos.,
Inc.
(The),
Class
a
A
3,876
396,515
Kenvue,
Inc.
30,274
571,573
968,088
Pharmaceuticals
—
2.9%
Bristol-Myers
Squibb
Co.
32,183
2,150,146
Eli
Lilly
&
Co.
12,468
14,422,110
Johnson
&
Johnson
37,953
10,089,805
S&P
500
®
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
180
ISPY
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Merck
&
Co.,
Inc.
38,934
$
5,752,888
Pfizer,
Inc.
89,864
2,557,530
Viatris,
Inc.
18,379
303,437
Zoetis,
Inc.,
Class
a
A
6,591
508,166
35,784,082
Professional
Services
—
0.3%
Automatic
Data
Processing,
Inc.
6,300
1,802,808
Broadridge
Financial
Solutions,
Inc.
1,810
330,108
Equifax,
Inc.
1,865
352,783
Jacobs
Solutions,
Inc.
1,849
275,593
Leidos
Holdings,
Inc.
1,975
276,915
Paychex,
Inc.
5,083
647,269
Verisk
Analytics,
Inc.,
Class
a
A
2,057
398,606
4,084,082
Real
Estate
Management
&
Development
—
0.1%
CBRE
Group,
Inc.,
Class
a
A*
4,608
671,893
CoStar
Group,
Inc.*
6,418
205,825
877,718
Residential
REITs
—
0.2%
Camden
Property
Trust,
REIT
1,569
166,000
Essex
Property
Trust,
Inc.,
REIT
1,033
292,298
Invitation
Homes,
Inc.,
REIT
8,641
251,799
Mid-America
Apartment
Communities,
Inc.,
REIT
1,822
234,765
UDR,
Inc.,
REIT
4,658
172,113
Vivmark
Residential,
REIT
11,476
747,546
1,864,521
Retail
REITs
—
0.2%
Federal
Realty
Investment
Trust,
REIT
1,264
146,662
Kimco
Realty
Corp.,
REIT
10,646
252,417
Realty
Income
Corp.,
REIT
14,695
900,509
Regency
Centers
Corp.,
REIT
2,601
194,477
Simon
Property
Group,
Inc.,
REIT
5,113
1,085,592
2,579,657
Semiconductors
&
Semiconductor
Equipment
—
14.6%
Advanced
Micro
Devices,
Inc.*
25,716
12,105,035
Analog
Devices,
Inc.
7,700
2,788,478
Applied
Materials,
Inc.
12,512
5,735,376
Broadcom,
Inc.
74,631
27,638,845
First
Solar,
Inc.*
1,681
339,394
Intel
Corp.*
78,020
6,983,570
KLA
Corp.
20,602
3,614,621
Lam
Research
Corp.
19,706
5,941,162
Marvell
Technology,
Inc.
13,800
2,920,908
Microchip
Technology,
Inc.
8,550
627,997
Micron
Technology,
Inc.
17,782
17,048,137
Monolithic
Power
Systems,
Inc.
790
1,001,538
NVIDIA
Corp.
381,789
84,291,375
NXP
Semiconductors
NV
3,959
889,350
ON
Semiconductor
Corp.*
6,202
459,506
Qnity
Electronics,
Inc.
3,316
396,030
Investments
Shares
Value
Common
Stocks
(a)
(continued)
QUALCOMM,
Inc.
16,596
$
2,829,286
Skyworks
Solutions,
Inc.(c)
2,368
158,680
Teradyne,
Inc.
2,466
862,681
Texas
Instruments,
Inc.
14,333
3,739,623
180,371,592
Software
—
7.9%
Adobe,
Inc.*
6,346
1,858,045
Autodesk,
Inc.*
3,345
864,783
Cadence
Design
Systems,
Inc.*
4,332
1,467,595
Crowdstrike
Holdings,
Inc.,
Class
a
A*
16,011
3,698,541
Datadog,
Inc.,
Class
a
A*
5,219
1,237,112
Fair
Isaac
Corp.*
372
426,762
Fortinet,
Inc.*
9,812
1,677,165
Gen
Digital,
Inc.
8,698
269,638
Intuit,
Inc.
4,344
1,560,799
Microsoft
Corp.
117,110
59,408,732
Oracle
Corp.
26,732
3,986,276
Palantir
Technologies,
Inc.,
Class
a
A*
36,186
6,744,347
Palo
Alto
Networks,
Inc.*
12,789
4,887,061
PTC,
Inc.*
1,808
281,578
Roper
Technologies,
Inc.
1,574
668,383
Salesforce,
Inc.
12,900
3,322,266
ServiceNow,
Inc.*
16,254
2,405,429
Synopsys,
Inc.*
3,028
1,331,079
Trimble,
Inc.*
3,702
221,898
Tyler
Technologies,
Inc.*
678
252,365
Workday,
Inc.,
Class
a
A*
3,227
637,171
97,207,025
Specialized
REITs
—
0.6%
American
Tower
Corp.,
REIT
7,341
1,289,814
Crown
Castle,
Inc.,
REIT
6,870
523,082
Digital
Realty
Trust,
Inc.,
REIT
5,504
1,021,487
Equinix,
Inc.,
REIT
1,538
1,609,855
Extra
Space
Storage,
Inc.,
REIT
3,347
472,262
Iron
Mountain,
Inc.,
REIT
4,683
540,184
Public
Storage,
REIT
2,655
815,058
SBA
Communications
Corp.,
Class
a
A,
REIT
1,658
314,456
VICI
Properties,
Inc.,
Class
a
A,
REIT
17,224
441,796
Weyerhaeuser
Co.,
REIT
11,370
265,717
7,293,711
Specialty
Retail
—
1.2%
AutoZone,
Inc.*
264
789,688
Best
Buy
Co.,
Inc.
3,102
248,625
Carvana
Co.,
Class
a
A*
11,292
829,510
Home
Depot,
Inc.
(The)
15,712
5,150,865
Lowe's
Cos.,
Inc.
8,828
1,807,092
O'Reilly
Automotive,
Inc.*
13,076
1,161,149
Ross
Stores,
Inc.
5,080
1,160,983
TJX
Cos.,
Inc.
(The)
17,430
2,334,051
Tractor
Supply
Co.
8,288
289,251
Ulta
Beauty,
Inc.*
700
375,970
Williams-Sonoma,
Inc.
1,843
420,665
14,567,849
AUGUST
31,
2026
(Unaudited)
::
S&P
500
®
HIGH
INCOME
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
181
ISPY
::
Investments
Shares
Value
Common
Stocks
(a)
(continued)
Technology
Hardware,
Storage
&
Peripherals
—
7.0%
Apple,
Inc.
231,523
$
73,358,063
Dell
Technologies,
Inc.,
Class
a
C
4,551
2,075,302
Hewlett
Packard
Enterprise
Co.
20,935
1,093,645
HP,
Inc.
14,410
432,588
NetApp,
Inc.
3,122
578,475
Sandisk
Corp.*
2,330
3,650,411
Seagate
Technology
Holdings
plc
3,556
2,945,719
Super
Micro
Computer,
Inc.*
8,929
332,873
Western
Digital
Corp.
5,442
2,451,893
86,918,969
Textiles,
Apparel
&
Luxury
Goods
—
0.1%
Deckers
Outdoor
Corp.*
2,232
194,363
Lululemon
Athletica,
Inc.*
1,636
196,745
NIKE,
Inc.,
Class
a
B
18,912
738,703
Ralph
Lauren
Corp.,
Class
a
A
620
215,078
Tapestry,
Inc.
3,200
394,848
1,739,737
Tobacco
—
0.5%
Altria
Group,
Inc.
26,320
1,802,393
Philip
Morris
International,
Inc.
24,559
4,599,901
6,402,294
Trading
Companies
&
Distributors
—
0.3%
Fastenal
Co.
18,111
893,053
Ferguson
Enterprises,
Inc.
3,056
686,103
United
Rentals,
Inc.
1,005
1,043,190
WW
Grainger,
Inc.
698
914,024
3,536,370
Water
Utilities
—
0.0%(b)
American
Water
Works
Co.,
Inc.
3,089
426,992
Wireless
Telecommunication
Services
—
0.1%
T-Mobile
US,
Inc.
7,331
1,322,806
Total
Common
Stocks
(Cost
$780,770,229)
1,042,362,701
Exchange
Traded
Funds
—
12
.1
%
ProShares
GENIUS
Money
Market
ETF,
3.55%(c)(d)(e)
(Cost
$150,227,875)
1,501,347
150,314,862
Number
of
Rights
Rights
—
0
.0
%
Consumer
Staples
Distribution
&
Retail
—
0.0%
Walgreens
Boots
Alliance,
Inc.,
CVR*‡
(Cost
$–)
35
—
Investments
Shares
Value
Securities
Lending
Reinvestments
(f)
—
2
.1
%
Investment
Companies
—
2
.1
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(g)
(Cost
$25,748,059)
25,748,059
$
25,748,059
Principal
Amount
Short-Term
Investments
—
3
.2
%
Repurchase
Agreements
(h)
—
3
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$40,210,031
(Cost
$40,206,018)
$
40,206,018
40,206,018
Total
Investments
—
101.6%
(Cost
$996,952,181)
1,258,631,640
Liabilities
in
excess
of
other
assets
—
(1.6%)
(
19,960,723
)
Net
Assets
—
100.0%
$
1,238,670,917
*
Non-income
producing
security.
‡
Value
determined
using
significant
unobservable
inputs.
(a)
All
or
a
portion
of
these
securities
are
segregated
in
connection
with
obligations
for
swaps
with
a
total
value
of
$355,436,195.
(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
$25,238,147,
collateralized
in
the
form
of
cash
with
a
value
of
$25,748,059
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
$25,748,059.
(g)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
(h)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Abbreviations
CVR
Contingent
Value
Rights
-
No
defined
expiration
REIT
Real
Estate
Investment
Trust
S&P
500
®
HIGH
INCOME
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
182
ISPY
::
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
August
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2026
($)
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
130,290,862
20,026,000
–
–
(2,000)
150,314,862
1,501,347
1,206,813
Futures
Contracts
Purchased
S&P
500
®
High
Income
ETF
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
496
9/18/2026
U.S.
Dollar
$
190,935,200
$
5,955,238
Swap
Agreements
S&P
500
®
High
Income
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
August
31,
2026:
Notional
Amount  
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
77,575,691
12/9/2027
Bank
of
America
NA
N/A
S&P
500
®
Daily
Covered
Call
Index
(
1,222,327
)
197,013,985
11/4/2027
BNP
Paribas
N/A
S&P
500
®
Daily
Covered
Call
Index
(
4,236,929
)
53,140,289
11/8/2027
Citibank
NA
N/A
S&P
500
®
Daily
Covered
Call
Index
(
833,998
)
875,012,694
11/8/2027
Goldman
Sachs
International
N/A
S&P
500
®
Daily
Covered
Call
Index
(
16,154,077
)
29,203,746
3/8/2027
Societe
Generale
N/A
S&P
500
®
Daily
Covered
Call
Index
(
702,341
)
1,231,946,405
(
23,149,672
)
Total
Unrealized
Depreciation
(
23,149,672
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
No
financing
fee
is
paid
or
received
on
this
swap.
AUGUST
31,
2026
(Unaudited)
::
S&P
GLOBAL
CORE
BATTERY
METALS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
183
ION
::
Investments
Shares
Value
Common
Stocks
—
99
.6
%
Broadline
Retail
—
0.4%
Wesfarmers
Ltd.
1,005
$
57,211
Chemicals
—
19.6%
Albemarle
Corp.
2,863
386,419
Chengxin
Lithium
Group
Co.
Ltd.,
Class
a
A*
52,800
256,306
Ganfeng
Lithium
Group
Co.
Ltd.,
Class
a
H(a)
59,315
309,801
Qinghai
Salt
Lake
Industry
Co.
Ltd.,
Class
a
A*
80,500
337,700
Sichuan
Yahua
Industrial
Group
Co.
Ltd.,
Class
a
A
85,200
243,180
Sociedad
Quimica
y
Minera
de
Chile
SA,
ADR
5,256
415,277
Tianqi
Lithium
Corp.,
Class
a
A*
44,700
331,931
Zangge
Mining
Co.
Ltd.,
Class
a
A
29,400
342,964
2,623,578
Construction
&
Engineering
—
0.6%
Metallurgical
Corp.
of
China
Ltd.,
Class
a
H*
441,921
77,239
Electrical
Equipment
—
1.9%
Contemporary
Amperex
Technology
Co.
Ltd.,
Class
a
A
1,700
91,972
Zhejiang
Huayou
Cobalt
Co.
Ltd.,
Class
a
A
27,200
160,168
252,140
Metals
&
Mining
—
76.1%
African
Rainbow
Minerals
Ltd.
34,216
383,172
AMG
Critical
Materials
NV
6,734
254,524
Anglo
American
plc
4,358
252,088
ANTAM
Persero
Tbk.
PT
1,732,941
303,252
BHP
Group
Ltd.
225
10,679
Boliden
AB
2,612
153,977
China
Nonferrous
Mining
Corp.
Ltd.
118,211
249,740
CMOC
Group
Ltd.,
Class
a
H
130,203
279,892
Elevra
Lithium
Ltd.*
66,285
391,874
Eramet
SA(b)
6,735
354,540
First
Quantum
Minerals
Ltd.*
9,925
330,129
Glencore
plc
16,382
132,209
Hainan
Mining
Co.
Ltd.,
Class
a
A
104,900
150,485
IGO
Ltd.*
95,004
591,614
Impala
Platinum
Holdings
Ltd.
14,951
208,755
Ivanhoe
Mines
Ltd.,
Class
a
A*
20,015
174,885
Jinchuan
Group
International
Resources
Co.
Ltd.‡
1,057,129
—
Liontown
Ltd.(b)
424,192
372,371
Lundin
Mining
Corp.
9,452
253,085
Mineral
Resources
Ltd.*
7,917
366,667
MMG
Ltd.*
40,452
47,659
Northam
Platinum
Holdings
Ltd.
11,889
215,045
Pacific
Metals
Co.
Ltd.(b)
34,117
567,869
PLS
Group
Ltd.(b)
123,958
479,673
POSCO
Holdings,
Inc.,
ADR
1,139
69,878
Investments
Shares
Value
Common
Stocks
(continued)
PT
TIMAH
Persero
Tbk.
1,562,798
$
356,404
Rio
Tinto
plc
1,135
118,020
Sibanye
Stillwater
Ltd.
58,018
171,816
Sigma
Lithium
Corp.*
39,090
494,098
Sinomine
Resource
Group
Co.
Ltd.,
Class
a
A
22,600
181,409
Tibet
Mineral
Development
Co.
Ltd.,
Class
a
A*
108,700
385,311
Vale
Indonesia
Tbk.
PT
1,643,797
487,154
Vale
SA,
Class
a
B,
ADR
15,940
240,535
Valterra
Platinum
Ltd.
3,628
310,189
Xinjiang
Xinxin
Mining
Industry
Co.
Ltd.,
Class
a
H(b)
1,101,793
283,937
Xizang
Zhufeng
Resources
Co.
Ltd.,
Class
a
A
103,900
218,164
Youngy
Co.
Ltd.,
Class
a
A
29,900
329,174
Zijin
Mining
Group
Co.
Ltd.,
Class
a
H
11,805
55,151
10,225,424
Trading
Companies
&
Distributors
—
1.0%
Sojitz
Corp.
840
29,467
Sumitomo
Corp.
7,448
83,525
Toyota
Tsusho
Corp.
474
22,188
135,180
Total
Common
Stocks
(Cost
$11,316,508)
13,370,772
Securities
Lending
Reinvestments
(c)
—
2
.5
%
Investment
Companies
—
2
.5
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$342,321)
342,321
342,321
Total
Investments
—
102.1%
(Cost
$11,658,829)
13,713,093
Liabilities
in
excess
of
other
assets
—
(2.1%)
(
279,042
)
Net
Assets
—
100.0%
$
13,434,051
*
Non-income
producing
security.
‡
Value
determined
using
significant
unobservable
inputs.
(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)
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
$1,535,814,
collateralized
in
the
form
of
cash
with
a
value
of
$342,321
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$1,367,491
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
5.00%,
and
maturity
dates
ranging
from
September
17,
2026
–
November
15,
2055.
The
total
value
of
collateral
is
$1,709,812.
(c)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$342,321.
(d)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
S&P
GLOBAL
CORE
BATTERY
METALS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
184
ION
::
.
Abbreviations
ADR
American
Depositary
Receipt
S&P
Global
Core
Battery
Metals
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
China
29
.8
%
Australia
16
.9
%
South
Africa
9
.6
%
Canada
9
.3
%
Indonesia
8
.5
%
Japan
5
.2
%
United
Kingdom
3
.8
%
Chile
3
.1
%
United
States
2
.9
%
France
2
.6
%
Hong
Kong
2
.5
%
Netherlands
1
.9
%
Brazil
1
.8
%
Sweden
1
.2
%
South
Korea
0
.5
%
Other
a
0
.4
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
AUGUST
31,
2026
(Unaudited)
::
S&P
KENSHO
CLEANTECH
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
185
CTEX
::
Investments
Shares
Value
Common
Stocks
—
99
.8
%
Automobiles
—
3.2%
Tesla,
Inc.*
412
$
151,595
Construction
&
Engineering
—
9.3%
Arcosa,
Inc.
1,936
281,301
Valmont
Industries,
Inc.
338
158,745
440,046
Electrical
Equipment
—
45.2%
American
Superconductor
Corp.*
3,536
101,519
Array
Technologies,
Inc.*
28,157
124,454
Ballard
Power
Systems,
Inc.*
54,292
125,414
Bloom
Energy
Corp.,
Class
a
A*
866
178,656
Energy
Vault
Holdings,
Inc.*
46,889
159,423
Eos
Energy
Enterprises,
Inc.(a)
32,986
106,215
Fluence
Energy,
Inc.*
9,291
100,436
FuelCell
Energy,
Inc.*
13,073
225,248
GE
Vernova,
Inc.
223
200,372
Generac
Holdings,
Inc.*
927
171,847
Nextpower,
Inc.,
Class
a
A*
1,785
146,423
Plug
Power,
Inc.(a)
68,562
148,094
Shoals
Technologies
Group,
Inc.,
Class
a
A*
24,455
169,229
Sunrun,
Inc.*
17,232
147,678
Tigo
Energy,
Inc.*
37,862
40,512
2,145,520
Electronic
Equipment,
Instruments
&
Components
—
2.9%
Corning,
Inc.
946
140,699
Energy
Equipment
&
Services
—
3.2%
Tenaris
SA,
ADR
2,735
152,804
Independent
Power
and
Renewable
Electricity
Producers
—
8.2%
Ormat
Technologies,
Inc.
1,737
177,174
ReNew
Energy
Global
plc,
Class
a
A*
31,103
211,500
388,674
Machinery
—
3.8%
Hyster-Yale,
Inc.
5,368
181,761
Semiconductors
&
Semiconductor
Equipment
—
24.0%
Canadian
Solar,
Inc.(a)
14,314
176,492
Daqo
New
Energy
Corp.,
ADR*
13,287
171,269
Enphase
Energy,
Inc.*
4,853
176,746
First
Solar,
Inc.*
1,020
205,938
JinkoSolar
Holding
Co.
Ltd.,
ADR
10,227
128,656
SolarEdge
Technologies,
Inc.*
4,162
134,016
T1
Energy,
Inc.(a)
32,986
146,788
1,139,905
Total
Common
Stocks
(Cost
$4,891,327)
4,741,004
Investments
Shares
Value
Securities
Lending
Reinvestments
(b)
—
11
.9
%
Investment
Companies
—
11
.9
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(c)
(Cost
$565,442)
565,442
$
565,442
Total
Investments
—
111.7%
(Cost
$5,456,769)
5,306,446
Liabilities
in
excess
of
other
assets
—
(11.7%)
(
555,931
)
Net
Assets
—
100.0%
$
4,750,515
*
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
$521,414,
collateralized
in
the
form
of
cash
with
a
value
of
$565,442
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$1,373
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
6.13%,
and
maturity
dates
ranging
from
October
22,
2026
–
November
15,
2055.
The
total
value
of
collateral
is
$566,815.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$565,442.
(c)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
Abbreviations
ADR
American
Depositary
Receipt
S&P
KENSHO
CLEANTECH
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
186
CTEX
::
S&P
Kensho
Cleantech
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
87
.1
%
Canada
6
.4
%
China
6
.3
%
Other
a
0
.2
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
AUGUST
31,
2026
(Unaudited)
::
S&P
KENSHO
SMART
FACTORIES
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
187
MAKX
::
Investments
Shares
Value
Common
Stocks
—
99
.7
%
Electrical
Equipment
—
16.0%
Allient,
Inc.
2,071
$
194,695
Emerson
Electric
Co.
2,043
311,435
Rockwell
Automation,
Inc.
658
279,275
785,405
Electronic
Equipment,
Instruments
&
Components
—
20.9%
Cognex
Corp.
4,856
296,022
Ouster,
Inc.*
10,285
354,215
Sanmina
Corp.*
675
132,786
Zebra
Technologies
Corp.,
Class
a
A*
699
247,132
1,030,155
Machinery
—
16.4%
3D
Systems
Corp.*
110,355
361,964
Dover
Corp.
707
137,321
Flowserve
Corp.
2,188
173,049
Stratasys
Ltd.*
17,398
134,834
807,168
Metals
&
Mining
—
2.3%
POSCO
Holdings,
Inc.,
ADR
1,824
111,902
Semiconductors
&
Semiconductor
Equipment
—
22.5%
Ambarella,
Inc.*
2,132
147,918
Ambiq
Micro,
Inc.*
3,892
226,943
Applied
Materials,
Inc.
375
171,896
CEVA,
Inc.*
4,643
125,593
Investments
Shares
Value
Common
Stocks
(continued)
NVIDIA
Corp.
774
$
170,884
ON
Semiconductor
Corp.*
1,522
112,765
Tower
Semiconductor
Ltd.*
742
152,147
1,108,146
Software
—
9.4%
Autodesk,
Inc.*
1,244
321,612
Synopsys,
Inc.*
319
140,229
461,841
Trading
Companies
&
Distributors
—
3.3%
Applied
Industrial
Technologies,
Inc.
509
164,906
Wireless
Telecommunication
Services
—
8.9%
SK
Telecom
Co.
Ltd.,
ADR
8,198
314,721
Turkcell
Iletisim
Hizmetleri
A/S,
ADR
24,607
123,773
438,494
Total
Common
Stocks
(Cost
$4,258,043)
4,908,017
Total
Investments
—
99.7%
(Cost
$4,258,043)
4,908,017
Other
assets
less
liabilities
—
0.3%
12,586
Net
Assets
—
100.0%
$
4,920,603
*
Non-income
producing
security.
Abbreviations
ADR
American
Depositary
Receipt
S&P
Kensho
Smart
Factories
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
85
.4
%
South
Korea
8
.7
%
Israel
3
.1
%
Turkey
2
.5
%
Other
a
0
.3
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
S&P
MIDCAP
400
®
DIVIDEND
ARISTOCRATS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
188
REGL
::
Investments
Shares
Value
Common
Stocks
—
99
.9
%
Automobiles
—
1.5%
Thor
Industries,
Inc.
351,085
$
26,682,460
Banks
—
13.6%
Bank
OZK
534,515
26,233,996
Commerce
Bancshares,
Inc.
464,127
26,784,769
Cullen/Frost
Bankers,
Inc.
167,904
27,010,716
First
Financial
Bankshares,
Inc.
785,590
26,105,156
Home
BancShares,
Inc.
896,487
26,410,507
International
Bancshares
Corp.
358,996
25,187,159
Prosperity
Bancshares,
Inc.
372,903
26,684,939
UMB
Financial
Corp.
193,523
27,408,663
United
Bankshares,
Inc.
580,776
27,371,973
239,197,878
Building
Products
—
1.6%
Carlisle
Cos.,
Inc.
83,118
28,807,036
Capital
Markets
—
3.1%
Evercore,
Inc.,
Class
a
A
81,332
23,295,925
SEI
Investments
Co.
275,891
30,618,383
53,914,308
Chemicals
—
6.3%
Avient
Corp.
729,235
32,130,094
Cabot
Corp.
304,132
25,154,758
RPM
International,
Inc.
253,599
26,399,656
Westlake
Corp.
353,546
26,540,698
110,225,206
Commercial
Services
&
Supplies
—
2.9%
MSA
Safety,
Inc.
158,552
29,612,757
RB
Global,
Inc.
246,531
20,851,592
50,464,349
Containers
&
Packaging
—
4.5%
AptarGroup,
Inc.
210,918
27,761,027
Silgan
Holdings,
Inc.
598,828
24,875,315
Sonoco
Products
Co.
494,003
27,244,266
79,880,608
Diversified
Consumer
Services
—
1.6%
Service
Corp.
International
352,219
28,755,159
Electric
Utilities
—
4.3%
IDACORP,
Inc.
183,168
24,940,155
OGE
Energy
Corp.
552,621
25,216,096
Portland
General
Electric
Co.
514,820
25,154,105
75,310,356
Electronic
Equipment,
Instruments
&
Components
—
1.5%
Littelfuse,
Inc.
65,479
26,989,134
Food
Products
—
3.2%
Ingredion,
Inc.
265,926
27,512,704
Marzetti
Co.
(The)(a)
250,775
28,249,804
55,762,508
Investments
Shares
Value
Common
Stocks
(continued)
Gas
Utilities
—
6.0%
National
Fuel
Gas
Co.
328,799
$
27,310,045
New
Jersey
Resources
Corp.
462,707
24,680,792
ONE
Gas,
Inc.
339,407
26,904,793
Spire,
Inc.
331,923
27,164,578
106,060,208
Ground
Transportation
—
1.4%
Ryder
System,
Inc.
98,580
24,098,867
Health
Care
Providers
&
Services
—
3.2%
Chemed
Corp.
54,108
28,066,361
Ensign
Group,
Inc.
(The)
161,104
27,751,775
55,818,136
Hotels,
Restaurants
&
Leisure
—
1.6%
Churchill
Downs,
Inc.
331,680
29,015,366
Industrial
REITs
—
2.8%
EastGroup
Properties,
Inc.,
REIT
125,938
25,124,631
STAG
Industrial,
Inc.,
REIT
659,666
24,572,558
49,697,189
Insurance
—
14.3%
American
Financial
Group,
Inc.
194,035
27,659,689
First
American
Financial
Corp.
386,334
28,557,809
Hanover
Insurance
Group,
Inc.
(The)
127,984
28,938,462
Old
Republic
International
Corp.
654,910
27,329,395
Primerica,
Inc.
87,088
25,050,863
Reinsurance
Group
of
America,
Inc.
115,781
28,486,757
RenaissanceRe
Holdings
Ltd.
85,222
27,922,136
RLI
Corp.
461,845
29,313,302
Unum
Group
310,335
28,929,429
252,187,842
Leisure
Products
—
1.3%
Polaris,
Inc.
367,224
23,700,637
Machinery
—
6.5%
Donaldson
Co.,
Inc.
299,519
27,223,282
Graco,
Inc.
368,764
28,553,397
Lincoln
Electric
Holdings,
Inc.
109,340
30,749,688
Toro
Co.
(The)
287,204
28,091,423
114,617,790
Metals
&
Mining
—
3.6%
Reliance,
Inc.
70,542
27,091,655
Royal
Gold,
Inc.
135,368
35,394,671
62,486,326
Multi-Utilities
—
3.0%
Black
Hills
Corp.
363,355
26,045,287
AUGUST
31,
2026
(Unaudited)
::
S&P
MIDCAP
400
®
DIVIDEND
ARISTOCRATS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
189
REGL
::
Investments
Shares
Value
Common
Stocks
(continued)
Northwestern
Energy
Group,
Inc.
375,626
$
25,978,294
52,023,581
Oil,
Gas
&
Consumable
Fuels
—
1.4%
DT
Midstream,
Inc.
190,184
24,917,908
Residential
REITs
—
1.5%
Equity
LifeStyle
Properties,
Inc.,
REIT
416,070
26,399,642
Retail
REITs
—
1.4%
NNN
REIT,
Inc.
556,344
25,146,749
Specialized
REITs
—
1.5%
CubeSmart,
REIT
662,555
26,316,685
Specialty
Retail
—
1.7%
Lithia
Motors,
Inc.,
Class
a
A
80,141
29,437,392
Trading
Companies
&
Distributors
—
3.0%
Applied
Industrial
Technologies,
Inc.
79,792
25,851,012
GATX
Corp.
151,071
26,426,850
52,277,862
Water
Utilities
—
1.6%
Essential
Utilities,
Inc.
691,479
28,468,190
Total
Common
Stocks
(Cost
$1,498,624,501)
1,758,659,372
Securities
Lending
Reinvestments
(b)
—
0
.0
%
(c)
Investment
Companies
—
0
.0
%
(c)
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(d)
(Cost
$386,339)
386,339
386,339
Principal
Amount
Short-Term
Investments
—
0
.1
%
Repurchase
Agreements
(e)
—
0
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$2,351,717
(Cost
$2,351,482)
$
2,351,482
2,351,482
Total
Investments
—
100.0%
(Cost
$1,501,362,322)
1,761,397,193
Liabilities
in
excess
of
other
assets
—
0.0%(c)
(
228,109
)
Net
Assets
—
100.0%
$
1,761,169,084
(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
$371,182,
collateralized
in
the
form
of
cash
with
a
value
of
$386,339
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$386,339.
(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
S&P
TECHNOLOGY
DIVIDEND
ARISTOCRATS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
190
TDV
::
Investments
Shares
Value
Common
Stocks
—
99
.8
%
Communications
Equipment
—
5.6%
Cisco
Systems,
Inc.
63,189
$
6,981,752
Motorola
Solutions,
Inc.
17,536
8,510,221
15,491,973
Electronic
Equipment,
Instruments
&
Components
—
18.5%
Amphenol
Corp.,
Class
a
A
45,016
7,137,287
Avnet,
Inc.
78,669
7,045,596
Badger
Meter,
Inc.
55,975
7,582,933
CDW
Corp.
54,613
8,278,239
Cognex
Corp.
113,374
6,911,279
Littelfuse,
Inc.
17,041
7,023,959
TE
Connectivity
plc
35,402
7,266,260
51,245,553
Financial
Services
—
11.2%
Cass
Information
Systems,
Inc.
135,004
7,575,074
Jack
Henry
&
Associates,
Inc.
48,513
8,145,818
Mastercard,
Inc.,
Class
a
A
13,328
7,854,324
Visa,
Inc.,
Class
a
A
20,062
7,610,921
31,186,137
IT
Services
—
6.4%
Accenture
plc,
Class
a
A
50,613
9,604,323
International
Business
Machines
Corp.
34,458
8,058,692
17,663,015
Professional
Services
—
9.6%
Broadridge
Financial
Solutions,
Inc.
49,198
8,972,731
Genpact
Ltd.
236,268
8,973,459
SS&C
Technologies
Holdings,
Inc.
105,795
8,777,811
26,724,001
Semiconductors
&
Semiconductor
Equipment
—
27.0%
Analog
Devices,
Inc.
18,334
6,639,475
Applied
Materials,
Inc.
12,800
5,867,392
Broadcom,
Inc.
17,869
6,617,605
KLA
Corp.
33,026
5,794,412
Kulicke
&
Soffa
Industries,
Inc.
67,144
5,375,549
Lam
Research
Corp.
22,207
6,695,188
Microchip
Technology,
Inc.
83,397
6,125,510
Monolithic
Power
Systems,
Inc.
5,070
6,427,594
Power
Integrations,
Inc.
97,812
5,025,581
QUALCOMM,
Inc.
40,371
6,882,448
Texas
Instruments,
Inc.
24,101
6,288,192
Universal
Display
Corp.
86,903
7,227,722
74,966,668
Software
—
16.0%
Dolby
Laboratories,
Inc.,
Class
a
A
144,319
8,884,278
Intuit,
Inc.
24,925
8,955,553
Microsoft
Corp.
18,165
9,214,923
Oracle
Corp.
56,345
8,402,166
Investments
Shares
Value
Common
Stocks
(continued)
Roper
Technologies,
Inc.
21,058
$
8,942,069
44,398,989
Technology
Hardware,
Storage
&
Peripherals
—
5.5%
Apple,
Inc.
21,757
6,893,705
HP,
Inc.
282,486
8,480,230
15,373,935
Total
Common
Stocks
(Cost
$232,708,527)
277,050,271
Principal
Amount
Short-Term
Investments
—
0
.2
%
Repurchase
Agreements
(a)
—
0
.2
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.66%,
dated
8/31/2026,
due
9/1/2026,
total
to
be
received
$439,880
(Cost
$439,838)
$
439,838
439,838
Total
Investments
—
100.0%
(Cost
$233,148,365)
277,490,109
Liabilities
in
excess
of
other
assets
—
0.0%(b)
(
111,233
)
Net
Assets
—
100.0%
$
277,378,876
(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.
(b)
Represents
less
than
0.05%
of
net
assets.
AUGUST
31,
2026
(Unaudited)
::
SMART
MATERIALS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
191
TINT
::
Investments
Shares
Value
Common
Stocks
—
99
.5
%
Aerospace
&
Defense
—
4.7%
Hexcel
Corp.
1,023
$
94,801
Biotechnology
—
0.7%
3-D
Matrix
Ltd.*
5,870
13,926
Chemicals
—
73.4%
Akzo
Nobel
NV(a)
1,494
107,072
Arkema
SA
1,266
88,378
Cabot
Corp.
1,190
98,425
Chemours
Co.
(The)
3,470
53,993
Hansol
Chemical
Co.
Ltd.
466
70,482
Hydrograph
Clean
Power,
Inc.*
15,811
66,167
Ingevity
Corp.*
1,197
82,940
Koppers
Holdings,
Inc.
899
41,237
Neo
Performance
Materials,
Inc.
1,933
43,766
OCI
Co.
Ltd.*
411
24,895
OCI
Holdings
Co.
Ltd.
355
71,981
PPG
Industries,
Inc.
833
93,438
RPM
International,
Inc.
871
90,671
Sika
AG
(Registered)
497
118,079
Solvay
SA
2,841
85,271
Syensqo
SA
1,405
132,517
Tayca
Corp.
1,097
16,714
Toagosei
Co.
Ltd.
4,954
58,130
Zeon
Corp.
8,419
132,543
1,476,699
Electrical
Equipment
—
2.5%
Mersen
SA
1,135
50,098
Electronic
Equipment,
Instruments
&
Components
—
4.6%
LG
Display
Co.
Ltd.*
10,687
73,714
Solus
Advanced
Materials
Co.
Ltd.
3,221
18,852
92,566
Semiconductors
&
Semiconductor
Equipment
—
13.6%
Duk
San
Neolux
Co.
Ltd.*
1,139
28,504
Innox
Advanced
Materials
Co.
Ltd.
915
14,241
Kopin
Corp.*
8,523
37,842
LX
Semicon
Co.
Ltd.
746
19,950
NVIDIA
Corp.
439
96,922
Universal
Display
Corp.
923
76,766
274,225
Total
Common
Stocks
(Cost
$2,000,058)
2,002,315
Total
Investments
—
99.5%
(Cost
$2,000,058)
2,002,315
Other
assets
less
liabilities
—
0.5%
10,386
Net
Assets
—
100.0%
$
2,012,701
*
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
$107,071,
collateralized
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.63%
–
5.00%,
and
maturity
dates
ranging
from
February
15,
2028
–
February
15,
2053.
The
total
value
of
collateral
is
$113,166.
SMART
MATERIALS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
192
TINT
::
Smart
Materials
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
38
.1
%
South
Korea
16
.0
%
Japan
11
.0
%
Belgium
10
.8
%
France
6
.9
%
Switzerland
5
.9
%
Canada
5
.5
%
Netherlands
5
.3
%
Other
a
0
.5
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
AUGUST
31,
2026
(Unaudited)
::
SUPPLY
CHAIN
LOGISTICS
ETF
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
193
SUPL
::
Investments
Shares
Value
Common
Stocks
—
96
.7
%
Air
Freight
&
Logistics
—
28.4%
CH
Robinson
Worldwide,
Inc.
448
$
67,048
Deutsche
Post
AG
1,760
114,768
DSV
A/S
426
89,861
Expeditors
International
of
Washington,
Inc.
497
94,256
FedEx
Corp.
321
105,095
GXO
Logistics,
Inc.*
431
20,572
InPost
SA*
1,000
18,085
J&T
Global
Express
Ltd.*
22,424
27,807
United
Parcel
Service,
Inc.,
Class
a
B
977
101,833
ZTO
Express
Cayman,
Inc.
1,570
33,489
672,814
Commercial
Services
&
Supplies
—
3.0%
Brambles
Ltd.
5,101
71,609
Communications
Equipment
—
0.6%
Ondas,
Inc.(a)
1,901
14,552
Ground
Transportation
—
45.1%
Aurizon
Holdings
Ltd.
6,394
16,770
Canadian
National
Railway
Co.
879
109,752
Canadian
Pacific
Kansas
City
Ltd.
1,178
109,126
CSX
Corp.
2,258
114,052
Fedex
Freight
Holding
Co.,
Inc.*
426
56,973
Full
Truck
Alliance
Co.
Ltd.,
ADR
3,356
28,425
JB
Hunt
Transport
Services,
Inc.
282
74,863
Knight-Swift
Transportation
Holdings,
Inc.,
Class
a
A
603
41,311
Landstar
System,
Inc.
129
23,301
Norfolk
Southern
Corp.
338
115,863
Old
Dominion
Freight
Line,
Inc.
436
87,183
RXO,
Inc.*
626
13,302
Saia,
Inc.*
101
35,868
TFI
International,
Inc.
294
39,503
Union
Pacific
Corp.
390
117,261
XPO,
Inc.*
435
84,386
1,067,939
Hotels,
Restaurants
&
Leisure
—
4.6%
Amadeus
IT
Group
SA
1,627
110,027
Marine
Transportation
—
15.0%
AP
Moller
-
Maersk
A/S,
Class
a
B
11
36,818
COSCO
SHIPPING
Holdings
Co.
Ltd.,
Class
a
H
9,091
19,972
Evergreen
Marine
Corp.
Taiwan
Ltd.
7,418
54,603
HMM
Co.
Ltd.
2,342
36,706
Kawasaki
Kisen
Kaisha
Ltd.(a)
2,166
45,150
Kuehne
+
Nagel
International
AG
(Registered)
201
53,660
Matson,
Inc.
113
25,404
Investments
Shares
Value
Common
Stocks
(continued)
SITC
International
Holdings
Co.
Ltd.
5,032
$
30,647
Wan
Hai
Lines
Ltd.
8,900
31,984
Yang
Ming
Marine
Transport
Corp.
9,053
16,980
351,924
Total
Common
Stocks
(Cost
$1,966,810)
2,288,865
Master
Limited
Partnerships
—
2
.8
%
Multi-Utilities
—
2.8%
Brookfield
Infrastructure
Partners
LP
(Cost
$59,314)
1,740
65,772
Securities
Lending
Reinvestments
(b)
—
0
.6
%
Investment
Companies
—
0
.6
%
Invesco
Government
&
Agency
Portfolio,
Institutional
Class
3.68%
(c)
(Cost
$15,390)
15,390
15,390
Total
Investments
—
100.1%
(Cost
$2,041,514)
2,370,027
Liabilities
in
excess
of
other
assets
—
(0.1%)
(
1,469
)
Net
Assets
—
100.0%
$
2,368,558
*
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
$41,268,
collateralized
in
the
form
of
cash
with
a
value
of
$15,390
that
was
reinvested
in
the
securities
shown
in
the
Securities
Lending
Reinvestment
section
of
the
Schedule
of
Portfolio
Investments
and
$30,718
of
collateral
in
the
form
of
U.S.
Government
Treasury
Securities,
interest
rates
ranging
from
0.00%
–
5.00%,
and
maturity
dates
ranging
from
September
17,
2026
–
August
15,
2055.
The
total
value
of
collateral
is
$46,108.
(b)
The
security
was
purchased
with
cash
collateral
held
from
securities
on
loan
at
August
31,
2026.
The
total
value
of
securities
purchased
was
$15,390.
(c)
Rate
shown
is
the
7-day
yield
as
of
August
31,
2026.
Abbreviations
ADR
American
Depositary
Receipt
SUPPLY
CHAIN
LOGISTICS
ETF
::
AUGUST
31,
2026
(Unaudited)
SCHEDULE
OF
PORTFOLIO
INVESTMENTS
PROSHARES
TRUST
194
SUPL
::
Supply
Chain
Logistics
ETF
invested,
as
a
percentage
of
net
assets,
in
the
following
countries
as
of
August
31,
2026:
United
States
54
.4
%
Canada
10
.9
%
Denmark
5
.4
%
Germany
4
.8
%
China
4
.7
%
Spain
4
.6
%
Taiwan
4
.4
%
Australia
3
.7
%
Switzerland
2
.3
%
Japan
1
.9
%
South
Korea
1
.6
%
Netherlands
0
.8
%
Other
a
0
.5
%
100
.0
%
a
Includes
any
non-equity
securities
and
net
other
assets
(liabilities).
NOTES
TO
SCHEDULES
OF
PORTFOLIO
INVESTMENTS
::
AUGUST
31,
2026
(Unaudited)
::
195
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
Decline
of
the
Retail
Store
ETF
................................
$
677,160
$
135,432
$
216,692
$
406,297
$
1,018,407
$
2,453,988
DJ
Brookfield
Global
Infrastructure
ETF
...........................
97,408
19,482
31,171
58,445
146,496
353,002
Equities
for
Rising
Rates
ETF
.................................
16,280
3,256
5,208
9,768
24,483
58,995
Global
Listed
Private
Equity
ETF
...............................
22,433
4,487
7,179
13,460
33,739
81,298
Hedge
Replication
ETF
....................................
807,336
161,467
258,348
484,402
1,214,182
2,925,735
High
Yield-Interest
Rate
Hedged
...............................
1,556,009
311,202
497,923
933,605
2,340,140
5,638,879
Inflation
Expectations
ETF
...................................
475,110
95,022
152,036
285,066
714,536
1,721,770
Investment
Grade-Interest
Rate
Hedged
...........................
1,434,383
286,877
459,003
860,630
2,157,223
5,198,116
K-1
Free
Crude
Oil
ETF
....................................
5,582,779
1,116,556
1,786,489
3,349,667
8,396,149
20,231,640
Large
Cap
Core
Plus
......................................
2,544,543
508,909
814,253
1,526,726
3,826,832
9,221,263
Long
Online/Short
Stores
ETF
................................
115,902
23,180
37,088
69,541
174,310
420,021
Merger
ETF
...........................................
154,307
30,861
49,378
92,584
232,069
559,199
MSCI
EAFE
Dividend
Growers
ETF
..............................
61,648
12,330
19,728
36,989
92,715
223,410
MSCI
Emerging
Markets
Dividend
Growers
ETF
......................
50,886
10,177
16,283
30,532
76,530
184,408
MSCI
Europe
Dividend
Growers
ETF
.............................
5,672
1,134
1,815
3,403
8,530
20,554
MSCI
Transformational
Changes
ETF
............................
4,569
914
1,462
2,741
6,871
16,557
Nasdaq-100
Dorsey
Wright
Momentum
ETF
.........................
13,432
2,687
4,299
8,059
20,201
48,678
Nasdaq-100
Dynamic
Buffer
ETF
...............................
85,990
17,198
27,518
51,594
129,324
311,624
Nasdaq-100
High
Income
ETF
................................
6,165,649
1,233,130
1,973,009
3,699,389
9,272,747
22,343,924
Online
Retail
ETF
........................................
5,120
1,024
1,637
3,072
7,700
18,553
Pet
Care
ETF
..........................................
22,568
4,514
7,222
13,541
33,940
81,785
Russell
2000
Dividend
Growers
ETF
.............................
147,265
29,453
47,124
88,358
221,476
533,676
Russell
2000
Dynamic
Buffer
ETF
...............................
20,788
4,158
6,653
12,473
31,265
75,337
Russell
2000
High
Income
ETF
................................
4,441,479
888,296
1,421,274
2,664,887
6,679,705
16,095,641
Russell
U.S.
Dividend
Growers
ETF
.............................
1,525
305
487
915
2,292
5,524
S&P
500
®
Dividend
Aristocrats
ETF
..............................
3,037,027
607,405
971,850
1,822,216
4,567,498
11,005,996
S&P
500
®
Dynamic
Buffer
ETF
................................
93,275
18,655
29,847
55,965
140,278
338,020
S&P
500
®
Ex-Energy
ETF
...................................
20,138
4,028
6,444
12,083
30,287
72,980
196
::
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
S&P
500
®
Ex-Financials
ETF
.................................
$
11,645
$
2,329
$
3,726
$
6,987
$
17,514
$
42,201
S&P
500
®
Ex-Health
Care
ETF
................................
13,467
2,693
4,310
8,080
20,252
48,802
S&P
500
®
Ex-Technology
ETF
.................................
109,983
21,997
35,193
65,990
165,407
398,570
S&P
500
®
High
Income
ETF
..................................
11,094,568
2,218,914
3,550,262
6,656,741
16,685,533
40,206,018
S&P
MidCap
400
®
Dividend
Aristocrats
ETF
.........................
648,875
129,775
207,639
389,325
975,868
2,351,482
S&P
Technology
Dividend
Aristocrats
ETF
..........................
121,370
24,274
38,839
72,822
182,533
439,838
$
39,660,589
$
7,932,121
$
12,691,389
$
23,796,353
$
59,647,032
$
143,727,484
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.
(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.