XML 20 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Statements of Financial Condition - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash $ 39,482,473 $ 48,049,225
Segregated cash balances with brokers for futures contracts 180,212,984 261,083,712
Short-term U.S. government and agency obligations 3,038,848,441 3,313,591,600
Unrealized appreciation on swap agreements 55,358,571 6,669,519
Unrealized appreciation on forward agreements 4,417,812 6,587,221
Unrealized appreciation on foreign currency forward contracts 33,392,354 1,805,661
Receivable from capital shares sold   48,046,138
Receivable on open futures contracts 41,862,862 27,655,327
Total assets 3,393,575,497 3,713,488,403
Liabilities    
Payable for capital shares redeemed 71,525,035 60,119,975
Payable on open futures contracts 3,972,621 3,078,269
Brokerage commissions and fees payable 2,909 39,148
Payable to Sponsor 2,722,696 2,839,305
Unrealized depreciation on swap agreements 12,206,881 72,446,044
Unrealized depreciation on forward agreements 25,407,296 24,811,696
Unrealized depreciation on foreign currency forward contracts 1,400,572 43,545,218
Total liabilities 117,238,010 206,879,655
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity [1] 3,276,337,487 3,506,608,748 [2]
Total liabilities and shareholders' equity $ 3,393,575,497 $ 3,713,488,403
Shares outstanding 102,788,942 87,793,127
ProShares VIX Short-Term Futures ETF [Member]    
Assets    
Cash $ 4,536,425 $ 2,124,103
Segregated cash balances with brokers for futures contracts 17,235,855 5,888,545
Short-term U.S. government and agency obligations 147,991,233 96,073,659
Receivable on open futures contracts 4,484,270 1,263,933
Total assets 174,247,783 105,350,240
Liabilities    
Payable to Sponsor 87,637 77,417
Total liabilities 87,637 77,417
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 174,160,146 105,272,823
Total liabilities and shareholders' equity $ 174,247,783 $ 105,350,240
Shares outstanding 8,209,451 1,589,962
Net asset value per share $ 21.21 $ 66.21
Market value per share $ 21.26 $ 66.65
ProShares VIX Mid-Term Futures ETF [Member]    
Assets    
Cash $ 1,155,115 $ 671,791
Segregated cash balances with brokers for futures contracts 1,052,615 980,750
Short-term U.S. government and agency obligations 45,486,235 25,976,287
Receivable on open futures contracts 242,541 42,188
Total assets 47,936,506 27,671,016
Liabilities    
Payable for capital shares redeemed 2,085,020  
Payable to Sponsor 32,572 20,378
Total liabilities 2,117,592 20,378
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 45,818,914 27,650,638
Total liabilities and shareholders' equity $ 47,936,506 $ 27,671,016
Shares outstanding 1,087,403 512,404
Net asset value per share $ 42.14 $ 53.96
Market value per share $ 42.34 $ 53.99
ProShares Short VIX Short-Term Futures ETF [Member]    
Assets    
Cash $ 1,850,760 $ 5,150,976
Segregated cash balances with brokers for futures contracts 55,323,984 123,528,405
Short-term U.S. government and agency obligations 170,396,436 535,392,718
Receivable from capital shares sold   10,164,157
Receivable on open futures contracts 1,059,418  
Total assets 228,630,598 674,236,256
Liabilities    
Payable for capital shares redeemed   29,497,107
Payable on open futures contracts 325,000 1,420,271
Payable to Sponsor 230,211 507,517
Total liabilities 555,211 31,424,895
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 228,075,387 642,811,361
Total liabilities and shareholders' equity $ 228,630,598 $ 674,236,256
Shares outstanding 2,500,000 12,650,040
Net asset value per share $ 91.23 $ 50.81
Market value per share $ 90.98 $ 50.45
ProShares Ultra VIX Short-Term Futures ETF [Member]    
Assets    
Cash $ 10,969,955 $ 9,081,964
Segregated cash balances with brokers for futures contracts 71,363,625 62,348,600
Short-term U.S. government and agency obligations 434,671,795 438,357,849
Receivable from capital shares sold   32,987,472
Receivable on open futures contracts 35,967,191 17,995,478
Total assets 552,972,566 560,771,363
Liabilities    
Payable for capital shares redeemed 36,789,539 12,635,235
Payable to Sponsor 424,273 427,388
Total liabilities 37,213,812 13,062,623
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 515,758,754 547,708,740
Total liabilities and shareholders' equity $ 552,972,566 $ 560,771,363
Shares outstanding 11,861,530 780,098
Net asset value per share $ 43.48 $ 702.10
Market value per share $ 43.75 $ 708.75
ProShares UltraShort Bloomberg Crude Oil [Member]    
Assets    
Cash $ 2,715,772 $ 598,645
Segregated cash balances with brokers for futures contracts 4,931,520 10,154,430
Short-term U.S. government and agency obligations 205,694,385 79,692,642
Unrealized appreciation on swap agreements   6,412,656
Total assets 213,341,677 96,858,373
Liabilities    
Payable on open futures contracts 13,602 850,883
Brokerage commissions and fees payable   8,453
Payable to Sponsor 162,891 101,143
Unrealized depreciation on swap agreements 12,206,881  
Total liabilities 12,383,374 960,479
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 200,958,303 95,897,894
Total liabilities and shareholders' equity $ 213,341,677 $ 96,858,373
Shares outstanding 6,339,884 1,439,888
Net asset value per share $ 31.70 $ 66.60
Market value per share $ 31.65 $ 66.82
ProShares UltraShort Bloomberg Natural Gas [Member]    
Assets    
Cash $ 326,631 $ 1,099,140
Segregated cash balances with brokers for futures contracts 710,655 2,046,660
Short-term U.S. government and agency obligations 2,899,151 8,115,004
Receivable on open futures contracts 105,872  
Total assets 4,042,309 11,260,804
Liabilities    
Payable on open futures contracts   785,170
Brokerage commissions and fees payable 144 1,908
Payable to Sponsor 3,371 10,870
Total liabilities 3,515 797,948
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 4,038,794 10,462,856
Total liabilities and shareholders' equity $ 4,042,309 $ 11,260,804
Shares outstanding 174,832 224,856
Net asset value per share $ 23.10 $ 46.53
Market value per share $ 23.05 $ 46.55
ProShares UltraShort Gold [Member]    
Assets    
Cash $ 120,840 $ 151,638
Segregated cash balances with brokers for futures contracts 13,200 91,250
Short-term U.S. government and agency obligations 60,540,555 72,979,905
Unrealized appreciation on forward agreements 3,033,566 1,808,942
Receivable on open futures contracts 1,280  
Total assets 63,709,441 75,031,735
Liabilities    
Payable on open futures contracts   80
Payable to Sponsor 55,794 59,891
Total liabilities 55,794 59,971
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 63,653,647 74,971,764
Total liabilities and shareholders' equity $ 63,709,441 $ 75,031,735
Shares outstanding 696,978 646,978
Net asset value per share $ 91.33 $ 115.88
Market value per share $ 90.54 $ 115.83
ProShares UltraShort Silver [Member]    
Assets    
Cash $ 86,051 $ 514,784
Segregated cash balances with brokers for futures contracts 14,300 11,440
Short-term U.S. government and agency obligations 21,550,319 50,730,230
Unrealized appreciation on forward agreements 1,384,246 4,778,279
Receivable on open futures contracts 2,290 390
Total assets 23,037,206 56,035,123
Liabilities    
Payable to Sponsor 19,550 47,185
Total liabilities 19,550 47,185
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 23,017,656 55,987,938
Total liabilities and shareholders' equity $ 23,037,206 $ 56,035,123
Shares outstanding 616,976 866,978
Net asset value per share $ 37.31 $ 64.58
Market value per share $ 38.76 $ 64.55
ProShares Short Euro [Member]    
Assets    
Cash $ 2,292,012 $ 1,783,802
Segregated cash balances with brokers for futures contracts 402,600 503,745
Short-term U.S. government and agency obligations 13,164,828 15,153,211
Receivable on open futures contracts   84,235
Total assets 15,859,440 17,524,993
Liabilities    
Payable on open futures contracts 76,666  
Payable to Sponsor 12,686 14,095
Total liabilities 89,352 14,095
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 15,770,088 17,510,898
Total liabilities and shareholders' equity $ 15,859,440 $ 17,524,993
Shares outstanding 350,000 400,005
Net asset value per share $ 45.06 $ 43.78
Market value per share $ 45.12 $ 43.74
ProShares UltraShort Australian Dollar [Member]    
Assets    
Cash $ 2,834,389 $ 1,958,996
Segregated cash balances with brokers for futures contracts 914,760 57,065
Short-term U.S. government and agency obligations 12,909,619 18,408,894
Receivable on open futures contracts   52,491
Total assets 16,658,768 20,477,446
Liabilities    
Payable on open futures contracts 32,340  
Payable to Sponsor 12,955 16,767
Total liabilities 45,295 16,767
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 16,613,473 20,460,679
Total liabilities and shareholders' equity $ 16,658,768 $ 20,477,446
Shares outstanding 300,000 350,005
Net asset value per share $ 55.38 $ 58.46
Market value per share $ 55.24 $ 58.15
ProShares UltraShort Euro [Member]    
Assets    
Cash $ 2,916,502 $ 10,372,583
Short-term U.S. government and agency obligations 337,375,787 546,166,776
Unrealized appreciation on foreign currency forward contracts 16,519,070  
Total assets 356,811,359 556,539,359
Liabilities    
Payable for capital shares redeemed 6,771,472 5,108,230
Payable to Sponsor 291,098 414,275
Unrealized depreciation on foreign currency forward contracts 356,139 28,710,336
Total liabilities 7,418,709 34,232,841
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 349,392,650 522,306,518
Total liabilities and shareholders' equity $ 356,811,359 $ 556,539,359
Shares outstanding 12,900,000 20,450,014
Net asset value per share $ 27.08 $ 25.54
Market value per share $ 27.08 $ 25.53
ProShares UltraShort Yen [Member]    
Assets    
Cash $ 3,166,988 $ 276,968
Short-term U.S. government and agency obligations 257,102,313 259,997,001
Unrealized appreciation on foreign currency forward contracts 16,870,357 933,727
Total assets 277,139,658 261,207,696
Liabilities    
Payable for capital shares redeemed   8,794,729
Payable to Sponsor 232,491 210,888
Unrealized depreciation on foreign currency forward contracts 125,420 14,829,179
Total liabilities 357,911 23,834,796
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 276,781,747 237,372,900
Total liabilities and shareholders' equity $ 277,139,658 $ 261,207,696
Shares outstanding 3,449,290 2,699,294
Net asset value per share $ 80.24 $ 87.94
Market value per share $ 80.25 $ 87.89
ProShares Ultra Bloomberg Crude Oil [Member]    
Assets    
Cash $ 1,401,555 $ 4,008,379
Segregated cash balances with brokers for futures contracts 20,609,600 47,571,810
Short-term U.S. government and agency obligations 885,050,007 797,650,543
Unrealized appreciation on swap agreements 55,358,571  
Receivable from capital shares sold   4,894,509
Receivable on open futures contracts   5,150,763
Total assets 962,419,733 859,276,004
Liabilities    
Payable for capital shares redeemed 25,879,004 2,514,956
Payable on open futures contracts 1,993,438  
Brokerage commissions and fees payable 2,332 25,000
Payable to Sponsor 813,099 636,984
Unrealized depreciation on swap agreements   72,176,589
Total liabilities 28,687,873 75,353,529
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 933,731,860 783,922,475
Total liabilities and shareholders' equity $ 962,419,733 $ 859,276,004
Shares outstanding 40,013,933 31,163,934
Net asset value per share $ 23.34 $ 25.15
Market value per share $ 23.36 $ 25.08
ProShares Ultra Bloomberg Natural Gas [Member]    
Assets    
Cash $ 971,442 $ 1,411,137
Segregated cash balances with brokers for futures contracts 7,612,770 7,595,280
Short-term U.S. government and agency obligations 36,183,648 26,807,731
Receivable on open futures contracts   3,065,769
Total assets 44,767,860 38,879,917
Liabilities    
Payable on open futures contracts 1,528,005  
Brokerage commissions and fees payable 433 3,623
Payable to Sponsor 36,036 25,110
Total liabilities 1,564,474 28,733
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 43,203,386 38,851,184
Total liabilities and shareholders' equity $ 44,767,860 $ 38,879,917
Shares outstanding 2,292,169 2,092,170
Net asset value per share $ 18.85 $ 18.57
Market value per share $ 18.96 $ 18.48
ProShares Ultra Gold [Member]    
Assets    
Cash $ 1,262,351 $ 251,524
Segregated cash balances with brokers for futures contracts 13,200 8,250
Short-term U.S. government and agency obligations 95,356,621 71,912,587
Receivable on open futures contracts   80
Total assets 96,632,172 72,172,441
Liabilities    
Payable on open futures contracts 1,280  
Payable to Sponsor 72,585 57,031
Unrealized depreciation on forward agreements 4,431,107 2,250,595
Total liabilities 4,504,972 2,307,626
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 92,127,200 69,864,815
Total liabilities and shareholders' equity $ 96,632,172 $ 72,172,441
Shares outstanding 2,800,000 2,350,014
Net asset value per share $ 32.90 $ 29.73
Market value per share $ 33.20 $ 29.73
ProShares Ultra Silver [Member]    
Assets    
Cash $ 1,664,601 $ 243,900
Segregated cash balances with brokers for futures contracts 14,300 17,160
Short-term U.S. government and agency obligations 295,300,799 238,899,626
Total assets 296,979,700 239,160,686
Liabilities    
Payable on open futures contracts 2,290 1,875
Payable to Sponsor 221,281 181,068
Unrealized depreciation on forward agreements 20,976,189 22,561,101
Total liabilities 21,199,760 22,744,044
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 275,779,940 216,416,642
Total liabilities and shareholders' equity $ 296,979,700 $ 239,160,686
Shares outstanding 8,246,526 7,996,533
Net asset value per share $ 33.44 $ 27.06
Market value per share $ 32.09 $ 27.08
ProShares Ultra Euro [Member]    
Assets    
Cash $ 606,393 $ 227,310
Short-term U.S. government and agency obligations 11,891,831 11,605,262
Unrealized appreciation on foreign currency forward contracts 2,548 604,920
Total assets 12,500,772 12,437,492
Liabilities    
Payable for capital shares redeemed   1,569,718
Payable to Sponsor 9,629 10,044
Unrealized depreciation on foreign currency forward contracts 576,558  
Total liabilities 586,187 1,579,762
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 11,914,585 10,857,730
Total liabilities and shareholders' equity $ 12,500,772 $ 12,437,492
Shares outstanding 850,000 700,014
Net asset value per share $ 14.02 $ 15.51
Market value per share $ 14.09 $ 15.51
ProShares Ultra Yen [Member]    
Assets    
Cash $ 604,691 $ 147,371
Short-term U.S. government and agency obligations 5,282,879 5,069,491
Unrealized appreciation on foreign currency forward contracts 379 267,014
Total assets 5,887,949 5,483,876
Liabilities    
Payable to Sponsor 4,537 4,325
Unrealized depreciation on foreign currency forward contracts 342,455 5,703
Total liabilities 346,992 10,028
Commitments and Contingencies
Shareholders' equity    
Shareholders' equity 5,540,957 5,473,848
Total liabilities and shareholders' equity $ 5,887,949 $ 5,483,876
Shares outstanding 99,970 99,974
Net asset value per share $ 55.43 $ 54.75
Market value per share $ 55.52 $ 54.70
[1] The operations include the activity of: ProShares Managed Futures Strategy through March 30, 2016, and ProShares UltraShort Bloomberg Commodity and ProShares Ultra Bloomberg Commodity through September 1, 2016, the date of liquidation, respectively. See Note 1.
[2] The operations include the activity of ProShares Ultra Australian Dollar through June 29, 2015, the date of liquidation, respectively. See Note 1.