Title
of Securities to be Registered
|
Benchmark
|
ProShares
VIX Short-Term Futures ETF (VIXY) |
S&P
500®
VIX Short-Term Futures Index |
ProShares
Ultra VIX Short-Term Futures ETF (UVXY) |
S&P
500®
VIX Short-Term Futures Index |
ProShares
Short VIX Short-Term Futures ETF (SVXY) |
S&P
500®
VIX Short-Term Futures Index |
|
Page |
SUMMARY |
|
Important
Information About the Funds |
|
Overview |
|
The
Matching Fund |
|
The
Ultra Fund |
|
The
Short Fund |
|
All
Funds |
|
Purchases
and Sales in the Secondary Market |
|
Creation
and Redemption Transactions |
|
Breakeven
Amounts |
|
Important
Tax Information |
|
RISK
FACTOR SUMMARY |
|
Risks
Specific to the Geared Funds |
|
Risks
Related to All Funds |
|
RISK
FACTORS |
|
CAUTIONARY
NOTE REGARDING FORWARD-LOOKING STATEMENTS |
|
DESCRIPTION
OF EACH FUND’S BENCHMARK |
|
The
S&P 500 VIX Short-Term Futures Index |
|
Information
about the Index Licensor |
|
INVESTMENT
OBJECTIVES AND PRINCIPAL INVESTMENT STRATEGIES |
|
Investment
Objectives |
|
PERFORMANCE
OF THE OFFERED COMMODITY POOLS OPERATED BY THE COMMODITY POOL
OPERATOR |
|
MANAGEMENT’S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS |
|
CHARGES |
|
Breakeven
Table |
|
MATERIAL
U.S. FEDERAL INCOME TAX CONSIDERATIONS |
|
Status
of the Funds |
|
U.S.
Shareholders |
|
Page |
PERFORMANCE
OF THE OTHER COMMODITY POOLS OPERATED
BY THE COMMODITY POOL OPERATOR |
|
USE
OF PROCEEDS |
|
WHO
MAY SUBSCRIBE |
|
CREATION
AND REDEMPTION OF SHARES |
|
Creation
Procedures |
|
Redemption
Procedures |
|
Creation
and Redemption Transaction Fee |
|
Special
Settlement |
|
LITIGATION |
|
DESCRIPTION
OF THE SHARES; THE FUNDS; CERTAIN MATERIAL TERMS
OF THE TRUST AGREEMENT |
|
Description
of the Shares |
|
Principal
Office; Location of Records; Fiscal Year |
|
The
Funds |
|
The
Trustee |
|
The
Sponsor |
|
Duties
of the Sponsor |
|
Ownership
or Beneficial Interest in the Funds |
|
Management;
Voting by Shareholders |
|
Recognition
of the Trust and the Funds in Certain States |
|
Possible
Repayment of Distributions Received by Shareholders |
|
Shares
Freely Transferable |
|
Book-Entry
Form |
|
Reports
to Shareholders |
|
Net
Asset Value (“NAV”) |
|
Indicative
Optimized Portfolio Value (“IOPV”) |
|
Termination
Events |
|
DISTRIBUTIONS |
|
THE
ADMINISTRATOR |
|
THE
CUSTODIAN |
|
THE
TRANSFER AGENT |
|
THE
DISTRIBUTOR |
|
Description
of SEI |
|
THE
SECURITIES DEPOSITORY; BOOK-ENTRY ONLY SYSTEM; GLOBAL
SECURITY |
|
SHARE
SPLITS OR REVERSE SPLITS |
|
CONFLICTS
OF INTEREST |
|
MATERIAL
CONTRACTS |
|
Administration
and Accounting Agreement |
|
Transfer
Agency and Service Agreement |
|
Custody
Agreement |
|
Distribution
Agreement |
|
PURCHASES
BY EMPLOYEE BENEFIT PLANS |
|
General |
|
“Plan
Assets” |
|
Ineligible
Purchasers |
|
Page |
PLAN
OF DISTRIBUTION |
|
Buying
and Selling Shares |
|
Authorized
Participants |
|
Likelihood
of Becoming a Statutory Underwriter |
|
General |
|
LEGAL
MATTERS |
|
EXPERTS |
|
WHERE
INVESTORS CAN FIND MORE INFORMATION |
|
RECENT
FINANCIAL INFORMATION AND ANNUAL REPORTS |
|
PRIVACY
POLICY |
|
The
Trust’s Commitment to Investors |
|
The
Information the Trust Collects About Investors |
|
How
the Trust Handles Investors’ Personal Information |
|
How
the Trust Safeguards Investors’ Personal Information |
|
INCORPORATION
BY REFERENCE OF CERTAIN DOCUMENTS |
|
FUTURES
COMMISSION MERCHANTS |
|
Litigation
and Regulatory Disclosure Relating to FCMs |
|
SWAP
COUNTERPARTIES |
|
Litigation
and Regulatory Disclosure Relating to Swap
Counterparties |
|
APPENDIX
A—GLOSSARY OF DEFINED TERMS |
A-1
|
Fund
Name
|
Index
|
ProShares
VIX Short-Term Futures ETF |
S&P
500®
VIX Short-Term Futures Index |
ProShares
Ultra VIX Short-Term Futures ETF |
S&P
500®
VIX Short-Term Futures Index |
ProShares
Short VIX Short-Term Futures ETF |
S&P
500®
VIX Short-Term Futures Index |
Create/Redeem
Cut-off
|
NAV
Calculation Time
|
2:00
p.m. (Eastern Time) |
4:00
p.m. (Eastern Time) |
Fund
Name
|
Breakeven
Amount
(%
Per Annum of
Average
Daily
NAV)*
|
Assumed
Selling
Price
Per
Share*
|
Breakeven
Amount
($
for the
Assumed
Selling
Price
Per Share)*
|
ProShares
Ultra VIX Short-Term Futures ETF |
0.00% |
$5.00 |
$0.00 |
ProShares
Short VIX Short-Term Futures ETF |
0.00% |
$60.00 |
$0.00 |
ProShares
VIX Short-Term Futures ETF |
0.00% |
$10.00 |
$0.00 |
|
Index
XYZ
|
Fund
XYZ
| ||
Level
|
Daily
Performance
|
Daily
Performance
|
Net
Asset
Value
| |
Start |
100.00 |
|
|
$100.00 |
Day
1 |
97.00 |
-3.00% |
-4.50% |
$95.50 |
Day
2 |
99.91 |
3.00% |
4.50% |
$99.80 |
Day
3 |
96.91 |
-3.00% |
-4.50% |
$95.31 |
Day
4 |
99.82 |
3.00% |
4.50% |
$99.60 |
Day
5 |
96.83 |
-3.00% |
-4.50% |
$95.11 |
Day
6 |
99.73 |
3.00% |
4.50% |
$99.39 |
Day
7 |
96.74 |
-3.00% |
-4.50% |
$94.92 |
Total
Return |
|
-3.26% |
-5.08% |
|
|
Index
XYZ
|
Fund
XYZ
| ||
Level
|
Daily
Performance
|
Daily
Performance
|
Net
Asset
Value
| |
Start |
100.00 |
|
|
$100.00 |
Day
1 |
103.00 |
3.00% |
4.50% |
$104.50 |
Day
2 |
99.91 |
-3.00% |
-4.50% |
$99.80 |
Day
3 |
102.91 |
3.00% |
4.50% |
$104.29 |
Day
4 |
99.82 |
-3.00% |
-4.50% |
$99.60 |
Day
5 |
102.81 |
3.00% |
4.50% |
$104.08 |
Day
6 |
99.73 |
-3.00% |
-4.50% |
$99.39 |
Day
7 |
102.72 |
3.00% |
4.50% |
$103.87 |
Total
Return |
|
2.72% |
3.87% |
|
One
Year
Index
Performance |
One-Half
the
Invers
(-0.5x)
One
Year
Index
Performance
|
Index
Volatility
| |||||||||||||||
0%
|
5%
|
10%
|
15%
|
20%
|
25%
|
30%
|
35%
|
40%
|
45%
|
50%
|
55% |
60%
|
65% |
70%
|
75%
| ||
-60% |
30.0% |
58.1% |
58.0% |
57.5% |
56.8% |
55.8% |
54.5% |
52.9% |
51.0% |
48.9% |
46.6% |
44.0% |
41.2% |
38.1% |
34.9% |
31.6% |
28.0% |
-55% |
27.5% |
49.1% |
48.9% |
48.5% |
47.8% |
46.9% |
45.6% |
44.1% |
42.4% |
40.4% |
38.2% |
35.7% |
33.1% |
30.2% |
27.2% |
24.0% |
20.7% |
-50% |
25.0% |
41.4% |
41.3% |
40.9% |
40.2% |
39.3% |
38.1% |
36.7% |
35.1% |
33.2% |
31.1% |
28.8% |
26.3% |
23.6% |
20.7% |
17.7% |
14.5% |
-45% |
22.5% |
34.8% |
34.7% |
34.3% |
33.7% |
32.8% |
31.7% |
30.4% |
28.8% |
27.0% |
25.0% |
22.8% |
20.4% |
17.8% |
15.1% |
12.2% |
9.2% |
-40% |
20.0% |
29.1% |
29.0% |
28.6% |
28.0% |
27.2% |
26.1% |
24.8% |
23.3% |
21.6% |
19.7% |
17.5% |
15.3% |
12.8% |
10.2% |
7.4% |
4.5% |
-35% |
17.5% |
24.0% |
23.9% |
23.6% |
23.0% |
22.2% |
21.2% |
19.9% |
18.5% |
16.8% |
15.0% |
12.9% |
10.7% |
8.4% |
5.9% |
3.2% |
0.4% |
-30% |
15.0% |
19.5% |
19.4% |
19.1% |
18.5% |
17.7% |
16.8% |
15.6% |
14.2% |
12.6% |
10.8% |
8.8% |
6.7% |
4.4% |
2.0% |
-0.5% |
-3.2% |
-25% |
12.5% |
15.5% |
15.4% |
15.0% |
14.5% |
13.8% |
12.8% |
11.6% |
10.3% |
8.7% |
7.0% |
5.1% |
3.1% |
0.9% |
-1.4% |
-3.9% |
-6.5% |
-20% |
10.0% |
11.8% |
11.7% |
11.4% |
10.9% |
10.1% |
9.2% |
8.1% |
6.8% |
5.3% |
3.6% |
1.8% |
-0.2% |
-2.3% |
-4.6% |
-7.0% |
-9.5% |
-15% |
7.5% |
8.5% |
8.4% |
8.1% |
7.6% |
6.9% |
6.0% |
4.9% |
3.6% |
2.1% |
0.5% |
-1.2% |
-3.2% |
-5.2% |
-7.4% |
-9.7% |
-12.2% |
-10% |
5.0% |
5.4% |
5.3% |
5.0% |
4.5% |
3.8% |
3.0% |
1.9% |
0.7% |
-0.7% |
-2.3% |
-4.0% |
-5.9% |
-7.9% |
-10.0% |
-12.3% |
-14.6% |
-5% |
2.5% |
2.6% |
2.5% |
2.2% |
1.7% |
1.1% |
0.2% |
-0.8% |
-2.0% |
-3.4% |
-4.9% |
-6.6% |
-8.4% |
-10.4% |
-12.4% |
-14.6% |
-16.9% |
0% |
0.0% |
0.0% |
-0.1% |
-0.4% |
-0.8% |
-1.5% |
-2.3% |
-3.3% |
-4.5% |
-5.8% |
-7.3% |
-8.9% |
-10.7% |
-12.6% |
-14.7% |
-16.8% |
-19.0% |
5% |
-2.5% |
-2.4% |
-2.5% |
-2.8% |
-3.2% |
-3.9% |
-4.7% |
-5.6% |
-6.8% |
-8.1% |
-9.5% |
-11.1% |
-12.9% |
-14.7% |
-16.7% |
-18.8% |
-21.0% |
10% |
-5.0% |
-4.7% |
-4.7% |
-5.0% |
-5.5% |
-6.1% |
-6.9% |
-7.8% |
-8.9% |
-10.2% |
-11.6% |
-13.2% |
-14.9% |
-16.7% |
-18.6% |
-20.7% |
-22.8% |
15% |
-7.5% |
-6.7% |
-6.8% |
-7.1% |
-7.5% |
-8.1% |
-8.9% |
-9.8% |
-10.9% |
-12.2% |
-13.6% |
-15.1% |
-16.7% |
-18.5% |
-20.4% |
-22.4% |
-24.5% |
20% |
-10.0% |
-8.7% |
-8.8% |
-9.1% |
-9.5% |
-10.1% |
-10.8% |
-11.7% |
-12.8% |
-14.0% |
-15.4% |
-16.9% |
-18.5% |
-20.2% |
-22.1% |
-24.0% |
-26.1% |
25% |
-12.5% |
-10.6% |
-10.6% |
-10.9% |
-11.3% |
-11.9% |
-12.6% |
-13.5% |
-14.6% |
-15.8% |
-17.1% |
-18.6% |
-20.1% |
-21.9% |
-23.7% |
-25.6% |
-27.6% |
30% |
-15.0% |
-12.3% |
-12.4% |
-12.6% |
-13.0% |
-13.6% |
-14.3% |
-15.2% |
-16.2% |
-17.4% |
-18.7% |
-20.1% |
-21.7% |
-23.4% |
-25.1% |
-27.0% |
-29.0% |
35% |
-17.5% |
-13.9% |
-14.0% |
-14.3% |
-14.7% |
-15.2% |
-15.9% |
-16.8% |
-17.8% |
-18.9% |
-20.2% |
-21.6% |
-23.2% |
-24.8% |
-26.5% |
-28.4% |
-30.3% |
40% |
-20.0% |
-15.5% |
-15.6% |
-15.8% |
-16.2% |
-16.7% |
-17.4% |
-18.3% |
-19.3% |
-20.4% |
-21.7% |
-23.0% |
-24.5% |
-26.2% |
-27.9% |
-29.7% |
-31.6% |
45% |
-22.5% |
-17.0% |
-17.0% |
-17.3% |
-17.7% |
-18.2% |
-18.9% |
-19.7% |
-20.7% |
-21.8% |
-23.0% |
-24.4% |
-25.9% |
-27.4% |
-29.1% |
-30.9% |
-32.7% |
50% |
-25.0% |
-18.4% |
-18.4% |
-18.7% |
-19.0% |
-19.6% |
-20.2% |
-21.1% |
-22.0% |
-23.1% |
-24.3% |
-25.7% |
-27.1% |
-28.7% |
-30.3% |
-32.1% |
-33.9% |
55% |
-27.5% |
-19.7% |
-19.8% |
-20.0% |
-20.4% |
-20.9% |
-21.5% |
-22.3% |
-23.3% |
-24.4% |
-25.6% |
-26.9% |
-28.3% |
-29.8% |
-31.4% |
-33.2% |
-35.0% |
60% |
-30.0% |
-20.9% |
-21.0% |
-21.2% |
-21.6% |
-22.1% |
-22.8% |
-23.6% |
-24.5% |
-25.5% |
-26.7% |
-28.0% |
-29.4% |
-30.9% |
-32.5% |
-34.2% |
-36.0% |
One
Year
Index
Performance
|
One
and
One-Half
Times
(1.5x)
One
Year
Index
Performance
|
Index
Volatility
| |||||||||||||||
0%
|
5%
|
10%
|
15%
|
20%
|
25%
|
30%
|
35%
|
40%
|
45%
|
50%
|
55%
|
60%
|
65%
|
70%
|
75%
| ||
-60% |
-90.0% |
-74.7% |
-74.7% |
-74.8% |
-74.9% |
-75.1% |
-75.3% |
-75.5% |
-75.8% |
-76.2% |
-76.6% |
-77.0% |
-77.4% |
-77.9% |
-78.4% |
-78.9% |
-79.5% |
-55% |
-82.5% |
-69.8% |
-69.8% |
-69.9% |
-70.1% |
-70.3% |
-70.5% |
-70.8% |
-71.2% |
-71.6% |
-72.0% |
-72.5% |
-73.1% |
-73.6% |
-74.2% |
-74.9% |
-75.6% |
-50% |
-75.0% |
-64.6% |
-64.7% |
-64.8% |
-64.9% |
-65.2% |
-65.5% |
-65.8% |
-66.2% |
-66.7% |
-67.2% |
-67.8% |
-68.4% |
-69.1% |
-69.8% |
-70.6% |
-71.4% |
-45% |
-67.5% |
-59.2% |
-59.2% |
-59.4% |
-59.6% |
-59.8% |
-60.2% |
-60.6% |
-61.0% |
-61.6% |
-62.2% |
-62.9% |
-63.6% |
-64.4% |
-65.2% |
-66.1% |
-67.0% |
-40% |
-60.0% |
-53.5% |
-53.6% |
-53.7% |
-53.9% |
-54.2% |
-54.6% |
-55.1% |
-55.6% |
-56.2% |
-56.9% |
-57.7% |
-58.5% |
-59.4% |
-60.3% |
-61.3% |
-62.4% |
-35% |
-52.5% |
-47.6% |
-47.6% |
-47.8% |
-48.0% |
-48.4% |
-48.8% |
-49.3% |
-49.9% |
-50.6% |
-51.4% |
-52.3% |
-53.2% |
-54.2% |
-55.3% |
-56.4% |
-57.6% |
-30% |
-45.0% |
-41.4% |
-41.5% |
-41.7% |
-41.9% |
-42.3% |
-42.8% |
-43.4% |
-44.1% |
-44.8% |
-45.7% |
-46.7% |
-47.7% |
-48.8% |
-50.0% |
-51.3% |
-52.6% |
-25% |
-37.5% |
-35.0% |
-35.1% |
-35.3% |
-35.6% |
-36.0% |
-36.6% |
-37.2% |
-38.0% |
-38.8% |
-39.8% |
-40.9% |
-42.0% |
-43.3% |
-44.6% |
-46.0% |
-47.4% |
-20% |
-30.0% |
-28.4% |
-28.5% |
-28.7% |
-29.0% |
-29.5% |
-30.1% |
-30.8% |
-31.7% |
-32.6% |
-33.7% |
-34.8% |
-36.1% |
-37.5% |
-38.9% |
-40.5% |
-42.1% |
-15% |
-22.5% |
-21.6% |
-21.7% |
-21.9% |
-22.3% |
-22.8% |
-23.4% |
-24.2% |
-25.2% |
-26.2% |
-27.4% |
-28.6% |
-30.0% |
-31.5% |
-33.1% |
-34.8% |
-36.5% |
-10% |
-15.0% |
-14.6% |
-14.7% |
-14.9% |
-15.3% |
-15.9% |
-16.6% |
-17.5% |
-18.5% |
-19.6% |
-20.9% |
-22.3% |
-23.8% |
-25.4% |
-27.1% |
-29.0% |
-30.9% |
-5% |
-7.5% |
-7.4% |
-7.5% |
-7.8% |
-8.2% |
-8.8% |
-9.6% |
-10.5% |
-11.6% |
-12.8% |
-14.2% |
-15.7% |
-17.3% |
-19.1% |
-21.0% |
-22.9% |
-25.0% |
0% |
0.0% |
0.0% |
-0.1% |
-0.4% |
-0.8% |
-1.5% |
-2.3% |
-3.3% |
-4.5% |
-5.8% |
-7.3% |
-8.9% |
-10.7% |
-12.6% |
-14.7% |
-16.8% |
-19.0% |
5% |
7.5% |
7.6% |
7.5% |
7.2% |
6.7% |
6.0% |
5.1% |
4.0% |
2.8% |
1.3% |
-0.3% |
-2.0% |
-3.9% |
-6.0% |
-8.2% |
-10.5% |
-12.9% |
10% |
15.0% |
15.4% |
15.3% |
14.9% |
14.4% |
13.7% |
12.7% |
11.5% |
10.2% |
8.7% |
6.9% |
5.0% |
3.0% |
0.8% |
-1.5% |
-4.0% |
-6.6% |
15% |
22.5% |
23.3% |
23.2% |
22.9% |
22.3% |
21.5% |
20.5% |
19.2% |
17.8% |
16.1% |
14.3% |
12.3% |
10.1% |
7.7% |
5.3% |
2.6% |
-0.1% |
20% |
30.0% |
31.5% |
31.3% |
31.0% |
30.3% |
29.5% |
28.4% |
27.1% |
25.6% |
23.8% |
21.8% |
19.7% |
17.4% |
14.9% |
12.2% |
9.4% |
6.5% |
25% |
37.5% |
39.8% |
39.6% |
39.2% |
38.6% |
37.7% |
36.5% |
35.1% |
33.5% |
31.6% |
29.5% |
27.2% |
24.8% |
22.1% |
19.3% |
16.3% |
13.2% |
30% |
45.0% |
48.2% |
48.1% |
47.7% |
47.0% |
46.0% |
44.8% |
43.3% |
41.6% |
39.6% |
37.4% |
35.0% |
32.3% |
29.5% |
26.5% |
23.3% |
20.0% |
35% |
52.5% |
56.9% |
56.7% |
56.3% |
55.5% |
54.5% |
53.2% |
51.7% |
49.8% |
47.7% |
45.4% |
42.8% |
40.0% |
37.0% |
33.9% |
30.5% |
27.0% |
40% |
60.0% |
65.7% |
65.5% |
65.0% |
64.3% |
63.2% |
61.8% |
60.2% |
58.2% |
56.0% |
53.5% |
50.8% |
47.9% |
44.7% |
41.4% |
37.8% |
34.1% |
45% |
67.5% |
74.6% |
74.4% |
73.9% |
73.1% |
72.0% |
70.6% |
68.8% |
66.8% |
64.4% |
61.8% |
59.0% |
55.9% |
52.6% |
49.0% |
45.3% |
41.4% |
50% |
75.0% |
83.7% |
83.5% |
83.0% |
82.2% |
81.0% |
79.5% |
77.6% |
75.5% |
73.0% |
70.3% |
67.3% |
64.0% |
60.5% |
56.8% |
52.9% |
48.8% |
55% |
82.5% |
93.0% |
92.8% |
92.3% |
91.4% |
90.1% |
88.5% |
86.6% |
84.3% |
81.7% |
78.9% |
75.7% |
72.3% |
68.6% |
64.7% |
60.6% |
56.3% |
60% |
90.0% |
102.4% |
102.2% |
101.6% |
100.7% |
99.4% |
97.7% |
95.7% |
93.3% |
90.6% |
87.6% |
84.3% |
80.7% |
76.8% |
72.7% |
68.4% |
63.9% |
|
Swaps
|
Futures |
Options | |||
|
Low
|
High
|
Low
|
High |
Low
|
High
|
ProShares
Ultra VIX Short-Term Futures ETF |
0% |
25% |
125% |
150% |
|
0% |
ProShares
Short VIX Short-Term Futures ETF |
|
0% |
|
-50% |
|
0% |
ProShares
VIX Short-Term Futures ETF |
|
0% |
|
100% |
|
0% |
Name
of Pool:
|
ProShares
Short VIX Short-Term Futures ETF |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
October
3, 2011 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$14,534,811,124 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$395,149,629 |
Net
Asset Value as of December 31, 2022 |
$339,591,511 |
Net
Asset Value per Share3
as of December 31, 2022 |
$58.71 |
Worst
Monthly Loss:4
|
-89.59%
(February 2018) |
Name
of Pool: |
ProShares
Short VIX Short-Term Futures ETF |
Worst
Peak-to-Valley Loss:5
|
-93.91%
(December 2017-March 2020) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-6.82% |
13.90% |
-4.78% |
-12.91% |
-8.63% |
February |
-89.59% |
6.11% |
-17.55% |
12.24% |
-8.73% |
March |
-6.11% |
2.17% |
-39.79% |
16.42% |
6.35% |
April |
6.43% |
6.59% |
6.11% |
5.70% |
-12.77% |
May |
4.45% |
-10.42% |
4.76% |
4.11% |
5.00% |
June |
-0.86% |
9.13% |
-8.93% |
7.23% |
-3.63% |
July |
8.40% |
2.47% |
7.92% |
-3.42% |
11.31% |
August |
3.03% |
-9.81% |
2.36% |
7.77% |
-1.12% |
September |
3.56% |
7.05% |
1.96% |
-5.92% |
-8.50% |
October |
-18.15% |
7.63% |
-4.62% |
13.03% |
8.90% |
November |
4.39% |
8.89% |
22.61% |
-12.52% |
8.48% |
December |
-16.11% |
3.84% |
0.12% |
14.35% |
2.39% |
Annual |
-91.68% |
54.92% |
-36.89% |
48.68% |
-4.64% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
Ultra VIX Short-Term Futures ETF |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
October
3, 2011 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$31,301,796,869 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$7,780,450,822 |
Net
Asset Value as of December 31, 2022 |
$639,311,015 |
Net
Asset Value per Share3
as of December 31, 2022 |
$6.87 |
Worst
Monthly Loss:4
|
-48.56%
(November 2020) |
Worst
Peak-to-Valley Loss:5
|
-100.00%
(Inception - December 2022) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
10.20% |
-35.48% |
9.33% |
36.42% |
22.67% |
February |
48.44% |
-17.46% |
58.78% |
-34.87% |
15.22% |
March |
12.39% |
-10.08% |
165.90% |
-40.58% |
-22.97% |
April |
-20.67% |
-18.62% |
-27.02% |
-17.77% |
35.85% |
May |
-16.23% |
25.96% |
-22.77% |
-22.08% |
-24.64% |
June |
-2.98% |
-24.06% |
-0.13% |
-22.66% |
5.00% |
July |
-23.74% |
-9.46% |
-24.15% |
2.35% |
-28.94% |
August |
-11.63% |
17.21% |
-9.21% |
-23.68% |
-0.90% |
September |
-11.59% |
-21.26% |
-11.13% |
12.07% |
25.91% |
October |
67.32% |
-23.74% |
7.28% |
-32.63% |
-24.02% |
November |
-16.43% |
-23.67% |
-48.56% |
24.85% |
-23.07% |
December |
59.59% |
-14.19% |
-4.09% |
-39.62% |
-8.74% |
Annual |
57.60% |
-84.44% |
-15.84% |
-88.37% |
-44.64% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
VIX Short-Term Futures ETF |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
January
3, 2011 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$5,701,172,040 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$1,342,776,010 |
Net
Asset Value as of December 31, 2022 |
$266,580,121 |
Net
Asset Value per Share3
as of December 31, 2022 |
$11.40 |
Worst
Monthly Loss:4
|
-35.26%
(November 2020) |
Worst
Peak-to-Valley Loss:5
|
-99.98%
(September 2011 - December
2022) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
5.70% |
-24.67% |
7.12% |
24.81% |
15.71% |
February |
47.34% |
-11.73% |
38.55% |
-23.96% |
12.12% |
March |
9.38% |
-6.13% |
107.86% |
-28.60% |
-15.30% |
April |
-13.62% |
-12.54% |
-17.16% |
-11.87% |
24.54% |
May |
-10.45% |
18.61% |
-14.30% |
-13.59% |
-15.49% |
June |
-1.11% |
-16.49% |
3.69% |
-15.18% |
4.25% |
July |
-16.10% |
-5.94% |
-16.22% |
2.81% |
-20.12% |
August |
-7.34% |
13.97% |
-5.91% |
-15.95% |
0.11% |
September |
-7.58% |
-14.19% |
-6.72% |
8.99% |
17.32% |
October |
42.86% |
-15.80% |
5.88% |
-22.88% |
-16.41% |
November |
-10.42% |
-16.26% |
-35.26% |
19.08% |
-15.68% |
December |
37.96% |
-9.11% |
-2.25% |
-27.39% |
-5.46% |
Annual |
65.26% |
-68.12% |
11.87% |
-72.51% |
-24.60% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Ticker |
Fund |
Split
Ratio |
YCS |
ProShares
UltraShort Yen
|
2:1 |
UCO |
ProShares
Ultra Bloomberg Crude Oil |
4:1 |
Ticker |
Fund |
Split
Ratio |
Old
Cusip |
New
Cusip |
KOLD |
ProShares
UltraShort Bloomberg Natural Gas |
1:4 |
74347Y821 |
74347Y813 |
SCO |
ProShares
UltraShort Bloomberg Crude Oil |
1:5 |
74347Y862 |
74347Y797 |
|
ProShares
Ultra
Bloomberg
Crude
Oil |
ProShares
UltraShort
Yen |
ProShares
UltraShort
Bloomberg
Natural
Gas |
ProShares
UltraShort
Bloomberg
Crude
Oil |
Shares
outstanding, at December 31, 2021 |
51,243,096
|
598,580
|
978,742 |
1,776,760 |
Shares
outstanding, at December 31, 2020 |
99,243,096
|
698,580
|
26,242 |
416,994 |
|
Net
asset
value,
beginning
of
period |
Net
investment
income
(loss) |
Net
realized
and
unrealized
gain
(loss) |
Change
in
net
asset
value
from
operations |
Net
asset
value,
end
of
period |
Market
value
per
share,
end
of
period |
ProShares
UltraShort Yen |
|
|
|
|
|
|
For
the Year Ended December 31, 2021 |
33.91
|
(0.34) |
7.93
|
7.59
|
41.50
|
41.50
|
For
the Year Ended December 31, 2020 |
38.19
|
(0.17) |
(4.11) |
(4.28) |
33.91
|
33.91
|
For
the Year Ended December 31, 2019 |
36.94
|
0.44
|
0.81
|
1.25
|
38.19
|
38.18
|
ProShares
Ultra Bloomberg Crude Oil |
|
|
|
|
|
|
For
the Year Ended December 31, 2021 |
9.10
|
(0.18) |
12.62
|
12.44
|
21.54
|
21.70
|
For
the Year Ended December 31, 2020 |
127.31
|
(0.09) |
(118.12) |
(118.21) |
9.10
|
9.07
|
For
the Year Ended December 31, 2019 |
81.62
|
1.18
|
44.51
|
45.69
|
127.31
|
127.88
|
ProShares
UltraShort Bloomberg Natural Gas |
|
|
|
|
|
|
For
the Year Ended December 31, 2021 |
951.82
|
(3.93) |
(700.49) |
(704.42) |
247.40
|
242.20
|
For
the Year Ended December 31, 2020 |
770.57
|
(13.60) |
194.85
|
181.25
|
951.82
|
947.60
|
For
the Year Ended December 31, 2019 |
432.22
|
1.68
|
336.67
|
338.35
|
770.57
|
776.40
|
ProShares
UltraShort Bloomberg Crude Oil |
|
|
|
|
|
|
For
the Year Ended December 31, 2021 |
232.23
|
(1.13) |
(166.84) |
(167.97) |
64.26
|
63.75
|
For
the Year Ended December 31, 2020 |
243.84
|
(5.13) |
(6.48) |
(11.61) |
232.23
|
232.80
|
For
the Year Ended December 31, 2019 |
595.73
|
2.87
|
(354.76) |
(351.89) |
243.84
|
243.00
|
Expenses(1)
|
Dollar
Amount and Percentage of
Expenses
per Fund
| |
|
ProShares
Ultra VIX Short-Term Futures
ETF | |
Selling
price per share |
$5.00 |
|
Management
fee(2)
|
$0.05 |
0.95% |
Brokerage
commissions and fees |
$0.03 |
0.62% |
Variable
create/redeem fees(3)
|
$(0.02) |
(0.44)% |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$0.06 |
1.13% |
Interest
income(4)
|
$(0.08) |
(1.54)% |
Expenses(1) |
Dollar
Amount and Percentage of
Expenses
per Fund | |
|
ProShares
Ultra VIX Short-Term Futures
ETF | |
Amount
of trading income required for the NAV at the end of one year to equal the
initial
selling
price per share (12-Month breakeven)(5)
|
$0.00 |
0.00% |
Expenses(1)
|
Dollar
Amount and Percentage of
Expenses
per Fund
| |
|
ProShares
Short VIX Short-Term Futures
ETF | |
Selling
price per share |
$60.00 |
|
Management
fee(2)
|
$0.57 |
0.95% |
Brokerage
commissions and fees |
$0.17 |
0.28% |
Variable
create/redeem fees(3)
|
$(0.03) |
(0.05)% |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$0.71 |
1.18% |
Interest
income(4)
|
$(1.33) |
(2.22)% |
Amount
of trading income required for the NAV at the end of one year to equal the
initial
selling
price per share (12-Month breakeven)(5)
|
$0.00 |
0.00% |
Expenses(1)
|
Dollar
Amount and Percentage of
Expenses
per Fund
| |
|
ProShares
VIX Short-Term Futures ETF | |
Selling
price per share |
$10.00 |
|
Management
fee(2)
|
$0.09 |
0.85% |
Brokerage
commissions and fees |
$0.03 |
0.31% |
Variable
create/redeem fees(3,
6)
|
$(0.02) |
(0.16)% |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$0.10 |
1.00% |
Interest
income(4)
|
$(0.24) |
(2.42)% |
Amount
of trading income required for the NAV at the end of one year to equal the
initial
selling
price per share (12-Month breakeven)(5)
|
$0.00 |
0.00% |
Name
of Pool:
|
ProShares
Ultra Bloomberg Crude Oil†
|
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
November
24, 2008 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$17,134,096,900 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$297,169,139 |
Net
Asset Value as of December 31, 2022 |
$859,088,066 |
Net
Asset Value per Share3
as of December 31, 2022 |
$30.26 |
Worst
Monthly Loss:4
|
-85.06%
(March 2020) |
Worst
Peak-to-Valley Loss:5
|
-99.94%
(Inception -April 2020) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
14.44% |
37.17% |
-28.51% |
11.58% |
29.71% |
February |
-8.64% |
10.52% |
-26.25% |
35.90% |
15.54% |
March |
11.06% |
8.71% |
-85.06% |
-4.74% |
17.60% |
April |
11.67% |
12.78% |
-63.40% |
14.07% |
6.28% |
May |
-4.72% |
-30.81% |
70.27% |
8.69% |
16.97% |
June |
17.42% |
16.85% |
14.42% |
20.06% |
-11.74% |
July |
-10.52% |
-0.54% |
5.91% |
2.83% |
-5.38% |
August |
4.71% |
-12.95% |
9.49% |
-10.33% |
-12.54% |
September |
11.19% |
-5.39% |
-13.36% |
17.09% |
-23.91% |
October |
-20.14% |
0.73% |
-20.52% |
14.45% |
19.63% |
November |
-40.66% |
2.59% |
42.35% |
-29.81% |
-2.00% |
December |
-22.95% |
22.63% |
11.90% |
26.99% |
-1.59% |
Annual |
-44.82% |
55.99% |
-92.86% |
136.82% |
40.46% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
Ultra Bloomberg Natural Gas |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
October
4, 2011 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$4,523,848,247 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$1,001,685,031 |
Net
Asset Value as of December 31, 2022 |
$586,148,441 |
Net
Asset Value per Share3
as of December 31, 2022 |
$18.15 |
Worst
Monthly Loss:4
|
-60.90%
(June 2022) |
Worst
Peak-to-Valley Loss:5
|
-99.95%
(Inception -December 2022) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
4.81% |
-5.56% |
-27.78% |
1.46% |
80.27% |
February |
-21.65% |
-4.00% |
-20.88% |
17.14% |
-23.08% |
March |
2.50% |
-11.33% |
-12.94% |
-14.61% |
58.38% |
April |
-1.95% |
-10.47% |
23.44% |
14.28% |
55.69% |
May |
10.78% |
-12.61% |
-29.43% |
-0.05% |
15.80% |
June |
-1.88% |
-12.90% |
-22.20% |
45.17% |
-60.90% |
July |
-8.21% |
-5.36% |
-1.64% |
15.63% |
118.70% |
August |
8.41% |
-1.50% |
68.97% |
21.17% |
18.71% |
September |
4.13% |
-0.33% |
-26.98% |
68.64% |
-48.19% |
October |
12.17% |
3.06% |
23.90% |
-22.92% |
-20.98% |
November |
75.57% |
-31.78% |
-32.50% |
-36.01% |
3.89% |
December |
-57.68% |
-7.22% |
-26.94% |
-37.91% |
-58.46% |
Annual |
-22.53% |
-66.80% |
-75.00% |
21.77% |
-28.95% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
Ultra Euro |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
November
24, 2008 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$110,676,338 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$12,728,654 |
Net
Asset Value as of December 31, 2022 |
$10,704,630 |
Net
Asset Value per Share3
as of December 31, 2022 |
$11.27 |
Worst
Monthly Loss:4
|
-9.30%
(April 2022) |
Worst
Peak-to-Valley Loss:5
|
-71.15%
(November 2009 -September
2022) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
6.66% |
-0.67% |
-2.57% |
-1.54% |
-2.72% |
February |
-3.83% |
-1.60% |
-1.27% |
-1.30% |
-0.56% |
March |
1.16% |
-3.14% |
-0.73% |
-5.86% |
-3.12% |
April |
-4.05% |
-0.41% |
-1.62% |
4.86% |
-9.30% |
May |
-6.67% |
-1.20% |
2.37% |
2.68% |
3.17% |
June |
-0.72% |
3.18% |
2.26% |
-5.64% |
-5.15% |
Rate
of Return:6 |
2018 |
2019 |
2020 |
2021 |
2022 |
July |
-0.11% |
-5.64% |
9.61% |
-0.15% |
-5.22% |
August |
-1.93% |
-1.86% |
2.39% |
-1.13% |
-3.74% |
September |
-0.35% |
-1.97% |
-3.67% |
-3.96% |
-5.38% |
October |
-5.20% |
4.25% |
-1.55% |
-0.59% |
1.19% |
November |
-0.54% |
-2.69% |
4.68% |
-3.96% |
10.49% |
December |
1.90% |
3.22% |
4.52% |
0.27% |
5.36% |
Annual |
-13.48% |
-8.64% |
14.54% |
-15.64% |
-15.42% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
Ultra Gold |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
December
1, 2008 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$1,085,554,890 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$187,637,213 |
Net
Asset Value as of December 31, 2022 |
$173,523,789 |
Net
Asset Value per Share3
as of December 31, 2022 |
$55.09 |
Worst
Monthly Loss:4
|
-13.92%
(June 2021) |
Worst
Peak-to-Valley Loss:5
|
-70.62%
(August 2011 -September 2018) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
8.07% |
5.88% |
7.74% |
-5.54% |
-4.05% |
February |
-4.34% |
-1.41% |
-3.01% |
-13.04% |
11.71% |
March |
0.49% |
-3.69% |
1.93% |
-2.14% |
4.75% |
April |
-2.03% |
-1.98% |
11.92% |
5.95% |
-4.50% |
May |
-1.61% |
3.03% |
5.16% |
15.64% |
-7.49% |
June |
-8.63% |
16.14% |
5.31% |
-13.92% |
-4.60% |
July |
-5.06% |
1.59% |
17.50% |
4.56% |
-5.15% |
August |
-3.42% |
12.99% |
-1.41% |
-0.23% |
-6.24% |
September |
-2.90% |
-7.40% |
-8.52% |
-6.90% |
-6.30% |
October |
4.15% |
5.73% |
-1.89% |
2.87% |
-3.83% |
November |
-0.01% |
-6.44% |
-11.42% |
-1.36% |
13.10% |
December |
9.73% |
6.92% |
12.92% |
5.72% |
7.58% |
Annual |
-6.90% |
32.56% |
37.32% |
-11.67% |
-7.71% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
Ultra Silver |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
December
1, 2008 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$3,997,024,782 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$1,421,106,684 |
Net
Asset Value as of December 31, 2022 |
$414,284,065 |
Net
Asset Value per Share3
as of December 31, 2022 |
$31.75 |
Name
of Pool: |
ProShares
Ultra Silver |
Worst
Monthly Loss:4
|
-34.13%
(September 2020) |
Worst
Peak-to-Valley Loss:5
|
-97.51%
(April 2011 - March 2020) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
3.85% |
6.81% |
0.67% |
1.86% |
-8.97% |
February |
-9.39% |
-6.68% |
-18.09% |
-6.37% |
17.38% |
March |
-2.37% |
-6.79% |
-29.61% |
-14.52% |
4.98% |
April |
0.65% |
-2.92% |
7.86% |
10.41% |
-16.65% |
May |
1.56% |
-5.62% |
51.00% |
16.47% |
-12.28% |
June |
-6.78% |
9.58% |
-1.37% |
-13.54% |
-13.18% |
July |
-7.87% |
14.13% |
65.32% |
-5.39% |
-2.60% |
August |
-10.29% |
22.48% |
31.26% |
-12.73% |
-23.24% |
September |
-5.18% |
-15.15% |
-34.13% |
-16.45% |
12.39% |
October |
-0.15% |
12.79% |
0.07% |
17.43% |
-0.55% |
November |
-2.05% |
-12.10% |
-11.20% |
-10.20% |
26.88% |
December |
17.23% |
9.49% |
35.08% |
4.18% |
20.71% |
Annual |
-21.34% |
20.10% |
59.97% |
-31.31% |
-8.86% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
Ultra Yen |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
November
24, 2008 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$46,412,017 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$15,830,900 |
Net
Asset Value as of December 31, 2022 |
$13,814,768 |
Net
Asset Value per Share3
as of December 31, 2022 |
$34.54 |
Worst
Monthly Loss:4
|
-12.23%
(April 2022) |
Worst
Peak-to-Valley Loss:5
|
-81.58%
(August 2011 - October 2022) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
6.19% |
0.85% |
0.25% |
-2.98% |
-0.16% |
February |
4.26% |
-4.85% |
0.79% |
-3.57% |
0.19% |
March |
0.02% |
0.80% |
-0.34% |
-7.49% |
-11.05% |
April |
-5.66% |
-1.55% |
-0.04% |
2.47% |
-12.23% |
May |
0.56% |
5.34% |
-1.07% |
-1.09% |
1.31% |
June |
-3.90% |
0.67% |
-0.47% |
-2.37% |
-10.37% |
July |
-2.31% |
-2.22% |
3.83% |
2.38% |
3.14% |
August |
0.83% |
4.35% |
-0.25% |
-0.68% |
-8.34% |
September |
-4.75% |
-3.74% |
0.69% |
-2.44% |
-8.40% |
October |
0.98% |
-0.15% |
1.31% |
-4.76% |
-5.79% |
November |
-1.54% |
-2.93% |
0.39% |
1.49% |
15.17% |
December |
6.54% |
0.94% |
1.97% |
-3.76% |
9.64% |
Annual |
0.35% |
-2.96% |
7.17% |
-20.97% |
-26.96% |
Rate
of Return:6 |
2018 |
2019 |
2020 |
2021 |
2022 |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
UltraShort Bloomberg Crude Oil†
|
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
November
24, 2008 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$8,356,752,875 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$302,524,250 |
Net
Asset Value as of December 31, 2022 |
$222,698,256 |
Net
Asset Value per Share3
as of December 31, 2022 |
$23.93 |
Worst
Monthly Loss:4
|
-50.78%
(May 2020) |
Worst
Peak-to-Valley Loss:5
|
-98.95%
(February 2009 - May 2022) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-13.38% |
-29.89% |
36.14% |
-11.92% |
-24.31% |
February |
7.43% |
-11.14% |
30.49% |
-28.34% |
-15.37% |
March |
-11.79% |
-9.00% |
126.55% |
-1.78% |
-29.09% |
April |
-12.16% |
-12.55% |
-5.34% |
-14.89% |
-10.38% |
May |
2.56% |
38.83% |
-50.78% |
-10.32% |
-18.68% |
June |
-16.97% |
-17.80% |
-19.95% |
-17.59% |
8.32% |
July |
9.02% |
-2.51% |
-7.74% |
-6.87% |
-3.03% |
August |
-6.01% |
6.76% |
-9.90% |
6.81% |
8.81% |
September |
-11.15% |
-6.54% |
9.25% |
-16.01% |
24.81% |
October |
21.99% |
-2.22% |
18.70% |
-13.75% |
-19.08% |
November |
56.22% |
-5.59% |
-33.10% |
29.46% |
-1.43% |
December |
15.00% |
-19.44% |
-12.00% |
-23.93% |
-1.13% |
Annual |
22.52% |
-59.07% |
-4.76% |
-72.33% |
-62.76% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
UltraShort Bloomberg Natural Gas |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
October
4, 2011 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$3,792,831,683 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$173,707,374 |
Net
Asset Value as of December 31, 2022 |
$134,107,133 |
Net
Asset Value per Share3
as of December 31, 2022 |
$27.00 |
Worst
Monthly Loss:4
|
-65.92%
(July 2022) |
Worst
Peak-to-Valley Loss:5
|
-99.34%
(February 2016 - August 2022) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-9.49% |
-7.09% |
34.40% |
-7.11% |
-53.24% |
February |
24.33% |
1.36% |
20.18% |
-21.75% |
-0.39% |
Rate
of Return:6 |
2018 |
2019 |
2020 |
2021 |
2022 |
March |
-3.50% |
11.30% |
1.86% |
13.10% |
-43.80% |
April |
0.55% |
10.26% |
-28.73% |
-15.02% |
-45.79% |
May |
-11.06% |
11.49% |
26.90% |
-2.17% |
-30.15% |
June |
0.64% |
10.46% |
17.25% |
-33.75% |
74.12% |
July |
7.99% |
0.50% |
-8.93% |
-16.32% |
-65.92% |
August |
-8.74% |
-1.67% |
-49.67% |
-21.57% |
-26.57% |
September |
-6.38% |
-3.19% |
24.38% |
-50.38% |
62.40% |
October |
-13.86% |
-5.90% |
-23.92% |
5.01% |
6.87% |
November |
-63.45% |
35.41% |
36.88% |
23.56% |
-23.62% |
December |
92.78% |
2.78% |
19.29% |
35.84% |
90.52% |
Annual |
-45.27% |
78.32% |
23.56% |
-74.01% |
-89.09% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
UltraShort Euro |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
November
24, 2008 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$2,850,087,998 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$(107,981,919) |
Net
Asset Value as of December 31, 2022 |
$75,112,997 |
Net
Asset Value per Share3
as of December 31, 2022 |
$29.46 |
Worst
Monthly Loss:4
|
-9.76%
(November 2022) |
Worst
Peak-to-Valley Loss:5
|
-26.84%
(November 2015 - January
2018) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-6.44% |
0.67% |
2.68% |
1.29% |
2.44% |
February |
3.78% |
1.72% |
1.25% |
1.05% |
0.73% |
March |
-1.30% |
3.28% |
-0.19% |
5.85% |
2.53% |
April |
4.20% |
0.55% |
1.29% |
-4.91% |
9.90% |
May |
7.00% |
1.39% |
-2.62% |
-2.90% |
-3.55% |
June |
0.53% |
-3.00% |
-2.52% |
5.65% |
4.95% |
July |
0.11% |
6.04% |
-9.10% |
-0.09% |
5.12% |
August |
1.84% |
1.96% |
-2.62% |
0.91% |
3.65% |
September |
0.31% |
2.09% |
3.51% |
3.89% |
5.17% |
October |
5.54% |
-3.98% |
1.27% |
0.35% |
-1.56% |
November |
0.51% |
2.79% |
-4.72% |
3.85% |
-9.76% |
December |
-1.82% |
-3.11% |
-4.65% |
-0.59% |
-4.87% |
Annual |
14.41% |
10.39% |
-15.89% |
14.68% |
14.00% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
UltraShort Gold |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
December
1, 2008 |
Name
of Pool: |
ProShares
UltraShort Gold |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$1,062,936,628 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$101,607,511 |
Net
Asset Value as of December 31, 2022 |
$15,456,066 |
Net
Asset Value per Share3
as of December 31, 2022 |
$31.10 |
Worst
Monthly Loss:4
|
-15.62%
(July 2020) |
Worst
Peak-to-Valley Loss:5
|
-94.55%
(Inception - March 2022) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-7.80% |
-5.65% |
-7.46% |
4.16% |
3.20% |
February |
4.22% |
1.21% |
1.68% |
13.47% |
-11.09% |
March |
-0.85% |
3.49% |
-7.76% |
1.20% |
-6.29% |
April |
1.81% |
1.87% |
-12.77% |
-6.19% |
3.93% |
May |
1.31% |
-3.14% |
-5.94% |
-14.14% |
7.14% |
June |
9.25% |
-14.44% |
-6.07% |
14.49% |
4.05% |
July |
5.18% |
-1.85% |
-15.62% |
-4.85% |
4.65% |
August |
3.26% |
-12.09% |
-1.03% |
-0.81% |
6.16% |
September |
2.74% |
7.21% |
8.19% |
6.32% |
6.00% |
October |
-4.40% |
-5.71% |
1.08% |
-3.42% |
3.21% |
November |
-0.23% |
6.48% |
10.58% |
0.43% |
-12.18% |
December |
-8.98% |
-6.65% |
-12.24% |
-6.02% |
-7.78% |
Annual |
3.98% |
-27.67% |
-40.72% |
0.89% |
-1.92% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
UltraShort Silver |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
December
1, 2008 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$2,808,811,489 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$268,112,800 |
Net
Asset Value as of December 31, 2022 |
$31,932,754 |
Net
Asset Value per Share3
as of December 31, 2022 |
$19.46 |
Worst
Monthly Loss:4
|
-44.81%
(July 2020) |
Worst
Peak-to-Valley Loss:5
|
-99.81%
(Inception - December 2022) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-4.21% |
-6.80% |
-2.04% |
-8.22% |
5.89% |
February |
9.56% |
6.50% |
17.73% |
-3.80% |
-16.23% |
March |
1.93% |
6.31% |
18.38% |
14.06% |
-9.60% |
April |
-1.41% |
2.60% |
-14.00% |
-10.92% |
17.53% |
May |
-2.14% |
5.22% |
-36.62% |
-16.28% |
11.49% |
June |
6.22% |
-9.65% |
-1.45% |
12.25% |
12.88% |
July |
7.90% |
-13.11% |
-44.81% |
3.70% |
-1.76% |
August |
10.68% |
-19.88% |
-35.87% |
11.59% |
27.10% |
September |
4.91% |
12.25% |
39.57% |
15.59% |
-14.08% |
Rate
of Return:6 |
2018 |
2019 |
2020 |
2021 |
2022 |
October |
-0.59% |
-11.99% |
-4.55% |
-16.31% |
-5.29% |
November |
1.20% |
12.60% |
6.08% |
8.80% |
-24.15% |
December |
-15.29% |
-9.59% |
-29.38% |
-5.97% |
-20.49% |
Annual |
17.05% |
-27.94% |
-74.10% |
-3.45% |
-27.32% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
UltraShort Yen |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
November
24, 2008 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$2,040,850,347 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$(185,561,443) |
Net
Asset Value as of December 31, 2022 |
$21,397,628 |
Net
Asset Value per Share3
as of December 31, 2022 |
$53.68 |
Worst
Monthly Loss:4
|
-13.74%
(November 2022) |
Worst
Peak-to-Valley Loss:5
|
-29.29%
(May 2015 - March 2018) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-6.02% |
-0.88% |
-0.28% |
2.82% |
-0.14% |
February |
-4.36% |
5.17% |
-1.06% |
3.41% |
0.07% |
March |
-0.23% |
-0.72% |
-1.68% |
7.79% |
11.81% |
April |
5.87% |
1.61% |
-0.28% |
-2.65% |
13.24% |
May |
-0.69% |
-5.00% |
0.83% |
0.85% |
-1.75% |
June |
4.01% |
-0.51% |
0.14% |
2.17% |
10.66% |
July |
2.31% |
2.30% |
-3.99% |
-2.63% |
-3.38% |
August |
-0.85% |
-4.33% |
-0.07% |
0.44% |
8.51% |
September |
4.94% |
3.96% |
-0.88% |
2.22% |
8.68% |
October |
-0.96% |
0.18% |
-1.53% |
4.69% |
5.84% |
November |
1.65% |
2.94% |
-0.78% |
-1.85% |
-13.74% |
December |
-6.16% |
-0.89% |
-2.14% |
3.63% |
-9.64% |
Annual |
-1.39% |
3.36% |
-11.19% |
22.38% |
29.35% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool:
|
ProShares
VIX Mid-Term Futures ETF |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
January
3, 2011 |
Aggregate
Gross Capital Subscriptions1
as of December 31, 2022 |
$898,333,584 |
Aggregate
Net Capital Subscriptions2
as of December 31, 2022 |
$242,702,048 |
Net
Asset Value as of December 31, 2022 |
$84,013,967 |
Net
Asset Value per Share3
as of December 31, 2022 |
$30.41 |
Worst
Monthly Loss:4
|
-15.88%
(March 2021) |
Worst
Peak-to-Valley Loss:5
|
-94.26%
(September 2011 - September
2018) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-0.14% |
-11.93% |
-0.69% |
16.15% |
-0.20% |
February |
16.38% |
-8.36% |
10.48% |
-3.19% |
5.07% |
March |
7.55% |
0.62% |
65.97% |
-15.88% |
-1.89% |
April |
-7.00% |
-2.16% |
1.44% |
-1.82% |
11.47% |
May |
-6.44% |
8.04% |
-0.13% |
-5.78% |
-2.26% |
June |
-0.53% |
-6.37% |
2.98% |
-5.06% |
3.04% |
July |
-6.61% |
1.09% |
-1.80% |
3.86% |
-7.77% |
August |
-1.45% |
9.33% |
1.33% |
-3.71% |
2.42% |
September |
-2.95% |
-0.75% |
1.96% |
5.61% |
6.30% |
October |
21.33% |
-3.45% |
1.64% |
-5.88% |
-6.69% |
November |
-5.13% |
-2.19% |
-13.82% |
8.51% |
-6.73% |
December |
12.55% |
-4.16% |
2.28% |
-6.96% |
-1.57% |
Annual |
25.17% |
-20.21% |
72.71% |
-16.63% |
-0.65% |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
Name
of Pool: |
ProShares
UltraPro 3x Crude Oil ETFa
|
Type
of Pool: |
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading: |
March
24, 2017 |
Aggregate
Gross Capital Subscriptions1
as of April 3, 2020 |
$891,992,538 |
Aggregate
Net Capital Subscriptions2
as of April 3, 2020 |
$376,396,221 |
Net
Asset Value as of April 3, 2020 |
$— |
Net
Asset Value per Share3
as of April 3, 2020 |
$— |
Worst
Monthly Loss:4
|
-97.33%
(March 2020) |
Worst
Peak-to-Valley Loss:5
|
-99.67%
(September 2018—March 2020) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
21.88% |
58.31% |
-40.24% |
N/A |
N/A |
February |
-13.37% |
15.30% |
-37.70% |
N/A |
N/A |
Marchb
|
16.04% |
12.85% |
-97.33% |
N/A |
N/A |
April |
17.06% |
19.04% |
N/A |
N/A |
N/A |
May |
-7.95% |
-43.50% |
N/A |
N/A |
N/A |
June |
25.86% |
24.34% |
N/A |
N/A |
N/A |
July |
-16.39% |
-2.06% |
N/A |
N/A |
N/A |
August |
6.39% |
-21.33% |
N/A |
N/A |
N/A |
September |
16.64% |
-11.23% |
N/A |
N/A |
N/A |
October |
-29.41% |
0.44% |
N/A |
N/A |
N/A |
November |
-55.93% |
2.64% |
N/A |
N/A |
N/A |
December |
-35.43% |
35.12% |
N/A |
N/A |
N/A |
Annual |
-65.37% |
64.10% |
N/A |
N/A |
N/A |
Year-to-Date |
N/A |
N/A |
-99.01% |
N/A |
N/A |
Name
of Pool: |
ProShares
UltraPro 3x Short Crude Oil ETFa
|
Type
of Pool: |
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading: |
March
24, 2017 |
Aggregate
Gross Capital Subscriptions1
as of April 13, 2020 |
$464,876,088 |
Aggregate
Net Capital Subscriptions2
as of April 13, 2020 |
$(81,065,469) |
Net
Asset Value as of April 13, 2020 |
$— |
Net
Asset Value per Share3
as of April 13, 2020 |
$— |
Worst
Monthly Loss:4
|
-42.29%
(January 2019) |
Worst
Peak-to-Valley Loss:5
|
-89.93%
(June 2017—December 2019) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-19.72% |
-42.29% |
57.34% |
N/A |
N/A |
February |
10.44% |
-16.88% |
47.11% |
N/A |
N/A |
Marchb
|
-17.91% |
-13.66% |
84.56% |
N/A |
N/A |
April |
-18.40% |
-18.72% |
N/A |
N/A |
N/A |
May |
2.79% |
61.35% |
N/A |
N/A |
N/A |
June |
-25.26% |
-26.77% |
N/A |
N/A |
N/A |
July |
12.74% |
-4.90% |
N/A |
N/A |
N/A |
August |
-9.50% |
7.38% |
N/A |
N/A |
N/A |
September |
-16.69% |
-15.78% |
N/A |
N/A |
N/A |
October |
33.47% |
-3.92% |
N/A |
N/A |
N/A |
November |
90.61% |
-9.40% |
N/A |
N/A |
N/A |
December |
19.22% |
-28.09% |
N/A |
N/A |
N/A |
Annual |
17.63% |
-78.59% |
N/A |
N/A |
N/A |
Year-to-Date |
N/A |
N/A |
327.18% |
N/A |
N/A |
Name
of Pool: |
ProShares
UltraShort Australian Dollara
|
Type
of Pool: |
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading: |
July
17, 2012 |
Aggregate
Gross Capital Subscriptions1
as of May 12, 2022 |
$42,781,314 |
Aggregate
Net Capital Subscriptions2
as of May 12, 2022 |
$(4,851,156) |
Net
Asset Value as of May 12, 2022 |
$— |
Net
Asset Value per Share3
as of May 12, 2022 |
$— |
Worst
Monthly Loss:4
|
-11.53%
(April 2020) |
Worst
Peak-to-Valley Loss:5
|
-39.35%
(March 2020 - May 2021) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-6.36% |
-6.11% |
10.07% |
1.52% |
5.32% |
February |
7.45% |
4.98% |
5.53% |
-1.72% |
-5.24% |
March |
2.05% |
-0.17% |
10.40% |
2.31% |
-6.16% |
April |
4.04% |
1.45% |
-11.53% |
-3.04% |
11.85% |
May |
-1.11% |
3.46% |
-4.79% |
-0.29% |
0.28% |
June |
4.28% |
-2.34% |
-7.42% |
5.34% |
N/A |
Rate
of Return:6 |
2018 |
2019 |
2020 |
2021 |
2022 |
July |
-0.93% |
5.47% |
-7.02% |
4.21% |
N/A |
August |
6.65% |
3.35% |
-6.34% |
0.35% |
N/A |
September |
-1.25% |
-0.36% |
5.75% |
2.18% |
N/A |
October |
4.19% |
-3.94% |
3.47% |
-7.83% |
N/A |
November |
-6.29% |
3.98% |
-8.54% |
11.15% |
N/A |
December |
7.54% |
-7.07% |
-9.58% |
-4.03% |
N/A |
Annual |
20.68% |
1.68% |
-21.18% |
9.22% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
5.04% |
Name
of Pool: |
ProShares
Short Euroa
|
Type
of Pool: |
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading: |
June
26, 2012 |
Aggregate
Gross Capital Subscriptions1
as of May 12, 2022 |
$61,818,137 |
Aggregate
Net Capital Subscriptions2
as of May 12, 2022 |
$(3,472,691) |
Net
Asset Value as of May 12, 2022 |
$— |
Net
Asset Value per Share3
as of May 12, 2022 |
$— |
Worst
Monthly Loss:4
|
-4.67%
(July 2020) |
Worst
Peak-to-Valley Loss:5
|
-14.14%
(December 2016 -January 2018) |
Rate
of Return:6
|
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-3.26% |
0.43% |
1.40% |
0.66% |
1.23% |
February |
1.88% |
0.96% |
0.66% |
0.55% |
0.37% |
March |
-0.63% |
1.70% |
-0.08% |
2.89% |
1.28% |
April |
2.08% |
0.36% |
0.73% |
-2.50% |
4.85% |
May |
3.52% |
0.77% |
-1.39% |
-1.42% |
0.39% |
June |
0.31% |
-1.47% |
-1.21% |
2.74% |
N/A |
July |
0.11% |
3.06% |
-4.67% |
-0.05% |
N/A |
August |
0.99% |
1.05% |
-1.38% |
0.46% |
N/A |
September |
0.20% |
1.16% |
1.78% |
1.91% |
N/A |
October |
2.81% |
-1.89% |
0.64% |
0.18% |
N/A |
November |
0.36% |
1.45% |
-2.38% |
1.93% |
N/A |
December |
-0.85% |
-1.57% |
-2.41% |
-0.28% |
N/A |
Annual |
7.58% |
6.05% |
-8.17% |
7.15% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
8.32% |
Name |
Position |
Michael
L. Sapir |
Chief
Executive Officer and Principal of the Sponsor |
Louis
M. Mayberg |
Principal
of the Sponsor |
William
E. Seale |
Principal
of the Sponsor |
Sapir
Family Trust |
Principal
of the Sponsor |
Northstar
Trust |
Principal
of the Sponsor |
Annette
Lege |
Chief
Financial Officer and Principal of the Sponsor |
Edward
J. Karpowicz |
Principal
Financial Officer of the Trust and Principal of the
Sponsor |
Todd
B. Johnson* |
Principal
Executive Officer of the Trust and Chief Investment Officer
and
Principal of the Sponsor |
Hratch
Najarian |
Director,
Portfolio Management and Principal of the Sponsor |
Alexander
Ilyasov |
Senior
Portfolio Manager of the Sponsor |
James
Linneman |
Portfolio
Manager and Principal of the Sponsor |
George
Banian |
Portfolio
Manager of the Sponsor |
Name |
Position |
Victor
M. Frye |
Principal
of the Sponsor |
Fund |
NAV
Calculation Time |
ProShares
Ultra VIX Short-Term Futures ETF |
4:00p.m.
(Eastern Time) |
ProShares
Short VIX Short-Term Futures ETF |
4:00p.m.
(Eastern Time) |
ProShares
VIX Short-Term Futures ETF |
4:00p.m.
(Eastern Time) |
1933
Act |
Securities
Act of 1933, as amended |
1934
Act |
Securities
Exchange Act of 1934, as amended |
1940
Act |
Investment
Company Act of 1940, as amended |
Administrator |
The
Bank of New York Mellon, as administrator for the
Funds |
Advisers
Act |
The
Investment Advisers Act of 1940 |
Authorized
Participant |
Those
who may purchase (i.e.,
create) or redeem Creation Units directly from the
Funds |
Authorized
Participant
Agreement |
The
agreement that is entered into between an Authorized Participant, the
Sponsor and the Trust that
allows
an Authorized Participant to purchase or redeem Creation Units directly
from the Funds |
Authorized
Participant
Procedures
Handbook |
A
handbook that details the procedures for placing and processing Purchase
Orders and Redemption
Orders
in Creation Units |
BNYM |
The
Bank of New York Mellon |
Business
Day |
Any
day on which the NAV of a specified Fund is
determined. |
Cboe |
Chicago
Board Options Exchange, Incorporated |
CBOT |
Chicago
Board of Trade |
CEA |
Commodity
Exchange Act, as amended |
CFE |
Cboe
Futures Exchange |
CFTC |
United
States Commodity Futures Trading Commission |
CME |
Chicago
Mercantile Exchange |
Code |
Internal
Revenue Code of 1986, as amended |
Creation
Unit |
A
block of 25,000 or 50,000 Shares, as applicable, that is created for sale
by the Trust to Authorized
Participants
and/or submitted to the Trust for redemption by an Authorized
Participant. |
Custodian |
The
Bank of New York Mellon, as custodian for the
Funds |
Distributor |
SEI
Investments Distribution Co., as distributor for the
Funds |
Dodd-Frank
Act |
Dodd-Frank
Wall Street Reform and Consumer Protection Act |
DSTA |
Delaware
Statutory Trust Act |
DTC |
Depository
Trust Company |
EU |
European
Union |
Exchange |
The
exchange on which a Fund is primarily listed and traded ( i.e.,
Cboe BZX Exchange, Inc.). |
FCM |
Futures
Commission Merchant |
Financial
Instruments |
Instruments
whose value is derived from the value of an an equity market volatility
index, including
futures
contracts, swap agreements, forward contracts, option contracts, and other
instruments. |
FINRA |
Financial
Industry Regulatory Authority, Inc. |
Fund(s) |
One
or more of the series of the Trust offered
herein. |
Geared
Fund(s) |
The
Short Fund and/or the Ultra
Fund |
1933
Act |
Securities
Act of 1933, as amended |
ICE |
Intercontinental
Exchange |
Index |
S&P
500 VIX Short-Term Futures Index |
IRS |
United
States Internal Revenue Service |
Matching
Fund |
ProShares
VIX Short-Term Futures ETF |
NAV |
Net
Asset Value |
NFA |
National
Futures Association |
NSCC |
National
Securities Clearing Corporation |
NYMEX |
New
York Mercantile Exchange |
NYSE |
New
York Stock Exchange |
NYSE
Arca |
NYSE
Arca Equities, Inc. |
Other
Fund |
A
series of the Trust that is not being offered pursuant to this
Prospectus. |
PDI |
ProFunds
Distributors, Inc. |
PTP |
Publicly-traded
partnership |
Reference
Asset |
The
underlying asset that is used to determine the value of a Financial
Instrument |
Regulations |
The
income tax regulations promulgated under the Code.
|
S&P |
Standard
& Poor’s |
SEC |
United
States Securities & Exchange Commission |
SEI |
SEI
Investments Distribution Co. |
Shares |
Common
units of beneficial interest that represent units of fractional undivided
beneficial interest in and
ownership
of a Fund. |
Short
Fund |
ProShares
Short VIX Short-Term Futures ETF |
Sponsor |
ProShare
Capital Management LLC |
Title
VII |
Title
VII of the Dodd-Frank Act. |
Transfer
Agent |
The
Bank of New York Mellon, as transfer agent for the
Funds |
Trust |
ProShares
Trust II |
Trust
Agreement |
The
Amended and Restated Trust Agreement of ProShares Trust II, as amended by
Amendment No. 1 |
Trustee |
Wilmington
Trust Company |
U.S. |
United
States of America |
Ultra
Fund |
ProShares
Ultra VIX Short-Term Futures ETF |
VIX |
Cboe
Volatility Index |
VIX
Index |
Cboe
Volatility Index |