Fund |
Benchmark |
ProShares
VIX Mid-Term Futures ETF (VIXM) |
S&P
500®
VIX Mid-Term Futures Index |
ProShares
Ultra Bloomberg Natural Gas (BOIL) |
Bloomberg
Natural Gas SubindexSM
|
ProShares
UltraShort Bloomberg Natural Gas (KOLD) |
Bloomberg
Natural Gas SubindexSM
|
ProShares
UltraShort Silver (ZSL) |
Bloomberg
Silver SubindexSM
|
ProShares
UltraShort Gold (GLL) |
Bloomberg
Gold SubindexSM
|
ProShares
Ultra Euro (ULE) |
The
U.S. dollar price of the euro |
ProShares
UltraShort Euro (EUO) |
The
U.S. dollar price of the euro |
ProShares
Ultra Yen (YCL) |
The
U.S. dollar price of the Japanese yen |
ProShares
UltraShort Yen (YCS) |
The
U.S. dollar price of the Japanese yen |
|
|
|
|
SUMMARY |
|
Important
Information About the Funds |
|
Overview |
|
The
VIX Futures Fund |
|
The
Natural Gas Funds |
|
The
Precious Metals Funds |
|
The
Currency Funds |
|
Purchases
and Sales in the Secondary Market |
|
Creation
and Redemption Transactions |
|
Breakeven
Amounts |
|
Important
Tax Information |
|
RISK
FACTOR SUMMARY |
|
Risks
Related to All Funds |
|
Risks
Specific to the Geared Funds, VIX Futures Fund, Natural Gas Funds,
Precious Metals Funds, and Currency Funds |
|
RISK
FACTORS |
|
CAUTIONARY
NOTE REGARDING FORWARD-LOOKING STATEMENTS |
|
DESCRIPTION
OF EACH FUND’S BENCHMARK |
|
DESCRIPTION
OF THE MID-TERM VIX FUTURES FUND’S INDEX |
|
The
S&P 500 VIX Mid-Term Futures Index |
|
Information
about the Index Licensor |
|
DESCRIPTION
OF THE NATURAL GAS FUNDS’ BENCHMARK |
|
Bloomberg
Natural Gas SubindexSM
|
|
Information
About the Index Licensor |
|
DESCRIPTION
OF THE PRECIOUS METALS FUNDS’ BENCHMARKS |
|
Bloomberg
Silver SubindexSM
|
|
Information
About the Index Licensor |
|
Bloomberg
Gold SubindexSM
|
|
Information
About the Index Licensor |
|
DESCRIPTION
OF THE CURRENCY FUNDS’ BENCHMARKS |
|
Euro
|
|
Japanese
Yen |
|
INVESTMENT
OBJECTIVES AND PRINCIPAL INVESTMENT STRATEGIES |
|
Investment
Objectives |
|
Principal
Investment Strategies |
|
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 |
|
Margin
Levels Expected to be Held at the FCMs |
|
SWAP
COUNTERPARTIES |
|
Litigation
and Regulatory Disclosure Relating to Swap
Counterparties |
|
APPENDIX
A—GLOSSARY OF DEFINED TERMS |
A-1
|
Fund
Name
|
Benchmark
|
ProShares
VIX Mid-Term Futures ETF |
S&P
500®
VIX Mid-Term Futures Index |
Fund
Name
|
Benchmark
|
ProShares
Ultra Bloomberg Natural Gas |
Bloomberg
Natural Gas SubindexSM
|
ProShares
UltraShort Bloomberg Natural Gas |
Bloomberg
Natural Gas SubindexSM
|
Fund
Name
|
Benchmark
|
ProShares
UltraShort Silver |
Bloomberg
Silver SubindexSM
|
ProShares
UltraShort Gold |
Bloomberg
Gold SubindexSM
|
Fund
Name
|
Benchmark
|
ProShares
Ultra Euro |
The
U.S. dollar price of the euro |
ProShares
UltraShort Euro |
The
U.S. dollar price of the euro |
ProShares
Ultra Yen |
The
U.S. dollar price of the Japanese yen |
ProShares
UltraShort Yen |
The
U.S. dollar price of the Japanese
yen |
Underlying
Benchmark
|
Create/Redeem
Cut-off
|
NAV
Calculation Time
|
S&P
500 VIX Mid-Term Futures Index |
2:00
p.m. (Eastern Time) |
4:00
p.m. (Eastern Time) |
Bloomberg
Natural Gas SubindexSM
|
2:00
p.m. (Eastern Time) |
2:30
p.m. (Eastern Time) |
Bloomberg
Silver SubindexSM
|
1:00
p.m. (Eastern Time) |
1:25
p.m. (Eastern Time) |
Bloomberg
Gold SubindexSM
|
1:00
p.m. (Eastern Time) |
1:30
p.m. (Eastern Time) |
Euro |
3:00
p.m. (Eastern Time) |
4:00
p.m. (Eastern Time) |
Yen |
3:00
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
VIX Mid-Term Futures ETF |
0.85% |
$35.00 |
$0.30 |
ProShares
Ultra Bloomberg Natural Gas |
1.38% |
$100.00 |
$1.38 |
ProShares
UltraShort Bloomberg Natural Gas |
1.41% |
$25.00 |
$0.36 |
ProShares
UltraShort Silver |
1.29% |
$30.00 |
$0.39 |
ProShares
UltraShort Gold |
1.17% |
$30.00 |
$0.35 |
ProShares
Ultra Euro |
0.83% |
$10.00 |
$0.08 |
ProShares
UltraShort Euro |
0.83% |
$25.00 |
$0.21 |
ProShares
Ultra Yen |
0.83% |
$35.00 |
$0.29 |
ProShares
UltraShort Yen |
0.83% |
$50.00 |
$0.42 |
|
Benchmark
XYZ
|
Fund
XYZ
| ||
Level
|
Daily
Performance
|
Daily
Performance
|
Net
Asset
Value
| |
Start |
100.00 |
|
|
$100.00 |
Day
1 |
97.00 |
-3.00% |
-6.00% |
$94.00 |
Day
2 |
99.91 |
3.00% |
6.00% |
$99.64 |
Day
3 |
96.91 |
-3.00% |
-6.00% |
$93.66 |
Day
4 |
99.82 |
3.00% |
6.00% |
$99.28 |
Day
5 |
96.83 |
-3.00% |
-6.00% |
$93.32 |
Day
6 |
99.73 |
3.00% |
6.00% |
$98.92 |
Day
7 |
96.74 |
-3.00% |
-6.00% |
$92.99 |
Total
Return |
|
-3.26% |
-7.01% |
|
|
Benchmark
XYZ
|
Fund
XYZ
| ||
Level
|
Daily
Performance
|
Daily
Performance
|
Net
Asset
Value
| |
Start |
100.00 |
|
|
$100.00 |
Day
1 |
103.00 |
3.00% |
6.00% |
$106.00 |
|
Benchmark
XYZ |
Fund
XYZ | ||
Level
|
Daily
Performance
|
Daily
Performance
|
Net
Asset
Value
| |
Day
2 |
99.91 |
-3.00% |
-6.00% |
$99.64 |
Day
3 |
102.91 |
3.00% |
6.00% |
$105.62 |
Day
4 |
99.82 |
-3.00% |
-6.00% |
$99.28 |
Day
5 |
102.81 |
3.00% |
6.00% |
$105.24 |
Day
6 |
99.73 |
-3.00% |
-6.00% |
$98.92 |
Day
7 |
102.72 |
3.00% |
6.00% |
$104.86 |
Total
Return |
|
2.72% |
4.86% |
|
Benchmark |
Historical
Five-Year
Average
March
31, 2022 |
S&P
500 VIX Mid-Term Futures Index |
36.15% |
Bloomberg
Natural Gas SubindexSM
|
46.95% |
Bloomberg
Silver SubindexSM
|
29.36% |
Bloomberg
Gold SubindexSM
|
14.70% |
The
U.S. dollar price of the euro |
6.58% |
The
U.S. dollar price of the Japanese yen |
6.85% |
One
Year
Benchmark
Performance
|
Two
Times (2x)
One
Year
Benchmark
Performance
|
Benchmark
Volatility
| ||||||||||||||
0%
|
5%
|
10%
|
15%
|
20%
|
25%
|
30%
|
35%
|
40%
|
45%
|
50%
|
55%
|
60%
|
65%
|
70%
| ||
-60% |
-120% |
-84.0% |
-84.0% |
-84.2% |
-84.4% |
-84.6% |
-85.0% |
-85.4% |
-85.8% |
-86.4% |
-86.9% |
-87.5% |
-88.2% |
-88.8% |
-89.5% |
-90.2% |
-55% |
-110% |
-79.8% |
-79.8% |
-80.0% |
-80.2% |
-80.5% |
-81.0% |
-81.5% |
-82.1% |
-82.7% |
-83.5% |
-84.2% |
-85.0% |
-85.9% |
-86.7% |
-87.6% |
-50% |
-100% |
-75.0% |
-75.1% |
-75.2% |
-75.6% |
-76.0% |
-76.5% |
-77.2% |
-77.9% |
-78.7% |
-79.6% |
-80.5% |
-81.5% |
-82.6% |
-83.6% |
-84.7% |
-45% |
-90% |
-69.8% |
-69.8% |
-70.1% |
-70.4% |
-70.9% |
-71.6% |
-72.4% |
-73.2% |
-74.2% |
-75.3% |
-76.4% |
-77.6% |
-78.9% |
-80.2% |
-81.5% |
-40% |
-80% |
-64.0% |
-64.1% |
-64.4% |
-64.8% |
-65.4% |
-66.2% |
-67.1% |
-68.2% |
-69.3% |
-70.6% |
-72.0% |
-73.4% |
-74.9% |
-76.4% |
-77.9% |
-35% |
-70% |
-57.8% |
-57.9% |
-58.2% |
-58.7% |
-59.4% |
-60.3% |
-61.4% |
-62.6% |
-64.0% |
-65.5% |
-67.1% |
-68.8% |
-70.5% |
-72.3% |
-74.1% |
-30% |
-60% |
-51.0% |
-51.1% |
-51.5% |
-52.1% |
-52.9% |
-54.0% |
-55.2% |
-56.6% |
-58.2% |
-60.0% |
-61.8% |
-63.8% |
-65.8% |
-67.9% |
-70.0% |
-25% |
-50% |
-43.8% |
-43.9% |
-44.3% |
-45.0% |
-46.0% |
-47.2% |
-48.6% |
-50.2% |
-52.1% |
-54.1% |
-56.2% |
-58.4% |
-60.8% |
-63.1% |
-65.5% |
-20% |
-40% |
-36.0% |
-36.2% |
-36.6% |
-37.4% |
-38.5% |
-39.9% |
-41.5% |
-43.4% |
-45.5% |
-47.7% |
-50.2% |
-52.7% |
-55.3% |
-58.1% |
-60.8% |
-15% |
-30% |
-27.8% |
-27.9% |
-28.5% |
-29.4% |
-30.6% |
-32.1% |
-34.0% |
-36.1% |
-38.4% |
-41.0% |
-43.7% |
-46.6% |
-49.6% |
-52.6% |
-55.7% |
-10% |
-20% |
-19.0% |
-19.2% |
-19.8% |
-20.8% |
-22.2% |
-23.9% |
-26.0% |
-28.3% |
-31.0% |
-33.8% |
-36.9% |
-40.1% |
-43.5% |
-46.9% |
-50.4% |
-5% |
-10% |
-9.8% |
-10.0% |
-10.6% |
-11.8% |
-13.3% |
-15.2% |
-17.5% |
-20.2% |
-23.1% |
-26.3% |
-29.7% |
-33.3% |
-37.0% |
-40.8% |
-44.7% |
0% |
0% |
0.0% |
-0.2% |
-1.0% |
-2.2% |
-3.9% |
-6.1% |
-8.6% |
-11.5% |
-14.8% |
-18.3% |
-22.1% |
-26.1% |
-30.2% |
-34.5% |
-38.7% |
5% |
10% |
10.3% |
10.0% |
9.2% |
7.8% |
5.9% |
3.6% |
0.8% |
-2.5% |
-6.1% |
-10.0% |
-14.1% |
-18.5% |
-23.1% |
-27.7% |
-32.5% |
10% |
20% |
21.0% |
20.7% |
19.8% |
18.3% |
16.3% |
13.7% |
10.6% |
7.0% |
3.1% |
-1.2% |
-5.8% |
-10.6% |
-15.6% |
-20.7% |
-25.9% |
15% |
30% |
32.3% |
31.9% |
30.9% |
29.3% |
27.1% |
24.2% |
20.9% |
17.0% |
12.7% |
8.0% |
3.0% |
-2.3% |
-7.7% |
-13.3% |
-19.0% |
20% |
40% |
44.0% |
43.6% |
42.6% |
40.8% |
38.4% |
35.3% |
31.6% |
27.4% |
22.7% |
17.6% |
12.1% |
6.4% |
0.5% |
-5.6% |
-11.8% |
25% |
50% |
56.3% |
55.9% |
54.7% |
52.8% |
50.1% |
46.8% |
42.8% |
38.2% |
33.1% |
27.6% |
21.7% |
15.5% |
9.0% |
2.4% |
-4.3% |
30% |
60% |
69.0% |
68.6% |
67.3% |
65.2% |
62.4% |
58.8% |
54.5% |
49.5% |
44.0% |
38.0% |
31.6% |
24.9% |
17.9% |
10.8% |
3.5% |
35% |
70% |
82.3% |
81.8% |
80.4% |
78.2% |
75.1% |
71.2% |
66.6% |
61.2% |
55.3% |
48.8% |
41.9% |
34.7% |
27.2% |
19.4% |
11.7% |
40% |
80% |
96.0% |
95.5% |
94.0% |
91.6% |
88.3% |
84.1% |
79.1% |
73.4% |
67.0% |
60.1% |
52.6% |
44.8% |
36.7% |
28.5% |
20.1% |
45% |
90% |
110.3% |
109.7% |
108.2% |
105.6% |
102.0% |
97.5% |
92.2% |
86.0% |
79.2% |
71.7% |
63.7% |
55.4% |
46.7% |
37.8% |
28.8% |
50% |
100% |
125.0% |
124.4% |
122.8% |
120.0% |
116.2% |
111.4% |
105.6% |
99.1% |
91.7% |
83.8% |
75.2% |
66.3% |
57.0% |
47.5% |
37.8% |
55% |
110% |
140.3% |
139.7% |
137.9% |
134.9% |
130.8% |
125.7% |
119.6% |
112.6% |
104.7% |
96.2% |
87.1% |
77.5% |
67.6% |
57.5% |
47.2% |
60% |
120% |
156.0% |
155.4% |
153.5% |
150.3% |
146.0% |
140.5% |
134.0% |
126.5% |
118.1% |
109.1% |
99.4% |
89.2% |
78.6% |
67.8% |
56.8% |
One
Year
Benchmark
Performance |
Two
Times
Inverse
(-2x) of
One
Year
Benchmark
Performance
|
Benchmark
Volatility
| ||||||||||||||
0%
|
5%
|
10%
|
15%
|
20%
|
25%
|
30%
|
35%
|
40%
|
45%
|
50%
|
55%
|
60%
|
65%
|
70%
| ||
-60% |
120% |
525.0% |
520.3% |
506.5% |
484.2% |
454.3% |
418.1% |
377.1% |
332.8% |
286.7% |
240.4% |
195.2% |
152.2% |
112.2% |
76.0% |
43.7% |
-55% |
110% |
393.8% |
390.1% |
379.2% |
361.6% |
338.0% |
309.4% |
277.0% |
242.0% |
205.6% |
169.0% |
133.3% |
99.3% |
67.7% |
39.0% |
13.5% |
-50% |
100% |
300.0% |
297.0% |
288.2% |
273.9% |
254.8% |
231.6% |
205.4% |
177.0% |
147.5% |
117.9% |
88.9% |
61.4% |
35.8% |
12.6% |
-8.0% |
-45% |
90% |
230.6% |
228.1% |
220.8% |
209.0% |
193.2% |
174.1% |
152.4% |
128.9% |
104.6% |
80.1% |
56.2% |
33.4% |
12.3% |
-6.9% |
-24.0% |
-40% |
80% |
177.8% |
175.7% |
169.6% |
159.6% |
146.4% |
130.3% |
112.0% |
92.4% |
71.9% |
51.3% |
31.2% |
12.1% |
-5.7% |
-21.8% |
-36.1% |
-35% |
70% |
136.7% |
134.9% |
129.7% |
121.2% |
109.9% |
96.2% |
80.7% |
63.9% |
46.5% |
28.9% |
11.8% |
-4.5% |
-19.6% |
-33.4% |
-45.6% |
-30% |
60% |
104.1% |
102.6% |
98.1% |
90.8% |
81.0% |
69.2% |
55.8% |
41.3% |
26.3% |
11.2% |
-3.6% |
-17.6% |
-30.7% |
-42.5% |
-53.1% |
-25% |
50% |
77.8% |
76.4% |
72.5% |
66.2% |
57.7% |
47.4% |
35.7% |
23.1% |
10.0% |
-3.2% |
-16.0% |
-28.3% |
-39.6% |
-49.9% |
-59.1% |
-20% |
40% |
56.3% |
55.1% |
51.6% |
46.1% |
38.6% |
29.5% |
19.3% |
8.2% |
-3.3% |
-14.9% |
-26.2% |
-36.9% |
-46.9% |
-56.0% |
-64.1% |
-15% |
30% |
38.4% |
37.4% |
34.3% |
29.4% |
22.8% |
14.7% |
5.7% |
-4.2% |
-14.4% |
-24.6% |
-34.6% |
-44.1% |
-53.0% |
-61.0% |
-68.2% |
-10% |
20% |
23.5% |
22.5% |
19.8% |
15.4% |
9.5% |
2.3% |
-5.8% |
-14.5% |
-23.6% |
-32.8% |
-41.7% |
-50.2% |
-58.1% |
-65.2% |
-71.6% |
-5% |
10% |
10.8% |
10.0% |
7.5% |
3.6% |
-1.7% |
-8.1% |
-15.4% |
-23.3% |
-31.4% |
-39.6% |
-47.7% |
-55.3% |
-62.4% |
-68.8% |
-74.5% |
0% |
0% |
0.0% |
-0.7% |
-3.0% |
-6.5% |
-11.3% |
-17.1% |
-23.7% |
-30.8% |
-38.1% |
-45.5% |
-52.8% |
-59.6% |
-66.0% |
-71.8% |
-77.0% |
5% |
-10% |
-9.3% |
-10.0% |
-12.0% |
-15.2% |
-19.6% |
-24.8% |
-30.8% |
-37.2% |
-43.9% |
-50.6% |
-57.2% |
-63.4% |
-69.2% |
-74.5% |
-79.1% |
10% |
-20% |
-17.4% |
-18.0% |
-19.8% |
-22.7% |
-26.7% |
-31.5% |
-36.9% |
-42.8% |
-48.9% |
-55.0% |
-61.0% |
-66.7% |
-71.9% |
-76.7% |
-81.0% |
15% |
-30% |
-24.4% |
-25.0% |
-26.6% |
-29.3% |
-32.9% |
-37.3% |
-42.3% |
-47.6% |
-53.2% |
-58.8% |
-64.3% |
-69.5% |
-74.3% |
-78.7% |
-82.6% |
20% |
-40% |
-30.6% |
-31.1% |
-32.6% |
-35.1% |
-38.4% |
-42.4% |
-47.0% |
-51.9% |
-57.0% |
-62.2% |
-67.2% |
-72.0% |
-76.4% |
-80.4% |
-84.0% |
25% |
-50% |
-36.0% |
-36.5% |
-37.9% |
-40.2% |
-43.2% |
-46.9% |
-51.1% |
-55.7% |
-60.4% |
-65.1% |
-69.8% |
-74.2% |
-78.3% |
-82.0% |
-85.3% |
30% |
-60% |
-40.8% |
-41.3% |
-42.6% |
-44.7% |
-47.5% |
-50.9% |
-54.8% |
-59.0% |
-63.4% |
-67.8% |
-72.0% |
-76.1% |
-79.9% |
-83.3% |
-86.4% |
35% |
-70% |
-45.1% |
-45.5% |
-46.8% |
-48.7% |
-51.3% |
-54.5% |
-58.1% |
-62.0% |
-66.0% |
-70.1% |
-74.1% |
-77.9% |
-81.4% |
-84.6% |
-87.4% |
40% |
-80% |
-49.0% |
-49.4% |
-50.5% |
-52.3% |
-54.7% |
-57.7% |
-61.1% |
-64.7% |
-68.4% |
-72.2% |
-75.9% |
-79.4% |
-82.7% |
-85.6% |
-88.3% |
45% |
-90% |
-52.4% |
-52.8% |
-53.8% |
-55.5% |
-57.8% |
-60.6% |
-63.7% |
-67.1% |
-70.6% |
-74.1% |
-77.5% |
-80.8% |
-83.8% |
-86.6% |
-89.1% |
50% |
-100% |
-55.6% |
-55.9% |
-56.9% |
-58.5% |
-60.6% |
-63.2% |
-66.1% |
-69.2% |
-72.5% |
-75.8% |
-79.0% |
-82.1% |
-84.9% |
-87.5% |
-89.8% |
55% |
-110% |
-58.4% |
-58.7% |
-59.6% |
-61.1% |
-63.1% |
-65.5% |
-68.2% |
-71.2% |
-74.2% |
-77.3% |
-80.3% |
-83.2% |
-85.9% |
-88.3% |
-90.4% |
60% |
-120% |
-60.9% |
-61.2% |
-62.1% |
-63.5% |
-65.4% |
-67.6% |
-70.2% |
-73.0% |
-75.8% |
-78.7% |
-81.5% |
-84.2% |
-86.7% |
-89.0% |
-91.0% |
|
Swaps
|
Forwards
|
Futures
|
ProShares
VIX Mid-Term Futures ETF |
0% |
0% |
100% |
ProShares
Ultra Bloomberg Natural Gas |
0% |
0% |
200% |
ProShares
UltraShort Bloomberg Natural Gas |
0% |
0% |
-200% |
ProShares
UltraShort Silver |
-75
to -200% |
0% |
0 to
-125% |
ProShares
UltraShort Gold |
-75
to -200% |
0% |
0 to
-125% |
ProShares
Ultra Euro |
0% |
200% |
0% |
ProShares
UltraShort Euro |
0% |
0% |
-200% |
ProShares
Ultra Yen |
0% |
200% |
0% |
ProShares
UltraShort Yen Fund |
0% |
-200% |
0% |
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 March 31, 2022 |
$846,689,313 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$257,578,258 |
Net
Asset Value as of March 31, 2022 |
$97,869,914 |
Net
Asset Value per Share3
as of March 31, 2022 |
$31.45 |
Worst
Monthly Loss:4
|
-15.88%
(March 2021) |
Worst
Peak-to-Valley Loss:5
|
-94.26%
(September 2011 - September
2018) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-12.29% |
-0.14% |
-11.93% |
-0.69% |
16.15% |
-0.20% |
February |
-3.69% |
16.38% |
-8.36% |
10.48% |
-3.19% |
5.07% |
March |
-10.39% |
7.55% |
0.62% |
65.97% |
-15.88% |
-1.89% |
April |
-5.88% |
-7.00% |
-2.16% |
1.44% |
-1.82% |
|
May |
-2.30% |
-6.44% |
8.04% |
-0.13% |
-5.78% |
|
June |
-6.36% |
-0.53% |
-6.37% |
2.98% |
-5.06% |
|
July |
-8.17% |
-6.61% |
1.09% |
-1.80% |
3.86% |
|
August |
3.85% |
-1.45% |
9.33% |
1.33% |
-3.71% |
|
September |
-3.77% |
-2.95% |
-0.75% |
1.96% |
5.61% |
|
October |
-8.44% |
21.33% |
-3.45% |
1.64% |
-5.88% |
|
November |
1.65% |
-5.13% |
-2.19% |
-13.82% |
8.51% |
|
December |
-9.22% |
12.55% |
-4.16% |
2.28% |
-6.96% |
|
Annual |
-49.47% |
25.17% |
-20.21% |
72.71% |
-16.63% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
2.88% |
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 March 31, 2022 |
$2,053,067,049 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$208,133,411 |
Net
Asset Value as of March 31, 2022 |
$145,069,486 |
Net
Asset Value per Share3
as of March 31, 2022 |
$56.06 |
Worst
Monthly Loss:4
|
-57.68%
(December 2018) |
Worst
Peak-to-Valley Loss:5
|
-99.95%
(Inception -December
2020) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-30.47% |
4.81% |
-5.56% |
-27.78% |
1.46% |
80.27% |
February |
-23.59% |
-21.65% |
-4.00% |
-20.88% |
17.14% |
-23.08% |
March |
22.55% |
2.50% |
-11.33% |
-12.94% |
-14.61% |
58.38% |
April |
0.42% |
-1.95% |
-10.47% |
23.44% |
14.28% |
|
May |
-17.02% |
10.78% |
-12.61% |
-29.43% |
-0.05% |
|
June |
-4.46% |
-1.88% |
-12.90% |
-22.20% |
45.17% |
|
July |
-15.95% |
-8.21% |
-5.36% |
-1.64% |
15.63% |
|
August |
14.11% |
8.41% |
-1.50% |
68.97% |
21.17% |
|
September |
-6.73% |
4.13% |
-0.33% |
-26.98% |
68.64% |
|
October |
-17.07% |
12.17% |
3.06% |
23.90% |
-22.92% |
|
November |
-1.20% |
75.57% |
-31.78% |
-32.50% |
-36.01% |
|
December |
-8.83% |
-57.68% |
-7.22% |
-26.94% |
-37.91% |
|
Annual |
-65.37% |
-22.53% |
-66.80% |
-75.00% |
21.77% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
119.62% |
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 March 31, 2022 |
$1,789,196,499 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$399,706,586 |
Net
Asset Value as of March 31, 2022 |
$250,340,837 |
Net
Asset Value per Share3
as of March 31, 2022 |
$16.18 |
Worst
Monthly Loss:4
|
-63.45%
(November 2018) |
Worst
Peak-to-Valley Loss:5
|
-95.99%
(February 2016 - March 2022) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
29.38% |
-9.49% |
-7.09% |
34.40% |
-7.11% |
-53.24% |
February |
23.73% |
24.33% |
1.36% |
20.18% |
-21.75% |
-0.39% |
March |
-20.93% |
-3.50% |
11.30% |
1.86% |
13.10% |
-43.80% |
April |
-3.34% |
0.55% |
10.26% |
-28.73% |
-15.02% |
|
May |
15.56% |
-11.06% |
11.49% |
26.90% |
-2.17% |
|
June |
1.52% |
0.64% |
10.46% |
17.25% |
-33.75% |
|
July |
14.05% |
7.99% |
0.50% |
-8.93% |
-16.32% |
|
August |
-13.95% |
-8.74% |
-1.67% |
-49.67% |
-21.57% |
|
September |
4.07% |
-6.38% |
-3.19% |
24.38% |
-50.38% |
|
October |
18.01% |
-13.86% |
-5.90% |
-23.92% |
5.01% |
|
November |
-3.35% |
-63.45% |
35.41% |
36.88% |
23.56% |
|
December |
2.21% |
92.78% |
2.78% |
19.29% |
35.84% |
|
Annual |
70.91% |
-45.27% |
78.32% |
23.56% |
-74.01% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
-73.82% |
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 March 31, 2022 |
$2,725,335,371 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$262,103,723 |
Net
Asset Value as of March 31, 2022 |
$23,406,516 |
Net
Asset Value per Share3
as of March 31, 2022 |
$21.45 |
Worst
Monthly Loss:4
|
-44.81%
(July 2020) |
Worst
Peak-to-Valley Loss:5
|
-99.79%
(Inception - May 2021) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-12.52% |
-4.21% |
-6.80% |
-2.04% |
-8.22% |
5.89% |
February |
-11.09% |
9.56% |
6.50% |
17.73% |
-3.80% |
-16.23% |
March |
1.26% |
1.93% |
6.31% |
18.38% |
14.06% |
-9.60% |
April |
7.04% |
-1.41% |
2.60% |
-14.00% |
-10.92% |
|
May |
0.55% |
-2.14% |
5.22% |
-36.62% |
-16.28% |
|
June |
9.89% |
6.22% |
-9.65% |
-1.45% |
12.25% |
|
July |
-4.92% |
7.90% |
-13.11% |
-44.81% |
3.70% |
|
August |
-7.78% |
10.68% |
-19.88% |
-35.87% |
11.59% |
|
September |
4.97% |
4.91% |
12.25% |
39.57% |
15.59% |
|
October |
0.11% |
-0.59% |
-11.99% |
-4.55% |
-16.31% |
|
November |
2.91% |
1.20% |
12.60% |
6.08% |
8.80% |
|
December |
-3.73% |
-15.29% |
-9.59% |
-29.38% |
-5.97% |
|
Annual |
-14.97% |
17.05% |
-27.94% |
-74.10% |
-3.45% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
-19.81% |
Name
of Pool:
|
ProShares
UltraShort Gold |
Type
of Pool:
|
Public,
Exchange-listed Commodity Pool |
Date
of Inception of Trading:
|
December
1, 2008 |
Aggregate
Gross Capital Subscriptions1
as of March 31, 2022 |
$1,026,412,945 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$125,749,598 |
Net
Asset Value as of March 31, 2022 |
$32,598,451 |
Net
Asset Value per Share3
as of March 31, 2022 |
$27.23 |
Worst
Monthly Loss:4
|
-15.62%
(July 2020) |
Worst
Peak-to-Valley Loss:5
|
-94.55%
(Inception - March 2022) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-11.36% |
-7.80% |
-5.65% |
-7.46% |
4.16% |
3.20% |
February |
-6.93% |
4.22% |
1.21% |
1.68% |
13.47% |
-11.09% |
March |
1.41% |
-0.85% |
3.49% |
-7.76% |
1.20% |
-6.29% |
April |
-3.59% |
1.81% |
1.87% |
-12.77% |
-6.19% |
|
May |
-0.13% |
1.31% |
-3.14% |
-5.94% |
-14.14% |
|
Rate
of Return:6 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
June |
3.71% |
9.25% |
-14.44% |
-6.07% |
14.49% |
|
July |
-4.01% |
5.18% |
-1.85% |
-15.62% |
-4.85% |
|
August |
-6.83% |
3.26% |
-12.09% |
-1.03% |
-0.81% |
|
September |
4.45% |
2.74% |
7.21% |
8.19% |
6.32% |
|
October |
2.00% |
-4.40% |
-5.71% |
1.08% |
-3.42% |
|
November |
-1.48% |
-0.23% |
6.48% |
10.58% |
0.43% |
|
December |
-1.62% |
-8.98% |
-6.65% |
-12.24% |
-6.02% |
|
Annual |
-22.83% |
3.98% |
-27.67% |
-40.72% |
0.89% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
-14.02% |
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 March 31, 2022 |
$95,392,578 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$8,284,405 |
Net
Asset Value as of March 31, 2022 |
$6,236,982 |
Net
Asset Value per Share3
as of March 31, 2022 |
$12.47 |
Worst
Monthly Loss:4
|
-6.67%
(May 2018) |
Worst
Peak-to-Valley Loss:5
|
-62.39%
(November 2009 -March 2022) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
4.71% |
6.66% |
-0.67% |
-2.57% |
-1.54% |
-2.72% |
February |
-3.92% |
-3.83% |
-1.60% |
-1.27% |
-1.30% |
-0.56% |
March |
1.00% |
1.16% |
-3.14% |
-0.73% |
-5.86% |
-3.12% |
April |
3.97% |
-4.05% |
-0.41% |
-1.62% |
4.86% |
|
May |
5.96% |
-6.67% |
-1.20% |
2.37% |
2.68% |
|
June |
2.98% |
-0.72% |
3.18% |
2.26% |
-5.64% |
|
July |
7.08% |
-0.11% |
-5.64% |
9.61% |
-0.15% |
|
August |
0.74% |
-1.93% |
-1.86% |
2.39% |
-1.13% |
|
September |
-1.72% |
-0.35% |
-1.97% |
-3.67% |
-3.96% |
|
October |
-3.17% |
-5.20% |
4.25% |
-1.55% |
-0.59% |
|
November |
3.96% |
-0.54% |
-2.69% |
4.68% |
-3.96% |
|
December |
1.13% |
1.90% |
3.22% |
4.52% |
0.27% |
|
Annual |
24.42% |
-13.48% |
-8.64% |
14.54% |
-15.64% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
-6.28% |
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 March 31, 2022 |
$30,492,596 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$4,371,389 |
Net
Asset Value as of March 31, 2022 |
$2,099,705 |
Name
of Pool: |
ProShares
Ultra Yen |
Net
Asset Value per Share3
as of March 31, 2022 |
$42.02 |
Worst
Monthly Loss:4
|
-11.05%
(March 2022) |
Worst
Peak-to-Valley Loss:5
|
-71.70%
(August 2011 - March 2022) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
6.67% |
6.19% |
0.85% |
0.25% |
-2.98% |
-0.16% |
February |
0.80% |
4.26% |
-4.85% |
0.79% |
-3.57% |
0.19% |
March |
1.38% |
0.02% |
0.80% |
-0.34% |
-7.49% |
-11.05% |
April |
-0.44% |
-5.66% |
-1.55% |
-0.04% |
2.47% |
|
May |
0.96% |
0.56% |
5.34% |
-1.07% |
-1.09% |
|
June |
-3.38% |
-3.90% |
0.67% |
-0.47% |
-2.37% |
|
July |
3.81% |
-2.31% |
-2.22% |
3.83% |
2.38% |
|
August |
0.20% |
0.83% |
4.35% |
-0.25% |
-0.68% |
|
September |
-4.86% |
-4.75% |
-3.74% |
0.69% |
-2.44% |
|
October |
-2.33% |
0.98% |
-0.15% |
1.31% |
-4.76% |
|
November |
1.76% |
-1.54% |
-2.93% |
0.39% |
1.49% |
|
December |
-0.67% |
6.54% |
0.94% |
1.97% |
-3.76% |
|
Annual |
3.42% |
0.35% |
-2.96% |
7.17% |
-20.97% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
-11.02% |
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 March 31, 2022 |
$1,977,917,971 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$(176,450,165) |
Net
Asset Value as of March 31, 2022 |
$27,726,701 |
Net
Asset Value per Share3
as of March 31, 2022 |
$92.64 |
Worst
Monthly Loss:4
|
-6.99%
(January 2017) |
Worst
Peak-to-Valley Loss:5
|
-29.29%
(May 2015 - March 2018) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-6.99% |
-6.02% |
-0.88% |
-0.28% |
2.82% |
-0.14% |
February |
-1.08% |
-4.36% |
5.17% |
-1.06% |
3.41% |
0.07% |
March |
-1.72% |
-0.23% |
-0.72% |
-1.68% |
7.79% |
11.81% |
April |
0.19% |
5.87% |
1.61% |
-0.28% |
-2.65% |
|
May |
-1.30% |
-0.69% |
-5.00% |
0.83% |
0.85% |
|
June |
3.24% |
4.01% |
-0.51% |
0.14% |
2.17% |
|
July |
-3.88% |
2.31% |
2.30% |
-3.99% |
-2.63% |
|
August |
-0.42% |
-0.85% |
-4.33% |
-0.07% |
0.44% |
|
September |
4.73% |
4.94% |
3.96% |
-0.88% |
2.22% |
|
October |
2.26% |
-0.96% |
0.18% |
-1.53% |
4.69% |
|
November |
-1.88% |
1.65% |
2.94% |
-0.78% |
-1.85% |
|
December |
0.58% |
-6.16% |
-0.89% |
-2.14% |
3.63% |
|
Rate
of Return:6 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
Annual |
-6.61% |
-1.39% |
3.36% |
-11.19% |
22.38% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
11.73% |
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 March 31, 2022 |
$2,780,762,784 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$(130,527,985) |
Net
Asset Value as of March 31, 2022 |
$50,498,084 |
Net
Asset Value per Share3
as of March 31, 2022 |
$27.30 |
Worst
Monthly Loss:4
|
-9.10%
(July 2020) |
Worst
Peak-to-Valley Loss:5
|
-26.84%
(November 2015 - January
2018) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-4.87% |
-6.44% |
0.67% |
2.68% |
1.29% |
2.44% |
February |
3.89% |
3.78% |
1.72% |
1.25% |
1.05% |
0.73% |
March |
-1.32% |
-1.30% |
3.28% |
-0.19% |
5.85% |
2.53% |
April |
-4.03% |
4.20% |
0.55% |
1.29% |
-4.91% |
|
May |
-5.89% |
7.00% |
1.39% |
-2.62% |
-2.90% |
|
June |
-3.09% |
0.53% |
-3.00% |
-2.52% |
5.65% |
|
July |
-6.81% |
0.11% |
6.04% |
-9.10% |
-0.09% |
|
August |
-0.92% |
1.84% |
1.96% |
-2.62% |
0.91% |
|
September |
1.57% |
0.31% |
2.09% |
3.51% |
3.89% |
|
October |
3.10% |
5.54% |
-3.98% |
1.27% |
0.35% |
|
November |
-3.99% |
0.51% |
2.79% |
-4.72% |
3.85% |
|
December |
-1.19% |
-1.82% |
-3.11% |
-4.65% |
-0.59% |
|
Annual |
-21.69% |
14.41% |
10.39% |
-15.89% |
14.68% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
5.80% |
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
VIX Mid-Term Futures ETF | |
Selling
price per share |
$35.00 |
|
Management
fee(2)
|
$0.29 |
0.85% |
Brokerage
commissions and fees |
$0.07 |
0.19% |
Variable
create/redeem fees(3)
|
$(0.01) |
(0.04)% |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$0.35 |
1.00% |
Interest
income(4)
|
$(0.05) |
(0.15)% |
Expenses(1) |
Dollar
Amount and Percentage of
Expenses
per Fund | |
|
ProShares
VIX Mid-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)
|
$0.30 |
0.85% |
Expenses(1)
|
Dollar
Amount and Percentage of
Expenses
per Fund
| |
|
ProShares
Ultra Bloomberg
Natural
Gas | |
Selling
price per share |
$100.00 |
|
Management
fee(2)
|
$0.95 |
0.95% |
Brokerage
commissions and fees |
$0.58 |
0.58% |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$1.53 |
1.53% |
Interest
income(4)
|
$(0.15) |
(0.15)% |
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)
|
$1.38 |
1.38% |
Expenses(1)
|
Dollar
Amount and Percentage of
Expenses
per Fund
| |
|
ProShares
UltraShort Bloomberg
Natural
Gas | |
Selling
price per share |
$25.00 |
|
Management
fee(2)
|
$0.25 |
0.95% |
Brokerage
commissions and fees |
$0.15 |
0.61% |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$0.40 |
1.56% |
Interest
income(4)
|
$(0.04) |
(0.15)% |
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)
|
$0.36 |
1.41% |
Expenses(1)
|
Dollar
Amount and Percentage of
Expenses
per Fund
| |
|
ProShares
UltraShort Silver | |
Selling
price per share |
$30.00 |
|
Management
fee(2)
|
$0.29 |
0.95% |
Brokerage
commissions and fees |
$0.15 |
0.49% |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$0.44 |
1.44% |
Interest
income(4)
|
$(0.05) |
(0.15)% |
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)
|
$0.39 |
1.29% |
Expenses(1)
|
Dollar
Amount and Percentage of
Expenses
per Fund
| |
|
ProShares
UltraShort Gold | |
Selling
price per share |
$30.00 |
|
Management
fee(2)
|
$0.29 |
0.95% |
Brokerage
commissions and fees |
$0.11 |
0.37% |
Expenses(1) |
Dollar
Amount and Percentage of
Expenses
per Fund | |
|
ProShares
UltraShort Gold | |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$0.40 |
1.32% |
Interest
income(4)
|
$(0.05) |
(0.15)% |
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)
|
$0.35 |
1.17% |
Expenses(1)
|
Dollar
Amount and Percentage of
Expenses
per Fund
| |
|
ProShares
Ultra Euro | |
Selling
price per share |
$10.00 |
|
Management
fee(2)
|
$0.09 |
0.95% |
Brokerage
commissions and fees |
$0.01 |
0.03% |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$0.10 |
0.98% |
Interest
income(4)
|
$(0.02) |
(0.15)% |
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)
|
$0.08 |
0.83% |
Expenses(1)
|
Dollar
Amount and Percentage of
Expenses
per Fund
| |
|
ProShares
UltraShort Euro | |
Selling
price per share |
$25.00 |
|
Management
fee(2)
|
$0.24 |
0.95% |
Brokerage
commissions and fees |
$0.01 |
0.03% |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$0.25 |
0.98% |
Interest
income(4)
|
$(0.04) |
(0.15)% |
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)
|
$0.21 |
0.83% |
Expenses(1)
|
Dollar
Amount and Percentage of
Expenses
per Fund
| |
|
ProShares
Ultra Yen | |
Selling
price per share |
$35.00 |
|
Management
fee(2)
|
$0.33 |
0.95% |
Brokerage
commissions and fees |
$0.01 |
0.03% |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$0.34 |
0.98% |
Interest
income(4)
|
$(0.05) |
(0.15)% |
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)
|
$0.29 |
0.83% |
Expenses(1)
|
Dollar
Amount and Percentage of
Expenses
per Fund
| |
|
ProShares
UltraShort Yen | |
Selling
price per share |
$50.00 |
|
Expenses(1) |
Dollar
Amount and Percentage of
Expenses
per Fund | |
|
ProShares
UltraShort Yen | |
Management
fee(2)
|
$0.48 |
0.95% |
Brokerage
commissions and fees |
$0.02 |
0.03% |
Other
expenses |
$0.00 |
0.00% |
Total
fees and expenses |
$0.50 |
0.98% |
Interest
income(4)
|
$(0.08) |
(0.15)% |
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)
|
$0.42 |
0.83% |
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 March 31, 2022 |
$14,325,224,959 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$589,051,755 |
Net
Asset Value as of March 31, 2022 |
$495,588,849 |
Net
Asset Value per Share3
as of March 31, 2022 |
$54.55 |
Worst
Monthly Loss:4
|
-89.59%
(February 2018) |
Worst
Peak-to-Valley Loss:5
|
-93.91%
(December 2017-March 2020) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
29.23% |
-6.82% |
13.90% |
-4.78% |
-12.91% |
-8.63% |
February |
4.35% |
-89.59% |
6.11% |
-17.55% |
12.24% |
-8.73% |
March |
14.69% |
-6.11% |
2.17% |
-39.79% |
16.42% |
6.35% |
April |
3.04% |
6.43% |
6.59% |
6.11% |
5.70% |
|
May |
6.44% |
4.45% |
-10.42% |
4.76% |
4.11% |
|
June |
3.53% |
-0.86% |
9.13% |
-8.93% |
7.23% |
|
July |
14.75% |
8.40% |
2.47% |
7.92% |
-3.42% |
|
August |
-12.55% |
3.03% |
-9.81% |
2.36% |
7.77% |
|
September |
16.54% |
3.56% |
7.05% |
1.96% |
-5.92% |
|
October |
14.64% |
-18.15% |
7.63% |
-4.62% |
13.03% |
|
November |
4.39% |
4.39% |
8.89% |
22.61% |
-12.52% |
|
December |
13.56% |
-16.11% |
3.84% |
0.12% |
14.35% |
|
Annual |
179.12% |
-91.68% |
54.92% |
-36.89% |
48.68% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
-11.31% |
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 March 31, 2022 |
$16,418,728,950 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$689,092,461 |
Net
Asset Value as of March 31, 2022 |
$1,336,980,685 |
Net
Asset Value per Share3
as of March 31, 2022 |
$151.74 |
Worst
Monthly Loss:4
|
-85.06%
(March 2020) |
Worst
Peak-to-Valley Loss:5
|
-99.94%
(Inception -April 2020) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-7.28% |
14.44% |
37.17% |
-28.51% |
11.58% |
29.71% |
February |
2.10% |
-8.64% |
10.52% |
-26.25% |
35.90% |
15.54% |
March |
-14.18% |
11.06% |
8.71% |
-85.06% |
-4.74% |
17.60% |
April |
-6.77% |
11.67% |
12.78% |
-63.40% |
14.07% |
|
May |
-6.09% |
-4.72% |
-30.81% |
70.27% |
8.69% |
|
June |
-10.82% |
17.42% |
16.85% |
14.42% |
20.06% |
|
July |
16.64% |
-10.52% |
-0.54% |
5.91% |
2.83% |
|
August |
-10.36% |
4.71% |
-12.95% |
9.49% |
-10.33% |
|
September |
15.62% |
11.19% |
-5.39% |
-13.36% |
17.09% |
|
October |
8.73% |
-20.14% |
0.73% |
-20.52% |
14.45% |
|
November |
10.15% |
-40.66% |
2.59% |
42.35% |
-29.81% |
|
December |
10.42% |
-22.95% |
22.63% |
11.90% |
26.99% |
|
Annual |
1.42% |
-44.82% |
55.99% |
-92.86% |
136.82% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
76.24% |
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 March 31, 2022 |
$1,071,073,156 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$304,305,266 |
Net
Asset Value as of March 31, 2022 |
$355,029,822 |
Net
Asset Value per Share3
as of March 31, 2022 |
$66.99 |
Worst
Monthly Loss:4
|
-13.92%
(June 2021) |
Worst
Peak-to-Valley Loss:5
|
-70.62%
(August 2011 -September 2018) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
11.40% |
8.07% |
5.88% |
7.74% |
-5.54% |
-4.05% |
February |
6.82% |
-4.34% |
-1.41% |
-3.01% |
-13.04% |
11.71% |
March |
-2.09% |
0.49% |
-3.69% |
1.93% |
-2.14% |
4.75% |
April |
3.15% |
-2.03% |
-1.98% |
11.92% |
5.95% |
|
May |
-0.44% |
-1.61% |
3.03% |
5.16% |
15.64% |
|
June |
-4.11% |
-8.63% |
16.14% |
5.31% |
-13.92% |
|
July |
3.76% |
-5.06% |
1.59% |
17.50% |
4.56% |
|
August |
6.64% |
-3.42% |
12.99% |
-1.41% |
-0.23% |
|
September |
-4.68% |
-2.90% |
-7.40% |
-8.52% |
-6.90% |
|
October |
-2.41% |
4.15% |
5.73% |
-1.89% |
2.87% |
|
November |
1.25% |
-0.01% |
-6.44% |
-11.42% |
-1.36% |
|
December |
1.36% |
9.73% |
6.92% |
12.92% |
5.72% |
|
Annual |
21.19% |
-6.90% |
32.56% |
37.32% |
-11.67% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
12.28% |
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 March 31, 2022 |
$3,866,496,121 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$1,464,089,491 |
Net
Asset Value as of March 31, 2022 |
$558,375,842 |
Net
Asset Value per Share3
as of March 31, 2022 |
$39.06 |
Worst
Monthly Loss:4
|
-34.13%
(September 2020) |
Worst
Peak-to-Valley Loss:5
|
-97.51%
(April 2011 - March 2020) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
12.62% |
3.85% |
6.81% |
0.67% |
1.86% |
-8.97% |
February |
11.21% |
-9.39% |
-6.68% |
-18.09% |
-6.37% |
17.38% |
March |
-3.08% |
-2.37% |
-6.79% |
-29.61% |
-14.52% |
4.98% |
April |
-7.53% |
0.65% |
-2.92% |
7.86% |
10.41% |
|
May |
-1.72% |
1.56% |
-5.62% |
51.00% |
16.47% |
|
June |
-9.94% |
-6.78% |
9.58% |
-1.37% |
-13.54% |
|
July |
2.62% |
-7.87% |
14.13% |
65.32% |
-5.39% |
|
August |
6.18% |
-10.29% |
22.48% |
31.26% |
-12.73% |
|
September |
-6.06% |
-5.18% |
-15.15% |
-34.13% |
-16.45% |
|
October |
-1.01% |
-0.15% |
12.79% |
0.07% |
17.43% |
|
November |
-3.35% |
-2.05% |
-12.10% |
-11.20% |
-10.20% |
|
December |
3.12% |
17.23% |
9.49% |
35.08% |
4.18% |
|
Annual |
0.34% |
-21.34% |
20.10% |
59.97% |
-31.31% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
12.17% |
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 March 31, 2022 |
$29,095,552,649 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$7,959,422,134 |
Net
Asset Value as of March 31, 2022 |
$1,127,608,641 |
Net
Asset Value per Share3
as of March 31, 2022 |
$13.50 |
Worst
Monthly Loss:4
|
-48.56%
(November 2020) |
Worst
Peak-to-Valley Loss:5
|
-100.00%
(Inception - December 2021) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-42.60% |
10.20% |
-35.48% |
9.33% |
36.42% |
22.67% |
February |
-11.29% |
48.44% |
-17.46% |
58.78% |
-34.87% |
15.22% |
March |
-26.86% |
12.39% |
-10.08% |
165.90% |
-40.58% |
-22.97% |
April |
-12.79% |
-20.67% |
-18.62% |
-27.02% |
-17.77% |
|
May |
-23.70% |
-16.23% |
25.96% |
-22.77% |
-22.08% |
|
Rate
of Return:6 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
June |
-8.79% |
-2.98% |
-24.06% |
-0.13% |
-22.66% |
|
July |
-25.99% |
-23.74% |
-9.46% |
-24.15% |
2.35% |
|
August |
-0.75% |
-11.63% |
17.21% |
-9.21% |
-23.68% |
|
September |
-28.54% |
-11.59% |
-21.26% |
-11.13% |
12.07% |
|
October |
-26.02% |
67.32% |
-23.74% |
7.28% |
-32.63% |
|
November |
-10.74% |
-16.43% |
-23.67% |
-48.56% |
24.85% |
|
December |
-24.16% |
59.59% |
-14.19% |
-4.09% |
-39.62% |
|
Annual |
-94.06% |
57.60% |
-84.44% |
-15.84% |
-88.37% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
8.87% |
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 March 31, 2022 |
$7,670,415,849 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$511,634,748 |
Net
Asset Value as of March 31, 2022 |
$416,799,231 |
Net
Asset Value per Share3
as of March 31, 2022 |
$5.83 |
Worst
Monthly Loss:4
|
-50.78%
(May 2020) |
Worst
Peak-to-Valley Loss:5
|
-98.56%
(February 2009 - March 2022) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
5.18% |
-13.38% |
-29.89% |
36.14% |
-11.92% |
-24.31% |
February |
-3.06% |
7.43% |
-11.14% |
30.49% |
-28.34% |
-15.37% |
March |
13.56% |
-11.79% |
-9.00% |
126.55% |
-1.78% |
-29.09% |
April |
5.81% |
-12.16% |
-12.55% |
-5.34% |
-14.89% |
|
May |
2.69% |
2.56% |
38.83% |
-50.78% |
-10.32% |
|
June |
8.90% |
-16.97% |
-17.80% |
-19.95% |
-17.59% |
|
July |
-16.58% |
9.02% |
-2.51% |
-7.74% |
-6.87% |
|
August |
8.88% |
-6.01% |
6.76% |
-9.90% |
6.81% |
|
September |
-14.83% |
-11.15% |
-6.54% |
9.25% |
-16.01% |
|
October |
-9.51% |
21.99% |
-2.22% |
18.70% |
-13.75% |
|
November |
-10.56% |
56.22% |
-5.59% |
-33.10% |
29.46% |
|
December |
-10.59% |
15.00% |
-19.44% |
-12.00% |
-23.93% |
|
Annual |
-23.30% |
22.52% |
-59.07% |
-4.76% |
-72.33% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
-54.58% |
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 March 31, 2022 |
$5,236,634,701 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$1,426,058,014 |
Net
Asset Value as of March 31, 2022 |
$404,950,400 |
Name
of Pool: |
ProShares
VIX Short-Term Futures ETF |
Net
Asset Value per Share3
as of March 31, 2022 |
$16.61 |
Worst
Monthly Loss:4
|
-35.26%
(November 2020) |
Worst
Peak-to-Valley Loss:5
|
-99.97%
(September 2011 - December
2021) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-23.72% |
5.70% |
-24.67% |
7.12% |
24.81% |
15.71% |
February |
-5.32% |
47.34% |
-11.73% |
38.55% |
-23.96% |
12.12% |
March |
-13.98% |
9.38% |
-6.13% |
107.86% |
-28.60% |
-15.30% |
April |
-5.35% |
-13.62% |
-12.54% |
-17.16% |
-11.87% |
|
May |
-10.71% |
-10.45% |
18.61% |
-14.30% |
-13.59% |
|
June |
-4.18% |
-1.11% |
-16.49% |
3.69% |
-15.18% |
|
July |
-13.63% |
-16.10% |
-5.94% |
-16.22% |
2.81% |
|
August |
3.95% |
-7.34% |
13.97% |
-5.91% |
-15.95% |
|
September |
-15.03% |
-7.58% |
-14.19% |
-6.72% |
8.99% |
|
October |
-13.61% |
42.86% |
-15.80% |
5.88% |
-22.88% |
|
November |
-5.09% |
-10.42% |
-16.26% |
-35.26% |
19.08% |
|
December |
-12.58% |
37.96% |
-9.11% |
-2.25% |
-27.39% |
|
Annual |
-72.49% |
65.26% |
-68.12% |
11.87% |
-72.51% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
9.88% |
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
|
|
2017 |
2018 |
2019 |
2020 |
2021 |
January |
|
|
21.88% |
58.31% |
-40.24% |
N/A |
February |
|
|
-13.37% |
15.30% |
-37.70% |
N/A |
Marchb
|
|
16.98% |
16.04% |
12.85% |
-97.33% |
N/A |
April |
|
-10.47% |
17.06% |
19.04% |
N/A |
N/A |
May |
|
-10.32% |
-7.95% |
-43.50% |
N/A |
N/A |
June |
|
-16.85% |
25.86% |
24.34% |
N/A |
N/A |
July |
|
24.62% |
-16.39% |
-2.06% |
N/A |
N/A |
August |
|
-15.97% |
6.39% |
-21.33% |
N/A |
N/A |
September |
|
23.61% |
16.64% |
-11.23% |
N/A |
N/A |
October |
|
12.65% |
-29.41% |
0.44% |
N/A |
|
November |
|
15.00% |
-55.93% |
2.64% |
N/A |
|
Rate
of Return:6 |
|
2017 |
2018 |
2019 |
2020 |
2021 |
December |
|
15.42% |
-35.43% |
35.12% |
N/A |
|
Annual |
|
51.15% |
-65.37% |
64.10% |
N/A |
N/A |
Year-to-Date |
|
N/A |
N/A |
N/A |
-99.01% |
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
|
2017 |
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
|
-15.37% |
-17.91% |
-13.66% |
84.56% |
N/A |
N/A |
April |
8.31% |
-18.40% |
-18.72% |
N/A |
N/A |
|
May |
2.69% |
2.79% |
61.35% |
N/A |
N/A |
|
June |
12.44% |
-25.26% |
-26.77% |
N/A |
N/A |
|
July |
-24.62% |
12.74% |
-4.90% |
N/A |
N/A |
|
August |
12.49% |
-9.50% |
7.38% |
N/A |
N/A |
|
September |
-21.91% |
-16.69% |
-15.78% |
N/A |
N/A |
|
October |
-14.52% |
33.47% |
-3.92% |
N/A |
N/A |
|
November |
-15.95% |
90.61% |
-9.40% |
N/A |
N/A |
|
December |
-15.95% |
19.22% |
-28.09% |
N/A |
N/A |
|
Annual |
-57.67% |
17.63% |
-78.59% |
N/A |
N/A |
N/A |
Year-to-Date |
N/A |
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 March 31, 2022 |
$42,781,314 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$(2,309,489) |
Net
Asset Value as of March 31, 2022 |
$2,263,025 |
Net
Asset Value per Share3
as of March 31, 2022 |
$45.26 |
Worst
Monthly Loss:4
|
-11.53%
(April 2020) |
Worst
Peak-to-Valley Loss:5
|
-39.35%
(March 2020 - May 2021) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-9.74% |
-6.36% |
-6.11% |
10.07% |
1.52% |
5.32% |
February |
-2.50% |
7.45% |
4.98% |
5.53% |
-1.72% |
-5.24% |
March |
0.30% |
2.05% |
-0.17% |
10.40% |
2.31% |
-6.16% |
April |
3.82% |
4.04% |
1.45% |
-11.53% |
-3.04% |
|
May |
1.27% |
-1.11% |
3.46% |
-4.79% |
-0.29% |
|
June |
-6.84% |
4.28% |
-2.34% |
-7.42% |
5.34% |
|
July |
-7.95% |
-0.93% |
5.47% |
-7.02% |
4.21% |
|
August |
1.03% |
6.65% |
3.35% |
-6.34% |
0.35% |
|
September |
2.52% |
-1.25% |
-0.36% |
5.75% |
2.18% |
|
October |
4.76% |
4.19% |
-3.94% |
3.47% |
-7.83% |
|
November |
2.16% |
-6.29% |
3.98% |
-8.54% |
11.15% |
|
December |
-6.21% |
7.54% |
-7.07% |
-9.58% |
-4.03% |
|
Annual |
-17.26% |
20.68% |
1.68% |
-21.18% |
9.22% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
-6.35% |
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 March 31, 2022 |
$61,818,137 |
Aggregate
Net Capital Subscriptions2
as of March 31, 2022 |
$1,384,239 |
Net
Asset Value as of March 31, 2022 |
$4,623,400 |
Net
Asset Value per Share3
as of March 31, 2022 |
$46.23 |
Worst
Monthly Loss:4
|
-4.67%
(July 2020) |
Worst
Peak-to-Valley Loss:5
|
-14.14%
(December 2016 -January 2018) |
Rate
of Return:6
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
January |
-2.43% |
-3.26% |
0.43% |
1.40% |
0.66% |
1.23% |
February |
1.93% |
1.88% |
0.96% |
0.66% |
0.55% |
0.37% |
March |
-0.66% |
-0.63% |
1.70% |
-0.08% |
2.89% |
1.28% |
April |
-2.00% |
2.08% |
0.36% |
0.73% |
-2.50% |
|
May |
-2.95% |
3.52% |
0.77% |
-1.39% |
-1.42% |
|
June |
-1.53% |
0.31% |
-1.47% |
-1.21% |
2.74% |
|
July |
-3.43% |
0.11% |
3.06% |
-4.67% |
-0.05% |
|
August |
-0.44% |
0.99% |
1.05% |
-1.38% |
0.46% |
|
September |
0.80% |
0.20% |
1.16% |
1.78% |
1.91% |
|
October |
1.57% |
2.81% |
-1.89% |
0.64% |
0.18% |
|
November |
-2.02% |
0.36% |
1.45% |
-2.38% |
1.93% |
|
December |
-0.54% |
-0.85% |
-1.57% |
-2.41% |
-0.28% |
|
Annual |
-11.24% |
7.58% |
6.05% |
-8.17% |
7.15% |
N/A |
Year-to-Date |
N/A |
N/A |
N/A |
N/A |
N/A |
2.91% |
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 |
Timothy
N. Coakley |
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 and Associated Person of the Sponsor |
Victor
M. Frye |
Principal
of the Sponsor |
Fund |
NAV
Calculation Time |
ProShares
VIX Mid-Term Futures ETF |
4:00
p.m. (Eastern Time) |
ProShares
Ultra Bloomberg Natural Gas |
2:30
p.m. (Eastern Time) |
ProShares
UltraShort Bloomberg Natural Gas |
2:30
p.m. (Eastern Time) |
ProShares
UltraShort Silver |
1:25
p.m. (Eastern Time) |
ProShares
UltraShort Gold |
1:30
p.m. (Eastern Time) |
ProShares
Ultra Euro |
4:00
p.m. (Eastern Time) |
ProShares
UltraShort Euro |
4:00
p.m. (Eastern Time) |
ProShares
Ultra Yen |
4:00
p.m. (Eastern Time) |
ProShares
UltraShort Yen |
4:00
p.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. |
Currency
Fund(s) |
The
Ultra Euro Fund, the UltraShort Euro Fund, the Ultra Yen Fund and/or the
UltraShort Yen Fund |
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 |
EMU |
European
Monetary Union |
EU |
European
Union |
Exchange |
The
exchange on which a Fund is primarily listed and traded (i.e.,
NYSE Arca or Cboe BZX Exchange,
Inc.) |
FCM |
Futures
Commission Merchant |
Financial
Instrument |
Instruments
whose value is derived from the value of an underlying asset, rate,
benchmark or an equity
market
volatility index, including futures contracts, swap agreements, forward
contracts, option contracts,
and
other instruments. |
1933
Act |
Securities
Act of 1933, as amended |
FINRA |
Financial
Industry Regulatory Authority, Inc. |
Fund(s) |
One
or more of the series of the Trust offered
herein. |
Geared
Funds |
The
Ultra Funds and the UltraShort Funds |
Gold
Subindex |
Bloomberg
Gold Subindex |
ICE |
Intercontinental
Exchange |
IRS |
United
States Internal Revenue Service |
Matching
Fund |
The
VIX Futures Fund |
Natural
Gas Funds |
The
Ultra Natural Gas Fund and the UltraShort Natural Gas
Fund |
Natural
Gas Subindex |
Bloomberg
Natural Gas Subindex |
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. |
OTC |
Over-The-Counter |
PDI |
ProFunds
Distributors, Inc. |
Position
Limit Rules |
The
requirement of U.S. commodities exchanges to establish corresponding
speculative position limits. |
Precious
Metals Fund(s) |
The
UltraShort Silver Fund and/or the UltraShort Gold
Fund |
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 and 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 the Funds. |
Silver
Subindex |
Bloomberg
Silver Subindex |
Sponsor |
ProShare
Capital Management LLC |
Title
VII |
Title
VII of Dodd Frank |
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.K. |
United
Kingdom |
1933
Act |
Securities
Act of 1933, as amended |
Ultra
Fund(s) |
The
Ultra Natural Gas Fund, the Ultra Euro Fund, and/or the Ultra Yen
Fund |
UltraShort
Fund(s) |
The
UltraShort Natural Gas Fund, the UltraShort Euro Fund, the UltraShort Yen
Fund and/or the Precious
Metals
Funds |
U.S. |
United
States of America |
VIX |
Cboe
Volatility Index |
VIX
Index |
Cboe
Volatility Index |