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as of 11/14/2025

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Daily objective is before fees and expenses.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about a specific ETF's fee waiver, please view its product page by clicking on the fund name or ticker above.

For Volatility, Currency and Commodity funds (excluding OILK) the expense ratio does not include brokerage commissions and related fees paid by the fund.

Futures brokerage commissions are currently paid by the sponsor.

Some funds may include significant acquired fund fees and expenses incurred indirectly through the fund's ownership of shares in other investment companies, such as business development companies. These fees are not direct costs paid by shareholders or used to calculate net asset value. See the prospectus for more information.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see Performance.

Volatility, Commodity and Currency Funds (excluding OILK) are not an investment company regulated under the Investment Company Act of 1940 and is not afforded its protections. These funds generate a K-1 tax form. Investing in this ETF involves substantial risk, including loss of principal. This ETF may not be suitable for all investors.

Shares of these funds are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. ProShares ETFs are generally non-diversified and each entails certain risks, which may include risks associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Short ProShares ETFs should lose money when their benchmarks or indexes rise. Please see their summary and full prospectuses for a more complete description of risks.

There is no guarantee any ProShares ETF will achieve its investment objective.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing. 

"QQQ,®" "Nasdaq-100®" and "NASDAQ Biotechnology Index®" are trademarks of The Nasdaq, Inc. "Standard & Poor's,®" "S&P,®" "S&P 500,®" "S&P MidCap 400,®" "S&P SmallCap 600,®" "Standard & Poor's 500,®" "S&P 500® VIX® Short-Term Futures IndexTM", "S&P 500® VIX® Mid-Term Futures IndexTM", "S&P CME Bitcoin Futures Index," "S&P Merger Arbitrage," "S&P 500® Dividend Aristocrats®," "S&P Strategic Futures Index," "S&P 400 MidCap® Dividend Aristocrats,®" "S&P 500 Ex-Energy Index," "S&P 500 Ex-Financials Index," "S&P 500 Ex-Health Care Index," "S&P 500 Ex-Information Technology Index," "S&P 500/MarketAxess® Investment Grade Corporate Bonds Index," "S&P® Technology Dividend Aristocrats®," "S&P Kensho Cleantech Index,” "S&P Kensho Smart Factories Index,” "S&P Select Sector Indices," "Dow Jones Index," "DJ," "Dow Jones Industrial Average,SM" "The Dow 30,SM" "Dow Jones U.S. Sector Indexes," and "Dow Jones Brookfield Global Infrastructure Composite Index" are products of S&P Dow Jones Indices LLC and its affiliates. The "Russell 2000® Index," "Russell 2000® Dividend Growth Index," "Russell 3000® Dividend Elite Index," and "Russell®" are trademarks of Russell Investment Group. "MSCI," "MSCI Inc.," "MSCI Index" and "EAFE" are service marks of MSCI. "Bloomberg®" and the names identifying each of the individual Bloomberg Commodity Subindexes, Bloomberg Bitcoin Index and Bloomberg Ethereum Index are trademarks or service marks of Bloomberg Finance L.P. and its affiliates (collectively, "Bloomberg"). The "ICE U.S. Treasury 20+ Year Bond Index" and "ICE U.S. Treasury 7-10 Year Bond Index" are trademarks of Intercontinental Exchange, Inc. ("ICE"). "iBoxx®" is a registered trademark of Markit Indices Limited. "Credit Suisse" and "Credit Suisse 130/30 Large Cap Index™" are trademarks of Credit Suisse Securities (USA) LLC or one of its affiliates. "Research Affiliates Fundamental Index®" and "RAFI®" are trademarks of Research Affiliates, LLC. "Merrill Lynch Factor Model®" Exchange Series," "Merrill Lynch Factor Model,®" and "Merrill Lynch International™" are intellectual property of Merrill Lynch, Pierce, Fenner & Smith IncorporatedTM or its affiliates ("BofAML"). "CITI" is a trademark and service mark of Citigroup Inc. or its affiliates, and is used and registered throughout the world. "LPX® Direct Listed Private Equity Index" and "LPX®" are registered trademarks of LPX GmbH. "Deutsche Bank" and "DBIQ Short Duration Emerging Market Bond IndexSM" are service marks of Deutsche Bank AG. "Morningstar® Diversified Alternatives IndexSM" is a product of Morningstar, Inc. "FTSE Developed Europe All Cap Index" and "FTSE RAFI US 1000 Long/Short Total Return Index" are trademarks of the FTSE International Limited ("FTSE"). "Solactive AG" is a registered trademark of Solactive AG. The "FactSet Pet Care Index," "FactSet Big Data Refiners Index," "FactSet On-Demand Index" and "FactSet" are trademarks of FactSet Research Systems Inc. All have been licensed for use by ProShares. "VIX®" is a trademark of the Chicago Board Options Exchange, Incorporated ("Cboe") and has been licensed for use by S&P Dow Jones Indices LLC. "S&P®" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and "Dow Jones®" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. "FTSE®" is a trademark of the London Stock Exchange Group and The Financial Times Limited and is used by FTSE International Limited ("FTSE") under license. ProShares have not been passed on by these entities or their subsidiaries or affiliates as to their legality or suitability. ProShares are not sponsored, endorsed, sold or promoted by these entities or their subsidiaries or affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR SUBSIDIARIES AND AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

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