Company:  PROSHARES TRUST (SH)
Form Type:  497
Filing Date:  6/12/2008 
CIK:  0001174610 
Address:  7501 WISCONSIN AVENUE
SUITE 1000
 
City, State, Zip:  BETHESDA, Maryland 20814 
Telephone:  240-497-6400 
Fiscal Year:  05/31 
Last Trade
Last Trade: 
$28.60  
Change: 
-0.0499 (-0.17%)  
Trade Time: 
12:19 PM EST  
Market Cap: 
$1.77B
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  FORM 497
    ProShare Advisors LLC-Investment Advisor
    Overview of Investment Objectives, Principal Investment ...
    Overview of Investment Objectives, Principal Investment ...
    Overview of Investment Objectives, Principal Investment ...
    Investment Objectives
    Principal Investment Strategies
    Principal Risks
    Overview of Investment Objectives, Principal Investment ...
    Overview of Investment Objectives, Principal Investment ...
    Overview of Investment Objectives, Principal Investment ...
    Overview of Investment Objectives, Principal Investment ...
    Investment Objective
    Principal Investment Strategy
    Principal Risks
    Fund Performance
    Estimated Fees and Expenses
      OPERATING EXPENSES
    Investment Objective
    Principal Investment Strategy
    Principal Risks
    Fund Performance
    Estimated Fees and Expenses
      OPERATING EXPENSES
    Determination of NAV
    Management of ProShares Trust
    Management of ProShares Trust
    Board of Trustees and Officers
    Investment Advisor
    Portfolio Management
    STATEMENT OF ADDITIONAL INFORMATION
      INVESTMENT POLICIES, TECHNIQUES AND RELATED RISKS
      Estimated Fund Return Over One Year When the Fund Objective ...
        FUND PERFORMANCE
        FUND PERFORMANCE
      Estimated Fund Return Over One Year When the Fund Objective ...
        FUND PERFORMANCE
      PORTFOLIO TRANSACTIONS AND BROKERAGE
      MANAGEMENT OF PROSHARES TRUST
      Trustees and Officers
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        TRUSTEE OWNERSHIP
        COMPENSATION TABLE
      Control Persons and Principal Holders of Securities
        BENEFICIAL OWNERS
        BENEFICIAL OWNERS
        BENEFICIAL OWNERS
        SALES CHARGES
        BENEFICIAL OWNERS
        BENEFICIAL OWNERS
        BENEFICIAL OWNERS
        SALES CHARGES
        BENEFICIAL OWNERS
      INVESTMENT ADVISOR
      Portfolio Management
        TRUSTEE OWNERSHIP
      Investment Advisory Agreement
        SALES CHARGES
      Codes of Ethics
      COSTS AND EXPENSES
      ADDITIONAL INFORMATION CONCERNING SHARES
      PURCHASE AND REDEMPTION OF SHARES
      Determination of Net Asset Value
      FINANCIAL STATEMENTS