Company: EUO
Filing Date: 2025-03-28
Form Type: 424B3
Source: 0001193125-25-065648
Chunk: 13

Company: ProShares Trust II
Filing Date: 2025-03-28
Form: 424B3
Chunk 13
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 beginning on page 66 , for more detailed tables showing Breakeven Amounts.

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| Fund Name                                | Breakeven Amount(% Per Annum ofAverageDaily NAV)* | AssumedSellingPricePer Share* | Breakeven Amount($ for theAssumed SellingPrice Per Share)* |
| ProShares Ultra Bloomberg Crude Oil      | 0.00%                                             |                        $30.00 |                                                      $0.00 |
| ProShares UltraShort Bloomberg Crude Oil | 0.00%                                             |                        $15.00 |                                                      $0.00 |
| ProShares Ultra Gold                     | 0.00%                                             |                       $105.00 |                                                      $0.00 |
| ProShares Ultra Silver                   | 0.00%                                             |                        $40.00 |                                                      $0.00 |

* The breakeven analysis set forth in this table assumes that the Shares have a constant NAV equal to the amount shown. The amount approximates the NAV of such shares based on recent NAV history as of January 31, 2025, rounded to the nearest $5. The actual NAV of each Fund differs and is likely to change on a daily basis. The numbers in this chart have been rounded to the nearest 0.01. Current Developments Ongoing geopolitical events, such as Russia’s continued military actions against Ukraine which started in February 2022, the Israel-Hamas conflict, and the Houthi movement’s attacks on marine vessels in the Red Sea and U.S. responses have had, and may continue to have, an impact on certain commodities markets, particularly the market for crude oil, commodity futures markets, including futures on crude oil, and the prices of the Crude Oil Funds. Crude oil was stable for the entirety of 2024. The futures curve remained mostly flat with crude futures consistently settling in the $70’s. There was low volatility considering it was an election year that resulted in a political regime change and the potential for future policies that could impact energy markets. While a ceasefire agreement between Israel and Hamas was reached in January 2025, there is no guarantee that the parties will continue to comply with the terms of the agreement and the agreement does not mean the conflict will be resolved. The possibility of a continued and prolonged conflict between Hamas and Israel, and the potential expansion of the conflict in the surrounding areas and the involvement of other nations in such conflict, could further destabilize the Middle East region and introduce new uncertainties in global markets, including the