|ProShares||Ticker Symbol||Index/Benchmark||Daily Objective|
|New Volatility ETFs|
|Ultra VIX Short-TermFutures||UVXY||S&P 500 VIX Short-Term Futures||2x|
|Short VIX Short-TermFutures||SVXY||S&P 500 VIX Short-Term Futures||-1x|
|Existing Volatility ETFs|
|VIX Short-Term Futures||VIXY||S&P 500 VIX Short-Term Futures||1x|
|VIX Mid-Term Futures||VIXM||S&P 500 VIX Mid-Term Futures||1x|
This information must be accompanied or preceded by a current ProShares Trust II prospectus available here . ProShares Trust II (issuer) has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at sec.gov . Alternatively, the issuer will arrange to send you the prospectus if you request it by calling toll-free (866) 776.5125, or visit proshares.com .“Standard & Poor's, ®” “S&P, ®” “S&P 500, ®” “Standard & Poor's 500, ®” “S&P 500 ® VIX ® Short-Term Futures Index, TM” and “S&P 500 ® VIX ® Mid-Term Futures Index, TM” are trademarks of Standard & Poor's Financial Services LLC (“S&P”) and have been licensed for use by ProShares. “VIX ®” is a trademark of the Chicago Board Options Exchange, Incorporated (“CBOE”) and CBOE has agreed that S&P may use the “VIX ®” trademark in the names of the Indexes as licensed to ProShares. ProShares have not been passed on by S&P or CBOE or their respective affiliates as to their legality or suitability. ProShares are not sponsored, endorsed, sold or promoted by S&P or CBOE or their respective affiliates, and S&P and CBOE and their respective affiliates make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR 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.