About the Schedule K-1
Certain investment products, including Volatility, Currency, and Commodity ETFs are structured to operate as partnerships. They issue a Schedule K-1 to each partner (i.e., investor) to report their share of income, gains, losses, deductions, or of any other taxable event. For a more detailed description of the Schedule K-1, see the FAQs.
All ProShares Trust II products are structured as commodity pools, which generate K-1 forms. This includes our Volatility, Commodity and Currency ETFs, which are listed below:
Schedule K-1 packages for ProShares ETF investors are expected to be available mid-March