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ProShares proxy voting record, 2023-2024

ProShares reported 317,105 proxy votes on Form N-PX for the 2024 season. On the 248,490 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 92.0% of the time. On the 7,569 environmental and social proposals put on the ballot by shareholders, it voted FOR 39.4% of the time.

2023-20242024-20252025-2026

On the board’s own proposals

92.0% FOR of 248,490 fund votes on board proposals in 2023-2024: directors, pay, auditor, capital.

FOR 228,528 AGAINST 8,639 Abstained or withheld 11,323

How we count these

On proposals shareholders put on the ballot

39.4% FOR of 7,569 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 6,580.

FOR 2,984 AGAINST 4,585 Abstained 0

See the 2,984 it backed →

How we count these

By proposal type

A single “voted with management” figure makes every manager look the same: director elections are most of the volume and nearly everyone votes FOR them. The record is therefore reported per category, using the category the filer itself put on each item in its N-PX.

ProShares, 2023-2024. “Decided” is FOR + AGAINST, the denominator of the two percentage columns; abstentions and withheld votes are shown separately and are never inside a percentage. Counted in ballot items — one fund’s vote on one proposal at one meeting — never in shares.
Proposal typePut on the ballot by ItemsDecided Voted FORVoted AGAINST Abstained / withheld
Director Elections Board (144 inferred) 177,669 164,227 98.1% 1.9% 11,249
Director Elections Shareholders 164 20 100.0% 0.0% 144
Say-on-Pay Board 30,996 26,754 89.2% 10.8% 15
Say-on-Pay Shareholders (46 inferred) 46 23 100.0% 0.0% 0
Audit-related Board 29,565 29,565 99.9% 0.1% 0
Audit-related Shareholders (23 inferred) 65 62 96.8% 3.2% 3
Corporate Governance Board 9,866 9,828 90.4% 9.6% 29
Corporate Governance Shareholders 3,010 3,007 59.7% 40.3% 3
Compensation Board (34 inferred) 10,801 10,739 78.2% 21.8% 55
Compensation Shareholders 1,071 1,071 34.8% 65.2% 0
Capital Structure Board 4,539 4,539 94.5% 5.5% 0
Capital Structure Shareholders 114 114 99.1% 0.9% 0
Other Social Issues Board 161 161 99.4% 0.6% 0
Other Social Issues Shareholders 4,275 4,275 31.6% 68.4% 0
Environment or Climate Board 96 95 100.0% 0.0% 1
Environment or Climate Shareholders 3,347 3,347 26.9% 73.1% 0
Diversity, Equity, and Inclusion Board 89 89 100.0% 0.0% 0
Diversity, Equity, and Inclusion Shareholders 1,996 1,996 29.6% 70.4% 0
Human Rights or Human Capital/workforce Board 83 83 100.0% 0.0% 0
Human Rights or Human Capital/workforce Shareholders 1,704 1,704 31.3% 68.7% 0
Extraordinary Transactions Board 1,523 1,507 97.6% 2.4% 16
Extraordinary Transactions Shareholders 31 31 0.0% 100.0% 0
Shareholder Rights and Defenses Board 729 717 97.5% 2.5% 1
Shareholder Rights and Defenses Shareholders 262 252 82.9% 17.1% 0
Other Board 166 166 86.7% 13.3% 0
Other Shareholders 11 11 81.8% 18.2% 0
Investment Company Matters Board 1 1 0.0% 100.0% 0

An item the filer put in two categories is counted in both rows, so the rows add up to more than the total. Who put an item on the ballot is decided item by item: the filer’s own answer on Form N-PX (Item 1(h)), or, where the filing does not give one, the proposal’s own wording (247 items, shown as inferred). The two figures above use only part of these rows: the board figure, board proposals on directors, pay, the auditor, capital, transactions and fund matters; the shareholder figure, environmental, social, workforce and diversity shareholder proposals at US-listed companies. How we count these

Every proposal where ProShares broke with the board (2,941 distinct proposals) →

What is being counted

The unit is a fund-level observation: one fund’s vote on one proposal at one meeting. It is not a share, not a filing line and not a proposal.
ProShares filed 317,105 vote records for 2023-2024; after removing votes filed twice in different N-PX filings, that is 276,817 ballot items (fund-level observations) across 3,361 issuer names and 128 funds. They cover 29,846 distinct proposals: one proposal voted by twenty of its funds is twenty ballot items here and one proposal. Proposals are counted per issuer name and meeting, and wordings of the same director nominee are counted once; two different wordings of any other proposal count twice, so this is an upper bound. A fund that reported several directions for the same item is a split vote, counted on its own (see the table below) and not collapsed into the larger direction. “Issuer names” is literal: filers spell the same company several ways and those are counted separately here, so this runs higher than the number of distinct companies.
Share counts are not used anywhere on this page.
Share figures in N-PX carry their own long list of corrections in this dataset, and a share-weighted rate would inherit every one of them. Every percentage here is a count of items.
Abstentions are reported, never hidden inside a percentage.
On the board’s own proposals an abstention or a withheld vote is not support, so it is in the denominator of the FOR figure and not in its numerator. On shareholder proposals an abstention is neither support nor opposition, so it is excluded from the denominator and shown on its own.
6,480 items are outside both headline figures.
Besides the table rows neither figure uses:
ExcludedItemsWhy
Not voted0 Reported as not voted, take no action or do not vote. No position was expressed, so there is nothing to count.
Other ballot type4,250 Frequency ballots (one / two / three years) and anything else that is not a FOR, AGAINST, abstention or withhold.
Direction indeterminate0 The fund reported several directions for one ballot item with no shares attached to any of them, so which way it voted cannot be established.
Split vote2,230 The fund voted its shares in more than one direction on the item (for example some FOR and some AGAINST), the smaller part at least 5% of its shares. It is not collapsed into the larger part.

About this page

Every figure is derived from Form N-PX, the filing in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes). Figures are rebuilt weekly; this page was built on October 13, 2026. The interactive database shows the same votes company by company, including every individual fund.

ProShares proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.