AMENDMENT #40 is made as of September 8, 2015, to the DOMESTIC CUSTODY AGREEMENT, between JPMORGAN CHASE BANK, N.A. (“Bank”) and PROSHARES TRUST (“ProShares”), dated as of May 25, 2006, as amended from time to time (the “Agreement”).

Exhibit (g)(1)(e)

The Bank and ProShares hereby agree to replace each of Exhibit 1 and Schedule A to the Agreement in their entirety with the respectively corresponding Exhibit 1 and Schedule A attached hereto. Except as amended hereby, all other terms and conditions of the Agreement remain unchanged and the Agreement shall remain in full force and effect and the parties agree that as of date hereof, this Amendment shall form a part of the Agreement.

IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their respective officers or authorized representatives as of the day and year first above written.


PROSHARES TRUST

/s/ Xxxx X. Xxxxxxx
Name:		Xxxx X. Xxxxxxx
Title:		President

JPMORGAN CHASE BANK, N.A.

/s/ Xxxx Xxxxx Calla Xxxxxxx
Name:		Xxxx Xxxxx Calla Xxxxxxx
Title:		Vice President

EXHIBIT 1

PROSHARES TRUST PORTFOLIOS

THAT ARE

PARTIES TO THIS DOMESTIC CUSTODY AGREEMENT

(As of September 8, 2015)


NAME	Tax ID
1. ProShares Short S&P500		00-0000000

2. ProShares Short QQQ		00-0000000

3. ProShares Short Dow30		00-0000000

4. ProShares Short MidCap400		00-0000000

5. ProShares UltraShort S&P500		00-0000000

6. ProShares UltraShort QQQ		00-0000000

7. ProShares UltraShort Dow30		00-0000000

8. ProShares UltraShort MidCap400		00-0000000

9. ProShares Ultra S&P500		00-0000000

10. ProShares Ultra QQQ		00-0000000

11. ProShares Ultra Dow30		00-0000000

12. ProShares Ultra MidCap400		00-0000000

13. ProShares Ultra SmallCap600		00-0000000

14. ProShares Ultra Russell2000		00-0000000

15. ProShares Short SmallCap600		00-0000000

16. ProShares Short Russell2000		00-0000000

17. ProShares UltraShort SmallCap600		00-0000000

18. ProShares UltraShort Russell2000		00-0000000

19. ProShares Ultra Basic Materials		00-0000000

20. ProShares Ultra Consumer Goods		00-0000000

21. ProShares Ultra Consumer Services		00-0000000

22. ProShares Ultra Financials		00-0000000

23. ProShares Ultra Health Care		00-0000000

24. ProShares Ultra Industrials		00-0000000

25. ProShares Ultra Oil & Gas		00-0000000

26. ProShares Ultra Real Estate		00-0000000



27. ProShares Ultra Semiconductors			00-0000000

28. ProShares Ultra Technology			00-0000000

29. ProShares Ultra Utilities			00-0000000

30. ProShares UltraShort Basic Materials			00-0000000

31. ProShares UltraShort Consumer Goods			00-0000000

32. ProShares UltraShort Consumer Services			00-0000000

33. ProShares UltraShort Financials			00-0000000

34. ProShares UltraShort Health Care			00-0000000

35. ProShares UltraShort Industrials			00-0000000

36. ProShares UltraShort Oil & Gas			00-0000000

37. ProShares UltraShort Real Estate			00-0000000

38. ProShares UltraShort Semiconductors			00-0000000

39. ProShares UltraShort Technology			00-0000000

40. ProShares UltraShort Utilities			00-0000000

41. ProShares Ultra Russell1000 Value			00-0000000

42. ProShares Ultra Russell1000 Growth			00-0000000

43. ProShares Ultra Xxxxxxx MidCap Value			00-0000000

44. ProShares Ultra Xxxxxxx XxxXxx Growth			00-0000000

45. ProShares Ultra Russell2000 Value			00-0000000

46. ProShares Ultra Russell2000 Growth			00-0000000

47. ProShares UltraShort Russell1000 Value			00-0000000

48. ProShares UltraShort Russell1000 Growth			00-0000000

49. ProShares UltraShort Xxxxxxx MidCap Value			00-0000000

50. ProShares UltraShort Xxxxxxx XxxXxx Growth			00-0000000

51. ProShares UltraShort Russell2000 Value			00-0000000

52. ProShares UltraShort Russell2000 Growth			00-0000000

53. ProShares Short MSCI Emerging Markets			00-0000000

54. ProShares Short MSCI EAFE			00-0000000

55. ProShares UltraShort MSCI Emerging Markets			00-0000000

56. ProShares UltraShort MSCI Japan			00-0000000



57. ProShares UltraShort MSCI EAFE			00-0000000

58. ProShares UltraShort FTSE China 50			00-0000000

59. ProShares UltraShort 7-10 Year Treasury			00-0000000

60. ProShares UltraShort 20+ Year Treasury			00-0000000

61. ProShares Ultra FTSE China 50			00-0000000

62. ProShares Ultra MSCI Japan			00-0000000

63. ProShares Ultra Telecommunications			00-0000000

64. ProShares UltraShort Telecommunications			00-0000000

65. ProShares Short Financials			00-0000000

66. ProShares Short Oil & Gas			00-0000000

67. ProShares Ultra MSCI EAFE			00-0000000

68. ProShares Ultra MSCI Emerging Markets			00-0000000

69. ProShares Ultra Russell3000			00-0000000

70. ProShares UltraShort Europe			00-0000000

71. ProShares UltraShort MSCI Pacific ex-Japan			00-0000000

72. ProShares UltraShort MSCI Brazil Capped			00-0000000

73. ProShares UltraShort MSCI Mexico Capped IMI			00-0000000

74. ProShares UltraShort Russell3000			00-0000000

75. ProShares Large Cap Core Plus			00-0000000

76. ProShares UltraPro S&P500			00-0000000

77. ProShares UltraPro Short S&P500			00-0000000

78. ProShares Short 20+ Year Treasury			00-0000000

79. ProShares Ultra 7-10 Year Treasury			00-0000000

80. ProShares Ultra 20+ Year Treasury			00-0000000

81. ProShares UltraPro Dow30			00-0000000

82. ProShares UltraPro MidCap400			00-0000000

83. ProShares UltraPro Russell2000			00-0000000

84. ProShares UltraPro QQQ			00-0000000

85. ProShares UltraPro Short Dow30			00-0000000

86. ProShares UltraPro Short MidCap400			00-0000000



87. ProShares UltraPro Short Russell2000			00-0000000

88. ProShares UltraPro Short QQQ			00-0000000

89. ProShares Short Basic Materials			00-0000000

90. ProShares Short Real Estate			00-0000000

91. ProShares Short FTSE China 50			00-0000000

92. ProShares Ultra Nasdaq Biotechnology			00-0000000

93. ProShares UltraShort Nasdaq Biotechnology			00-0000000

94. ProShares Ultra S&P Regional Banking			00-0000000

95. ProShares Short S&P Regional Banking			00-0000000

96. ProShares Ultra Europe			00-0000000

97. ProShares Ultra MSCI Pacific ex-Japan			00-0000000

98. ProShares Ultra MSCI Brazil Capped			00-0000000

99. ProShares Ultra MSCI Mexico Capped IMI			00-0000000

100. ProShares RAFI Long/Short			00-0000000

101. ProShares Hedge Replication ETF			00-0000000

102. ProShares UltraShort TIPS			00-0000000

103. ProShares Short High Yield			00-0000000

104. ProShares Short Investment Grade Corporate			00-0000000

105. ProShares UltraShort 3-7 Year Treasury			00-0000000

106. ProShares Short 7-10 Year Treasury			00-0000000

107. ProShares Ultra High Yield			00-0000000

108. ProShares Ultra Investment Grade Corporate			00-0000000

109. ProShares German Sovereign/Sub-Sovereign ETF			00-0000000

110. ProShares UltraPro 10 Year TIPS/TSY Spread			00-0000000

111. ProShares UltraPro Short 10 Year TIPS/TSY Spread			00-0000000

112. ProShares 30 Year TIPS/TSY Spread			00-0000000

113. ProShares Short 30 Year TIPS/TSY Spread			00-0000000

114. ProShares UltraPro MSCI Emerging Markets			00-0000000

115. ProShares UltraPro Short MSCI Emerging Markets			00-0000000

116. ProShares UltraPro 20+ Year Treasury			00-0000000



117. ProShares UltraPro Short 20+ Year Treasury			00-0000000

118. ProShares USD Covered Bond			00-0000000

119. ProShares UltraPro Financials			00-0000000

120. ProShares UltraPro Short Financials			00-0000000

121. ProShares Merger ETF			00-0000000

122. ProShares Global Listed Private Equity ETF			00-0000000

123. ProShares High Yield-Interest Rate Hedged			00-0000000

124. ProShares S&P 500 Aristocrats ETF			00-0000000

125. ProShares Investment Grade – Interest Rate Hedged			00-0000000

126. ProShares Short Term USD Emerging Markets Bond ETF			00-0000000

127. ProShares DJ Brookfield Global Infrastructure			00-0000000

128. ProShares CDS North American HY Credit ETF			00-0000000

129. ProShares CDS Short North American HY Credit ETF			00-0000000

130. ProShares CDS North American IG Credit ETF			00-0000000

131. ProShares CDS Short North American IG Credit ETF			00-0000000

132. ProShares MSCI EAFE Dividend Growers ETF			00-0000000

133. ProShares MSCI Emerging Markets Dividend Growers ETF			00-0000000

134. ProShares Morningstar Alternatives Solution ETF			00-0000000

135. ProShares USD Emerging Markets Bond - Interest Rate Hedged			00-0000000

136. ProShares Xxxxxxx 2000 Dividend Growers ETF			00-0000000

137. ProShares S&P Midcap 400 Dividend Aristocrats ETF			00-0000000

138. ProShares Ultra Gold Miners			00-0000000

139. ProShares Ultra Junior Miners			00-0000000

140. ProShares UltraShort Gold Miners			00-0000000

141. ProShares UltraShort Junior Miners			00-0000000

142. ProShares UltraPro Nasdaq Biotechnology			00-0000000

143. ProShares UltraPro Short Nasdaq Biotechnology			00-0000000

144. ProShares Ultra Oil & Gas Exploration & Production			00-0000000

145. ProShares UltraShort Oil & Gas Exploration & Production			00-0000000

146. ProShares Ultra Homebuilders & Supplies			00-0000000



147. ProShares UltraShort Homebuilders & Supplies			00-0000000

148. ProShares Hedged FTSE Europe ETF			00-0000000

149. ProShares Hedged FTSE Japan ETF			00-0000000

150. ProShares MSCI Europe Dividend Growers ETF			00-0000000

151. ProShares S&P 500 ex-Energy ETF			00-0000000

152. ProShares S&P 500 ex-Financials ETF			00-0000000

153. ProShares S&P 500 ex-Health Care ETF			00-0000000

154. ProShares S&P 500 ex-Technology ETF			00-0000000

155. ProShares Managed Futures Strategy ETF			00-0000000

SCHEDULE A

PROSHARES TRUST

FEE SCHEDULE

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

from

JPMORGAN CHASE BANK, N.A.

A.	Global Custody Core Service Fees (all funds except ProShares Morningstar Alternatives Solution ETF)


US Tiered Safekeeping Fee
From	To	Annual Fee Basis Points
[Redacted]	[Redacted]	[Redacted]
[Redacted]	[Redacted]	[Redacted]
[Redacted]	[Redacted]	[Redacted]


Other Transactions	Fee per transaction
Transactions – DTC non-Xxxxxxx index funds		[Redacted	]
Transactions – DTC Xxxxxxx index funds		[Redacted	]
Transactions – Fed Book Entry		[Redacted	]
Transactions – Physical/Private Placement		[Redacted	]
Futures/ Options		[Redacted	]
Wires		[Redacted	]
In-Kind Transactions non-Xxxxxxx index funds		[Redacted	]
In-Kind Transactions Xxxxxxx index funds		[Redacted	]
Manual Instruction Surcharge		[Redacted	]

B.	Global Custody Core Service Fees (ProShares Morningstar Alternatives Solution ETF)

*All Fees in: US Dollar

Safekeeping and administration charges are applied to the market value of assets held at the end of the billing period. Transaction charges are applied to all securities transactions (including receives/delivers versus payment and free receives/delivers), effected during the billing period. Transaction prices below presume that X.X. Xxxxxx receives valid instructions in an electronic format that enables straight-through processing (STP), when applicable; trade instructions that require manual input or repair will incur a surcharge.


Country of Settlement	Safekeeping & Administration			Transactions (Buys/Sells, Receive/Deliver Free)
Country of Settlement	Basis Point Fee			Fee per STP Transaction
United States		[Redacted	]		[Redacted	]


U.S. Transaction Fees	Fee per Transaction
Transactions - DTC		[Redacted	]
Transactions - FBE		[Redacted	]
Transactions - Physical/Private Placement		[Redacted	]
Futures/Options		[Redacted	]


Other Transaction Fees	Fee per Transaction
Checks		[Redacted	]
Wires		[Redacted	]
CLS Transactions (per leg)		[Redacted	]
Interaccount Transfer (Cash and Securities, per side)		[Redacted	]
Memo Posting *		[Redacted	]
Cancelled Trade (in addition to transaction charge)		[Redacted	]
Amendments (in addition to transaction charge)		[Redacted	]
Manual Instruction Surcharge (in addition to transaction charge) **		[Redacted	]
Electronic Non-STP Surcharge (in addition to transaction charge) ***		[Redacted	]
Manual Corporate Action Instruction		[Redacted	]
Proxy (per vote)		[Redacted	]

*	Memos: [Redacted]

**	Manual Instruction Surcharge: [Redacted]

***	Electronic Non-STP Surcharge: [Redacted]

C.	Out-of-Pocket Fees (Custody Only)

[Redacted]

FEE SCHEDULE (continued)

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

D. Global Fee Schedule

Global Custody Core Service Fees

Asset charges (per annum) and Transaction charges (per security movement). These global custody fees are all the fees contemplated in Section 4.1 of the Global Custody Rider to this agreement.


Country of Settlement	Safekeeping & Administration			Transactions (Buys/Sells, Receive/Deliver Free)
Country of Settlement	Basis Point Fee			$ Fee per STP Transaction
Argentina		[Redacted	]		[Redacted	]
Australia		[Redacted	]		[Redacted	]
Austria		[Redacted	]		[Redacted	]
Belgium		[Redacted	]		[Redacted	]
Brazil		[Redacted	]		[Redacted	]
Canada		[Redacted	]		[Redacted	]
Chile		[Redacted	]		[Redacted	]
China		[Redacted	]		[Redacted	]
Colombia		[Redacted	]		[Redacted	]
Clearstream		[Redacted	]		[Redacted	]
Czech Republic		[Redacted	]		[Redacted	]
Denmark		[Redacted	]		[Redacted	]
Euroclear		[Redacted	]		[Redacted	]
Egypt		[Redacted	]		[Redacted	]
Finland		[Redacted	]		[Redacted	]
France		[Redacted	]		[Redacted	]
Germany		[Redacted	]		[Redacted	]
Greece		[Redacted	]		[Redacted	]
Hong Kong		[Redacted	]		[Redacted	]
Hungary		[Redacted	]		[Redacted	]
India		[Redacted	]		[Redacted	]
Indonesia		[Redacted	]		[Redacted	]
Ireland		[Redacted	]		[Redacted	]
Israel		[Redacted	]		[Redacted	]
Italy		[Redacted	]		[Redacted	]
Japan		[Redacted	]		[Redacted	]
Jordan		[Redacted	]		[Redacted	]
Korea		[Redacted	]		[Redacted	]
Malaysia		[Redacted	]		[Redacted	]
Mexico		[Redacted	]		[Redacted	]
Morocco		[Redacted	]		[Redacted	]
Netherlands		[Redacted	]		[Redacted	]


Country of Settlement	Safekeeping & Administration			Transactions (Buys/Sells, Receive/Deliver Free)
Country of Settlement	Basis Point Fee			$ Fee per STP Transaction
New Zealand		[Redacted	]		[Redacted	]
Norway		[Redacted	]		[Redacted	]
Pakistan		[Redacted	]		[Redacted	]
Peru		[Redacted	]		[Redacted	]
Philippines		[Redacted	]		[Redacted	]
Poland		[Redacted	]		[Redacted	]
Portugal		[Redacted	]		[Redacted	]
Russia		[Redacted	]		[Redacted	]
Singapore		[Redacted	]		[Redacted	]
South Africa		[Redacted	]		[Redacted	]
Spain		[Redacted	]		[Redacted	]
Sweden		[Redacted	]		[Redacted	]
Switzerland		[Redacted	]		[Redacted	]
Taiwan		[Redacted	]		[Redacted	]
Thailand		[Redacted	]		[Redacted	]
Turkey		[Redacted	]		[Redacted	]
United Kingdom		[Redacted	]		[Redacted	]

[Redacted]

FEE SCHEDULE (continued)

FOR

GLOBAL CUSTODY AND AGENCY SERVICES

E.	Agency Services

JPMorgan shall be entitled to receive transaction fees from Authorized Participants (APs) according to the following schedule.

JPMorgan is entitled to transaction fees even if the fee is not delivered or required to be delivered from the Authorized Participant. If the transaction fee is not delivered by the Authorized Participant than the fee will be paid to JPMorgan by the relevant fund.

For all “Ultra” funds where a cash Creation Unit transaction (purchases or redemptions) occurs; JPM will reimburse the funds for any transaction fee collected from APs above [Redacted]

Transaction fee schedule charged to create or redeem Creation Units regardless of number of units redeemed or created for an order:

For funds with a Fund Style of Currency Hedged, JPM will reimburse the funds for any transaction fee collected from APs above [Redacted] for both cash and In-kind creation units during the funds’ first year of operation.


FUNDS	FEE			Fund Style
ProShares Ultra S&P500^®		[Redacted	]	Ultra
ProShares Short S&P500^®		[Redacted	]	Short
ProShares UltraShort S&P500^®		[Redacted	]	Short
ProShares Ultra QQQ^®		[Redacted	]	Ultra
ProShares Short QQQ^®		[Redacted	]	Short
ProShares UltraShort QQQ^®		[Redacted	]	Short
ProShares Ultra Dow30^SM		[Redacted	]	Ultra
ProShares Short Dow30^SM		[Redacted	]	Short
ProShares UltraShort Dow30^SM		[Redacted	]	Short
ProShares Ultra MidCap400		[Redacted	]	Ultra
ProShares Short MidCap400		[Redacted	]	Short
ProShares UltraShort MidCap400		[Redacted	]	Short
ProShares Ultra Russell2000		[Redacted	]	Ultra
ProShares Short Russell2000		[Redacted	]	Short
ProShares UltraShort Russell2000		[Redacted	]	Short
ProShares Ultra SmallCap600		[Redacted	]	Ultra
ProShares Short SmallCap600		[Redacted	]	Short
ProShares UltraShort SmallCap600		[Redacted	]	Short
ProShares Ultra Russell1000 Value		[Redacted	]	Ultra
ProShares Short Russell1000 Value		[Redacted	]	Short
ProShares UltraShort Russell1000 Value		[Redacted	]	Short
ProShares Ultra Russell1000 Growth		[Redacted	]	Ultra
ProShares Short Russell1000 Growth		[Redacted	]	Short
ProShares UltraShort Russell1000 Growth		[Redacted	]	Short
ProShares Ultra Xxxxxxx XxxXxx Value		[Redacted	]	Ultra
ProShares Xxxxx Xxxxxxx MidCap Value		[Redacted	]	Short
ProShares UltraShort Xxxxxxx XxxXxx Value		[Redacted	]	Short
ProShares Ultra Xxxxxxx MidCap Growth		[Redacted	]	Ultra
ProShares Xxxxx Xxxxxxx XxxXxx Growth		[Redacted	]	Short
ProShares UltraShort Xxxxxxx MidCap Growth		[Redacted	]	Short
ProShares Ultra Russell2000 Value		[Redacted	]	Ultra
ProShares Short Russell2000 Value		[Redacted	]	Short


FUNDS	FEE			Fund Style
ProShares UltraShort Russell2000 Value		[Redacted	]	Short
ProShares Ultra Russell2000 Growth		[Redacted	]	Ultra
ProShares Short Russell2000 Growth		[Redacted	]	Short
ProShares UltraShort Russell2000 Growth		[Redacted	]	Short
ProShares Ultra Basic Materials		[Redacted	]	Ultra
ProShares Short Basic Materials		[Redacted	]	Short
ProShares UltraShort Basic Materials		[Redacted	]	Short
ProShares Ultra Consumer Goods		[Redacted	]	Ultra
ProShares Short Consumer Goods		[Redacted	]	Short
ProShares UltraShort Consumer Goods		[Redacted	]	Short
ProShares Ultra Consumer Services		[Redacted	]	Ultra
ProShares Short Consumer Services		[Redacted	]	Short
ProShares UltraShort Consumer Services		[Redacted	]	Short
ProShares Ultra Financials		[Redacted	]	Ultra
ProShares Short Financials		[Redacted	]	Short
ProShares UltraShort Financials		[Redacted	]	Short
ProShares Ultra Health Care		[Redacted	]	Ultra
ProShares Short Health Care		[Redacted	]	Short
ProShares UltraShort Health Care		[Redacted	]	Short
ProShares Ultra Industrials		[Redacted	]	Ultra
ProShares Short Industrials		[Redacted	]	Short
ProShares UltraShort Industrials		[Redacted	]	Short
ProShares Ultra Oil & Gas		[Redacted	]	Ultra
ProShares Short Oil & Gas		[Redacted	]	Short
ProShares UltraShort Oil & Gas		[Redacted	]	Short
ProShares Ultra Real Estate		[Redacted	]	Ultra
ProShares Short Real Estate		[Redacted	]	Short
ProShares UltraShort Real Estate		[Redacted	]	Short
ProShares Ultra Semiconductors		[Redacted	]	Ultra
ProShares Short Semiconductors		[Redacted	]	Short
ProShares UltraShort Semiconductors		[Redacted	]	Short
ProShares Ultra Technology		[Redacted	]	Ultra
ProShares Short Technology		[Redacted	]	Short
ProShares UltraShort Technology		[Redacted	]	Short
ProShares Ultra Utilities		[Redacted	]	Ultra
ProShares Short Utilities		[Redacted	]	Short
ProShares UltraShort Utilities		[Redacted	]	Ultra
ProShares Short MSCI Emerging Markets		[Redacted	]	Short
ProShares Short MSCI EAFE		[Redacted	]	Short
ProShares UltraShort MSCI Emerging Markets		[Redacted	]	Short
ProShares UltraShort MSCI Japan		[Redacted	]	Short
ProShares UltraShort MSCI EAFE		[Redacted	]	Short
ProShares UltraShort FTSE China 50		[Redacted	]	Short
ProShares UltraShort 7-10 Year Treasury		[Redacted	]	Short
ProShares UltraShort 20+ Year Treasury		[Redacted	]	Short
ProShares Ultra FTSE China 50		[Redacted	]	Ultra
ProShares Ultra FTSE China 50		[Redacted	]	Ultra
ProShares Ultra MSCI Japan		[Redacted	]	Ultra
ProShares Ultra MSCI Japan		[Redacted	]	Ultra
ProShares Ultra Telecommunications		[Redacted	]	Ultra
ProShares UltraShort Telecommunications		[Redacted	]	Short
ProShares Ultra MSCI EAFE		[Redacted	]	Ultra


FUNDS	FEE			Fund Style
ProShares Ultra MSCI EAFE		[Redacted	]	Ultra
ProShares Ultra MSCI Emerging Markets		[Redacted	]	Ultra
ProShares Ultra MSCI Emerging Markets		[Redacted	]	Ultra
ProShares UltraShort MSCI Europe		[Redacted	]	Short
ProShares UltraShort MSCI Pacific ex-Japan		[Redacted	]	Short
ProShares UltraShort MSCI Brazil Capped		[Redacted	]	Short
ProShares UltraShort MSCI Mexico Capped IMI		[Redacted	]	Short
ProShares Ultra Russell3000		[Redacted	]	Ultra
ProShares UltraShort Russell3000		[Redacted	]	Short
ProShares Large Cap Core Plus		[Redacted	]	Alpha
ProShares UltraPro S&P500^®		[Redacted	]	Ultra
ProShares UltraPro Short S&P500^®		[Redacted	]	Short
ProShares Short 7-10 Year Treasury		[Redacted	]	Short
ProShares Short 20+ Year Treasury		[Redacted	]	Short
ProShares Ultra 7-10 Year Treasury		[Redacted	]	Ultra
ProShares Ultra 20+ Year Treasury		[Redacted	]	Ultra
ProShares UltraPro Dow30		[Redacted	]	Ultra
ProShares UltraPro MidCap400		[Redacted	]	Ultra
ProShares UltraPro Russell2000		[Redacted	]	Ultra
ProShares UltraPro QQQ		[Redacted	]	Ultra
ProShares UltraPro Short Dow30		[Redacted	]	Short
ProShares UltraPro Short MidCap400		[Redacted	]	Short
ProShares UltraPro Short Russell2000		[Redacted	]	Short
ProShares UltraPro Short QQQ		[Redacted	]	Short
ProShares Short Basic Materials		[Redacted	]	Short
ProShares Short Real Estate		[Redacted	]	Short
ProShares Short FTSE China 50		[Redacted	]	Short
ProShares Ultra Nasdaq Biotechnology		[Redacted	]	Ultra
ProShares UltraShort Nasdaq Biotechnology		[Redacted	]	Short
ProShares Ultra S&P Regional Banking		[Redacted	]	Ultra
ProShares Short S&P Regional Banking		[Redacted	]	Short
ProShares Ultra MSCI Europe		[Redacted	]	Ultra
ProShares Ultra MSCI Pacific ex-Japan		[Redacted	]	Ultra
ProShares Ultra MSCI Brazil Capped		[Redacted	]	Ultra
ProShares Ultra MSCI Mexico Capped IMI		[Redacted	]	Ultra
ProShares RAFI Long/Short		[Redacted	]	Alpha
ProShares Hedge Replication ETF		[Redacted	]	Alpha
ProShares Ultra TIPS		[Redacted	]	Ultra
ProShares UltraShort TIPS		[Redacted	]	Short
ProShares Short High Yield		[Redacted	]	Short
ProShares Short Investment Grade Corporate		[Redacted	]	Short
ProShares UltraShort 3-7 Year Treasury		[Redacted	]	Short
ProShares Short 7-10 Year Treasury		[Redacted	]	Short
ProShares Ultra High Yield		[Redacted	]	Ultra
ProShares Ultra Investment Grade Corporate		[Redacted	]	Ultra
ProShares German Sovereign/Sub-Sovereign ETF		[Redacted	]	Specialty
ProShares UltraPro 10 Year TIPS/TSY Spread		[Redacted	]	Specialty
ProShares UltraPro Short 10 Year TIPS/TSY Spread		[Redacted	]	Specialty
ProShares 30 Year TIPS/TSY Spread		[Redacted	]	Specialty
ProShares UltraPro MSCI Emerging Markets		[Redacted	]	Short
ProShares UltraPro Short MSCI Emerging Markets		[Redacted	]	Short
ProShares UltraPro 20+ Year Treasury		[Redacted	]	Short


FUNDS	FEE			Fund Style
ProShares UltraPro Short 20+ Year Treasury		[Redacted	]	Short
ProShares Covered Bond		[Redacted	]	Ultra
ProShares UltraPro Financials		[Redacted	]	Ultra
ProShares UltraPro Short Financials		[Redacted	]	Short
ProShares Merger ETF		[Redacted	]	Specialty
ProShares Global Listed Private Equity ETF		[Redacted	]	Specialty
ProShares High Yield–Interest Rate Hedged		[Redacted	]	Specialty
ProShares S&P 500 Aristocrats ETF		[Redacted	]	Specialty
ProShares Investment Grade – Interest Rate Hedged		[Redacted	]	Specialty
ProShares Short Term USD Emerging Markets Bond ETF		[Redacted	]	Specialty
ProShares DJ Brookfield Global Infrastructure ETF		[Redacted	]	Specialty
ProShares CDS North American HY Credit ETF		[Redacted	]	Specialty
ProShares CDS Short North American HY Credit ETF		[Redacted	]	Specialty
ProShares CDS North American IG Credit ETF		[Redacted	]	Specialty
ProShares CDS Short North American IG Credit ETF		[Redacted	]	Specialty
ProShares MSCI EAFE Dividend Growers ETF		[Redacted	]	Specialty
ProShares MSCI Emerging Markets Dividend Growers ETF		[Redacted	]	Specialty
ProShares Morningstar Alternatives Solution ETF		[Redacted	]	Specialty
ProShares USD Emerging Markets Bond - Interest Rate Hedged		[Redacted	]	Specialty
ProShares Xxxxxxx 2000 Dividend Growers ETF		[Redacted	]	Specialty
ProShares S&P Midcap 400 Dividend Aristocrats ETF		[Redacted	]	Specialty
ProShares Ultra Gold Miners		[Redacted	]	Ultra
ProShares Ultra Junior Miners		[Redacted	]	Ultra
ProShares UltraShort Gold Miners		[Redacted	]	Short
ProShares UltraShort Junior Miners		[Redacted	]	Short
ProShares UltraPro Nasdaq Biotechnology		[Redacted	]	Ultra
ProShares UltraPro Short Nasdaq Biotechnology		[Redacted	]	Short
ProShares Ultra Oil & Gas Exploration & Production		[Redacted	]	Ultra
ProShares UltraShort Oil & Gas Exploration & Production		[Redacted	]	Short
ProShares Ultra Homebuilders & Supplies		[Redacted	]	Ultra
ProShares UltraShort Homebuilders & Supplies		[Redacted	]	Short
ProShares Hedged FTSE Europe ETF		[Redacted	]	Currency Hedged
ProShares Hedged FTSE Japan ETF		[Redacted	]	Currency Hedged
ProShares MSCI Europe Dividend Growers ETF		[Redacted	]	Ultra
ProShares S&P 500 Ex-Energy ETF		[Redacted	]	Ultra
ProShares S&P 500 Ex-Financials ETF		[Redacted	]	Ultra
ProShares S&P 500 Ex-Health Care ETF		[Redacted	]	Ultra
ProShares S&P 500 Ex-Technology ETF		[Redacted	]	Ultra
ProShares Managed Futures Strategy ETF		[Redacted	]	Specialty

*	[Redacted]

**	[Redacted]

***

[Redacted]

Additional Transaction Fees.

[Redacted]

Fee Proposal Acknowledgement

The foregoing fee proposal covers custody, settlement and certain associated services to be performed by JPMorgan Chase Bank, N.A. (“X.X. Xxxxxx”) and/or certain subsidiaries and/or affiliates for ProShares. The signature below indicates that I, as a duly authorized representative of ProShares, have reviewed and accept this fee proposal, which will take effect upon the start of provision of the services described herein by X.X. Xxxxxx for ProShares. This fee proposal will be attached as a schedule to, and will be incorporated into, the custody or trust agreement(s) in effect between ProShares and X.X. Xxxxxx.

Accepted by:


ProShares Trust		JPMorgan Chase Bank, N.A.

	/s/ Xxxx X. Xxxxxxx	/s/ Xxxx Xxxxx Calla Xxxxxxx
	Xxxx X. Xxxxxxx	Name: Xxxx Xxxxx Calla Xxxxxxx
	President	Title: Vice President
	September 8, 2015	Date: September 11, 2015

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AMENDMENT #40 is made as of September 8, 2015, to the DOMESTIC CUSTODY AGREEMENT, between JPMORGAN CHASE BANK, N.A. (“Bank”) and PROSHARES TRUST (“ProShares”), dated as of May 25, 2006, as amended from time to time (the “Agreement”).

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