ProShares Ultra Silver (AGQ) 10-K2014 FY Annual report

Filed: 2 Mar 15, 12:00am

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Removed: AIG, alternate, amounting, borrow, Canadian, Chairman, DJUBSCL, exposing, franc, freely, gauge, influencing, joined, origin, Page, proportional, reliable, reverting, successor, Supplementary, tactical, tool, twelfth, unleaded, validity

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Exhibit 23.1

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in the Registration Statement on Form S-3 (No. 333-196885) of ProShares Trust II of our report dated March 2, 2015 relating to the combined financial statements of ProShares Trust II and the individual financial statements of each of the twenty-two funds comprising ProShares Trust II and the effectiveness of internal control over financial reporting of ProShares Trust II and each of the individual funds comprising ProShares Trust II, which appears in this Form 10-K.

/s/ PricewaterhouseCoopers LLP

Baltimore, Maryland

March 2, 2015

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