Innovator International Developed Managed Floor ETF
Schedule of Investments
July 31, 2026 (Unaudited)
COMMON STOCKS - 96.0%									Shares						Value
Advertising - 0.0% (a)
Dentsu Group, Inc. (b)									2,100						$        46,755
Aerospace/Defense - 3.4%
Airbus SE									2,061						479,473
BAE Systems PLC									14,518						409,117
IHI Corp.									5,500						97,669
Leonardo SpA									2,193						139,076
MTU Aero Engines AG									357						148,608
Rheinmetall AG									187						245,274
Rolls-Royce Holdings PLC									35,600						703,204
Saab AB									1,925						120,646
Safran SA									1,547						602,318
Thales SA									459						129,860
															3,075,245
Agriculture - 0.6%
British American Tobacco PLC									9,656						593,852
Airlines - 0.4%
International Consolidated Airlines Group SA									25,143						146,139
Japan Airlines Co. Ltd.									5,400						99,810
Ryanair Holdings PLC									5,253						146,623
															392,572
Apparel - 1.2%
adidas AG									952						174,595
Hermes International SCA									153						269,596
Kering SA									357						116,734
LVMH Moet Hennessy Louis Vuitton SE									994						543,403
															1,104,328
Auto Manufacturers - 2.5%
Daimler Truck Holding AG									3,893						219,207
Ferrari NV									595						232,825
Geely Automobile Holdings Ltd.									14,163						35,761
Honda Motor Co. Ltd.									18,500						188,863
Mercedes-Benz Group AG									4,556						244,954
Stellantis NV (b)									10,135						57,861
Toyota Motor Corp.									46,300						891,833
Volvo AB - Class A									1,788						68,446
Volvo AB - Class B									8,554						326,648
															2,266,398
Auto Parts & Equipment - 0.8%
Koito Manufacturing Co. Ltd.									10,200						172,739
NGK Corp.									6,800						238,902
Niterra Co. Ltd.									3,400						201,042
Sumitomo Electric Industries Ltd.									11,900						163,226
															775,909
Banks - 16.8%

---

ANZ Group Holdings Ltd.									15,513						406,514
Banca Monte dei Paschi di Siena SpA									12,835						170,828
Banco Bilbao Vizcaya Argentaria SA									24,657						686,532
Banco Santander SA									63,223						896,026
Barclays PLC									67,534						462,326
BAWAG Group AG (c)									1,003						202,181
BNP Paribas SA									4,675						589,841
Commerzbank AG									3,366						145,886
Commonwealth Bank of Australia									7,038						877,556
DBS Group Holdings Ltd.									10,200						588,101
Deutsche Bank AG									9,147						335,455
First International Bank Of Israel Ltd.									1,415						109,239
Fukuoka Financial Group, Inc.									5,100						235,742
HSBC Holdings PLC									72,267						1,532,712
ING Groep NV									13,770						482,263
Intesa Sanpaolo SpA									75,786						570,172
Kyoto Financial Group, Inc.									6,800						189,490
Lloyds Banking Group PLC									277,508						428,355
Mebuki Financial Group, Inc.									22,100						207,780
Mitsubishi UFJ Financial Group, Inc.									41,000						919,523
Mizuho Financial Group, Inc.									9,800						502,664
National Australia Bank Ltd.									12,002						348,396
NatWest Group PLC									40,205						381,879
Nordea Bank Abp									19,448						391,578
Powszechna Kasa Oszczednosci Bank Polski SA									7,956						237,868
Resona Holdings, Inc.									10,600						145,894
Shizuoka Financial Group, Inc.									10,200						203,712
Societe Generale SA									3,332						311,713
SpareBank 1 SMN									7,055						146,036
SpareBank 1 Sor-Norge ASA									7,463						166,820
Standard Chartered PLC									8,466						249,281
Sumitomo Mitsui Financial Group, Inc.									13,600						582,009
UBS Group AG									12,652						665,401
UniCredit SpA									6,023						565,538
Westpac Banking Corp.									15,470						411,471
															15,346,782
Beverages - 0.9%
Anheuser-Busch InBev SA									5,015						433,904
Diageo PLC									12,495						274,844
Endeavour Group Ltd./Australia									54,451						133,088
															841,836
Biotechnology - 0.6%
Argenx SE - ADR (b)									187						159,664
BioNTech SE - ADR (b)									774						70,396
CSL Ltd.									2,295						198,360
Genmab AS (b)									425						121,578
															549,998
Building Materials - 1.4%
Cie de Saint-Gobain SA									2,584						241,647
Daikin Industries Ltd.									1,700						248,714
Heidelberg Materials AG									663						122,813
Kingspan Group PLC									1,666						153,824
Lixil Corp.									11,900						129,669
Mitsubishi Electric Corp.									10,200						378,725
															1,275,392

---

Chemicals - 1.9%
Air Liquide SA									2,992						587,694
DSM-Firmenich AG									2,040						219,174
Givaudan SA									51						203,609
Novonesis Novozymes B									2,414						156,803
Resonac Holdings Corp.									1,300						112,058
Shin-Etsu Chemical Co. Ltd.									8,500						309,625
Tosoh Corp.									10,200						173,636
															1,762,599
Commercial Services - 1.3%
Adyen NV (b)(c)									122						123,088
Atlas Arteria Ltd.									32,914						116,280
Persol Holdings Co. Ltd.									76,500						126,743
Recruit Holdings Co. Ltd.									6,800						535,971
RELX PLC									9,116						319,823
															1,221,905
Computers - 0.6%
BayCurrent, Inc.									1,200						53,803
Capgemini SE									952						112,271
Fujitsu Ltd.									6,500						149,370
NEC Corp.									5,100						151,823
Nomura Research Institute Ltd.									1,500						44,145
															511,412
Cosmetics/Personal Care - 1.2%
Beiersdorf AG									918						85,257
L'Oreal SA									1,020						454,109
Unicharm Corp.									13,800						87,233
Unilever PLC									6,834						436,207
															1,062,806
Distribution/Wholesale - 1.7%
ITOCHU Corp.									23,500						297,246
Marubeni Corp.									6,800						222,118
Mitsubishi Corp.									15,800						473,926
Mitsui & Co. Ltd.									11,300						350,373
Sojitz Corp.									5,100						172,354
															1,516,017
Diversified Financial Services - 1.1%
Hong Kong Exchanges & Clearing Ltd.									6,800						354,326
Japan Exchange Group, Inc.									11,900						163,861
London Stock Exchange Group PLC									2,550						288,191
Nordnet AB publ									4,420						169,109
															975,487
Electric - 3.2%
A2A SpA									46,138						120,448
Contact Energy Ltd.									30,804						164,728
EDP SA									37,553						193,134
Enel SpA									42,245						476,280
Enlight Renewable Energy Ltd. (b)									3,130						265,761
Fortum Oyj									6,256						141,977
Iberdrola SA									29,569						702,525

---

National Grid PLC									27,625						442,399
Orsted AS (b)(c)									2,656						59,279
RWE AG									4,352						286,311
Tokyo Electric Power Co. Holdings, Inc. (b)									18,600						60,744
															2,913,586
Electrical Components & Equipment - 2.6%
ABB Ltd.									8,092						795,347
Brother Industries Ltd.									6,800						171,297
Fujikura Ltd.									10,200						267,260
Furukawa Electric Co. Ltd.									5,300						104,685
Prysmian SpA									1,581						218,646
Schneider Electric SE									2,465						821,336
															2,378,571
Electronics - 1.4%
Azbil Corp.									13,600						142,256
Hoya Corp.									1,700						263,448
Ibiden Co. Ltd.									1,300						135,940
Murata Manufacturing Co. Ltd.									10,200						475,071
TDK Corp.									11,900						224,809
															1,241,524
Energy-Alternate Sources - 0.2%
Vestas Wind Systems AS									5,576						149,812
Engineering & Construction - 1.3%
Ackermans & van Haaren NV									493						152,696
Cellnex Telecom SA (c)									4,420						136,645
Infrastrutture Wireless Italiane SpA (c)									14,212						105,059
Keppel Ltd.									23,800						212,639
Shimizu Corp.									5,500						82,193
Taisei Corp.									1,300						106,670
Vinci SA									2,805						395,505
															1,191,407
Entertainment - 0.3%
Genting Singapore Ltd.									217,600						107,630
Oriental Land Co. Ltd./Japan									8,500						169,066
															276,696
Food - 3.3%
AAK AB									4,590						98,825
Aeon Co. Ltd.									3,600						30,839
Ajinomoto Co., Inc.									6,800						212,040
Axfood AB									4,624						117,927
China Mengniu Dairy Co. Ltd.									68,000						163,895
Danone SA									3,128						242,999
Kesko Oyj - Class B									7,004						173,901
Nestle SA									11,492						1,150,692
Nisshin Seifun Group, Inc.									11,900						150,408
Seven & i Holdings Co. Ltd.									11,900						157,620
Strauss Group Ltd.									4,641						175,507
Tesco PLC									36,465						240,211
WH Group Ltd. (c)									127,500						137,392
															3,052,256

---

Food Service - 0.3%
Compass Group PLC									8,772						278,160
Forest Products & Paper - 0.1%
Holmen AB - Class B									3,434						116,266
Gas - 0.3%
Hong Kong & China Gas Co. Ltd.									153,000						137,165
Naturgy Energy Group SA									4,165						138,777
															275,942
Hand/Machine Tools - 0.2%
Amada Co. Ltd.									11,900						208,292
Healthcare-Products - 1.3%
Alcon AG									3,519						240,878
Coloplast AS - Class B									1,259						83,213
EssilorLuxottica SA									433						81,727
FUJIFILM Holdings Corp.									6,800						161,090
Getinge AB - Class B									5,610						139,603
Koninklijke Philips NV									6,433						168,310
Sectra AB - Class B									1,316						36,859
Sysmex Corp.									6,600						66,280
Terumo Corp.									11,900						173,689
															1,151,649
Healthcare-Services - 0.4%
ICON PLC (b)									501						81,946
Lonza Group AG									425						295,328
															377,274
Home Builders - 0.1%
Haseko Corp.									7,000						122,217
Home Furnishings - 0.9%
Panasonic Holdings Corp.									11,900						320,173
Sony Group Corp.									22,000						523,247
															843,420
Household Products/Wares - 0.3%
Reckitt Benckiser Group PLC									3,454						243,567
Insurance - 5.5%
AIA Group Ltd.									51,000						515,424
Allianz SE									1,928						959,397
AXA SA									9,435						487,843
Daiichi Life Group, Inc.									20,400						245,799
Medibank Pvt Ltd.									41,242						149,756
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen									714						428,983
Powszechny Zaklad Ubezpieczen SA									7,820						148,487
Prudential PLC									16,456						247,146
Sompo Holdings, Inc.									5,100						227,831
Storebrand ASA									8,109						172,197
Swiss Re AG									1,496						249,349
Tokio Marine Holdings, Inc.									8,500						433,154
Unipol Assicurazioni SpA									5,763						179,491
Zurich Insurance Group AG									816						621,090

---

															5,065,947
Internet - 0.7%
CyberAgent, Inc.									13,600						124,320
M3, Inc.									3,400						38,041
Prosus NV									4,970						228,529
Sea Ltd. - ADR (b)									876						93,504
SEEK Ltd.									3,961						40,868
Trend Micro, Inc./Japan									1,300						51,771
Wix.com Ltd. (b)									324						17,830
															594,863
Investment Companies - 0.9%
Investor AB (b)									11,288						486,307
Investor AB - Class A (b)									2,589						109,639
IREN Ltd. (b)									672						24,730
L E Lundbergforetagen AB - Class B									2,618						156,833
															777,509
Iron/Steel - 0.4%
BlueScope Steel Ltd.									2,873						66,024
JFE Holdings, Inc.									10,000						114,147
Mineral Resources Ltd. (b)									785						31,967
voestalpine AG									3,247						168,038
															380,176
Leisure Time - 0.4%
Amadeus IT Group SA									2,924						179,447
Yamaha Motor Co. Ltd.									18,700						157,727
															337,174
Machinery-Construction & Mining - 1.8%
Hitachi Ltd.									18,700						618,577
Komatsu Ltd.									3,600						158,131
Mitsubishi Heavy Industries Ltd.									13,600						321,497
Siemens Energy AG									2,788						472,948
Weir Group PLC									2,365						83,896
															1,655,049
Machinery-Diversified - 0.8%
Atlas Copco AB - Class A									3,723						78,480
Atlas Copco AB - Class B									11,526						212,458
Ebara Corp.									5,100						178,023
FANUC Corp.									5,100						228,535
															697,496
Media - 0.1%
Nippon Television Holdings, Inc.									3,000						54,941
Metal Fabricate/Hardware - 0.2%
SKF AB - Class B									5,134						138,736
Mining - 2.8%
Anglo American PLC									5,508						276,705
BHP Group Ltd.									22,321						945,490
Glencore PLC									53,652						392,058
Lynas Rare Earths Ltd. (b)									5,799						57,388

---

Northern Star Resources Ltd.									5,917						82,701
PLS Group Ltd. (b)									9,371						27,314
Rio Tinto Ltd.									2,754						329,929
Rio Tinto PLC									4,592						443,330
Zijin Gold International Co. Ltd.									988						14,892
															2,569,807
Miscellaneous Manufacturing - 1.5%
ALS Ltd.									9,265						140,622
Orica Ltd.									9,418						154,256
Siemens AG									3,303						1,074,145
															1,369,023
Office-Business Equipment - 0.4%
Canon, Inc.									6,800						189,106
Seiko Epson Corp.									11,900						220,474
															409,580
Oil & Gas - 3.8%
Aker BP ASA									5,032						177,474
Ampol Ltd.									6,477						181,510
BP PLC									60,996						453,522
ORLEN SA									5,041						199,356
Shell PLC									26,180						1,192,066
TotalEnergies SE									9,758						857,972
Var Energi ASA									37,723						187,736
Woodside Energy Group Ltd.									8,976						207,727
															3,457,363
Pharmaceuticals - 7.0%
AstraZeneca PLC									6,307						1,072,160
Bayer AG									4,896						270,670
Chugai Pharmaceutical Co. Ltd.									3,200						139,315
CSPC Pharmaceutical Group Ltd.									28,326						30,993
Daiichi Sankyo Co. Ltd.									8,000						129,000
GSK PLC									18,666						485,188
Novartis AG									8,364						1,308,797
Novo Nordisk AS - Class B									10,782						508,667
Ono Pharmaceutical Co. Ltd.									10,200						152,720
Roche Holding AG									275						121,890
Roche Holding AG									2,975						1,300,241
Sanofi SA									4,794						410,757
Sino Biopharmaceutical Ltd.									127,500						81,785
Sumitomo Pharma Co. Ltd. (b)									1,800						14,108
Teva Pharmaceutical Industries Ltd. (b)									5,440						193,109
UCB SA									680						174,391
															6,393,791
Private Equity - 0.6%
3i Group PLC									4,556						175,599
CVC Capital Partners PLC (c)									8,177						136,511
EQT AB									3,706						125,747
ICG PLC									5,134						130,443
															568,300
Real Estate - 1.1%
Big Shopping Centers Ltd.									561						126,026
Castellum AB									11,560						162,191

---

Nomura Real Estate Holdings, Inc.									23,800						137,516
Sumitomo Realty & Development Co. Ltd.									6,300						142,559
Swire Properties Ltd.									47,600						145,078
Tokyu Fudosan Holdings Corp.									15,300						128,425
UOL Group Ltd.									20,400						157,314
															999,109
Retail - 3.1%
Cie Financiere Richemont SA									2,448						577,620
Fast Retailing Co. Ltd.									900						441,959
Industria de Diseno Textil SA									5,695						369,816
JB Hi-Fi Ltd.									2,057						118,367
Marui Group Co. Ltd.									6,800						126,733
McDonald's Holdings Co. Japan Ltd.									3,400						172,536
Pan Pacific International Holdings Corp.									22,100						125,223
Sundrug Co. Ltd.									5,100						121,074
USS Co. Ltd.									13,600						172,322
Wesfarmers Ltd.									6,681						419,313
Yamada Holdings Co. Ltd.									44,200						197,953
															2,842,916
Semiconductors - 6.0%
Advantest Corp.									3,300						673,575
ASM International NV									340						313,419
ASML Holding NV									1,553						2,562,633
Infineon Technologies AG									6,290						446,303
Kioxia Holdings Corp. (b)									1,300						379,651
Renesas Electronics Corp.									10,200						220,496
Tokyo Electron Ltd.									1,700						592,558
Tower Semiconductor Ltd. (b)									1,275						281,885
															5,470,520
Software - 1.6%
Koei Tecmo Holdings Co. Ltd.									4,700						47,509
Monday.com Ltd. (b)									361						31,461
Nebius Group NV (b)									808						153,851
OBIC Business Consultants Co. Ltd.									1,200						60,315
Oracle Corp. Japan									1,200						66,939
SAP SE									4,488						814,207
Square Enix Holdings Co. Ltd.									3,000						52,087
Technology One Ltd.									5,780						124,873
Xero Ltd. (b)									1,734						85,251
															1,436,493
Telecommunications - 3.1%
Bezeq The Israeli Telecommunication Corp. Ltd.									65,229						155,971
Deutsche Telekom AG									13,385						412,107
HKT Trust & HKT Ltd.									85,000						143,842
KDDI Corp.									17,000						311,867
Nokia Oyj									28,560						261,497
NTT, Inc.									319,600						305,901
SoftBank Group Corp.									13,600						449,276
Tele2 AB - Class B									8,500						147,146
Telefonaktiebolaget LM Ericsson - Class B									16,218						159,494
Telia Co. AB									32,810						151,944
Telstra Group Ltd.									87,108						307,126
															2,806,171

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Toys/Games/Hobbies - 0.2%
Nintendo Co. Ltd.									3,300						159,150
Transportation - 1.4%
Aurizon Holdings Ltd.									73,848						217,323
Central Japan Railway Co.									3,100						77,644
Deutsche Post AG									5,236						347,962
DSV AS									952						205,955
Kintetsu Group Holdings Co. Ltd.									8,500						184,921
MTR Corp. Ltd.									24,080						101,705
Tobu Railway Co. Ltd.									8,500						165,275
															1,300,785
TOTAL COMMON STOCKS (Cost $82,284,450)															87,624,831
PURCHASED OPTIONS - 1.0% (b)			Notional Amount						Contracts						Value
Put Options - 1.0%
iShares MSCI EAFE ETF (d)(e)(f)
Expiration: 09/30/2026; Exercise Price: $83.00			22,340,728						2,116						22,938
Expiration: 12/31/2026; Exercise Price: $86.50			22,340,728						2,116						137,963
Expiration: 03/31/2027; Exercise Price: $87.00			22,351,286						2,117						246,736
Expiration: 06/30/2027; Exercise Price: $93.25			21,738,922						2,059						495,416
TOTAL PURCHASED OPTIONS (Cost $2,064,352)															903,053
REAL ESTATE INVESTMENT TRUSTS - 0.9%									Shares						Value
REITS - 0.9%
GPT Group									36,635						132,255
Japan Metropolitan Fund Invest									204						151,054
Japan Real Estate Investment Corp.									204						156,435
Keppel REIT									2,867						2,055
Mapletree Industrial Trust									85,000						127,785
Mapletree Logistics Trust									132,600						128,076
Warehouses De Pauw CVA									5,032						129,223
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $845,762)															826,883
TOTAL INVESTMENTS - 97.9% (Cost $85,194,564)															89,354,767
Money Market Deposit Account - 1.4% (g)															1,288,411
Other Assets in Excess of Liabilities - 0.7%												0.00725			661,676
TOTAL NET ASSETS - 100.0%															$        91,304,854
Percentages are stated as a percent of net assets.

ADR - American Depositary Receipt
REIT - Real Estate Investment Trust

(a)						Represents less than 0.05% of net assets.
(b)						Non-income producing security.
(c)						Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of July 31, 2026, the value of these securities total $900,155 or 1.0% of the Fund’s net assets.
(d)						Exchange-traded.
(e)						100 shares per contract.
(f)						Held in connection with written option contracts. See Schedule of Written Options for further information.
(g)						The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of July 31, 2026 was 3.45%.

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Innovator International Developed Managed Floor ETF

Schedule of Written Options

July 31, 2026 (Unaudited)

WRITTEN OPTIONS - (0.4)%

Notional Amount

Contracts

Value

Call Options - (0.4)%

iShares MSCI EAFE ETF (a)(b)

Expiration: 08/07/2026; Exercise Price: $106.50

$        (47,088,680)

(4,460)

$        (212,787)

Expiration: 08/14/2026; Exercise Price: $108.25

(42,126,420)

(3,990)

(107,730)

TOTAL WRITTEN OPTIONS (Premiums received $231,343)

$        (320,517)

Percentages are stated as a percent of net assets.

(a)						Exchange-traded.
(b)						100 shares per contract.

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Summary of Fair Value Disclosure as of July 31, 2026 (Unaudited)

Innovator International Developed Managed Floor ETF has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund’s securities as of July 31, 2026:

Level 1

Level 2

Level 3

Total

Assets:

Investments:

Common Stocks

$        87,624,831

$        –

$        –

$        87,624,831

Purchased Options

–

903,053

–

903,053

Real Estate Investment Trusts

826,883

–

–

826,883

Total Investments

$        88,451,714

$        903,053

$        –

$        89,354,767

Liabilities:

Investments:

Written Options

$        –

$        (320,517)

$        –

$        (320,517)

Total Investments

$        –

$        (320,517)

$        –

$        (320,517)

						Refer to the Schedule of Investments for further disaggregation of investment categories.

Allocation of Portfolio Holdings as of July 31, 2026
(% of Net Assets)
Common Stocks			$        87,624,831						96.0%
Purchased Options			903,053						1.0
Real Estate Investment Trusts			826,883						0.9
Written Options			(320,517)						(0.4 )
Money Market Deposit Account			1,288,411						1.4
Other Assets in Excess of Liabilities			982,193						1.1
			$        91,304,854						100.0%