Innovator Uncapped Accelerated U.S. Equity ETF
Schedule of Investments
July 31, 2026 (Unaudited)

PURCHASED OPTIONS - 111.6% (a)
Notional Amount  

Contracts  

Value  
Call Options - 111.6% (b)(c)(d)




SPDR S&P 500 ETF Trust




Expiration: 09/30/2026; Exercise Price: $6.69
    $        13,222,431

            177

    $        13,061,616
Expiration: 09/30/2026; Exercise Price: $699.49
             22,037,385

            295

             1,643,315
Expiration: 12/31/2026; Exercise Price: $6.85
             13,073,025

            175

             12,880,147
Expiration: 12/31/2026; Exercise Price: $716.02
             22,336,197

            299

             1,714,870
State Street SPDR S&P 500 ETF Trust




Expiration: 03/31/2027; Exercise Price: $6.53
             11,952,480

            160

             11,770,709
Expiration: 03/31/2027; Exercise Price: $682.86
             18,152,829

            243

             2,362,585
Expiration: 06/30/2027; Exercise Price: $7.50
             12,550,104

            168

             12,324,231
Expiration: 06/30/2027; Exercise Price: $784.11
             20,319,216

            272

             1,103,460
TOTAL PURCHASED OPTIONS (Cost $56,908,269)

             56,860,933






TOTAL INVESTMENTS - 111.6% (Cost $56,908,269)

             56,860,933
Money Market Deposit Account - 0.4% (e)

             202,726
Liabilities in Excess of Other Assets - (12.0)%
(0.11970)
            (6,100,180)
TOTAL NET ASSETS - 100.0%




    $        50,963,479


Percentages are stated as a percent of net assets.



(a)

Non-income producing security.
(b)

100 shares per contract.
(c)

Exchange-traded.
(d)

Held in connection with written option contracts. See Schedule of Written Options for further information.
(e)

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%.




Innovator Uncapped Accelerated U.S. Equity ETF
Schedule of Written Options
July 31, 2026 (Unaudited)

WRITTEN OPTIONS - (11.9)%
Notional Amount

Contracts

Value
Call Options - (11.9)% (a)(b)
SPDR S&P 500 ETF Trust





Expiration: 09/30/2026; Exercise Price: $666.21
    $        (13,222,431)

(177)

    $        (1,525,777)
Expiration: 12/31/2026; Exercise Price: $681.95
             (13,073,025)

(175)

             (1,491,306)
State Street SPDR S&P 500 ETF Trust





Expiration: 03/31/2027; Exercise Price: $650.34
             (11,952,480)

(160)

             (1,988,437)
Expiration: 06/30/2027; Exercise Price: $746.77
             (12,550,104)

(168)

             (1,059,501)
TOTAL WRITTEN OPTIONS (Premiums received $4,221,341)




    $        (6,065,021)

Percentages are stated as a percent of net assets.



(a)

100 shares per contract.
(b)

Exchange-traded.




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

Innovator Uncapped Accelerated U.S. Equity 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:







  Purchased Options
    $        –

    $        56,860,933

    $        –

    $        56,860,933
Total Investments
    $        –

    $        56,860,933

    $        –

    $        56,860,933








Liabilities:







Investments:







  Written Options
    $        –

    $        (6,065,021)

    $        –

    $        (6,065,021)
Total Investments
    $        –

    $        (6,065,021)

    $        –

    $        (6,065,021)






 

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



Allocation of Portfolio Holdings as of July 31, 2026

(% of Net Assets)


Purchased Options
    $        56,860,933

        111.6%
Written Options
             (6,065,021)

        (11.9 )
Money Market Deposit Account
             202,726

        0.4 
Liabilities in Excess of Other Assets
             (35,159)

        (0.1)

    $        50,963,479

        100.0%