# EDGAR Filing Document

**Accession Number:** 0001415726
**File Stem:** 0001437749-22-029972
**Filing Date:** 2023-1
**Character Count:** 4987
**Document Hash:** e430f2e06590a0d4b079c4f8742b5950
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-22-029972.hdr.sgml**: 20230103

**ACCESSION NUMBER**: 0001437749-22-029972

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230103

**DATE AS OF CHANGE**: 20221230

**EFFECTIVENESS DATE**: 20230103

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Innovator ETFs Trust
- **CENTRAL INDEX KEY:** 0001415726
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-146827
- **FILM NUMBER:** 221503077

**BUSINESS ADDRESS:**
- **STREET 1:** 109 NORTH HALE STREET
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 800-621-1675

**MAIL ADDRESS:**
- **STREET 1:** 109 NORTH HALE STREET
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INNOVATOR ETFS TRUST
- **DATE OF NAME CHANGE:** 20170825

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Academy Funds Trust
- **DATE OF NAME CHANGE:** 20071019

## Series and Classes Contracts Data

### Innovator Growth Accelerated ETF - Quarterly (Series ID: S000070878)

---

|  |  |
|:---|:---|
| Class Name                                   | Class ID   |
| Innovator Growth Accelerated ETF - Quarterly | C000225133 |

---

### Innovator U.S. Equity Accelerated ETF - Quarterly (Series ID: S000070879)

---

|  |  |
|:---|:---|
| Class Name                                        | Class ID   |
| Innovator U.S. Equity Accelerated ETF - Quarterly | C000225134 |

---

## Series and Classes Contracts Data

### Innovator Growth Accelerated ETF - Quarterly (Series ID: S000070878)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000225133 | Innovator Growth Accelerated ETF - Quarterly |  |

### Innovator U.S. Equity Accelerated ETF - Quarterly (Series ID: S000070879)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000225134 | Innovator U.S. Equity Accelerated ETF - Quarterly |  |

Rule 497(e)

File No. 333-146827

Innovator ETFs Trust

(the "*Trust*")

Innovator U.S. Equity Accelerated ETF™ – Quarterly

Innovator Growth Accelerated ETF™ – Quarterly

(each, a "*Fund*" and together, the "*Funds*")

Supplement to Each Fund's Prospectus<br> Dated February 28, 2022

December 30, 2022

As described in detail in each Fund's prospectus, an investment in shares of each Fund is subject to an upside return cap (the "*Cap*") that represents the maximum percentage return an investor can achieve from an investment in such Fund for the outcome period of approximately three months. The current Outcome Period will end on December 31, 2022. Each Fund will commence a new outcome period that will begin on January 1, 2023 and end on March 31, 2023. An investment in each Fund over the course of the outcome period will be subject to such Fund's Cap as set forth in the table below.

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| | | | |
|:---|:---|:---|:---|
| **Fund Name** | **Ticker** | **Cap** | **Investment Objective** |
| Innovator U.S. Equity Accelerated ETF™ – Quarterly | XDSQ | Gross: 10.60%<br> Net: 10.40%\* | The Fund seeks to provide investors with returns that are twice those of the SPDR® S&P 500® ETF Trust, up to the upside cap of 10.60% (prior to taking into account management fees and other fees) and 10.40% (after taking into account management fees) while approximately matching SPDR® S&P 500® ETF Trust losses, over the period from January 1, 2023 through March 31, 2023. |
| Innovator Growth Accelerated ETF™ – Quarterly | XDQQ | Gross: 12.30%<br> Net: 12.10%\* | The Fund seeks to provide investors with returns that are twice those of the Invesco QQQ Trust<sup>SM</sup>, Series 1, up to the upside cap of 12.30% (prior to taking into account management fees and other fees) and 12.10% (after taking into account management fees) while approximately matching Invesco QQQ Trust<sup>SM</sup>, Series 1 losses, over the period from January 1, 2023 through March 31, 2023. |

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\* Takes into account the Fund's unitary management fee.

In connection with the onset of the new outcome period, each Fund's prospectus is amended as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Fund's investment objective is deleted in its entirety and replaced with the investment objective set forth in the table above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. All references to the dates associated with the prior outcome period are deleted in their entirety and replaced with references to the new outcome period: January 1, 2023 through March 31, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. All references to the Cap for the prior Outcome Period are deleted in their entirety and replaced with the corresponding Cap set forth in the table above.

Please Keep This Supplement With Your Prospectus For Future Reference