UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C. 20549

                                   FORM N-PX

    ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT
                                     COMPANY

 INVESTMENT COMPANY ACT FILE NUMBER:     811-22926

 NAME OF REGISTRANT:                     Innovator ETFs Trust II



 ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 109 North Hale Street
                                         Wheaton, IL 60187

 NAME AND ADDRESS OF AGENT FOR SERVICE:  Chapman and Cutler LLP
                                         111 West Monroe Street
                                         Chicago, IL 60603

 REGISTRANT'S TELEPHONE NUMBER:          800-208-5212

 DATE OF FISCAL YEAR END:                10/31

 DATE OF REPORTING PERIOD:               07/01/2020 - 06/30/2021





                                                                                                  

Innovator Laddered Fund of S&P 500 Power Buffer ETFs
--------------------------------------------------------------------------------------------------------------------------
 DARDEN RESTAURANTS, INC.                                                                    Agenda Number:  935257914
--------------------------------------------------------------------------------------------------------------------------
        Security:  237194105
    Meeting Type:  Annual
    Meeting Date:  23-Sep-2020
          Ticker:  DRI
            ISIN:  US2371941053
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1.     DIRECTOR
       Margaret Shan Atkins                                      Mgmt          For                            For
       James P. Fogarty                                          Mgmt          For                            For
       Cynthia T. Jamison                                        Mgmt          For                            For
       Eugene I. Lee, Jr.                                        Mgmt          For                            For
       Nana Mensah                                               Mgmt          For                            For
       William S. Simon                                          Mgmt          For                            For
       Charles M. Sonsteby                                       Mgmt          Withheld                       Against
       Timothy J. Wilmott                                        Mgmt          For                            For

2.     To obtain advisory approval of the                        Mgmt          For                            For
       Company's executive compensation.

3.     To ratify the appointment of KPMG LLP as                  Mgmt          Against                        Against
       our independent registered public
       accounting firm for the fiscal year ending
       May 30, 2021.




--------------------------------------------------------------------------------------------------------------------------
 DXC TECHNOLOGY COMPANY                                                                      Agenda Number:  935242773
--------------------------------------------------------------------------------------------------------------------------
        Security:  23355L106
    Meeting Type:  Annual
    Meeting Date:  13-Aug-2020
          Ticker:  DXC
            ISIN:  US23355L1061
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1a.    Election of Director: Mukesh Aghi                         Mgmt          Against                        Against

1b.    Election of Director: Amy E. Alving                       Mgmt          For                            For

1c.    Election of Director: David A. Barnes                     Mgmt          For                            For

1d.    Election of Director: Raul J. Fernandez                   Mgmt          Against                        Against

1e.    Election of Director: David L. Herzog                     Mgmt          For                            For

1f.    Election of Director: Mary L. Krakauer                    Mgmt          For                            For

1g.    Election of Director: Ian C. Read                         Mgmt          For                            For

1h.    Election of Director: Michael J. Salvino                  Mgmt          For                            For

1i.    Election of Director: Manoj P. Singh                      Mgmt          For                            For

1j.    Election of Director: Robert F. Woods                     Mgmt          For                            For

2.     Ratification of the appointment of Deloitte               Mgmt          Against                        Against
       & Touche LLP as our independent registered
       public accounting firm for the fiscal year
       ending March 31, 2021

3.     Approval, by advisory vote, of named                      Mgmt          Against                        Against
       executive officer compensation

4.     Approval of increase in shares available                  Mgmt          Against                        Against
       under the DXC Technology Company 2017
       Omnibus Incentive Plan

5.     Approval of increase in shares available                  Mgmt          For                            For
       under the DXC Technology Company 2017
       Non-Employee Director Incentive Plan




--------------------------------------------------------------------------------------------------------------------------
 E*TRADE FINANCIAL CORPORATION                                                               Agenda Number:  935240298
--------------------------------------------------------------------------------------------------------------------------
        Security:  269246401
    Meeting Type:  Special
    Meeting Date:  17-Jul-2020
          Ticker:  ETFC
            ISIN:  US2692464017
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1.     Proposal to adopt the Agreement and Plan of               Mgmt          For                            For
       Merger, dated as of February 20, 2020 (as
       it may be amended from time to time, the
       "merger agreement"), by and among Morgan
       Stanley, Moon-Eagle Merger Sub, Inc. and
       E*TRADE Financial Corporation ("E*TRADE").

2.     Proposal to approve, on an advisory                       Mgmt          For                            For
       (non-binding) basis, certain compensation
       that may be paid or become payable to
       E*TRADE's named executive officers in
       connection with the merger.

3.     Proposal to adjourn the E*TRADE special                   Mgmt          For                            For
       meeting, if necessary or appropriate, to
       solicit additional proxies in favor of the
       merger agreement proposal if there are not
       sufficient votes at the time of such
       adjournment to adopt the merger agreement.




--------------------------------------------------------------------------------------------------------------------------
 MICROCHIP TECHNOLOGY INCORPORATED                                                           Agenda Number:  935248357
--------------------------------------------------------------------------------------------------------------------------
        Security:  595017104
    Meeting Type:  Annual
    Meeting Date:  18-Aug-2020
          Ticker:  MCHP
            ISIN:  US5950171042
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1a.    Election of Director: Steve Sanghi                        Mgmt          Against                        Against

1b.    Election of Director: Matthew W. Chapman                  Mgmt          Against                        Against

1c.    Election of Director: L.B. Day                            Mgmt          Against                        Against

1d.    Election of Director: Esther L. Johnson                   Mgmt          For                            For

1e.    Election of Director: Wade F. Meyercord                   Mgmt          Against                        Against

2.     Proposal to ratify the appointment of Ernst               Mgmt          Against                        Against
       & Young LLP as the independent registered
       public accounting firm of Microchip for the
       fiscal year ending March 31, 2021.

3.     Proposal to approve, on an advisory                       Mgmt          For                            For
       (non-binding) basis, the compensation of
       our named executives.




--------------------------------------------------------------------------------------------------------------------------
 QORVO, INC.                                                                                 Agenda Number:  935242191
--------------------------------------------------------------------------------------------------------------------------
        Security:  74736K101
    Meeting Type:  Annual
    Meeting Date:  04-Aug-2020
          Ticker:  QRVO
            ISIN:  US74736K1016
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1.     DIRECTOR
       Ralph G. Quinsey                                          Mgmt          For                            For
       Robert A. Bruggeworth                                     Mgmt          For                            For
       Jeffery R. Gardner                                        Mgmt          For                            For
       John R. Harding                                           Mgmt          For                            For
       David H. Y. Ho                                            Mgmt          Withheld                       Against
       Roderick D. Nelson                                        Mgmt          For                            For
       Dr. Walden C. Rhines                                      Mgmt          Withheld                       Against
       Susan L. Spradley                                         Mgmt          Withheld                       Against
       Walter H. Wilkinson, Jr                                   Mgmt          Withheld                       Against

2.     To approve, on an advisory basis, the                     Mgmt          Against                        Against
       compensation of our Named Executive
       Officers (as defined in the proxy
       statement).

3.     To ratify the appointment of Ernst & Young                Mgmt          Against                        Against
       LLP as our independent registered public
       accounting firm for the fiscal year ending
       April 3, 2021.



Innovator S&P Investment Grade Preferred ETF
--------------------------------------------------------------------------------------------------------------------------
 ALABAMA POWER COMPANY                                                                       Agenda Number:  935355811
--------------------------------------------------------------------------------------------------------------------------
        Security:  010392462
    Meeting Type:  Annual
    Meeting Date:  23-Apr-2021
          Ticker:  ALPPRQ
            ISIN:  US0103924629
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1A.    Election of Director: Angus R. Cooper, III                Mgmt          Against                        Against

1B.    Election of Director: Mark A. Crosswhite                  Mgmt          Against                        Against

1C.    Election of Director: O. B. Grayson Hall,                 Mgmt          Against                        Against
       Jr.

1D.    Election of Director: Anthony A. Joseph                   Mgmt          For                            For

1E.    Election of Director: Robert D. Powers                    Mgmt          For                            For

1F.    Election of Director: Catherine J. Randall                Mgmt          Against                        Against

1G.    Election of Director: R. Mitchell                         Mgmt          For                            For
       Shackleford, III

1H.    Election of Director: Selwyn M. Vickers                   Mgmt          For                            For

1I.    Election of Director: Phillip M. Webb                     Mgmt          For                            For




--------------------------------------------------------------------------------------------------------------------------
 BANK OF AMERICA CORPORATION                                                                 Agenda Number:  935345670
--------------------------------------------------------------------------------------------------------------------------
        Security:  060505583
    Meeting Type:  Annual
    Meeting Date:  20-Apr-2021
          Ticker:  BMLPRL
            ISIN:  US0605055831
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1A.    Election of Director: Sharon L. Allen                     Mgmt          For                            For

1B.    Election of Director: Susan S. Bies                       Mgmt          For                            For

1C.    Election of Director: Frank P. Bramble, Sr.               Mgmt          Against                        Against

1D.    Election of Director: Pierre J.P. de Weck                 Mgmt          Against                        Against

1E.    Election of Director: Arnold W. Donald                    Mgmt          Against                        Against

1F.    Election of Director: Linda P. Hudson                     Mgmt          Against                        Against

1G.    Election of Director: Monica C. Lozano                    Mgmt          Against                        Against

1H.    Election of Director: Thomas J. May                       Mgmt          Against                        Against

1I.    Election of Director: Brian T. Moynihan                   Mgmt          For                            For

1J.    Election of Director: Lionel L. Nowell III                Mgmt          For                            For

1K.    Election of Director: Denise L. Ramos                     Mgmt          Against                        Against

1L.    Election of Director: Clayton S. Rose                     Mgmt          Against                        Against

1M.    Election of Director: Michael D. White                    Mgmt          Against                        Against

1N.    Election of Director: Thomas D. Woods                     Mgmt          For                            For

1O.    Election of Director: R. David Yost                       Mgmt          Against                        Against

1P.    Election of Director: Maria T. Zuber                      Mgmt          For                            For

2.     Approving our executive compensation (an                  Mgmt          Against                        Against
       advisory, nonbinding "Say on Pay"
       resolution).

3.     Ratifying the appointment of our                          Mgmt          Against                        Against
       independent registered public accounting
       firm for 2021.

4.     Amending and restating the Bank of America                Mgmt          Against                        Against
       Corporation Key Employee Equity Plan.

5.     Shareholder proposal requesting amendments                Shr           For                            Against
       to our proxy access by law.

6.     Shareholder proposal requesting amendments                Shr           For                            Against
       to allow shareholders to act by written
       consent.

7.     Shareholder proposal requesting a change in               Shr           Against                        For
       organizational form.

8.     Shareholder proposal requesting a racial                  Shr           For                            Against
       equity audit.




--------------------------------------------------------------------------------------------------------------------------
 BANK OF AMERICA CORPORATION                                                                 Agenda Number:  935345670
--------------------------------------------------------------------------------------------------------------------------
        Security:  060505591
    Meeting Type:  Annual
    Meeting Date:  20-Apr-2021
          Ticker:  BMLPRJ
            ISIN:  US0605055914
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1A.    Election of Director: Sharon L. Allen                     Mgmt          For                            For

1B.    Election of Director: Susan S. Bies                       Mgmt          For                            For

1C.    Election of Director: Frank P. Bramble, Sr.               Mgmt          Against                        Against

1D.    Election of Director: Pierre J.P. de Weck                 Mgmt          Against                        Against

1E.    Election of Director: Arnold W. Donald                    Mgmt          Against                        Against

1F.    Election of Director: Linda P. Hudson                     Mgmt          Against                        Against

1G.    Election of Director: Monica C. Lozano                    Mgmt          Against                        Against

1H.    Election of Director: Thomas J. May                       Mgmt          Against                        Against

1I.    Election of Director: Brian T. Moynihan                   Mgmt          For                            For

1J.    Election of Director: Lionel L. Nowell III                Mgmt          For                            For

1K.    Election of Director: Denise L. Ramos                     Mgmt          Against                        Against

1L.    Election of Director: Clayton S. Rose                     Mgmt          Against                        Against

1M.    Election of Director: Michael D. White                    Mgmt          Against                        Against

1N.    Election of Director: Thomas D. Woods                     Mgmt          For                            For

1O.    Election of Director: R. David Yost                       Mgmt          Against                        Against

1P.    Election of Director: Maria T. Zuber                      Mgmt          For                            For

2.     Approving our executive compensation (an                  Mgmt          Against                        Against
       advisory, nonbinding "Say on Pay"
       resolution).

3.     Ratifying the appointment of our                          Mgmt          Against                        Against
       independent registered public accounting
       firm for 2021.

4.     Amending and restating the Bank of America                Mgmt          Against                        Against
       Corporation Key Employee Equity Plan.

5.     Shareholder proposal requesting amendments                Shr           For                            Against
       to our proxy access by law.

6.     Shareholder proposal requesting amendments                Shr           For                            Against
       to allow shareholders to act by written
       consent.

7.     Shareholder proposal requesting a change in               Shr           Against                        For
       organizational form.

8.     Shareholder proposal requesting a racial                  Shr           For                            Against
       equity audit.




--------------------------------------------------------------------------------------------------------------------------
 BANK OF AMERICA CORPORATION                                                                 Agenda Number:  935345670
--------------------------------------------------------------------------------------------------------------------------
        Security:  060505625
    Meeting Type:  Annual
    Meeting Date:  20-Apr-2021
          Ticker:  BMLPRH
            ISIN:  US0605056250
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1A.    Election of Director: Sharon L. Allen                     Mgmt          For                            For

1B.    Election of Director: Susan S. Bies                       Mgmt          For                            For

1C.    Election of Director: Frank P. Bramble, Sr.               Mgmt          Against                        Against

1D.    Election of Director: Pierre J.P. de Weck                 Mgmt          Against                        Against

1E.    Election of Director: Arnold W. Donald                    Mgmt          Against                        Against

1F.    Election of Director: Linda P. Hudson                     Mgmt          Against                        Against

1G.    Election of Director: Monica C. Lozano                    Mgmt          Against                        Against

1H.    Election of Director: Thomas J. May                       Mgmt          Against                        Against

1I.    Election of Director: Brian T. Moynihan                   Mgmt          For                            For

1J.    Election of Director: Lionel L. Nowell III                Mgmt          For                            For

1K.    Election of Director: Denise L. Ramos                     Mgmt          Against                        Against

1L.    Election of Director: Clayton S. Rose                     Mgmt          Against                        Against

1M.    Election of Director: Michael D. White                    Mgmt          Against                        Against

1N.    Election of Director: Thomas D. Woods                     Mgmt          For                            For

1O.    Election of Director: R. David Yost                       Mgmt          Against                        Against

1P.    Election of Director: Maria T. Zuber                      Mgmt          For                            For

2.     Approving our executive compensation (an                  Mgmt          Against                        Against
       advisory, nonbinding "Say on Pay"
       resolution).

3.     Ratifying the appointment of our                          Mgmt          Against                        Against
       independent registered public accounting
       firm for 2021.

4.     Amending and restating the Bank of America                Mgmt          Against                        Against
       Corporation Key Employee Equity Plan.

5.     Shareholder proposal requesting amendments                Shr           For                            Against
       to our proxy access by law.

6.     Shareholder proposal requesting amendments                Shr           For                            Against
       to allow shareholders to act by written
       consent.

7.     Shareholder proposal requesting a change in               Shr           Against                        For
       organizational form.

8.     Shareholder proposal requesting a racial                  Shr           For                            Against
       equity audit.




--------------------------------------------------------------------------------------------------------------------------
 PS BUSINESS PARKS, INC.                                                                     Agenda Number:  935392299
--------------------------------------------------------------------------------------------------------------------------
        Security:  69360J552
    Meeting Type:  Annual
    Meeting Date:  04-May-2021
          Ticker:  PSBPRZ
            ISIN:  US69360J5526
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

3.     Approval of the reincorporation of the                    Mgmt          For                            For
       Company from the State of California to the
       State of Maryland.




--------------------------------------------------------------------------------------------------------------------------
 PS BUSINESS PARKS, INC.                                                                     Agenda Number:  935392299
--------------------------------------------------------------------------------------------------------------------------
        Security:  69360J578
    Meeting Type:  Annual
    Meeting Date:  04-May-2021
          Ticker:  PSBPRY
            ISIN:  US69360J5781
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

3.     Approval of the reincorporation of the                    Mgmt          For                            For
       Company from the State of California to the
       State of Maryland.




--------------------------------------------------------------------------------------------------------------------------
 PS BUSINESS PARKS, INC.                                                                     Agenda Number:  935392299
--------------------------------------------------------------------------------------------------------------------------
        Security:  69360J594
    Meeting Type:  Annual
    Meeting Date:  04-May-2021
          Ticker:  PSBPRX
            ISIN:  US69360J5948
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

3.     Approval of the reincorporation of the                    Mgmt          For                            For
       Company from the State of California to the
       State of Maryland.




--------------------------------------------------------------------------------------------------------------------------
 PS BUSINESS PARKS, INC.                                                                     Agenda Number:  935392299
--------------------------------------------------------------------------------------------------------------------------
        Security:  69360J628
    Meeting Type:  Annual
    Meeting Date:  04-May-2021
          Ticker:  PSBPRW
            ISIN:  US69360J6284
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

3.     Approval of the reincorporation of the                    Mgmt          For                            For
       Company from the State of California to the
       State of Maryland.



* Management position unknown





SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

(Registrant)         Innovator ETFs Trust II
By (Signature)       /s/ H Bruce Bond
Name                 H Bruce Bond
Title                President
Date                 8/16/2021