Robos are actively managed, just not by human, and their fees reflect this. If they’re not actively managed then they make even less sense since they’re more expensive than indices that have better historical returns…

You can't invest in an index so the returns are fictional.

An index ETF sure, but it might be worth paying for tax optimization over that.

What I’m saying is that there’s no Sara to suggest even with tax harvesting it’s better than SPY. The expense ratio is literally 10X.

If I’m wrong feel free to walk me through a 10 year period where any robo advised fund of your choosing has better return, risk and fee adjusted.