Robo-Advisor PortfoliosRanked by Performance

Robo-advisor portfolios replicate the asset allocations recommended by automated investment platforms such as Betterment, Wealthfront, and Schwab Intelligent Portfolios. These platforms use algorithms to build diversified portfolios based on user inputs like time horizon and risk tolerance, typically using low-cost index funds and ETFs across domestic equities, international equities, and bonds. They've become widely used by investors who want a hands-off, professionally structured portfolio.

The underlying portfolios tend to be relatively conventional -- broadly diversified with geographic diversification -- making them useful benchmarks for comparing more active or differentiated approaches. Their main limitations are that the glide path and allocation are set at the platform level rather than tailored to individual circumstances, and that tax-loss harvesting benefits (available on some platforms) are not captured in simple backtests of the underlying allocations.