Yes. While investment fees should not be "the tail that wags the dog," they are important because (1) they reduce the returns you'd otherwise receive, and (2) your evaluation net of fees is a backward look at past performance, which is no guarantee of what may happen in the future. There are some active managers who outperform certain markets or give greater attention to managing down-drafts...and it may warrant paying a bit more in fees for their talent. But over the longer-term, very few can (or actually try to) do this and it's difficult to measure those who perform well due to skill and a repeatable process vs. those who got lucky or simply surfed a non-repeatable wave. I hope that helps. All the best!
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