All good, all bad.

The fund's rate of return is low, but the risk is very low, which can be regarded as 0.

Securities have a high expected rate of return and a large share.

If you are a risk-averse investor, then you choose a fund.

If you are a risk-loving investor, choose securities.

Of course, even for securities or funds, the risks are different, and we can only analyze and choose the way that suits us.