1. Different issuers: stocks are certificates issued by listed companies, and investors call them shareholders of listed companies after buying stocks, while funds are collective asset management plan products issued by fund companies, and investors call them share holders after buying them.

2. Different risks: The risks faced by stocks include liquidity risk, systemic risk and operational risk of listed companies, while funds are equivalent to buying a basket of stocks, so the main risk comes from the management risk of fund managers, so the risk of stocks is higher than that of funds.

3. Different returns: stocks are accompanied by high risks and high returns; The risk and return of the fund are relatively moderate.

4. Different trading places: stocks can only be traded on the market, and funds are divided into on-market funds and off-market funds according to different issuance methods.

5. Different investment methods: buying stocks requires investors to analyze and grasp the buying and selling points themselves; Buying a fund is to hand over the funds to the fund manager for investment. The fund manager is more professional and can better grasp the buying and selling points.