1. The risks are different. It is possible for bond funds to lose money, but it is almost impossible for fixed deposits to lose money. However, there is a possibility of losing interest income due to early withdrawal.

2. The costs are different. Bond funds need to pay subscription fees to the fund company, but fixed deposits do not.

3. The income is different. The income of bond funds comes from the investment behavior of fund companies in specific markets according to the fund contract, while the income of fixed deposits comes from the agreement between the bank and the depositor.