XLR can ground the hot tip when plugging in, while TRS won't. Else both same three conductor balanced cords, afaik. Edit IMO, XLR are sturdier. Polar pretty much nailed it. I prefer XLR for exactly ...
An XLR cable is an essential addition when dealing with professional audio, video, or stage lighting equipment. It’s also pretty important even when using one of the best microphones for streaming ...