Waves can't really be compared to Ethereum. The good thing about Waves is that it offers a nice way to create these kind of tokens because it incorporates an interface to do all these various stuff instead of having to write the code yourself, but this all comes with some drawbacks, such as limited customization from the part of the platform. Ethereum from the other hand offers an end to end way to create your own token and your own ecosystem which is customizable based on your specific desires, instead of following the way that Waves wants you to do. This is the reason why so many projects are choosing Ethereum over Waves as well, it just offers much more customization and that's attractive for any serious intended project.