LMFAO!
Well, yeah, if you insist, they're more or less the same thing. The only difference is just that 4-letter word, hard vs. soft. You are saving on a hardware rather than on a software. And yet there is a huge universe of difference between a hardware and a software and the security they imply.
Both had risk and it all depend on the owner of the wallet may hardware wallets or online wallets. If i will be holding great amount of crypto then of course will be having a hardware wallet because there are reports of hijacking especially to dxchanges where we could also consider the deposits as wallets.
However having hardware wallets means that would be more safer as it could also be a problem especially in keeping password or private keys one may able to loss it and that would be a disaster.
To avoid problems in the future with wallets then back up should be done so as to give assurance that you may be able to retrieve it again whe you'll going to need it.