Difference WD My cloud and WD My book live

First of all, I’m new on this forum.

I’m planning to buy a WD 2 TB My passport in combination with either a WD My Cloud or a WD My Book live (probably 3 or 4 TB).

My question is what the most relevant distinctions are between those 2 products (WD My Cloud and WD My Book live) and what the advantages or disadvantages are between these products?

I hope someone can give me a straight forward answer so I can make an objective buy.

The most specific is that the Cloud is several years newer.
It is significantly faster.

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