ngIf is a structural directive, it creates/destroys content inside the DOM. The second statement just hides/shows the content with css, i.e. adding/removing display:none to the element's style.
What are structural directives?
Structural directives are responsible for HTML layout. They shape or
reshape the DOM's structure, typically by adding, removing, or
manipulating elements.
In the first case if expression is false then div and it's content won't be created. In the second case div and content are always created but they are not visible if the expression is false.
*ngIf will include and remove the element from the DOM if set to true and false respectively. [hidden] in angular2 is the equivalent of ngshow and nghide that we had in AngularJS.It just shows and hides the element by add display:none and display:block.
There is actually a performance difference between them:
ngIf will comment out the data if the expression is false. This way the data are not even loaded, causing HTML to load faster.
[hidden] will load the data and mark them with the hidden HTML attribute. This way data are loaded even if they are not visible.
So [hidden] is better used when we want the show/hide status to change frequently, for example on a button click event, so we do not have to load the data every time the button is clicked, just changing its hidden attribute would be enough.
Note that the performance difference may not be visible with small data, only with larger objects.
Scenario :--> suppose you are using Behaviorsubject, and it emits boolean value "true/false".
Case 1 --> *ngIf --> if Behaviorsubject returns initial value false, then it will disappear that DOM. and even if it emits true value later, it wont be visible.
Case 2 --> Hidden --> it will work perfectly based on Behaviorsubject's emited value. i.e it will toggle the DOM.
Note - *ngIf also toggles the DOM but on user's action or DOM event that toggles value of ngIf.