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The choice between NTFS and exFAT depends on your needs and the devices you are using: NTFS (New Technology File System): This is the modern file system that Windows prefers to use by default. It offers advanced features like file permissions, encryption, a change journal for quick error recovery, shadow copies for backups, disk quota limits, hard links, and more. NTFS is ideal for internal drives and is typically used for the system drive. It’s also a good choice for secondary drives where you plan to install programs. However, NTFS has limited compatibility with non-Windows operating systems. exFAT (Extended File Allocation Table): This is a modern replacement for FAT32 and is optimized for flash drives. It has larger file and partition size limits than FAT32, and wider compatibility than NTFS. exFAT is often used for SD cards and other removable storage, offering good cross-platform compatibility and performance. If you want to use an SSD as an external drive on both Windows and Mac, exFAT is a better choice.

Here is the tested list: www.ventoy.net/en/isolist.html