Funds are divided into money funds, bond funds and stock funds, and only the income risk of money funds is similar to that of wealth management products.
Your question should be "Do wealth management products make money or money funds make money?" ?
The yield of general wealth management products is 5%, while the yield of money funds is generally 4.5%. However, wealth management products have poor liquidity and need to be redeemed at maturity. Monetary funds have good liquidity, generally T+2. If you buy baby products, you can still receive them on the same day. If it is a bond fund or an equity fund, there is no comparability.