You got your reply already. To add: YJIT is the one that does "basic block versioning" (Which was Maxime's thesis) while ZJIT is a more traditional design.
I am confident in that description but don't actually know what it means in practice (yes I've seen papers and talks, but I kinda need not-compiler-engineer to explain it to me.)
As I understand it BBV still holds promise, but the sheer volume of knowledge of more traditional methods might mean it gets better outcomes (also IIRC ZJIT is still lagging YJIT).