From OpenVZ Virtuozzo Containers Wiki
Feature
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Ploop
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SIMFS
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Maturity
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Since 2012
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Since 2005 (?)
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Maximum disk space
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Limited:[1] ploop v1 - 2 Tb, ploop v2 - 4 Tb
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Limited by ext4 filesystem
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Disk space overhead
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Yes, up to 20% for allocated ext4 metadata
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No
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Speed
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Fast in any case
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Very fast with small amount of containers per node
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I/O isolation
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Good
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Bad, "no inodes" issues (when file system journal is bottleneck)
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Need for run external tools for compaction VE images
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Yes, you should vzctl compact every few days for saving your disk space
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No
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Disk space overcommit (provide more space for containers than available on server now)
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Yes
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Yes
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Reliability
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Low: big amount of files produce ext4 corruption so often
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High: fsck, power loss and HW Raid without cache can kill whole data
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Access to private area from host
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Yes
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Yes
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Fear to use filesystem over filesystem
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Yes
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No
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Live backup is easy and consistent
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Yes[2][3], fast block level backup
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No (in case of big number of files )
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Incremental backup support on filesystem level
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Yes (snapshots)
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No
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Different containers may use file systems of different types and properties
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Yes
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No
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Live migration is reliable and efficient
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Yes
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No, when apps rely on files i-node numbers being constant (which is normally the case), those apps are not surviving the migration
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Continue failed CT migration
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Yes, in vzctl from OpenVZ -stable
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Yes, option "--keep-dst"
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Second level quotes in Linux (inside container)
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Yes
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Yes
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[Potential] support for QCOW2 and other image formats
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Yes
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No
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No problems with fs corruption on /vz parition
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Yes
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No
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Snapshot support
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Yes[2]
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No, (because there is a lot of small files that need to be copied)
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Better security
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Yes
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No (bugs can be exploited to escape the simfs and let container access the host file system: CVE-2015-2925, CVE-2014-3519, CVE-2015-6927)
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Shared storage support (Virtuozzo storage, NFS)
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Yes
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No
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Disk space footprint
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Yes
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No
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