Ranked in these QuestionsQuestion Ranking
Pro Supports H.265, and has for over 5 years
Pro Is actively developed by clsid2 on github
Pro Supports frame stepping with Ctrl+Left/Right
Useful for game development frame debugging. Your average user won't need this. VLC has frame advance, but it's hidden and non-intuitive; not clear if VLC can step backwards.
It's been discontinued since 2017.
Con Windows only
MPC-HC supports only Windows operating systems.