Protection/damage absorption perks

Anybody knows what’s the difference? For example:

Slash ward IV says - 3,8% Slash Damage Absorption
Slash protection says - You take 4,1% less Slash Damage

But which one is better and why… I don’t know.

Functionally, they work the same. I agree the wording is inconsistent.

One is granted from a gem, the other is a perk for armor.

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