VueJS: <template> vs <div> or related for grouping elements for conditional rendering

Question

In Vue.js, if you want to conditionally render multiple elements via a v-if/v-else-if directive you can wrap them inside <template> tags and apply the directive to the <template> tag, as explained here. However, you can also do the same with <div> tags wrapping the multiple elements. Are there any noticeable performance benefits to using <template> over <div> or any other similar native HTML5 tag?

Answer 1

I doubt there is a performance change but a big difference is that the <template> node does not appear in the DOM.

This is an important distinction especially when grouping children that are the only valid node types for their parent such as list items, table rows, etc:

This is valid:

<ul>
  <template v-if="something">
    <li>Text</li>
    <li>Text</li>
  </template>
</ul>

This is not:

<ul>
  <div v-if="something">
    <li>Text</li>
    <li>Text</li>
  </div>
</ul>