A wristlet features a strap that allows you to carry it comfortably around your wrist, freeing up your hands for other activities, making it great for quick outings or when you don't want to carry a larger bag. It's versatile in that way.
A clutch, on the other hand, is typically a small, sleek handbag that you hold in your hand or under your arm. Without a strap, a clutch relies on being carried directly, often for more formal occasions or events where a minimalist style is desired. Both serve similar functions but offer different carrying experiences!