What are the advantages and disadvantages in comparison between Formik and React Hook Form?

Question

React

At the time of writing the question, I myself have only worked with Formik + Yup. Therefore, it makes sense for new projects to take formik, because. I already know it and it will speed up the development process. But I also know that React Hook Form is common in the React ecosystem.

I want to ask those who have experience with both plugins.
What are the strengths and weaknesses of both?
In what cases should one or the other be used and in what cases should it not be used?

Formik: https://formik.org/
React Hook Form: https://react-hook-form.com/