An SVGZ file is a Scalable Vector Graphics (.SVG) file compressed with gzip compression. It contains graphics data in an XML format and supports graphical elements including transparency, gradients, animations, and filters.
WebP, introduced by Google, is a modern raster web image file format that is based on lossless and lossy compression. It provides same image quality while considerably reducing the image size. Since most of the web pages use images as effective representation of data, the use of WebP images in web pages results in faster loading of web pages