From a performance point of view, await is just an internal version of .then() (doing basically the same thing). The reason to choose one over the other doesn’t really have to do with performance, but has to do with desired coding style or coding convenience. Certainly, the interpreter has a few more opportunities to optimize things internally with await, but its unlikely that should be how you decide which to use. If all else was equal, I would choose await for the reason cited above. But, I’d first choose which made the code simpler to write and understand and maintain and test.
Used properly, await can often save you a bunch of lines of code making your code simpler to read, test and maintain. That’s why it was invented.
There’s no meaningful difference between the two versions of your code. Both achieve the same result when the axios call is successful or has an error.
Where await could make more of a convenience difference is if you had multiple successive asynchronous calls that needed to be serialized. Then, rather than bracketing them each inside a .then() handler to chain them properly, you could just use await and have simpler looking code.
A common mistake with both await and .then() is to forget proper error handling. If your error handling desire in this function is to just return the rejected promise, then both of your versions do that identically. But, if you have multiple async calls in a row and you want to do anything more complex than just returning the first rejection, then the error handling techniques for await and .then()/.catch() are quite different and which seems simpler will depend upon the situation.