Google's tool covers the standard UTM fields — source, medium, campaign, term, content — and outputs a tagged URL, with no account needed. For most small businesses tagging a handful of social or email links, it does exactly what's needed, and it's the reference implementation this whole category of UTM parameter tool is built around.
SMBkits' UTM link builder covers the same core fields in a simpler, single-page form, designed to sit alongside the site's other small-business marketing tools — QR codes, review replies, LinkedIn post rewriting — rather than as a standalone utility buried inside Google's developer tools documentation, which is genuinely hard to find on a first search if you don't already know its exact name.
Neither tool saves your link history — both are meant for generating a tracking link maker result on the spot, not managing a library of past campaigns. If you need to keep a record of every UTM link you've ever generated, that's a feature neither free tool provides, and you'd be looking at a paid link-management platform instead.
If you're already deep in Google Analytics and want the tool from the same ecosystem, Google's builder is a reasonable default. If you want a quick, no-frills version without navigating Google's developer tools section, the SMBkits version does the same job.