Will vm run windows noticeable better from a bootcamp partition than running straight from macos?

I'm going to install bootcamp win10 on an old macbook only 4gb ram (saving for a new one, will be a while), I also want to later buy parallels for linux and windows (stretching it thin I know), I read you can run it off the bootcamp partition, that will not be as good as switching at boot and giving all resources to win, but will it be noticeably better than running win 10 direct from mac?

Parellels website addresses this, but only says they are both 'ok' performance, I don't know what that means, both windows will be light usage, no graphics, games, just few applications.

https://www.parallels.com/ca/products/desktop/import-bootcamp/