Genetic variability is the basis of evolutionary processes. If you remember, Darwin cited how natural selection depends on the notable variation within species. Genetic variability can help provide proof of speciation and the genetic basis of biodiversity. Genetic variations that alter gene activity or protein function can introduce different traits in an organism. If a trait is advantageous and helps the individual survive and reproduce, the genetic variation is more likely to be passed to the next generation. The main difference between genetic diversity and genetic variation is that the latter refers to how different two alleles of the same gene are, while the former refers to how many genes there are in a population.