For the most part there are two things that are important when choosing a distro the "stack" (kernel, drivers, security patches) and "packages" (how often your software gets updated)
For something like Linux Mint which is based on Ubuntu LTS, it does major updates of the "stack" every 4 years with just security updates in the meantime. This means that newer hardware may not work fully due to lack of the latest drivers (and even then it's edge cases), but you are getting a very stable base.
The packages may also not be the very latest versions. Something like flatpaks can be a healthy compromise where you are getting the latest package updates, but you still have a rock solid stack.
Something like Arch would update it's stack far more often but could potentially not boot with a newer kernel with your hardware eg more risky. Fedora is something that would be a newer stack than Ubuntu LTS but also newer packages. Wouldn't be as new as Arch but would also be more stable as a daily driver.