Refetching vs Invalidating queries
queryClient.refetchQueries will force any queries that match the provided query key to refetch. This includes active, inactive, fresh, and stale queries. Yes, even those inactive queries that are just sitting in the cache not doing anything will be refetched.
queryClient.invalidateQueries, on the other hand, will only mark any fresh queries as stale, which automatically triggers a refetch. However, since React Query will never automatically refetch inactive queries, queryClient.invalidateQueries results in fewer queries refetching, which means less network traffic.
A good rule to follow: If you know that the query absolutely needs to refetch, even if its inactive, use queryClient.refetchQueries. For every other situation, use queryClient.invalidateQueries.