The slotting wheel is thin steel, with teeth.
The jointing wheel (right) is thicker, and covered with fine parallel-cut lines, like those of an extra-fine file, on both surfaces.
This particular example has signs of damage: the platform through which the slotting blade protrudes is, I think, meant to be flat, but this one is bent at the saw slot, as if from being dropped. And the jointing wheel has apparently been broken in half and brazed (?) back together again. Also, I would guess, from being dropped.