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This is an oldie but a goodie.
OCaml has, unlike Standard ML, grown quite a lot since this page was made.
In particular, the section "Standard libraries", I'd recommend looking at:
https://dev.realworldocaml.org/
A couple of places where the comparison is outdated:
- OCaml using Base [1] allows for result-type oriented programming
- OCaml using Base uses less language magic and more module system
While there was and is truth to the distinction that SML is for scientists and OCaml is for engineers, this dichotomy is getting dated: OCaml is under active development, which means that scientists who want better tooling will choose OCaml. For example, 1ML [2] by Andreas Rossberg was built in OCaml.
[1]: https://opensource.janestreet.com/base/
I've been using SML with millet language server and VScode.
you can highlight your code and run just the highlighted bits, in your REPL.
https://github.com/azdavis/millet
If you like F# but not .NET, Fable might also be worth a look: https://fable.io/
Some of us are still using SML for research and teaching, e.g. https://github.com/mpllang/mpl