colonist vs homesteader

colonist and homesteader both are nouns.

Word	Noun	Adjective	Verb	Adverb
colonist	Yes	No	No	No
homesteader	Yes	No	No	No

As nouns, homesteader is a hyponym of colonist; that is, homesteader is a word with a more specific, narrower meaning than colonist:

colonist: a person who settles in a new colony or moves into new country
homesteader: someone who settles lawfully on government land with the intent to acquire title to it

Other hyponyms of colonist include Pilgrim, Pilgrim Father, pioneer, sourdough, nester, squatter.

colonist (noun)	homesteader (noun)
a person who settles in a new colony or moves into new country	someone who settles lawfully on government land with the intent to acquire title to it