Except for the connections, the three devices in the image are electrically identical, but only the leftmost two can be used as baluns. The device on the left would normally be used to connect a high impedance source, such as a guitar, into a balanced microphone input, serving as a passive DI unit. The one in the centre is for connecting a low impedance balanced source, such as a microphone, into a guitar amplifier. The one at the right is not a balun, as it provides only impedance matching.