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for less , it is meaningful to compile , but why js and HTML templates are also generated,

is there any significance doing that, in security and performance

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  • In order for Magento to work those files need to be created at some point.
  • They can either be created at run time(when needed) or before hand.
  • The performance improvement becomes then more than obvious.
  • There is also a security improvement as creating all the files before hand will allow you to tighten up permissions on the project in a production enviorment.

More about static content deploy in the official docs https://devdocs.magento.com/guides/v2.1/config-guide/cli/config-cli-subcommands-static-view.html

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