They both can pretty much trim, merge and put a video in a different container without losing quality. I tried looking at the alternative to section of the page of both XMedia Recode & AviDemux but they aren't in either of their list even though they are the same program.
They both have the ability to choose Mode > Copy on the Video and Audio tabs which is basically lossless.
Any similar software?
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In good old days Virtualdub has this ability too. Copy video, copy audio. It has/d smart rendering function, but dont know nowadays situation.
I personally love AviDemux myself(I use an old, old version), but the odds of your cut falling exactly on a key frame(where it needs to be to be able to do it losslessly) are not good. So if you are just starting to delve into this stuff....KEY FRAME.....a very important "term" or word for you to keep in mind.