How kernel modules (KVM) and distros work

I would like to use the latest edition of linux mint. But Fedora is tempting me due to their up-to-date KVM/Qemu package.

So my question is: Is there anyway to update linux mint/ ubuntu 18.04 to use the latest KVM and qemu without breaking its stability?

I understand that 18.04 uses an older kernel than fedora 31, and KVM is a kernel module. So does this mean ubuntu automatically has an older KVM?

Any help is appreciated.