No, they’re quite different.
Traditional sports tape is usually more rigid and may be used to restrict or limit movement around a joint.
Kinesio tape is elastic and designed to move with your body. You’ll often notice that you can still bend, stretch and move relatively normally while wearing it.
The type of tape I recommend depends on the injury, your activity and what we’re trying to achieve.
One isn’t necessarily better than the other. They’re simply different tools used for different reasons.