No it is not and honestly owning the Ps5 and The Xbox Series X, the two newest consoles in the gaming world, I'd say just switch over to Xbox. Ultimate is cheaper and gives you over 100 free games to play, plus, you can cloud play on Xbox so as not to waste your console's space, but keep game progress all the same as if it were downloaded. As well as that Xbox has overall smoother graphics, gameplay, and interface. It's easily configurable, and I've only had to watch one YT video to change my Xbox's settings (I've watched almost 23 for my Ps5.) If I were you, for a top-notch gaming experience, I would invest in the Xbox Series X. Or just own both like I do so you can get all the exclusive games and things for each Console.