NO, laminate and engineered hardwood are very different.
Laminate is a member of the cardboard family. Laminate flooring may look like wood but the foundation of laminate is cardboard.
Engineered hardwood, in contrast, is made up of real wood. Engineered hardwood is built with thin layers of wood to accommodate moisture, humidity and hot/cold conditions.
Because laminate is made from cardboard, its typically lower in cost and less durable in the long run compared to engineered hardwood.
Engineered hardwood vs laminate are also different with heat and cold. Hardwood keeps the floors warmer, because its made from real wood.