I guess similar in that they are both cnc machined from copper and have tips.
I have to say I have never looked at a Raptor. When we first started making bullets we used the same material as they do/ did. I don't know if they have changed. Weight retention was dependant on impact velocity and hollow point depth. It was a balancing act that had a relativity narrow impact velocity window. When we found the copper that we use now, we are able to control the weight retention based on the hollow point depth. We get the same weight retention from 1800 fps impacts and up to pretty much no ceiling. Very high impact velocity, like 4000 fps, still retains the same weight, it just squishes more. When we found our copper it was a game changer.
I was the guy that was publicly vocal that Hammer Bullets would never have a tip. We had tried several times before and could never get them to work as well as our open hollow point designs. Particularly at low velocity impacts. There was no way we could bring to market a bullet that didn't work as well for terminal performance as what we already had just because it looked cool with a tip and added bc. Sacrificing terminal performance for anything is not acceptable. All tips are what I have always said, a plug in the hole that has to be evacuated in order for fluid to enter the hollow point, so the bullet can expand from the inside out. Like most design challenges, low velocity is the most difficult. The other issue that tips have, with all bullets, is deflecting on angled impacts on bone. Too robust of tip material will break out the side of the meplat and cause directional change or tumbling or bullets not deforming properly. Tipped bullets are notorious for deflecting. Between the copper we use and our tip material and the way we married them together, we have been able to overcome the issues that tipped bullets have. We animal tested all over the world for about a year prior to taking the Hammer HHT to market. Literally hundreds and hundreds of animals taken. We tried several tip materials and were able to get the others to fail but not the material we settled on. I did not think this could be done. I had to eat crow.