Nope. Target jackets are slightly thicker.
I shoot the 180 Hyb in my 7RM @ 2996fps. We have taken numerous elk from 60ish to 882 with them. Only 2 have not exited. A cow hard quartering on at 140 yards (never found bullet), and the bull at 882 (broadside just under offside skin).
Nothing went further than 40 yards (one bull at 661). Most under 20 or dropped.
Just to add as some explanation for so many exits with a bullet constructed like that…
A 180gr .284" bullet has a lot of mass. To quantify it, it has a sectional density of .319. That means even as it's expanding and shedding a lot of weight as it penetrates through steep quartering shots, wide bodied elk, etc it has the mass to retain momentum and also not get to the point of simply not enough material left to keep penetrating.
The differences in jacket thickness, ogive shape/contour, etc from things like VLD vs Hybrid and target jacket vs hunting jacket will matter more when things like amount of resistance upon impact are significantly higher or lower as well as the bullet's velocity upon impact. Longer distance shots will obviously be at a lower velocity upon impact which will reduce the rate of expansion. High resistance upon impact, due to something like a shoulder shot or just a large bodied animal or thick hide like a boar hog, will counter the lower impact velocity and still allow for a good amount of expansion. Conversely, lower resistance, due to smaller game, behind the shoulder shot, etc would reduce rate of expansion quite a bit more when the bullet also impacts at a lower velocity. Narrower wound channels and even penciling can occur.
This is why thinner jackets, and the hybrid ogive are better for lower impact velocity shots, especially for shot placements that would produce less resistance. Many people like to avoid shoulders, for example. The VLD hunter is a good choice for higher impact velocity impacts due to its slightly stronger structural characteristics (narrower ogive and slightly smaller cavity as a result).
Overall, in many instances, you may not even be able to tell a difference regarding terminal performance between the two bullets. Any differences seen though would be attributed to things like I mentioned though, or just the odd anomaly.