This is a common narrative, but the deeper I dig the more I think Draisaitl is comftorably better than MacKinnon.
Draisaitl has MacKinnon beat in GAR and xGAR since 2018. Here are their RAPM charts in 2018-21.
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Draisaitl has clearly MacKinnon beat in EVO and completely blows him away in PPO. I think the difference in their offensive games is bigger than the difference between their defensive games, neither of them offers much in that area.
It's a weird narrative that Draisaitl somehow is overrated by his point totals. Here are Malkins RAPM charts from his prime. Draisaitl's latest three years have arguably been better than any stretch of Malkins career and they are very comparable as talents, but Draisaitl seems to struggle to gain the kind of respect.