Are cheap AirTag alternatives as good as the real thing?

Across specialist communities the consensus is that MFi-certified third-party tags behave nearly identically to an AirTag on the Find My network, with the main trade-off being no ultra-wideband Precision Finding and, by several accounts, a softer beep. Reviewers repeatedly note the budget tags are 'good enough' for keys and bags, while AirTag holds an edge for close-range pinpointing and speaker volume.