No, he is not. I know comparing eras is always difficult but I break it down as follows:
One of the most cited arguments in favor of today's players being "better" than past players is nutrition and training. Today's players train both body and skills year-round in a way that past era players did not. The counter argument is that if past era players grew up in this era (rather than just time-travel in) with the same resources, what made them great in their era would transfer to the current era.
To entertain the time-travel concept (plucking a player out of one era and magically inserting them into another), I believe the younger Russian-born players entering into the NHL in the early 90s is the closest real-world analogy to that situation. Prior to the mid-90s, North American players did not train year-round. There are plenty of accounts of players that started in the late 80s and played into the early 00s telling of how training and preparation changed during the course of their career. Now, what helped to spur that change? The arrival of the Russian-born players in the early 90s. They grew up as part of the Russian Red Army, training physically and playing hockey year-round. Playing hockey was their entire life, 12 months of the year. They were machines. So, when they arrived in the NHL, aside from being the best-of-the-best from an entire continent, they were also conditioned at a much, much higher level than NA players.
And the NA players had no idea. The Russians had been living behind the Iron Curtain. There was no information coming out as to what they were doing or how they were training. They were from a completely different world, operating in a completely different way than the NA players. The Russians might as well have been aliens dropping in from another planet. There were plenty of comments from NA players on how surprised they were to learn about how the Russians trained. They had no choice but to follow suit.
So, if you were to accept that the early 90s Russians held similar training advantages as today's players, plus being the best-of-the-best from an entire continent, suddenly plugging them into the NHL in that era is about as close as you can get to time-traveling a McDavid back to that era. The Fedorov's, Bure's, Mogilny's were dominant. But, they were also hampered by the style of play, rules, and players of that era in the same way McDavid would be hampered and smaller skilled players like the Hughes', Krug's, etc couldn't even exist.